Friday, November 15, 2019
Air Pollution, Smog, Acid Rain, the Greenhouse Effect, and Ozone Deplet
Air pollution is a well-known problem throughout the world. Humans know that we are the major cause for air pollution and although we know this fact, we continue to pollute. We poison our air every day by throwing out enormous piles of garbage, burning tons of fossil fuels, and driving millions of miles each year, but do we truly know how much this affects our society and our Earth? Smog, acid rain, the greenhouse effect, and ozone depletion are some of the effects that have resulted from air pollution. Health effects caused by filthy air are also a serious problem that has resulted from pollution. Smog is a term that was created from smoke and fog. It is found most typically in urban and suburban areas rather than rural areas because air pollution occurs most often where there are large numbers of people. Exhaust fumes from vehicles are emitted into the air, and a chemical reaction takes place when these fumes react with sunlight, resulting in smog. Another type of smog is created from dirt particles in smoke from the chimneys of factories and houses (Stille 22). These dirt particles cling to drops of water in the air, which can make eyes water, noses itch, and throats scratchy and sore. People within these cities that deal with this murky haze are much more likely to experience discomfort and develop lung problems due to breathing in too much polluted air (Asimov 15). Acid rain, another effect of air pollution, is formed when sulfur-rich fuels such as coal and oil are burned and combined with water. This rain is harmful to our environment because sulfur creates an acid that kills fish, trees, plants, and crops. It also damages paint on cars and wears away the stone used in buildings and statues (Stille 31). Acid ra... ...s affecting the environment, self-interest should drive concern about the pollutants because it can severely affect one's health. Pollution has contributed to several diseases, especially many forms of cancer. With effort and motivation to reduce these effects from air pollution, we can begin to cleanup our air and make our Earth a better place for not only our future, but also our children's and grandchildren's future. Works Cited Asimov, Isaac. Why Is The Air Dirty? Milwaukee: Garth Stevens, Inc., 1992. Dolan, Edward F. Our Poisoned Sky. New York: Cobblehill Books, 1991 Oppenheimer, Michael, and Robert H. Boyle. Dead Heat: The Race Against the Greenhouse Effect. New York: Basic Books, Inc., 1990. Stille, Darlene R. Air Pollution. Chicago: Childrens Press, Inc., 1990. Tate, Nicholas. The Sick Building Syndrome. Far Hills: New Horizon Press, 199
Tuesday, November 12, 2019
Tea Industry Analysis
INDUSTRY ANALYSIS Indian tea industry The tea industry in India is about 170 years old. It occupies an important place and plays a very useful part in the national economy. Robert Bruce in 1823 discovered tea plants growing wild in upper Brahmaputra Valley. In 1838 the first Indian tea from Assam was sent to United Kingdom for public sale. Thereafter, it was extended to other parts of the country between 50's and 60's of the last century. However, owing to certain specific soil and climatic requirements its cultivation was confined to only certain parts of the country. Tea plantations in India are mainly located in rural hills and backward areas of North-eastern and Southern States. Major tea growing areas of the country are concentrated in Assam, West Bengal, Tamil Nadu and Kerala. The other areas where tea is grown to a small extent are Karnataka, Tripura, Himachal Pradesh, Uttaranchal, Arunachal Pradesh, Manipur, Sikkim, Nagaland, Meghalaya, Mizoram, Bihar and Orissa. Unlike most other tea producing and exporting countries, India has dual manufacturing base. India produces both CTC and Orthodox teas in addition to green tea. The weightage lies with the former due to domestic consumersââ¬â¢ preference. Orthodox tea production is balanced basically with the export demand. Production of green tea in India is small. The competitors to India in tea export are Sri Lanka, Kenya, China, Indonesia and Vietnam. Tea is an agro-based commodity and is subjected to vagaries of nature. Despite adverse agro climatic condition experienced in tea growing areas in many years, Indian Tea Plantation Industry is able to maintain substantial growth in relation to volume of Indian tea production during the last one decade. There has been a dramatic tilt in tea disposal in favour of domestic market since fifties. While at the time of Independence only 79 M. Kgs or about 31% of total production of 255 M. Kgs of tea was retained for internal consumption, in 2006 as much as 771 M. Kgs or about 81% of total production of 956 M. Kgs of tea went for domestic consumption. Such a massive increase in domestic consumption has been due to increase in population, greater urbanisation, increase in income and standard of living etc. Indian tea export has been an important foreign exchange earner for the country. There was an inherent growth in export earnings from tea over the years. Till 70sââ¬â¢, UK was the major buyer of Indian tea Since 80sââ¬â¢ USSR became the largest buyer of Indian tea due to existence of the trade agreement between India and erstwhile USSR. USSR happened to be the major buyer of Indian tea accounting for more than 50% of the total Indian export till 1991. However, with the disintegration of USSR and abolition of Central Buying Mechanism, Indian tea exports suffered a set back from 1992-93. However, Indian Tea exports to Russia/CIS countries recovered from the setback since 1993 under Rupee Debt Repayment Route facilities as also due to long term agreement on tea entered into between Russia and India. Depressed scenario again started since 2001 due to change in consumption pattern, i. e. switch over from CTC to Orthodox as per consumer preference and thus India has lost the Russian market. Another reason for decline in export of Indian tea to Russia is offering of teas at lower prices by China, South Asian countries like Indonesia and Vietnam. The major competitive countries in tea in the world are Sri Lanka, Kenya, China and Indonesia. China is the major producer of green tea while Sri Lanka and Indonesia are producing mainly orthodox varieties of tea. Kenya is basically a CTC tea producing country. While India is facing competition from Sri Lanka and Indonesia with regard to export of orthodox teas and from China with regard to green tea export, it is facing competition from Kenya and from other African countries in exporting CTC teas. Because of absence of large domestic base and due to comparatively small range of exportable items, Sri Lanka and