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Thursday, August 27, 2020
In-N-Out Burguer Essay
Depict In-N-Out as far as the worth it accommodates clients. Consistently, the café network In-N-Out has achieved superb client assistance and fulfillment. In addition, their client assistance is presently grouped among the top of the line when contrasted with other drive-through eateries that are inside In-N-Outââ¬â¢s scope of administration. By and by, the benefit they are making is similar to, if not higher than Burger King and McDonaldââ¬â¢s. Numerous specialists surveys have supported In-N-Out on the grounds that they are known for giving clients mystery menu things, which generally speaking helps increment client esteem. As such, the acclaimed ââ¬Å"secret menuâ⬠technique is bringing back its unique clients as well as their loved ones. Assess In-N-Outââ¬â¢s execution comparative with client desires. What is the result of this procedure? In-N-Out has performed well with regards to filling customersââ¬â¢ desires. On account of the extraordinary presentation of fered by the café; they have positive commercial by their own customers. At the end of the day, their own clients advance the food and administration of the café; sparing the chain a huge number of dollars in TV promotion. They are currently popular for giving ââ¬Å"Quality you can tasteâ⬠just as a unique equation that remaining parts unaltered. Another reality to their prosperity is that, they have never changed their menu or newness of the items. A great many individuals talk about the newness and elegance of the food and are continually wanting to return inside days. Do you think In-N-Out ought to receive a high development system? Why or why not? I put stock In-N-Out ought to stay with their moderate development procedure. This specific chain of eateries has unquestionably gone past desires. The reality of the situation is, a customary business with such methodology would have bombed inside the initial three years. Notwithstanding, In-N-Out has remarkable in achieving what appears to be difficult to other quick nourishments, for example, McDonalds. The chain of eateries it isn't found in each state, so when a voyager is close to one there is a high possibility they will attempt it. With such a large number of clients brought into In-N-Outââ¬â¢s ââ¬Å"no changeâ⬠theory, why donââ¬â¢t more burger chains stick to this same pattern? Every burger chain has its guidelines and systems, for them to receive the ââ¬Å"no changeâ⬠rule implies huge numbers of their proprietors would need to concur. Since such way of thinking isn't the most widely recognized fruitful one the probability of them changing over isn't high.
Saturday, August 22, 2020
Puerto Rico Essays (954 words) - Americas, Puerto Rico,
Puerto Rico Puerto Rico is an island. It's rectangular fit as a fiddle. It's coasts measure roughly 580 kilometers. It is the littlest and most eastern island of the More noteworthy Antilles. Puerto Rico has numerous Mountains; they spread 60% of the island. The domain additionally comprises of a lot of downpour backwoods, deserts, sea shores, caverns, seas and streams. A couple of the biggest mountains in Puerto Rico are, the Cerro La Punta (4,389) Rosas (4,156), and Guilarte (3,952). A significant number of the rainforest that secured the island has evaporated. The 28,00 sections of land that are left stay at El Yunque top. Areas of mountains-This is the Carribean national Forrest. In this Forrest you can discover numerous assortments of plant and creature life. Areas of rainforests-Also some significant caverns of the west side of the equator are in Puerto Rico. For instance the Rio Camuy. Inside it are fine instances of stalactites, stalagmites, and a lot of bats. Because of the way that Puerto Rico is a moderately short in whidth, it doesn't have any huge waterways like waterways and lakes. Anyway it is encircled by water so that is not so much a issue. There is likewise an extremely huge measure of precipitation because of the rainforests. Puerto Rico's regular assets comprise of some stone, fish, copper and nickel, and there is a potential for on and seaward raw petroleum. The climate is normally warm with a normal temperature of 80 degrees F. The north coast gets twice as much downpour as the south coast. The dry season is December to March. Puerto Rico is extremely presented to the twisters of the Caribbean. Not as awful be that as it may as Jamaica, Cuba, and other Lesser Antilles. Tropical storms much of the time happen between August and October. The most ruinous storm in Purto Rico's history was San Ciriaco. It happened on August 8, 1899. History Puerto Rico's first occupants were the Taino Indians. They originally called the island Boriken or Boriquen. The name signifies the extraordinary place where there is the valiant and honorable Lord. The island was first found by the Spanish in 1493. It experienced numerous changes. The Indians were pushed aside and made slaves for the new pioneers. Slaves were transported in from Spain also. Hundreds if Indians kicked the bucket from malady. Numerous Spanish men wedded Indian ladies. The island settlement languished over many years from typhoons and sicknesses. After around 1850, the longing for more noteworthy opportunity from Spain expanded among the individuals of Puerto Rico. As a consequence of this another type of government was set up in 1898. Puerto Rico was taken over by America. It turned into a piece of the United States on December 10, 1898. Being a piece of the U.S. helped the Puerto Rican culture a ton. They constructed emergency clinics, dams, streets, and schools. In 1917 the subsequent Organic Act gave Puerto Ricans the capacity to become U.S. residents. The U.S. Armed force's 65th Infantry Regiment won popularity for their fortitude and brave. This regiment was comprised of all Puerto Ricans. The legislature of Puerto Rico is controlled by the United States congress. Most government laws apply to Puerto Rico. The Common riches government is worked under its own constitution. The governer is CEO also, is basically in control. Voters choose 2 congresspersons and 1 representitive. The preeminent Court is the most noteworthy court in Puerto Rico. It has 7 judges selected by the govenor. They my fill in as long as they need, as long as its not past retirement age. The 92 better court judges are selected than multi year terms. Cases including government law are heard in the U.S. Locale Court of Puerto Rico. It has 7 adjudicators designated by the President of the United States. Culture Puerto Rico is a packed island it is populated by around 3,522,037 individuals. The capital is San Juan. San Juan is likewise the biggest city. Other enormous urban communities of Puerto Rico are, Carolina, and Mayaguez. Puerto Rico is an extraordinary spot to go and see spainish culture. The food is a great deal like Spanish and Mexican food. However certain flavors make a few things more Puerto Rican. Puerto Rico has numerous various kinds of music, just as the United States. However, it is most know for its Salsa. Many think it as a sauce to plunge contributes. Anyway in Puerto Rico it is a usually tuned in to music. Also, with Salsa music comes The Salsa. The salsa is a Latin move where a man and lady accomplice up and swing there hips in
