Dissertation topic about Digital Marketing Article

Dissertation topic about Digital Marketing - Article Example Digital marketing has facilitated the retailers to target their potential customers by maintaining their online presence on the social media network, through mobile shopping, by introducing email marketing campaigns and mobile promotions and facilitating the existing customers to pay using their mobile phones (Rob Stokes, p.21). However, in this rapidly changing world of technology, it is imperative for the retailers and multinational organizations to devise new strategies that would help them to increase and maintain their competitiveness in the retail industry as well as it would also help them to target their potential customers in a more organized manner. As a result, this would make a significant impact on the profitability of the business and customer base. The dissertation will address the problem on how retailers can increase their competitiveness by integrating various digital marketing strategies in their overall business and what could be the possible shortcomings in implementing those strategies. It is imperative to understand that role of digital marketing in reshaping the world of retail industry in this modern era and how retailers can effectively reach their existing and potential customers by using and implementing the digital marketing techniques in their organizations. The purpose of this study is to explore the different digital marketing techniques introduced in the world of business and how the integration of these techniques can enhance the competitiveness of an organization by reaching to the maximum number of customers and increasing the profitability. 1- How retail business can increase their target marketing by communicating to the larger group of people through various platforms like search engine, social platforms and different similar platforms? 2- Retail businesses can integrate their offline marketing to online medium in order to cater larger group of people but how can businesses increase their business sales through this

What Caused the Current Economic Crisis Term Paper

What Caused the Current Economic Crisis - Term Paper Example This meant the very foundations on which our principles and understanding of the whole economic system was based on were shaken and jolted to an extent that people lost confidence in its integrity. It raised questions that directly pointed fingers on the functioning of the global financial markets. The whole crisis began when the US investors lost confidence in the value of sub-prime mortgages resulting in an adverse liquidity crisis. In fear of the effects of the looming liquidity crisis, the US Federal Bank injected huge sums of capital, liquid money, into financial markets in an attempt to prevent several hundred thousand businesses and individuals from declaring bankruptcy. By the end of September of the following year, the economic crisis had worsened as its negative effects started to crash stock markets on all the continents. This made investment highly volatile and investors lost millions of dollars overnight as this continued to spread further. A pinnacle was reached where c onsumer confidence was at its lowest in fear of the inevitable outcomes. Analyses reveal that at a more fundamental level the economic crisis could be attributed to the diligence of massive global imbalances. These imbalances were the outcomes of long periods of excessively loose monetary policy in the major advance economies during the early part of this decade. A major factor in this was the significant increase in the budget deficit of the United States, while at the same time the accumulation of huge amounts of surpluses in Asia, particularly in China and the oil exporting countries of Middle East. The current account balance of US in 2008 as a percent of its GDP was -4.7%, and for China, Saudi Arabia, Russia and UAE was 10%, 28.9%, 6.1% and 15.8% respectively. This showed that even after billions of revenue for the Western Giant United States, the global net flow of money was directed towards the Eastern part. This imbalance was ever growing as the Economic power was slowly and gradually shifting from the West to the East. Experts stated that these imbalances were seen as the consequence of the relative inflexibility of the currency regimes in China and other such countries. According to Portes (2009), prevailing global macroeconomic imbalances were the major underlying cause of the crisis. The gap between the saving-investment function was extensive and this gap was only widening with time since developing countries started relying more heavily on developed economies to provide for their development expenditures. The immediate impacts of these huge cross-border financial flows were seen on the financial intermediation process. (Mohan, 2009) As stated earlier the monetary policy of US was also a contributing factor to the financial crisis of 2008. To understand this we have to visualize the dot com bubble burst in the early 2000’s. This resulted in a reduction of the interest rates and consistent ease in the monetary policy of US and other advanced economies. These rates maintained as low as 1 per cent in US during the period 2003-2004. This gave ample opportunity for new businesses to thrive in the country and huge investments were made during the first half of the decade. Figure 1 clearly demonstrates that during 2008 the effective federal fund rate in the US was around 1 per cent margin. This relatively loose monetary policy meant that transactions were being done on a credit basis more than ever in the history of the country. The effects of this were visible in the credit crunch of 2007 that eventually combined with other factors to bring about the economic crisis. The growing demand from the US consumers and its increasing reliance on cheap consumer goods being imported from Asian countries, mainly China,

Chinese Somatic Science Essay Example for Free

