Introduction to New Venture Development

Introduction to New Venture Development Executive Summary Poor nutrition leads to obesity which in turn causes illness or even death. According to American Medical Association (AMA), the increase in health related diseases and illnesses have been caused by the increase in obesity and overweight rates. Some of these diseases include: diabetes, cancer, insomnia, heart diseases, and cardicascular disease. An individual’s body weight can be measured using body mass index (BMI). Research has found that, about 20% of adults suffer from obesity having a BMI of 30 or more.Advertising We will write a custom report sample on Introduction to New Venture Development specifically for you for only $16.05 $11/page Learn More More than 30% are overweight with a BMI of 25 to 29.9. Graph 1 shows the obesity and overweight for children between the ages of two and seventeen years in Australia. There is therefore a strong call for involvement to perk up diet and health in order to curb the illnesses associated with poor nutrition. Nutritionists have argued that, water, fruits, and vegetables can be used to counteract this problem (Sturm, 2005). The aim of this product is to promote healthy eating while trying to fight with the increasing rates of obesity in both children and adults. It has been noted that, people have forgotten their traditional foods and are now relying on highly processed foods which increase the cholesterol levels in the body. Many nutritionists and doctors advocate for the use of fruits in reducing this problem but we think dried vegetables would also do a recommendable job. This product aims at being the market leader not only in Australia but other parts of the world. It aims at providing the best nutrients in its natural form since it is not processed with chemicals. Since the product is in its dried form, it aims as reaching a big market and can stay for long. It will be available in major outlets where even the rich people (who rely on the processed food) can acc ess it easily. This report focuses on the target market for the product, the quality of the product and how it can be used to prevent obesity in both children and adults. Part one of this report focuses on the product itself, how it is made and the opportunities available. It also focuses on the industry that is responsible for creating the product and the pros and cones of that industry in dealing with the product. Part two dwells on the anticipated (financial) performance. This part focuses on the business model to be adopted for the product, the estimated starts of orphan crops include finger, millet, and yams; these are crops that have been neglected for along period of time although they are very nutritious. The advantage of these foods is that they contain high nutrients that have some medicinal value. In addition to that, the traditional vegetable and orphan crops if well preserved can solve the problem of food security that is being experience in most part of the world (Whit e, 2010). This products aims at reducing the high obesity rates that are evident in Australia as it also works as a supplement to the main dishes. This product is provided in its most natural form to ensure that all important nutrients are present for boosting better health. Our team aims at introducing the product to the rich people, the elderly and sick because these people are not very active and take very little exercises. It aims at targeting the rich because; these are people who have been relying on the highly processed food that is becoming a problem to their health (Biggs, 2006). The product will be branded in several colours that symbolize the different elements of the product. For example, national colours will be used to show the origin of the product. Food is a basic need and a right for each individual on the universe, however most people do not have access to nutritious foods and this has facilitated the development of health related complications. The product (dried traditional vegetables and orphan crops), is aimed at helping the larger Australian population that rely on junk foods for their daily meals. The Opportunity There are many opportunities in the market which our team aims to take advantage of in meeting customers’ needs through the creation of awareness of the new product. These opportunities guarantees successes of the product because issues related to health have remained unsolved for quite some time now. Australia is one of the developed nations and almost all food industries focus on the processed food because of the development in technology.Advertising We will write a custom report sample on Introduction to New Venture Development specifically for you for only $16.05 $11/page Learn More These foods seem easy to make and have been able to attract a wide population. However, they have not been able to solve the health related issues (which is a common problem) and instead they have accelerated the m. This has forced customers to incur additional costs as they seek for medical attention. This creates a very good opportunity for the dried traditional vegetables and orphan crops which guarantees sound health. The following table gives a summary of the factors that have created an opportunity for this new product Factor Opportunity Global increase in processed foods available in major outlets where they are accessed by everyone. People are no longer going to the market to purchase foodstuffs as they can get them in the supermarkets in their preserved form. Due to the increased need and demand for processed food. It has proved to be difficult to find a market for the fresh food products. This has resulted in the abandonment of the natural vegetables which contain high nutrients. To satisfy these customers, our product will be dried to ensure that it can stay for a longer period of time and will be available in supermarkets where other foods stuffs are stocked. Most people a re busy and hardly have time to do shopping after work. They prefer to shop during the weekends when they are relaxing. Most