Green Grass, Powerful Women Essay -- essays papers
Green Grass, Powerful Women White culture confused, disparaged and even prohibited local convictions. Locals, thusly had to live as per the absurdities of the white man. In Green Grass Running Water, King depicts these absurdities through four old Indians and a coyote that are attempting to fix the world. This errand turns out to be hard for them, when the Christian God shows up and destroyed everything. Presently they are confounded and the world is in disarray. Ruler shows how irrational and outside the locals found the Christian religion; particularly in itââ¬â¢s sees on Womenââ¬â¢s imbalance. Everything began ââ¬Å"in the beginning.â⬠Everything approved of this [Indian] starting until that insane Christian God (or pooch) took a few to get back some composure of the world and blended everything up. Thus, there was a Sky World and in that sky world was a lady. Large lady. Resilient lady. First Woman. First lady tumbles from the sky world into the water world and chooses she better make some land. G O D thinks this is alright, yet a nursery would be better. First lady makes a nursery and lives there with Ahdamn. No one knows were Ahdamn originated from, yet things like that occur, you know. (Lord, 40) From the start this fledgling Christian G O D doesn't understand that there is anything amiss with First Woman being called Strong Woman. Normally, no (Christian) G O D in their correct brain would let a lady have a name with that much force. This new G O D likewise doesn't understand the unimportant job that Adam plays or the embarrassment that he carries with a name like ââ¬Å"Ahdamnâ⬠. Beside his name, Ahdamn is a silly man. While First Woman is caught up with discovering them something to eat, Ahdamn is naming the creatures. You are a microwave, Ahdamn tells the Bear. We got the opportunity to get you a few glasses, says the Bear. You are a phone directory, Ahdamn tells the Cedar Tree. Youââ¬â¢re drawing nearer, says the Cedar Tree. You are a cheeseburger, Ahdamn reveals to Old Coyote. All is well and G O D doesn't think anything isn't right until First Woman runs over that prohibited tree. It has a wide range of treats, for example, apples, melons, bananas, sausages, fry break, corn, potatoes, pizza, and extra-fresh companion chicken. Be that as it may, G O D doesn't need anyone eating his food thus his Christian standards are made and ladies are stifled. In this next story G O D has more authority over the circumstance and is... .... She needs to get his face to keep his consideration; and second, Albertaââ¬â¢s command over him. She holds all the cards, he is only a player in her game, and heââ¬â¢s about get free. She doesnââ¬â¢t truly need him, actually, on the off chance that she can figure out how to manage without him, itââ¬â¢s done. She would prefer to have a single night rendezvous or be misleadingly inseminated than to have a man follow along. Plainly the job of a man is reduced, not expected to make the child and not had any desire to raise the infant. This is outside of the social Christian standards, however Luckily Alberta is a Strong Woman, an Indian lady and has the financial way to help a kid all alone, which is beyond what she can say for Lionel. Poor Lionel is left in obscurity with no task to carry out yet that of a kid whose destiny is constrained by the ladies around him. The four old Indianââ¬â¢s more likely than not accomplished something right, regardless of the Christian G O D impeding their way of life and wrecking their story. Indeed, even outside of this novel, we live in a turbulent universe of stirred up stories and consolidated religions. We are a Christian country (because of the Christian G O D) yet we additionally maintain our Native inceptions of female predominance.
Friday, August 21, 2020
Date (phoenix dactylifera L) Research Paper Example | Topics and Well Written Essays - 1500 words
Date (phoenix dactylifera L) - Research Paper Example A solitary pack of date palms that weighs around 8 kg may contain upwards of 1000 dates. ââ¬Å"The dried natural product is over half sugar by weight and contains about 2% every one of protein, fat and mineral waterâ⬠(online-family-doctor.com, n.d.). Date palm has a place with the Phoenix dactylifera tree in the palm family. The mt genome of P. dactylifera shows an assortment of remarkable characteristics as it happens to be the first of the family plants of palm. It not just situations at the known monocot mt genomesââ¬â¢ roots, yet additionally has an altogether low recurrent substance level while it displays the RNA altering occasions in plenitude. Date palm shows ââ¬Å"a elevated level of chloroplast grouping inclusions when contrasted with other known angiosperm mt genomesâ⬠(Fang et al., 2012, p. 9). There is no target record of the specific area where and time when the date palm started as this data is accepted to have been lost in ancient times, yet there are numerous records that propose the development of date palm in 4000 B.C. as the date palm was utilized in the development of the moon godââ¬â¢s sanctuary in the Southern Iraq, Mesopotamia. Another confirmation of the artifact of this organic product is the Nile Valley in Egypt where the date palm was embraced to represent a year in the Egyptian hieroglyphics while the frond of the date palm was utilized as a monthââ¬â¢s image. ââ¬Å"[This information] is affirmed by history, and authenticated by the archeological examination into antiquated recorded survives from the Sumerians, Akadians and Babyloniansâ⬠¦Houses of these exceptionally old individuals were roofed with palm tree trunks and fronds. The employments of date for restorative purposes, notwithstanding its food esteem, were additionally documentedâ⬠( Zaid and Wet, n.d.). Date palms are accepted to start in Babel, Iraq, however there are additionally confirmations of its beginning in Harqan, and Dareen. Date is one of the most nutritious and tasty natural products that have been
