Writing an Essay :: Writing an Essay

Here, I will reveal the methods and tactics to writing an effective analytical essay or evaluative article. Even if you already know how to write a well-structured essay, you may wish to refresh your knowledge and reaffirm what you already know. There are three key parts to an essay: the introduction, body and conclusion. The Introduction Deal with the introduction first of all. The introduction has to have these elements: the question, the answer, the preview of the essay and some scope or parameters. What is the question? This is called your Knowledge Based Problem, or simply the question that you need to find an answer to. What is the answer to your Knowledge Based Problem or question? This is called your thesis. Sometimes called merely an answer, your thesis is the key answer that sums up your entire case in one simple strong sentence. What am I going to talk about in the essay? Here is where you advertise what you want to speak and write about in the course of your essay. What are the definitions and parameters of the terms in your essay? There are two important elements here. One: â€Å"definitions† meaning that you define the words such that you can write your essay. Two: â€Å"parameters† meaning the things that you are not going to talk about or the restrictions of your essay. The Body The body of the essay comes next and many people actually don't know how to do this properly. They actually write whatever they want and whatever comes to their mind. This is incorrect. Here's how you actually do write the essay body to make your writing good and clear. A topic sentence is a sentence that sums up your paragraph and makes a key argument or key idea. You need a topic sentence because this is what you promised to write about. Explain what you mean by the topic sentence and give more details and more information. Sometimes you need to define words - so just do it here in the body as well. Give an example or examples. Tell the reader what the example means or what the examples mean. Summarise your paragraph or argument after doing that. Answer the question using your topic sentence once again at the end. You do this systematic and methodical approach for each and every paragraph. The Conclusion There are only three things you do at the conclusion of your excellent essay and nothing more, if you want a structured and clear essay.