of the time they will go to the supermarkets because they are assured of getting everything under one roof as compared to going to the markets This creates an opportunity for the dried traditional vegetables. By branding them in different colours, they attract the customers’ attention and the content speaks for it self. This ensures that, this product is not swept out by other supplementary products. Good health is currently receiving both national and international attention. Many people have realized that, they are responsible for taking care over their health status and beyond what they can not provide, the government comes in. Dried vegetables and orphan crops would not have come at a better time than this. This product is assured of success because of the national concern of good health. Most international organizations are advocating for the use of vegetables in fighting heart disease, and other chronic diseases (National Institute of Health, 2010). Many international organizations such as the World Health organization (WHO) are fighting against increased obesity rates in Australia which has grown at a very alarming rate. This problem is common in children below the age of five years who are likely to develop health complications. To avoid this, these organization are discouraging customers from using highly processed foods and food reach in fats such as pizzas, because they are facilitating obesity in children (Morgan, 2010) Traditional vegetables such as cowpeas bunya nuts and Kakadu plums are the best solution to this problem. They are high in nutrients and contain less fat, if any. These products are also known to assist the white blood cells as they fight with disease causing organisms Powers (2007) noted that, people find it hard to avoid unhealthy foods and it has even become difficult for nutritionist to advice people on which food to take. It is therefore upon the government to ensure that people eat healthy foods. One way would be to raise the taxes on junk foods and make healthy foods (such as vegetables and fruits) available and affordable for consumption. This is a good opportunity for our dried vegetables and orphan crops because we will be able to purchase them at reduced prices enabling as to offer them to the customers at affordable prices. We are also assured of a ready market because the government is creating public awareness on the importance of organic foods. How will the Product be sold The dried traditional vegetables and orphan crops will be sold in supermarkets which are strategically located in both the urban and rural centres in order to reach a big population. They will be offered at affordable prices because the main aim of the introduction of this product is to promote health to all people. After drying, the product will be packed in small, medium sized and big t ins decorated in different colours and with the nutritious values well specified on the tin. They are to be placed alongside other products although the team plans on carrying out a vigorous advertisement to create public awareness. We also plan to open up a small store in Victoria because most of the target population is concentrated in this area. Start-Up Strategy We understand that, the introduction stage is the most expensive stage in the product life cycle. This is the stage when we expect to create public awareness in all areas. To achieve this, our team plans to take orders from major supermarkets while at the same time use direct sales representative to reach the areas that may not be served by the outlets. We expect our start up costs to be approximately $30, 000 with the advertising budget taking the bigger percentage (about 30%). Vigorous marketing will be carried out in the areas where the target consumers are located for instance, near hospitals, schools and colleges. T he team seeks to reach its target population by using printed brochures and small pamphlets that explains what the consumer stands to gain by using the product. The pamphlets will be offered for free for every purchase made. The other percentage will be used for the production process and to pay human resources. Most of this products will be imported from African for, instance Kenya because they have a wide variety of vegetables which are yet to be exploited. Our work will be to dry and package these products before offering them for sale. Performance and Financials Expected Performance During the first year after the product has been launched into the market, we do not expect to make much sales because the product will be in its introduction stage which needs a lot of advertisement in order to create public awareness on the availability of the product.Advertising Looking for report on health medicine? Let's see if we can help you! Get your first paper with 15% OFF Learn More Most of the money collected from sales will be used for further advertisement in order to ensure that, the product kicks off during the growth stage. Since this is a natural product, we expect its sales volume to increase drastically towards the end of the first year so that a lot of profit is collected in the second year of operation. The cost of production depends on the type of vegetable and quantity, but since the product does not go through a lot of process, we expect one kilogram of vegetables or orphan crops to cost about $1.5 and the expected selling price is $3. This means that, our products will earn $1.5 gross profit per every kilogram sold. Some of this profit will be used to cater for the overhead costs while the rest will be saved as retained profits. During the first year, our team expects to sell more than fifty thousand kilograms of dried vegetables and orphan crops fetching close to one hundred thousand dollars as gross profit. This sales volume is expected to incr ease in the second year even though the product is expected to face some competition. During the second year, the product will be differentiated further and packaged in different tins with each tin containing different type of vegetable. Financial Analyses The expected