Wednesday, July 31, 2019
Clothing Store Case Study
29/1/2009 Executive Summary: This work is an introduction to the fashion industry of Pakistan which has made quite a lot of progress in just a few years. Ten to fifteen years from now, this industry was still unknown to actually exist to the masses. Later with the formation of fashion councils and education centers under the enthusiastic few who wanted to make a difference and promulgate this very institution of fashion, did the very fashion industry took its concrete contour from the old tailor culture that formerly existed. Today it is one of the most progressing industries in the country. The fashion industry too, is influenced by external forces be they social, political, economic, technological or even competitive, which serve as a main driver for this industry. Moreover, relations with stakeholders ââ¬â mainly suppliers, distributors and customers, and the strength and width of its competitors also define activities in the business. However, the relative strength of impact of these external factors on the industry varies (as in every industry) and is computed with analytical tools like PEST-C analysis and Porterââ¬â¢s five forces model. Nonetheless, fashion industry assures new arenas of growth and development; new opportunities for employment. This industry promises a different national projection that is serene and contemporary. Later, an extensive internal analysis of the company of concern is carried out, which in this piece of work is Maria B. Maria. B. is one of the most well renowned brands of Pakistan. A company formed to revolutionize the tailor-culture of apparel making in our society. Maria B. s a brand that reaches to all sectors of both the traditional and urban female fashion demand through a unique combination of pricing and the diversity in the fashion lifestyles that she offers. She is the only designer to have all the needs of different segments of the womanââ¬â¢s demographic covered under one roof. (Randhawa) She has been adopted by the modern Pakistani women along with the hip crowd as the latest cult label in recent years. This country previously never witnessed a true international pret-a-po rter collection before Mariaââ¬â¢s infamous ââ¬Å"Paris Collectionâ⬠in 2001. Her clothes are a reflection of her own style. Fashion Avenue Quarterly, 2003) The top student from the first batch of graduates from the Pakistan School of Fashion Design, Maria was selected in 1997 to represent Pakistan at the international competition in Belgium, Europe called ââ¬ËLes Etoiles de la modeââ¬â¢, an annual young designers award. She made a major international media impact, and was the first Pakistani fashion designer who created awareness of Pakistani Fashion on the world circuit, when she finished top 3 in the final rankings amongst 22 participating countries including global fashion giants like, France, Italy, Japan, and U. S. A. A media darling of the local press, Maria B. opened her first outlet in 1998 in DHA Commercial Block, Lahore at a time when her peers and seniors were still operating from their homes, or at rented houses. Today, Maria B is immensely successful and is the largest selling brand under a fashion designerââ¬â¢s label in Pakistan. (Randhawa) Her lines are so exquisite and Maria considers them her strength. With her financial strength and international presence, Maria B intends to bring a change in the local fashion industry. [pic] Introduction: Fashion in itself is a very abstract term yet it embraces our everyday lives. The term has many different definitions and interpretations. According to The American Heritage College Dictionary, fashion is: the prevailing style or custom, as in dress or behavior; something, such as a garment, that is in the current mode; the style characteristic of the social elite. (Forbes Inc. , 1997). Fashion is an extension of self, an expression of individuality, of art and modernism. It has no borders or divides. Its passion and it is the constant evolution of society (Ghafoor, 2002). Fashion is a social phenomenon common to many fields of human activity and thinking. To some, fashion is an art form. To others, it is life. For most people it is a method of utilizing clothing, accessories and hair. Fashion is a mode to express yourself, to serve as an extension of your personality, or even to disguise your true self (Nellis, 1999). Fashion is a term commonly used to describe a style of clothing worn by most of people of a country. A fashion usually remains popular for about 1-3 years and then is replaced by yet another fashion. Even though there are a lot of changes in fashion, most people do not easily except the changes. A clothing style may be introduced as a fashion, but its use becomes a custom after being handed down from generation to generation. A fashion that comes and goes is called a Fad. (Fashion Forever: What is Fashion? ) A lot has changed and evolved in the history of fashion since the 1900s. As the century dawned, fashion was an exclusive enterprise, the pursuit of wealth. The average person in society settled for garments that were usually stitched at home. With time, however, networks of neighborhood tailors began to evolve into a retail history and the boom was followed by boutique selling. The 1930s were influenced by socialism, communism and fascism and womenââ¬â¢s fashion became more and more feminine in keeping with these conservative ideas. However, this period also saw the emergence of the culture of clubs and hence dresses became more body-hugging and colors went more deep and dark. The establishment of Indian and Pakistani cinema has proved to be the strongest influence on the fashion in the decade. Due to western influence, the use of angarkhas, choghas and jamas had diminished considerably by this time, although the ceremonial pugdi, safa and topi were widespread as ever. They had been replaced by the sherwani, which is still a standard item of formal dress for Indian and Pakistani men today. Even though women were accepting change, they continued to wear the peshwaz, kurta, ghaghra and odhni at religious and ceremonial festivities, which were even sometimes made of imported fabrics. The 1950s saw the dawn of art colleges and schools and due to the freedom struggle and the adoption of khadi by Gandhi, the dying and handloom industries got more business. The 1960s was one of the most shock-filled decades of the century, as it saw sweeping fashion and lifestyle changes. Tight kurtas and churidars competed with mini-skirts abroad and at the same time, designers began to understand the need for cheaper, ready-to-wear lines. The 1970s saw the export of traditional material with the result that export surplus was sold within the country itself and hence, international fashion came to the sub-continent. Synthetics became popular and the clothes even flashier. In the 1980s big money ruled. In Pakistan too, silhouettes became more masculine and the shalwar kameez was made with shoulder pads. The influence of cable TV became more prominent and the teenage market boomed with youngsters who were more fashion conscious. (Baig, 2004) Mid 1990s and the beginning of the 21st century was marked fashion designers that changed the way fashion was contemplated. Designers greatly influence what direction fashion will go. These designers design and define future fashion developments. They are the trend setters of change in a culture ââ¬â through change in tastes and lifestyles of a community which is often characterized by changes in current trends and styles. And changes in fashion play one of the major roles in these transformations. The activities of these designers, collaboratively, form the fashion industry. The fashion industry of Pakistan is growing in volume with every passing day. The credit goes chiefly to the mainstream fashion people, who have been instrumental in this change. Nisar, 2004) The industry has witnessed quite a mature spurt in the last two decades evolved from a traditional darzi (tailor) culture into a mature and cutting-edge business (Imam, 2008). However the status of fashion designers in our country greatly owes to the fashion institutions, particularly the Pakistan School of Fashion Design (PSFD) ââ¬â now called the Pakistan Institute of Fashion Design which was played its role in bringing out the potential and imparting training to young designers who today enjoy a reputed name in the retail market. Some of these recognized names include Maria B, Hasan Shehryar Yasin, Deepak Parwani and Maheen Khan (Qureshi, 2008). These are some of the few names which the fashion industry identifies with. Though the industry had been operating for quite a time, it actually got its institutional shape after the formation of the Pakistan Fashion Design Council. This council was an attempt by twenty five of the countryââ¬â¢s top and established designers to create an infrastructure, a platform on which everyone could collaborate and represent their ideas and designs at the national and international level; a place where they could: ? Give structure to the expanding vital industry. ? To liaise with the government bodies on matters pertaining to excise duty, taxation systems, preferential tariffs for cargo etc. , and to work towards creating a fashion districts. ? To create an interface between the fashion industry and textile and crafts industry which are one of the most well-knit industries , which could revitalize them and in turn, benefit the designers greatly by incorporating ethnic methods of weaving, printing and ornamentation to produce up-market, contemporary creations of standardized quality and subsidized rates. To address the changing needs of the industry as it evolves and of creatively show-case the work of Pakistani designers and find a commercial representation for them both, domestically and globally. (About Us, 2004) Some of the attempts that the council made was the initiation of a Pakistan Fashion Week essential for business and trade linkages as well as for publicity purposes; studying the pres ent distribution/reselling network to see how designers could benefit from it; creating a trend forecast for domestic and export markets, and standardizing the pret-a-porter industry by having uniform sizing, accounting and labeling norms. About Us, 2004) However, the councilââ¬â¢s main attempt to collaborate the efforts of fashion designers failed partly due to poor projection of there vision and partly due to the difference in the views of designers in the East and South ââ¬â Lahore and Karachi, the main fashion hubs. This led to the creation of two distinct councils, the Pakistan Fashion Design Council (PDFC) in Lahore and Asian Institute of Fashion Design (AIFD) in Karachi. These two councils have carried out their separate activities despite unification efforts until lately. On December 1, 2007, a mall showcasing the creations of Pakistani fashion designers was inaugurated by the name of Boulevard in Lahore. It was for the first time in the cityââ¬â¢s history that fashion designers from all over the country got to display their work under one roof (Rashed, 2007). Prominent designers displaying their work included Hassan Shehryar Yasin, Maria B, Nomi Ansari, Kamiar Rokni, Shafaq Habib, Karma, Shella Rehman of Unbeatables, Ammar Bilal, Asifa and Nabeel, Ahsan Nazeer, Sanya Qureshi, Sobia Nazir, Nickie Nina, Sana Shahid of Sublime and Naila Maqbool. It is hoped that such a platform will amalgamate the vital forces of our fashion industry making it the hub of Pakistani fashion houses as is envisaged (Farooq, 2007). An Industry Analysis By definition, industry analysis is business research that focuses on the potential of a firm. Basically, an industry analysis is conducted to addresses three important questions: 1. Is the industry accessibleââ¬âin other words, is it a realistic place for a new venture to enter? 