Cash Connection Study

The following article is a case study of Cash Connection that is a business involved in the short-term lending. Moreover, the article has tried to differentiate its services in a fast growing business that keeps changing because of many factors like saturation in the market and federal government regulations.Advertising We will write a custom case study sample on Cash Connection Study specifically for you for only $16.05 $11/page Learn More Allen Franks formed Cash Connection in 1986. At that time, only a few companies were competing in the short-term cash lending. However, in the last decade there has been a lot of changes in that industry such as the increase in more than 22,000 payday advance locations across the United States, that is a higher number than the 9,500 banks throughout the country. Although, this growth attributed mainly to the traditional existence of financial institutions from the small ones, short-term credit in the market is account ed for the bigger structure. The increased cost of bounced check and the rise in regulation of the payday advance services has had a significant influence on the financial performance of companies like Cash Connection. Another major contributing factor to this is the fact that there has been an increase in the regulation laws by the federal government making the rules stricter. One can see below the financial performance of Cash Connection for the past three years. Jan – Dec 2007 Jan- Dec 2008 Jan – Dec 2009 Total Income 6,348,544 6,283,860 5,768,805 Total Expense 5,017,173 5,488,623 5,569,912 Net Operating Income 1,331,171 795,237 198,893 Net Income 1,336,617 342,689 271,961 As seen above, there is a significant change in the net profit especially from the closing financial year 2007 to 2008, with a staggering difference of $993,928. The difference of the year 2008 in comparison with 2009 is only $70,728. However, from the profit and loss statement one can also notice an increase in the total expenses rising from the year 2007 to a total of $5,569,912 in the year 2009. This decline, though, can be mainly accounted for the increasing number of rivalry firms in the operating industry including banks and micro loan firms. They are now realizing the attractiveness of the short term lending business thus they are differentiating through packaging more attractive offers, hence becoming more appealing to customers. This means that they become more competitive. Although, it cannot be the only reason, since there has also been a significant decline in the country’s economy as a whole.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This shows that the industry’s growth has slowed. The number of potential growth in market size of rival companies is also an attribute of the decline in the net income. Competitiveness and rivalry in the payday loan business rises with companies competing to acquire the biggest industry share. Using the tows matrix one can use it to analyze Cash Connection both internal and external position. Strengths Weaknesses Opportunities Early entrance into new markets Offering services other than payday advances and check cashing Customers perception of the short term payday loan The two requirements established by Cash Connection Threats 10% who have considered payday advances Advancing economic environment Strict regulations Current economic environment Increase of competitors As shown in the case study, Allen Franks opened several stores in Shreveport and noted that it is more profitable to open a store in the city as the first person. Therefore, he should take more advantage of this as it is an opportunity and open more stores in cities where pay loans are not recognized. In addition, an expansion into other businesses has enabled the Cash Connection to hav e a competitive edge. The other services include payment of bills, prepaid phone, and serving as a money transfer agent with western union. They can take advantage of 24 million Americans by increasing their marketing strategies. In addition, they should recognize their weaknesses that include the perception by most Americans who tend to assume that they are using people with low income and taking advantage of them because they are the main market shareholders. In addition, they tend to attract unbanked or under banked people as their potential customers since their qualifications are low this has increased the chances of having bad debts. Strict regulations set by the federal government are the main threat. It makes it difficult to have a large profit margin. In addition, the current economic recession is an external threat resulting to an increased risk for those who extend credit and denial chance for other borrowers. Currently there are 23,586 pay loan stores. This becomes a maj or threat since it increases the competitiveness in the industry and saturates the market. It is clear from the table, that Cash Connection still has a potential to grow. They can do this by recognizing their strengths and opportunities and taking advantage of them. The Cash Connection has a bigger potential in the market share and with the right strategies set in place, it could continue being a profitable franchise. It can also be improved by differentiating its products, giving more loans by relaxing their requirements. Everyone must have a job, and a checking account, but as seen in the case study most lack the latter, thus it limits their customers. This also suggests that there is a wide market of unbanked customers. Therefore, Allen Franks should try to find a way to make his business more available to the rest thus increasing his market share.Advertising We will write a custom case study sample on Cash Connection Study specifically for you for only $16.05 $11/ page Learn More According to a survey, there was a customer satisfaction in the schedule of repayment, the limit they borrowed and the fact that they could refinance or renew the loan. The main agenda is to educate customers on financial products and comply with the trading rules. The company has to ensure they adhere to set ethical codes by the Alabama Counsel for Fair Lending in order to enhance customer satisfaction levels thus enhancing their loyalty. Some of these ethics include being honest in their endeavors through informing the customers their rights and obligations. The company should try to protect the customers’ personal information. As the federal government set the rules of trading, they must ensure they adhere to them. However, they should try to offer reasonable loans with fixed incomes. Cash Connection should try to follow these rules because in this case they would be able to compete fairly with the other rivals. According to the SWOT analysis done, one can come up with a few recommendations that when used by Cash Connection, can increase their revenue both in the short and long term. They can try to differentiate themselves from the fast growing industry. The company managers can do this by offering an attractive repayment system especially for frequent customers thus improving customer loyalty. It has been concluded that image of the Cash Connection is lower than the rivalries therefore; increasing their customer loyal base would improve their image and would enhance advertisement through word of mouth. Another recommendation is that they should try to focus on the untapped market. It can be achieved by improving their marketing schemes. They should try to take advantage of such modern innovations like using emails and social media. There is an extensive growth potential in the industry. The other recommendation is to adjust requirements to the customers. Currently they require having an employment and operating a chec king account. This limits a long list of clientele. To justify this most consumers remain under banked or unbanked because of many reasons.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More It is because of the banks having a high minimum balance. In addition, most view banks as unwelcoming, while others still do not see the value of banking. Therefore, by eliminating such unnecessarily requirements they will be able to gain a very large untapped consumer base in the market. In conclusion, though it is evident that Cash Connection is currently not at their peak, there is s stillroom for improvement. By considering their main threats and weaknesses, they should be able to come up with viable solutions, which will give them a competitive edge in the market. It is imperative that they should try to reassess every limitation and get a solution that is best for them. This case study on Cash Connection Study was written and submitted by user Lilianna Stevens to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Free Essays on Why Did Enron Collapse

