Business Plan Essay Example | Topics and Well Written Essays - 1250 words - 1

Business Plan - Essay Example The business is expected to utilise technology as a driving force in the future development of its operations. Introduction Mini’s is a start-up bakery business that seeks to provide some of the most demanded bakery products in Chelsea. The business establishment is expected to attract the attention of the local customers through the provision of quality cupcakes and scones. The bakery is driven by the need to provide quality products and it is aspired that a strong market position will be built in the first six months of operations. It is expected that such position will be facilitated by the wide experience of the proprietor in this business and the seemingly low competition in the area. As such, Mini’s Bakery seeks to offer its products at the most competitive prices in the industry and will target both the low and middle income earners as well as tourists. The business The business will be established as a sole proprietorship with the owner having responsibility for operations with the assistance of employees. The sole proprietor has wide experience in both business management and bakery affairs and is therefore well suited to manage the affairs of the business as it seeks to establish a strong presence in the area. For a start, the proprietor will hire three full time bakers who are well versed in all types of breads and cakes in addition to seven other staff who shall handle the other operations within the business. The products to be offered will initially comprise of cupcakes and scones but new products will gradually be added to the line in response to market demand. In order to increase its turnover, the business will engage in both wholesale and retail business and will therefore sell directly to the consumers in addition to other retailers. The keys to a successful operation are quality products and competitive pricing (Finell, 2007, pp.45). Market The market for bakery products is booming in the Chelsea area. Across the country, the m arket for scones and other types of cakes has been increasing steadily, thus providing the perfect opportunity for the business to grow its market share effectively. The increased demand for these products has been necessitated by an increase in the consumption of hot beverages. The focus of Mini’s bakery is to establish a large customer base which will ensure its success. In this regard, an effective marketing campaign will be launched in the area in order to make the residents acquainted with our products (Park, 2006, pp.23). The residents in the locality will be the initial target market. In any case, the major focus of the proprietor is to establish a steady source of revenue for the business in order to ensure its stability. The area is normally frequented by tourists and it is expected that revenue from tourists will comprise approximately 30% of total revenue. Success is dependent on the production of quality products accompanied by good hospitality (Brown, 2004, pp.56 -7). Financial consideration A total of ?200, 000 will be needed for the start-up operations of which ?160,000 will come from the personal savings of the sole proprietor. The rest of the capital will be borrowed from the bank and is payable over a five year period. It is hoped that this money will be sufficient to buy the initial machinery and equipment as well as provide working capital. It is anticipated

The Youngs modulus of the copper wire Essay Example for Free

The Youngs modulus of the copper wire Essay Therefore, having done the preliminary, I think that my predictions lie on the correct lines. It is best to use a thin wire, because a thick wire would not stretch as much for the same force, but I have to consider safety, because the wire snaps and because it is under tension, it whips back and can cause some damage if the student falls in contact with it. Therefore, under these circumstances, it is necessary to wear safety goggles. If we are using a thick wire, you will find that we will be adding a large load. If the wire snaps, the same hazards would take place as mentioned above but, the weight dropping to the floor will cause damage to the toes etc, if the weight falls on the foot, so keep a safe distance as soon as the extra load is added. DO NOT ADD THE WEIGHTS QUICKLY AS THE WIRE IS SENSITIVE WHEN THERE IS ALREADY A LARGE FORCE APPLIED ON IT. The vernier scale is sensitive, so we have to pay particular attention to how much force we apply, because the maximum extension, which can be read, depends on the size of the scale. Due to the increase in the average cross-sectional area, which affects the extension in the wire, we need to increase the accuracy of the readings by taking repeats, using different wire of the same diameter, and again take measurements of the diameter, with use of the micrometer. This increases the reliability of the results and hence the Youngs modulus of the copper wire. The vernier scale method is much more accurate than the clamp and pulley method, which could have been used as well, but as we are aiming for accuracy it is best to use the vernier scale method. The experiment is to be conducted under room temperature, because the temperature of the wire whether cold or hot reduces the accuracy of the results, the wire stretches more under warm conditions because the wire is less stiff than if it was in cold or even room temperature of 23 oC. I will have to take account of possible errors, such as the zero error in equipment, and other random and systematic errors, which can occur. I will try to avoid making the parallax errors, (the error which occurs when the eye is not placed directly opposite a scale when a reading is being taken). This can be made on reading off a ruler. The reading errors (the error due to the guess work involved in taking a reading from a scale when reading lies between the scale divisions, and the zero error (the error which occurs when a measuring instrument does not indicate zero when it should), which can be possible on the vernier scale. If the zero error happens, then I will adjust the instrument to read zero or the inaccurate zero reading should be taken and should be added or subtracted from any other reading taken. Sometimes the metre rules have worn edges and so I will measure from 10cm instead of 0cm. As the wire is stretched, the diameter of the copper wire decreases, we get plastic deformation before it snaps, for example if we look at a copper rod as a large scale to the thin wire you can see from the below that the copper rod necked before it broke. This happens because metals like copper, (above) are ductile- they can have large plastic deformations without fracturing. It happens because atoms move, as the plastic deformation in the crystal structure move, to place of lower stress. The copper becomes thinner when atoms move away from the stressed part. The stress then increases because the cross-sectional area is now decreased. This increases the ductile flow and so the metal yields and gets thinner and thinner. Once plastic deformation starts, atoms will continue to flow without any increase in stress. This stretching under a constant load is called creep. The thinning of a wire/rod is called necking. There is also the problem that the kg masses may not weigh the given value, there is a small chance that this would be inaccurate, the only way to find out is by weighing the mass using a electronic scale, which is accurate to 0. 001g. Bibliography Physics For You By Keith Johnson Dictionary of Science By C. Stockley Simmone Hewett C. Oxlade Sue Holt J. Weitheim John Miller Physics 1 By David Sang Keith Gibbs Robert Hutchings Science Desk Reference By Patricia barnes-Svarney www. s-cool. co. uk www. allmeasures. com Encarta 2002 AS Physics Assessed Practical (Skill P) Elasticity of a Copper wire By Priyesh Patel 12O 1 Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Electricity and Magnetism section.

Essay example --

The NFL contract was pretty reasonable but indeed long. It states various considerations of promises for each party before a signing shall take place. It is enforceable because it states promises, valuable consideration, and offer and acceptance. As a member, you must meet all promises stated on contract. Your responsibilities are such things as obeying rules, maintaining performance/skills, and maintain physical conditions. Also, some damages/liabilities could be injury, deductions and termination. I felt that the contract states possible damages clearly to all parties. If these were not states clearly, and agreement between the two parties would not have been reached. Breach of contract can be defined as a broken contract, stemming from failure to fulfill any term of a contract without a justifiable, lawful excuse. A possible breach can result in a possible law suit or even a termination. That is why it is important for both parties to understand all promises and to reach an understandable agreement between the two parties. Contract breaches have a bad impact on small busi...