Structure and Culture of Small Medium Enterprises

‘The category of micro, small and medium-sized enterprises (SMEs) is made up of enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding 50 million euro, and/or an annual balance sheet total not exceeding 43 million euro.’ (Definition, 2011) Above explained is the new definition reconstructed by European Commission based on the developments to business environment. This was published in the year 2005 in their website further talking about the importance of SME’s to the European community in the report they issued. Looking further into how and why SMEs plays a major role in the business environment the report explains that, the 25 million SMEs provides 75 million jobs covering 99% enterprises in 25 European union countries. Nonetheless, SMEs has to face difficulties in capital and other important factors such as investment loans especially during the early stage which makes it less stable and short period existence for these types of businesses. (Introduction, 2011) However, some determined minds working through this field tend to survive the obstacles faced in the early stage and carry on with the other phases. Usually SMEs have less than 250 employees. This small community also has to have an intranet among them to be updated and connected to each another. One of the most common tools is paper based communication. Paper based communication requires plenty of paper, more procedure, and more time, which is less reliable and difficult to manage. It also has its advantage of having long time proof of records. But that is not the basic factor highly prioritized in today’s business world. As alternatives keeps the place tidy and stores the record internally in any hard disk or any software. Most importantly, company records are much safer where there is more IT involved. Though, communication is a basic factor in every business organization, not every company has established the latest technology of communication. Different industries or companies have communication process based on their level. Like, huge companies use modern and efficient and/or costly ways of communication whereas; small and medium enterprises (SMEs) use alternative modes which are cheaper and more procedure involved means of communication. This report is based on SME’s highlighting their ways of communication with their stake holders and most importantly, upon how they can improve the method of communication with lower cost. Instead of complicated communication systems these SMEs also could rely on more efficient ways which is more IT related. Among every possible upgrade the key factor for SMEs would be to analyze and go with the minimal cost plan. Executive Summary The introduction of the report explains about what exactly are SMEs. This highlights upon the business culture and structure also the methods they could apply in order to upgrade the existing techniques for an easier method of communication. Alongside, coming up with low cost upgrades as SMEs would not have huge amount in their turnover, moreover it would not be valuable for them for spend abundantly on communication within the organization. Hence, I have shared some opinions which they could rely on and at the same time which would fix into their budget. The report further gives explanations on how the SMEs could grow in its scale by following some method to aware the customers of its existence. And what other IT related yet cheaper ways in which they could keep records like, stock, daily sales and attendance. As far as record keeping is concern in a business organization, SMEs also needs to maintain daily stock report and sales report in a daily basis in order to avoid stock imbalance. If stock is not handled well as a daily/weekly, at the end of the year, missing stocks would be numerous and mysterious. This is going to be a hard task for the company to investigate specially for SMEs. The options elaborated in the report helps to identify some different techniques which help to standardize the majority of work done within the organization. The methods are been separately explained on how each can be utilized and the outcome result of it. Most of it talks about the efficient and effectiveness brought by using the methods. Like how to computerized the stock report and the result in quick search of a transaction or any stock details. Also methods on how the SMEs can reach their customers by spending the least amount on advertising. Structure and Culture of an SME SMEs are usually sole traders who have no more than 250 employees and less turnover of Rs50 million and below. (Fernando, R. 2003) The organizational behavior within the SMEs is less formal than of a larger organization. There are no specific standard followed by the employees. Where attendance maybe the only effective factor for any employee. These types of businesses are usually referred as bureaucratic organization, where the manager/owner has high authority in decision making in every aspect without any recommendation and knowledge by the staffs. For instance, owner decides how a shift would work; if/whether the interior has to be changed and to recruit more staffs and so on. Also he plays the leadership role in deciding how to contact with the customer. Like, if the purchase bills has to be made or not and if so how; printed receipts or manual. Taking a look at why smaller and medium enterprises have a less formal routine is due to cost cutting, result in manual work with cheaper materials to work and also they do not keep a record of day to day business other than the cash-flow. Cash flow records are also maintained in a log book where the cashier list down the items sold, each one separately till the end of the day. And what if a customer needs the receipt? They get a manual receipt with company stamped and purchase details hand written by the cashier, costing more time work and procedure. Meanwhile, the owner keeps a record of bulk purchase in his logbook noting it down after every purchase. This kind of record keeping is difficult to maintain if they want to find something quickly. Moreover, human errors and easy going behavior of a staff may lead to mysterious results of stock imbalance. The external communication; customer communication is preferably poor in SMEs as they do very less advertisements and direct approach to the customers are almost nil regarding its existence. Most of its customers may not know if they have a new stock or introduce a new brand and so on. To be in contact more with the customers is the only way a business can run successfully. But as I have mentioned earlier that SMEs would not prefer any expensive methods of communicating within its organization, below are some upgrades they could bring on in order to connect with the customers and have more efficient way of communicating within the organization. Additionally, some advanced system to keep record. Improved procedure within the business Method 1 Though it has been a tradition to SMEs to keep paper records, they could switch to more IT based information storage. The owner could purchase sales software which is user friendly and easy to train cashiers and/or related department like stores. The registration of the software can be made annually with an annual payment method based on the license to use it. Thus, stock can be maintained in this specific platform at the same time encoding items can result for easy access. Sales software would not be of high cost as it has to be paid annually and compared to the ease it makes