My Firm’s Acquisition Essays

My Firm’s Acquisition Essays My Firm’s Acquisition Essay My Firm’s Acquisition Essay My Firm’s Acquisition Name: School: Course/Number: August 16, 2011 Instructor Name: My Firm’s Acquisition As the CEO of McCann Erickson, I am trying to acquire Ogilvy Mather advertising company, which is the same size with our company. With its acquisition, our firm is bound to become the biggest market leader in the advertising industry. Ogilvy Mather being a foreign international company in many countries around the world, we are sure to become the market leader through an acquisition in the whole world without competitors coming in close. Considering that both firms are ion the same industry, an acquisition would come in helpful in saving costs through economies of scale and a synergetic benefit as well as added expertise and diversity of services. However, considering that majority of acquisition and mergers do not go well and end up causing more problems than benefits, a close analysis will need to be conducted to come up with the best way to go about the acquisition. McCann Erickson is one of the biggest worldwide agencies that has specialized in traditional advertising and offers a wide range of marketing services through the McCann world group that coordinates several other companies such as Futurebrand and Weber. Our company has been in existence for around 8 decades and has had a vast experience in multinational services. The firm is based in the United States of America with its headquarters in New York City. The firm uses its local expertise together with its resources to build a reputation that makes it among the biggest agencies. Ogilvy on the other hand, is an international firm. Ogilvy Mather on the other hand, as mentioned earlier is an international company in the same industry in advertising, marketing and public relations. It was established around 948 in Britain as a simple service firm of few workers to become one of the leading advertising firms in the world today. The firm is currently based in Manhattan making it ideal for neg otiations of the acquisition since it is within United States. More so, the company has engaged in more diversified activities such as providing consulting services for clients and formulating strategies for its clients that they call cross-cultural marketing practice. Procedure Considering that most of the acquisitions fail, a procedure to ensure this does not happen will be required. Most of acquisitions fail due to the amount of acquiring the firm paid especially if it was too high and outdoes the benefit of the acquisitions. However, acquiring price is not the only problem causing failure of acquisition, but also other factors such as difference between the firm cultures and operation. In my acquisition of Ogilvy Mather, I would proceed using the following steps to ensure everything goes well to avoid failing in the future. The first strep would be establishing an acquisition team to undertake the acquisition procedures that will include all stakeholders (acquisition.gov, n.d.). The best thing to do is have a team to undertake the acquisition project that will contain professionals, as well as stakeholders to ensure they are aware and contribute to the process considering that know the profile of the firms well. This way, all the team members will focus on one goal of coming up with the best strategy. The team will be issued with specific duties per person and they will be empowered to carryout their roles effectively. In this team, the senior management from both firms would be involved since they are aware of the companies’ performances and the worth of the company. The second step would be describing any problem that may arise or needing to be solved. In this step the team should be focusing I on what the firms aim to solve or improve such as the problems with the firm to be acquired consideri ng that during acquisition the problem or issues are such as reducing costs, building expertise and solving the problems within the firm. The team should seek to define the desired outcomes from both firms at this stage, whether the acquisition can help meet the organizational goals, which in our case is becoming the biggest market leader and doubling our size of our firm. The third step would be examining the market sector, both private and public so that the team can know the possibilities or opportunities in the market place for the firm. This way, the team can be I a position to know what opportunities are available in the industry after the acquisition and whether the goals of the firm are achievable (acquisition.gov, n.d.). After this steps, the fourth step would be developing a performance-based acquisition that would involve conducting an analysis and formulating the objectives of the firm. Then an analysis of job would follow and then complete a performance statement for the company (acquisition.gov, n.d.). This way the team would have a draft of expected performance after the acquisition and implementation would be easier. The fifth step would be developing a way of measuring performance after developing the performance-based acquisition. This will come up with the strategy to follow in managing the performance of the firm after acquisition to achieve the desired and set out goals. This would involve selection of measure for judging the performance of the firm after acquisition to find out if there is any problem with the strategy used. The sixth step would be finding the right contractor for the work, one who will understand the performance-based acquisition set out by the team (acquisition.gov, n. d.). The contractor must know what the firm needs and possess the necessary requirements for executing the strategy. Collaborating with a good contractor will help solve some of the potential problems that arise after acquisition. The last step is putting the contractor as part of the acquisition team to work together. This last step involves allocating resources to the contractor and the team to execute the plan well that involves maintaining the team, restructuring the roles and assigning responsibilities for managing contract performance (acquisition.gov, n.d.). The contractor is supposed to ensure that all goes as planned by the team. Using these seven steps, the acquisition is bound to succeed and potential problems that cause failure will be dealt with easily after the acquisition is done. Institutional-based Issues Some of the institutional issues I am likely to encounter in the acquisition are the need to responding to constraints in the institutions and transitions after the acquisition. Most of companies at most times do not fit in most of the aspects, and such issues will arise, making a