Business majors TKG
Book Recommendations for International Relations / Business majors We recently received the following email: Subject: Book recommendation request for International StudiesMessage: Hi, I'm interested in international studies and business/economics. Do you have any book recommendations that combine these two, that will look good on a college application?We love emails like this. Itâs specific, direct, and shows us that the writer of this email is doing research and is trying to formulate a plan. Thank you for this question. There are two reasons why our reader is asking this question. And theyâre both important. If youâre looking at this and wondering why books matter on a college application, definitely keep reading. Colleges are starting to ask what you read during your free time. Columbia, Wake Forest, and Stanford ask for an entire list, and weâre seeing more and more schools include a book question on their application. What you read says a lot about you, and when colleges ask you what youâre reading theyâre giving you an opportunit y to highlight your passions and interests. Consider it a gift. Your list should give the admissions team an idea of who you are and what you care about. There is technically no right answer when it comes to what you read, but be aware that conclusions will be drawn based on your responses. A list of feminist novels will tell a different a story than someone who has spent the last four years reading historical biographies. You can include a few books that youâve genuinely enjoyed (even if itâs a lighthearted book that you read when you want to unplug) but your answer should not be primarily comprised of novels from People magazineâs âBest Summer Beach Reads of 2019â list, because that wonât send the right message. We do not condone listing a bunch of books that you havenât read but make you sound smart, because A) youâre lying, B) colleges will see right through it, and C) most likely you will sound dumb. But we do support beefing up your book list, as reading helps us all become more well-rounded people and allows us to see the world from vantage points other than our own. Itâs a good idea to educate yourself in your potential field of study so that you can talk about it, write about, and make sure you actually like it. Letâs start with the last part of that sentence. Weâve worked with tons of students that are positive, beyond a shadow of a doubt, that they want to major in History, Business, or X major. And then when it becomes time to look into potential classes of interest, the readings on the syllabi seem less than interesting. Way less than interesting. If you think you want to major in something, or are leaning towards a few fields, itâs a good idea to read books and online material on that subject and see how you like it. You might be interested, and might not; and either one is fine. Worst case scenario youâll end up a Biology major with a wealth of knowledge about English literature. When you start reading books and materi al that you love, youâre probably on the path to choosing a major. What we mean by reading books will allow you to talk and write about a subject, is that once you start taking in more material youâll be able to write about it in your supplements. A lot of colleges will ask âWhy X school,â and while a majority of your answer needs to rely on classes and extracurricular activities, you can spice it up by including things youâve read when space/word count permits. If youâre pitching yourself as a business major, âIâve read everything Seth Godin has ever writtenâ sounds a lot better than âone time I watched Shark Tank.âTo get back to the email, we have some advice for any student asking themselves this question. Itâs impossible to read everything about a subject as broad as international relations, business, or any college major for that matter. You choose a major because you want to learn more about that discipline, and no one expects you to show up on your fir st day of college as an expert in any field. So instead of trying to cover everything, be specific. We always encourage our clients to be incredibly specific with everything they do. You can do this by digging deeper and identifying areas within your chosen discipline that you care about most. Weâll use this question as an example. What is it about business and international relations you want to read about, and what are your goals? Do you want to learn about being an entrepreneur in Asia or how a multinational corporation works? To broaden things, you should look at subsets within the major (or topic) and find things that genuinely interest you. If you like Journalism, you might start by clarifying if youâre interested in print or video, then do research from there. Itâs important to note that history plays a role in most disciplines. If youâre looking into international business in Asia, for example, you should also read about the history of that region. If you want to st udy Linguistics, read about how the field has changed drastically over the last 50 years. For Art History, if youâre interested in Italian art from a certain time period, you would want to read about the social and political climate of Italy during your chosen time period. A good way to find books to read is by looking at a schoolâs website and trying to find the syllabus for a course youâre interested in. Checking in on the social media accounts (usually Twitter) of a program can work too, as sometimes theyâll host guest speakers that hold panels on books that are read in class. We looked online for international relations / business major related books and suggest the following as a place to start: Capitalism in America: A History by Alan GreenspanThe Making of Global International Relations: Origins and Evolution of IR at Its Centenary by Amitav Acharya and Barry BuzanFortune Makers: The Leaders Creating Chinaâs Great Global Companies by Harbir Singh, Michael Useem, an d Neng LiangShoe Dog: A Memoir by the Creator of Nike by Phil KnightThe Innovator's Dilemma: The Revolutionary Book That Will Change the Way You Do Business by Clayton M. ChristensenThe Power of Little Ideas by David RobinsonMastering Catastrophic Risk: How Companies Are Coping with Disruption by Howard Kunreuther and Michael Useem If you want help with your reading list and application strategy, contact us here.