Enron was one of the world’s largest electricity, natural gas, and broadband trading companies, with revenues of over $100 billion until its crash in the fall of 2001. Enron’s strategic intent was to become the blue-chip energy and communication company of the 21st century through its business efforts in four core areas: Enron Wholesale Services, Enron Broadband Services, Enron Energy Services, and Enron Transportation Services. Enron management claimed that each of these business units supported the company’s vision of â€Å"offering a wide range of physical, transportation, financial and technical solutions to thousands of customers around the world.† But Enron’s aspirations of becoming the leader in the energy and communications came to a screeching halt because of a strategy that was flawed by unethical behavior mainly GREED. But how does a corporation that becomes so successful become so greedy? I am of the opinion that the main reason was due to the corporate strategy that was implemented that was more concerned with the continuing growth of stock prices instead of looking at the long run. In the following paragraphs it is shown what constitutes a good strategy and examples of what went wrong. We can start of by saying that a good corporate strategy is one that is shaped by management having an ethical view of external and internal considerations. External considerations include societal, political, regulatory, and community factors along with competitive conditions and overall industry attractiveness; a company’s market opportunities and threats. External considerations on the other hand are of great importance in today’s business world due to the global market that exists. Primary internal considerations are company strengths, weaknesses, and competitive capabilities; managers’ personal ambitions, philosophies, and ethics; and the company’s culture and shared values. Internal considerations have ... Free Essays on Why Did Enron Collapse Free Essays on Why Did Enron Collapse Enron was one of the world’s largest electricity, natural gas, and broadband trading companies, with revenues of over $100 billion until its crash in the fall of 2001. Enron’s strategic intent was to become the blue-chip energy and communication company of the 21st century through its business efforts in four core areas: Enron Wholesale Services, Enron Broadband Services, Enron Energy Services, and Enron Transportation Services. Enron management claimed that each of these business units supported the company’s vision of â€Å"offering a wide range of physical, transportation, financial and technical solutions to thousands of customers around the world.† But Enron’s aspirations of becoming the leader in the energy and communications came to a screeching halt because of a strategy that was flawed by unethical behavior mainly GREED. But how does a corporation that becomes so successful become so greedy? I am of the opinion that the main reason was due to the corporate strategy that was implemented that was more concerned with the continuing growth of stock prices instead of looking at the long run. In the following paragraphs it is shown what constitutes a good strategy and examples of what went wrong. We can start of by saying that a good corporate strategy is one that is shaped by management having an ethical view of external and internal considerations. External considerations include societal, political, regulatory, and community factors along with competitive conditions and overall industry attractiveness; a company’s market opportunities and threats. External considerations on the other hand are of great importance in today’s business world due to the global market that exists. Primary internal considerations are company strengths, weaknesses, and competitive capabilities; managers’ personal ambitions, philosophies, and ethics; and the company’s culture and shared values. Internal considerations have ...

Comparison of Functional and Dysfunctional Relationships Research Paper

Comparison of Functional and Dysfunctional Relationships - Research Paper Example In the commitment stage, the couple is now ready to settle down with each other. Practically, remarkably few people get to the co-creation stage which is characterized by the existence of couples who have decided that they were meant to be together and continue to strengthen their relationship (Miltenberger 45). A functional relationship is a harmonious relationship between two individuals in a given situation such that both parties are emotionally fulfilled. The individuals involved put all their efforts to nurture their relationship ensuring that it succeeds so that they can reap the maximum benefits (Giannet 14). It is established if a procedure is implemented and the process is repeated over and over again so as to improve behavior (Miltenberger, 32). In Desperate House Wives, there are a number of functional relationships that take place at the Romance stage. This is clearly seen from the relationship between Susan and Mike. Mike is seen as a social misfit because everyone thinks that he is responsible for the death of Mary Alice. Susan has a kidney problem and Mike stands by her. Although she has been told that she has only a few months to live, but through all these, Mike still helps her through (Website). They always work as a team and have always been able to resolve any issues that come their way. Lynette and Tom have a functional relationship too. They are in the commitment stage, with some of their children being grown-ups. A lot has taken place in their lives, and they are able to overcome so many challenges (Website). Though they face a major challenge when Tom gets a job that keeps him away from home, they try to work on their relationship together; nobody blames the other for their problems. Dysfunctional relationships are those that emotionally deprive the individuals involved such that they do not perform their functions adequately.  A dysfunctional relationship may become to be if one person in a relationship is more involved than the other, instead of both contributing equally to the establishment

Transmission of ebola virus Research Paper Example | Topics and Well Written Essays - 1250 words

Transmission of ebola virus - Research Paper Example The analysis therefore involves looking at the article and analyzing it. The researchers, subjects, methods and the results and conclusion of the research are all discussed in this paper. The study was carried due to the prevalence of the Ebola disease in the countries the West Africa. There was a total of 4507 of confirmed Ebola cases together with 2296 death caused by the virus. These statistics had been reported from five countries including: Nigeria, Senegal, Guinea, Liberia and Sierra Leone (Team, 2014). The recent epidemic however had been reported to be high as compared to the past ones in terms of mortality and morbidity. There had been reports of symptomatic individuals escaping treatment and diagnosis of laboratory diagnosis provided in the national databases. Several persons have been suspected buried from the disease before the diagnosis was carried out. The largest past outbreak was seen in districts of Mbarara, Masindi and Gulu in Uganda. There were about 425 cases over a three month course from October 2000 to January 2001. This outbreak was being controlled through meticulous application of intervention to reduce further transmission. This was deliver ed by way of care system at the local health level with support provided by the international partners (Gire et al. 2014) . The research was carried out by WHO when they were alerted of the high rates of evolving EVD outbreak in the 23rd of March, 2014. The epidemic was pronounced to be an international concern public health emergency. In between September, nine months later after the occurrence of the first phase, there were still high growths of the numbers of deaths and cases resulting from the disease on weekly basis in spite of efforts of multisectoral and multinational to bring the disease spread under control. The epidemic has grown to the extent of causing huge challenges in control measures implementation to the level expected to prevent transmission and give clinical

The rise of the modern Civil Rights movement Essay

The rise of the modern Civil Rights movement - Essay Example Rise of the modern civil rights movements Major players in the modern civil rights movements Faced with racial discrimination, social prejudice and poor service provisions, the minority groups realized that they had to fight for their legitimate rights. Studies by McWhorter2 showed that religious leaders, influential businesspersons, and early African American scholars pioneered the modern civil rights movements. Some of the most notable individuals who spearheaded the movements included the following, Thurgood Marshall, Martin Luther King, Malcolm X, Rosa Parks, and James Meredith. Thurgood Marshall was the first black Supreme Court justice, who prior to his appointment was the attorney of the civil rights groups NAACP. Martin Luther Jr. being the most influential figure in the civil rights movement was among the founders of summer Christian leadership conference, which organized civil disobedience movements across the nation. Along with Luther in the struggle for civil rights was a lso Malcolm X popularly known as the Black Nationalist and the founder of organization of the Afro American Unity. The main events that shape the modern civil rights movement The efforts of the modern civil rights movements culminated to the legislature of new laws and amendment of racial discriminating laws that had been passed by the past administrations. In 1948, President Truman signed the executive order 9981, which provided for equality of treatment and opportunity for all in the armed forces. Six years later, the ruling by supreme in 1954 abolished segregation in public schools and termed it unconstitutional. Because of the 1954 ruling, James Meredith became the first black person to enrol at the University of Mississippi. In 1963 Martin Luther lead the famous march on Washington which congregated at the Lincoln memorial, where Martin delivered the â€Å"I have a Dream â€Å"speech. In his book, Dierenfiled3, wrote that in keeping his promise of the great society, President Johnson signed the civil Rights Act of 1964, which led to prohibition of any form of discrimination, based on race, color, or religion. According to Pitney,4 the President also signed the most documented act of 1965, the Voting Rights Act, which had been passed by the congress. The act abolished the requirements for literacy test and poll taxes making the voting much easier for the African Americans. In addition, Immigration and National Services Act was also passed in the same year, allowing for citizens from other nations apart from the European nation into the U.S. With the recognition of universal equality for all persons without regards to race or gender, the Supreme Court in 1967 passed a ruling that declared the prohibition of interracial marriage unconstitutional. Another notable event in the timeline of civil rights movement was the Los Angeles riots of 1992, which occurred after a court jury, acquitted four white police officers who were videotaped beating Rodney King. Ot her groups that fought for equality in the 1950s Apart from the civil rights movements that championed for the rights of the African Americans, there were also other civil groups fighting for people with disabilities and workers welfare. In his book Caro5, observed that those living with disabilities also faced the similar challenges to some extent that the African Ameri