bit difficult to integrate easily (Peng, 2010). Such issues can be handled prior to acquisition to ensure that after acquisition, there will be no hard time integrating the systems of the companies together. The other issue is hard behavior ad norms that may be hard to kill to get a chance to acquire the firm such as hubristic managers and who may feel that their firm is worth more and may not feel they are better in some things and may want to remain in control (Peng, 2010). Resource-based Issues Resource –based issues are such as leveraging of the management capabilities of the two firms after acquisition that may be a little hard considering the size of the firms. Ogilvy Mather could be better in some certain management than we are while we could be better at other management places such as in traditional advertisement management. The other issue that could be encountered is integrating the resources such as cash and human resource to realize the best combination of roles and maximum productivity. More so, the integration of the intangible assets such as the reputation might be quite hard (Peng, 2010). Motives of my Acquisition The first managerial motive my acquisition is synergy that comes with combining of two firms. With acquisition of Ogilvy Mather, there will be a chance to build more power in the market since all resources used by the form will be used together with ours. This way, our weak points in terms of resources will be eliminated and some of the unused resources will be used for better purposes. In addition, this will increase our economies of scale and access to more resources. With economies of scale, there is a greater possibility of reducing costs especially from attained discounts. The other motive is growth of our firm to become the market leader as well as have the biggest market share. With acquisition, we are in a position to enter markets that we did not serve while at the same time we shall maintain the market of Ogilvy Mather. Another motive is to create value of shareholders’ wealth as well s increase the value of the stock. Innovation is the other motive that will be ea sily achieved through combined expertise of the firms after acquisition since each firm has its strong brands that will build a bigger band together (Peng, 2010). With acquisition of the Ogilvy Mather, we are in position to retain their market share and make a bigger firm after combining its resources. More so, with such an acquisition, McCann Erickson is bound to be the most powerful firm in the industry that will give us the chance to the advertising industry (Peng, 2010). However, the performance of the acquisition has to be considered first before such motives. In addition, my motive is to negotiate the most successful acquisition by ensuring that its performance is quite good. Our motives can be achieved with proper implementation of the acquisition and ensuring not to offer a bigger premium than benefits that we would get to ensure a successful acquisition. Hubris I do posses hubris considering that I am confident that my organization is the best suite to perform this acquisition and ensure success. The reason that makes me possess hubris is out of my vast experience in the industry, which has made be a better CEO. I learned that confidence boost my capabilities in executing my duties. More so, it makes me more aggressive in business that further aids my guts to take up risky situations that have brought me to my current position. However, I ensure that my hubris character does not ruin my firm and I ensure to involve others in making decisions. Ensuring Success of the Acquisition To ensure that the acquisition is going to be effective, during the performance based acquisition development, we shall consider several strategies. One of the strategies is speed at which we acquire and integrate the firm with our company. It is important to assimilate an acquisition swiftly to avoid losses and realize the synergetic benefit as early as possible to avoid having to incur costs due to unplanned acquisition. With the developed performance-based acquisition, it will be easier for our firm to integrate Ogilvy Mather into our strategy considering that comprehensive analysis abut the matching of the firms shall be done before the acquisition. This will include making quick decisions about the leadership of the firm, processing the necessary administration operations such as compensation, the business cards, and integrating the human resource to ensure harmony among the employees (cpstrat.com, 2011). The other strategy to ensure success of the acquisition is integrating sales to have one or combined sales team, marketing and service deliveries to ensure that everything id run smoothly and to enable tracking of performance. Considering that staff will play a big role in the success of the acquisition, there will be a staff rearrangement where the best will be retained and those that may not fit within the new working culture will be eliminated to ensure only productive ones are left. There will be a clear vision outlined that supports the new acquisitions and considers goals of the new entity formed after acquisition. The statement will be for all stakeholders to understand. Moreover, many acquisitions have failed to lack of better communication and joint management. Before our acquisition, we shall have a selected team of leadership to ensure the acquisition will not waste time on selection of top management after acquisition. The selected leadership team will be served with the responsibility of integrating the employees after the acquisition and ensure communication flows freely from top-down and down to top (cpstrat.com, 2011). Conclusion Acquisition of Ogilvy will not be easy, however, with careful planning the right team it is bound to succeed. With the strategy mentioned above, it is my intention to ensure that I dedicate my self to ensuring it goes as smoothly as possible so that our desired goals and objectives of doubling the size of our firm is achieved. Io intend to work with the management team of the Ogilvy Mather company to ensure that we come to a deal that will be of benefit to all of us including the shareholders who want to realize the best value of their investment. I call upon all the personnel that will be involved to cooperate and make sure the process runs smoothly and fast enough as it would be necessary. References cpstrat.com. (2011). Merger and Acquisition Success Strategies. Retrieved from cpstrat.com/merger-and-acquisition-success-strategies acquisition.gov. n.d. Seven steps to performance-based acquisition. Retrieved from https://www.acquisition.gov/comp/seven_steps/home.html Peng, M.W. (2010). Global Business. Hoboken, N.J: Cengage Learning.