Kenya have an edge over India to offload their teas in any international markets. This is one of the reasons of higher volume of export by Sri Lanka and Kenya compared to India. Another important point is that, U. K has substantial interest in tea cultivation in Kenya. Most of the sterling companies, after Indianisation due to implementation of FERA Act started tea cultivation in Kenya. So, it makes business sense for U. K. to buy tea from Kenya and Kenya became the largest supplier of tea to U. K. Tea is an essential item of domestic consumption and is the major beverage in India. Tea is also considered as the cheapest beverage amongst the beverages available in India. Tea Industry provides gainful direct employment to more than a million workers mainly drawn from the backward and socially weaker section of the society. It is also a substantial foreign exchange earner and provides sizeable amount of revenue to the State and Central Exchequer. The total turnover of the Indian tea industry is in the vicinity of Rs. 8000 Crs. Presently, Indian tea industry is having (as on 31. 12. 2006 ) 1655 registered Tea Manufacturers, â⬠¢ 2008 registered Tea Exporters, â⬠¢ 5148 number of registered tea buyers, â⬠¢ Nine tea Auction centres. The Indian tea industry is witnessing a strong revival of fortunes with exports rising and domestic consumption gearing up. The industry saw an impressive 8. 8 percent increase in average tea auction prices in the five months ended August 200 4. The tea industry is one of the oldest organized industries in India with a large network of tea producers, retailers, distributors, auctioneers, exporters and packers. Tea is grown in more than 32 countries among which India is the largest producer. The industry provides direct employment to more than a million workers of which a sizeable number are women. More than two million people derive their livelihood from ancillary activities associated with production, value addition and marketing of tea. The tea trade is a major contributor to the countryââ¬â¢s economy. Substantial foreign exchange earnings with negligible import content, contribution to the State and Central exchequers, preserving a pollution free biosphere and soil conversation are some of the important features of the tea industry. Tea Exports increase Due to global supply imbalance, tea exports from India during the Jan- Aug 2004, period increased to 107. 7 million kg against 92. 4 million kg in the corresponding period last year. However, the average price realizations dropped to Rs 83. 20 per kg in 2004 from Rs 100. 51 per kg in 2003. The rise in export volumes has been boosted by higher demand from Pakistan, Iran, Iraq and other gulf countries. The unconventional destinations like Japan, Germany, Singapore, Australia, USA and Canada have emerged as potential destinations in recent months where Indian tea is being exported in greater volumes and has recorded 88 percent growth in the first five months of calendar year. The all-India average export realization tumbled drastically by 17. 2 percent to Rs 83. 20 per kg in the five months ended August 2004, from Rs 100. 51 per kg in the corresponding previous period. The fall in the average export realization was relatively modest at 5 percent to Rs 118. 8 per kg in north India, while it was steeper at 16. percent to Rs 58. 61 per kg in south India. Even as exports rose, imports too, jumped sharply. There was a 225 percent increase in tea imports to 17. 83 mn kg in the five months ended August 2004 compared to 5. 47 mn kg in the corresponding period last year. {draw:frame} Tea is indigenous to India and is an area where the country can take a lot of pride. This is mainly because o f its pre-eminence as a foreign exchange earner and its contributions to the country's GNP. In all aspects of tea production, consumption and export, India has emerged to be the world leader, mainly because it accounts for 31% of global production. It is perhaps the only industry where India has retained its leadership over the last 150 years. Tea production in India has a very interesting history to it. The range of tea offered by India ââ¬â from the original Orthodox to CTC and Green Tea, from the aroma and flavour of Darjeeling Tea to the strong Assam and Nilgiri Tea- remains unparalleled in the world. Tea trading in the domestic market is done in two ways- Auction and Private Selling. Market Reports are received from the six major auction centres in India, namely, Calcutta, Guwahati, Siliguri, Cochin, Coimbatore and *PEST ANALYSIS GLOBALLY *( u. k tea market ) Political Factors The UK Government supports the fair trading commitment for both the local consumers and foreign producers (News BBC, 2005). This is observed by a requirement on labeling that a stamp of ââ¬Å"Fairtradeâ⬠must be included in the products for consumer reference. This is a way to give the buyers a chance to patronize those companies that are producing tea responsibly. However, this also shows that the UK Government do not have strict policies on fair trade. Due to this, the recent calls of Indian workers for the UK Government to act against Unilever due to unfair trade acts and the inability of the latter to act speedily on the matter have adverse consequences on future exporters. If big and global companies such as Unilever continue to rip profits un-scaled with the source plantation abroad, the competitiveness of new entrants would be reduced. For example, Unilever can engage to price wars as well as incur substantial growth funds. To address this scenario, prospective exporters are expected to create a niche market to go away with direct competition with large companies. In 2004, the calls of EU Commission against the UK Government to implement the ââ¬Å"tea breakâ⬠law concretized the significant role of tea in the country as well as the Union as a whole (BBC News, 2005). In contrast but in support to the increasing importance of tea in the UK, the Government used the gesture of providing free to all British to motivate them to go to the cherished Millennium Dome. Also, tea giving is also used to foster cohesion among British especially in 2005 where terrorist attacks plague the country (Watley Website). Throughout the UK political history since the introduction of tea in Britain by Catherine of Braganza and rationing of tea to UK soldiers of First World War, tea played a major role in government affairs. Thus, it can be concluded that the approach of the Government to tea imports are positive. However, there is still a question of protecting their local producers. Specifically, imports will only be allowed if local production is under shortage or if the country cannot get the internal benefits greater the cost of doing