financial performance for the first three years can be summarized in a table as shown below. Year Production cost/kg Selling price/kg Estimated sales (in kg) Gross profit Overhead cost Net profit one $1.5 $3 50, 000 $75, 000 $50, 000 $25, 000 two $1.5 $3 150, 000 $225, 000 $40, 000 $185, 000 year $1.5 $2.5 150, 000 $150, 000 $40, 000 $110,000 As noted earlier, during the first year of operation, we do not expect to make much profit because a lot of money will be used for advertisement. Also the sales are expected to be very low because people will not be familiar with the product. However, in the second year, sales are expected to shoot upwards while overhead costs declines due to reduced advertisement. Wi th time, competition will emerge in the market which is likely to force us to lower the selling price to at least $2.5 in the third year of operation. By lowering the prices we will be able to retain our market share although the overall effect will be a reduction in the profit levels. The product is expected to break even after three years since competition will have risen to significance levels. At this point, the product will be decline stage of the life cycle, instead of allowing the product to die; it will be sold to big companies Business Model The start-up capital will come from members’ contribution (which will be treated as share capital) and contributions from well wishers such as international organizations. Revenue model Having no other products in the market, our main source of revenue will be the sale of our products. With this revenue, we plan to start up other products and services to boost our revenue base and to ensure that our products do not die. Cost mode l Our costs include Product purchases Rent for the production centre Salaries and wages Transportation of both raw and finished products Paying contractors Licensing Market Market segmentation To ensure that our product does not die after reaching the maturity stage, we plan to use the cost leadership strategy. This is a strategy aimed at ensuring that costs remain as low as possible. It is a competitive strategy used by many organizations by giving them a competitive advantage in the market (Hitt, et al, 2009:81). Cost leadership strategy is an indication of how a firm’s theory in successful competition is centred on low costs and prices. It ensures that products of the same value are offered at a lower price in order to attract more customers. By using the cost leadership strategy, we will be able to position the product to target the average customers in the market with little or no differentiation. This strategy uses the low-margin high-volume kind of approach. Key areas in cost leadership are: materials, management of logistics and manufacturing. Consumers’ choices are complex and multifaceted. If consumers were concerned only about getting food at the lowest possible price, alternative agriculture would have a hard time taking hold, because industrial-style farming produces food cheaply. Consumers require the source of food that will be of most benefits to their bodies. Vegetables and orphan crops are the only type of food that can satisfy a wide range of consumers’ need. Most of the government health agencies and departments such as World Health Organization (WHO) have been fighting with the growing problem of obesity and unhealthy eating. They have been advocating for a modification in the health program to include more fruits and vegetable. Research has proved that, diets with a bigger portion of vegetables can lower or even prevent some illnesses such as cancer and heart diseases (World Health Organization, 2004). This is because diets rich in vegetables contain less cholesterol as compared to those rich in carbohydrates or proteins. Obese and overweight people are advised to increase their daily intake of vegetables as this will help them to maintain an incredible figure (Baourakis, 2004). This being the case, our product targets to reach people in hospitals, schools, colleges, and government institutions. By reaching these populations we are assured that our products get to the right people. The elderly people are also our main point of focus because they too need a lot of vegetables to help then in fighting diseases and to grow strong. Vegetables are digested easily and can also be used to clean the stomach. Competition and Risks Being a new product in the market, we are expecting to face some risks and competition although this will not deter us from further production. Having the government fight against junk food by taxing them heavily is a good opportunity for us and we will take full advantag e of it. To be able to survive in the competitive market, we will charge low prices for our products so as to attract a big market. The low cost also gives us a competitive advantage which is a significant entry barrier. By charging low prices, we are able to buy large volumes of goods from suppliers thus we enjoy economies of scale. However, being a cost leader we are prone to face some risks (Hosler, 2008). The first risk is that, in most cases, there is a danger of out competition on the basis of cost. If this happens, the leader will be forced to continuously reduce prices which may not be profitable in the long-term. The other risk is that, the persistent force to cut costs may engrave corners that displease customers because more often than not these low prices will result in the production of poor quality products. Porters’ Five Forces Model Porter developed a structure for analyzing the nature and extent of competition within an industry. His argument was that, in eve ry industry, there are at least five competitive forces which establish the nature of competition within that industry. These five forces apply to our product and are discussed below: Buyer’s bargaining power Buyers have the ability to determine which products will move first and which will not. It is through buyers that a company realizes its competitive advantage in the market. We expect our product to be subjected to the following buyers’ power. Low switching costs Buyers are many and are not concentrated This is a weak force since the buyers have limited bargaining power Competitive Rivalry in the industry Within the food industry, there are businesses which compete with each other for the available market share. These businesses either specialize in the production of similar products or differentiated products. This competition is based on: Low prices Quality Performance High exits barriers Little product differentiation High investment intensity Though th ere are several companies which offer high quality and low cost products, there is still great rivalry in the industry as products are close substitutes to each other. Threat of Substitutes Our product is likely to face many substitutes in the market. Other companies are likely to come up and offer similar products thereby threatening the survival of our product. Threat of entry Dried traditional vegetables and orphan crops product will enjoy the following barriers: Strong economies of scale Brand loyalty of customers Strong capital cost on entry Legal constraints Mergers and acquisitions It stands to win over the threat of entry in the market because; the government has put strong entry barriers. Supplies’ bargaining power Flexibility to the industry’s request Volume and price provided Concentrated suppliers High switching cost The suppliers bargaining power is weak over the buyers’ and could always lower their prices to ensure a share of the buyersâ⠂¬â„¢ prospective profit. Environmental Analysis SWOT Analysis SWOT is an acronym for Strength, Weaknesses, Opportunities, and Threats. In order to understand where our product stands in the Australian market, we have first to analyze the strengths and opportunities of the product as well as the threats and weaknesses that the product will be exposed to. Strengths 1. Marketing power growth- strong brand creation through cross-promotion 2. Strategic expansion through customer-focused innovations 3. High turnover growth 4. A strong market strategy 5. Strategically placed to fight competition Weaknesses 1. Low profit margins 2. Lack of a well thought future market strategy Opportunities 1. Increased economic development 2. An unfulfilled customer need 3. Rise in per capita income 4. Increased technological advancement Threats 1. Industry rivalry 2. Entry of new firms 3. Strong government regulations 4. Competition 5. Emergence of substitute products PEST Analysis Political Free and f air government which promotes equality Fair Trade Practices Consumer Protection Taxation policies Economic Factors affecting the GDP- for instance employment, inflation, and government spending More disposable income Seasonality issues Developed Australian economy Socio-cultural Lifestyle trends and consumer preferences Demographic changes Increased consumer spending Multi-cultural society Technological Innovation capacity Improved infrastructure Australia is among the technologically advanced nations in the world The forces described above helps in the determining the market growth (or decline) of our product and the implication of its strategic business unit. If an economic recession occurs, the economic forces would have a considerable bearing on the future market strategies through ripple effects on the political and socio-cultural factors. Political factors put a restriction on the development of the industry by putting tough taxes and regulation requirements. Aus tralia has been experiencing low tariffs barriers which have led to an expansion in the international trade thereby resulting in increased demand for food products. Australia’s economic growth potential is facilitated by its demographic advantage and could therefore open up opportunities for industry development. Although the Australian economy has been doing well and the future is promising, our product has to overcome some obstacles before it realizes its full potential. First there is the government requirement which it has to adhere to before being allowed to operate, increased capital costs, requirement of skilled labour force, and rivalry from other firms. To add to these risks, the product is not guaranteed of a ready market in the rural areas making it a risky undertaking. Exit Strategy Since we may not be in a position to continue the production of our product because of competition, we plan to sell it to one of the major food industries in the country. Depending on the circumstances, we may even choice to emerge with big grocery firms and continue producing the product. Another option would be to franchise our product so that we maintain our market share and even attract new customers. All this will depend on the performance of the product after three years of operation. Reference List Baourakis, G., 2004. Marketing trends for organic food in the 21st century, Volume 3 Marketing Trends for Organic Food in the 21st Century. World Scientific Biggs, M., 2006. Overweight and obesity in Australia Web. Web. Hitt, M., et al, 2009, Strategic management: competitiveness and globalization: concepts cases. London, Cengage Learning Hosler, A. S., 2008. Assessing retail fruit and vegetables availability in urban and rural underserved communities, Public health research, practice and policy, 5(4): A123 Web. Morgan, C., 2010. Should the government control; what we can and can not eat? Web. Web. National Institute of Health, 2010. DINE Healthy: Diet improvem ent software Web. Available at:  https://rtips.cancer.gov/rtips/programDetails.do?programId=286002 . Powers, S., 2007. Organic for Health. New York, Sandra Powers Sturm, R., 2005. Childhood obesity- what we can learn from existing data on societal trends, part 1. Public health research, practice, and policy Web. White, Anne, 2010. Why organic Food costs so much Web. Available at:  https://blog.mint.com/trends/organic-food-07082010/ . World Health Organization, 2004. Fruit and vegetable for health, Report of a joint FAO/WHO workshop, Kobe, Japan Web. Available at:  https://www.who.int/dietphysicalactivity/publications/fruit_vegetables_report.pdf .

