Friday, December 27, 2019

Pros And Cons Of Vaccines - 1880 Words

Vaccinations have been extremely important in the United States of America for as long as they have been around. The first vaccination was in the year of 1796, when Edward Jenner created the first smallpox vaccination. A vaccine, also known as an immunization is a â€Å"biological preparation that provides active acquired immunity to a particular disease,† (American Academy of Pediatrics, 3). The American Academy of Pediatrics states that most childhood vaccines are 90%-99% effective in preventing disease,† and that Vaccines Save 2.5 million children from diseases every single year. There are 10 vaccines that are critical for human health, and below each vaccine is laid out on what the vaccine is, the risks, and how they repel diseases.†¦show more content†¦Measles is a very serious contagious disease caused by a virus. It spreads through the air when an infected person coughs or sneezes. Measles starts with a fever, and soon after, it causes a cough, runny nos e, and red eyes. â€Å"Measles is seldom given as an individual vaccine and is often given in combination with mumps and rubella.† (Sousa, S 14). The Center for Disease Control (CDC) recommends children get two doses of MMR vaccine, starting with the first dose at 12 through to 15 months of age, and the second dose between the ages of 4 and 6. The measles vaccination was invented in 1963, when more than 500,000 Americans had measles which killed nearly 1 in 1,000 (site source). As far as risks of the measles vaccine, again, like any other medicine, the vaccine is capable of causing serious problems, such as severe allergic reactions. The risk of MMR vaccine causing serious harm or death is extremely small. Most people who obtain the MMR vaccine rarely have any problems with the vaccine. Mild problems may be a fever, mild rash, and swelling of the glands., and Ssevere problems which are very rare consists of deafness, long term seizures, coma, or permanent brain damage, again which is very uncommon and rare. There is a common myth that sweeps around the world that states the the MMR vaccine causes autism. In reality, this widely believed theory has been thoroughly disproved by (14 separate studies conducted on hundreds of thousands ofShow MoreRelatedPros And Cons Of Vaccines1478 Words   |  6 PagesNatalie Cardenas Nicholas Morris English 121 10/03/2017 Should vaccines be mandated? Vaccines have become an important innovation to health throughout the years. A vaccine is a product that produces immunity from a disease and can be given by the nose or the mouth. The word â€Å"vaccines† comes from a disease that occurred ages ago named cowpox that affected cows. The word vaccine is derived from the latin word â€Å"vacca† meaning cow.   Vaccines cause immunization, a process by which a person becomes protectedRead MoreVaccines : The Causative Agent Of A Disease Essay1378 Words   |  6 PagesA Vaccine is defined as, â€Å"A substance used to stimulate the production of antibodies and provide immunity against one or several diseases, prepared from the causative agent of a disease. Its products treated to act as an antigen without inducing the disease.† Vaccines have been around for hundreds of years. It is believed that the first unofficial vaccine was created in 1661 by a Chinese Emperor. Throughout the years, vaccines have become more advanced. For example, in 1955, public vaccination forRead MoreVaccines : Vaccines Are Defined By Vaccines Essay1679 Words   |  7 PagesVaccines, What You Need to Know Vaccines are defined by vaccines.org as  a product that produces immunity from a disease and can be administered through needle injections, by mouth, or by aerosol. Vaccines cause immunity to certain diseases and are administered worldwide. They have been proven to be safe, effective, and they work with one’s immune system to prevent diseases which protects individuals and their communities. Every child that is vaccinated goes on a specific journey and receives