About the F-22 Raptor Fighter Jet

About the F-22 Raptor Fighter Jet The F-22 Raptor is America’s premier air-to-air combat fighter jet that can also perform air-to-ground operations. It is built by Lockheed Martin. The U.S. Air Force has 137 F-22 Raptors in use. The Raptor is the top air combat fighter jet in the world and is designed to dominate the air. Development of the F-22 began in the mid-1980’s at Wright-Patterson Air Force Base, Ohio. Production of the F-22 began in 2001 with full production starting in 2005. The last F-22 was delivered in 2012. Each Raptor has a life span of 40 years. Unique Features of the F-22 Raptor Lockheed’s development partners include Boeing  and Pratt Whitney. Pratt Whitney builds the engine for the fighter. Boeing builds the F-22 airframe. The Raptor has advanced stealth capability to elude enemy aircraft and missiles. The stealth capability means the Raptor’s radar image is as small as a bumblebee. The sensor system gives the F-22 pilot a 360-degree view of the battlefield around the plane. It also has very advanced sensor, radar and electronics allowing it to locate, track and shoot down enemy aircraft. The two engines have 35,000 pounds of thrust each allowing it to cruise above 50,000 feet at Mach 2 speeds. The engines have afterburners for increased speed and directional nozzles for maneuverability. A sophisticated information and diagnostic system allows for paperless maintenance and faster turnaround. Capabilities The F-22 Raptor gives the U.S. air superiority world-wide as there is no other fighter aircraft that can match its capabilities. The F-22 has the ability to fly at over 50,000 feet at Mach 2 speeds and for 1600 nautical miles. Carrying an impressive arsenal of weapons the F-22 can take out enemy aircraft quickly and control the skies. It can then be converted by changing the weapons carried to perform ground attacks. The Raptor has secure communications capability from one F-22 to another F-22. A single pilot controls the aircraft as he has a 360 view of the battlefield around the plane and a wide array of sensors tracking other aircraft in the area. This allows the aircraft to know where enemy aircraft are in the area before they can see the Raptor. When carrying ground mode weapons the Raptor has two 1,000 JDAM’s that can be deployed. It can also carry up to eight smaller diameter bombs. Maintenance on the Raptor is paperless and has a predictive maintenance system to repair parts before they break. Weapons on Board The F-22 Raptor can be configured for either air combat or ground combat. Weapons carried for air combat: one 20mm M61A-2 six barrel rotary cannon and 480 rounds with ammunition feed system capable of 100 rounds per secondsix AIM-120C air-to-air missilestwo AIM-9 Sidewinder heat seeking missiles Ground combat weapon configuration: two 1,000 pound JDAM Joint Direct Attack Munitionstwo AIM-120C air-to-air missilestwo AIM-9T Sidewinder missiles Specifications Engines two Pratt Whitney F119-PW-100 engines with 35,000 pounds maximum thrust (similar engine as the F-35 Joint Strike Fighter)Range 1600 nautical miles using just internal fuelFuel carries 18,000 pounds of fuel and can be refueled while in flight. Wing mounted fuel tanks can be added to carry an additional 8,000 pounds of fuelLength 62.1 feetHeight 16.7 feetWingspan 44 feet 6 inchesCrew size oneWeight over 43,000 pounds empty and 83,500 pounds fully loadedMaximum speed Mach 2Ceiling over 50,000 feetApproximate cost $143 million each Deployed Units Squadrons of F-22’s are deployed at: three squadrons in Virginiathree squadrons in Alaskatwo squadrons in New MexicoF-22’s are also based in Hawaii and the Middle Easttraining, maintenance and tactical work are performed in Florida, Nevada and California

Management information and communications systems - MICS Essay

Management information and communications systems - MICS - Essay Example The rapidly advancing MICS has presented the organizations with immense benefits in terms of efficient data collection, processing of data to support managerial decision making, problem solving processes and enabling a highly collaborative work environment. Transformations in business processes and managerial strategies have been guided by the developments in MICS for enhanced productivity, performance and competitive advantage. However, the challenges exposed by such systems cannot be ignored since it requires in-depth understanding and effective policies to control the ill-effects of MICS. Organizations make use of various techniques like data mining and warehousing to analyse online user behaviour and accommodate strategic practices to achieve higher traffic to their websites. Personal information and vital data related to financial transactions are exposed to threats of misuse by fraudsters. Thus, privacy and data protection issues are some of the vital challenges to which indivi duals are exposed today and this is one of the primary factors guiding online user behaviour. Issues like online frauds, identity theft, information leakage, and hacking have become the buzzwords for Internet users. How vulnerable are we to such frauds and invasions on our personal spaces and what measures can we take to protect ourselves from such incidents? These are some of the vital questions that are faced by the Internet users. Organizations and institutions are grappling with the challenges of protecting customer data and ensuring ethical practices while dealing with sensitive personal information provided by users. The paper provides an in-depth assessment and analysis of these issues by highlighting key aspects of MICS and the ways in which information is handled in today’s world. The report identifies common practices adopted by online websites and organizations to tap into individual information easily available on the Internet and use it to promote its business go als and objectives. The ethical concerns raised by such practices has become the focal point of quite a lot of research studies and efforts are on to control the negative impacts of MICS through efficient practices and policies that guide online behaviour. MICS and privacy – an overview of current and traditional theories The global economy is deeply influenced by innovations and technology breakthroughs that have opened new opportunities and new models of operating in an increasingly complex environment. The complexities arising from globalization of economies and opening of markets to foreign trade and capital have created new possibilities for organizations, despite the fact that this has also presented new challenges and difficulties for managers in devising effective strategies for promoting business goals. Technology in such instances has proved itself a boon in assisting managers to pursue international marketing goals and objectives. Businesses are driven by profits a nd goals that constantly seek new markets and opportunities for growth. However, this is not an easy task given the wide diversities existing in global regions and markets. One of the popular means of exploring new markets and business growth potentials is the Internet that has provided the global managers with an innovative tool to assimilate vital data and statistics that aid in faster decision making and accurate problem solving mechanism. Organizations thus rely on information transfer and knowledge processing