in maintaining the majority of the work. Thus, the SME’s would save much time on stock maintaining in efficient way which is more effective; most importantly, with low cost. Method 2 If sales software is considered as high cost per annum simple spreadsheet documentation can be maintained by help of a Microsoft excel expert. Microsoft excel provides a solution to store and calculate the raw data by customized formulas also with the help of the in-built formulas available in the software itself helps to solve minor calculations. It has the potential to create a spreadsheet of raw data into flowcharts, tables and reports to bring a better understanding. The cells are editable which enables to reenter if any changes have to be made. A sales chart can be made in terms of a day, week, month or a year based on their preference. If a company preferred to list down the sales and the stock details in a daily basis, they could include different days tagged in different tabs. While creating different excel documents for different months. Hence, any record can be searched easily with shortcut keys. Meanwhile the SME can keep a good record also record keeping method would be more efficient. SMEs connecting with customers The reason behind low interaction between SMEs and its’ customer is also is to avoid expenses while running business. Bad assumption of SMEs is that communicating to the customers through advertisements are overheads to the company, in fact the attraction gained by the customers would only cause them to have more trade and eventually more profit. To obtain these, SMEs can integrate with modern and IT related communication system which would cost them a lower rate. Method 1 Not only internet can be used as a tool to market but also mobile advertising can be the best and more direct way of approaching to the customer personally. The company can register corporateSMS service from a local telecommunication centre. It helps to forward the same text message with many recipients at the same time. This service can be used to notify the customers for new stock arrivals and so on. News spreads easily, thus a single text message can reach the news to a family and close friends. Overall another 5-10 people would be aware of the news. This makes the direct communication more useful and effective. Method 2 Online marketing is the leading method in modern community. It has become so common that the SMEs also could hire an UI designer to build a platform for their business on the web. This could provide their information regarding the business and products available. Updating the website helps the customers to be familiar with the present availability. There are many web hosting companies which sometimes charge less than $10 per annum. This is quite very few amounts to spend in order to collect more customer and profit to the business. Method 3 Why spend a cent when you can advertise for free? The organization can created a web page about themselves on social networking sites, most common; the Facebook. Owning a page does not require any payment. Numerous amounts of people can search and go through the page as Facebook is in fact, the top rated social networking site where over billions of active users login almost daily. Hence, the chance of more people viewing the page is high and meanwhile, they get to know about the location, service and products available in the organization. The page can be more attractive if company could share pictures of products to make it more helpful the buyers. The details like, history of the organization, mission/vision/objectives and how the customers can contact can also be also included as more details in the information tab provided. Hence this method of online marketing can help to reach more customers without costing any. Method 4 Apart from advertising to the customer, a proof of purchase is required when a customer makes a transaction. In most SMEs a receipt is not provided unless the customer request for it. Hand written slip with a seal of company is how they usually provide it. In my opinion along with sales software they would be able to link to a POS (point of Sales) centre thus a computer generated receipt can be printed through a receipt printer. This method would help both the customer and company to minimize the time of sales. Recommendation Based on the methods mentioned above, my recommendation on how the SMEs could manage their stock is by using a sales software as this is a computer programmed method the chance of mistakes are less compared to using an excel sheet to write down the records manually. Plus, the purchase bill or receipt can be automatically printed after every sales entry if required which leads to a more reliable and quick sale. Thereby, providing the customer a proof and the system detects a sale been done and automatically adjust the balance amount. In the excel sheet this could also be done using the formulas yet it is not reliable if not well maintained. And in most situations daily maintenance cannot be done since the manual work is larger than the automatic level. In case of the sales software technique the normal selling routine goes parallel with the automatic generating of the stock report. It makes the handling procedure much easier and effective. Talking about the marketing point, since Facebook requires none to create a page in the website, this can be easily done to promote its business. This method is the highest effective way because the website is a well-known platform for almost every region. Hence, people around the world will get to know the company and by chance the SMEs could also grow larger in their business according to the income and time. The second best choice I recommend is to register with corporateSMS and to directly approach for customers. This could be done by introducing a visitors’ book and recording the basic information of the customer like; name, contact and preferred item. While the company receives new stock they could text specific group of people with common interest of item, thus the same message can be delivered in bulk. This kind of advertising is more direct and effective. Conclusion Effective communication is the base of the business. If the communication process is reliable then the company can run smoothly. Running a smooth business requires sufficient ways to overcome any conflicts. Any loop holes has to be fixed; starting with the procedure within the company and how to interact with its stakeholders. If a good policy can be retained then the SMEs would also be a well-established part of the society. Rather, having to discontinue soon after starting the business. The success story comes with strong determination; the willingness of a person is all it counts. The report has been highlighted with few methods to improve the existing nature of the SMEs to produce a better procedure to them for their future. Ways in which they could rely on making more profit by spending a small amount of money. Let me conclude by saying that, in my opinion these methods to upgrade the existing techniques followed by SMEs would help them save more time and minimize errors and mistakes from sales maintaining. SMEs can develop their existing communication process within the organization for an efficient and effective system, where they could easily communicate with its customers also within the business community. The opinions mentioned are of low cost also more efficient and convenient to run a small and medium enterprise for a better communication to the organization.

