Diffrence between ABC costing and the Time Driven ABC costing (HBR) Article

Diffrence between ABC costing and the Time Driven ABC costing (HBR) - Article Example Time Driven ABC was proposed by Robert S. Kaplan and Steven R. Anderson, in 2004. In spite of the fact that ABC had been an innovator in managing organizations associations, still it couldn't stay up with the consistently extending creation lines of organizations. Time driven ABC is really a rearrangements of the ABC strategy (Kaplan and Bruns). Time Driven ABC requires just the estimation of the down to earth limit of assets and the time required for value-based exercises. Where ABC doesn't represent the unused limit in the association, Time Driven ABC represents the unused limits, in this manner opening roads for the designation of these abilities to new items or chopping them down. It is simpler to keep up and accumulate the information through this model, as the work power required is far less and furthermore the social affair of the information doesn't require the representatives to be reviewed. The administrator can distribute the ideal opportunity for an action based n his expert perception as opposed to emotional records of the representatives. It is simpler to compute and approve when contrasted with the customary ABC. The information can likewise be effortlessly refreshed. The Time driven ABC strategy takes into consideration the joining of a wide assortment of components in the time condition. It can adapt to something other than a neighborhood division with set number of exercises. It additionally lessens odds of spending slack, made by retaining of private data held by

Herman Melvilles Billy Budd - Captain Vere was Correct :: Herman Melville Billy Budd Essays

Chief Vere was Correct in Billy Budd        Captain Vere settles on the right choice by executing Billy Budd.  If CaptainVere lets Billy live the remainder of the group may get the feeling that they won't be considered responsible for their crimes.  If the team feels that they can pull off what ever they need then quite possibly they may structure an insubordination and have a mutiny.  An insurrection would obliterate the solidness and great name of the boat and the crew.  Captain Vere wouldn't like to see this happen.  There are three primary reasons Captain Vere settles on the correct choice by executing Billy Budd.  These reasons are that in the event that Billy lives, at that point an insurrection may happen, on the grounds that the law expresses that a wrongdoing as extreme as Billy's is deserving of demise, and Captain Vere feels frustrated about Billy and doesn't need Billy to endure with blame until a military court could give a choice.         If Billy isn't executed then defilement may happen on the boat and cause a mutiny.  Captain Vere realizes that a rebellion may happen and doesn't need it to occur. Skipper Vere might be utilizing Billy's execution for his wrongdoing of  slaughtering Claggart for instance for the remainder of the crew.  It shows the team what will befall them in the event that they attempt to begin a mutiny.  After Billy's passing CaptainVere clearly feels lament for executing Billy.  Captain Vere's final words are Billy Budd, Billy Budd (p. 76) show a case of this.  Those final words may represent that Captain Vere executed Billy for an inappropriate reasons. On the off chance that CaptainVere utilizes Billy's demise for a guide to the remainder of the group then it might not really be an inappropriate reason.  CaptainVere needs to settle on one life and the lives of the whole crew.  No issue what Captain Vere's reasons are he makes the correct choice.         Another explanation CaptainVere may of executed Billy Budd is on the grounds that CaptainVere keeps the law to the letter.  The law expresses that insurrection is culpable to by death.  Some perusers probably won't consider this to be murder as insurrection, however executing a prevalent official in the British naval force is viewed as uprising.

How to Choose Successful Classification Essay Topics

How to Choose Successful Classification Essay Topics When you are going to make a classification essay, you should remember that you can divide almost everything in your paper. Its very important to select a good one from classification topics, find different and similar things between objects, and define a classification method for them. You shouldnt create a lot of groups, its optimal to create 3 â€" 5 because all these groups should be equal and relevant to the subject you have chosen. For example, if you are writing about book genres, you can define next groups: romance, mystery, science, history, drama, fantasy, etc. Be very attentive and careful about what categories you include, and dont forget to check out if these categories are relevant to the essay topic. When you are trying to select bright topics for classification essay, its better to select a subject that attracts you a lot. You will be able to create the most successful essay if you write about things that are interesting to you. Its possible to think up a lot of various topics once you just chosen a broad subject. For example, you decided to make a work about students. So, its possible to make an essay about students study habits, or about their friends. You also can write a paper about different types of students that get various grades, or about ways for possible work for students. As you can see, you can easily make a lot of interesting topics without difficulties. How to make a successful classification essay? In this paper the writer should categorize things or objects into divided groups in accordance to the certain system. These essays are not very hard to create because they dont require any critical analysis but just stating facts. Such essays could be written about people, animals, rivers, plants, as well as religion, relationship, and many other classification topics. Needless to say that your future work must be well-structured. We have gathered some tips how to create the classification essay properly: You have to use the same categorization method for each and every object you are writing about. All groups you include into your paper must be completely separated. Remember that you cant make a group inside of another group or categorize an object into several groups at once. Define a logical order in which youre going to list your objects. Your thesis statement should be written at the beginning of your work to inform your readers about the subject you will be discussing. Keep in your memory that the audience should quickly catch your papers main idea, so dont let them get lost in the essay. After you have chosen a topic for your future work, you should make an outline. Many people skip this step thinking this is waste of time, but making a good outline is a very helpful work. It helps you to organize your thoughts and make your future paper well-structured and clear. Plus, you wont lose anything because all categories and numbers of object in each group will be reflected in the outline. Here are three main steps how to create a good outline for your essay: Define how many groups you will include. As we already said, this essay requires categorizing things into different groups, so try to define them into 3 â€" 5 categories, not more. Remember that you shouldnt make these groups very detailed. Make sure all groups are equal. Choose your points for each and every group. All objects should be categorized according to certain points included into your discussion. For example, if you want to write about students study habits, make your discussion around next points: ability to study, habits, willing to learn, temperament. When you have chosen all points, make sure you commented on all of them in each group you created. Make research to find the good examples of classification essays. You can read successful examples and use them to create a bright work. Keep in your memory that all statements you make in your work should be proved with evidences. So, after you made a detailed outline, your next task is to fill the points you wrote with interesting and useful information and make logical connections between points. Your finished paper must look like a solid work, but not a number of disjointed lists. All you need to do is follow our tips, and writing this type of paper will be much easier to you than it seemed before! 30 bright topics for classification essay If you are still unsure what subject to choose for writing your future work, we provide you with a list of 30 bright topics that will definitely be useful: Study habits of different students The best places for a great vacation What types of friends all people have How to learn new things effectively How people respond to sarcasm Types of various diets How it is possible to decorate your house for Christmas Ways how to quit drinking Political parties of your town Places where people want to immigrate most of all Parenting styles to raise children How to define what type of man you are dating Classification of the most popular professions Pets in different countries How its possible to lode weight quickly Types of motivation for different people How people select things online Various types of roommates Popular TV shows for teenagers The best compliments a man can say to woman The most odd stereotypes Popular shopping behaviors How it is possible to spend a lunch break at work Ways how to organize a cool New Year party Ways to spend weekend with kids Popular programs to study foreign languages The most popular dancing styles How it is possible to apologize Reasons why people get married Classification of religions Choose from our ideas of classification essay topics, use our instructions about writing your work, and create a bright paper to impress your readers!

