Wednesday, January 29, 2020
Flight of the Kittyhawk Essay Example for Free
Flight of the Kittyhawk Essay The case showed that HP valued technical innovation as a key to the business success. From the beginning, HP had employed a management by objective (MBO) process that motivated its people to focus on the potential paths of innovation and strategy to achieve its goals. Hence, when the idea for the Kittyhawk project came up, Spenner received the support of Hackborn , and Rey Smelek , the same people who promoted Spenner to General Manager of the Disk Memory Division (DMD) and supported Spenners ââ¬Å"concept-driven thinking. The project also received executive support from the top ranks of HP despite the hesitation of some of the RD section managers in view of the unclear market of the proposed new product. HP seems to have done everything right. They had set up an autonomous project team, and gave the project heavy senior management support. It was then easy for Spenner to create the team for the development of the project. The Kittyhawk team was not governed by the divisions traditional development processes and was given autonomy to develop the drive, find new markets and cultivate its customer base. Seymour and White, both with reputations for ââ¬Å"quick-thinking and action,â⬠led the R;D and marketing divisions, respectively. The Kittyhawk managers carefully selected their staff of exceptional employees from within HP, composed of risk-takers that would be more excited by the market potential of a 1. 3-inch drive than by its technological capabilities. HP has never been a pioneer in the disk-drive business, and Kittyhawk was considered a pioneering effort by the company. HP concentrated its efforts on the most productive stages of the NPD process. The core team for the development of the 1. -inch drive came from within the company. The whole process of development was done within the company but the project team outsourced the manufacture of the drive to an external supplier with proven expertise in miniaturized manufacturing Japans Citizen Watch Corporation which designed and built an automated production line for Kittyhawk. Initial market research was undertaken by S eymour and White but to give Spenner reassurance, the team contracted a highly reputable research firm that specialized in high tech markets to independently gauge the magnitude of Kittyhawks opportunity. However, as no clear market was evident yet, the research firm ended up deriving their conclusions from the Kittyhawk team. As a result, the results of the independent study only mirrored the thoughts of the team. This may have contributed to the error in the target market of the Kittyhawk. HP provided adequate resources and focused R;D funding to the project team which were critical to the success of its NPD process. Eventually, the Kittyhawk project failed to meet its goals but HP still acknowledged its value.
Tuesday, January 21, 2020
Do Sentences Have Identity? :: Equiformity Language Composition Papers
Do Sentences Have Identity? We study here equiformity, the standard identity criterion for sentences. This notion was put forward by Lesniewski, mentioned by Tarski and defined explicitly by Presburger. At the practical level this criterion seems workable but if the notion of sentence is taken as a fundamental basis for logic and mathematics, it seems that this principle cannot be maintained without vicious circle. It seems also that equiformity has some semantical features ; maybe this is not so clear for individual signs but sentences are often considered as meaningful combinations of signs. If meaning has to play a role, we are thus maybe in no better position than when dealing with identity criterion for propositions. In formal logic, one speaks rather about well-formed formulas, but closed formulas are called sentences because they are meaningful in the sense that they can be true or false. Formulas look better like mathematical objects than material inscriptions and equiformity does not seem to apply to t hem. Various congruencies can be considered as identities between formulas and in particular "to have the same logical form". One can say that the objects of study of logic are rather logical forms than sentences conceived as material inscriptions. 1. What is equiformity? Some logicians have rejected propositions in favour of sentences, arguing in particular that there is no satisfactory identity criterion for propositions (cf. Quine, 1970). But is there one for sentences? The idea that logic is about sentences rather than propositions and that sentences are nothing more that material inscriptions was already developed by Lesniewski, who also saw immediately the main difficulty of this conception and introduced the notion of equiformity to solve it. His attitude his well described in a footnote of one of Tarskiââ¬â¢s famous early papers: As already explained, sentences are here regarded as material objects (inscriptions). (...) It is not always possible to form the implication of two sentences (they may occur in widely separated places). In order to simplify matters we have (...) committed an error; this consists in identifying equiform sentences (as S. Lesniewski calls them). This error can be removed by interpreting S as the set of all types of sentences (and not of sentences) and by modifying in an analogous manner the intuitive sense of other primitve concepts. In this connexion by the type of a sentence x we understand the set of all sentences which are equiform with x.
