New York Growth Essays - East Coast Of The United States

New York Growth For a number of reasons, business enterprise in New York grew by leaps and bounds between 1825 and 1860. New York's growth between the years 1825 and 1860 can be attributed to a number of factors. These include but cannot be limited to the construction of the Erie Canal, the invention of the telegraph, the developed of the railroads, the establishment of Wall Street and banking, the textile, shipping, agriculture and newpaper industries, the development of steam power and the use of iron products. On October 26, 1825 the Erie Canal was opened. The canal immediately became an important commercial route connecting the East with the Ohio and Mississippi Valleys. With tht time of travel cut to one-third and the cost of shipping freight cut to one-tenthof the previous figures, commerce via the canal soon made New York City the chief port of the Atlantic. The growing urban population and the contruction of canals, railroads and factories stimulated the demand for raw materials and food stuffs. In 1836 four-fifths of the tonnage over the Erie Canal came from western New York (North, 105). Much of this cargo was in the form of agriculture goods. The farmer become a shrewed businessaman of sorts as he tended to produce whatever products would leave him the greatest profit margin. The rise of the dairy industry was by far the most significant development in the agricultural history of the state between 1825 and 1860. Farmers discovered that cows were their most relliable money-makers, since both the domestic and foreign market kept demanding more dairy products (Ellis, 273). Price flucuations became increasingly important for the farming population between 1825 and 1860. Prices rose from the low level of the early 1820's until the middle 1830's and the farmer's shared in the general prosperity (271). Although the rapid industrialization and urbanization of New York had a great deal to do with the success of agricultural markets sporadic demand from aboard as a result of the Irish famine, the Crimean War and the repeal of the Corn Laws in England also contributed(North, 141). During this period Ohio, Pennsylvania, New York and Virginia, in that order were the leading wheat growing states. Between the years 1840 and 1850 New York ranked first in the production of beef. The absence of politic party differences on issues related to the the growth of democracy existed in regard to the foremost economic questions, there was absolutely no partisan division evident in the movement to incorporate new financial institutions; rather , the primary factors , which the legislators examined, concerned value, feasibility, profit and the location within the state. Dozens of turnpike proposals, most of which werebacked by the Republicans, passed the legislature; but the Federalists cooperated, seeing the chance for profits. Prominent Federalists like John Rutherfurd, John Neilson, William Paterson, John Bayard, and James Parker invested susstanial sums in the turnpike business. There were numerous Republicans who were also vitally interested in the turnpike business (Kass, 150). Bipartisan support also accompanied plans for the construction of bridges and canals. All of the parties contained a large number of adherents from from every level of economic well-being in society. This helps to expain the absence of any clear-cut party differences on the major economic issues of the such as the chartering of banks, the protestive tariff, internal improvements, the development of manufacturing, and the promotion of superior agricultural techniques. Each politcal faction had segments both pro and con on most of these questions, and, inall cases it was opprtunism, the desire for profits, which was decisive in determining one's political position on these economic issues(175). New York's economic growth can also be attributed to the invention of the cotton gin. Cotton had become a boom crop in the south, however, plantation owners were either too engrossed in the production of their crops or too unschooled in business techiniques to handle its distribution. Some just did not want to be bothered. This opened thee door for agents representing New York shipping firms who were only too happy to help them out - for a fee. This scheme not only earned the New York merchants a handsome profit but also solved the problem that without cotton the ship owner would be hards preesed to find adequate cargoes for their return voyages. And so it came about that New York in the nineteeth century became the nation's foremost shipper of cotton(Allen, 108-109). The cotton shipments entering New York harbor were brought to textile mills for processing. A group of New york capitalist estashlished the Harmony