The Components Of The Communication Process - 1612 Words

Abstract Communication is extremely important to the success of an organization. The communication process identifies ways to exchange information, plans, ideas and reports. In a business place communication is how employees receive tasks and job expectations through management. This research study outlines the components of the communication process. The findings in this context will also explain the different types of communication. Verbal, written, nonverbal and visual communication is examined to get a detailed understanding of the communication process. Businesses use communication to introduce polices, events, regulations, orientation, job descriptions and many other important assets to running an organization smoothly. A misuse of the communication process can potentially cause a lack of productivity, confusion within the employees and also a bad reputation for the manager and the business. This research paper is an examination of how communication process is used in business. In socie ty today, communication is substantial for the preparation of success in any organization. Keywords: business, sender, receiver, message, organization, management, communication. Communication Process Communication generally starts from incubation and once incorporated it is used to dispense a message to a source. Effective communication skills are beneficial to the daily operations of a business. Communication can be utilized as a tool to influence how someoneShow MoreRelatedThe Process of Verbal and Nonverbal Communication1413 Words   |  6 PagesCommunication Paper Introduction Communication is important to virtually all spheres of human influence. Through communication, man is empowered to understand his immediate environment. If there was no communication, it would be impossible for man to gain knowledge that would inform his comprehension of his immediate environment. Communication comprises two major types; the verbal and non-verbal forms (Cole and Smith, 2008). For the purpose of our discussion, this paper will seek to present aRead MoreCommunication Is A Basic Life Skill1269 Words   |  6 Pages According to Severi, C. (2013), â€Å"Communication involves an understanding of the intentions of someone, and it leads to the acquisition of new knowledge (not only to the repetition of the task)†. Communication is important to an organization because it enables the employees to build a mutual understanding which enables them to work as a team and increase productivity. The author Dai, Y. pointed out that McKay claims, Communication is a basic life skill, as important as the skills by whichRead MoreCja 304 Week 1778 Words   |  4 PagesBarriers to Effective Communication Samantha Riley Axia College of University of Phoenix Barriers to Effective Communication Communication enables human beings to interact in a meaningful way. It is hence a vital component of coming up with the meanings of situations so as to derive the intended conclusions. According to Schwartz (2001), communication can be said to be the process that involves the sending and receipt of messages of information among individualsRead MoreThe Effects Of Modern Mass Culture On Modern Society1304 Words   |  6 PagesAdvertising is one of the most common types of social communication and an integral element of modern mass culture. It was the product of the development of market-oriented economic culture production methods, gradually, as the development of information technology in the process of historical evolution, becoming one of the most important social institutions of modern society. The study of nonverbal communication was engaged by scholars such as A. Pease, E. Hall, R. Berdvistell, G. Wilson, M. L.Read MoreEvaluation Of A Application For Job Duties946 Words   |  4 PagesOne component on this evaluation that seems to be necessary is the knowledge and knowhow portion of the evaluation. According to Billie (2008), testing knowledge, skill and ability is meaningful to the process of assessing progress for job duties (p. 14). Having this understanding it is possible to see how knowledge and knowhow is an important component of this evaluation form. It is important to evaluate whether the skill, knowledge and ability the employee possess is being used properly to helpRead MoreOrganizational Structure Of An Effective Organization857 Words   |  4 Pagesinclude the organization structure of an effective organization, the best the communication strategies to send the different messages across the company, the effective process for decision-making and problem-solving. Additionally, we will explore the process for effective management as well as a valid approach of leadership that contribute to achieve excellence in our current complex organization environments. Components of an Effective Organizational Structure The organizational structure in a companyRead MoreNonverbal Communication : The Method Of Encoding And Decoding1108 Words   |  5 PagesNonverbal communication consists of the method of encoding and decoding. Encoding is the act of producing the communication using gestures, facial expressions, and posture. Decoding is the process of receiving the information and how the individual processes that information based on their previous experiences. Culture plays a significant role that helps the way learning activities are organized. Nonverbal communication consists of visual cues such as kinesics, proxemics, paralanguage, and hapticsRead MoreCarl Robbins Case Study Analysis1318 Words   |  6 Pageshighlighted many areas within the ABC Inc. that need immediate attention. Drawbacks of communication within the organization are evident; however, there are other components that need to be considered. This case study analysis will provide the key components that contributed to the failure of Carl’s 1st recruitment effort. This case study will also review and provide recommendations of the key components: Communication, Organizational Culture, and Transparency. Background * In this case, Carl RobinsRead MoreBarriers to Effective Communication Essay1046 Words   |  5 PagesBarriers to Effective Communication University of Phoenix CJA/304 Barriers to Effective Communication Effective communication is a complex phenomenon that involves the verbal and nonverbal components in their cooperation. The main target of communicational process is transmission of information when the sending party wants the recipient to decode the message in the same way as it is coded. Nevertheless, the communicational process consists of the various components that may become the barriersRead MoreSwot Analysis : Clinic System Solution1117 Words   |  5 Pagessolved in a process of ensuring that the service it delivers is well scheduled. The critical problem has been a challenge of the clinic failure to handle their clients because of the use of an old and also outdated means in its service provision and again a fact that it has few professionals. Hence, there is instant demand to develop the system which should be brought in the UMUC clinic to solve the existing situation that looks to be initiating huge difficulties in the delivery process. With this

