Product Development Strategy

Item Development Strategy Given the fast changes in purchaser tastes innovation parched rivalry organizations must build up a constant flow of new items and administrations A firm can acquire new items m two different ways. One is through procurement by purchasing an entire organization a patent or a permit to create another person s item The different as through new-item advancement m the organization s own exploration - and-improvement division By new items we mean unique items item upgrades item changes and new brands that the firm creates through its own innovative work endeavors. At the point when an association brings an item into a market they should ask themselves various inquiries. Who is the item focused on? What advantage will they anticipate? How would they intend to situate the item inside the market? What differential bit of leeway will the item offer over their rivals? New items keep on fizzling at an upsetting rate. One source appraises that in excess of 90 percent of every single new item flop in inside 2 years Another-study recommended that of the amazing 25,000 new shopper food, refreshment, magnificence, and medicinal services items to hit the market every year, just 40 percent will associate with 5 years after the fact Moreover disappointment rates for new modern items might be as high as 30 percent. For what reason do such a significant number of new items fall flat? There re a few reasons Although a thought might be acceptable the market size may have been overestimated Perhaps the genuine item was not planned just as it ought to have brew Or possibly it was erroneously situated in the market evaluated too high or promoted inadequately An elevated level official may push a most loved thought regardless of poor showcasing research discoveries Sometimes the expenses of item improvement are higher than anticipated, and some of the time Competitors retaliate more earnestly than Expected. Anyway the purposes for some new item disappointments appear to be truly evident Try the accompanying on for size. Audit of Literature Item systems At the point when an association brings an item into a market they should ask themselves various inquiries. Who is the item focused on? What advantage will they anticipate? How would they intend to situate the item inside the market? What differential favorable position will the item offer over their rivals? We should recollect that Marketing is on a very basic level about giving the right heap of advantages to the end client, thus the colloquialism Marketing isn't tied in with giving items or administrations it is basically about giving changing advantages to the changing needs and requests of the client (P.Tailor 7/00) Philip Kotler in Principles of Marketing conceived an exceptionally intriguing idea of advantage working with an item For an investigation the book of Principles of Marketing by P.Kotler. Kotler proposed that an item ought to be seen in three levels. Level 1: Core Product. What is the center advantage your item offers?. Clients who buy a camera are purchasing all the more then only a camera they are buying recollections. Level 2Actual Product: All cameras catch recollections. The point is to guarantee that your potential clients buy your one. The procedure at this level includes associations marking, adding highlights and advantages to guarantee that their item offers a differential favorable position from their rivals. Level 3: Augmented item: What extra non-substantial advantages would you be able to offer? Rivalry at this level is based around after deals administration, guarantees, conveyance, etc. John Lewis a retail departmental store offers free multi year ensure on acquisition of their Television sets, this gives their 'clients the extra advantage of genuine feelings of serenity over the five years should their buy build up an issue. Thought age New item improvement begins with thought age the precise quest for new item thoughts. An organization regularly needs to create numerous so as to locate a couple of good once. As indicated by one notable administration expert, For each 1 000 thoughts, just 100 will have enough business t0 guarantee to merits a little sca1e explore just 10 of those will Warrant generous budgetary duty and of those a couple will end up being inadequate triumphs. His decision? In the event that you need to locate a couple of thoughts with the ability to excite client, foil rivalry, and rush financial specialists you should initially produce hundreds and conceivably a large number of capricious vital thoughts. Inward Idea Sources Utilizing inward sources the organization can discover new thoughts through conventional innovative work. It can pick the minds of its officials Scientists engineers fabricating staff Sand salesmen Some organizations have-created effective pioneering programs that urge representatives to brainstorm and grow new item thoughts. For instance 3M s notable 15-percent rule permit representatives to burn through 15 percent of their prong smuggling - taking a shot at ventures of individual intrigue whether those task straightforwardly advantage the organization. Organizations a few times search for imaginative advancement moves toward that beat boundaries to the free progression of new item thoughts For instance firms like Eureka Ranch-a notable new item incubation center - utilize both technique and frenzy in helping organizations to kick off their new item thought age process. Outside Idea Sources Great new item thought additionally originate from watching and tuning in to clients The organization can break down client questions and grievances to discover new items that better take care of devours issues Company architects or salesmen can meet with and