Louis Vuitton Case Analysis - 1626 Words

Louis Vuitton Case Analysis Key Issue Louis Vuitton is a flagship group of LVMH, which had double digit growth during 2010 and 2011. Michael Burke, the new CEO of LV group is uncertain about whether the group can grow sustainable. The main issue he current encounter is that how to push LV to grow steadily and protect LV’s values and heritage from being undermined. External Analysis PESTEL Analysis Political: The global luxury goods market can separate into America, Europe, Japan, Asia-Pacific, and rest of countries by region. Overall, the major luxury goods consumption countries have relatively stable political environment in recent years. However, in southern Europe, the†¦show more content†¦Environmental: The global personal luxury goods industry may have negative impact to environmental aspect if the manufactories have poor pollution control abilities. Some companies also destroy instead of discounting their excess product in order to keep the products’ value, which may cause additional waste and recycle pressure, but the case did not provided enough information for the environmental aspect. Legal: For some companies, acquisition is one of important method to grow companies’ size and profitability, but the acquisition is restricted by law. For example, French law requires that one company should report its purchase action to the other company if it holds more than 5% ownership. If the company uses other ways to circumvent the law, it may face lawsuit issues later on. Conclusion: Overall, the global luxury goods industry still has high potential to growth sustainably in the future. Since the market of this industry is worldwide, companies’ revenues will not largely affected by a single country or region. The important thing is to keep the balance of expansion between different countries. Companies should also be carful about increasing production effectiveness while retain the heritage value of the brands. Five-forces Model Degree of Rivalry: The degree of rivalry is moderate in the global personal luxury goods industry. The industry is very concentrated and occupied by few large players. These companies do not needShow MoreRelatedCase Analysis : Louis Vuitton895 Words   |  4 PagesJared Hess International Marketing Case Analysis Louis Vuitton in India Summary In 1999, the French leading luxury brand, Louis Vuitton, decided to enter the Indian market. Maharajahs, is a Sanskrit title given to those in India who have the title of â€Å"great king†, â€Å"high king† or â€Å"great ruler†. The Maharajahs have been very familiar with Louis Vuitton since the late 19th century. This relationship between the Maharajahs and the Louis Vuitton brand allowed the decision of entering the Indian marketRead MoreLouis Vuitton Case Analysis1621 Words   |  7 PagesManagement Louis Vuitton Case Analysis Key Issue Louis Vuitton is a flagship group of LVMH, which had double digit growth during 2010 and 2011. Michael Burke, the new CEO of LV group is uncertain about whether the group can grow sustainable. The main issue he current encounter is that how to push LV to grow steadily and protect LV’s values and heritage from being undermined. External Analysis PESTEL Analysis Political: The global luxuryRead MoreAnalysis on Louis Vuitton Case Study2237 Words   |  9 Pages1. What has made Louis Vuitton’s business model successful in the Japanese luxury market? As the business model addresses â€Å"how the company makes money in this business†, Louis Vuitton’s business model in Japan can be simply explained as selling products through directly owned and controlled stores. A good business model can guarantee the success of business. LV’s business model in Japan successfully drove it to the world’s largest market by strictly following the principles and benefiting fromRead MoreExternal Global Environment of Louis Vuitton in Japan Case Study Analysis1280 Words   |  6 Pages Unit 4 External Global Environment of Louis Vuitton in Japan Case Study Analysis Kaplan University School of Business MT460 Management Policy and Strategy Author: Professor: Ernest Norris Date: June 9, 2014 External Global Environment of Louis Vuitton in Japan Introduction This case study is on the external and global environment of Louis Vuitton (LV) in Japan. For many years, Japan has been Louis Vuitton’s most profitable market but the economicRead MoreLv Marketing Analysis1462 Words   |  6 PagesLouis Vuitton Analysis SWOT; Porter’s; PESTLE Louis Vuitton Analysis SWOT; Porter’s; PESTLE TABLE OF CONTENTS Introduction 1 Louis vuitton – the brand # SWOT analysis # Porter’s model # pestle # INTRODUCTION This is a report about the brand named Louis Vuitton in terms of brand analysis on the context of Marketing Lectures. We choose Louis Vuitton because it is an interesting brand to analyze since it is strongly established in the market and has been growing despite the economicRead MoreLouis Vuitton1146 Words   |  5 Pagesï » ¿ Case 14: Louis Vuitton in Japan American Military University Abstract Established in France in 1854, Louis Vuitton, known as the oldest supplier of French luxury fashion goods, became known for its exquisite leather bags and trunks. Louis Vuitton opened its first overseas location in 1885 located in London, England. In 1888, Louis Vuitton developed the Canvas Damier Pattern which provided brand recognition and a symbol of product excellence. In 1977, Louis Vuitton expanded intoRead MoreLouis Vitton in India Harvard Case1471 Words   |  6 PagesLouis Vuitton and the Indian market for luxury goods Louis Vuitton redefines luxury. The Louis Vuitton Moet Hennessy (LVMH) group is a global leader in a