Analysis of the Demand for a M&S Simply Food Convenience Store

INTRODUCTION In this report we assess whether an M&S Simply Food convenience store would be profitable when located in Complex Desjardins, Montreal. In the U. K. Simply Food possess a strong brand image and wide-variety of products that emphasize quality. Although considered more expensive than competing stores To see if the chain will have the same level of success in Montreal, we first analyzed the fundamentals and competitive landscape of the industry. Once a gap in the market was identified, we used quantitative research practices to examine each of the marketing mix factors involved in establishing the store.Our findings will indicate whether the location and consumer pool under consideration will RESEARCH OBJECTIVES * Identify the M&S Simply Food products and services, and the factors that drive the chain’s success in the U. K. * Analyze the market fundamentals of the convenience store sector in Montreal, and identify whether a market gap for quality, high-end stores suc h as M&S Simply food exists * Assess whether M&S Simply Food will be profitable in Complex Desjardins based on the following factor: (i) Location (ii) Consumer Demographic (iii) Consumer Preferences (iv) Competition & Pricing Propose key operating and marketing strategies to ensure the success of M&S Simply food in Complex Desjardins. METHODOLOGY Industry Knowledge Exploratory research was employed to gain understanding of the U. K. convenience market and lean how the M&S Simply Food chain is positioned. This involved a review of studies and data made available by leading international research institutions, as well as informal discussions with consumers who previously lived in London and are familiar with the brand. We applied the same methodologies when conducting a similar analysis of the Montreal convenience market.In this stage of our research we were able to apply more formal approaches, such as conducting in-depth interviews with store managers. After all the necessary inform ation was acquired, a qualitative comparison of the industries was made to determine whether opportunities existed for M&S Simply Food in Montreal and whether a repositioning of products would be needed. Target Market From our previous analysis we establish a target market: consumers at the Complex Desjardins. This location is one of the main attractions in Montreal, at a vast 4 million square feet.Roughly 30,000 people come to the complex and its surroundings daily to work, shop, eat and/or enjoy the activities surrounding the Central Square. The Central Square inside the building has a surface of 15,000 square feet and is surrounded by a commercial gallery of 100 stores and restaurants. Thus, this location was chosen because of its notoriety and large exposure to residents and tourists. Survey and Sample Size To determine whether consumers at Complex Desjardins would be willing to purchase M&S Simple Food products we conducted an anonymous survey on food services within the comple x.The survey was a questionnaire made up variety of formats designed to draw out information about the location, demographic, consumer preferences, surrounding competition, pricing comparisons and consumers’ willingness to pay. Interviews were conducted at the Complex Desjardins, as well as within a 500m radius of its surroundings which comprised of Complexe Guy-Favreau, Bleury Street, Place Des Arts and Boulevard Saint-Laurent. We classified qualified respondents as consumers that came through the complex at least 3 times a week.In total, we interviewed 96 people, considering a variability of 50% and a 10% acceptable sampling error at 95% level of confidence. Assuming the total population under observation here is 30,000, it is evident that a 5% confidence interval is well above 96. Thus, no more readjustments are needed due to small sampling size. FINDINGS Convenience Market (1) U. K. Industry The U. K. convenience store market was valued at ? 30. 9 billion in the 12 months to April 2010, representing a 6. 3% increase on the previous year. The value of the market continued to grow despite a 0. 5% in store numbers. With he total U. K. Food and Grocery market expanding at a slower rate of 4. 1% in the same period, it is evident that the convenience sector is accelerating at a faster pace than the overall market. Thus, its market share has risen to 20. 5%. The factors driving the sector are the rising number of single person households, a growing population, increasing number of women in the work place and longer working weeks. The sector is also propelled forward by improved operational standards, greater awareness of shopper trends and more modern, tailored convenience solutions. (2) M&S Simply Food PositioningThe convenience sector is highly fragmented, with store operators divided into the following segments: co-operative, forecourts, multiples, symbols & franchise, and non-affiliated independents. M&S Simply Food is part of the franchise segment, wh ich recorded the fastest growth in the previous year. This expansion was driven by additional stores, increased promotional activity and improved value for money. M&S Simply Food specializes in selling ready-made meals: salads, sandwiches, desserts, snacks, and microwavable dishes. The self-service store also sells fresh produce, possessing wide selection of fruit and vegetables.Being high-end oriented, the franchise targets working professionals not only looking for a fast, healthy meal, but also willing and able to pay an additional expense for high quality food. For the added premium, customers have access to more adventurous recipes, better packaging and fresher ingredients. These value –added services, alongside the modern layout of the stores, give the brand a competitive edge in the market and allow it to capture a significant share of consumers. A negative sentiment expressed by consumers was attributed to the experience of purchasing at M&S Simply Food stores.Due to brand’s high popularity, long queues often form inhibiting browsing by other potential customers and causing feeling of frustrations by professionals that are time-sensitive. (3) Montreal Industry The convenience sector in Montreal is made of Canadian chains and independents. Family-run depanneurs cater to local neighborhoods and immigrant populations, offering specialty foods and discount long-distance calling cards alongside the usual convenience-store fare. Others offer a wider variety of services such as Canada Post, Western Union transfers, Internet access, and home-delivery of groceries.However, the market is dominated by a large Canadian chain known as Couch-Tard Inc. The chain offers a quality assortment of freshly brewed coffee, frozen/iced beverages, fresh sandwiches and other fresh food items that are marked under proprietary brands. Arguing that most convenience stores are too cluttered, the Couche-Tard company introduced a new concept called â€Å"Store 2000â₠¬ . These stores have wider layouts, brighter lighting, modern decor and often have Quick-Service Restaurants (QSR) located within them. The new concept was a success and the results were integrated into upgrades for all stores. 4) M&S Simply Food Expanding to Montreal It is evident from our research that the U. K. has a more diverse group of convenience stores with different positioning catering to all consumer income brackets. However, in Montreal we see that Couche-Tard owns the majority of the market and is designed to target the average consumer, thereby not competing with deppaneurs immigrant pool. This also illustrates a gap in the Montreal convenience market: value-added stores aimed at consumers from a higher income bracket. M&S Simply Food’s positioning in U. K. onvenience markets makes it an ideal candidate. Survey Results (1) Location The statistical analysis of the questionnaire revealed that over 85% of the respondents visited the Complex Desjardins and its sur rounding area at least 3 times a week. In Table below it is evident that the number of times a week respondents enjoy meals at the complex is greater in frequency towards higher values, with the overall average at 2. 7 times. This illustrates that the location receives a great deal of foot traffic, and is a popular food services venue. Table 1: How Often Consumers Eat at Complex Desjardins   | Frequency| Percent| Valid Percent| Cumulative Percent| Valid| Never| 2| 2. 1| 2. 7| 2. 7| | Once a month| 2| 2. 1| 2. 7| 5. 4| | Biweekly| 4| 4. 3| 5. 4| 10. 8| | Once a week| 7| 7. 4| 9. 5| 20. 3| | Twice a week| 13| 13. 8| 17. 6| 37. 8| | Three times a week| 20| 21. 3| 27| 64. 9| | Four times a week| 16| 17| 21. 6| 86. 5| | Five times a week| 10| 10. 6| 13. 5| 100| | Total| 74| 78. 7| 100|   | Missing| System| 20| 21. 3|   |   | Total| 94| 100|   |   | Furthermore, findings indicate that respondents favor particular designated areas within the complex and its surroundings when ea ting.With response rates of 38% and 34% respectively, the most popular areas are the food court and restaurants/cafes on the adjacent Saint-Catherine Streets. Diagram 1: Preferred Food Locations (2) Consumer Demographic In Table 2 we see the sample size under consideration reflects the social demographic profile of the area: professionals, local residents or students studying nearby. There is a fairly even distribution between male and female respondents, with males slightly ahead at 51%, conveying that the area equally attracts both sexes. Table 2:Social Demographic Profile of Complex Desjardins Based on Sample Statistics| |   | I work at or close to Complexe Desjardins| I live at or close to Complexe Deskardins| I study at or close to Complexe Desjardins| None of the above| N| Valid| 36| 28| 21| 3| | Missing| 58| 66| 73| 91| | Mean| 1| 1| 1| 1| | Median| 1| 1| 1| 1| | Mode| 1| 1| 1| 1| |   |   |   |   |   | I work at or close to Complex Desjardins| |   | Frequency| P ercent| Valid Percent| Cumulative Percent| Valid| Yes| 36| 38. 3| 100| 100| Missing| System| 58| 61. 7|   |   | Total| 94| 100|   |   |I live at or close to Complex Desjardins| |   | Frequency| Percent| Valid Percent| Cumulative Percent| Valid| Yes| 28| 29. 8| 100| 100| Missing| System| 66| 70. 2|   |   | Total| 94| 100|   |   | I study at or close to Complex Desjardins| |   | Frequency| Percent| Valid Percent| Cumulative Percent| Valid| Yes| 21| 22. 3| 100| 100| Missing| System| 73| 77. 7|   |   | Total| 94| 100|   |   | None of the above| |   | Frequency| Percent| Valid Percent| Cumulative Percent| Valid| Yes| 3| 3. 2| 100| 100| Missing| System| 91| 96. 8|   |   | Total| 94| 100|   |   | |   |   |   |   |   |Consumers in the area tend to be well educated, with 63% of respondents having completed a college degree. This, alongside results that show 41% of respondents are between the ages18-24, indicates that complex attracts a great de al of young professionals. However, Diagram 2 below also illustrates that another 48% of respondents are between the ages of 25-40. Furthermore, the average household is occupied by 2. 