Sociology Theory of Symbolic Interactionism Essay

Sociology Theory of Symbolic Interactionism - Essay Example For one, symbolic interactionists highly consider the importance of subjective meaning within any kind of human interaction or intercommunication. Evidently, the principles marked in symbolic interactionism generate implications particularly to the study of sociology. This paper briefly traces the history of the concept of symbolic interactionism. Further, it discusses the definition of symbolic interactionism given by Herbert Blumer. And finally, the paper examines the impacts of symbolic interactionism to three prominent strands or levels, namely, intrapersonal state, interpersonal process, and social institution. Of history The emergence of the term â€Å"symbolic interactionism† basically originates from Herbert Blumer of the University of Chicago; it was in the 1930s when Blumer coined such term and, from there, established the key concepts or principles attributed to present-day symbolic interactionism (Appelrouth & Edles, 2008). It is strange, though, that Blumer (1968) describes his coinage as â€Å"somewhat barbaric neologism† (p. 1). Of course, every new word -- neologism is derived from the Greek language which means â€Å"new word† -- is strange or foreign especially to people who are not accustomed or familiar to it. Nevertheless, the barbaric description is far from being scholarly. Perhaps Blumer chooses the signifier â€Å"barbaric† in describing his new sociological theory for the reason that such theory or concept emphasizes the subjectivity of persons with regard to certain symbols or meanings. In the process, the â€Å"barbaric† aspect of symbolic interactionism is rightly construed by the fact that such theory critically opposes the dominant thoughts (i.e., objectivity) marked in the early 20th century. On the other hand of the scale, Blumer (1968) highly considers George Herbert Mead to be the central figure who â€Å"laid the foundations of the symbolic interactionist approach† (p. 1). Like Blumer , Mead is associated to the University of Chicago. Mead is famous for his idea of symbols or meanings as shared by many people or minds. Especially in the realm of language, he argues that symbols and their meanings are constructed and reconstructed -- in essence, shared -- by interacting persons. Similar to other symbolic interactionists, Mead views the individual human self as a social construction in which it is â€Å"crafted through the linguistic exchanges† (as cited in Harter, 1999, p. 677). However, Blumer (1968) still holds that he is the one who developed or expounded the full version of such sociological theory in spite of Mead’s being the â€Å"founder† of symbolic interactionism (p. 1). Generally speaking, symbolic interactionism is historically traceable to the â€Å"Chicago School† of sociology (Burnier, 2005). Of theory Blumer (1968) categorically defines the concept of symbolic interactionism as a â€Å"distinctive approach to the study o f human group life and human conduct† (p. 1). In order to fully appreciate this definition, there are five key elements that need to be emphasized and discussed: (1) approach, (2) human, (3) group, (4) life, and (5) conduct. First, Blumer views the theory of symbolic interactionism as an approach in studying a particular phenomenon salient in human society. As an approach, there are several premises, ideas, or frameworks that constitute such an approach or methodology; and these premises or frameworks are the fundamental principles that make-up

Why I Want to Become a Teacher Essay Example for Free

Why I Want to Become a Teacher Essay Everyone has gotten to where they are in life because they had a teacher. By definition, a teacher is someone who gives instruction and communicates skills. The lives most impacted by teachers are those of our children. Teaching makes a difference in children, because it gives them tools to help them be successful in the future. Our children are our future, and they need to be prepared for the future in order to be successful in the working world. The future of our communities and even our nation lies in the hands of our children. The quality of men and women we develop will impact the future of this nation. Therefore, I see teaching as one of the best ways I can help create a greater tomorrow for our great nation. I know that teaching in the school setting will be challenging as well but I am up for it. Although the main commitment to my students will be to teach the school curriculum in a way to meet the required objectives, I would like to use of variety of strategies and be creative in my teaching plans. I hope to arouse the student’s curiosity and foster a desire to continue to learn. Another commitment that I think is equally important is to recognize each student as an individual. Although we will be teaching subjects we also teaching children. I want to understand their academic abilities, personalities, and who will be their main support in regards to school. I want to know what motivates them to do their best and what will hold them back. I believe that teaching is an essential and noble profession. Next to parents, teachers are the most important foundational element in our society. Everything important begins in childhood, especially knowledge, self-knowledge, resilience, and character. Proper preparation is fundamental to living a full, rewarding life. Without self-knowledge, children may follow wrong paths and end up far from their true callings; lost, sad, and unfulfilled. Without resilience, the storms and challenges of life can turn children from their highest path, leaving them far from who they might have been. Finally, character is the intangible force that raises society as a whole, minimizes shocks and collisions between people, and balances self-interest and social good. Ideally, all of this education starts in the home but often the parents themselves may be inadequately skilled in this  regard. School is a necessary complement to and supplement of this learning.