variety of luxury industries spanning across various categories including: fashion and leather, wines and spirits, perfumes and cosmetics, and watches and jewelry[1]. The LVMH group has thrived in conventional markets such as Europe and the United States because both markets are characteristically and densely populated with high-income individualsRead MoreLouis Vuitton Porters Five Forces Analysis1338 Words   |  6 PagesIntroduction Described in this paper is Louis Vuitton’s (LV) evaluation of the external and global environment of LV in Japan. We will discuss the remote, industry, and operating of the external environment along with the factors involved in the global environment utilizing the S.W.O.T., P.E.S.T.L.E., RVINE, and Porter’s Five Force analysis tools. Known as one of the oldest French luxury fashion houses, â€Å"Louis Vuitton†, an international, well-established brand mostly famous for its craftwork leatherRead MoreLouis Vuitton Porters Five Forces Analysis1298 Words   |  6 PagesDescribed in this paper is Louis Vuitton’s (LV) evaluation of the external and the global environment of LV in Japan. We will discuss the remote, industry, and operating of the external environment along with the factors involved in the global environment utilizing the S.W.O.T., P.E.S.T.L.E., RVINE, and Porter’s Five Force analysis tools. Known as one of the oldest French luxury fashion houses, â€Å"Louis Vuitton†, an international, well-established brand most famous for its craftwork leather bags andRead MoreLouis Vuitton : The World Known Luxury Leather Finally998 Words   |  4 PagesIn 1854, Louis Vuitton Malletier run his own company in Paris (France). That is, as we know, Louis Vuitton (LV). The brand grows into the world-renowned luxury leather finally. According to our case, his success is based on three rules. That is, to master his savoir, to provide excellent service to his customers and to innovate continuously. Besides, in 1987, the company of LV merged with Moet Hennessy that was a company much larger than it to form the Moet Hennessy Louis Vuitton (LVMH) group. Moreover

The End Of Food By Lizzie Widdicombe - 1396 Words

American poet and Civil rights activist Maya Angelou once said â€Å"Eating is so intimate. It s very sensual. When you invite someone to sit at your table and you want to cook for them, you re inviting a person into your life.† Throughout the history of humans, food has been a constant in cultures, traditions and everyday life. People have evolutionized to crave food because it gives us the nutrients and minerals that are needed for survival. Interestingly, as things like transportation, shelter, warmth, health and ideology have changed over long periods of time to become more efficient, food has remained close to the same. The food that is given to humans today from the time they are a small child is quite similar to the food eaten hundreds and even thousands of years ago. Food has become such a large part of the human culture that it has not advanced to the degree that other things such as the human home has changed in order to become economical. In the article â€Å"The E nd of Food† by Lizzie Widdicombe, Widdicombe discusses the story of Rob Rhinehart who embellishes the idea of changing food to become more useful and efficient to humans. While working long hart hours, Rhinehart creates Soylent, which is a mixture made up the necessary nutrients and minerals for survival, in order to reduce the amount of time and money he spends on eating everyday. In other words, unlike Maya Angelou, Rhinehart does not view eating as intimate or sensual. He views eating as an inconvenience thatShow MoreRelatedThe End Of Food As We Know It?1264 Words   |  6 PagesMason Brudzinski First Year Writing Requirement Directed Self-Placement June 22nd. 2016 The End of Food as we know it? In the midst of a failing telecommunication start up, and stumbling into a problem like any mundane individual. Robert Rhinehart, was posed with quite the dilemma on the verge of going belly up on his initial telecommunication project and scrapping by looking in any which direction to subsidize his cost to be solely invested in the new telecommunication market; Soylent was born:Read MoreFood Tradition : The Thread That Links Generations1605 Words   |  7 Pagesbecomes a part of who they are. In â€Å"The End of Food† by Lizzie Widdicombe, the author introduces three young men who eliminated food to save money by creating a potion of only the essential vitamins and minerals needed to survive. In â€Å"Food Tradition:The Thread That Links Generations† by Bonny Wolf, the author explains how food and family are connected through the love of food . In â€Å"Our Moods, Our Foods† by Julie Beck, the author explains the relationship between food and our emotions. The C ollege StudentRead MoreThe Destruction Of Food Production1393 Words   |  6 Pagesthe pursuit of food. Civilization sprung up as food harvesting and farming became more optimized and specialized. The procurement of food declined as the greatest usage of human time. The efficiency of food production has allowed humanity to thrive on the different industrial and technological revolutions, and create a better standard of living for many people. Lizzie Widdicombe in the â€Å"End of Food† writes about Soylent, a â€Å"overall food substitute† that aims to replace regular food. According to

Robin Hood Case Study free essay sample

