How to write case study essay
Economic Topics For Term Paper
Sunday, August 23, 2020
Cultural Influence on Human Development Essay Example for Free
Social Influence on Human Development Essay It is essential to comprehend why culture influences and is an indispensable piece of human turn of events and ought not be neglected. Segment specialists foresee that the human populace will arrive at 9 billion by 2050, however the ascent won't happen similarly around the globe. The current segment partition between the rich created nations and the poor creating nations will just broaden in light of the fact that lion's share of the expansion will happen among the creating nations while that of the previous will really decay dynamically. For what it's worth, the consolidated populace of created nations just make up 18% of the all out total populace, and 9 of 10 people living here are in the top 20% of the worldwide salary dispersion. Conversely, about 40% of the worldââ¬â¢s populace lives on under two dollars for each day (Arnett, 2012). Varieties in human improvement happen due to contrasts in social settings, which thusly are altogether affected by financial status (SES) of a gathering. Instructive level, salary level, and word related status are for the most part parameters inside the SES. It invades all parts of human turn of events, from danger of newborn child mortality to nature of instruction and occupation possibilities to managing medicinal services in mature age. It is nothing unexpected that distinctions in SES are sharp among created and creating nations. Like SES, sex and ethnicity are solid drivers of culture and are key factors being developed. The division is obscured now, however since our commencement social desires for people have been tremendously unique. The Hunter-finder method of live advanced in light of the fact that our Homo predecessors expected to adjust to the long newborn child reliance to the mother, who stayed in a steady command post thinking about the posterity and social affair edibles close enough while the guys wandered out to chase for food. An extraordinary case of ladies accepting an optional job happened in Imperial China (tenth or eleventh century) where young ladies of the well off first class who didn't require them to work were exposed to difficult foot official to forestall further development. This was a showcase of status and turned into the image of excellence in Chinese culture. So profound situated is the sex distinction in Antiquity that it showed in the antiquated originations of human advancem ent that the three old religions â⬠Dharmashastras (Hindu), Greek (brought about by the scholar Solon), and the blessed Talmud (Jewish) â⬠were totally composed by and for men as it were. Ladies were rejected from regions, for example, strict administration and theory. Religion,â along with race and language, is a part of ethnicity. Late logical originations of human improvement additionally rely because of the social condition. Urie Bronfenbrennerââ¬â¢s biological hypothesis (Bronfenbrenner, 2005) causes to notice the more extensive social condition past the mother-youngster relationship that individuals experience as they create. He recognizes an exosystem of social organizations school, religion, and media â⬠that have aberrant yet vital impacts on improvement. His all the more including macrosystem of social convictions and qualities structure the establishment of financial and administrative frameworks. Center Eastern nations have governments and financial frameworks that depend on Islam. On the other hand, created nations trust in the estimation of individual opportunity and this is reflected in their entrepreneur economy and law based government. Regardless of what we look like at it, each part of human improvement be it natural, mental or social, is perpetually interlaced with culture. Also, an examination on human improvement that centers around the 18% of the worldââ¬â¢s populace living in created nations that can support significant research undertaking is both insufficient and unreasonable. Poor creating nations have rich and complex social frameworks that have real effect on human turn of events. Subsequently it is crucial that we find out about human advancement as it is experienced the world over.
Friday, August 21, 2020
Management Problem Solving - Facquier Gas Company Case Study
The board Problem Solving - Facquier Gas Company - Case Study Example In the wake of making requests from the plan engineer, Pat Wilson, it got apparent to Murphy that the new task would require channels of various particulars from those utilized in past ventures. As he would see it, Murphy considered the time length from January to June adequate in adjustment to the millââ¬â¢s lead-time. Be that as it may, Murphy had not gotten such subtleties in April, despite the fact that the undertaking was planned to start in June, and due for the end in September. The flexibly the executives, development and structure associations were under the headship of the VP of activities. The structure engineer, Pat Wilson and development engineer Sam Law neglect to support the funnel determinations in great time, convincing Murphy to ask from Wilson, just to understand that the channels required were of various details. Time had slipped by until April 14, leaving Murphy stressed over the constrained time for the acquirement procedure of the materials required in an offer to fulfill the June time constraint, the booked time for the beginning of the venture. One of the potential arrangements would include Murphy talking with Clive Byers, the task chief and featuring that the details were yet to be imparted. This would urge Murphy to plan a gathering with Byers as quickly as time permits. Byers would then ask from Sam Law and Pat Wilson. Subsequent to accepting data from them, he would endeavor to guarantee that the particulars are imparted to Murphy. In this arrangement, Murphy would have acted astutely by not exceeding Byers, since he heard the underlying data about the task from him. Byers has the ability to ask from the Wilson and Sam Law since he is the undertaking administrator, and has the command of guaranteeing that execution of activities happens inside the set timetables. In addition, this would serve to take care of the issue at the lower level without including more significant position authority. On the other hand, Murphy would move toward the Charlie Buck, the structure watch over, and ask from him.â