The Influence of Celebrities

The Influence of Celebrities The influence of celebrities especially in this century has extends far beyond the traditional role meant for it in the society. The World Wide Web is one of the major causes behind this phenomenon (Choi and Berger). We have now put the celebrities on a pedestal that is on the same or even a higher level than that of our leaders. Simply put, we treat them as the modern day gods. This phenomenon can be seen where in Twitter; Justin Bieber has a lot more followers compared to Barack Obama. (Mell) in his article discusses that it is noticeable that today’s headlines often revolve around celebrity news than other types of news. The quantities of entertainment magazine such as Us Weekly are noticeably a lot more than any other types of magazine. Generation Y’s obsession over celebrities baffles the Generation X simply because they are wondering why are stars and celebrities are so popular. In his article (Callaway) explains about a new psychology study that helps determine on why some stars are popular. The study showed that people just need something to talk about and that it is a basic human desire to connect and find common ground with others. This basic desire pushes us to discuss on an already popular celebrities. The article also states that fame is self-perpetuating thing even when that celebrity is not doing anything that is fame-worthy anymore. Take Brad Pitt for example, he is a very famous actor and while he is now are doing less acting but when his name are mentioned most people would definitely know who he is. (Austin) in her article discusses that the society paints celebrities and stars as they are just like us but they are the better versions of ourselves in every aspect. Her article also highlight that children these days sees fame as a cure for all problems and that fame appears to be an attractive way to fix things. We aimed to be just like them because in our mind, they are living the perfect life – lots of money, fancy cars, big houses, perfect body, and many others. That is why celebrities and stars are so popular. Take Jay-Z for instance, he is a music mogul who was born in an area that is filled with gang violence but he rose from the slums of where he was born to become rich, successful and have a beautiful family. This is what makes celebrities famous because we relate ourselves to them and we want to be like them. Each of us have our favourite stars and celebrities and for us the term stars and celebrities basically bear the same meaning but these two term bears a totally different meaning. According to (Merriam-webster.com), a celebrity is someone who is famous or well-known because of something that the person does. That person can be a socialite, a famous spokesperson, a radio deejay and many more. For example, Paris Hilton is a celebrity because she is famous for her luxurious lifestyle. Meanwhile according to (Dictionary.com) a star is someone who excels in their respective field and has an added charm to them or what we call as charisma. The combination of excellence in their respective field and their charisma is what makes stars stand out from the rest. An example of a star is Sandra Bullock; she is an award winning actress – she won an Oscar for Best Actress in 2010 because she possesses an excellent acting skill plus she has charisma. With the rising demand for more entertainment shows, reality TV shows are created to fulfil the said need thus a new term are coined for its stars. Reality TV shows stars are called media personality. According to (Urban Dictionary), media personality is celebrities that lack in natural presentation talent. For instance, Kim Kardashian falls under the media personality category simply because she got no real talent. Stars are worth millions or more in the entertainment industry. A star worth is based on their characteristics and personality. A star will worth more if they possessed good norms and ethics and of course a star worth more if they have credible skills in the field that they went into. For example, Cristiano Ronaldo, a famous football player in the world, is beating Lionel Messi and Gerard Pique. He gets the highest paid salary estimated around $21 million every year (Kornowski). Beside Cristiano Ronaldo, there are still a number of famous celebrities who got paid the same or more amount as he is. One of them is Jennifer Lawrence. According to the (The Inquisitr News) Jennifer Lawrence was the most bankable star of 2013. Based on Hollywood Stock Exchange, it claims that at first the market value displayed of Jennifer Lawrence in last September is at $125.49 per scene and currently, her market value has significantly increase to $147.83 per scene (Perez). Stars are easy to rose to fame and fade away from it – they tend to become expandable. Thus, stars like film stars need to be worried if they want to remain Hollywood worthy. This is because they need to use their ability and profession to stay bankable. According to The Hollywood Reporter’s author S. Galloway, stars have more pressure to be the first pick for studios because unless they have an impressive box-office record, they cannot demand and negotiate more about clauses that is in their co ntract (Kiisel). In addition to that, people will judge the stars on how do they look, how do they dress themselves and how do they carry themselves. It means that, looks and appearance is very important for a star to gain popularity. An article by (Kornowski) stated that less attractive stars get paid less whereas good looking stars are paid handsomely. If we notice the current trend of how stars look is that almost all the star is good looking and they have a nice body shape which is slim and muscular. Arirang TV conducted a survey with 699 fans to found out which star has the best appearance. The result that came out was interesting. 2NE1 member and Sandara Park is ranked number one with the votes of 24.5%. For the next survey, the question is which female star has the most perfect body. The result shown that 4Minute member, HyunA got the most votes with 13.9% (Oh-dara.com). This shows that it is very important for a star to own a good appearance and perfect body. Star image can be argued that they are the representative of person which they eventually change the ordinary preconception of what is it to be a normal human being in the society. However it is proposed that the society is what stressed them like others in the social group or class to which they belong (Wilson). For example, Lady Gaga is an image and definitely not the real person. Furthermore, star image is not a real person that is created out of range of materials. They could also be reappearing as icons and font. A star’s images use different type of media forms to be recognized by the public. Many stars use their image for advertising and other purposes. Stars image representative of attitudes, shared values and to promote a certain ideas. The star image’s quality is based on the audience’s interest and views. Stars image usually give the audiences a picture or idea or what people are supposed to be like. Stars are commodities produced and consumed on the s trength of their meanings (Dyer). For example, Lady Gaga was made to create a physical embodiment pop culture. Star image also influences the audiences or fans to copy them in the sense of fashion and hairstyle. Sometimes, stars they have a unique image that is impossible to copy but the image they portray has created many fan bases. A star image motif is a running theme for an artist and the aim is to help to establish the artist as a brand (Dyer). Basically, the star image shows how those medias promote or how they advertise in a way that they will make the star popular and earn money. For example, YouTube stars have to produce a good quality of image to attract more viewers and fans. Moreover, they can earn money by getting more views and subscribers. Some of the stars use their image as logo or icons to promote themselves through media. By that they can also earn money from there. For example, Eminem uses his star image in a style in which he has been using for many years like posters and caps. Even though he wasn’t in the music industry for quite a while but he still maintain he style until today. He also earns more than a million by using he own style to promote himself. This idea makes him even popular because the brand makes him stand out and also makes his fans think that he never left. Furthermore, most of the Korean stars use their image to promote themselves and become popular even though there are not very talented. This is because media is what makes them good looking and popular. Through media also helps them earn more money and also more fans. Pop star like Justin Bieber, Rihanna, Lady Gaga and Bruno Mars earn more money because of their talent and also their appearance. On the other hands, they also promote themselves through their albums and also cover magazines that make them even popular and earn more incomes. Paparazzi and journalist are known as the ones who publicize famous stars and celebrities for the public. Even though, they are known as annoying yet persistent stalkers who would go against their ethical practices to get the shot or story they desire but this day and age what we think and talk about with our friends and family greatly revolves around the glamorous, and usually scandalous, lives of the rich and famous as said by (Tong). Nowadays, we have created a new platform of entertainment by introducing stars and celebrity television program or better known as reality TV shows to parade themselves and earn money from us like TMZ, Perez Hilton, E! News, web-blogs, tabloids and so on. However, many argued that stars and celebrities chose a career that requires them to be in the public eye and receive a lot of attention. Many believe that if a star or celebrity stays out of the media, they could be unrecognizable and someone might steal their spotlight. Therefore, it is undoubted t hat the press who sells explicit photos, the public who buys them and the celebrities themselves are as responsible for the invasive journalistic practices that pry onto star and celebrities private lives. All three parties are equally as responsible in such practice as the journalist; press and celebrity make money out of it. Paparazzi and journalist target famous people whom they consider the public to have voracious appetite for. The public obsession towards a star or celebrity could result in encouraging paparazzi and celebrities to go above the limits of invasive antics. It is only when harm occurs that the public becomes outraged enough to criticize the news gathering techniques of the paparazzi. For example, who would blame Britney for losing control or Lindsay Lohan for feeling she cant trust anyone† says (Tong). It is because people like us are the ones who pressure stars and celebrities to give portray and image we want to see the in. Whether or not it is bad or good. They may be able to disgrace some people, but in the end, the publishers and readers will make a decision based on the bottom line of it, not whether its right or wrong says (Puente). Frank Griffin, co-owner of the Bauer-Griffin paparazzi agency mentioned that paparazzi does not waste time on famous people whom they fail to cover in as time is the essence of money and the demand on different famous people changes all the time. The paparazzi â€Å"are so easy to avoid Griffin says. Just cover your face, and if you do that every day, theyre not going to get any pictures, theyre not going to make any money and theyre not going to sit outside your door anymore. It is a cycle of demand where it is through the demands of the public that encourages paparazzi and journalist to covers on a certain famous people who they desire to know and is obsessed about. Thus, making the press company to buy photos and stories of famous people the public demand and publicize it. Although it may seem like famous people often avoid paparazzi and press but it was argued that famous people themselves wants to be publicize as well and be used for product endorsements and advertising schemes (Tong). Most of celebrities go to places where they know paparazzi will always be there. Some even call ahead of time to notify paparazzi and journalist of where they are. An article by the (Urban Times) stated that â€Å"There are even rumours that celebrities themselves asked their public relations team to alert paparazzi to their locations in ensuring maximum coverage. In some ways it is win-win for both parties; it’s certainly a complicated relationship.† Meanwhile, in a written article by (Anderson) said that â€Å"the stakeouts and high-speed chases that the paparazzi are notorious for sound horrible, but if people didn’t read the magazines or didnt care so much about the celebrities, there wouldnt be a demand, and the paparazzi may disappear.† In this era where the World Wide Web creates a ‘limitless’ kind of world where information is literally at the tip of your finger celebrities are seen to be centre of it. The internet provides an easy and perfect platform for celebrities to further spread their fame and thus cemented their status in the public eye. From what we gather is that the society put celebrity’s life as benchmark for what a good life should look like – celebrities are put on a pedestal and they are our modern day god. Other than that, we learn about what makes a star bankable – their good looks. Also we look into the fascinating relationship between the stars and paparazzi where we can conclude that it is a win- win situation for both party but there are some boundaries to be obey because now the paparazzi does not only portrays the star alone but also they are lurking about the star’s family. An article by (Schaefer) discusses about â€Å"a bill aimed to protects the children of celebrities and public staff officials from paparazzi.† This bill basically protects the child’s star from any form of harassment including photographing or recording that child without parental consent. In a support to help this bill to be passed, actress Halle Berry and Jennifer Garner both testify in front of the legislative committee. Berry in her statement said â€Å"They ask my daughter questions that are inappropriate for a 5-year-old to have an answer.† While fellow actress Jennifer Garner states that â€Å"she made the decision to have a public life when she chose her career (acting), but her children are private citizens, just like anyone elses.† This bill clearly creates a strain in this star-paparazzi relationship with the newspaper publishers are among those who oppose the bill stating that it would violate on the journalists’ ability to do their job s. With all of this fame that the stars garnered over the years we cannot stop to but to wonder that with fame come great consequences. Julia Roberts once said that â€Å"I dont think I realized that the cost of fame is that its open season on every moment of your life.† This simply portrays that once you are famous your life are owned by the public or so to speak. Word Count: 2624 words References Anderson, Christina. Are The Paparazzi Just Doing Their Job, Or Are They Overstepping Their Boundaries?.The Huffington Post. N. p., 2014. Web. 21 Jun. 2014. Austin, Anastacia. Why Are We So Obsessed With Celebrities?.Buzzle. N. p., 2007. Web. 20 Jun. 2014. Callaway, Ewen. How Celebrities Stay Famous Regardless Of Talent Science-In-Society 24 June 2009 New Scientist.Newscientist.com. N. p., 2009. Web. 20 Jun. 2014. Choi, Chong Ju, and Ron Berger. Ethics Of Celebrities And Their Increasing Influence In 21St Century Society.Journal of business ethics91.3 (2010): 313318. Print. Dictionary.com,. The Definition Of Stars. N. p., 2014. Web. 20 Jun. 2014. Kiisel, Ty. You Are Judged By Your Appearance.Forbes. N. p., 2013. Web. 21 Jun. 2014. Kornowski, Liat. Shes Worth HOW MUCH?!.The Huffington Post. N. p., 2013. Web. 21 Jun. 2014. Mell, Mic. Is Celebrity Obsession Destroying Our Society? | Thecelebritycafe.Com.Thecelebritycafe.com. N. p., 2009. Web. 18 Jun. 2014. Merriam-webster.com,. Celebrity Synonyms And More From The Free Merriam-Webster Dictionary. N. p., 2014. Web. 20 Jun. 2014. Oh-dara.com,. Article: Dara Ranks First In Arirang TVs Survey Which Star Has The Best Appearance. N. p., 2012. Web. 21 Jun. 2014. Perez, Adrian. â€Å"The Bankable Star: Why Jennifer Lawrence Is Going To Be Around In The Film Industry For A Long Time†; -A Close Look At Market Value Improvements -How A Film’S Box-Office Success Makes Its Stars More Bankable.Cineasts POV Press. N. p., 2014. Web. 21 Jun. 2014. Puente, Maria. Celebs Push Back Against The Paparazzi.Usatoday.com. N. p., 2014. Web. 21 Jun. 2014. Schaefer, Samantha. Halle Berry, Jennifer Garner Testify On Paparazzi Bill.Los Angeles Times Articles. N. p., 2013. Web. 22 Jun. 2014. Dyer, Richard. Star Image.Slideshare.net. N. p., 2014. Web. 21 Jun. 2014. The Inquisitr News,. Jennifer Lawrence Was The Most Bankable Box Office Star Of 2013. N. p., 2014. Web. 21 Jun. 2014. Tong, Arianne. Do Celebrities Deserve Some Level Of Privacy By Arianne Tong | Entertainment Scene 360.Entertainmentscene360.com. N. p., 2014. Web. 21 Jun. 2014. Urban Dictionary,. Media Personality. N. p., 2014. Web. 20 Jun. 2014. Urban Times,. Celebrities Are Using The Power Of The Paparazzi For Good. N. p., 2013. Web. 21 Jun. 2014. Wilson, Karina. Mediaknowall ASA Level — Stardom.Mediaknowall.com. N. p., 2014. Web. 22 Jun. 2014. 1