Do scenario planning for Robin regarding the issue of killing the sheriff. What happens if Robin does not try? What happens if he tries and succeeds? What happens if he tries and fails? The sheriff is growing stronger and becoming better organized day by day. The sheriff’s money and men are growing in numbers also which means if Robin does not take action soon then the sheriff will get his mortal blow to the campaign that he wants. If Robin does not try to kill the sheriff then nothing changes and the sheriff will never stop until he takes Robin and the Merrymen down. The problem with trying to kill the sheriff is that it would be very hard at this point when he is so strong but it is not impossible. If Robin tries to take down the sheriff and succeeds it would most definitely satisfy his thirst for revenge, but it would not improve the situation. We will write a custom essay sample on Robin Hood Case Study or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Someone would just take the sheriffs place that shares the same vision or just do what is told of by Prince John. If Robin tries to kill the sheriff and fails then Robin would most likely be killed and the sheriff would ultimately â€Å"win†. The Merrymen would be leader-less so they would either crumble and everything would go back to the way it was before or they could revolt. The Merrymen could be so upset about the death of Robin that they could revolt against the sheriff and Prince John and take back order and restore the throne to King Richard. 2. Formulate a potential new strategy for Robin’s organization. Robin and the Merrymen are growing rapidly and instead of a small band of men they now have a major encampment of men. The problem with this is that discipline and vigilance is down and needs to brought back up. So I suggest that Robin coordinates with Little John and Millers son to bring these things up and to make the group into a well-disciplined and trained organization. Once this is accomplished instead of joining the conspiracy to free King Richard just go straight after the source (Prince John). It seems to me that Robin and the Merrymen are caught up on taking down the sheriff when in reality even if they succeed and take down the sheriff someone will just take his place and nothing will be accomplished. So I suggest retraining his band of brothers and then going after Prince John and bringing him down. Once he is brought down then they could restore the throne to Kind Richard and he will take care of the sheriff and restore order to Nottingham.

Impact of Globalization on the Value Chain

Question: Discuss about the Impact of Globalization on the Value Chain. Answer: Introduction It is observed that the process of corporate consideration is like a sea change that has tides and at times it is quiet with some surprises in a way. There are new challenges, when companies face, it is equally a challenge for small business consideration and even for multinational companies. There are issues that emerge and are even affected with the performance and behavior of the senior level management to handle crisis management when globalization affects the company. This is an impressive development that an organization owns with the impact of globalization in this age (Wuelser et al. 2012). The changes are faster now a days and this threatens the survival of organization with the factors that affect the value chain organization. There are new challenges such as new competitors, capital investment and mobilization, difficulties in retention process and as such a higher level change of technology that has an extreme element with which the managers has to get prepared for the challenges and the change. Managers continuously try to prove their responsibility by proving the change in an organization. As such there are many factors that impact the globalization on the value chain (Zindiye et al. 2012). This seems to be motivating the employees by handling them their work responsibility and analyzing the impacts with each of the element in the business. There are corporate considerations that include the change when globalization matters on the value chain of the business. Other factors such as competitive advantage considerations, financial considerations, technological consi deration, and cultural consideration, and human resource consideration, political and economic consideration do justify the overall information regarding the impact of globalization on the value chain (Harrison et al. 2004). Competitive Advantage Considerations Due to globalization, companies face a high competition in the domestic as well as international markets. Globalization promotes competition, which requires excellent services and high quality which leads to the growth of the company. For competing in the global market, the companies need to develop and grow powerful enough to sustain for a long term in the market. The companies need to constantly develop innovative strategies and plans to remain competitive and develop a huge market share (Wuelser et al. 2012). As per different industries, the ratio of competition and chances of survival differs. The companies may face high competition if the market is already occupied by the best service provider companies which are difficult to defeat. There are numerous advantages of getting the business globalized. Globalizing into the developing countries and countries from where the company can find cheap resources, raw materials, energy sources and liberal rules and regulations (Geoff, 2006) The strongest example of the advantage of globalization is found within the case of US. The United States faced a decline of manufacturing industry and was on the edge to diminish due to high costs and expenditures. But due to globalization and expanding the manufacturing business into various developing countries where the resources, the labor costs and the overall expenditures