2. Does the industry contain markets that are ripe for innovation or are underserved? . Are there positions that will avoid some of the negative attributes of the industry as a whole? (Barringer & Ireland, 2006) A complete industry analysis of a firm will include its PEST-C analysis which will answer the first two questions, its Porterââ¬â¢s five forces analysis which will answer the latter question, followed by its External Forces Evaluation (EFE) matrix on the basis of the opportunities available and threats faced by the company of concern Maria B. PEST ââ¬â C Evaluation In this industry evaluation, P stands for Political, E ââ¬â Economic, S ââ¬â Socio-cultural, T ââ¬â Technological and C ââ¬â Competitive forces that impact the activities and opportunities and threats affecting an industry. Political forces These include any change in government laws ââ¬â tax laws, labor laws, patent laws, government regulation and deregulation etc, political stability, safety and environmental protection regulations, international trade regulations etc. (David, 2005) Changes in tax and labor laws, can directly affect an industryââ¬â¢s revenue and growth structures. A rise in the rates of these laws can increase business expenditures and may decrease revenues. Sometimes, with industries with low profit margins, such change can become a barrier to profitability. Political instability in the country in terms of political parties or weakness in governmental policy can prove chaotic for the industry. Under such condition, this business, like any other business can be severely affected and eventually shut down. For e. g. , national political parties like MQM and MMA reserve a very unfavorable attitude towards the fashion industry. In case of power, any of these parties can adversely affect or even lead to a ban on this industry which could prove distressful. Similarly strict trade regulations and excise policies can affect international exports and hence, increase the overall trade deficit. Environmental degradation posses a great threat to survival of any industry. Hence, being a socially and environmentally responsible corporation is an essential for projecting a positive public image. Economic Forces Economic forces that impact an industryââ¬â¢s activities include interest rates, income levels and earning patterns, price wars, oil, currency and labor markets, inflation, unemployment, availability of credit, fiscal policies, consumption and spending propensity ââ¬â living standards, international trade and cooperation policies etc. (David, 2005) Nowadays, there is a growing trend toward two-income households. Individuals place an increased premium on time; immediate availability and improved customer service (David, 2005). Customers are willing to pay more if they can obtain it with ease. There is an increase in the average standard of living in the country with a decrease in poverty level of 10. 6% during the past four years (Economic Survey of Pakistan 2007-2008). This can serve as an opportunity for the fashion industry to enhance profit margins through ââ¬Ëadd-onsââ¬â¢ provided that the income levels remain stable. Changes in interest rates often occur due to changes in the exchange and trade market. A deficit in trade can account for rise in interest rates. Similarly and rise in the international price of oil (as witnessed in recent years) can drastically impact the value of currency. This leads to changes in fiscal policy like an increase in the interest rate translated by inflation. High inflation can slow down business activities and at time generate no profit at all. The inflation rate the year 2007-08 was calculated to be 10. 3% as compared to the 7. 9% last year which shows an increased inflation that disadvantaged business performance country-wide (Economic Survey of Pakistan 2007-2008). However, in an economically active country with lower trade barriers, resultant price wars can increase competition and even and industryââ¬â¢s profit margins provided the industry is dominant as well as has international presence. Similarly, increased unemployment can provide an industry opportunity to project a positive image and provide training and employment to the depressed, hence positively contributing to the economy. Socio-Cultural Forces Factors in the socio-cultural front that can influence an industryââ¬â¢s operations include demographic trends, cultural changes, environmental patterns, population growth, business attitude, change in tastes and lifestyles, education, ethical concerns, buying habits, religion, family, values and attitudes etc. Pakistan, with a population growth rate of 1. % is the worldââ¬â¢s 6th most populous country with an estimated total population of 160. 9 million. (Economic Survey of Pakistan 2007-2008) Out of this 74% of the total population of Pakistan lies in age group 15 ââ¬â 34. However, 70% of the population resides in urban areas. (Federal Bureau of Statitics, 2005). With this came in increase in the literacy rate of the country which increased to 55% in the l ast four years (Economic Survey of Pakistan 2007-2008). Business activities have also flourished quite in the recent years, partly owing to foreign competitors entering the market. This has led to an increased change in the lifestyles and mindsets of people. There is an increased trend towards nuclear and dual-career families which serves as great opportunity for the industry as the buying power of the consumer is enhanced. Moreover, with change in lifestyles comes change in tastes. Nowadays people prefer using customized products and this is an opportunity for the fashion industry to pursue its target marketing strategy. Fashion industry is an industry for the youngsters. With such a large and lucrative target market, this industry can earn huge profits, provided it sufficiently focuses of their needs and interests. In view of this, fashion industry collaborated with the PBA (Pakistan Broadcasters Association) to launch a fashion channel worldwide last year by the name of ETNL (Style Dunia & Youth) which is being launched soon in the country (Pakistan Broadcasters Association (PBA), 2007). Religion and ethical preferences too, play a major role in shaping strategies and marketing products, especially if one moves from culture to culture. Fashion industry in Pakistan, therefore has to take into consideration the limitations that ethics, culture and religions imply on clothing nationally as well as internationally. Technological Forces Though fashion industry is not technologically driven, but is has now become a necessity; especially if an industry or company wants to maintain competitive edge or tap into international arena. The focus of todayââ¬â¢s industries is on mass customization as well as mass production which are not possible to achieve if it is inept in technology. Several factors impact an industryââ¬â¢s technological consideration. These are, Government spending in research, changes in Information Technology, Internet and Mobile Technology, energy use and costs, and international transaction costs etc. Technology is one of the powerful sources of marketing in todayââ¬â¢s era. The world is now a global village. Increase in technology, especially the internet helps cover a large number of consumers thus, helping a business reach a large target market in a short time span. According to estimates of 2006, the global internet usage accounts for 21. 9% of the total world population with Pakistan alone, having a total usage of 7. 2%. (UNDESA, 2006) This is a very attractive opportunity for the fashion industry in case fashion designers start e-selling. International marketing (e-commerce) is one of the major contributors to world economy. It not only helps in the development of the business but also helps in the development of the countryââ¬â¢s economy. However, any business before tapping into international arena has to go through various study and research to adopt proper marketing mix, physical evidence and performance before launching itself worldwide. It also needs to be aware of all the rules and regulations (cyber) of its host country. Once capitalized upon, e-commerce can produce great profits. Competitive Forces This force is recently introduced in the PEST analysis. Keeping in view the growing competition world wide, analysis of oneââ¬â¢s competitive forces has become an essential to success. Gathering information about competitorsââ¬â¢ strategies and progress has become very important. Due to diminishing trade barriers, WTO, EEC, OPEC and collaboration with other world communities, national border are no more existent. Now every country is a part of a bloc. This in turn has fiercely increased competition as a result of lower labor costs, enhanced technology and internet facilities. Now production is done in one country, assembly in other, packaging and shipment in another due to advancements in transportation and e-commerce. Companies strive to achieve competitive edge as low-cost producers. In such a rapidly changing environment with international competitors invading every country, keeping pace with, in fact going ahead of ones competitors is the only key to progress. However, it is essential to have a track of strategies and policies of an industryââ¬â¢s competitors but ethical concerns in gathering intelligence data should not be neglected. Competitors of Maria B. The company that study under fashion industry is Maria B ââ¬â the largest fashion house of Pakistan. The company when formed was the first to start business with a retail outlet while all her competitors were doing business from home. Today, after ten years in business, Maria B faces competition from direct as well as indirect sources. A list of her direct competitors include designers like Hasan Shehryar Yasin, Rizwan Beyg, Generationz, Deepak Perwani, Nomi Shahid, Nikki and Nina, Sehyr Saigol, Maheen Khan, Sonya Batla, Hajra Hayat, Nayna, Monica Piracha. With them there are indirect competitors too that pose a threat to Maria B. They include local textile shops, local tailors, and famous brands like Gul Ahmed and Bareeze that are dealers in un-stitched garments. PORTERââ¬â¢S Five (Competitive) Forces Evaluation Below a diagrammatic summary of the five important competitive forces is given: [pic] Rivalry among competing firms Fashion industry in Pakistan is yet in its progressing stages. It has moved ahead from being embryonic but hasnââ¬â¢t spurted. However, threat of competitors is still an important factor that govern the operations of this industry; particularly the rivalry between fashion designers of Karachi and Lahore in terms of ideals have prompted every company in the industry to strive to develop a competitive edge and nationally expand as large as possible. This is mainly because the few designers that exist at present are equal in size and capability. The internet is still not used as a primary source of doing business but there is a growing tendency among designers, particularly the established ones to use internet for trade purposes nationally and internationally. Inflation and changes in customersââ¬â¢ perceptions and attitudes is also a driving force toward increased competitive rivalry. In the beginning, fashion designers pursued all their efforts towards bridal dresses. But as customers are becoming more and more aware and demand of branded apparel is increasing, these designers are finding new areas of development by focusing more on casual outfits. However, this industry is still not mature enough in its life cycle that price cutting could be a common phenomenon. There is not much time before these few designers are faced with increased competition particularly as standards of living become high and international designers set up their business in the country. Competitive rivalry in this case is comparatively high. Threat of new entrants Threat of new entrants in Pakistani fashion industry is high. This is because the barrier to enter this market is quite low because no previous experience is required to start doing business in apparel, customers have low brand preference and loyalty, too is low. If a customer gets a better option else where and that too, for a lower price, s/he can switch to that option. Regulatory policies in the country are not very strong and hence achieving patents for a product or service is relatively easy. Moreover, the government itself promotes the setting up of new businesses. In regards to technological requirement, fashion industry does not require any cutting-edge technology to keep at pace. Therefore, if one needs to get into fashion designing, it is quite easy. Potential development of substitute products In an apparel industry, there is no substitute for clothes, but there may be a substitute on the procedure of processing them. Fashion industry, too faces threat of substitute methods of processing. People, especially in a growing economy can easily get ideas from designer outfits and get them stitched through a neighborhood tailor instead of buying it from that very designer due to its high price. On the other hand, local tailors can give you the same design, though maybe not the same quality at a comparatively low price. Hence, the threat of substitute is high. Bargaining power of suppliers Bargaining power of suppliers is quite low in Pakistani fashion industry. The major raw materials required in this case are textiles and embroidery materials. These two industries ââ¬â textiles and embroidery are one of the richest and profit producing industries of the country. Therefore a designer has the power and the choice to switch among suppliers and even negotiate prices as there are a large number of suppliers available to provide the same or even better raw materials at negotiable prices. Bargaining power of customers Bargaining power of customers is low in this industry. This is because there few choices to select from. Designers have there set prices that are quite high and fixed ââ¬â they cannot be negotiated upon. If talked about competing brands, a buyer cannot easily switch to other options. Products are homogenous and the prices may either be uniform or else a buyer has to trade-off with quality of the product. External Analysis ââ¬â SW(OT) OPPORTUNITIES |THREATS | |Expand into Emerging Economies |Competitors | |Enter New Product Markets |New entrants | |Acquire More Companies |Substitutes | |Ecommerce Sales |Economic Situation | |Expand Standalone Stores |Political situation | | |International Economies and trade restrictions | | |Brand Cannibalization | External Factor Evaluation (EFE) Matrix This matrix evaluates a companyââ¬â¢s external environment ââ¬â the opportunities and threats that are faced by an industryââ¬â¢s companies in the external environment. Our company of concern is Maria B. A summary of all the factors that are faced by this company and its ability to capitalize on them or tackle threats is given: | |External Factor Evaluation Matrix | | | | | |Opportunities |Weight |Rating |Weighted Score | |1 |Expand into Emerging Economies |0. 