Friday, September 6, 2019
Traditional Japanese History Essay Example for Free
Traditional Japanese History Essay Japanese literature spans over a large period of time for writing. Earlier literature work was greatly influenced by Chinese literature, but after opening its ports to Western trading, Japan eventually developed its own style and quality of literature. Like most literature around the world and through history, we can learn a lot about Japans history through its literature. The Heian, Kamakura, Muromachi, and Tokugawa periods are the time period in which we see the development of a Japanese culture that resembles less Chinese culture than the time periods we see in the previous period in Japanese history. The Heian period was between 794 and 1185 and was named for the location of the imperial capital. This time period within Japanese history is characterized by the flourishing culture of the court aristocracy, which actively pursued aesthetic refinement which led to new developments in art and literature (Heian Period). From one of the groups I chose ââ¬Å"The Tale of Genjiâ⬠because it is a great record of life for the nobility during this time period, it also considered some of the best literature in the world. The Tale of Genjiâ⬠displays the complex relationship between the literary past and its later transformation from the material you find within the story (Janet Emily Goff, 1982: p. 144). To the poets in Japan during this age, the Tale of the Genji epitomized Heian court life in its depiction of the life of Prince Genji and his affairs with various court ladies, while the inclusion of nearly eight hundred poems had offered poets a guide to proper poetic expression on a wide variety of occasions. The Tale of the Genji falls under the category of ancient literature and is considered to be one of the worldââ¬â¢s first novels. The book is just full of poems between men and woman during the Heian period and how they communicated among each other (Web Page Template). Court life was able to flourish during this time period because of the development of the shoen, large estates of land that were owned by the kuge, the court in Kyoto, but were run by managers sent money to the kuge and this is what the Tale of the Genji tells us historically about Japan (Web Page Template). During this time period, women could not be seen or communicated with except during certain occasions, like festivals, so many woman wrote poems and in journals to communicate to men. This means that by looking at literature during this time we can find out a lot between the gender roles and how men and women communicated during this time period, which in turn can be very important when studying a culture and how life was on a day to day basis, because primary documents within the study of history are the most important documents you can find. Another documents that I looked at was the ââ¬Å"Kagero Nikkiâ⬠which is an autobiography narrative that covers the years 954 to 974, part memoir and part dairy, written by the second wife of Fujiwara no Kaneie who was a high official of the Heian court. The author who is Mitchitisuna no Hahaââ¬â¢s intention of the writing was to give readers and alternate, more realistic view of the life of a lady of the Heian court. Her goal was to capture on paper, the elements of a real social situation without evasion or idealization (Motivations of the Author of the Kagero Nikki). In a general sense though, the dairy is in a way her protest against the marriage system of the time, and supports the idea that men are beasts. But what is important is that we see a time period where woman are able to write literature and become educated, but they must write this literature in Japanese because it is forbidden that they do it in Chinese like the men. What we can see from this is a beginning of Japanese literature that strays away from the Chinese influence and also a literature that is not dominated by men, The next period to take place in Japan after the Heian period was the feudal periods which were the Kamakura and Muromachi periods. The Kamakura period began with the transfer of power from the imperial court to the Kamakura shogunate and this time period is also considered the medieval age for Japan. The third piece of Japanese literature I look at was ââ¬Å"The Tale of the Heikiâ⬠which is Japans most famous war story. The war story was composed during the 14th century and is an account of the Genpei War which was the war that ended Heian period which makes the literature so important when taking a look into Japanese history from that time period (Oyler, Elizabeth). The story portrays the war as a heroic clash between two great warrior lineages, the Minamoto and the Taira. This literacy work is important within Japanese history, because it is believed to be the first to reach people of all social classes in that you didnââ¬â¢t have to know how to read in order to hear or understand the story. Even those who could not read could listen to the tale because it was sung in public areas and performers often spread the tale and traveled around Japan in order to do so (Oyler, Elizabeth). In todayââ¬â¢s world, the tale is often viewed as both a source of stories about Japanese history and also as a eulogy for the spirits of the dead. The tale was also a great source for medieval and early modern codes of warrior behavior which is very similar to the westerns worldsââ¬â¢ idea of Knights chivalry during their medieval age. During this time period, Buddhism was also prominent due to the ongoing large influence of Chinese culture, and central to Buddhism is the impermanence of life. Buddhists according to Robert Oxnam see a need to announce worldly attachments to escape the sufferings of human existence, and that Japanese literature reflected these beliefs. The literature work of Kamo no Chomei called ââ¬Å"An Account of My Hutâ⬠can give us a good outlook on the life of a Buddhist during this medieval time period within Japan, along with the transformation in Buddhism, since the book is Kamo no Chomeiââ¬â¢s own transformation into the religion and beliefs of Buddhism as a Buddhist monk. Within the literature, Kamo no Chomei describes of the most disastrous periods for any important city in history. He describes the great fire, the Whirlwind, the moving of the capital, the famine, and the earthquake, all while civil war between the Taira and Minamoto clans is going on (Hojoki). The late medieval period of Japan was considered a time of the development of a number of Buddhists and the influence it had in Japan. This is what I believe makes this literature so important when reflecting on the Japanese history because it gives us a outlook on the perspective a Japanese Buddhist during this time period that turned out to be quite disastrous. The literature of the time reflected the unsettled nature of the period and we can see this perfectly within An Account of My Hut because it describes the turmoil of the period in terms of the Buddhist concepts of impermanence and the vanity of human projects. So both of these Japanese works of literature: The Tale of the Heike and An Account of My Hut both reflect on the Warrior spirit within the medieval time period of Japan along with its distress and cause, which both define the Kamakura and Muromachi periods. The next piece of Japanese literature I looked into was ââ¬Å"Hizakurigeâ⬠which is considered the most humorous and entertaining book in the Japanese language by some. It is story of two irrepressible men from Edo along the Tokaido, the great highway between Kyoto and Edo. It is considered by many that the literature of the Tokugawa period is inferior to earlier achievements by Japanese writers (Japanese Literature). The literature during this period was much more peaceful than the Japanese literature we would find during the Japanese medieval period and this was because there was a lack in war now and there was a rise in of the working class within Japan and the country had lost a bunch of money, and I think that this is what defined this period for Japan. And we can see that the literature from this time period represents the economic struggle in which Japan was having. The last piece of Japanese literature I looked at was The Love Suicides at Sonezaki which is the most famous and best loved play by Chikamtsu. It was based off of real events and instantly became a big hit during its time. The play also reflects the cycle of Buddhism, in that the numbers of suicides that take place during the play reflect the subtle cycle of Buddhism. Buddhism by the Edo period or late Tokugawa period was widely established and practiced under the acceptance of the Tokugawa government. The Love Suicides at Sonzaki also reflect on the marriage customs during that time for the Japanese people The connection that I see during these historical phases of Japan is that all three have some emphasis on literature and the beginning and continuing of separating Chinese and Japanese literature. But in reality I think that each period is very different. For example the medieval period of Japan was full of chaos and war while the ancient period of Japan was considered much more peaceful. The rulers and government rulers changed by period also. During the Heian Period, the Fujiwara family controlled the political scene (Japanese History: Nara, Heian Periods). But the Fujiware family rule came to an end when the Tiara family took charge until they were beat out of rule by the Minamoto Yoritomo family. During the Kamakura period the ruler was Minamoto Yoritomo who would be replaced by Ashikaga Takauki for the start of the Muromachi period. And during the Edo period the head of government were the shoguns and the government was considered the Tokugawa shogunate. Japanese literature is important within its culture and we can learn a lot from any counties or cultures literature. As I reflected on these literary pieces by Japanese I found that they all reflected on some kind of event that was taking place from within Japan, and what makes these pieces so useful for historians is that they are the insight from someone who was there during that period. It is obvious that a Japanese citizen will look at these periods differently than a Japanese citizen that is living today. Each period has its own effort and growth put into Japanese literature to make it what it is today.