business with foreign tea manufacturers (Tea Website). In contrast, there are similar adverse actions that the Government imposed on tea campaigns (BBC News, 2007). For example, the Advertising Standards Authority apprehended the UK Tea Council, for dis-informing the market about the benefits of tea. Even though the Council cited several papers to prove that the press release is facts, the Authority argued the lack of substantial evidence. More importantly, the Authority wanted the council to avoid making ill-supported ads that may run counter to the health policies of the Government. Due to this, it can be said that the Government does not have a firm stand about the health benefits of tea. In effect, future ads to increase the market for tea may have weaker impact to consumers due to absence of full government support. However, as history suggests which includes events dated back as far as Opium Wars, UK Government places a substantial importance in tea trade. But the role of exporters such as Chinese merchants fell as UK have established its own tea fields in UK areas such as Cornwall. Economic Factors Comparing the UK tea prices of today and 1977 figures, supermarkets are selling tea bags much cheaper compared to several decades ago (Telegraph Website). This is a good opportunity for exporters because the natural resources as well as cheap labor in their home countries can be used to engage in price competition in the UK. However, there is a pitfall. This is true when the price of exported teas is so low that the operations of the exporters are in jeopardy once the market continuously put pressure on tea prices. There are several risk factors that influence of price reduction in of UK tea which can include competitive policies of retailers to as far as the weak US dollar. Due to this environment, exporters might not have much incentive in selling in the UK given that there are trade constraints and disincentives coupled with heavy competition. Ultimately, exporters have to battle with volume rather than quality. In contrast, there is an advantage of exporters who can offer innovative products. In this way, the market will not rely on price factors to affect their decisions rather to the qualities of tea products which is also the source of loyalty. There are numerous characteristics of UK that makes it an attractive destination for exporter goods. Being the second largest economy in Europe, UK is also one of the most globalized advanced economies the world (UK Statistics). There is an opportunity for exporters to exploit the inclusion of UK in the EU and the latter influence in the trade agreements of the former. When this is enforced, entry to UK market may serve as a window of opportunity to infiltrate EU state members. Free market is also the main framework of UK institutions which limits the influence of UK in trades. According to National Statistics, UK also has low inflation, unemployment and interest rates and ranked one of the most superior economies in the region. With this in mind, exporters can easily attached bulk of positive issues to the production, start-up and marketing environment in the country. In the contrary, UK still has problems in reducing income inequality. Although not a good sign in aggregate, exporters can use niche marketing to exploit this bottleneck. Competition, thus, is reduced when direct rivalry is spread over the income boundaries of the people. With respect to some concepts on tea business, influx of tea exports can reduce the capacities of monopolist but this can result to intense rivalry (Market Trade Fair). Thus, exporters can reduce the competitiveness of local producers. With cheaper labor and known abundant natural resources in developing countries, UK tea industry may not have the ability to coupe with them. Further, switching costs of tea products are low which makes customers have the higher bargaining especially in terms of price and quality. Considering this, exporters that have the upper hand in bringing broader variety of teas compared to local producers. With Asian touch to the products, the market may also feel that exports have higher nutritional value than local counterparts. However, there is a very high risk of failure in the industry especially if the location is UK. Profits margins are low, fixed assets are high, inventory are perishable and local producers may have been embedded. This is to exclude adverse corporate responsibility that may result to low margin such as the example of Unilever criticized approach in Indian tea farms. Social Factors It is internationally claimed that tea is the second most popular drink after water (Rico Magda Research, 2006). There are at least 800 million cups of tea that are consumed in a global scale. Of this figure, UK is the country that has the highest share per capita on a daily basis. Without demographic restrictions on the market regarding their preference of tea (i. e. at all ages), the UK tea market loomed to at half a billion value with everyday demand of tea at 160 million cups. According to Mintel Report, green tea is preferred by the market apart from red and black variants of tea because of green tea's relatively higher pleasurable taste and health benefits. As the country is on the peak of its becoming a cafe society culture (Elopak Website), numerous tea-makers all over the world saw opportunity of this trend. Not only is the basic qualities tea encouraging UK market to buy them. As a matter of fact, several new entrants that introduced different varieties and innovations on tea products are also becoming successful. Specialty teas such as those with spicy flavors are widely-accepted. The UK market continues to support tea-makers and retailers as long as they are able to address the health, safety and taste needs while innovation serves as a good foundation to introduce new products. If accepted, these innovations can make a demand shift from ordinary tea features to creative ones. Another illustration is the changing lifestyle of the UK market. The preceding features can also be successful if they are able to make tea as a representation of the one's consuming them. This is when stylish tea from niche players became critical. Thus, the growth in of tea industry in the UK is expected to be at least 7%. Delving to other health products, UK's consumption of oatmeal including porridge from 2003 to 2005 significantly increased at least 20% (Baker Website). This indicated that the health consciousness of consumers have revived several years ago. The interesting part is the large part of UK consumption of these products is sourced from cafes shops similar to teas. Convenience in eating as well as provision for healthy diet is two of