Vagrancy in Sixteenth and Seventeenth Century England :: British History 16th 17th

Vagrancy in Sixteenth and Seventeenth Century England Throughout the work An Account of the Travels, Sufferings and Persecutions of Barbara Blaugdone, there is a common occurrence of imprisonment. Wherever Blaugdone traveled, she seemed to come across some confrontation with the law. This should not be surprising, for in the time period when this work was written many laws, statutes, and acts had been established to thwart the spreading of unpopular Quaker views. Many acts were established primarily to prevent the ministry of Quakerism; however universal laws, especially those to prevent vagrancy, were also used against traveling Quakers. Vagrancy had always been a concern in sixteenth century England, resulting in the passing of four anti-vagrancy bills in 1547 alone. This resulted in legislation so harsh that a person charged with vagrancy could be sentenced to two years enslavement, which could be extended to life enslavement if they tried to escape. When these bills did not seem to prevent the occurrence of beggars on the street, the Vagrancy and Poor Relief Act of 1572 was instated. This act called for a â€Å"three strikes and you are out† policy, where on a person’s third vagrancy offense they could be rightfully put to death (Woodbridge 272). This legislation was the policy for over twenty years until it was repealed in 1593 for being too strict. In 1597, the new Vagrancy Act authorized the government to banish anyone caught offending the vagrancy laws. After a 1598 statute reestablished slavery as the proper punishment for vagrancy, there were a number of years where periods of l eniency and harshness of punishments alternated. It is important to note the history of these laws since many of them were never entirely repealed. However, it was in the early seventeenth century that a particular legislation finally became the common law that would rule for centuries. In 1601, England passed the Act for the Relief of the Poor, which would be the commanding authority on this issue until 1834. This act established the church as the sole establishment responsible for the care of the poor. If a family was not able to get by, it was the responsibility of the area parish to ensure that the family was taken care of (Woodbridge 272).