Thursday, September 5, 2019
Discuss The Human Impact On Oceans
Discuss The Human Impact On Oceans Humans can have an abnormal and a massive impact on oceans all over the world. Oceans around the world are becoming more and more tarnished due to these impacts caused by humans. Evidence shows that human activities are altering ocean ecosystems beyond their natural state. These human activities are harming the oceans capacity to provide food, protect homes for the marine life, maintain clean water, and recover from environmental stresses like severe storms. A recent study has mapped the total human impact on the seas for the first time, and has revealed that the picture is far worse than imagined. Forty percent of the worlds oceans have been heavily affected by human activities, including fishing, coastal development and pollution. The most severely affected areas are in the North Sea, South and East China Seas, Caribbean, Mediterranean, Red Sea, the Gulf, the Bering Sea, the East Coast of North America and the Western Pacific. All of this is due to human activities. Oceans An ocean is a body of saline water that composes a large part of a planets hydrosphere. The word sea is often used interchangeably with ocean, but strictly speaking a sea is a body of saline water partly or fully enclosed by land. Because the ocean is accounted for being more than 70% of the Earths surface, it is therefore divided into different parts: (In descending order) Pacific Ocean Atlantic Ocean Indian Ocean Antarctic Ocean Arctic Ocean Because the ocean is the principal component of Earths hydrosphere, the world ocean is essential to all known life. It also forms part of the carbon cycle, and influences climate and weather patterns. The total volume of the ocean is approximately 1.3 billion cubic kilometres or 310 million cubic miles with an average depth of 3,682 metres or 12,080 ft. It is also the habitat of 230,000 known species, however much of the oceans depths remain unexplored and it is estimated that over two million marine species may exist. This just proves how vast and important the ocean is. It is a shame that we humans do so much harm to our oceans, knowing how important and essential it is to us and other living things that require its attention. Importance of the Ocean Throughout history humans have been directly and indirectly influenced by the oceans. Ocean waters serve as a source of food and valuable minerals, as a huge base for commercial manners, and provide a place for both recreation and waste disposal. Gradually, people are turning to the oceans for their food supply either by direct consumption or indirectly by harvesting fish that is then processed for livestock feed. It has been estimated that as much as 10% of human protein intake comes from the oceans. Nevertheless, the food-producing potential of the oceans is only partially recognized. Other biological products of the oceans are also commercially used. For example, pearls taken from oysters are used in jewelry, and shells and coral have been widely used as a source of building material. All living things would not be able to live on this planet without the oceans. Oceans help moderate the climate by keeping it cooler in summer and warmer in winter. The oceans provide a vast surface area for water to evaporate, thus putting moisture in the atmosphere so that precipitation may occur. The ocean is the best place where evaporation takes place. The ocean is a large body of water, which makes it so convenient for evaporation to take place. Most of the rain comes from water evaporated from the oceans. No plants or animals, including humans could survive without rain. Sadly, a lot of plants all over the world get little to no water, causing them to die. Therefore they may only be able to depend on the rain for necessary reasons. And we humans need plants for the oxygen and other gases that they give off in order for us to stay alive. So if plants die, then we as humans die along with other living things. Thats just two of the very major things where there couldnt even be life without oceans. There is a lot more, like where would all the fish come from to feed billions of people who depend on seafood to survive if there were no oceans? In which fish would be a huge priority for people who not only feed on fish, but also fishermen who sell fish as a job in order to survive. Ocean water is processed to extract commercially valuable minerals such as salt, bromine, and magnesium. Although nearly 60 valuable chemical elements have been found dissolved in ocean water, most are in such dilute concentrations that the extraction of the minerals found in ocean water isnt profitable. Ocean water is also refined to produce freshwater. The oceans also have become more important for recreational use, as each year progresses, more people are attracted to the sports of swimming, fishing, scuba diving, boat racing, and waterskiing, just to name a few. Ocean pollution in the meantime, has escalated dramatically as those who use the oceans for recreational and commercial purposes, as well as those who live nearby, have disposed of more and more wastes there. Human Impacts on Oceans Humans have had a huge impact on the ocean. In fact, evidence of humans can be found all over the oceans, even in the most remote polar areas, in the form of floating trash. Humans are the main cause of pollution of the ocean. Washington Post published that Human activities are affecting every square mile of the worlds oceans, according to a study by a team of American, British and Canadian researchers who mapped the severity of the effects from pole to pole. Some factors included warming ocean temperatures because of greenhouse gas emissions, nutrient runoff and fishing. The areas that are under the most stress due to human activities are the North and Norwegian seas, South and East China seas, Eastern Caribbean, North American eastern seaboard, Mediterranean, Persian Gulf, Bering Sea, and the waters around Sri Lanka. Some marine ecosystems are under severe pressure like sea mounts, mangrove swamps, sea grass and coral reefs. Almost half of all coral reefs experience medium high to very high impacts from humans. Large and small contributing factors significantly pollute both inland and coastal waters by dumping their raw sewage. Accidental oil spills or flushed tankers and offshore rigs (900,000 metric tons annually), tarnishes beaches and harms bird, fish, and plant life. Humans dump a lot of waste in the ocean such as trash, sewage, oil, chemicals, heat, and even noise just to name a few. As the human population increases on the Earth, these sources of pollution increase. Small amounts of pollution do not harm the ocean ecosystems. In fact, sometimes the dumping of food waste in the ocean can increase the productivity of an area by supplying an additional food source for the marine animals. But, this is always altering the natural state and usually becomes destructive in the long run. Here are some of the impacts on the ocean that humans cause: Oil spills- Oil floats on the surface of the ocean, so when oil spills occur, the oil tends to end up on the shore where it negatively impacts coastal wildlife and humans. It can hurt wildlife by mashing down bird feathers, sticking to fish gills, disrupting breeding, and by poisoning animals and plants. Humans are affected when beaches are closed and seafood cannot be harvested. Once an oil spill occurs, chemicals may be used to diffuse the oil, but these chemicals may also be toxic to marine life. To clean up a spill with minimum impact to the environment, bioremediation may be used. In this process, nitrogen and phosphorous-rich fertilizers are added to the contaminated beaches to stimulate the growth of bacteria that supposedly eats away the oil. Sewage and trash- Trash is one of the most, if not, the most widespread pollutants that are caused by humans. Beaches all over the world become littered with the trash produced by mankind. Much of which is disposed of at sea and then floats all over the world in the ocean currents. Everywhere in the world, there are trash and sewage being dumped into the ocean. Sewage acts as a fertilizer and can be responsible for toxic plankton. Another possible effect caused by sewage is detoxification. Detoxification kills marine life because there is not enough oxygen in the water to breathe. Sewage may also lead to diseases and unhealthy chemicals like heavy metals and other pollutants into coastal waters. Although the ocean