the primary motivation of the consumer of their increased support. Parallel to iced tea, the positioning of cold cereal market is good with annual increase of at least 10%. This means that the typical intake of healthy products is changing (Food Quality News). With the aid of governmental information efforts, more UK people are developing the habit of evaluating the nutritional content of each product label before actual purchase. This improvement is an extension of 2000 shifts on health beliefs of the population. There are many benefits of tea from the Asian tests and experiences that are not yet as many as UK (Info Cancer Website). In fact, there are minimal UK studies to confirm that Asian evidence of cancer-minimizing capabilities of green tea. However, the UK market as well as some UK analyst has concluded that the Asian benefits are yet to be acquired by the country simply because the former is relatively consuming less quantities of tea. On the other hand, there are UK laboratory test that observed that tea has higher caffeine content than regular cola, energy drinks and chocolate. Caffeine is a substance that has positive effects to people such as increased alertness, treatment of asthma and aids blood flow. To be in safe levels of consumption, a person should not exceed 6 cups of tea in a day. Finally, increase caffeine consumption would lead to inability to sleep, nervousness and frequent palpitation of the heart (Tea Website). There are also studies that showed increased risk of bone illnesses such as osteoporosis and adverse effects on pregnancy if caffeine intake is not regulated. Technological Factors In European standards, UK agricultural production and its level of technology is efficient and highly-automized. As illustration, only 2% of its labor is in required to support sixty percent of its agricultural sector (Nutri-Ingredients). However, the list of main agricultural outputs of the country excludes tea. This is because that tea is abundant and typical to Asian regions. There are private companies such as Unilever that are able to re-produce tea in the UK. But this is generally limited in variety and in texture. For example, in 2003, White tea became a successful product introduction in the UK because it is an exotic plant to the consumers. Obviously, the advantage of producing and selling exotic teas in the UK is that it is a good hedge in any technological advancements and efficiency in production of developed countries. Also, medicinal value is believed to be redeemed for products that do not undergo intensive technological application. To this part, exporters would be encouraged to enter and compete the UK market because what they are offering are unique products. Historically, unique products have the ability to run against market trends (e. g. avoidance of lower prices). UK is one of those developed economies that maintained the role of agriculture in the economy despite radical shift of sectors towards service and manufacturing industries (IATC Website). In fact, the country is one of the leading nations that produce safe and efficient harvests. The quality of UK's products is reflected in its consumer protection against low quality and sometimes foreign foods. This can be a source of weakness against tea products from developing countries. The good issues are that China is a close trading partner of UK. The topography of UK includes fertile farmlands, favorable climate, pioneering breeding practices and application of science. However, these features may as well highlight the competitive advantage of Asian tea which is deriving in traditional, religious and cultural uniqueness. Even if some varieties of Asia teas are being able to be re-produced and propagated in UK, the impressions of healthy and effective may not be synonymous to all UK customers. Conclusion The PEST analysis above showed that Chinese tea exporters have a good opportunity in the UK market. The tea sector in the country has variety of advantages against exporters. This includes regulatory compatibility, consumer familiarity, efficient production practices, arable lands and high purchasing power of the people. On the contrary, Chinese exports have also its advantages such as traditional approach to production, unique land setting, embeddedness of tea as cultural medicine, competitive prices and a new look to tea products. The last feature and the health value Chinese tea exports would be the most critical factors for today's slowing tea sector. To address this issue, iced tea is the answer. This will defeat UK-based products especially if the Chinese exporter can offer cold and unique recipe of tea. Specifically, the ability of its product to be preferred by customers as hot or cold can be an indispensible characteristic to increase its market share abruptly. {draw:frame} {draw:frame} Silver Step Exports is a trading and packaging company that specializes in high quality INDIAN TEAS RICE SUGAR WHEAT FLOUR vision : To be indiaââ¬â¢s foremost tea exporters. ACHIEVE MARKET THROUGH LEADERSHIP FOR BRANDED TEA WORLD WIDE. TO BE PERCIEVED AS MOST INNOVATIVE IN TEA BASED BEVERAGES LONG TERM PROFITABLE GROWTH VALUES : RESPONSIBILITY- Be responsible and sensetive abiding all the norms regulations of various countries. Product portfolio : Tea ( primary) Rice ( secondary ) Sugar( secondary) Service portfolio : Packing for reputed groups like :- Goplajee Hope life consumer care MANAGEMENT SUMMARY : Management comprises of highly qualified mangers at all the levels of the organization, experienced managers and consultants along with strong market research team forms the strong base for SILVER STEP EXPORTS. Top management has the clear vision to achieve and form the policies and strategies and take the organization to new heights . SWOT ANALYSIS STRENGHTS : Real strength of SSE lies in its capacity and capability to produce any kind of tea in any quantity with best possible quality. The capability and expertise of top management enables the organization to take quick and effective decisions. With a wide variety of product to offer SSE enjoys a premium segment of customers to which it caters with best quality product. Strengths at a glance : Superior quality Best prices Standardized product Total quality management programs Flexibility and adaptability. Innovation WEAKNESS Organizations operate in an economic and social environment which are to be taken care of by the organization itself, weakness Is not merely due to one specific factor but aggregate of many , Main weakness lies in, is of inventory a wide variety of tea ( approx. 