Organizational Leadership And Emotional Intelligence

Introduction In the field of organizational leadership it is important that the leaders are not only proficient in the area of leadership and building a stellar organization, they must take into consideration the human capital that will be responsible for executing their vision. A part of understanding the organization’s valuable human resource is knowing how to deal with the emotional intelligence of these resources. In his introduction, Goleman (2006), stated that although emotional competencies can be learned, the ability to manage relationships is not a guarantee that it can be mastered. He goes on to say that additional learning is required. Change is the province of leaders (Kouzes and Posner, 2012), and in order to win at both organizational leadership and emotional intelligence, leaders must take risks. Leaders must possess the tenacity to objectively make decisions based on the needs of the organization, all while ensuring that the emotional intelligence needs of the employees are met and not exploited. The following five empirical articles are critical to the understanding of the area of proposed dissertation research. Cavazotte, Moreno and Hickmann (2012), give a comprehensive overview of emotional intelligence based on the element of emotional intelligence influence on leadership. The research problem is based on the inquisition regarding whether emotional intelligence contributes to transformational leadership. The research purpose was toShow MoreRelatedEmotional Intelligence And Organizational Leadership1445 Words   |  6 PagesEmotional Intelligence and Organizational Leadership Various authors have been debating the issue of emotional intelligence and organizational leadership. However, the existing discourse on the matter has been hampered in terms of limited theoretical applications. Moreover, many analysts have failed to propose effective relationships among constructs, thus failing to offer any meaningful relationship between emotional intelligence and organizational leadership. Nevertheless, many authors offerRead MoreUnderstanding Of Emotional Intelligence, Organizational Leadership, And Workplace795 Words   |  4 Pagesusual. Downey (2011) indicated that emotional intelligence, organizational leadership, and workplace culture are directly linked to how employees relate to the leaders of an organization. The understanding of emotional intelligence, its components and a comparable leadership style such as transformational leadership is vital to the success of an organization. The general organizational problem is that employees are burned-out, their lack of trust in senior leadership is affecting the morale of the remainingRead MoreCompetitive Advantage And Stress Of Organizational Health1459 Words   |  6 Pages Competitive Advantage and Stress Organizational health means profit; therefore, to gain profits organizations must secure and grow their competitive advantage. Competitive advantage is the means of strategically differentiating products and/or services an organization from its competitors, such as branding, customer base, product quality, reputation, leadership, organizational culture, innovation, intellectual property, patents, leadership, and customer or governmental relationships, to reduceRead MoreEmotional Intelligence Training For Increased Success1351 Words   |  6 PagesEmotional Intelligence Training for Increased Success The global business environment is complex and dynamic. Everyone working in business across the globe is experiencing stress (Singh Sharma, 2012). Due to the quick pace at which decisions may need to be made, understanding the impact of mood and emotions on decision making is important for leaders (Brabec, 2012). Decisions are made at all levels within the organization, therefore emotional intelligence skills are required for everyone withinRead MoreOrganizational and Professional Development1519 Words   |  6 PagesOrganizational and Professional Development Introduction Social intelligence has been defined as the ability to understand and manage other people, and to engage in adaptive social interactions like making them to get along with you. Social intelligence entails a persons awareness to a situation and the social dynamics that accompany the situation and the knowledge of the strategies and interaction style, that, he/she can use to achieve the desired objective while dealing with others (Bob, 2008)Read MoreTransformational Leadership Style For Producing Positive Changes And Strengthening Organizations982 Words   |  4 PagesTransformational leadership is an effective leadership style for producing positive changes and strengthening organizations. These leaders are passionate, energetic, and focused on helping every member of the group succeed. The four dimensions of transformational leadership garner trust, respect, and admiration from followers in the organization. Organizational commitment results from employees being satisfied and d evoted to the vision of the company. Another important trait of a transformationalRead MoreAssignment Questions On Organizational Behavior1167 Words   |  5 PagesWeek 1 Discussion Post (Michael Baker) This week has been eye opening; I had no idea how involved the topic of â€Å"Organizational Behavior† affected so many aspects of the everyday life within an organization. There are no doubts after reading these first two topics that I’m already going to be able to improve how I handle my subordinates and interact with people at the college where I work. With all the different topics discussed in the text (Uhl-Bien, Piccolo Schermerhorn, 2016) it all comes downRead MoreMy Learning Plan For The Future979 Words   |  4 PagesLeadership Forward Continuous learning and professional development are necessary parts of staying abreast of current leadership topics and practical applications. This is especially the case in the context of the dynamic world of today’s organizations and global economy. My learning plan for the future includes taking advantage of free online courses in leadership and human resources and reading related periodical and journal articles online. In particular, I desire to learn more about the followingRead MoreLeadership Styles And Emotional Intelligence1160 Words   |  5 PagesSadri, 2012). Part of developing effective social skills or intelligence is increasing organizational awareness (Boyatzis, 2011). Organizational awareness is the ability to recognize and comprehend the overt and covert emotional currents as well as power relationship within groups. Leaders with organizational awareness understand the culture and corresponding dynamics (Boyatzis, 2011). Leadership Styles and Emotional Intelligence Leadership can be broken down into two major categories, transactionalRead MoreThe Role Of Transactional Versus Transformational Leadership1320 Words   |  6 Pages As the study of leadership has expanded over the past decades, a general shift in the paradigm of leadership style has begun to occur. The male dominated workforce has started to give way to a far more diversified workplace, with increasing numbers of women and minorities in leadership positions. This shift, resultantly, is causing a move away from the traditional leadership styles, with more focus given to contemporary leadership theories. For example, in a recent TED Talk Roselinde Torres discussed

Was Bill Cosby right or wrong Free Essays

Bill Cosby’s address at the NAACP on the 50th anniversary of the Brown v. Board of education was definitely a shock to the black community, as well as the nation. Bill Cosby was a comedian, and a figure that was looked up to in the black community, however this speech ruined his career and reputation. We will write a custom essay sample on Was Bill Cosby right or wrong? or any similar topic only for you Order Now Bill Cosby’s speech split up the black community into two. One side strong believed in what Bill Cosby said and agrees with him, while the other side disagrees with him and despises him. This speech impacted the black community very much, and even ruined his reputation, however I believe that he said was true. Although, he expressed it in a cruel way that left you cringing in your seat, it is very much true and action should be taken. His speech was the last speech of the night that shocked the audience and left them speechless. In this speech, Bill Cosby talks about the generations’ problems and what the parents need to do to fix this. This generation has teenagers dropping out of school, ending up in jail and not having a future. This is not the child’s fault but the parents neglecting their child and not setting those standards. There is a huge difference in respect and behavior now and what it was back then. Back then you would not do inappropriate things because it would embarrass your mother, and your family. Nowadays, parents would just say, â€Å"You are getting your butt kicked,† or â€Å"You are going to get smacked. † This is not discipline, but a threat that does not work, nor teaches your child anything. Children need to be taught respect and values, instead of being spoiled constantly and dependent. Bill Cosby implies that the Brown v. Board of Education was not won to see teenagers dropping out of school, but to have successful and independent individuals. I strongly believe in what Bill Cosby said is true. There is such a high dropout rate and where do they would they end up? Working part time jobs, or in jail. As a mother watches her son go to jail, she is crying, but the question is, where were you in his life? Where did he get this influence from? Where was his father? A child needs guidance, they cannot be alone in the world without guidance because what would they do? They would not know how to do anything without learning. A parent should always be in their child’s life, and as they get older to see them become independent and not have to worry over them. Dorothy Heights went through so much even just to walk to the school. She needed national guards protecting her from whites that would spit and throw things at her. Then teenagers now are complaining about classes and whining constantly. Bill Cosby is not trying to degrade you or make you seem like you are the worst parent in the world. He is just telling parents that neglect their child to step it up, and teach their children to do well in school, or to be successful in the future. When you do not teach your child, or encourage them, or set standards for them they will fall and not have that support to get back on their feet to keep trying. Why? Because they are not getting that support they need. Bill Cosby did not say this speech for no reason; he is making a point that the black community did not go through the civil rights era to see a fifty percent dropout rate, or failures. They went through the civil rights era to see the future leaders, to see strong independent individuals, and to see them become successful in life. You would say that his speech was definitely harsh on the black community and inappropriate to say at an anniversary of this court case, however I can understand why he would say his speech this way. Sometimes when you want people to take action and tell them the truth you are going to have to say it harshly because it is the only way it is going to stick in their minds. It is hard to send a message and take that message and take action upon it. He uses a lot of heinous phrases that makes you cringe, but it makes you think. It makes you think am I doing my job as a parent? Am I there for my child when they need it? He uses these anecdotes and questions to have you reflect and think about your family and the black community as a whole. He wants you to see the truth and what is happening in this generation. I understand that his speech should have been happy because it is the last speech at the night, but he is trying to say the truth that not everything is well in the black community. He wants to show you that the civil rights era did not happen for nothing, but it was for black rights. Teenagers in the black community nowadays are taking that for granted and do not think about that, but shrug it off as if it was not important. It may be harsh, but I know he said this to send a message to parents to be there for their children and not to spoil them with clothes and such, but to spoil them in education to be successful. Bill Cosby’s speech talks about the faults of black society and the reasons for it and what should be fixed. There is such a high dropout rate and no one is doing anything to stop those dropouts from happening. Where are the parents that prevent that? Bill Cosby is proving this point that parents need to step it up and stop spoiling their children. They need to get an education for their children because it is hard to succeed in life without having an education. I strongly agree with Bill Cosby because it is not just in black society, but also in the nation. I see a lot of students nowadays disrespectful towards adults and their parents. I see students that ditch school and act like that is nothing. It is hurting themselves as well as their family. Having an education is leading you up to be successful, it is your own life and you choose your path. You do not choose a path for your parents, but for yourself because you want to be able to buy things and have a family. This needs to be taught by parents though and standards need to be set and support needs to be there for the child. The black community is split in two between agreeing with Bill Cosby and disagreeing with him. I am on the side that agrees, and I support Bill Cosby all the way. How to cite Was Bill Cosby right or wrong?, Papers