8 residents and generates roughly CAN37,600 a year. These findings highlight another consumer profile, that of local residents; classifying them as small family units in the middle-to-high income bracket.Thus, our findings conclude that the consumer pool at Complex Diagram 2: Income levels (3) Consumer Preferences Our statistical analysis of the questionnaire revealed that the consumer preferences of the sample pool are aligned with M&S Simply Food’s products and services. Roughly 61% of respondents stated that they would purchase food from a convenience store specializing in quality. Their main justifications for purchase included the reliability of quality food, the convenience of ready-made meals, the ability to enjoy restaurant quality food at lower prices, and the chance to maintain a heal thy diet.Furthermore, the study revealed that when faced between the choices of picking up their own food or having it served to them, respondents were equally divided. These factors encompass the overall message, products and services of M&S Simply Food value-added services. Table 3 analyzes the relationship between price and healthiness of food in terms of their importance to the end consumer. The cross tabulation clearly reflects the two variables are integral in the decision making process of the consumer: the more emphasis placed on the healthiness of food, the more significant pricing becomes.We can also conclude from the chi squared test that the relationship between the two variables is statistically significant. Unfortunately, our findings proved inconclusive when determining whether consumers would be willing to pay more for healthier, higher quality food. This limitation was due to the lack of responses to the particular question in the survey. Table 3: Relationship Betwe en Price and Health in Consumer’s Decision-Making Process Healthy food on the menu * Price Cross Tabulation| Count|   |   |   |   |   |   |   |   |   |   |   |   |   | Price|   | Least| 2| 3| 5| 6| 7| 8| 9| Most important| Total| Healthy food on the menu| Least important| 1| 0| 0| 0| 0| 0| 0| 0| 0| 1| | 3| 0| 1| 0| 0| 0| 0| 1| 1| 0| 3| | 4| 0| 0| 0| 0| 0| 1| 0| 0| 1| 2| | 5| 0| 0| 0| 0| 1| 2| 0| 0| 0| 3| | 6| 0| 0| 0| 0| 2| 1| 3| 2| 0| 8| | 7| 0| 0| 0| 1| 1| 3| 3| 4| 3| 15| | 8| 0| 0| 0| 0| 1| 3| 8| 2| 4| 18| | 8| 0| 0| 1| 2| 1| 2| 0| 2| 0| 8| | Most important| 0| 0| 0| 0| 4| 0| 2| 2| 7| 15| | Total| 1| 1| 1| 3| 10| 12| 17| 13| 15| 73| |   |   |   |   |   |   |   |   |   |   |   | Chi-Square Tests|   |   |   |   |   |   |   |   | |   | Value| df| Asymp. Sig. 2-sided)|   |   |   |   |   |   |   | Pearson Chi-Square| 1. 52E+02| 64| 0|   |   |   |   |   |   |   | Likelihood Ratio| 72. 529| 64| 0. 217|   |   |   |   |   |   |   | Linear-by-Linear Association| 6. 593| 1| 0. 01|   |   |   |   |   |   |   | N of Valid Cases| 73|   |   |   |   |   |   |   |   |   | a. 81 cells (100. 0%) have expected count less than 5. The minimum expected count is . 01. |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | Correlations|   |   |   |   |   |   |   |   | |   |   | Healthy food on the menu| Price|   |   |   |   |   |   |   | Healthy food on the menu| Pearson Correlation| 1| . 303**|   |   |   |   |   |   |   | | Sig. (2-tailed)|   | 0. 09|   |   |   |   |   |   |   | | N| 74| 73|   |   |   |   |   |   |   | Price| Pearson Correlation| . 303**| 1|   |   |   |   |   |   |   | | Sig. (2-tailed)| 0. 009|   |   |   |   |   |   |   |   | | N| 73| 73|   |   |   |   |   |   | à ‚  | **. Correlation is significant at the 0. 01 level (2-tailed). |   |   |   | How appealing varying food items are to the sample pool is illustrated in the table below through the mean value of each product; with the number 1 representing very little appeal and the number 10 great appeal. The relatively stronger desire for salads and sandwiches over desserts reflects the health conscious nature of the consumer.Furthermore, the high frequency of fruit’s appeal suggests consumers’ eagerness for diversity in menu options. Thus, it is evident that the taste preferences of the consumers are in line with some of the Simply Food products. However, the absence of responses concerning vegetables and microwavable meals suggest a lack of demand for such items. Table 4: Appeal of Food Products |   | Salads| Sandwiches| Desserts| Juices| Fruits| N| Valid| 74| 73| 74| 73| 74| | Missing| 20| 21| 20| 21| 20| | Mean| 7. 35| 7. 95| 6. 41| 7. 37| 6. 95| | Median| 8| 8| 7| 8| 7 | | Mode| 7a| 9| 9| 8| 7| a. Multiple modes exist.The smallest value is shown|   | (4) Competition and Pricing Several questions in the survey were designed to size the level of competition M&S Simply Food would face in Complex Desjardins. Our findings concluded that respondents favored a combination of restaurants and food court stations, with the top two in each respective category being: (1) Eggspectation and Baton Rouge; and (2) A&W and Subway. This gives M&S Simply Food a competitive advantage as its high quality food gives consumers the restaurant feel, while its ready-made, self-service concept mimics the convenience of the food court.Despite the popularity of some competitors, 63% of respondents stated that they do not have a preferred food chain. The results indicated that bad service and poor quality of food were the main deterrents of brand loyalty. However, nearly half of respondents expressed boredom with current food chain alternatives and eagerness to try new venues . When asked about sentiments regarding a new chain called â€Å"Simply Food†, 42% of respondents said that the name appealed to them. Also, Diagram 3 illustrates the styles of cuisines respondents believe are missing in the complex. Diagram 3: Styles of Cuisine Missing in Complex DesjardinsThe frequency below illustrates that 47% of respondents spend between CAN10. 00 to CAN14. 99 on a meal in Complex Desjardins, with the overall average meal costing CAN11. 80. In comparison, M&S Simply Food individual products range on average from CA2. 00 to CAN4. 50. However, in Table 5 below we see that the brand’s luxury meals cost significantly more, averaging CAN22. 00. Taking into consideration the average expenditure of respondents, the findings suggest that consumers in Complex Desjardins are more likely to purchase individual food items, rather than an entire luxury meal.Table 5: M&S Simply Food Prices | Cost in Pounds (GBP)| Cost in Canadian Dollars (CAN)| Average Cost of Salads| 2. 77| 4. 34| Average Cost of Ready-Made Meals| 2. 64| 4. 13| Average Cost of Fruit| 2. 81| 4. 40| Average Cost of Dessert| 1. 31| 2. 05| Average Cost of Luxury Meals| 14. 11| 22. 08| Correlations By running a series of correlation tests, we discover whether the demand for food within the complex is influenced by the income level of the respondents, the price of food, types of food chains available and consumers’ taste preferences.Table 6 below shows that the only 2 variables that are correlated are the number of times respondents eat at Complex Desjardins and the annual income levels. Although the value is not statistically significant to 0. 05, it is significant enough to display a relationship: that the frequency of visits, or rather demand, is determined by and proportional to the income levels of respondents. Table 6: Variables Correlated with the Demand for Food |   | How often eaten at Complex Desjardins| Which area do you prefer to eat in| Educational Level| Income Level| How often eaten at Complex Desjardins| Pearson Correlation| 1| . | . 343**| 0. 116|   | Sig. (2-tailed)|   | . | 0. 003| 0. 332| | N| 74| 0| 72| 72| Where? | Pearson Correlation| . a| . a| . a| . a| | Sig. (2-tailed)| . |   | . | . | | N| 0| 0| 0| 0| Education| Pearson Correlation| . 343**| . a| 1| . 324**|   | Sig. (2-tailed)| 0. 003| . |   | 0. 006| | N| 72| 0| 72| 70| Income| Pearson Correlation| 0. 116| . a| . 324**| 1| | Sig. (2-tailed)| 0. 332| . | 0. 006|   | | N| 72| 0| 70| 72| a. Cannot be computed because at least one of the variables is constant. | **. Correlation is significant at the 0. 01 level (2-tailed). LIMITATIONS As in any research report, a number of limitations in the execution and analysis of our report occurred. The main issue we encountered was that of missing data, in which a number of questions in the questionnaire were left unanswered. As a result, many of our estimates were found statistically inefficient due to loss of informat ion, while other estimates may be considered biased if the data from questions left vacant are systematically different. In the future, we suggest increasing the sample size to ensure a more reliable and valid data set.Another common limitation is the subjectivity of surveys in that respondents often fail to answer questions truthfully and therefore skew the results. Efforts to ensure data is accurate would have required more expenditure; however budget restrained us from implementing such solutions. Budget constraints limited the sample size, and care should be exercised in the future to general these findings further. CONCLUSION & RECOMMENDATIONS After much assessment, we believe that M&S Simply Food will prove to successful if established in Complex Desjardins.Our findings conclude that the complex and its surrounding are the ideal location to for Simply Food to attract its target market. Consumers that purchase food at the complex are young professionals and local residents who fall into the middle-to-high income bracket, and therefore are able to afford brand’s higher priced products. Furthermore, consumers’ product preferences reflected strong desires for higher quality food and a wider variety of cuisine options. Simply Food prides itself on offering its consumers premium quality meals made from adventurous recipes and fresh ingredients, and therefore will be able to capture this unmet demand.Although there is a great deal of competition in the Complex Desjardins, its consumers are open to change and are ever evolving their taste pallet. The unique style of M&S Simply Food enables it to provide consumers with quality restaurant food at the speed and convenience of food court service, thereby capturing a wider share of the market and competing with both food chain categories. The following is a list of recommendations we believe will ensure the profitability of M&S Simply Food in Complex Desjardins: * Locate the convenience store in the foo d court, as it attracts the greatest number of consumers.The food court also compliments the self-service nature of the store, providing consumers with an adjacent seating area. * Ensure all advertisements of the brand strongly highlight the â€Å"Simply Food† name, as well as key phrases that reflect the stores value-added services: for example â€Å"High Quality Food†, â€Å"Adventurous Recipes†, â€Å"Variety of Cuisine Options†, and â€Å"A Healthy Meal Option†. This well help the brand appeal to consumers’ preferences. * Limit products to ready-made meals, sandwiches, salads, fruits and beverages.Exclude the sale of vegetable produce and microwavable meals, as there does not seem to be a demand for such items. * To encourage the sale of more expensive luxury platter meals, we suggest holding discount promotions during the soft opening of the store. Reduce the price of platters to slightly below the average cost of meals in the complex, in order to entice consumers and build brand loyalty. * To compete with competitors, M&S Simply Food must build up its reputation as a quality food provider at a quick and convenient pace.To ensure this is done successfully, stores must be designed to provide adequate space for browsing, which is to be separated from the pay register. By doing so M&S Simply Food will not have the same queuing problem it encounters in the U. K. , which often deters potential customers. REFERENCES IGD The Food and Grocery Experts. â€Å"Convenience Retailing Market Overview,† [On-line]. Available: http://www. igd. com/index. asp? id=1&fid=1&sid=7&tid=26&cid=91 [20/1/11] Marketing Week (2007, April). â€Å"Assessing the M&S Simply Food Brand,† [On-line]. Available:

