Saturday, May 23, 2020
There had been enough time for something to change but almost everything was the exact same. Again Rye found herself travelling on a bus to go search for something, now knowing her brother is in fact dead she wasn t exactly sure if what she was searching for was real. The only difference was that she now had the weight of two pre-teens. She felt it best for them to be as cautious as she had been while travelling around a decade ago. Each child had their own piece to communicate what their name was without using their words, itÃ¢â¬â¢s safer. Sitting on these benches Rye looked at them, the girl was the spitting image of her dead mother long curly dirty blond hair, a button nose, freckles, green eyes, and the perfect height for her age. Her was brother only slightly taller, with a darker skinned tone, and features almost exactly the opposite of his sister. The only feature similar was their hair texture. Rye would never admit this to anyone but there were times like the present that she regrets the events leading up to this very moment. The deja vu of running away except this time with hope. Being a teacher in the past and a lover of reading and imagery Rye learned to become a very observant person. Something she tried to teach the children. On the bus everyone seemed to distracted. Rye saw that most people looked outside the window or showed some kind of sign that they weren t completely disabled in some form or another. Upside to her past she had something to compare this busShow MoreRelatedThe Catcher in the Rye: Story of a Troubled Teen956 Words Ã |Ã 4 Pages J.D. Salingers novel, The Catcher In The Rye, attempts to show the reader the life of a regular boy with troubles on his mind. The rich and troubled Holden Caufield is that boy. 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In Mr. CapilongoÃ¢â¬â¢s grade 9 AP English class, three novels were read following the theme of Ã¢â¬Å"The teen experienceÃ¢â¬ : To Kill a Mockingbird, by Harper Lee, The Catcher in the Rye by J.D. Salinger, and The Chrysalids, by John Wyndham. The classRead MoreThe Importance of Censoring in The Catcher in the Rye by J.D. Salinger1145 Words Ã |Ã 5 Pagesauthor well known for his best seller The Catcher in the Rye, a considerably influential novel that portrayed the feelings of alienation that were experienced by adolescents in North America after World War II (J.D. Salinger Biography). SalingerÃ¢â¬â¢s work appeared in many magazines, including a series of short stories which inspired many new authors (J.D. Salinger Biography). 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Question (b): Introduction to English Literary Studies Topic(i): The Catcher in the Rye Instruction First read the third chapter of Introduction to English Literary Studies (Ã¢â¬Å"The NovelÃ¢â¬ ). Then go to p. 102 and answer the questions on The Catcher in the Rye under the heading Ã¢â¬Å"Time to WriteÃ¢â¬ . Task Write a list of things that Holden says in the first paragraph of the novel and on pages 5-6 that strike you as interestingRead MoreAnalysis Of Characters And Themes Of The Catcher Rye 1537 Words Ã |Ã 7 Pages Analysis of Characters and Themes in The Catcher in the Rye J.D. Salinger was born in 1919 to a wealthy Manhattan family. He grew up in the same social conditions as Holden Caulfield does in The Catcher in the Rye. The last thing Salinger cared about was being a successful student because he was very lazy, without care for his responsibilities and tasks. 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Tuesday, May 12, 2020
Sample details Pages: 24 Words: 7094 Downloads: 10 Date added: 2017/06/26 Category Statistics Essay Did you like this example? 1.0 Critical Analysis of Marketing Audit 1.1 Introduction In todays dynamic telecommunication industry it is critical to analyze the dynamic environment and analyze key product/service offering to target customers. Further, the information gathered from marketing audit is used to critically analyze Dialog product line performance and current product management issues with relevant tools and models to identify the key opportunities/weakness which D-GSM could face in future. 1.2 General Issue Inefficient Channel Distribution Management The downstream distribution is a key part of achieving sales objectives for D-GSM. In other words, business-to-business (B2B) customers push the products of D-GSM to end customers. Currently D-GSM is operating with four major first tier distributors and 1200 retailers in 85 cities in Sri Lanka. DonÃ¢â¬â¢t waste time! Our writers will create an original "What is marketing audit ?" essay for you Create order In recent past further the retail distribution chain has declined in each province (Refer Appendix B 10.0). The long tier retail distribution has reduced the profit margin thus resulted the retailers willing to promote competitors products (Refer Appendix B 11.0). Another reason identified for this decline is high sales staff turnover which resulted for poor retail management. The issue highlighted above can be highlighted using Ishikawa Cause/Effect diagram shown below (Refer Figure 1.0) Model Adopted from (Albert, 1989) 1.3 Product Management Issue Current Health of Product Portfolio Figure 2.0 BCG Matrix Market Share High High Market Growth High Star Products Question Mark Products Low Cash cow Products Dogs product BCG Model Adopted from (Kotler, 2008) Healthy product portfolio is important for organization to gain competitive advantage. Further analyzing the Boston Consultancy Group (BCG) matrix (Refer Figure 2.0) its understood that D-GSM key products are positioned i0n cash cow. In long term these products could move to dogs section which could harm the product performance of the organization. Further products like Kids connection and Code-Division-Multiple-Access (CDMA) are currently in dogs section of BCG matrix needs to be removed from the product portfolio as they consume high cost to maintain the products and return low profit to the organization. Moving forward D-GSM needs to plan for product development to position in star segment of BCG matrix which is currently with few products. Star products are highly needed for organization to gain competitive position; eventually star products will become cash cow and dogs respectively, Further D-GSM needs to identify products are in the question-mark segment to invest to generate market share and returns. Now it is proved lack of product portfolio management has resulted developing low income generating products and thus D-GSM needs to follow a strategic system to have a balanced product portfolio management to gain competitive position in dynamic market. Inefficiencies in New Product Development(NPD) Model adopted from (Kotler, 2008) D-GSM is currently facing set back with competitors. Presently D-GSMs core products, which face severe competition from competitors, are in maturity stage. Thus these products are experiencing reduction in the profit margin (Refer Appendix B- 8.0). The marketing audit (Refer Appendix B) clearly indicates that Dialogs Mobile-broadband is currently in maturity stage and clearly indicates declining in profit. Further it is evident that no product-line-extensions are developed for the product survival which has created a quick decline stage for most of the product. There are few products and product-line-extension that are developed having long gap in introducing to the market in the new product development pipeline (Refer Appendix B- 11.0); as a result existing mature products (Cash-Cow) tends to decline faster. Moreover this is further evident that D-GSM has allocated low marketing budget allocated product innovation (Refer Appendix B- 12.0).Overall improper management in NPD has created threat for D-GSM of being a market leader and loosing first mover advantage for key products. Gap identified in mobile-broadband STP Strategy Today in telecom industry mobile-broadband is a core product and a matured product in the PLC; it is consumed in a very high level and has become a commodity in daily life. The marketing audit has identified that D-GSM has been targeting the same segment which are professionals/senior executive since inception their mobile services. This is a drawback for D-GSMs long term survival and its market leadership. Further competitors are able to manipulate this service and will lose its market share (Refer Appendix B; Appendix B- 4.0). The PESTEL analysis provides evidence that new potential segments are emerging such as entry level executives (1), undergraduates/students (2), travellers and businessmen (3). As result old segments are becoming outdated. (Refer Appendix B- 12.0). The below diagram illustrates the ability of D-GSM to cater and take necessary action for new segments (Refer Appendix B- 9.0). Figure 4.0 G.EMatrix Market Segment Attractiveness Unattractive Average Attractive Organizational Strength in positioning Weak Strongly Avoid Avoid Possibilities Average Avoid Possibilities Secondary Target Strong Possibilities Secondary Target Target Model adopted from (Business tools, 2007) The output of market segmentation matrix identifies the emerging new segment to generate more revenue and increase market share by repositioning the broadband (Refer Figure 4.0). Knowledge gap in customer preference Internet technology is continuously evolving and adapting to such changes is highly important to D-GSM. Continues adaptation to such technology and augmenting future technology is important for long term survival. The marketing audit explicitly specifies that D-GSM provides the core features of MBB to present customers. Further it is not providing the expected features or long term product augmentation of MBB (Refer Appendix B- 9.0). Referring to figure 5.0 clearly indicates gap between current feature offering of broadband and customer expectations. To fulfill this gap D-GSM needs to continuously evaluate customer expectation and adopt to provide new technologies to retain market leadership. 1.4 Conclusion of Critical Analysis Lack of information Knowledge gap in changing market Gaps in STP Potential New segments to target Deficiencies in the product portfolio 2.0 Recommendation Following recommendations are addressed below to overcome current drawbacks faced by D-GSM having critically analyzed using market audit. Recommendations are categorized to cater mobile-broadband and product portfolio management. 