The Last Duel by Eric Jager free essay sample

This story is placed in France in 1386. This story speaks of how cruel this time was. It also states how serious crime accusations were taken. This duel is about an offence committed eleven earlier months. The duel is to be between two men who were once friends. The men are to duel each other because Lady Marguerite is not allowed to directly accuse LeGris herself of this crime, because she is women. In the time period the story is based in, women have very few rights. Lady Marguerite looked to her husband for help. She asked him to accuse LeGris of raping her while he was away on business in Paris. Her husband becomes her champion to fight on her behalf. Lady, being a woman, is considered his property this makes the crime against him. Marguerite endured pregnancy leading up to the duel. Jager makes sure to show us how hard it was for Lady Marguerite to speak up about the attack. We will write a custom essay sample on The Last Duel by Eric Jager or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I think Eric Jager is a phenomenal writer. His writing is powerful and descriptive. His battle scenes describe how detrimental the duel is for the two noblemen. This is also important for Lady Marguerite de Carrouges, who would be burned to death if her husband is to lose. This story is presented in two main parts, both enclosing chapters. This is written in an organized fashion. First, the prologue speaks of the conflict, the duel the two men are having. Then, Jager takes us back to tell us what has happened in the past leading up to the time of the duel. This story seems to present new information; it does not show that he is just re-writing what others have already written. The book fulfills its purpose to explain how the justice system worked and how cruel people used to be. He has succeeded at thus; he displays information well and has created a great historical plot to show what the book is meant to do. This book is a good historical book and I do recommend it to those who enjoy history. Eric Jager is a good author, he specializes in medieval literature. I recommend reading his other books if you enjoyed this one. He has also written â€Å"The Book of the Heart†, and â€Å"The Tempters Voice†. This are his older stories compared to â€Å"The Last Duel† witch is one of his newest. I was not a huge fan of this book. It is very well written, but I do not usually like historical books. I do give Jager credit because it is the best historical book I have ever read. It is well put together and full of information on the topic. I did not find the subject interesting so I did cloud my view of the story some-what. This story is good for its intentions, to write about true events in medieval history.