30 flavours ) are available in the market keeping all the stock ready at one point of time is sometimes risky as thw quality may detoriate over a period of time. Hence, piling up inventories is sometimes a problem for the organization. Inventory management Price fluctuations ( industry based factor) OPPORTUNITIES Tea is an incredibly ancient beverage. For thousands of years leaves have fallen into the cups of great rulers, philosophers and spiri tual leaders. Man has learned the way of the leaf. We have made this revered beverage a central part of almost every world culture. Can there be anything new to add? It's a question I ponder every year. And, at the beginning of every year here I sit at the computer like a cartoon figure with an angel on one shoulder and a tiny devil on the other, a victim of my own conflicting opinions. With increasing demand for tea worldwide and with innovation taking place every now and then creating new and better products SILVER STEP EXPORTS aims to achieve a high growth rate capturing new markets in DOMESTIC as well as INTERNATIONAL markets. With the ever increasing demand for tea SSE has a long way to go adding new products to its basket and creating new and bigger markets globally. SSE also has RICE AND SUGAR in its baskets which also has a very high market and potential to grow even better so SSE can also aim at exporting these products along with the excellence in tea trade. OPPORTUNITIES AT A GLANCE. : Capturing more market share. Domestic market capturing Exporting tea Exporting rice and sugar. Creating new brands. THREATS There has been a significant value erosion in the tea market, with regional players offering mediocre products at low prices or with ttractive promotions Despite the fact that tea is the most traditional and affordable beverage in India ââ¬â and probably because of as well ââ¬â it is perceived as being old fashioned and less functional than some substitute products. With increasing delicacy it is difficult to retain customers for using quality products as the duplicate products are of che aper quality and therefore are available for low prices Increasing local players. Duplicacy Cheap quality at lower prices General competition level Consumer taste and preferences. BUSINESS MODEL Marketing plan & its strategies makes product race incompetitive situation and executes brand image, which givesloyal customers to the company. It helps the product to make its independent identity offer diverse brands after taking local tastes into account. Our products vary in terms of blend, pricing and packaging formats to cater to the unique needs of each segment. â⬠strategy is to invest in long-term brand building for sustained growth. Strengthen our business in existing geographies â⬠¢ Expansion into new geographies New product development and building business in ââ¬â Black Tea ââ¬â Fruit and Herbal Infusions ââ¬â Ready to Drink Teas ââ¬â Out of home â⬠¢ Building operational capability to enable the commercial business to achieve growth â⬠¢ Management Strength Increase market share. â⬠¢ Generate brand awareness within consumer target market and business target market. â⬠¢ The road ahead promises plenty. The goal is to m ove the brand portfolio from its current 19 per cent value share to a 25 per cent value share in the medium term {draw:frame} DISTRIBUTION PLAN draw:frame} {draw:frame} COMETETIVE ANALYSIS FINANCIAL PERFORMANCE Organization has grown at a rapid pace capturing new markets in a very short span of time of its operation. *KEY SUCCESS FACTOR & strategies*. Success mantra for SILVER STEP EXPORTS lies in the : Procurement of raw materials . Suppliers Manpower No compromise on quality. Top level management of SSE allows the organization to work in the most effective and efficient manner . SSE believes in providing best value to its customer, Hence no compromise on quality. Market segmentation: ââ¬Å"It consists of a group of customer who share similar set of wants â⬠Geographically â⬠¢ South India, southeast India, southwest India, north india , J&k , Punjab and haryana Social class**: â⬠¢ Working class, middle class, upper middle class FINDINGS AND OBSERVATIONS Training was u ndergone in the field of marketing wherein a detail study of tea market was carried out as in what type of product is liked in various parts of the world. SSE has a very wide scope in the domestic as well as international market A strong hold in domestic markets like J&K , Punjab , Haryana, U. P serves SSE as a base , an opportunity to build on its market and create a name for itself by securing more customer base This is possible on through the supply chain The Super stockiest , agents, wholesalers and retailers Which has been a strength for SSE. SSE has been a market leader in flavoured tea market. KEY LEARININGS IN THE ORGANIZATION : During the course of my internship I gained a lot from the organization way of working , its mission , objectives and methods adopted to accomplish it, Some key learnings are : Brisk decision making Creating harmony among the levels of organization. Effectively control the supply chain. No company owned retail outlets. No direct reach to the consumers. CONCLUSION : The road ahead promises plenty. Tea market has a very wide potential to grow with wide variety of tea available and increasing demand of tea worldwide, Tea Trade has emerged as a new dimension of trade to the world with ever increasing rise in consumption of tea it has opened a wide new markets to explore and cater to their demand. Besides the domestic consumption a surplus is found to exist in the end which can be used to cater demand of other countries so that
Sunday, November 10, 2019
Roles of Management
Roles of management in business: Employees are the heart of any business, but management is the soul! They are the center of the operation. The role of management in business is critical to success and requires an individual who possess the following abilities. Goal setters: Whether it is completing all items on the to do list in the business planner, or scheduling the meeting with the marketing department about a promotion three months out, good managers know the importance of goal setting, and know how to get things done. Without goals, business remains stagnant and sales dwindle.With no game plan opportunities are wasted, and growth is impossible. Mangers play an important role in a business by defining objectives, setting goals and following up. Leadership abilities: Skillful leaders are always on! From a simple gesture such as greeting employees with eye contact and a smile, to more difficult maneuvers such as leading the team through achieving a difficult task, great management always understands that the workers are the most important asset to his business. Being an approachable leader is imperative to the success of a manager.When a manager is easier to