14 |3 |0. 42 | |2 |Enter New Product Markets |0. 12 |4 |0. 48 | |3 |Acquire More Companies |0. 04 |4 |0. 16 | |4 |Ecommerce Sales |0. 06 |4 |0. 24 | |5 |Expand Standalone Stores |0. 03 |3 |0. 9 | | |Threats | | | | |1 |Competitors |0. 12 |3 |0. 36 | |2 |New entrants |0. 1 |4 |0. 4 | |3 |Substitutes |0. 12 |4 |0. 48 | |4 |Economic Situation |0. 07 |2 |0. 14 | |5 |Political situation |0. 5 |2 |0. 10 | |6 |International Economies and trade restrictions |0. 06 |3 |0. 18 | |7 |Brand Cannibalization |0. 09 |2 |0. 18 | | | |1 | |3. 23 | Fashion industry provides a promising future of growth and development in Pakistan. Once established, it has the potential to contribute positively to the national economy. Company Introduction Maria Bââ¬â¢s entrance into fashion world can be summed up in adage ââ¬Å"she came, she saw, she conqueredâ⬠. (Ghafoor, Face to face with Maria B. , 2002) Maria B. was the first fashion house in Pakistan. She launched first outlet in Lahore in 1998. Since then, Maria B. has grown leaps and bounds. With her vision always clear ââ¬â to make Maria B. Pakistanââ¬â¢s first international brand name in fashion, today, she is the first and only women wear brand retailed across countries. She is the only local designer with a franchise outlet in London. The Label is also internationally stocked in Manchester, Birmingham, New Delhi, Dhabi, Orlando, Washington, New York, New Jersey, Dallas and New Delhi. By the end of 2006, she had retail reach to 5 outlets nationwide over Lahore, Karachi, Islamabad, and Faisalabad. (Randhawa) In 2006, Maria B. also launched her first range of accessories of shoes and handbags. (Randhawa) Maria learned that there was tremendous scope for Pakistani fabrics in the international market and was determined to make her mark globally. As she said, ââ¬Å"Iââ¬â¢m a staunch patriot ââ¬â I want to take Pakistanââ¬â¢s name in the international fashion scene. I want to show people around the world what a great heritage we have. That really is the core philosophy of my business. We want to go into the international market and prove ourselves as a Pakistani brand name. (Maria B. ââ¬â Fashion Designer) For her, fashion is simply an extension of self, an expression of individuality, of art and modernism. It has no borders or divides. Its passion and it is a constant evolution of society. It is transient and global. (Ghafoor, Face to face with Maria B. , 2002) She changed the previous ââ¬Ëbegum darzunââ¬â¢ (societal tailoring) culture and brought new horizons in the fashion, rather the apparel industry as a whole with her pret-a-porter collection of exquisite and elegant dresses that defined femininity with style. She believes that, ââ¬Å"Fashion today is not dictated to woman. The modern confident woman chooses what she wearsâ⬠. Ghafoor, Face to face with Maria B. , 2002) As a designer, she always felt her responsibility to translate and enhance each personââ¬â¢s natural style into fashion statements according to current trends. She believes in talent and dedication ââ¬â if a person is not talented enough or canââ¬â¢t make fashion his or her life, s/he should be in another field. She strongly suggests, ââ¬Å"Donââ¬â¢t be in fashion because you want to be fashionable or make moneyââ¬â be in it because you feel that you can contribute to itââ¬â otherwise youââ¬â¢ll be just one of the thousands w ho have kaarigars (tailors) at home and think that they are designers!! â⬠(Ghafoor, Face to face with Maria B. 2002) Recognized by BBC, in 2002, over a three month running program for Asian woman as the preferred label for modern professional working woman of Pakistan, Maria B has been hailed as the pioneer in redefining womanââ¬â¢s fashion modernity in Pakistan. (Randhawa) No doubt Maria B has brought a revolution is the local apparel industry. Today, after ten years in business, it is the largest fashion house in the local industry. Her company has risen and surpassed the semblance of mediocrity. A trend setter as Maria B. has always been, she is even more passionate and daring to set trends for the future and believes that she can go further than others in bringing Pakistan on the world map of fashion. Randhawa) ââ¬Å"You have to aim high ââ¬â and I do want to get to New York, Milan and Paris one day. â⬠ââ¬â Maria B. (Maria B. ââ¬â Fashion Designer) In ternal Analysis of Maria B. : Zurain Imam, a renowned fashion critic said that Maria B. has become ââ¬Ëa veritable couture quality household brandââ¬â¢. (Imam, The A to Z of Fashion, 2006) Maria B. has become a hot name with her exciting shoots and the rapid expansion of her outlets. Her success has single handedly shown that fashion can be successfully open in Pakistan as business. (Dawood, 2003) No doubt, Maria B. has put forward a splendid example a of successful business venture by expanding worldwide in just a short span of time. All of this requires planning and organizing strategically. Maria B. believe that itââ¬â¢s the companyââ¬â¢s strategic vision of ââ¬Ëpromoting Maria B. as a Pakistani brand recognized world overââ¬â¢ has played a very important role in its success. She believes that with good management, marketing, leadership, research, cost and operative measures, a company can really go ahead. Management: Management at Maria B. like any other successful company is all about good planning, organizing, motivating, leading and controlling. The company has a strong management philosophy that believes is integrity, talent and dedication ââ¬â if you canââ¬â¢t make fashion your life, choose another field. (Ghafoor, 2002) Planning: Maria B. irmly believes that good and forecasted planning is essential for achieving a desired goal. Planning is all about preparing for change by bridging the gap between the present and the future. It enables a company to gather the necessary resources and c arry out tasks in the most efficient manner. (David, 2005)At Maria B. planning is thoroughly done before the beginning of any new activity or the launch of a new product. The company also relies on competitive intelligence in order to make comparative decisions. With no fear on local competition from brands like Hasan Shehryar, Nomi Ansari, Ammar Bilal, Deepak Parwani, Rizwan Beyg and Nilofer Shahid etc. the company formulates strategies in view of the international market and international competitors like Armani, Prada, and Louis Vuitton etc. Organizing: Organizing is really important for defining task and authority and effectively and efficiently allocating resources for any company. (David, 2005) At Maria B. defining line of authority is important. The company started off with a functional structure with Maria being the CEO as well as the controller all designing and marketing activities. With the companyââ¬â¢s expansion across the borders, Maria B. now is developing towards a more divisional structure with line of command spreading internationally. Since the Maria B. Accessory launch in 2006, and the companyââ¬â¢s aggressive intensive strategies through market and product development, it wonââ¬â¢t be long till Maria B. starts working at each production line separately at the organizational level. At present, the company employs more than 50 management staff in its outlets across Pakistan alone. (Randhawa) Allocation of resources is also another important decision for the company. The company is financed completely by the CEO ââ¬âMaria. Moreover, the use of skilled labor for the job also is carefully selected to give every single piece of work ââ¬Ëthe designer finishââ¬â¢. Motivating and Staffing: Motivation means influencing people to accomplish specific objectives. Staffing, on the other hand is the essence of human resource management. It includes activities of recruiting, interviewing, testing, selecting, orienting, training, developing, evaluating as well as rewarding. (David, 2005) The Maria B. factory currently employs over 200 workers, all recruited after specific procedures that test there credibility to the profession. Because Maria B. wants to give the best in terms of quality and versatility, hence every worker needs to know how to give the perfect finishing to a Maria B. dress. Each employee is required to make a sample of embroidery or hemming etc that s/he specializes in. In case of training, the companyââ¬â¢s HR manager is responsible for developing and grooming the workers for perfection. The company believes in Equal Employment Opportunity and every individual be it a man or a woman is selected merely on the basis of his or her talent/skill. (Shaukat, 2009) In terms of wage and safety issues, Maria B. conforms to the Labor Laws, be it in Pakistan or across the borders. In terms of motivations, the company always grants a pay rise every month on the basis of performance. Moreover, the in lieu of employee safety, every process in the factory is automated. Training is given to operate the machinery. (Shaukat, 2009) The production rate of the factory is the highest among the local designers for formal couture, pret-a-porter lawn on a monthly basis. (Randhawa) Controlling: Controlling at Maria B. is done through monetary incentives given based on performance. Employees are first trained and the standards of performance are set. Individuals meeting these standards are considered for the incentives. The company believes in its employees as an asset and retaining them is essential if it wishes to avoid further training and hiring costs. It believes employees become experienced with time and this increases their loyalty to the company which is very essential particularly in present times of economic slump. Marketing: Marketing can be described as the process of defining, anticipating, creating and fulfilling customersââ¬â¢ needs and wants for products and/or services. This is exactly what Maria B. invested upon. The company created the demand of branded designer clothes through awareness. Maria B. made people shift from the traditional tailor-culture to demand more. Its heavy marketing approach and use of appropriate mix of marketing made it develop a brand name, an identity which no other designer had before. Customer Analysis: It involves the examination and evaluation of customersââ¬â¢ needs and wants. At the time of the companyââ¬â¢s start up, Maria B. researched on the need of fashion industry, found a considerable target market for her product and then launched the first Pakistani fashion house. She changed the concept of fashion from the dress of the working women to everyday wear. Today her clientele are spread across the globe and includes teenagers to 70 year-olds. Maria B. takes care of the need of each and every age group. Her contrast and selection of colors defines that each and every line is tailored to specific clienteleââ¬â¢s needs ââ¬â wild and bold prints for the youngsters and neutral and serene ones for adult target market. Her customization to the needs of the customer is an important variable of success of Maria B. (Ghafoor, Face to face with Maria B. , 2002) Planning and Selling Products/ Services: Maria B. has the designer need of