Thursday, July 9, 2020
Should PT.Kabitama Chem Tex invest on foundry pig iron or HMS (High Mild Steel Scrap) in order to expand its metal business - Free Essay Example
The sole proprietor of PT.Kabitama Chem Tex, which is a foreign Investment Company, had expressed interest in expanding his metal business. And so the aim of this paper was to carry out a feasibility study examining two investment alternatives forKabitama. Therefore, the research question is, à ¢Ã¢â ¬Ã
âShould PT.Kabitama Chem Tex invest on foundry pig iron or HMS (High Mild Steel Scrap) in order to expand its metal business?à ¢Ã¢â ¬Ã Through primary source (Interviews) and secondary sources (document, websites, textbooks) the SWOT was drawn out followed by decision tree and investment appraisal of the two metal products. The SWOT analyses of the company helped in gaining a clear understanding of Kabitamaà ¢Ã¢â ¬Ã¢â ¢s objectives of the project, this was done by identifying the internal and external factors. Major part of this paper went into analysing the quantitative decision-making techniques, as the conclusion is based on these results. The conclusion and recommendation gives an assessment of the two possible investment options for Kabitama and concludes that, on the bases of quantitative factors, HMS is a better product to invest on than Pig Iron. It also suggests that the company should also consider the qualitative factors, in order to reduce the risk factor. Word Count 197 Introduction PT.Kabitama Chem Tex is a foreign Investment Company with Mr Manish Parekh as the sole proprietor. Kabitama chemtex is a trading company that à ¢Ã¢â ¬Ã
âdeals in various types of chemicals, textiles and metals, with many countries like Indonesia, India, USA, South Africa, Dubai, Australi a, China, and many more, depending on the products, either to sell or buy as per the availability or demand of that product in the respective country. At present chemicals like dyes, dyes intermediates, plasticizers, agro products, glycols, are running smoothly. Where as in textiles, the market is mainly captured by China; therefore there is no big scope to grow. Coming to metals, ità ¢Ã¢â ¬Ã¢â ¢s a very promising area.à ¢Ã¢â ¬Ã [1] [2] Right now Kabitama is catering 1-2 metal products, but if market starts growing then requirement of many other items will emerge. This needs to be carefully observed, put into marketing research department. This report will carry out a feasibility study investigating two investment alternatives forKabitama. The first investment opportunity is on foundry pig iron. à ¢Ã¢â ¬Ã
âFoundry Pig Iron is used mostly for making grey iron steel product, ductile iron steel product used for motor spare parts and many industrial spare parts. These are used in replacement of scrap HMS as it has better properties like fast melting; firm specs and gives uniform results.à ¢Ã¢â ¬Ã [3] The second investment opportunity is on HMS (High Mild Steel Scrap). à ¢Ã¢â ¬Ã
âScraps are used to produce steel products as well as in foundry too. Both the products go hand in hand and so the price plays a big role.à ¢Ã¢â ¬Ã [4] Therefore the research question is- Should PT.Kabitama Chem Tex invest on foundry pig iron or HMS (High Mild Steel Scrap) in order to expand its metal business? Methodology A range of sources was applied to investigate Kabitamaà ¢Ã¢â ¬Ã¢â ¢s two alternative choices. Primary research involves interviews with the owner of Kabitama, Mr Parekh and the accountant, Mr Himawan. This was undertaken in order to identify Kabitamaà ¢Ã¢â ¬Ã¢â ¢s future strategic and financial plan. The interviews also contributed to their knowledge and understanding of the companyà ¢Ã¢â ¬Ã¢â ¢s SWOT, as well as the venture risks, and operating procedures Secondary research was carried out in order to collect information and data related to the company as well as to learn more about investment appraisal and decision tree. The information was collected from various sources such as financial documents, textbook and websites. The focus of this assignment is to compare the primary and secondary information to explore and companies two alternative product choices, and analyse them through investment appraisal, decision tree and SWOT, in order to compose a suitable solution. Research and findings Product details[5] Indonesia is full of rich minerals but its raw materials are still only exported. Not much raw material are converted to semi finish product which can fetch more money if there will be a support for foreign investor to invest in Smelting plant by which the raw material can be converted to semi finish product and ultimately it will bring more profit to the compan y as well as the country. Indonesia wants to start building automotive and its spare parts manufacturing. Till now all cars are assembled where by the à ¢Ã¢â ¬Ã