work. Nearby clients to get proposals and thoughts The Company can lead studies or center gatherings to find out about Consumer needs and needs. Heinz did only that when its scientists moved toward youngsters who expend the greater part of the ketchup sold discover what might make ketchup all the more speaking to them The appropriate response change the shading So, Heinz created and launc1iedEZ Squirt green ketchup that comes iii a squeezable jug focused at kids Blastin Green ketchup was a raving success, so Heinz caught up with a whole rainbow of EZ Squirt hues, including Funky Purple Passion Pink, Awesome Orange, Totally Teal, and Stellar Blue. The EZ Squirt bottle s unique spout likewise emanates a dainty ketchup stream, so k ids can signature their burgers (or spurt somebody over the table however Heinz fails to make reference to that). In all the new line earned the Company a 5 percent expansion in deals ii the principal year in the wake of hitting the basic food item rack. Purchasers regularly make new items and uses all alone and organizations can profit by putting them available. For instance for quite a long time clients were getting the message out that Skin-so-delicate shower oil and cream was additionally a staggering bug repellent. While a few Consumers Were content essentially to wash a water scented with the fragrant oil others conveyed it in their rucksacks to mosquito-plagued campgrounds or kept a container on the deck of their sea shore houses Avon tuned the thought into a total line of Skin-So-Soft Bug Guard PLUS lR335Â ® items including the Insect Repellent Gentle Breeze Moistures Sun square Lotion SPF 30 a blend cream creepy crawly repellent and sunscreen. The quest for new-item thoughts ought to be methodical as opposed to heedless. In any case scarcely any new thoughts will surface and numerous smart thoughts will bite the dust Top administration can maintain a strategic distance from these issues by introducing a thought administration framework that guides the progression of new plans to an essential issue where they can be gathered checked on and assessed hello setting up such a framework the organization can do any or the entirety of the accompanying. Name a regarded senior individual to be the organization s thought director. Make a cross-utilitarian thought the executives board of trustees comprising of individuals from RD, designing buying tasks account and deals and showcasing to meet regri1rly and assess proposed new item and administration thoughts. Set up a cost free number or Web website for any individual who needs to send another plan to the thought chief. Support all organization partners workers providers, merchants, sellers to send their plans to the thought administrator. Set up formal acknowledgment projects to remunerate the individuals who contribute the best new thoughts. Thought Screening The motivation behind thought age is to make countless thoughts. The motivation behind the succeeding stages is to diminish that number. The main thought lessening stage is thought screening, which helps spot smart thoughts and drop poor ones as quickly as time permits. Item improvement costs rise enormously in later Stages, so the organization needs to proceed just with the item thoughts that will transform into gainful items. The item is to kill unsound ideas before dedicating assets to them. The screeners must ask in any event three inquiries: Will the client in the objective market profit by the item? What is the size and development figures of the market portion/target showcase? What is the current or anticipated serious weight for the item thought? What are the business deals and market slants the item thought depends on? Is it actually achievable to fabricate the item? Will the item be beneficial when produced and conveyed to the client at the objective cost? Numerous organizations require their officials to review new-item thoughts on a standard structure that can be assessed by another item advisory group. The review depicts the item, the objective market, and the opposition. It makes some harsh appraisals of market size, item value, improvement time and costs, fabricating expenses, and pace of return. The panel at that point assesses the thought against a lot of general rules. For instance, at Kao Company, the enormous Japanese buyer items organization, the panel poses inquiries, for example, these: Is the item really valuable to customer and society? Is it useful for our specific organization? Does it work well with the companys goals and techniques? Do we have the individuals, abilities, and assets to cause it to succeed? Does it convey more an incentive to clients than do contending master

Utilitarian Perspective of Genetic Testing Essays

Utilitarian Perspective of Genetic Testing Essays Utilitarian Perspective of Genetic Testing Paper Utilitarian Perspective of Genetic Testing Paper What is your opinion about hereditary testing? Hereditary testing is a dubious issue, particularly in the working environment. Hereditary testing could decide whether staff may perhaps create ailments and reactions because of presentation of synthetic compounds in the work environment. However, the utilization of hereditary testing likewise brings dread of the result of the testing. All articles that I have explored bolster the utilitarian point of view, which checks that hereditary testing is definitely not a legitimate measure to decide genetic illnesses and ought not be utilized for business purposes. In any case, the deontological point of view would be that hereditary testing is good when it is utilized appropriately, controlled and directed by the suitable organizations. UTILITARIAN PERSPECTIVE Hereditary testing most certainly has its advantages. Information about a