Wednesday, December 11, 2019

Bajaj auto free essay sample

The project report entitled Strategic Management Cycle of Baja] Auto Ltd . has been submitted to Gujarat Technological University, Ahmedabad in partial tultlllment tor the award of degree of Master of Business Administration. I the undersigned hereby eclare that this report has been completed by me under the guidance of Prof. Jignasha mam (Faculty Member, Shayona Institute of Business Management, Ahmedabad) The report is entirely the result of my own efforts and has not been submitted either in part or whole to any other institute or university for any degree. Date: Place: Ahmedabad PREFACE As it is always said that if you give some-one theory knowledge it will make person understandwell. But if you give some-one theory as well as practical knowledge then it will help the person to understand and remember that always. In the same way to get practical knowledge,the report which we prepare not only make us understand the various functions but also gives us different vision regarding them and along with it gives us experience of practical assignment and managers work. By preparing report on Analytical Study on Strategic Management Cycle of Baja] Auto Ltd. we have tried to develop skill to understand well and also how to implement theoretical knowledge work. For this we are thankful to Gujarat Technological University for including such a project as practical studies in the syllabus of M. B. A. Acknowledgement The succession completion of this report would not have been possible without co- operation and support of our professor , friends and our institute. We forward gratitude to respected director of our institute. We are heartily thankful to the management for providing us the opportunity to make a study to practical in their organization. We express our sincere thanks to the company who have given us all the information on-line. We are also thankful our professor out with whose help, this becomes possible and who provided full guidance, co-operation and valuable suggestion bout company report. We are also thankful to our college friends and all those who have helped us directly or indirectly in the preparation of this report. Executive Summary In our project we nave conducted a research on now baJaJ auto ltd works By using stretegic management their different moves.. Hence on the basis of the Information we have found out our finding and have done an in-depth analysis on Strategic Management Cycle of Baja] Auto Ltd.. It is followed by recommendations and conclusion. TABLE OF CONTENTS 1 . Objective of SM 2. Introduction of ABC Co. 3. History of ABC co. . Strategic Thinking i. Vision i. Mission iii. Corporate Purpose v. Values: (Standard of Conduct, Law, Employees, Consumers, Shareholders, Business Partners, Community Involvement, Public Activities, the environment, innovation, competition, business integrity etc. ) 5. Strategic Planning i. Strategy adopted by ABC Co. i. Action plan by ABC Co. iii . Responsibilities of ABC Co. CSR (Internal as well as External) iv . Michael Porters 5 Forces analysis v. McKinseys7S Model VI. SWOT Analysts of ABC co. PEST Analysts ViiiBCG MATRIX 6. Analysis of Strategies of ABC Co 7. Strategic Implementation i. Resource Allocation 7. Strategic Evaluation i . Balance Scorecar 1. OBJECTIVE OF SM . Statements of vision tend to be quite broad and can be described as a goal that represents an inspiring, overarching, and emotionally driven destination. Mission statements, on the other hand, tend to be more specific and address questions concerning the organizations reason for being and the basis of its intended competitive advantage in the marketplace. Strategic objectives are used to operationalize the mission statement. That is, they help to provide guidance on how he organization can fulfill or move toward the high goals in the goal hierarchy-the mission and vision. As a result, they tend to be more specific and cover a more well- defined time frame. Setting objectives demands a yardstick to measure the fulfillment of the objectives. If an objective lacks specificity or measurability, it is not very useful, simply because there is no way of determining whether it is helping the organization to move toward the organizations mission and vision. 