Chinese Somatic Science Essay In 1984 when the Japan-France symposium was held, scholars of religion, medicine and psychology were gathered from both sides, and they engaged in discussion in order to promote the movement of New Age Science. I included a suggestion, made from the Japanese side, presentations on Traditional Chinese Medicine (TCM), Parapsychology, Eastern martial arts and their demonstrations. In the martial arts demonstration there was included the performance of a technique in which a master martial artist, by emitting ki-energy (chi-energy), makes opponents, who are spatially distanced from him, fall down. This technique is called â€Å"distant hitting† [to-ate: é   Ã¥ ½â€œÃ£  ¦], and it became a conversation piece, attracting people’s attention. As a result, many q(g(ng (Chi-gong) masters came to visit me. I studied their techniques, and experienced ki-energy as a subject of their q(g(ng techniques. Afterwards, I went to China to learn about its actual situation. While I was staying in Beijing in 1997, the Chinese Society for Somatic Science (CSSS) was established. The leaders of this society came to see me with a request to make efforts to propagate q(g(ng in Japan. In the following year, I invited scholars and q(g(ng masters from China and held a symposium â€Å"Ki (Chi) and Human Science† in Tokyo.[i] At about this time, a q(g(ng boom was being generated. After this conference, I went to China many times to investigate and study q(g(ng. I will introduce its fundamental ideas, while incorporating my own opinion. Chinese Somatic Science focuses on the three fields of traditional Chinese medicine, q(g(ng and special abilities as its main objects of research. â€Å"Special abilities† refer to what parapsychology calls psi-ability (paranormal ability). A central focus in each of these fields is ki-energy as the object of research. Traditional Chinese Medicine understands the fundamentals of the human body’s organization by means of the network of meridians. Meridians are channels of energy which circulates in the interior of the human body. However, they are an invisible system which cannot be discovered by dissecting a corpse. In other words, they are a system unique to the body that is active while it is alive. I am taking this to mean, for now, like a system that organizes the subject-body (i.e. the lived body) of which Merleau-Ponty speaks. An important point, when it is seen from a theoretical point-of-view, is that the meridians are a system which does not agree with the mind-body dichotomization established since Descartes. That is to say, ki-energy is conceived to be a life-energy which has both physical and psychological characteristics. The fundamental principle of needle therapy used in traditional Chinese medicine lies in activating the circulation of ki-energy within the human body by infusing fresh ki-energy into the human body, while eliminating the stagnant and inferior flow of ki-energy. Next is q(g(ng. Q(g(ng teaches us that the activity of ki-energy can be heightened through a repeated training. Consequently, we can understand that q(g(ng, theoretically speaking, has a characteristic commensurate with the training in martial arts. It is a bodily technique with a tradition stretching from ancient times. In the case of medical therapy, a mature q(g(ng doctor guides patients to train themselves and practice q(g(ng on their own. Here we can discern a methodology different from the therapeutic method of modern medical science. While modern medical therapy leaves patients to assume a passive standpoint of simply receiving doctor’s treatment, q(g(ng lets them assume an active standpoint of training themselves. The point of this training lies in activating the natural healing power latent in the interior of one’s own body. Ki-energy is thought to be the energy that controls the foundations of life-activity. The training means to promote and purify the activity of ki-energy inside of one’s own body, and to transform it to the ki-energy of a better and higher quality. Therefore, it is a therapeutic method as well as a method of maintaining and promoting health. That is, it can become a method of maintaining health by continually training oneself daily, while it is not limited to a time of sickness. Q(g(ng is divided into internal and external q(g(ng for the purpose of convenience. The training which a patient performs after receiving guidance belongs to the inner q(g(ng, while the outer q(g(ng refers to cases in which a mature q(g(ng master performs therapy on a patient or subject. In these cases, the q(g(ng master usually touches the patient’s body with his hand, but there are cases in which a q(g(ng master, distancing himself from the patient, performs a therapeutic technique without making contact. It is probably safe to think that it is based on the same principle as the technique of therapeutic touch, which in recent years is beginning to spread in American. The third field that is called â€Å"special† ability in China, overlaps with the research of what is referred to in the West and Japan as parapsychology. On numerous occasions, I met with q(g(ng masters in China who have paranormal ability, and observed their technique, while engaging them in dialogue. I encountered people who can demonstrate a wonderful technique, not to mention clairvoyance and psycho-kinesis, which Rhine’s research problematized. Insofar as my research can confirm, there are cases of people who innately possess these abilities, and cases of people who have acquired them through training. If these abilities are used in the field of medicine, they can fulfill the same role as the external q(g(ng. Moreover, there are cases among master martial artists who can demonstrate this kind of ability, though its number is limited. One impression I have received when encountering these people is that there is a great difference between the East and the West in the foundational idea, when dealing with this kind of issue. While in the East this kind of issue has been dealt with as part of the issue related to self-cultivation, which traditionally has a cultural and religious