is good at ridding itself of pollutants by chemical processes and dilution, as coastal populations grow, so do the human impacts on the marine environment. Storm drain and River run-off- These impacts begin far away from the coast. This impact has a lot of pollutants that eventually finds its way to the ocean. Pollutants like a Styrofoam cup, oil and gasoline, soap from washing cars, a candy wrapper, and old smoked cigarettes are some examples of storm drain and river run-off. Fertilizers, soap, and organic wastes will increase plankton and bacteria levels in the ocean the same way sewage does. Oil and gasoline are toxic in both freshwater and saltwater. A sewer plant may become overloaded with sewage and may be unable to treat it. This may happen during rain storms if the rain water is directed into storm drains that go to the sewer plant. Because of this many cities now have storm drains that take the runoff water directly to the ocean which can be another problem if the water is contaminated Watersheds- Watersheds can sometimes build up sewage, usually due to improper septic systems or people using the watershed as an outdoor outhouse. When it begins to rain, these watersheds are flushed into the ocean and extremely high levels of human sewage contaminate the ocean. Thermal pollution- Thermal pollution is a byproduct of the oceans use as a cooling agent. The cool ocean water taken in is released at a higher temperature. Although the temperature of release is usually controlled by laws, and is not such a threat as the other forms of pollution are, one could imagine what it would be like if more and more plants began using ocean water as a coolant. Conclusion Humans are definitely a massive impact on the ocean. We as humans really benefit from the ocean, but we still are harming it in so many ways. Without the ocean, there would be dire consequences not just for humans, but for all living things that depend on it.. Humans along with other living things would not be able to live on this planet without the ocean, and I dont think the planet would be able to carry on for long if there were no ocean. The ocean is beginning to change along with planet Earth. The way the humans are impacting the ocean is very dangerous and is safe to nothing that lives in it. The dumping of sewage and trash and other pollutants in the ocean is tarnishing and killing the marine life and the purity of the ocean. Earths global ocean is the largest confirmed surface ocean on all observable planets. This comes down to the fact that it takes up more than half of the earths surface; therefore it is the most important part of the earth. And we as humans need to take care of it, in terms of its state of cleanliness. Because without the ocean, everything on the earth will perish.
Wednesday, September 4, 2019
The Fmcg Industry Of Netherland Marketing Essay
The Fmcg Industry Of Netherland Marketing Essay This Global/ Country Study and Report is prepared as the partial fulfillment for Forth Semester of degree Program of Masters of Business Administration curriculum of GUJARAT TECHNOLOGICAL UNIVERSITY. The topic of the project is FMCG Industry in Netherland. Here, the project report on Netherland, we have tried our level best to Collect information from it and prepare this report as an error free report; We assured that all information is trusted: every effort has been made to offer the most authenticate position with accuracy. During the whole project period we got a lot of knowledge and came to know about the reality of the mining industry of the country. Acknowledgement The successful completion of a Global Country Project Report requires guidance help from a number of people. We were fortunate to have all the support from our faculty, therefore take this opportunity to express our profound sense of gratitude to the all those who extended their whole hearted help and support to us in completing the project study report work on FMCG Industry in Netherland. We also express our deep sense of gratitude to Prof. Ramzan Samaa (Guide Faculty), who has helped us to do our project. We also thank to other faculty of L J Institute of Management Studies respondents for his valuable help in each stage of the project. Because of his co-operation and continuous guidance successful completion of this project study report was made possible. No Acknowledge would suffice for the support of my family members, classmates friends. Lastly, we extend our thanks to all whose name have not been mentioned in successful way carrying out the project report. Index Sr No. Particulars Page No. 1. The FMCG industry of Netherland Introduction 7 2. Upgrades on major mines in North Korea 15 3. The North Korea Mining Business Projects Between Korean Mining Projects Foreign Company Mining Projects 26 4. The outlook for Inter Korean Mining Corporation 34 5. The Indian Mining Industry- Market Opportunities Entry 36 6. Future Prospects 38 7. Conclusion 39 Introduction of FMCG Industry Fast-moving consumer goods (FMCG) or consumer packaged goods (CPG) are products that are sold quickly and at relatively low cost . Examples include non-durable goods such as soft drinks, and grocery items. Though the absolute profit made on FMCG products is relatively small, they are generally sold in large quantities, and so the cumulative profit on such products can be substantial. Fast-moving consumer electronics are a type of FMCG and are typically low priced generic or easily substitutable consumer electronics, including lower end mobile phones, MP3 players, game players, and digital cameras, which have a short usage life, typically a year or less, and as such are disposable. Cheap FMCG electronics are often retained even after immediate failure, as the purchaser rationalizes the decision to not return the goods on the basis that the goods were cheap to begin with, and that the cost of return relative to the low cost of purchase is high. Thus low-quality electronic FMCG goods can be highly profitable for the vendors. The term FMCGs refers to those retail goods that are generally replaced or fully used up over a short period of days, weeks, or months, and within one year. This contrasts with durable goods or major appliances such as kitchen appliances, which are generally replaced over a period of several years. FMCG have a short shelf life, either as a result of high consumer demand or because the product deteriorates rapidly. Some FMCGs-such as meat, fruits and vegetables, dairy products, and baked goods-are highly perishable. Other goods such as alcohol, toiletries, pre-packaged foods, soft drinks, and cleaning products have high turnovers rates. An excellent example is a news papers-every days newspaper carries different content, making one useless just one day later, necessitating a new purchase every day. The following are the main characteristics of FMCGs: From the consumers perspective: Frequent purchase Low involvement (little or no effort to choose the item products with strong brand loyalty are exceptions to this rule) Low price From the marketers angle: High volumes Low contribution margins Extensive distribution networks High stock turnover Introduction of FMCG Industry in Netherland The Fast Moving Consumer Goods (FMCG) market in Europe is highly competitive. This market is quite saturated, with thight margins and difficult to predict consumer behavior. The battle to win consumers is forcing companies to give highest priority to cost reduction, risk management and logistics efficiency. Moreover, the recession has changed the behaviour of almost all consumers. Instead of impulsive shopping, price value trade-offs and extensive search for value are nowadays leading. In this respect, you can imagine that e-tailing and e-commerce are becoming more and more trending topics. Online presence of companies has improved enormously in recent years. Every company which delivers their products to end-consumers has its own webshop. MediaMarkt, the electronica retail chain with a franchise-formula, part of the German METRO Group, was one of the last large retail chains which hasnt a webshop untill now. Their invisibility on the web was due to regional price differences of their products. Up to now, because even the MediaMarkt now opened its webshop. Other examples are the British company, The Body Shop, which started last November with their webshop in the Netherlands. Its important to take care of reinforcement between online and offline shop, instead of the other way around. On the other