Saturday, June 27, 2020
Entrepreneur - Free Essay Example
Table of Contents 1. Introduction ImageCafe2 2. Clarence Wootenââ¬â¢s Strengths and Weaknesses2 3. Product versus Service-Oriented Focus2 4. Feasibility Analysis2 5. Capital Funding3 6. Conclusion3 7. Introduction ââ¬â Roxanne Quimby4 8. Idea versus Opportunity4 9. Burtââ¬â¢s Bees Success Story4 10. Relocation to North Carolina: The best solution? 5 11. Conclusion5 12. Introduction ââ¬â Globant6 13. Globant Challenge6 14. Strengths Weaknesses6 15. Industry Analysis6 16. Competitors Analysis7 17. Target Market7 18. Globant Industry Segments7 19. Conclusion7 20. Introduction ââ¬â Indulgence Spa Products8 21. Family Business versus Family Enterprising8 22. Indulgence Issues8 23. Parent Company Concerns8 24. Growth Strategies9 25. Introduction ââ¬â Quick Lube Franchise Corporation (QLFC)10 26. Super Lube Franchising Model10 27. QLFC Success and Growth10 28. Critical Issues10 29. Was QLFC Suit Justified? 11 30. QLFC/Huston ââ¬Å"Summitâ⬠Episode 21 1 31. Bibliography12 Introduction ImageCafe Clarence Wooten has been motivated to become an entrepreneur since young with a typical childhood dream to get rich. Following his strong academic and technical interests, he founded Envision Design, an award-winning 3-D animation company targeting architects. His second start-up, Metamorphosis Studios, a company that focus on special effects and multimedia presentations ended up in failure like the first venture as he morphed into his third, ImageCafe, a business that designed website templates that appeared to have been designed by high-end professionals. Clarence Wootenââ¬â¢s Strengths and Weaknesses With both of his parents being self-employed and a constant transitioning between homes, school systems and friends at a young age enabled him to become comfortable adapting to different situations in life. Clarence main strength was his high learning curve, accumulating extensive knowledge in computer graphics possessing creative design skills. Clarence was constantly on the lookout for opportunities and develops ideas, creating businesses to fill it as evidenced by the setting up of Envision Design and Metamorphosis Studios. However, Clarence failed to understand the difference between an opportunity and an idea, as to whether the idea fills a need and meets the criteria for an opportunity because an idea is a thought, an impression or a notion and may or may not meet the criteria of an opportunity (Barringer Ireland, 2010: 67). The end-result was two-failed entrepreneurial efforts prior to ImageCafe but the effect characterized his ability to persevere through setbacks and failures, giving him a vital learning experience for the third (Barringer Ireland, 2010: 36). Product versus Service-Oriented Focus By going to a product-oriented service, he understood the two most important elements in any businesses, which are products and customers. While itââ¬â¢s important to think about management, finance , marketing and the like, none f these functions make any difference if a firm does not have good products with the capability to satisfy a wide audience of potential customers (Barringer Ireland, 2010: 36). It is inevitable in service-oriented business model to encounter payment and commitment problems as in any other industries because service-orientation means supporting customersââ¬â¢ activities and processes, resulting in overlapping service production and consumption where the most important characteristic of services is their process nature and the interaction between provider and customer in the service process (Erwin, 2008). In reality, a business model can be a mix of product and service-orientation focus as these orientations are more different kinds of logic then different characteristics of the offering (Erwin, 2008). Therefore, a physical product can have a service-oriented business model, while a service can have a product-oriented business model (Erwin, 2008). Feasibility Analysis Wooten noticed a technology trend among computer users and corporate companies on their need for creating websites (Barringer Ireland, 2010: 69). He knew that that in order to obtain a website, one had to either hire a dedicated, full-time web design firm, which was expensive or a DIY method with relatively inexpensive software programs but hindering itââ¬â¢s use is a steep learning curve for its appropriate use. Wooten took advantage of the technological trend and found gap in the marketplace for web design targeting specific market segments, which is the small business firms who could not afford full service web design firms and yet could not afford to erode their corporate image with cheap and unprofessional websites done by DIY methods. It is just not realistic to introduce a completely original product idea into a completely new market, which is too expensive to be a pioneer in each area (Barringer Ireland, 2010: 112). Wooten knew that he did no t have the resources needed to participate in a broad market and by focusing on the small business segment, ImageCafe can avoid head to head competition with industry leaders and can focus on serving this specialized market very well meeting their demands with his innovative product (Barringer Ireland, 2010: 112). This was a win-win situation for both small business segment and Wooten. Using their extensive knowledge of high-end software, HTML, web programming and artistic ability for developing graphical user interfaces along with their previous experience in the same field, Wooten understand the markets in which the firm will participate (Barringer Ireland, 2010: 114). Capital Funding All new ventures alike, in order to build a high potential venture; he needs to raise enough capital because a companyââ¬â¢s burn rate can cause several complications until it reaches profitability or growth capability even if it has good products and satisfied customers given the fact tha t he had a small team of two programmers working on the back-end whom Wooten has agreed to pay $30,000 in stock or cash once capital had been raised (Barringer Ireland, 2010: 341). Wooten did not want to deal with people who did not understand or care about their long-term business vision just like the way he approached WSGR, the law firm for their legal services and when he rejected Walker as an angel investor after his request for relocation of the new company and payments paid based on milestones. With WSGR, Wooten developed a strategy for engaging potential investors as they setup several meetings for him using their professional recommendations with venture capital firms in Silicon Valley. WSGR stand to earn $40,000 in legal fees should he manage to receive sufficient funding while enabling Wooten to secure the funding needed should things go well, fulfilling mutual interests. Wooten went one step further; making presentation and providing investor a completed business p lan as evidenced by his approach towards Bill Daniels (Barringer Ireland, 2010: 348). Wooten went for equity financing, wanting $300,000 in capital, based on a $3,000,000 valuation, giving up 10% of the company equity without being aught short on cash yet paying for capital it doesnââ¬â¢t need. Moreover, appearing uncertain about the amount of money required to support his venture make a poor impression to potential lender or investor (Barringer Ireland, 2010: 345). Conclusion Was $10,000,00 valuation the cause for ImageCafeââ¬â¢s inability to secure further funding to continue the fight resulting in