2.1 Recommendations for Mobile-broadband product Line Recommendation 1 Reposition Mobile-broadband Topic 1.3 above states that current segment targeted for mobile-broadband is declining. Following segments are identified as target audience who are students, travellers and undergraduates to be targeted to generate high revenue for mobile-broadband. Proposal in Detail Following recommendation is to reposition the mobile-broadband product line targeting new potential segments as the current segment is declining. This is also evident where 3 major UK telecommunication vendors has overall share of 30% mobile-broadband users as students and undergraduates affording on the go low-cost internet facility (Gabriel, 2011). Currently mobile-broadband is a cash cow product. Repositioning this product can help D-GSM to reach more customers and generate more revenue. Based on the proposed recommendation, following product forecast is analysed using net present value (NPV) analysis. Table 1.0 NPV Analysis for Mobile broadband reposition Year 1 Year 2 Year 3 Cost Cost of Product Reposition $ 20,000.00 Sales Forecast Do nothing to the product $ 120,000.00 $ 100,000.00 $ 95,000.00 Reposition the product $ 200,000.00 $ 250,000.00 $ 325,000.00 Incremental value $ 80,000.00 $ 150,000.00 $ 230,000.00 Cost of Sale at 10% of Sales revenue $ 8,000.00 $ 15,000.00 $ 23,000.00 Gross Profit at 40% of sales Revenue $ 32,000.00 $ 60,000.00 $ 92,000.00 Net Profit $ 24,000.00 $ 45,000.00 $ 69,000.00 Net Present Value Key Finding of NPV Analysis Return on Investment (ROI): The entire return on Investment on the repositioning the product will be fully recovered by the end of the first year. Forecasted sales performance: Repositioning the product will pave the way to the sales to increase notably. Nearly 67% increase in first year, 150% within two years and 200% within three years. NPV analysis indicates positive (+) result which mean reposition will be successful. The product can be expected to perform well in the market to gain more revenue and market share for Dialog mobile-broadband. Further D-GSM could follow the proposed product reposition process for mobile-broadband Further D-GSM could follow the proposed product reposition process for mobile-broadband Figure 6.0 Proposed product reposition process for mobile broadband product line To better position mobile-broadband D-GSM could adopt the following marketing mix to reach the newly identified segments since the current marketing mix for mobile broadband is outdated. Table 2.0- Proposed new marketing mix for mobile broadband product line Marketing Mix Description Product Product will be combination of value added service, Place Adopt intensive distribution strategy to reach new segments effectively Price Price penetration strategy will be targeted to avoided completion and gain ROI Promotion Promotional strategy will be high awareness using adverting in media and sales promotion to gain more user trials. Following perceptual map can be considered for the new repositioning strategy, 2.2 Recommendations for Product Management Recommendation 2 Appoint Product Management Team The present marketing structure is incapable of managing multiple product portfolios at D-GSM. This structure only focuses to cater existing product portfolio and provides low importance for NPD. Further, it is inefficient to support and manage more products by fewer staff which increases the existing workload. Proposal in Detail It is recommended to restructure existing marketing hierarchy to cater NPD, to conduct product management efficiently and reduce burden on staff of marketing department. This recommendation emphasises the creation of a product management team, which could be formed to better manage product portfolio for D-GSM. Below product team structure is recommended (Refer figure 7.0) Recommendation 3 Financial Resource Allocation to Product management Further to the critical analysis conducted it is understood low financial resource allocation as key reason for poor performance of product management in D-GSM. To overcome this issue more financial resource allocation has to be allocated for better product management in future. Proposal in Detail Following recommendation is to cater financial resource for product management team. Proposed financial resource will cater the team to conduct product portfolio management, new technology acquisition for product development, research development to introduce new products/service to market. It is recommended to allocate 10% of the annual sales revenue to facilitate product management team. The following financial allocation breakdown is proposed. Table 3.0-Proposed Financial Allocation breakdown for project management team Task Budget Allocation New Product development 45.0% Market Research 10.0% Acquisition/Upgrade of technology 20.0% Manage Existing product Portfolio management 15.0% Training on product management 10.0% Recommendation 4 -Implementation of Product Portfolio Management System (PPMS) In topic 1.3 identifies the lack of system and process in place to manage product portfolio and help senior management make strategic decision towards managing product portfolio as it consumes human and financial resources .This recommendation will highlight in implementing a PPMS for D-GSM. Proposal in Detail This recommendation is to implement PPMS for D-GSM. This system in place will help management make strategic decisions and allocate investments to individual products with the goal of optimizing the entire product portfolio. Also this system will provide a tool to maximize the performance of product portfolio in varies stages of PLC. The following system will help product management have a consistent view of product performance, products status in PLC, new product development pipeline progress, monitor product operation cost and more with product portfolio management. Further with the help of such system product development managers to align product roadmaps with market expectation and help to increase revenue, grow market share and reduce costs. Benefit for D-GSM by implementing PPMS Maximize the performance of D-GSM product portfolio PMSS in place will enable centralized management of product portfolio PMMS in place will enable product managers to align product roadmaps with marketing objectives to increase revenue, grow market share, and reduce costs PMMS will enable product management team gather historical information which is valuable information that will improve time to market of future products Recommendation 5 Expand Re-align Channel Distribution This recommendation will highlight in improvising the current retail management and introducing new retail partners for D-GSM to expand the channel distribution to compete with competition and in long term to penetrate Sri Lankan market. Proposal in Detail Proposed strategy of expanding the channel distribution to reach wider untapped market of D-GSM as competitors are aggressive in penetrating the market .This strategy will enable D-GSM to gain more consumers and boost profit through additional venues and expanding current channel distribution can be an effective tool to increase existing business for Dialog GSM. Benefit for D-GSM by Expanding Re-aligning Channel Distribution Channel expansion will cut down operational cost in every region and improve sales performance Current level of channel risk will be minimized and risk could be shared among many regional retailers Expanding channel distribution will help in brand building and make products available in more locations which will raise consumer awareness of D-GSM offerings. Recommendation 5 Implementation of Marketing Information System (MKIS) Further to the critical analysis conducted in 1.5 and 1.6 it is evident that there is no system and process in place to monitor dynamic market environment and consumer behavior, in current situation without a proper system in place D-GSM has not been able to understand consumer behavior and identify emerging segments and target potential new market. Proposal in Detail The following recommendation is to implement a MKIS. This system in place will help D-GSM to scan dynamic market environment constantly to make strategic decisions. Further this system will enable the marketing and product management team to analyze consumer behavior and act accordingly in competitive environment. In long term this system in place will enable the organization to be market oriented. Proposed key integrated feature of this system will be; Marketing intelligence Information Analysis Marketing research Internal Records The prototype of the proposed MKIS will be as shown in figure Benefit for D-GSM by implementing MKIS MKIS will enable organization to constantly monitor dynamic marketing environment Distribute marketing information within organization MKIS will enable to analyses consumer behavior, This will help D-GSM to better manage STP strategies for new products MKIS will facilitate towards product planning and control 3.0 Evaluation of Resource capability and Capacity Management 3.1 Introduction This section evaluates the resources and capability requirements to deliver the identified recommendations for product management of D-GSM. This analysis is based on drawbacks identified from the critical analysis and possible recommendations are proposed to re-align the current D-GSM resources and capabilities to desired level. 3.2 Analysis of current organizational capability and resource When conducting a project management in this scale it is important for D-GSM to evaluate current resource capability and capacity of the organization to deliver the recommendations proposed under heading 2.0. Further to evaluate the current strength of delivering the recommendations, a skill audit was conducted within marketing department against the expected skills and competencies required for the product management project (Refer Figure -9.0) Figure9.0 Marketing Team Current Skill vs. Expected Skill for product management project The skills audit analysis (Refer Figure 9.0) against the marketing audit (Refer Appendix B- 14.0 ) indicates there are lack of gap overall skills, therefore there is a need for skills improvement from external or internal sources which needs to be acquired to close the current skill gap. The marketing audit analysis indicates present marketing teams resources are limited and the current structure is incapable of managing the proposed project (Refer Appendix B- 5.0). Therefore it is recommended to recruit a new project management team to implement the recommendation made for D-GSM. To overcome the skill requirement a project management team can be formed from a cross functional basis of appropriate staff who will have relevant skills and knowledge to implement the proposed recommendation as a team. Further D-GSM could acquire required skill and expertise resources from external environment. 