Monday, January 13, 2020
Orbital Engine Company
CASE STUDY: Orbital Engine Company CONTENT (1)Executive SummaryP. 3 (2)Introduction of Business BackgroundP. 4 (3)OECââ¬â¢s objectiveP. 4 (4) Key issues HighlightsP. 5 4. 1Two Wise DecisionP. 5 4. 2Large Car Manufactures Appeared not ready to adopt OCP EnginesP. 5-6 4. 3 Marketing Lessons Can be Learned P. 6 4. 3. 1Marketing Mix and 4P sP. 6 4. 3. 2OECââ¬â¢s Porter Five Forces P. 6 4. 3. 3Licensing and Joint VentureP. 7 (5) ConclusionP. 7 (6)ReferencesP. 8 (1)Executive Summary In this severe economic environment the management of time, in the meaning of the ability to pioneer the market with new products or services, becomes crucial. OEC was in the favourable position of being able to provide customer with solutions that incorporate the latest state of technology; however, OEC was slow reactions to shifts in customer needs and technological advancements which did not allow OEC to realize economies of speed, even though customers are willing to honour fast reactions with higher prices. Furthermore, being the first on the market with an innovative product creates a temporary monopoly and brand recognition. In this market situation the pioneering company is relatively free to set adequate prices in order to recover the usually considerable cost for research and development. Once other companies come up with similar products prices drop immediately, due to the increased competition. In this situation, it becomes much more difficult to repay investments in research and development. Finally, being innovate creates a positive image among customers and, thus, strengthens the competitive position of OEC in the marketplace. During the process, OEC had experienced the changes and made some wise decisions. OEC is a potential company which has a lot of opportunities to diversify its products in cope with the market change through licensing, joint venture and product diversification. According to Porterââ¬â¢s model, increased bargaining power of suppliers would lead to increased costs for major input factors, exerting heavy pressure on the critical success factor costs. This also enhanced bargaining power of customers requires companies to consider customer needs to a larger extent. Basically, the same effect derives from the increased rivalry of existing competitors within the same industry. The severe competitive situation is even enhanced as the higher probability of new entrants increases the demand for low costs, flexibility, and economies of time. Finally, the market implies an increased threat of substitutes. Thus, OEC needs to improve their cost and quality position in order to stay competitive. (2)Introduction of business background Orbital is an international developer of innovative technical solutions for a cleaner world. Orbitalââ¬â¢s innovative design and its product development and operational improvement services are attracted to the worldââ¬â¢s car makers and end users of engines. Orbitalââ¬â¢s headquarter is based in Perth, Western Australia, and is traded on the Australian Stock Exchange (OEC). OEC is a pioneer for engine innovation that it keeps on trying to improve the product in cope with the market change and need. With its breakthrough of fuel injection and electronic combustion process (OCP) for two-stroke design, it benefits to both vehicles and engines becomes cheaper in price and lighter in weight, which leading to a big saving on the fuel consumption with lower emission levels. This report provides a discussion of the consequences of OECââ¬â¢s marketing strategies and its activities that I think what OEC is making their wise decisions on, why has OEC failed to have its engine adopted by any major Car manufacturer at the time of the case, in spite of the engine having many apparent benefits, and what marketing lessons can be learned from the fact that some of OECââ¬â¢s technology has been adopted by the makers of marine outboard motors in the US. At each point, I will give my recommendation and suggestion on the marketing point of views to help the company making decision. 3)OECââ¬â¢s objective OECââ¬â¢s key objective was to get the major car manufacturers in the US to adopt their new engine. (3) Key issues Highlights 3. 