Costco case Analysis Essay Essay Example

Costco case Analysis Essay Paper 1. What is Costco’s concern theoretical account? Is the company’s concern theoretical account appealing? Why or why non? Costco’s concern theoretical account is focused on bring forthing high gross revenues volumes and rapid stock list turnover by offering members low monetary values on a limited choice of national name trade names and choice private-label merchandises in a broad scope assortment. Costco is focused in low-priced scheme is concentrated on a narrow bargain section and out viing challengers by holding lower costs. hence being able serve a niche consumers at a lower monetary value. ( Gamble. John and Thompson. Arthur ( 2009 ) . Costco’s concern theoretical account is appealing because they are able to continually sell to a niche market. This niche market has one-year income which ranges from $ 75. 000 to $ 100. 000 or more a twelvemonth. By offering the best merchandises possible at lower monetary value. they are able to hold these members return. Soon there are 47. 679. 000 card holders which include Executive members. Business member. Primary cardholders and Add-on cardhold ers. Whereas Costco has offered the most popular merchandises in order to hold a rapid turn-over. Costco has proven that there concern scheme has worked by continually bring forthing higher net sale. We will write a custom essay sample on Costco case Analysis Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Costco case Analysis Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Costco case Analysis Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer 2. What are the main elements of Costco’s scheme? How good is the scheme? Scheme is the organization’s pre selected that means to accomplish its ends or aims. while maintaining in position current and future external conditions. Costco’s strategy’s elements are low monetary values. limited merchandise lines and choice and hoarded wealth Hunt shopping environment. Costco’s is following cost leading scheme which is good because on this base they can vie with their rivals. By limited merchandise lines and limited choice they are offering limited 4000 points which are less as compared to its rivals. Costco’s is adopted market development scheme by capturing new markets for bing merchandises. Besides it provides such merchandise at low monetary values to its members which they believe will non be available in following visit. This works as an inducement and members try to take maximal advantage and hence Costco’s gross revenues volume additions. At Costco’s warehouse merchandises are non offered in every size. Th e scheme they followed is that by offering every size their efficiency will diminish therefore it is said intelligent loss of gross revenues. 3. Make you believe Jim Sinegal has been an effectual Chief executive officer? What grades would you give him in taking the procedure of crafting and put to deathing Costco’s scheme? What support can you offer for these classs? Refer to calculate 2. 1 in Chapter in developing your replies. Jim Sinegal is an effectual Chief executive officer after gone through the instance survey. There are assorted grounds which show that Mr. Jim Sinegal was responsible to take the way of scheme efficaciously. First. Jim Sinegal had made a transparent and good defined planned way for the Costco to follow. He was the lone individual in the company for the readying of concern theoretical account and appreciated over the growing of the scheme of the company. He had cognize how accomplishments and created an environment to offer hoarded wealth Hunt in the shops and maintain low monetary values and helps in advancing big volume of shop traffic that helped in edifice speedy turnover of stock list. He was responsible for driving the ability of the company to accomplish annual gross revenues about to $ 130 million per shop. Harmonizing to the instance survey Sinegal had performed first-class occupation in the executing of the scheme procedure at Costco. He performed three maps in the company as manufacturer. knowing critic and manager. He went to shops for probe for look intoing out the public presentation of shop directors and asked assorted inquiries from them. about the public presentation of shops and told them to make more work on their weak countries. In this instance. when Sinegal found replies to his inquiries less than expected than he told shop directors to make more research and come back with sufficient information. 4. What nucleus values or concern rule has Jim Sinegal stressed at Costco? The chief concern rule activity of Costco is to supply high value to users by offering planetary and local ticket merchandises at low monetary values. besides it integrates its employees in a really nicely manner. Jim Sinegal wanted to state that these two principal activities reflected in working environment of Costco which makes them profitable throughout the universe as compared to other conventional jobbers and merchants. 5. ( in the event you have covered Chapter 3 ) What is competition like in the North America sweeping nine industry? Which of the five competitory forces is strongest and why? Use the information in Figures 3. 4. 3. 5. 3. 6. 3. 7. and 3. 8 ( and the related treatments in Chapter 3 ) to make a complete five-forces analysis of competition in the North American wholesale nine industry. The sweeping nine industry has evolved into a common oligopoly merely as other major industries have. The â€Å"big three† of this industry are Costco. Sam’s Club. and BJ’s. A five forces analysis will be examined in respects to the sweeping nine industry. Force one. barriers to entry ; the three companies are at an advantage because of the trouble of new houses come ining the industry. They accomplish economic systems of graduated table and range due to the size and volume of their gross revenues by purchasing and selling more goods on a larger graduated table with lower costs. It would take a considerable sum of clip for a new entrant to accomplish the benefits of economic systems of graduated table. The capital demands are big due to the building of edif ices and acquisition of land and licences. Merely companies with an established distribution web would hold a just opportunity of come ining the industry. Force two. the menace of replacements. is non a factor because the service they offer is non offered by other outside rivals. Force three. the dickering power of purchasers. is the strongest force working in the favour of the industry. This is so because purchasers can non negociate the monetary value. The chief ground clients come to sweeping nines is they are attracted by the already low monetary values and value of purchasing in majority. Force four. the dickering power of providers could come into drama if a more favourable chance nowadayss itself in the general retail industry. Sweeping nine offer merely a per centum of the merchandises that a general retail merchant does. A cardinal scheme of Costco is aimed forthrightly at selling high-grade ware at monetary values systematically below what other jobbers or retail merchants charge. Force fifth. competition among bing participants. is non a major factor. Costco. the runaway leader soon. offers the â€Å"treasure hunt† trades where extreme deals are offered for short. unheralded periods of clip. This creates bombilation amongst clients by luring them to return on a consistent footing to research what â€Å"treasures† are available. BJ’s sets itself apart by being the lone nine among the three to accept manufacturer’s vouchers. They besides are the lone nine to accept all four major recognition cards. MasterCard. Visa. Discover. and American Express. at all locations. They besides offer a broader mixture of points as compared to Sam’s and Costco. 6. Base on the information in instance Exhibits 1 and 4. is Costco’s fiscal public presentation higher-up to that at Sam’s Club and BJ’s wholesale? 7. Does the information in instance Exhibit Exhibit 2 indicate that Costco’s enlargement outside the U. S. is financially successful? Why or why non? 8. How good is Costco executing from a strategic position? Does Costco bask a competitory advantage over Sam’s Club? Over BJ’S Whole sale? If so. what is the nature of its competitory advantage? Does Costco hold a winning scheme? Why or why non? Costco has been playing really successful in the wholesaling industry as it can be seen from its concern schemes. First of all. for the intent of back uping the Costco’s concern theoretical account of bring forthing high gross revenues volumes and rapid stock list turnover. Costco members are given a limited choice of nationally branded and choice private label merchandises in a broad scope of ware classs. Then Costco unite its rapid stock list turnover with the operating efficiencies to run the concern productively at important lower gross borders than traditional wholesales. mass merchants. supermarkets and supercenters. As a consequence. Costco takes advantages of its high gross revenues volume and rapid stock list turnover to obtain the benefits of early payment price reductions from ware sellers due to the high gross revenues volume and rapid stock list turnover allow Costco to bring forth adequate hard currency in history. Second. the pricing scheme of Costco is cardinal factors to back up the low monetary value concern scheme which is to crest the borders on branded name ware at 14 per centum so that its members can purchase with low monetary value. Third. Costco focal point to offer limited choice that is about 4000 points with fast merchandising theoretical accounts. sizes and colourss. and aim the little concerns for its commercial and professional theoretical accounts selling. Furthermore. advertisement and gross revenues runs are non being used often by Costco for the selling scheme and the company merely launches runs for new warehouse gaps. In add-on. Costco besides use direct mail to prospective new members on occasion and direct mail plans advancing selected ware to members on a regular basis. Opening more new warehouses. constructing an of all time larger and ferociously loyal rank base and using good executed trading techniques to promote members to shopping more often with large trip are the chief cardinal growing scheme of Costco. Furthermore. online shopping is another option that Costco offered to members so as to do their shopping more convenient instead than exchange to rivals. In add-on. Majority of ware is owned by Costco. and the company besides builds direct purchasing relationships with many manufacturers of national trade name name ware and makers and this consequence in the available of flexible options of providers for Costco in anytime to hold sufficient of stocked ware. Besides. Costco’s rank base and member demographics contains powerful purchasing ability as it chiefly aim the single clients with minimal income of $ 75000 and 30 per centum of the targeted clients earn more than $ 100000 yearly. For the intent of put to deathing Costco’s scheme successfully. the company offer semiannual fillips and full spectrum of benefits for its employees. More of import. the advancing chances will see the insiders foremost based on the company policy. Other factors that determine the success of Costco besides include the concern doctrine. values and codification of moralss such as obey the jurisprudence and governmental ordinances. take of members. take of employees. regard providers and concern spouses. and honor the stockholders. Costco is crushing both Sam’s Club and BJ’s sweeping in net gross revenues and market portion. However. Sam’s Club has launched an aggressive run to increase its market portion. 9. Are Costco’s monetary values excessively low? Why or why non? Yes. because the gross net income border falls into the normal scope for this industry. However. it should be swerving upward and as you can see it is really diminishing somewhat. If this tendency continues. stairss will necessitate to be taken to rectify the job. Another chance index. return on shareholder equity indicates that the company has a job. Average returns are about 12 % . which Costco was approaching in 2004 and 2005. In2006. the company experienced a crisp diminution which is doing for concern. Investigate this diminution. It could be due to low net incomes after revenue enhancements. If the pricing is excessively low. this can go on. Currently. Sinegal. true. attempts to sell merchandises at the lowest monetary value possible for length of service. However. if the investors in the house are non doing appropriate returns for the hazard. they will put elsewhere. The current ratio figure is in the mean scope but on the diminution. The debt to equity shows a strong balance sheet and low degrees of debt. It is swerving downward. The stock list turnover rate is somewhat higher than norm. bespeaking that Costco is surpassing rivals in traveling merchandise. Besides cause for concern is the fact that the on the job capital is shriveling. This might bespeak the inability to spread out without a loan. 10. What do you believe of Costco’s compensation patterns? Does it surprise you that Costco employees seemingly are instead well-compensated? Costco’s compensation and benefits are higher than those at walmart. Salaried employees in Costco warehouses could gain anyplace from $ 30000 to $ 125000 anually. Costco employees enjoyed a benefit bundle that included the undermentioned points. Health and dental attention programs. A dependent attention reimbursement program.Confidential professional guidance services.Company paid long term disablement coverage equal to 60 % . of gaining for workers that were out for more than 180 yearss on a non-worker’s compensationleave of absence. Generous life insurance and inadvertent decease and taking apart coverage. An employee stock purchase program. 11. What recommendations would you do to Costco top direction sing how best to prolong the company’s growing and better its fiscal public presentation? Costco is a company that have some unfavorable judgment. such as people has to wait for a long clip to pay their merchandises. However costco Department of Energy non hold large jobs that urgently need to be fixed. So it should stand in the same class utilizing the present scheme. I think Costco has the capacity to go on puting in new shops and turn gross revenues. It can besides spread out gross revenues by presenting new merchandises line. like furniture. The company has the fiscal resources to maintain turning its concern and open more warehouse locations

Petrys View Of Victimization In The Street Essays - Free Essays

Petry's View Of Victimization In 'The Street' Essays - Free Essays Petry's View Of Victimization In 'The Street' In The Street, by Ann Petry, Lutie and her son Bub, as well as most of the characters, are clearly portrayed as victims. One is ultimately led to believe that their victimization and the barriers they face are because of race. Race is clearly the main obstacle for Lutie and Bub. It is what holds them back from leaving the street. Born into prejudice, they are basically prescribed a future. The three characters which best represent the victimization of African-Americans and women are Bub, Lutie, and Min. The main obstacle facing Lutie is obviously the color of her skin. This prevented her from being able to advance the way she wanted to. The fact that Lutie is a woman contributes to her struggle even further. Women have to deal with male dominance and being victimized by men, in addition to being a minority. Both Lutie and Min try to break free these constraints, but ultimately fail because the task lies deeper than within themselves. This story is a perfect example of the struggles A frican-Americans, and in particular, women, have to endure, and a perfect illustration of the vicious cycle that keeps them unable to achieve the lives that they wanted and worked so hard for. There was a force that was keeping African-Americans on the street, and according to Ann Petry's views, it was the system in which they were living. Lutie is faced with being a single parent. She must provide child care as well as earn money to keep her and her son alive. Her life is a double edged sword, because she needs to be at home and working at the same time: an impossible task. Because of these two factors and the invisible barriers they pose, it is impossible for Lutie to achieve the life she desires for herself and Bub. In the beginning of the story, Lutie was forced to take action and support her family because Jim could not find a job. She left her family and home and sent all her earnings to support them. In that time, it was hard enough for a woman to get a job, let alone an African-American woman. Petry contests that the most available job to them, was being a maid. Lutie was able to get a job working for the Chandlers. The portrayal of the Chandlers was a clear illustration of the racial divides at the time. Lutie was awestruck when she saw the lifestyle that they led. The luxuries they had would never be accessible to someone like Lutie. Although she admires their lifestyle, she loathes the impact money has on them. When Jonathan Chandler killed himself, it was then she realized that money was the only thing that this family had. She was interested in the way which money transformed a suicide she had seen committed from start to finish in front of her very eyes into an accident with a gun(Pet ry 54). It was then that she began to despise the family. The fact that African-Americans were dependent on whites for employment made it hard for them to ever be on the same level. They were dependent on the white race essentially, to live. The increasing dependence made it more difficult to ever overcome the dominance. The knowledge of this is what angers Lutie. Mom, why do white people want colored people shining shoes?(Petry 71). Deep down, she knew that no matter how hard she worked, she would never live the way they did. But she did not want the racist mind to bring her down. She began to blame the white race for the hardships she was enduring. I dont know, Bub, she said finally. But its for the same reason we cant live anywhere else but in places like this...(Petry 72). She wanted to escape the street, and made a great effort. ...Theyd never catch her in their dirt trap...Shed fight her way out(Petry74). But later we learn that this resolve is to no avail. Lutie wanted Bub to have a better life and rise above the street. She worked very hard to provide this for him. She could do it, too- bring him up so that