Integrity in Twelve Angry Men

Integrity in Twelve Angry Men Free Online Research Papers ‘Twelve Angry Men’ is a play, written in 1955 by Reginald Rose, that was later turned into a film. A young delinquent is being prosecuted for murdering his abusive father. The jury are to declare him guilty only if there is no reasonable doubt. 11 of the 12 men are unanimous in the decision that the boy is guilty, but one man feels that the evidence needs to be more carefully thought out before sending him to death. The twelve men sit in a hot room all day, with rising tempers and clashing personalities, and the juror who was once standing alone manages to convince all men to reverse their opinion. Throughout the play, the theme of integrity is developed, and Juror’s 3, 4 and 8 all contribute to the way that integrity is presented, through their actions and comments. Society has certain expectations when it comes to the jury. The jury is expected to make impartial decisions, based on facts alone, without any prejudices, outside influences or personal issues influencing their decision. As the play unfolds, we see a struggle between good and evil, a struggle against prejudices, racism, and a struggle for compassion. Whilst Juror 4 is basing his votes on logic and facts, and is voting fairly, Juror 3 is too caught up in his own personal issues to be fair, and keep calm. Juror 8’s honourable efforts are highly commendable, as, not only did he manage to save a boy’s life, but he stood alone, and stood for what he believed in, to uphold his life values and virtues. Juror 4 shows integrity and uprightness throughout the play, even though he is second last to switch his vote. This is possible because he bases his vote on the evidence given, without overshadowing it with prejudice, emotions, or other issues. He spells out the whole incidence, logically, using the evidence and facts that we’re provided in court, not getting caught up in any prejudices, but presenting the case clearly, logically and organised. He doesn’t think that this case is any reason to joke around, and makes this clear, saying, If you haven’t got anything to add besides jokes, I suggest you listen. He sticks to the facts, and gets on with business. He doesn’t think that a murder case is a place for jokes, and is willing to stand up to those who like to make a very serious circumstance into a joke. He furthers this point later on saying, Gentlemen, this case is based on a reasonable and logical progression of facts. Let’s keep it there. When h e is directly asked by Juror 8 how he can be so sure that the boy is guilty, and have no reasonable doubt, he is the only one that is able to clearly answer him. He based his answer on logic and facts, not influenced by prejudices. He was able to look at the evidence given by the woman and see that this is ‘unshakeable testimony’. But, when the 9th juror discovers a reasonable doubt as to why this may be false, he changes his vote. This change of vote proves to us that he is judging fairly. He is able to prove why he believes the boy is guilty, but when he is faced with reasonable doubt, all that is required to vote not guilty, he changes his vote, as he is being fair and judging with integrity. Juror 3’s actions, comments and attitude helped shape the way that the concept of integrity emerges throughout the play. He is a prime example of the opposite of integrity, especially in comparison to Juror 4 and Juror 8. Juror 3 makes himself known at the beginning of the play as a loud, obnoxious, rude and intimidating character. He believes the boy is guilty, but he is going against what is required of him as a juror, and basing his vote on his own personal issues with his son. He is comparing the boy to his own son, who he had a fight with, and hasn’t seen in two years. At the very end of the play, we see just how much he is basing his opinion on this, from the quote, That goddamn rotten kid. I know him. What they’re like Jeez, I can feel that knife goin’ in. It is part of the jury’s job to fairly judge the accused, and we see a huge lack of integrity from the third juror, by basing his vote on prejudices and irrelevant circumstances. The thir d juror is also very quick to judge and accuse. At the beginning of the play, during the secret ballot, when someone changes their vote, he is the first to falsely tear into juror 5 for changing his vote, even though juror 9 actually changed his vote. He yells at him, accusing him of listening to the ‘golden voiced preacher’ who is supposedly twisting all the evidence. We see no mercy from him, and after the 8th juror convinces 3 more juror’s to change their vote, he thinks everyone is going crazy, saying, I mean, everybody’s heart is starting to bleed for this punk little kid like the President just declared it â€Å"Love Your Underprivileged Brother Week† or something.// At the end of Act 1, we see Juror 3 become furious with the other juror’s for how they are not taking the facts at face value, but looking further into them. He compares Juror 8 with a preacher, with his ‘sanctimonious talk and wild stories’ and accuses the oth er juror’s of being illogical and emotional, instead of sticking to the facts. This accusation is quite hypocritical, as throughout the whole play, we have watched Juror 3’s emotions twist and turn. As the play unfolds, we watch Juror 3’s values differ from what is expected, and fail meet our expectations of upright judging. There were eleven votes for â€Å"guilty†. It’s not easy for me to raise my hand and send a boy off to die without talking about it first. Juror 8 does not know whether or not the boy is guilty or not, no one does, but, he doesn’t believe that the evidence is fool-proof enough to send the boy to death, and therefore, he shows integrity by voting Not Guilty, and standing alone, because he has a reasonable doubt. After the 9th Juror changes his vote in the secret ballot, he justifies his vote saying, Well, it’s not easy to stand alone against the ridicule of others. He gambled for support and I gave it to him. I respect his motives. The 9th juror respects what the 8th juror is doing, in trying to give the boy a chance. He sees integrity, in the 8th juror’s actions, and because of this, he changes his vote in the secret ballot. Juror 8 knows that a juror’s duty is to judge fairly and without outside influences, and that the boy must be declared guilty unless reasonable doubt is found. He is also aware that it’s very hard to