1Two Wise Decision (261) OEC had made at two wise decisions to get the major car manufacturers to adopt their new engine in the US. First of all, OEC developed a pricing policy for its intellectual property at the early stage tha t it built up a series of licence options for car manufacturers, such as General Motors, Ford, Fiat, Jaguar and Volkswagen to evaluate the technology and needs before converting into their final licence agreement. Kotler et al (2007, pp. 318, 590) mentioned that, ââ¬Å"A method of entering a foreign market in which the company enters into an agreement with a licensee in the foreign market, offering the right to use a manufacturing process, trademark, patent, trade secret or other item of value for a fee or royaltyâ⬠¦More and more for-profit and not-for-profit organisations are licensing their names to generate additional revenues and brand recognition. â⬠This brand recognition of licensing became one of the key profit generators for OEC. Secondly, OEC made another wise decision on joint venture with Brunswick Corporation, the parent of Mercury Marine in January 1995, became METEOR. This joint venture helped to develop, manufacture, market and sell Orbtalââ¬â¢s SEFIS to the global market for low emission two stroke engines, which was threatened by the US anti-pollution regulations (ULEV). Kotler et al (2007, p. 591) advocated that, ââ¬Å"The most common form of manufacturing-based entry into overseas markets for Australian firms is that of joint venturing. The local partner could provide access to the distribution network due to their knowledge with the local marketing environment while OEC brought in their joint venture technology and production know-how. Since the first step of joint venture, there were numerous of other joint ventures happening which helped OEC to push the two stroke engine to the market in cope with the US emission standard. 3. 2Large Car Manufactures Appeared not ready to adopt OCP Engines After discussing about the wise decisions, there were also obstacles for OEC to push their OCP engines into the large car manufactures. The core reason why OEC had failed to have its engine adopted by major car manufacturers was because OEC spent too much focus on R&D than really focusing on analyzing its product was able to be adopted or pushed to the market. The marketing mix was unclear and OEC was failed to identify car manufacturersââ¬â¢ concerns and their potential interest of products. This lack of knowledge of customersââ¬â¢ needs and wants was leading to the failure. The market need was four strokes and OEC focused on two strokes. Kotler et al. (2007, p. 239) stated that, ââ¬Å"In order to design effective marketing mix strategies, the marketer must understand what factors within the organisation influence the purchase (or non-purchase) response of potential customers. â⬠OEC should first create a need-satisfying market offering and then found out the real-value for their customers. In addition, Manley (1994, p. 66) asserted that, ââ¬Å"Learning is a particularly critical for Orbital in the sense that the company was operating in a turbulent and complex environment as reflected in: emission legislation reviews begin undertaken internationally; the number of actors in the global car industry and structural changes in the industry caused by the changing nature of international competition. In response, the companyââ¬â¢s innovation process exhibits orga nisational flexibility, anticipatory capabilities and responsiveness to change. ââ¬Å" Because of the above, OEC was not able to sell its technology to those large car manufacturers at that moment. . 3Marketing Lessons Can be Learned From this case study, there are several marketing lessons can be learned, such as marketing mix and 4Ps, Porter Five Forces, Licensing, and Joint Venture. 3. 3. 1Marketing Mix and 4Ps OEC had spent a lot of time and money on R&D on OCP and which neglected to understand what the customersââ¬â¢ need and want which is difficult to position the company to the targeted segmentation and its market. Because of that, OEC almost risked themselves into bankruptcy before 1989 if they could not gain the financial support from BHP and Australia Government. It is essential to under customersââ¬â¢ wants and need and then market the right product, right place, right promotion and right price. 3. 3. 