âpopulation of Indonesia is 250 millionà ¢Ã¢â ¬Ã [6] and still not self reliant even though all the ores and man power are available in the country. Therefore, the requirement of metal is quiet huge in Indonesia as some of the products they need to Import. In the last 2 years there is a shift of business in metals from Korea, Thailand, Taiwan and China towards Indonesia. A substantial growth has been detected which can grow into multi product requirement and to capture any big market share. Kabitama has to have a good base to represent and offer its related products before competitors enters, which Kabitama already has. Now they need to do more competitive sourcing, tracking new buyers and upgrade technical aspects of products. Decision Tree[7] Calculations[8] Pig Iron HMS Expected values ($5660949ÃÆ'ââ¬â0.7)-($566094.9ÃÆ'ââ¬â0.3)= $3792835.83 ($5649756ÃÆ'ââ¬â0.9)-($1412439ÃÆ'ââ¬â0.1)= $4943536.5 Net Expected values $3792835.83-$2500000= $1292835.83 $4943536.5-$2200000= $2743536.5 Investment Appraisal[9] Investment appraisal is a quantitative technique used to calculate the financial cost and benefits of an investment decision. The payback period Works out how long it takes to repay the initial investment Net present value This takes into account the time value of money. It is based on the principle that money is worth more than it is in the future. Investment Project A: Foundry pig iron[10] Investment $2500000 Interest 6% Month Cash flow ($) Cumulative cash flow ($) Discount factor[11] Present value April 424957.5 424957.5 0.943 400734.9225 May 463590 888547.5 0.943 437165.37 June 500505.5 1389053 0.943 471976.6865 July 442127.5 1831181 0.943 416926.2325 August 173417 2004598 0.943 163532.231 September 370872 2375470 0.943 349732.296 October 566610 2942080 0.943 534313.23 November 585497 3527577 0.943 552123.671 December 613827.5 4141404 0.943 578839.3325 January 533557.75 4674962 0.943 503144.9583 February 505227.25 5180189 0.943 476429.2968 March 480760 5660949 0.943 453356.68 Total 5660949 5338274.907 Payback Period= 6 months = 6 months and 6.8 days 2838274.907 Investment Project B: HMS (High Mild Steel Scrap) [12] Investment $2200000 Interest 6% Month Cash flow ($) Cumulative cash flow ($) Discount factor[13] Present value April 461151.6 461151.6 0.943 434865.9588 May 499653 960804.6 0.943 471172.779 June 506142 1466946.6 0.943 477291.906 July 508737.6 1975684.2 0.943 479739.5568 August 245284.2 2220968.4 0.943 231303.0006 September 514794 2735762.4 0.943 485450.742 October 584010 3319772.4 0.943 550721.43 November 517389.6 3837162 0.943 487898.3928 December 472399.2 4309561.2 0.943 445472.4456 January 483646.8 4793208 0.943 456078.9324 February 428274 5221482 0.943 403862.382 March 428274 5649756 0.943 403862.382 Total 5649756 Ãâà - 5327719.908 Payback Period= 4 months = 4 months and 28.4 days 3127719.908 Analysis and discussion SWOT analysis[14] Kabitama has a very good market reputation for keeping commitments in terms of delivery. This will work as an advantage, as the business will easily get suppliers and buyers, and therefore have high customer retention. The owner has high knowledge of the products, which helps the business to respond to the market quickly. As Kabitama is owned by a sole trader, there is no hierarchy, which insinuates quick decision making. At the same time, the size of the company suggests limited human resources and unlimited liability. Another weakness of the business is that, project planning is nonexistent. This can create big problems while making a decision. The automobile industry is growing in Indonesia; therefore there is a huge requirement of metal products. By taking this opportunity of increase in market demand, Kabitama can grow their metal business and earn higher re venues. As a trading company there should be a continuous monitor of price trend as well as market demand. Buying and selling has to be in a swift mode. Goods should not be lying in warehouse. If there is high supply of the product, than there should be a high demand for the product or visa-versa. If this doesnà ¢Ã¢â ¬Ã¢â ¢t happen then there this ultimately causes cost, black finance and if there is a poor demand then may cause lost too. So the demand and supply of the products are very important in order to make the project a success. It is also important for the company to analyse the fluctuation of the exchange rates, government laws, payment terms, ect. This is because market price of the raw material depends on these factors. If any of these changes, then it might act as an opportunity or a threat for the business. Decision tree analysis A decision tree is a quantitative decision making tool. A decision tree will help the company to choose between the two proj ects as it projects a balanced picture of the risks and rewards associated with each project, by calculating the expected values. This value refers to the average outcome if the decision was made several times, in exactly same situation. [15] The net expected value for project B ($2743536.5) is more than double than the value for project A ($1292835.83). This clearly states that project B is the best option out of the two projects, and therefore the company should reject project A. But before doing so, it is important for the company to should consider additional financial and non-financial information. Even though a decision tree allows the company to analyze fully the possible consequences of a decision, it can also be incorrect. As a decision tree depends on the accuracy of the estimate data. If the data is biased towards a particular outcome or is wrongly estimated, than automatically the results will be incorrect. To avoid this problem I have also calculate the investment ap praisal of the two projects. Investment appraisal Analysis Project A- Pig Iron Project B- HMS Profit $3160949 $3449756 Payback Period 6 months + 6.8 days 4 months + 28.4 days NPV 2838274.907 3127719.908 The table above gives an overview of the investment appraisal I have calculated. The payback period for project B is shorter than project A. This suggests that project B will take less time to earn enough profits to repay the cost of the initial investments. Therefore project B is more liquid, and less risky as it allows the company to recoup the investment sooner, so they can reinvest the money elsewhere. Moreover, with a shorter payback period, theres less of a chance that the economy, exchange rates, market conditions, or other factors affecting this project will drastically change. This method is the simplest way of comparing investment projects in order to identify which project yields a quick return for the business. However, this method ignores the total revenue on the investment projects and the time value of money.[16] To overcome this problem I have calculated the net present value of these two projects, as it considers the time value of money. The net present va lue method will help the company find the present value in todays dollars of the opportunity cost of money and future netcash flow of the projects. NPV analysis is used to evaluate the projects cash flows, rather than the revenue from the project. This is because à ¢Ã¢â ¬Ã
