Friday, June 7, 2019
Nortel Case Report Essay Example for Free
Nortel Case Report EssayThe com junky also used to be affiliated with ATampT/Western galvanizing until Western was forced to sell its stake in 1949. In 1976, the club changed its name from Northern Electric to Northern Telecom Limited, and shifted its concentration on digital technology. In 1977, Nortel introduced its DMS line of digital central office telephvirtuoso switches. Nortel ended its long relationship with ATampT in 1984, a year later onwards deregulating named. Bell Canada Enterprises the parent play along to Northern Telecom. In 1998, the company acquired Bay Networks and changed its name to Nortel Networks. In the late 90s, Nortels sales of fiber visual network gear was predicted to help their sales, but the market became saturated very quickly. At the height of Nortels first 100 years the company amassed for more than a third of the total valuation of all in all companies listed on the Toronto Stock Exchange (TSX), but once the Internet bubble passed, the company fell into respectable debacle. Nortel Networks Corporation, or formally known as Northern Telecom Limited was one of the largest telecommunications equipment companies in the world prior to its filing for loser protection onJanuary 14th, 2009. During times of functionality, they specialized in multinational telecommunications equipment manufacturing. The company is based in Canada come out of Mississiauga, Ontario, Canada. Their biggest rival always was Global System Mobile (GSM). Through the archean 1990s, the company invested heavily in Code Division Multiple Access (CDMA) in attempt to grow in European and Asian markets. This did non pan out so well as Nortels losses amounted to $27. 3 billion by 2001causing them to lay off two-thirds of the workforce.From 2000 through 2003 thither was a period of fiscal irresponsibility resulting from the work of the companys administrators. Initially in 2000, they falsified their quaternth-quarter earnings by $1 billion to meet ma rket expectations and selectively reversing certain revenue entries. In 2002, administrators disc everywhereed $300 meg in excess reserves being carried over and swept it under the rug for early benefit in addition to establishing an different $151 million in unnecessary reserves. In 2003, administrators directed the release of at least $490 million of excess reserves to boost earning, fabricate profits, and pay bonuses.Losses turned to profits during this year thanks to the shifty methods taking place. Later in that year, administrators mislead investors as to why Nortel was conducting a purportedly comprehensive review of its assetsattributed by restatement $948 million in liabilities. They said restatement was caused solely by internal control mistakes instead of the truth that there was intentional improper handling of reserves which needed to remain hidden. 2 On October 23rd, 2003, the company announced that Nortel would restate its financials for fiscal years 2000, 2001, and 2002.Shortly after this restatement, the major players of Nortels administration that were responsible for all of this were exposed through an independent investigation. In March 2004, The CFO and controller were suspended, in addition to the annunciation of further restatements and revisions they were terminated a month later in April 2004. A restatement in early 2005 showed approximately $3. 4 billion in misstated revenues and a nonher(prenominal) $746 in liabilities. In late 2005, Nortel admitted that restatements were the result of management twaddlebeginning the downturn of their stock(a).The company ended up restating financials four times over four years, renew senior management, and instituting a comprehensives remediation program designed to ensure proper accounting and inform practices. Eventually on October 15th, 2007, Nortel a avarice to settle by give a $35 million civil penalty and admitting to violations of the anti humbug, reporting, books and records, and int ernal control provisions of the federal securities laws. 2 On June 25th, 2009, Nortels price dropped to 18. 5 cents a share down from a high of $124. 0 in 2000. The company decided that month that they would discontinue operations and sell off all of its business enterprise units. Nortels CDMA wireless business and LTE access technology were sold to Ericsson, and Avaya purchased Nortels Enterprise business unit. Major Players in the Scandal The major players in this scandal were the four members of the senior management CEO Frank Dunn, CFO Douglas Beatty, controller Michael Gollogly, and assistant controller Maryanne Pahapill. CEO Frank Dunn, who is also a certified management accountant.Dunn was chiefly gnarly in the improper use of reserves from 2000 to 2003. CFO Douglas Beatty, controller Michael Gollogly, and assistant controller Maryanne Pahapill were also involved in this management fraud. 2 The lofty Canadian Mounted Police in Toronto arrested ex-CEO Frank Dunn, ex-CFO Do uglas Beatty, and former corporate controller Michael Gollogly on seven counts of fraud. Including frivol aways fraud affecting public market untruth of books and documents fabricated prospectus, pertaining to allegations of criminal activity within Nortel Networks during 2002 and 2003.Magnitude of the financial issue Nortel at its peak was one of the best companies that Canada had ever seen. Just like ENRON and other financial frauds at the time, Nortel appeared to be a shining example of success in the corporate world. Again like ENRON, Nortel grew through a strategy of warring expansion and purchasing of smaller companies in order to create a massive conglomerate. During the good times Nortel was the largest technology company and the most valuable company in Canada. Nortel accounted for over one third of the entire aluation of the Toronto Stock Exchange. The Toronto Stock Exchange is the Canadian equivalent of the New York Stock Exchange and holds the most prestigious stock market in Canada. Nortel employed about 95,000 employees worldwide. About 26,000 of those workers based in Canada alone. Nortel at one point had a market capitalization of intimately C$400 billion. Nortel had set up rewards and healthcare protection for its employees. All of these were at sea to either the restructuring under Frank Dunne which left about 60,000 employees without jobs or the bankruptcy that delineateed in 2009.Canadian presidential term officials and regulators identified how destructive a full failure of Nortel would be on the Canadian economy. The Canadian government through the exporting Development Canada project tried to lend money to the falling giant. However the Canadian government could not cover all of Nortels debt obligations. Nortel owed about $107 million and the EDC (Export Development Canada) could only supply about $30 million in short term loans. This $107 million interest payment accounted for about 4% of Nortels cash and put the company into bankruptcy.The world financial crisis of 2008 had put too much strain on Nortel and they were forced to begin liquidation. Public auditor The auditors involved with this case were Deloitte and Touche. In documents from the fraud case, which is in time being heard by the Royal court in Canada, Deloitte claims that they were not given proper documentation by Nortel. Deloitte claims that they did not go for pertinent information which should have been provided by administrators at Nortel. Deloitte raised concerns to the audit board of Nortel in 2003 when Nortel turned a profit after Frank Dunnes restructuring of the company.Deloitte raised awareness of potential fraud and did their duty in that respect. However further investigation conducted has implicated Deloitte in the financial reporting irregularities in Nortel which some have claimed dates back to the time of CEO Roth who held office before Dunne. Information coming out of the case states that even if transactions were deemed suspicious, they still signed off on the verity of the financial reports. Frank Dunne and some of his officers are now charged with fraud by some(prenominal) the SEC and the OSC which model the American and Canadian markets respectively.The case is currently still under review in the Royal court of Canada and civil charges have been brought in the United States. cunning Triangle Nortel had experienced tremendous growth throughout the 1990s, allowing it to expand operations worldwide. Nortels expansion came during the telecommunication and technology bubble of the 1990s that inflated stock prices of companies in those sectors. Frank Dunn had taken over for the previous CEO, John Roth, in November 2001 during the telecommunication bubble bust. Dunn felt wedged to maintain the high stock price because it accounted for over one third of Nortels range2.Nortel management was also incentivized to post profits that produced executive bonuses with over $7. 