Cross-Cultural Work Environments

Naeja Silar January 14, 2012 Leadership and Organizational Behavior Unit 1 Assignment Organizational Theory: Cross-Cultural Work Environments I will be researching a theory on the analysis of cross-cultural management style and structure. In researching this theory, it will help managers in a multinational company, or work environment, interact with employees of a diverse background. In understanding, and getting a better idea of how cultures interact in workplace environments, the manager can be more productive and avoid various types of confrontations that may ultimately hurt productivity. Analyzing the management styles and cultures of the world will enable managers to understand the ideas of different cultures. By understanding the reasoning behind each culture behavior, there will be less room for inaccurate generalizations, fewer generalizations will make sure managers, working in a diverse work environment have greater success. However, with the constant view of diversity in the workplace, all mangers should participate in a cross-cultural management training course, as well as employees. In researching this theory, the main focus is the business style of various cultures in the workplace environment. Examining different types of behavioral patterns will reveal the different cultural frames, and perceptions within a diverse work environment. Understanding the different perceptions of the different cultures will lead to close interpersonal relations, and productive communication. Cross-cultural management research is derived from the study of the behavior of people in diverse organizations. The United States has always been in the forefront of the development of management theory, practice, and research; because of the current internationalization of business in the United States, they should be leading the development of a cross-cultural perspective to management. (Adler, 1983) In the earlier studies of cross cultural management, the approach was to transfer advanced management practices, techniques, and methods. The field of cross-cultural studies on organizational functioning is a result of partial integration between the cross-cultural comparative management field and organization theory areas. The economic development approach to comparative management research is one of the early methods used for cross-cultural management study. It is found that managerial input plays an important role in achieving economic development, this approach focuses on the basic trends of managerial development, rather than the analysis of organizational practices. (Negandhi, 1983) The role of culture is said to be the most accurate approach to exploring and comparing management and organizational styles. One of the most basic issues in cross-cultural management research is to determine what extent culture impacts an individual’s behavior within the workplace. Various cultures emphasize dimensions differently, and these are demonstrated in contrastive managerial behaviors. Identifying the four aspects of culture that have specific implications for the workplace is a very important task, and these implications include power distance, uncertainty avoidance, individualism, and masculinity. An example of each are as follows, power distance, leadership can be looked at as informal and loose, this is due to the fact that employees do not see their superiors as that far ahead of them on the social scale. Uncertainty avoidance measures the extent to which people in a organization tend to feel threatened by uncertain, ambiguous, risky, or undefined situations. The importance of individualism is the evidence suggesting that differences among this dimension of culture account for major differences in managerial assumptions and practices. On the dimension of masculinity, it is understood that the masculine cultures are defined as being assertive, valuing achievement, and loathing failure. On the opposite extreme, a feminine culture is characterized by the favoring of nurturing roles, interdependence between people and caring for others. In concluding this cross-cultural management research, its main focus is the description of organizational behavior within countries and cultures, and most importantly on the interaction of peoples from different countries working within the same organization or work environment. Increased multinational operations means increased diversity within the organization. In participating in this cross-cultural management research, and there would be a higher degree of interaction between employees and managers from different cultures. Reference Citations * Adler, Nancy J. â€Å"Cross-Cultural Management Research†, The Academy of Management Review, (April, 1983) * Hall, Edward T. â€Å"Understanding Cultural Differences† New York: Doubleday & Company (August, 1990) * Negandhi, Anant R. Cross-Cultural Management Research: Trend and Future Directions† Journal of International Business Studies, (August, 1983) * Kelley, Lane & Worthley, Reginald â€Å"The Role of Culture in Comparative Management: â€Å"A Cross-Cultural Perspective† The Academy of Management Journal, (March, 1981) * Hall, Edward T. â€Å"Beyond Culture† New York: Anchor Press, 1983 * Adler, Nancy J. â€Å"A Typology of Management Studies Involving Culture† Journa l of International Business Studies http://links. jstor. org

Dulce Et Decorum Est by Wilfred Owen and The Hero by Siegfried Sassoon.