approach, the business has a better chance of addressing critical issues that will influence the achievement of the goals. Leadership plays a key role in the managing of any business. Delegation skills: No one can do everything themselves nor should they ever try. Effective managers not only delegate, they know what is important to delegate and what is better left in their own hands. Some managers delegate everything and actually have little control over the operations of the business. This can lead to poor quality and sloppy ractices. Other managers are so tight with power they try and do everything alone, which is a big blunder. It undermines the staff, and sends a clear message to them not to interfere or provide input. This is missing the opportunities that can expand the business. It also goes nowhe re in developing a competent and well trained staff. Tenacity: the role of the manager is have a complete commitment to his/her business. Commitment to the goals of the organization, to the employees, customers, and also a commitment to themselves.To have a steady hand when things get tough, and the confidence to stick to the plan and follow through. When the manager takes on the role of total commitment to the business, the rest of the goals fall into place. People love success, and want to follow successful people. Confidence breeds success, and a successful manager is committed to winning. Goal setting, leadership, and dedication to the business, are all important roles a manager works on to run a successful business. Without direction and drive, businesses falter.Managers play an important role in a business because they are the goal setters, the go to person, and the steady hand, that brings success! Management is comprised of the people who lead, guide and shape an organizatio n. A formal meaning of management is described as ââ¬Å"the process of working with and through others to achieve organizational objectives in an efficient and ethical mannerâ⬠(Kreitner-Kinicki, 2006). Organizations often have different philosophical beliefs and vision, but a common trait all businesses possess is an established management framework, although these can vary in structure.Despite the varying factors of structure which may exist amongst organizations, the foundational role of management in a company bear a lot of similarities because they all have the need to be able to successfully meet their companies' objectives. Effective managers possess a unique set of problem solving tools which they keep in a ââ¬Å"managerial toolboxâ⬠. These tools are a compilation of several skills and managerial techniques used to apply in situations to help make the best decisions and fulfill their leadership role.For instance if a conflict occurs between employees or an ethica l dilemma arises, managers can dig into their proverbial toolbox and effectively use these techniques to solve the problem. These proficiencies enable managers to be able to make good choices and help a company to succeed and grow. *Traditional Managerial Roles Managers need to be able to effectively follow through on organizational mission and work hard to meet their company's objectives. As a part of this function it is important for management to coordinate organization and planning.A good manager defines strategies, goals for the company to achieve and establishes a vision and direction. An important role management must play is the decision maker. This applies to financial, budgetary, personnel, policy and security judgments. These are not always easy decisions, but they must be made and management takes on that duty. Strategic planning is an essential task and managers work to set targets and progress to make sure benchmarks are reached in a timely fashion. This planning ultim ately culminates in meeting goals (and hopefully increasing! ) profitability.While ensuring financial stability is an important component of management, profits and budgets are not the only management duties that are performed. Managerial members are also highly engaged in leading and motivating, team building, dynamics and the overall development growth of the business. A good manager realizes the value of a company's employees and leads with the intent Every business or organization requires planning, direction, organization and control for it to set off and continue to grow. It is the role of management to perform such duties for the perpetual existence and increased productivity of the organization.Management plays a crucial role in business by doing some of the following: Planning. A business must have goals and objectives, as well as the course of action that must be taken to achieve them. Management make this happen. They set goals and objectives for the business. At the same time, they plan on how they will achieve them, and offer guidelines to the rest of the team members. Organizing. Management determines the internal structure of the organization, such as assigning roles to different people in different departments.After determining the course action, management must determine what kind of management structure they need to follow. This is where they design organizational charts and assign roles to different titles or people. Staffing. Managers are tasked to recruit, hire and train people to perform various functions in the business, as laid out in the organizational structure. They also make decisions regarding how much they should pay the employees as well as their benefits, if any. Control. This is one of the major roles of management.It is necessary to set performance standards based on the established goals and objectives of the organization. This is to be used as a yard stick to measure the performance and compare it with the projected outcome. And if deviations should occur, it is management's responsibility to take necessary action. A business cannot perform without some form of control and this is where management comes in. Direction. In order for an organization to fulfill its goals and objectives, and especially in the modern era of doing business, management must influence its employees to perform to their best and more efficiently.Management is therefore important in motivating, leading, supervising teams in businesses. This is where great leadership skills become essential. Conflict resolution. Somehow related to direction, management plays an important role of resolving internal conflicts as they arise in business. Without management, there would be no one to deal with the small issues that arise in most businesses. But because managers are the focal point in the business, they are constantly working to create harmony so employees can focus on the business goals other than interpersonal issues.