hereditary propensity toward a malady can enable an individual to find a way to forestall it out and out or decrease its seriousness when the sickness strikes. However, individuals who may profit by knowing the about the chance of acquiring a hazard for specific infections may avoid hereditary testing, or other family ancestry data, because of their dread that businesses will utilize that information to deny openings for work or medical coverage. The genuine testing will distinguish those that are helpless to getting a sickness, however isn't to be utilized as a methods for indicative measures. In any case, there is a lot of worry about the potential abuse of hereditary data being accessible to managers. Testing would distinguish representatives or potential workers who are abnormally vulnerable to working environment dangers, or whose hereditary cosmetics could be antagonistically influenced by introduction to working environment poisons. While these outcomes would not exclusively be to the greatest advantage of the business, yet in addition the worker, there are positive negative viewpoints to testing. Testing may distinguish representatives or potential representatives who may turn out to be rashly incapable to work, or who are probably going to acquire considerable social insurance bills. In 1995, the Equal Employment Opportunity Commission (EEOC) gave a consistence manual for the Americans with Disabilities Act (ADA) deciphering the ADA as covering hereditary data identifying with ailment, sickness or different issue. The hypothesis of really getting an infection, over the genuine inclination which would make it bound to get an ailment, don't warrant hereditary testing. Hereditary testing ought not be led as it could affect the choice to enlist a worker, paying little heed to their capacities and capabilities. DEONTOLOGICAL PERSPECTIVE Hereditary testing to help the person by constraining introduction to synthetic compounds or different dangerous working conditions by organizations isn't just a good yet in addition a philanthropic demonstration. This testing can possibly spare workers lives whenever directed in a lawful and good manner. A second sort of testing is hereditary checking. Hereditary checking would decide if an individual’s hereditary material has changed after some time, because of work environment presentation to unsafe substances. On the off chance that there were proof of hereditary changes in a populace of laborers, this data could be utilized to target work regions for expanded wellbeing and wellbeing safety measures and to demonstrate a need to bring down presentation levels to those presented to a formerly obscure risk. A definitive objective of hereditary checking is forestall, or perhaps, lessen the danger of sickness brought about by hereditary harm. Authoritative reports delineating explicit testing necessities ought to be given to people that would be required to be tried. The biggest dread of hereditary testing and checking is that the outcomes will be utilized in a negative way towards the person. Hereditary testing is ethically gainful when offices use testing and checking as per government and state rules and have moral business approaches that keep on keeping the representative educated regarding the purposes behind testing. End I accept that businesses and insurance agencies ought not lead hereditary testing and checking because of the conceivable abuse of the outcomes. Hereditary testing, similar to all testing, is theoretical, best case scenario. Results are uncertain and ought not be utilized to envision real maladies. It is worried all through each article that I examined that despite the fact that the hereditary cosmetics is available for an illness, doesn't imply that the ailment is available or ever will be available. Testing is good when utilized as per administrative norms of lawful testing arrangements and methods and when dealt with dependably and in particular, secretly. Individuals want to know the consequences of testing, yet dread them simultaneously. The most widely recognized explanation is the potential abuse and infringement of security. Book index : Assets Boss Use of Genetic Information †Workplace Visions, January/February 1999 Government-Citizen Group Suggests Policies to Limit Genetic Discrimination in the Workplace †The National Human Genome Research Institute Hereditary Information and the Workplace †The National Human Genome Research Institute, Department of Labor, Department of Health Human Services, Equal Employment Opportunity Commission, Department of Justice, January 20, 1998 Hereditary Screening in the Workplace, American College of Occupational and Environmental Medicine Danger of Job Bias Seen in Genetic Testing â€Paul Recer, Associated Press, March, 21, 1997

Dole, Bob

Dole, Bob Dole, Bob (Robert Joseph Dole), 1923â€", American political leader, b. Russell, Kan.; husband of Elizabeth Hanford Dole . While serving in World War II, he was seriously wounded and required several years of convalescence. After obtaining his law degree from Washburn Univ. (1952), he worked as a county attorney. In 1960 he was elected as a Republican to the U.S. House of Representatives and served four terms (1961â€"69); he was first elected to the U.S. Senate in 1968. He was chairman of the Republican National Committee (1971â€"73), and in 1976 Dole was President Gerald Ford 's running mate. With Democratic senator George McGovern , Dole worked to developed government to fight hunger in poor families, particularly poor children. Dole served as majority leader of the Senate (1985â€"87, 1995â€"96) and as minority leader (1987â€"95), gaining a reputation as a pragmatic conservative with an acerbic wit. In 1980 and 1988 Dole ran unsuccessfully for the Republican presidential nomina tion. In 1995 he again announced his candidacy for his party's presidential nomination, and he subsequently triumphed in the primaries. In June, 1996, Dole resigned from the Senate in order to devote more time to the presidential race, and in August he chose Jack Kemp as his running mate. He proved unable to reduce President Clinton's significant lead in the popular vote, however, and was soundly defeated in the November elections. In 2007, President George W. Bush selected Dole to co-chair a commission charged with investigating problems in the military health-care system. See his One Soldier's Story: A Memoir (2005). The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved. See more Encyclopedia articles on: U.S. History: Biographies