background, there was no such historical and cultural background in the West. Consequently, parapsychological research in the West is preceded by an interest and concern from a theoretical point-of-view. This brings in the background of contemporary scholarly research where there is no concern for its relationship to daily activity. By contrast, in China’s case the practical purpose, as in the case of q(g(ng, looms in the purview of research. This kind of stance is based on the traditional ethos found in the history of science and technology in China. (Modern technology of the West emerged as an application of theory, where theoretical research does not take into account the relationship it has with the practical, daily activity of human beings.) When we examine it from a broader perspective, this kind of tendency is rooted in the philosophical tradition of the East which highly values the practical standpoint. However, there is a tradition in the East which admonishes people, as they are prone to fall into an ethically wrong tendency regarding paranormal phenomena. The tradition of East Asia such as that of China and Japan maintains that the bodily technique must conform to an ethical standpoint. Although I could hardly see such a spiritualistic stance in the contemporary situation in China and Japan, there were occasions where I met persons with such a stance, especially among the masters of martial arts, who are living among people, but not related to universities or academic institutions. In the tradition of Buddhism, this kind of â€Å"special† ability has been called â€Å"siddhi† [jints(riki; ç ¥Å¾Ã©â‚¬Å¡Ã¥Å â€º] and is considered a kind of a by-product that naturally emerges in the course of self-cultivation. Buddhism has persistently maintained that self-cultivation should not aim at acquiring this as its goal. For example, D(gen, a famous Japanese medieval Zen monk, teaches in the chapter of â€Å"Jints(† [Divine Power, i.e. paranormal power] in Sh(b(genz( that although Buddhism recognizes this kind of siddhi, it is a â€Å"small† siddhi, and the true â€Å"great† siddhi exists in the midst of such everyday activities as drinking tea and eating a meal. This reminds me of Yang Xin, a q(g(ng master, who is now actively promoting q(g(ng in America. When I saw him in Beijing some time ago, he told me that he was now studying â€Å"distant q(g(ng† [Chin. yu(g(q(g(ng; Jap., enkaku kik(, é   Ã©Å¡â€Ã¦ °â€"功]. He was accompanied by a twelve-year girl, who was his experimental subject. I asked him why he was conducting such an experiment. He replied: â€Å"I am not trying to become famous by showing off this kind of technique. As I read a description in a classic on the method of self-cultivation that one can perform this kind of technique, I just wanted to know if it is true or not.† Then he wrote on a piece of paper â€Å"Ã¥ ¤ §Ã© â€œÃ§â€ž ¡Ã¨ ¨â‚¬Ã¢â‚¬  [Chin., d(d(ow(y(n; Jap., daid(mugon] This phrase means that â€Å"The Great Dao remains silent and does not speak.† Herein lies, it would seem, a difference in the traditional ethos between the Eastern martial arts and Western sports. The historical origin of Western sports goes back to the Olympian events in ancient Greece. They emerged, based on the demands of a battlefield such as physical strength, stamina, running, throwing, and the handling technique of a house-drawn cart. We might say that the custom of the modern Olympics in which a record is valued more than anything else inherits this traditional idea. By contrast, in the tradition of the martial arts in the East runs an idea which emphasizes spirituality, even though the martial arts developed, like those of ancient Greece, through techniques used on the battlefield. The history of the Chinese and Japanese martial arts was nurtured through the influence of Buddhism and Shintoism. It came to develop the idea that training in martial arts has the meaning of enhancing one’s ethical personality. Consequently, the stance of respecting the opponent’s personality and capacity was sought in performing techniques. For example, Mr. Ueshiba Morihei, founder of Aikid(, states that â€Å"Martial art is love.† The ultimate goal of martial arts is not to win by defeating an opponent, but to harmonize with an opponent such that people can love each other under â€Å"that which is great† transcending humans. It would seem that â€Å"research on the prayer,† which has been recently initiated in America, incorporates this kind of spiritual idea. Incidentally, I came to realize in the course of investigating the Chinese Somatic Sciences that the standpoint of psychology was lacking. In modern China, which used Marxist materialism as its guiding principle for establishing the nation, psychology was not studied until the time of the Cultural Revolution, as anti-thetical to materialism. Even q(g(ng was an object of suppression. Today, however, the study of psychology is recognized to be legitimate, and the exchange with Japan is making an advance. I have practiced meditation since my youth, and have continued to research and study it. Meditation methods in the Chinese tradition were called â€Å"quiet q(g(ng† and stands a pairing relationship with the usual â€Å"moving q(g(ng† which mobilizes the body. However, almost no meditation methods are practiced in contemporary China. This is probably due to the fact that meditation methods such as those of Buddhism and Daoism were developed within the tradition of religious culture, and declined as a consequence of persecution after the modern period. When somatic science was established in Japan in 1991, we used for its English designation the Society for Mind-Body Science (SMBS), as I felt the importance of psychology. The fundamentals of meditation lie, after all, in promoting the circulation of ki-energy. When it is seen from the point-of-view of psychology, ki-energy designates libido. It is life-energy equipped in the unconscious and the body. The foundational idea that is placed in The Secret of the Golden Flower, a meditation text of Daoism, is to transform and sublimate ki-energy