Corporate Social Responsibility Of A Fast Food Industry

The QSR (Quick Service Restaurants) or the Fast Food Industry, has been burgeoning in the past few decades with the emergence of global brands like McDonald s, Domino s, Wendy s, KFC, Subway, etc. The success of these brands can be attributed to the continuous differentiation strategy they follow to ensure their brand stands out from the remaining. The popularity of these restaurants is due to the quick service of quality fast-food and minimal table service, everything of which is customer-centric. Food is advance-cooked in bulk and is hot and ready to serve. In order to keep the business profitable and sustainable in the long run, maintaining a consistent quality of food and service is a critical determinant of making the business†¦show more content†¦HRM and the brands must take initiatives to build a long-term profitable relationship with the suppliers to ensure quality and timeliness of the supply. Starbucks [2] took the initiative in 2004 in Costa Rica with Farmer Support Centre, to implement C.A.F.E (Coffee and Farmer Equity). These initiatives helped in building relationships with the farmers in Costa Rica and helped Starbucks create value. KFC also released a sustainable packaging policy that restricts the use of any fibre[3] , which violates human rights and local international laws. From HRM perspective, it is essential to recruit managers who look beyond the obvious, since success in the present age is not related to just selling the products. With the ever-changing political scenario in various geographies worldwide, it is crucial for the brands to continually adapt to the changing environment. In 2014, McDonalds [4] closed 9 stores due to political tensions in Russia. Hence, achieving sustainability is possible only when HRM, Management and employees of a firm collaborate to create a unified synergy which helps them overcome the challenges across the world. The QSR industry has revolutionised with the impact of technology with the big players like Burger King and Subway launching Pilots of nationwide text-to-order programs, promoting orders through texts by rewarding the customers.Show MoreRelatedCorporate Social Responsibility And The Global Fast Food Industry1034 Words   |  5 PagesThis essay will be recording my efforts to research of my chosen academic topic. I have selected a source that has been written by Royle, T. (2005). Realism or idealism? Corporate social Responsibility and the employee stakeholder in the global fast-food industry. Business Ethics: A European Review,14(1 ), 42-55. To start with, this academic source was published in January 2005 by Blackwell Publishing Ltd. at Oxford, UK and Malden, USA. Which I have found has many areas of focus. I intendRead MoreAnalysis: Realism or idealism Corporate social responsibility and the employee stakeholder in the global fast-food industry987 Words   |  4 Pagesï » ¿ The article by Royle T., ‘Realism or idealism Corporate social responsibility and the employee stakeholder in the global fast-food industry’, published in 2005, is mainly focused on CSR (Corporate social responsibility). CSR has some earnest and ominous influences in nowadays businesses and corporations. The author is first persisting on the rights of employees and employers. Though almost all of the global companies in the world do not intend to care about CSR, the author’s perspective insistsRead MoreCorporate Social Responsibility And The Employee Stakeholder1083 Words   |  5 Pages‘Realism or idealism? Corporate social responsibility and the employee stakeholder in the global fast-foot industry’, written and published by Tony Rolye in January 2005, who is an expert in international and comparative employment relations. This article concentrates on how corporate social responsibility is now on the global agenda and how multinational corporati ons are being urged to address issues based on ‘Stakeholder democracy’ . Tony Royle mainly focuses on McDonalds and their distaste againstRead MoreAnalysing Mcdonalds (Fast Food Outlets) Using the Porters 5 Forces Model – Sometimes Called the Competitive Forces Model.1012 Words   |  5 Pagesmodel to asses its competitive position in the fast food industry. As the name suggests the Porters 5 Forces model focuses on 5 key factors affecting the environment in which a business operates. They are 1) Competitive rivalry 2) Power of suppliers 3) Power of buyers 4) Threat of substitute 5) Threat on new market entrants Each of these five areas can be looked with relation to McDonalds and there position in the fast food industry. Competitive Rivalry If entry into a marketRead MoreCorporate Social Responsibility And The Employee Stakeholder1160 Words   |  5 Pagesâ€Å"Realism or idealism? Corporate social responsibility and the employee stakeholder in the global fast-food industry† is an academic article written by Tony Royle and published in January 2005 by Blackwell Publishing Ltd. Royle is an internationally recognized professor of International and Comparative Employment Relations with expertise in the area of low-paid service sector employment in multinational corporations (www.bradford.ac.uk). The publisher is a trusted global provider of content-enabledRead MoreCorporate Culture Of Mcdonald s A Global Fast Food Giant1622 Words   |  7 Pagesbelow. 