Wednesday, May 6, 2020
Kfc Markting free essay sample
Frame work: In Macro environment there are many factors that will effect the decision making in any organisation. To overcome and analyse these factors organisation can categories it in to PESTLE model which is considered as below. The macro-environmental or external factors of KFC can be identified by using PESTLE analysis which stands for Political, Economic, Social, Technology, Legal and Environmental. Political factors: This factor mainly deals with the government policies and procedures which is worked out through legislation and consists of all legal factors such as How stable is the political environment? Government position on market ethics Government view on culture and religion Government policy on Economy Taxation policy on tax rates and incentives These are some of the political factors that include legal issues, government implementations and define both the formal and informal rules under which the organization must be operated. Economic factor: KFC organization is affected with national and global economic factors such as Cost of labour, Interest and Inflation rates, Economic growth rates, Business cycle stage (e. We will write a custom essay sample on Kfc Markting or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page g. recession, recovery) and Unemployment rates. Due to recession the income of the KFC has consistently dropped down and most of the employees were jobless and the rest employees were employed for very few hours also the organisation had to cut down their budget. Social factor: It includes the cultural and demographic aspects of the external macro environment. The potential of the employees who come from different back grounds and work together in the KFC and customer trends and aspect which the KFC has to consider as per their needs and wants of the customer such as changes in lifestyles, Level of education, Value in society, Demographics (age, sex, race etc. ,) and Change in consumer needs and wants. The U. K people are mostly dependent of the fast food centres as they find very busy with their schedules. Technological factor: This factor is the major driver of globalization which reduces the minimum efficient of production levels and some of the technological factors are recent technological developments, Rate of technology changes, Alternative way of providing services, New discoveries, Communication technology. The technology has now become the most important aspect in KFC as when the customers are mostly delighted and satisfied with service including latest technology that is available in the KFC. The latest Technological methods that are used to serve the customer faster are such as digital screens, wireless headphones for the staff, cooking utensils. Legal factor: The KFC has to maintain the rules and regulations related to the hygiene factors such as like employee proper training regarding the food and safety, personal hygiene, clean work environment and proper use of the utensils. This also deals with the legal environment in which the firms operate like the U. K has come up with the introduction of age discrimination legislation and increase in the minimum wage and greater requirement of recycles. When speaking about the hygiene itââ¬â¢s a very true example were KFC had to bare the high penalty because of failing in maintaining food hygiene. A Kentucky Fried Chicken restaurant at the Hernston Business Park in Bridgend has been fined a record ? 24,000 plus costs of ? 2,000 after pleading guilty at Bridgend Magistrates Court to multiple food hygiene offences the largest penalty handed out to date for such offences in Bridgend County Borough. Bridgend County Borough Council brought two prosecutions against KFC (GB) Ltd result ing from inspections completed by the Public Protection team on 25 September 2005 and 22 May 2006. â⬠Ref: http://www. bridgend. gov. k/web/groups/public/documents/press_release/018326. hcsp http://www. oup. com/uk/orc/bin/9780199296378/01student/additional/page_12. htm Environment factor: KFC by considering the environmental factor has proved to be quite friendly towards environment where it uses the paper material for the food and services carrying instead of plastic to help in reducing the global warming though it cost very high for the organisation to adopt paper materials such as paper plates, paper boxes for food parcel, glasses and cups etc. 3. The Swot Matrix The SWOT analysis is an extremely useful tool for understanding and decision making for all sorts of situation in KFC organisation. The SWOT is acronym for Strengths, Weakness, Opportunities, Threats. SWOT provides a good frame work for reviewing stratergy, position and direction of a company or business propositio n. Need an essay? You can buy essay help from us today!