Friday, November 8, 2019
Free Essays on Lost Boy
People live lives so carelessly that they forget how precious life can be. But there are some people out their that value the meaning of life because they donââ¬â¢t have one. Now you might be wondering how is it possible for someone who doesnââ¬â¢t have a life even realize life? Confusing yes but not for Dave Pelzer. Dave Pelzer has been through sick times and unimaginable horror with his biological mother. Now you must be wondering how could someoneââ¬â¢s mother do anything to her child, its not possible. In fact the question at issue is how could she even be a mother with her cruel behavior with the child? That is where I start to tell you about the book I just read called ââ¬Å"the Lost Boyâ⬠by Dave Pelzer himself. This book is the sequence to the first book, ââ¬Å"A Child called Itâ⬠. And does have a third book following this one. Dave Pelzer as a child lived in a sick environment at home and when I say sick I mean just unimaginable things he had to go through that maybe in my sense a kidnapper might not have done when he/she abducts a child. At around age 5 in the first sequence Daveââ¬â¢s mother or as he likes to refer her as ââ¬Å"The Motherâ⬠, started treating him bad by abusing him, making him wash bathrooms with hazardous chemicals, drink the chemicals, eat a babyââ¬â¢s number two from a diaper, beating him till he was knocked out, not giving him food and when he came home from school making him throw up any food he might have had from outside, and many more horrible forms of an abuse anyone might come up with. He never really lived like a normal child for instance his mother would make him sleep in the garage at nights where he would have no source of heating except his body heat and his dreams to take him away from the cruel reality he faces every millisecond of his life. The dogs were even treated better than Dave. But all of that stops when this second serial book starts. Dave is finally taken out of the hell hole he had... Free Essays on Lost Boy Free Essays on Lost Boy People live lives so carelessly that they forget how precious life can be. But there are some people out their that value the meaning of life because they donââ¬â¢t have one. Now you might be wondering how is it possible for someone who doesnââ¬â¢t have a life even realize life? Confusing yes but not for Dave Pelzer. Dave Pelzer has been through sick times and unimaginable horror with his biological mother. Now you must be wondering how could someoneââ¬â¢s mother do anything to her child, its not possible. In fact the question at issue is how could she even be a mother with her cruel behavior with the child? That is where I start to tell you about the book I just read called ââ¬Å"the Lost Boyâ⬠by Dave Pelzer himself. This book is the sequence to the first book, ââ¬Å"A Child called Itâ⬠. And does have a third book following this one. Dave Pelzer as a child lived in a sick environment at home and when I say sick I mean just unimaginable things he had to go through that maybe in my sense a kidnapper might not have done when he/she abducts a child. At around age 5 in the first sequence Daveââ¬â¢s mother or as he likes to refer her as ââ¬Å"The Motherâ⬠, started treating him bad by abusing him, making him wash bathrooms with hazardous chemicals, drink the chemicals, eat a babyââ¬â¢s number two from a diaper, beating him till he was knocked out, not giving him food and when he came home from school making him throw up any food he might have had from outside, and many more horrible forms of an abuse anyone might come up with. He never really lived like a normal child for instance his mother would make him sleep in the garage at nights where he would have no source of heating except his body heat and his dreams to take him away from the cruel reality he faces every millisecond of his life. The dogs were even treated better than Dave. But all of that stops when this second serial book starts. Dave is finally taken out of the hell hole he had...
Tuesday, November 5, 2019
Veterans Day Quotes to Moisten Every Patriots Eyes
Veterans Day Quotes to Moisten Every Patriots Eyes It takes courage for a soldier to risk life and limb for his country. The least we civilians can do is to honor these heroes. That is the basis of the Veterans Day celebration- to venerate these great men and women with words of appreciation. The edifice of our society stands on the martyrdom of these selfless souls. Here are some inspiring Veterans Day quotes. They remind the younger generation of their duty towards their country and inspire them to uphold the tradition of liberty, fraternity, and equality. Arthur Koestler The most persistent sound which reverberates through mens history is the beating of war drums. Sun Tzu Regard your soldiers as your children, and they will follow you into the deepest valleys. Look on them as your own beloved sons, and they will stand by you even unto death! Allan Keller The only war is the war you fought in. Every veteran knows that. Vijaya Lakshmi Pandit The more we sweat in peace the less we bleed in war. Publius Cornelius Tacitus In valor there is hope. James Baker If youre not gonna pull the trigger, dont point the gun. Abraham Lincoln Dont interfere with anything in the Constitution. That must be maintained, for it is the only safeguard of our liberties. Frederick the Great The most certain way of ensuring victory is to march briskly and in good order against the enemy, always endeavoring to gain ground. Francois de la Rochefoucauld Perfect valor is to behave, without witnesses, as one would act were all the world watching. Richard Watson Gilder Better than honor and glory, and Historys iron pen,Was the thought of duty done and the love of his fellow-men. Michel de Montaigne Valor is stability, not of legs and arms, but of courage and the soul. Oliver Wendell Holmes Lord, bid wars trumpet cease;Fold the whole earth in peace. Elmer Davis This nation will remain the land of the free only so long as it is the home of the brave. Thomas Dunn English But the freedom that they fought for, and the country grand they wrought for, Is their monument to-day, and for aye. Maya Angelou How important it is for us to recognize and celebrate our heroes and she-roes! Andrew Bernstein The hero is the man dedicated to the creation and/or defense of reality-conforming, life-promoting values. John Fitzgerald Kennedy As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them. Earlene Larson Jenks Have the courage to act instead of react. Sidney Sheldon My heroes are those who risk their lives every day to protect our world and make it a better place- police, firefighters, and members of our armed forces. Michel de Montaigne When our perils are past, shall our gratitude sleep? Dwight D. Eisenhower Neither a wise man nor a brave man lies down on the tracks of history to wait for the train of the future to run over him. Mark Twain In the beginning of a change, the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot. Jim Ramstad Americas veterans deserve the very best health care because theyve earned it. Ronald Reagan History teaches that war begins when governments believe the price of aggression is cheap. Steve Buyer Americas veterans embody the ideals upon which America was founded more than 229 years ago. Jennifer Granholm We cant equate spending on veterans with spending on defense. Our strength is not just in the size of our defense budget, but in the size of our hearts, in the size of our gratitude for their sacrifice. And thats not just measured in words or gestures. John Doolittle Americas Veterans have served their country with the belief that democracy and freedom are ideals to be upheld around the world. Buckminster Fuller Either war is obsolete or men are. Solomon Ortiz As a former veteran, I understand the needs of veterans, and have been clear- we will work together, stand together with the Administration, but we will also question their policies when they shortchange veterans and military retirees. Zack Wamp Thank you for the sacrifices you and your families are making. Our Vietnam Veterans have taught us that no matter what our positions may be on policy, as Americans and patriots, we must support all of our soldiers with our thoughts and our prayers. Gary Hart I think there is one higher office than president and I would call that patriot.