4.1 Global Corporate Giant McDonald’s is a global fast food giant with presence in numerous countries for a long period (Gasparro and Jargon, 2011). The corporation has evolved over years to offer fast food services first in America then to the rest of the world. As a result, the corporation has a global orientation regarding its culture due to the aspect of operating in many countries (Trompenaars and Hampden-Turner, 2012). It is an established fact that the corporate culture of McDonald’sRead MoreMcEthics in Europe and Asia: should McDonald’s extend its response to ethical criticism in Europe?907 Words   |  4 Pages Business Ethics Minor Financial Markets Case 1 McEthics in Europe and Asia: should McDonald’s extend its response to ethical criticism in Europe? Introduction The â€Å"McEthics† case describes how Mc Donald’s, the fast food industry’s market leader, faces charges concerning growing health problems in Europe and Asia. 1) Set out the main criticisms that have been leveled at Mc Donald’s in Europe. To what extent are these criticisms likely to be replicated in Asia? WhatRead MoreInternal And External Factors Affecting Mcdonalds1468 Words   |  6 PagesII (A). INTERNAL AND EXTERNAL FACTORS AFFECTING MCDONALDS Due to globalization and increased competition in the fast food industry, a very complex environment is created for McDonald’s. There are various internal and external environmental factors affecting the functions of McDonald’s corporation and demands for new innovations. The factors are as follows: Internal Factors: Internal factors are the factors within the company, which affects the success and operation of business. The company canRead MoreYum : The Worlds Largest Fast Food Company1229 Words   |  5 PagesYUM operates over 39,000 fast food locations under their 3 main brands: KFC, Pizza Hut, and Taco Bell. YUM has grown to be the world’s largest fast food company, based on the number of operating locations (Interfax, 2013). YUM maintains a competitive brand by strategically looking for opportunities outside of the US. YUM has continued to grow globally, with over 50% of its income coming from outside of the US (Company, n.d.). In 2015, YUM opened 2,365 new restaurants around the world and this yearRead MoreCorporate Responsibility Stakeholder Perspective Essay1236 Words   |  5 PagesCorporate Responsibility (2) Stakeholder perspective Obesity and fast food Use the stakeholder analysis to look at the impact of fast food (eg MacDonald’s) on each stakeholder group. Should the sale/marketing of fast food be regulated/ restricted? If so why? If not, why not? Childhood obesity has been labeled one of the most serious public health issues if the 21st century. 42 million of the children under five years old are overweight all over the world, in

The Recounting Of Kristallnacht, By Susan Warsinger

propaganda to see individuals like this as lazy or as a problem to Aryan society, especially since they are depicted as rather frightening with their demands. This leads into stage number six, where social division becomes even more solidified. Stage number six is Polarization. According to Stanton, this is where â€Å"Extremists drive the groups apart. Hate groups broadcast polarizing propaganda. Laws may forbid intermarriage or social interaction. Extremist terrorism targets moderates, intimidating and silencing the center.† In this stage segregation can really be seen taking place. Signs such as â€Å"Jews not Welcome here† were placed in shop windows and outside businesses. Another clear example of this is the event of Kristallnacht,†¦show more content†¦And according to Susan, the Rabi’s family had the exact same impression, as they found them up there already when they arrived. The people that live on the third floor will shortly become relevant as Susan recalls their pacifism towards the onslaught of violence against her family, and other Jewish residents that were living in her same building. She continues, And our apartment was, not ransacked too badly, but a lot of our furniture was broken and a lot of things were missing. But it... you could still live in it. However the rabbi s apartment, when they people had rushed up there during my mother... the eve of my mother’s birthday, they burned all of his books. He had this beautiful library and they got torn and burned and his furniture was really destroyed. And the people who were on the third floor, they pretended they didn t know anything was happening. After the Night of the Broken Glass everybody in Germany wanted to leave. I mean I think maybe that was the objective of the Nazis, to try and get everybody out. This is a clear example of the growing pacifism of those who were not Jewish and how they chose to react, or not, to such acts. While it may come off as a cold shoulder, the important realization of this situation was fear. Those on the third floor, as many others did, pretended that nothing was awry during the ransacking of their Jewish neighbor’s apartments and homes. Propaganda, up to thisShow MoreRelatedTranslated Into English Means : The Poisonous Mushroom1893 Words   |  8 PagesIn this stage segregation can really be seen taking place. Signs such as â€Å"Jews not Welcome here† were placed in shop windows and outside businesses. Another clear example of this is the event of Kristallnacht, translated as â€Å"Night of Broken Glass.† In the recounting of Kristallnacht by Susan Warsinger, she tells her account of what happened to her and her family that night in November of 1938. In an interview conducted by the United States Holocaust Memorial Museum, she recounts, What s happening

Huáscar and Atahualpa Inca Civil War