Tuesday, May 5, 2020
Implications of Corporate Governance and Ethics in Organizations
Question: Discuss about the Implications of Corporate Governance and Ethics in Organizations. Answer: Introduction In this world where we are day in day out working for making sure that the world is a better place to live in, there is even a necessity of having the right pedagogies for the same. Moreover, as far as the role of corporates is considered, here there can be a lot of examples of having the implications of ethics and corporate governance and even riskmanagement being applied in to reap benefits of such impacts. In this corporate world where staying aware of the earth is so key, same is in like manner anticipated that would guarantee that there is an extraordinary relationship with the shareholders and significantly more create. The CSR and the morals are kept in a state of harmony by ensuring that there is an appropriate channelization so that the partners can get all the coveted outcomes. This essay manages to cover that what are the implications and effects of applying ethics, riskmanagement and corporate governance in knowing early circumstances from the partner administration to incredible work hones. Middle There have been many organizations who has gone past in not just working to have reasonable working measures, however, has even ensured that the earth in which they are living and being a colossal benefit making organization they deal with that condition also. This is where there will be a discussion of many such companies who have been working with corporate governance and have been achieving a lot. Yes, there might be a lot of time taking processes in decision making and a lot of costs is also involved in applying for riskmanagement processes along with ethics. But if we talk about that there is a channel which is followed and there is proper management of the same, the effect of having corporate governance is immense. With the proper hierarchy of information sharing followed, there might be many requirements externally and internally but when the audits will happen, nobody can actually question your company about the ways you have been working and dealing with work and other requirements. There can be even being propermanagement of audit procedures and requirements, and then there might be a good way of showcasing the way the organization works. Ethics which is the principle part even holds the representatives and even draws in new ones since they can be rest guaranteed as far as in what sort of organization they are working and parcels more. (Black et. al. 2003) As indicated by Ruddock, Taylor and Taylor (2004), there is no confirmation of a positive connection between corporate governance and additional charges that of audit and all. These outcomes recommend that advertise motivating forces are transcendent, and the creators closed that the endeavors of controllers to confine non-review administrations and other checks try not to ensure freedom. Internally if we talk about, with the auditors coming from outside, there will be a lot of cost involved and moreover applying the ethics and properly executing the corporate governance structures. The requirements for the same will be that there should be proper control on the interest of all the stakeholders and moreover there should also be a proper requirement of the trust of the both parties. The internal audit process is the organization which actually sees that whether we are able to achieve the desired business objectives and also making sure that there is a proper alignment in corporate governance structure in the company. External audit process actually runs with the accounting processes that whether there is a proper accounting standard being followed or not since the accounting misfits need to be judged properly and here is where risk management is applied and a proper thing needs to be organized. The consequences of Larcker and Richardson (2003) are predictable with the past outcomes; nonetheless, while assessing a specific group of organizations, they found a positive connection between use of risk management programs and other ethics with additional expense. The attributes of these organizations appear how corporate administration can be identified with the autonomy of the review, including, for instance, the diminished interest of stakeholders and the more noteworthy interest of insiders, littler sheets and review boards of trustees, what's more, a lower rate of autonomous individuals in these bodies. In surveying the administration instrument spoken to by proprietorship structures, Mitra and Hossain (2007) presumed that the nearness of advanced financial specialists, for example, institutional financial specialists, instigates firms to contract less non-review administrations. As indicated by Zaman, Hudaib, and Haniffa (2011), checking by a more compelling review board of trustees (more noteworthy