3.3 New Capability Resource required Provide Training in Product portfolio management Marketing team currently needs new skills in understanding the importance of organizational product portfolio management to achieve organizational objectives. By training the staff on portfolio management it will enable the marketing team to formulate effective product portfolio management strategies to cater dynamic market environment. Increase Financial Allocations for Portfolio Management To have an efficient product portfolio management more financial resource is needed to cater new product development. The current budget quota is insufficient for product portfolio management and therefore to implement the identified recommendations and to gain new capabilities and other needed resources which needs sufficient financial allocation for product portfolio management. Training on customer relationship management Marketing team is currently in need for training in customer relationship management. Currently in the highly competitive Sri Lankan telecom market relationship management with key customers, retailers and distributors are important to retain recurring business. By conducting such training D-GSM could retain customers to generate more revue for organization. 3.4 How to Acquire New Capability and Resource Internal Development Internal development refers to the changes that a firm undertakes by recombining its existing resources or developing new resources on its own (Capron and Mitchell, 2004). To acquire new capabilities at minimal cost marketing team along with human resource department could form an internal development team to provide key skill and mentoring to staff, this could be in the form of: Knowledge Sharing Session Internal Presentation One to One session Hiring External Consultant External sourcing means trading in a strategic capability that stems from external sources (Capron and Mitchell, 2004).The hiring of a consultant will help D-GSM in gaining external/industrial expertise on product portfolio management and enable the marketing team to build new strategies to increase performance for Dialog Mobile-broadband product line. Training and Development D-GSM could evaluate the option of on-demand training and development to cater highly critical skill and capability needs to manage competitive product portfolio to the market. Further D-GSM could follow the proposed model shown in Figure 10.0 to plan training development. Figure 10.0 Training and Development process Model Adopted from (Moskowitz, 2008) The Benefit of Training and Development Improved motivation Individuals see their skills base extending and their promotion prospects being enhanced. Opportunities for self-improvement, leads to people staying longer in one employment. Higher levels of performance Trained and motivated staffs are more likely to give of their best which in the end justifies the training budget. Recommendation for accruing new resource and capability The options discussed above to acquire new resources and capability to manage product portfolio for D-GSM is to hire external consultant to gain new ideas and industry expertise. Further hiring external consultant will help to reposition broadband product line effectively. Moreover, D-GSM needs to constantly identify new skill required for employers since marketing environment is dynamic and employees adapting to such changes instantly is important, therefor it is advisable to constant monitor required skill and plan to train and develop by external consultant. There is a high risk of outsourcing new resource and capability because it will create conflicts within internal employees and internal information could be considered as risk when outsourcing key resources from external environment 3.6 Financial Consideration Herewith financial proposal is addressed for future budgeting purpose to acquire new capability and resource to implement effective product portfolio management. Table 1.0 Financial Consideration for new resource and capability management Requirement Cost U$$ Budget allocation for annual Training and development program $5,000.00 Budget Allocation for Product Development and management $10,000.00 Budget allocation for hiring of External Consultant $5,000.00 Internal Development program $5,000.00 Total $25,000.00 4.0 Project Plan Introduction To the priority of recommendations provided above in topic 2.5, following project will focus to reposition mobile-broadband product line targeting newly identified segment with differentiated marketing mix and finally position the product as affordable product for consumers Project Initiation The following project is selected to increase the mobile-broadband. A stable project based approach is required. This therefore enables the management to monitor the manage performance, cost and time scales. Fore reference purpose this project will be named as Project 3G. Project Objectives The project objectives expected to be achieved by implementing project 3G are as followed, To successfully reposition Dialog Mobile-broadband product line To successfully create awareness to newly identified segments To increase mobile-broadband trial among new segments targeted To position the product to the new target segments using new differentiated value propositions within the period of six months. Project Scopeand creep The project scope refers to the work that must be accomplished to deliver the project objectives and successfully complete the project with quality, time and minimal cost (Hill, 2009). Project scope management will be used to make sure that project covers all the key tasks to deliver high efficiency of triple constraints  and focus of project. Further the management will resist and prevent scope creep as it will dent the achievement of triple constrains- budget, performance, and time as project creep could bring negative effects on the members (Kendrick, 2009). Therefore below matrix illustrates project boundary (Refer table 2.0). Table 2.0 Project Scope Matrix Project Scope Activities In Scope Activities Out of Scope Product Focus Dialog Mobile-broadband Other Products Time Duration Within 6 months July 1st 2011-December 30th 2011 Beyond December 30th 2011 Product Reposition Reposition Dialog Mobile-broadband Post reposition activities Channel Marketing Create awareness for retailers in Mobile-broadband reposition. Other products Advertising Campaign Channel merchandising for newly repositioned product Other Products Every project stakeholder must be educated about project scope from deviating. If there are any changes to the scope a request should be made to the project manager for consideration (Pritchard, 2004). Project Team The project manager will be General Manager- marketing and sales. He/she is selected for because of leadership skills and previous experience in handling similar projects. The key role of project manager is to manage the project team from initiation to evaluation stage, while leading and motivating the team towards achieving the objectives and clearly defining teams roles, responsibilities and performance, budget and time (Lock, 2007). The proposed project team structure is shown in Figure (9.0). The project team consists of seven members including staff from different department of Dialog GSM. This system will become a cross functional team for the project. Project Sponsor will be the Chief Financial Officer (CFO). According to Melton (2009), project sponsor is accountable for the delivery of the business case and to ensure that project is financially worthwhile. Project Managers and sponsors must work closely together to deliver the project and maintain control. External resources for the project team will be the outsourced marketing consultant and the advertising agencies key account manager for D-GSM for this Project. The consultant will guide the project team in implementing the project by providing training and in-depth guidance on product repositioning of Dialog Mobile-broadband. Furthermore, project manager will be responsible for driving the project team to achieve the project objectives by delegating the project tasks, proper resource allocation for the project through possible mediums and finally responsible to deliver project report for management. Project Beginning and end dates Project 3G will span for a period of 6 months and will be implemented from 1st of July 2011 till the 30th of December 2011. Project Key Deliverable Key deliverable of Project 3G could be highlighted in a work breakdown structure (WBS). The top of the WBS is the project itself. The next layer or level in the structure is work packages (Lock, 2007). WBS explains the key deliverables of the project in figure (10.0). Figure () Key deliverables for project 3G ProjectMethodology Project methodology adopted for project 3G is scalable methodology. The benefit of adopting this method allows the project to be more flexible for specific requirements such as time scale, budget and performance (Charvat, 2003). Therefore, by adopting this method project performance, budget and time period could be scaled down to a short term period. Further the project team could utilize Microsoft Project software to monitor the ongoing project activities of Project 3G. Project Limitation The major limitation are financial resources where current project 3G must be financed using additional funding apart from the annual marketing budget; time constrain where this project must be undertaken during the routine work for a period of six months. Therefore proper planning has to be conducted which will not harm the daily routine activities along with conducting the current project. Risk Management Project risk assessment and mitigation planning is also a key part of this project plan which is broadly reviewed in heading 5.0 Project Implementation Schedule Following GANNT chart in Figure () below illustrates the implementation schedule for project 3G Model Adopted from Project Task Sequence Task Sequence Diagram Resource Review Identifying resources required to complete the work of the project are the focus of resource reviewing process (Wysocki, 2004). The possible resources needed are people, finance and equipment. The resource reviewing process includes estimating what resources are needed, in what quantities and when. Resource availability may compromise project progress which needs to be identified and managed effectively throughout project life cycle. Following table (3.0) highlights the resource review for project 3G and acquisition process to fulfill the resource need Table 3.0- Resource Review acquisition process Resource Requirement Resource Availability Resource Acquisition process People Internal Resource Recruit intern employees from relevant department needed for the current project as per project team proposed in Figure Staff acquisition request will be send to HR department and Department Manager to release relevant staff for