Across cultures, English is the word

Across cultures, English is the word The text is responding to a situation whereby English language is facing challenges in such a way that it is not clear whether it is a global language. There are instances in the text when the author is agreeing that English language has massively evolved into a major global language (Mydans, 2007).Advertising We will write a custom essay sample on â€Å"Across cultures, English is the word† specifically for you for only $16.05 $11/page Learn More However, the author does not take a firm position on whether English language is indeed global. This paper offers a rhetorical analysis essay on why English should be regarded as global language. It is also vital to explore how the writer has managed to establish his credibility in the text. The author has established his credibility by referencing other pieces of literary works from other authors. He has not taken all the credits for himself in the various arguments presented in the paper. In addition, ther e are myriads of sources that the author has cited in the text in order to support his arguments. Use of direct quotes is also instrumental in the text because it adds value and additional credibility. It is also evident that the writer has an attitude towards the subject matter since the audience can easily identify with both the mood of the writer and the text itself. The writer’s attitude towards the subject is quite skeptic. As already mentioned in the paper, the writer has failed to take a particular standing point regarding the issue of English being a global language. It is interesting to mention that the piece of writing contains various sub-themes from other authors even though he tends to neither support nor refute the notion that English is a global language (Mydans, 2007). The author is also quite frank in his description of English as the ‘king of languages’. He attains this by citing fascinating statements from other literary sources. The text is ta rgeting a particular audience or readers. The audience can be grouped into primary and secondary. The primary audience of the text is basically learners of English language both in grammar and in literature. Since this language is being discussed as a global entity, students of English language are definitely the primary audience who are supposed to be furnished with such information.Advertising Looking for essay on languages? Let's see if we can help you! Get your first paper with 15% OFF Learn More In addition, teachers of English should also be regarded as the primary audience that are being targeted by the text bearing in mind that they are supposed to learn the language and be acquainted with it even as they teach the various versions. The secondary audiences are individuals who have great passion for English language. These are people with inner desire to learn more about English as a language especially in terms of its origin, growth as well as current and future developments. The author has built several arguments in the paper that are supposed to persuade the reader to agree with the given piece of writing. The major argument in the text revolves around whether English should be treated as global language. The author has indeed attempted to circumnavigate the argument by citing and quoting various pieces of works that have been written by other reputable authors. At the initial point, the author begins the text with an introduction and a thesis statement that highlights what is to be discussed in the paper. After the introduction, the author builds the argument by presenting his individual understanding of the subject matter before eventually going deep into the issues to be discussed. Nonetheless, there is no concluding point in the text where the author agrees to own or wind up the argument (Mydans, 2007). There are also other arguments and perspectives that the author has presented in the text. Some of the arguments include historical development of English, globalization, the influence of technology in the development of English language and the cross cultural influence of English in the world of linguistics. He has also employed pathos, logos and ethos in the text as described in the remaining section of the paper. English is one of the fastest growing languages across the world today. It has largely been boosted by the current trends in technology and globalization. The progressing dominance of this language has been discussed with cross reference to a published article by Seth Mydans. Although the author argues that English language may never become a global language, there are clear indications that it is indeed growing at a very fast rate that cannot be reversed at all. The author has also employed excellent use of pathos, ethos and logos in the piece of writing.Advertising We will write a custom essay sample on â€Å"Across cultures, English is the word† specifically for you for only $16.05 $11/page Learn More He has offered a detailed description on English language as a whole. However, the author has failed to convince the audience whether English language will ever become a global language. This is one of the glaring weaknesses in the article when rhetorical analysis is conducted. The author has also attempted to explain why English language has transited itself into the â€Å"king of languages†. He has achieved the latter by carrying out an interview with quite a number of experts in linguistics. Perhaps, this is one of the ways that the author uses to boost the credibility of his analysis (Mydans, 2007). The audiences that read newspapers such as the Tribune or New York Times are drawn from various social and economic backgrounds. Paragraphs are brief and simple to comprehend. In the case of Mydans, the author has made use of high degree of allusions, metaphors and diction. These techniques have been closely intertwined with his tory. In spite of the complexities in this piece of writing, the audience can still find it easy to read and understand. The author has used the word linguist in reference to one of the persons he interviewed when he was gathering information from the field. In order to expound the opinion of the linguist in regards to English as a global language, the author has made use of the word unequivocal. The text also contains the term vernacular. The latter word has been employed by the author in order to offer a description of various versions of English language adopted in different destinations across the globe. Some of the regions noted in the text include Papua New Guinea, Caribbean, Nigeria and Singapore. The phrase ‘kind of languages’ has been used by the author at the introductory section of the text so as to offer a glimpse preview of the arguments presented in the essay (Mydans, 2007). In conclusion, there is need for a global language since global communication is r apidly expanding (Crystal, 2003). A global language should be in a position to be understood and recognized by a large number of people. English language has been established in various parts across the globe. It is found in various forms or versions depending on the location.Advertising Looking for essay on languages? Let's see if we can help you! Get your first paper with 15% OFF Learn More References Crystal, D. (2003). English as a global language. Cambridge: Cambridge University Press. Mydans, S. (2007). Across cultures, English is the word. Retrieved from https://www.nytimes.com/2007/04/09/world/asia/09iht-englede.1.5198685.html?pagewanted=all_r=0mtrref=undefinedgwh=66C2E4BE92CCCD2EB95C45787C91D565gwt=pay