freedom, experience, ingenuity, and size) has a positive association with additional charge, particularly for expansive clients. And this explains that with ethics being in play and corporate governance with risk management taken into account, there will extra costs and even as far as audit requirements are concerned- they tend to increase a lot. But this creates a good image of your company in front of auditor and the world as well. As these will be the results which will be shared which decide the fate of your company. The more prominent many-sided quality of exercises in bigger organizations can clarify this impact. The present research which has been done by many exhibits that the relationship between corporate governance and the cost of audit services, there is a requirement of the same. And if we talk about the kind of strategy a company applies to curb the risks under risk management and corporate governance, Nike has been doing amazing work since years which have made them learn that it's better to invest than to regret later. Earlier when so many organizations in the past have not looked after being ethical enough, they weren't able to actually get through the same but now when they applied and worked for the society, it became a part of their activities. They have been remaining mindful of their Corporate Responsibility (CR) get ready which was simply renaming its position on supportability for the movement of the broad number of associates included. They even focused on different changes in their supply chains which will guarantee that the work which they are doing is making the natural modify stable. With this they had an approach to ensuring that they are working while in the meantime looking out for the general cases of rising masses; diminish in nature of condition around us. They have had the ability to change the supply change organization absolutely in which they are the best pioneers. (Berkhout, 2005) In many companies globally, the risk effect seems to predominate, i.e., if the governance is good then it reduces the independent audit's risk which then results in a reduction of the fees. The quality of governance was assessed through various measures which were related to the structure of ownership, the governance and whether there is an audit committee and internal audit department. Conclusion Despite the fact that the global writing demonstrates both positive and negative connections, particularly in created markets with scattered proprietorship, the positive relationship is more continuous. When one of these organizations gives the review benefit, the cost is higher, which appears to affirm the brand premium idea distinguished by Craswell, Francis, and Taylor (1995). In spite of studies not being consensual with respect to the positive connection between the cost of these administrations and the loss of freedom of the review, this practice keeps on being perceived as possibly trading off the fairness of the autonomous inspector. And thus there might be many costs but the way you manage it makes all the difference. Thus if there is a proper management of the work, then there can be low costs and reduction in the fees of auditors as mentioned as well. References Berkhout, T. (2005). Corporate gains: Corporate social responsibility can be the strategic engine for long-term corporate profits and responsible social development. Alternatives Journal, 31(1), 1518. Black, L. D., Hartel, C. E. J.(2003). The five capabilities of socially responsible companies. The Journal of Public Affairs, 4, 125144. Craswell, A. T., Francis, J. R., Taylor, S. L. (1995). Auditor brand name reputations and industry specializations. Journal of Accounting and Economics, 20 (3), 297-322 Doorey, D. (2011). The Transparent Supply Chain: From Resistance to Implementation at Nike and Levi-Strauss. InJournal of Business Ethics(4th ed., Vol. 103, pp. 587603). Springer. Larcker, D. F., Richardson, S. A. (2003). Corporate governance, fees for non-audit services and accrual choices. Recuperado em 5 April, 2011, de https://ssrn.com/abstract=394441. Mitra, S., Hossain, M. (2007). Ownership composition and non-audit service fees. Journal of Business Research, 60 (4), 348-356. Tebo, P. V. (2005). Building business value through sustainable growth. Research Technology Management, 48(5), 2832. Waddell, S. (2007) Realizing global change: Developing the tools; building the infrastructure. Journal of Corporate Citizenship, 26, 6984. Van Kleef, J. A. G., Roome, N. (2007). Developing capabilities and competence for sustainable business management as innovation: A research agenda. Journal of Cleaner Production, 15, 3851 Utting, P.(2005). Corporate responsibility and the movement of business. Development in Practice, 14(34), 375388. Zaman, M., Hudaib, M., Haniffa, R. (2011). Corporate governance quality, audit fees and non-audit services fees. Journal of Business Finance Accounting, 38 (1), 165-197.