2. INTRODUCTION OF BAJAJ GROUP : The Baja] Group is amongst the top 10 business houses in India. I s tootprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance. The groups flagship company, Baja] Auto, is ranked as the worlds fourth largest two- and three- wheeler manufacturer and the Baja] brand is well-known across several countries in Latin America, Africa, Middle East, South and South East Asia. Founded in 1926, at the height of Indias movement for independence from the British, the group has an illustrious history. The integrity, dedication, resourcefulness nd determination to succeed which are characteristic of the group today, are often traced back to its birth during those days of relentless devotion to a common cause. Jamnalal Baja], founder of the group, was a close confidant and disciple of Mahatma Gandhi. In fact, GandhiJi had adopted him as his son. This close relationship and his deep involvement in the independence movement did not leave Jamnalal Baja] with much time to spend on his newly launched business venture. His son, Kamalnayan Baja], then 27, took over the reigns of business in 1942. He too was close to Gandhi] nd it was only after Independence in 1947, that he was able to give his full attention to the business. Kamalnayan Baja] not only consolidated the group, but also diversified into various manufacturing activities. The present Chairman of the group, Rahul Baja], took charge of the business in 1965. Under his leadership, the turnover of the Baja] Auto the flagship company has gone up from INR. 72 million to INR. 120 billion, its product portfolio has expanded and the brand has found a global market. He is one of Indias most distinguished business leaders and internationally espected for his business acumen and entrepreneurial spirit. 3. HlSTORY OF BAJAJ AUTO LTD Baja] Auto is a $2. 3 billion company founded in 1926. It is fourth largest two- and three-wheeler manufacturer. Baja] Auto has three plants in all, two at WaluJ and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal. The company is into manutacturing ot motorcycles, scooters and three-wheelers. In India, Baja] Auto has a distribution network of 485 dealers and over 1,600 authorised services centres. It has 171 exclusive dealers for the three-wheeler segment . lt has total 3750 rural outlets in rural areas. The company has opened 11 retail stores for bikes across the country, exclusive for high-end and performance bikes. It has opened these stores under the name in cities like Pune, Nashik, Ahmedabad, Chennai, Hyderabad, Kolkata, Navi Mumbai, Chandigarh, New Delhi, Faridabad and Mangalore. The Baja] brand is well-known across several countries in Latin America, Africa, Middle East, South and South East Asia. It has a distribution network in 50 countries with a dominant presence in Sri Lanka, Colombia, Bangladesh, Mexico, Central America, Peru and Egypt. It has technical tie up with Kawasaki Heavvy Industries of Japan to manufacture latest models in the two-wheeler space. Baja] Auto has launched brands like Boxer, Caliber, Wind125, Pulsar and many more. It has also launched Indias first real cruiser bike, Kawasaki Baja] Eliminator. Baja] Autos has in all three plants, two at WaluJ and Chakan in Maharashtra and one plant at Pant Nagar in Uttranchal, western India. WaluJ Baja] range of motorcycles and three-wheelers Chakan Baja] range of motorcycles Pant Nagar Baja] range of motorcycles Achievement 1945- On November 29 Baja] Auto came into existence as BachraJ Trading Corporation Private Limited. 1948- The company commenced sales in India by importing two- and three-wheelers. 1959- Baja] Auto obtained the licence from the Government of India to manufacture two- and three-wheelers. 1960- The company became a public limited company and conducted Bhoomi PooJan of the Akurdi Plant. 1970- Baja] Auto rolled out its 100,000th vehicle. 971- The company introduced its three-wheeler goods carrier. 1972- The company introduced Baja] Chetak. 1975- Baja] Auto Maharashtra Scooters entered into a Joint venture. 1976- The company introduced Baja] Super. 977- Baja] Auto introduced rear engine autorickshaw and achieved production and sales of 100,000 vehicles in a single financial year. 1981- Baja] Auto launched Baja] M-50. 1984- On January 19, the foundatio n stone laid for the new plant at WaluJ, Aurangabad. 1985- On November 5, the WaluJ plant inaugurated by the erstwhile President of India, Giant Zail Singh. The company commenced production at WaluJ, Aurangabad in a record time of 16 months. 1986- The Baja] M-80 and the Kawasaki Baja] KBIOO motorcycles were introduced. The company produced and sold 500,000 vehicles in a single financial year. 990- The Baja] Sunny was introduced. 