from the state of libido (Chin., j(ng; Jap., sei, ç ² ¾) to the state of â€Å"divine subtle energy† (Chin., sh(n; Jap., shin, ç ¥Å¾). Ki-energy changes into a spiritual energy, when the instinct and desire in one’s unconscious region are purified. Freud insisted that neurosis develops when conscience suppresses the activity of libido, while Jung claimed that libido is an energy related to religiosity. When one touches the activity from the dimension of primal origin, the love of others is transformed from the eros of flesh to spiritual love. To summarize the foregoing, ki-energy is an energy that controls the whole of psychology, medicine, and bodily technique, including the relationship between the environment and the human body. The philosophical guideline that comprehensively includes all of these fields is sought in the idea of the y(n-y(ng exchange of ki-energy which has its origin in the Yà ¬j(ng. According to its conceptual paradigm, nature as an environment is endowed with life, and is fostered to grow, by means of the activity of ki-energy issuing from the Dao that exists in the ultimate dimension. Human beings, along with other life activities, are receptive of this energy and are made to live. Purifying it to a sublime level brings about an enhancement of ethical personality.

Research On Management At Pak N Save New Zealand Business Essay

Research On Management At Pak N Save New Zealand Business Essay The main purpose of the research report on PaknSave Group is that it is the demand of the subject. It will help us to gain vast knowledge about this particular organization. As well as we also come to know that what are the necessities and responsibilities to run a business. We will also get an Analysis of the Organization and Management in PaknSave Group. In this research report mainly we come to know the purpose of organization and roles of the management regarding that particular organization. We will understand the various management philosophies, management practices, influences of environment (internal and external) and application of change management theories. Paknsave is a New Zealand discount supermarket chain owned by the Foodstuffs cooperative. Founded in 1985, PaknSave was the last of the five current major New Zealand supermarkets (Countdown, Food town, New World, PaknSave, and Woolworths) to be founded. As of December 2009, there are 45 PaknSave stores operating across the North and South Islands of New Zealand. PaknSaves key policy is to provide everyday food and groceries at low prices. Stores are large and have a no-frills environment, often with unlined interiors and concrete floors. Customers are also asked to pack their own bags, and charged for plastic bags in most stores. Source (http://en.wikipedia.org/wiki/Pakn_Save) Every day paknsave group aim to make a difference to peoples lives by making the desirable affordable. paknsave group will continue to make Clear improvements in product quality and choice for our customers but, at the same time, paknsave group will always remain true to our core value proposition of delivering bargain prices. The organizational structures of Pakn save http://uniexgh.com/images/organogram.gif In organizational structure of Pakn save there is interaction model. There is chief executive, foreign divisions and coordinator of SP at the top level. At the middle there is director of admin and HR and chief operator and chief finance officer who control operations of company. Then there are general managers in each department. At the below level there is team members and factory managers. Due to transaction model the bottom level people cannot share their information and problems directly with the top level employees. For example if Gen managers in operation want to share some informations of below level they will talk to chief operations officer. He cannot speak to C.E.O directly. There are four departments in Pakn save the admin and HR department, operations department, and consulting and finance department. Below it there are senior and assistant managers. Below it there is team leaders and workers. This is centralized organization everyone has to report to the head office onl ine. If there is any information then head office provides to every store. It is a formal organization. All the operations like timing, relate to stoke, sales and customer services control by head office. Every employee has to work according to companys rules and regulations. Store managers cannot change anything related to their stores by themselves. Purpose of pakn save The name probably originates from the cost-saving practice of requiring that customers pack their own groceries. Pak n Save provides the cardboard boxes used for shipping products to the store, or plastic supermarket bags can be purchased at the checkout for 10 cents at North Island stores. South Island stores charge customers 5 cents per plastic bag. Customers are encouraged to purchase longer-lasting bags or to bring their own. The stores are laid out as supermarket aisles, but with minimalistic design. Extra products that are not on shelves are stacked above the shelves on the pallets they were delivered in. This means that the floor space can be used for retail and storage. The stores are supplied daily from their co-operative distributor Foodstuffs. Pak n Save stores often buy stock in bulk. This process means that stores dont offer a wide variety of products as full-service supermarkets a Consumer magazine survey noticed this especially in the pet food and toilet paper categories Some stores have self checkout self scanning facilities, where the customer scans each item as they put it in their shopping cart trolley. This reduces waiting time at the checkout, as payment is the only thing that occurs (apart from random re-scans). Conventional checkout operator scanning is also available. Pakn save management roles and skills PAKnSAVE follows a Food format unique to New Zealand supermarket shopping. They buy and stock a range of everyday basic products in bulk, and because we can do this