Brooklyn and The Translator

In Brooklyn and translator novels, we see many different forms of family themes. The idea of ​​going home, leaving home, returning home is a very skilled focus of this article. In addition, the concept of family means that each character has different things, and how the problems such as immigrants / immigrants, asylum and return home play a role in the story. From Irish rain to lively New York City, or western Sudan to Chad, people show nationalistic ideas and purposes of existence. If the polygon index classifies Brooklyn as city_district, addr: city = Brooklyn. Brooklyn can, of course, refer to the city (Brooklyn, Connecticut) or the community (Brooklyn, Jacksonville), and libpostal can handle that kind of disambiguation from contextual words, but it does it It should not be said that the exchange method refers to the same Brooklyn. Cities and other place names sometimes contain abbreviations as they are written, but they are not written in OSM. In large cities such as Fort Lauderdale, there are one or two addresses of addresses. City = Fort Lauderdale, but in small cities such as Fort Walton Beach this rarely happens. In the early version of libpostal, the names of the training data were randomly omitted, but at 0, we started the same thing for OSM's place name so the parser looks like Fort = Ft, Saint = You should be able to handle the most common variants. St etc. In Brooklyn and translator novels, we see many different forms of family themes. The idea of ​​going home, leaving home, returning home is a very skilled focus of this article. In addition, the concept of family means that each character has different things, and how the problems such as immigrants / immigrants, asylum and return home play a role in the story. - Getting to start using Lexus and olive trees is not only a good book's title but also a metaphor of this book. The title Lexus is a way that everyone in the world wants the best products. Just to get newer an d better products. If someone joins the parade and others want it, it will be a competition that no one notices. On the other hand, olive trees are regarded as small towns. In terms of Smith's interest, Brooklyn's A Tree Grows sold over 4,000,000 copies. It has been translated into 16 languages ​​and has become a movie. Prior to publishing the book she offered to sell it to Hollywood for $ 5,000, and was rejected. Because of its success, this movie offers a wonderful novel by A Tree Grows from Brooklyn. It associates her own childhood experience with over 4 million viewers. Enduring all the difficulties in the novel, a ruthless tree is the main symbol of Nolans and all other families suffering over time, facing money issues, immorality, responsibility and freedom . Finally Nolans crossed the trees, but the roots were permanently embedded in them.

What drives Willie Loman and sons Seeing the world through the Coursework

What drives Willie Loman and sons Seeing the world through the protagonists eyes - Coursework Example Biff considered his family and himself to be the ordinary people, which are not able to achieve the unreal dreams. Both brothers (Biff and Holly) are shown as the people, who do not wait anything special from life, though they possess different characters, as Happy is not involved greatly in the moral principles. The brothers have totally different inner worlds. The death of Willy did not change anything in the mind of his son Holly, he decided to follow his father’s steps and continue to live in the same way, making the same mistakes, while Biff saw the kind of fatuity in the death of his father. He sees it as useless as his own life and decides to live differently. The readers can understand it, when Biff says: â€Å"He had the wrong dreams. All, all, wrong!† (). Biff finds out, that during the useless rush for the unreachable dream, his father lost thousands of happy moments of the regular every day life. The theme of the play touches the questions of human self-know ledge and its importance for the life of the individual. The relationships of Biff and his father were never perfect. Biff saw his father as an example until he got disappointed in his actions and behavior. Without any idea of who he was, he tried to live the same life as his father and understood that it was the wrong one, after the numerous troubles and sorrows. He learned the sense of life through his own mistakes, though at the end of the story we cannot say that he found himself. The motivation of the play’s characters is revealed through their reaction on different events. The reaction of Holly on his father’s death gives him strength to continue his path and to show everyone that it was not in vain. Linda seeks freedom as the mean of escaping from numerous debts and achieve stability. The play possesses a deep philosophical context. The idea of â€Å"American Dream† remains the most wanted and needed among the people. The