8million going to Dunn alone . The primary members of the Nortel fraud were able to rate the fraud because, as executive officers and controllers, they were able to go around the internal controls of the company. That allowed them to implement many accounting practices that did not comply with GAAP. Nortel managements rationalization for these two-faced practices must have been that they needed to maintain the high stock price in order for the company to continue operating.Moral Breach and Ethical Issues As a publicly traded company, Nortel had the responsibility of fairly reporting the companys true financial data to stockholders and potential investors. Dunn, Beatty, Gollogly and Pahapill breached this responsibility by establishing earnings management accounting strategies to manipulate Nortels revenues. Nortel management also actively sought to inflate earnings to trigger very large bonuses for key members of management. Perhaps, if these incentives did not outlive then there would be less motivation to commit the fraud.Finally, Nortels auditor for over a century, Deloitte and Touche, has come under scrutiny by the demur lawyers in Dunn, Gollogly and Beattys civil trial in Canada this year. The defense claims that Deloitte approved of all major accounting adjustments that Dunn and his team had engaged in. Summary of Legal Actions On April 28th, 2004, Dunn and his fraud partners were fired for financial mismanagement2. On March 12th, 2007 the SEC filed civil charges against Dunn, Beatty, Gollogly and Pahapill for repeatedly engaging in accounting fraud to bridge gaps between Nortels true get alongance, its internal targets, and market expectations.Dunn and Beatty were charged with violating the officer certification agreement that was established by the Sarbanes-Oxley Act. Nortel settled with SEC on October 15, 2007 by consenting to be prescribed from violating the antifraud, reporting, books and records, and internal control provisions of the federal securities laws. Nortel paid $35million to the SEC, and $1million to the Ontario Securities Commission to establish a Fair Fund for affected shareholders. Finally, Canadian authorities arrested and charge Dunn, Beatty and Gollogly with seven counts of fraud.Their trial began on January 16th, 2012. Current Status Nortel, once known as the largest telecommunications manufacturer in the world, filed for bankruptcy in 2009. Now three years later, the period of bankruptcy continues as the company discloses their every operating report highlighting each cash receipt and disbursement. When Nortel went bankrupt, executives believed that selling all business assets would be the best and easiest way to fight debt. Recently, Nortel has netted $7. 7 billion from selling its patents and businesses.As stated on their website, Nortel remains focused on maximizing value for its stakeholders, including the sale of its remaining assets, resolution of claims, the wind-down of its global operations and entities, resolution of allo cation matters with respect to the sale proceeds, and other significant restructuring activities toward the conclusion of the creditor protection proceedings. The case for Nortel executives Dunn (ex CEO), Beatty (ex CFO) and Gollogy (ex controller), who were charged with fraud for affecting the public market and falsifying books and documents to earn larger bonuses, is still in trial.In February, a former Vice President of Nortel testified in court against executives stating that they had asked him to use questionable accounting methods to manipulate the companys earnings. Although those who committed the crime have been charged, thousands of employees go away still be left without allowance plans and jobs. Nortel has spent over $20 million on retirement package these past two year, but unfortunately the company will stop the pension plan and disability program payments as it continues to sell away its businesses.By the end of 2011, Nortel was split into regional entities Nortel Networks Limited in Canada and Nortel Networks Inc in the United States, causing disagreements over how to split $7. 5 billion that was earned by selling many assets and patents other corporations such as Apple and Microsoft Corp. The following charts, graphs and financial statements dismantle Nortels current status. Case Study Questions and Solutions 1. Dunn is a certified management accountant. Based on the facts of the case, which provisions of the IMAs Statement of Ethical Professional workout that was discussed in chapter 1 have been violated?Dunn violates many of the provisions of the IMAs statement of Ethical Professional Practice they are as follows 1. Perform master key duties in accordance with law, ordinations and technical standards. 2. Provide decision information that is accurate, clear, concise and timely 3. Retain from engaging in any conduct that would prejudice carrying out any duties ethically. 4. Abstain from engaging in or supporting any activity that might discredit the profession. 5. Communicate information fairly and objectively. 6.Disclose all relevant information, that could reasonably be expected to influence an intended users understanding of the reports analyses or recommendations. 7. Disclose delays or deficiencies in information timeliness processing or internal controls in conformance with organization policy and/or applicable law. He violated these by selective reversal of revenue entries in 2000. Followed by concealing the reserves in 2002, which violated GAAP, and then avoided posting a profit so the company wouldnt have to pay out bonuses. In 2003 Dunn released the reserves to falsely report a profit, which allowed them to eports a profit a quarter earlier than expected, and to pay out more bonuses to senior management. Also in 2003 he misled the investors about why Nortel had restated its financials in order to avoid uncovering the unethical management techniques him and his team had been using. All of these actions tak e away Dunns uprightness and credibility in the field of managerial accounting, which are two of the standards the IMA sets out. Dunn failed to meet his passe-partout code of conduct and his company suffered because of it. 2. What are the responsibilities of an auditor to detect fraud?How were those responsibilities compromised by the actions of Nortels management? It is the auditors responsibility to report fraud if they find it, however in this case the actions of Nortels management made it difficult for the auditors to do their job. The false financial statements and hiding of money veiled the problems of the company from the auditors. Once there was a hint of the fraud the auditors found it and perused the trail, taking the ethical highroad and also following the code of conduct. It was their investigation that brought down the fraudulent executives and forced the company to restate its financials properly.This would eventually lead to the failure of Nortel. Nortel made mater ially false and misleading statements and omissions in connection with the quarterly reviews and materially misstated annual audits of financial statements. This caused the auditors to not be able to properly do their job, and review the statements. 3. Describe the incentives that created pressure on Nortel to manage earnings. Considering the role of Nortels management in this regard, discuss whether it met its corporate governance obligations as discussed in previous chapters.The incentives that drove Nortel to manage its earning where greed of the management team, the pressure to deliver bonuses, the pressure to survive an economic downturn, and the pressure to make the company seem like a good investment to both current and potential investors. In an economic climate of intense competition and corporate greed the management at Nortel fell victim to their vices and allowed the pressure to perform to overwhelm their priorities. This caused them to put their own greed and personal a mbition before the well being of the company. Nortel did not meet its corporate governance obligations.It did not follow any internal rules of how to run the business. It ignored any corporate ethics they might have. It lied to stakeholders several times by misstating the financials. They did not follow the professional code of conduct of their careers and also did not follow industry standards. They broke the law. No one inside the company caught the fraud wherefore their internal controls where not effective. Each of these immoral acts is a case where corporate governance has failed. 4. The final quote in the case characterizes Nortels failure as just another casualty of capitalism. Do you agree with this statement? Why or why not? How would you characterize the cause of the failure at Nortel? I would argue that Nortel is not just another casualty of capitalism. Nortel did not function in a system of free market capitalism where the government had absolutely no regulation and let the markets function however they wanted. The capitalism system of North America is more of a mixed economy, which combines public and private ownership of companies, and also provides government regulation and intervention to prevent and deal with fraud.Even in a free market the system is meant to come to an equal balance of supply and demand, which cannot be reached if there is fraud involved since the supply has been inaccurately disclosed by the senior management at Nortel. I would characterize this failure as one of humanity. It was not the economic system that allowed this fraud to take place, but the greed of the people and a friendly environment that ties success so strongly to wealth. It was the social pressure and the effect of human nature that led to Nortels demise. . The case discusses how Nortels managers prioritized themselves over the shareholders, which, in part, lead to the companys failure. What should be a companys first priority? A companys first priority shou ld be following their code of ethics. The second priority should be the shareholders, followed by the management and other employees. This hierarchy ensures that all the business that is done with be both moral and legal, meaning there is no room to commit fraud and damage the company.In this way you are putting the shareholders first, because by providing a stable and healthy company the shareholders will see an investment that will be able to reach its highest potential. 6. Was Nortels settlement a fair penalty? Should the SEC have imposed harsher or more lenient sanctions? Should these sanctions have been on the managers, on Nortel as a whole, or both? A fair settlement would offer compensation to all those who were hurt by this fraud. Groups that whitethorn have been hurt could be shareholders, employees and customers.Deciding what is a fair compensation is a little more difficult, however as much of what these people lost as possible should be returned to them. As for the manag ers who created the problems and took part in the fraud should face a sentence of termination from their company, loss of license (if applicable) and jail time. The company and the individual managers have both failed stakeholders and should both be held accountable. In the case of Nortel specifically the stockholder settlement goes with these guidelines, as for the managers their trial is still ongoing and therefore no sentenced has been given to them yet.