Essay about Lonestar Case - 1453 Words

LONESTAR - CASE ANALYSIS THE SHORT CYCLE PROCESS Who? Julia Martinez is a secretary that is been harassed by Ron French who happens to be her boss. However, Jack Decoste is the Manager that finds out about the situation. He is the decision maker. His responsibility as a manager is to help Julia with her situation What? Julia Martinez is not comfortable working with her boss. Her boss is making graphic comments and touching her when nobody is around. He is basically harassing her. However, it is her word against his because nobody has witnessed the incidents. This issue is of high significance for the organization. The company could be held responsible for what happens in the workplace. Why? Jack Decoste is involved in the situation†¦show more content†¦Ron will continue to harass Julia and/or other employees. Later on the company could be held responsible for not taking action. Transfer Julia to another department Julia will escape from her actual hostile work environment. Ron will continue to harass Julia and/or other employees. In addition, Julia could loose her job because there might be layoffs in her new department. Report the issue to the companys HR Department Issues could be resolved internally by handling a throughout investigation with discretion. In addition, Ron could be given a written warning and counseling and Julia could also be sent to counseling and maybe be transferred. The internal investigation seems to be difficult because no one has witnessed the sexual harassment. The company may not have the resources or expertise to resolve the issue. Therefore, an internal investigation may not be effective to provide prove of sexual harassment. Report the issue to the Equal Employment Office to begin an investigation The Equal Employment Office has the tools and expertise to handle the situation. The issue will be treated according to employment laws. The external investigation will be difficult since there is actually no prove of the harassment. An external investigationShow MoreRelatedFinc312 Case 32795 Words   |  12 PagesAgro-Chem, Inc Leasing – Case 49 Problem Statement: Agro-Chem, Inc. is a regional producer of agricultural chemicals based in Houston Texas that needs help making a lease versus purchase decision. By understanding the material presented, we will be able to come to a decision. However, after reviewing the information presented, there are a few problems that need to be investigated before finalizing our recommendation. Agro-Chem, Inc. chose to go with the financial manager’s idea of using a discountRead MorePresiding Officers in Texas State Legislature1000 Words   |  4 Pagessteps including ¦ Introduction of the Bill: The development of a bill before its introduction in the legislature involves a senator or representative listening to the people he/she represents and coming up with ways for solving the problem. 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A time series analysis of demand tends to result in a higher R-squared than one using cross-sectional data. Why do you think this is the case? R-squared measures the goodness of fit of a regression equation. A time series analysis of demand tends to result in a higher R-squared than one using cross-sectional data because data is being gathered at multiple periods of time as opposed to one period of time when using cross-sectional data. II. What isRead MoreThe Practice Of Euthanasia And Assisted Suicide1260 Words   |  6 Pagesthe act of â€Å"assisted suicide†(â€Å"Euthanasia and Assisted Suicide†). As many patients are becoming diagnosed, they are losing more than just their strength. These patients are losing their dignity, and many are falling into a depressive state. In some cases, these patients choose to want to end their lives instead of enduring months or years of chemo, and pain and suffering. 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SWOT Summary Weaknesses Strengths †¢ Read MoreCultural Appropriation Of The United States1790 Words   |  8 Pagesto weddings or special occasions. Just recently it has come to my attention that temporary tattoos are being stocked in malls and grocery stores. It has been said that these tattoos are based off of tribal tattoos and henna tattoos. If that is the case, then that would be considered wrong. Tribal tattoos are traditionally from Native American tribes. (Xue 4/6/15) â€Å"†¦tribal tattoos was used for a symbol of identity†¦Ã¢â‚¬  (CynzdaReveur 11/11/12) Cultural appropriation has also been a controversial issueRead MoreA Better Future with Green Technology1924 Words   |  8 Pagesbecoming more of a green state. The state of California passed new laws to where a truck driver can not idle there truck if it is not a clean emissions truck. Now that the new clean trucks, Freightliner Cascadia and the International ProStar and Lonestar, are readily available it makes this easier to achieve. The trucking industry has been able to achieve nearly zero nitrogen oxide emissions as of January 1, 2010. It also achieved zero particulate matter emissions as of January 1, 2007 (Britton,