Beowulf – Anglo Saxon Culture

Beowulf’s Strength and Fearlessness Anglo-Saxon poetry reflects their culture and life. Poetry is a wide part of their lives, and many of them passed to the descendants through the word of mouth. From many poetry told, â€Å"Beowulf† would be a first class example of the Anglo-Saxon lives. â€Å"Beowulf† is a poem about a brave hero who hears tales of a fearsome beast that tore a kingdom apart. Beowulf, the main character, as a brave warrior, fights the beasts and saves the kingdom. Beowulf is fearless and strong.These characteristics show the values of the Anglo-Saxon culture. Beowulf was â€Å"the strongest of the Geats† and â€Å"greater and stronger than anyone anywhere is this world† (lines 110-111). This proves that Beowulf was stronger than any Anglo-Saxon men. Beowulf also realizes himself that he is strong too. He says, â€Å"He could never leave me behind, swim faster / Across the waves than I could†¦Ã¢â‚¬  (274-275). He says this t o prove that he is strongest of all men, and that no one could beat him in anything.The significances in Beowulf’s outstanding physical abilities reveal the value of strength in the Anglo-Saxon culture. Among the Danes and Geats, Beowulf is praised as the epic hero because he defeats the vile monsters, Grendel and his mom. Grendel and Beowulf would be total opposites of each other. Grendel is the demon who â€Å"snatched up thirty men, smashed them / Unknowing in their beds, and ran out with their bodies† (37-38). The people of Herot despised Grendel for his slaughtering. When Beowulf kills Grendel, Herot gains freedom from the demon.That basically makes Herot love Beowulf for his good deed. Beowulf â€Å"struck with all the strength he had left, / Caught her in the neck and cut it through, / Broke bones and all. † (641-643) and â€Å"then struck off / His head with a single blow. † (663-665). The slaughter of Grendel and his mother saved Herot from its c ontinuing of sorrowful deaths. Again, Beowulf’s value of incredible strength reveals the Anglo-Saxon culture. Beowulf was fearless to all of his enemies and never lost a battle. He never forfeited any of them, and won victory every time fair and square.When Beowulf first arrives in Herot, he is asked to leave all his weapons. Beowulf says, â€Å"My lord Higlac / Might think less of me if I let my sword / Go where my feet were afraid to, if I hid / Behind some broad linden shield: My hands / Alone shall fight for me, struggle for life / Against the monster. † (170-175) Beowulf doesn’t want to look like a weak hero by taking all of his weapons, so he leaves his spears and battle-shields behind. He doesn’t want his king to think less of himself.Beowulf emphasizes his fearlessness by leaving all of his weapons behind. The standout of Beowulf’s fearlessness shows an Anglo-Saxon characteristic. Beowulf also shows his fearlessness during the celebration a fter Grendel retreats with his arm cut off. Beowulf says, â€Å"When we crossed the sea, my comrades / And I, I already knew that all / My purpose was this: to win the good will / Of your people or die in battle, pressed / In Grendel’s fierce grip. Let me live in greatness / And courage, or here in this hall welcome / My death! (364-369) Beowulf says that he would rather die in Grendel’s hand if he could not defeat him. He does not fear to give up his life in a battle if he can’t win. This demonstrates that Beowulf is not fearful at all, even in front of death. Beowulf’s actions toward death show fearlessness, an Anglo-Saxon characteristic. From the poem â€Å"Beowulf†, the main character, Beowulf shows strength and fearlessness, the characteristics of the Anglo-Saxon culture when he first arrives to Herot and when he defeats Grendel and his mother.

Drama Essays

Drama Essays Drama Paper Drama Paper Essay Topic: Poetry drama a genre of literature that conveys a sense of urgency and heightened emotion to a reader or audience; began with the folklore of primitive people as they told of important events and people in their history Theater Drama a drama presents a story through the actions and speech of actors who assume the role of the characters before an audience four basic types of drama -tragedy -modern drama -melodrama -comedy tragedy a literary work in which a hero or protagonist is destroyed by some flaw within his character and by forces that he or she cannot control; The fate of the hero, or protagonist, is tied to questions about morality, fate, and the meaning of life. tragic flaw a fault or an imperfection that eventually leads to the downfall of the protagonist (hero or heroine) of a story modern drama was developed out of the tragedy in the late 1800s at the end of the Victorian period of literature; similar to tragedy; The main difference between a tragedy and a modern drama is the possibility of a happy ending in the latter melodrama differs from a tragedy because there is a possibility of a happy ending; are stock characters in a melodrama including a villain, a hero, and a vulnerable heroine; literally means a play with music; plot most often involves an improbable situation featuring the struggle between good and evil comedy a type of drama that is whimsical, funny, and sometimes absurd; may show characters in a light-hearted conflict with themselves, each other, or society subplot a minor or secondary plot in a narrative that may affect the main plot in a positive or negative manner round character complicated and, as a result, seems more believable and vivid flat character exhibits only one or two qualities or traits and is less important to the story static character stays essentially the same throughout the action of the story dynamic character changed by events or interactions with other characters, in contrast to a static character In Act II, Scene II, what does Juliet mean when she says, Whats in a name? that which we call a rose by any other name would smell as sweet? Romeos name has nothing to do with who he is. Romeo says, My life were better ended by their hate, than death proroguà ¨d, wanting of thy love. Why is this statement ironic? (Hint: proroguà ¨d means postponed) Romeos life will be ended by his own tragic flaw, not the two households hate. Which of these is a remark that is delivered by an actor to the audience that is not heard by the other actors on the stage? aside Which of these definitions best describes mood? the feeling the reader gets from reading literary work, such as happy, sad, angry, somber, etc. In the prologue, what is meant by ancient grudge break to new mutiny? The two households will continue to feud. Why does Juliet not want Romeo to swear his love by the moon in Act II, Scene 2? the moon changes Which of these is a literary work that is whimsical, funny, and sometimes absurd? comedy Which of these definitions best describes plot? the action and sequence of events in a story that are usually a series of related incidents Which of these is a literary work in which the hero is destroyed by some flaw? tragedy Which of these definitions best fits the description of theme? a recurring pattern, style, or motif that is developed in a story Which of these is a literary work that originally included music and featured a struggle between good and evil? melodrama Which of these definitions best describes tone? the overall feeling an author portrays to the audience What is Romeos tragic flaw? intense love Which of these definitions best defines the resolution? describes how each character was changed by the events of the story and provides and outcome to the central conflict What is the rising action of a story? a series of events that build in intensity before the climax Which of these definitions best describes character? a person, animal, object, or natural force in a story or poem Which of these terms is defined as the words an author uses in a literary work which is part of a literary style? diction Which of these definitions best describes exposition? sets the stage for the story and identifies the characters and introduces the story conflicts Which of these is a speech by one person or character in a play? monologue Which of these terms is defined as the main character of a story? protagonist Which of these definitions best describes the inciting incident? *NOT* the event that sets in motion the central conflict of the story