in such large volumes it means that they can pass the savings on to customers, in the form of New Zealands lowest overall food prices. Customers will always find great specials in store they pride themselves on getting the best deals by taking advantage of opportunities to negotiate in the marketplace. They are also working hard every day to reduce costs in store so customers will find that their plain style stores have no fancy floor coverings, extravagant shelving or expensive lighting. In paknsave, they offer a practical and functional environment with wide aisles, where the grocery items are stacked on the shelf in their boxes so that its easy to shop, and there are lots of checkouts to get customers on their way as quickly as possible. Pakn save company does ask customers to pack customers own groceries, as they know that customers dont want to pay for any extras hidden in the price of the goods. Because pakn save reduce their costs by these methods, they can pass the savings directly on to clients, without reducing the quality of the products what they offer. Customers only need to check out pakn saves fresh food departments to find great quality fruit and vegetables, meat, seafood, deli and bakery items, all at competitively low prices. For your convenience, some PAKnSAVE stores have fuel pumps located on-site. When you buy groceries at these stores you receive discounts on every liter of fuel that you purchase from PAKnSAVE Fuel. The value of your discount is tied to the amount you spend in store so the more you spend, the more you save! At the moment, PAKnSAVE Fuel is only available at the following stores in the region: Botany Downs, Manukau,, Pukekohe and Lincoln North. Problems faced by paknsave and their solutions Paknsave has to face 2 types problems:- Structured :- Those problems which have already decided or definite solution is known as structured problems. For e.g. the problems regarding customer complaints and reduction in product rates already have some solutions. Unstructured: Those problems which have an uncertainty and no definite format for the solution is known as unstructured problems. For e.g competition of market Problems Pakn Saves main competitors are stores owned by Progressive Enterprises, a division of Australian company Woolworths Limited. The main competitor is full-service discount chain Countdown, and to a lesser extent, Food town and Woolworths. Pakn Save also faces a small amount of competition from Foodstuffs full-service supermarket, New World. Problems are as followings- Structured- Customer complaints. Damaged products. Arrange products according to customer needs. More staff required during busy period. Unstructured- The first problem that organization is facing is that tax is increased so that firm is found very hard to keep its promise of lowest prices. This company is not selling all the food products that we need. People can see many things have charges which are lower than Pakn save products. People find some goods have lower find nearby small shops. How organization might make decisions. Brainstorming is a method of extracting a large number of ideas within a formal setting.The key features are as follows- All the staff is drawn from the team.There is a chairperson and a note maker who makes the note of the whole ideas given. Management Philosophies and practices of Paknsave groups: Task focus: Various tasks- The management has various tasks to focus on. The Management needs to decide that what tasks needs to be done in between a specific period of time. This helps the management o make easy to achieve the goal. It also helps the management to make follow on the rules and policies. People: Recruitment training performance appraisal- It all includes the hiring of new staff. This all can be known as recruitment. Some people on job give more preference in building relations with other workers or people but some people gives more preference to achieving the targets and goals of the company. People orientation (Relationship with people) Task orientation (Target achievement) Efficiency and effectiveness: The main factors on which the efficiency and effectiveness of the paknsave depends are as following: Location: The location of a paknsave plays a very important role in its efficiency. It should be situated on well localized place. So that people have not to face any type of problem while reaching there. Workforce: Most of the success of any business depends upon the workforce of the organization that how effective all the workers do their work at their positions. Same things implement here in paknsave group. Quality of products: If the quality of products in the paknsave would be admirable then everybody try to get stuff from here. Impact of internal and external environment: Internal environments influences: People:Customer satisfaction: All profits of a company/organization depend on the satisfaction of customers. If customers will be satisfied with the products of the company then it will enhance the sales and if sales will increase then it will also raise productivity as well as as employment. Eventually profit will automatically increased by these factors, same thing implement on Paknsave group. System:Quality: customer will only feel satisfied if the quality of the product will be reasonable. So this is also a core factors for the success of Paknsave group. People:Staff turnover: it is also a countable factor for the development of business. If this problem occurs in Paknsave group then it will lead this business to loss of productivity, as new staff will take some time to get up to speed, particularly in complex jobs. As well as customer dissatisfaction will also occur. The influence of PESTEL forces on Pakn save Economic effect 1) Food stuffs in New Zealands largest retail organisation and the second largest commercial organisation by revenue in New Zealand. Due to recession they are still employed employing more than 30,000 people nationwide. But due to recession it is going to be reducing in future. 