Elian Gonzalez Should Stay In The U.s. :: essays research papers

Dear Rosa Delauro,After reading many articles in the newspapers and magazines that all state, 6 year old Elian Gonzalez has been in the middle of an international tug-of-war since he was found on Thanksgiving Day. Clinging to an inner tube at sea for two days drifting after his family and him were trying to escape from Cuba for freedom. I have decided that it is the right thing for little Elian to stay in the United States. The phone rings: "Your 6-year old son has just been found in the ocean, shipwrecked, clinging to an inner tube. His mother drowned. He is now in Miami hospital." Do you respond? "I’ll be there as soon as I possibly can." or "Send him back to me. I demand it." Elian’s biological father Juan Gonzalez was asked again and again. Why he didn’t go to Miami to see his son. He didn’t answer the question all he demanded was that his son be returned to him, finally threatening the Miami relatives with whom Elian is staying with. Juan says his son is the subject of not only kidnapping but also child abuse. If your son was kidnapped and abused, and the U.S. attorney general publicly said you were able to come see him. Would you stay home? Well Juan Gonzalez is staying home. Why does he lack true affection for the his son? Is he one of those political simpletons so colored with Fidelism that he would rather let his abused son fail than give the slightest political advance to the U.S. to see him. Should Elian be trusted to such a man like his father? Juan lacks the abilities to provide even the basics for Elian. That is, food, security, justice, freedom and the right to be happy. I think that Elian’s father should not be trusted with his son because he can’t even come to the U.S. to see how his son is. If any man in there right mind were able to leave Cuba to come see their child they would drop ever thing for them. Elian shouldn’t be trusted with a man who demands his son be brought back to Cuba and can’t give him food, security, justice, freedom and the right to be happy. When Elian was asked if he wanted to be with his father he said "He cares for his father but he would like his father to be here with him.

Effective inroduction Essay

This essay will be assessing how this section forms an effective introduction to the play. Firstly Miller sets the scene. He begins with describing ‘the backyard of the Keller home, in the outskirts of an American town. ‘ (pg 3) Automatically from this we gather that the play is an American drama. Evidently if you had read previous playwrights by Miller or know his Nationality you would have all ready established the fact of an American play. If not then with-in the first line you are well informed. Next he states the particular time of year in which the play is set â€Å"august of our era† (pg 3) this suggests the weather would be â€Å"beautiful? Not a cloud† (pg 4). It also even goes into further detail informing you of the date and time â€Å"early Sunday morning† (pg 3) He then progresses into describing the house and garden here we can already begin to guess the state, and class of the family. â€Å"The house is two stories high, and has seven rooms† (pg 3. ) He then describes the arrangement of the garden. â€Å"Garden chairs and a table are scattered around† (pg 3) this is very affective as we can imagine a clear picture of where the main conversations and drama will take place. The atmosphere is very cheerful and friendly and suggests that the Keller’s are a popular family. This contrasts later on in the play, when we find out they dint always used to be a popular family due to Joe’s jail incident, and the fact that the neighbour thought he was a ‘murderer. ‘ Also the biggest contrast would be at the end of the play when the tension wouldn’t be calm anymore, instead it is full of resentment by Chris towards Joe, full of guilt on Joe’s behalf, and finally after Joe’s suicide the mood it is upsetting and dramatic. The characters are then introduced; Joe, Chris, and the neighbours. Joe’s character’s first impression is under educated. â€Å"To see what people want you know? † (pg 4/5), and from the stage directions at the beginning of act one: â€Å".. terrible concentration of the uneducated man†(page 3. ) also He asks Dr Bayliss if Frank is: â€Å"Talking sense†(pg 6) this suggests he don’t understand him, This shows us he doesn’t understand people’s ideas, and has a very narrow view of people’s jobs and lively-hoods â€Å"wanted old dictionaries†¦ what’s a man going to do with an old dictionary? † (pg 5) This links into him being very money motivated and materialistic. He cares about money a great deal and values everything by it’s monetary value: â€Å"You mean he’ll make a living out of that? â€Å"(pg 5.) Also we know Joe is very proud and takes good care of his business, this is proven when Miller sets the scene talks about the house â€Å"cost fifteen thousand in the early twenties when it was built† (introduction pg 2) this suggests the house is only about 28-30 years old, as it was built in the twenties, and this play was written around two years of WWII ending in 1945. Meaning Keller has bought this house, and is able to provide and support his family indicating he is a good at his job, and a wealthy business man this is backed up later in the book when he talks to Kate about how he was â€Å"put out† (pg 72) at ten and made to earn for a living. Overall Joe has come from a poorer background, and has managed to work himself up the social ladder. He is not just a serious business man, he is kind and friendly, popular with Bert a young boy he often plays detective games with. Chris is Joe’s son who is introduced on page 9. Together Joe and Chris have a conversation where Ann (Chris’s wife to be as we find out later on in the play) people describe her as a â€Å"beautiful girl† she is seen as mysterious, which draws in the audience. Also Kate (Joe’s wife and Chris’s mother) who is seen as optimistic and living in hope are referred to, however at the start of Act Three there is a contrast between Kate’s idealism and Jim’s practicality. â€Å"you’re so childish Jim† showing she thinks he nai ve and immature. This starts the build up of tension in Act Three. Miller describes Chris as a â€Å"man capable of immense affection and loyalty† (pg 9 stage directions) Before the character even speaks the audience already gets a feel that Chris is going to be the ‘good-guy’ in the play. The other characters introduced are Dr Jim Bayliss our first impression of Jim is that he cynical and realistic when talking to Keller about the rain he says he doesn’t believe in the papers â€Å"then it cant† (pg 4) Hr is critical and sarcastic of the weather. Jim is very against his son being a doctor â€Å"over my dead body† (pg 6) this shows he doesn’t enjoy his profession and we find out later that he had tried to follow his ambition helping humanity, but he couldn’t afford to provide for his family. â€Å"I would love to help humanity on a Warner Brother’s salary† (pg 7) Again another person who is realistic about money, already we get an impression that one of the themes of the play is money and materialism. This also parallels Joes actions, both men have had to compromise their occupation, and had to do things they regret to earn a living. However there is a huge contrast at the start of Act Three. Jim realizes moneys not everything â€Å"money. Money-money-money-money, you say it long enough it doesn’t’ mean anything† (pg 69) This is a sub-plot in the play. But could this need for money all be down to his wife sue? Sue comes in just as Jim talks about â€Å"not a damn thing to look at in the neighbour hood† (pg 7) an awkward moment to introduce a new character but miller purposely picked this so automatically we can get an idea of Sue and Jim’s uneasy relationship. Sue comes across as jealous â€Å"she enjoys it more when you tell her to lay down† (pg 7) implying one of her husbands clients fancies him. Her jealously is seen more stronger later on in the play when she speaks to Ann about trying to convince Chris in moving away, she can be quite harsh and nasty. She is very money obsessed. This is effectual.