âNPV does not consider depreciation as it is not an out-of-pocket expenseà ¢Ã¢â ¬Ã [17] . In this case the opportunity cost is the interest rate which is 6%. Both the projects are giving positive outcomes; this suggests that both the projects are profitable for the company. As Project B has a greater difference between NPV and cost than project A, it is advisable to choose project B. Conclusion and Evaluation In answering the question à ¢Ã¢â ¬Ã
âShould PT.Kabitama Chem Tex invest on foundry pig iron or HMS (High Mild Steel Scrap) in order to expand its metal business?à ¢Ã¢â ¬Ã This paper clearly delineates the extent of its effectiveness by analysing the SWOT, investment appraisal and decision tree of these two metal products. This paper should help Kabitama in deciding the best investment project for expanding their metal business. Overall, on the bases of the investment appraisal and decision tree, it is advisable for Kabitama to choose project B (HMS) as it has higher profit, lower payback period, higher net present value and a very high net expected value then project A (Pig Iron). But these are only the quantitative decision making techniques, in order to decide the best option it is important to also consider the qualitative side (non-financial factors). Which are[18]:- The aims of the organisation- if Kabitamaà ¢Ã¢â ¬Ã¢â ¢s aim is to earn maximum profit then it will focus on the results of investment appraisal, Reliability of the data Risk- this project can be a risk if the data is wrong as the calculations will be wrong which may lead to a wrong decision. Kabitama may prefer to choose a lower but more certain return. The Economy- Interest rates will have a major impact. If interest rates are increasing, any investment will be required to provide a greater profit. Future economic changes, such as a recession or boom, must be considered in the predictions of future costs and revenues. Image- Kabitama should consider how this project might affect its image and public relations Ethics- as Kabitama has a genuine commitment to trading ethically; the company should also consider this factor. So to decide which project is the best, the company should research more on the qualitative factors of investment appraisal technique and other non-financial factors. The company should also include more metal products in their research department, this will help the company in choosing the best metal product to invest and expand their mental business. It may also be useful to adopt other methods of investment appraisal such as the Accounting Rate of Return, which is less sensitive to fluctuations in future cash inflow. This way, with more information, Kabitama will be able to see the advantages and disadvantages of each project more clearly. This will result in reducing the risk factor and there will be a higher possibility for the investment to be a success. [1] Appendix 1- Parekh, Manish. Personal interview. 22 Feb. 2013. [2]Textiles Industry in Hong Kong | HKTDC.Textiles Industry in Hong Kong | HKTDC. 14 Apr. 2013 https://hong-kong-economy-research.hktdc.com/business-news/article/Hong-Kong- Industry- Profiles/Textiles-Industry-in-Hong-Kong/hkip/en/1/1X000000/1X0040EM.htm. [3] Appendix 3 Wira, Himawan. Personal interview. 5 Apr. 2013. [4] Appendix 1- Parekh, Manish. Personal interview. 22 Feb. 2013. [5] Appendix 1- Parekh, Manish. Personal interview. 22 Feb. 2013. [6] Indonesia Population 2013.- World Population Review. Web. 08 Mar. 2013. https://worldpopulationreview.com/countries/indonesia-population/. [7] Appendix 3- Wira, Himawan. PT.Kabitama Chem Tex Financial data on metal products. 5 Apr. 2013. Raw data. Indonesia, Jakarta. [8] Clark, Paul.Business and Management: Course Companion. Oxford: Oxford UP, 2012. Print. [9] Clark, Paul, Peter Golden, and Mark ODea.IB Business and Management. Oxford: Oxford UP , 2009. Print. [10] Appendix 3 4 Wira, Himawan. Personal interview. 5 Apr. 2013. Wira, Himawan. PT.Kabitama Chem Tex Financial data on metal products. 5 Apr. 2013. Raw data. Indonesia, Jakarta. [11] Appendix 5- Brealey, Richard A., Stewart C. Myers, and Franklin Allen. . Principles of Corporate Finance. 8th ed. McGraw-Hill Irwin companies page 1.PRESENT VALUE TABLES. 10 Apr. 2013 https://jcooney.ba.ttu.edu/fin3322/Brealey Files/Appendix A Present Value Tables.pdf. [12] Appendix 3 4 Wira, Himawan. Personal interview. 5 Apr. 2013. Wira, Himawan. PT.Kabitama Chem Tex Financial data on metal products. 5 Apr. 2013. Raw data. Indonesia, Jakarta. [13] Appendix 5- Brealey, Richard A., Stewart C. Myers, and Franklin Allen. . Principles of Corporate Finance. 8th ed. McGraw-Hill Irwin companies page 1.PRESENT VALUE TABLES. 10 Apr. 2013 https://jcooney.ba.ttu.edu/fin3322/Brealey Files/Appendix A Present Value Tables.pdf. [14] Appendix 12- Parekh, Manish. Personal interview. 22 Feb. 2013. [15] Decision Trees.Decision Tree Analysis. Web. 19 Dec. 2014. https://www.mindtools.com/dectree.html. [16] Clark, Paul, Peter Golden, and Mark ODea.IB Business and Management. Oxford: Oxford UP, 2009. Print. [17] Winmark Business Solutions.WBS Online. Web. 12 May 2013. https://www.wbsonline.com/resources/net-present-value-of-major-purchases/. [18] Accounts and Finance.Investment Appraisal. Web. 21 May 2013. https://www.gregglee.biz/ftp/student/Finance/page_28.htm.
