Tuesday, August 25, 2020

Hong Kong Peoples Social Values Of Welfare Sociology Essay

Hong Kong Peoples Social Values Of Welfare Sociology Essay Subject: Critically look at the turn of events and changes of social estimations of government assistance held by Hong Kong individuals when 1997. What are the components influencing the changes? Government assistance is all aggregate mediations to address certain issues of the individual or potentially to serve the more extensive interests of society may now be comprehensively gathered into㠢â‚ ¬Ã¢ ¦ classifications of government assistance (Titmuss, 1959). The advancement in the social estimations of government assistance has consistently been changing consistently, especially the twentieth century. In conventional Chinese society, individuals used to accepted that social government assistance, or fuk lei, was given by kind-hearted givers in the public arena (N. Chow, 1994, p.325). In the mid twentieth century, the idea of social government assistance was still exceptionally feeble among Hong Kong individuals. Greater part of government assistance administrations were given by non-government associations before 1965 (W. S. Chow, 1993, p. 41). The circumstance changed after the distribution of the white paper of the social government assistance in 1965. Along with the a scent of social specialist, more individuals consider social government assistance is a piece of their social equality in the next decades. In 1997, the adjustment in sway of Hong Kong and the Asian money related emergency welcomed a noteworthy effect on the social estimations of government assistance. In the accompanying sections, I will quickly talk about the advancement of social government assistance in Hong Kong and the relating social estimations of government assistance, especially the progressions when 1997. As will be contended, there are both long haul and momentary elements that drove the changes. The previous would be the expanding thought of social equality and the last would be the Asian budgetary emergency in 1997, the adjustment in power of Hong Kong and the distribution of Comprehensive Social Security Assistance (CSSA) Review. In the mid twentieth century, dominant part of individuals considered government assistance was given by kind-hearted givers in the public arena. As Hong Kong was a province of Britain around then, the pilgrim government put their spotlights on ensuring the Britishs intrigue, especially the British traders. Consequently, the living condition and government assistance of neighborhood Chinese were not worried by the frontier government except if it meddle the enthusiasm of British. With this pilgrim foundation, neighborhood Chinese justified the idea of government assistance would not be given by the pioneer government. The Chinese shippers utilized their riches to build up and keep up their notorieties and influential positions through demonstrations of good cause (Leung, 1996, p.3). They set up associations and offered government assistance to local people. Among these associations, Tung Wah Hospital was the most vital altruistic association which cooked the clinical administrations and government assistance needs to local people. Aside from these associations, houses of worship and tribes man affiliation would likewise offer government assistance to local people as well. In the post World War II period, the circumstance had a somewhat change. In the post war period, an enormous number of non-government or deliberate government assistance associations were set up in Hong Kong. It is essential to take note of that the vast majority of these government assistance associations had their parent-bodies abroad. A normal case of these associations would be the Hong Kong Red Cross. During this crisis period, the globally connected government assistance association had most likely done considerably more than the administration in meeting the government assistance needs of individuals (N. Chow, 1994, p.324). In spite of the fact that the idea of government assistance is given by kind-hearted givers was debilitate, most of the Chinese in Hong Kong are as yet incapable to wipe away the customary thoughts of government assistance and acknowledge the cutting edge thought that it ought to be the obligation of the state to give the important social government assista nce administrations (N. Chow, 1994, p. 325). In the interim, a huge extent of populace was outcast from territory China (Due to the common war in China). Some portion of them considered Hong Kong is there brief safe house however not their home. Thus, government assistance advancement would not be their thought as they expected to leave Hong Kong soon. These components made there were just little weight gatherings would battle for the rights for local people in that period. The circumstance further changed after 1965. In 1965, the pioneer government distributed the White Paper on social government assistance. N.Y. Chow (1993) recommends that to be precise, the start of social government assistance strategy of Hong Kong was after the distribution of the primary White Paper on social government assistance in 1965 (p.41). The White paper was the primary government record that examines social government assistance strategy in Hong Kong. It clarified the government assistance improvement and incorporated the encounters from the turn of events. Additionally, it gives the stands of pioneer government toward social government assistance strategy and reasons that made the legislature can't execute far reaching social arrangement in Hong Kong. In spite of the fact that the White Paper has been accused for ailing inside and out conversation on the diagram of social government assistance improvement and the predictable difficulties, yet this White paper gives an es tablishment for the further advancement of social government assistance framework (W. S. Chow, 1993). The idea of social government assistance and government were done dissevering like the past. More individuals began to incorporate social government assistance into the job of government. The most fast change was found during the 70s. There were two main considerations that drove the change, the Big Bang of social strategy and the ascent of social specialist. The Big Bang of social arrangement was started by the 25th legislative leader of Hong Kong, Murray MacLehose. After MacLehose take office the senator in 1972, he had a solid awareness of other's expectations towards social government assistance, under his impact, revision of social government assistance strategy was fundamental (W. S. Chow, 1993, p. 52). Aside from it, the expanding social issues (for example the mob in 1966 and 1967, Corruption) drove the interest for governments contribution in social government assistance further expanded. These components asked the distribution of the subsequent White Paper of social government assistance in 1973. The point of the White Paper was allowing a multi year plan of social government assistance improvement and separating the obligation in giving social government as sistance among government and deliberate associations. The parts of social government assistance in the multi year plan included training, lodging, clinical help, social stipend, youth administrations and so forth. The thorough extension of government assistance administrations expanded the inclusion of individuals in social government assistance framework. The estimation of government assistance would not be given by the provincial government was further debilitating in this period. Aside from the Big Bang of social strategy, the ascent of social specialist likewise prompted the noteworthy change in social estimation of government assistance. The ascent of social specialist could be followed back to the professionalization of social work and the actualize of expert preparing at the University of Hong Kong and the Chinese University of Hong Kong in the mid-1960s. During the 1960s, Fabian Socialism was the most in vogue approach educated in the social work schools of the two colleges (N. Chow, 1994, p.327). Fairness, opportunity and cooperation are the focal estimations of Fabian Socialism. The social work understudies in 60s and 70s were unequivocally affected by these qualities. They had a solid feeling of progressing in the direction of a progressively equivalent and equity society. Subsequently, when the understudies became social specialists in the public arena, they would attempt to advocate approaches that accomplish to these two goals. More individuals wou ld think about government assistance as a way to accomplish an equivalent society. Then, the youthful social laborers around then likewise worried on social liberties. They accepted that social government assistance is one the significant pieces of social liberties. At the point when they graduated, they would instruct and advocate people in general to maintain their social equality through various social activities. Accordingly, under this impact, it prompted the ascent of the familiarity with government assistance framework as rights delighted in by resident. Another noteworthy difference in social estimations of government assistance could be found in 1997. The central point that prompted the change is the Asian Financial Crisis in 1997. Prior to the emergency, the economy in Hong Kong was at blast. Lion's share of individuals were effectively putting resources into property market and financial exchange. Around then, individuals accentuated on material qualities and momentary time skyline. Material qualities are the significant basis used to assess the value of things and individuals (C.K. Wong, K. L. Chow K.Y. Wong, 2001, p.68). In the mean time, larger part of Chinese financial specialist were searching for the most extreme advantage in the briefest timeframe. Topley states that numerous Chinese despite everything want to put resources into non-modern property and exchange due to the generally faster return of capital and benefits. When putting resources into industry, the mind-boggling want of speculators is to search for snappy benefits by whatever means present themselves as appealing in the short run as opposed to search for open door for beginning long haul venture. (as refered to in Lau, 1982, p.70) As both of the property market and securities exchange were so prospered, the monetary condition empowered individuals to accomplish the above objectives at the same time. This thus drove Hong Kong got perhaps the wealthiest city in Asia. The expectation for everyday comforts in Hong Kong was one of the most elevated in Hong Kong history in the early mid 1990s. As a great many people could support their life in the market, they put less thought on the government assistance framework. Around then, individuals would consider social government assistance framework was uniquely for the individuals who were deprived in the public arena, similar to older and incapacitated individuals. As it were, notwithstanding the oppressed and the relating pressure gathering, lion's share in the public eye would not think about the government assistance framework as they accepted they could accomplish self-sustentions in showcase. As a rule, social government assistance improvement was overpowered by fi nancial advancement at that period. Be that as it may, a noteworthy change was incited by the 1997 money related emergency. An incredible discouragement in both financial exchange and property advertise was incited by the emergency. Loads of individuals were

Saturday, August 22, 2020

Sales Management Essay Example | Topics and Well Written Essays - 1250 words - 3

Deals Management - Essay Example beers agent, it is significance for a project supervisor to observe the circumstance and assume responsibility so as to abstain from losing clients just on account of a deals representative’s conduct. (Churchill, 2000). There are some essential advances that the team lead can take so as to change over the deals person’s conduct from inacceptable to adequate. (Johnston, Churchill, Marshall, Ford, Walker, 2005). Some of such advances are examined underneath. The first and the chief worry of a team lead ought to be to comprehend what a deals representative’s genuine issue is. (Forsyth, 2002). He ought to explore to know why the salesman is acting in that specific way. He should converse with the salesperson in detail so as to comprehend the hidden reasons for his conduct. (Churchill, 2000). These causes may be mental (for example feeling of inadequacy, disappointment, partialities and inclinations dependent on social, ethnic, racial, national, strict or different contrasts, and so forth.), enthusiastic, or some different causes (for example on the off chance that the representative has resentment against a specific client, or the customer’s mentality towards the salesperson is unseemly, and so forth.) (Hughes, McKee, Singler, 1999). When the project lead has a decent information on the deals person’s issues, he can sit with the salesman and attempt to work out a suitable arrangement. (Schwartz, 2006). For instance, if the salesman has absence of inspiration, the project lead can assist him with boosting his spirit through different persuasive activities and strategies. (Spiro, 2003). Or on the other hand if the sales rep has time the board issues, he should attempt to impart such characteristics in him. The administrator should attempt to persuade the sales rep that the client is the ruler and regardless of whether the client isn't right, the sales rep ought to be well mannered with him and ought to broaden regard towards the client consistently. (Honeycutt, Ford, Simintiras, 2003). The director needs to compassionate and well mannered while examining the issue with the salesman so his