From 1527 to 1532, brothers Huà ¡scar and Atahualpa fought over the Inca Empire. Their father, Inca Huayna Capac, had allowed each to rule a part of the Empire as regent during his reign: Huà ¡scar in Cuzco and Atahualpa in Quito. When Huayna Capac and his heir apparent, Ninan Cuyuchi, died in 1527 (some sources say as early as 1525), Atahualpa and Huà ¡scar went to war over who would succeed their father. What neither man knew was that a far greater threat to the Empire was approaching: ruthless Spanish conquistadors led by Francisco Pizarro. Background of the Inca Civil War In the Inca Empire, the word Inca meant King, as opposed to words like Aztec which referred to a people or culture. Still, Inca is often used as a general term to refer to the ethnic group who lived in the Andes and residents of the Inca Empire in particular. The Inca Emperors were considered to be divine, directly descended from the Sun. Their warlike culture had spread out from the Lake Titicaca area quickly, conquering one tribe and ethnic group after another to build a mighty Empire that spanned from Chile to southern Colombia and included vast swaths of present-day Peru, Ecuador, and Bolivia. Because the Royal Inca line was supposedly directly descended from the sun, it was unseemly for the Inca Emperors to marry anyone but their own sisters. Numerous concubines, however, were allowed and the royal Incas tended to have many sons. In terms of succession, any son of an Inca Emperor would do: he did not have to be born to an Inca and his sister, nor did he have to be eldest. Often, brutal civil wars would break out upon the death of an Emperor as his sons fought for his throne: this produced much chaos but did result in a long line of strong, fierce, ruthless Inca lords that made the Empire strong and formidable. This is exactly what happened in 1527. With the powerful Huayna Capac gone, Atahualpa and Huà ¡scar apparently tried to rule jointly for a time but were unable to do so and hostilities soon broke out. The War of the Brothers Huà ¡scar ruled Cuzco, capital of the Inca Empire. He, therefore, commanded the loyalty of most of the people. Atahualpa, however, had the loyalty of the large Inca professional army and three outstanding generals: Chalcuchima, Quisquis, and Rumià ±ahui. The large army had been in the north near Quito subjugating smaller tribes into the Empire when the war broke out. At first, Huà ¡scar made an attempt at capturing Quito, but the mighty army under Quisquis pushed him back. Atahualpa sent Chalcuchima and Quisquis after Cuzco and left Rumià ±ahui in Quito. The Caà ±ari people, who inhabited the region of modern-day Cuenca to the south of Quito, allied with Huà ¡scar. As Atahualpas forces moved south, they punished the Caà ±ari severely, devastating their lands and massacring many of the people. This act of vengeance would come back to haunt the Inca people later, as the Caà ±ari would ally with conquistador Sebastià ¡n de Benalcà ¡zar when he marched on Quito. In a desperate battle outside of Cuzco, Quisquis routed Huà ¡scars forces sometime in 1532 and captured Huà ¡scar. Atahualpa, delighted, moved south to take possession of his Empire. Death of Huà ¡scar In November of 1532, Atahualpa was in the city of Cajamarca celebrating his victory over Huà ¡scar when a group of 170 bedraggled foreigners arrived at the city: Spanish conquistadors under Francisco Pizarro. Atahualpa agreed to meet with the Spanish but his men were ambushed in the Cajamarca town square and Atahualpa was captured. This was the beginning of the end of the Inca Empire: with the Emperor in their power, no one dared attack the Spanish. Atahualpa soon realized that the Spanish wanted gold and silver and arranged for a kingly ransom to be paid. Meanwhile, he was allowed to run his Empire from captivity. One of his first orders was the execution of Huà ¡scar, who was butchered by his captors at Andamarca, not far from Cajamarca. He ordered the execution when he was told by the Spanish that they wanted to see Huà ¡scar. Fearing that his brother would make some sort of deal with the Spanish, Atahualpa ordered his death. Meanwhile, in Cuzco, Quisquis was executing all of the members of Huà ¡scars family and any nobles who had supported him. Death of Atahualpa Atahualpa had promised  to fill a large room half full with gold and twice over with silver  in order to secure his release, and in late 1532, messengers spread out to the far corners of the Empire to  order his subjects to send gold and silver.  As precious works of art poured into  Cajamarca, they were melted down and sent to Spain. In July of 1533, Pizarro and his men began hearing rumors that the mighty army of Rumià ±ahui, still back in Quito, had mobilized and was approaching with the goal of liberating Atahualpa. They panicked and executed Atahualpa on July 26, accusing him of treachery. The rumors later proved to be false: Rumià ±ahui was still in Quito. Legacy of the Civil War There is no doubt that the civil war was one of the most crucial factors of the Spanish conquest of the Andes. The Inca Empire was a mighty one, featuring powerful armies, skilled generals, a strong economy and hard-working population. Had Huayna Capac still been in charge, the Spanish would have had a tough time of it. As it was, the Spanish were able to skillfully use the conflict to their advantage. After the death of Atahualpa, the Spanish were able to claim the title of avengers of ill-fated Huà ¡scar and march into Cuzco as liberators. The Empire had been sharply divided during the war, and by allying themselves to Huà ¡scars faction the Spanish were able to walk into Cuzco and loot whatever had been