the financial uncertainty even though the product was on track? Introduction ââ¬â Roxanne Quimby Roxanne is a young, enthusiast entrepreneur living at a subsistence level in the backwoods of Maine, whose creative ideas and entrepreneurial spirit lead her to an opportunity and create a new business around beeââ¬â¢s wax products and derivatives, growing it into a multi-m illion dollar venture within a few years. With her company experiencing profitable growth, Roxanne faces a major issue of re-location to North Carolina and the offer of a significant strategic sale. Idea versus Opportunity Barringer Ireland (2010: 66) defined opportunity as a favorable set of circumstances that creates a need for a new product, service or business. An idea is a thought, an impression or a notion or form part of an opportunity (Russell, 2003; Barringer Ireland, 2010: 67). According to Russell (2003), an idea is of academic interest only when judge in isolation and is inert, until combined with the other factors to create an opportunity. Generating idea is the entrepreneurââ¬â¢s first step to realizing a favorable opportunity where an idea must interact with other components to create an opportunity, but many ideas need to be assessed till the right one is chosen to become part of an opportunity (Russell, 2003). According to Russell (2003), idea might be a great innovation or simply a more effective way of doing something. Insight or exploration may generate an idea or may be accidentally stumbled upon. Russell (2003) states that opportunity construction is the next step in the entrepreneurial process where idea is positioned in the real world. When idea is combined with marketing and economic factors to form the opportunity, the likelihood that a gap is determine between market needs where wants can be filled by creating businesses (Russell, 2003; Barringer Ireland, 2010: 66). A real need in the market must be either satisfied or created where the timing should be right, adding value for the buyer with both profit and growth potentials high for the entrepreneur (Russell, 2003). More often than not, opportunities are more important than the ideas themselves in the real world. Burtââ¬â¢s Bees Success Story Roxanne acquired an early entrepreneurial education through her father by working on his numerous entrepreneurial projects a nd selling her own hand-made crafts to raise money for her college education. Although generally not interested in business but because of her character, she developed a passion for the business and remained passionate about her business idea about Burtââ¬â¢s Bees (Barringer Ireland, 2010: 33 35). Roxanne stated, ââ¬Ë I liked buying and selling things well, adding value. She wanted control and self-accountability reflecting strong entrepreneur characteristics as she stated, ââ¬Ë I loved the freedom of starting a business, of not knowing how it would turn out. ââ¬â¢ Roxanne had a partner who shared her vision where there is no conflict between them about the business. Burtââ¬â¢s demonstrates an ability to adapt to the evolving needs of the business and the risks along with it, sharing the same perspectives as Roxanne as he supported her decision to relocate from Maine to North Carolina. ââ¬Ë Burt was my main sounding board and gives me a lot of moral and psy chological support. In all this time, thereââ¬â¢s never been a conflict between us. ââ¬â¢ said Roxanne. As a first-mover in the market carry a significant amount of risks but Roxanne knew that the product is desirable and serves a need in the marketplace with the candle an initial hit. She has accidentally tapped on an un-served market in urban areas where people has an unconscious desire for more simplicity and their products speak to that need. Roxanne came up with a marketing strategy to expand the product line to include other handmade crafts and beeswax-based products like lip balm to serve the same market. Roxanne adopts a bootstrapping approach to finance the company through thriftiness and retained profits, as she is a non-believer of going into debt to keep a company going. Being a cash-aware person, Roxanne refused to sell products to any retailer who didnââ¬â¢t pay its bill within the required 30 days. During the growth stage of Burtââ¬â¢s Bee, the minim al amount of resources were used where household kitchen appliances were used for the manufacturing processes and messages for Burtââ¬â¢s Bees orders were taken at a local health food store. Roxanne willingness to sleep at the back of pickup truck for trade shows and the rental of an abandoned one-room schoolhouse with no utilities for $150 demonstrates the efficient use of resources. This approach proved to be a success as the company since the beginning of 1987 has never once dipped into the red, had always turned a profit and had always increased with large number of national retailers stocking Burtââ¬â¢s Beesââ¬â¢ products. Relocation to North Carolina: The best solution? Burtââ¬â¢s Bees remaining in North Caroline will allows the company to grow, realize its full potential and become ready for harvesting for a price that is acceptable to both Roxanne and Burt. Transportation costs and payroll taxes are significantly lower in North Carolina than in Maine but wh at was more compelling though was the large supply of skilled labor, which will enable Roxanne to hire a management team with relevant expertise would release her to consider broad management issues and support her in business decisions, rather than to involve herself in direct supervision of the product workers. From a cost and manufacturing perspective, operations in North Caroline will have to change from manual production-oriented methods to automated manufacture-oriented in order to control labor costs and to ensure future revenue is not limited as in Maine. Another critical factor was that a large percentage of the countryââ¬â¢s population live within a twelve from the North Carolina plant, which will places Burtââ¬â¢s Bees products closer to the majority of its customer base. Additionally, Burtââ¬â¢s Bees could retained its original product line in Maine that make the company so successful since the governor of Maine had said to call him should Roxanne changed her mind about North Caroline. She could make use of this opportunity to negotiate a deal to mitigate Burtââ¬â¢s Beesââ¬â¢ tax, transport and employment costs. Since the whole product line in North Caroline is going to change and refocus on skin care products, it would be useful to make use of Burtââ¬â¢s Beesââ¬â¢ valuable branding in Maine to concrete and market their new products line in North Caroline to the existing urban customers, making it easier for them to penetrate existing and potential markets. Conclusion As suggested above, moving to North Caroline and retaining the production line at Maine would have great advantages, such as maximizing Burtââ¬â¢s Beesââ¬â¢ potential in terms of greater profit and yet fulfilling Roxanne sense of ethic responsibility towards the Maineââ¬â¢s employees. Introduction ââ¬â Globant Globant is a four-year-old venture making business headlines in Argentina as the largest independent information technology (IT) outso urcer in the country. Both Martin Migoya and co-founder Guibert Englebienne are network entrepreneurs who fueled sales by tapping their personal networks, and by successfully following up on every lead and referral that had come their way. Their sustained push for wins, however, has resulted in such a broadly diversified