were less, US were successfully able to maintain its manufacturing business. Also differences in the currencies help the countries to gain high revenues and profits in comparison to the base countries from where it developed (Zindiye et al. 2012). Along with the favorable locations for the business in terms of geographic, economic, demographic and conditions can also be explored which would enhance the quality and success of the business. Thus globalization and managing the value chain has a wide competitive advantage for companies (Acemoglu et al. 2007). Corporate Consideration The large corporations aim to reach the entire globe by exploring their offices and branches all around the world in different countries. The corporate considerations of globalization and value chain include the development of a companys branches and offices into different countries and enhance the value chain for the customers of those countries (Varghese, 2011). Also the large corporations enter the under developed countries and stimulate technology and automation in the countries. It has been identified from various surveys that 51 from the list of top economies are not countries but are businesses and corporations. The businesses generate more revenue than countries (Wuelser et al. 2012). As an example, Walmarts revenues are considerably higher than Indonesias total revenues. The companies now do not face any boundaries for developing at the global level and also succeeds in developing a sustainable and reliable value chain. The companies consider the value chain and customer value as important aspects of globalization (Prete et al. 2015). The companies adopt the political, demographic, economical etc. values of the countries where they expand. This makes it easy for them to get smoothly established in the countries. As an example, McDonalds is a huge chain of restaurants which has 31,000 restaurants in 118 different countries of the world. The company has amazing strategies to regulate globalization while maintain the value chain. The company performs in depth analysis regarding the culture of the countries and then penetrates in the market (Varghese, 2011). Despite of its huge brand name, the company adopted various factors like the political, legal, cultural, demographic etc. factors and values and then started businesses in various countries. This made McDonalds widely accepted and welcomed in every country where it expanded and maintained its value chain (Defever and Farid, 2013). Along with globalization, the companies require to understand and practice then social responsibilities. The social responsibility includes developing services which can benefit the entire society and provides outcomes which are beneficial to each individual entity concerned with the business (Hamilton and Webster, 2009). The companies are liable to develop ethical behavior showcasing the concern and benefits of the customers, employees, stakeholders and shareholders. The social responsibility includes several aspects like environmental, social, moral and financial factors. Globalization must practiced as two sided process where the company grows while developing into various countries fulfilling the social responsibilities and the countries gets benefited by having huge multinational companies serving the citizens and providing income and employment to the citizens (Zindiye et al. 2012). The companies promote technological and economical transformations while emerging into various countries (Alfaro and Maggie, 2014). Not only the companies and society gets benefited but also the trade relations and the political relations of the countries are enhanced by this. The huge example of best practice of corporate social responsibility are the Open Door Policies in China which provides trade and finance liberalization (Varghese, 2011). Thus Social responsibility is a very important aspect in the globalization and value chain management. Financial considerations Finance is an important aspect which gets hugely affected by globalization. The developing countries have been majorly benefited due to the globalization o terms of cash flow and growth rate. This leads to the incorporation of all the financial markets into a single global market (Hamilton and Webster, 2009). Also, uniformity and stability has to be maintained to achieve financial benefits of globalization and value chain management. The developing countries are highly benefited from the globalization in terms of fianc as, the changes and instability of the currencies and conversions leads to more income. These aspects, however act as a barrier or hindrance to globalization for some countries (Cunningham, 2008). The banking sector has changed where the banks have negotiated the chances of financial risks by transforming the assets into tradable securities and interest rate changes. The integration of a countrys finance into the global market gives the investors a stable and powerful platform and thus the businesses planning to increase funds would have a wider option of investors to select from (Wuelser et al. 2012). The financial system for the lenders and borrowers has got more transparent and competitive. The domestic market has, however experienced some critical conditions in contest to financial concerns due to globalization (Alfaro and Maggie, 2014). For example, Saudi Arabia prepared its yearly budget assuming that the prices of oil are 40 USD but was in actual 100 USD. Due to this the country had a huge surplus and the liquidity dried up. Thus, there are benefits and harms of globalization in terms of the financial market, but it is significantly marked that