Tuesday, July 28, 2020

Public Art

Public Art Just the other rainy spring day when I was making my way across campus to the clover food truck to satisfy a craving for their famous soy BLT on whole wheat, I passed by numerous workmen unloading flatbeds of mulch, bushes, brightly colored spring flowers to be planted, and a big bunch of string. String? Looking up, I made my way past large equipment and a police officer directing the flow of lunchtime walkers as a young woman on a crane directed workmen on the ground while pointing out how to precisely assemble her public art sculpture. MIT Tech TV String Tunnel by Yuna Kim, Kelly Shaw, and Travis Williams, all graduate students in Architecture, is located at the Dreyfus Building bridge (Building 18) and is just one of more than 20 public art installations all part of the culminating event of the FAST Festival. On the evening of May 7th, the Charles River waterfront and MIT”s campus will glow with sculpture that incorporates light created specifically by MIT students and faculty. How cool is this? But even more impressive to me about MIT”s commitment to art is that there are 91 pieces of public art on campus. I feel like I”m back in art school taking an art history course when I pass by Calder”s Big Sail on the lawn of McDermott Court, or the reclining Henry Moore in Killian Court. There is a Frank Stella room-size installation in Building 7 on the 3rd floor that blurs the boundaries between painting, sculpture and architecture, and an Anish Kapoor in the Stata Center. Geez, the Stata Center itself is a Frank Gehry work of art. And tonight the MIT List Center will dedicate a newly commissioned Percent-for-Art project called Through Layers and Leaves (Closer and Closer) by Scottish sculptor Martin Boyce. “The entire work, at approximately 10 feet tall and 95 feet in length, operates in the interstice between art, architecture, and design, between the space of a public sculpture and the privacy of looking.’ Next time you are walking around campus, be sure to look around at all of MIT”s Public Art offerings. Best viewed with a clover food truck sandwich in hand, of course.

Friday, May 22, 2020

Essay about Egon Schieles Self-Portrait - 905 Words

Egon Schieles Self-Portrait When I look at this portrait, the first thing that hits me is the way the artist, Egon Schiele, appears to have made himself look animated, like a cartoon. The way in which his right eye is rounded like a cartoon character and his left eye is squinting and almost shut, adds to the idea of a the portrait being a cartoon. The squinted left eye is as if he is sneaking around and evaluating his surroundings. If you cover the right side of the face (with the widely opened eye), it makes you realise that the left side with the squinted eye does not look very lifelike, but the two eyes seem to cancel each other out. The over exaggerated wrinkles on Schiele’s face and neck make him look a lot older than he actually†¦show more content†¦I have found out that at the time of this painting, Egon Schiele like to give an expression of extreme poverty. But his claims that at this time he was virtually in rags are at odds not only with what his contemporaries have to say, but with the photographs taken of him. His letters make it plain that he suffered from a degree of persecution mania (a feeling that others have evil designs against one’s well-being) - for example, he wrote in a letter of 1910: How hideous it is here! Everyone envies me and conspires against me. Former colleagues regard me with malevolent eyes. This information could back up the idea that Schiele was making himself look older in the paintings and look animated because he actually felt old, and the fact that the left eye is squinting as if looking around and being paranoid could also be due to his persecution mani a at the time. The portrait is basically just an artist’s self-portrait. Around this time, Egon Schiele became fascinated by his own appearance, and made self-portraits in large numbers. This is one of those portraits. The title does not give away any clues to the meaning or symbolism of the piece, it is just called â€Å"Self-Portrait Pulling Cheek†. One of Schiele’s idols was Gustav Klimt, who had previously studied at the same school, the School of Arts and Crafts in Vienna. We cannot really compare any similarities between the two artists styles, but we can maybe say that Schiele was influenced byShow MoreRelatedThe Work Of Egon Schiele1448 Words   |  6 PagesIntroduction The work of Egon Schiele is very important to me personally. In this Extended Essay I focus on Egon Schiele because his artworks influence me. He likes to show his hands in his painting and photos. In his self-painting, I can always find out that the hands always attract my eyes. His hands really impress me and I really like his hands. This gives me an idea that to put my own hands on the social software and see that will people love my hands in this era. Now, I think the answer isRead MoreEgon Schiele1268 Words   |  6 Pagesor vigilant, as if waiting for mother to burst through the door. For the red hair, dark straight eyebrows and slim figure confirm that this is Schieles favorite model from these years: his younger sister Gertrude (Gerti), whom Schiele drew obsessively from childhood up until she broke off nude modeling at age 16. When Gerti disappeared from Schieles drawings, around 1910, he replaced her with young prostitutes and truant children — apparently, figure models were as hard to find in Vienna asRead MoreThe Capital Of A Great European Empire1876 Words   |  8 Pagesmodern influences in Vienna, many of the fundamental artistic impulses began to shape the environment and colonize the fin-de-sià ¨cle (end of century) Vienna. What links the representatives of modernism in Vienna in music, art, and literature is their self-conscious distancing of themselves from the representational art of the nineteenth century. In place of an art oriented to historical and traditional styles, these figures offered new content and new creation of forms, which are nevertheless too heterogeneous

Saturday, May 9, 2020

Should College Athletes Be Paid - 1402 Words

Should College Athletes be Paid? Most American people like sports. College Sports have been growing up every year and universities and athletes are more competitive every year. The NCAA (National Collegiate Athletic Association) was founded in 1906 to protect young people from the dangerous and exploitive athletics practices of the time and continues to implement that principle with increased emphasis on both athletics and academic excellence (NCAA 2012). The NCAA make and apply the rules in college sports. One of the most pressing issues in Today’s sport world is if College athletes should be paid. Sports such as baseball, football and basketball generate giant amounts of revenue every year and has become the NCAA in a multi-billion†¦show more content†¦The NCAA definitely should share a little more with the athletes. The first and easiest argument that people use to fight against payment for college athletes is saying that college athletes get pay because they get a free education. Analyzing this s tatement we can say that free tuitions education is not everything that college athlete’s needs. A full scholarship in a DIV 1 university cost to the school between $25,000 and $40,000 per year which means $100,000 over 4 years, it sounds like a lot of money, but is it enough? A Full scholarship in a DIV 1 university will cover just the basic needs that athletes require. Is it fair to cover just the basic needs of an athlete who generate to the school a big revenue? For example, according to Economist John Leonard in the book Microeconomics for Today by Irving B. Tucker a star college football player generates around $100.000 per year; Joe Wyoming All American quarterback of the Nebraska State University let his University to play in the Sugar Bowl; Nebraska State University received 5 million for the appearance and his scholarship was not even 1% of the money that a football season generate for the school (John Leonard). Also, if the NCAA do not want to pay their players, they should let them get a job like any other student. But, they don’t. The NCAA restrict their athletes from having jobs because they do not want to athlete’s performance being affected in any way. It also means, if a fan wants to buy anShow MoreRelatedShould College Athletes Be Paid?1289 Words   |  6 PagesThroughout the years college sports have been about the love of the game, filled with adrenaline moments. However, the following question still remains: Should college athletes get paid to play sports in college? Seemingly, this debate has been endless, yet the questions have gone unanswered. The National Collegiate Athletics Association (NCAA) plays a vital role in this debate. The NCAA is a billion dollar industry, but yet sees that the athlete should get paid for their hard work and dedicationRead MoreShould College Athletes Be Paid?1334 Words   |  6 Pagesrising to the surface is â€Å"Should college at hletes be paid?†. This has become a burning question. The NCAA is a multibillion-dollar industry, that makes millions, if not billions, in revenue. Yet it’s still maintains the non-profit status meaning that the industry is not set on making a profit and none of the revenue that is made is distributed to its members, managers, or officers. While most players who play in college sports are under a scholarship, that pays for the college tuition, books, and housingRead MoreShould College Athletes Be Paid?1578 Words   |  7 PagesAshay Mehta Nou Per 8 Should College Athletes Be Paid? One of the hottest debates in the sports industry is if college athletes should be paid. If you want to pay these athletes, how would the college determine the dollar amount that should be paid? Should the basketball team make more than the football team? Should the the soccer team be paid as well? Cheerleading? Chess team? Should everyone on the team get a salary? What if your college is good at football and your basketball team is awfulRead MoreShould College Athletes Be Paid?1398 Words   |  6 Pagesbelieve that college athletes at the highest performing schools are better treated than others. Although they do not get paid, they do receive some benefits for being athletes that other students would not get. One advantage for playing a sport is access to scholarships that some schools reserve for their athletes. Depending on the school and the athlete’s performance, money towards tuition is often given. Only some schools are willing to grant â€Å"full-ride† scholar ships for certain athletes. AccordingRead MoreShould College Athletes Be Paid?1364 Words   |  6 PagesHave you paid attention to all of the news that has been surfacing about collegiate sports lately? It is a big topic now days in the world of sports on weather college athletes should be getting paid to play sports. College athletics have gained great popularity of the past few decades, and have brought schools lots of revenue. A lot of college athletes think they should be getting paid for their services they do for their school. College sports like basketball and football generate over six billionRead MoreShould College Athletes Be Paid?1130 Words   |  5 PagesWhat college athlete would not want to be paid to play the sport that he or she loves? The real question is, though, should college athletes be paid for their roles in a college’s athletics? They are many points to each side of this recent controversial topic, which is why this has been made into such a hot deba te in the past couple of years. As of right now, these athletes are not getting paid, but many of them truly believe that they should. Others believe that they already are being paid throughRead MoreShould College Athletes Be Paid?986 Words   |  4 PagesPaying the College Athlete The college athlete has steadily grown in popularity in the United States over the span of the past decades. Monetarily speaking, this increased publicity has been extremely beneficial for National Athletic Association (NCAA) and all the colleges involved in athletics which has sparked the dispute of whether or not the athlete should be paid for their hard work and dedication on the field and to their school or if the athletic scholarship is more than enough. College athletesRead MoreCollege Athletes Should Not Be Paid1558 Words   |  7 Pagesstudent-athletes participate in a variety of different sports, and currently they do not receive paychecks for their performances. College athletics have attained an extensive popularity increase among Americans over the past few decades. This has resulted into increased revenues for the National Collegiate Athletic Association [NCAA] and the participating colleges, which has fuelled the debate of whether or not college athletes should colle ct an income. College athletes should not be paid to playRead MoreShould College Athletes Be Paid? Essay1739 Words   |  7 PagesShould College Athletes Be Paid to Play? The National Collegiate Athletic Association (NCAA) governs all laws regarding college sports under the Division I, Division II, and Division III conferences. Its sole purpose is to protect student-athletes on and off the field, and regulate all games and scholarships affiliated with the students. Right now there are 1,121 colleges and universities under the NCAA (NCAA, n.d.), leaving a chunk of schools out—those who do not participate in Division I, II,Read MoreCollege Athletes Should Be Paid1254 Words   |  6 PagesSome college athletic departments are as wealthy as professional sports teams. The NCAA has an average annual revenue of $10.6 billion dollars. College athletes should be paid because of the amount of revenue that they bring to their college. Each individual college should pay its athletes based on how much revenue they bring to the college in which they attend. The colleges that win their Division title, their Conference title, or the National championship, give bonuses to the Head coach of that