certainRead MoreVaccines Are Defined By Vaccines Essay1673 Words   |  7 PagesVaccines are defined by vaccines.org as  a product that produces immunity from a disease and can be administered through needle injections, by mouth, or by aerosol. Vaccines cause immunity to certain diseases and are administered worldwide. They have been proven to be safe, effective, and they work with one’s immune system to prevent diseases which protects individuals and their communities. Every child that is vaccinated goes on a specific journey and receives certain vaccines at different timesRead MoreShould Vaccines Be Required By Law?1670 Words   |  7 PagesShould Vaccines be Required by Law? Introduction The Center for Disease Control estimated that 732,000 American children have been saved by vaccines in the last ten years. Vaccines should be required by law so that we can protect ourselves by building our immunity to preventable illnesses, in an easy, quick, and inexpensive fashion, helping stop major epidemics, and in conclusion, save lives. Body Con 1 - Vaccines weaken a person s immune system, and can in cases make someone ill. Vaccines are sometimesRead MoreEducating Children From Sickness And Disease1377 Words   |  6 Pagesduties would be administering and the education of vaccines. To explain to parents what the vaccine is for and how to protect their children from sickness and disease. Vaccines are one of the most controversial topic in medicine today. Most new parents take their babies to the doctor to be vaccinated at the recommended times. Over the past many years, there has been several scares concerning the vaccines. Some parents even refuse the vaccines because of the problems. Before parents can make anRead MoreVaccinations Should Be A Big Controversy Essay837 Words   |  4 Pagesside has their own view on the vaccines. Vaccinations are freedom of choice. There are benefits and side effects for each side. In this paper I will be explaining points of views and statistics on each vaccine. Everyone is entitled to their own opinion. In the end you will hear my take on this controversy. History of vaccinations For more than two centuries humans have benefited for vaccines. It all started with a man named Edward Jenner. He discovered a smallpox vaccine in the early 1790’s. If backRead MoreOutline Of An Article On Obesity And Vaccination Essay733 Words   |  3 PagesBarrett, Julia R. Pediatric Vaccines And Neurodevelopment. Environmental Health Perspectives 123.6 (2015): A156. Academic Search Premier. Web. 4 Nov. 2015. This article focuses on a specific ingredient, Thimerosal, and its relationship to autism. The study finds that there is no correlation between the two when used on Macaques who have similar learning and memory processes and social interaction as humans. The main argument is against the link between vaccination and autism and the scholarly articleRead MorePros and Cons to Vaccination in Children1750 Words   |  7 PagesSeptember 1st 2014 Pros and Cons to Vaccinations in Children Almost everyone has heard of the benefits and dangers of childhood vaccines. Parents are especially eager to do what is best for their child to protect him or her. Some people have different opinions on what the best specifically entails when it comes to childhood vaccines. Vaccinations are a controversial discussion as parents question whether it should be mandatory or optional when they feel the cons outweigh the pros. The government saysRead MoreThe HPV Debate Essay699 Words   |  3 PagesCervical cancer is met with a vaccine with both pros and cons to suppress and annihilate it indefinitely. Although both Mike Adams and Arthur Allen inform the audience of the HPV vaccine, Adams vigorously argues, without evidence, that the vaccine is dangerous to humans while Allen is more sedate and discusses opposing sides to the vaccine. The HPV vaccine has its pros and cons to people that it has created debates to come down to the conclusion of a better solution for the drug companies and t he