hand, companies with a pure online focus, like bol.com and wehkamp.nl, are reaching the highest turnover levels. A recent research of JP Morgan reveals that the worldwide growth of e-commerce in 2011 will be 19%. In 2012 this growth will be more than 20%. The online sales in the US and Europe will grow at a stable level, but Asia will emerge as a growing e-commerce market. Regarding e-commerce in Europe, the main importance and presence in this segment is coming from West-Europe. In this are, the market is expected to grow with 11% per year in the coming four years. The turnover from online shopping in Western Europe in 2009 was equal to à ¢Ã¢â¬Å¡Ã ¬ 68bln. The most popular products to buy online are books, event-tickets and clothing. Recent transactions in the e-commerce market support the above statement. In 2007 Sanoma acquired mrticket.nl, an online ticketing agency. In 2010, the Italian company Arnoldo Mondadori Editore acquired Mondolibri, active in the book segment. Recently, Sanoma Digital acquired (a part of) No Search, an internet marketing company, active in the development of several fashion portals like Fashionchick.nl. As mentioned earlier, online fashion is a high growth segment in the e-commerce market. Based on recent transactions in the e-commerce market, the estimated EBITDA multiple for mid-market companies is on average around 6-8 times EBITDA. Despite the international character of the European e-commerce market, only 7% of all European consumers buy their products in webshops in other EU-countries. Probably, this number will rise in coming years. Looking at the Dutch e-commerce market, youll see that the Netherlands are rather active in this online segment, because 71% of all consumers buy products online. An important reason for the growth of the e-commerce market is the trust that consumers have in the security regarding payments. Just 7% of the Dutch population is worried about this financial security. In the Netherlands, since several years an online secure payment system exists, callled iDeal, which means that customers can easily connect with their bank to make safe online payments. This type of payment is an important succes factor in the e-commerce market. To further realise growth in the e-commerce market in the future, it will be important to develop a cross-channel strategy in the coming years. Consumers will buy offline as well as online and mobile commerce is a new channel, which will develop in the near future. In the Netherlands 69% of the consumers buy products via 2 or more different channels, in the US this percentage is even higher, 78%. In general, for the retail sector, branding and customer loyalty are important factors for success. Nowadays, social media is used to reinforce branding and to promote several in-store loyalty programs as well as customer loyalty programs. In the near future, social media could be used as well for sharing online purchasing activities. Recently, wehkamp.nl has invested in social shopping applications in their webshop, so that customers can shop online together with friends, or could start a private shopping session. Other key factors, which are important to realise the predicted growth in the future are the focus on expansion in other countries as well as a variety of segments in different webshops. Furthermore, the e-commerce segment is of interest to several private equity clubs. It is expected that this will lead to consolidation in the market, which will lead to larger e-commerce companies and a stronger competitiveness in the market. Figures released by Statistics Netherlands show that retail turnover was nearly 1 percent higher in August 2012 than in the same month last year. Prices rose by 1.9 percent, while the volume of sales fell by 1 percent. The favourable shopping-day pattern had a positive effect on turnover in August this year. After correction for this effect, turnover is nearly 2 percent lower, and the volume is around 4 percent lower. Compared with August 2011, turnover in non-food shops was nearly 5 percent lower. The decrease in turnover in the first eight months of 2012 is now just under 4 percent. The largest drop in turnover was reported by shops selling home furnishings; their turnover was 13 percent down on August last year. Textile supermarkets and clothes shops, too, experienced large decreases in turnover. Chemists were the only shops that saw turnover increase. For shops selling food, drink and tobacco turnover rose by 7 percent. After adjustment for the effects of shopping-days, however, this drops to only 2 percent. Prices in these shops rose by 1.5 percent, while the increase in volume was limited. Turnover for mail order companies and internet retailers rose by 9 percent, for petrol stations it grew by nearly 4 percent. FMCG companies/Retail stores in Netherland HEMA (originally an acronym for Hollandsche Eenheidsprijzen Maatschappij Amsterdam, Dutch Standard Prices Company Amsterdam) is a Dutch discount retail chain that started life as a dimestore. It was part of the Maxeda company until June 2007, when it was bought by Lion Capital LLP. The chain is characterized by relative low pricing of generic housewares, which are mostly made by and for the chain itself, often combined with original design. The first HEMA opened in Amsterdam on 4 November 1926, set up by the Jewish owners of the luxury department store De Bijenkorf. Originally, as a price-point retailer at prime locations in town centers, goods were sold using standard prices (hence its name), with everything having a Standard price of 10, 25 or 50 cents, and later also 75 and 100 cents. The relative economic boom in the Netherlands in the period 1900-1930 benefited HEMA. Branches http://upload.wikimedia.org/wikipedia/commons/thumb/a/ad/HEMA_interieur.JPG/220px-HEMA_interieur.JPG http://bits.wikimedia.org/static-1.21wmf12/skins/common/images/magnify-clip.png Since the 1990s, HEMA has also expanded into neighboring countries. HEMA branches by country per 2011: Netherlands: 445 Belgium: 88 Germany: 10 (in 2013) Luxembourg: 4 (in 2013) France: 16 (in 2013) De Bijenkorf De Bijenkorf (literally, the beehive) is a chain of high-end department stores in the Netherlands with its flagship store on Dam Square, Amsterdam. It was founded by Simon Philip Goudsmit (1845-1889). De Bijenkorf flagship store on Dam Square in Amsterdam De Bijenkorf was founded in 1870 by Simon Philip Goudsmit (1845-1889), starting as a small haberdashery shop at 132 Nieuwendijk, one of Amsterdams oldest streets. Initially limited to yarn and ribbons and employing a staff of four, the stock expanded gradually. After the death of Goudsmit in 1889, Goudsmits widow expanded the business with the help of a cousin, Arthur Isaac, and her son Alfred, eventually purchasing adjacent buildings. In 1909, these connecting shops were replaced by a new building. That same year, a temporary building was erected on the site of the demolished Beurs van Zocher, and construction of a new store commenced beside it. http://upload.wikimedia.org/wikipedia/commons/thumb/d/d3/Lahayebijenkorf19.JPG/120px-Lahayebijenkorf19.JPG http://bits.wikimedia.org/static-1.21wmf12/skins/common/images/magnify-clip.png De Bijenkorf in The Hague Rotterdam store, 1930-1940 A third store opened in Rotterdam in 1930, designed by Willem Dudok. 