1991- The company introduced Kawasaki Baja] 4S Champion. 1994- It launched Baja] Classic. 1995- On November 29, Baja] Auto turned into a 50-year old company. It signed agreements with Kubota of Japan for the development of diesel engines for three- wheelers and with Tokyo RD for ungeared scooter and moped development. The Baja] Super Excel is introduced while Baja] celebrated its ten millionth vehicle. The same year one million vehicles were produced and sold by company in that financial year. 1997- The Kawasaki Baja] Boxer and the RE diesel Autorickshaw are introduced. 998- The company commenced production at Chakan plant. It rolled out Kawasaki Baja] Caliber from its WaluJ plant. Baja] Auto launched Legend, Indias first four- stroke scooter from Akurdi plant. The same year Spirit was launched. 1999- Caliber motorcycle notched up 100,000 sales in record time of 12 months. 000- The company launched Baja] Safire. 2001- Baja] Auto launched its latest offering in the premium bike segment Pulsar. The same year Eliminator was launched. 2003- Baja] Pulsar DTS-i was launched. The company sold 107,115 motorcycles in a month. The company launched Baja] Wind 25, The World Bike in India. It launched its Caliber 115 Hoodibabaa! in the executive motorcycle segment. 2004- Baja] Discover DTS-I, new Baja] Chetak 4-stroke with wonder gear and Baja] CT 100 were launched. Baja] unveiled new brand identity, new symbol, logo and brandline. 005- Baja] Discover, Baja] Avenger DTS-I and Baja] Wave DTS-I were introduced. 2006- Baja] Platina was launched. 2007- RE GDi autonckshaw, Bajaj XCD 125 DTS-Si, Bajaj pulsar 220 DTS-Fi, 200 cc Pulsar DTS-I and Baja] Kristal DTS-i were launched. The company also underwent through revamping of its organisational structure. 008- Baja] Platina 125 DTS-Si was launched. 2009- Bajaj pulsar 150 180 upgrade and Bajaj XCD 135 DTS-Si were launched 2011- April, Baja] Records its best year ever of 2010. HISTORY OF RAHUL BAJAJ Rahul Baja] Chairman, Baja] Auto Limited. Mr. Baja] (b. June 10, 38) is recognized as one of the most successful business leaders of India. He heads the Baja] Group of Companies which is a leader in a variety of manufactured products and financial services in India and abroad including motorized 2 and 3-wheelers, home appliances, electric lamps, wind energy, special lloy and stainless steel, cranes, forgings, infrastructure development, material handling equipment, travel, general and life insurance and investment, consumer finance asset management. Mr. Baja] holds an Honours Degree in Economics from Delhi University, a degree in Law from Bombay University and an MBA from Harvard Business School. Mr. Baja] is the Chairman of the Board of many companies. He was elected to the Upper House of Parliament (RaJya Sabha 2006 2010). Mr. Baja] has received many prestigious awards and recognitions, notable being the award of Padma Bhushan by he Government of India in 2001, Alumni Achievement Award by the Harvard Business School and Life Time Achievement Awards from Economic Times, Ernst Young and CNBC TV18. Mr. Baja] was appointed Knight in the Order of the Legion of Honour by the President of the French Republic. Mr. Baja] has been conferred Honorary Doctorates by 7 Universities including IIT Roorkee. The Project Report On Strategic Leaders Page 4 Mr. Baja] was the President of Confederation of Indian Industry (Cll 1979-80/1999-2000). He was President of Society of Indian Automobile Manufacturers SIAM) and Mahratta Chamber of Commerce, Industry And Agriculture (MCCIA) and Chairman of the Development Council for Automobiles and Allied Industries. Mr. Baja] was appointed by the Government of India the Chairman (1986- 89) of the Government owned domestic carrier, Indian Airlines. Mr. Baja] was nominated by the President of India the Chairman of the Board of Governors of the Indian Institute of Technology, Bombay during 2003-06. Mr. Baja] is a Member former Chairman of the International Business Council of the World Economic Forum, Geneva and a Member of Harvard Business Schools Global Advisory Board. He is also a Member of the International Advisory Council of the Brookings Institution, Washington DC and a Member of the Executive Board of Indian School of Business. Mr. Baja] spear-heads the CSR initiatives of the Baja] Group which include Jamnalal Baja] Foundation and Shiksha Mandal and a number of social organizations including Bharatiya Yuva Shakti Trust and Ruby Hall Clinic, a large hospital in Pune as their Chairman.