Monday, April 13, 2020
Metamorphosis Of Narcissus - Salvador Dali Essays - Modern Painters
Metamorphosis of Narcissus - Salvador Dali Metamorphosis of Narcissus - Salvador Dali The painting Metamorphosis of Narcissus was created in 1937 by oil on canvas by Salvador Dali. This painting uses a lot of images to say what it means, for example, a person, a hand, water, a starving dog, a chess board, a canyon or cliff, and people. This is not to fill the paper or distract the viewer from the suggested meaning or point, but to support the idea that hope and despair are reflections of one another; on opposite sides of a coin, spinning in mid-air, waiting to land and fix or destroy everything. The first thing that one thinks upon first seeing it, from far away, is that Dali just painted the same thing twice. From afar, it appears as if he simply cut the canvas down the middle and made one side brown and the other blue, but on closer inspection, one sees that the two sides, although very similar, are nothing alike. On one side, there sits a limp body staring at the reflection of herself in the water that she sinks in. The setting sun glistens off the back of her head, but she just wallows in grim depression and boredom. The canyons trap her in the barren wasteland as she sits motionless, without movement, struggle, or life. This mysterious figure looks so vacant that it might as well be dead. Nothing is happening on this side, so one's attention is directed to the other. On the other side, a blue decaying hand emerges from the ground with ants crawling on it, possibly making their homes in it or finding food on it. Atop this pedestal, rests an egg with a flower sprouting from it. This display of life emerging from the dead is a symbol of hope and beauty. To the left of the hand, a very unhealthy malnourished dog feasts on fresh meat; his salvation is handed to him and he survives. Behind the dog is a chess board with a young man in the middle of it, proudly surveying the battlefield as though it were his kingdom. To his left are people on a road that leads off into the horizon. All these things symbolize new beginnings out of old life and hope from death. The message that Salvador Dali was trying to get across is that hope and despair, failure and victory, and life and death are all equal forces, each one pulling the other in an eternal war to balance everything. It's all a cycle, and like all cycles, it repeats itself forever and ever, and there's no way of having one without the other. Guemica - Pablo Picasso Pablo Picasso's "Guernica" Pablo Picasso's painting entitled "Guernica" has been a masterpiece of modern art since it's first appearance at the World Fair's Fair of 1937. The huge mural has become an icon of Picasso's work and has been interpreted in several unique ways, many of which contradict Picasso's actual intentions. Artistically, the composition is balanced and is a characteristic of Picasso's work; perfectly planned and flowing. The symbols of this piece despite the misconceptions of it's many critics, including those present at the World's Fair in the year that the painting was introduced, were clearly defined by Picasso himself. The preliminary sketches of the work began in May of 1937, and was commissioned by the official Republican government of Spain in January of the same year. It was to be displayed in the International Spanish Pavilion at the 1937 International Exhibition, or as it is more popularly known, the World's Fair. Picasso was given a large studio in which to conduct his artistic endeavors in partial payment for the work which was being done. Picasso went through many artistic periods throughout his career as an artist, one of which was cubism. In a few ways, Guernica, somewhat broke from the traditional cubism which he had a hand in inventing. The painting makes use of a two dimensional picture plain with all of the objects on the canvas appear flat looking as is dictated by the cubism style. The picture plain is not, however, fractured like many of the previous works which were categorized under the same style. Picasso's reason for painting Guernica has been disputed by the many art critics of modern art, but perhaps the most accurate summary is the genius himself. Picasso explained that the work was not specifically about the bombing of Guernica, nor was it specifically about the Spanish Civil War which was the culprit in this destructive incident. It was rather a
Saturday, April 11, 2020
Essay Topics - Core College Application Essay Topics
Essay Topics - Core College Application Essay TopicsThe basic college application essay topics are essentially the same as they have been since the early days of our history. We've all read them, and most of us have submitted them to several colleges, and still do. The trick is not just to supply a short summary of your skills and interests, but to make sure that the subject of your application essay is at the forefront of your mind throughout the entire process.There are a few of the basics to college application essay topics that you should look at and contemplate. It's no secret that applicants with formal education in a particular field will be better candidates for a specific college, especially if that school has been very selective in its admissions. In this case, using college application essay topics that relate to these specialties can be extremely beneficial.One of the fundamental principles of college application essays that is relevant to any field of study is that writi ng must not