Analysis of the Portable Saw Mill Industry - 913 Words

External Analysis of the Portable Saw Mill Industry Part A: Explain three benefits of conducting an external analysis. For Edward Perry, Timber Kings new CEO, external analysis is one of the most strategic activities he can engage in and have his company continually pursue. Of the many benefits associated with external analysis, the top three are staying on top of customer trends and their continual evolution, being able to anticipate and act on opportunities, and getting advance warning of any significant threats (Banham, 2010). These three areas of customer-centered analysis, scanning the external environment for opportunities while looking to mitigate threats must eventually be integrated to the internal systems and processes of Timber King in order for the company to be successful (Feldmann, Olhager, 2008). The company must become highly agile and market-driven for the portable saw mill business to succeed. Part B: Educate Mr. Perry on some of the challenges of conducting an external analysis. There are many inherent challenges in completing an external analysis of your company. First, the methodology or approach to researching the external factors needs to be considered. This is a very critical decision because it will dictate in large part how valuable the data you collect is (Banham, 2010). Inherent in the methodology must be the overarching goals of the external analysis to begin with. If the goal is to expand the overall market for portable saw mills, theShow MoreRelatedSkil Corporation1511 Words   |  7 Pagessales 15% annually. It had acquired only financially successful companies. But in 1979, it acquired Skil Corporation, a financially mediocre performing company for $58 million. Skil was a leading manufacturer of portable power tools serving the professional and consumer markets, the circular saw being the strongest and best seller amongst those tools, which it also invented, and was amongst the top three in power tools market share holdings in U.S. Other power tools that Skil manufactured included mid-pricedRead MoreSkil Corporation1504 Words   |  7 Pagessales 15% annually. It had acquired only financially successful companies. But in 1979, it acquired Skil Corporation, a financially mediocre performing company for $58 million. 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For instance, Kraft makes $24 billionRead More The Causes of the Industrial Revolution Essay4968 Words   |  20 Pagesravaged by financial plunder and economic collapse, as well as possessing the only merchant fleet of any useful size (European merchant fleets having been destroyed during the war by the Royal Navy). The United Kindoms extensive exporting cottage industries also ensured markets were already open for many forms of early manufactured goods. The nature of conflict in the period resulted in most British warfare being conducted overseas, reducing the devastating effects of territorial conquest affectingRead MoreStudy on Peekay Steel Castings Ltd9554 Words   |  39 Pages..... 2 2.1 Introduction to Study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3 2.2 Objective of Study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3 2.3 Scope of Study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 3 2.4 Study Methodology†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 4 2.5 Introduction to Steel Industry†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 5 2.6 Executive Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 8 2. COMPANY PROFILE†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 9 2.1Growth amp; Evolution†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 10 2.2 About Peekay Group†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 10 2.3About the firm†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read More Comparing Karl Marx and John Stuart Mill Essay4553 Words   |  19 PagesManifesto was to become one of the most widely read and discussed documents of the 20th century. Marx sought to differentiate his brand of socialism from others by insisting that it was scientifically based in the objective study of history, which he saw as being a continuous process of change and transformation. Just as feudalism had naturally evolved into mercantilism and then capitalism, so capitalism would inevitably give way to its logical successor, socialism as the necessary result of class struggleRead MoreMonsanto: Better Living Through Genetic Engineering96204 Words   |  385 Pagesof the case analysis I N T R O D U C T I O N Preparing an effective case analysis: The full story Hearing with the aid of implanted technology: The case of Cochlea râ„ ¢ – an Australian C A S E O N E high-technology leader Delta Faucet: Global entrepreneurship in an emerging market C A S E T W O DaimlerChrysler: Corporate governance dynamics in a global company C A S E T H R E E Gunns and the greens: Governance issues in Tasmania C A S E F O U R Succeeding in the Sydney indie music industry C A S E F IRead MoreThe Strategies Of Samsung Mobile Phones Essay10311 Words   |  42 Pages NOIDA The Project Work as mentioned above is hereby recommended and forwarded for examination and evaluation. â€Æ' TABLE OF CONTENT S.NO. PARTICULARS 1. Introduction 2. Literature Review 3. Company Profile 4. Research Methodology 5. Data analysis and Interpretations 6. Summary and Conclusions 7. Recommendations and Suggestions 8. Annexure 9. Bibliography EXECUTIVE SUMMARY Samsung Galaxy line of mobile phones and tablets helped rally the handset maker a significant market shareRead MorePill Camera3060 Words   |  13 Pagesto calculate and indicate the position