portfolio of clients and service offerings that they risk being marginalized by larger, more focused competitors. Globant Challenge One of the early challenges for Globant was that there was a lack of knowledge about their country among many of their potential clients. In addition, historical fears of criminal activity and political instability have required Globant to do additional explaining to convince potential investors and clients. Another significant challenge was with Globantââ¬â¢s broadly diversified portfolio of clients and service offerings as tier one prospects were choosing IT service partners who could demonstrate a deep and wide understanding of their particular industries, which were not to their advantage. Strengths Weaknesses Globant place an emphasis on supporting and contributing to open source technologies for NET and Java applications and by utilizing agile development methodologies. The other lies in their recruitment strategy, hiring a wide variety of backgrounds and technological skill sets such as Java, NET, LAMP and Oracle, employeesââ¬â¢ knowledge domains differed across platforms such as Linux, Unix and Windows as well as system administration experience and application design work through existing employees for referrals. Both of this emphasis gives Globant the ability to be in constant contact with their clients globally, staying relevant to their clients or industries changing needs and requirements, enabling them to provide any skill set a client might request as well as being able to attract talent with industry-specific expertise. Their weakness was language barriers, which was the level of English proficiency as they go into geographical and eventually international expansion. By providing free English lessons to help employees, it was apparent that they wanted staff that can make a valuable contribution and itââ¬â¢s not good enough to hire someone who is well intended but who doesnââ¬â¢t precisely fit the job (Barringer Ireland, 2010: 316 -17). All this created such a broadly diversified portfolio of clients and service offerings such that Globant is in danger of losing focus on the market to their competitors. Industry Analysis Outsourcing become a business trend as more firms want to save on cost and time, access to expertise that were not available internally and give back organizations the ability to refocus on core business functions (Barringer Ireland, 2010: 173). Firms simply wanted to offload areas of work that were not central to their business models, allowing them to maximize their efforts in areas where they could best differentiate themsel ves. There was thousands of IT outsourcing companies in the world where competition was fierce and growing. Differentiation is very difficult given the sheer size of the industry and because there were usually several similar companies for any particular specialty or segment. Globant was completing in global industries with experiencing significant international sales at different geographical locations and will have to note that global strategy depends on how similar customersââ¬â¢ preferences are from market to market (Barringer Ireland, 2010: 185). Competitors Analysis Globant faced a number of direct competitors who offer identical services and going after the same customer base, many with North American sales offices in Massachusetts. They also faced future competitors who have set up development centers in Uruguay, Brazil and Russia. It faces difficulty in winning over the loyal customers of its major competitors even if it does offer better services (Barringer Irel and, 2010: 186). Target Market By targeting specific industries as well as geographic regions, Globant can keep abreast of technological and business trends for its market, developing core competencies pertaining to its specific marketplace. For Globant with such diversified portfolio of clients and service offerings, it has to begins breaking itself down into more narrowly focused markets to regain its competitive edge. Globant Industry Segments Given Globantââ¬â¢s software development expertise with open source architecture as another of their strong technology differentiator, their industry segments should be based on companies that used technology as a competitive advantage. The high-tech segment would provide the most value as reference customers for Globant as California represented about 30% of the high-tech market and contained many of the big-name companies. Firstly, for most of the larger firms, the greatest outsourcing need was for customization expertise in pack aged and prepackaged software such as SAP and Oracle, which Globant could provide for. Secondly, the segment also had strong interest in using open source technologies that Globant is supported of, which is also their expertise. The travel industry has undergone a tremendous shift in recent years toward online commerce with off shoring having successful experiences with it. With the growing need for travel websites to cut costs, Globant can allow the segment to differentiate themselves through innovative technologies, breadth of functionality and international capabilities with their expertise. The financial services are a midsized market where competition is fierce driven by new offerings and innovations. Many of the new products are technology based and diverse. There were also new areas of interest for exploration where build decision was more pertinent in the midsized segment that Globant could provide for with their expertise. Conclusion Their strategy of ââ¬Ë Recruit the best local talent and deliver high-quality solutions while ensuring superb customer serviceââ¬â¢ can define the path a company takes and acts as its compass to redevelop their focus and tactical approach to their future business development in order to complete. Introduction ââ¬â Indulgence Spa Products Robert and Ulissa Dawson family enterprise, Dawson Products, was one of the last remaining privately held black enterprises in the personal care products industry, making them role models in the African-American community. They had taught their daughters, Angela, 39, and Jimella, 32, to be self-sufficient at a young age. Bright, energetic, and independent, the talented young women have become key figures in the growth trajectory of this family enterprise but now Jimella wants to strike out on her own rather than stay and grow the core family business. Family Business versus Family Enterprising According to Bellet et al. (2010), family business has been defined as a b usiness that is owned and managed or controlled by one or more family. A more detailed definition define family firms as organizations where two or more extended family members influence the direction of the business through the exercise of kinship ties, management roles, or ownership rights (Bellet et al. , 2010). Bellet et al. (2010) stated in his article that the connection between entrepreneurship and family business is widely unrecognized but families are vital and supportive environments for entrepreneurial behavior. Entrepreneurship research has also revealed that family support and the presence of self-employed parents are important influences in venture initiation and business ownership (Bellet et al. , 2010). In fact, the family business is quite simply the wider-lens view of entrepreneurship as the initial business efforts of one or more family members grow and change over time. According to the definition above, this case in question was a family