Thursday, June 6, 2019
Kenneth Burke Essay Example for Free
Kenneth Burke Es declareKenneth Duva Burke (May 5, 1897 November 19, 1993) was an American literary theorist and philosopher. Burkes base interests were in rhetoric and aesthetics. Burke became a highly distinguished writer after getting out of college, and starting off serving as an editor program and critic instead, while he developed his relationships with other successful writers. He would later return to the university to lecture and teach. He was born on May 5 in Pittsburgh, Pennsylvania, and graduated from Peabody High School, where his friend Malcolm Cowley was also a student. Burke attended Ohio State University for only a semester, then studied at capital of South Carolina University in 1916-1917 before dropping out to be a writer. In Greenwich Village he kept company with avant-garde writers such as hart Crane, Malcolm Cowley, Gorham Munson, and later Allen Tate. Raised Roman Catholic, Burke later became an avowed agnostic.In 1919, he married Lily Mary Batterham, w ith whom he had three daughters the late feminist, Marxist anthropologist Eleanor Leacock (19221987) role player (Jeanne) Elspeth Chapin Hart (b. 1920) and writer and poet France Burke (b. 1925). He would later marry her sister Elizabeth Batterham in 1933 and have two sons, Michael and Anthony. Burke served as the editor of the modernist literary pickup The Dial in 1923, and as its music critic from 1927-1929. Kenneth himself was an avid player of the saxophone and flute. He received the Dial Award in 1928 for distinguished proceeds to American literature. He was the music critic of The Nation from 19341936, and was awarded a Guggenheim Fellowship in 1935. His work on criticism was a driving force for placing him buns into the university spotlight.As a result, he was able to teach and lecture at various colleges, including Bennington College, while continuing his literary work. Many of Kenneth Burkes personal papers and parallelism are housed at Pennsylvania State Universitys S pecial Collections Library. In later life, his juvenile Jersey farm was a popular summer retreat for his broad family, as reported by his grandson Harry Chapin, a contemporary popular song artist. He died of heart failure at his home in Andover, New Jersey. Burke, like many twentieth century theorists and critics, was heavily influenced by the ideas of Karl Marx, Sigmund Freud, and Friedrich Nietzsche.He was a lifelong interpreter of Shakespeare, and was also significantly influenced by Thorstein Veblen. He resisted be pigeonholed as a follower of any philosophical or political school of thought, and had a notable and very public break with the Marxists who dominated the literary criticism set in the 1930s. Burke corresponded with a number of literary critics, thinkers, and writers over the years, including William Carlos Williams, Malcolm Cowley, Robert Penn Warren, Allen Tate, Ralph Ellison,Katherine Anne Porter, Jean Toomer, Hart Crane, and Marianne Moore.Later thinkers who ha ve acknowledged Burkes influence take on Harold Bloom, Stanley Cavell, Susan Sontag (his student at the University of Chicago), Erving Goffman, Geoffrey Hartman, Edward Said, Rene Girard, Fredric Jameson, Michael Calvin McGee, Dell Hymes and Clifford Geertz. Burke was one of the first prominent American critics to appreciate and articulate the importance of Thomas Mann and Andre Gide Burke produced the first slope translation of Death in Venice, which first appeared in The Dial in 1924. It is now considered to be much more faithful and explicit than H. T. Lowe-Porters more notable 1930 translation.Burkes political engagement is evident, for example, A Grammar of Motives takes as its epigraph, ad bellum purificandum toward the purification of (the human spirit from) war. American literary critic Harold Bloom singled out Burkes Counterstatement and A hot air of Motives for inclusion in his Western Canon. The political and social power of symbols was central to Burkes scholarship throughout his career. He felt that through understanding what is involved when we say what flock are doing and why they are doing it, we could gain insight into the cognitive basis for our perception of the world.For Burke, the way in which we decide to narrate gives importance to specific qualities over others. He believed that this could tell us a great deal or so how we see the world. Burke called the social and political rhetorical abbreviation dramatism and believed that such an approach to dustup analysis and language usage could help us understand the basis of conflict, the virtues and dangers of cooperation, and the opportunities of identification and consubstantiality.Burke defined the rhetorical function of language as a symbolic means of inducing cooperation in beings that by nature respond to symbols. His definition of humanity states that man is the symbol development, making, and mis-using animal, inventor of the negative, garbled from his natural condition by instruments of his own making, goaded by the spirit of hierarchy, and rotten with perfection. For Burke, some of the most significant problems in human behavior resulted from instances of symbols using human beings rather than human beings using symbols.Burke proposed that when we attri onlye motives to others, we tend to rely on ratios between five elements act, scene, agent, agency, and purpose. This has become known as the dramatistic five-spot. The pentad is grounded in his dramatistic method, which considers human communication as a form of action. Dramatism invites one to consider the matter of motives in a perspective that, being developed from the analysis of drama, treats language and thought primarily as modes of action (Grammar of Motives xxii).Burke pursued literary criticism not as a formalistic recruitprise but rather as an enterprise with significant sociological impact he saw literature as equipment for living, offering folk wisdom and common esthesis to people and thus guiding the way they lived their lives. Another key concept for Burke is the terministic screen a set of symbols that becomes a kind of screen or grid of intelligibility through which the world makes sense to us. Here Burke offers rhetorical theorists and critics a way of understanding the relationship between language and ideology.Language, Burke thought, doesnt alone reflect reality it also helps select reality as well as deflect reality. In Language as Symbolic challenge (1966), he writes, Even if any given terminology is a reflection of reality, by its very nature as a terminology it must be a selection of reality and to this extent must function also as a deflection of reality. In his book Language as Symbolic Action (1966), Burke defined humankind as a symbol using animal (p. 3).This definition of man, he argued, means that reality has actually been built up for us through nothing but our symbol system (p. 5). Without our encyclopedias, atlases, and other assorted reference guides, we would know little about the world that lies beyond our neighboring(a) sensory experience. What we call reality, Burke stated, is actually a clutter of symbols about the past combined with whatever things we know mainly through maps, magazines, newspapers, and the like about the present . . . construct of our symbol systems (p. 5). College students wandering from class to class, from English literature to sociology to biology to calculus, encounter a new reality each time they enter a classroom the courses listed in a universitys catalogue are in effect but so many different terminologies (p. 5). It stands to reason then that people who consider themselves to be Christian, and who internalize that religions symbol system, inhabit a reality that is different from the one of practicing Buddhists, or Jews, or Muslims.
Wednesday, June 5, 2019
Female Offenders: Harsher Sentences In Courts
Fe manful Offenders Harsher Sentences In CourtsMost research implies that there is a significant difference in the way wo hands and custody w be get acrossed by the iniquitous system and that these differences are mainly due to the operation of gender stereotypes. Research studies possess hypothesised that gender does affect sentence in a material body of ways. The effect is not necessarily explicit and it may or may not to the woman offenders apparent advantage. This implies that it may be harsher or more(prenominal) than lenient as compared to that of the male offenders. It has a identical been suggested that the fact that men and women enter the criminal justice system in ways that are antithetical and the fact that they withal commit different characteristics might curb an effect on the way they are treated by the system. Based on this, this makeup seeks to discuss whether feminine offenders receive harsher sentences in courts than do their male counterparts based on their gender status. In discussing whether female offenders are treated differently from their male counterparts by the criminal justice system, this paper volition similarly review the various theoretical frameworks from early feminists and classical theorists. It provide also include explanations on the historical priming coat of the issue and on well-nigh features of the maleness of law. Pollak (1961) argues males in the criminal justice system are captivated by women offenders ca use them to treat them leniently. This thesis is further criticised by Heidensohn (1985), bingle of the known feminists who argues that Pollaks theory is based on female biology making it unsociological, ahistiorical and ideological. He goes on to suggests that apart from the committing the crime, female offenders are also tried for their femininity thusly face double jeopardy. As such, they receive harsher sentence and crime as compared to the male offenders. Female offenders are also norm a ll toldy punished for their sexual misbehaviour, in the in timet it exists, which is not the case with the male counterparts. Based on this argument, the courts apply a double standard for female offenders. This paper will hence look at cases in which women offenders buy into the gender contract and other cases in which women receive harsh treatment as swell up as sentences by the criminal justice system. The paper will discuss at how the law views females and how this is connected to the way in which women offenders are treated differently (either harshly or more lenient) from men. The question of whether female offenders are treated less harshly by the criminal justice system is also inherently connect to the debate of why there has been an increase in female offenders. Simon (1975) and Adler (1975) argue that due to the womens liberation movement, a theory referred to as the liberation thesis, women commit over the old age become more men-like. Simon Landis (1991), explain that feminist calls for equality has ca handlingd a decline in chivalry within courts in the way they treat female offenders. Based on these arguments and theories, this paper will discuss how the courts, star of the agencies of the criminal justice dismissworks treats women offenders during passing of sentences.In discussing this question, it is worth to note that historically and even presently, women commit less crime than males. harmonise to the British criminal statistics, there are various differences amongst male and female offenders. According to the Home self-confidence (2003), women constituted only 19 percent of the known offenders. The statistics also show that women commit also commit crimes that are violent such as theft, pretender and robbery. 