CB †Aziz Essay Example

CB – Aziz Essay Example CB – Aziz Essay CB – Aziz Essay CB – Aziz Name: Course: Date: CB – Aziz Week 1 The main issues of week one include freedom, governments and religion within the first two. The authors included in this week were King James I, James Harrington and John Winthrop. According to John Winthrop, liberty is in two kinds, natural and civil. In this regard, he says that the best way to achieve liberty is by honoring and upholding to authority while James I say it is through honoring the king and his law. The other issue is on governments and their role in ensuring liberty, their advantages and errors as well as solution used to solve the demerits of the ancient governments. Christianity at this time was seen as a source of authority, which is yet another issue. â€Å"†¦ They make and unmake their subjects; they have power of raising and casting down, of life and of death†¦Ã¢â‚¬  (James I 1610 P.4). â€Å"†¦so shall your liberties be preserved in upholding the honor and power of authority amongst you,† (John Winthrop 1645, P.19). â€Å"†¦ Anoth er error of Aristotle’s politics that in a well-ordered commonwealth, not men should govern, but the laws,† (James Harrington 1656 P.23 ). â€Å"the Lord hath given us leave to draw our own articles †¦ to enterprise these actions upon these and these ends, we have hereupon besought Him of favor and blessing,† (John Winthrop 1630 P.17). Week 2 The issues addressed in week 2 include civil governments and their effect on people, its problems, and nature of liberty, the difference between civil and natural governments as well as the best among them and how civil governments are created. The authors writing these articles include John Locke, John Trenchard and Thomas Gordon, John Wise and Sir John Randolph. â€Å"man being born, as has been proven, with a title to perfect freedom, and uncontrolled enjoyment of all the rights and privileges of the law of nature, equally with any other man, or number of men in the world hath by nature power, not only to preserve his property, that is, his life, liberty and estate against injuries and attempts of other men,† (John Locke P.59). â€Å"In most parts of the earth there is neither light nor liberty; and even in the best parts of it they are but little encouraged, and coldly maintained,† (John Trenchard and Thomas Gordon P 87). â€Å"The art of governing is thought to b e the most abstruse, as well as the usefullest science in the world,† (Sir John Randolph 1736 P.97). Week 3 Week three issues are about the British colonizers and their colonist concerning the power the colonizer has as well as the rights of the colonists. The other issue in week three is one tax within the colonies. The British constitutions and its extension to the colonies is another crucial issue, as well as its relation to colonies and sources of rights enjoyed by the colonist, which the article cite as the nature of a man to be free. The final issue of this week was declaration of independence. James Otis cites that, â€Å"A state has no right to make slaves of the conquered. Even when the subordinate right of legislature is forfeited, and so declared, this cannot affect the natural persons either of those who were invested with it, or the inhabitants, so far as to deprive them of the rights of subjects and of men† (1764 P. 154).. Under colonies Thomas Whately says, â€Å"The Revenue that may be raised by the Duties which have been already, or by these [stamp duties] if they should be hereafter imposed, are all equally applied by Parliament, towards defraying the necessary Expenses of defending, protecting, and securing, the British Colonies and Plantations in America,† (1765 P.166). Week 4 Under week 4, articles of confederation were the main issue regarding its ability in forming a sovereign government. The other issue was on the constitution of America and its divisions as well as whether it creates a limited or unlimited government. Additionally, the issues concern the likely consequence if the constitution is not implemented such as territorial war and the bills of rights contained in the constitution. â€Å" each state retains its sovereignty, freedom, and independence, and every power, jurisdiction, and right, which is not by this confederation expressly delegated to the united sates, in congress assembled,† (Articles of Confederation P.332). â€Å"Territorial disputes have at all times been found one of the most fertile sources of hostility among nations. Perhaps the greatest proportions of wars that have desolated the earth have sprung from this origin. This cause would exist among us in full force,† (Alexander Hamilton P.456). When talking about â€Å"ambition must be made to counteract ambition† James Madison meant, â€Å"But the great security against a gradual concentration of the several powers in the same department, consists in giving to those who administer each department the necessary constitutional means and personal motives to resist encroachments of the others,† (496). Week 5 Week five issues are varied as well, including favoring agriculture as opposed to manufacturing as well as the issue of slavery. The main issue is on establishing better economic stands that include why it would be in order to open a national bank or why it would be bad. Finance was another issue where debts are discussed as well. Politics also come into light where debates over political parties are discussed. The idea of a federal government as well, as how it should operate is discussed as well, where the power should be bestowed. â€Å"I consider the foundation of the Constitution as laid on this ground: That † all powers not delegated to the United States, by the Constitution, nor prohibited by it to the States, are reserved to the States or to the people,† (Thomas Jefferson P.615). Week 6 The main issue of this week is what democracy would be a wise idea, where ordinary people are allowed to make decisions regarding political matters. On this issue, several topics are discussed, including why different people felt democracy would not only fail, but also take away freedom from others. The conditions necessary for democracy to exist are addressed within the articles as well. Other than democracy, the characters of Americans that make them different from Europeans are discussed as well. â€Å"Relying, then, on the patronage of your good will, I advance with obedience to the work, ready to retire from it whenever you become sensible how much better choice it is in your power to make,† (Thomas Jefferson P. 690). Week 7 Week 7 brings to light a topic that was a major issue in America, which is slavery. Issues such as why the policies for abolishing slavery were wrong, why Africans were not right for democracy. Some of the authors see slavery as a bad thing in the society while others view it as right. The bible has been used to discredit slavery as well, showing the difference between people on the issue of slavery and offering Africans their freedom. â€Å"Let them remember, that though our cruel oppressors and murderers, may (if possible) treat us more cruel, as Pharaoh did the children of Israel, yet the God of the Etheopeans, has been pleased to hear our moans in consequence of oppression,† (Walker 1830 P. 965)). â€Å"Had the holding of slaves been a moral evil, it cannot be supposed, that the inspired Apostles, who feared not the faces of men, and were ready to lay down their lives in the cause of their God, would have tolerated it,† (Furman 1823 P. 954). Week 8 The eight week starts with the issue of citizenship for people within America, where Africans are not considered citizens according to some of the writers such as Taney after the declaration of independence. However, others such as Curtis counter his arguments on citizenship for slaves. Slavery issue is reflected again when Abraham Lincoln is brought into light, where he seeks to strengthen federal government when addressing the two sides of the house, conservatives and republicans. Additionally, the issue of southern thinking of secession from United States is discussed in Lincoln’s inaugural message. Finally, the issue of reconstruction is addressed in Lincoln’s second inaugural speech. â€Å"†¦no line dividing local from federal authority, nor anything in the Constitution, properly forbade Congress to prohibit slavery in the federal territory; else both their fidelity to correct principle, and their oath to support the Constitution, would have constrained them to oppose the prohibition,† (Lincoln 1860 1077). References Hammond, S.J., Hardwick, K.R. Lubert, H.L. (2007). Classics of American Political and Constitutional Thought: Origins through the Civil War. Indianapolis, Marion, IN: Hackett Publishing Company.