Thursday, December 19, 2019

Himachal Pradesh - 8795 Words

Himachal Pradesh Himachal Pradesh is a state in Northern India. It is spread over 21,495 sq mi (55,673 km ²)and is bordered by the Indian states of Jammu and Kashmir on the north, Punjab on the west and south-west, Haryana and Uttar Pradesh on the south, Uttarakhand on the south-east and by the Tibet Autonomous Region on the east. The literal meaning of Himachal Pradesh is Region of snowy mountains. Himachal Pradesh was anciently known as Dev Bhumi (The Abode of Gods) and is known to be abundant in natural beauty After the Anglo Gorkha War, the British colonial government came into power. In 1950 Himachal was declared as a union territory but after the State of Himachal Pradesh Act 1971, Himachal emerged as the 18th state of the Republic of†¦show more content†¦The drainage systems of the region are the Chandra Bhaga or the Chenab, the Ravi, the Beas, the Sutlej and the Yamuna. These rivers are perennial and are fed by snow and rainfall. They are protected by an extensive cover of natural vegetation. There is great variation in the climatic conditions of Himachal due to extreme variation in elevation. The climate varies from hot and sub-humid tropical in the southern tracts to cold, alpine and glacial in the northern and eastern mountain ranges with more elevation. The state has areas like Dharamsala that receive very heavy rainfall, as well as those like Lahaul and Spiti that are cold and almost rainless. Broadly Himachal experience three seasons; hot weather season, cold weather season and rainy season. Summer lasts from mid April till the end of June and most parts become very hot (except in alpine zone which experience mild summer) with the average temperature ranging from 28  °C (82  °F) to 32  °C (90  °F). Winter lasts from late November till mid March. Snowfall is common in alpine tracts (generally above 2,200 metres (7,218 ft) i.e. in the Higher and Trans-Himalayan region). Flora and fauna Asian Paradise Flycatcher in Kullu According to 2003 Forest Survey of India report, legally defined forest areas constitute 66.52% of the area of Himachal Pradesh, although area under tree cover is only 25.78%.[18] Vegetation in theShow MoreRelatedHimachal Pradesh an Overview9238 Words   |  37 PagesHimachal Pradesh: the Land of Gods. 10/7/2011 ROSHNI RAMCHANDANI Himachal Pradesh: History and Geography Pre History amp; Early History The history of Himachal Pradesh dates back to around two million years. At this point of time, people lived in the foothills of Himachal Pradesh. These original inhabitants of Himachal, the Kols and the Mundas, were forced by the people of the great Indus valley civilization to move up to the hills. The Indus valley civilization prospered here between 2250Read MoreThe Scenic Beauty Of India1327 Words   |  6 PagesBritish’. It is now the capital of Himachal Pradesh and certainly a delight for the eyes. Shimla is highly appreciated for its tremendous scenic beauty, eternal and ethnic culture. Being the architectural paradise, Shimla flaunts many architectural buildings. Visit Jakhoo Hill, Christ Church, the Ridge, Summer Hill and Tara Devi Mandir. Palampur: the most charming tourist destination The picturesque hill station, Palampur, is located in the Kangra district of Himachal Pradesh and is the most sought afterRead MoreIndian Pilgrimage Centers: Chintpurni893 Words   |  4 PagesArea and travel data Chintpurni is arranged at the height of 940 meters and is part, Una area, Himachal Pradesh. The sanctuary is arranged on one of the most astounding tops of the Sola Singhi extent of knolls. It is something like 3 km west of Bharwain which is placed on the Hoshiarpur - Dharmashala street. This way is some piece of the State Highway system and is regularly kept fit as a fiddle all around the year. Private vehicles are typically not permitted past the Chintpurni transport standRead MoreHindi Seminar2517 