the project External Resource Marketing Consultant will hired to assist the project 4-6 External Consultant will be screened with relevant experience to fit into this project and hired based on their previous experience and skills Facilities New project department with furniture and boardroom facilities with projector. New Facilities requirement will be requested to Human resource manager with approval of project sponsor Finance Allocate Project Finance of U$ 33,000.00 Request for fund release to execute t project 3G From project sponsor Technical Infrastructure Computer facilities project team members with internet connectivity and implementation of Microsoft project server to monitor project progress 5-7 Vendor quotation will be evaluated and best price with high service vendor will be selected to purchase the needed technical infrastructure via purchasing department Model adopted from (Schwindt, 2005) Personal Requirement This project requires personnel from different departments such as IT, finance and human resources with following skills marketing, advertising, sales, research, finance, administration and IT. Table 4.0 highlights the key personnel required for the project team who addresses the key responsibilities and time allocation. Table 4.0- Personal Requirement for Project 3G Team Member Time Allocation Key Responsibility Project Manager 100% To Overlook project team activities, Manage resources and take responsibility for project performance External Consultant 100% To consult the project team with Product repositioning plan and guide for project success Key Account Manager (Advertising Agency) 50% To coordinate with Project team to create advertising campaign for repositioned Mobile-broadband product Finance Manager 20% To help project manager in utilizing project budget and monitor project costing Project Team admin 40% Coordinate routine work of project team , arrange communication and manage administrative task IT Executive 40% To help project team with relevant IT infrastructure Project Termination The project 3G will be terminated if the desired outcome is successfully achieved. On the other hand, the project could be also canceled prior to the achievement of project objectives. Following possible criteria could be considered to review termination of Project 3G Table5.0 Project Termination Criteria Termination Evaluation Criteria Possible Tools for evaluation Possibility of economic / technical success Market Research , Profit Loss analysis, Value analysis Return on Investment /Profitability/Market Potential Market Research , Profit Loss analysis, Value analysis Growth in project expenditure Budgeting , Expenditure variance analysis Changing competitive environment/Market/Customers Marketing intelligence Technical Issues Poor IT competency in organization Competing project within organization /Department investment performance analysis, Organization project reviews Project Delays Project Implementation plan analysis Model adopted from Dean (1968), Cited in McKee et al. (2009) Financial Consideration Estimated financial proposal is shown below based on objective and task budgeting method. Table 6.0 Financial Consideration for Project 3G Description Cost Project management team building activity $ 1,500.00 Hiring marketing consultant $ 5,000.00 Hiring of Advertising Agency $ 8,000.00 New project team office $ 4,000.00 New project management software implementation $ 2,000.00 Purchase of personal computers and servers for project team $ 6,500.00 Administrative Cost $ 3,500.00 Other Expenses $ 2,500.00 Contingency Expenses $ 4,500.00 Total $ 33,000.00 Project Monitor and Control Project monitoring and control should be a continues process during the entire project to maintain an efficient and effective workflow throughout the project progress (Cooper et al, 2005). Project manager will conduct review with the team which is explained below. Review Meetings Every Monday of the week the project manager will conduct meeting to review the project progress against the scheduled deliverables. Project team will use the following agenda for the project meeting scheduled every week. Description of the development of project tasks Budget, time management and performance evaluation Project related risk issues Project performance Project team could utilize a project dashboard integrated with traffic light system (TLCS) to monitor current status of project and enable the team to make decisions. Further monitoring can be done through progress check and variance analysis. Progress check will be used to monitor time related activates (Refer Gantt Chart) and variance analysis to monitor KPIs of Project 3G. Project Dashboard Project dashboard will be used constantly monitor KPI time, budget and performance, which could be evaluated using the TLCS. The task is evaluated against the deadline of the key tasks scheduled (Refer Gantt chat). TLCS monitor and control the project in the manner which is indicated task, KPI. Figure 10.0 below illustrates TCLS Figure 10.0 Examples of TCLS Task KPI Percentage Complete New Channel Distribution Appoint 25 New distributors 25% 50% 100% A task will be preceded only after successfully completing the earlier task which lays a foundation for the following tasks. Green signal will provide the sign for project team to move to next task. This method acts as a possible monitoring control mechanism. Further activities indicate in red and amber. TLCS help evaluate and take corrective action for proceeding. In each review meetings a report will be produced and forwarded to senior management informing the current progress of the project 3G. Project Evaluation Project evaluation will be the final activity of Project 3G evaluating the success/failures of the project. Project 3G will be evaluated by compiling of a project report to the organization as a guideline for future projects. Project evaluation will be conducted against the achievement of project objectives identified before highlighting key activities under taken to achieve the project objectives. Project Report will include the following details Project team Selection Training and Development of project team Reposition of Dialog Mobile-broadband Creating successful awareness to new segment Risks identifications for Project-3G Review and Control for Project-3G 5.0 Risk Management 5.1 Introduction Risk is key part of project process, it is important for project team to identify, assess and mitigate the risks as they may cause delay in achieving project objectives. This section of the report provides guidelines about risk management by identifying the likely risks associated with the proposed Project-3G and plan to prioritize and mitigate such risks. Gardiner (2005) highlights risk management that can be divided into two phases: risk assessment and controlling risk. Project team identifies, assess and control risks to adopt below process to overcome the identified risk (Refer Diagram 11.0). Figure 11.0 Proposed Risk Management Process for Project 3G Model Adopted From (Chapman and Ward, 2003) 5.2 Risk Identification This will be the initial phase of risk management process. In this phase project team will assess the possible risk which could occur in terms to Project-3G, therefore, following risks identification methods will be utilized to assess the possible risk Brainstorming Sessions In this session, members brainstorm the likely sources of risks and types of risks. This method enables all the members to contribute ideas from their perspective and experience in previous activities. Team Briefings The project manager will brief the possible risk and make the project team is aware of possible risk and proactively involve the team members towards risk identification process. This will be specially aimed at identifying risk while brainstorming session also will help to solve such risk issues. SWOT Analysis SWOT analysis enables the project team to identify the risks, which will emerge from the internal and external environment. 5.3 Risk Assessment Risk Ranking The risks are identified and ranked will be eliminated to complete the project successfully. Table 7.0 Risk Identification and Risk Ranking No. Risk Identified Identification method Risk Level Impact Level Score 1 Personal Availability Team Briefing 2 3 6 2 Delay in Mobile-broadband reposition Team Briefing 3 3 9 3 Existing Distributors and Retailers Leaving Risk Reviewing 3 3 9 4 Delays in resource acquisition Team Briefing 3 2 6 5 Member Conflicts Team Briefing 2 3 6 6 Poor Performance Team Briefing 2 2 4 7 Top Management Interference Team Briefing 2 2 4 8 Lack of team co-ordination Team Briefing 2 3 6 9 Inadequate Financing SWOT Analysis 3 3 9 10 Lack of Information SWOT Analysis 1 3 3 11 System Failure Risk Reviewing 2 3 6 12 Role Ambiguity Team Briefing 1 1 1 13 Scope Creep Team Briefing 2 3 6 14 Time Elapsing Team Briefing 3 3 9 15 Consultant Lacking Motivation Team Briefing 3 2 6 Risk Assessment Table 7.0 explains sources of risks are assessed in the form matrix. Following risk assessment matrix will be used to categorize the risk and plan accordingly (Refer Diagram 12.0). Scale: 6 9 critical risks would impact the project adversely (high priority) Scale: 3- 4 medium level risk (controllable) Scale: 1- 2 low risks and will be overlooked (low priority) Risk Assessment Matrix Impact Low (1) Medium (2) High (3) Probability Low (1) 1 2 3 Medium (2) 2 4 6 High (3) 3 6 9 Model adopted from (Mind tools, 2007) Evaluating risk assessment matrix, it is evident that internal factors have derived the most critical scores because it is a short term project. The analysis indicates; resource, capability issues, and proper project planning and communication which are drawbacks ranked as the most critical. Lock (2007) suggests it is useful to categorise risks which could occur in different phases of project life cycle to correctly set the risk control mitigation processes upfront. Further to his statement the following table is prepared and categories risk in project life cycle (Refer table 8.0) Table 8.0- Possible risk in Project life cycle Project Life Cycle (Stage) Risk Initiation Inadequate resource funding and top management interference. Planning In-proper feasibility study, Inadequate planning resource allocation resource. Execution Project team conflicts, team member leaving, Poor performance, Lack of coordination, Inappropriate information, Role ambiguity within project team, project scope creep, Consultant lacking motivation. Final Improper planning of prject implementation Further analyzing the risk factors in project life cycle, Risk identified in the initial stage will have to be fully mitigated by the project team and risks expected in implementation and final stage has to be