Tuesday, December 3, 2019

The Rise and Fall of Long-Term Capital Management an Example of the Topic Business Essays by

When Genius Failed: The Rise and Fall of Long-Term Capital Management Roger Lowenstein is a well-known business enthusiast and writer of different business-oriented books that are primarily a self-help orientation for early business entrepreneurs who are still new to the field. The expressive manner of the author in terms of presenting his ideas has made it certain that capitalism and its management is one of the key elements that are presented through the fields of business development and improvement in the said industry. Furthermore, it could be observed that the approach of the author has been focused on the particulars of the business primarily the finances and the management that the administrations are placing on the said assets of the organizations. Need essay sample on "When Genius Failed: The Rise and Fall of Long-Term Capital Management" topic? We will write a custom essay sample specifically for you Proceed Content and Summary The primary content of the book is focused on the finances of the business and the way that they are being managed by the administration. Financial resources are one of the most important resources for a business entity. This is mainly because this resource can actually be used in the acquisition and mobilization of most of the other valuable supplies for the business namely the work force and the land and building. In addition, the financial aspect of the business entity can also be used for expansion purposes, increasing of production and development of the business itself. Some of the primary sources of the financial aspect of the business entity are its investments or capital and its profit. Capitals sources are mainly for long-term usage because these are equity in nature however, financial profits are very useful due to the main fact that most of it are liquid assets thus they are easily convertible and used. Nevertheless, for expansion purposes, more capital is very much needed thus the business entity must resort to other sources such as debt and equity instruments. Debt instruments are mainly financial sources that are borrowed from other sources such as other enterprises or financial institutions with specific agreements enticed with it. Debt instruments can also vary from its market nature such as either liquefied money or physical assets, which are both invested into the business entity to increase its financial resources. In addition, debt instruments can vary from either with a long-term or short-term agreement with regards to its payment and maturity. Most long-term debt instruments are corporate bonds or loans while for short-term there are the commercial papers and certificates of deposit. In this financial instruments, the debtor has the options to either utilize the debt or can also sell it to others to gain profits thus making the debtor entity to also be creditor. On the other hand, equity instrument is another financial instrument where the business entity will resort to selling or crediting their assets or business equity to gain profit with the accumulated interest. In this option, one of the most valuably used items are the stock securities and/or stock options. However, this method is continuously monitored and controlled by the business entity because unrestrained selling of equity stocks can result to seizure of the equity of the business with regards to the owned percentage of claim by the buyer or buyers. Both of these instruments are done with considerable and valuable agreements concerning their payment methods and interest. For the equity instrument, the business can draw additional financial resources from the agreed interest in the transaction and in the debt instrument, the business entity can use the loaned asset to fund development projects which are beyond the present financial capacity of the business entity. Because of which, using debt instrument is a more reliable option for a business entity that is expanding its operation because the resources are easily acquired in this transaction. Business process is obviously and evidently cyclical in nature where the assets or the business entity is invested to undergo production and then produce profits which will be then added again to the business equity to be reinvested again to generate more profits. For purposes of expansion and business developments, more assets must be invested to fund the increase in the resource demand of the production process thus the business entity must resort to other financial instrument to cope up with the necessity which is either using debt instruments or equity instruments. Businesses, whether small-scale or large scale, need to face the challenges of becoming successful in the future. Indeed, through the implementation of the different elements of success in the business operations, it could be expected that the business group could attain the best possible results for its system and its people within the years of its operation. It could be noted that taking care of the concerns of the people force affects most of the organizational operations that brings success to the entire business. A Reflection on the Reading The main reason behind aiming for a larger market is to primarily gain a higher rate of revenue from the target clients of the company. To be able to do so, the importance of putting effort in creating possibilities by which the company could increase the value of the quality of their end-products and at the same time increase the value of the said produced items is indeed necessary. What are the examples of the said values? One is quality, another is practicality and third [as of tailoring jobs] the presentation of the end-products. The fact that the organization aims to serve their clients at the best way possible for them to do so, the administrations should see to it that the company members understand of this stress on the quality production that is aimed by the organization. Once the quality control of the end-products is heightened, it could be expected that the employees would be more careful of what they are primarily producing for their clients. In turn, a better reputation could be earned by the organization thus giving them the chance to demand for larger value of monetary returns from the clients that they serve. The demand that they are to place upon the shoulders should be reasonable enough for paying, if not, the effective distribution of the products or even inviting of the clients would not be truthfully applied at all. Administrational Learning Upon understanding of the suggestion written herein, it could be expected that the administration would put further appreciation of the employees efforts thus motivating them to create more productive and effective changes of dealing with the business operations of the organization. By doing so, they are not only increasing the possibilities of increasing the quality of their products but also increasing the capability of the organization to build up a reputation that is considerably inviting to a new expanded market that the organization shall serve. (C) Identifying the opportunities for reduced cost The cost being referred to in this section of the discussion certainly entails the organization in finding ways by which the production expenses that they spend on every fulfillment of client order that the complete be reduced in such a reasonable way that the companys organization would be made possible of taking more orders and sending them in high quality results without actually spending too much on the projects. Through this, the company is sure to gain a higher rate of revenue from the business operations that they pursue. Doing so shall also increase the capabilities of the organization in producing more items that are appointed to them because of being resourceful enough in using their materials the best way that they could. Doing so would really challenge the capabilities of the employees in retaining the quality of the products while using a little bit lesser than the usual amount of the resources that they used to utilize in finishing their projects. However, as challengin g as it may seem, this particular requirement shall also then be a guide for the administration to follow which in many ways would help them discover better potentials of their employees in making the said procedure possible. Administrational Learning As leaders of the company, the administrative sectors should use this particular situation and requirement of business success in finding great alternatives to the materials that they are currently using. Not compromising the quality of the products completed by the company while lowering the costs of the resources used for business completion is certainly not an easy task to deal with. Certainly, the administration then should find a way by which to train their employees in becoming more innovative as well as resourceful in their job so that no material is being used in an unreasonable procedure. Reference: Roger Lowenstein. (2001). When Genius Failed: The Rise and Fall of Long-Term Capital Management. Random House Trade Paperbacks.