BPPG Part I, Personal and Professional Ethics Essay

BPPG Part I, Personal and Professional Ethics - Essay Example This defines the act or process of guiding people towards a desired objective and can apply to the goal of ensuring ethics in a society. As a transformational leader, I can empower and motivate people around me to overcome challenges and to ensure ethical practices in their environments. I can empower the people, intellectually, by informing them of involved ethical issues in the business environment. I can also inform the people of possible consequences of unethical practices such as negative corporate image of an institution and possible harm to the surrounding community. Similarly, I can create awareness of possible secondary effects of unethical practices on the individuals and organizations. Such secondary effects emanate from the society. As a leader, in the approach, I can ensure that my business and related activities are ethical in order to set an example to other people for emulation. I can also advocate for my ethical policies among the people (Reilly, Sirgy and Gorman 94, 95). Consumerism is another approach that I can use to impact ethics on people around me. It refers to the act or process of safeguarding consumer’ interests and is fundamental to promoting ethics among organizations and their members. Under this strategy, I can draw the people’s attention to effects that their activities, at personal or organizational level, can have on the environment. I can also facilitate awareness of the benefits of preventing those consequences through responsible behavior. Similarly, I can research and report to the people about possible consequences of utilities from the environments and the cost of such consumptions on other people within the same environment. To those individuals who deal in production and distribution of goods, I can explain to them the categories of goods that are classified as necessities and explain the responsibility of ensuring that such commodities

Raising Minimum Wage Essay Example for Free

Raising Minimum Wage Essay Corona English 1B 04/11/13 I want to start off by telling you a little bit about Ms. Criswell she works full time, with no benefits, and she hasnt had a raise in three years. After taxes, she brings home $1,030 a month – enough, if shes careful, to meet her expenses, with little wiggle room. â€Å"What I feel, she says, is anxiety. I felt it just this morning. Its constantly in the back of my mind: Am I going to have enough to pay the bills? † She grows what food she can and buys items that can be stretched out to multiple meals. To live with the concern of whether or not she will be able to keep her home and feed herself shouldnt be an issue for anyone. They are programs to help starving children in foreign countries then maybe the government should stop and look at whats happening in America. We cant say Ms. Criswell is lazy and doesnt want to work, so how else can she bring home more income if she is limited to what is available. If minimum wage was to be increased, this would allow people to bring home more income and there are concerns and I will address them in the following. According to minimum-wage. rg, a full time minimum wage worker in California working 40 hours a week, 52 weeks a year, will earn $64. 00 per day, $320. 00 per week, and $16,640. 00 per year. The national poverty line for a family unit consisting of two people is $14,570 per year. This doesnt give much room for emergencies or health complications or even extra money to put away in a savings account, most families live paycheck to pa ycheck. With rising gas prices and rent, theres no doubt that a bigger pay check can substancially lower the risk of going bank rupt or putting the health and well being of your child in danger. Cost of living has risen since the last time minimum wage was raised and therefore calls for a raise in the near future. I agree on raising minimum wage for a few reasons. Big corporations are making an enormous amount of money, they should be able to compensate their employees at a decent rate. In California, the minimum wage is considered $8. 00 an hour but is not limited to paying a new employee under 20 a minimum wage of $4. 25 for the first 90 days, or paying a full-time high school or college students working part time to be paid $6. 80 an hour. This is completely legal and it is to the discretion of the employer to determine the final wage. With companies are making thousands of dollars you would think they would be able to compensate their employees at a higher wage. If companies could increase an employees salary, that means the employee can take home a bigger check which can turn out to be a good thing. Now more money is coming in, the more they can spend on items that will in return create more jobs to supply the increase of demanded items. Now, I know â€Å"more money means more spending† may seem like a bad thing Cost of living is an issue when the ideal living situation isn’t customized to every family More money coming into the house hold can mean money spent on items and in favor create more jobs to meet the demand. Those who oppose an increase to the minimum wage, however, argue that the effects on employment rates would be exactly the opposite of those supporters expect. A higher minimum wage, would be too heavy a burden on employers. We can see this being an issue with small business owners and those employers, in turn, would be unable to hire as many people. I understand that small business will have an issue hiring more people if the minimum wage is raised but on the other hand raising minimum wage will motivate people to go out and provide for themselves thus lowering unemployment rates. If minimum wage is applied inconsistently then it does seem unfair to a person living in a different state with a much lower minimum wage, but we also have to give account to the cost of living in that particular state. Rent, food, bills, etc. , maybe be higher or depending on what state the person resides

The Invisible Poor :: essays research papers

I believe that the wealthy Americans have moved farther away from the poor then in past generations. James Fallows in †The Invisible Poor† clearly shows how the new technology millionaires awareness of the poor has diminished greatly. I believe that this is due to several reasons the most important being the young age in which wealth and success are reached. The technology millionaires are much younger then previous generations of millionaires and thus are removed much earlier one. They find success very easy and can not see why others can’t obtain the same wealth as they have. They also limit their circle of friends to those with similar interests or backgrounds. They have limited time and only spend what free time they have (beyond family and work obligations) with those who they are comfortable with. This comfort is generated by their common threads such as education, similar employment or social activities. When the rich stay within this circle they no longer are exposed to the poor and thus they forget that they exist. When they are exposed to the poorer people it makes them uncomfortable (like when the cleaning lady was around) instead of dealing with it or helping they choose to avoid the situation. Figuring if you avoid it then you’re not admitting that it exists, thus not having to deal with them. I believe that since the article was written times have changed somewhat with the collapse of the stock market in a sense. Many people losing their jobs in the high tech world may bring some of them back to reality and acknowledge those less fortunate. They are now looking for jobs and finding that their skills were limited to the high tech industry. Many are now taking lower paying jobs to get by. They have discovered that the wealth of stock options are now worth allot less. Making many of them near poverty themselves.