Computer Market Essay Example | Topics and Well Written Essays - 2000 words

Computer Market - Essay Example Likewise, there are many other determinants of demand for a computer market such as knowledge and price barriers, social influences, lifestyle changes, and competitor and component prices, and so on. The world's second largest personal computer maker, Dell, launched its latest Inspiron 1525 laptop computer that features 15.4-inch HD definition wide aspect display with 720p resolution, a Blue-ray player disc drive and an HDMI port along with the basic features. Dell has been quoted as an example to guide through the learning of the economics of computer pricing. Recent years have seen fall in prices of personal computers even in the face of increasing demand. To study this further, it should be kept in mind that demand and supply control prices in a free market and increase in the supply of a product over demand causes the price of the product to fall. A free market can be defined as a market where the sellers and the buyers of a product are free to determine the price of the product and this is done by the law of demand and supply. Free markets are in contrast to controlled markets where factors determining prices are influenced by external parties. In a free market, however, the demand and supply for a product determines whether the price of the product increases or decreases. ... Determination of equilibrium price and quantity The determination of price depends on the type of market organization the product belongs to. In a competitive market, the point of intersection of market demand and supply curves determines the price that will prevail in the market. As in other competitive markets, the forces of demand and supply determine computer prices. In the diagram, P* is the point of intersection of the demand and supply curves and is called the equilibrium price. "The word 'equilibrium' denotes a state of rest from which there is no tendency to change" (Maddala and Miller, 2004). Price equilibrium occurs where the price that the buyers wish to buy matches the price that the sellers wish to sell at. The point C in the diagram describes a position of equilibrium in the market. When prices are above or below P*, i.e., P1 or P2, the market is said to be in disequilibrium. As can be seen from the diagram, supporting the price above P* creates an excess supply, whereas, fixing the price below that causes excess demand. Therefore, an excess demand would lead to an increase in prices whereas excess supply would lead to decrease in prices. When the demand for computers is high and there is shortage of supply of the same, then the balance of power shifts towards the seller. This is because of the excess demand in the market for good commodities. Conversely when demand both for computers and complimenting products is weak and when there is excess supply of the same available on the market, then the power switches to potential buyers. This is because there is a wide choice of products available and the buyers can afford to negotiate prices

Youth human rights perspective case study Essay

Youth human rights perspective case study - Essay Example In a lawsuit filed against the Department of Education of Hawaii or DOE as well as the Hawaii Board of Education, filed as a class action suit on behalf of three homeless families by the American Civil Liberties Union of Hawaii Foundation or ACLU Hawaii, Kaleuati III and the other plaintiffs alleged that actions by the Board and by the DOE, the matter of contention is the discrimination that children of homeless families faced, which made it difficult for them to acquire an education on the same footing as children from families with homes. The lawsuit prospered, and in the end the DOE took the course of coming to terms with the plaintiffs and with the lot of the homeless of Hawaii via a case settlement, rather than having to face the prospect of a long-drawn legal process where the outcome seemed to in favor of the homeless families/plaintiffs (American Civil Liberties Union). The lawsuit is interesting for the way Kaleuati III and the other plaintiffs argued that although legislation exists that was supposed to protect the rights of such homeless children to access to education on par with the access given to children from families with homes, practices and decisions by the DOE and by the Board relating to the education arrangements of homeless children had the effect of circumventing the law. The effect is that by intention or not, the rights of the children to equal and effective education access were violated. The law referred to here is the so-called McKinney-Vento Homeless Assistance Act, which has the following provisions: 1) funding to support homeless children equal access to education in public schools; 2) children are to continue to go to the schools they attend at the point of homelessness; 3) children are to be enrolled right away even without required enrollment documents; 4) the DOE is to provide means of transport to homeless children even when they move to other places to seek shelter