Eight Great Gift Ideas for Your Francophile Friends

Eight Great Gift Ideas for Your Francophile Friends What gifts could you give to your Francophile or France loving friends? Nowadays, with e-commerce, sending the right gift to the right person is so much easier. Yet, there are so many choices out there. Here is my top eight list: 1 – A Book about France Check out your local Amazon store, there are plenty of beautiful books about France.  First, select the â€Å"book† category. Then, you have a lot of choices. To narrow down the searches, look at the options on your left (you may need to press â€Å"see more†). Select: - â€Å"Art and photography† for beautiful books. I love The Louvre - all the paintings, The Best loved villages of France, and Spectacular Paris.- â€Å"Travel guides† to prepare a trip.  - â€Å"Cookbook, food and wine also make a great idea. My husband is a great cook, and his favorite is Mastering the Art of French Cooking - You cannot go wrong with Julia Child! And My Paris Kitchen - Olivier often picks up David Lebovitzs book for inspiration, and all his recipes always turn out perfect - we highly recommend it.- â€Å"Comic book† – what about a French edition of the world-famous â€Å"Tintin† or â€Å"Astà ©rix†?   Then, you can have your book shipped wherever you like, and even have it gift-wrapped. How practical! 2 – A French CD/MP3 or DVD French music is so readily available, both in stores and on the web. Of course you have the classics: Brel, Aznavour, Piaf... but there are many young talents out there: you may have heard of â€Å"Stromae† but he is not the only one (check out â€Å"Zaz†, â€Å"M Pocora† â€Å"Tal†, â€Å"Bà ©nabar†Ã¢â‚¬ ¦) : Check out my Pinterest board â€Å"Les VIP du PAF (Screen and Audio French VIPs) for inspiration, pictures, and videos of who’s hot in France right now. For movies in French, check out Amazon Canada – you’ll pay a bit more for shipping but will have a much larger selection and you are still in the appropriate DVD zone for the US.​ Note: Unfortunately, DVDs are ‘region locked’ and so a DVD meant for the European market will not play on a standard US/CAN DVD player. If this is a DVD for a US/Canadian based friend, make sure it’s â€Å"Region 1† (or that they have a hacked and unlocked DVD player). 3 – A French Audiobook What about learning some French? There are a ton of resources out there, including pricey French learning software (If you are going this way, I recommend Fluenz) and old-fashion dictionaries. You will, of course, find plenty of textbooks on Amazon, but if you ask me, students of French absolutely need an audio support. Audiobooks are convenient; your friend can download them to their smart phone and use them on the go, during workouts or commuting time. If your friends are French or speak French fluently, check out Audible for their selection of audio novels in French. And if your friends are still learning French, then pick a  level appropriate French audio novel or French learning method  on my site, FrenchToday.com. 4 – French Gourmet Food Still on Amazon, check the category â€Å"grocery and gourmet food† and type â€Å"France† or anything special you would be looking for. There is a gift there for any budget. You can also go to your local fine grocery store, and once you look carefully, you’ll be surprised at the number of French food items.   â€Å"Fleur de sel de Guà ©rande† makes a great gift for foodies (this is actually the one Olivier loves), but there are also many French mustards (I love the brand â€Å"Maille†) and spices, cookies, and chocolate. 5 – French Wine Tasting You don’t need to be in France to taste French wines. If you live in a large city, chances are that your local wine store organizes wine tastings. Pay them a visit and ask them if and when they plan on having a French wine tasting. You could even ask them if they could organize one for you and your Francophile friends. Stores are usually very happy to do so and it would be a fun moment, and a personalized gift for your friend. 6– French Perfume and Make-Up Chanel, Dior, Lancà ´me... We dream about these brands but only few people can treat themselves to this kind of luxury. However, many of these brands do have a cosmetic department, and a Dior Lipstick for example is a gift that will most likely impress any lady. You can find them online or in any large department store. 7 – Coupon for a French Restaurant Ok, this one may be a bit on the expensive side. But it’s fun. And if your friends often go to their favorite French restaurant, you can call that restaurant and ask to buy a bottle of wine for the next time your friends go there.   8– French Magazine Subscription There are many French magazines out there, and with Amazon.com, you can get a subscription to a magazine in French right to your door: Vogue, Cuisine et vins de France, Marie-Claire Maison, Photo, Voici or Gala,  they make wonderful gifts because every month, your friend will be reminded of your thoughtful gift. Je mets tous les jours des mini-leà §ons gratuites sur Facebook, Twitter et Pinterest - venez m’y rejoindre! I also wrote many articles about Christmas in France:- 7 Must Know Noà «l Traditions- Christmas in France Dialogue - French English Bilingual Easy Story- Meet the French Santa - French English Bilingual Easy Story-8 Gift Ideas for Your Francophile Friends- Petit Papa Noà «l - The Most Famous French Christmas Song (with a link to a video of my daughter singing it!)-  My enunciated recording of the Catholic mass prayers in French Joyeuses fà ªtes de fin dannà ©e! Happy Holidays!