2OECââ¬â¢s Porter Five Forces According to this concept, the intensity of competition in an industry is rooted in its underlying economic structure (Porter Strategy 1998, pp. 3). This structure is expressed by five basic competitive forces which determine the ultimate profit potential of the respective industry. The five competitive forces are threat of new entrants, threat of substitutes, bargaining power of buyers, bargaining power of suppliers, and intensity of rivalry. As of June 1994, OEC already had acquired 854 patents and its applications, but it sat on it without further development which missed out a lot of business opportunities as a pioneer in the market. Kotler et al. (2007, p. 101) asserted that, ââ¬Å"The implication is that the firm should influence the balance of forces through strategic moves, thereby strengthening the firmââ¬â¢s position. Alternatively, the strategists might reposition the firm so that its capabilities factors underlying the forces and respond to them, thus exploiting change by choosing a strategy appropriate to the new competitive balance before competitors recognise it. 3. 3. 3Licensing and Joint Venture Through OECââ¬â¢s success in licensing and joint venture, it gave the company a business breakthrough to position themselves in a strong market place. Most of its earnings from OEC is from licensing, development and supply agreements. In addition, investing and expanding the business in foreign countries, th ere are various laws and regulations that investors should pay highly attentions, and thus, cooperating with a joint venture company locally would be the most fast and easier way to explore the market; especially OEC has its technology know-how. 6) Conclusion To conclude, in this report, I have shown the effects of OECââ¬â¢s marketing strategies on both wise and failure decision. These effects mainly consist of substantial alteration of the competitive environment in the form of unclear industry boundaries, increased rivalry, and a reduced relevance of traditional success factors. With the strategic marketing concept, it enables OEC to compete successfully in this altered economic environment. 7)References Kotler, P. , Brown L. , Adam S. , Burton S, Armstrong G. , (2007), Marketing 7th Edn, Pearson Education, Australia. Manley, K. J. , 1994, Factors Leading to Offshore Manufacture of Australian Inventions: The case of The Orbital Combustion Process Engine, Murdoch University, Wes tern Australia. Porter, M. E. : ââ¬ËCompetitive Advantage. Creating and Sustaining Superior Performanceââ¬â¢, 2nd Ed. , New York et al: The Free Press 1998.
Saturday, January 4, 2020
AP Euro DBQ Essay examples - 780 Words
Unit 2 DBQ: Discuss the extent to which the religious schism during the sixteenth century was symptomatic of political, social, and economic problems. The religious schism took place in the 16th century, mainly between the Catholic Church and Protestants. During these times, many changes were brought forth to Europe during this schism. Although the religious schism brought forth an age of Reformation of the Catholic church, the religious schism started wars, revolts across Germany following the teachings of Luther, and the struggle for power between Catholicism and Protestantism. The religious schism began because of the making of Protestantism. The Catholic Church was corrupted in many ways, for example, the selling ofâ⬠¦show more contentâ⬠¦He stated that the bible had nothing to do with earthly justice. In the HRE, the church officials viewed the spread of Protestantism in Germany (which they viewed as heresy) was causing the rebellion to happen. As Michael Eisenhart is possibly a church official and views the rebellion as a part of Protestantismââ¬â¢s teaching. ââ¬Å"â⬠¦through certain citizens here who adhere to the heresy of Luther, it has come about that bad, false teaching has greatly got the upper hand.â⬠(Doc 5) The church viewed this event as an event caused because of the teaching of a ââ¬Å"heretic.â⬠In the end, the nobles crushed the rebellion and killed about seventy five thousand peasants. This event strengthened the strength of nobles and Protestantism lost its appeal in the lower classes. However, Protestantism continued to spread to areas in Europe. Other types of churches were made that was similar to Lutherism but different in ways of their own. For example, the Calvinists believed that no matter what people do, God has already decided their fate. One of the churches of Protestantism is the Anglican church. It was made by King Henry VIII, after the pope refused annulment from his wife. In the Act of Supremacy, English Parliament in 1534, Parliament, influenced by the monarchy and declared, ââ¬Å"...that the king, our sovereign lord, his heir and successors, kings of this realm, shall be taken, accepted and reputed the only supreme head in earth of the Church of England, called AnglicansShow