Loyalty Programs In The Success Of Hero Honda Commerce Essay

Loyalty Programs In The Success Of Hero Honda Commerce Essay Customer loyalty  is when an organization receives the ultimate reward for the way it interacts with its customers. Loyal customers buy more, buy longer and tell more people thats true customer loyalty. Although customer loyalty is often achieved through offers, discount coupons, rebates and other kinds of rewards, long-term customer loyalty can only be created by making your customers feel that they are your number one priority. Competitive advantage can be achieved through customer loyalty. This is the way to gain the best kind of customers, repeat customers. Repeat customers tend to spend more money and provide the best word-of-mouth advertising. Loyalty programs are structured marketing efforts that reward, and therefore encourage, loyal buying behavior behavior which is potentially of benefit to the firm. Customer loyalty,  not  customer satisfaction, is key to the success of an organization, and customer loyalty is fostered when an organization excels along two dimensions:    Design of its Products including its Service Products Operational Execution   or Conformance   to the Design Many companies focus on rewarding customers who have repeat purchases. Such reward programs have their place in assuring customer loyalty. However, if the product or service doesnt meet customer needs, no reward program will keep them returning. For success in the long run, an organization must: Continuously improve Quickly identify and resolve problems to the customers satisfaction or more The first step in customer loyalty research programs is formulating the objectives. Next, the current state of customer loyalty needs to be documented. That is, what is the satisfaction level and the defection rate? Then, data collection projects, such as survey questionnaires and other research tools, must be developed. The goal in these tools is to find out customers satisfaction level and how many customers are defecting. Customer Loyalty has become a catch-all term for the end result of many marketing approaches where customer data is used. We can say Relationship Marketing or Database Marketing or Permission Marketing or CRM, and it is trying to increase customer loyalty getting customers to choose to buy or visit more. All of the above approaches have two elements in common they increase both customer retention and the LifeTime Value of customers. Customer loyalty is the result of well-managed customer retention programs; customers who are targeted by a retention program demonstrate higher loyalty to a business. About Hero Honda Hero Hondas mission is to strive for synergy between technology, systems and human resources, to produce products and services that meet the quality, performance and price aspirations of its customers. At the same time maintain the highest standards of ethics and social responsibilities. Hero Honda is the only two-wheeler company in the country with a 100 per cent motorcycle exposure. Although its sales have grown at a good clip over the past year, a bigger motorcycle pie and greater competition has resulted in a fall in the companys market share-51 per cent in August 2001 to 47 per cent this August.   To counter the competition, the company is looking to create an intermediate category with its latest model, the 133-cc Ambition. This bike is targeted at users who wish to move to a high-end model but wouldnt like to shell out premium model prices. Hero Honda is taking it easy on launches. Besides Ambition, it is looking at a 200-cc bike next fiscal and a relaunch of CBZ, which has been steadily losing out to Bajajs comparable offering Pulsar. Says Sobti: We will move into launch mode only when we believe there is a demand for new products, not as an attention-getting tactic that will uselessly crowd the market. Instead, the company is focussing on maximising sales of its existing product basket. To this end, the company has upped ad spend over the past year. It offers a two-year warranty on all its motorcycles (the only two-wheeler manufacturer to do so). Another key initiative is a customer loyalty programme, Hero Honda Passport Programme. Subscribers are entitled to discounts on spares and service. Customer loyalty Programme in Hero Honda i.e Hero Honda Passport Programme Hero Honda Passport Programme The Hero Honda Passport Programme is open only to Hero Honda motorcycle owners/customers who are resident Indian nationals. It is not open to non-resident Indians, employees of Hero Honda Motors Limited, and its advertising agencies (Result: McCann and its respective subsidiary companies). The Hero Honda Passport will be issued in the name of an individual only, and not in the name of a company, corporate body or association of persons. The Hero Honda Passport will be issued only to individuals who are 18 years of age, or older. There is a non-refundable registration fee for the programme. Two passport-sized photographs must be attached to the application form. The Hero Honda passport is non-transferable. In case, an applicant is the second or subsequent user of the Hero Honda motorcycle, he/ she is required to submit a copy of the registration booklet, duly transferred, along with the Hero Honda Passport Application form. If any Hero Honda Passport holder loses his/her Hero Honda Passport, a new copy of the same will be issued to the member, on payment of the requisite fee. The Hero Honda Passport is valid only for three years from the date of issue. It will take minimum of 4 weeks, from the date of enrolling for the Hero Honda Passport Programme, to deliver the Hero Honda Passport. On becoming a Hero Honda Passport Programme member, the applicant authorises all the organisations, with which Hero Honda Motors Limited may finalise arrangements (including Hero Honda Motors Limited), to use data submitted by him/her for marketing and communication purposes, to enhance performance of the Hero Honda Passport Programme. In case of non-receipt of the Hero Honda Passport, it is mandatory for the applicant to intimate the Hero Honda dealership within 45 days from the date of application. In case of loss/theft of the Hero Honda Passport, the member must inform the Hero Honda dealership immediately. Hero Honda Motors Limited reserves the right to reject any application at its sole discretion, without assigning any reason. Hero Honda Motors Limited is not responsible for any damaged/mutilated/lost -in transit/incorrectly filled forms. All Hero Honda Passports, even after their issuance, remain the property of Hero Honda Motors Limited. Hero Honda Motors Limited will not accept responsibility for circumstances that are beyond its control, and that may cause a delay or inability to fulfill requests of the Hero Honda Passport holders. Hero Honda Motors Limited holds out no warranty, and makes no representation about the quality of the goods and services provided by partners in the Hero Honda Passport Programme, and will not be responsible if the goods/services are defective/ deficient/unsatisfactory, in any way. Hero Honda Motors Limited is not responsible for any liability incurred by the Hero Honda Passport holder, with respect to any aspect of the Hero Honda Passport Programme. In case of any disputes of differences in connection with the Hero Honda Passport Programme, the same shall be decided by arbitration. The arbitrator shall be the Managing Director, Hero Honda Motors Limited, or any person nominated by him. The arbitration shall be conducted as per the prevailing arbitration laws rules in New Delhi. Hero Honda Motors Limited shall not, in any way, be liable, or be under any obligation to the participant, if the Hero Honda Passport Programme is withdrawn or modified due to statutory enactments, and judicial/ quasi judicial orders. Hero Honda Motors Limited reserves the right to add, modify, withdraw or delete any of the rules, terms, conditions or the duration of the Hero Honda Passport Programme, with or without prior notice. How to use your Hero Honda Passport? Each time you visit an authorised Hero Honda dealership or service center, make sure that you carry your Hero Honda passport with you. Customer can accumulate points against purchase of spares, accessories and service at Hero Honda authorised dealerships / service centers. The Hero Honda passport will serve as a record book for keeping an account of the points accumulate by you. Each rupee you spend, at the dealership / service center, entitles you to one point. Customer can also earn bonus point when you come for a free service you visit the dealership ( at least thrice a year ), and make purchases worth Rs. 50 per visit.You refer your relatives and friends to purchase a hero Honda motorcycle. At the time of setting your bills, ensure that your Hero Honda passport is endorsed with the earned points. The more you earn your points, the more benefits you receive. What are the benefits of owning a hero Honda passport ? The accumulated points can be used to enjoy a host of special privileges and benefits from time to time. The moment customer receive its hero Honda passport, he is automatically covered for one year Accident Insurance RS 1 lakh. Customer become entitled for special rewards and discounts, the moment you accumulate the specified points, at any of the authorised hero Honda dealerships / service centers. Customer can also receive invitations to exclusive local events, such as movie shows, musical nights and carnivals. Periodic updates will be sent to you, from the hero Honda programmed center, with your point status. Special information and tips regarding your motorcycle, hero Honda Passport Program happenings and exclusive offers from other brands will also be sent to you along with the updates Hero Honda CRM programme Hero Honda has covered two million customers under passport programme. The passport programme builds enduring relationship with customer. It was rolled out nationally in 2001. According to the scheme, every rupee spent by the member translates into a reward point. These reward points can then be redeemed for gifts, the release adds. Hero Honda GoodLife Program We invite you to our Rishta Dil Ka bond to give us an opportunity to share what we have in store for you. All you need to be a resident Indian national, aged 18 years or above and you should be an owner of Hero Honda scooter or motorcycle to be a part of One of the largest customer relationship program in India. The Hero Honda GoodLife Program offers you great rewards, benefits and a range of exciting gifts, chosen especially for you. Becoming member of this exclusive program is simple and easy. All you need to be a resident Indian national, aged 18 years or above and you should be an owner of Hero Honda scooter or motorcycle. Simply follow the steps outlined below and you can start experiencing the privileges of being a member of Indias largest rewards program. Fill the fresh online application at the dealership. If you are a Hero Honda Passport member, kindly submit the Passport at the dealership. For three years membership and one year insurance cover pay a nominal membership fee of Rs. 150, or for three years membership and 3 years insurance cover pay Rs. 250. To know more call 1800112255 or write to us at [emailprotected] On successful enrolment, you will receive a Hero Honda GoodLife membership card which will help you earn points on all your spends at Hero Honda dealerships and service centres. You can accumulate points and redeem them for a range exciting milestone rewards. Rewards And Benefits The Hero Honda GoodLife Program is your very own passport to the good things of life. It brings you an easy to use privilege card that offers a host of special rewards and benefits. Providing you with fabulous returns on your spends, it is surely the most convenient way to complement your good life. Your world of rewards: WINNER OF THE MONTH REFERRAL POINTS FIRST TRANSACTION BENEFIT DISCOUNT ON SPARES ACCESSORIES POINTS EARNED ON MONEY SPENT FREE RIDERS PERSONAL INSURANCE GO GREEN SERVICE BONUS BONUS POINTS ON BIRTHDAY SPECIAL VALUE OFFERS Be A Hero Honda Good Rider Loyalty is demonstrated by the actions of the customer; customers can be very satisfied and still not be loyal. So, as a CRM strategy and for customer satisfaction they promoted themselves as Socially responsible company. Therefore as a socially responsible company they urgecustomers to join them in making this world a safer, healthier and more environment friendly place. At Hero Honda they like to promote the three Es. Engineering which is the right technology, specifically designed for Indian customer requirements, and road conditions. It is exemplified in the 4-stroke Hero Honda engines that give you amazing reliability and fuel-efficiency, year after year. We have always manufactures 4-stroke engines, ever since inception in 1985. Environment which is about ensuring that the high technology 4-stroke Hero Honda motorcycles continue to meet the most stringent pollution control norms at every level as they have since the very beginning. Education which is about promoting comfortable and safe driving, through a wide dealer network and service centres; as well as in educating people on road safety, in association with the traffic police and the transport department. Do remember that you and your family are not only riders, but pedestrian as well. It is as part of the Hero Honda family that We Care to drive home the message of Road Safety and a Healthy Environment. Your Hero Honda, the environment and you. It is a three-way relationship that you should nurture, to reap the benefits for years to come. A well tuned bike keeps the environment healthy. Good riding practices will keep you healthy. Taking good care of your bike will always keep your bike healthy. Here are simple steps to a healthy bike, healthy environment, and a healthy you. Health and Environment Safety Facts and Information Social Responsibility We are certain that you too will take pride in being a true Hero Honda Good Rider . Success of loyalty program to the Hero Honda For the success of loyalty programme the organisation have to answer these parameters. Identify the key processes in building a loyalty program Create and map the loyalty business case by engaging all internal stakeholders and getting executive-level sponsorship Gain maximum internal support that drives truly commercial performance Turn customer insights into actionable marketing strategies Apply advanced customer segmentation and propensity modeling techniques Implement various financial planning tools for your loyalty program Maximize the marketing ROI of relationship chain and branding with your loyalty program Confidently reap the rewards of the loyalty program and, demonstrate and justify the success of your loyalty program Conclusion Customer Satisfaction and loyalty plays a major role in developing and promoting the company. Customer loyalty is an important factor, which affects the Financial position and Goodwill of the company. Customer demands are dynamic, but its consideration is necessary for every company to make existence into the market. Loyalty programs are increasingly gaining popularity in the Asia Pacific region. And company uses the various loyalty programmes like Hero Honda Passport Programme in Hero Honda. It is the CRM initiative taken by the company to: Brand awareness of Hero Honda motor cycles. Know about the time in which customers usually purchases bikes. Know about the effect of promotional schemes on customers. Purchase pattern of customers To know about the media through which customers come to know about the bikes For database. Encourage, loyal buying behavior behavior which is potentially of benefit to the firm. So these all loyalty programmes are very helpful in success of HERO HONDA.