Wednesday, May 6, 2020

The Arguments of the Class Theorists Free Essays

Class theorists argue that class provides the basic structure of society and is also the chief cause of the inequality of modern societies. The hierarchy of the Australia class system consists of a â€Å"ruling† upper class, a â€Å"white-collar† middle class, and a â€Å"laboring† working class. There is enormous inequality between the class groups and especially between the upper- and middle-classes and the working-class. We will write a custom essay sample on The Arguments of the Class Theorists or any similar topic only for you Order Now What class you belong to plays a determining role in what sort of life you lead. Those at the top of the class structure typically seem to have more power, more wealth, more opportunities, and more control over their lives than those at the bottom. They also have a greater impact on society and use this advantage to manipulate society to serve their values and suit their needs. This is no where more evident than in the social institution of education. Education is one of the great dividers amongst classes. The school you go to often determines what sort of qualifications you obtain, what job you get and, thus, how much money you earn and what class you move into. Education is a means in which individuals seek social mobility. Parents realized this long ago and some struggle to send their children to private schools to give them a better chance of succeeding in the class hierarchy. Other children, typically from working-class backgrounds, are victims of low expectations, both from their parents and internally, and leave school as soon as they can, moving into low-paid jobs near the bottom of the social ladder. Whereas, many upper-class and middle-class pupils regard tertiary education as the natural way to their future careers. John Germov states that the education system is a product of a class society and that every society must reproduce itself using its social institutions. Schools accomplish this reproduction of the class system through ideological hegemony, where the dominant belief system, that of the upper-class and even middle-class, is the overriding principle underlying the curriculum and agenda of the educational system. The dominant values, those of the upper-class, are therefore, transmitted and spread through education. This overemphasis of the upper-class ethos tends to alienate working-class children giving way to a feeling of intimidation and eventually it yields resistance to and resignation from schooling. Cultural capital- the knowledge, skills, and beliefs essential for school success- is also an important factor in educational merit. As stated earlier, those at the top of the class hierarchy usually have more wealth and more opportunities. This puts them at a straightaway advantage to those at the lower end of the hierarchy. Cultural capital varies through the classes, as is evident by the greater number of upper- and middle-class children attending tertiary institutions and the high number of working-class dropouts. The pursuit of a classless society is an important gauge of how much progress we have made in diminishing the adverse impact of class upon our lives. The idea of a classless society is unlikely to ever be achieved, but a serious critique of class may help to create a more equal society, especially in the realm of the social institution of education. How to cite The Arguments of the Class Theorists, Papers

Tuesday, April 28, 2020

Penn Square Bank Down Corning Bankruptcy free essay sample

According to Norm Bowie, â€Å"sometimes being moral enhances the bottom line rather than reduces it† (Hartman, 2005, p108). Unfortunately, in the instances of Penn Square Bank and the Dow Corning bankruptcy, that may not have been the case. The following will examine the particulars of these situations and discuss the ethical issues present for each. Penn Square Bank Penn Square Bank was a small bank that played a large role in the Oklahoma banking crisis of the early 1980s. In an effort to maximize on the profits of the booming oil industry, the upper management of Penn Square Bank cut corners in several areas of its new lending division. Documentation to support million-dollar loans became lax. Collateral valuation and revenue recognition was severely over estimated without verification of the documentation to support such claims. Loan contracts were with casual deals and unspecific terms. Credit was extended based upon unverified personal letters paid for by the client. We will write a custom essay sample on Penn Square Bank Down Corning Bankruptcy or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page These documentation errors led to loans not properly secured (Caskey, 1985). In addition, Penn Square was more and more money, which facilitated errors in revenue recognition as the bank accepted over estimated valuation claims without requiring loan or interest payments. Thus, on paper the bank looked successful without ever possessing the funds to support its lending endeavors. Finally, credit was extended without true verification of asset valuation or proper documentation, and re-extended when the client could not produce the payments necessary to support the lofty loans (Caskey, 1985). Each of Penn Square Bank’s actions represents a form of financial statement fraud, which led to its downfall in 1982. According to Fraud Examination, there are three ways to deter financial statement fraud: (1) reduce the pressure to commit the fraud, (2) reduce the opportunity to commit the fraud, and (3) reduce the rationalization of the fraud (Wells, 2005). However, in this instance, most if not all of the fraud committed can be attributed to demanding goals set by Penn State Bank owner, Bill Jennings. As explained by Hartman, the â€Å"driving force† of â€Å"profit maximization† created a business environment to facilitate fraud (2005). Because profit was the sole motivator, documentation was inadequate, collateral valuation and revenue recognition was overstated, and credit extension was unverified and inferior. Instead,  Penn Square Bank should have considered the following measures: †¢An oversight or review board should be been established to oversee verification of credit or collateral valuation and determine the risk associated with each loan. †¢Documentation requirements should have been heavily enforced and maintained by the review board. †¢Contract and loan deals should have been regulated to the office with strict documentation requirements. †¢Disclosures should have been made regarding the lack of loan and interest payments. †¢Asset valuation and revenue recognition should have been accurately portrayed to investors, clients, and potential buyers. †¢Upper management should have established company ethical standards and enforced these standards with strict consequences for violation without exception. Unfortunately, all the measures to deter fraud that should have been considered were undermined by the owner’s overwhelming demand for success. Thus, Jennings’ need to maximize profits and increase sales created the pressure, opportunity, and rationalization to commit each action of fraud. Dow Corning Bankruptcy Dow Corning Corporation is the big name in silicone and silicone-based material production. But in 1995, the company filed for Chapter 11 bankruptcy to protect itself from lawsuits regarding their silicone-based breast implants. Some advocated that the action was an effort to â€Å"avoid compensating women for their injuries† (Book review, 1996, p7). However, according to Hartman, Chapter 11 bankruptcy is intended to protect companies from creditors while it undergoes restructuring in an effort to stave off liquidation. By doing so, the company continues business, pays taxes, and provide jobs but is allowed time to reorganize to triumph over its economic hardship (Hartman, 2005). The ethical challenge is to use Chapter 11 as it is intended – as a restructuring tool to avoid losing everything – rather than file for Chapter 11 as a way of cheating its creditors out of owed money. Hartman suggests that what is ethical in regard to bankruptcy is to go beyond what the laws require and uphold the debt agreements made with creditors (Hartman, 2005). Dow Corning seemed to have that same perspective. Nine years later the company emerged from bankruptcy after settling the lawsuits for a payout of $3.3 billion over the next 15 years (Arndt, 2004). During the time under Chapter 11, the company reorganized  itself to refocus silicone production to develop fabrics, materials, and pharmaceutical products (Arndt, 2004). These sales and expanding markets will help Dow Corning to pay its debts to the 300,000 women named in the settlement (Sissell, 2004). Thus, Dow Corning is Chapter 11 bankruptcy free but still upholding its ethical obligation to the wronged party and its creditors. Although Dow Corning’s actions following the Chapter 11 emergence was ethically sound, its actions leading to the filing was anything but. Problems with Dow Corning’s silicone breast implants began as early as 1984 when they lost a lawsuit claiming the implant caused medical illness such as autoimmune disease. During the investigation for this lawsuit, lawyers found evidence showing Dow Corning executives were aware of complaints from doctors, concerns about the lack of long-term testing, and cases of the implant bursting during surgery. In addition, the study that supposedly proved the effectiveness and safety of the product revealed detrimental long-term effects on the animals under experimentation (Book review, 1996). However, throughout all the breast implant concerns, Down Corning continued to advocate the safety of their product going as far as to hire high profile and extremely expensive teams of legal and public relations specialists. In addition, allegations were present of executives attempting to destroy damning internal documents suggesting upper management was trying to cover up its liability in the claims. The 1984 lawsuit found Dow Corning guilty of fraud and deceit stating the company provided inferior and incomplete information by understating the risks to make an informed decision (Book review, 1996). More important, it revealed the unethical behavior of the executives and company as a whole.