2) Due to inflation because inflation is increased there is effect on consumer goods. So the prices is going to be increased but Paknsave prices is still lower than other retail stores .But due to great effect of inflation on the food products ,now Paknsave is going to lose their customers too. Environmental effects Pakn save constantly strive to serve the community better. It understand the needs of our customers, and are big supporters of their local communities through various environmental and community initiatives. 1.) Foodstuffs South Island is very disappointed to advise that due to the severe nature of the damage which has resulted from the earthquake, New World Kakapo will not be re-opening and will need to be re-built. Understandably, this is an incredibly distressing time for the local owners, 2) Andrew and Jacqui Palmer, and their staff. The supermarket currently has 34 full time and 52 part time staff employed who will all be affected. 3) After the earthquake in Christchurch Pakn save reduces their prices more than before but government is not going to reduce its taxes so they have to reduce their profit. But it is just for short time. 4) They said if NZ government reduces tax on consumer goods then they can be able to give extra advantages to people about quality and price. Technological effect The new $70 million Foodstuffs Wellington dry grocery distribution centre in Palmerton North is a smart operation that makes clever use of next-generation computer technology. By online shopping customers use to buy things .By using these technology sales of Pakn save is increasing. Now people do not have need to go out .they can give order for things online. Now Pakn save delivers goods at their customers home. That is way customers can save their fuel and time. Now new machine of packaging are established .So people can pack their own things very quickly and efficiently. Its automated system for handling small grocery items has already doubled productivity in what has traditionally been the most time-consuming operation of Foodstuffs warehousing. Operations Group General Manager David Cooper says the distribution centre, which began operating in January, has been designed to meet the current demands and future expansion of Foodstuffs Wellington Cooperative Society. The distribution centre on the corner of Roberts Line and Railway Road is huge. People are dwarfed by the size of the place which is the largest in Palmerton North and one of the biggest in the country south of Auckland. Inside the building, the feature that rivets the eye is the huge complex that dominates the central area. This is Foodstuffs automated picking system (APS). The 10-metre tall, steel lattice storage system for loose groceries is a computer-operated machine that was designed and installed by Australasian logistics solutions company, Dalmatic. High speed intelligent cranes are installed between each row of racks and they zoom in and out at high speed. They pick up totes from conveyor belts to store them and retrieve others for delivery to work stations. Legal influence By increasing the GST tax by 15% PaknSave has to increase its price rate in future. But Pakn save has to lose its customer. But Paknsave is not going to increase its price. It has to reduce its profit. Government also provide subsidy to some food products It will enjoy by people and services is provided by Pakn save. Socio-cultural Effect With changes of life style of people, people want products with cleanness. Pacs save provided products with cleanness and also provided wholesale prices .so people like to buy more products from that place. Paks save also changes its infrastructure and interior decoration according to customers .So that customers can visit more to Pak n save. Generally people spend more on Christmas days .So Paknsave also provides saving accounts offers to their customers so that customers can save more two months before for their shopping at Pak n save account. By this Paknsave will be going to open a account of their customers So that they can buy more at less money. Paknsave brands have been designed and developed over the years to best meet our customers various needs whether its for the weeks big shop At PAKnSAVE; shopping for that special dinner party at New World, or picking up essentials from your local, neighbourhood Four Square store. Source ( http://www.paknsave.co.nz/AboutUS/) Application of change management frameworks: Mostly these retail industries hire those workers who are inexperienced and not have enough skills to work in this particular job which create problems while dealing with customers. So, it should be change. Before hiring any worker a test or interview should be must. In accordance with Levins theory an organization has to overcome 3 stages of change which are: 1. Unfreezing 2. Change 3. Refreezing Source- While making this change firstly paknsave has to stop following old procedures regarding recruitment procedures. In next step they should start new training programmers so that they can make their work more efficient and applicable. In the last step warehouse will have to apply this change on the company. (Mind Tools, 2007; Syque, 2007) In accordance with Kotters Eight Step Model an organization has to overcome 8 steps which are: Source: The main reason of this change regarding recruitment procedure is that it is affecting the sales and profit of the paknsave because it doesnt have effective workers. For setting new rules and regulations a team is must which involves those workers who can plan and set these goals effectively. Then this team should set some goals for the better future of the company. Afterwards, this change should be tell to the all workers so that they can understand the need of change and follow the vision which is set up by team. After that the team should be given the authority to implement this change on paknsave. A short term survey is must so that they can know the output of the company after the implementation of new procedure. At last this change should made permanent if it works efficiently(Chapman, 2006).