Global Marketing Requires a Very Local Attention: a Lesson from Vodafone’s Loss of Japan Unit Essay

Case Summary: This case is talk about the company, Vodafone KK. This company has good performance in Europe, the Middle East, Africa, Asia Pacific, and their subsidiary is joint ventures with United States. What a famous global company! However, Vodafone was failed in Japan. For example, their products in Japan were being dull and services were got worse. Because their products were not catch on the fashion, so Japanese who is tech-savvy didn’t like, and couldn’t satisfy them. Vodafone was just cared about that wanted to become global brand. They didn’t create some new products to attract the customer. Eventually, they failed. There had two competitors, NTT DoCoMo and KDDT. Because of this, they dispatched Bill Morrow to manage its Japan operation and modified its marketing strategy. As the result, their operation in Japan had getting better. And they hoped they could catch up their two rivals. Discussion Questions: 1. Why a firm would such as Vodafone need to have a global marketing strategy even thought its product development, as well as the rest of its marketing strategy, needs to be localizes for tech-savvy consumers in Japan? I thought they want to let everyone knew their brand. So they decided to develop their reputation first. At least, the company’s name wasn’t a unknown company. When they expand to other country, they need to and have to realize the country culture, and find the best strategy to develop in that country. 2. What alternative strategy might Vodafone have used to set a strong market position in Japan from the very beginning? In the beginning, Vodafone focused on building a global brand and cutting costs by producing large numbers of handsets to sell throughout the world . 3. What implications can you draw from Vodafone’s loss of its Japan unit with regard to global firms’ tapping into the convergence among global consumers? Not the Vodafone which is global company had met this kind of problem. As long as global company, might confront with. When the company expanded and developed their reputation, they all ignored some small details.

Huge Improvements For Tasks On Calendar [New Features]

Huge Improvements For Tasks On Calendar [New Features] Today, we are rolling out some exciting  improvements to   that will  make  it even easier for you to manage your team and keep your content creation process organized. Heres a look at some of the improvements weve made to tasks and task templates in . Huge Improvements For s Tasks On Calendar   [New Features]Visually  Track Your   Progress As you create new tasks in , you will now see a small progress meter that will show you your progress on  that post. This meter will automatically adapt itself to the number of tasks youve created and will help you gauge your progress toward publish. When viewing the calendar, you will also see a summary of your progress at a glance. See  What Your Team Is Working On (On The Calendar) It has always been easy to assign and complete tasks in , but it hasnt always been easy to see what your team is working on. Now, your tasks and those assigned to your team members are visible on the calendar, so that you always have a birds-eye view of what you (and your team) are working on. This  should make balancing your workload a breeze. Easily Schedule Tasks For After Publish After many requests, weve made it possible  to schedule tasks for after the post is published. Simply tell how many days after publish that the task is due, and we will automatically schedule it for you. If you need to change or reschedule the task, you can do it with a simple drag and drop. Find Your Team  Faster Than Ever Finally, weve also made it easier to find your team members throughout . You can now spot them visually, or search for them quickly with our newly-built dropdown menu. This feature is especially useful for those of you with many team members. (Magically)  Assign Tasks To The  Post Author When using task templates, rather than making you choose an author manually every time, now its easy for you to assign a task to the post author dynamically. This little feature will shave countless minutes  off of your process each week. It may be small, but that also  makes it powerful. Managing your content workflow from is easier now than ever before. The coolest part of these updates is that most of the ideas came from you! We love hearing your feedback and incorporating your ideas into our product. We have a lot more to come. Thanks, as always, for using ! Youre awesome!