Friday, March 20, 2020

Ptolemy vs. Copernicus essays

Ptolemy vs. Copernicus essays Throughout the history of astronomical theory, there have been two main theories on the setup and placement of the heavenly bodies within our observed universe. The two theories are the geocentric model, our earliest theory, wherein the earth is at the center of everything, and everything rotates around it, and the heliocentric model, introduced much later on, wherein the sun is at the center, and nothing except the moon rotates around the earth. Both these theories have been disputed and argued over until more contemporary astronomers put the argument to rest by basically proving the heliocentric idea to be much more realistic through observations of other objects, their motions in relation to earth, and mathematical calculations about these motions. The astronomer who first questioned the astronomical model that was laid forth by Aristotle in his book On the Heavens, and Physics around 350 BCE, was the Greek astronomer, Claudius Ptolemy, who introduced his idea mid- 2nd century CE. He lived and made most of his observations in Egypt, namely Alexandria, and recorded them in a single, impressive compilation called Almagest, which would contain the foundation for popularly accepted astronomical theory for the next 1000 years, going undisputed until the time of Copernicus, when the notion of a heliocentric universe began to become more accepted. In Ptolemy's model, Earth is placed at the center of the universe, though in some models it was very slightly off-centered. Next is the moon, rotating around Earth, followed by the orbit of Mercury, then Venus. The Sun was thought to be the fourth object out into space that was rotating around earth, followed by Mars, then Jupiter, and then Saturn. Neptune, Uranus, and Pluto were all not possible to observe without much more sophisticated equipment than was available at the time. The revolutionary aspect of Ptolemy's work was not inventing the theory of an earth-centered universe, because th...

Tuesday, March 3, 2020

50 Synonyms for Song

50 Synonyms for Song 50 Synonyms for Song 50 Synonyms for Song By Mark Nichol Numerous words that describe various types of musical composition are listed and defined below. (Note that in the definitions below, popular denotes not a musical form that is widely enjoyed, but a song of a type traditionally derived from common people and folk traditions rather than from professional composers. Forms of the word accompany refer to instrumental support.) 1. Air: any of several types of songs or songlike compositions, including ballads and folk songs 2. Anthem: a song or hymn of joy or praise or, by extension, a rousing pop song that resonates with a certain class of listeners 3. Aria: a complex solo accompanied melody, especially in opera 4. Art song: a solo accompanied melody often performed on a formal social occasion 5. Ballad: a narrative composition with rhythmic verse, or a popular slow romantic or sentimental song 6. Barcarole: a work song with a beat that alternates between strong and weak to suggest the rhythm of rowing a boat 7. Cantata: a composition for one or more voices with solos, duets, choruses, and speechlike parts 8. Canticle: a song based on scripture and performed during a church service 9. Carol: a song or hymn of joy, performed popularly or during a church service 10. Chanson: the type of song sung in a cabaret or a music hall 11. Chant: as monotonous but rhythmic song or other vocalization; see also plainsong 12–14Â ­. Chantey/chanty/shanty: a rhythmic sailors’ work song 15. Chorale: a hymn or song sung by a group in church 16. Cover: a song composed by someone other than the performer(s) 17. Descant: a melody sung as a counterpoint to another melody 18. Dirge: a song of mourning 19. Ditty: a simple, lighthearted popular song 20. Drinking song: an upbeat song appropriate for group singing during social drinking 21. Elegy: see dirge 22. Fight song: an inspirational song to encourage athletes during team competition 23. Folk song: a popular song with a simple melody and a verse/refrain structure 24. Glee: a part-song, generally one performed by men 25. Hallelujah: a song of praise or thanks 26. Hymn: a song of joy or praise, especially in a religious context 27. Noel: a carol sung at Christmastime 28. Jingle: a short, catchy, repetitive song, including one used to advertise a product or service 29. Lament: see dirge 30. Lay: a simple song or other ballad 31. Lullaby: a simple rhyming song sung to soothe children or prepare them for sleeping 32. Madrigal: see glee and part-song 33. Medley: two or more songs, or parts thereof, performed as one composition 34. Melody: a rhythmic composition 35. Motet: a choral composition, usually unaccompanied, based on a sacred text 36. Paean: a hymn or song of praise, thanks, or triumph 37. Part-song: a usually unaccompanied song for two or more voices, one of which carries the melody 38. Psalm: a sacred song sung during religious services 39. Remix: a variation of a song that includes additional or rearranged elements 40. Requiem: see dirge 41. Rocker: an upbeat, energetic song in the style of the rock genre 42. Round: a song in which multiple singers sing the same melody and lyrics 43. Roundelay: a simple song that includes a refrain 44. Serenade: a courting song, vocal or instrumental or both 45. Spiritual: a simple, emotional religious song of a form developed by black slaves in the American South 46. Standard: a familiar song that is among those typically performed by a certain category of musicians 47. Threnody: see dirge 48. Torch song: a popular sentimental song, usually referring to the end of a love affair or to unrequited love 49. Vocal: a song for voice accompanied by one or more instruments 50. Work song: a song structured to aid in the performance of a rhythmic group task Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:The Yiddish Handbook: 40 Words You Should Know41 Words That Are Better Than GoodEbook, eBook, ebook or e-book?

Sunday, February 16, 2020

Huxley on Happiness and Comfort Essay Example | Topics and Well Written Essays - 1000 words

Huxley on Happiness and Comfort - Essay Example Soma is a very one-dimensional euphoriant. It gives rise to only a shallow, unempathetic and intellectually uninteresting well-being. Apparently, taking soma doesn't give Bernard Marx, the disaffected sleep-learning specialist, more than a cheap thrill. The drug is said to be better than promiscuous sex - the only sex brave new worlders practice. Huxley implies that by abolishing nastiness and mental pain, the brave new worlders have got rid of the most profound and sublime experiences that life can offer as well. The clear implication of Brave New World is that any kind of drug-delivered happiness is "false" or inauthentic. Brave New World is a utopia conceived on the basis of species-self-interest masquerading as a universal paradise. Social stratification is institutionalized in a five-way genetic split. There is no social mobility. Alphas invariably rule, Epsilons invariably toil. Huxley' Brave New World does not encourage romantic love whereas they are conditioned to be sexually promiscuous; as such everyone belongs to everyone else. [www.huxley.net] In Current Issues and Enduring Questions, Sylvan Barnet in his Chapter 31 has presented a brief overview about happiness and thoughts of various experts relating to happiness. Happiness, anciently termed as "eudaimonia" by the Greeks was subscribed to a particular type of eudaimonism in which the notion of virtue is central despite the difference between Socrates, Plato, Aristotle and the Stoics. [Juha Sihvola, 1] Epictetus has stressed to win happiness by wishing for the good things among those that are truly our own, i.e., in our power, and not to wish for things that are not truly in our power. Compared to the good things in our power, things that most people take to be good but are not in their power are indifferent. The most succinct statement on Epictetus view of the best possible condition for a human being to be in is: "Do not seek to have events happen as you want them to, but instead want them to happen as they do happen, and your life will go well." [www.echeat.com] S. B arnet has stressed to live a happy and solitary, natural life and die alone, as mentioned in the last stanza of Ode on Solitude by Alexander Pope. Further he has also stated the strong message taken from Rubaiyat of Oman Khayyam which tells that every boy who read the Koran or studies the traditions in his presence would assuredly attain to honor and happiness.[Sylvan Barnet and Hugo Bedau] Bertrand Russell belief that the success of a journey depends on knowledge of the destination, that happiness is not a figment of the mind, that there is no such thing as perfect happiness, that happiness is dependent on a combination of internal and external causes, that fear hinders the good life and that benevolence is a disposition towards helping other people.[www.findarticles.in] From the Alice James point of view, even wealth or being born in a highly intellectually family or even the best luxurious living can't give guaranteed happiness. In From the Diary of Alice James, Alice James wrote that she found her only happiness in form of affection received from Katherine, her constant companion and her brother Henry who visited daily. [Frank Albrecht] The Dalai Lama quoted that there is a definite, commensurate

Sunday, February 2, 2020

Is Henry Rollins a good poet Discuss with specific reference to his Essay

Is Henry Rollins a good poet Discuss with specific reference to his work - Essay Example When Henry Rollins is criticized for being a lesser poet, and not so good a performer, what these critics miss is the totality of the artist that he is. Of the different categories of performers he belonged to the category of super active performers. In 1980s when he was with the punk rock group the Black Flag his pre show appearances on the stage were very critically acclaimed. He would come on stage in only a pair of black shorts while the rest of the band is tuning up before the concert. He will pace up and down the stage grinning and grinding his teeth. According to sub pop critic Calvin Johnson, â€Å"Henry was incredible. Pacing back and forth, lunging, lurching, growling; it was all real, the most intense emotional experiences I have ever seen† (as quoted by Azzerad Michel, in Our band could be your life: scenes from the American Indie Underground PP38) This shows that Henry Rollins was more a performer than a poet whose energy is more in performing poems rather than wi th in the poems. So the poetry is only one of the media he uses to perform before the world. For him a poem is not a whisper as it is too many poets, but a big shout out. It is this aspect as a performer poet that is missed out in the criticism of the poems of Rollins. Every word uttered is made into a performance by Henry Rollins. That’s why his spoken-word performances are so popular, receiving good reviews from respectable journals and News papers everywhere. In many of his interviews Rollins confesses himself to be workaholic.† I don’t have a great deal of love life. I love my work, but don’t know many people.† He explains in his interview with another poet/musician/actor, Saul Williams. Work with out love and the years flying away is almost a perpetual theme in Rollins poems. The agony of loneliness is getting denser here. The inability to love or to reach out to the lover is getting graver which is summed up so poetically and beautifully as â€Å"my silence spit in your