left behind after Atahualpas ransom had been paid. General Quisquis eventually saw the danger posed by the Spanish and rebelled, but his revolt was put down. Rumià ±ahui bravely defended the north, fighting the invaders every step of the way, but superior Spanish military technology and tactics, along with allies including the Caà ±ari, doomed the resistance from the start. Even years after their deaths, the Spanish were using the Atahualpa-Huà ¡scar civil war to their advantage. After the conquest of the Inca, many people back in Spain began wondering what Atahualpa had done to deserve being kidnapped and murdered by the Spanish, and why Pizarro had invaded Peru in the first place. Fortunately for the Spanish, Huà ¡scar had been the elder of the brothers, which allowed the Spanish (who practiced primogeniture) to assert that Atahualpa had usurped his brothers throne and was therefore fair game for Spanish who only wanted to set things right and avenge poor Huà ¡scar, who no Spaniard ever met. This smear campaign against Atahualpa was led by pro-conquest Spanish writers such as Pedro Sarmiento de Gamboa. The rivalry between Atahualpa and Huà ¡scar survives to this day. Ask anyone from Quito about it and theyll tell you that Atahualpa was the legitimate one and Huà ¡scar the usurper: they tell the story vice versa in Cuzco. In Peru, in the nineteenth century, they christened a mighty new warship Huà ¡scar, whereas in Quito you can take in a  fà ºtbol  game at the national stadium: Estadio Olà ­mpico Atahualpa. Sources Hemming, John.  The Conquest of the Inca  London: Pan Books, 2004 (original 1970).Herring, Hubert.  A History of Latin America From the Beginnings to the Present.  New York: Alfred A. Knopf, 1962.

Beliefs, Morals, and Values - 1053 Words

When I think of beliefs, they define who people are individually as person by the choices we live by daily by believing in or not believing in something. Why do we believe what we believe? These beliefs are etched in our minds in childhood by the motivation family, church, and other organizations that can essentially be changed through the course of our lifetime by our own thoughts and interpretations. Values are the taking of those beliefs we hold true inside, by exhibiting traits in how we conduct ourselves personally and professionally. It is of greater concern of what is the most important to you whether it is honesty, good will, trust, and so forth to contribute to achieving goals, leading others and tweak those values that are more†¦show more content†¦Since no one person is truly perfect, it does boils down to choices and reactions to a variety of situations. This would lead me to introduce Sigmund Freud who happens to be the most debatable theorists that set a foundation of the human mind and how the personality can be split into several sections to a better understanding of the motivation of behavior and essentially lead to more study and discovery by initiating new ideas and other theories. Beliefs, values, and morals are incorporated and established in early childhood and adversely affects how they function in adult hood by conscious and unconscious thoughts and actions. I found a journal that analyzes Freud’s theories and in parental rearing Muris states from a referenced source that there are two important dimensions in parenting behaviors, â€Å"The first dimension is parental care and has two opposite poles: an accepting and warm rearing style on one side and a rejecting and cold rearing attitude on the other side. The second dimension is concerned with parental control and actually opposes an autonomy-promoting and an overprotective rearing style to each other (Rappe, 1997). This supports the idea that Freud’s studies of behavior are learned by the upbringing of children and can address the idea that the choices an individual makes are from the premises of those experiences in childhood that carry with them throughout their lifetime. References: Locke, John. (1996). In Philosophy ofShow MoreRelatedBeliefs, Morals and Values Application Essay1554 Words   |  7 Pages#Beliefs, Morals and Values, # Beliefs, Morals and Values Application According to Webster’s II New College Dictionary a belief is the mental act, condition, or habit of placing trust or confidence in a person or thing and mental acceptance of or conviction in the truth or actuality of something (1995). A belief consists of anything believed by conviction or faith; a belief can be something accepted as true (Weber, 2002). Beliefs are convictions; trust or confidence placed in a person orRead MoreEthics : The Inner Guiding Moral Principles, Values, And Beliefs790 Words   |  4 PagesEthics are defined as â€Å"the inner guiding moral principles, values, and beliefs use to analyze or interpret a situation and then decide what is the right or appropriate way to behave† . In other words, ethics represent the way people should act. When a person behaves ethnically, they follow rules of conduct that respects the rights of a particular group or individual, distinguishing between right and wrong. In regards to business, ethics has a say in the decisions managers make since these decisionRead MoreAustralia Is A Country With Cultural And Ethnic Diversity Essay1459 Words   |  6 Pagesin this country have right to express and share their individual culture, religious belief and values. In this diverse environment, there are several of reasons why nurses can refuse to participate in procedures, which are against as well as unacceptable in their own religious, moral, ethical beliefs