keep personal prejudice out of a thing like this’, but he strives to act with honesty and integrity, and fairly judge the boy. He is against generalising the boys race, and declaring him guilty, simply because of his background, as juror 10 is eager to do, and he is willing to stand alone, in order to fight for what he believes in. He shows compassion for the boy, who has been ‘kicked around all his life’. Juror 8’s actions and comments help shape our understanding of integrity, and what it means in this context, throughout the play. The concept of integrity emerges throughout the play through Juror 8’s actions and comments, as he shows us an example of honesty and uprightness, showing compassion, and stopping his judgement from becoming clouded by irrelevant factors. Juror 4’s example of integrity is different to Juror 9’s, because although he doesn’t show the same kind of compassion that Juror 8 does, he still gives the boy a fair trial, and he bases his vote on what is expected of him- the facts and evidence alone. On the other hand, Juror 3 is a perfect example of the opposite of all Juror 4 and 8 stand for. He lets his own personal issues cloud the facts, and Juror 8’s actions and comments help shape our understanding of integrity, and what it means in this context, throughout the play. He allows his own personality to colour the facts that were representing the case, and voted in a way that pleased himself, instead of fairly and un-influenced. These three Juror’s, a nd their different personalities and values, contributed to the way that integrity was shaped throughout the play, through their actions and comments, and the way they interacted with each other. 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The benefits of international portfolio investment Essay

The benefits of international portfolio investment - Essay Example There are numerous benefits of internationalizing the portfolio. By internationalizing, the individual or firm will be able to minimize the risk; invest in growing markets thus benefiting from their growth; hedge the prices of goods in the consumption basket; enjoy higher return than expected; diversify investments; and enjoy lower variation of return. High economic growth leads to the higher GDP and high growth level. This attract other investors from other countries in invest in the growing economies. Growing economies are determined by the World Bank as the ones which have average income levels but high economic growth levels. These emerging economies can be of Middle East, Asia, Africa or Latin America. The growth levels attract the foreign investment which further improves their economy. These economies including some of the developed ones such as Japan and Netherlands provide tremendous opportunities to foreign investors. The financial investment in these countries enable indiv iduals and firm to increase their investment by two fold within a couple of years. Hence, it is seen as a good opportunity by investors. However, the small economies are still riskier compared to developed economies. In small economies, the prices might fluctuate rapidly and in case of liquefying the investment, losses might have to be borne. Also, the emerging economies might not be too stable politically. Thus, there is a political risk involved such as instability of political system, change of policies regarding foreign investment and remittances, change in foreign exchange policy and change of property rights. These factors make the investment in emerging markets riskier compared to developed economies where there is political stability. ... (Perry) However, the small economies are still riskier compared to developed economies. In small economies, the prices might fluctuate rapidly and in case of liquefying the investment, losses might have to be borne. Also, the emerging economies might not be too stable politically. Thus, there is a political risk involved such as instability of political system, change of policies regarding foreign investment and remittances, change in foreign exchange policy and change of property rights. These factors make the investment in emerging markets riskier compared to developed economies where there is political stability. (Yavas, 2007) In contrast to this, the overall portfolio risk will be reduced because there will be less, no or negative correlation between markets which will be beneficial for the investor. On the other hand, there is a difference in taxes, potential information and forecasts. Some of the forecast made by countries might differ significantly from actual result. Thus, th e exact picture or perfect information regarding investment might not be available. The markets are seemed to have integrated over the years and are considered negatively or not at all correlated to each other. Thus, the investors benefit from investing worldwide because it one investment’s return are falling, other investment’s return might increase or remain same. Thus, the investor will be better off. However, each country has its own investing and currency exchange policy which might be a hindrance for the investor. The investor benefits from ‘pure diversification’ by investing worldwide but might face policy restrictions. (Bartram & Dufey, 2001) Factor influencing the structure of International Portfolio Investment The factors

Change of Mode of Payment Essay Example | Topics and Well Written Essays - 250 words

Change of Mode of Payment - Essay Example All employees must get a voided check or routing number to HR by 24th of September 2014.Paperwork must strictly be completed by fax or in person. Emailing employee bank information will not be allowed at all. Kindly note that this communication must be adhered to by all employees with immediate effect. Thank you for your time, adherence and understanding. When a business makes a credit sale, payment is normally due within a pre-decided period of time, normally 30, 60 or 90 days. Usually, the seller would have to wait for a month or more to receive cash against the sale. But a business may have an immediate requirement for funds. In such a situation, a factor could buy the invoice and pay the seller immediately. In the normal course, the amount paid would be about 80% of the invoice value. Subsequently, on the due date, the factor would collect the entire amount from the buyer. At this point in time, the factor would pay the remaining 20% of the invoice value to the seller after deducting its charges.