mitigated as an overall team effort. Most critical risks summarized above will emerge from the internal environment and will threaten to the achievement of- performance budget, and time. 5.4 Risk Mitigation Risk mitigation section of this report provides guidelines to control mitigate the risks identified above and conduct risk assessment. Following risk mitigation process includes risk response planning, re-solution and finally risk monitoring and control Project team could utilize the following risk mitigation method to overcome risk on time for effective implementation of Project 3G Contingency Planning Contingency plan will address different course of actions which has to be taken by team if a prioritized risk occurs. This plan will include alternative set of task, resource allocations and alternative timeline for project task (McKee et al 2009). Table 9.0- Risk Mitigation Plan Risk Mitigation Approach Personal Availability Backup staff needs to be planned upfront to mitigate conflicts in personal availability Delay in mobile-broadband reposition Activities have to be highly monitored against the deadline, any delays out sourcing can be done to mitigate delays in launching the reposition product Existing Distributors and Retailers Leaving Appointing new retailers can harm relationship of existing retailers as channel conflict , there for proper communication and new partner program needs to be addressed properly Delays in resource acquisition Monitor purchasing requirement constantly and updating the relevant department upfront Member Conflicts Proper team development needs to performed and mentoring by the consultant/project manager. Poor Performance Motivate the project team staff and encourage their performance for better implementation of prject-3G Top Management Interference Top management needs to be constantly informed of on the project progress stating the importance of product management Lack of team co-ordination Internal marketing and transparent operations Inadequate Financing Allocation of $ 4,500 is made a contingency budget for the project Lack of Information Establishment of CRM, product management system, MKIS system and new processes System Failure Establishment of continues data backup and security Role Ambiguity Proper delegation of team role and address individual responsibility by the project manager Consultant Lacking Motivation Proper constant interaction and communication needs to planned to get the most from the consultant Time Elapsing Allocate additional month as a contingency plan for time Scope Creep Proper establishment of in scope document briefing the team members on the project boundaries Scenario Planning Scenario planning could be used as effective tool to overcome risk identified above. With the help of project team different scenario planning could be drafted develop to mitigate the risks. By conducting scenario it could help the team adapt any changes that could occur and mitigate the risks at different stages of project life cycle? Accepting the Risk It is important for project team to accept the risk level to better plan mitigation approach; furthermore possible risk acceptance will be important in facing internal and external environment emerged risks such as the changes in consumer behavior and wider macro environment. The high level of risk taken will return higher benefits for the project team. Sharing the Risk The risks identified for the project can be shared among the project team members in-charge to overcome the issue. This allows the project team to have clear sub division of risk into manageable levels of risk rather than tackling the risk without improper risk planning. Sharing the risk among team members and management relevantly allows the risk to be managed properly. Following Table 10.0 will highlight the Risk reviewing action planning and team responsibility to eliminate risk identified above in Table 2.2 Table 10.0- Possible risk in Project life cycle Risk Identified Action to be taken Responsible Person Personal Availability Plan for staff backup Project manager Delay in Mobile-broadband reposition Monitor progress and plan for alternative activities Product manager Existing Distributors and Retailers Leaving Plan for existing retailer communication program Brand manager Delays in resource acquisition Overlook acquisition progress and allocate finance on time Project Manager, Finance manager Member Conflicts Communicate staff role in project 3G Project manager Poor Performance Motivating team and identifying needed skills Project manager Inadequate Financing Allocate finance on time Project Sponsor System Failure Plan for data backup and security IT executive Scope Creep Distribute project scope activities Project manager Consultant Lacking Motivation Constantly communicate with external consultant Project manager 5.5 Risk Monitoring and Controlling This process of identifies, analyze, plan and control to manage risks. Elyse (2007) suggest constant risk monitoring and due diligence is key to the success for better project management. Throughout the process, the risk owners are responsible for identified risk and implement risk response plans. Risk Monitoring Effective risk monitoring is important and it will allow project team to properly overcome risks timely manner. To monitor risk effectively a systematic ongoing approach is important to put in place by project manager. Further the use of review meeting will allow the team to risk monitoring and control. Moving forward documentation of current level of risk occurred against the expected risk level will provide a possible solution for the project team to manage risk on time. Risk Controlling Final phase of risk management process is to control and manage risk in project management, Training To control risk effectively and to overcome risk D-GSM needs to train the project team to identify, manage and mitigate risks. Risk training for team members should be prioritized by project manager. Further this training program should improve skills to manage and mitigate risk and this tool should be managed as a continuous process. Leadership and risk culture The project manager should have leadership quality in managing risk and motivating employees to manage risk, further project manager should be able to implement a risk managing culture within employees to motivate to achieve project goals successfully. Risk Log A risk log mostly used in project management to update the risk incidence and will help the assessed risks. The risk will be updated as and when it is identified. Moreover, recorded risks will be used for future reference. This log will be maintained throughout the project life cycle. 6.0 Operational Implication for Not Implementing Proposed Recommendation It is important for management to alternatively evaluate implication of not implementing the proposed project. Direct and indirect implications could be expected by not implementing the proposed project. Direct implications are mobile-broadband product decline, loss of revenue and market share, while indirect implications to current product management which will harm the organization market position, organizational reputation and impact on other products. 6.1 Direct Implication for Not Implementing Project 3G Loss of Revenue Dialog mobile-broadband accounts to 20% of organizational revenue in 2011, Further should product decline as per the forecast revenue contribution will impact 20% loss in 2013 financial year Table Do Nothing Year 1 Year 2 Year 3 Sales Forecast Do nothing to the product $120,000.00 $100,000.00 $80,000.00 Total Cost of Sales at 40% of Incremental Sales revenue $48,000.00 $40,000.00 $32,000.00 Gross Profit at 60% of Incremental Sales Revenue $72,000.00 $60,000.00 $48,000.00 Present Value (at 10%) $65,454.55 $49,586.78 $36,063.11 Key Findings of NPV Analysis The trend of sale of DO NOTHING shows the risk of the product will decline to half in year 3 and to zero in year 6. So it reveals the importance of periodical repositioning of the product. Product Decline If this product (Mobile-broadband) is not repositioned by 2012, D-GSM could face product decline. This could damage the goodwill and loose its leadership. Loss of Market Share This product has the potential to increase present market share. STP strategy for this product is currently outdated thus leads this product to decline the market share. The marketing audit (Refer Appendix B -), declining trend of market share is forecasted in the following diagram. 6.1 Indirect Implication for Not Implementing Project 3G Loss of Market Leadership D-GSM is positioned as a market leader in telecommunication sector for introducing new products and services to market. Further poor product management and decline profitable of mobile-broadband offering of D-GSM will tarnish the image of being a market leader among stake holders will have an adverse effect over the organization. Organizational Reputation D-GSM is a well-known organization for introducing innovative technology in telecommunication sector, Poor efficiency in product management will not enable the organization to introduce products and manage existing product, Therefor by not implementing the proposed recommendations D-GSM could lose reputation of being an innovative telecommunication vendor in the industry. Impact On Other Products Implementing the proposed recommendation is important have better product management within the organization, by not implementing a PPMS product management team will face problems with regard to inappropriate resource and financial allocation to the overall product portfolio where in long term it will face problems to the organization. 7.0 Conclusion In Conclusion, this assignment emphasizes the importance of training and development and additional financial allocation for product management. Further this report suggests guidelines for project team to execute and mitigate risks which could arise for the proposed project. Risk mitigation flowchart is recommended. Critical analysis highlights recommendations for product repositioning of mobile-broadbandto increase product performance and suggestions to improve product management by implementing product management team, product portfolio and finally marketing information system. Based on the recommendation, mobile brand reposition was considered for the current project. Costing tools such as NPV analysis is used to evaluate the investment appraisal. From this analysis key finding suggests reposition will pay back the entire investment within first year. This analysis proposes the significance that by not implementing this project, mobile-broadband product line could decline in seven years time. This reveals importance of repositioning of the product.