How Is the New SAT Scored

How Is the New SAT Scored SAT / ACT Prep Online Guides and Tips The scoring model on the new SAT differs significantly from the scoring model that was used on the old version of the test. It's important to be aware of these changes so that you can plan your studying and test-taking strategies accordingly. In this article, I'll go through all the scoring differences that have taken place for the new SAT and what they mean for you as a student. Main Scoring Differences The biggest change in the new SAT scoring structure is that it uses a 1600 point scale instead of a 2400 point scale.The Math section is still worth 800 points.The Reading and Writing sections together are called â€Å"Evidence-Based Reading and Writing† and account for the other 800 points.The essay is optional and scored separately from the multiple choice portions of the test (your essay scoredoesn't affectyour Evidence-Based Reading and Writing score). Another difference in the scoring methodology isthe elimination of point deductions for wrong answers.On the old SAT, you were docked a quarter of a point for every question you answered incorrectly.The SAT is now more like the ACT in that incorrect answers are treated the same as questions that were left blank (no points added or subtracted). There are alsofour answer choices for each question now rather than five. What Does This Mean for You? Since there’s no guessing penalty, you don’t have to worry about whether you should guess or leave a question blank on the test.Guessing is always the right choice! This doesn’t necessarily mean that it's easier to get a higher score since the test is curved to account for these changes. However, it does take some of the stress out of the testing process. The switch to a 1600 scale shouldn’t impact you unless you’re trying to compare your scores out of 2400 on the old SAT to scores on the new version.This may be a concern if you want to know how much you’ll need to improve to get a score on the new SAT that’s equivalent to your goal score on the old SAT. Here's a chart thatwill help you convert your current or older scores to their equivalent numbers on the new SAT. However, keep in mind that the latest scoring model gives more weight to Math score. On the old SAT, Math only made up one-third of your total score. On the new SAT, it makes up half. This could mean that students who are especially strong in Math will do better on the new SAT by 50 or so points. If you scored an 800 on Math and a 650 on both Reading and Writing on the old SAT, you would have a composite score of 2100. Assuming you continued to stay at the same level upon taking the new SAT, an 800 in Math and a 650 on the Evidence-Based Reading and Writing section would give you a 1450. This score is 50 points higher than the 1400 you would predict for yourself if you multiplied 2100 by two-thirds for a direct conversion to the new scale. Most colleges will accept scores from both the current SAT and the new SAT for at least a couple of years. The College Board will provide colleges with concordance tables to help them judge and compare scores across the two different tests. Also,score choiceis still an option, so you don’t have to worry about that changing with the updated test. Lock up your bad SAT score in a safe hidden behind a nondescript painting in your rich old uncle's mansion. No one will ever know about it unless he dies and you and your cousins have to spend a spooky night locked in his house (and his will stipulates that you have to disclose your deepest, darkest secrets to each other in order to get a piece of the inheritance). New SAT Subscores The new SAT also includes a complex scoring structure beyond the main section scores.There aretest scores for Math, Reading, and Writing, each on a scale of 10-40. Also, the new SAT hastwo special categories of questions, Analysis in History/Social Sciences and Analysis in Science.These are also scored on a scale of 10-40.These scores are called â€Å"cross-test scores† because each of the categories cover questions in all three sections of the test. Additionally, there areseven subscores, each on a scale of 1-15, for the following categories: Command of Evidence (Reading and Writing) Words in Context (Reading and Writing) Expression of Ideas (Writing) Standard English Conventions (Writing) Heart of Algebra (Math) Problem Solving and Data Analysis (Math) Passport to Advanced Math (Math) Here's a breakdown of the different subscores in this graphic taken from the Khan Academy website: This means that each question on the test fits into multiple subscore categories. Take, for example, this question from the Reading section of one of the new SAT practice tests: The graph following the passage offers evidence that gift-givers base their predictions of how much a gift will be appreciated on A) the appreciation level of the gift-recipients. B) the monetary value of the gift. C) their own desires for the gifts they purchase. D) their relationship with the gift-recipients. This question would naturally be included in the subscore for the Reading test.It would also be included in the Analysis in History/Social Sciences cross-test score: since it deals with the interpretation of a graph that contains data about a sociological phenomenon, it requires you to think analytically in a social sciences context. It would not be a part of the Command of Evidence or Words in Context Reading subscores because it doesn't ask you to provide evidence for your answer to a previous question or demonstrate your understanding of the meaning of a word in the passage. What a thoughtful gift! I definitely won't throw these away in the next trash can I happen to see! Want to learn more about the SAT but tired of reading blog articles? Then you'll love our free, SAT prep livestreams. Designed and led by PrepScholar SAT experts, these live video events are a great resource for students and parents looking to learn more about the SAT and SAT prep. Click on the button below to register for one of our livestreams today! What Does This Mean for You? The new subscores mean more information about your strengths and weaknesses on the test.These scores help highlight your specific strengths for colleges and also provide guidance on where you can improve your skills.College Board has partnered up with Khan Academy to offer afree prep program for the new SAT that personalizesyour prep plan based on your subscore distribution to help you focus on improving your specific weak areas. The subscores also point to new question types on the current SAT.Notice that â€Å"Command of Evidence† is a subscore category for Reading questions.Questions that ask you to cite evidence for your answers are now a major component of the Reading section.These questions ask which lines of the passage provide the best evidence for the answer to the previous question, pushing you to understand the reasoning behind your response.This can be a plus in that it might eliminate silly mistakes on some reading questions, but it also adds a challenging new layer of analysis. â€Å"Words in Context† is also a telling category; understanding vocabulary in context is now a bigger part of the Reading section.The elimination of sentence completion questionsmeans that there are more vocabulary in context questions.These focus less on obscure vocabulary and more on understanding nuances in the meanings of more commonly used words. The existence of â€Å"Problem Solving and Data Analysis†, along with the two cross-test analytical scores, means that there arequestions that ask you to interpret data and apply mathematical and logical reasoning to real-life scenarios. Essay Scores On the current SAT, the essay is optional, and its format has also been updated.Rather than asking you to write about your opinion on a general question, the essay prompt asks you to read a passage and analyze the argument that is presented.The College Board says that the new essay is â€Å"a lot like a typical college writing assignment in which you’re asked to analyze a text.† The essay is scored from 2-8 across three different dimensions: Reading, Analysis, and Writing.The essays are still read by two graders, but now each grader scores the essay on a scale of 1-4 in Reading, Analysis, and Writing. These scores are then added together for a score from 2-8 in each category. This means the maximum essay score is a 24, and the minimum is a 6. Here'sa rubric that explains exactly how these scores are determined.Essentially, the difference between an "advanced" essay and a merely "proficient" essay is the level of understanding of the source text that the student demonstrates. An advanced essay shows a thorough comprehension of how details in the text interrelate to support the author's argument. It goes beyond a basic summary of the author's points to give an insightful, focused analysis of the argument. You really should be able to use a magnifying glass on the essay. From what I've seen on Google images, analysis can't happen without one. What Does This Mean for You? The College Board has created a new essay format in which students must demonstrate analytical skills that are critical for success in college.On the new essay, you’re asked to explain how the author builds his or her argument in the passage and support your points with relevant evidence and details.Asking students to write an essay about another person’s argument is a better way of judging reading and writing skills than asking them to write an opinion piece. Whether or not you end up in a humanities discipline in college, you’ll probably write a research paper or at least analyze other people’s scientific or historical findings at some point.An ability to understand and synthesize key points in an argument made by someone else is crucial for intellectual discourse.The text for the prompt on the new SAT is always taken from a published work, so it is high quality, advanced material similar to what you might see in a college course. You now have 50 minutes to write the essay instead of 25, so you might not be as concerned about time pressure.Remember that you have the option of taking the SAT without the essay, which can eliminate a lot of stress from the testing process. However, many schools, especially the most selective ones, still require applicants to submit essay scores. Check the requirements for schools that interest you! Conclusion The SAT now has an updated scoring model to account for changes in question types and testing methodology.The main difference between the old scoring format and the current format isthe switch back to a 1600 point scale. You can no longer lose points for incorrect answers, and there are four answer choices for each question rather than five. The SAT has also addedsubscores that give you a more detailed picture of your strengths and weaknesses on the test along with a greater degree of personalized support and prep advice through a partnership with Khan Academy. The essay is optional. It also has a more complex scoring system that judges a student’s ability to read an advanced text effectively, analyze the author’s argument, and write coherently about the author's main points. There have been some major changes to the format the SAT, but if you start preparing now, you'll be ready to take on these new challenges in no time! What's Next? Now that you know how the new SAT is scored, you might be wondering if it's the best standardized test option for you. Read this article on whether you should take the new SAT or the ACT. Take a look at this article for some tips on how to study for the updated version of the SAT.You should also read our complete guide to the new SAT. Want to improve your SAT score by 160 points?We've written a guide about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now: Have friends who also need help with test prep? Share this article! Tweet Samantha Lindsay About the Author Samantha is a blog content writer for PrepScholar. Her goal is to help students adopt a less stressful view of standardized testing and other academic challenges through her articles. Samantha is also passionate about art and graduated with honors from Dartmouth College as a Studio Art major in 2014. In high school, she earned a 2400 on the SAT, 5's on all seven of her AP tests, and was named a National Merit Scholar. Get Free Guides to Boost Your SAT/ACT Get FREE EXCLUSIVE insider tips on how to ACE THE SAT/ACT. 100% Privacy. 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PEST analysis, (Political) in the UK Speech or Presentation