MoreRelatedAp Euro Witchcraft Dbq1133 Words à |à 5 PagesWitchcraft DBQ (Many of the people who were persecuted as witches from the fifteenth to seventeenth centuries were those of a seemingly inferior mindset, those who are blamed for problems in the community and those who were social outcasts.) This time period occurred throughout the Protestant, Catholic and Scientific revolutions. The victims of the witch trials were usually persecuted in Europe as a whole however focused on areas like South Western Europe. Witches were usually people who wereRead MoreAp Euro Calendar Dbq Essay1032 Words à |à 5 PagesExplain the reasons for the adoption of a new calendar in revolutionary France and analyze reactions to it in the period 1789 to 1806. The adoption of the revolutionary calendar to replace the Gregorian calendar took place on November 24, 1793 by the National Convention. This new calendar lasted until Napoleon I abolished it in 1806. The new calendar was a adopted in revolutionary France for many reasons including secular ideas and political reasons. There were also many reactions to the changeRead MoreDbq Ap Euro Peasents Essay1358 Words à |à 6 PagesBroderick Haney AP Euro Period: 1 14 September 2012 The Progressive Peasant Revolution Inhabiting the Holy Roman Empire in the 16th century, the upper class considered peasants a mere subhuman. Conversely, Martin Luther, a German professor of theology, influenced reformation to the German state. This reformation focused on the peasants, especially the peasant revolt of 1524. As the revolution continued, the Peasant Parliament formed to coordinate activates and strive for optimistic resultsRead MoreAp Euro Dutch Republic Dbq1220 Words à |à 5 PagesDutch Republic DBQ In the 17th century, the Dutch Republic experienced a Golden Age and was able to maintain security, unity, and prosperity in its society and economy. The nation was considered a leading power, especially in trade and ideas, within Europe. However, it was not long before circumstances changed and the state face many problems establishing peace and agreement. By the end of the 17th and the beginning of the 18th centuries, there had been a significant change in the Dutch Republicââ¬â¢sRead MoreWitch Craze Dbq Ap Euro Essay1431 Words à |à 6 PagesDuring the late fifteenth through the seventeenth centuries, thousands of individuals were persecuted as witches. It was thought that these individuals practiced black magic and performed evil deeds, the deeds of the devil. This all happened during a time of great change in Europe, during the time of the Protestant Reformation, the Catholic Reformation, the Scientific Revolution, and the consolidation of national governments. They were persecuted for a variety of reasons, but three major ones wereRead MoreEssay about Manchester Dbq Ap Euro908 Words à |à 4 PagesDuring the nineteenth century, Manchester became one of the most industrialized cities in the world. Although the industrialization of Manchester was very efficient and successful for the modernization of man, the cityââ¬â¢s growth also raised many issues in society. The growth of the city had negative and positive effects. Although the huge population growth in Manchester in the 1800s, delighted many people, for they though this had led to advances in manufacturing and other industries-the increaseRead More2002 Ap Euro Dbq: Manchester Essay1067 Words à |à 5 PagesThe Effects of Industrialization on Manchester, England 1750-1850 England in the 18th and 19th centuries changed dramatically as a result of the Industrial Revolution, which had many effects on the social structure of England and increased the gap between the rich and the poor. Because of this, industrialized English towns such as Manchester were both criticized and admired by poets, politicians, journalists, and outsiders, who were particularly from France. The most powerful points of view wereRead MoreMartin Luther Dbq-Ap European History1053 Words à |à 5 PagesJustine Chapel November 19, 2012 AP Euro P3 Martin Luther DBQ By the 1500ââ¬â¢s many issues shows signs of disorder within the Church. The idea of selling indulgences (forgiveness for sin) for clergy benefit began to negatively spread throughout the people, along with opposition to pluralism (holding more than one office). This sparked many attempts to reform the church through individual groups, one of which being the Brotherhood of Common Life. One of their accomplishments was starting schools for
Subscribe to:
Posts (Atom)