Hard Rock Cafe Vietnam Expansion Opportunities And Threats Tourism Essay Example

Hard Rock Cafe Vietnam Expansion Opportunities And Threats Tourism Essay Example Hard Rock Cafe Vietnam Expansion Opportunities And Threats Tourism Paper Hard Rock Cafe Vietnam Expansion Opportunities And Threats Tourism Paper The name Hard Rock Cafe is self-contained plenty to do clients believe of an arousing atmostphere where emphasiss and force per unit areas from everyday life give in to entire relaxation and refreshness. Hard Rock, being welknown for its unforgetable dining experiences, possesses the most valuable music memorabilia aggregation in the universe that worth up to US $ 40 million ( Hard Rock Cafe International, 2009 ) . Together with its growing, Hard Rock has brought the spirit of Rock-n-Roll to more than 52 states, doing the Cafe among the most accepted trade names internationally. Not limited to the music aggregation, Hard Rock coffeehouse besides takes pride in its superb culinary art, comprehensive human resource direction and strategic places. In order to detect how the Cafe can execute so good in the market, closer expression should be given to Hard Rock s operation schemes. Originated in England, but the land where Hard Rock is at its premier and sets the requirement for its trade name to travel international was the United State of America. In England Hard Rock has merely two coffeehouses in London and Manchester severally. No Hard Rock hotel or casino is located at that place. Whereas, the figure of Hard Rock sites in America is impressive with 45 coffeehouses, 7 hotels and 3 unrecorded concert scattering all over the states. This underpinned a brilliant alteration in Hard Rock s location scheme ( Hard Rock Cafe International, 2009 ) . : Harmonizing to Heizer A ; Render ( 2008 ) , before gap in a specific country, Hard Rock directors ever conduct a thorough research in order to come up with a elaborate and comprehensive study refering whether the topographic point is suited. The study include a figure of factors that are demographics, visitant market, transit, eating houses, etc and each factor is weighted carefully in order to give a big image of the planned environment for Hard Rock. Even though a research is non easy to carry on, it is truly good to Hard Rock in tem of hazard cut downing and growing prospect. Rather than blind investing, a Hard Rock can utilize the informations gathered to derive entree to a sufficient base of clients and guarantee that the Cafe s operation does non conflict the authorities s ordinances. Concentrating on the enormous revival of metropolis centres where nightlife tends to concentrate is besides a sensible pick of location for the Cafe as life styles in those metropoliss are qui te dynamic and people tend to pass more on amusement. With a long term determination for location, at least 10 to 15 old ages, the break-even analysis is applied by Hard Rock to see when the coffeehouse s net incomes can cover all of its land and building cost. Hard Rock s determinations appear to be conflicting since resurgent metropoliss ever accomplices some degree of instability. Therefore, the apparently safe determination of perpetrating at least 10-to15 old ages in those metropoliss turns out to be unsure. However, it has to acknowledge that Hard Rock neer disappointed its clients. Whenever shuting a underperforming coffeehouse, clients can ever trust to see another one gap nearby shortly, and in a more ideal topographic point. Puting into the context that Hard Rock s chief clients are tourers, location and convenience become highly important. Hard Rock cafe New York from 57th Street, as an illustration, has been relocated to the amusement and tourer topographic point of the universe, Times Square ( Hard Rock Cafe International, Inc. 2005 ) . What amazing is while the former officially closed its doors on August 11, 2005 the latter came unfastened right on August 12 the same twelvemonth. Hard Rock s campaign for location seem to be indefatigable since whenever any of its cafe stopping points for hapless public presentation ( such as in Caracas, Venezuela ) , it can instantly happen its new lands ( like in Gran Canarias, Belo Horizonte and Mumbai ) . However, with such a planetary enlar gement, Hard Rock should take prudent stairss to avoid unexpected impacts ( such as natural catastrophes, recoup or tabu ) . Hard Rock might happen franchising a safe solution to do its gateway to a new society every bit good as to minimise attach toing hazards that result from strangeness or finance limitation. Franchise, hence, might offer a solution ( Hard Rock Cafe International ) . ( Refer to appendix 1 for the pros and cons of franchising ) Human resources: Since employees are those who interact with clients the most, they represent Hard Rock to convey to the clients different experiences. Hard Rock has adopted a comparatively comprehensive HR scheme in order to hike the Cafe s productiveness and efficiency. Hard Rock s HR direction procedure Harmonizing to Acas ( 2010 ) , enrolling incorrect people for the organisation can take to many jobs including increased labour turnover, increased costs for the administration, and lowering of morale in the bing work force as those people barely have committedness and passion for the occupations. Therefore, enlisting should be given extra-attention which might be cost and clip consuming at first, but can cut down the incommodiousnesss in future clip. Hard Rock normally does nt curtail its enlisting pool since the the Cafe wants to hold diversifying employees in order to enrich its on the job civilization. This is besides a really wise determination because the wider the scope of appliers, the more likely Hard Rock can take the most gifted for the occupations. However, as together with the company s growing, staffing direction becomes an obstruction that Hard Rock has to manage. While direction staffing is tackled in corporate degree, the duty to staffing hourly employees is claimed by the general director at each coffeehouse. This lead to the stacking up of plants for coffeehouse s directors who are already occupied with affairs such as gross revenues and finance. The multi-recruitment tool CKR interactive has offered a solution by developing a comprehensive hourly enlisting selling plan. This plan begins with the research on employees civilization, whose consequences will give the base for edifice and advertisement runs to pull appliers. This plan is really utile since it provides the general director with a assortment of solutions, composing of advertisements, internet posters, and cyberspace streamer advertisement and even in-store postings to enroll invitees in the coffeehouse. With the Love all, serve all motivation, Hard Rock selects employees who are knowlegable and fond of music, every bit good as good at interpersonal accomplishments. Enrolling the right people for the right places, furthermore, saves money for the procedure of hiring and preparat ion in the long term as employees are more likely to experience satisfied with their occupations, know what are expected from them, and remain on occupation longer. After enlisting, preparation is besides really important because in this phase, employees are given practical cognition on what they are required to make. Normally, employees in Hard Rock have to go to a two-day preparation ( Heizer A ; Render 2008 ) . This preparation aims to familiarise the employees with the bill of fare content and the table countries so that they can take the order right and avoid staff congestions. The 2 twenty-four hours preparation, though really effectual in bettering employee s productiveness, is non plenty to keep their public presentation, particularly when Hard Rock commits to custom-make their services. On-job preparation plan should be given so that employees can interchange their thoughts and accomplishments, heightening non merely the productiveness of single employee but besides the whole staffs. Official developing class should besides be given on yearly-basis to bing employees to further their public presentation every bit good as to roll up feed back to following twelvemonth preparation, maintaining the employee on path of clients demands and functioning attitudes. Employees, after being recruited, must be motivated on a regular basis so that they have the inner driver to accomplish better consequences. Hard Rock starts with an effectual working agenda, giving employees productive working displacement with ranking of single importance for each displacement. The consequence of this flexible agenda is employees non merely can mentally but besides physically fix for their work, maximising their productiveness. Furthermore, waiter-gratuities petition of 5 % of the entire measure is imprinted in the coffeehouse s bill of fare is among the direct incentive for employees to work hard as the more people they serve, the more money they will acquire. Nonetheless, pecuniary incentive sometimes does nt hold the long-run consequence since employees ever have their bound. Non-monetary award becomes progressively critical in maintaining employees every bit good as in raising employee s committedness. In Hard Rock, directors can be promoted through hourly emp loyee ballots, giving the director the motivation to neer self-content with their current occupations. Outstanding employees of the old ages are besides a plan to raise employees self-pride, raising employee s moralss and enthusiasm for their work. Employees working for Hard Rock more than 10 old ages are besides awarded with a $ 10,000-worth Rolex, a ground for them to remain longer in the company ( Knight, 1999 ) . Apart from really good rewarding policy, people working for Hard Rock besides have the chance to partake societal activities in many voluntary plans. They can truly let go of their occupation force per unit area to recognize that their milieus are non restricted to the eating house but are extended to a larger community. At the same clip, societal activities can heighten employees ethical criterions that are necessary to make an ethical working environment. By actuating in both pecuniary and non-monetary term, Hard Rock is a preferable employer for many people and ben efit from low turnover rate. Nonetheless, motive should be just and on right people. Hard Rock has to guarantee that every employee have to opportunity to make their best and their attempts are recognized by their directors. For illustration, the same employee will non be scheduled in a fixed displacement during the hebdomad since he might either acquire excessively dog-tired due to work overload or have low tip. To cognize whether the motive and wagess are for the right employees, rating will make up ones mind. Normally Hard Rock uses employees vote for public presentation assessment. Gross