700,000 people attended the ceremony. The store was heavily damaged in the Rotterdam Blitz of 1940. The intact part of the store remained open to business until 1957, but was cleared in 1960 to build the Rotterdam Metro. A new store was designed by Hungarian-American architect Marcel Breuer (1902-1981). As of 2012, de Bijenkorf has 12 stores nationwide. The oldest and largest branches, situated in Amsterdam, The Hague and Rotterdam have retail space ranging between 15,000 and 21,000 square meters. Smaller stores (7,500-10,000 mà ² of retail space) can be found in Amstelveen, Arnhem, Eindhoven, Enschede, Utrecht and Maastricht. The branches in Breda, Den Bosch and Groningen specialize in fashion (3,000 mà ² retail space). Metz Co Metz Co is a department store in Amsterdam, The Netherlands, founded in 1740 by Mozes Samuels who sold his company to his three sons in 1794. Metz Co. has the right to display the Dutch royal coat of arms with the legend By Royal Warrant Purveyor to the Royal Household since 1815. To celebrate its 150th anniversary in 1890 the store moved to a new location on the Leidsestraat, where the company is still located. One of the first designers was Paul Bromberg (1893-1949), he became famous as a author and promotor of Decorative Arts and Interior Design. The distinctive cupola on the stores roof was built in the 1930s and designed by Dutch artist Gerrit T. Rietveld. Metz Co celebrated its 250th anniversary in 1990 by launching its own fragrance. The roof of the store doubles as an exclusive location for wedding ceremonies. Introduction of FMCG industry in India India is one of the largest emerging markets, with a population of over one billion. India is one of the largest economies in the world in terms of purchasing power and has a strong middle class base of 300 million. FMCG companies operate in a highly competitive and fast-changing environment. In order to stay ahead, they need to regularly renew their product portfolio to suit the ever changing needs and preferences of their customers. ValueNotes has executed in-depth research in many segments of the FMCG industry and can help you keep your finger on the pulse of your existing consumers; identify new markets for your products; track the activities of your competitors; and monitor industry trends. India a large consumer goods spender An average Indian spends around 40 per cent of his income on grocery and 8 per cent on personal care products. The large share of fast moving consumer goods (FMCG) in total individual spending along with the large population base is another factor that makes India one of the largest FMCG markets. FMCG Category and products Household Care Fabric wash (laundry soaps and synthetic detergents); household cleaners (dish/utensil cleaners, floor cleaners, toilet cleaners, air fresheners, insecticides and mosquito repellents, metal polish and furniture polish). Food and Health beverages; soft drinks; staples/cereals; Beverages bakery products (biscuits, bread, cakes); snack food; chocolates; ice cream; tea; coffee; soft drinks; processed fruits, vegetables; dairy products; bottled water; branded flour; branded rice; branded sugar; juices etc. Personal Care Oral care, hair care, skin care, personal wash (soaps); cosmetics and toiletries; deodorants; Perfumes; feminine hygiene; paper products. INDIA COMPETITIVENESS AND COMPARISON WITH THE WORLD MARKETS Materials availability India has a diverse agro-climatic condition due to which there exists a wide-ranging and large raw material base suitable for food processing industries. India is the largest producer of livestock, milk, sugarcane, coconut, spices and cashew and is the second largest producer of rice, wheat and fruits vegetables. India also has an ample supply of caustic soda and soda ash, the raw materials in the production of soaps and detergents India produced 1.6 million tonnes of caustic soda in 2003-04. Tata Chemicals, one of the largest producers of synthetic soda ash in the world is located in India. The availability of these raw materials gives India the locational advantage. Cost competitiveness Labour cost comparison Source: DIPP. Apart from the advantage in terms of ample raw material availability, existence of low-cost labour force also works in favour of India. Labour cost in India is amongst the lowest in Asian countries. Easy raw material availability and low labour costs have resulted in a lower cost of production. Many multi-nationals have set up large low cost production bases in India to outsource for domestic as well as export markets. Leveraging the cost advantage Global major, Unilever, sources a major portion of its product requirements from its Indian subsidiary, HLL. In 2003-04, Unilever outsourced around US$ 218 million of home and personal care along with food products to leverage on the cost arbitrage Opportunities with the West. To take another case, Procter Gamble (PG) outsourced the manufacture of Vicks Vaporub to contract manufacturers in Hyderabad, India. This enables PG to continue exporting Vicks Vaporub to Australia, Japan and other Asian countries, but at more competitive rates, whilst maintaining its high quality and cost efficiency. Presence across value chain Indian firms also have a presence across the entire value chain of the FMCG industry from supply of raw material to final processed and packaged goods, both in the personal care products and in the food processing sector. For instance, Indian firm Amuls product portfolio includes supply of milk as well as the supply of processed dairy products like cheese and butter. This makes the firms located in India more cost competitive. FAST MOVING CONSUMER GOODS POLICY India has enacted policies aimed at attaining international competitiveness through lifting of the quantitative restrictions, reduced excise duties, automatic foreign investment and food laws resulting in an environment that fosters growth. 100 per cent export oriented units can be set up by government approval and use of foreign brand names is now freely permitted. TRENDS AND PLAYERS The Indian FMCG sector is the fourth largest sector in the economy and creates employment for three million people in downstream activities. Within the FMCG sector, the Indian food processing industry represented 6.3 per cent of GDP and accounted for 13 per cent of the countrys exports in 2003-04. A distinct feature of the FMCG industry is the presence of most global players through their subsidiaries (HLL, PG, Nestle), which ensures new product launches in the Indian market from the parents portfolio. Critical operating rules in Indian FMCG sector à ¢Ã¢â ¬Ã ¢ Heavy launch costs on new products on launch advertisements, free samples and product promotions. à ¢Ã¢â ¬Ã ¢ Majority of the product classes require very low investment in fixed assets à ¢Ã¢â ¬Ã ¢ Existence of contract manufacturing à ¢Ã¢â ¬Ã ¢ Marketing assumes a significant place in the brand building process à ¢Ã¢â ¬Ã ¢ Extensive distribution networks and logistics are key to achieving a high level of penetration in both the urban and rural markets à ¢Ã¢â ¬Ã ¢ Factors like low entry barriers in terms of low capital investment, fiscal incentives from government and low brand awareness in rural areas have led to the mushrooming of the unorganised sector à ¢Ã¢â ¬Ã ¢ Providing good price points is the key to success THE TOP 10 COMPANIES IN FMCG SECTOR S. NO. Companies 1. Hindustan Unilever Ltd. 2. ITC (Indian Tobacco Company) 3. Nestlà © India 4. GCMMF (AMUL) 5. Dabur India 6. Asian Paints (India) 7. Cadbury India 8. Britannia Industries 9. Procter Gamble Hygiene and Health Care 10. Marico Industries Market Summary Approximately 80 percent of the Dutch food retail outlets are full service supermarkets, operating on floor space between 500 and 1,500 square meters located downtown and in residential areas. The remaining 20 percent includes superstores located in industrial parks, convenience stores near human traffic and department stores. In Belgium, full service supermarkets, like Colruyt and AD Delhaize, account for an estimated 75 percent of the market. The share of superstores and convenience stores in Belgium is higher than in the Netherlands, an estimated 25%. In Luxembourg, full service supermarkets like Cactus, Alvo and Match dominate the market as well. In all three markets, independent food retail stores are increasingly leaving the scene. On-going consolidation in the retail market, changing consumer demands and shrinking margins seem to drive this trend. The top 3 biggest retailers in the Netherlands, Albert Heijn, C1000, and Jumbo [1] , have a market share of 56 percent. The market for discounters like Aldi and Lidl has stabilized around 15%. Also discounters like Bas van der Heijden, Dirk van den Heijden and Digros were able to maintain their share of the market. In Belgium, the leading 3 retailers have 75 percent of the market. The market share of the discounters in Belgium is about 40% where Colruyt saw its market share growing at the expense of Aldi and Lidl. Recent market share figures for Luxembourg were not available when writing the report. Table 1: Market Shares of Leading Food Retailers in 2010 Netherlands Belgium Luxembourg Company Name Market Share Company Name Market share Company Name No. of Stores Albert Heijn 31.1% Carrefour 29.0% Delhaize 30 C1000 14.9% Delhaize 25.0% Cactus 18 Jumbo 9.9% Colruyt 23.5% Match 14 Aldi 8.5% Aldi 12.5% Alvo 11 Plus 6.1% Lidl 4.0% Smatch 8 Lidl 5.5% Louis Delhaize 3.0% Cora 2 Other 23.8% Other 3.0% Auchan 1 Total 100.0% Total 100.0% Higher Prices For Food Products The turnover of the Benelux food retail industry in 2009 was an estimated à ¢Ã¢â¬Å¡Ã ¬52.7 billion (à ¢Ã¢â¬Å¡Ã ¬31.1 billion in the Netherlands, à ¢Ã¢â¬Å¡Ã ¬21.1 billion in Belgium and à ¢Ã¢â¬Å¡Ã ¬0.5 billion in Luxembourg). For 2010 turnover is expected to increase by 1.5%. Reasons for this moderate growth: Expected moderate increase of the unemployment rate Limited economic growth Consumers plan to spend more food euros at retail than foodservice Due to the current economic situation the growth of value-added products has decreased at the expense of more basic products. Table 2: Turnover Benelux food retail, past 5 years 2005 2006 2007 2008 2009 à ¢Ã¢â¬Å¡Ã ¬ 44.1 billion à ¢Ã¢â¬Å¡Ã ¬ 45.7 billion à ¢Ã¢â¬Å¡Ã ¬ 47.7 billion à ¢Ã¢â¬Å¡Ã ¬ 50.5 billion à ¢Ã¢â¬Å¡Ã ¬ 52,7 billion The trend of higher prices for raw materials and therefore consumer products, as discussed in the previous Food Retail report, seems to have stopped. Benelux consumer prices rank among the cheapest within the EU-27. Changing Consumer Needs In addition to the fact that Benelux consumers are shedding retailer-loyalty, they shop at different times and locations. During lunch breaks, people buy their lunch and often the ingredients for that eveningà ¢Ã¢â ¬Ã