the distribution of capital is done in a very efficient and effective manner which benefits the society or investors of the country and the companies both (Alfaro and Maggie, 2014). Technological Considerations The technology has promoted and regulated the globalization where companies get various benefits regarding the business to business transactions (Hamilton and Webster, 2009). Several costs are reduced, which benefits the companies. The advancement of internet has led to numerous advantages of data sharing. All over the world, people are able to communicate and trade. Since the last few decades the globalization process has become more efficient and simpler due to the technology (Antr`as, 2015). This includes areas like communication technology, information technology, transportation technology etc. If we consider the information technology, the internet and the World Wide Web has dragged globalization to a new level where people are able to communicate from huge distances and share the data and information (Nigam, 2009). The various aspects and news regarding various countries are available just within a fraction of time through which it gets so easy to analyse and trade with countries. If we consider the communicational technology, there are various mediums which have made communication very easy between countries (Hamilton and Webster, 2009). The mobile phones, the internet and mailing systems, softwares and applications are developed which makes communication a very simple and efficient matter. The significance of transport technology is also highly impactful as the sea, air and road transport has become so easy and speedier. The advancements and development in the engines, and the technology used in building the transportation vehicles has become more advanced which has increased the trading and tourism among countries. Thus the technology can be said as the most powerful reason behind the increase and ease in globalization (Antr`as, 2015). Human resource considerations The impact of globalization on human resource consideration has a positive impact that matters for the value chain organization. As such globalization and human resource are interlinked with the worldwide phenomenon and this gets into the shape with the corporate world which is actually predominant (Ogunsola, 2005). There is an immense relationship between globalization and strategic human resource (Nations, 2011). As such due to globalization, there are significant changes that are considered with high degree of improvement in the human resource activity in an organization. The extents to which the human resource department adopts the standards that are set globally are well recognized and accepted by the companies (Antr`as and Davin, 2013). The degree of globalization and the impact of globalization are widely considered in IBM, where employees are treated with high respect at the same time, they are responsible to fulfill their work with high degree of ethics with the prevalent work culture (Hamilton and Webster, 2009). If the degree of globalization is high, the degree of correspondence seems to be an influencing factor for the human resource department (Nigam, 2009). It is important to know that globalization has various challenges that the company needs to consider when it reaches at a point where strategic human resource planning is the next step to carry forward the growth and development of an organization (Ogunsola, 2005). Cultural considerations The impact of globalization has an affect towards the cultural change whereas the production and sales of goods and services do impact with the development of the country and its wellbeing (Pieterse, 2009). The way globalization has come up with the value chain has some home changed the scenario with the concerned change that has to threaten with the local products? Products at the domestic level can now be exported with the change in the system and the products with higher value satisfaction. the foreign foods such as Mac D has come up in the market and people have accepted the change in their food habits due to the familiarity and fame that the company has all around the world (Powell, 2015). The globalization approach has made simple things more complex with the increase in the supply of good and the choice that people get with large number of foreign consumer products, this actually disrupts the traditional producers and so in this case it may adversely affect the demand and supp ly of the local products (Broda and David, 2006). This gives a demographic level and an international level of cultural demands and supply thereby it assists to the expansion of trade in various countries with an impact of a positive and a negative impact towards the value chain (Nigam, 2009). Globalization tends to majorly realm the elite because of the reason that there are many such individuals who are merely engaging into the affluent purchase that enhances the online products in the global market (Pieterse, 2009). This criterion is very much inclusive now days and the backgrounds interact as such with the westernized milieu. International business acceptance criteria have been widely spread and western culture has influenced the behavior and the language that generates the international or else the economic rate of the country. Economical and Political Considerations: The economical aspects like GDP and its increment due to globalization, the foreign direct investment, the income and payments, the revenues are considered while identifying the economical benefits of globalization. The political globalization includes the number and increment in the number of foreign embassies