ready-to-wear dress line for each age-group and every occasion catered effectively to. She take care of everyoneââ¬â¢s needs and desires and relies on adequate promotion activities to retain previous as well as capture more market. Mariaââ¬â¢s pret line of clothing includes formals, semi-formals, party line, Mafia line, bridal line and her new MGirl line. Together with this, she also started her own accessory and jewels line in 2006. Mafia line: this is a casual, ready to wear line. Mafia is made mostly in pure cottons, khaddars, lawn, linens and embroidered cottons. This line is primarily day wear which is affordable and trendy. Semi formals: This range is primarily evening wear- slightly more formal, it plays with exquisite embroideries in resham and crystals on chiffons, silks and georgettes. Formals: Perfect for wedding needs, this line consists of silks, jamahwars and heavy hand embroideries in crystals and salma dapka (traditional eastern embroideries) Maria. B Brides: A purely couture line which is available only at the bridal studio in Lahore. It is a made to order line for brides and their families. Mgirl: this is the new hip and trendy line by Maria B. offering everything from clothes to bags and shoes to accessories. It guarantees satisfaction to the woman who wants it all. It caters to the fun and fearless and is certainly not for the fainthearted. Maria. b Jewels: Introducing semi-precious jewelry for weddings, this jewelry in platinum coated with semi-precious stones such as topaz, tourmaline, amethysts and zircons. Official Facebook group of Maria B. ) According to a recent survey, Maria B. lawns have been the largest sellers in terms of number of units in all of Pakistan. (Mansoor, 2008) All this is the result of Mariaââ¬â¢s daunting effort to promote her brand at every level possible. Being a media darling, she relied heavily on print media and PR activities for the promotion of her brand. Some the names in print media are Dawn News, Visage magazine, Instep magazine, Fashion weekly, SHE and others. For PR, Purple Arts have been Maria B. ââ¬â¢s official consultants. (Shaukat, 2009) Besides these, fashion shows, ramp events have also been another very important source of promotion. But due to governmental issues, these events are snubbed and not promoted to the adequate promotional level. However, the recent Lux Style Awardââ¬â¢s Red Carpet and Ramp Events (Imam, 2005) and 2007 National Day Ramp Show held in Washington D. C. (Embassy of Pakistan, 2007) served as a very important awareness and marketing tool, provided they continue. Besides, Maria B. also holds her own fashion shows at the international level. Besides being business-minded, Maria B. is also a socially responsible person. She holds ramp events at the national as well as international level to help the deprived class of the society through foundations like Kashf. In 2001, on the launch of her Paris Collection, Maria B. held a fashion show in Marriot, Karachi for raising money for Afghan refugees in the country. (Malik, 2001) In a nutshell, Maria B. ââ¬â¢s success is a fusion of excellent dress designing as well as sophisticated promotion done nationally as well as internationally. Pricing and Distribution: This is an important decision in marketing. As for Maria B. this decision of pricing and distribution is a task well done. Maria B. always wanted to make her name in the international market. Since the launch of her fashion house, she has been constantly working to promote her product internationally. At the national level, Maria B. as expanded to almost all the major cities of the country ââ¬â Lahore, Karachi, Islamabad and Faisalabad. She has plans of opening her outlet in every city of the country. But her main goal is to export her product around the world. She wants to make Maria B. the ââ¬Ëbrand of Pakistanââ¬â¢. And she has been very successful in doing that. Within ten years of business, Maria B. has outlets in U. K. , U. S. A. , India, and Dubai. But export being her strategic vision, Maria B. wants to expand to other cities of the world. ââ¬Å"I want to send haute-couture items such as evening wear, bridal wear etc. to UK/Europe, and then eventually to the US/Canada, Singapore and Australia. She remains undaunted by the global competition and says ââ¬Å"you have to aim high ââ¬â and I do want to get to New York, Milan and Paris one day. â⬠(Maria B. ââ¬â Fashion Designer) As for pricing, it is well adjusted to the need of the local market. Maria B. has unit- priced her product very intelligently ââ¬â neither very high nor very low ââ¬â or ââ¬Ësomehow affordableââ¬â¢ as on critic says. (Ghafoor, 2002) She believes her lines are of the top-most quality and hence, relies on skimming strategy for pricing. Regarding the international market, prices are decided in accordan ce with the trade regulations of the country, by adding a mark-up to it. (Shaukat, 2009) Market Research and Opportunity Analysis: Maria B. elieves in fashion as a constant transient change. New tastes keep on developing which gives rise to new demands in the product market. Research hence, is always critical to success. Maria B. no doubt has always successfully catered to the needs to its market through research. A recent example is her launching of the new M Girl line with its bold, wild and vibrant colors, keeping in mind the aspirations of the young women of today. (Official Facebook group of Maria B. ) Finance/Accounting Functions: With increasing divisional structure of the company, the need of a full-fledged independently operating financial department was necessary. Maria B. has fully handled that. The company has an independent accountant who is responsible for all the financial matters of the company. Thought most of the information was confidential, however, Maria B. ââ¬â¢s net profit margin was found out to be 6. 77% after taxes and interest. And the companyââ¬â¢s gross profit margin was found out to be 98. 25% which is quite operative especially in todayââ¬â¢s era of economic slowdown. With the pursuance of her already implemented strategies and adequate control, Maria B. , no doubt, can become one of the most successful brands of Pakistan. Research and Development: Research and Development (R & D) has become a necessity in todayââ¬â¢s constantly changing era. Unfortunately, at Maria B. no specific R & D department exists despite its expansion. All research decisions are made during periodic meetings or by the CEO. However, in lieu of arising need and global expansion, Maria B. is making decisions on having an R & D department. Production and Operations: Maria B. works on all types of clothing, from cotton, linen, silk, hand woven khaddar and organdy garments. She prefers working on colors that are bold and vibrant. Colors and material that are bland are not her preference. The cloth is always acquired from the textile hub, Faisalabad. In case if the desired cloth or quality is not available, it is also imported. The production process at the Maria B. factory is highly mechanized and up-to-date. She does not fear local competition because her processes are highly automated and recent. 200 employees in the factory work on monitoring production and focusing on embroidery. Though no special MIS software is in place, the company plans to have one installed soon as market size and demand increases. (Shaukat, 2009)Moreover, all the activities in the companyââ¬â¢s value-chain is covered by the cost of sale of goods. (SW) ââ¬â INTERNAL ANALYSIS Below are a list of all the strengths and weaknesses that are faced by the company. The strengths are of an advantage to the company while the weaknesses pose threat and need to be minimized and converted in order to prove beneficial for the company. STRENTHS |WEAKNESSES | |Wide product line |No mission statement | |Strong Brand recognition |No written vision statement | |Almost all brands have a niche focus |Brand cannibalization | |Decentralized management |Lack of focus | |Diverse brand portfolio |Lack of Brand Idea Sharing | Int ernal Factor Evaluation Matrix (IFE): The IFE matrix evaluates the strengths and weaknesses of the company in relation to the ability of its management to capitalize on the strengths and minimize the weaknesses. Company: Maria B. : |STRENGTHS | | | | |Weight |Rating |Weighted Score | |Wide product line |0. 21 |4 |0. 84 | |Strong Brand recognition |0. 15 |4 |0. 6 | |Almost all brands have a niche focus |0. 08 |3 |0. 24 | |Decentralized management |0. 06 |3 |0. 18 | |Diverse brand portfolio |0. 03 |3 |0. 9 | |WEAKNESSES | | | | |No mission statement |0. 18 |4 |0. 72 | |No written vision statement |0. 16 |4 |0. 64 | |Weak advertisement efforts |0. 05 |3 |0. 15 | |Lack of brand idea sharing |0. 04 |2 |0. 08 | |TOTAL |1 | |3. 54 | Competitive Portfolio Matrix (CPM): The CPM identifies a firmââ¬â¢s major competitors and its particular strengths and weaknesses in relation to a sample firmââ¬â¢s strategic position. Company: Maria B. Local Competitors: Hasan Shehryar Yasin (HSY), Nomi Ansari, Rizwan Beyg, Nilofer Shafid, Deepak Parwani. |KEY SUCCESS FACTORS |W |Rizwan Beyg | |OPPORTUNTITIES |1: Expand to the northern areas of the country |1: Increase print advertisement and e-marketing | |1: Expand into emerging economies |S4,O2, O5 |to attract markets like India, China as well as | |2: Enter new product markets |2: Increase online selling to Italy and France |the local market. W4, 04, 01 | |3: Acquire more companies |S3, S4, 04 | | |4: E-commerce sales | | | |5: Expand stand-alone stores | | | |THREATS |1: Target niche markets in the country that is |1: Work on making a written vision and mission | |1: Competitors |not being targeted by competitors. S4, S1, T1 |statement and project it to make the MARIA B. | |2: New entrants |2: Advertise on brand quality and corporate |identity. W1, W2, T1, T6 | |3: Economic recession |social responsibility to increase customer |2: Increase collaboration, cohesion and idea | |4: Political situation |loyalty. S2, S4, T6, T1, T2 |sharing between local designers at the platform | |5: International economies and trade | |of the BOULEVARD. W3, W4, T3 | |restrictions | | | |6: Brand cannibalization | | | Conclusion: In a nutshell, Maria B. is conquering the land in the name of Pakistani fashion with her unique and bold styles. And one day, she surely plans to become Pakistanââ¬â¢s top international fashion label. Bibliography: David, F. R. (2005). Strategic Management ââ¬â concepts and cases (11 ed. ). South Carolina: Prentice Hall. Dawood, T. U. (2003, May 1). The future of fashion. Retrieved January 11, 2009, from Dawn ââ¬â The review: http://www. dawn. com/weekly/review/archive/030501/review1. htm Embassy of Pakistan. (2007, August 26). 60th Independence Anniversary of Pakistan. Retrieved December 26, 2008, from Embassy of Pakistan: http://www. embassyofpakistanusa. org/news269_260807. php Fashion Avenue Quarterly. (2003, October). Style Chronology. Retrieved January 10, 2009, from Maria B. : www. mariab. com/index. htm#chronology Ghafoor, B. (2002, June 5). All eyes on Maria B. Retrieved December 2008, 25, from Author's Den: http://www. authorsden. om/visit/viewarticle. asp? AuthorID=7807=5724 Ghafoor, B. (2002, October 3). Face to face with Maria B. . Retrieved January 11, 2009, from Author's Den: http://www. authorsden. com/visit/viewArticle. asp? id=7292 Ghafoor, B. (2002, October 3). Face to face with Maria B. Retrieved December 26, 2008, from Author's Den: http://www. authorsden. com/visit/viewArticle. asp? id=7292 Imam, Z. (2006, December 8). The A to Z of Fashion. Retrieved January 11, 2009, from Zurain's Myriad of Magnificent Fashion Writing: http://blogs. myspace. com/index. cfm? fuseaction=blog. view&friendID=117772603&blogID=202859515 Imam, Z. (2005, August 14). The state of fashion. Retrieved December 26, 2008, from Dawn ââ¬â Images: http://www. dawn. com/weekly/images/archive/050814/images3. htm Index. (n. d. ). Retrieved January 10, 2009, from Maria B. : http://www. mariab. com/index. htm Malik, S. (2001, November 18). For a cause. Retrieved December 26, 2008, from Dawn ââ¬â Images: http://www. dawn. com/weekly/images/archive/011118/images4. htm Mansoor, A. (2008, April 6). Hot Seat. Retrieved December 26, 2008, from Dawn News ââ¬â Images: http://www. mariab. com/index. htm#chronology Maria B. ââ¬â Fashion Designer. (n. d. ). Retrieved January 10, 2009, from Bargello: http://www. bargello. com/pakistani-fashion-designer/maria-b. asp; Official Facebook group of Maria B. . (n. d. ). Maria B. Entertainment and Arts Fashion. Retrieved January 11, 2009, from Facebook: http://www. facebook. com/group. php? sid=cf9e88b3d9e1c006f773bf72df9c7fd7&gid=11631901591#/group. php? gid=11631901591 