Tuesday, May 19, 2020
Obesity And The American Diabetes Association Essay
According to the American Diabetes Association (2016), more Americans die each year from diabetes than from AIDS and breast cancer combined. As a result, researchers have extensively studied the causes, treatments, and interventions for diabetes. Despite efforts to ameliorate its effects, diabetes remains a prevalent danger in society. In 2014, 7% of U.S. adults were living with diagnosed diabetes (Centers for Disease Control and Prevention [CDC], 2016). In Louisiana that number was even higher - 10.4% of adults have been diagnosed with diabetes. Breaking it down by age group, however, in Louisiana 3% of people aged 18 and 44 have been diagnosed, and 15.2% of people 45-64. (Centers for Disease Control and Prevention [CDC], 2015a). Several studies have predicted future rates of diabetes, both in the United States and worldwide - nearly all of these studies reached a similar conclusion: rates of diabetes will continue to rise (Boyle et al., 2001). Many studies have examined the link between poverty and diabetes. The CDC (2015b) have identified the following as primary factors that lead an individual to have an increased risk of developing diabetes: being overweight or obese; having a parent or sibling with diabetes; having African American, American Indian, Asian American, Pacific Islander, or Hispanic American/Latino heritage; having a history of gestational diabetes; having blood pressure measuring 140/90 or higher; abnormal cholesterol; and being physically inactive. TheShow MoreRelatedObesity And Diabetes : Obesity Essay992 Words à |à 4 PagesReview of Literature Obesity and Diabetes Obesity in the United States has more than doubled over the past four decades. Prevalence of obesity cause many other disease such as diabetes and heart issues. Obesity can be described as a health condition of a person or people of a population that have excess body fat. Diabetes is a disease related to high level of blood sugar in the blood. 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Wednesday, May 6, 2020
An Article On The Media - 1340 Words
Robert Madden Shannon Lawson English 1102 (04) September 29, 2014 To Publish or Not to Publish? ââ¬Å"If the newspapers of a country are filled with good news, the jails of that country will be filled with good peopleâ⬠(What). This journalist quote, by Daniel Moynihan, means that there are going to be times when news stories are devastating, gruesome, and tragic. News stories resembling that are inevitable and can leave a city, county, state, country, or even the world in shock. When the media, such as newspapers, radio, and television, reports these types of stories, however, the public seems to think they go overkill, at times, on the images or videos they show to them. At the same time, the media is trying to show the public what exactly is happening and wants them to understand what the victims are facing. This creates a fine line that the media wants to get as close to it as possible without crossing it and causing outrage and anger from the people. 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The article also shows how the APA is teaming up with federal programs to help resolve these harmful effects that the media is portraying.Read MoreScientific Method and Media Piece Article Essay715 Words à |à 3 PagesName:Mark Delarosa 1. Find a media pieceââ¬âarticle, video, presentation, song, or otherââ¬ârelated to the scientific method, creating hypotheses, or designing experiments. Include the link or reference citation for the piece and describe how it helped you better understand how the scientific method is used to create hypotheses and experiments. The book ââ¬Å"Campbell Essential Biology with Physiologyâ⬠discusses how athletes today are using certain types of steroids to enhance their performance. However
s Baggers - Restaurant of the Third Dimension
Question: Describe about the s Baggers - Restaurant of the Third Dimension. Answer: 's Baggers - Restaurant of the third dimension Introduction 'S Baggers in Neurenberg, Germany is the programmed or automated eatery, which highlights the best of innovation to the administration of the visitors. This site is no spot for servers. Everything is taken care of from a screen, at the table, where the menu shows up thus the coffee shop can choose what to eat. It sends screen orders to the kitchen, situated on top of the eatery, and afterward straight to your place at the table, without passing through the hands of the server! And afterward who brings the dish to the table, since it comprises of a slide down the slide plates to the site of the coffee shop. Unique Selling Point of s Baggers Restaurant Each business needs to have a novel marketing Proposition it's the one factor that separates your business from one another one. Varied eatery proprietors have adulthood clarification USPS like "Our nourishment is that the best Italian, Home Style, Chinese or another reasonably food round the native space." that's an extreme one to advertise, in light-weight of the fact that it infers a substantial live of various things. Is it true that you just price plenty over your rivals? On the off likelihood that it's the most effective nourishment, it needs to be. Is it true that you just are invariably reserved out; is there a holding up rundown?