¸s meal. Small convenience stores, like AH To Go and Delhaize shop à ¢Ã¢â ¬Ã
¾n go are opened at locations near heavy traffic like train stations, schools, and shopping malls to satisfy these consumersà ¢Ã¢â ¬Ã
¸ needs. The traditional neighborhood grocery stores are either going out of business, are taken over or are changing their product portfolio. They are expanding the grocery line of fresh and convenient prepared-foods with tailor-made sandwiches, filled tortillas and drinks to satisfy the consumersà ¢Ã¢â ¬Ã
¸ need for food for now. The ready-to-cook segment is also expanding. Awareness of Health and Well-Being Consumers are becoming more aware of and are more concerned about the effects food has on their health and well-being. There is a trend to a healthier lifestyle in Western countries. The following US industries have all benefitted from this trend: nuts (like pistachios, almonds, walnuts, etc.), fruits (like cranberries, pomegranates, berries, etc.), seafood (like salmon, halibut, etc.). Consumers are more cautious about foodborne illnesses. Consumers are looking for and finding more information on this topic; the media, including the Internet, TV and magazines, respond to this desire and feed into it. Food processors and retailers play a crucial role as well, as they develop and market food products (like juices from POMwonderfull, Healthy People, etc.) to create, anticipate and meet consumersà ¢Ã¢â ¬Ã
¸ needs. Climate Change Carbon Footprint Labeling Last year the European Commission conducted a survey on mandatory Carbon Footprint Labeling (CFL). Popular support for CFLl by country, varied between 47% to 90% of all 27,000 Europeans that were interviewed. Seventy percent of the respondents in Belgium and Luxemburg were supportive of a mandatory label whereas this was only supported by half of the Dutch interviewees. The latter, on the other hand, were after the Finnish the most likely (28%) to prefer a voluntary labeling system. After the December 2009 U.N. Climate Change Conference in Copenhagen, the discussion on CFL got a new boost. Belgian federal Minister of Climate and Energy, Mr. Paul Magnette, stated that in addition to the price, the CO2 emission should also be mentioned on each product. This way, consumers become aware and see to what extent the products they buy influence global warming. Carbon Footprint Labeling is not (yet) an issue in the Netherlands. The government hasnà ¢Ã¢â ¬Ã
¸t come out with a statement or position on CFL. It seems that all the individual stakeholders are waiting for the other to make the first move. Within the EU-27, the U.K. and Sweden are taking a leading role in CFL. For more information on Sweden, see GAIN Report SW9016. The overall labeling requirements for the Benelux can be found in the following GAIN Reports: NL9020 and GAIN BE9004. Advantages and Challenges of the Benelux Food Retail Market Advantages Challenges Sector Strengths Market Opportunities: Sector Weaknesses and Competitive Threats: Expected slight recovery of the economy in the EU import regulation and tariffs. EU Benelux is a promising prospect (expecially enlargement has given and will give compared to some other EU economies) for the preferential access to products from retail industry. new member countries. Affluent, open minded and curious consumers create Discounters are the fastest growing opportunities for new products. segment in the Benelux retail market; margins continue to be under pressure. The region has an excellent infrastructure which Competition is growing from non-food offers great opportunities. retail players like IKEA, HEMA, VD and Bijenkorf as they enter the food market. Greater demand for healthy food products not or not The industry is highly consolidated and suffiently available on the local EU market; e.g. therefore has a strong negotiating seafood, tree nuts, (exotic) fruit, vegetables, juices, position and good contacts. Road Map For Market Entry Entry Strategy Success in introducing your product in the Benelux market depends mainly on knowledge of the market and building personal contact with knowledgeable and established importers. Prior to any export, invest in research that analyzes the Benelux food culture (concepts, flavor, price, requirements). Once the product has been chosen, be aware of fierce competition. There are tariff and non-tariff trade barriers that can complicate exporting to the Benelux. An importer knows the market, the trade barriers and the required documentation. The Office of Agricultural Affairs (OAA) offers guidelines on business practices and import regulations. For a complete overview of offered reports, see Section V of this report. Market Structure Supermarkets and Superstores The vast majority of supermarkets and superstores buy foreign (specialty) products via specialized importers. This is especially the case for retail-ready consumer-oriented products like sauces, beverages and snack products. Convenience stores operate, in general, on a much smaller scale and therefore buy smaller quantities through wholesalers. Department stores work either
Another Voice In Frankenstein :: essays research papers
There are many varied interpretations of Mary Shelleyââ¬â¢s Frankenstein in the study of literature. In fact, most critics have, if not opposing, somewhat contrasted views on the novel. However, a popular perception of the novel seems to be one in which Shelley is said to be representing her own views through the voice of the monster created by Victor Frankenstein. But what exactly are Shelleyââ¬â¢s views? So many have taken apart this novel, analyzing it beyond all bounds, and yet it still remains a puzzle to most, as to what message Shelley tries to give to the reader. Perhaps this quandary is the direct result of this over-analysis. What if we are looking too carefully? If we were to take a step back, we should see that Mary Shelleyââ¬â¢s Frankenstein is nothing more than the not uncommon story of the average teenager. à à à à à This isnââ¬â¢t to say that the novel is not a work of art, rather, it is quite possibly the best prose ever written by an eighteen year-old. But the fact of the matter remains. Mary Shelley was eighteen going on nineteen when she wrote Frankenstein. Taking this into account, it becomes more apparent that Shelley was not commenting on social aspects of her time or the feminist movement that her mother helped create, rather, she was simply expressing her feelings as a teenager, as so many of us need to do. These feelings of isolation, separation, and being misunderstood, all of which are not uncommon to many teens, are in fact the same as those experienced by the monster in Frankenstein. In this way, the monster most likely is a representation of Mary Shelley. à à à à à Almost all of us can relate to a time in our lives when we were young, and misunderstood by our parents. Almost all of us have had an experience where we had done something wrong and during the process of being berated by our parents, tried to convince them that they were wrong, instead. This point is universal to all teenagers and apparently it was to Mary Shelley as well, when we observe the following passage: Be calm! I entreat you to hear me, before you give vent to your hatred on my devoted head. Have I not suffered enough, that you seek to increase my misery? Life, although it may only be an accumulation of anguish, is dear to me, and I will defend it.