75 percent of crime committed by women is theft and handling according to these statistics. It is however worth to note that women commit less violent crimes as compared to their male counterparts (Lise, 2009). They howev er participate in all types of criminal activities (Lise, 2009).Statistics also imply that female offenders are more likely to be cauti geniusd for crimes and offenses that are guilty than men. Figures show that the cautioning rate for women was 44 pe5cent as compared to 27 percent for men. Research also showed that women were less likely to be charged after being arrested for offenses than men. 52 percent of women arrested were charged as compared to 60 percent of men arrested (Lise, 2009).According to Lambrose Ferrero (1995), there are less criminals among females than there are among males and that female criminals have more anomalies than the normal women. According to these theorists, female offenders do not act in accordance with the standards pre-defined and are regarded to be pathological hence require to be removed(p) from the society or undergo treatment to make them normal. Courts therefore tend to punish female offenders for their offenses and for not complying with t he pre-defined standards. This is implies that they receive double punishment which is not so with the male counterparts. As such, female offenders receive harsher sentences than males by courts. merchandise Demographics Marketing EssayMarket Demographics Marketing EssayExecutive summaryWhen you ask for Kleenex, e veryone knows you are asking for a waver. Although the number of rivals has been increased peculiarly during the last decades, today, Kleenex with its worldwide popularity and its strong scrape that built within its eighty years old understands take of its different nodes. Obviously, one of the major group of the guests, are men. Although the mens mantrap vex foodstuff lags the womens by some time, a late report pointed that the male salad dressing commercialise has been increase at double digit produce rates over the last decade in the US that in turns widespread in the other parts of the world. The economic downturn has tempered optimism but the mens beau ty market remains one of the best performing fragments in the face-to-face keeping sector, according to a new report by Diagonal Reports. Men are now catching up with women with read for mens hair coloring and join skins having now taken off, decades after the womens coloring boom. A fundamental change in male manner towards their appearance is responsible for this growth. Very large come of men are much more interested in their appearance than previously and interested in a different way than was the case. As one male provision expert pointed out, Many men have a new attitude to appearance, it is no longer just functional, and they pauperization their appearance to be in fashion. Hence, we have just concerned about men as women, children and others that in turns directed us to think about providing a new increase for them. For this reason, we thought about producing new wanders that have some unique perspectives especially for men and could help to protect and improve t heir skin and their appearance.Even though, the traditional categories like ultra- soft tissue and Kleenex bandion continue to be the most purchased produces, a growing number of men are beginning to experiment with other, less traditional cosmetics and toiletries productions, such as facial cleansers tissue, as well as face and body tissue with rejuvenate property by adding vitamins like vitamin E, sun block, parking area tea extract and exfoliation substances in the nerve midsection layer of the tissue. These core materials are the most sought after by dandy man who want to keep skin full of life story in tissues daily use.2.0 Situation AnalysisKimberly-Clark Corporation (Kimberly-Clark) is one of the leading consumer product companies in the world. It holds the initial or the second persuasion globally in terms of market share in more than 80 countries. It has operations in 36 countries and sells its products in more than 150 countries. The companys well-known family ca re and personal care discolourations such as Kleenex, Scott, Andrex, Huggies, Pull-Ups, Kotex, Poise and Depend are top ranking brands in terms of market share in more than 80 countries. High consumer loyalty and strong brand recognition help the company garner a substantial market share. However, economic slowdown in the US and Eurozone could adversely affect demand for Kimberly-Clark products.2.1 Market Summary2.1.1 Market DemographicsThe profile of the interior views customer consists of the following geographic, demographic, psychographic, and behavior factorsGeographicsWe have set first geographic target area, which is Malaysia. After successful hit the Malay market, we will expand our new product in Asia area then spread across the world.According to Malaysia demographics profile 2009, male universe of discourse between 15-64 years is now 8,210,373(31.9% of total tribe of 25,715,819) we sweep up the population between 18 to 45 years old to be 20%.DemographicsMaleHave atten ded collegeAble and young, affluent customersA combined last one-year incomeThe age range from 18 to 45,more than 60% clustering around 18-25 years oldSocial class cover from the working class to middle class, upper uppersPsychographicsAll men who take care of themselves, concerned with their appearanceProtect and improve their skin is pregnant for themHe perceives himself as tasteful and able, and they asseverate on Many men have a new attitude to appearance, it is no longer just functional, and they want their appearance to be in fashion. way FactorsThe behavior of target customer is what accepted as masculine has shifted considerably throughout the times, so the modern concept of how a man should be differs from the nonesuch man of previous eras. Some styles and behaviours that are today considered feminine, in the past were, part of the mans domain (e.g., makeup, jewellery).He take pride in having an active image in using man care productsOnce they try, it is hardly to con vertibleThey often show up at following placesMan SPA centersMens salons and barbershops golf club2.1.2 Market NeedsKimberly-Clark Corporation is providing the men who are living in urban districts with facial tissues The Company seeks to fulfill the following benefits that are important to its target consumersHigh Quality Based on our target market, the costumers are pursuing a higher quality of life. Attitudes and habits are changing among male consumers regarding their hygiene, grooming and physical appearance, as well as the purchasing habits among men.Rejuvenate property Add vitamins like vitamin E, sun block, and green tea extract and exfoliation substances in the middle layer of the tissue. These core materials are the most sought after by dandy man who want to keep skin full of life in tissues daily use.Customer service Exemplary service is required to build a sustainable business that has a loyal customer base.2.1.3 Market TrendsWith men becoming more involved with their gr ooming habits and the explosive growth in the mens segment we saw a huge opportunity to introduce the male consumer tissue to a new pro piazza in skincare. Younger men are clearly more interested in taking care of themselves than their fathers or even their older brothers. But is it because resistance sexuality has become more widely accepted by the masses or simply because of their generations habits?Its a generational thing. The guys in these generations get their bodies waxed, work out, style their hair, go to tanning salons, etc., more than their predecessors. they were raised on MTV, the Internet and reality shows, every minute of their lives is a photo-opportunity, they of all time want to look like theyre ready for their 15 minutes of fame, and dont think theres anything feminine about that.Using metro sun block among groups of friends going to beach or swimming pools which is really germane(predicate) in Malaysia because of its climatic situation is a notable trend.Another trend is using metro aroma in groups of boys parties and special ceremonies and weddings with wide range of aromas which can satisfy different tastes in wide range of groups.The other trend is using of Kleenex metro with vitamin E for nutritive and rejuvenating the skin especially among men between 30 to 45 years old who strongly have desire to be always in centre of attention still keeping their skin nourished and shiny to make them more attractive.2.1.4 Market GrowthWith changing men habits of fashion life and aid to show more and more attention to be sensitive about their appearance, the market for men care products is growing. As men using these kinds of products, a lot of companies are trying to establish new product line in their portfolio specially designed for men. By increase in number of producers and variety of men products, the companies should try to set the bells still competitive to remain in this market and grow in the same time to satisfy rate of growing throng in this market segment.2.2 SWOT AnalysisThe following SWOT analysis captures the key strengths and weakness within the company and describes the opportunities and threats facing Kleenex.StrengthsWeaknessesStrong market locate and brandsdiversify business portfolioStrong growth in revenues and pull insLack of scaleBusiness concentrationOpportunitiesThreatsGrowth in Asian marketsAcquisition and alliancesincrease preference for natural personalcare products impatient competitionincrease oil termss2.2.1 StrengthsStrong market position and brandsKimberly-Clark has a strong market position. It has operations in 36 countries and sells its products in more than 150 countries. The company is well-known for its family care and personal care brands. It holds the first or the second position globally in terms of market share in more than 80 countries. Focus on building brands has helped Kimberly-Clark capture a strong market position. The companys brand portfolio includes some of the most p opular brands of the world such as GoodNites, Cottonelle, Kleenex, Scott, Andrex, Hakle, Huggies,etc. The companys brand recognition has helped it to achieve consumer loyalty overtime ensuring a high market share.Diversified business portfolioKimberly-Clark has a diversified business structure. The companys operations are carried out through personal care, consumer tissue, Kimberly-Clark professional and others, and health care segments.The companys personal care segment contributed 41.4% of the total revenues in 2007 consumer tissue derived 35.4%, Kimberly-Clark professional other 16.6%, health care 6.6%.The companys revenues grew by 9.1% in 2007, because of higher sales volumes, favorable currency effects, increased net selling prices and an improved product mix. The company is not over dependent upon on any one business. A diversified business portfolio helps the company have it off with fluctuations in any one of its businesses and has led to a stable revenue growth.Strong gro wth in revenues and profitsKimberly-Clark has recorded a strong growth in revenues and profits in the last few years. Its revenues have increased at a compounded annual growth rate, CAGR (2005-2007) of 7% from $15,902 jillion in 2006 to $18,266 million in 2008. The companys lucrativeness has also increased in upstart years. Its operating profit increased at a CAGR (2005-2007) of 6% from $2,311 million in 2005 to $2,616 million in 2008. Similarly, the companys net profit also increased during (2005-2007) from $1,568 million in 2005 to $1,823 million in 2007. Robust fiscal performance strengthens the financial position of the company and provides a platform for future growth.2.2.2 WeaknessesLack of scaleThe company lacks the scale to compete with large players in the industry. Many of the companys competitors are much bigger in size in terms of revenue generated and number of employees. Kimberly-Clark generated $18,266 million and employed 53,000 people in 2007, while one of its ke y competitors, Johnson Johnson (JJ) generated revenues of about $61,095 million in 2008 and employed about 119,200 people worldwide. Another competitor, The Procter Gamble Company (PG) generated revenues of about $76,476 million and employed 138,000 people in 2007. Owing to its relatively microscopical scale of operations, the company could find it difficult to face competition.Business concentrationKimberly-Clark has concentrated operations both in terms of geography and customers. In the pecuniary year 2007, the company derived approximately $10,192.1 million (53.9%) of its revenues from North American region out of which $9,875.6 million (52.2%) came from the US alone. In terms of customer concentration, Wal-Mart, the companys largest customer, contributed approximately 13% to its revenues since 2005.High dependence upon a single large customer like Wal-Mart could reduce the bargaining power of the company. Any decrease in revenue from this customer could have an adverse effe ct on the companys revenues and profits. moreover, the company is exposed to risks associated with the single economy, while its competitors such as The Procter and Gamble Company with significant operations in other