Randhawa, T. (n. d. ). Home. Retrieved January 10, 2009, from Ma ria B. : www. mariab. com/index. htm#contact Shaukat, S. (2009, December 16). Internal Analysis. (M. Belal, Interviewer) About Us. (2004, November ). Retrieved December 22, 2008, from Pakistan Fashion Design Council: http://www. pfdc. org/pages/aboutus. html Baig, R. Q. (2004, December 25). From the dhoti to the shalwar. Retrieved December 27, 2008, from Dawn Young World: http://www. dawn. om/weekly/yworld/archive/041225/yworld2. htm Barringer, B. R. , & Ireland, R. D. (2006). Successfully launching new ventures. Entrepreneurship , 1st, 4-6. Prentice Hall. David, F. R. (2005). Strategic Management ââ¬â concepts and cases (11 ed. ). South Carolina: Prentice Hall. Farooq, H. (2007, October 30). Daily Times. Retrieved December 26, 2008, from ââ¬ËBoulevard' to be the hub of Pakistani fashion houses: http://www. dailytimes. com. pk/print. asp? page=2007%5C10%5C30%5Cstory_30-10-2007_pg7_30 Fashion Forever: What is Fashion? (n. d. ). Retrieved December 27, 2008, from Think Quest: ht tp://library. thinkquest. org/J002932/What%20is%20Fashion. html Federal Bureau of Statitics. (2005). Population Survey. Forbes Inc. (1997). The American Heritage College Dictionary. Boston: Houghton Mifflin Company. Ghafoor, B. (2002, October 3). Face to face with Maria B. Retrieved December 26, 2008, from Author's Den: http://www. authorsden. com/visit/viewArticle. asp? id=7292 Imam, Z. Z. (2008, August 13). Pakistani Fashion: fact of fluff? Retrieved December 26, 2008, from Ozer Khalid Bloogspot: http://ozerkhalid. blogspot. com/2008/08/pakistani-fashion-fact-or-fluff. html ; OZER KHALID. Nellis, C. (1999). A definition of fashion ââ¬â what it is, who decides what's ââ¬Ëin'. Retrieved December 27, 2008, from About. om: http://fashion. about. com/cs/historycostumes/a/whatisfashion. htm Nisar, Y. (2004). Moazzam's Riwayat. Retrieved December 26, 2008, from Pakistan Media Monitors. Nisar, Y. (2004). Moazzam's Riwayat. Retrieved December 26, 2008, from Paksitan Media Monitors: http://pakistanmediamonitors. org/index. php? module=category&Cat egoryID=7&pageindx=3 Pakistan Broadcasters Association (PBA). (2007). Director's Report. PBA. Pakistan, G. o. (2008). Economic Survey of Pakistan 2007-2008. Lahore. Qureshi, R. (2008, August 9 ââ¬â 15). Rapid GROWTH in the Fashion Industry . Retrieved December 26, 2008, from MAG: http://www. magtheweekly. com/16/lahore. php Rashed, F. 2007, December 9). Unity at the Boulevard. Retrieved December 26, 2008, from Dawn ââ¬â Images: http://www. dawn. com/weekly/images/archive/071209/images1. htm UNDESA. (2006, December). Pakistan. Retrieved December 30, 2008, from Internet World Stats ââ¬â usage and population statistics: http://www. internetworldstats. com/asia/pk. htm ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â Salwa Shaukat ââ¬â L1S06BBAM0001 Javeria Maqboolââ¬â L1S06BBAM0032 Sana Azhar ââ¬â L1S06BBAM2024 Kanwal Tariq ââ¬â L1S06BBAM2037 Submitted To: Professor Nasir Riaz |external and internal analysis |Industry : Fashion Industry | | | Company: Maria B. |
Tuesday, July 30, 2019
Main functions of GO4IT Sports Essay
* The company has a warehouse which supplies goods to shops as well as to sports teams by mail order * The company sells a wide range of sports goods in it shops this includes clothing, footwear and equipment for sports. * The shops also sell exercise equipment; however these large items are not kept in stock but are ordered from the supplier as required. * The company supplies match strips, to order, in team colours for different sports * The company supplies other team merchandise with team logo; these are supplied through a mail order service. * Sell sports trophies which can be engraved if required. * The company also supplies sports clothing in bulk to schools Different types of customers for GO4IT Sports The companyââ¬â¢s customers include: * Schools * Sports teams for all sports such as football, rugby, tennis, athletics and golf * General customers * The shops which are supplied by the companyââ¬â¢s warehouse Describe the functions of each section within the shops and Head Office, paying particular attention to Administration in shops and Human Resources in Head Office Functions of each section within the shops Administration * Each shop has a Branch Manager who has overall responsibility for the running of the shop. * The assistant manager and head of administration section report directly the branch manager. * The staff keeps account of the money taken through the EPOS terminals by comparing money received with EPOS records. * The administration staff produce and send correspondence from the shop as well as receiving correspondence. * Organise for a trophy to be engraved by contacting the local engraver. * Emailing weekly orders for goods to the warehouse * Producing confirmation purchase orders for goods and services * Checking invoices against goods received and work done and passing these to Head Office for payment Clothing sales * The clothing sales section has a clothing sales manager who the clothing sales staff and footwear sales staff report to. * Clothing Sales staff assist customers in choosing appropriate clothing and provide advice for those who wish to purchase clothing * The footwear sales staffs assist customers and provide advice for those who wish to purchase footwear. Equipment sales * The Equipment sales section has an Equipment sales manager. The general sales staff and specialist sales staff report to the Equipment sales manager. * The General sales staff operate the EPOS terminals, they scan the barcodes of every items during purchase and handing of receipts. * The Specialist sales staffs provide assistance and specialist advice and information for customers purchasing more advanced equipment. Functions within the Head Office * The Managing Director of GO4IT sports is responsible for all aspects of the day to day running of the business. The two directors which are: sales marketing director and the finance and administration director report to the managing director Sales and Marketing * The sales and marketing director is responsible for the mail order operation as well as advertising and promoting the business * A buying manager is responsible for locating the goods to be sold and negotiating contracts for their supply. * The buying manager ensures the right volume and type of goods are supplied at the right time to maximise profit. Finance and Administration * The Finance and Administration director is responsible for all other functions within the Head Office. This includes administration, Human Resources(HR) and finance * The Administration assistant, HR executive, chief accountant and ICT support executive report to the Finance and Administration director Finance * Keep records of all financial transactions on the head office server, including the income from sales for each shop and mail order, payments for goods purchased, payments for engraving contractors and staff wages. * Records are used to produce monthly and annual accounts for shareholders and Inland Revenue. * Generate VAT (value added tax) returns once a quarter for customs and excise. * Arrange for the amount due to be paid. Human Resource (HR) The functions of the HR Department are; * Staff recruitment and training * Place advertisements for staff * Send out and receive application forms * Organise interviews and provide contracts for successful applicants * Keeping standard personnel records on a database along with records of training courses attended by members of staff and any qualifications they obtain. * Determine what further training each staff member requires and how best to provide it * Book the member of staff on an external training course/ if many members require training organise for a trainer to deliver the course ââ¬Ëin houseââ¬â¢. Task1 Identify different types of supplier to the shops and warehouse and describe relationships between these suppliers and the departments/individuals within the company Warehouse Supplier What is supplied Who orders it How and when it is ordered Wholesaler Clothing and footwear Warehouse manager Order is made by fax once a month but can place special order by telephone if stocks of a particular item falls faster then expected Specialist manufacturers Sports equipment Buying Manager The buying manager negotiates contracts at the beginning of each season either by telephone or visit, for the supply of a certain quantity. Shops Supplier What is supplied Who orders it How and when it is ordered Local Engraver (external Contractor) Engraved Trophy Administration Assistant Administration Assistant telephones local engraver. The engraver collects the trophy from the shop with a confirmation purchase order detailing work the required. Warehouse Clothing and footwear Administration staff Branch manager hands an annotated stock list to Administration staff who e-mails warehouse Task 2 An analysis of the processes for recording sales in a shop and for mail order sales in Head Office. Shop Information Required * Product bar code or numerical code if bar code unreadable * Quantity bought * If sale is to be paid by credit card * If paying by cash the Amount to be tendered From where this is obtained and how it is captured * product code by barcode scanner * numerical code keyed in using a keypad * quantity keyed in by till operator * credit card yes/no keyed in The processing and calculations required * look up item in computer * display item name and price on screen * multiply price by quantity * if on sale, reduce total price by 50% * display total on screen * if credit card = yes, generate credit card receipt for signature The form and content of any output * on-screen / display message * paper till receipt * paper credit card receipt * Contains prices. items, sales items highlighted with words ââ¬Å"ON SALEâ⬠, store address, time of sale, till operator name Mail Order in Head Office Information Required * Team details e.g. team name, name and address of contact person, the sport, the colour(s) and design of shirt/vest, position of logo e.g. VTL(vest top left), picture of team logo and team number * Product colour * Product quantity required * Product code * Colour code/ X is entered If a non standard colour * Size and number of colours in logo * Amount of deposit paid From where this is obtained and how it is captured * Team details from completed order form from a mail order brochure entered onto data screen on computer using input devices such as keyboard and mouse * Product colour from completed order form from a mail order brochure entered onto data screen on computer using input devices such as keyboard and mouse * Product quantity required from completed order form from a mail order brochure entered onto data screen on computer using input devices such as keyboard and mouse * Product code from completed order form from a mail order brochure entered onto data screen on computer using input devices such as keyboard and mouse * Colour code/ X is entered If a non standard colour from completed order form from a mail order brochure entered onto data screen on computer using input devices such as keyboard and mouse * Size and number of colours in logo from completed order form from a mail order brochure entered onto data screen on computer using input devices such as keyboard and mouse * Amount of deposit paid from completed order form from a mail order brochure entered onto data screen on computer using input devices such as keyboard and mouse * Team logo captured using a scanner and stand alone computer The processing and calculations required * look up item in computer * display item name and price on screen * Calculate price of embroidery by multiplying number of logos by price * multiply price by quantity * Calculate sub total if less than à ¯Ã ¿Ã ½100, à ¯Ã ¿Ã ½5 is added for postage and packaging * Calculate and add VAT to give total price The form and content of any output * on-screen / display message * Invoice * Contains prices. items, store address, store phone and fax number, date of sale, invoice number, team contact person details, sub total, VAT, total, Less deposit, total due. Task 3 Outlining the current ICT systems used by GO4IT Sports, in particular, Finance within Head Office and Administration within a Shop Administration within a shop * Each shop has a number of Electronic Point of Sales (EPOS) terminals with barcode readers and card readers. * Telephone connection to banking system * Small Local Area Network (LAN) of three computers * Laser Printer * Branch managers computer acts as a server * Dial up modem Software used includes * Word processing * Spreadsheet applications Finance within Head Office * Number of workstations * Local are network (LAN) * Single Server * Fast laser printer * Slower laser printer * Bar code reader * ISND line Software used includes * Word processing * Spreadsheet applications * Database management software * Stock control software Task 3 Analysing the purpose and operation of the main ICT systems used for sales in each shop and the ICT systems using within the warehouse Shops * Each shop has an EPOS terminal with barcode readers and card readers. Stock data is held on dedicated server connected to the EPOS terminals. * There is also a telephone connection to the banking system for authorisation of the card payments. * The barcode reader is used to scan the barcode of each item and the product code it contains is used to look the product description and price from stock database * When items are scanned total price is calculated. This includes the VAT, the system calculates the net value of the items, and all of this is printed on the receipt. * If customer pays by cash, member of staff enters the amount tendered; the EPOS terminal calculates the change due. This is printed on receipt and given to customer * If customer wishes to pay by credit or debit card the member of staff swipes the card through the card reader. The card details are checked by the banking system and if the transaction is approved an authorisation code is transmitted to the EPOS terminal. * The authorisation Code and card details and amount debited are printed on receipt which is handed to customer to sign with card and items purchased. Warehouse * Stand alone computer * Scanner * Computer controlled embroidery machine * Workstation * Laser printer * Stock control software has separate screens for incoming and outgoing goods. * All goods have a product code which is contained in a barcode. When goods arrive in the warehouse the barcode of each product is read and the quantity entered via the keyboard. * This data is used to update stock database. * For every order picked up the staff use the barcode reader to input the product code and the keyboard to enter the quantity removed from stock. These items are deducted from stock database. Task 3 Recommending and explaining improvements/ extensions to shop systems Methods for improving stock control and the re-ordering of stock, as well as integration of systems within GO4IT sports. * A dedicated server could be used instead of the branch managerââ¬â¢s computer acting as a server, if the branch managerââ¬â¢s computer crashes then that would leave the other computers stranded without a printer and no access to the internet. * ISDN connection would improve communication giving workers a faster connection to send e-mails internally. Dial up connections are not as reliable and are slower so information being sent will be limited due to connection speed of dial up. * There should be a centralised database put into place. This is where all the companyââ¬â¢s data is held in one place and the computers in the company are networked. This central database can be used by anyone within the company provided they have been given access through a password. This will be a very resourceful way of storing company data, as it will prevent the problem of data duplication. * Sales based ordering where automatic re-ordering takes place of goods from the warehouse using the sales information from the checkouts. * To increase the efficiency of communication between the supplier and GO4IT sports I would recommend the introduction of EDI (electronic data interchange); the system is similar to email and allows users to exchange invoices, delivery notes, orders and receipts over the telephone network. Security * Log in pages requiring a specific unique user name requiring a private password to track who logs on and off to restrict users Possible problems for suggested improvements * One of the problems that may arise is the finance to cover the costs for the installation of the systems in place. * Also addition of new feature will mean that staff are not familiar with it and training for staff will be required. Benefits of using new technology EDI Advantages * It is much faster, as work does not have to be printed, it is on the screen * The EDI system is easy to use and work can be sent off very easily * Information can be sent to other companies, in less then a few minutes instead of days. * The company can be linked up with their bank, suppliers and customers. * Will minimize the amount of paperwork and business can be transacted much faster and more efficiently then is possible through the normal post. Disadvantages * For EDI, computers are relied on, therefore if the systems go down; it will have a huge of affect on the company. * It is very costly for the installation of EDI * The organization has to research into which system would be best for the company Ecommerce Advantages * Majority of the work of GO4IT sports can be done just through the internet, making it much easier. * This would means a lot less people will have to be employed this will result in huge savings for the company as most transaction will be electronic. * Currently GO4IT sports uses a lot of time to get into contact with suppliers by using the telephone, which can be tedious due to the telephone being engaged; by using e-commerce orders could be automatically electronically sent straight to the suppliers. * Team contacts currently have to post the payment to the company, which is very time consuming and not very secure and with using ecommerce an electronic funds transfer could be made. * Promotion of the company can be improved as it is all online presentation of online advertising can be enhanced. * This will also enable the company to advertise their products online and also allow customers to purchase the products directly from the site using their debit/credit card. They can place the desired items in the virtual shopping trolley. The company can be fully based on the internet, making it easier for the company and also for customers. Disadvantages * A close relationship between the retailer and supplier is required in order for the system to work * Returning products online will prove to be difficult. The customer may be put off when these areas are taken into account. As the customer will question how to send the goods back to their source? Who pays for the return postage? Will the refund be paid? Will I be left with nothing? How long will it take? Compared to offline experience of returning goods to a shop and it is frustrating for the customer. * Privacy, security, payment, identity, contract. Many issues arise ââ¬â privacy of information, security of that information and payment details, whether or not payment details (eg credit card details) will be misused, identity theft, contract, and, whether we have one or not, what laws and legal jurisdiction apply. MIS(management information systems) For the Buying Manager I would recommend the following improvements: * MIS could produce an analysis of patterns of sales in the company * MIS would be able to identify peak production needs * What if type questions could be applied to different patterns of sales The features of the MIS system that could be used by the branch manager are: * Production costs can be based on raw material costs * MIS could be used to carry out analysis automatically * Results could be displayed in graphs which are easy to understand * Monthly graphs could be produced of price comparison with competitorââ¬â¢s goods or services resulting from regular market research. * Planning, directing, controlling and forecasting decisions. Both managers would benefit from the following points of the MIS system: * Warnings could be set if production costs exceed budget. * Warnings could be set if stocks fall below fixed level.
Stock Market and Paramount
Case Study Questions ââ¬âParamount Communications Inc. 1993- Why a paramount is a takeover target? Several Strategic Reasons ââ¬â Cost reduction: through combinations of similar business and economy of scales ââ¬â Sales increase: a) cross-promotions of each companyââ¬â¢s brand and utilization of each companyââ¬â¢s channels, and b) cooperation in international businesses. 2. Which of the two firms (Viacom or QVC) would make a better fit with Paramount? -Viacom: Overlap in the business creates synergies regarding cost and revenue. However, cannibalisation may happen in the near future. QVC: Small rooms for synergies (cost reductions may be limited to non-business section. ). Volatility may high regarding the realisation of synergies (Most of new synergies come from new businesses. ). Therefore, Viacom is more likely to be a good fit with Paramount. 3. Compare your valuation (stand-alone basis) with market price. What makes the difference between two prices? Target Pri ce: $26. 48 to 29. 41 Market Price: $ 48. 88 to 55. 50 Market Price Multiples: Multiples imply the current stock price is overvalued. PER 33. 46 X, PBR 1. 61 X, EV/EBITDA 13. 7X There is a big difference in our Target Price and Market Price.This may come from 1) Market expectation that the company will generate more Free Cash Flow growth in the next few years 2) Speculation regarding potential takeover 4. What effect would Viacom have on the costs at Paramount if it bought the company? What effect would Viacom have on Paramountââ¬â¢s growth rate? What would happen to costs and sales growth if QVC bought Paramount instead? 1) Viacom impact on the cost and growth rate at Paramount -Cost reduction can be expected thorough combinations of similar business and economy of scales -Viacom will increase sales growth of Viacom by cross-selling and cooperation in international businesses. ) QVC impact on the costs and sales growth at Paramount -Though QVC expects , the cost reduction will b e limited as both companies share the same business area. In addition, sales growth of Paramount will be cut as QVC has intention of restructuring some of the Paramount businesses. 5. What is Paramount worth to Viacom? ââ¬â Theme park (cross-selling) ââ¬â Film Library/Film Distribution Business 6. What is Paramount worth to QVC? ââ¬â New business opportunities in Entertainment ââ¬â Film Library/Film Distribution Business 7. Compare your valuation with Smith Barneyââ¬â¢s.What assumptions do you have to make to get the terminal value EBITDA multiples used by Smith Barney. Is there any benefit of their method relative to FCF method? Smith Barney is using EBITDA of 14 to 16X. Since EBITDA multiple tends to revert to a certain level over the year, we need to assume that the market will keep pricing the company at the same level of 1993. The merits of EBITDA multiples: -They donââ¬â¢t need to assume the perpetual growth rate which is hard to calibrate but has substan tial impact on pricing. -They can ignore the capital structure change Easier to understand (it is ââ¬Å"market consensusâ⬠) 8. What doe 30% premium suggest? Is it reasonable? 30% of premium over the market price may be reasonable given; a) control premium b) the nature of takeover (it can be considered as ââ¬Å"Insider Tradingâ⬠, and to avoid litigation by shareholders, an acquirer may need to pay premium) c) consideration of synergies through a takeover. 9. How should Redstone proceed? What price should he offer? Should the offer be a cash offer, a stock offer, or some combination? What should he do about the lock-out option and the termination fee?Should he bother trying to buy Paramount at all? -The price to offer: $63. 00 (after aggressive synergies consideration) > premium of 14. 55% over the current stock price ($55. 00) -The type of merger: The total amount required will be From $63. 00 * 120million shares * 50. 1% = $3,787. 6 million to $63. 00 * 120million share s * 100% = $7,560 million. Cash: $3,783. 6million to $7,560 million was too much as Viacom has only $28. 7 million cash and most of cash is supposed to be kept for working capital (total current liabilities amount to $848. 3 million).Also, as the LBO is impossible either since Paramount has only around Free Cash Flow of around $300 million. Stock Offer: Therefore, stock offer can be a more reasonable option. However, Redstoneââ¬â¢s control over Viacom itself will decrease (see the table below). Lock-up and termination fee: Redstone should cease the options first if he really wants to buy the company. Conclusion: Redstone should not buy Paramount for the following reasons; a) He will substantially lose his control over Viacom b) Current market price is overvalued compared to Paramountââ¬â¢s intrinsic value. c) Realisation of synergies on revenue side is still uncertain.