Dulce Et Decorum Est by Wilfred Owen and The Hero by Siegfried Sassoon. Good day ladies and gentlemen and welcome to the Bilinga Youth Literacy Festival, today I will be talking about two of the greatest poems about war, by two of the greatest war poets, Wilfred Owen and Siegfried Sassoon. First I would like to talk a bit about the backgrounds of the two poets so that when I'm finished you may decide whether this poetry is still relevant to modern youth.The first poet I would like to talk about is Wilfred OwenWilfred Owen was born the 18th of March 1893 in Oswestry in the United Kingdom. He was the eldest of four children and brought up at an Anglican school, the influence of his education remains visible in his poems and in their themes: sacrifice, Biblical language, his description of Hell.He enlisted in the Artists' Rifles on 21st October 1915 and went through 14 months of training in England before he was drafted to France in 1917, the worst war winter.English: Siegfried Loraine Sassoon (1886-1967), po...His total war experience will be rather short: four months, from which only five weeks in the line. On this is based all his war poetry. After battle experience, he went to Craiglockhart War Hospital near Edinburgh.In August 1918 Owen returned to France. The butchery was ended on 11th November 1918 at 11 o'clock. Seven days before Owen had been killed in one of the last vain battles of this war.The other poet I would like to talk about is Siegfried Sassoon.Siegfried Sassoon was born in Weirleigh, Kent, England on September 8, 1886 into a leisurely society of country living.Sassoon enlisted in the military at the age of 28 just before the draft and was eventually assigned to the Royal Welch FusiliersThe war was hard on Siegfried and his family.

Biography of Robert McNamara, Vietnam War Architect

Biography of Robert McNamara, Vietnam War Architect Robert S. McNamara (June 9, 1916–July 6, 2009) was a secretary of the U.S. Department of Defense in the 1960s and the chief architect and most vocal defender of the Vietnam War. He spent his later years as an elder statesman, apologizing for an escalation of the conflict that became known as McNamaras War. He strove to redeem himself by helping the worlds poorest nations. Before his death in 2009, McNamara wrote about the failures that would became his legacy: Looking back, I clearly erred by not forcing - then or later, in Saigon or Washington - a knock-down, drag-out debate over the loose assumptions, unasked questions and thin analyses underlying our military strategy in Vietnam. Fast Facts: Robert McNamara Known For: U.S. Secretary of Defense during the Vietnam WarBorn: June 9, 1916 in San Francisco, CaliforniaDied: July 6, 2009 in Washington, D.C.Parents Names: Robert and Clara Nell McNamaraEducation: University of California at Berkeley, Harvard Business SchoolSpouses Names: Margaret Craig (m. 1940–1981), Diana Masieri Byfield (m. 2004)Childrens Names: Robert, Margaret, Kathleen Early Years and Education Robert Strange McNamara was born on June 9, 1916 to Robert, the son of Irish immigrants, and Clara Nell McNamara. His father managed a shoe company in their hometown of San Francisco. The young McNamara was raised during the Great Depression, an experience that helped shape his liberal political philosophy. Later, he honed this philosophy at the University of California at Berkeley, where he studied economics. Next, he studied business administration at Harvard University, then went on to work for Ford Motor Company. He served as Fords president for a month until being tapped by President John F. Kennedys administration in 1960 to lead the Pentagon. Defending the Vietnam War McNamara was vilified by opponents of the Vietnam War for his seemingly unflinching support of the conflict in public, distorting the reality of the war and misleading the president. He used the statistical analysis techniques he learned at Harvard to try to measure success on the battlefield. According to the Vietnam Center and Archive at Texas Tech University, McNamara switched to using enemy body counts instead of territory or land based objectives to measure the American’s success in the war...[which] led to a war of attrition, a policy of inflicting massive casualties on the enemy. In private, McNamaras doubts about the mission grew along with the body count, and he questioned whether the war was actually winnable. Eventually, he raised such concerns with President Lyndon B. Johnson, with no success. McNamara resigned as secretary of Defense in 1968 following his failed attempt to both negotiate a settlement in the Vietnam War and convince Johnson to freeze troop levels and stop bombings. Clark Clifford, an adviser to Johnson, succeeded McNamara. McNamara went on to become president of the World Bank. Famous Quotes I deeply regret that I did not force a probing debate about whether it would ever be possible to forge a winning military effort on a foundation of political quicksand. It became clear then, and I believe it is clear today, that military force - especially when wielded by an outside power - cannot bring order in a country that cannot govern itself. We burned to death 100,000 Japanese civilians in Tokyo - men, women and children. LeMay recognized that what he was doing would be thought immoral if his side had lost. But what makes it immoral if you lose and not immoral if you win? We of the Kennedy and Johnson administrations acted according to what we thought were the principles and traditions of our country. But we were wrong. We were terribly wrong. You dont ... correct a wrong by apologizing. You can correct a wrong only if you understand how it occurred and you take steps to ensure it wont happen again. Later Career McNamara served as the World Bank president for 12 years. He tripled its loans to developing countries and changed its emphasis from grandiose industrial projects to rural development.After retiring in 1981, McNamara championed the causes of nuclear disarmament and aid for the worlds poorest nations. He fought what he described as the â€Å"absolute poverty - utter degradation† in  Africa, Asia and Latin America. Legacy McNamara died on July 6, 2009, in Washington, D.C. His legacy will forever be intertwined with the Vietnam War and tainted by his loyalty to the presidents he served rather than the American people. The New York Times condemned McNamara in a devastating editorial, writing: â€Å"Mr. McNamara must not escape the lasting moral condemnation of his countrymen. Surely he must in every quiet and prosperous moment hear the ceaseless whispers of those poor boys in the infantry, dying in the tall grass, platoon by platoon, for no purpose. What he took from them cannot be repaid by prime-time apology and stale tears, three decades late.†

Double Displacement Reaction Definition and Examples

Double Displacement Reaction Definition and Examples A double displacement reaction is a type of reaction where two reactants exchange ions to form two new compounds. Double displacement reactions typically result in the formation of a product that is a precipitate. Double displacement reactions take the form:AB CD → AD CB The reaction occurs most often between ionic compounds, although technically the bonds formed between the chemical species may be either ionic or covalent in nature. Acids or bases also participate in double displacement reactions. The bonds formed in the product compounds are the same type of bonds as seen in the reactant molecules. Usually, the solvent for this type of reaction is water. Alternative Terms A double displacement reaction is also known as salt metathesis reaction, double replacement reaction, exchange, or sometimes a double decomposition reaction, although that term is used when one or more of the reactants does not dissolve in the solvent. Double Displacement Reaction Examples The reaction between silver nitrate and sodium chloride  is a double displacement reaction. The silver trades its nitrite ion for the sodiums chloride ion, causing the sodium to pick up the nitrate anion.AgNO3 NaCl → AgCl NaNO3 Heres another example: BaCl2(aq) Na2SO4(aq) → BaSO4(s) 2 NaCl(aq) How To Recognize a Double Displacement Reaction The easiest way to identify a double displacement reaction is to check to see whether or not the cations exchanged anions with each other. Another clue, if the states of matter are cited, is to look for aqueous reactants and the formation of one solid product (since the reaction typically generates a precipitate). Types of Double Displacement Reactions Double displacement reactions may be classified into several categories, including counter-ion exchange, alkylation, neutralization, acid-carbonate reactions, aqueous metathesis with precipitation (precipitation reactions), and aqueous metathesis with double decomposition (double decomposition reactions). The two types most commonly encountered in chemistry classes are precipitation reactions and neutralization reactions. A precipitation reaction occurs between two aqueous ionic compounds to form a new insoluble ionic compound. Heres an example reaction, between lead(II) nitrate and potassium iodide to form (soluble) potassium nitrate and (insoluble) lead iodide. Pb(NO3)2(aq) 2 KI(aq) → 2 KNO3(aq) PbI2(s) The lead iodide forms what is called the precipitate, while the solvent (water) and soluble reactants and products are termed the supernate or supernatant. Formation of a precipitate drives the reaction in a forward direction, as the product leaves the solution. Neutralization reactions are double displacement reactions between acids and bases. When the solvent is water, a neutralization reaction typically produces an ionic compounda salt. This type of reaction proceeds in the forward direction if at least one of the reactants is a strong acid or a strong base. The reaction between vinegar and baking soda in the classic baking soda volcano is an example of a neutralization reaction. This particular reaction then proceeds to release a gas (carbon dioxide), which is responsible for the fizz of the reaction. The initial neutralization reaction is: NaHCO3 CH3COOH(aq) → H2CO3 NaCH3COO Youll notice the cations exchanged anions, but the way the compounds are written, its a bit trickier to notice the anion swap. The key to identifying the reaction as double displacement is to look at the atoms of the anions and compare them on both sides of the reaction.

Identify and discuss in details organisation skills, artistic Essay

Identify and discuss in details organisation skills, artistic &creative skills, social skills and communication skills which the staff must be exposed to in a one week staff training programme - Essay Example This essay will focus on the organizational, communication, social, creative and artistic skills that employees should be exposed to in such a training program. Effective communication skills that are of high scale are very vital in an organization in the modern world. They help in coping with the stiff competition that organizations are facing from all scopes of life. Effective communication highly relies on the type of communication skills that one possesses. It involves engaging the most appropriate communication channel, presentation of the information to the targeted audience, skills to understand fully, and easily responses made by the audience as well as having the technical expertise of using the chosen channel of communication (Worth, 2009 pg 45). Self-development, Interpersonal skills, cooperation, mutual understanding, as well as trust are significant in setting a concluded channel of effective communications skills. There are three types of communication skills that corporates can instill in their staffs. They include expressive skills, listening skills as well as management skills meant for controlling the whole process of communication. In addition, emotional skills are also very fundamental since they determine the fate of all the other three skills mentioned above. Expressive skills help in conveying messages to the other people by use of facial expressions, words, and body languages. On the other hand, listening skills are the skills employed primarily so as to get information and messages from the other people (Worth, 2009 pg 55). They help in making the speaker understand his or her audience feelings and thoughts towards him or her and more so, understanding the audience more closely. Communication management skills help in recognizing the needed information, and create a strong hold on the present rules of interaction and communication. Equipping staffs or members

Role of Labor in Texas Essay Example | Topics and Well Written Essays - 750 words