countries are guarded against such a risk.2.2.3 OpportunitiesGrowth in Asian marketsThe consumer products and personal care products businesses are driven significantly by tierce basic demographic factors population growth, household formation and household income growth. These factors are now driving strong growth in many of the companys developing markets including Asia, especially India and China.The companys sales increased in developing markets by 12% in 2008. In addition, in the categories in which Kimberly-Clark competes, developing countries currently represent a $4.5 million market that is predicted to reach $5.2 billion by 2010. Moreover, the company has its operations in 36 countries. This provides Kimberly-Clark with the opportunity to enhance its market share as well as expand its presence in other categories.Acquisition and alliancesKimberly-Clark has been expanding its portfolio of services by entering into strategic agreements, and acquiring organizations to strengthen its position in the industry. For example In January 2007, ICG Commerce a leading procurement services provider signed a five-year contract to provide certain sourcing and supply management activities for Kimberly-Clark Corporation. This move will will Kimberly-Clark to direct its resources on innovation, brand-building and other capabilities that will drive long-term sustainable growth.Further, In March 2008, Kimberly-Clark reached an agreement to purchase the remaining stake in its South African subsidiary, Kimberly-Clark of South Africa (K-CSA) from The Lion Match Company wholly-owned subsidiary of FASIC Investment Corporation Limited. K-CSA is a leading manufacturer and marketer of tissue, personal care and business-to-business products and also markets Kimbe rly-Clarks line of health care products. Kimberly-Clarks increased ownership in K-CSA will enhance its growth potential in African region. The companys alliances in these areas would allow it to further strengthen its existing business or gain a strong foothold in new sectors and markets.Increasing preference for natural personal care productsSome consumers are realizing the power of treating their skin with vitamins, botanicals and avoiding such ingredients as parabens and sulfates. Consequently, natural and organic products are being seen and appreciated as being safe, efficacious, earth-friendly beauty solutions that are better for ones well-being. Another reason why natural ingredient based skincare and personal hygiene products are perceived as better and better is that natural as a standalone word/concept strongly implies a healthy balance. In that way, it can elicit an emotional response from consumers and therefore has strong relevance to emotional wellness. Kimberly-Clark can capitalize on this growing trend by launching more natural personal care products.2.2.4 ThreatsIntense competitionThe personal care businesses are characterized by concentrated competition throughout the world. The company competes in selected product categories against a number of multinational manufacturers. In addition to products sold in the mass-market and demonstrator-assisted channels, the companys products also compete with similar products sold in prestige department store channels, through door-to-door or mail-order trade or through telemarketing by representatives of direct sales companies. Brand recognition, quality, performance and price influence the consumers choice among competing products and brands. Advertising, promotion, merchandising, the pace and timing of new product introductions, line extensions and the quality of in-store sales staff also have a significant impact on consumers buying stopping points. Kimberly-Clarks major competitors include Georgia- Pacific Group, Johnson Johnson, Playtex Products and Procter Gamble Company.Increasing oil pricesFuel costs for the company represent a significant portion of its dissemination cost, thereby, affecting its operating margin. A number of the companys products, such as diapers, training and youth pants, incontinence care products, disposable wipes and various health care products contain certain materials which are principally derived from petroleum. These materials are subject to price fluctuations based on changes in petroleum prices, availability and other factors. The company purchases these materials from a number of suppliers.The crude oil prices have been increasing in recent years. The crude oil prices rose from $60 per barrel in October 2006 to $126 per barrel in May 2008. The price of natural gas has also increased. The short-term lookout man indicated further increase in oil and natural gas prices. The surprise fall in US energy stocks and Organization of the Petroleum E xporting Countries (OPEC)s decision to stick to its current output levels are expected to keep oil prices above the key $100 mark. Higher fuel prices are likely to have a direct impact on the companys distribution cost and may directly affect its margins.2.3 CompetitionKimberly-Clark Corporation is forming its own market for male tissue products. Although there are companies that do make tissues and toiletries, So far the Kleenex is the only brand thoroughly designed for men, especially metro-sexual.2.4 Product continueingWe decide to offer three products for the first run, all of them have been designed to attract the target market of metrosexual men, although have potential attractiveness among other groups. These products are designed to be easily hold and used by target market and have a clear advantage because of their special life styleTissues with Vitamin E supply and rejuvenate the skinTissues with Sun block creams protect skin from UV damageTissues with Aroma perfume attr acting, relaxing and anti stress effectThey also have been designed in three packs for ease of use and different rate of use50 tissue pack25tissue pack10 tissue pack2.5 Marketings key success factorsThe key to success is designing and providing something special for a relatively high portion in market that matches their require and have potential to go further of their expectation because of its high quality material and special features which have been introduces new to market and has the support of one of the best brand tissue companies (Kleenex), so it already has a good name because of the brand and by combining it with high quality and special features according to customer needs and demand can achieve a reasonable success in the market.2.6 Critical issuesUsing the Kleenex brand reputation this product should be always monitored in order to keep the quality high and constant.Pursue and control the growth rate to ensure that this product line revenue always exceeds the expenses to ensure the profitability of this product line.Customer satisfaction should be carefully monitored to prevent the thread of new similar products. In other word it should always exceed the customer expectation.3.0 Marketing strategyThe marketing strategy for introducing and maintaining this product is focus on male care and increase in attractiveness of this issue among the group which covers a high portion of Malaysia population (20%) that prepares the grounds for achieving reasonable and successful growth in this market. Special differentiation of this product is its nourishing and rejuvenating feature. (3)3.1 Corporate missionKleenexmetro strive to provide the finest special application tissues in combination with best quality resources. We recognize that only companies that build sustainability into the way they do business will have enduring success. Our business relies on natural resources such as wood fiber, energy and water. It is clearly in our best interest to design pro ducts and manufacturing processes that observe these resources and secure their availability for the future.Measurable and attainable headings short term / long term goals3.2 Marketing objectives of the planMaintain positive growth by diversifying products for different purpose of usages, for example developing new products using during body building or other physical exercises, (Product development strategy.)Trying to steadily increase demand by penetrating among other male and/ or female groups (using in beauty salons, sport teams)3.3 Financial objectivesIncrease sales by 2% in the year 2011. (1)According to Malaysian demographic profile (2009), population growth rate is 1.7%, we use this figure in financial growth rate and assume that financial growth rate is 2% accordingly.Allocate 10-15% of sales revenue to RD projects each yearAllocate 5% of sales revenue to corporate sociable responsibility each yearAchieve 30% sales growth rate till 2013. (10% growth each year)(2) We have used NIVEA for men annual report, using its sales growth forecast here.3.4 Target markets profilesNow the number of men who are changing their purchasing habits towards personal hygiene, grooming and physical appearances products is increasing.So, all men who take care of themselves and concerned with their appearance are our target market. We call them Metrosexual Men. The age interval of this segment is between 18 to 45 years old, with 60% concentration on men around 18-25 years old, men who really care into rejuvenating and protecting skin during their daily life. The income of dandy man is the privy of attractiveness of this segment which is relatively high. In addition the growth rate of this phenomenon is tremendous over the past several years.(3) According to Malaysia demographics profile 2009, male population between 15-64 years is now 8,210,373(31.9% of total population of 25,715,819) we assume the population between 18 to 45 years old to be 20%.More than 27% of men are us ing these products nowadays. However, another 35% of men today say that they are interested in trying them, but have not yet made the leap.(4) These figures are based on the results of our questionnaire survey.3.5 PositioningKleenex Metro, using Kleenex brand tissues trademark and industrial experience in the market since 1924, wants to position itself as the premier company in producing and offering high quality nourishing, rejuvenating and anti- UV tissues especially designed for dandy men.3.6 StrategiesUsing Kleenex as a well-known brand among the society the marketing strategy tries to attract customers among groups in several ways. First one is redesigning the Kleenex website, allocating a dominant position to Kleenex metro. Second and major one is promoting by viral marketing as our target segment have rigorous relation and connection to internet, specially websites, blogs and emails. The third strategy is using notable brand ambassadors for promoting the product on boards in cinemas, fashion magazines and related literatures. Using brand ambassador is relatively high cost advertising but has a great effect on this target market. After customer awareness we focus on other comparatively low cost options especially viral marketing and websites.3.7 Marketing MixProduct positioning product description, value added featuresValue Proposition Statement (VPS)The extra ordinary new feeling of new Kleenex Metro-softness with fabulous odor, more lively rejuvenated skin for those who indulge in metro-sexuality.Point of Parity (POP) Softness and fabulous odor are the both major similarities of this product and others.Point of Difference (POD) Nourishing and rejuvenating the skin could be considered as the two main differentiations of the product.Price- Pricing strategy, incentives (sales, discounts)The pricing objective is a combination of four subjects first and for most, affordable luxuries is the most considerable objective for this product, since it characteri zed by high levels of perceived quality and status among the consumers. Secondly, as the company has been produced tissues for many years it plagued more with intense competition and changing consumers wants. Hence, survival could be mentioned as another objective in this situation. Thirdly, it is better to set the price that provide maximum marginal profit that in turns lead to maximum current profit, cash flow or rate of return on investment. Therefore, maximum current profit is the other objective for the company. Last but not the least, as producing the new product requires a relatively new technology, it is better at first to set higher price compare with normal product and slowly lowered over time. Then, market- skimming pricing is the other objective.Price