Tuesday, September 3, 2019
Starbucks Coffee :: Starbucks Coffee Case Study
Starbucks Coffee Table of Contents Introduction 3 Product Analysis 3 Product Overview 3 Market Structure 4 Competition 5 Dunkin Donuts 7 Krispy Kreme 3 McDonalds 8 Panera Bread 8 Elasticity Estimates Pricing Strategy 10 Forecast 12 Determants of Demand 13 Forecast Model 15 Forecast Summary 15 Works Cited Introduction With the economy in trouble, the stock market tanking it is important to start your day with a good cup of coffee to take on these challenges. Can Starbuckââ¬â¢s sustain it business model and place in the market? The paper examines Starbucks business and it respective practices. In 1971, the original Starbucks opened in Pike Place Market in Seattle, Washington by three partners named Jerry Baldwin, Zev Siegal, and Gordon Bowker. Their focus was to sell coffee beans and equipment. They purchased green coffee beans from Peetââ¬â¢s, a specialty coffee roaster and retailer, during their first year of operation. Later, they began buying coffee beans directly from the growers. In 1983, an entrepreneur by the name of Howard Schultz joined the company; Schultz felt that the company should sell coffee and espresso drinks as well as coffee beans. The partners felt that selling coffee and espresso drinks would take away from their primary focus of selling coffee beans. Since the idea did not work, Schultz started his own company called II Giornale coffee bar chain in 1985. In 1987, the original owners of Starbucks sold their chain to Schultzââ¬â¢s II Giornale. Schultz changed II Giornale outlets to Starbucks chains and quickly began to expand. Starbucks coffee has grown into the largest coffeehouse company in the world with 16,120 stores in 94 countries such as in Australia, Canada, China, Puerto Rico, etc. Starbucks has thirty blends and single origin coffee. Starbucks brand coffee can also be purchased in local stores to brew at home. Starbucks employs over 140,000 employees worldwide with over five million customers a week. At one point they had typical customers coming in on an average of six times a month while loyal customers come in on an average of eighteen times a month spending averaging $50. Starbucks is one of Fortune magazineââ¬â¢s 100 Best Companies to work for in 2008 and is Business Ethics 100 Best Corporate Citizens for the fourth year. Product Analysis Product Overview Starbucks product line has grown to include fresh brewed coffee, hot and iced espresso beverages, coffee and non coffee blended beverages, Tazo tea, baked pastries, sandwiches, and salads. Starbucks paraphernalia includes coffee grinders, espresso machines, coffee brewers, music CDââ¬â¢s, books, movies and gift cards.
Monday, September 2, 2019
How Do Trend in the Marketing Industry
1. How do trend in the marketing industry, such as integrated marketing, affect advertising? Nowadays, there are too many trends in the marketing industry which we can see all over the places. These trends do not only give implication to the industry itself, it also affects the advertising field as well. Internet Marketing is an all-inclusive term for marketing products and/or services online ââ¬â and like many all-inclusive terms, Internet marketing means different things to different people. Essentially, though, Internet marketing refers to the strategies that are used to market a product or service online, marketing strategies that include search engine optimization and search engine submission, copywriting that encourages site visitors to take action, web site design strategies, online promotions, reciprocal linking, and email marketing ââ¬â and thatââ¬â¢s just hitting the highlights. This is one of the trends in the marketing industry. These trends affect the advertising field by allowing them to promote a product or services widely through the internet. Many firms are embracing a paradigm that is shifting the focus of advertising methodology from traditional text and image to the JavaScript and Adobe Flash, which is known as the online advertising. The potential customer can access information concerning the service or product to help in deciding the need or use of products through online. Another that are often used by the marketers is applying local cultures in a global product. In this trend they usually brings in a global product into a country and applies a local culture to it, such as the countryââ¬â¢s national language, costumes, local celebrities and much more just to attract their local customer to buy the product. Understanding a countryââ¬â¢s culture is a key to global success. Food, food retail, beverages, household cleaning and personal care products are highly subject to the influence of culture because they are rooted in local taste, traditions, and needs. While it is very difficult for marketers to overcome these differences, there is no real imperative to do so. It doesn't matter if a food brand has different incarnations in different countries; the vast majority of consumers will be completely oblivious. For an instance, Coke has taken in adapting both its product and its communication. As a standard practice, Coca-Cola modifies its product to meet local tastes and invests heavily in locally inspired communication to complement its global positioning. The longer a brand has been in market, the more likely people are to have grown up with it and accept it as part of the local scene. This trend in marketing industry gives more implication to the advertising field. Firstly, for this kind of trend, global companies have to come up with more advertisements just for one product. Because, they are selling their products all over the world, which to be said in different countries. Whenever they adopt a local culture in selling their product, advertising plays an important role by showing the criteria of local culture to the audience, such as using the local language, local celebrity, local customs, and etc. For an example, in the Pizza Hut advertisement in Malaysia, they use the local language, such as ââ¬Å"sensasiâ⬠and the tag ââ¬Å"halalâ⬠in their advertising strategy just attracts the local consumers. In conclusion, advertising field is always getting affected if there are any changes or new trends in the marketing industry. This is because, advertising is the tool that helps the audience to get information about a product or services and also it attracts them to purchase it. 2. Can advertising be a factor in relationship marketing? In what way? Discuss. Advertising plays an important role in relationship marketing. Advertising is a form of communication intended to persuade an audience (viewers, readers or listeners) to purchase or take some action upon products, ideas, or services. Relationship Marketing were defined first as a form of marketing that developed from a direct response marketing campaigns which emphasize the customer retention and satisfaction, rather than a dominant focus on sales transactions. In others words, it recognizes the long term value of customer relationships and extends communication beyond intrusive advertising. And also, Relationship marketing attempts to involve and integrate customers, suppliers and other infrastructural partners into a firm's developmental and marketing activities. In the most basic sense, advertising can help in promoting the sale of a particular product or service. Advertising in the olden times, was just spreading simply through word of mouth. It was to promote the sale of a product, good or service. As time advanced through the 17th Century, advertisements began to appear in newspapers, and later, in other forms of mass media, such as radio, television and cinema. Moreover, advertising in recent years, has maneuvered its way through the other forms of advertising, such as advertisements being displayed on fruit products, ads being displayed on vehicles such as buses and taxies, and even in public and social places, like the shopping malls and streets. Besides that, advertising in the recent years has been escalated through the airing of TV commercials, and the phenomenon of the World Wide Web, or simply the Internet. Banner ads and newsletters have been included in company websites, to encourage the number of customers logging on to a particular website. Advertisements have been helping to motivate the demand for particular goods and services. Advertising through the implementation, and setting up of billboards on the sides of streets and major shopping areas, is yet another growing tactic among marketing professionals, and advertising agencies. This has skyrocketed the product sales. Through this advertising, the images of particular products and services have enhanced, and resulted in a significant increase of sales over the recent years. In conclusion, advertising has created a sense of public awareness among the people about the products they use in their daily routine. On the other hand it is yet another means thorough getting a message across to a wider audience of people about a particular product. Advertising through television and billboards ensures that the sale of a particular product or service is amplified. Looking at it from a different perspective, advertising could be considered as an effective marketing strategy towards increasing the publicity of a product and in turn reaching out to a wider customer audience. Thus, it is an important factor of relationship marketing.