only be meaningful but it must also be relevant. College students who are applying to a business school will, understandably, be more interested in an application essay topic that is specific to a business than a field like astronomy. When you're writing an essay about something that you actually want to do, you want to be able to describe it in great detail, not just list possible career goals. This is a concept that is quite important in business, and even more so in college applications.Students who wish to enter a career field that is in demand are going to be looking for specific topics when they apply to a college. Whether it's law medicine, or engineering, they will want to know whether they're going to be accepted into the school based on their specific talents, or on their grades and other academic traits. It's very difficult to write an essay on a school's business side when you are not even sure if you'll be accepted, let alone understand if you will be accept ed.Many people write essays that are very skill-based topics. Instead of writing about a field, they are basically writing about themselves. These writers are great for major programs like medical school, where there are just a few schools that accept students who want to focus on medical education. For the application essay, however, you will want to be sure that you have a very specific topic that is focused on your expertise.If you are applying to a nursing program, for example, you may want to focus on the skills that you already have that will be needed in that field. You may want to describe your experiences in nursing to try to illustrate how you will be successful in the field. Or you may want to present a project that you have worked on, which you hope to pass on to the nurses who will be in your class. Your application essay topics should be specific to your talents, so that your essay will be one that is greatly improved by you have all of the skills needed to succeed.As you consider college application essay topics, consider all of the skills and knowledge that you have, and the field of study that you want to enter. Use these basic elements to make sure that you really do have the application essay topics that you will want to submit to colleges, and to find the program that you feel is the best fit for you.
Wednesday, March 11, 2020
How does Shakespeare demonstrate that love and friendship can overcome greed in the Merchant of Venice Essay Example
How does Shakespeare demonstrate that love and friendship can overcome greed in the Merchant of Venice Essay Example How does Shakespeare demonstrate that love and friendship can overcome greed in the Merchant of Venice Paper How does Shakespeare demonstrate that love and friendship can overcome greed in the Merchant of Venice Paper but he not only felt angry, he damned her. She did what she did for the sake of love, but even so stealing from her father shows her greed, and in a way, shows how she takes after him in being greedy. In this case, both love and greed instigated the actions of Jessica, a combination which doesnt occur with any other character in the play. Indeed, the eloping and unification of Jessica and Lorenzo is a very significant part of the play, as at the time it was written, Jewish people were seen as outcasts in England. Therefore the fact that Jessica converted to Christianity may have been more of a significant talking point 500 years ago than it is now. Jessica always had a slightly awkward relationship with her father, Shylock. It pinnacle of this awkward relationship was her change of religion, which completely distanced her from her father. Both characters were greedy people, but perhaps in different ways, and relatives with similar personalities are known to clash. Her relationship was the mirror opposite to that of Portia and her father. We dont know how they got on, but we do know that Portia respected her fathers wishes and had faith in him. This could not be said for Jessica. She turned on him (by stealing and rebelling) as quickly as he turned on her (damning her). This perhaps could have been because she was a Jewish girl growing up in England, and she rebelled. Portia was probably brought up as a little princess and so had nothing but admiration for her father. Each girls social, cultural and historical background contributed to how they grew up and in turn got on with their parents. Throughout the play Shakespeare demonstrates different types of love and greed, and the different effects each of these can have. Antonio and Bassanio have a friendship almost comparable to love, indeed it could be called love. Ruthless and uncompassionate behaviour is shown by Shylock, seeking only his own way. This is a form of greed. The love between Jessica and Lorenzo is a love so powerful that it completely destroyed Jessicas relationship with her father, a sacrifice which she was willing to make. This is a different sort of love to that of Antonio and Bassanio, but both lead to hazardous situations. Why did Shakespeare demonstrate so many types of love, compassion, greed, anger and friendship? The repercussions of each was distinctive, and would perhaps show the audience what it would be like to be in each given situation. It could serve as a warning to show what happens when love becomes uncontrollably powerful, or when greed takes control of a person. What the play does show, is that no matter how good natured a person is, love does not always overcome greed, and that both emotions can make you blind to the truth.