in a given country, participation in the international organizations, number of treaties signed between countries, trade relation with countries etc (Ogunsola, 2005). Due to globalization the interdependability of countries in context to the economical and political aspects has increased. The economical globalization has led to flow of capital, cash, gods, technology, and skills among countries. Due to the economic globalization the foreign investment and employment opportunities have increased (Pieterse, 2009). The foreign trade has developed import, export and trade relations among countries and the developing countries shave especially gained huge benefits from globalization. The political aspects showcase come advantages and disadvantages. The political aspects generally consider power which may get the situations and relations among the country tensed up. The developing countries are dependent on the powerful countries for trade and employment areas. The political relations can be damaged between countries having equal powers and can stress up the trade relations (Powell, 2015). Thus the economical and political aspects have a quite high influence on the globalization. While having proper and unbiased trade rules and regulations, the countries can have a proper advantage of globalization. Conclusion There are positive and negative impacts of globalization on value chain and these were discussed while considering various factors that affect the globalization. By evaluating each factor, the findings reveal that the extent of which globalization is accepted is very much significant due to the emerging markets and the developed countries that enhance the privatization and liberalization. The positive impacts are the number of factors that include trade, technology, investment opportunities, competition, organizational structure and education at the prioritized level. The whole effort lies in the global community that engages various countries and transactions between these countries. As such there are advancements and improvements that have developed since a decade and the availability of options that enhance the growth and development of an organization. The impact of globalization on value chain has been directly focused on some considerations that affect in the economy and in the country with a significant level (Powell, 2015). The political considerations, human resource considerations, economic considerations, cultural considerations, competition and technological considerations are affected with the advancement and change in the economy. References: Acemoglu, D., Pol A., and Elhanan, H. (2007), Contracts and Technology Adoption, American Economic Review 97(3): 916-943. Alfaro, L., and Maggie, X. C. (2014), The Global Agglomeration of Multinational Firms, Journal of International Economics 94(2): 263-276. Antr`as, P. (2015), Global Production: Firms, Contracts and Trade Structure, Princeton University Press, forthcoming. Antr`as, P., and Davin, C. (2013), Organizing the Global Value Chain, Econometrica 81(6): 2127-2204 Broda, C., and David, W.(2006), Globalization and the Gains from Variety, Quarterly Journal of Economics 121(2): 541-585. Cunningham, S. R. (2008). Financing creative industries in developing countries. Creative industries and developing countries: Voice, Choice and Economic growth, Routlegde Londonand New York, pp.65-110. Defever, F., and Farid, T. (2013), Productivity, Relationship-Specific Inputs and the Sourcing Modes of Multinationals, Journal of Economic Behavior and Organization 94: 345-357. Farrell, R. R. (2007, February 23). The Future of Globalization. Retrieved September 26, 2011, from Website of The Real Truth, Magazine: https://www.realtruth.org/articles/070223-001-globalization.html Geoff, R., E. C. (2006). A2 Macroeconomics / International Economy. Retrieved September 27, 2011, from Tutor 2 u: https://tutor2u.net/economics/revision-notes/a2-macro-globalisation-effects.html Harrison, A. E., Inessa, L., and Margaret, S. M. (2004), Global Capital Flows and Financing Constraints, Journal of Development Economics 75(1): 269-301 Hamilton, L., and Webster, P. (2009). The International Business Enviroment. New York: Oxford Univeristy Press. Nations, U. (2011). Global Investment Trends. New York: UNCTAD. Nigam, M. (2009), August. Impact of Globalization. Retrieved September 26, 2011, from Article Base Web Site: https://monikanigam.articlesbase.com/science-articles/impact-of-globalization-1095770.html Ogunsola, L. A. (2005). Information and Communication Technologies and the Effects of Globalization: Twenty-First Century "Digital Slavery" for Developing Countries--Myth or Reality?Electronic Journal of Academic and Special Librarianship , 2, 1-2. Pieterse, J. N. (2009). Globalization and culture: Global mlange. Rowman and Littlefield Publishers. Powell, J. L. (2015). Globalization and Scapes: A New Theory of Global Dynamics. International Journal of Social and Humanistic Sciences. Varghese, N. (2011). Globalization and cross-border Education: Challenges for the development of higher education in Commonwealth countries. Kuala Lumpur: International Institute for Educational Planning (IIEP). Wuelser, G., Pohl, C., and Hadorn, G. H. (2012). Structuring complexity for tailoring research contributions to sustainable development: a framework. Sustainability science, 7(1), 81-93. Zindiye, S., Chiliya, N., and Masocha, R. (2012). The impact of Government and other Institutions' support on the Performance of Small and Medium Enterprises in the Manufacturing Sector in Harare, Zimbabwe. International Journal of Business Management and Economic Research, 3(6), 655-667.