and value as a health care professional. However, there should be a fine line between those religious, moral belief and the individual’s personal convenience and preference. This essay will discuss onRead MoreCultural Relativism Essay1475 Words   |  6 PagesMoral principles being determined by each culture can be described as co nventional ethical relativism. Every culture is entitled to have their own moral laws, beliefs and values, and these will differ from culture to culture. What is moral in one culture could be considered immoral in another, which is something that we must accept. With subjectivism, every individual is given the ability to determine their own morals, which often lead to chaotic consequences. Ethnocentric, involves elevating otherRead MoreThe Error Theory : Are Perceived Moral Truths Just Social Standards?1553 Words   |  7 PagesPerceived Moral Truths Just Social Standards? The question of the validity of moral truths, whether subjective or objective, has existed for centuries: did humanity generate the idea of moral truths or simply discover it? It is certainly comforting, if not convenient, to live in a society that believes in a system of absolute moral principles. Particularly when this moral system provides the basis for the creation of laws and standards that offer members of the society a sense of security. Moral nihilistsRead MoreCultural Relativism And Morals And Codes883 Words   |  4 Pagescultures have different moral codes and values, therefore culture is subjective and arbitrary. When given a closer look at cultural relativism we come to the conclusion that it is not as plausible as it first appears and that certain moral values are needed in creating a sustainable and thriving society (57).In This paper I will begin with a short analyst briefly stating the beliefs of a cultural relativist, explaining their values and examining their vie ws on cultural morals and codes. Then movingRead MoreThe Dangers Of The Moral Relativism Concept1322 Words   |  6 PagesDangers of the Moral Relativism Concept By Gregory Baker | Submitted On January 20, 2011 Recommend Article Article Comments Print Article Share this article on Facebook 1 Share this article on Twitter Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest Expert Author Gregory Baker Ethical subjectivism and cultural moral relativism areRead MoreAyer s Philosophical View : Emotivism Vs. Subjectivism1026 Words   |  5 Pagesis the idea that ethics are reduced to the psychological state of the individual. Thus it is the act of reporting one’s own thoughts on a subject without expressing ones feelings like Emotivism. This means that moral claims in Subjectivism allow for truth and falsity as well as moral belief and knowledge. The difference between Emotivism and Subjectivism is that in Subjectivism each person is stating their own personal feelings in regards to a situation; therefore there is nothing to argueRead MoreCriticism Of Cultural Relativism1216 Words   |  5 PagesCultural relativism is the theory where there is no objective truth in morality, and moral truths are determined by different cultures. The primary argument used to justify cultural relativism is the cultural differences argument, which claims different cultures have different moral practices and beliefs, therefore, there is no objective truth in morality (Newton). After reading James Rachels The Challenge of Cultural Relativism, I find his criticisms to be persuasive because the argument made forRead MoreThe Moral Value Of Moral Values1001 Words   |  5 PagesThe claim that moral values cannot be derived from facts is grounded in the idea that facts are descriptive and informative, whereas value propositions are prescripti ve and imply that we ought to carry out certain action or act in a particular way. In essence, while facts give us information about the world itself, values tell us how we should act. It is accepted that facts are cognitive and are therefore know to be true or false. However, non-cognitivists support the idea that moral truths cannot

1,500-Horsepower Fmbt to Replace T-72 Tanks Beyond 2020 Free Essays

1,500-Horsepower FMBT to Replace T-72 Tanks Beyond 2020. The Defence Research and Development Organisation (DRDO) is working on India’s future main battle tank (FMBT) with a 1,500-horsepower (HP) indigenous engine. This tank will replace beyond 2020 the imported T-72 tanks, renamed Ajeya, with the Army. We will write a custom essay sample on 1,500-Horsepower Fmbt to Replace T-72 Tanks Beyond 2020 or any similar topic only for you Order Now Various specifications for the FMBT have been finalised. â€Å"For engine development, we have formed a national team comprising members from the academia, the user, industry and the DRDO. We have also gone in for an international consultant,† said S. Sundaresh, Chief Controller (Armaments and Combat Engineering), DRDO.The first prototype of the indigenous engine would be ready in four to five years. The DRDO is launching a project to develop the transmission for the tank; the indigenous engine and transmission will together be called Bharat Power Pack and it will meet the FMBT’s mobility requirements. â€Å"We are confident that we will be ready with the FMBT prototype in five to seven years,† Mr. Sundaresh said. â€Å"We are trying to involve all the stakeholders — the user [the Army], quality control personnel and the production agency — in this project and the industry will be our partner.We will go for a modular design so that we can always upgrade the tank when new technology comes