Sunday, September 1, 2019
Suggestions Canada health care
This essay will discuss the budget constraint model to understand the consumer behaviors towards health care and the Issue of adverse selection will also be analyzed, followed by the production of health care and the role f the government in the production of health care. This essay will conclude with suggestion of the lessons that policy makers in Canada can learn. Any of the economic models that exist must have assumptions; assumptions must be fulfilled to assert constancy.In the standard budget constraint model, there are three assumptions: (1) consumers are rational and have perfect information about quantity, pricing and the key players in healthcare, (2) there Is no uncertainty about the future, and (3) Important decisions are made as If the future Is known with certainty. Consumers can choose any affordable combination of healthcare and other odds. Among these bundles, consumer has a set of preference which provided different levels of satisfaction. The budget constraint model states that the demand for medical services is derived from the demand for health care and how the consumer produces health.Consumers do not purchase health. Indeed, they medical care inputs. An example of the Indian health market supports this model. India has a universal health care system of which government covers most medical services provided, similar to Canada. In India, many of the healthcare consumers are not able to produce health. Their ability to produce health is reduced by the poor vying conditions and living style. Patina in India is a slum; it is characterized with poverty, which encompasses low levels of health and income. People in this town are suffering in poverty and disease.Patina has been hit by the epidemics and develops symptoms that are attributed to tuberculosis due to poor sanitation and ventilation. They repeatedly require medical care. However, public-health system lacks the medical resources, leaving poor people at risk. This has forced consumer to sw itch to the private healthcare, but they cannot afford it. These poor people are often the cities, caught between lousy care and unaffordable care (Specter, 2010). Consumers have limited budget and, hence, healthcare production is restricted by their budget, so they have to look for the best affordable bundle of goods to meet their needs.Under lousy universal health care system, consumers are very much constrained in their choices. Policy makers must understand the budget constraints that the consumer faces. To formulate successful policies, policy makers must also consider the bundles that the consumer is permitted and regulate the private healthcare services to reasonable price (Specter, 2010). Government should also devote sufficient resources to improve the quality of care in the public sector and raise the level of nutrition and the standard of living of its people to reduce healthcare costs.Similar policies could also apply in Canada to improve our public healthcare system. Pr ivate companies that offer health insurance often encounter adverse selection. This phenomenon can be explained by asymmetric information when insurance attracts higher than average utilizes than an actual fair premium suggest. Clients purchasing insurance know their actual expenditures whereas the insurance many only knows the distribution of expected expenditures. In this market, the higher health risks tend to drive out the lower health risk people until no market is left; this is known as the Lemons Principle.This is inefficient since insurance company is not able to sufficiently pool its risks. In the U. S, congress passed the Genetic information Nondiscrimination act. This act prohibits insurance company from using genetic information to determine rates (Coursework, 2010). Genetic testing provides the insurance company with pre-existing conditions, which gives insurer incentive to deny coverage or set a higher premium. This bill was unanimously supported by congress such that insurer cannot charge higher premiums based on pre-existing conditions.The main idea of this bill is to protect the community from exploitation by insurance companies, which lead to community rating. At this time, private insurers cannot rely on medical underwriting. However, this act turns the insurance companies into oppression. The only factors they will be allowed to take into account in determining rates will be age, region, and whether or not someone smokes. While the government supports the community rating and universal access, it conflicts with its insistence of that the healthcare reform is dependent on private insurance companies (Coursework, 2010).Yet, the fact is that healthcare system could do Just fine without an insurance system with community rating. Medicare is a and people with disabilities. It may be true to say that private sectors are better in terms of managing costs and providing services, but Medicare's spending on healthcare over the past decade has risen m ore slowly than that of private sectors (Coursework, 2010). Economists all agreed that Medicare is a successful program, but that it needs efficiency improvements to be sustainable in the future (Walker, 2010). Canada can imitate from the success of Medicare in the US.Medicare in Canada is framed by the Canada Health Act; it is designed to ensure that all residents have reasonable access to medical services, on a prepaid basis. Using our existing insurance system, policy makers should expand the government-run health care regardless of risks. Instead of replacing private insurance companies, it would be more sensible to turn them into public utilities. Netherlands and Switzerland have adopted this proposal, which turns out with reasonably good results. Government has a very large role to play in the production of health services.Production of health services is the relationship between health and the health inputs that are needed to produce health. The Case in most developed countri es is that the government plays a significant role in health production (Coursework, 2010). The government provides health care which is either paid with taxes it collects or subsidy that are given to individuals. The government provides other inputs such as controlling pollution and legislation to regulate health safety. The government also carries out health promotion. This is done by promoting healthy lifestyles such as exercise and also raising awareness about diseases.The government also puts regulation on excessive consumption of harmful substances. All this defines the role the government is supposed to play in the provision of healthcare. In conclusion, policymakers in Canada can learn from the lessons discussed. Starting with the example of the Indian health market, policy makers should consider budget constraints particularly for the poor people to devote sufficient resources into public health care to improve the laity and regulate the private health care system with reas onable prices.Government could also raise the level of nutrition and the standard of living of its people to reduce healthcare costs. Secondly, from the US example, it is proven that the healthcare reform does not depend on private insurance companies. Medicare in Canada should also be expanded and private insurer can be turned into public utilities. Finally, though the Canadian government provides medical care, it is important for them to promote health as well. Provision of medical care must go hand in hand with the promotion of health as the case with other developed entries.
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