business because they termed Dawson Products as the parent company, which means that Indulgence was a subsidiary of Dawson Products. For her continuous contribution to the family business, Jimella received financial support of $250,000 from Dawson and allow her to use the Dawson business infrastructures to support Indulgence and manufacture most of her product lines. Indirectly, this also means the Dawsons could influence the fate of Indulgence through the exercise of kinship ties, management roles or ownership rights. Indulgence Issues Although Jimella did a competitors analysis for Indulgence, she did not realized that her targeted market was too broadly diversified by positioning itself as a company that creates products for all women. Even though she had created competitive marketing strategies, without a clearly defined target market, she has failed to develop core competencies pertaining to its specific marketplace. Despite the distributorââ¬â¢s success in building a base of white clients , most Indulgence recruits were African American, making it even harder to penetrate the market, struggling to meet her aggressive growth goals. Parent Company Concerns Dawsons Products succession strategy was disrupted by Jimella decision to set up Indulgence. They wanted Dawsons Products to remain a family business without the interference of outsider even if it is appointed from within the company, wanting to avoid being a victim of corporate buyouts by white-controlled multinational companies. Growth Strategies Jimella has to understand that not all business have the potential to be aggressive growth firms unless ones that can solve a significant problem or have a major impact on their customersââ¬â¢ productivity or lives. By setting an aggressive growth goals of attracting 100 beauty advisors and $100,000 in monthly sales and profitability was unrealistic outlook of how fast the business is expected to grow (Barringer Ireland, 2010: 451). Jimella should tapped on Daws ons Products branding and launch Indulgence as a product that adds value for existing customers, focusing on existing target market such as the African American (Barringer Ireland, 2010: 483). Conduct feasibility analysis and market research in focus groups and surveys, making incremental adjustments as and when appropriate (Barringer Ireland, 2010: 483). She could increase the market penetration of the product through increasing advertising expenditures, offering sales promotion, lowering the price or increasing the size of the workforce For example, Jimelle can engage white celebrity endorsers to demonstrate and promote her Indulgence products in the white-dominated, competitive market, which she find it extremely difficult to penetrate. Next, Jimella can expand the product line in making additional versions of the Indulgence products so that it will appeal to different clientele since she is pursing broadly diversified clients. For example, Indulgence may make another ver sion of a low-end product, which is a little better, and then make another version of it that represent the top of the line to appeal to the different color groups. This would allow Indulgence to take one product and extend it into several products without incurring significant additional development expense. Lastly, Jimella can purse an external growth strategy by forming a marketing alliance with Dawson Products to gain access to their distribution channels in order to increase sales of Indulgence products (Barringer Ireland, 2010: 496). In this way, Dawson Product can increase economies of scale and reduce per unit cost and benefits by adding products to its product line, increasing its attractiveness to those wanting to purchase a wide array of products from a single supplier (Barringer Ireland, 2010: 497). This is a win-win situation for both Indulgence and Dawsons Products because this allows the both of them to focus on their specific area of expertise and partner with e ach other to fill their expertise gaps. This approach is most appropriate for Indulgence who does not have he financial resources or time to develop all the competencies they need to bring the final products to the market quickly (Barringer Ireland, 2010: 497). Most importantly, Jimella can remain working in Dawson Products as part of the original succession strategy in growing the core family business and yet retaining control over decision-making at Indulgence. Introduction ââ¬â Quick Lube Franchise Corporation (QLFC) QLFC is a franchisee of Super Lube, the number one franchisor in the quick lube and oil-change business. As one of the co-founders of Super Lube before, Frank Herget is now concerned about his relationship with Super Lube because Huston Oil, an industry leader, has acquired a 80% interest in Super Lube and subsequently has replaced its top management. Herget believes there is a basic conflict between QLFCs objectives as a franchisee and Hustons objectives as both QLFCs franchisor and the exclusive supplier of QLFCs oils and lubrication products. After an unsatisfactory meeting with Hustons executives, Hergets company sues Huston, which denies the charges and files a countersuit. Super Lube Franchising Model Super Lube has adopted a business format franchise system that offers a franchisee the rights to engage in a business system by using the franchisorââ¬â¢s trade name, trademark, service marks, know-how and method of doing business. In return, the franchisee has to pay Super Lube in the form of a percentage of top-line sales (Barringer Ireland, 2010: 514). Between Super Lube and itsââ¬â¢ franchisees, in placed was a area franchise agreement that allowed service centre development and operating rights to a geographical area covering parts of California and Washington with the potential for over 90 service centers (Barringer Ireland, 2010: 515). QLFC Success and Growth With his vision to turn QLFC into a big chain of Su per Lube service centers and identifying a high growth opportunities beyond the location issues, Herget demonstrate effective leadership and management skills in the success of QLFC by recruiting former Super Lube employees in senior management positions allowing them to purchase stock in QLFC with cash realized by selling their stocks in Super Lube. By doing this, he has not only brought much needed business expertise to QLFC but also use the funds from them to inance QLFCââ¬â¢s growth with both equity and debt. In order to finance further high growth opportunities, Herget utilized real estate partnerships and struck a deal with Huston Oil for $6. 