Wednesday, November 27, 2019

Batter My Heart free essay sample

Perhaps, he used that term in relation to Ezekiel 24:11 Then set it empty upon the coals thereof, that the brass of it may be hot, and may burn, and that the filthiness of it may be molten In It, that the scum of It may be consumed. Done didnt particularly display a specific setting however one could assume based off of his knowledge of the Tarantella God-head (which Is the Father, Son, and Holy Spiral) that he Indeed knew God and may have even been a Christian. The true setting may be implied differently based upon the reader.As I read this poem, I thought it was a prayer more so than a poem. It seemed to me that he was addressing God but also searching for a response from God. In this sonnet, the quatrain or four lines went together. Upon reading it, one could assume that each thought is one in itself, however based on the syntactical structure of the poem in the first stanza; the sentence was not concluded until the last line of the poem. We will write a custom essay sample on Batter My Heart or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page According to Pearson this poem is an attempt at opening the door to a better Christian life after being overthrown by the flesh.The mood of the poem Is contradicting. It seems as though in the beginning of the poem the speaker Is very direct with what he wants. Batter my heart, three-persons God ; for you As yet but knock; breathe, shine, and seek to mend; That I may rise, and stand, rhetoric me, and bend Your force, to break, blow, burn, and make me new. The speaker seems to want to be made new. With the terms and expressions used, for example, break, blow, and burn, one would believe hat he was ready to divorce anything that he needed to in order to be pleasing in the eyes of God. L, like an usurped town, to another due, Labor to admit you, but O, to no end. Reason, your viceroy in me, me should defend, But is captivated, and proves weak or untrue. The mood changes when the speaker has an epiphany. Its almost as if he desired all of these things to happen in his life, but the voice of God was too weak to stop him from doing all of the things that he knew were wrong. Although he never went Into detail on what those things were, it was apparent that they had a throng hold on him. It brings me to the story of Paul In Romans 7:15.Paul discussed the war between his spiral and his flesh. Although his spiral wanted to rule, obviously, his spiritual ears were keener to the fleshly voice than the spiritual. For that which I do I allow not: for what I would, that do I not; but what I hate, that do l. The speaker another analyst. The speaker says in the second stanza l, like an usurped town, to another due, Labor to admit you, but O, to no end. Reason, your viceroy in me, me should defend, But is captivated, and proves weak or untrue. Basically at this point he recognizes that he is a lost cause.He knows exactly what he should be doing, however, he is too weak spiritually to fight against his fleshly desires. Meet dearly I love you, and would be loved fain,But am betrothed unto your enemy ; Divorce me, untie, or break that knot again Clearly at this point the speaker feels entrapped by this wrong that he endeavors in. He feels married to Gods enemy and the only way that he can get a divorce is by God forcing the divorce. Pearson explained this by saying that because only God could truly grant a divorce it would take God to operate the two. This is called imagery.He used the imagery of marriage to describe his binding to sin. Finally the speaker uses a paradox/contradiction when he basically says I cant be free unless you captivate me. Thats ironic but also contradicting. How can one be free if they are captivated? He even went as far as to say that the only way I can be pure is if you rape me. Because he used the term again in the previous stanza, one could say that he has already been down this road and has gotten himself once again involved with this thing that easily besets him and his time it is worse.In conclusion, if I were to ask myself what the outcome was I would say that he probably never allowed himself to truly be free. Its almost like he was asking God to take away his cross instead of asking for strength to carry it. I would describe him as an unstable person who has struggled repeatedly with the same issues and now has to find enough security in God to know that if he would draw near to God, God will draw near unto him but not the other way around. God did all that he was going to do on the cross and now it is his turn to follow God.