How the Writers Shape or Craft Each Text to Meet the Expectations

Examine how the writers shape or craft each text to meet the expectations of their respective audience, purpose and context Excerpt from Weblog and extract from Vernon God Little by DCB Pierre Text B is in the form of a blog, which is an online diary updated regularly by its author. Text C is an extract from the novel Vernon God Little by DCB Pierre. Both authors target a young adult audience through use of a casual tone to engage the reader and gain empathetic response. The weblog writer uses colloquialisms such as ‘gutted’, and elision; ‘Whatcha’DCB Pierre engages a young audience through use of a teenage protagonist. The weblog starts in medea res with use of the discourse marker ‘So after another†¦ ’ creating an informal ambience. This also suggests that the audience are regular readers of this particular blog, as they are expected to understand what the conversation is referring back to. The writer uses contractions; ‘Isn’ t’ which reassures the informal tone. A similar tone is used in Vernon God Little, as the protagonist directly addresses the reader throughout; ‘You’d remember Clarence somebody’. nd uses the present tense to further engage the reader; ‘I sit waiting†¦ ’ The weblog writer uses parenthesis to convey to the reader a further thought on the previous statement; ‘On the plus side (a very small plus size)’ This further engages the reader and makes them feel as though they are directly involved with the writer. The main purpose of both texts is to entertain, however both also inform the reader of the protagonist’s current situation; the weblog writer has just received news informing them that they have not been successful in a job application.JCB Pierre’s protagonist is currently in prison; ‘I sit waiting between shafts of light from a row of doorways†¦ looks like I’m the only one they rounded up so fa r’ This suggests that perhaps the protagonist is innocent, or there were more people involved in the crime as he is evidently waiting for them to be arrested. The context of the weblog is that the writer has recently received a job rejection and is reaching out to his readers to gain perhaps sympathy and empathy from them.The writer uses language such as; ‘Back at square one’ Emphasising to the reader that they are disheartened by the rejection. The simile, ‘Like a punch in the stomach’ reiterates the sadness the writer is feeling and the intention was to possibly gain a sympathetic response from readers to help him feel better about himself. The context of the novel extract is that a fifteen year old Texan boy (the protagonist) has been arrested and is recalling a man who was previously arrested for a similar crime.It contains slight sarcasm or black humour, as the protagonist mentions the news coverage of the man mentioned previously, lacking any d etails of the crime he committed; ‘The news said how little he cares about the effects of his crimes. By ‘effects’ I think they meant axe-wounds. ’ This sarcastic humour entertains the reader whilst informing them of events prior to the arrest of the main voice in this story. The narrator’s final sentence is almost foreboding, as he states; ‘They sentenced him to death. ’