( West, Olsen, 1990) Within the event that it's the most effective nourishment, then it needs to be. On the off likelihood that it is not reserved out, if the prices are not the foremost elevated, then maybe you've got to require a goose at obtaining another USP to aim and attract new purchasers. The eatery which is adjacent to Nuremberg called s'Baggers where you arrange your sustenance on a touchscreen and the nourishment is conveyed to your table naturally on metal rails. (Spiegel, 2007) Clearly, Rollercoaster Restaurants is a developing industry. The organization behind the outline of s Baggers is making one of these in Dubai, and there are additionally eateries like this in Hamburg and Dresden. (Westkaemper, 2011) Such eateries with tricks are catching everybody eyes, and the front passageway is brilliant and inviting, as a well-disposed family eatery should be. s Baggers restaurant has revolutionized the ever growing and changing Hospitality Industry Attracts a variety of target different demographics through various unique selling points. This concept includes: High-Quality foods at Low Prices: They are providing such a great range of Food items in low prices which automatically attracts loads of families. (supportatjetpc, 2011) Patent Technology: Their technology of taking orders and the whole mechanism is a unique thing and is patented also because its the main thing which sets them apart from other competitors and is one of their big strengths. (Ghiselli Restaurant Software: The Restaurant System is something which helps them in great customer handling and efficient management of so many orders. (Schaefer, N. n.d ) Restaurant Characteristics: The interior designs are so amazing. Inside, the rails that lead from the kitchen to every table are circled shrewdly around the room. (Baraban, 2010) SWOT (strengths, weaknesses, opportunities and threats) Strengths: 's Baggers crisply gets ready dishes cooked with the neighborhood and natural fixings that are low in fat and offering phenomenal worth for cash: This has made them such a big outlet that customers know them as the fast service restaurants. Patent Technology's Baggers utilizes client cooperation as one of their extraordinary offerings focuses: This helps them cater to their customers very efficiently and makes them happy also, and this is their internal strength as they have a great customer base which is coming back to them time and again to experience this unique restaurant. Suppers and beverages are requested by clients at the table utilizing the EPOS framework and this EPOS is truly efficient giving them the edge is delivery. Eatery Softwareenables 's Baggers to work a reliability reward plan and in addition offering rewards to clients who suggests the eatery programming likewise offers pictures and depictions of dishes Restaurant Characteristics. (Van, et. al 2007) 's Baggers is known as a Franconian eatery utilizing Franconian sustenance presentation The eatery idea depends on the framework proficiency as well as given consumer loyalty and making a very surprising background. Weaknesses: The technology might turn down giving them a tough time regarding functioning. The route of serving customers which they are following might hamper their services- As the rollercoaster method which they sometimes have proof to be unhygienic. (Rollercoaster Restaurant, n.d) The number of restaurants they have might not make them that much famous. Opportunities: With such a unique model of the restaurant, they have a chance of opening so many restaurants to increase their revenues and diversify. Customers are happy with their servicing and thus they can cater to a large customer base by opening more outlets with different formats as they are known for their servicing. (Ruggless, 2015) Threats: Other restaurants can work on similar technology even if their technology is patented. The competition can come and hamper their growth by offering customers even more fabulous interior. Thus they need to keep on diversifying, and the customers might get bored with their unique points soon. Other points: Strengths: Fast, convenient for the customers to enjoy food with a nice time with family. Low labor cost and thus low prices for the customers which make them have reasonable prices, and thus it attracts them. Its an enjoyable, interesting experience they have with an interior which fascinates many. (Rosenber, 2007) Opportunities: A particular type of this restaurant in the world, thus they can make sure everyone knows about it. They should be attracting customer who want to go to new kinds of restaurants. (Van Alphen, et. al, 2007) They can look for franchising systems if quality is maintained. Weaknesses: With automation, lack of service can be there and thus its hard to communicate. The maintenance is so high. Threats: Traditional restaurants might be pressed more. Views as a potential customer- things I like about the concept things I dislike I like: New experience and entertainment value: The kind of experience which is being provided to the customer is quite. The way the customers are amused with the kind of utensils they use to carry down the food. (GiVideo, 2010) Easy (convenient) and efficient: The kind of systems and sections on tables they have, its very great as they have places to keep unused plates and the staff comes and cleans it periodically. The customer need not worry where to keep used plates even if the restaurant staff is busy. (Westkaemper, 2011) High quality and inexpensive: The preparation they have for the food is amazing as they have low fat preparation to cater to the customer so that they can maintain the quality and amuse the customers with the taste. Waiting time is very less Special eating experience Theme restaurants in fashion. I dislike: The wait for the food which needs to be done. The kind of utensils used just to send the food through pipes. The pipes might misbalance the food presentation. Some