saless are besides a method to cipher employee s productivenesss. However, these two types of rating are subjected to many variables such as employees realationships or the tourer industry s wellness, which barely delivers accurate information. It s extremely recommended that Hard Rock follow new assessment measurings that depict employees public presentation objectively. The 360o feedback, observation, interview or mysterious invitee will back up Hard Rock Cafe s directors in right measuring their single employees ( appendix 2 ) . Quality: Quality is besides a major portion of operation direction scheme in Hard Rock. Hard Rock chooses its stuff from qualified providers. For case, beef supply for Hard Rock Cafe s Burger bill of fare is the land Certified Augus Beef, a celebrated trade name in America ( Certified Augus Beef ) . More than that, Hard Rock develops a thorough nutrient quality look intoing system to guarantee the consistence of the nutrient s criterions. Understanding that stock list direction straight affects the quality of the merchandises, Hard Rock coffeehouse chooses the FIFO ( first-in, first-out ) for perishable stock list so that to cut down the storage clip of nutrients and drink while keep the consistent quality for every repast served ( Reed, 2008 ) . Harmonizing to Heizer A ; Render 2008, repasts in the Cafe are ranked with the highest degree of 7 and if the ranking is below 7, the merchandise is failed. This stiff demand encourages both directors and employees to ever take high and neer lose at tending to the merchandises quality. By delegating excess people to duplicate cheque every dish in the kitchen before directing to the clients, Hard Rock besides makes certain that repasts are met with the rigorous criterions set. Opportunities and menaces for Hard Rock s enlargement to Vietnam: Location Refering the enlargement of Hard Rock Cafe to Vietnam, there are certain advantages. Harmonizing to Hodgson ( 2007 ) , the state s developing touristry with about 3.6 million tourer reachings per twelvemonth is predicted to rank among the top 10 tourer finishs by 2016. In the hereafter, furthermore, a new F1 racing bowl was permitted by the authorities to be built in Khanh Hoa state. This bowl is expected to be built within 3 old ages with the estimated building fee of USD150 million. The bowl will be the largest 1 in Southeast Asia that can pull about 600 million people per hebdomad. This information proves that Vietnam is traveling to be a moneymaking finish for Hard Rock.A However, with the uninterrupted gobal economic crisis in recent old ages, touristry in Vietnam has witnessed a important downswing that is improbable to retrieve in affair of yearss. If Hard Rock invests in Vietnam at this point of clip, it has to be prepared with a strong finance so that Hard Rock can feed up i tself before truly doing net incomes. Until December 17, 2010, Hard Rock Ho Chi Minh has been runing for precisely one twelvemonth. Its location is Kumbo Asiana place, 39 Le Duan, District 1, the centre of Ho Chi Minh metropoliss where people are dumbly inhabited. This was a franchised coffeehouse owned by Viet Thai Group, a corporation that was celebrated for its High Land Coffee concatenation ( Thien, 2010 ) . While High Land Coffee aims at mass market, Hard Rock dressed ores on supplying service for upper category people. Mr. Thai Viet, general manager, said that securing franchise of Hard Rock is the company s tactics to widen its market coverage. The development of Hard Rock Cafe Ho Chi Minh shows a positive mark for the company s being in Vietnamese market. More than that, the concern seems to make good and program to do its following move to Hanoi. Mr. Thai Viet expects to open 4 more HRock coffeehouse in the following 3 old ages and believes Hanoi, Ho Chi Minh metropoliss and Da Nang where life criterions are hig her than norm will be good topographic points for Hard Rock. He besides has strong assurance that Hard Rock does non hold any rival as no other coffeehouse an offer such original experience to the clients ( Thien, 2010 ) . Mr. Thai Viet seems to be excessively posotive because even when this coffeehouse does nt hold any challengers, the available of replacements can still impact its overall public presentation. Although Hard Rock coffeehouse Vietnam offers lower monetary values for repasts in compared with its other subdivisions in foreign states due to favourable factors like inexpensive supplies and low operation cost, the monetary value for a Hard-Rock experience is still higher than the mean market of Vietnam. For illustration, the lowest monetary value for a cup of java in Hard Rock is 50,000 VND while java in the market is offer at around 20,000 VND per cup. Many people would instead take to hold java in normal store and wage less. Additional, some metropoliss like Da Nang whe re there are many epicurean resorts forming indoor activities and jubilations that are already included in a bundle for their invitees, it is improbable that tourers will jump the events and fall in Hard Rock. Hard Rock, hence, will hold to set these factors into consideration. Another job is the monetary value of land in Vietnam is really high, no affair if it is for purchase or rent. As the investing rises, location analysis become more ambitious for the Cafe because longer clip will be required earlier Difficult Rock can get down doing net income. Human resource About human resource, Hard Rock Vietnam can do advantage of the plentiful and inexpensive labour. As the lower limit pay in Vietnam is 750 VND ( around $ 32 ) contrast to $ 1,740 in the U.S ( About.com, 2009 ) , Hard Rock can anticipate to diminish its salary disbursal greatly, therefore, raise the net net income. Meanwhile, inexpensive labour normally have limited accomplishments and requires more preparation. In Hard Rock, where employees do non simply take orders but inspire the clients with the Rock-n-Roll spirit every bit good, trainining become more onerous. With music memorabilia holding linguistic communication different from Vietnamese, employees will hold difficult clip explicating to the clients significance of each vocal. Therefore, Hard Rock in Vietnam should supply a music briefing on a regular basis in add-on to general preparation class to guarantee the employees apprehension of the Rock-n-Roll history every bit good as the basic significance of the day-to-day vocals played in the Cafe. Runing concern in Vietnam means Difficult Rock as to purely follow the local authorities s ordinances related to labour. Child labour, for case, is purely prohibited. Hard Rockc will non be allowed to engage people under 15 old ages of ages for any place in the Cafe ( Save The Children, 2010 ) . Simultaneously, it has to supply equal occupation chances and benefits to both male and female workers. Cafe hire people to work extra-time, Harmonizing to Vietnamese Torahs, every shop has to shut before 12pm. Therefore, to use people working after this clip will besides be banned. Employees working in Vietnam might requires the same on the job conditions as in other states once they are employed by Hard Rock, irrespective of whether the coffeehouse is owned or franchised. It, hence, will be sensible for an employee to inquire for a $ 10,000 Rolex ticker after working 10 old ages for Hard Rock. In around 10 old ages times from the Cafe s constitution in Vietnam, when it might merely break-even its operating expense cost, whether Hard Rock will be able to pay another huge amount for honoring its loyal employees should be a inquiry leave to the directors. Quality The major job that remains unresolved in Vietnam for many old ages is nutrient safety. The World Heath Organization representative in Vietnam ( 2010 ) estimates the cost of food-borne diseases, doomed of production from diseases and related affairs to be US $ 1 billion per twelvemonth, equal to 2 % of the state s GDP. Since what people eat affect their wellness straight, happening healthy nutrient supplies have been the concern for everyone in Vietnamese society. As Hard Rock has been known as an upscale service supplier that earnestly follows its nutrient criterions, the presentation of Hard Rock in Vietnam match the clients hunt for a dependable restaurant.This surely is a great chance for Hard Rock. Nevertheless, to keep high-quality repasts in Vietnam is highly hard when the market is flooded with unhealthy ingredients. Even more, some ingredients are traded freely without the clients recognition of beginning or authorities s license. The quandary is while Hard Rock Vietnam can non merely purchase any nutrient in the market without inspecting for quality since it will negatively act upon the Cafe s hallmark, it surely will non import all of its nutrients overseas either because this will do the monetary value of repasts unreasonably expensive for the consumers. How to equilibrate the quality, the cost of natural stuffs and the interests of clients will be a complex inquiry for Hard Rock to reply. Ideally, Hard Rock should incorporate both the domestic and foreign supply in its operation. As for the imported stuffs, Hard Rock will hold to guarantee that those nutrients are allowed by the authorities and are cleared from review. With domestic nutrients, Hard Rock should merely contract with realiable providers who have standardized nutrient reaping or treating system and have the ability to orient to the nutrient quality demand of Hard Rock Cafe Decision Developing comprehensive operation schemes that are alligned with and responsive to the market trends is the cardinal success for Hard Rock. The Cafe is really prudent in happening its places, serious in pull offing its human resources and strict in commanding its merchandise s quality. Apparently, even the best can still be better. By doing its location stategy more congruous with its net income mark, Hard Rock might be able to turn up itslef in more possible topographic points, avoiding unstable concern environment which caused the underperformance, and therefore, destruction of several Hard Rock Cafe shops. More effectual employee rating tools should be used to maintain the right employees and extinguish unsuitable people. The quality criterions in Hard Rock should be kept on and closely monitored so that to keep high degree of client s satisfaction, which adds to the Hard Rock s repute. As states differ from one to another, Hard Rock no affair how experient in its field, will come across certain chances every bit good as challenges one time researching a new market. Vietnam, in its class of developing, will be a prospective finish for Hard Rock. But to fufill its enlargement program to Vietnam, the Cafe has to get the better of the troubles awaits. However, with its flexibleness and strong inner capacity, Hard Rock has its grounds to anticipate another success.