Words   |  11 Pageswere brought out in Hindi by the Operation Bihar Jharkhand, Patna and Mission-II during the year 2010. The latest issues of Narmada, Chetna, Smarika and Dhauli, the Hindi in-house magazines of Central Region, Training Institute, Operation Madhya Pradesh and Chhattisgarh and Operation Orissa respectively were also brought out. Besides, the 2nd issue of the in-house Hindi magazine Bhoomanthan of Central Headquarters is presently under process. Translation work Implementation of Hindi Incentive SchemesRead MoreThe Ethics Of Ethics Approval Essay1006 Words   |  5 Pagescounsellors while written consents will be taken from them and confidentiality assured to all those involved. A letter of support from Una district level office will be acquired before the field work. However, Una District AIDS Control Society in Himachal Pradesh will be contacted for a letter of support to undertake research in their area. Additionally, support will be sought to contact ICTCs and local NGOs for disseminating advertisements for the focus group discussion. All co-researchers involved willRead MoreSummary : The Motorbike Excursion 1361 Words   |  6 Pagesone of the longest glacier in the Himalaya. There are some dhabas (Small Food Corners) at Baal offering essential nourishments. You rejoin Leh-Manali highway at Gyamru. At Couple of kilometers approach to Khoksar, viewed as the coldest place in Himachal Pradesh. There s a police check point here and you should get out and sign the enlist. Arrive Chhatru. Overnight at camp in Chhatru. Day 11: Ride Bike Chhatru – Rohtang-La (3950m) – Manali (81 km) Post breakfast ride to Manali. En-route, stop at RohtangRead MoreDescriptive Essay : Golf Essay2371 Words   |  10 Pagesvarious natural ground for golfing in Himachal Pradesh. Thanks to Lord Curzon, who gave a kick start to this sport. He was so impressed by the various sites for golfing in Himachal Pradesh that he named his daughter Naldehra after a popular spot. With its various terrains and wonderful climate, it has won accolades of national as well as international tourists. Take a golf tours of Himachal Pradesh as it is one of the most popular sports in Himachal Pradesh oversaw by the armed force and thereRead MoreMy City Chandigarh1476 Words   |  6 Pageshas set up a new information technology park for the establishment of modern information technology based companies. Travel Information of Chandigarh Chandigarh has convenient location, it serves as sort of a gateway to the hill stations of Himachal Pradesh. People travel to Chandigarh to approach northwards to places like Shimla, Kullu, Manali, Dharamsala and Dalhousie. However, Chandigarh, the city itself is also a lure to the tourists by virtue of its geometrically shaped residential areas complimentedRead MoreOld Age Homes in India4782 Words   |  20 PagesLIST OF OLD AGE HOMES IN INDIA (STATE WISE) ANDHRA PRADESH 1. Aram Ghar, Hyderabad-500252 (Head Office: Indian Council of Social Welfare, Red Hills, Hyderabad-500004) Association for the Care of the Aged: Jakarta Haven, 1-8-526, Chikkadapally, Hyderabad500020 Association for the Care of the Aged: 16-1-21, Digumarthi Ramaswami Marg, Maharanipeta, Vishakapatnam-530002 Association for the care of the Aged: Ashram Sravana, 8-14-1, Red Cross Street, Gandhinagar, Kakinada, East Godavari District-533004Read MoreStrategies For Improving Hiv Counselling Services Essay1450 Words   |  6 Pagesvideo recording or photographs will be taken and only audio recording and notes will be taken. The anonymity of clients and counsellors will be maintained during interpretation. This field activity will occur in December 2015 at Una district, Himachal Pradesh state, India. The whole process will be documented and the discussion will be audiotaped. Every event during the focus groups will be noted and any biases will be diarised. The process and methodology will also be critiqued for the production