Wednesday, May 6, 2020
Name- Htet Hlaing Hmee ( 1207C20609 ) Period- 1 Life of Pi Novel Proposal Theme- The Nature of Suffering Argument A Point 1- Pi canÃ¢â¬â¢t imagine a God who suffers Quotation- Ã¢â¬Å"This son, on the other hand, who goes hungry, who suffers from thirst, who gets tired, who is sad, who is anxious, who is heckled and harassedÃ¢â¬ ( 91 ) Point 2 Ã¢â¬â Pi stops when heÃ¢â¬â¢s working out the immediate detail of survival. Quotation Ã¢â¬â Ã¢â¬Å"I was either fixed on practical details of immediate survival or transfixed by pain, weeping silently, my mouth open and my hands at my head. Ã¢â¬ (169) Point 3- The worst night of his life Quotation- Ã¢â¬Å"It is pointless to say that this or that night was the worst of my life. We will write a custom essay sample on Period- 1 Life of Pi Novel Proposal Theme or any similar topic only for you Order Now I have so many bad nights to choose from that IÃ¢â¬â¢ve made none the champion. Still, that second night at sea stands in my memory as one of exceptional sufferingÃ¢â¬ ( 188 ) Argument B Point 1- Suffering grief becomes carnivorous Quotation- Ã¢â¬Å"They were dead; I could no longer deny it. What a thing to acknowledge in your heart! To lose a brother is to lose someone with whom you can share the experience of growing old, who is supposed to bring you a sister-in-law and nieces and nephews, creatures to people the tree of your life and give it new branches. ( 194 ) Point 2 Ã¢â¬â Orange JuiceÃ¢â¬â¢s suffering to proportions Quotation- Ã¢â¬Å"She was beheaded. The neck wound was still bleeding. It was a horrible sight to the eyes and killing to the spirit. Ã¢â¬ ( 201 ) Point 3- Realizes his suffering is taking place in the middle of an ocean Quotation- Ã¢â¬Å"I saw my suffering for what it was, finite and insignificant, and I was still. My suffering did not fit anywhere, I realized. And I could accept thisÃ¢â¬ (269) Argument C Point 1- No escape for poor Pi. Quotation- Ã¢â¬Å"Salt-water boils Ã¢â¬â red, angry, disfiguring Ã¢â¬â were a leprosy of the high seas, transmitted by the water that soaked meÃ¢â¬ ( 389 ) Point 2- PiÃ¢â¬â¢s suffering drives him Quotation- Ã¢â¬Å"I ate some of his flesh. I mean small pieces, little strips that I meant for the gaffÃ¢â¬â¢s hook that, when dried by the sun, looked like ordinary animal fleshÃ¢â¬ ( 386 ) Point 3- Pi turns to God at one of the points of his Pacific crossing Quotation- Ã¢â¬Å"The lower you are, the higher your mind will want to soar. It was natural that, bereft as I was, in the throes of unremitting suffering, I should turn to God. Ã¢â¬ ( 428 ) How to cite Period- 1 Life of Pi Novel Proposal Theme, Essay examples
Friday, May 1, 2020
Question: Discuss about the Consumption in College Students. Answer: Introduction: Market research via electronic means has become the most common way for businesses to handle consumers and customers airing out their varying opinions (Libaiet al, 2013). Apparently, the social media platform has becomes one of the most used advertising resources that are being used by business. In that case, a research should be done on how the platform is fairing especially when it comes to dealing with products which are not very popular to the consumers because of their health effects like energy drinks(Attila et al, 2011). Red bull energy drink Australia is a beverage that contains high concentrations of caffeine but no contents of alcohol. Red bull Australia has recently become one of the main beverages being used by people in Australia and therefore becoming popular and famous. However, the marketing trends and methods of the businesses producing the drink are currently limited (Cha et al, 2010). To earn some profit, the businesses have been focusing on advertising and promoting the drinkin tweeter platform through videos, tweet statements, links etc. This report gives an account of the research that was conducted. Interpreting the marketing strategy of Red bull Australia and providing managerial implications. The objective for the research included: To identify the type of tweets or information that the red bull energy drink posted in their tweeter account. The scope of the study was limited to the Red bull energy drink only. The study revolved around what the drinks information posted on its twitter account and the responses that the consumers gave. The study also focused just on the marketing of the drink and the consumers around Australia only. The study concentrated on the latest 100 tweets only out of all the total number of tweets that were received in Red bullstwitter account in the year 2017. These tweets represented the direct replies, retweets, referral linksand hashtags among other things. The tweets were downloaded from the account and presented for the study. The analysis of the tweets was done by first categorizing the tweets into six main categories and two other categories. The data gotten from the categories was certainly in form of qualitative data. It was analyzed by use of graphs which ended up showing the percentage of each category out the total number of tweets. As mentioned earlier, the marketing of energy drink is becoming a popular norm in the state of Australia simply because of the limitations accompanying advertising responsibility and increased close competition from other energy producing companies (Australian Beverages, 2017). According to Chambers, 2014,Red bull being one of the most uprising and popular energy drinks in Australia, seemed to be working its way up the market because of the positive vs negative effects of twitter advertising platform. The responses that t received from the customers represented different ideas, feeling and opinions in regard with the drink itself and other related aspects of the drink (Yunusa et al, 2011). According to Cotelo et al, 2016, the following tweets are some of the tweet categories: the commercial tweets which are those tweets that contain messages to do with business development or growth verses non-commercial tweets which are those tweets contain messages that are beyond business dealings and promotions. Cessation tweets (tweets that contain messages with a final decision), embedded tweets (tweets that bring out ones own content or idea to a twitter account. This is according to Tare et al, 2014), promotional tweets which are those that are used in promoting or reaching a certain market or consumer group and pro-energy tweets which are the tweets that represent the real time message or idea of an individual. However, there are many other ways of classifying consumer response tweets, e.g.: positive vs negative tweets, emotional tweets, factual tweets, positive vs negative verses negative and emotional tweets among other aspects. The categories that were used in the research study were the six main categories and the other classification which was whether the tweet was negatively, positively or emotionally tweeted. Categorizing Criteria Another criteria for categorizing some of the tweets that were listed in the study was the positive vs negative verses negative and emotional tweets. The positive vs negative tweets are those tweets that are said to be agreeing with the main tweet. Positive tweets support the main tweet in the website while the negative tweets go against the main tweets message. Also, they were mostly the tweets that always made sense when read. The emotional are meant to express the customers emotional feelings about the topic or the message in the main tweet. Emotional tweet can be either joyous, exciting, sad or motivational (Jansen et al, 2009). The analysis showed that the product promotional tweets represented 22% and 78% represented the other aspects.Commercial tweets was represented by 18% product commercial, 10% event commercial, 12% news commercial and completely 60% different commercial aspects. Non-commercial tweets were represented by8% event, 11% news, 32% othersand 60% different non-commercial aspects. Embedded tweets were represented by 17% hashtags, 8% company web link and 75% other aspects. Cessation tweets were represented by 71% neutral, 24% positive and 5% other aspects. Pro-energy tweets were represented by 10% actual pro-energy tweets and 90% other aspects.Positive vs negative tweets were represented by 76% and 24% respectively. Emotional tweetswere represented by 5% joyous, 5% sadistic, 5% excitement, 8% motivational and the emotionless tweets took 77%. These results are certainly derived from the raw data in the twitter account and graphs below. Through Redbull Australias twitter account, it can be concluded that they are mostly promoting sports or music events rather than focusing on the brand as an energy drink. The account is active in terms of responding to their customers and by re-tweeting, however they are not engaging in a dialogue or generating any buzz. The content posted as tweets is mostly about promoting their website and gaming events. The internal team at Redbull Australia should be advised to improve their account page by creating more buzz around the brand and engaging with followers(Saxton and Waters, 2014). They should be thorough with their research. Conclusion It is clear that tweets can be divided into six main different categories. Also, the study showed that one can categorize consumer tweets responses in many different ways. This helps the drink to know what its consumers think about drink. However, most of the above categorized tweets hadpositive and negativereactions to the study that was conducted byredbull energy drink. The information in this report also concluded that the drink isgrowing its market and that its marketing management is becoming effective and efficient. Refernces Attila, S. and akir, B., 2011. Energy-drink consumption in college students and associated factors.Nutrition,27(3), pp.316-322. Yunusa, I. and Ahmad, I.M., 2011. Energy-drinks: composition and health benefits.Bayero journal of pure and applied sciences,4(2), pp.186-191. Cha, M., Haddadi, H., Benevenuto, F. and Gummadi, P.K., 2010. Measuring user influence in twitter: The million follower fallacy.Icwsm,10(10-17), p.30. Gunja, N. and Brown, J.A., 2012. Energy drinks: health risks and toxicity.Med J Aust,196(1), pp.46-49. Jansen, B.J., Zhang, M., Sobel, K. and Chowdury, A., 2009. Twitter power: Tweets as electronic word of mouth.Journal of the Association for Information Science and Technology Management,60(11), pp.2169-2188. Australian Beverages, 2017. Energy Drinks. [Online] Australian Beverages. Available at: https://www.australianbeverages.org/media-centre/energy-drinks/ [Accessed 26 Aug. 2017]. Libai, B., Muller, E. and Peres, R., 2013. Decomposing the value of word-of-mouth seeding programs: Acceleration versus expansion.Journal of marketing research,50(2), pp.161-176. Palmatier, R.W., 2017. Marketing research centers: community, productivity, and relevance.Journal of the Academy of Marketing Science,45(4), pp.465-466. Chambers, R. (2014). Red Bull doesn't give you wings, settles misleading ads case - AdNews. [Online] Adnews.com.au. Available at: https://www.adnews.com.au/news/red-bull-doesn-t-give-you-wings-settles-misleading-ads-case [Accessed 28 Aug. 2017]. Stephen, A.T. and Lamberton, C., 2016. A thematic exploration of digital, social media, and mobile marketing research's evolution from 2000 to 2015 and an agenda for future research.Journal of Marketing. Tare, M., Gohokar, I., Sable, J., Paratwar, D. and Wajgi, R., 2014. Multi-class tweet categorization using map reduce paradigm.International Journal of Computer Trends and Technology (IJCTT),9(2), pp.78-81. Cotelo, J.M., Cruz, F.L., Enrquez, F. and Troyano, J.A., 2016. Tweet categorization by combining content and structural knowledge.Information Fusion,31, pp.54-64. Saxton, G.D. and Waters, R.D., 2014. What do stakeholders like on Facebook? Examining public reactions to nonprofit organizations informational, promotional, and community-building messages.Journal of Public Relations Research,26(3), pp.280-299.