Role of Labor in Texas - Essay Example Labor is not only composed of the citizen of a certain city or country. Labor is a mobile factor of production, which migrates from one place to another for better opportunities, adding to the productive capacity of their new society. However, there is also a downside to the migration of labor. While they may satisfy the labor needs of their new place and may also improve the quality and quantity of labor and products (by increasing competition for the existing labor), their migration may aggravate housing, sanitation, and health problems. Their presence may also give rise to tensions and riots between the locals and migrants. Agriculture is one of sectors of US economy that is highly dependent on migrant labor. This is because the native-born Americans are not attracted to this sector due to its seasonal nature and physical requirements. One of states, where this phenomenon is most evident is Texas. Migrant labor controls the agricultural sector in Texas. They fulfill the fruit and vegetable requirements of the country. Because of the latest fears about in-land safety, the American government has tightened its immigration policies. However, this may have dire consequences for agricultural sector. ... America will have to import what it previously produced, if the migrant labor is send back or the cut down. Thus, the migrant labor play an important role in American agricultural sector and their absence will be felt greatly by society, agriculture and U.S. economy. (Stallman) Cultural Imperialism: Cultural imperialism is the process of promoting and injecting culture of one country into another. This usually happens with one powerful nation injecting its culture into a less powerful nation. Dominating another country's, influencing its people, language and media for political and economic gains. United States of America has been the Super Power since the fall of Soviet Union. It is, at present, the largest economy and the biggest military power in the world. Through the chants of " globalization", it has been injecting its ideas into the less-developing countries; to promote its interests and prevent them from growing economically, militarily, culturally etc. This has been done through media, multinationals, Internet and lately in the name of " war on terrorism." Though there has been a number of organizations that are working to promote the culture and languages of less developing countries, however they have not be very effective. Secondly, one of most prominent feature of these organizations is to promote better understanding between United States and the developing countries. Thus, in a way they have been reinforcing the very phenomenon they are fighting against-Western Imperialism. By targeting "Islam", promoting it as "a terrorist's religion", by attacking Iraq and Afghanistan, by capturing endless innocent Muslims for being "Jihadis", America and the West has been trying to culturally, politically, economically and militarily suppress the

Establish relationships with customers Essay Example | Topics and Well Written Essays - 250 words

Establish relationships with customers - Essay Example Accordingly, a "satisfied customer" is not enough to create customer loyalty because customer loyalty is established not only through meeting basic needs, but in delighting the customers so that they will continue to patronize and repeatedly purchase the products or services of organizations. Further, all organizations aim to satisfy their customers but only a few establish customer loyalty due to the added value provided. Products that generate a lot of customer loyalty are Coke, Johnson and Johnson, Procter and Gamble, Nestle, Colgate-Palmolive, to name a few. These products exemplify giving their customers more value for the products patronized in terms of extending care, addressing inquiries immediately, ensuring high quality of products for the price paid, and making them instrumental part of the customers’ daily lives. Microsoft could be deemed as an organization that earned customer loyalty due to the exemplary quality of products offered to the consumers. A lot of its products have been replicated by other computer organizations but their mission and genuine commitment to help people and business organizations through sharing the products that they offer are commendable and consistent with the ideals for social responsibility; as well as conformity to ethical and moral

Voluntary cooperation Essay Example | Topics and Well Written Essays - 750 words

Voluntary cooperation - Essay Example Investment trusts are companies just like any other company as they issue share to raise funds from shareholders, and thereafter invest that money. The difference between normal trading companies, and investment trusts is that, they invest their money in the shares of other companies. Contrary, they invest in physical assets like mobile phone networks and factories. The problem with the investment trust is that sometimes they deviate from fundamental policy without the approval of the stakeholders. In addition, securities sold to companies by an affiliated person acting as the principal (Larkins 428). In investment advisory contract, there were failures in obtaining approval of the board of directors or stockholders. As it has been noted by the stakeholders, that there were omissions and failure to present financial information, they should put in place devices to regulate such omissions. The companies should make sure that they buy securities from the principals and not the affiliat ed persons. Voluntary cooperation enables minimization of risks of life. The free markets relieve risks as much as possible by providing security against aggression. They foster it by allowing people to invest whilst enacting the insurance policies that allow people to pool and abate risks. In addition, voluntary charity is available; this enables the donation of resources to those who are less secure. Financial crisis, revealed a fundamental weakness in the pre-crisis financial architectures for managing, preventing, and resolving crises in the financial global system.

Pfizer Stock Analysis Paper Coursework Example | Topics and Well Written Essays - 1250 words

Pfizer Stock Analysis Paper - Coursework Example At the same time, the real disposable income has shown a positive trend and indicates that the personal income of the US citizens is increasing but still it remains below the former level. With particular reference to the health care, the sector has received the boost as the average life span and median age of the US citizen and around the globe has improved. This has resulted due to the advancements in the pharmaceutical sector and indirectly impacted its revenue growth over the years. "A global depression has been averted. The world economy is recovering, and recovering better than we had previously thought likely1." The economy is expected to perform to better in the near future with a growth rate of 3.1% expected in the current year. The economists and investors around the globe have shown the optimism in their acts. However, the future still remains uncertain as most of the governments are running in huge deficits due to the fiscal stimulating programs. The governments have injected billions of dollars to revive the economy and to keep the business cycle in continuum (Schuman, 2010). The two giants of the US drug sector, Pfizer and Merck, beat the estimate of the financial analysts for the quarterly result. These companies were supported by reduced costs as a result of the recent merger activity. This will also boost their revenue activity in the coming years. (Pierson, 2010) Based on above information, Pfizer is the market leader in sales generation due to its sheer size, workforce and global operations. At the same time, it is not able to curtail its increasing expenses and has low efficiency. Pfizer contributes 17 cents to the final income for every $1 transaction as compared to Merck contributing 47 cents to the net income for every $1 transaction. As a result, it has a very low profit margin as compared to its rival. The lesser earnings as a

Sears Holdings' Retail Industry Essay Example | Topics and Well Written Essays - 250 words

Sears Holdings' Retail Industry - Essay Example   The vision of Sears is to â€Å"create lifelong relationships built on trust.† Its mission is to â€Å"work for †¦families by providing products that are innovative and fashionable, a quality that is trusted and affordable, and service that is reliable and instills confidence† (Sears, 2014a). The functional strategy of Sears does not fit its corporate and business strategies because of the disconnection among units that should be collaborating in pursuit of company vision and mission.   Sears has the following corporate, business, and functional strategies, according to company press releases and business articles. The corporate level strategy of Sears is to be an integrated retailer of diverse products and services (Sears, 2014b). Though Sears aims to remain in a diversified business, it is not entirely impossible that it will soon sell its poorly-performing units. Nonetheless, for now, Lampert expressed his dedication in turning Sears around, no matter how slow it might be. The business level strategy of the company is to pursue Lampert’s two platforms, Shop Your Way and Integrated Marketing. Lampert emphasizes member-centric shopping that integrates all channels for marketing and distribution, specifically leveraging digital marketing channels. Sears is competing in a broad market through mainly community malls than large shopping malls. It used to cater to the middle-class, but the look of its dilapidated stores indicates that it is serving the lower- class. The functional level strategy is a division of the company into more than 30 units that are competing for Lampert’s attention and resources.   

Pfizer Stock Analysis Paper Coursework Example | Topics and Well Written Essays - 1250 words

Pfizer Stock Analysis Paper - Coursework Example At the same time, the real disposable income has shown a positive trend and indicates that the personal income of the US citizens is increasing but still it remains below the former level. With particular reference to the health care, the sector has received the boost as the average life span and median age of the US citizen and around the globe has improved. This has resulted due to the advancements in the pharmaceutical sector and indirectly impacted its revenue growth over the years. "A global depression has been averted. The world economy is recovering, and recovering better than we had previously thought likely1." The economy is expected to perform to better in the near future with a growth rate of 3.1% expected in the current year. The economists and investors around the globe have shown the optimism in their acts. However, the future still remains uncertain as most of the governments are running in huge deficits due to the fiscal stimulating programs. The governments have injected billions of dollars to revive the economy and to keep the business cycle in continuum (Schuman, 2010). The two giants of the US drug sector, Pfizer and Merck, beat the estimate of the financial analysts for the quarterly result. These companies were supported by reduced costs as a result of the recent merger activity. This will also boost their revenue activity in the coming years. (Pierson, 2010) Based on above information, Pfizer is the market leader in sales generation due to its sheer size, workforce and global operations. At the same time, it is not able to curtail its increasing expenses and has low efficiency. Pfizer contributes 17 cents to the final income for every $1 transaction as compared to Merck contributing 47 cents to the net income for every $1 transaction. As a result, it has a very low profit margin as compared to its rival. The lesser earnings as a

Why I want to become a voulunteer at Pomona Valley Hospital Essay

Why I want to become a voulunteer at Pomona Valley Hospital - Essay Example In the future I might be interested in working in this industry. The core values of the organization, CHANGE, are aligned with my perspectives and views in life. All organizations should seek to satisfy the customers due to the fact that customers are the people that provide organizations with revenues. Honor and respect are sound ethical principles that can help a company improve its operations and reputation. It is essential for companies to become accountable for their actions. New ideas are needed to apply innovations within an organization. Excellent enables companies to provide the best possible service to its customers. As a volunteer I plan on upholding the values of Pomona Valley Hospital Medical Center. These values make sense to me which is the reason why I intend to abide by the mission and vision of the organization. I hope I get an opportunity to join the PVHMC as a

Scarlet Letter vs Ministers Black Veil Essay Example for Free

Scarlet Letter vs Ministers Black Veil Essay This essay is comparing and contrasting two stories by Nathaniel Hawthorn. The stories are The Scarlet Letter and The Ministers Black Veil. There are many similarities as well as differences. There are similarities in religious beliefs. They also have almost the exact same themes. We will begin with a couple paragraphs on what the two stories have in common Both stories involved sin. In The Scarlet Letter Dimmesdale whom was a minister hid his scarlet letter in shame while Hester Pryne was accused of adultery. This relates to the minister in The Ministers Black Veil since the ministers veil was used to hide the minister’s shame. So both the stories have very similar themes. Both stories are also very puritanistic in religious beliefs. They both had very strictly religious people whom were trying to obtain grace by weeding out sinners so they were better people. Both stories were made up of a lot of puritanistic beliefs. In both The Ministers Black Veil and The Scarlet Letter the supposed sinners were antagonized throughout the stories. Another thing the two novels had in coimmonm is that both ministers were being hurt in some shape or form There are also a few differences. Firstly in The Ministers Black Veil there wasn’t any prostitute. In The Scarlet Letter Dimmesdale never killed anybody like the other minister. There was good within the ministers black veil even though he hid his face in shame he tried to make up for it. Dimmesdale did not in fact Dimmesdale was spreading rumors behind Heste’rs back and just being horrible. These stories follow the main theme of the era they were written in (the puritanist era) Puritanism is an extremely strict religion. This has been my compare and contrast essay. I would like to thank the reader for taking the time to read the essay and I apologize if you find anything unsatisfactory thank you fr ypur patience.