DreiserS Sister Carrie Essays - Fiction, Literature, Carrie

Dreiser'S ?Sister Carrie? I think it is very difficult to define the exact character of Dreiser's ?Sister Carrie?, and his original intention. I would say, ?as many eyes, so many opinions?, so no wonder there are different approaches and interpretations towards the novel which is influenced not just by the reader's reading or personal experience, but also by their particular philosophy of life as well as knowledge about the historical background. ?Sister Carrie? can be read as a novel of desire, seduction, or the critique of capitalism and consumerism. It's definitely not the plot or characters which are dominant elements of it. The taste and the literary value of Dreiser's novel is shaped and created by its setting and the author's tone. Chicago and New York have almost as organic and important role in the novel as the characters. They do not just form the simple environment for the novel, but they influence its character and a very strong impression. Chicago's character is kind of more ?positive?, it is a city of promise, luck, rise (Carrie). We can say that in Chicago, Hurtswood means something. New York ?s character is different. It's a city of lies, fall, impersonal isolation of ?walled city where surviving is much more difficult than in Chicago. In New York, Hurstwood means nothing. The setting creates different expectations to people. During the reading of ?Sister Carrie?, I was interested in searching and revealing the different kinds of desire. Generally we can say that Dreiser deals with the desire of wealth, social status, material things which are represented by money. Within this generalization, we can find and identify many other faces and forms of lust and longing. Carrie, as an ambitious and strong woman embodies the social values of the consumer culture. All she longs for is a material wealth, which represents power. She can be seen as a symbol of money. But Carrie lives in a world of prices. Her labor costs $4.50; board $4 a week; car fare $.60; cheap lunch $.10; etc. She imitates everything perfectly and that's why she is becoming what people want her to become. Her desires come from other people's desires. It is exactly Drouet, who introduces her to the world of wealth, to materialism. He gives her money, flat even ?name when she enters the world of theater. She plays her role according to Drouet's desires ? once acts as his mistress or ?wife?. She plays a kind of role for him and by imitating whatever the ?drumm er? desires in women, she becomes merely a reflection of ?masculine? desire. It seems to me that she is never allowed to express any desire of her own ? except for her desire for consumption (admiring and buying clothes). I think in her relationship with other people, she feels bigger pleasure fro being desired than for feeling desire of her own. The question is wheter Dreiser's attitude towards women is negative or positive? Are his women just objects or active characters? Or does Dreiser reinforce the conventional belief that the essence of a woman is just a performance of a role? I think we can also talk about a kind of ?prostitution? as for the female characters, namely Carrie and Julia. Carrie sells herself for $20, and she is paid far more for her body than she is for her labor. Julia also demands money which makes her marriage also as a form of prostitution. Is sex in this world, consumption society, a woman's most marketable product? Do these women have or even can they have their own faces? Hurstwood's desire is to possess, to possess a quiet and peaceful life with exciting ?episodes?. He views marriage as a contract that gives him a right to control both women without questions. He thinks he has the absolute power to make decisions. Does Dreiser want to stress that power is a natural and singular masculine right? Dreiser's attitude towards his characters is pretty confusing. He tries to manipulate his readers and throughout the novel, he makes comments judgements on the characters and their actions. Definitely, he feels more sympathy towards his male characters. His opinion on women is not ?pleasant?, he is putting them to a position of creatures who are

Fiduciary Duty Essays - Loans, Fiduciary, Mortgage Loan, Creditor

Fiduciary Duty Essays - Loans, Fiduciary, Mortgage Loan, Creditor Fiduciary Duty A fiduciary relationship is defined as a relationship in which one person is under a duty to act for the benefit of another on matters within the scope of the relationship. A fiduciary is defined as a person who is required to act for the benefit of another person on all matters within the scope of their relationship. In the seminal case Garrett v. Bankwest, Inc., the Supreme Court of South Dakota held that a fiduciary relationship exists between a lender and a borrower only if, (1) the borrower reposes faith, confidence, and trust in the lender, (2) the borrower is in a position of inequality, dependence, weakness, or lack of knowledge, and (3) the lender exercises dominion, control, or influence over the borrower?s affairs. All three of the elements must exist in order to establish a fiduciary duty between a lender and a borrower. The court also held that the relationship