food is carried by the staff, some by pipes- thus confusion is there. The dcor is like a laboratory. Views as a manager- things I like about the concept things I dislike I like: Reduce Over heads: This sort of service method decreases cost per head of the employees and thus beneficial for the company to have reduced costs Instant feedback Management: The kind of surprise and the management can ask about the experience there and then and thus the scope of improvement increases. (Schaefer, n.d) I dislike: This kind of system may break in between: The automation through EPOS system may create a lot of problems and thus this can turn tables for the restaurants in terms of low customer turnout if they are not able to serve them efficiently. (Ghiselli, et. al, 2001) Short term craze can be there for such types of restaurants making it difficult for the company to manage their expenses. If the customer after certain visits get bored, then all the maintenance of such a huge interior will be very difficult to maintain. Three consumer trends that is likely to affect mid-market restaurant operations in the next five years Transparency in terms of the food and ingredients: Individuals progressively need to think about the fixings and their causes in sustenance. While that has been the situation for a couple of years, the next five years need to see the pattern with more standard consideration. (Mintel, 2007) Clients are more intrigued by what they're eating and where it originates from and they need to know its being become mindfully. Making it genuine is vital and thus the genuine place caters to customers and they get happy with such kind of transparency only. This includes a ton of issues; however purchasers are progressively concentrating on them. (Burger, 2005) Clients' meaning of worth is crisp fixings, quality sustenance, and great tasting nourishment at sensible costs. Thus the trends say that the customer will go for new kind of restaurants but only if quality is there with affordable prices. Strong flavors A few specialists say Asian flavors will be the top new taste incline this year. Others point to food in view of Latin and South American cooking. There are additionally desires that Mediterranean or local American passage will be innovators. (Mae and Gala, 2005). Americans' developing yearning for new, energizing, and intense flavors, regardless of their social source and thus the new kind of restaurants with bold flavors will come in picture. "There has been Mexican, Chinese, and Italian in America for a considerable length of time, yet now we see corners or areas, and thus they need to be seen that it has visitors who are willing to try new flavors. (Davis, 2013) Individuals now a days love new flavors and thus the mid- operation restaurants should see that they have great flavors which appeal the customers. (Steven, 2013) Stabilized Food Costs Spending Power: The trend of food costs will be buying agreeable for moderate sized chain eateries, gauges sustenance expenses. Urgently for the eatery/bars area, buyers are likewise anticipated that would keep spending more. (Sloan, 2007) Following a 2.5% ascent this year, shopper spending is conjecture to develop by 2.3% in 2015, by 2.2% in 2016 and 2.0% and 1.8% in the accompanying two years. The speedy administration part is likewise on the up, though not exactly as quick as easygoing feasting, with 4.2% movement development in the most recent five years. The ever demanding shopper is cost cognizant and time touchy, so the segment reverberates well with the cutting edge customer. The quick, easygoing ideas have a quality suggestion on nourishment while putting an accentuation on esteem for cash. (Ma, 2015) Hospitality Operating Cycle of Control Operating Cycle of Control Description: 's Baggers crisply gets ready dishes cooked with the neighborhood and natural fixings that are low in fat and offering phenomenal worth for cash: This has made them such a big outlet that customers know them as the fast service restaurants. The hospitality cycle was actually of S Baggers Restaurant is on the basis of EPOS, and thus it has a direct point of sale with the customer and thus it makes it efficient for the customer, as well as the staff to take orders. The kitchen staff is quite fast, and their beverages were out no more than three or four minutes after concluding the order and even the food comes fast. Their main dishes had sparklers when it comes down the rail pipes. It also has a colored flag attached to know whether the dish belongs to you or not. (Spiegel, 2007) Their entrees come out in little pots. The pots are fancy and keep the food hot. The interiors might make the customers think that the quality is bad but their menu is quite comprehensive and have a lot of choices. Underneath the railing framework on every table is a colossal section containing plates, bowls, napkins, flatware, and a jug opener. The segment unmistakable to one side of the plates is additionally where you put unfilled pots, utilized plates, etc. staff from the eatery would drop by occasionally to exhaust out that area. (Blottenberger, 2011) Menu, product flow, and facility design: As per the S Baggers Restaurant they have an excellent product flow with the on table screens but to increase the product flow they can take in consideration of time by seeing that how many tables are filled and if similar orders are taken at the same time they can be maintained and made simultaneously. (Ruggless, 2015) Facility design: For the facility design, the consideration of the number of tables should be seen. This can be calculated by seeing that how are the number of customers