Saturday, November 23, 2019

Dynamo Sportswear Case Essays

Dynamo Sportswear Case Essays Dynamo Sportswear Case Essay Dynamo Sportswear Case Essay Dynamo Sportswear Inc (Product Management) l. Time context Mr. Gerard Cruz, the owner and manager or Dynamo Sports Inc. Talked with his brand manager Joe Santos In getting a new product line Incorporated In their sportswear business. As for the present, all of their product line has been successful though they cater more in the mens division. The owner had the idea of adding a womens section and is willing to invest millions in the span of three years that he is projecting it but would want to be successful. The brand manager is given six months on planning this project. II. Problem Statement Becoming Success In Introducing a New Product Line The owner and general manager of Dynamo Sports Inc. , Mr. Gerard Cruz Is planning to add a new product In the company which Is the new female line. He Is not sure whether to alma at the upper bracket to downward or do It In reverse. What the Mr.. Cruz wants is to make sure they succeed and become dominant in this new market. The company does not have any difficulty and have nothing to worry with the seasonality of their new product since their manufacturing facilities could produce year round. They are also financially stable. Mr. Cruz gave Mr.. Santos six months to plan it and have it launch. Ill. Statement of the Objective Have the new product line launched In the time frame given, which Is six months. And make sure that It became successful. IV. Areas of Consideration 1. Make a plan of the project within the given time frame. 2. Look at key factors in the market that will help in making the new product line successful 3. Understand and know the perceptions of potential customers in the new product line that will be launch. V. And VI. Alternative Courses of Action (ACS) and Analysis of CA CA 1 . Mr.. Santos should know and test how the market Is, the pricing and telling of the launching of new female line. A. By having this new line, you will increase the market share. B. Developing to try a new market that presently does not exist. Disadvantages: a. Failure to understand the present market may end up in not having the line. B. New market may not become successful since people will not embrace it. CA 2. Understanding and knowing customers wants and attitudes. Advantages: a. Knowing what the new customers want in this new line. B. To determine and know the perception of customers. A. Failure to know what customers want. B. Was not able to determine the perception of customers and might not incorporate in plan VI. Conclusion: I conclude that using CA #2 can somehow help in making sure that the launching of the new product line will become successful. Since this involved the know of the market that the company will be entering and also taking in consideration what the customers wants. This means that the new product line will be able to meet up with the expectations of the customers it will cater with. VIII. Plan of Action. 1 . Make a reasonable and sound plan of action within time frame. 2. Have people work on knowing what the customers, in this case women, wants, their attitude towards female sportswear, what they needed and their perception on this products.