setting method We select a method of combination of the value perceived by the consumers and their assessments and the competitors price and the price of substitutes. In fact, there is a mutual relationship between consume rs and product on the one hand the product should deliver the value promised by its value proposition and on the other hand the customers must have perceived this value, so the gift pricing could be charged in this situation. Although, our product has some unique aspects, we considered the some products that maybe seem to look like our product in some other criteria too. Therefore, we have mentioned the price of those products based on the survey that we have done through some supermarkets, super stores and pharmacies (Carrefour, Cold transshipment center, Watson and Vita care).Elasticity of demand Since the luxuries aspect of the product is more dominant, its demand relatively hardly changes with a small change in price, hence, we can consider that it is inelastic.Price With consideration of especially these two previous items (the method and inelasticity of demand) and some other criteria like tendency of customers to process the prices in left-to-right manner we set the price f or our product as belowIncentives for increasing sales volume Discount and Allowances are two major categories that we could mention in this situation, especially for early payment (below than 15 days) and more volume purchases by the customers. Furthermore, we can consider some functional discount or trade discount for some channel members if they will perform certain functions that specified by the company for instance if they could keep the records, the company can allocate extraordinary discount to them.C- Place-sales area, distributionAt the beginning we have just considered Malaysia as our distribution area.Channel of distributionSelective distribution All the retailers and intermediaries willing to carry the products.Marketing channels retail stores, wholesalers/distributors and sales force.RetailersDepartment store Parkson, Metrojaya, Isetan and JuscoSupermarket Cold StorageSuperstore Carrefour, Tesco and GiantSpecialty stores Guardian, Apex, Prima Health and WatsonSPA cente rs that regularly visited by our target customersMens salons and barbershopsWholesalerAll merchant wholesalers (full-and-limited service jobbers and distributors)Competing brand No relevant competitor most likely have a lower price rangeD Promotion advertising methods, public relationsWe want to use two major marketing communication mixesPersonal influence channels1-Distribution of free 10-15 tissue sample packs at strategic business locations during the rush hours (especially at weekends nights).2-Appointment with spokesperson, celebrities and brand ambassadorNon personal communication channelsSales Promotion we intend to draw stronger and quicker response from buyers, moreover, we want to highlight our product offer, hence we can mention about consignment booths, product samples and prominent shelf displayers in the outlets.Place Advertising we want to increase the number of spontaneous buying decisions, so we can apply for using ads on shopping trolleys, shelves, floor space, i n-store demonstration.Publicity and PR we intend to attract attention to the product launch and bring credibility, therefore we had better to consider about special events, sponsoring celebrations the national and conventional events, press releases in this situation.Advertising as we want to increase the number of consumers who utilize the product and recognize it as a value product, we must apply for advertising on Newspapers, Magazines especially for Male, Outdoor, highway billboards and Internet)We will also focus on Kleenex website and use of viral marketing in our strategy for advertising and promoting the product.Finally, as we have specified our audiences all men especially Juvenile and young men (18-45 years old), we can follow the communications process model effectively in most of the relationships and communications with our customers.3.8 Marketing ResearchAs Kleenex is a very well-known brand and has a strong experience in launching and establishing many kinds of tiss ues, it has a good opportunity in testing its new products using its facilities, laboratories, scientists and experts. It has also a good position in tissue market to convince the customers in free toll zones for example for tourists and people who go holidays in special zones, such as Penang or Lankawi in Malaysia to achieve a strong feedback from its customers and improve the product.4.0 FinancialsThis section will offer the financial overview of Kleenex Metro, from the sales forecasting perspective. We do believe that we should take into consideration the conservative sales forecasting in order to have a more realistic estimation. For making related the financial overview to marketing activities and marketing expenses, we can expect to cover the marketing expenses from the sales of the second year.The expenses forecast will be used as a tool to keep the department on target and provide indicators when corrections or modifications are needed for the proper implementation of the m arketing plan.The purpose of the financial part of Kleenex Metro marketing plan is to serve as a guide for the organization. The revenue, expenses, customer satisfaction, and etc will be monitored to gauge performance.Key planning assumptions (sources of information)(1)According to Malaysian demographic profile (2009), population growth rate is 1.7%, we use this figure in financial growth rate and assume that financial growth rate is 2% accordingly.(2)We have used NIVEA for men annual report, using its sales growth forecast here.(3)According to Malaysia demographics profile 2009, male population between 15-64 years is now 8,210,373(
Tuesday, June 4, 2019
A Critical Appraisal Of Emirates Airlines Public Relations Marketing Essay
A Critical Appraisal Of Emirates Airlines Public Relations Marketing Essayvirtual(prenominal) public traffic may be defined as the utilization of intelligence agency or print media to publicize the positive image of our company and its w ar and services along with its business operations methodology it also includes creating and ontogenesis good dealingships with local media representatives, clients and community.HistoryEmirates Airlines commenced its business operations in the year 1985, with the fiscal resources of $10 million and machinery resources of 2 rented aircraft. The formation of a company was the response of Gulf Air towards its cut back business operations. Its maiden flight commenced towards Karachi on 25th October 1985. Emirates Airlines created a remarkable record by earning maximum profit within 9 months of its business operations. New destinations have been supplemented by Emirates which includes Bombay, Cairo, Colombo, and Dhaka. After the rarity of two years it enhanced its destination to Europe commencing with London. Apart from them enormous destinations have been added by Emirates in rapid progression.Mission and VisionEmirates Mission includes go alonging and maintaining the invariable growth of its business with a growth rate of 20% in the upcoming years.The Vision of Emirates is to create and sustain the market leadership which seems ahead of cautious track.Brief Description of Emirates AirlinesEmirates Airlines is the part of the Emirates Group, a leading group of UAE having its globose presence in worldwide markets with an impressive brand image in the expanse of travel and tourism and aviation. The hub of Emirates Airlines is situated at the International Airport in Dubai and its group is possessed by the Government of Dubai. It is operated as the national airlines of Dubai and UAE. It has 2400 passenger flights per week providing services to the worldwide passenger to reach their destination. It is the top most airlines of the Middle East, winning maximum awards for its augmented business operations and services.Figure Organizational grammatical construction of Emirates AirlinesMedia Relations of Emirates AirlinesMedia resemblances serve uped a lot to keep the Emirates Airlines in the worlds media headlines. During the last year, the company has invested more than US$ 187.7 million for over 40600 media articles which is equivalent to the value invested for the advertisements. With the help of such(prenominal)(prenominal) investment, the company approached a great client reach and media analysis shows that customer coverage gives an overwhelming and positive response. Emirates Airlines first A380 aircraft have grabbed the great media care globally even though the Emirates airline is not the first airline to launch such aircraft.The renounce ceremony in Hamburg witnessed more than 800 journalists and celebrities. Through this ceremony, the media relations of the Emirates Airlines have received th e global reach by office of interviews with the higher authorities of the company and the key aviation writers who have experienced the product and services of such bracing and ripe aircraft. During the six month campaign of such launch and renouncement, the company has received more than 1000 media requests to provide the information and images of the newly innovative product. Due to these intemperate media relations of the company, more than 1000 aviation and lifestyle writers have experienced the services of the newly launched product and provide their positive feedback by awarding it as a next generation aviation technology and travel comforts through such media only which ultimately affect the global customer reach and helps to attract more and more potential customers.The opening of new Emirates terminal 3 at the Dubai International Airport was spread among the advisories and travelers through these strong media relations of the company. Media relations emphasized non-ho mogeneous aspects of the new terminal in order to enhance the makes to the customers which attracted a vast potential customer field towards the products and services of the company. In order to strengthen the Media Relations, the company organizes media tours, video recording and photography opportunities for various journalists in e really six months. Besides the main news of the company, the global media relations also provides the media coverage to the launch of various other destinations of the company in all over the global market which attracts the potential customers towards the louver star best airlines of the world.Media relations also support various other differentiated products of the company such as luxury hotels through public relations strategy and they also provide media support for facilitating its portfolio to other hotels. The internal awareness team of the company has launched a new interactive group world which keeps keep an eye on over the internal campaig ns through integrating all the channels of communication including media relations which provides strength to the company to enhance the customer reach. lodge Relations of Emirates AirlinesCommunity relations include the friendly responsibility of the company towards the stakeholders which affects the success of the company a lot. With the advent of liberalization of traffic rights, the Emirates Airlines have developed a new department of public affairs and government engagements. The department of public affairs launches a campaign in order to help the company in expectant down the air passenger duty by the UK government. It had launched a new publication which shares the airline industry news and related international policy news. This feature is also added to the website of the company. Industry affairs are trying its level best to represent the Emirates airlines at the IATA agency and services conference in relation to twain the passengers and the cargo operations.The Company also has joined the Billing and Settlement Plans with 99 other countries. The industry affairs initiate the web sales through the industrial banks facilitated by the travel agents and thus adopt the IATA resolution changes. The surroundingsal affairs launch various environmental policies which tend to make the Emirates Airlines as the most Eco informal airlines of the world. The ever largest single recycling program is the part of such projects which tends to collect thousands tones of paper, cardboard, plastic and aluminum from the various buildings nameed with the company.Consumer