Saturday, January 25, 2020

Models of Celebrity Endorsement Strategy

Models of Celebrity Endorsement Strategy The selection of celebrity endorsers is not an easy task; many scholars have tried to create models in order to help for the right selecting of celebrity endorsers. Hovland et al (1953) conceptually contributed one of the earliest models, which is Source Credibility Model. Afterwords, the Source Attractiveness Model (McGuire, 1985), the Product Match-Up Hypothesis (Forkan, 1980; Kamins, 1989, 1990), and the Meaning Transfer Model (McCracken, 1989) was presented through empirically researchers in turn. The Source Credibility Model and Source Attractiveness Model are categorized under the generic name of Source Models since these two models basically show and reflect research of the Social Influence Theory/Source Effect Theory, which argues that various characteristics of a perceived communication source may have a beneficial effect on message receptivity (Kelman, 1961; Meenaghan, 1995). The source credibility model is based on research in social psychology (Hovland and Weiss, 1951-1952; Hovland, Jani, and Kelley, 1953). The Hovland version of model present that a message depends for its effectiveness on the expertness and trustworthiness of the source (Hovland et al., 1953, p.20; Dholakia and Sternthal, 1977; Sternthal, Dholakia, and Leavitt, 1978), which means that information from a credible source (e.g.celebrity) can influence beliefs, opinions, attitudes, and/or behavior via a process called internalization, which occurs when receivers accept a source influence in terms of their personal attitude and value structures (Erdogan, 1999). Expertness is defined as the extent to which a communicator is perceived to be a source of valid assertions and refers to the knowledge, experience or skills possessed by an endorser. Hovland et al (1953) and Ohanian (1991) believed that it does not really matter whether an endorser is an expert, but all that matters is how the target audience perceives the endorser. However, Aaker and Myers (1987) advocated a source/celebrity that is more expert to be more persuasive and to generate more intentions to buy the brand (Ohanian, 1991). Hence, expert sources influence perceptions of the products quality (Erdogan, 1999). Meanwhile; Speck et al (1988) found that expert celebrities produced higher recall of product information than non-expert celebrities, even though the difference was not statistically significant. Moreover, celebrities professional accomplishments and expertise may serve as a logical connection with the products, and consequently make the endorsement more believable to co nsumers (Till and Brusler, 2000). Trustworthiness refers to the honesty, integrity and believability of an endorser depending on target audience perceptions (Erdogan, 1999). Advertisers capitalize on the value of trustworthiness by selecting endorsers, who are widely regarded as honest, believable, and dependable (Shimp, 1997). Smith (1973) argues that consumers view untrustworthy celebrity endorsers as questionable message sources regardless of their qualities. Friedman, et al (1978) addressed that trustworthiness is the major determinant of source credibility and then tried to discover that likability was the most important attribute of trust. Thus, they recommended advertisers to select personalities who are well liked when a trustworthy celebrity is desired to endorse brands. However, Ohanian (1991) found that trustworthiness of a celebrity was not significant related to customers intentions to buy an endorsed ethnic status could affect endorser trustworthiness and brand attitudes, because people trust endorsers who are similar to them. Their findings implied that when targeting particular ethnic groups such as Africans and Asians, ethnic background should be carefully evaluated. Measuring source credibility in selecting celebrity It is quite reasonable to make sense that a sources credibility is totally subjective, but research shows that in spite of individual preferences, a high degree of agreement exists among individuals (Berscheid et al, 1971). Patzer (1983) developed the Truth-of-Consensus method to assess a sources credibility and attractiveness. The method is based on the foundation that individuals judgments of attractiveness and credibility are naturally subjective, but these judgments are shaped through Gestalt principles of person perception rather than single characteristics. Notably, on the basis of extensive literature review and statistical tests, Ohanian (1990) constructed a tri- component celebrity endorser credibility scale, (see figure) which assumes that credibility and effectiveness of celebrity endorsers is associated with given characteristic dimensions, even though McCracken (1989) argued that the celebrity world consists of much more just attractive and credible individuals. Table 2: Source Credibility Scale Attractiveness Trustworthiness Expertise Attractive-Unattractive Trustworthy-Untrustworthy Expert-Not Expert Classy-Not Classy Dependable-Undependable Experience-Inexperienced Beautiful-Ugly Honest-Dishonest Knowledgeable-Unknowledgeable Elegant-Plain Reliable-Unreliable Qualified-Unqualified Sexy-Not Sexy Sincere-Insincere Skilled-Unskilled Source: Ohanian, R (1990) Construction and validation of a scale to measure celebrity endorsers perceived expertise, trustworthiness and attractiveness, Journal of Advertising, p39-52 The Source Attractiveness Model Advertisers have chosen celebrity on the basis of their attractiveness to gain from dual effects of celebrity status and physical appeal (Singer, 1983). Meanwhile, research showed that physically attractive endorsers are more successful at changing beliefs (Baker and Chrurchill, 1977; Chaiken, 1979; Debevec and Kernan, 1984) and generating purchase intentions (Friedman et al, 1976; Petroshius and Schuman, 1989; Petty and Cacioppo, 1980) than those unattractive individuals. Hence, McGuire (1985) conducted an empirical research to contend that the effectiveness of a message depends on similarity, familiarity and liking for an endorser. The McGuire (1985) model holds that sources that are known to, liked by, and/or similar to the consumer are attractive and, persuasive. The source attractiveness model also rests on social psychological research (McCracken, 1989). Meanwhile, Cohen and Golden (1972) suggested that physical attractiveness of an endorser determines the effectiveness of persuasive communication through a process called identification, which is assumed to occur when information from an attractive source is accepted as a result of desire to identify with such endorsers. Petty and Cacioppo (1980) conducted attractiveness of endorsers in terms of a shampoo advertisement to comprehend effectiveness of advertising message types. In 1983, Petty et al replicated the earlier study in 1980. Their findings emphasize the interaction between involvement level and endorser type. Under low-involvement conditions, the endorser type had a significant impact on attitudes towards the product even though no impact was found on behavioral intentions. With respect to recall and recognition measures, findings indicated that exposure to celebrity endorsers increased recall of the product category only under low-involvement conditions. Besides, the endorser type manipulation revealed that celebrities had marginally significant impact on brand name recall over typical citizens. Patzer (1985: p30) stated that physical attractiveness is an information cue; involves effects that are subtle, pervasive, and inescapable; produces a definite pattern of verifiable differences; and transcends culture in its effects. Patzer argues that people usually inflate their own attractiveness so that attractive endorsers should be more effective than average looking endorsers. Kahle and Homer (1985) operated celebrity physical attractiveness and likability and measured attitude and purchase intentions on the same product: Edge razors. Findings indicated that participants exposed to an attractive celebrity liked the product more than participants exposed to an unattractive celebrity. Recall for the brand was greater both in attractive and likeable celebrity conditions. However, unlikeable celebrities unexpectedly performed better on recognition measures than likeable and attractive celebrities. Meanwhile, findings proved that an attractive celebrity created more purchase intentions than unattractive celebrity, but conversely an unlikeable celebrity produced more intentions to buy the product than a likeable celebrity. Quite significantly, studies by Cabalero (1989) and Till and Brusler (1998) demonstrate that positive feelings towards advertising and products do not necessarily translate into actual behavior or purchase intentions. A possible reason for the lack of celebrity endorsers effect on intentions to purchase is that celebrity endorsement seems to work on the cognitive and affective components of attitudes rather than the behavioral components (Baker and Churchill, 1977; Fireworker and Friedman, 1977). In terms of gender impact between endorsers and target audience, Debevec and Kernan (1984) found that attractive female model generated more enhanced attitudes than attractive male models across both genders and particularly among males. Conversely, Cabalero et al (1989) found that males showed greater intentions to buy from male endorsers and females hold greater intentions to purchase from female endorsers. Furthermore, Baker and Churchill (1977) found a rather unexpected interaction among female models, product type and intentions to purchase products among male subjects. For instance, when the endorsed product was coffee, an unattractive female model created more intentions to buy the product than her attractive counterpart among males, whereas when it was perfume or aftershave, male reacted more positively to an attractive female model. However, Petroshius and Schulman (1989) found that endorsement gender had no impact on attitudes towards advertisements and no major impact on i ntentions to buy products. Consequently, based on above disparate and controversial arguments, there is no consistent and coherent direction in terms of gender interactions between endorsers and target audiences to aid practitioners. In brief, it is apparent that attractive celebrity endorsers enhance attitudes and recall towards advertising and brands than unattractive celebrity endorsers, however there is no consistent agreement in relation to creating purchase intentions, even though a few studies found that celebrities can create purchase intentions. Multiple celebrity endorsement Millions of dollars are spent per annum on celebrity endorsement contracts on the basis that source effects play an important part in convincing communications. Although traditional advertising knowledge suggests the meaning of an elite product contract with the celebrity, uniqueness comes with a high price label. As a result, it is becoming familiar for companies to share stars (Elliott, 1991; Sloan and Freeman, 1988). For example, former Chicago Bulls star Michael Jordan has endorsed products for 14 companies (Lipman and Hinge, 1991), and golfer Lee Trevino has had endorsement contracts with Cadillac, Motorola Cellular Phone, Spalding Top-Flight, and La Victoria Salsa (Shatel, 1991). Multiple product endorsements set up new questions relating to our understanding of how consumers react to celebrity endorsements. If as McCracken (1989, p.311) suggests, the celebrity endorser takes on meanings that carry from ad to ad, does endorsing multiple products affect those assigned meanings such that the consumer perceives the celebrity to be less credible and less likable (Kaikati, 1987)? Do consumers have less positive approaches toward ads and brands if multiple product endorsements are involved? What consequence do multiple product endorsements have on consumers buying aims? Does the number of products endorsed restrain the effect of frequent publicity to the celebrity endorser (Tripp, 1994)? Practical proof concerning how consumers react to multiple product endorsement is restricted, leaving unanswered issues in an important research ground. It is known the act of multiple product endorsements guides to certain impressions about celebrity. Early studies (i.e. Mowen and Brown 1981; Mowen, Brown, and Schulman 1979) suggest that simply knowing that a celebrity endorses multiple products is satisfactory to decay consumers insights of endorser honesty, as well as a brand and ad evaluations. Given a limited knowledge of how the endorsement process works (McCracken, 1989), these are clearly issues with theoretical value. The current study independently manipulated the number of exposures to a celebrity in a way different from previous studies in order to investigate the effects of continual exposure to the multiple product endorsers on consumer responses. The apply of actual stimulus is important since exposure to multiple product endorsers (vs. knowledge only) may result in effects different from multiple product endorsement effects. For example, attribution theory (Kelley, 1973) suggests that assumptions may result in consumers evaluating multiple product endorsers less favorable than single product endorsers. According to Kelley, observers identify an actors action to be characteristic when it happens in the presence of a unit and does not occur to its absence. In the case of endorsements, single product endorsements (even if viewed multiple times) compose characteristic actions since spokesperson endorses one brand and not other brands or products. In contrast, multiple product endorsements compose non distinctive actions because the endorsements take a broad view across products with the celebrity constant. Limited of the number of exposures to the endorser, this non distinctiveness may result in consumers concluding that the nature of the spokesperson was the reason for the endorsement, not the nature of product. Although multiple product endorsements (i.e. non distinctive actions) influence perceptions of the spokespersons credibility (i.e, internal attributions), the spotlight of external attributions for single product endorsements (i.e.. distinctive actions) is not obvious. Witnesses of a spokesperson who endorses only a single product may or may not trait the endorsement to the product itself (e.g. product quality). The product repr esents only one cause for the endorsement. Other potential causes for the endorsement exist (e.g., popularity of the endorser; endorsers ties to the product, company, or advertising agency; money paid to the endorser) (Tripp, 1994). In this respect, multiple product endorsements may lead to attribute suggestions about nature of the spokesperson (e.g. traits such as greediness) and, in turn, pressure such manifestations of affect as credibility and likability (Weiner, 1985). Moreover, affect may lead to comparative preferences or be short of of preferences toward associated stimulus (Bara and Ray, 1985) such as the ad or brand. Attribution theory may be used to make clear consumers assumptions about the reasons for a product endorsers support (Folkes, 1988). Commonly, when exposed to a single endorsement, consumers attribute the support to an external cause (e.g. a financial reason). However, the frequency of an action and the actions with which it co varies form the basis of many attributions (Folkes, 1988). Since a multiple product endorser is seen repeatedly and in different contexts, examination of the relationship between the number of exposures to the celebrity, endorser likability, and credibility is a critical consideration. Berlynes (1970) two-factor paradigm suggests that increased exposure to a stimulus results