Adaptation Mcdonalds

McDonald's Going International International Marketing Mag. K. Roth Group 2 Florian Antos Vladimir Slon Christoph Gluszko 1 Christian Schromm ALL YOU WANTED TO KNOW ABOUT McDonald's 2 History †¢ McDonald's Corporation – is the world's largest chain of fastfood restaurants, primarily selling hamburgers, chicken, French fries, milkshakes and soft drinks. More recently, it also offers salads, fruit and carrot sticks. The business began in 1940, with a restaurant opened by Dick and Mac McDonald in San Bernardino, California.Their introduction of the â€Å"Speedee Service System† in 1948 established the principles of the modern fast-food restaurant. The present corporation dates its founding to the opening of a franchised restaurant by Ray Kroc, in Illinois on April 15, 1955, the ninth McDonald's restaurant overall. Kroc later purchased the McDonald brothers' equity in the company and led its worldwide expansion. 3 †¢ †¢ †¢ †¢ What are the advantages and disadvantages of adaptation strategy used by McDonald’s? 4 1.Advantages and Disadvantages of adaptation strategy Advantages: †¢ Different cultures have different consumer needs and tastes †¢ Political and legal environment of the international market that they plan to enter †¢ Differences among nations in terms of cultures, religious believes, political and legal systems, customer values and lifestyles, and stages of economic and market development †¢ Differences in the advancement of technology †¢ Competition plays a major role in determining if a company will adopt a product adaptation scheme 1. Advantages and Disadvantages of adaptation strategy Disadvantages: †¢ The costs associated with adaptation can also play a major role in determining whether or not a firm chooses to standardize their product 6 1. Advantages and Disadvantages of adaptation strategy †¢ †¢ †¢ Cross any boarder and you will find multiple variations from price to product, starting with the presentation. Misconception that McDonalds is the same everywhere.Country teams have considerable autonomy to develop and market new product lines. Menu differences: Netherlands and Austria– Beer Germany – Chinese Week Canada – Mc Pizza India – Goat and lamb burgers half of menu vegetarian Japan – ingredients such as cabbage and Teriyaki USA – Barbecue bacon Burgers, sausage breakfast burritos 7 Are there examples of truly global brands that never customized? 8 Are there examples of truly global brands that never customized?Truly global Brands : †¢ In general we can say that straight extension (=standardization) has been implemented and already been successful with cameras, consumer electronics, and many machine tools. Stihl ( machinery and chainsaw producer) Nikon Olympus, Canon ( camera producers) Kitchen Aid (consumer electronics ) Caterpillar (trucks, bulldozers) †¢ †¢ †¢ †¢ 9 What have been the key factors that have led to McDonald’s global success? 10 2. What have been the key factors that have led McDonalds to global success? †¢ †¢ †¢ Fast service enabled by a limited menu, focus on cleanliness, family friendly facilities, good value for money Emergence of cash-rich, time-poor lifestyle Societal acceptance of a more casual approach to eating on the run underscored the emergence of McDonalds Innovations in food preparation technology and service delivery providing a fast- service format that customers appreciate as well as a cost base that competitors found hard to match Waiter labor cost savings passed on directly to the consumers through lower prices McDonalds was the leader to introduce franchising in the global marketplace, augmenting the organic restaurant growth by harnessing the management, cultural and entrepreneurial capabilities and capital of local businesspeople around the world.Expanding across the globe Increasing res taurant penetration in already existing markets †¢ †¢ †¢ 11 2. What have been the key factors that have led McDonalds to global success? Key Faktors: †¢ †¢ †¢ †¢ †¢ †¢ Economies of scale in production and distribution Power and scope Brand image was country suited Ability to leverage ideas quickly and efficiently Uniformity of marketing practices Pervasiveness of McDonalds brand 12 2. What have been the key factors that have led McDonalds to global success? †¢ †¢ †¢ †¢ †¢ McDonald's is seen as the number one representative of the all American lifestyle, which at the time when the expansion began was very popular. In some countries it is still a status symbol to go and have a meal at McDonald's.Generally the cooperation is at pains to offer a selection of standardized core products ( Big Mac, Soft drinks, French Fries) in addition to locally accepted alternatives. Giving the multinational cooperation a local Face ( thinking of Salzburg's restaurant) In order to use synergies on the one hand and reduce national competences on the other a supranational administrative department had been set up in Europe. McDonald's. has always been supported by US foreign policy Sources : http://de. wikipedia. org/wiki/McDonald’s; Kotler/Keller Marketing Management 13 What are the risks and benefits of choosing the franchising system for franchisor? 14 3. Risks and Benefits of franchise system Benefits for franchisor: The franchisor profits from the strongly motivated franchisee as a self-dependent entrepreneur †¢ The franchising as a way to overcome the resource scarcity through the direct market access †¢ The ability to overcome the high costs of arranging the new distribution network through using the well tailored network of franchisor †¢ Low capital investments for the product placement and region marketing through the franchisee †¢ The benefits from using a recognized brand name and trade marks through the reputation of the franchisor †¢ Extended expansion possibility through franchising 15 3. Risks and Benefits of franchise system Risks for franchisor: †¢ The existence of multiple, geographically dispersed owner-managers makes the control difficult †¢ Possible high costs of training development, promotional and support activities of franchisee †¢ Service delivery may be inconsistent because of geographically dispersed franchisees 16 What are the key issues by setting up a McDonald’s Franchisee? 17 4. Risks and Benefits of franchise system Benefits for the franchisee: †¢ Your business is based on a proven idea.You can check how successful other franchises are before committing yourself. †¢ You can use a recognized brand name and trade marks. You benefit from any advertising or promotion by the owner of the franchise – the â€Å"franchisor†. †¢ The franchisor gives you support – usually including training, help setting up the business, a manual telling you how to run the business and ongoing advice. †¢ Financing the business may be easier. Banks are sometimes more likely to lend money to buy a franchise with a good reputation. †¢ Risk is reduced and is shared by the franchisor. †¢ If you have an existing customer base you will not have to invest time looking to set one up. Relationships with suppliers have already been established. †¢ The ability to overcome the resource constrains. 18 4. Risks and Benefits of franchise system Risks for franchisee: †¢ Costs may be higher than you expect. As well as the initial costs of buying the franchise, you pay continuing royalties and you may have to agree to buy products from the franchisor. †¢ The franchise agreement usually includes restrictions on how you run the business. You might not be able to make changes to suit your local market. †¢ The franchisor might go out of business, or change the way they do things. †¢ Other franchisees could give the brand a bad reputation. You may find it difficult to sell your franchise – you can only sell it to someone approved by the franchisor. 19 4. Costs and Restrictions Costs: Financial Requirements/Down Payment : Initial down payment for opening (40% of the total cost) or an existing restaurant (25% of the total cost) about 200. 000 $ nonborrowed resources Financing: McDonald’s does not offer financing; McDonald’s Owner/Operators enjoy the benefits of our established relationships with many national lending institutions 20 4. Costs and Restrictions Restrictions: During the term of the franchise, you pay McDonald’s the following fees: †¢ Service fee: a monthly fee based upon the restaurant’s sales performance (currently a service fee of 4. 0% of monthly sales). Rent: a monthly based rent or percentage rent that is a percentage of monthly sales. †¢ Application: Personal, non-borrowed res ources to be invested in a McDonald's restaurant business. †¢ Business experience in the market where they are seeking a franchise 21 What strategy would you adopt to ensure a great exposure for McDonald’s to a growing trend towards healthier eating? 22 5. Healthier eating at McDonald’s Currently: †¢ †¢ Low fat products in UK outlet Canadian light choices of Menu with a Soya bean McVeggie Burger, salads with a fat free dressing and a granola topped fruit yoghurt On packaging calorie and fat content information for the first time as it tries to counter the obesity lobby †¢ 23 5.Healthier eating at McDonald’s Future perspectives: †¢ †¢ †¢ †¢ †¢ †¢ Using biologically grown resources Fat reduced meals Healthier ways of processing the food (eg. : don’t fry chips but bake them, less white bread burgers, regular vegetarian dishes,) Healthy, freshly squeezed Mc Shakes etc. Healthier Drinks not only Sodas To ensure high-quality, fresh ingredients, farms are set up in order to supply restaurants 24 Sources: †¢ †¢ †¢ †¢ †¢ www. McDonalds. com www. freeforessays. com/show_essay/55461. html D. Jobber â€Å"Principles and Practice of Marketing† Sources : http://de. wikipedia. org/wiki/McDonald’s Kotler/Keller Marketing Management 25 THANK YOU FOR YOUR ATTENTION 26