Wednesday, December 11, 2019

Management Communication Ethical Challenges of Social Marketing

Question: Discuss about the Management Communication for Ethical Challenges of Social Marketing? Answer: Article 1: Kimura, M. (2005). Ethical challenges facing Japanese businesses: historical and contemporary observations.Asian Perspective, 135-155. Masato Kimura, (2005) in the article, Ethical Challenges Facing Japanese Businesses: Historical And Contemporary Observations has explained that business in Japan is finding it hard to adhere to the ethics due to IT revolution and globalization. Earlier Japan used to be ethical in every business dealings. However, due to globalization, the countries are gradually coming under a single platform and to stay ahead in the race, the organizations have to undertake unethical issues like invading the personal information of the competitors and unethical ways of retrieving the information to defeat the competitors in the race. Article 2: Brenkert, G. G. (2002). Ethical challenges of social marketing.Journal of Public Policy Marketing,21(1), 14-25. In the article Ethical Challenges Of Social Marketing, the author George G. Brenket, (2002) has identified as well as explained the differentiating ethical challenges those are not faced by the commercial marketing, in terms of the rationale that it offers, the effects that it may have set on its targets and to the ends, it seeks. When the social marketing is more attempting for addressing these kinds of ethical challenges, then more its nature as a social activisms form becomes more noticeable. However, these are the special challenges of ethics that the social marketing requires for confronting. Article 3: Dawkins, J. (2005). Corporate responsibility: The communication challenge.Journal of communication management,9(2), 108-119 In this article, CORPORATE RESPONSIBILITY: THE COMMUNICATION CHALLENG, the author, Jenny Dawkins, (2005) has first examined the communication towards the opinion leader audiences like the investors, legislators and many others and the limitations as well as opportunities in particular of the social report utilizing the British Opinion Research of MORI for illustrating the case. It has been see that often the communication remains the missing connectivity in the corporate social responsibility practice in terms of ethical consumerism. The requirements of information of a range of mass stakeholder audiences and opinion leader are not being satisfied currently by several organizations. Therefore, they are being able to get the whole credit for the responsible corporate behavior of them. In conclusion, this article has suggested that the corporate responsibilitys effective communication totally depends on the specific strategy that would evaluate both of the risks, the opportunities asso ciated with the brand, and that tailors the messages towards the groups of different stakeholder. Article 4: Cooper, R. W., Frank, G. L. (2002). Ethical challenges in the two main segments of the insurance industry: Key considerations in the evolving financial services marketplace.Journal of Business Ethics,36(1-2), 5-20. The author Robert Cooper and Garry Frank, (2002) in this article, Ethical Challenges In The Two Main Segments Of The Insurance Industry: Key Considerations In The Evolving Financial Services Marketplace, supported and made several important points based on professionals various research findings in both the industry of life insurance and industry of the property-liability insurance. This article explained that the ethical challenges in the industry of insurance engage not only an ethical dilemma series faced frequently by the business working but also various factors that hold back those business working in the industry because they desire for resolving the ethical challenges occurred in their work course. Article 5: Hooghiemstra, R. (2000). Corporate communication and impression managementnew perspectives why companies engage in corporate social reporting.Journal of business ethics,27(1-2), 55-68 In this article, Corporate Communication And Impression Management New Perspectives Why Companies Engage In Corporate Social Reporting the author Reggy, (2000) has intended to address the theoretical framework on issues of Corporate Social Responsibility. However, in the article the corporate social reporting has been explained from various aspects, currently the theory of legitimacy is the dominating aspect. Author has suggested by employing the framework that the environmental and the social revelations are the responses towards both of the enhanced media attention and the public pressure that result into the key incidents. At the end, the author has suggested the utilization of the corporate communication as a framework that is overreaching for studying the corporate social reporting in that the Corporate Identity as well as the Corporate Image is central. Article 6: Cooper, R. W., Frank, G. L., Kemp, R. A. (2000). A multinational comparison of key ethical issues, helps and challenges in the purchasing and supply management profession: the key implications for business and the professions.Journal of Business Ethics, 83-100. The authors Robert Cooper et al. (2000), in the article A Multinational Comparison Of Key Ethical Issues, Helps And Challenges In The Purchasing And Supply Management Profession: The Key Implications For Business And The Professions have presented the study findings of buying and the professionals of supply management in India. They have conducted the study for identifying the major issues related to ethics that they have faced to carry out their responsibilities related to work and to fix the extent to which several factors appear for presenting challenges to their efforts and for acting in an ethical manner in their course of work. Then the findings of India are compared with those for the studies made among supply management and buying professionals in Canada, the United Kingdom and the United States. References Brenkert, G. G. (2002). Ethical Challenges Of Social Marketing.Journal of Public Policy Marketing,21(1), 14-25. Cooper, R. W., Frank, G. L. (2002). Ethical challenges in the two main segments of the insurance industry: Key considerations in the evolving financial services marketplace.Journal of Business Ethics,36(1-2), 5-20. Cooper, R. W., Frank, G. L., Kemp, R. A. (2000). A multinational comparison of key ethical issues, helps and challenges in the purchasing and supply management profession: the key implications for business and the professions.Journal of Business Ethics, 83-100. Dawkins, J. (2005). Corporate responsibility: The communication challenge.Journal of communication management,9(2), 108-119 Hooghiemstra, R. (2000). Corporate communication and impression managementnew perspectives why companies engage in corporate social reporting.Journal of business ethics,27(1-2), 55-68 Kimura, M. (2005). Ethical challenges facing Japanese businesses: historical and contemporary observations.Asian Perspective, 135-155.