in. † The FMBT will weigh only 50 tonnes compared to Arjun-Mark II’s 62 tonnes. The DRDO is simultaneously working on Arjun-Mark II. The volume occupied by the electronics package in the FMBT will be less. The FMBT’s engine will be two-thirds the size of Arjun-Mark I’s, but will generate 1,500 HP compared to Arjun-Mark I’s 1,400 HP. Improved technologies-Improvements in material, fuel injection and filtration technologies will contribute to the reduction in the engine size without compromising on power.The immediate task for the CVRDE [Combat Vehicles Research and Development Establishment] is to develop the Arjun-Mk II tank and demonstrate it to the user and go for the production of 124 numbers in the HVF (Heavy Vehicles Factory],† Mr. Sundaresh said. The CVRDE and the HVF are situated in Avadi, near Chennai. The Arjun-Mk II tank will have a number of upgrades compared with Arjun-Mk I. Missiles can be fired from the former to destroy long-range targets and bring down attack helicopters. The tank’s commander will have a panoramic sight with night vision. With this upgrade, the commander can carry out his hunting job at night with his thermal sight and engage targets more effectively,† Mr. Sundaresh explained. Another upgrade will see the introduction of an explosive reactive armour panel which will comprise explosives in metallic brick form. These bricks will be mounted not only on the front slope of Arjun-Mk-II tank, but all round it as well. When the enemy ammunition hits these bricks, they will explode and retard the energy of the projectile, which then cannot penetrate the tank’s armour. The penalty for using these bricks is that they will add 1. 5 tonnes to the tank’s weight. But we can prevent top attack and side attack. We can add to the tank’s protection from missiles and rocket-propelled grenades,† the DRDO Chief Controller said. Automatic target tracking -The fourth upgrade is that Arjun Mk-II will have an automatic target tracking system which will add to the accuracy when firing on a moving target. P. Sivakumar, CVRDE Director, said Arjun-Mk-II would have a total of 93 upgrades, including the advanced air defence gun system for firing at attack helicopters.The Army had placed an indent for production of 124 Arjun-Mk II tanks. In phase I, 45 tanks will roll out with 56 upgrades, including the missile firing capability and the commander’s panoramic sight with night vision. In phase II, the remaining 79 tanks, with all the 93 improvements, will come off the assembly line. â€Å"By 2013-14, the first batch of around 30 tanks will go out,† Dr. Sivakumar said. According to Mr. Sundaresh, these 124 Arjun-Mk II tanks would cost Rs. 5,000 crores. Source: The Hindu, 04 Nov 2010 How to cite 1,500-Horsepower Fmbt to Replace T-72 Tanks Beyond 2020, Papers

Case Study on Wesfarmers Limited-Free-Samples-Myassignmenthelp.com

Question: Discuss about the Case Study on Wesfarmers Limited. Answer: Business context and background Industry Wesfarmers Limited belongs to the conglomerate industry and traded as Australian Stock Exchange (Wesfarmers.com.au, 2017). Location Wesfarmers Limited operates in countries such as Australia, Bangladesh, New Zealand as well as United Kingdom and Ireland (Wesfarmers.com.au, 2017). Size of the business Wesfarmers Limited deals in large-scale business and divided into main segments. In that, retail segments takes into account four divisions such as Coles, home improvement as well as office supplies and Target. The other segment includes industrial business that had been divided into five divisions such as Resources, Insurance, and Chemicals as well as Industrial Safety (Wheelen Hunger, 2017) Market conditions Open 40.43 High 40.80 Low 40.41 Bid 40.60 Offer 40.75 Previous Close 40.48 Wesfarmers Limited closed at 40.71 where 3.01% above its 52-week low of 39.52 that is set on 8th of June 2017. Customer segments Wesfarmers Limited has strong economic, social as well as environmental performance within a sound governance framework for providing value to shareholders, employees, customers, suppliers as well as community partners. The company is one of the reputed companies that aim at meeting the needs of the customers through best quality, convenience and service of products. The company provides a safe as well as secure work environment for customers, stakeholders and employees (Rothaermel, 2015). Demand conditions Wesfarmers Limited struggles with tough retail conditions over the past five years. It is noted that there are weak economic growth as well as volatile consumer segment because of unstable financial markets that result in a tense time especially for the operators (Wesfarmers.com.au, 2017). It is all about the household ratio that remained high for specified period that reveals that consumers continued to be cautious without spending. It mainly contributed towards fall in the retail demand especially for photographic equipment, recorded music, stationary goods as well as video games and newspapers (Peteraf, Gamble Thompson Jr, 2014). Competitors Wesfarmers Limited faces stiff competition from Woolworths Limited, Metcash Limited and Caltex Australia Limited. Directors of the company Directors Position Michael Chaney Non-Executive Chairman Richard Goyder Managing Director Terry Bowen Finance Director Paul Bassat Non-Executive Director James Graham Non-Executive Director Tony Howarth Non-Executive Director Wayne Osborn Non-Executive Director Comprehensive description of the business Wesfarmers Limited is one of Australian company that is composed of six main