in a more favorable response initially due to a learning factor. At some higher number of exposures, however, a negative response (possibly due to tedium) begins to predominate. Taken together, these two theoretical ideas suggests that the number of products endorsed and the number of expo sures to the endorser may interact such that the number of products endorsed moderates the effect of number of exposures. Thus, inclusion of actual exposure allows for the first tests of any multiple product endorsement effects on both dimensions of credibility and likability beyond that due to repeated exposure to the endorser (Tripp, 1994). The product Match-Up hypothesis Forkan (1980) and Kamins (1990) conducted empirical experiment to test the Product Match-up Hypothesis, which contends that messages conveyed by celebrity image and the product message should be congruent for effective advertising. The determinant pf the match between celebrity and brand depends on the degree of perceived fit between brand such as brand name and attributes and celebrity image (Misra, 1990). Advertising a product via a celebrity who has a relatively high product congruent image leads to greater advertiser and celebrity believability (Levy, 1959; Kamins and Gupta, 1994; Kotler, 1997). Importance of proper match-up between celebrities and products has been emphasized. From practitioners perspective, a senior vice president of a leading beverage company states that celebrities are an unnecessary risk unless they are very logically related to products (Watkins, 1989). Another practitioner quoted by Bertrand and Todd (1992) argued that if there is a combination of an appropriate tie-in between the companys product and the celebritys persona, reputation or the line of work that the celebrity is in, advertisers can get both the fame and the tie-in working for them. Meanwhile, many studies report that consumers also expect congruity between celebrity endorsers perceived images and their endorsed products (Callcoat and Phillips, 1996; Ohanian, 1991; OMahony and Meenaghan, 1997). Otherwise, Evans (1988) argued that if celebrities do not have a distinct and specific relationship to the product they endorse, the use of celebrities could produce the Vampire effect which happens when the audience remembers the celebrity, but not the product or service. Meanwhile, the absence of connection between celebrity endorsers and products endorsed may lead consumers to the belief that the celebrity has been bought to endorse the product/service (Erdogan, 1999). Significantly, the proper match-up between a celebrity and a product has been based on celebrity physical attractiveness, and the match-up hypothesis predicts that attractive celebrities are more effective when endorsing products used to enhance ones attractiveness (Kahle and Homer, 1985; Kamins, 1990). Research also identifies that characteristics of a celebrity interact positively with the nature of the product endorsed (Friedman and Friedman, 1979; Kamins, 1990; Lynch and Schuler, 1994). Choi and Nora (2005), who used a cognitive approach that focuses on consumers attributions of celebrity endorsement motives, emphasized that the level of celebrity and product congruence will influence celebrity endorsement effectiveness through the process of consumer attributions of the celebritys motive for associating him or herself with the particular product and the subsequent effect of these attributions on the consumer evaluations of the endorser, the advertising, and the brand involved in the endorsement. Surprisingly, Kamins and Gupta (1994) found that the match-up between a celebrity endorser and the endorsed brand also enhances the celebrity endorsers believability and favorable attitudes (Till et al, 2006). Friedman and Friedman (1978) found that celebrity endorsers are more appropriate where product purchases involve high social and psychological risk. Meanwhile, Kamins (1989) and Kamins, et al (1989) found that celebrity endorsers were able to generate desired effects on high financial and performance risk products/services such as management consultation and computers. Conversely, Callcoat and Phillips (1996) reported that consumers are generally influenced by endorsers if products are inexpensive, low-involving and few differences are perceived among available brands. As a result, these contradictory arguments lead to the conclusion that advertising is a powerful mechanism of meaning transfer that virtually any product can be made to take any meaning (McCrackens 1987; OMahony and Meenaghan, 1997). The almost studies in terms of evaluating celebrities endorser and endorsed products/brands are using consumer samples. Only one study by Miciak and Shanklin (1994) investigation considered advertising practitioners when choosing celebrity endorsers based on a small sample including 21 agencies and 22 company practitioner. Remarkably, more recently, Erdogan et al (2001) investigated a larger sample that is the 300 largest British advertising agencies (Campaigh, 1997) to consider important celebrity characteristics from the practitioners perspective when selecting an endorser by conducting exploratory interviews and a mail survey. Their findings provide implications for both theory and practice. At the theoretical level, the research firstly shows that managers do not see celebrities as undimensional individuals such as attractive and credible when selecting celebrity endorsers, because celebrities are different unknown endorsers as they represent a variety of meanings that are drawn from the roles they assume in television, film, politics, and so on (McCracken, 1989). Secondly, managers have implicitly incorporated the findings of product match-up hypothesis research in their decision-making. On the other hand, for practitioners, as none of the advertising agencies had any written documentation regarding celebrity endorsement strategy, Erdogan et al (2001) set the criteria through providing a possible check list of factors in Table 3 below, when practitioners select celebrity endorsers. However, DeSarbo and Harshman (1985) argue that neither the source credibility and attractiveness nor the match-up research is adequate in providing a heuristic for appropriate celebrity endorser selection, although the Match-Up Hypothesis extends beyond attractiveness and credibility towards a consideration and matching of the entire image of the celebrity with the endorsed brand and the target audience. The Meaning Transfer Model McCracken (1989) organized an empirical research evaluating effectiveness of the endorser depends upon the meaning the person brings to the endorsement process in part. McCracken (1989) and Brierley (1995) pointed out that the number and variety of the meanings contained in celebrities are very large, which includes status, class, gender, and age and personality and lifestyles types, more importantly, the cultural meanings existing in a celebrity go beyond the person and are passed on to the products. Fortini-Campbell (1992) argues that products just like people have personalities, and claims that people consume brands with personality characteristics like their own or ones they aspire to possess in celebrities. Similarly, according to Fowles (1996), advertisers rationale for hiring celebrities to endorse products is that people consume images of celebrities, and advertisers hope that people will also consume products associated with celebrities. Celebrity endorsement actually is a special instance of a more general process of meaning transfer (McCracken, 1989). This process is a conventional path for the movement of cultural meaning in consumer societies through formation of celebrity image, transfer of meaning from celebrity to product, and from product to consumers. McCracken (1988) defined that meaning begins as something resident in the culturally constituted world, in the physical and social world constituted by the categories and principles of the prevailing culture. Furthe rmore, McCracken (1989) found that several instruments facilitate this transfer. Firstly, the movement of meanings from the culturally constituted world to consumer goods is accomplished by advertising and the fashion system. Then, the movement of meanings from consumer goods to the individual consumer is accomplished through the efforts of the consumers. Hence, meaning circulates in the consumer society. Besides, McCracken (1986) argued that advertising is one of the instruments to move meanings from culture, to consumers, to goods; this movement is accomplished by the efforts of promotional agencies. Similarly, Domzal and Kerman (1992) claimed that advertising is an integral part of social systems, whose function is to communicate the culturally constructed meaning of products to consumers. As the figure 1 shows, the meaning that begins in the dramatic role of the celebrity resides in the celebrity themselves in stage 1. In stage 2, this meaning is transferred when the celebrity enters into an advertisement with a product, and some of the meanings of the celebrity are now the meanings of the product. In the final stage, the meaning moves from the product to the consumer. Notably, celebrity endorsement makes a very particular contribution to each of these three stages in meaning transfer process. In sum, as McCracken (1989) suggested, the meaning transfer model presented is intended to demonstrate that the secret of the celebrity endorsement is largely cultural in nature, and that the study of the celebrity endorsement is improved by a cultural perspective. Consequently, advertisers should assess the culture that encompasses a celebrity to determine whether these meanings are feasible for brands/products in order to achieve effectiveness of the endorser. Definition of celebrities Celebrities are people who enjoy public recognition by a big share of a certain group of people. Whereas characteristic like attractiveness, amazing lifestyle or special skills are just examples and specific common characteristics cannot be observed, it can be said that within a analogous social group celebrities generally vary from the social standard and enjoy a high degree of public awareness. This is factual for classic forms of celebrities, like actors (e.g. Meg Ryan, Pierce Brosnan), models (e.g. Naomi Campbell, Gisele Buendchen), sports athletes (e.g. Anna Kournikova, Michael Schumacher), entertainers (e.g. Oprah Winfrey, Conan OBrien) and pop stars (e.g. Madonna, David Bowie) but also for less obvious groups like businessmen (e.g. Donald Trump, Bill Gates) or politicians (e.g. Rudy Giuliani, Lee Kuan Yew). Celebrities appear in public in different ways. First, they appear in public when satisfying their profession, e.g. Pete Sampras, who plays tennis in front of an audience in Wimbledon. Furthermore, celebrities appear in public by attending special celebrity events, e.g. the Academy Awards, or world premieres of movies. In addition, they are present in news, fashion magazines, and tabloids, which offer second source information on events and the private life of celebrities through mass-media channels (e.g. Fox 5 news covering Winona Ryders trial on shoplifting, InStyle). Last but not least, celebrities work as spokespersons in advertising to endorse products and services (Kambitsis et al. 2002, Tom et al. 1992). Advantages and disadvantages of celebrity endorsement strategy Potential Advantages Potential Disadvantages Preventive Tactics Assisting product  marketing and  increased attention Overshadow the brand Pre-testing and careful planning Image polishing Public controversy Buying insurance and putting  provision clauses in contracts Brand introduction Image change and  overexposure Explaining what is their role and  putting clause to restrict  endorsements for other brands Brand repositioning Image change and loss of  public recognition Examining what life-cycle stage  the celebrity is in and how long  this stage is likely to continue Underpin global  campaigns Expensive Selecting celebrity who are  appropriate for global target  audience, not because they are  hot in all market audience Source: Erdogan, B.Z (1999) Celebrity endorsement: A literature review, Journal of Marketing Management, Vol 15, p295 Mathur et al (1997) state a variety of reasons that firms use celebrity endorsers including that firms may feel that the life experiences of endorsers fit the advertising message, that the endorser has high appeal with the firms target consumer group, or that the endorsers universal appeal makes the advertising universal. Celebrity endorsement can bring out several positive effects. They are that advertisements become believable (Kamins et al, 1989), message recall is enhanced (Friedman and Friedman, 1979), recognition and perception of brand names is improved and attitudes about products with low purchase involvement are affected (Petty et al, 1983; Till et al, 2006), positive attitudes about brands results (Kamins et al, 1989), and distinct personalities and appeals for products and brands are created (McCracken, 1989; Dickenson, 1996). Moreover, celebrity endorsements are believed to generate a greater likelihood of customers choosing the endorsed brand (Heath et al, 1994; Kahle a nd Homer, 1985; Ohanian, 1991). As a result the use of celebrity endorsement is an advertising strategy that should enhance the marginal value of advertisement expenditures and create brand equity by means of the secondary association of a celebrity with a brand (Keller, 1993). Meanwhile, research indicates that celebrity endorsements can result in more favorable advertisement ratings and product evaluations (Dean and Biswas, 2001). Some of the most difficult aspects of global marketing to gasp are host countries cultural roadblocks such as time, space, language, relationships, power, risk, masculinity and femininity (Mooij, 1994; Hosfsted, 1984). Under this situation, celebrity endorsements are a powerful device by which to enter foreign markets; and celebrities with world-wide popularity can help companies break through many such roadblocks (Erdogan, 1999). On the other hand, there are also many potential disadvantages and hazards in utilizing celebrities as endorsers as a part of marketing communication strategy. Firstly, benefits of using celebrities can reverse markedly if they for example, suddenly change image, fall popularity, get into a situation of moral turpitude, lose credibility by over-endorsing or overshadow endorsed products (Cooper, 1984; Kaikati, 1987). Secondly, negative information about a celebrity endorser not only influences consumers perception of the celebrity, but also the endorsed product (Klebba and Unger, 1982; Till and Shimp, 1995). Thirdly, another common concern is that consumers will focus their attention on the celebrity and fail to notice the brand being promoted (Rossiter and Percy, 1987). Fourthly, celebrities who are blamed for negative events such as accidents can have detrimental influence on the products they endorse (Louie and Obermiller, 2002). Besides, Mowen and Brown (1981) argue that if a celebritys image ties in with many brands/ products, impact and indentify with each product may reduce since the relationship between the celebrity and a particular brand is not distinctive. This can not only compromise the value of the celebrity in the eyes of stars fans (Graham, 1989), but also can make consumers to think the real nature of endorsement that has less to do with the brand/product attributes, and more to do with generous compensation for the celebrity, leading consumers to overt doubt about their motives, so as to cause the negative influences on consumer attitudes and purchase intentions among the multiple products endorsed by celebrities (Cooper, 1984; Tripp et al, 1994). The f