Monday, February 24, 2020
Mix design report Essay Example | Topics and Well Written Essays - 500 words
Mix design report - Essay Example The education at the high school level is a strength that can translate to economic boost since there is about 90% of the populations aged 25years and above with this basic education. This is a true since when majority of natives have basic education they are keen and understands the work they do hence quality services Another strength that the city of London enjoys is that few people (8%) leave below poverty index. There is promise that this figure could go down due to the presence of royal opera house which creates job to many young people. The figure is also smaller nationally. The poverty index used here was an index of 1.5. Another weakness is seen in marginalization and gender disparity. Although the ratio between women to men is almost 1:1, women are restricted in owning farms and occupying leadership positions. The data under London county was suppressed implying that there were confidentially with the data for public access which is a weakness The increase in population is a weakness to the government .This is because the government should put up measures to curb the ever rising rate of population. The more the population the more burdensome and budgetary constraints to the government. The priority for the government is to create more resources for development and infrastructural alignment. Comparatively, the population keeps rising from 2000 upto 2003 projection. The manufacturerââ¬â¢s shipment stands at about $300Million. This although still below the expected level of industrialization, it offers the opportunity for more shipments and revenue generation for the states. This is also seen as a pointer towards creation of jobs for the young people. It is also seen as an opportunity to increase the bilateral trades and ties with the regional and counterparts countries The number of retail sales also offers the opportunity for business and trade. It can be seen that the number of retails sales significantly
Friday, February 7, 2020
Leveraged Buyouts and Private Equity Essay Example | Topics and Well Written Essays - 3250 words
Leveraged Buyouts and Private Equity - Essay Example According to the research findings leveraged buyout first came into the picture as an important phenomenon in 1980s. It was predicted that these types of organizations would form the major portion of organization which will eventually become the dominant one. These types of private equity firms involved themselves in various measures like providing incentives based on managerial abilities, and introduced the concept of active governance. They relied upon the possibility of junk bond financing. A few years later the junk bond market crashed resulting in bankruptcy of several leveraged buyouts and the leveraged buyouts of public to private transactions vanished in the starting phases of 1990s. But the market of leveraged buyout was also suffering a gloomy phase as the private equity firms continued their operation by acquiring private companies. The US experienced the boom in market of leveraged buyout in the mid 2000s. The evidences supported by various researches on some selected com panies reveals that private equity investors took the advantages of time factor between the debt and equity markets. The importance of leveraged buyout lies in the usage of financial leverage in order to strengthen the acquisition of the company that has been targeted. The generated cash flow from the bought out business is used to cover he debt incurred in the acquisition. The debt holders are usually expected to earn affixed return while the equity holders seem to grasp all the benefits in a successful buyout. The factors that influence a good leverage buyout includes strong consumer base, small amount of debt on balance sheet, the management team consisting of dependable hands and continuous cash flow (Tuck School of Business at Dartmouth , 2003, p.p. 7-8). Private equity firms Private equity firms are characterized by firms where general partners take the initiative to manage funds while the other partners take the responsibility to provide capital. The limited partners comprise of pension funds, wealthy individuals, and companies operating in the insurance sector. It is important for a partner to contribute to at least 1 percent of the wealth of the firm. The private equity firms has the opportunity to invest the committed capital for at least five years but the period can be extended to ten to thirteen years to return the capital. Again the fund has the life of ten fixed years but can have the extension to thirteen. The limited has little liability in the working of the capital as long as the initial agreements are met. The agreements include restrictions on the amount of capital that can be invested in a company, the particular form of securities in which to invest, and on the level of debt. There are three ways to compensate a general partner. With an annual management fee which is usually a portion of the committed capital and then as a portion of capital employed when the investments are realized. The general partners also earn a share of the profits and they can also charge fees for deal and monitoring to the companies where they put their money in. Portfolio
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