Relations of Emirates AirlinesConsumer relations are really essential for any company in order to satisfy them with the product and services through resolution of their problems and complaints and make them the loyal customer for the future work of time. For enhancing the consumer relations, Emirates Airlines have separate Customer Affairs and Service Audit (CASA) centers at various locations of ea ch destination which understand and resolves customer problems and complaints. Last year, CASA continued to be decentralized by opening a new office in Johannesburg, Osaka, Hong Kong, and Tehran which adds the strong network to the existing CASA centers at UK/Europe, America, Australia, New Zealand and India.The ripening of such network helped the company in handling the complaints of the customers as it has shown 50 percent improvement in solving out such problems. This center helps the customers to be dealt with concern at the local level itself and their problems get solved more effectively than earlier. Due to this service improvement in handling problems, 66 % reduction in Baggage Claim Processing has been observed. The company is planning to develop the training and development plan for the CASA employees so as to improve their skills in handling the customer problems more efficiently and effectively. The Knowledge Portal will support such plan in order to share the related d ata and information. CASA shows an empathetic, caring and modify behavior towards solving the customer problems and complaints and providing full support to the customers to satisfy their expected standards and quality to make them loyal customer for the products and services of the company.In order to sustain the growth, quality standards and reputation of the company, the Service Audit Team continuously controls and monitors the standards of products and services. The Mystery Shopper team of the company monitors and evaluates the contribution of the staff towards maintaining the expectations of the customers. Service Audit evaluates all the customer services regularly in order to deal with the customers more effectively. These services involve service delivery, airport services, skywards, and the call centers operated worldwide to solve the customer problems. discussionThough the public relations of Emirates Airlines impact a lot on the international media and the potential custo mers yet the company PR need to adopt various changes as per the requirement of competitive environment in order to take the full competitive advantage of the global international market. Though the company has the strong media relations which provide a great exposure to every event held in the company and the company also provides great opportunities of news and events to the media yet thither are various changes which are yet to be implemented. These changes involve the use of social media for strengthening the media relations of the company. Now a day most of the companies are using social media such as Facebook, twitter, MySpace and various other social networking sites in order to have great exposure from the customers and the media.The same development is employ to the customer handling departments, to provide ease to the customers for communicating their problems and complaints, most of the companies are now taking help of social networking sites and the internet which is th e quick and easy means of communication nowadays. The community relationships such as social events and other environmental firsts are now being spread and run through the social networking sites by various companies. In this relation the Emirates Airlines are lacking as it is not using the easiest and the renowned means of public relations and communication. Though the company is developing various kiosks to handle the customer requests, problems and complaints, though it is taking various environmental and industry affairs initiatives, though it is providing various opportunities of media exposure, yet it needs to use the social networking sites as the strongest and magnanimous means of public relations in order to strengthen the organization efficiently and effectively.In relation to customer problem and complaints handling, the initiative of the company to run CASA ad providing training to the employees to solve the problems and complaints of customer effectively is really app reciable as compared to the other companies of the same industry. The media opportunities and other community development initiatives of the company are remarkable and appreciable in relation to fulfilling the corporate social responsibility.ConclusionPublic Relations play a very prominent role in maintaining good rapport with the customers, media and community. Public relation helps in spreading information regarding the company to the target group of customers. It serves as the most be effective tools of promotion which helps with the publicity of the companys products and services. The information publicizes through public relation are comparatively effective on a long term instauration and on the large geographical areas in comparison to other promotional tools and techniques. Emirates Mission includes sustaining and maintaining the consistent growth of its business with a growth rate of 20% in the upcoming years.The Vision of Emirates is to create and sustain the market leade rship which seems ahead of conservative track. The Public Relation of Emirates Airlines with the customers, media and community prove to be very helpful in the accomplishment of its aforementioned mission and vision and it is also the secret behind its success and market dominance in UAE. In relation to Public relations department, the company is doing well and most of its initiative is appreciable yet there are various changes and updating as per the competitive environment which are needed to be adopted and applied in order to have pace with the changing business environment.
Monday, June 3, 2019
Inflammatory Bowel Disease: Types, Causes and Treatments
Inflammatory Bowel Disease Types, Causes and TreatmentsThe digestive system plays a huge role in the survival in all medicational accompaniment animals and our digestive system, through a series of physical and chemical changes, breaks down the food we eat into molecules that ar absorbed and used by the cells in our bo stifles. bid m whatever things in lifetime, we often take advantage of the systems in our body and do not take proper c be of our bodies. We only seem to chip in attention to them when approximatelything is going wrong. Inflammatory intestine disease, in any case known as IBD, is one of many common diseases that affect hundreds of thousands of wad in North the States every year. Inflammatory bowel disease is not a disease in itself rather it is a name for a group of similar disorders. The dickens main types of inflammatory bowel disease atomic number 18 known as Crohns disease and Ulcerative colitis. Both disorders cause parts of the digestive tract (most commonly the large or small intestines) to become inflamed. This paper pull up stakes outline some details close inflammatory bowel disease including its causes, diagnoses treatment, life bolt changes made when diagnosed, and some other issues.Causes of IBDDoctors and scientists have been researching the cause, unless they are still not certain as to what exactly causes them. It is believed that the inflammation caused by IBD is contributed to by ternion main factors. These factors are the genes one inherits, ones immune system, and a foreign substance (an antigen) in the environment. It is believed that this foreign substance is either directly causing the inflammation or the antigen triggers the bodys immune system. Once the immune system is triggered it begins to produce inflammation as an attempt to destroy the antigen, but in cases of IBD inflammation kitty not be controlled. Though the patients immune system begins to defend the body, it does not know how to properly s top at the correct time which whitethorn cause extreme restoration to the digestive tract due to inflammation and eventually will cause ulcers (sores) 1.Other causes of IBD have to do with ones genetic make up. It is believed that IBD abide be associate to ones race, family history and genes. IBD can affect some ethnic groups more than others. IBD was first believed to only affect Caucasians but recent reports have changed that view. There is a enjoin of 149/100,000 Caucasians that are infected in America, but Jews of European descent living in North America are 4-5 times more likely to puzzle the disease than people of other ethnicities2. There are also reports of higher cases of IBD in those of African descent, but there are lower infection rank in Asians and Hispanics. Studies also show that 10-20% of people who are affected by IBD will have a family history of having the disease. This means that greatest possible pretend to contracting IBD is if someone in your family has been diagnosed with it before. Those who have family members who have been affected are 10 times more likely to be infected and if the infected sexual intercourse is a brother or sister, chances of getting IBD increases 30 fold3. Scientists also have come to believe that the NOD2 gene may be linked with IBDSymptomsInflammatory bowel disease is not curable and will affect patients sporadically through out their feels. Symptoms vary from person to person when it comes to IBD and will flare up and die down at different times in a patients life. The most common symptoms are diarrhea, cramps and rectal bleeding. IBD can also affect ones joints, eyes, and skin and some children who suffer from Crohns may experience delayed growth and sexual development. IBD is a disease that will affect a patient for many years and symptoms will come and go, sometimes more severe than other times. Along with typical symptoms patients may feel other complications as well. Common complications in patient s of IBD allow in intestinal clotures caused by swelling. The blockage will lead to narrower intestinal passages and thicker bowel walls. Medication can be used to remove these blockages, but if they are serious they may need surgery. Nutrional deficiencies may also be a complication often occurring in those who have been diagnosed with IBD for a very long time. Their bodies will have troubles with take up proteins and vitamins, which may lead to a deficiency. Vitamin supplements may be needed in these cases. Sores and ulcers are also a common complication. The ulcers may cause a fistula (a hole that leads from one loop of the intestine to another) to develop. These holes may lead to the bladder, vagina or skin and may become infected. If small enough, fistulas may be treated with drugs, but if serious enough surgery may be required.5Chrons DiseaseThere are 5 main types of Crohns disease based on the general field of operation that is being affected. The complications and symp toms of Crohns are different depending on what area of the intestines are inflamed.Ileocolitis This is the most common form of Crohns disease that affects the ileum. The symptoms that come with ileocolitis include pain in heart of the abdomen, cramping, and diarrhea. Ileocolitis can also cause weight loss.Ileitis This form of Crohns only affects the ileum, but results in the same symptoms as ileocolitis.Gastroduodenal Crohns disease Occurs in the stomach the duodenum. Symptoms may include loss of appetite, nausea, and weight lossJejunoilletis Jejunoiletis causes patchy areas of inflammation in the jejunum. Symptoms include cramps following meals, diarrhea and include pain in the abdominal region that ranges from tame to severe.Crohns colitis This form of Crohns only affects the colon and causes diarrhea, rectal bleeding, and other diseases around the anus including ulcers.6Ulcerative inflammatory bowel diseaseThere are also many form of ulcerative colitis, but they have almost the exact same symptom as some forms of Crohns disease.Ulcerative Procitis The inflammation in located in the rectum and in around the bend cases, rectal bleeding may be the only symptom. In more serious cases one may feel sudden urges to go to the bathroom and tenesumus which is a term describing painful and ineffective bowel movements.Proctosigmoiditis Inflammation is located in the rectum and the last section of the colon (sigmoid colon). The symptoms are the same of those that come with ulcerative