Monday, July 29, 2019
View point Essay Example | Topics and Well Written Essays - 500 words
View point - Essay Example It is often seen that individual difference could lead to two people having totally opposing views to a similar topic. One such incidence is seen in the field of magazines. Some magazines analyse and present topics to their readers only showing or highlighting the external view points, in such a magazine the entire package is one which is a bird eye view of all its internal articles as well. On the other hand there can be another magazine which may address the exact same topics however provides its readers with a more holistic and in depth view of all addressed topics. One such example of the above stated phenomenon is Maxim and Cosmopolitan. Maxim is a total Male magazine. It is considered to be an essential part of what the Man of today would require and answers all Male questions doing so in a witty and yet extremely relevant manner which is appealing to the Male society. It provides information about the latest and greatest tools and gadgets to hit the market. It provides men's fashion tips, sex advice and music and movie reviews.
Sunday, July 28, 2019
IMIGRATION CRIMES Essay Example | Topics and Well Written Essays - 1250 words
IMIGRATION CRIMES - Essay Example To clear this dilemma, this research investigates on the relationship between immigration and crime in the USA. Statement of the Problem Different studies carried out around the world have led to opposing views on whether or not immigration correlates with crime. According to Ellis, Beaver & Wright (2009) in ââ¬ËThe Handbook of Crime Correlatesââ¬â¢ which is a review of studies of variables related to crime, a majority of studies carried out on immigrants have led to the discovery of high crime rates. This however differs greatly depending on the countries of origin. Other studies conclude that indigenous population have higher crime rates than immigrants. Actualization of the situation in USA is vital for the establishment of immigration policies advised by facts rather than generalizations. Crime Rates for Immigrants vs. Native-Born Crime rates for immigrants have been discovered to be lower than for the native born by a century of research. During the former period of large scale immigration in the early decades of the 20th century, several federal commissions discovered lower levels of crime amongst those that are foreign born as compared to the native born individuals. A 1994 report by the U.S. Commission on Immigration Reform came to a similar conclusion. Using data from the outcomes of community studies in Miami, El Paso, San Diego and Chicago; the National Longitudinal Study of Adolescent Health; and the 1980, 1990, and 2000 Census, academic researchers have also reached the same conclusion (Ellis, Beaver & Wright, 2009). No matter their legal status, immigrants do not cause or even worsen the problem of crime in the United States (Motomura, 2007). This is not surprising at all as the main aim of most immigrants coming into the United States is to go after educational and economic opportunities which are not available in their home countries; and to make a better living for themselves as well as their families. They therefore have much more to los e and very little to gain by engaging in law breaking activities. Undocumented immigrants especially have even more reason to stay clear of law breaking activities given that they are at a risk of deportation due to their lack of legal status if caught. Violent and Property Crime Rates As the undocumented population doubled in size, there was a subsequent drop in property and violent crime rates. Even though from 1994 to 2005, there was a double increase in the undocumented immigrant population to approximately 12 million, there was a reduction in the property crime rate in the United States by 26.4%. The violent crime rate on the other hand fell by a significant 34.2% (Schaefer, 2011). This reduction in crime rate experienced was not only national but also happened in the border cities plus other cities that have large populations of immigrants. Some of these cities include Miami, Chicago, New York, Los Angeles, El Paso and San Diego. The reduction in crime rate was in part because of the successful establishment of new strategies in crime-fighting such as community policing which have greatly assisted in formation of cooperative relationships between the police and their communities. How successful such cooperative approaches to law enforcement will be in immigrant communities is dependent on how willing crime witnesses and victims are to come forward to the police (Ellis, Beaver & Wright, 2009). This should be irrespective of their legal status or the legal status of members of their family. According to data
Saturday, July 27, 2019
Property offence Assignment Example | Topics and Well Written Essays - 2000 words
Property offence - Assignment Example 8). In this particular case, Fred sees a 50 pound shirt in a shop and swaps the price tag for another one marked 30. By doing so, Fred intentionally pays less for the shirt. This triggers the men rea precedent and the fraudulent act is then translated to theft or shoplifting since the true value of the item is not represented in its buying price. As a misdemeanor, the act falls under "summary offenceâ⬠case. It is then referred to section 22 of the Magistrates Courts Act 1980 (Dabbah 2004, p. 8). Fred is charged with petty theft charges due to his offence. In this case, Andrew and Fred share a house, however, when Andrew takes Fredââ¬â¢s football club season ticket from his room, he violates the ââ¬ËTaking without Ownerââ¬â¢s Consentââ¬â¢ law under the actus reus precedent. Subsection 5 and 6 of the UK legislation Theft Act of 1968 clearly states that an individual will be guilty of a theft charge, if the person lacks the permission of the proprietor or other official authority. (Cunningham 2008, p. 71). It is later documented that Andrew returned the ticket three months later. The theft cases may not be satisfactory to the jury since the item was returned to the owner while still valid. When Su decides to steal vodka from a shop with the use of a gun, he is subject to an aggravated burglary charge due to intent to use a deadly weapon hence triggering the men rea precedent. The UK legislation Theft Act of 1968 under section 10 states that an individual is accused of aggravated theft if he does any larceny and at the time he or she has any weapon or artificial firearmâ⬠. The fact that she pulls the gun outside the shop but returns it to her pocket still remains mute. The act further states that for this purpose a firearm or an imitation means anything that has the form of being a weapon whether able to being cleared or not. The
Friday, July 26, 2019
Methodology Essay Example | Topics and Well Written Essays - 1250 words
Methodology - Essay Example Finally, inductive approaches do not always allow researchers to capture the complexity of various social phenomena (Cargan 2007). This is why, when researchers cannot overcome the major limitations of inductive data, they begin their study with a theory, followed by a hypothesis and research (Saunders et al., 2007). In other words, they apply for deductive research approaches. Deductive data is usually derived from the study of earlier experiments, empirical and theoretical literature. In other words, deductive approaches rely on the previous studies and lead to the creation of generalizations and assumptions from earlier formulations (Cargan 2007). The use of deductive data in research is very common. According to Saunders et al (2007), deductive data allows developing conceptual frameworks from theories considered in the literature. These frameworks are then tested using the data (Saunders et al. 2007). Researchers who use deductive data develop new theories, based on the earlier studies in the same field. In deductive approaches, researchers usually begin with the analysis of literature. At times, meta-analysis designs are used to systematize earlier research findings. All these steps are integral to deductive approaches in research. With deductive data, researchers find it easier to make generalizations and develop recommendations for future research. ... Mixed methods research Mixed methods have already become a defining feature of contemporary research. Mixed studies are often valued for their strength and reliability. Basically, mixed methods designs involve the use of both quantitative and qualitative features (Denscombe 2010). The concept of mixed methods can be traced to the end of the 1950s (Creswell 2003). Mixed methods exemplify a logical and promising response to the limitations inherent in all research methods. With the help of mixed methods, researchers can ââ¬Å"neutralize or cancel the biases of other methodsâ⬠(Creswell 2003, p.15). Triangulation is a popular method of research, which is used to ensure better validity and reliability of the study findings (Creswell 2003). For example, the results obtained from one method can be used to inform another method of research, or one method can be nested within another research strategy to ensure effective analysis of the different levels of data (Creswell 2003). Researc hers who use mixed methods in their studies can choose from three research procedures. First, in sequential mixed method approaches, researchers use the data obtained from one research method to improve the quality of the results obtained from another method (Creswell 2003). The data obtained from one method can also be used to improve the second method used a mixed study design. Second, researchers can also use concurrent procedures, when qualitative and quantitative data are used simultaneously to study one research question (Creswell 2003). Finally, there are also transformative procedures when a particular theoretical framework is used to interpret both quantitative and qualitative study findings (Creswell 2003). The choice of particular procedures and
Thursday, July 25, 2019
Cities have the right to ban smoking in public Essay
Cities have the right to ban smoking in public - Essay Example John Britton (2004) in his brief analysis on the ââ¬Å"ABCââ¬â¢s of Smokingâ⬠highlights the numerous health risks related to both active and passive smoking. For starters, smoking is addictive owing to the massive amount of nicotine. Health specialists also report that Nicotine subsequently increases the levels of cholesterol in the body. Secondly there are other more serious risks such as lung cancer associated with tar, a major component of tobacco cigarettes. There are also numerous cardiovascular conditions that may arise such as Coronary thrombosis and cerebral thrombosis (Britton, 2004). The government postulates that putting a ban on public smoking will reduce the chances of these diseases claiming more lives than they already have. A national survey in America, for instance, indicates that tobacco related deaths supersede those related to AIDS, Murder and car crushes combined. Seeing as these deaths are preventable it would be against the public interest if the gove rnment did not take appropriate actions. This ban may also be beneficial to the smoker. Boyle et al (2010), postulate that the ban encourages the smokers to quit because they will smoke in only restricted areas. Reduced smoking will reduce the above mentioned diseases significantly and even mitigate the spiraling health care costs. In the year 2009, in light of the public smoking ban in Colorado, reports indicate that there was a 41% drop in heart attacks (Haber, 2010). However, other findings indicate that an individual under pressure such as the smoking ban is more likely to smoke more when they get the chance to do so (Britton, 2004). On the other hand, social behaviorists hope that reduced public smoking will reduce the chances of other people especially young people from adapting the habit. Nonetheless, there is something this ban overlooks in regard to the youth. First, youths derive pleasure from engaging in illegal activities more than legal ones. Secondly, other social medi a such television (movies in particular) makes smoking seem acceptable to the youth (Boyle et al, 2010). The most controversial stand both the pro smoking ban and those against it take is the constitutional approach. Persons who smoke claim the ban is against their personal liberties while non-smokers claim to smoke in public undermines their personal liberties (Brandt, 2009). The Fifth and fourteenth amendment dictate that personal liberties should not be deprived without due process. The Supreme Court agrees that the term ââ¬Å"libertyâ⬠as described in Section One of the 14th Amendment is subject to ambiguity. John Locke in his writings on the Second Treatise on Government maintains that there are entities that are above individual rights (Brandt, 2009). These entities include the government and society. In view of this, for as long as personal liberties infringe on these two entities, the government can strike down the individual liberties. Stewart Mill is of the same opin ion and voices this fact in his text ââ¬Å"On Libertyâ⬠. In summary, societal rights take precedence over the rights of an individual in instances where the actions of an individual infringe on those of the public. With this argument coupled with the numerous health factors associated with smoking, banning public smoking is logical and imperative (Brandt, 2009). Much as, there is no ââ¬Å"Right to smokeâ⬠, ââ¬Å"due process on this matter according to critics is lacking in