Tuesday, December 3, 2019

Kim Jong-Un free essay sample

Kim Jong-un is the unpredictable new leader of North Korea. Recent events, plus events from the past year, have made him a big target in the eye of the media. Threatening the U. S. and its allies with nuclear and ballistic missiles has made him an influential person on society today. Even with many warnings about North Korea’s weapons testing, they still proceed do as they wish. In recent weeks major countries such as the U. S. , China, Russia, Japan, and South Korea have been planning and preparing just in case a war was to break out in the region. If such a thing were to happen, it would leave the world in chaos, and could ultimately cause what could be another world war. Kim Jong-un was made leader of North Korea after his father, Kim Jong-il, died in 2011. (Kim Jong-un) Nothing is known about his early life or even of his date of birth. We will write a custom essay sample on Kim Jong-Un or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page (Kim Jong-un) He was supposedly born in North Korea, and rumored to be educated in Switzerland (Kim Jong-un). Before his mother, Ko Young-hee, died in 2004, she was thought to be the one who campaigned for him to be his father’s successor (Kim Jong-un). His father began to prepare him for leadership in 2010, and he was believed to be in his 20’s when he assumed power (Kim Jong-un). In the summer of 2012 it was revealed that he had been married (Kim Jong-un). The exact wedding date is unknown (Kim Jong-un). Once he was in control of the country, he continued the country’s weapons testing program as his father did before him (Kim Jong-un). Although agreeing to stop testing weapons in February 2012, North Korea attempted to launch a rocket to establish a satellite (Kim Jong-un). That attempt failed, but another attempt succeeded in December (Kim Jong-un). He has been more involved with the media than any past North Korean leader (Kim Jong-un). Meeting with NBA player Dennis Rodman, and taking pictures publicly with families of soldiers, are just a few reasons Kim is more involved in the media than past North Korean leaders (Kim Jong-un). He has tried to gain the respect by promising to help the country get out of poverty, and help bring it back to a good condition (Kim Jong-un). North Korea has been been in terrible poverty for many years (Kim Jong-un). A famine in 1990 caused devistating food shortages and had an impact on the entire population up to this day (Kim Jong-un). As a result of the famine, North Korea’s school systems have been greatly affected. Kim has promised to meet the economic and educational needs of North Korea (Kim Jong-un). With the constant threat of nuclear war on the horizon, Kim Jong-un has been in the media spotlight. North Korea has made many recent threats against the U. S. and its allies. Recent intelligence reports suggest that multiple missile launches could be possible due to mobile musadan missile launchers placed on the coast (†Smith†). The musudan is an untested weapon that South Korea says has a range as far as 3,500 kilometers (2,175 miles) (†Smith†). South Korean officials say that they are prepared for any missile attacks from the North, and are not worried (†Smith†). Due to the threats and aggressive actions of Kim and his government, they have lost a lot of support from their allies. Russian foreign minister, Sergey Lavrov, told the media that even though they are allied with North Korea, they are on the side of the U. S (†Smith†). China has also moved missile defense system around Tokyo in case of an attack (†Smith†). No one can now for sure if North Korea will attack or if they have the meas to back up their threats. Many threats have taken place, but no real act of violence has happened yet. With an unpredictable leader such as Kim Jong-un anything can happen. If he and the government of North Korea don’t back down, could ultimately lead to a World War 3. Only one thing is for certain with Kim Jong-un, and that is that he will stop at nothing until he earns the respect of the North Korean people.