procitis.Left- side of meatd Colitis Inflamation in the left side of the colon (rectum, sigmoid colon, and descending colon). Also called limited or distal colitis. The symptoms caused by left-sided colitis are pain on the left side of the abdomen, weightloss and diarreah.7DiagnosisAccording to the Crohns Colitis Foundation of Canada by fall of 2008, about 200 000 Canadian8 and according to the Crohns Colitis Foundation of America about 1.4 million Americans9 have been diagnosed with I BD. IBD tends to infect those who are between the ages 15-35 years of age, but is not limited to those few. It can also occur in younger children and people as old as 70. A staggering 10% of those who are affected by IBD are under the age of 18. Because of the high rate of IBD it is meaning(a) to have the disease properly diagnosed. Inflammatory bowel diseases symptoms are very similar to many other diseases so doctors must be careful when diagnosis the disease and it may take a long time. Some common tests to diagnose IBD include endoscopies examining the colon, the sigmoid colon, esophagus, or the liver and pancreatic duct. Different types of radioscopy test can be used as well including x-rays, CT scans, MRI, white blood cell scans, and ultrasounds. Sometimes a small piece of waver from the infected area may be cut out for closer analysis. This can further help doctors diagnose IBD.10Treatment As of now, there isnt any known cure for IBD. Once a patient is diagnosed IBD it is important to properly treat the disorder in order to keep ones symptoms in check. The most common form of treatment is the usage of medication.There are many types of drugs used to treat patients with IBD. Aminosalicylates are one type of drug used that are meant to patch up inflammation caused by IBD and is usually used to treat mild symptoms. Asacol, Colazal,. Dipentum, orPentasa, are all examples of aminosalicylates. Corticosteroids, the second type of drug which is usually used in decline to severe cases, are given to patients to suppress ones immune system. Prednisone and methylprednisolone are the types of corticosteroids and they can be dangerous because they may cause some long-term side effects. The third type of drug used to treat IBD are immune modifiers. These are used to heal fistulas in the intestinal tract and to help quail ones dosage of corticosteroids. Azathioprine (Imuran), 6-MP (Purinethol), and methotrexateImmune modifiers are some examples of this. Just like many other diseases IBD can also be treated with the use of Antibiotics. Antibiotics like metronidazole, ampicillin, and ciprofloxacin, are just a few of the types that can be used. Also biological therapies can be used to treat IBD. There are many types and all(prenominal) serves a different purpose. For example Inflixmiab (Remicade) is a drug made of 75 percent human, 25 percent mouse protein and is an antibody. This antibodies function is to block ones immune system. This blockage stops the immune system from making a chemical called tumor necrosis factor-alpha (TNF-alpha), a chemical that is made by the bodys immune system to compound inflammation within the body. By stopping the immune system from making TNF-alpha, inflammation caused by IBD can be prevented.11Eventually medicinal drug will not be enough to control the symptoms of IBD. 66%-75% of people diagnosed with Crohns will eventually need surgery in their lives. Surgery may be needed to reanimate a fistula, clear bl ockage in the intestines, or to remove a section of the intestines. In cases of IBD, surgerys main function is to try and keep as frequently as the bowels intact and helps patients live a high quality life.12Societal issues and Life Style Changes Along with proper medication certain lifestyle changes can be made in order to reduce ones symptoms and improve overall health. Special care should be taken to make sure one is receiving a healthy diet. Often those who are diagnosed with IBD have a loss of appetite because of nausea which may lead to an improper amount of food intake. The disease also increases the amount of calories needed by the body. Also IBD causes diarrhea and is linked to problems with absorption of protein, fat, carbohydrates and water. All of these take away essential nutrients from the body and proper nutrition can help return those nutrients to the body. Also when experiencing some of the symptoms of IBD one should avoid eating any high-fiber and spicy foods beca use they may cause even more discomfort.13Inflammatory bowel disease is very common among people in North America and because of this people may feel ablazely stressed when they find out they are diagnosed with IBD. This is a major societal issue because of how common IBD is. People may struggle to cope with the chronic pain accompanied with IBD. It will begin to in truth affect ones quality of life. Ones physical and emotional well being, self-esteem, and ability to function in social groups may be affected. Patients who are diagnosed with IBD should try to receive emotional support from their families and doctors. Though psychiatric help is not mandatory it may also be a good idea to talk to a therapist. tense up plays a role in IBD. One should try reducing stress to help avoid a flare in their symptoms. Regular Exercise, yoga, and listening to music are just a few ways to relieve stress.14Environmental IssuesResearches do not know why, but IBD is more common in areas that are more developed. Cases of IBD are usually found in the U.S. and Europe. IBD is more common in northern climate and in urban areas, rather than southern climates and rural areas.15Societal IssuesAs previously stated Crohns and Ulcerative Colitis do not have a known cure and are a life long disease. IBD is treated with numerous types of medications and surgery. The problem with this is that those who are uninsured and are diagnosed with IBD must pay thousands of dollars over the courses of their life in order to pay for medicine and surgery. In fact reports from the market research firm GlobalData states that in 2008 $1.4 billion in revenue was made from sales of medication related to Crohns That number is pass judgment to go up to $2.1 billion by 2015.16Ethical IssuesThere have been cases where people with Crohns have received stem-cell transplantation. One boy was diagnosed with Crohns disease when he was 13 and had received regular treatment for Crohns. He eventually developed non -Hodgkins lymphoma when he was 20 and received a stem cell transplantation to fight the lymphoma.. He did not receive the stem cell for his Crohns, but for 7 years after the transplantation he did not have any symptoms for Crohns17.This raises a perplexity whether or not stem cell research should be used to treat IBD. Stem cell research has raised many debates on how estimable it is. There have been many debates whether or not stem cell research should be allowed or not.ConclusionThere currently is not a cure for IBD, but those who have been diagnosed should be aware of symptoms, causes, and the all the possible things they can do to improve their lives. Research is being done and scientists have been works hard to try and improve treatment for IBD and eventually find the cure. People who have been diagnosed will face some challenges, but they should go on to live long healthy and happy lives.
Sunday, June 2, 2019
Levis Dockers Marketing :: Business Marketing
Dockers Creating a Sub-brand Report1.How would you characterize Levis branding strategy in general?Levis is a brand recognizable in the whole wide world. There is no person who wouldnt be able to sort out correctly the Name with the product. LS&Co has managed to create something timeless, just like their classical 501 blue jeans.Although their branding message was changing slightly during the time, they kept core value and traditions untouched. Comfort, uniqueness, quality and emotional impact these were always the main associations with the brand. However, other features were being emphasized as time was going by. First connotations were simple jeans are lens hood and rugged as men who wear them. This image of a 100% man was even strengthened after western movies appeared. Soon jeans, and so Levis brand which in peoples mind turned to be their synonymous, became a symbol of freedom, adventure and independence. In this moment, managers of LS&Co decided to expand the brand. plane though there where various new cloths introduced to the market 501 jeans remained their top-selling product. It was their new brand strategy to offer products for every life style, which turned to be a fiasco. Not only it didnt bring expected results, what is more, this to big diversification caused drops in sales. It was so decided to come back to the core product and its image. To strengthen the Levis position on a market, their launched a new campaign which emphasizes emotional connection between jeans and theirs owner. To wear 501 it is to be yourself they said. Company similarly took the advantage of changes that started to appear according to the dress code at work place. In that times company accentuated 100% cotton in Levis jeans, as baby boomer who grew up were seeking for natural fibers.Now Levis brand is supposed to be seen as a style for every bilgewater again emotional impact emphasized. But as we can see, although they stressed different features in differe nt periods of time, LS&Co maintained core values which they stuck in peoples mind quality, comfort, uniqueness and emotional impact.2. Analyze the Dockerscommunication strategy at the time of the launch. How did it fit in with Levis advertising efforts? How did it supply to brand equity?Dokers brand was introduced by Levis to contrast the change that was happening to blue jeans buyers.
Saturday, June 1, 2019
Affirmative Action and College Admissions: A Legal and Ethical Analysi
Affirmative Action and College Admissions A Legal and Ethical abstractI. IntroductionThe institution of public education has been 1 of the most controversial establishments in the United States since its inception. More specifically, equality in the conditions and the opportunities it provides has been sought as one of its major goals. There is little doubt that minority ethnic groups have struggled to achieve educational equality, just as they have struggled for equality in former(a) aspects of life. One way that minorities have tried to achieve equality in education is through lobbying for help in college admissions for their respective groups. This social practice has been debated on many grounds, including necessity and ethical permissibility.The debate over the necessity of equal opportunity in education for minority groups can be traced back to the perspective Civil War era. The well-known debates between African-American intellectuals W.E.B. DuBois and Booker T. Washi ngton focused on this issue. DuBois believed that the newly emancipated blacks should be slowly integrated into the ending of white America. He argued that the best way for African-Americans to further themselves in society was to embrace their differences and not try to be subjected to the same educational system as the majority population.On the other hand, Booker T. Washington believed that blacks needed to be declared completely equal to whites in every way. He wanted agile integration into all social institutions that were available to whites, including public education. Washington believed that this was the only way that equality could ultimately be achieved was to break down the social barriers between the races immediately and ... ...w.abanet.org/publiced/focus/spr98collad.html Alger, Jonathan. The Educational Value of assortment. The American Association of University Professors. Academe, January/February 1997.< http//www.aaup.org/publications/Academe/1997/aad ivart.htm Curry, Tom. Split Decision on Racial Preference. MSNBC News. June 2003.< http//www.msnbc.com/news/929326.asp?0cv=CA01&cp1=1 Hurdato, Sylvia et. al. Defending Diversity Affirmative Action at the University of Michigan. University of Michigan Press. 27 February, 2004.Orfield, Gary. Kurlaender, Michal. Chilling Admissions The Affirmative Action Crisisand the Search for Alternatives. Harvard Education Publishing Group, 2001.Orfield, Gary. Kurlaender, Michal. Diversity Challenged Evidence on the advert of Affirmative Action. Harvard Education Publishing Group, 2001.
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