Discourse with an Atheist Who Beleives That Gos Does Not Exist Essay
Discourse with an Atheist Who Beleives That Gos Does Not Exist - Essay Example For instance, evolution does not explain the forces that combined the hydrogen and oxygen molecules and dust particles to form the primordial cell. Likewise, the causes and reacting elements that triggered the Big Bang or the starââ¬â¢s withdrawal of elements from the sun, as is alleged in the Star-Tidal theory are not cogently identified in non-creationist theories. Even non-creationist theories have to take a leap of faith in investigating the origin of life forms (Mongrain, 2011, 205). Contrary to the above, no one can repudiate the fact that the world, the universe and life forms are too complex to have been brought about by random chance. The intricate network of the blood vessels in mammals (especially man), the universal order and manââ¬â¢s linguistic capabilities, are just some of the indicators of an intelligent Being who must have designed the universe. Had the Star-Tidal or the Big Bang incident brought the universe and life forms into existence, chances for this str iking order would be zero (1/?). Logically, if God exists, then His interactions with His creation will be inevitable, and the vestiges of these interactions may also be notable. Still, these requirements are consistent with the Biblical notion of Godââ¬â¢s existence. Particularly, there are indicators of the universal or the Noahic flood, just as the Bible alleges that the flood took place around 4,300 BC. For instance, the multiple sources and traditions of the worldwide deluge as is seen in the Epic of Gilgamesh, the Rig Veda and Ovidââ¬â¢s Metamorphosis and the Chineseââ¬â¢s Book of Knowledge, among others provide the Noahic flood with multiple attestations. Particularly, there are over 240 literature and traditions which mention the worldwide flood. The slight disparities among the accounts do not really discount the plausibility of a universal flood having taken place. Instead, the numerous accounts corroborate it. 2) A case for Jesus' claim to be God and for His resu rrection That Jesus claimed to be God is directly settled in many references. Some of these references include: Matthew 12:6-8 (He refers to Himself as the Initiator of the Sabbath); Mark 2:1, 2, 10 (He forgives sins); Matthew 7:21-23 (He is the ultimate Judge who can render eternal damnation); Mathew 14:33 and John 9:38 (He accepts worship). Conversely, Christââ¬â¢s claim to be God is expressly seen in the instance where He takes up Godââ¬â¢s name and therefore equating Himself with God, in John 8:23-4. In Exodus 3:12-14, God reveals Himself to Moses, with the name I AM. In His discourse with the Pharisees and the rest of the Jews, Jesus does not only claim to have preceded Abraham, but also takes on the name; I AM (Williams, 2010, 27). In Mark 2:1, 2 and 10, before healing a paralytic, Jesus speaks of having forgiven the young manââ¬â¢s sins. The Scribes and those gathered there charged (rightly) in their hearts that only God had the power to forgive sins. To validate His claim of having the power to forgive sins, Jesus heals the paralytic. The crux of the matter herein is that while it is easy for any one to claim to have the power to forgive sins, He healed the paralytic as proof to His ability to forgive sins. Logically, a manââ¬â¢s words just before his death are usually taken seriously, especially when the actor or speaker is aware that he is on the brink of death. At this instance, an individual weighs his words and deeds carefully because of the knowledge of the irreversible nature of death and the eternal state that
Wednesday, July 24, 2019
Case Project Troubleshooting WANs Coursework Example | Topics and Well Written Essays - 500 words
Case Project Troubleshooting WANs - Coursework Example This step would include identifying if the NIC is properly installed; cable connections into ports and wall jacks are not loose; network length does not exceed IEEE standards; and, device configurations. The best way to troubleshoot would be to replace a suspicious network component with an efficient one. I would set the NIC to 100 MBs with full duplex because there might be an auto-negotiation trouble with the router. I would also try rebooting the server. I would also check if there are any firewalls that are preventing the computers from seeing each other. After this step, I would log into the departmentââ¬â¢s gateway to check the transfer of data traffic. If that turns out to be okay, then I would try to locate any changes made to the gateway. In case there are no changes, I would try to use a trace route command to an Internet site to the other side of the router to find out where the blockage in data traffic is occurring. This trace route command will go beyond the gateway b ut will fail in case of no connectivity.
Tuesday, July 23, 2019
The Country Husband Essay Example | Topics and Well Written Essays - 500 words
The Country Husband - Essay Example Francis, the leading male character of the story, suddenly finds himself in a situation where despite his efforts he cannot ignore the fact that something is missing in his suburban life. On the whole, it all seems quite right as suburban life might often look but underneath the surface lies a sense of restlessness as if there is a hole in the picture that needs to be filled. after an almost near-tragic experience on the plane, Francis returns home with a heightened sense of his mortality only to find that no one was really interested in that story. This leaves him with a sense of frustration and emptiness which makes him explore life outside his suburban existence. The reaction of his daughter Helen explains what really the core problem was. Helen, "doesnt understand about the plane crash, because there wasnt a drop of rain in Shady Hill" (Shady Hill, 54). She cannot fathom how her father could have been in an accident when weather was just fine in Shady Hill. This helps us understand what the issue is really. The people in Shady Hill cannot see beyond their own suburban boundaries. They are suffering from middle class complacency that doesnââ¬â¢t allow them to see beyond the limited sphere of suburban lives. That obviously limits a personââ¬â¢s view of the world and Francis slowly begins to realize it: ââ¬Å"Looking back over the recent history of Shady Hill for some precedent,â⬠¦"[Francis] found there was none. There was no turpitude; there had not been a divorce since he lived there; there had not even been a breath of scandal. Things seemed arranged with more propriety even than in the Kingdom of Heaven" (Shady Hill, 66). This surreal picture was however sometimes disturbed by people or animals that couldnââ¬â¢t gel well into the suburban structure. Two such people were Gertrude and Jupiter, a little girl and a black retriever, who were living lives on their own terms and in their own way. However
Monday, July 22, 2019
Firoozeh Dumas Essay Example for Free
Firoozeh Dumas Essay To deny someone and education is not just a crime but a sin, because you are denying that person the opportunity to realize who he or she is meant to be. This quote represents Firoozeh Dumass view on learning and becoming the person that she is today. Through her hardships, struggles, good times and the bad times, she has matured and learned a great deal. In the autobiography Funny in Farsi by Firoozeh Dumas, the themes or clashing cultures, new environments, and learning through experience comes into play. The story begins as Firoozeh moves with her family to the United States in 1972, as a seven-year-old. From the moment her airplane lands, she starts to see differences; not only in the geography of the land and the appearance of the people, but the look of the whole place. She is used to bustling cities in Iran, crowded with enthusiastic workers, shoppers, and people socializing. In contrast, her new neighborhood in America seemed fairly unexciting; she describes it as uniformed houses, all the lawns in perfect order, as if everything was constantly being maintained to achieve the ideal look. But little did she know that this was only the beginning of differences. Entering a new school would open a whole other orbit of biculturalism. As she enters school, she sees everyone; completely different looking from her, and all of them fluent in English. Curious classmates peered around her desk, examining her from head to toe trying to figure out who she is; what type of creature she is and where she comes from. To make things even worse, Firoozehââ¬â¢s mother decides to attend school with her, to learn proper English. This leads to ultimate humiliation for Firoozeh. Not only is she an immigrant student, but an immigrant student with her mother in elementary school with her. Students constantly ask her where she comes from, as if shes an alien of some sort. She slowly learns to respond by saying You know, the country where Persian cats come from. She hopes to one day learn English properly so she can fit in and communicate with her fellow students. Her first day is completely confusing as she tries to embrace all that is happening around her. On the way home, the bus driver drops Firoozeh and her mother a few blocks away from their house. Not so familiar with the location, they get further confused and cant recognize their own home. To them, the homes all look alike, and cant distinguish their own from the rest. These incidents represent the difficulties that Firoozeh goes through in her first couple of months in America. However, after a couple of months time, she learns more and more about the American culture and believes she is on her way to Americanization. During summer vacation, the family celebrates their first year completed in America by voyaging to Disneyland. Being a child, Firoozeh is completely star-struck and amazed by the tiny world created for the sole purpose of entertaining people. All her favorite Disney characters that she had only heard the names of in Iran were now walking amongst her in real life! Firoozeh wasnt the only one who enjoyed herself. Her father Kauzem described Walt Disney as a genius, a man whose vision allowed everyone, regardless of age, to relive the wonderment of childhood. (p. 17) Their lives in America seemed to be improving, until the Iranian Revolution ten years later. Firoozeh, now a seventeen year old, was again suffering from racism everywhere she went. People were now staring at her again, questioning her and calling her a terrorist, just because of what was happening in her country. The pain of not fitting in was now something she became accustomed to, and she decided to overcome it by further educating herself. She was thankful to have the opportunity to be educated, and she wanted to take advantage of her chance. Firoozeh spent high school learning French, until she got fluent in it. She was offered an opportunity to travel to Paris for two months because of her immense skill and fluency at the language. There, she again faces racism, where she is interviewed and labeled as a seventeen-year-old spy. She begins to ignore the racism around her, and advances in her studies. From education, she learns who she really is. The strength is now ingrained in her and she knows who she is: a young Iranian woman who has succeeded through many hardships. Nothing can stop her from learning, the main factor that helped her develop her personality. The main conflict she faces over and over again throughout the story is intense racism and not being able to fit in with every other American. By end, she realizes that by using education she can overcome all her struggles. Firoozeh Dumas ends up marrying a Frenchman who she meets in college, and they both live happily together. She realizes that her own encouragement and drive to study has brought her all the way to college, and finds her a perfect partner. As she said before, education is what helps a person realize what they are meant to be. In my opinion, the character goes through many hardships; and just as things begin to turn up, she again falls into another political conflict because of the Iranian Revolution. With these multiple problems she has to face, she realizes that one key factor can help her survive through it all: education. She knew that as long as she kept studying and taking advantage of the right of education, she will succeed; and she did. I think she dealt with her hardships perfectly and came out extremely strong at the end. This book is an ideal representation of an immigrant girl coming from Iran. It shows the perfect perspective of what someone like Firoozeh might think, and the problems they will face. It gives an opportunity for the reader to advance their knowledge on a new culture, to see an Iranian immigrantââ¬â¢s point of view. By adding some humor in the story, it becomes even more entertaining and interesting to learn about Firoozehââ¬â¢s struggles. This book has given me an increased amount of respect for people who come from a different country. Firoozehââ¬â¢s education helped her go extremely far and be successful in life, and I hope the same will happen to me because Im blessed with the right of education that Firoozeh describes.
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