Sunday, November 3, 2019
Individual Project Essay Example | Topics and Well Written Essays - 3000 words
Individual Project - Essay Example It is due to the reason that the values and choices of different cultures are extensively unparallel and a single product or service with it common features are somewhat inefficient to satisfy the needs of these ethnic groups. For instance, the failure of Walt Disneyââ¬â¢s marketing strategy adapted especially focussing on the Eastern Region comprising of Mainland China and Hong Kong was due to the companyââ¬â¢s misinterpretations of the cultural diversities of these two economies. To be included, both the cultures enjoy vacations for two-three days during the Lunar New Year which was categorised as the special days by the company. In this case, the company issued large number of discount tickets to both the ethnic groups in 2006. This incidentally increased the number of eligible customers to an amount which was uncontrollable by the company and therefore headed to a dramatic failure of the companyââ¬â¢s marketing scheme (Bradsher, 2006). Apart from Walt-Disney, there are n umerous companies operating in the multicultural market which have faced various issue related to the concept of multicultural marketing. ... Critical Issues Faced by Managers Evidences reveal that marketing is not the same as it was according to the traditional notions. Today, marketing has grown to be much wider and complex in its realistic practices accumulating numerous variables ranging from the customersââ¬â¢ income level to their needs and their cultures as well. It is due to the fact, that marketing at present is all about serving the customers according to their needs and choices in order to gain a certain amount of profit and achieve the optimum organisational goal. Therefore, it is quite essential for a marketer to know the targeted market, i.e. its cultural perceptions along with the economic values. It is in this context that managers, as marketers and leaders of an organisation face certain major issues while executing their marketing strategies focussing on a multicultural paradigm (Trompenaars & Woolliams, 2004). Ethical Issues Ethical challenges are one of the major issues faced by the managers in order to serve their ultimate customer group in a multicultural market. There are various influencing factors affecting the strategic philanthropy of multicultural marketing active in the given business environment of an organisation. Notably, globalisation is one such factor influencing the strategic decisions of marketers in virtue of multicultural dimensions. For instance, the total amount of world trade was recorded to grow more than six times from 1950 to 2000. As a result, the annual outflow of FDI increased to a record height of $1.3 trillion in the year 2000. This certain fact depicts the expansion of business in global terms and its long-lasting affect on the
Friday, November 1, 2019
Explain your view of the role of television Essay
Explain your view of the role of television - Essay Example The primary purpose of television is entertainment and amusement. For many people, television replaces reading and theatre, movie and other forms of entertainment. The introduction of television into society seems to have an important effect on frequent hobbies and activities, according to research done in Great Britain in the early 1990s as television was being introduced into that country. An initial decrease in all activities, but most infrequent activities tended to "rebound" after the novelty of television wore off. Television has yet a different meaning to teenagers as its role is limited (Charlton 2001). Most adults watch television for entertainment and information -- and as a means of "unwinding" from a long day of work. The effect television has on adults is different than the effect it has on children, however, not only because they watch different kinds of programs but also because they have a different understanding of the world. Television has become our most powerful a nd pervasive mass medium. Virtually no home is without a TV, even if there is no telephone. Families watch television an average of seven hours a day. Television has rapidly permeated both our public and private spaces; as TV sets have multiplied inside the home, they have also moved into hospitals, train stations, airplanes, restaurants, and even parks and beaches. For instance, reality shows and soap operas are the main forms of home entertainment for millions of people (Signorielli & Bacue 1999). The most popular are the Castaway, Celebrity Wrestling, The Experiment, Hells Kitchen. Watching these programs, people rely on television for much of their information about the world. It has surpassed newspapers as the primary source of news for most UK viewers In national emergencies, TV is where people turn for information and reassurance. This dependency on television endows it with considerable powerââ¬âto focus national attention on a single event, to make or
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