Dynamo Sportswear Case Essays

Dynamo Sportswear Case Essays Dynamo Sportswear Case Essay Dynamo Sportswear Case Essay Dynamo Sportswear Inc (Product Management) l. Time context Mr. Gerard Cruz, the owner and manager or Dynamo Sports Inc. Talked with his brand manager Joe Santos In getting a new product line Incorporated In their sportswear business. As for the present, all of their product line has been successful though they cater more in the mens division. The owner had the idea of adding a womens section and is willing to invest millions in the span of three years that he is projecting it but would want to be successful. The brand manager is given six months on planning this project. II. Problem Statement Becoming Success In Introducing a New Product Line The owner and general manager of Dynamo Sports Inc. , Mr. Gerard Cruz Is planning to add a new product In the company which Is the new female line. He Is not sure whether to alma at the upper bracket to downward or do It In reverse. What the Mr.. Cruz wants is to make sure they succeed and become dominant in this new market. The company does not have any difficulty and have nothing to worry with the seasonality of their new product since their manufacturing facilities could produce year round. They are also financially stable. Mr. Cruz gave Mr.. Santos six months to plan it and have it launch. Ill. Statement of the Objective Have the new product line launched In the time frame given, which Is six months. And make sure that It became successful. IV. Areas of Consideration 1. Make a plan of the project within the given time frame. 2. Look at key factors in the market that will help in making the new product line successful 3. Understand and know the perceptions of potential customers in the new product line that will be launch. V. And VI. Alternative Courses of Action (ACS) and Analysis of CA CA 1 . Mr.. Santos should know and test how the market Is, the pricing and telling of the launching of new female line. A. By having this new line, you will increase the market share. B. Developing to try a new market that presently does not exist. Disadvantages: a. Failure to understand the present market may end up in not having the line. B. New market may not become successful since people will not embrace it. CA 2. Understanding and knowing customers wants and attitudes. Advantages: a. Knowing what the new customers want in this new line. B. To determine and know the perception of customers. A. Failure to know what customers want. B. Was not able to determine the perception of customers and might not incorporate in plan VI. Conclusion: I conclude that using CA #2 can somehow help in making sure that the launching of the new product line will become successful. Since this involved the know of the market that the company will be entering and also taking in consideration what the customers wants. This means that the new product line will be able to meet up with the expectations of the customers it will cater with. VIII. Plan of Action. 1 . Make a reasonable and sound plan of action within time frame. 2. Have people work on knowing what the customers, in this case women, wants, their attitude towards female sportswear, what they needed and their perception on this products.

Thursday, November 21, 2019

Psychology Research Essay Example | Topics and Well Written Essays - 250 words

Psychology Research - Essay Example art John the Baptist: some, Elias; and others, Jeremias, or one of the prophets†, they could provide a more truthful answer without fear of retribution or disapproval (Matthew 16:14, King James Version). When Jesus further quizzed the disciples about what they thought, the disciples knew that the first answer was not right. Thus â€Å"Simon Peter answered and said, Thou art the Christ, the Son of the living God† (Matthew 16:16, King James Version). In which Jesus rewarded him with a blessing stating â€Å"Blessed art thou, Simon Barjona: for flesh and blood hath not revealed it unto thee, but my Father which is in heaven† (Matthew 16:17, King James Version). Jesus would have made an excellent interrogator. The methods he used are used today when interviewing a criminal or trying to get to the truth about a matter. He first asked whatever one else thought. This gives the individual being questioned a way to tell the truth without being embarrassed or looking guilty. When the disciples gave the wrong answer, then Jesus pressed them for what they thought. This allows a person to explain themselves. Finally after giving the answer being sought by Jesus, the disciple that answered was praised. Another point is Jesus questioned a crowd (at least twelve). That gives a sense of competition to get the answer right, sort of peer pressure. In the end, the statement of being â€Å"Son of man† was confirmed by Simon Peter. Jesus not only sublimely planted the answer, but made Simon Peter think it was his

Wednesday, November 20, 2019

Evidence base practice Essay Example | Topics and Well Written Essays - 250 words

Evidence base practice - Essay Example So, as a team, we are under a supervision of a superintendent who is in charge of all the professionals working under him. The nursing practice guideline in our facility strongly advocates for rational decision making based on facts and evidences that can be relied upon at all times (Tschudin, 2011). One is always required to act on well-researched evidence while discharging their duties both in the emergency and operation rooms. These are critical areas that do not need one to rush in action, but to be a patient, consultative team player who acknowledges and is ready to seek the opinion of other professionals (Melnyk, 2011). The management of the hospital emphasizes these points since it is what can help in delivering patient-oriented services as we strive to satisfy their diverse needs. After all, a nurse should also be ready to discharge duties of a researcher who looks for knowledge, apply and disseminate it to others for the sake of improving the patients’ health