Franklin D. Roosevelts Declaration of War Speech -- Speaking Communic

Franklin D. Roosevelt's Declaration of War Speech President Franklin D. Roosevelt was one of the most powerful and remembered presidents in United States history. When he spoke his words authorized a sort of empowerment and relief to his audience. On December 8, 1941 Franklin D. Roosevelt delivered a Declaration of War speech that would be remembered for years to come. Aside from the subject, this speech has been remembered because the arguments are well supported. Also, Roosevelt’s excellent word choice coincided with his serious tone while rhetorically appealing to the logos. On December 7, 1941 the Japanese Empire attacked the island of Oahu. The next day president Roosevelt addressed the Vice president, Congress and the nation over the radio. He alerted the nation on the problems the United States were faced with and the actions the country would take in its defense. The purpose of the broadcast was to let his audience know that the premeditated, surprise attack on Pearl Harbor would not be stood for. Roosevelt very clearly stated that the U...

Leaders of the Nation of Islam Essay -- Black Muslim Malcolm X Elijah

Leaders of Nations The Nation of Islam impacted many African American people during its time. This Black Muslim nation demanded adherence to basic teachings, which included racial separation, white devilry, and the coming Armageddon. None of these basic teachings supported James Baldwin’s perceptions, which pitied whites for their inability to see through the color curtain and embrace differences that whites and blacks held together to create a better, inexorable, and supreme nation. Leaders such as Elijah Muhammad and Malcolm X provided the vision of the Nation of Islam. These moguls proved to be two of the most powerful leaders of their time. They paved their way through history and rightfully landed a spot belonging to the Islam nation. Even after death, Elijah Muhammad and Malcolm X still influence people in communities around the world to look beyond themselves and conquer a solution to the problems that societies still face. However there were some that did not concur with the Nation of Islam, and one of these people was James Baldwin. Although Baldwin, like a lost child, is not confident as to where or to whom he belongs to in life, Baldwin is certain that a black nation separated from all other races will only separate blacks from the future of a better nation and keep them from further developing as a community. Born in Georgia on October 7, 1897, the first leader of the Nation of Islam was a man named Elijah Muhammad. He has often been portrayed as a saint by his peers, but during World War II, Elijah Muhammad expressed support for Japan, on the basis of its being a nonwhite country, and was jailed for sedition. On August 24, 1946 Muhammad was released from prison in Milan, Michigan. Accord... ...We Need Not Look for Another. Phoenix, Arizona: Truth Publications, 1971. Harris, Robert L. "Malcolm and the Cross." Rev. of Malcolm and the Cross: The Nation of Islam, Malcolm X, and Christianity, by Louis A DeCaro Jr. New York University Press 1998. Hoffer, Eric. "The Negro Is Prejudiced Against Himself; The Negro Is Against Himself." New York Times 29 Nov. 1964, sec. M: 27-35. Kihss, Peter. â€Å"In Return for Years of Slavery, Four or Five States.† New York Times 23 Apr 1961: 1. Kihss, Peter. â€Å"Negro Extremist Groups Step Up Nationalist Drive.† New York Times 1 March 1961: 2. "Man of Myth and Fact: Elijah Muhammad." New York Times 29 June 1964: 32. Trinklein, Rhaya. The Official Website of Malcolm X. 24 Nov. 2003. CMG Worldwide. .

Marlin Catering Essay

The working purpose and overall goal of the marketing project is to: (1) analyze Marlin Catering’s current situation; (2) determine strategies for reaching potential clientele; and (3) develop marketing tactics and an implementation plan. The marketing project opens with an analysis of the company’s current situation, including a review of its internal and external environment, which yields information regard current company strengths and weakness along with the opportunities and threats present. Marlin Catering’s primary strengths are in the areas of its staff and expertise. Its weaknesses include consumer perceptions that firm only sells Mexican food, even for catered events and the company is not well known in the area. The opportunities present include a growing marketplace. The primary threat is a large number of competing firms in the area. The marketing goal for Marlin Catering is to become a viable company in the catering business in the Fayetteville area serving both individuals and businesses with high quality food and service. The marketing strategy will begin with offering high quality food and high quality, on-time service. The distribution strategy will be to sell via direct sales and to expand via word of mouth endorsements. In the future, indirect marketing through florists and banquet halls may be pursued. The primary emphasis will be on advertising and promotion. Marlin Catering should begin a targeted advertising campaign and develop a colorful brochure that illustrates the company’s services. Personal selling and a presence trade shows should be used to enhance the image. It will be important to reach the three distinctive markets that Marlin seeks to serve. Implementation and control measures are outlined in the conclusion of this report. Current Situation Jose Hernandez and Clay Shields own Marlin Catering. They combine their experience, management expertise, and financial resources to conduct business. Jose Hernandez is also the co-owner/business manager of Marlin Catering Party Planning and Marlin Cafà ©. Clay Shields serves as the silent partner and is not involved in the daily managerial activities of the business. The Marlin Catering business was established in January 2008. The owners of Marlin Catering would like to eventually concentrate on the cafà © and catering business and discontinue the party planning business. Jose and Clay are in the process of relocating the cafà © to another facility while expanding the services of the catering business. This leaves the current cafà © as the only location to be used for the catering business. Presently, Marlin Catering carries out every aspect of the catering process. After the initial meeting with the client, Jose Hernandez prepares a menu selection including prices. The next meeting involves the contract signing and down payment. During the catering event, Marlin Catering provides the food along with servers, linens, and china. They set up the food display and clean up the venue at the conclusion of the event. Internal Environment An analysis of the current situation for Marlin Catering includes examining the company’s internal environment, external environment, competition, and customers. The mission statement was the first component examined in the internal environment. The current statement reads, â€Å"Marlin Catering is dedicated to providing service for their customer base in the local catering market in the Fayetteville, Arkansas area. Marlin Catering is committed to providing high quality and reliable services to existing and potential customers.† Though Marlin Catering is a new business with little name recognition in the catering market, the opportunity for exposure and interest is increasing. Catering is widely used for many different occasions, and the demand for this service is continuously increasing. In developing the catering business, the owners of Marlin Catering investigated the current market and current trends for catering services. According to the 2009 Economic Census, the catering market for the Fayetteville area produced $2,723,918 in sales. There are various events in need of a caterer including, but not limited to: weddings, banquets, graduation parties, engagements, showers, and political rallies. The market appears to be saturated with a wide variety of catering vendors. Despite this saturation, the owners entered the market because they believed with the right business and marketing plan they could succeed. The experiences of the owner and the operation of their current cafe creates a key competitive advantage for Marlin Catering relative to competitors The experience in food preparation and in party planning helps the company acquire customers and expand the clientele list. Also, the extensive resume of the owner gives the company a competitive edge. With regard to resources, Marlin Catering has an established facility in working condition. The current production capacity for Marlin Catering is ten major events per month. The business concentrates on high-quality production method which means the company has the opportunity to focus on the quality section of the market. Although the business is able to outsource for employees, the dependability and resourcefulness of the employees place a limit on the firm’s current operating capacity. Currently, the catering service uses the van owned by the cafà ©. In the future, a vehicle dedicated to the catering service should be purchased. Supply costs went down the second year, after the initial costs for purchasing serving equipment had been absorbed. The new cafà © will soon be finished, which means the current facility will house only the catering business. This will mean that the monthly payments on the building will be charged to the catering service along with utility expenses. External Environment Due to the recession and slow down in the United States economy, sales in catering services actually declined in 2009 in the Fayetteville area. The growth of the university and new businesses in the area should help the economy rebound quickly, including the catering business marketplace. The cost of food increased in 2008 due to the rise in fuel costs, as did costs of operating the catering vehicle. The costs remained relatively flat during 2009. Analysis of economic data for the area and fro the United States indicates a slight increase costs in the near future. The demand for catering services tends to fluctuate during the year, primarily because catering services reach peak demand for special occasions. Demand increases during holidays and during the spring and summer for weddings. The majority of weddings are held from April through July of each year. During this past year, approximately 1,000 wedding ceremonies were performed in Fayetteville and approximately 40,000 occurred in Arkansas. Additional events that utilize catering services are political parties, corporate parties and banquets, and private parties. Again, these tend to have higher concentrations during the spring and summer, and around holidays. Catering for political parties increases prior to local, state, and national elections. Catering services are culturally diversified in the types of food dishes it provides in order to meet all of the customers’ tastes & preferences. The most common requests are for: †¢ Mexican-style food  Ã¢â‚¬ ¢ Oriental-style food †¢ Italian-style food †¢ American-style food †¢ Seafood Social-cultural trends indicate an increasing demand for catering service. An increase in dual income households creates greater discretionary funds for catering private events. Tied closely to this is the lack of time and busy schedules. It is easier and more convenient to hire a caterer to handle the food at an event than do it yourself. This is also true for weddings. But, another opportunity is present in the wedding market. Catering is the most socially thing accepted method of serving food and any type of private preparation of food would be viewed less favorably. This includes the rehearsal dinner, which is now catered for most weddings in addition to the wedding reception. Although the economy has affected the number of catering events held by businesses, the growth in the business sector in the Fayetteville area has created a greater demand for catering services. These events vary from a recognition dinner that might have 25 guests to major corporate events that will have attendance of 1,000 individuals. Competitive Environment Marlin Catering’s main competitors are full service caterers, turnkey caterers, and general caterers. According to the 2009 Economic Census, local catering sales totaled $2,723,918, with Marlin Catering only holding a 4% market share. The catering business consists of four levels of competitors. At the top level are full service caterers who also are involved in event planning. They handle the entire event, including the food. The second level of competitors is full-service caterers who do not offer event planning services. They only care for the food and tables at the event. The third level of competitors is restaurants that also offer catering services. These restaurants tend to be limited by the types of foods served at the restaurant. The lowest, or fourth tier, are restaurants, primarily fast food operations and grocery stores, that prepare catering food trays that can be picked up by customers. Some restaurants also provide these food trays for customers who are concerned about expenses. The top tier catering services target large businesses and the high-income residents of the area. Fayetteville Planning and Catering is the market leader in this sector of the market and controls the largest market share of the catering business. Although their prices tended to be high, the company has a loyal customer base and its owners are member of the local social elite class. It was the second tier of competitors that offer food, service, and prices that are comparable to Marlin Catering. Fortunately, the location of the cafà © helped create a positive image of Marling Catering through the perception was that it was a local restaurant that was engaged in catering. Most companies and individuals did not know it was a full-service catering service and that it operated independent of the restaurant. For most catering services awareness and recognition are the keys to success. Few companies, except the large ones, spend money on marketing and advertising. This is especially true for the bottom two tiers, restaurants and grocery stores. They simply post signs in their business about the catering service. All of the companies in the first two tiers have yellow page ads or listings. Some of the higher-end restaurants also place a listing under catering to inform potential customers they do provide catering as well. A few of the companies advertise in the newspaper, especially in the spring and summer and around holidays. A select few have agreements with other types of services to generate leads, such as bridal shops, photographers, florists, and bakery shops. Customer Analysis Marlin Catering maintains a full service operation. This service offers a menu selection to customers. The customer then selects the exact menu for an event and negotiates a price per person. The company provides the china, linens, crystal, and silver for the event. Employees are responsible for the set-up and clean up of the event. Marlin Catering is also responsible for replenishing empty trays during the event. The catering service is currently operating out of the cafà © and most of the catering business thus far has been generated through the cafà ©. Sales have been made to individual customers or businesses that have either dine at the cafà © or through customers of the cafà © who have heard about the catering service. The restaurant serves primarily Mexican food, which means that most of the business has been for events featuring Mexican cuisine. A review of sales for the last 2 years shows three primary types of customers or events: individual consumer events, wedding receptions, and small business events. For the individual consumer events, the average attendance was around 15 individuals and the average charge was $280. For weddings, the average attendance was 60 with an average ticket charge of $1300. The business segment varied widely with some events for only 10 to 15 people, but others for as many as 150 and 200 individuals. The figure below shows the percentage of sales generated from each of the market segments in 2009.