Friday, January 17, 2020

Global Warming and Drought in The Southwestern U.S. Essay

Pumphrey (2008) rightly observed that until fairly recently, no one would bought the idea that the world’s climate was changing, let alone that it was been influenced by human activities. The first insight into what is today known as global warming was first conceived by the Swedish scientist Arrhenius, who, late in the 19th century, suggested that the activities of the rapidly developing industries could cause the planet to warm up. Such ideas were often ignored, but over the course of the 20th century, opinions about climate change, â€Å"even rapid climate change† were becoming more apparent (Pumphrey, 2008, p. 1). As things stand now, there appears to be a growing pile of irrefutable evidences that point to the fact that human activities are affecting the heat/energy exchange between the earth, the atmosphere and space (Justus and Susan, 2006). The primary cause of global climate change has been attributed to the accumulation of carbon dioxide and other air pollutants in the earth’s atmosphere. These ‘green house gases’, as they are now known, form a blanket over the earth atmosphere, thus trapping the sun’s heat inside the planet and causing it to warm up (National Resources Defense Council, 2007). A substantial population of the world’s scientist have agreed that human activities, especially the burning of fossil fuels, have increased atmospheric â€Å"concentrations of carbon dioxide (CO2) by 36% from pre-industrial levels of 280 parts per million (ppm) to 380 ppm over the past 150 years, leading to an increase in global average temperature of 0. 9oF over the past 100 years†. Consequently, there has been considerable increase in global average temperature and sea levels, decreases of sea ice in the Artic and melting of the planet’s continental ice sheets and mountain glaciers (Justus and Susan, 2006). More frightening, however, is the assertion by scientists that if green house gases continue to accumulate at the present rates, more rapid and devastating consequences could result within a short period of time. While scientists largely agree on the evidences pointing to a warming planet, the severity and ramifications of its consequences is often a subject of controversy, doubts and heated debates. The drought in the Southwestern U. S presents one such example of the controversies and uncertainties surrounding the consequences of global warming. In the history of the Southwestern U. S. , drought has been a relatively periodic occurrence, due to climate variability that characterizes this region. For example, after reviewing the history of climate changes in the region, Thompson and Anderson (2005) concluded that over the long term, the climate of the region is constantly changing and that in the â€Å"18,000 years since the last glacial maximum the southwestern United States has experienced conditions that ranged from much colder to somewhat warmer than today. Moisture conditions have also varied, both through time and across the region† (Thompson and Anderson, 2005). However, despite these assertions, scientists through several studies have pointed out that the present multi-year drought in the region is not another result of climate variability but a consequence of climate change. They assert that the present climate situation might be the new climate of the region and that drier and more sever droughts lies ahead if urgent measures are not taken. The proposed study intends to support and add weight to the contention that climate changes is already impacting the region and that increasing global warming will increase the severity of drought in the Southwestern U. S. Purpose Statement McNab and Karl (2003) observe that drought is a complex phenomenon that can be very difficult to define. They contend that the problem with defining drought derives partially from the fact that the term could be approached from different perspectives. That, notwithstanding, the central theme that underlie any definition of drought is the absent or deficiency of water. However, they point out that to completely define drought, the â€Å"component(s) of the hydrologic cycle affected by the water deficit and the time period associated with the deficit, must be specified†. The Southwestern U. S is a region vulnerable to droughts due to its variable climatology that derives from its peculiar topography. The entire Southwestern states of the United States fall into a climatic region generally known as the ‘subtropics’. These regions are known to be dry and susceptible to drought because the atmosphere moves water ‘out of those regions into higher planes’ (Thompson, 2007). It is argued that the evaporation is higher in subtropics and the moist air from here is transported to temperate regions at higher latitudes. This climatic condition sometimes causes excessive ‘dryness’ (drought) in these regions. The infamous dust bowl conditions of the 1930s and the severe droughts of the 1950s are typical examples. Pointing out the vulnerability of the region, Davis (2007) observe that â€Å"in some years, â€Å"exceptional drought† has engulfed the entire Plains from Canada to Mexico; in other years, crimson conflagrations on weather maps have crept down the Gulf Coast to Louisiana or crossed the Rockies to the interior Northwest† (Davies, 2007). Based on this argument, it is convenient to describe the present drought in the region as a result of such climatic variability. Unfortunately, recent data on global warming indicate otherwise. Scientists have shown that this time, the drought in the region is not just a passing phase in climatic conditions, it is a reality that has come to stay. It is evident that this time, it is the base climate that is changing and dire consequences looms ahead. Supporting the argument that the aridity in the Southwestern U. S is different this time, Davis (2007), point out that â€Å"Lake Powell had fallen by nearly eighty feet in three years, and crucial reservoirs along the Rio Grande were barely more than mud puddles. The Southwestern winter of 2005-06, meanwhile, was one of the driest on record, and Phoenix went 143 days without a single drop of rain†. Noting that some scientists have regarded the present situations as the worst drought in 500 years and with the several scientific evidences showing the link between global warming and severe drought, Davis concluded that the present climate condition is not â€Å"simply episodic drought but the region’s new ‘normal weather'† (Davies, 2007). Statement of the Problem Both global warming and droughts portend grave dangers for both the region and the world at large. Despite the sometimes dissenting voices in the science world, there is unanimous certainty that the planet is warming up. The Intergovernmental Panel on Climate Change (IPCC) in its 2007 report stated that it is ‘unequivocal’ that the planet is heating up and that, with utmost certainty, the warming is caused by human activities. It is clearly understood that increased global temperatures will facilitate the propagation of certain deadly bacteria and the spread of diseases. For example, Kolivras and Andrew (2004) carried out a study that revealed that the presence and spread of four diseases; hantavirus, plague, dengue and coccidioidomycosis in the Southwestern U. S could be attributed to the increased in temperature in this region. Again, it is clear that higher global temperatures will lead to increase in the incidence and severity of droughts which will affect agricultural production, causing global food crisis. Also, the melting of continental and Artic ice, due to global warming, will cause flooding and other devastating problems that will affect millions of people globally. Persistent drought, on the other hand, also severely impacts a society. Besides the shortage of food and water that characterizes drought conditions, Davis (2007) also point out that drought rapidly destabilizes the natural ecosystem. Buttressing this fact, he observed that, without sufficient moisture to produce protective sap, â€Å"millions of acres of pinyon and ponderosa pine have been ravaged by plagues of bark beetles; these dead forests, in turn, have helped to kindle the firestorms that have burst into the suburbs of Los Angeles, San Diego, Phoenix and Denver, as well as destroyed part of Los Alamos† (Davies, 2007). However, despite the frightening consequences of droughts and/or global warming, the real issue here is the misunderstanding of the problem at hand. A clear understanding of the real cause and nature of the drought in the Southwestern United States will greatly help in containing the problem before it get out of hand. In a study for the Lamont Doherty Earth Observatory, Columbia University, Richard Seager and other scientists point out that all the models used for the third Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) indicated a general decrease in rainfall in the subtropics during the 21st century and gradual drying up of the region with increasing concentrations of atmospheric carbon dioxide (Seager et al, 2007). The present drought in the region is therefore, evidently a consequence of a much bigger problem, the realization of this fact is important in shaping public attitudes and opinions required for finding a lasting solution to the problem. Theoretical Framework The states of the Southwestern United States fall in a climatic region known as the subtropics. The climate in these regions is characteristically dry because the atmosphere moves water out of these regions. Moist air from these regions is often transported to temperate regions at higher latitudes. This phenomenon is referred to as the â€Å"Hadley cell† (Thompson, 2007). This flow of moist air away from subtropics induces rising air over the equator and descending air over the subtropics. The descending air over the subtropics suppresses precipitation, which further increase dryness of the regions. With global warming, the blanket of greenhouse gas in the atmosphere heat up the air over the subtropics enabling it to carry and transport more moisture away from the region. Furthermore, with increasing global temperatures, ‘Hadley cell’ (the flow of air out of the subtropics) expands pole ward, bringing the United States Southwestern region under the increasing influence of descending air, further compromising precipitation and further worsening drought. The link between reduced precipitation and drought was established by McNab and Karl (2003) who asserted that â€Å"precipitation can be considered to be the carrier of the drought signal and stream flow and ground-water levels can be considered to be the last indicators of the occurrence of a drought† (McNab and Karl, 2003). It has been argued that whilst past droughts in the region was because La Nina brought ‘cooler ocean temperatures to the equatorial Pacific, which resulted in drier conditions over North America’, the present drought is caused by changing climatic conditions characterized by increasing global temperatures that enable more moisture to be transported out of the region and suppressed precipitation.