5 million of subordinated debt, which QLFC in return has to commit contractually to purchasing Huston products. Critical Issues Franchisees grew increasingly discontented with Super Lube mounting financial problems when the franchisor failed to perform its contractually obligated tasks. With the subsequent Huston deal, the new appoi nted CEO of Super Lube took a hard-line position on how the franchise system would operate where the focus of the franchisor would be on motor oil sales instead of service center-level profitability. This is a huge red flag for the franchisee as to the core business direction of the franchisor, which is different from its original business strategy. With business focus in confusion and the lack of clarity from Huston Oil rejecting historical relationship between Quick Lube Franchise Corporation and Super Lube, the franchisees invariably feel stress by the situation and lead to negative conflicts. Was QLFC Suit Justified? Yes, because the franchise relationship between Super Lube and QLFC has changed with Huston acquiring 80 percent of Super Lube shares. Huston has now become QLFCââ¬â¢s man franchiser and exclusive oil supplier. With Huston primary interest in selling oil, QLFC got limited growth for future expansion as a franchisee that is interested in their profitability, cr eating a significant potential conflict now if not in future. These conflicts have translated into legal issue such as breach of contract. However, there is a risk that Huston may stop the financing for QLFCââ¬â¢s real estate partnerships affecting their growth as a company and whether Herget can sustain his resources against a multibillion-dollar company. QLFC/Huston ââ¬Å"Summitâ⬠Episode 2 Assuming that Herget decides to meet with Huston, he should try to negotiate on the rights to buy oil from other suppliers so that they are not totally dependent on Huston for business survival and yet meeting their interest of maintaining service center-level profitability. To enhance and protect future profitability, Herget should try to get an exclusive guarantee from Huston that oil price will never be more than the price that QLFC can get from other suppliers. QLFC is a growing business, but its growth has slowed in the last 3 years with its net income peaked at $764,794 in 1990, and fell to $532,640 in 1991, which was substantially below its budgeted net income. This indicates that the strife with Huston is taking its toll on both revenue and income. If the above fails to work out, Herget should consider selling QLFC to Huston to avoid becoming a failed business venture, which would be the ultimate ending since business visions differed and both parties failing to find common ground to compromise. However, prior to this meeting, Huston has to do some risk assessment in the event that the case really goes to court and the jury finds in favor of QLFC? This will enable QLFC to walk away from its franchise agreement with Super Lube with Huston standing to lose the 7 percent royalty, which is about $2. million. Huston Oil has an advantage in this case based on U. S. legal rules and regulations under franchise law because according to Barringer Ireland (2010: 533), franchisor has no fiduciary obligation to its franchisees, meaning that jury would always act in their best interest of the franchisees. Barringer Ireland (2010: 533) further state in the book through Robert Purvin, an experienced franchise attorney, While the conventional wisdom talks about the proactive relationship of the franchisor to its franchisees, virtually every court case decided in the U. S. has ruled that a franchisor has no fiduciary obligation to its franchisees. Instead, U. S. courts have agreed with franchisors that franchise agreements are ââ¬Ëarms lengthââ¬â¢ business transactions. Bibliography Barringer, Bruce R. , Ireland, R. Duane (2010): Entrepreneurship, New Jersey: Prentice Hall Bellet, William, Dunn, Barbara, Heck, Ramona K. Z. Parady, Peter, Powell, John, Upton, Nancy Bowman (2010) Family Business as a Field of Study [WWW] Available from: https://www. fambiz. com/Orgs/Cornell/articles/real/ifbpa. cfm [Accessed 29/08/10] Erwin, Fielt (2008) A service-oriented business model (Article). Weblog [Online] 5th March. Available from: https:/ /fieltnotes. blogspot. com/2008/03/service-oriented-business-model. html [Accessed 27/08/10] Russell, Davison (2003) Small enterprises [WWW] Available from: https://www. allfreelancework. com/images/portfolioFile/35744. pdf [Accessed 28/08/10]
Monday, May 25, 2020
Abstinence Only Education and Sex Education in the U.S.
When the Centers for Disease Control and Prevention announced in April 2012 that teen birth rates in the U.S. hit a new low in 2010 and revealed which states had the highest and lowest rates, it prompted a question: Were these outcomes affected by individual states requirements for sex education (sex ed) and/or abstinence-only education? That was soon answered by the Guttmacher Institutes State Policies in Brief paper on Sex and HIV Education in May 2012. The institute has kept the numbers constantly updated since as the trend of lowered teen birth rates has continued to drop nationwide. Required Sex and/or HIV Education Sex ed is mandated in 24 states and the District of Columbia. Of that total, the following 22 states and the District of Columbia mandate both sex ed and HIV education: CaliforniaDelawareGeorgiaHawaiiIowaKentuckyMaineMarylandMinnesotaMontanaNevadaNew JerseyNew MexicoNorth CarolinaOhioOregonRhode IslandSouth CarolinaTennesseeUtahVermontWest Virginia Two states mandate sex ed only: MississippiNorth Dakota HIV education is mandated in 34 states and the District of Columbia. Of that total, 12 mandate only HIV education: AlabamaConnecticutIllinoisIndianaMichiganMissouriNew HampshireNew YorkOklahomaPennsylvaniaWashingtonWisconsin Must Include Contraception When sex ed is taught, some states have specific content requirements. In addition to the District of Columbia, 18 states require that information on contraception be provided when sex education is taught: AlabamaCaliforniaColoradoDelawareHawaiiIllinoisMaineMarylandNew JerseyNew MexicoNorth CarolinaOregonRhode IslandSouth CarolinaVermontVirginiaWashingtonWest Virginia One state allows local schools to include contraception with the permission of the State Department of Education: Mississippi Must Include Abstinence When sex ed is taught, 37 states require that information on abstinence is provided. Of those, 26 states require that abstinence be stressed: AlabamaArizonaArkansasDelawareFloridaGeorgiaIllinoisIndianaKentuckyLouisianaMaineMichiganMississippiMissouriNew JerseyNorth CarolinaOhioOklahomaOregonRhode IslandSouth CarolinaTennesseeTexasUtahWashingtonWisconsin These 11 states require only that abstinence is covered during sex education: CaliforniaColoradoHawaiiMarylandMinnesotaMontanaNew MexicoNorth DakotaVermontVirginiaWest Virginia No Mandate There are nine states with no sex education or HIV education mandate: ArizonaArkansasColoradoFloridaIdahoLouisianaMassachusettsTexasVirginia Five of the states listed above also rank among the top 12 states with the highest teenage birth rates, and four rank in the top 6 (ranking indicated in parentheses): Mississippi (1)Arkansas (3)Texas (4)Louisiana (6)Arizona (12) An earlier report issued by the Guttmacher Institute in September 2006 compiled teen pregnancy statistics state by state. Among the top 10 states with the highest rates of teen pregnancy among females age 15-19, five are states without mandated sex education or HIV education (ranking indicated in parentheses): Arizona (2)Mississippi (3)Texas (5)Florida (6)Arkansas (10) That same report ranked the top 10 states with the highest rates of live births among teenage girls age 15-19. Again, five are states that do not require sex ed to be taught in schools. If and when it is taught, these states do not require information on contraception be provided, but they do require that abstinence be stressed (ranking indicated in parentheses): Mississippi (1)Texas (2)Arizona (3)Arkansas (4)Louisiana (7) Only one state that does not mandate sex education or HIV education appears in the listing of states with the lowest teenage birth rates: Massachusetts ranked at number 2. Sources Guttmacher Institute, State Policies in Brief: Sex and HIV Education. Office of Adolescent Health, Trends in Teen Pregnancy and Childbearing
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