INTERNATIONAL BUSINESS AND GLOBALIZATION (MARKET EVALUATION AND Research Paper

INTERNATIONAL BUSINESS AND GLOBALIZATION (MARKET EVALUATION AND STRATEGIC PLANNING PROJECT) - Research Paper Example By providing an overview of the geographical markets, overall sales/market share, expectation for future sales growth, profitability potential, and seeking to analyze and understand the firm’s geographic growth strategy, the reader/researcher is able to determine a great deal with regards to what may take place within the future without ever having to suffer the risk and danger of blindly testing a highly costly product line in a market or with a given demographic of the consumer base that would ultimately reject it. Background Begun in 1959, Dubai Refreshments originally was located on Maktoum Street in central Dubai. In such a way, it comes as no surprise that the full power of the most potent geographic market for the firm’s offerings exists within the continents of Africa and Asia. Although the firm has experienced a great deal of growth domestically, it has yet to fully leverage a degree of potential international growth. In such a fashion, for the nation of the Un ited Arab Emirates, Dubai Refreshments exhibits nearly a 70% market share with regards to energy drinks. Similarly, due to the fact that population of Dubai and the surrounding region has grown exponentially within the past several decades, the firm is able to integrate its products with a broader and broader market segment than it would have before thought possible. As a direct result of this, profitability has increased alongside this population growth. Although Dubai Refreshments is considered a bonafide distributor of PepsiCo drinks, the firm in and of itself exhibits complete autonomy and is not a subsidiary of the global beverage giant. Such a level of autonomy means that Dubai Refreshments is able to integrate within the global market and seek to leverage a degree of success for itself without being under the constraints of any contractual obligations or limitations placed upon it by a third party or ultimate conglomerate of ownership. Market Analysis/Evaluation Although it i s ultimately the intention of Dubai Refreshments to engage in a broad marketing plan that will see each and every one of its sectors grow in overall sales, the purpose of this specific strategy is with regards to seeking to leverage a degree of growth within the market of Vietnam; seeking to promote the drink company in an emerging market as a means of breaking out from the formerly â€Å"domestic only† lable that the firm has crafted for itself. As will be discussed below in the analysis, the reasons for choosing Vietnam are multiple; however, the nation itself has not been chosen merely on one or two determinants. Rather, it has been chosen due to the fact that it is the belief of these authors that this particular nation represents the greatest overall possibility with regards to future growth and international development of the brand. Social Issues Although long overlooked as something of a backwater communist relic, the nation of Vietnam has experienced a rapid amount o f economic growth within the past several years. Due to the rapid level of economic growth, the human development Index and the gross domestic product of the nation of Vietnam has risen precipitously alongside this form of development. A further reason why the nation of Vietnam is been chosen with regards to the international expansion of Dubai

Returning to School Essay Example for Free

Returning to School Essay Pregnant at seventeen and no foundation of stability, I dropped out of school to prepare to raise my child. I then began to struggle and had a hard time making ends meet, so at that time I got on track to seek help and guidance. I started the process to get enrolled in school but backed out due to finding out at nineteen I was expecting my second child. I finally went back to school and got my GED and graduated my program in summer of 2010. I walked across the stage to receive my diploma carrying my son Joziah Jah’Von (5 months) and holding my daughter Ajiona Amory’s hand (2 years). I was very proud and felt extremely accomplished. The importance returning to school will have on my life is that I will be able to provide a stable life for my children, become successful and self-fulfilled through a career in business, and rise above the negative expectations some people have of me. Being a young mother of two children, I had a rough time finding childcare and being comfortable with strangers caring for my babies. I tried to find work but wasn’t able to find flexible hours. I was at a hard spot in my life. I didn’t know what step to make. I enrolled in cosmetology school and did the best at my classwork and tests but my attendance was poor due to unreliable sitters. I ended up withdrawing from the program to be a mother to my children. Two years later I am now a mother to three intelligent, beautiful, amazing children. I want nothing but the best for them so I’ve decided to make the best move to better our futures and got back on the wagon and got my head back in the books. Returning to school is the best decision I could’ve made for my family. We now have a chance at success and stability. Not having much stability present in my childhood is why I want more for my children. Growing up in a broken home, constantly moving, my mother struggling to make ends meet, and not having happy memories; was miserable. As a child, I always promised myself I’d do whatever it took to make sure my children never had to experience what I did. But I feel I failed my babies, because it has taken me so long to get on track and we have been in a struggle. I am upset that I allowed them to experience not having stability in their lives. But things will now be different. Ajiona Amory, Joziah Jah’Von and Marcella Pamela are my life, my reason for living, my everything and I will give them the best of the best. I am dedicated and devoted to my family; I’ll do whatever it takes to make sure they have the greatest lives I can possibly give them. I want my daughters and my son to be happy and have what they