of capsule in the body. A belt is applied around the patient’s waist and holds a recording device and a battery pack. Sensors are incorporated within the belt. Data recorder Data recorder is a small portable recording device placed in the recorder pouch, attached to the sensor belt. It has light weight (470 gm). Data recorder receives and records signals transmitted by camera. It is of the size of walkman and receives and stores 5000 to 6000 JPEG imagesRead MorePill Camera3074 Words   |  13 Pagesused to calculate and indicate the position of capsule in the body. A belt is applied around the patient’s waist and holds a recording device and a battery pack. Sensors are incorporated within the belt. Data recorder Data recorder is a small portable recording device placed in the recorder pouch, attached to the sensor belt. It has light weight (470 gm). Data recorder receives and records signals transmitted by camera. It is of the size of walkman and receives and stores 5000 to 6000 JPEG images

Technology Changes in 1850-1900s Free Essays

The American economy has boosted, in such a way where positive and negative impacts can reflect on how the society is handled and seen as. New political ideas and inventions come to place, and our economy starts to shift and handle bigger changes. As a result, America used and developed new customs to help progress and grow to our necessities. We will write a custom essay sample on Technology Changes in 1850-1900s or any similar topic only for you Order Now One of the greatest impacts of technological inventions was the railroad. Railroads were the nation’s first â€Å"big business† and was a source of rapid transportation. Resources needed to build the nationwide network of railroads led to growth in other industries, for example, the coal and steel network. By making the technological changes, it increased and branched off into new jobs and products. For example, the railroads allowed farmers to sell their crops to a larger market, yet the railroads were more powerful than individual farmers or farm collectives. They were able to charge the farmers large fees, expenses that farmers barely had enough to cover, in order to transport their goods throughout the expansive country. Much of the technology was either expensive and/or needed large spaces to work effectively and sufficiently. Similar essay: Was the West a Land of Opportunity or Oppression? In order to promote western expansion, the federal government provided railroad companies with huge subsidies in the form of loans and land grants. Around 80 companies received over 170 million acres of public land and the railroad companies received more than three times the land given away by the Homestead Act. This was when they were offering 160 acres of land free to any citizen who was head of the household. This expanded land ownership and attracted foreigners to settle in these areas. Another huge invention which impacted the lives of people communicating across the country. This invention was called the Telegraph, created by Samuel Morse in 1844. By 1900 telegraph lines linked all continents in a global network of cables. This helped the communication travel around and when wars struck, they were able to stay in contact. The invention of the telegraph branched off to a new invention of the telephone, invented by Alexander Graham Bell in 1876. It opened the way for a worldwide communications network. The economic ideas of Laissez-faire capitalism and Social Darwinism, contributed to the rapid industrialization of the late 1800’s. Economists found in Social Darwinism, a way to justify the doctrine of laissez faire. Laissez-faire capitalism argued that business should not be regulated by the government and that they should be regulated by supply and demand. They would also offer goods at low prices and out of their self-interest. In the 1880’s trusts and monopolies started to undercut the natural regulation of the market. The second economic idea of Social Darwinism was based on Darwin’s theory of natural selection. This theory of natural selection and survival applied to the standards of the business world. How to cite Technology Changes in 1850-1900s, Essay examples

Environment and Development Economic Approach

Question: Discuss about the Environment and Development for Economic Approach. Answer: Introduction: Singapore is one of the fastest growing countries for more than a decade. The reason behind this growth in Gross Domestic Product is rapid growth in the industrial and service sector. The industrial sector produces twenty five percent of the countrys total income. The output percentage of the agricultural sector in the countrys Gross Domestic Product is insignificant. The high output percentage of the industrial sector is associated with high negative externality which affects the countrys environment. The environmental laws and regulations of the country are targeted against the negative externalities which affects the environment and economy as well. The essay will critically discuss the relevant economic theories that underlie the environmental issues in Singapore. The economic theories incorporated here are demand and supply theory, externalities of production, and government policies which comes from the National Environment Agency and other authorities. Proper examples which will focus on the issues that the country has been facing and the policies which has adopted by the government will be stated here. Possible changes which will make the policies better will also be discussed in this essay. The economy of Singapore started to grow since 1965. The government of the country took various measures in order to make the countrys economy dependant on the service and industrial sectors. The reason behind