Accounting :: Free Essay Writer

I - A. â€Å" Representational faithfulness is accomplished when transactions and events affecting the entity are presented in financial statements in a manner that is in agreement with the actual underlying transactions and events† (CICA, Financial statement Concepts 1000.21 (a), 2003). It means that all of information in the financial statement such as numbers and descriptions must be factual. The independent auditors checked the computer ID tags on each piece of equipment to confirm the actual numbers, and for that reason Byrn Company observes the representational faithfulness that is one of subsets of reliability. I - B. â€Å"The consistency principle states that businesses should use the same accounting methods and procedures from period to period† (Harrison, Horngren, Lemon, & Lemon, 2004, p. 279) Hence the financial statement of Carroll Company violates the consistency principle. I - C. â€Å"The time-period concept ensures that accounting information is reported at regular intervals† (Harrison, Horngren, Lemon, & Lemon, 2004, p. 114). Still, the company believes that quarterly financial information can be issued whenever it is convenient for the accounting department, and they published its first three quarterly reports during the 10th month of the year. Consequently the financial statement of Dawn’s Data Enterprises violates the timeliness that is one of subsets of relevance. I - D. â€Å"The financial statement representation of a transaction or event is verifiable if knowledgeable and independent observers would concur that it is in agreement with the actual underlying transaction or event with a reasonable degree of precision. Verifiability focuses on the correct application of a basis of measurement† (CICA, Financial statement Concepts 1000.21 (b), 2003). Even though the comptroller of the bank knows the electric pencil sharpener may qualify as an asset by years of benefit expected, he decided that the cost of the sharpener should be expensed. As a result, the financial statement of the bank violates the verifiability that is one of subsets of reliability. I - E. â€Å"Information that helps users to predict an entity’s future income and cash flows has predictive value† (CICA, Financial statement Concepts 1000.20 (a), 2003). The company’s financial statements show ten years successful operation, and it helps Bill to invest in the company. The financial statement of Wilson Enterprises follows the predictive value and feedback value which is one of subsets of relevance. II - A. A dress shop purchases a $3,500 sewing machine to use for alterations. A dress shop’s assets increase amount of $3,500 because assets mean all resources owned by a business.