Strategies for Building Effective Relationships Paper Essay

Strategies for Building Effective Relationships Paper - Essay Example These strategies are developed to increase motivation and work performance of the employees. Strong relationship of company with its organizational members is build by putting many efforts. Good relationship helps to satisfy all the staffs of the company. It facilitates the firm to retain its employees. Strategies in this case are designed by considering employees needs and requirements. In this case study, as a new product development manager I have to implement strategies for improving the condition of my uncle’s business. In my uncle’s business employees play an important role in organizational growth and success. Therefore maintaining a good relationship with them is an important responsibility of the company. Strategies of the company need to be decided according to that. As a product development project leader I have joined my uncle’s business. The company is into mid size manufacturing business. Presently the business condition is very bad. Employees and other organizational members are not satisfying with business functions. I mainly handle operational activities of the company. I have analyzed the company’s situation and have come to the conclusion that revenue of the organization has significantly dropped in past few years. The organizational members of this business did not implement any new ideas in business operation and development process. There is no such project manager present to manage and look after the works of various projects. As a result business functions are not executed properly. Project leaders were there but they left the company because of serious conflict with their supervisors and managers. For all of these reason employees are getting de-motivated in this company and this leads to deterioration of the company . My uncle’s business needs to be organized in an effective way so that the company develops a strong relationship with its

International Business & Strategy Essay Example | Topics and Well Written Essays - 2500 words