Saturday, March 21, 2020
Globalization: Chinese Culture Essay Some people argue that globalization has made some cultures perish. Do you think globalization will have the same effect on Chinese culture? Does globalization have a positive or negative effect on Chinese culture? Why? Generally speaking, what are the advantages and disadvantages of globalization? |The development of globalization has changed the whole world in every aspect. Not only does it | | |effect the economy and politics, but the culture of different countries. During the process, | , , |oriental culture has radiated new vitality and displayed extremely bright prospect. After the |, , | |long cultural division and reunion, Oriental cultural re-found its position. The prospective | , | |Oriental culture will give full play to its merit that emphasizes the spiritual culture, and |, , | |will continuously enrich and improve itself and thus finally to achieve its position in future | | |world culture. | | |Some experts say that globalization has brought about a multi-cultural world, and because of the|, , | |superiority of the Occident race, the dominant culture may be led by western countries and gives| , , | |a huge attack to other cultures. At that time, the human beings will enter a period of | , | |stagnation . Then the globalization may not eliminate the conflicts between nations and |, , | |nationalities. In some cases, it may intensify the condition. So protecting oriental culture is | , , , | |very urgent. And as the representative of oriental culture, we are lucky that some of Chinas | | |ancient culture, especially the thoughts are well remained, and now swings the world with | , , , | |Confucianism which can make the whole world more harmonious. | 17? 18 , | |In the past, Greece had Socrates and Plato while China had Confucius and Laozi. We will write a custom essay sample on Globalization: Chinese Culture specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Globalization: Chinese Culture specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Globalization: Chinese Culture specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Their thoughts | , | |have become the main spiritual treasure in the history of human beings. In the 17th and 18th | , , | |century, western countries had absorbed the Indian and Chinese culture, at the same time, | , , | |Chinese culture had developed and up-dated rapidly with the effect of the foreign culture. For | :Ã¢â¬Å" , | |example, we all know that the main philosophy in the East is the Confucianism. Confuciuss | Ã¢â¬ , |theory considers the characters cultivate and calls for people to show their humanness. | , , | |Confuciuss remarks are well-known in the world. He said therefore you unbar on the journey on | , , | |revenge, dig two graves. These remarks make a point of warning people that everyone should know| , ,? Ã¢â¬Å" , | |how to build up a good relationship with others. Moreover, based on the careful observation, the|, , Ã¢â¬ , | |experts of China come into a conclusion that there are three types of Confucianism. The first |? , ,.. | |one is exclusive reverence of Confucianism, then is the complementation of Confucianism and | | |Taoism, such as the idea of in obscurity, scholars would maintain their own integrity; in times| , | |of success, they would make the whole empire perfect . The third one is to combine | , | |Confucianism, Buddhism and Taoism into one. Most of them have widely accepted and learned by | | |different nations.. | , , | | | , , | |Another important philosophy is Taoism . It reflects the peoples way of life that embodies their| , , , ,| |yearning to be in harmony with nature and try to get the inner peace gradually. The theory of | , | |Taoism can adjust the relationship between nature and human. On the other hand, it offers a good| , |method to release the contradiction between human and environment, even among different ethnic | , | |groups. That is why Chinese culture still takes a great place in the world. There is no need | , , | |denying that Confucius belongs to China, and also belongs to the world. In the eastern world, | , , ,| |there are some other cultures, such as Hinduism, which is the oldest surviving religion, which | | |contributed the concept of Dharma and served as the origin of the Dharma religions, and Islam | | |the majority of the world Muslim population have always lived in Asia, due to the influence | ,? | |of the Islamic civilization. The world is notably characterized by diversity because of their | | |existence. | , , | |Actually, China and the east world have lost and gained many things from globalization. When | , | |lots of people consider the globalization as Americanization, China is influenced by the | | |tendency. When we walk in the street, we can find KFC or McDonald. They caused a notable impact | | |on the conventional food industries . Most people appreciate the products which are made by | , | |Korea, Japan, or USA. The result is the domestic capital has out flown into other countries . Not| ,| |only do the western products influent our life, but also their values. This is an obvious | , , | |difference. Individualism and Collectivism are central to all the cultural values. China belongs| , | |to the collectivist culture while the United States belongs to the individualist culture. But | , | |what we have to consider is not try to eliminate these distinctions, but to find a way to | | |combine them. And there is a typical example to prove my view. | | | | , Ã¢â¬Å" | |China has nearly several thousand years history in architecture and wood construction is the | Ã¢â¬ , , |main form in building. But nowadays, timberwork builds bright still humanness to see. Why? | , , , (? | |Because this ancient architecture culture has be greatly replaces by steel structure which | ) | |derived from western culture. We can not deny that the Reinforced Concrete Brick Structure | , | |offer much convenience to our life, but when we learn from the more advanced culture, should we | | |pursue it at the expense of our own precious traditional culture? | | | , , , | |But the western architectural style which is brought by globalization really have a good effect | , | |on o ur traditional architectural style. I have read a passage which analyzes how does an | , , | |architect build adjacent to a world heritage site. Too often, the answer lies in overstatement,| | |though not for I. M. Pei. Modesty of scale and materials, born of sparseness, prescribed limit, | | |and simplicity, mark the Suzhou Museum. The person (Ieoh Ming Pei) I mentioned above is a famous| | |American Chinese architect. As the last master of modernism architectural style, he designed the| | |Suzhou Museum which connects the western and eastern style very well. You can feel the harmony | | |in his building art. | | | | |So, Chinese culture, even Oriented Culture just belongs to one of the Multicultural, and we | | |should give it a proper status. We have to exclude the old and wrong part, and absorb the | | |advanced factors, then our culture can adapt to the globalization better and better. | | | | | | | |Advantages and Disadvantages of Globalization |Some Disadvantages | |Some Advantages | | |Increased free trade between nations |Increased flow of skilled and non-skilled jobs from | |Increased liquidity of capital allowing investors in developed nations to invest in developing |developed to develop ing nations as corporations seek out the| |nations |cheapest labor | |Corporations have greater flexibility to operate across borders |Increased likelihood of economic disruptions in one nation | | Global mass media ties the world together |effecting all nations | |Increased flow of communications allows vital information to be shared between individuals and |Corporate influence of nation-states far exceeds that of | |corporations around the world |civil society organizations and average individuals | |Greater ease and speed of transportation for goods and people |Threat that control of world media by a handful of | |Reduction of cultural barriers increases the global village effect |corporations will limit cultural expression | |Spread of democratic ideals to developed nations |Greater chance of reactions for globalization being violent | |Greater nterdependence of nation-states |in an attempt to preserve cultural heritage | | Reduction of likelihood of war between developed nations |Greater risk of diseases being transported unintentionally | |Increases in environmental protection in developed nations |between nations | | |Spread of a materialistic lifestyle and attitude that sees | | |consumption as the path to prosperity | | |International bodies like the World Trade Organization | | |infringe on national and individual sovereignty | | |Increase in the chances of civil war within developing | | |countries and open war between developing countries as they | | |vie for resources | | |Decreases in environmental integrity as polluting | | |corporations take advantage of weak regulatory rules in | | |developing countries | | | | Do you think the benefits brought about by economical globalization are equally distributed among countries? While the world as a whole has benefited from globalization, there are negative and marginalizing aspects of globalization. These are what have led to a backlash, as reflected to a certain extent in the demonstrations by civil society accompanying recent international conferences, and by increasing expressions of dissatisfaction at the governmental level. 1. Unbalanced Distribution of Benefits: Between Countries. The first negative aspect of globalization is that its gains are not equally distributed, both between and within countries. Examples of the badly skewed distribution among countries of the benefits of globalization can be gleaned from the following data from the period1980 to 1997: While world per capita income increased, per capita income contracted in fifty nine countries, widening income disparities. Exports of goods and services grew at less than 5% annually in 46 countries, and at less than 1% a year in 9 countries. Within Countries. The benefits of globalization are also badly skewed within countries, both developing and developed. Income inequality is rising in many countries, particularly in the OECD countries. Worse, job and income insecurity is increasing, particularly for unskilled labor, although corporate restructuring has also meant job insecurity for professionals. Within developing countries, the increased world agricultural prices expected to result from the Uruguay Round should benefit those in agriculture. The urban poor will suffer when food prices rise, but will gain from employment in new export industries. Young women hired by multinationals are likely to benefit most Ã¢â¬â their incomes increase, with a concomitant increase in their household status. Consumers also gain from the reduction in local prices due to increased competition from abroad.