Propaganda in totalitarian regimes. essays

Propaganda in totalitarian regimes. essays The rise of totalitarianism, to some historians, was a logical process, but still has caused much discussion over the years. Many prominent dictators had fulfilled the yardsticks of totalitarianism to a large extent and one of these yardsticks is the use of propaganda. As for many of the yardsticks, there are a number of pertinent reasons that make propaganda such a prominent feature of totalitarian regimes. One important reason would be the fact that propaganda helped many achievements to actually come about. Many achievements of totalitarian regimes were actually more propaganda than reality and therefore it was this propaganda that allowed dictators to attain mass support. In Germany for example, the Nazis had failed to give to the masses a truly efficient government in reality. The Third Reich was a polycracy that had an inefficient system. Historians have also said that Hitlers own personality and attitude towards administration were conducive for strong and effective leadership of government. Therefore, the para-military drills and the marches that was put on display for the masses to watch and digest were necessary to keep up the facade that Nazi government was capable and efficient. Hitler was also unable to solve Germanys economic problems. Though since 1932 there was a rise in wages, a reduction in unemployment, an increase in food consumption by one-sixth and a growth in th e turnover of clothing by a quarter and household goods by a half, the German consumer demand did not keep up with those in Britain and the United States. Also autarky was never successful. For example, synthetic petrol covered 18% of Germanys needs and it was still necessary to import one-third of all the raw materials needed by industry. Therefore propaganda was necessary for the Nazis to ensure that the people of Germany still believed that the economy was propelling forward. For example the public denunciation of the Jews and t...