Research paper on Witness Lee, founder of Living Stream Ministries

On Witness Lee, founder of Living Stream Ministries - Research Paper Example Lee was an influential preacher of Christianity and used to emphasize upon the experiences of the life of the Christ as he believes that the followers could carry out the goals of God through proper understanding about oneness of Body of Christ. He established the Living Stream Ministry in 1965. It was located in Anaheim California. The minister worked for the publication and spread of the works and books of Witness Lee and Watchman Nee (Huei Liu, p182). Lee carried efforts for the establishment of local churches in Western hemisphere and South East Asia. As part of local church movement several churches were also founded in Russian and eastern European countries. Lee believes that the local churches are the Lord’s Recovery. He also divulged the living stream minister version of Bible that is called as â€Å"The Recovery Version†. It is based upon the belief that God moves to establish a thing for the first time and when it is destroyed by Satan God moves second time to recover the loss made by Satan (Nee, p89). According to Lee, the creation of the universe is also based upon this cycle as it is written in Genesis that God created heaven and earth that became empty and water and then during the six days of creation God worked for the recovery of earth and heaven. The Jewish temple built by Solomon was destroyed and Jews recovered it after returning to Jerusalem. He teaches that the churches were built in the 1st century and destroyed during the dark ages and now they are being recovered in the age of reformation. He founded the living stream ministry also to affirm that the local churches are evidences of recovery of Christ. The preaching of Lee are based upon the thought that Lord Recovery is simply the recovery of Christ that is often viewed as recovery of genuine oneness and proper church life however; these two things are also actually the recovery of the Christ that is everything for the believers. He taught that the believers of Christ have to remain determent upon their beliefs in oneness of God. There are two aspects of Lord Churches; local and universal that express the body of Christ in the locality. The universal aspect of churches is explained in Matthew 15 and Epistles whereas the local aspect of church has been presented by Lord in Matthew 18, apostles, the Epistles and Revelation (Piepkorn, 78). Lee insists upon the importance of Churches in the lives of the believers that they could understand the oneness of Lord by apostle addresses in Church’s meetings where they have to declare that we are the church. The local churches should be visited by the genuine Christ’s believers rather calling them Baptist, Catholic or Methodist that is against the oneness of belief in Christ and churches. Lee also threw the light upon the importance of following Lord Commands while understanding the functionality of the economy. He frequently used the phrase God’s economy to present that thought that economy is a subject of Bible because the economy is like household of God and he has defined the laws to run the economy on his lines in order to gain the corporate expression of Him (Bays, p312). He spent considerable portion of his life travelling and spreading the message of the Local Churches and their importance. He also worked to establish the â€Å"New way† so that he could eliminate the odd thinking about the local churches. He decided that the new way is based upon four major pillars. At first the meetings are arranged at

Redbull case study Essay Example | Topics and Well Written Essays - 750 words

Redbull case study - Essay Example Red Bull overall marketing strategy is a combination of both global and local strategies. Red Bull has devised a unique, innovative, viral marketing strategy which mainly targets consumers in need of energy boost, especially young adults, club-goers, college and university students and young urban professionals (Kotabe & Helsen, 2014). This local strategy has seen growth of sales locally in countries where it operates. On the other hand, the company has expanded its distribution channels in various countries all over the globe using a strategy that is in no way related to traditional marketing strategies. In the process of international market selection, demographic segmentation criteria would be most relevant segmentation criteria. Having devised this approach in its market orientation, where its target group was those consumers who are in need of energy boost, especially the young people, this would also work in the process of international market selection. Putting into consideration demographic characteristics such as age, lifestyle, income, occupation, sex, education and nationality would help Red Bull select the best international target markets segments whose buying behavior are known. This criterion is most relevant to have Red Bull enjoyed in the right context- where there is need for energy boost rather than just selling a beverage (Kotabe & Helsen, 2014). The launch of Red Bull Cola and Red Bull Shots was a wise idea by the company. Red Bull had specialized in only one brand, which was energy drinks and was available in two flavor varieties. This move was a major brand extension aimed at tapping new markets that were untapped. This move would see expansion of its operations and revenues. The launch of the new brand the Red Bull Cola and Red Bull shots in many markets at the same time saw Red Bull survive stiff completion on some markets like North America (Kotabe & Helsen, 2014). Target of one segment of the market would risk eviction by other