International Business & Strategy - Essay Example This has been made possible through employing an effective international business strategy, which helps the company to direct their business in the global market effectively with an aim of maximising profits. Carrefour is one of the businesses that employ international business strategy to enable them to achieve a competitive advantage and increase profits in the global market. The company was established in 1958 and it grew into a vast chain after the first sales. Carrefour operates currently over 9,994 stores in thirty-three countries; therefore, expanding the business into the new markets in Botswana will enable the company to increase their profits because the political stability of this country has catapulted the economy into emerging and one of the fastest growing economies. The Potential Target Market for Carrefour’s Future International Expansion Strategy Botswana will be one of the prospective target markets for expanding the business in the future using international growth strategy. Many companies have made significant attempts to expand their business across the globe. This is through employing internalisation or global strategies that will enable them to expand their business and also reach their targeted customers effectively. Mun (2010, p. 42) argues that employing an effective strategy in the global business environment is vital because it will enable an organisation to increase profits. The globalisation is set to continue and this will contribute to new opportunities and challenges for the future generations of entrepreneurs who are seeking to prosper in an increasingly interdependent world. Therefore, Carrefour can use this strategy to expand their business in the future to untapped developing countries such as Botswana. Global retailers have continued to expand their business into untapped markets due to increased technology advancement and increased consumption across the globe. Many international companies such as Carrefour have rea lised the significance of expanding their business into the new market, especially the emerging market; thus, there is a need to also target in the future many developing countries. This is because many global companies operating in developing countries have increased and tapped revenues 2.5 times faster than in their home markets (Doh, Lawton & Rajwani, 2012, p. 23). The research study reveals a wider range of possibilities for vendors seeking to capture an instant impact and a growth advantage in third world countries (Brown & Gutterman, 2003, p. 27). Possibilities do not only flourish in the largest markets in the industrialised nations but also in smaller markets in third world nations; however, third world developing nations have been ranked among the leading nations for retail investment; thus, Carrefour Group should expand their international strategy by expanding their markets to a potential target market in Botswana. Macro-Environmental Characteristics of the Market Organis ations are constantly scanning not only their internal environment but also the external environmental factors that may impact their business performance in the global market. Macro-environment characteristics take into consideration the external factors that may be favourable or unfavourable to business performance. The macro-environment is external forces that result from a

Six Sigma Research Paper Example | Topics and Well Written Essays - 2500 words

Six Sigma - Research Paper Example Brief History As a measurement standard, on the one hand, Six Sigma dated back to the 1800s when the German mathematician named Carl Frederick Gauss introduced the notion of normal curve (Islam 17). As a standard in variation, on the other hand, Six Sigma originated in the 1920s when Walter Shewhart, a Bell Telephone Laboratories statistician, proved that the three sigma from the average level are the reference point by which the process in question requires correction (Islam 17). On the other hand of the scale, the history of the praxis of â€Å"Six Sigma† in companies is fairly modern. Its coinage was made only in the 1980s by the Motorola engineer named Bill Smith. According to Islam, Smith is the individual credited in coining such term (17). Smith’s Six Sigma is one of the results from the Motorola’s decision to secure its global leadership. In the same decade, perhaps prior to Smith’s coinage, the executive leaders of the Motorola Company established a four-point plan as a response to Sundry’s â€Å"[o]ur quality stinks† (Barney and McCarty 2). Here, Sundry refers to the feedback expressed by the company’s costumers concerning product quality. ... In the third point plan, one observes that the phrase â€Å"quality improvements† -- probably the early definition of â€Å"Six Sigma† -- is a concept that comes from the principle or theory prominent in TQM. That is to say, Six Sigma in its early inception is not far from similar to TQM in a fundamental manner; the modification only occurs in the TQM’s adaptation or application to the Motorola culture. Definition and Methodology Pande, Neuman, and Cavanagh define the notion of Six Sigma in several ways; they state that Six Sigma is a way, a goal, an approach, and a system (77). First, Six Sigma is essentially a way or method of measuring certain process or processes. This implies that Six Sigma is a technique in which a particular activity or phenomenon (e.g., manufacturing products) is quantitatively measured. Second, Six Sigma is a goal, or has an end, of near perfection, which is quantifiable by 3.4 Defects per Million Opportunities or DPMO (Pande, Neuman, an d Cavanagh 77). As an end, the application of Six Sigma to a specific process or activity largely aims for a 3.4 DPMO; that is to say, for every one million of company products being manufactured, the number of their defects should be within the 3.4 range. Third, Six Sigma is an approach in which the culture of the organization is greatly altered. This definition of Six Sigma is historically grounded; it reminds us of Motorola’s 1980s third point plan -- the function of quality improvements to the company’s culture. Unlike the practice of traditional management, Six Sigma as an approach changes significantly the roles of the members (i.e., top and bottom) of the organization. The functions of leaders and their subordinates are fundamentally modified. Fourth, Six Sigma is