are there and multiplying with the cost of the maintenance. Menu: The organic menu which they have should have some options for the kids as well. References Burger, R. 2005. Ten Environmental Tips for the Hospitality Industry, https://www.economicallysound.com/ten_environmental_tips_for_the_hospitality_industry.html#more (accessed 30th August 2007). Mae Wan Ho and Gala, R. 2005. Food Miles and Sustainability, Institute of Science in Society, https://www.i-sis.org.uk/ FMAS.php (accessed 30th August 2007). Mintel 2007 b. Eating Out Review UK July 2007, Mintel International Group Limited . London: Mintel. Sloan , A. E. 2007. Top 10 food trends. Food Technology , 61 ( 4 ) , 23 39 . Times Online Business in Brief, https:// business.timesonline.co.uk/tol/business/industry_ sectors/article2288863.ece (16 August 2016). Van Alphen , K. , Van Sark , W. and Hekkert , M. P. 2007. Renewable energy technologies in the Maldives Determining the potential . Renewable and Sustainable Energy Reviews , 11 ( 8 ) , 1650 1674 Steven, 2013, sBaggers: A Rollercoaster Restaurant in Nuremberg, retrieved from 16th August, 2016. https://stevenglassman.com/2013/10/07/sbaggers-in-nuremberg/ Rollercoaster Restaurant, n.d., https://www.rollercoasterrestaurant.com/en/ , retrieved on 16th August, 2016 Blottenberger, D., 2011, After Hours: 's Baggers near Nuremberg, Germany Stars and Stripes, https://www.stripes.com/military-life/after-hours-s-baggers-near-nuremberg-germany-1.137777 retrieved on 16th August, 2016 Rosenber, S., 2011, BBC News, Nuremberg, Fast food, German-style, https://news.bbc.co.uk/2/hi/europe/7335351.stm, retrieved on 16th August, 2016 Ma, L. 2015, 10 of the world's most quirky restaurants, https://travel.cnn.com/10-fabulously-quirky-restaurants-943096, retrieved on 16th August, 2016 Davis, B. 2013., Food and Beverage Management, Routledge Ruggless, 2015, Diversified Restaurant Holdings closes 8 Bagger Daves restaurants, https://nrn.com/operations/diversified-restaurant-holdings-closes-8-bagger-dave-s-restaurants, retrieved on 16th August, 2016 Baraban, R.S. 2010, Successful Restaurant Design, John Wiley Sons Spiegel, A.D. 2007, Goodbye Rude Waiters:World's First Automated Restaurant Opens In Germany, https://www.spiegel.de/international/zeitgeist/goodbye-rude-waiters-world-s-first-automated-restaurant-opens-in-germany-a-501086.html, retrieved on 16th August, 2016 West, J. Olsen, M. 1990, Grand Strategy: Making Your Restaurant a Winner, Cornell Hotel and Restaurant Administration Quarterly 31, no. 2 (August 1990): 72-77. Ghiselli, R., Lopa, J.L. Bai, B. 2001 Job Satisfaction, Life Satisfaction Turnover Intent of Food Service Managers, Cornell Hotel and Restaurant Administration Quarterly 42, no. 2, 28-37; and Self, An Analysis of Restaurant Failure Rates. GiVideo, 2010, An automated restaurant "'s baggers" in Nrnberg, https://www.youtube.com/watch?v=8wrhpYGicZ0, retrieved on 16th August, 2016 Schaefer, N. n.d , s Baggers, Germany https://www.quirkyguide.com/place/%E2%80%98s-baggers-nuremberggermany, retrieved on 16th August, 2016 supportatjetpc, 2011, Nurnberg 's Baggers, https://www.youtube.com/watch?v=8gjOAC8raxc, retrieved on 16th August, 2016 Westkaemper, R, 2011, 's Baggers - the restaurant of the 3. dimention, https://www.youtube.com/watch?v=u4S9pzLUQyY, retrieved on 16th August, 2016
Wednesday, April 22, 2020
The Story Of An Hour Essays (395 words) - The Story Of An Hour
The Story Of An Hour alfaro 1 The Story of an Hour. Kate Chopin was a Victorian writer; whose writing manifests her life experiences. She was not happy with the principles of the time, because women had fewer rights, and they were not considered equal to men. Afraid of segregation from society, people lived in a hypocritical world full of lies; moreover, Kate Chopin was not afraid of segregation, and used her writing as a weapon against oppression of the soul. Marriage was an oppressor to Chopin, she had been a victim of this institution. Being a victim of marriage, Chopin's Story of an Hour, is an expression of her believe that, marriage is an institution that oppresses, represses, and is a source of discontent among human beings. Mrs. Mallard loved her husband. She wept at once This was her first response to the news of his death. She would not had grieved over someone she did not love. Even in the heat of her passion she thinks about her lost love. She knew that she would weep again when she saw the kind, tender hands folded in death; the face that had never looked safe with love upon her, fixed and gray and dead. Her love may not have been the greatest love of all time, but it was still love. Marriage was not kind to Mrs. Mallard, her life was dull and not worth living, her face showed the years of repression. If she did love this man, why was marriage so harmful to her? Marriage was a prison for her There would be no powerful will bending her in that blind persistence with which men and women believe they have a right to impose a private will upon a fellow creature. Marriage oppressed her, she needed freedom, freedom to grow and do what she wanted to do, and marriage took that away from here. Chopin didn't believe that one person should take away another's freedom. Mrs. Mallard loved her husband at times, but she loved freedom more. For the first time Mrs. Mallard, felt free since her marriage free body and soul free Chopin relates Mrs. Mallard's intese feeling of freedom to that of an orgasm. A great weight had been lifted off her shoulders, and the feeling was extacy. But like an orgasm it did not last long, the weight came crashing down upon her. English Essays
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