between a lender and borrower is generally viewed as a debtor-creditor relationship which imposes no special or fiduciary duties on a bank. The courts have generally ruled that when a fiduciary duty does exist, it is because the relationship between the lender and the borrower goes beyond typical contractual agreements. The majority of cases in Alabama show that the courts hold that lenders do not owe a borrower a fiduciary duty out of a basic creditor-debtor relationship. In Lee v. United Fed. Sav. The buyers applied for and received a loan from the United Federal Savings and Loan Association to purchase a house. After purchasing the house, the buyers found several structural problems and went to United Federal concerning them. United Federal referred the buyers to the firm that had inspected the house, and they then learned that the inspection report written prior to the purchase had identified the structural issues. The buyers filed suit against United Federal and others claiming that they had established ?a confidential relationship, or special circumstances between the parties, under which the law imposed a duty on United Federal to disclose all material information it possessed about the condition of the house.? The court ruled that that just because a financial institution lends money for the purchase of a house, it does not create a confidential relationship which imposes a duty to disclose facts at their disposal (even if they have knowle dge of defects in the house). The court stated that, ?We decline to recognize any such duty between United Federal and the Lees (the buyers) under the facts presented, which indicate to us an arm?s length transaction. Absent a confidential relationship, no duty to disclose exists The court determined that only a debtor-creditor relationship existed and the circumstances do not create a confidential relationship. Therefore, the lender owed no fiduciary duty to the borrower. In McIntyre Electric Serv., Inc. v. SouthTrust Bank of Mobile, McIntyre Electric filed suit against SouthTrust Bank after the bank cancelled the company?s credit and demanded payment on all outstanding loans. McIntyre Electric had conducted business and borrowed money from SouthTrust for eight to nine years prior to filing suit. In 1980 and 1981 the company experienced financial difficulties, was extended credit by SouthTrust and was assured that the bank would ?stand behind McIntyre financially in order that McIntyre Electric might reach financial stability.? McIntyre had contemplated going out of business but had decided to continue operating after receiving the commitment from SouthTrust. In their argument to the court, McIntyre asserted that those circumstances created a fiduciary relationship with SouthTrust. The court ruled that only a debtor-creditor relationship existed and that SouthTrust had no control or influence over McIntyre?s business except as a creditor. In thi s case, even though the lender had pledged to help the borrower remain in business, a relationship establishing fiduciary duty did not exist. Another case which addresses fiduciary duty is Ex parte Ford Motor Credit Co. In this case, the buyer of an automobile filed suit against the automobile dealership and the credit company when he learned of the existence of a commission on his loan between the two. The buyer

Wireless fan (high level design) report Essay Example | Topics and Well Written Essays - 250 words

Wireless fan (high level design) report - Essay Example This document, once it is approved, serves as the basis for: The scope of this project is to architect, design and create Wireless fan. The fan has four switches one of them is turn on/off (A), and the others which are (B,C,D) to change the speed levels of the fan. So I have: The wireless has an exposed antenna. This antenna serves the purpose of boosting transmission of the trigger towards movement of the fan. The components would be light and not jammed because there is meager use of connecting wires. It is vital to note that the switches will possess an indirect link to the decoder. This is to enable the usability of switches. In addition, the switches will possess an angle of 90 degrees to the motor. This is to enable the compatibility of the switches to the motor fan. It is vital to note of the idea that the wireless fan system possesses two core components. These two components have more than a functional separation. The core parts possess a physical and functional separation between the sending and receiving components. This has a first antenna and a second antenna that link to transmit signals between the same. The decoder is segregated to send and receive signals through the system of antennae. The antennae have a relationship between the two links in a sense that the two signals shift between entities. Therefore, the decoder connects to the motor that rotates to trigger the movement of the blades. The system has four switches that connect to the four sections of the decoder. The decoder connects to the antenna and the LDE. In this sense, the antenna sends a signal to the receiving antenna. The antenna transmits a signal that triggers three levels of the decoder. The decoder, thus, transmits a signal to the motor that