business divisions (Wesfarmers.com.au, 2017). In the given case study, it is a known fact that determining the competitive strategy for the company leads to attainment of success with designed as well as implemented alternative solutions. The analysis include the strategic management as well as understanding the ability of the company for providing quality services through use of knowledge management and other enhancing approach (Peppard Ward, 2016). SWOT analysis SWOT analysis of Wesfarmers Limited Strengths Weakness Wesfarmers Limited established in the year 1914 that indicate brand legacy (Wesfarmers.com.au, 2017) Wesfarmers Limited focus mainly on community development initiatives (Wesfarmers.com.au, 2017) Wesfarmers Limited delivers convenience as well as customer service (Morschett, Schramm-Klein Zentes, 2015) Wesfarmers Limited has access to large number of stores, strong workforce with more than 2,00,000 and has in-store staff members (Wesfarmers.com.au, 2017) Wesfarmers Limited provides special offers as well as discounts for attracting customers (Wesfarmers.com.au, 2017) Wesfarmers Limited engages in sales through use of online formats Wesfarmers Limited has wide variety of price points (Wesfarmers.com.au, 2017) Despite of being a market leader, Wesfarmers Limited always had been under scrutiny for any of decisions taken for given period of time (Wesfarmers.com.au, 2017) Wesfarmers Limited has low geographical presence (Wesfarmers.com.au, 2017) Opportunities Threats Wesfarmers Limited expand outside Australia Wesfarmers Limited enhances quality, experience as well as service benchmark that is across the stores (Hill, Jones Schilling, 2014) Wesfarmers Limited expects employee as well as customer loyalty in and across business activities (Wesfarmers.com.au, 2017) Wesfarmers Limited faces huge threat from the competitors (Wesfarmers.com.au, 2017) Due to economic downturn, the company had faced plummeted consumer confidence as well as lower demand at the same time (Wesfarmers.com.au, 2017). As far as competitor is concerned, they offer specialized products as well as services at equitable price levels (Wesfarmers.com.au, 2017) PEST analysis Political factors- Political factor is one of the important factors that need to be known for the company named as Wesfarmers Limited (Wesfarmers.com.au, 2017). The central government of Australia aims at establishing a legislative framework for mining environment. As far as mining companies, they need approval from the state government. For the company, coal mining had been one of the essential division and apartment in different states where it deals with mine management in the most appropriate way (Hill Jones, 2013). Economical factors- Economical factor is one of the important factors that need to be known for the company known as Wesfarmers Limited (Wesfarmers.com.au, 2017). The service sector in Australia considers to be the most essential as well as fastest growing sector that occupies with 71.1% of GDP of Australian population. The highest value service that is present in the industry includes finance as well as insurance that accounts for 8% of GDP. As far as insurance department is concerned, there had been large potential market as well as favorable conditions at the same time (Goetsch Davis, 2014). Social factors- Social factor is one of the important factors that need to be known for the company known as Wesfarmers Limited. Most of the families that live in Australia show interest to purchase necessities once per week. In that way, they show interest in one-stop shopping. It is for this reason becomes beneficial for the company such as Wesfarmers Limited for managing its home improvement, supermarkets and department stores (Eden Ackermann, 2013). Technological factors- Technological factor is one of the important factors that need to be known for the company known as Wesfarmers Limited (Wesfarmers.com.au, 2017). It is known that Australia is considered to be leading in the mining industry. It is because of the reason as it combines most advanced technology, products, equipment as well as services that create the highest production efficiency in and across the world. The company aims at promoting safe processing, mineral processing, new technology and environmental protection. The company operates in diverse business that mainly include coal mining, industrial as well as chemicals and fertilizers as it is essential guarantee for enterprise development (Bettis et al., 2014). Analytical techniques to derive and justify their evaluation Wesfarmers Limited is one of the Australian companies with a market capitalization of more than $48 billion (Wesfarmers.com.au, 2017). Based on the size and presence of Wesfarmers Limited in the Australian market, the company had properly formed the bedrock for most of the investors portfolio. The share chart that is elaborated above indicates a mediocre share price performance over the past decade and it takes into account two points to remember (Bettis et al., 2016). Figure: Share Price Chart of Wesfarmers Limited (Source: Wesfarmers.com.au, 2017) The above chart actually ignores the dividend payments of the company that had been substantial as well as purchasing at the right had been rewarded as shrewd investors (Barney, 2014). There are various reasons present that advices to hold the share of Wesfarmers Limited and some of these are as follows: Dividends- The share that is forecasted by the company equals to 4.7% fully franked that is quite reliable (Wesfarmers.com.au, 2017). Brand power- The kind of