Thursday, March 5, 2020
Funny Good Morning Quotes to Wake up Smiling To The alarm goes off. You put it on snooze, trying to grab some shut-eye for the last time. And then you wake up with a start, as you realize that you are already late for work. Does this scenario sound familiar?Ã Many of us wake up every day under a dark cloud. We sleepwalk through the morning routine of bath and breakfast. Even after getting fully dressed, we look longingly at the bed.If its typical for you feel woozy and barely able to open your eyelids before your morning dose of caffeine, read these funny good morning quotes and start your day with smiles and giggles. A hearty laugh can fill you up with enough endorphin to recharge you for the day ahead. Famous Morning-Themed Quotes Winston ChurchillI may be drunk, Miss, but in the morning I will be sober and you will still be ugly.Robert FrostThe brain is a wonderful organ; it starts working the moment you get up in the morning and does not stop until you get into the office.William FeatherEarly morning cheerfulness can be extremely obnoxious.Steven WrightI got up one morning and couldnt find my socks, so I called Information. She said, Hello, Information. I said, I cant find my socks. She said, Theyre behind the couch. And they were!:Bob DoleYou feel a little older in the morning. By noon I feel about 55.Dale EarnhardtI woke up this morning, and I still donÃ¢â¬â¢t believe I won the Daytona 500.Henry David ThoreauThere is no snooze button on a cat who wants breakfast.Groucho MarxOne morning I shot an elephant in my pajamas. How he got into my pajamas IÃ¢â¬â¢ll never know.Benjamin FranklinI wake up every morning at nine and grab for the morning paper. Then I look at the obituary page. If my name is not on it , I get up. Will RogersThe man with the best job in the country is the vice-president. All he has to do is get up every morning and say, How is the president?Mitch HedbergI recently took up ice sculpting. Last night I made an ice cube. This morning I made 12, I was prolific.Steven WrightWhen I woke up this morning my girlfriend asked me, Did you sleep good? I said No, I made a few mistakes.Bill GatesJust in terms of allocation of time resources, religion is not very efficient. ThereÃ¢â¬â¢s a lot more I could be doing on a Sunday morning.Henry David ThoreauI have a great deal of company in the house, especially in the morning when nobody calls.Rodney DangerfieldMy mother had morning sickness after I was born.Rodney DangerfieldThis morning when I put on my underwear I could hear the fruit-of-the-loom guys laughing at me.Colin PowellIt ainÃ¢â¬â¢t as bad as you think. It will look better in the morning.Frank SinatraI feel sorry for people who donÃ¢â¬â¢t drink. When they wake up in the morning, thatÃ¢â¬â¢s as good as theyÃ¢â¬â¢re going to feel all day. Lyndon B. JohnsonIf one morning I walked on top of the water across the Potomac River, the headline that afternoon would read: President CanÃ¢â¬â¢t Swim.Jim CarreyThatÃ¢â¬â¢s the trouble with being me. At this point, nobody gives a damn what my problem is. I could literally have a tumor on the side of my head and theyÃ¢â¬â¢d be like, Ã¢â¬ËYeah, big deal. IÃ¢â¬â¢d eat a tumor every morning for the kinda money youÃ¢â¬â¢re pulling down.Ã¢â¬â¢Ray BradburyEvery morning I jump out of bed and step on a landmine. The landmine is me. After the explosion, I spent the rest of the day putting the pieces together.Jeff FoxworthyMy father-in-law gets up at 5 oÃ¢â¬â¢clock in the morning and watches the Discovery Channel. I donÃ¢â¬â¢t know why thereÃ¢â¬â¢s this big rush to do this.Gabriel Garcia MarquezThe problem with marriage is that it ends every night after making love, and it must be rebuilt every morning before breakfast.Ozzy OsbourneSomebody said to me this morning, Ã¢â¬Ë To what do you attribute your longevity?Ã¢â¬â¢ I donÃ¢â¬â¢t know. I mean, I couldnÃ¢â¬â¢t have planned my life out better. By all accounts, I should be dead! The abuse I put my body through the drugs, the alcohol, the lifestyle IÃ¢â¬â¢ve lived the last 30 years! Seth MacFarlaneSome of those more out-there jokes were written in the wee hours of the morning. Somehow, they remained funny the next day.Zora Neale HurstonIt seems to me that trying to live without friends is like milking a bear to get cream for your morning coffee. It is a whole lot of trouble, and then not worth much after you get it.Mick JaggerYou wake up in the morning and you look at your old spoon, and you say to yourself, Ã¢â¬ËMick, itÃ¢â¬â¢s time to get yourself a new spoon.Ã¢â¬â¢ And you do.Carl SandburgIn these times you have to be an optimist to open your eyes when you awake in the morning.Emo PhilipsWhen I wake up in the morning, I just canÃ¢â¬â¢t get started until IÃ¢â¬â¢ve had that first, piping hot pot of coffee. Oh, IÃ¢â¬â¢ve tried other enemas.Bob DoleYou feel a little older in the morning. By noon I feel about 55.Michael J. FoxIÃ¢â¬â¢m going to marry a Jewish woman because I like the idea of getting up Sunday morning and going to the deli.Rose Kennedy Make sure you never, never argue at night. You just lose a good nightÃ¢â¬â¢s sleep, and you canÃ¢â¬â¢t settle anything until morning anyway. Honore de BalzacA good husband is never the first to go to sleep at night or the last to awake in the morning.Robert OrbenEvery morning I get up and look through the Forbes list of the richest people in America. If IÃ¢â¬â¢m not there, I go to work.
Tuesday, February 18, 2020
Freinheit 451 - Term Paper Example The book is an excellent piece that combines enchantment with enlightenment and awakens the imagination of humanity. Fahrenheit 451 is set in the twenty-fourth century and brings up a new environment where the media controls the people, in addition to the problems of overpopulation and censorship. An individual citizen is not readily accepted and the intellectual is seen as an outlaw in that society. In this society, television has taken up the common belief of family ties. The fireman has become an igniter of fire and destroyer of books instead of an insurer against fire and its dangers. Books are seen as evil and illegal because they influence people to think and ask questions about the way things are done in that society. The story begins with an incitement where Montag meets Clarisse McClellan. Montag works as a fireman who burns books for a living. One day as he walks home from work, Clarisse who introduces herself to him approaches him. Clarisse is young, beautiful, and energet ic. She presents herself as an antithesis of anyone that Montag has ever met as she engages in a conversation with him especially in things that Montag has never considered. She is very inquisitive and she ponders about things such as love, happiness and the contents of the books that Montag burns. This character fascinates Montag (Bradbury, 1967). Over the next several days, Montag encounters a series of disturbing events that begin with his wife, Mildred, wanting to commit suicide through swallowing a full bottle of sleeping pills. This is followed by a strange occurrence that he encounters as he responds to an alarm about an old woman who has a stash of hidden books. When he reaches there, the woman stuns him by choosing to be burned along with her books. A few days after this, he learns that young Clarisse has been hit dead by a speeding car. This heightens the dissatisfaction in his life and he begins to find a solution by reading books from the stash that he stole from the fir es he started. When Montag fails to report to work, his manger visits him at his home and explains to him that it is normal for a fireman to wonder what books give and he elucidates how books came to be burned. As Beatty explains, special interest groups and other minority groups laid their objections to books that offended them. Soon, all books were written with intent not to offend any person. He explains that this was not enough and the society as a unit decided to burn books instead of permitting differing opinions from authors. Beatty tells Montag to take 24 hours, read the books, and find out whether they have anything important and then give them off for incineration. This turns Montag into a long and frenzy night of reading (Eller & Touponce, 2004). When he becomes overwhelmed of reading, he turns to his wife for support but his wife prefers television to his company and does not understand why her husband takes the humiliating task of reading the books. When he remembers Pr ofessor Faber, he decided to visit him so that he can help him. Faber tells him that the value of the book is in the awareness of the life in them. He tells Montag that he needs the leisure to read them and the freedom to act upon the ideas of the books and offers to help him read. Faber will contact a printer to reproduce books and Montag will plant them in the residence of firemen to harm the reputation of the profession and destroy censorship. This leads to a completely