such decision was the countrys size. Agricultural sector will require more land which is not present in Singapore (Susskind and Ali 2014). The industrial sector got the boost from domestic and foreign investors. Demand and supply: The rapid investments increased the supply potential of the country. Following the Says law it was assumed that the supply will create its own demand. This helped the country in expanding its output. The situation can be depicted in the figure below: As shown in the figure above, the overall output of the country was at Q1. After the government of Singapore took initiation for expanding the domestic and foreign investments flooded in. It shifted the supply curve outwards of the country. As a result, the output level shifted to Q2. The price level in the market also got reduced from P1 to P2. This helped the countrys producers in facing higher demand. But the fall in price did not incorporate the social cost which resulted in market failure (Kannan, Govindan and Rajendran 2015). The government of Singapore at that time were more focused on the high growth rate of the economy. This diverted the focus from the negative externalities of the high production. The technologies used at first were not environment friendly as it is now. This trait increased the negative externalities and its effects on the economy. Similar problems were faced by other countries like China in different time periods. The degradation of the countrys environment forced the government to create new laws and regulations to improve the environment and reduce the degree of market failure in the economy. With more improvement in the technologies caused by high involvement of the research and development wings of different organizations, the regulations imposed by the government were followed. Externalities: There are two types of externalities of any economic decisions namely negative externalities and positive externalities. The positive externalities increase the social welfare of a country by adding values to the products. On the other hand, the negative externalities hamper an economy and the agents in the economy. The society as a whole gets benefits during occurrence of positive externalities. According to Lin (2014), the negative externalities reduce the well being of the citizens of a country. In the case of Singapore, the positive externalities included job creation and improvement of the standard of living of the people of Singapore. The per capita income rose rapidly during the transition period of Singapore. It added value to the well being of the people of Singapore. The factories which were a vital part of the countrys boom were a huge contributor of emission of green house gases like carbon monoxide (Rosenbaum 2013). It affected the environment of the country. The rapid growth also increased the purchasing power of the common people. According to Frumkin (2016), people started consuming products more, which emits green house gases. Example of these products is cars, diesel generators, and others. These were incorporated in negative externalities. To understand the negative externalities the following diagram is given: As shown in the figure above, the marginal private cost and marginal private benefit are used to determine how much to produce and how much will charge as price. The figure shows that P1 is the price which the private producers are ready to implement. The corresponding output is Q1. But in reality, the negative externalities to the environment are not incorporated in this price level. The inclusion of the cost to the environment would have made the price P2 and the quantity Q2. The social welfare which is not incorporated in the pricing strategy is marked in red in the figure. It represents the impacts on the environment of Singapore due the production processes adopted by the organizations. The situation represents a prisoners dilemma among the producers regarding protect the private profit and social profit. it shows the uncertainty regarding prioritizing between the environment and profit. Government: According to Tortajada, Joshi and Biswas (2013), in order to address the negative externalities and the market failure regarding it, which affects the environment and economy of the country inversely the government of Singapore has taken various steps. These steps include creation of government bodies which has the purpose of making rules and regulations. These regulations were targeted to make the production processes efficient and environment friendly. According to Quah and Roth (2012), the National Environment Agency is one of those initiatives taken in to account by the government of the country. This public organization was founded in the year 2002. The parent agency of the National Environment Agency is the Ministry of the Environment and Water Resources of Singapore. The purpose of this organization is to develop environmental initiatives in different sectors to protect the countrys resources from getting polluted. According to Ratti and Claudel (2014), it has three operationa l divisions: Environmental public health, Environmental protection, and Meteorological service Singapore. The ground surveillance and measurements to benefit the public health standard are observed and done by the Environmental public health division. This division is responsible for hygiene and the overall cleanliness of the country. It makes sure that the pollution from the factories is not affecting the citizens of Singapore. The Environmental protection division is responsible for protecting the environment of the country by pollution reductive policies and programmes. According to Mler (2013), it monitors all the organizations and their factories. The waste generated by the factories is