brand power Wesfarmers Limited carries is defensive revenue streams as well as multiple ways for expand in the near future. It is because of the reason why Wesfarmers Limited had other brand names such as Bunnings, Officeworks, Target, Coles. Wesfarmers Limited is one of the premier companies in and across Australia. After looking at the price of share, it is quite expensive. It is for this reason that it deserves to be in the hold rating (Wesfarmers.com.au, 2017). Summary of key points It is necessary for the management of Wesfarmers Limited for using strategic approach to management (Wesfarmers.com.au, 2017). By using this, the principal benefit of strategic management will help the company for formulating better strategies by use of logical, rational as well as systematic approach to strategic choice in the most appropriate way. On analysis, it is summarized that potential benefits of strategic management for the company is to make sure that the business should follow only one direction that is towards achievement of business objectives, success and mission at the same time. In addition, strategic management proves to be one of the important way that ensure attainment of success for the company and adapting to changes in its environment when the business enterprise remains competitive in the upcoming financial year (Wesfarmers.com.au, 2017). At the end of the study, it is concluded that Wesfarmers Limited had been able to position itself in Western Australia market condition. The company needs to be competitively advantageous where management of the company should focus on factors as it affects the overall performance of the company. Change is important at the time of implementing strategies as it adjust to the needs of the marketplace. Reference List Barney, J. B. (2014).Gaining and sustaining competitive advantage. Pearson Higher Ed. Bettis, R. A., Ethiraj, S., Gambardella, A., Helfat, C., Mitchell, W. (2016). Creating repeatable cumulative knowledge in strategic management.Strategic Management Journal,37(2), 257-261. Bettis, R., Gambardella, A., Helfat, C., Mitchell, W. (2014). Quantitative empirical analysis in strategic management.Strategic Management Journal,35(7), 949-953. Eden, C., Ackermann, F. (2013).Making strategy: The journey of strategic management. Sage. Goetsch, D. L., Davis, S. B. (2014).Quality management for organizational excellence. Upper Saddle River, NJ: pearson. Hill, C. W., Jones, G. R. (2013).Strategic management theory. South-Western/Cengage Learning. Hill, C. W., Jones, G. R., Schilling, M. A. (2014).Strategic management: theory: an integrated approach. Cengage Learning. Morschett, D., Schramm-Klein, H., Zentes, J. (2015).Strategic international management. Springer. Peppard, J., Ward, J. (2016).The strategic management of information systems: Building a digital strategy. John Wiley Sons. Peteraf, M., Gamble, J., Thompson Jr, A. (2014).Essentials of strategic management: The quest for competitive advantage. McGraw-Hill Education. Rothaermel, F. T. (2015).Strategic management. McGraw-Hill Education. Wesfarmers.com.au. (2017).Wesfarmers.com.au. Retrieved 4 August 2017, from https://www.wesfarmers.com.au Wheelen, T. L., Hunger, J. D. (2017).Strategic management and business policy. pearson.

The Australian Defiance Apparel is a leader in the development

Question: Discuss about the Australian Defiance Apparel is a leader in the Development ? Answer: Introducation The Australian Defence Apparel (ADA) is a leader in the development of uniforms for health care professionals, utility workers, armed forces and emergency services. As ADAs primary business comes from defence market, they wanted to enhance their public relation services by means of creating awareness of their services in non-defence markets such as the health care, utility and construction (Australian Defence Apparel B2B public relations, 2017).With this objective, the indicator of success in B2B public relations services might include innovation in product design and manufacturing, protecting the workers in risky work places and dissemination of the benefits of ADA by establishing media contacts at the right time. The success in the objective can be understood by different method of measurement of success. This may include the following: The ADA firm should evaluate the feedback of client and provide prompt response to their question or complains (Swanson, 2014). While establishing media contacts to raise awareness of their brand in other sectors, it is necessary for them to conduct content analysis. This will help in determining the audience of interest and the extent to which they are aware about their apparel. This will help to determine the success of B2B public relations (Smith, 2013). Another method is to conduct a market survey to gain idea about the opinion, attitudes and beliefs of consumers towards their product. This will help to evaluate whether the strategies implemented by Ellis Jones were in favor of the target consumers or not (Austin Pinkleton, 2015). Reference Austin, E. W., Pinkleton, B. E. (2015).Strategic Public Relations Management: Planning and Managing Effective Communication Campaigns(Vol. 10). Routledge. Australian Defence Apparel B2B public relations. (2017).Ellis Jones. Retrieved 24 April 2017, from https://www.ellisjones.com.au/case-studies/australian-defence-apparel-ada/ Smith, R. D. (2013).Strategic planning for public relations. Routledge. Swanson, D. J. (2014). Assessing Public Relations Student Learning and Performance in Real World Client Campaigns and Projects.