Thursday, January 9, 2020

Marketing Plan for Smoothie Drink - 5556 Words

FruitLift’s Marketing Plan Picture of various fruits Picture of various fruits Yesenia Haro, Gabi Radanava, Dylan Nein Marketing 230 Section 1 Introduction to Marketing Professor Gary L. Hunter April 15, 2012 Illinois State University Executive Summary The following report analyzes the product FruitLift that we created for this project. The purpose of this project is to determine what factors influence successful marketing. We also determine if marketing successfully in one environment means can be translated into success in another environment. We will first introduce the product. Following that we will describe the situation analysis of FruitLift: we will describe the internal and external environments of FruitLift. We also explain†¦show more content†¦Our prospective customers are 20 to 35 year old middle class people. These people tend to be health conscious and may be in college. With peoples growing health concerns and shortage on free time, FruitLift can emerge as a popular product for people who attend health and fitness clubs. College students are becoming be aware about their health, so FruitLift will emerge as a late night drink when they study. The tough part about FruitLift’s external environment will be the resources. We are very limited on available funds for this project. When starting off it will be difficult to afford the proper ingredients to make a wide variety of our product. We will have to grow the revenues of our product before we can span out to making more varieties of FruitLift. Since we will be limited on funds starting off our most valuable resource will be our employees and the way we get our product known. The biggest part of technology that we will use will be the internet. Social Networking is a free way to market towards millions of people. We will create a Facebook and Twitter page for this product, and offer random coupon awards to the people who are fans of the pages. We also plan to create a cellular phone application that keeps track of the nutrients that you consumer through drinking FruitLift. S.W.O.T. Analysis Strengths | Weaknesses | * Healthy Alternative to Gain Energy * Innovative Marketing Team | * Intense Competition in Energy Drink and FruitShow MoreRelatedFacilities And Equipment Plan For An Organization1112 Words   |  5 PagesFacilities and Equipment Plan Our goal at Smoothie King is to provide an environment that is fully functional and welcoming for our customers. We are making smoothies to assist people with various health purposes and preferences. In order to do that we must have a facility that encompasses all of our needs to provide our customers with the best service possible. Principal Location Location: South point Mall McDonough, Georgia 30253, when customers walk through our doors, they will immediately seeRead MoreMarketing Strategy3716 Words   |  15 Pages[pic] Strategic Marketing Plan Prepared by: Pashuan Armond Phalon Clowers Strategic Marketing - EBA 604 Dr. Donald Wilson September 24, 2005 1.0 Executive Summary The goal of this marketing plan is to outline the strategies, tactics, and programs that will make the sales goals outlined in the Smoothie King business plan a reality in the year 2006. Smoothies are one of the hottest franchise concepts going right now with the market inRead MoreEssay on Juice Guys Case Study Analysis1200 Words   |  5 PagesIn the summer of 1998, Nantucket Nectar created a subsidiary of their brand called Juice Guys. This new product was comprised of fresh juice and fruit smoothie drinks that were taking over the West Coast. Within three-and-a-half months, Juice Guys had sold a total of 175,000 items ranging from smoothies, yogurts, sorbets, Nantucket Nectar drinks and fresh squeezed juices. Juice Guys’ revenue went up to 91% and they made a profit of $227,000 in sales. Noticing the tremendous success within theRead MoreJuice Center Buisness Plan1874 Words   |  8 PagesJuice Center Business Plan A B S T R A C T Business is ever changing; change is the only constant in business environment. Comprehensive business plan with clear Mission, objective considering Executive Summary ‘Sam’s Juice Center’ is unlike a typical Juice Center will provide excellent combination of Organic fruit and vegetable Juices at value pricing with fun and entertaining atmosphere. It is determined to become a dream place to overcome a day to day stress due to its pleasant ambiance andRead MoreInnocent Smoothies Are Coming to Japan2923 Words   |  12 PagesIntroduction Innocent is a well-established smoothie and health food company in its home market of the UK and has had success in moving into various markets in the European Union. With the added partnership with global brand Coca-Cola, it could be said that Innocent is in prime position to begin its expansion into new markets globally. This report will note the benefits and potential risks of entering the chosen market of Japan based on research and theoretical analysis. Japan was first chosen dueRead MoreWhat Makes A Apple Smoothie Bar? Essay2175 Words   |  9 Pagesthe first Smoothie Bar in 1973, Smoothie King has grown to over 650 locations across three continents. From the US to the Republic of Korea, Singapore and the Cayman Islands, our purpose continues to impact millions of lives around the globe. Our quest is simple: Make living a healthier more active lifestyle delicious and nutritious. Whether you’re trying to lose a few pounds, have a little more energy at the end of the day or simply feel better about your diet, each and every Smoothie we make isRead MoreInnocent Drinks5432 Words   |  22 Pagesthese?†. At the end of the day the yes bin was full. They gave up their jobs the following day and Innocent Drinks was formed (innocent, our story) The creation of this company was difficult for the three friends who had no money, they asked their friends for rich contacts and were introduced to Maurice Pinto, a wealthy American who lent them  £250,000 after seeing the potential of their plan. After six years, Innocent operates from Fruit Towers in Shepherd’s Bush, an office block with faux-grassRead MoreEssay on innocent drink3634 Words   |  15 Pagesï » ¿innocent smoothies: Europe’s favourite smoothie brand considers expanding into the Russian soft drinks market. Richard, Jon and Adam, the three co- founders of innocent were sitting in the board room at innocent’s headquarters Fruit Towers discussing the international expansion they could achieve thanks to the injection of cash from and global experience of the Coca Cola Company . With the goal of becoming the biggest small drinks company in the world, they are currently operating in 15 EuropeanRead MoreThe Success of Innocent Drinks Using Competing Values Framework and Pestel Analysis.1625 Words   |  7 PagesTHE SUCCESS OF INNOCENT DRINKS USING COMPETING VALUES FRAMEWORK AND PESTEL ANALYSIS. Innocent Drinks was started by three friends in 1999 that developed premium smoothies that contained 100% natural fruit with no water or added sugar. The aim was to provide people with quick ready-to-go and healthy food and drink options. The company is now one of the best-loved and fastest growing businesses in Britain. The highly successful Innocent Drinks sells $2 million smoothies per week across Europe, buildingRead MoreClif Bar Marketing Plan7190 Words   |  29 Pagesshots. Increasing international growth and commitment to the environment and their employees are major strengths for the company. Growth opportunities are present in the organic market, which is projected to grow 9% (Scott-Thomas, 2012), and the smoothie market, which will see a potential growth of 1.6% through 2013 (Technomic, 2012). Some of the weaknesses facing the company are its narrow target market in the organic product industry and lack of traditional advertising. Major competition from Odwalla