Mergers and Acquisitions Research Paper Example | Topics and Well Written Essays - 2000 words

Mergers and Acquisitions - Research Paper Example Over the ensuing months, Omnicare proposed a number of transactions involving the sale of NCS’s assets under bankruptcy that would not include paying off a majority of NCS’s debt. Moreover, Omnicare’s proposal did not include relief for NCS’s stockholders. Genesis was approached by the committee formed by the subordinated note holders in early 2002 and Genesis offered a deal aside from the bankruptcy that included a discharge of NCS’s senior debts and a payment to NCS’s stockholders of approximately US$24 million. Genesis’s offer had a number of exclusive arrangements and all indications were that any deal would have to be â€Å"locked up† so that a higher bid would not prevail (Omnicare, Inc. v. NCS Healthcare, Inc.818 A.2d 914 (Del. 2003)). When Omnicare became aware of Genesis’s offer, Omnicare improved its offer and withdrew the initial requirement for bankruptcy and also offered to discharge NCS’s debts and sh areholder payments. NCS responded by using Omnicare’s offer to get Genesis to improve its offer. This tactic worked as Genesis improved its offer, but demanded that the offer be approved within 24 hours otherwise it would be withdrawn. NCS’s board of directors recommended accepting Genesis’s offer and just before a shareholders’ meeting to accept the offer by Genesis, Omnicare improved its bid so that its offer exceeded the offer made by Genesis. The merger arrangement however did not make provision for an out, the NCS/Genesis merger was locked in. As a result, Omnicare the minority shareholders of NCS took the matter to court with a view to enjoining the NCS/Genesis merger. Legal Issues: The primary legal issue was the validity and enforceability of a lock-in or no shop clause in a merger and acquisition agreement. The question for the court was whether or not a no shop agreement could be enforced so that NCS could not consider the offers and bids for me rger by Omnicare. It has been previously held in some jurisdictions in the US that a no shop clause was valid when it allowed a board to legally bind the organization to a merger arrangement so that it may not negotiate or accept an offer from another organization until such time as the shareholders considered the original offer (Jewel Cos., Inc. v. Pay Less Drug Stores Northwest, Inc.; 741 F.2d 1555 (9th Cir. 1994)). The Delaware Supreme court however, considered the no shop clause in light of the fiduciary duty of the board of directors to obtain the best deal possible and to re-evaluate its decisions. In this regard, the main legal issue for the Delaware Supreme court was not so much a no shop clause, but the significance of a fiduciary out clause in negotiating mergers and acquisitions. Court Holding; Consequence; Damages; Who Won and Who Lost: The Chancery Court of Delaware declined the application by NCS’s minority shareholders and Omnicare to enjoin the merger by NCS a nd Genesis. The Chancery Court held that the business judgment rule functioned to prevent indiscriminate challenging of board of directors’ decisions. There is a general presumption that directors act in good faith and are well-informed when making a decision and do so in the best interest of the company. Any party who alleges otherwise must prove that the presumption cannot be made. The Chancery Court of Delaware also ruled that the no shop clause was consistent with the law of Delaware although it could be scrutinized by the judiciary. Such scrutiny will usually only occur when the board has taken defensive action in

Outsourcing - Joint venture, Nearshore, back source and switch vendor Essay

Outsourcing - Joint venture, Nearshore, back source and switch vendor - Essay Example In fact, Whitten and Leidner point out that outsourcing can determine the â€Å"product quality, service quality, relationship quality and the switching costs† of a company’s products (2006). As such, outsourcing is generally an important strategy that can determine the success of an organization. Essentially, due to the development or organizational skills and technological developments, the competition among organizations has increased significantly. To avoid losses, many companies have opted to enter in to contracts and partnerships through the act of outsourcing. Generally, to enter these contracts, there are various costs that each organization has to cater for. These costs generally arise due to the payments made in respect to offshore government policies, agreements and negotiations as well as legal aspect matters among others. Notably important, in many instances, the costs of the partnership contract will be lower in huge and established corporations such as GlobShop, and higher in smaller organizations. Generally speaking, established organizations such as GlobShop are usually offered better investment programs and incentives as compared to the less established ones. Equally important, the monitoring and evaluation of performance in any organization helps in the acknowledgement of ambiguities that may lead to failure of the outsourcing. To ensure that an outsourcing venture is successful, organizations should consistently conduct meetings to discuss and review the set goals and targets. These meetings will also ensure that the organizations keep a consistent work towards attaining specific objectives thus enabling employees and managers to consistently keep track of their performance. Furthermore, joint venture outsourcing enables the organizations under partnership to increase returns and reduce costs significantly. However, lack of