Anti-Dumping Essay -- essays research papers

Antidumping law and practice- USA and China. Among the trilogy of trade remedy regimes- countervailing duty, safeguard and antidumping actions- antidumping actions are by far the remedy of choice. It’s a measure internationally adopted to stop unfair competition, regulate international market order and protect the security of the national industries. It’s adopted by an increasing number of countries as it’s playing an increasingly important role in international trade. It’s perhaps the most controversial subject involving foreign trade. The United States is the world’s biggest user of antidumping and has been for decades. China, on the other hand, has been the number-one target of antidumping by most countries for the past decade. The first dumping lawsuit against china came in 1979 when Europeans accused Chinese saccharin manufacturers of dumping. If a company exports a product at a price lower than the price it normally charges on its own home market, it is said to be â€Å"dumping† the product. The WTO agreement does not pass judgment. Its focus is on how governments can or cannot react to dumping- it disciplines antidumping actions, and it is often called the â€Å"Antidumping Agreement† (The Agreement on Implementation of article VI of the General Agreement on Tariffs and Trade 1994). Antidumping refers to a legal system under which the government of a country investigates the dumping of imports and take corresponding antidumping measures in accordance with the law. Broadly speaking, the WTO agreement allows governments to act against dumping where there is genuine (â€Å"material†) injury to the competing domestic industry. In order to do that the government has to be able to show that dumping is taking place, calculate the extent of dumping and show that the dumping is causing injury or threatening to do so. Typically, antidumping action means charging extra import duty on the particular product from the particular exporting country in order to â€Å"bring† its price closer to the â€Å"normal value† or to remove the injury to domestic industry in the importing country. There are many different ways of calculating whether a particular product is being dumped. The agreement (AD Agreement) narrows down the range of possible options to three methods. The main one is based on the price in the exporter’s domestic market. When this cannot be used, two alternatives are availa... ...s and harming for an average American consumer. Antidumping is a widely used remedy in international trade. Some countries use it more commonly than others. Some initiate a lot of antidumping cases, other are targets of these initiations. There are as many defenders as opponents nation and worldwide. Antidumping actions are to some extent very subjective and it makes it, among other arguments, a very controversial tool. Some even find it a threat to the international trade and prove that it is against free trade. Antidumping involves too many emotions and political influence. In many cases it’s a very short-term remedy for a difficult situation. However, it makes life more difficult for those thinking about predatory entrance and unfair competition. Both are against market order and fair competition with equal opportunities for everybody. It’s unethical and harmful to win a market with forbidden actions. Antidumping will still arouse emotions and protests: as long as there will be countries which antidumping institut ions are under political pressure to protect particular sectors/industries and as long as there will countries willing to win foreign markets no matter what price.

Maurya Dynasty Essay

Chandragupta Maurya (born 340 BCE, ruled 320 BCE – 298 BCE) was the founder of the Maurya Empire. He succeeded in conquering most of the Indian subcontinent and is considered the first unifier of India as well as its first genuine emperor. Prior to Chandragupta’s consolidation of power, small regional kingdoms dominated the northwestern subcontinent, while the Nanda Dynasty dominated the middle and lower basin of the Ganges. After Chandragupt’s conquests, the Maurya Empire extended from Bengal and Assam in the east, to Afghanistan and Balochistan in the west, to Kashmir and Nepal in the north, and to the Deccan Plateau in the south. His achievements, which ranged from conquering Macedonian satrapies in the northwest and conquering the Nanda Empire by the time he was only about 20 years old, to achieving an alliance with Seleucus I Nicator and establishing centralized rule throughout South Asia, remain some of the most celebrated in the history of India. Over two thousand years later, the accomplishments of Chandragupta stand out in the history of South Asia. Bindusara was the second Mauryan emperor (born 320 BC , ruled. 298 BC – 272 BC) after Chandragupta Maurya. During his reign, the empire expanded southwards. He had two well-known sons, Susima and Ashoka, who were the viceroys of Taxila and Ujjain. The Greeks called him Amitrochates or Allitrochades – the Greek transliteration for the Sanskrit word ‘Amitraghata’ (Slayer of enemies). He was also called ‘Ajatashatru’ (Man with no enemies) in Sanskrit. He also went by the title Deva-nampriya. Ashoka Maurya or Ashoka(304–232 BC), popularly known as Ashoka the Great, was an Indian emperor of the Maurya Dynasty who ruled almost all of the Indian subcontinent from 269 BC to 232 BC. One of India’s greatest emperors, Ashoka reigned over most of present-day India after a number of military conquests. His empire stretched from present-day Pakistan and Afghanistan in the west, to the present-day Bangladesh and the Indian state of Assam in the east, and as far south as northern Kerala and Andhra Pradesh. He conquered the kingdom named Kalinga, which no one in his dynasty had conquered starting from Chandragupta Maurya. His reign was headquartered in Magadha . He embraced Buddhism from the prevalent Hindu tradition after witnessing the mass deaths of the war of Kalinga, which he himself had waged out of a desire for conquest. He was later dedicated to the propagation of Buddhism across Asia and established monuments marking several significant sites in the life of Gautama Buddha. Ashoka was a devotee of ahimsa (nonviolence), love, truth, tolerance and vegetarianism. Ashoka is remembered in history as a philanthropic administrator. In the history of India, Ashoka is referred to as Samraat Chakravartin Ashoka – the Emperor of Emperors Ashoka . The emblem of the modern Republic of India is an adaptation of the Lion Capital of Ashoka.