Nuclear Waste Management position at Ontario

As a second year student at the University of Toronto, majoring in Environmental Science, I am excited to be applying to the Ontario Power Generation. This is an excellent opportunity to apply my knowledge and skills while gaining practical work experience and further understanding the science behind it. I believe that I would be a great fit given my background, thirst for experience, and never-ending enthusiasm, and I would appreciate the opportunity to contribute this company. Throughout my schooling, as a science student, I have had a great deal of practice in the raw technical skills needed in data management and handing dangerous materials. Laboratories hold a strict code of conduct for safety procedures, and expect quick and efficient work with little error. This has given me acute attention to detail, even with a time limit. My time spent in laboratories has also forced me to gain good understanding of Microsoft office suite and statistics, as many of the reports require manipulation and interpretation of mass amounts of data. Cooperation is also a necessary skill I have perfected in laboratories, as many are performed in pairs; however I also retain the ability to perform alone effectively, and complete my work independently. Also, as a science student, I have a good background understanding of the concepts behind nuclear waste management. In addition to a chemistry, physics, and the three main principles of concentrate and contain, dilute and disperse, and delay and decay, I also understand cultural perspectives and challenges of this field. Throughout my career I have been heavily involved in the community, which has given me a strong work ethic, and excellent interpersonal skills I own today . In High School, I was a part-time cashier, in a fast-paced environment , and in direct interaction with customers . Through this I developed the professionalism and customer service initiative needed to excel in a service job, as well as acute problem solving skills for everything from computer issues to customer complaints, and an efficient work ethic. Perhaps my favourite, and most rewarding experience, however has been my volunteer time at Habitat for Humanity. It was an opportunity to step outside of my comfort zone , and though the work was difficult at first, I kept with it, and was greatly rewarded . I have since maintained a proactive, hands-on, and enthusiastic attitude in all areas of my life, especially when facing new challenges. Both opportunities have also allowed me to understand, and seek that balance between hard work, and efficiency, while also reaping the benefits of teamwork, and companionship with one’s coworkers. I sincerely believe that my skill set and background would be an asset to Ontario Power Generation, and my enthusiasm and teamwork would fit perfectly in the fabric of this company. Thank you for your time and consideration, and I look forward to meeting you and discussing how I can become a part of the OPG team.

Nike Air Jordan Women

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Questions Accounting for Managers - 1827 Words

| 1. | Cash is another term for Stockholders’ Equity. | | | | True | | x| False | | | | Score: 1 of 1 | | 2. | Explanatory notes and supporting schedules are an optional part of an annual report. | | | | | True | | x | False | | | | Score: 1 of 1 | | 3. | Debt securities sold to investors that must be repaid at a particular date some years in the future are called | | | | | accounts payable. | | | notes receivable. | | | taxes payable. | | x | bonds payable. | | | | Score: 0 of 1 | | 4. | Which activities involve acquiring the resources to run the business? | | | | | Delivering | | | Financing | | x | Investing | | | Operating | | | | Score:†¦show more content†¦| | | | | $2. 76 | | x | $2. 50 | | | $1. 25 | | | $1. 32 | | | | Score: 1 of 1 | | 17. | Using the following balance sheet and income statement data, what is the current ratio? Current assets | $9,000 | Net income | $12,000 | Current liabilities | 4,000 | Stockholders’ equity | 27,000 | Average assets | 44,000 | Total liabilities | 6,000 | Total assets | 30,000 | | | Average common shares outstanding was 10,000 | | | | | 1. 75 : 1 | | | 2. 00 : 1 | | | 0. 44 : 1 | | | 2. 25: 1 | | | | Score: 1 of 1 | | 18. | What organization issues U. S. accounting standards? | | | | | Security Exchange Commission. | | | International Accounting Standards Committee. | | | International Auditing Standards Committee. | | | Financial Accounting Standards Board. | | | | Score: 1 of 1 | | 19. | The going concern assumption is inappropriate when | | | | | the business is just starting up. | | | liquidation appears likely. | | | market values are higher than costs. | | | the business is organized as a proprietorship. | | | | Score: 1 of 1 | | 20. | It is assumed that the activities of Ford Motor Corporation can be distinguished from those of General Motors because of the | |Show MoreRelated3101AFE Seminar Questions from Seminars 1 6 Sem 1 20151558 Words   |  7 Pagesï » ¿3101AFE Accounting Theory and Practice Seminar Questions for Seminars 1- 6: Semester 1 2015 SEMINAR 1 - Semester 1 2015 Deegan Topic 1: Introduction to financial accounting theory QUESTION 1 – Question 1.2: If you developed a theory to explain how a person’s cultural background influences how they prepare financial statements, would you have developed a positive theory or a normative theory? 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