Musharraf Era: Pakistan Flourishes

Compiled By: Mirza Rohail B  ©Our leader – Musharraf http://presidentmusharraf. wordpress. com/ All this is all the more amazing when one considers that just six years ago, Pakistan was on the verge of bankruptcy, with only a little more than $1bn in foreign exchange reserves and its stock market teetering at 1,000 points (worth $5 billion only) and foreign debt servicing at 65% of GDP. Our exports were at a pitiful $7. 5 billion. The once ever-declining rupee stood stable at around 60-61 to a dollar since Musharraf took over. Of the 184 member countries of the IMF, Pakistan’s rate of economic growth 7% is one of the best in the world. The Karachi stock market is now above 13,000 points and worth around $65 billion. Now foreign debt servicing has lowered to become 28%. Our exports increased to become $18 billion. 1. Pakistan economy is among the fastest growing economies in the world as its economy has reached the size of $170 billion from a mere $70 billion in 1999. Pakistan attracted a record FDI of $8. 6 billion in 2007-08. 2. 2007: National revenues had swelled from Rs 308 billion during 1988-99 to around Rs 800bn in 2007; and FBR estimates now 2. 8 million Income Tax payers. Year Total CBR Direct Indirect Custom Sales Central excise 1998-99 308. 5bn 110. 4bn 198. 1bn 65. 3bn 72bn 60. 8bn 2005-06 712. 5bn 224. 6bn 487. 9bn 138. 2bn 294. 6bn 55bn 2008-09 810. 3bn 305bn – 105. 3bn 319. 3bn 80. 5bn (2008-09 Progressive) 3. Public sector development program (PSDP) has also grown from Rs 80 billion in 1999; to Rs 520 billion in 2007 and increased further to Rs 549. 7 billion in 2008. 4. FACT: The rate of growth in Pakistan Large Scale Manufacturing (LSM) is at a 30-year high. Construction activity is at a 17-year high. LSM: 1999-00 was 1. 5% and 2004-05 was 19. 9% and 2006-07 was 8. 6% and 2007-8 is 5%. 5. FACT: The Infrastructure Industries Index, which measures the performance of Seven industries, i. e. Electricity generation, Natural gas, Crude oil, Petroleum products, Basic metal, Cement and coal, has recorded a 26. 2 percent growth in Industrial sector of Pakistan. 6. FACT: Jan 14: Pakistan now has a total of 245,682 Educational institutions in all categories, including 164,579 (i. . 67 per cent) in the public sector and 81,103 (i. e. 100 per cent) in the private sector, reports the National Education Census (NEC-2005). The census — jointly conducted by the Ministry of Education, the Academy of Educational Planning and Management (AEPAM) and the Federal Bureau of Statistics (FBS) — reveals that the number of private-sector institutions has increas ed from 36,096 in 1999-2000 to 81,103 in 2005, i. e. by 100 per cent. 45,007 Educational Institutions have increased in Musharraf Era. 7. FACT: Pakistan is 3rd in world in Banking profitability, a report of IMF said. On the IMF chart, Pakistan’s banking profitability is on third position after Colombia and Venezuela. On the IMF chart India is on 36th position and China is on 40th position. Pakistan’s Banking sector turned profitable in 2002. Their profits continued to rise for the next five years and peaked to Rs 84. 1 ($1. 1 billion) billion in 2006 8. 11 May 2009: By producing 7. 746 tonnes of gold during the last five years – 2004 to 2008 – Pakistan joins the ranks of gold producing countries. According to the data with the Saindak Metal Limited – during the last five years – Pakistan has produced 86,013 tonnes of copper, 7. 46 tonne gold and 11. 046 tonne silver, besides the production of 14,482 tonnes of magnetite concentrate (iron), bringing in a total of $633. 573 million. 9. In 1999 what we earned as GDP: we used to give away 64. 1 % as foreign debt and liabilities. Now in 2006, what we earn as GDP: we give ONLY 28. 3 % as foreign debt and liabili ties. Now we are SAVING 35 % of Our GDP for economic growth. According to Department of Finance, External debt & liabilities (EDL) and DAWN: 1988 – $ 18 bn —–> 1990 – $ 20. 5 bn —–> 1999 – $ 38. 9 bn —–> 2000 – $ 35. 48 bn —–> 2001 – $ 37. 2 bn —–> 2002 – $ 34. bn —–> 2003 – $ 35. 4 bn —–> 2004 – $ 35. 3 bn —–> 2005 – $ 35. 8 bn —–> 2006 – $ 37. 6 bn —–> 2007 – $ 40. 5 bn —–> 2008 – $ 45. 9 bn —–> 2009 – $ 50 bn 10. According to Economic Survey 2005. Poverty in Pakistan in 2001 was 34. 46%. And, now after 7 years of Musharraf; Poverty in 2005 was 23. 9%. Poverty DECREASED by 10. 56%. Overall, 12 million people have been pushed out of Poverty in 2001 -2005! 11. Literacy rate in Pakistan has increased from 45% (in 2002) to 53% (in 2005). And, Education now receives 4% of GDP and English has been introduced as compulsory subject from grade 1. 2. 12-4-07: The IT industry, which was virtually non-existent seven years ago, has grown to be worth $2 billion of which $1 billion is export related. It rregistered a 50% growth. 55 foreign IT companies have already entered the market. Now the sector employed 90,000 professionals. 13. 30-1-08: The government has decided to set up a modern hospital cum Medical University in collaboration with the Harvard Medical International, USA, at a cost of Rs 18 billion. The university will be built at the Defence Housing Authority (DHA), Islamabad. A total of 2,500 students will be taught at the graduate level, while additional 600 seats will be available for postgraduate research courses. 14. Nov 2006: President Musharraf says that Pakistan will set up Nine Engineering World Class Science and Technology Federal Universities by 2008 with foreign assistance. He said the institutions of higher learning would be established in collaboration with Italy, South Korea, Japan, France, Sweden, Netherlands, Germany, Austria and China. The Cost of building these Foreign Universities will be above Rs 96. 5 billion. The Vice Chancellors, Heads of department, Professors and Faculty of the planned university will be from these Foreign Universities; while the Examination system, Quality assurance followed and the Degree awarded will also be from these Foreign Universities. 15. Government has approved to give at least 4% of GDP to Education in 2007 budget. 16. In 1999-2000 there were 31 Public Universities. Now 2005-2006 there are 49 Public Universities. HEC setup 47 Universities. a) Air University (established 2002) b) Institute of Space technology, ISB (established 2002) c) Sardar Bahadur Khan Women University, Quetta (established 2004) ) University of Science & Technology, Bannu (established 2005) e) University of Hazara (founded 2002) f) Malakand university, Chakdara (established 2002) g) Karakurum International university, Gilgit (established 2002) h) University of Gujrat (established 2004) i) Virtual University of Pak, Lahore (established 2002) j) Sarhad University of IT, Peshawar (established 2001) k) National Law University, ISB (2007) l) Media University, ISB (2007) m) University of Education, Lahore (2002) n) Lasbella University of Marine Sciences, Baluchistan (2005) o) Baluchistan University of IT & Management, Quetta (2002), etc. 7. 6-member delegation of Australian Department of Education, Science & Technology and AusAID, is visited Pakistan on the request of PM Shaukat Aziz to help Pakistan in its efforts to realign its TVET (Technical and Vocational Education and Training) according to the market needs. Chairman NAVTEC Altaf Saleem informed the delegation about NAVTEC plans to increase the capacity to train one million people annually by 2010 from the present annual capacity of 320,000. 18. Defense Exports of Pakistan have crossed the $200 million mark as the country’s robust Defense manufacturing industry continues to expand. This was disclosed by Major General Syed Absar Hussain, Director General, Defense Export Promotion Organization; after IDEAS 2006 Karachi . 19. President Musharraf inaugurated an over Rs. 1. 36 billion 18 Mega Watt Naltar hydro power project. The project, completed in four years at Naltar near Gilgit. 20. Pakistan is now in Large-scale Nuclear expansion. The reactor under construction†¦ could produce over 200kg of weapons-grade plutonium per year, assuming it operates at full power for a modest 220 days per year. At 4 to 5 kilograms of plutonium per weapon, this stock would allow the production of 40-50 Nuclear weapons a year,† the report said. 21. The Karachi Port Trust (KPT) and Hutchison Port Holdings (HPH) of Hong Kong will sign a concession agreement tomorrow for setting up a US$1 billion Deep-water container port, the first in Pakistan. KPT will invest $450 million for infrastructure development for the project. HPH will invest $557 million. In the first phase, a 1,500m quay wall will be built with a designed dept of 18m. 22. GILGIT: President Musharraf inaugurated the dry port in the border town of Sust, 200km north of Gilgit. The Dry port, a Pakistan-China joint venture, was built in 2004 at a cost of Rs90 million. It is 10,000-foot high Sust Dry Port. 23. Dec 2006: President Musharraf said many canals, including the Thal and Raini canals, were being constructed for better utilization of the water available. He said Rs66 billion was being spent on brick-lining of 87,000 canals in the country, adding that 6,000 new canals would be brick-lined next year. 24. The Private Power Infrastructure Board (PPIB) has approved expansion of Tarbela dam power project that would generate 960 MW costing $500 million. 25. President Musharraf Thursday inaugurated the Mirani Dam. Mirani Dam in Kech area of Mekran district with a catchment area of 12,000 square kilometre has been built in four years at a cost of Rs6 billion that includes Rs1. 5 billion in compensation to the affected people. It will have a storage capacity of over 300,000 million acre feet of water. 26. Gomal Zam Dam: This project started Aug 2002 and is expected to be completed early 2008. It is located in the Damaan in NWFP. It is 437 feet high and will irrigate about 163,000 acres of land. The total costs amounts to Rs. 12 billion. Having a gross storage of 1. 14 MAF. It will produce 17. 4 MW of electricity. 27. Mushrraf says the government is constructing the Rs40 billion Katchi Canal and Punjab had been gracious to provide land for its 350 kilometre stretch that will pass through the province. 28. The Economic Coordination Committee decided to set up a $2-billion mega Oil refinery at Khalifa Point in district Hub, Balochistan. The refinery, commissioned by 2010, would have a maximum refining capacity of 13 million tons of petroleum products – higher than the country’s total existing capacity of 12. million tons. 29. Pakistan Steel Mills Corporation (PSMC) during the quarter July-Sept 2007 recorded the highest ever-sales figure of Rs 9. 3012 billion. 30. The Compressed Natural Gas (CNG) sector of Pakistan has attracted over Rs 70 billion investments during the last five years as a result of liberal and encouraging policies of the government. Presently, some 1,765 CNG stations are operating in the country, in 85 cities and towns, and 1000 more would be setup in the next three years. It has provided employment to 30,000 people in the country. 31. The Securities and Exchange Commission of Pakistan (SECP) has registered 1,135 companies during the first quarter (July-September 2007). With the new registrations the total number of registered companies with SECP as on September 30 has reached 50,125. 32. Telecom sector has attracted an investment of $ 9 billion in last three years. It created of 80,000 jobs directly and 500,000 jobs indirectly. 33. Corrupt & Incompetent Nawaz Sharif made one motorway M2 (Lahore – Islamabad). Under Musharraf 6 Motorways completed or under construction: M1 (Islamabad to Peshawar) – (Rs. 3 bn) – [155 km] – (started 2003 – Completed Oct 2007) M3 (Pindi to Faisalabad) – (Rs. 5. 6 bn) – [53 km] – (started 2002 – Completed 2004) M8 (Gwadar to Ratodero) – [1072 km] – (started 2004 – will complete 2009) M9 (Karachi to Hyderabad) – (Rs. 6. 3 bn) – [136 km] – ( M10 (Karachi Northern bypass) – (Rs 3 . 5 bn) – [56 km] – (completed 2007) M11 (Lahore to Sialkot) – (Rs. 23 bn) -[101 km] – (started 2006 – under construction) 34. Under Musharraf various Highways under construction throughout the country. Including N5, N-25, N-35, N-45, N-50, N-55, N-65, N-70, N-75, N-80, S-1, etc. 35. General Pervez Musharraf inaugurated the Makran Coastal Highway (N-10) project in August 2001, consisting of Karachi-Gwadar, Pasni-Gwadar, and Ormara-Liari (Balochistan) Highways. The Liari-Ormara Highway costed Rs3. 9 billion and Pasni-Gwadar Highway Rs2. 8 billion respectively. The total length of Makran Coastal Highway is 533 kilometers. † 36. 2-12-07: Sialkot International Airport Limited (SIAL) completed. The 1,002-acre airport is 13 km west of Sialkot and is linked by a road to Gujranwala, Wazirabad, Gujrat, Narowal, the Export Processing Zone (EPZ) and the Sialkot Dry Port Trust. 7. Ghandara International Airport (Islamabad) the first-ever green-field airport being built at a cost of $400 million; with a renowned international consultant, Louis Berger Group of USA. President Musharraf laid the foundation stone of the project on April 7, 2007 and will be completed by Dec 2010. Its total area is 3700 acres (15 km? ). 38. Major Industrial estates are being developed under M usharraf’s vision: M3 Industrial estate, Sundar Industrial estate, Chakri Industrial, Port Qasim Industrial estate, etc. 39. Oct 2007: In the current fiscal year the Mining and Quarrying sector has registered a growth rate of 5. 6 percent. Increased growth was propelled by strong growths recorded in magnetite (30 percent), dolomite (26. 1 percent), Limestone (25. 2 percent) and chromites. 40. The government has already started various initiatives, to discover and develop world-class copper-gold deposits in Chagai Baluchistan; by Australian Firms that would fetch $500 million to $600 million per year. 41. Major reserves of COPPER & GOLD in Baluchistan’s Rekodiq area have been discovered in early 2006. It has ranked Rekodiq among the world’s top seven copper reserves. The Rekodiq mining area has proven estimated reserves of 2 billion tons of copper and 20 million ounces of gold. According to the current market price, the value of the deposits has been estimated at about $65 billion, which would generate thousands of jobs. 42. Executive Committee of National Economic Council (ECNEC) on Wednesday approved 45 developmental projects in its meeting, including six revised projects with a total cost of Rs 154. 1 billion with a foreign exchange component (FEC) of Rs 36. billion. 43. Rs 9. 8 billion have been allocated for 91 different mega projects at Public Sector Universities across the province, said Sindh Governor Dr Ishrat-ul-Ebad Khan. 44. Oct 2007: A fully functional TMS (Tax Management System), including profiling, withholding, return/payment filing, rectification, refunds, audit, and legal tracking is scheduled to be operational by 2007 in Pakistan, to process the tax year 2007 returns, according to World Bank. 45. The government is providing Sui Gas facility to areas of South Punjab at a cost of Rs 1. 311 billion. A total of 1,138 kilometre gas pipeline is being laid. The districts benefiting from these schemes mainly include Multan, Khanewal, Bahawalnagar, Rajanpur, DG Khan, Vehari and Muzaffargarh. 46. The KHI city government’s rehabilitation of Industrial zones and improvement plan for all those four industrial zones, of the city needs to be completed in 7-8 months. Projects worth Rs 2. 5 billion and beautification Rs 4. 5 billion. 47. 27-11-07: Pakistan Navy Ship Zarrar, the first of Multi-Role Tactical Platform (MRTP-33), was commissioned into Pakistan Navy at a ceremony at PN Dockyard. 48. 9-12-07: City Nazim Mustafa Kamal said the construction work of 47-storey IT Tower in the vicinity of Civic Center at a cost of $200m would start soon. Around 40,000 youth would get employment in the IT Tower. It will have 10,000 call centers of which 6,000 have been booked so far. 49. The President approved the project of laying of 940-kilometre-long â€Å"standard gauge† Railway track b etween Gwadar and Quetta that would cost Rs 75 billion. A German firm won the contract. 50. To increase the income of Farmers, the Government is investing Rs7. 80 billion under which a Food Security Program will be launched. Initially it will be launched in 1,000 villages. He said Rs 3. 60 billion would be invested in live-stocks and dairy sectors. About 1,200 model dairy farms and 2,950 cattle breeding farms will be established under this investment. 51. Pakistan will launch a Self-controlled Remote Sensing Satellite System (RSSS) at a cost of Rs19. 3 billion to ensure strategic and unconditional supply of satellite remote sensing data for any part of the globe over the year. SUPARCO will implement it over a period of six years. President Musharraf has approved the project in principle. 52. Governor inaugurated the DUHS Medical Research City with Dow Diagnostic Reference and Research Laboratories and Jinnah Genome Centre as its important components. He also laid the foundation stone for a library and sports complex which houses different constituent institutions of the university. 53. President Musharraf also inaugurated a 50-bed state-of-the-art Workers Welfare Fund Kidney Center. The first-ever kidney center in Baluchistan, constructed on 7. 5 acres at a cost of Rs385 million and having the diagnostic, dialysis, surgical and lab facilities will help the people of this area. 4. Karachi: The building of the 50-bed Kidney Centre in Landhi has been completed. Minister Muhammad Adil Siddiqui . He said that the building of this centre had been built at a cost of Rs70 million. 55. CM Pervaiz Elahi inaugurated Pakistan’s first Software technology park (STP) on Ferozpur Road to be implemented by Punjab IT Board (PITB). The Rs 1. 5 billion project is set over area of 32 kanals; will be completed in 12 months and is expected to create direct 10,000 jobs and generate economic activity of Rs 9 billion per year. 56. In what is considered a major leap for Pakistan, a Polytechnic Institute is being established to produce skilled workforce that will rescue the manufacturing industry from the clutches of foreign dependence. Being built in Korangi at a cost of Rs450 million, this government-funded institute will start operating in January 2007 and prepare 500 workers by the end of first year, besides producing 22 different types of dies and moulds for aviation, telecom, pharmaceutical and other industries. Experts from Germany, Japan and Thailand assisted in developing curriculum. 57. Police Act 1861 replaced by Police Order 2002 after 141 years. Police force divided into three separate wings: Watch and ward, Investigation and Prosecution. 58. Federal Minister for Commerce in order to modernize tobacco farming in the country; is setting up a state-of-the-art Tobacco Research Center in Bunner. Annually 8 million kilograms of Virginia tobacco (fine quality), worth Rs 9. 2 billion is cultivated in Bunner. Under construction. 59. The government has formed â€Å"Pakistan Gems and Jewellery Development Company (PGJDC)† with a cost of Rs 1. 4 billion, to increase the export of gem and Jewellery from $25 million to $1. 5 billion by 2017. 60. In 1999, Pakistanis could only afford to buy a total of 32,461 locally assembled Cars. The latest annual figure stands at 115,000. Currently, there are 1. 3 million cars on Pakistani roads as opposed to 815,000 cars some five years ago; a 60 percent jump in car ownership. 61. In 1999, a total of 94,881 new Motorcycles were sold in Pakistan. In 2005, Pakistanis bought or leased some 500,000 new motorcycles. 62. ISB: To convert the Karachi Fisheries Harbour Authority (KFHA) in a style of Sydney Fish Market, the government proposes an action plan worth $10 million so as to make the KFHA a profitable authority. Estimated, Pakistan has a fish and seafood industry worth $1. 2 billion. Exports alone are worth nearly $200 million per annum. More than 0. 8 million people rely directly or indirectly on the industry for their livelihood. 63. FACT: Pakistan globally ranks 10th among the countries which were among the most active in perusing pro-business policies. A report â€Å"Doing Business in 2006? co-sponsored by World Bank and International Finance Corporation (IFC). (c) ECONOMIC PAKISTAN and PRESIDENT MUSHARRAF http://economicpakistan. wordpress. com/2008/01/09/pakistan-flourishes/ http://presidentmusharraf. wordpress. com/