need. I never want to see them wanting or needing anything. My children and I have struggled enough throughout the years, it’s our time to rise above and live the lives we deserve. School will help me to do so and I want stop until they have it all. Education is one of the keys that will open many doors for us. By furthering my education it will help me to get a good job so that I won’t struggle to make ends meet and it will help to keep stability in our lives. With the struggles and lack stability I now am ready to be successful and do what needs to be done for my family. I, Angelique, have always wanted and dreamt of being the successful business type. I’ve always wanted to wear the fancy suits and the sexy heels, while carrying a leather brief case. It’s something I just never stopped wanting, no matter what other careers came my way. Desiring to be successful and have power, respect and money; I knew a good career was the only way. There is no room for trial and error. I got 100 percent devotion and motivation to fulfill my dream get the job I’ve always wanted and I deserve to have. Nothing will stand in my way; I’m on the rise to the top. Majoring in business and management is the start to our new life, new beginnings, new ways and new accomplishments. Finally with striving to have a good professional career and stability, I am ready to prove everyone wrong. I have always had family, friends, and others downing and doubting me, telling me I’ll never amount to nothing nor be a somebody. Not having the support and extra push from the ones that you think love and care for you really take a toll on you in every aspect of life and emotion. But dwelling will hold you back. Yes I have failed myself by not following through with things I have started but I had my reasoning-‘s. I taught myself to take the positive and negative criticism and shift what you can use out and just toss the unnecessary shit aside and keep moving forward. If you sit and ponder on why no wants to see you succeed and why they strive to see you fail, it will eat you alive and stop you from doing what it is that you want to do. It will disable you to be motivated and crush your dreams and dedication. Never let someone reserve space in your mind to the point it stops your life. If they hate they hate. Stand up, smile and strive for the top and don’t stop until you’ve reached it. Prove that you can be who you want to be and that they can’t stop your shine. I as a single mother will keep moving forward and never again let a negative empower me and my life. Indeed, while I have made mistakes, and they pierced my will power to stay motivated these failures also made me work harder to succeed. Being a young mother is very hard and has its ups and downs. But just because I now have major responsibilities on my hands doesn’t mean I won’t be able to travel smooth roads throughout life. I will cross the bumps and dips in life but its normal; everyone goes through it here and there. It now has showed me that it’s okay to fall off the horse a few times but it is most important for me to get up and keep trying until I get it right and succeed. Returning to school was the best choice I could make for not only myself but for my children. Wanting nothing but the best for my family I decided to make the best move to better our futures and got up, got back on the wagon and got my head back in the books. Now having a chance at success and stability, we are happy and anxiously waiting to rise above the negative and evil.

An Annotation of Emily Dickinsons I Heard a Fly Buzz When I Died Essay

An Annotation of Emily Dickinson's I Heard a Fly Buzz When I Died Emily Dickinson's poem "I Heard a Fly Buzz When I Died" is centralized on the events of death and is spoken through the voice of the dying person. The poem explores both the meaning of life and death through the speaker and the significant incidents at the time of near death that the speaker notices. Many of Dickinson's poems contain a theme of death that searches to find meaning and the ability to cope with the inevitable. This poem is no exception to this traditional Dickinson theme; however its unusual comparisons and language about death set it apart from how one would view a typically tragic event. I Heard a Fly Buzz When I Died by Emily Dickinson I heard a fly buzz - when I died - The Stillness in the Room Was like the Stillness in the Air - Between the Heaves of Storm - The Eyes around - had wrung them dry - And Breaths were gathering firm For that last Onset - when the King Be witnessed - in the Room - I willed my Keepsakes - Signed away What portion of me be Assignable - and then it was There interposed a Fly - With Blue - uncertain stumbling Buzz - Between the light - and me - And then the Windows failed - and then I could not see to see - In this first stanza, the scene of a deathbed is set. No specifics are given about the room, the dying speaker, or the people that wait in the room for an outcome. The fly is introduced and its significance is not explained as of yet. One detail that is heavily stressed is "stillness in the room." The word stillness is repeated and compared with the calm in a storm. This suggests two things: the motionlessness of death and the anticipation of something yet to come. The calm within t... ...y examined for the beauty and grace of God. In this poem, however, the fly is a messenger to the speaker. The fly's presence both comforts and informs the speaker about death and the appreciation of life. By choosing this creature, Dickinson portrays the beauty in every living thing: even the pesky fly has a purpose and a place on earth and in life. The poem also explains what the dying is experiencing, but it strays away from describing pain and fear and concentrates on how the speaker pays close attention to those that will continue to live. The speaker hopes to leaving something significant behind other than just material goods. She also notices that in the surreal moments before death, the stillness in the room encompasses everyone and everything, including even the air that fills the room. These elements work together to expose the beauty and serenity of death.