PEST analysis, (Political) in the UK - Speech or Presentation Example Individual making investment will be able to claim income tax reduction as an income tax relief. In the western world, the corporate tax rate in Britain is believed to become one of the lowest tax rates. Corporate tax rate has been dropping from 34% in 1990 to 24% in 2013 (Neville 2013). The introduction of new tax relief will lead to further reduction from 24% in 2013 to 21% in 2014. The second political factor is labour law. Currently the UK government have introduced regulations that will implement key changes to the obligations of redundancy collective consultation. This was approved in 6th April, 2014 and there would be publication of new Acas guidance for handling redundancy consultation (lorber & Novitz 2012). The third one is the environmental law. There have been implementations on environment regulations known as extended producer responsibility. These regulations are derived from European legislation and ensure that producers of particular products take full responsibility of reprocessing, recycling, and finance treatment of these items. The other political factor is trade restrictions which are inform of sanctions in the UK. The Sanction measures that have been applied include arms embargoes and several other trade control restrictions. Arms embargoes prohibit exportation of dual-use-items-goods and weaponry which have both military and civil use (Kenner 2011). The last political factor is technology. According to internet economy of UK, internet has allowed access to any information transforming life in UK. Technology use in UK has increase dramatically as evident in the use of smart phones. The rapid growth in tables, data â€Å"dongles†, and smart phone has enabled users to perform a lot of task both at home and in the office (Kenner 2011). The use of smart phone has doubled between 2008 and 2010 as shown