monitored by the division as well. The Environmental protection division also implements various programmes which can affect the waste generation process to reduce. The division is also responsible for waste-to-energy projects that are currently running in the country. According to Tietenberg and Lewis (2016), the Meteorological service Singapore monitors the weather and environmental changes in the country. It benefits the socio-economic activities that help the country to grow. The countrys defence system is also aligned with this division. Any changes in the countrys weather due to the negative externalities of the factories make the organizations answerable to the Meteorological service Singapore. Policy measurements following the Cost benefit and market failure: The National Environment Agency has taken numerous measures to protect the environment of the country. In the year 2006, the government of Singapore announced accession to the Kyoto Protocol. According to Seltenrich (2016), the purpose of this is to encourage reduction of carbon emission and increasing energy efficiency for the betterment of the country. The policy measures by the institution also incorporate the ten percent energy challenge started in the year 2008. According to Dixon et al. (2013), this policy encouraged the households to reduce energy consumption by ten percent. The institution also proved that energy efficient electronic goods help the households and the offices in saving lifecycle costs. The waste generation increased from 1,300 tonnes a day in 1970 to 7000 tonnes a day in the year 2006. The institution started a waste management system which accelerated the recycling rate from forty percent in the year 2000 to fifty-six percent in 2008. These policy measures have increased the life span of landfills like Semakau from 25 30 to 35 40 years. The property rights in the country were such designed that the private owners of property focus significantly on the environmental issues (Lam and Notteboom 2014). The policy measures by the country which came through National Environment Agency after 2002 clearly sated the degree to which the country protects the private properties were different according to a rating system provided by the authorities. These policy measures were targeted to reduce the amount of waste that is generated by the factories and the households. It was proved by the National Environment Agency that these measures have yielded positive results. According to the Boj, Mler and Unemo (2013), the rate of pollution in the country has fallen since the early years of this decade. The reduction in the rate of waste and pollution generation also helped the biodiversity in the country. The survey team of the institution has found that near about eight hundred species of plants and animals in the five natural habitats of Semakau. Conclusion: The environmental protection in Singapore has been handled by the government strictly which gave positive results. The National Environment Agency was found by the government under the Ministry of Environment and Water Resources in the year 2002. The purpose of this institution is to help the country to reduce the negative externalities from the production processes that are running in the country. Since the independence, Singapore focused on production maximization. The prices that were charged initially did not cover the social welfare cost that was caused by the pollution generated by the production technologies. It caused market failure in Singapore. Since the introduction of the National Environment Agency the pollution production rate has been reduced over time. The three divisions of the institution addressed the environmental issues of Singapore through three categories of the environmental platform. The surveys done by the government, show that the policy measures brought po sitive results. There are some fields to work on still. With new ideas and the help of the research and development wing of the institution new programmes can be created to reduce the pollution percentage in the country. References: Boj, J., Mler, K.G. and Unemo, L., 2013. Environment and development: an economic approach (Vol. 6). Springer Science Business Media. Dixon, J., Scura, L., Carpenter, R. and Sherman, P., 2013. Economic analysis of environmental impacts. Routledge. Frumkin, H. ed., 2016. Environmental health: from global to local. John Wiley Sons. Kannan, D., Govindan, K. and Rajendran, S., 2015. Fuzzy Axiomatic Design approach based green supplier selection: a case study from Singapore. Journal of Cleaner Production, 96, pp.194-208. Lam, J.S.L. and Notteboom, T., 2014. The greening of ports: A comparison of port management tools used by leading ports in Asia and Europe. Transport Reviews, 34(2), pp.169-189. Lin, S.A. ed., 2014. Theory and measurement of economic externalities. Academic Press. Mler, K.G., 2013. Environmental economics: a theoretical inquiry (Vol. 7). Routledge. Quah, A.K. and Roth, M., 2012. Diurnal and weekly variation of anthropogenic heat emissions in a tropical city, Singapore. Atmospheric Environment, 46, pp.92-103. Ratti, C. and Claudel, M., 2014. LIVE Singapore! The Urban Data Collider. Transfers, 4(3), p.117. Rosenbaum, W.A., 2013. Environmental politics and policy. Cq Press. Seltenrich, N., 2016. Singapore success: new model helps forecast dengue outbreaks. Environmental Health Perspectives, 124(9), p.A167. Susskind, L.E. and Ali, S.H., 2014. Environmental diplomacy: negotiating more effective global agreements. Oxford University Press. Tietenberg, T.H. and Lewis, L., 2016. Environmental and natural resource economics. Routledge. Tortajada, C., Joshi, Y. and Biswas, A.K., 2013. The Singapore water story: sustainable development in an urban city state. Routledge.