Wednesday, November 27, 2019

WalMart Essay Example For Students

WalMart Essay Wal-Marts philosophy has always been to provide everyday low prices and superior customer service. But this philosophy might have stared potential customers away from Wal-Mart. Many people, including myself, have the misconception that Wal-Mart only sells necessities that the average working class family can afford. An extreme eye opener for me was a recent television commercial by Wal-Mart. I saw that they also sold flat panel televisions, which is considered a luxury item for any social class. After going to their website to see what other luxury items Wal-Mart sold I was amazed at the number of items I found that were not the necessities which I stereotyped them selling. Wal-Mart has to change the publics opinion of the items that they sell and the types of people that it has in mind of serving. Sam Walton was the shrewd businessman behind the worlds largest retailer. After working his way through the University of Missouri as a newspaper delivery boy, he got a job in Des Moines, Iowa as a management trainee for J.C. Penny at a salary of $75 a month. We will write a custom essay on WalMart specifically for you for only $16.38 $13.9/page Order now Walton borrowed some money from his father-in-law and opened a variety store after serving as an Army captain in World War II. A chain of drugstores followed. He went into business with his brother Bud, and by 1960, the Waltons 15 stores were taking in $1.4 million a year. But Walton soon saw a challenging new competitor arise in the discount store. The Walton brothers opened their first Wal-Mart in 1962 in Rogers, Arkansas. Specializing in name brands at low prices, the chain of Wal-Mart stores sprang up across rural America. Wal-Marts sales grew to $26 billion by 1989, compared to $1 billion in 1980. By 1990, Wal-Mart was the largest U.S. retailer, with 1,700 stores. One year later Wal-Mart entered the international market for the first time with the opening of a unit in Mexico City. Within five years, Wal-Mart would enter Puerto Rico, Argentina, Brazil and China. Since then, Wal-Mart has built stores in Canada, Germany, Korea and the United Kingdom. Wal-Mart currently opens a new megastore every two business days and has expanded, on average, into one new country each year. . Walmart Essay Example For Students Walmart Essay Wal-Marts everyday low prices gives an edge over other retailers. Efficient IT infrastructure enables to smoothen inbound and outbound logistics. Distribution efficiencies reduces the dependency on the suppliers inefficiencies. Wide range of products provides customer anything and everything under one roof. Current dominating market position gives advantage in market development and penetration. economies of scale of scale Weaknesses- The weakness is that their overhead is expensive to run store facilities all over the world. Hierarchical corporate structure may impair decision-making. In an attempt to succeed by means of low prices, may possibly portray Walmart Essay as a cheap store. Market maturing Concentration in a low margin industry Zoning issues are the store real estate problems. Just because a company has the ability to build a huge store anywhere it wants to, it does not necessarily mean that it is possible to build one anywhere it wants to. The real estate issue becomes more evident in crowded cities such as Japan where there is a major concern over the availability of real estate. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Opportunities Expansion into emerging International markets Societal trend towards environmental friendly and American -made products Move toward value for money products in the slower economic growth Threats- Even though Wal-Mart is the largest retailer and most successful, they can still be threatened by many factors ranging from their main competitors, environmental, and economic factors. In many places in USA, Wal-Mart has faced the Anti Wal-Mart activists. According to them having Wal-Mart in the neighborhood kills the local retailers, increases the property taxes to pay for sewage, roads, utilities, and sidewalks. Regulations and political stability in the international markets Exchange rate fluctuations A union problem for ex.Germany has one of the highest degrees of unions and this has a profound effect on hiring, retaining, and laying off employees. Once an employee is hired, it costs more in Germany to keep the employee on payroll and to lay off the employee. German workers are one of the highest paid workers in the world. Capital intensive for expansion Challenges The main challenge for Walmart in the years to come is to make sure they continue to keep their customers and associates satisfied. In addition, to be a profitable corporation for their investors who own stock in Walmart. If they continue for excellence in these areas they are likely to be a great corporation now and in the years to come. However, if they fail at these areas then the challenge awaits them, which is avoiding bankruptcy Taking the organization ahead A roadmap from 2004 ton 2007: Internal product development : Our product-development team, working with Wal-Mart buyers, is driving significant improvement in key product categories such as apparel, domestics and electronics. Global procurement: Last year we assumed responsibility of global procurement from a third party. This allowed us to better coordinate the entire global supply chain from product development to delivery. In addition, our global procurement program allows us to share our buying power and merchandise network with all our operations throughout the world. Promote the Walmart Culture: All Wal-Mart leaders must understand our culture and our commitment to integrity. Thats why weve developed a number of leadership initiatives, including the Business Leadership Series, People Asset Reviews and accelerated programs for high-potential international managers. Leverage the core competencies we have developed in logistics, information systems and real estate : These competencies represent an essential part of our every day low cost commitment, which makes Every Day Low Prices possible. One of our favorite ways to introduce value is the Rollback program, which began in 1992 as a way of reminding Customers that were not resting on our Every Day Low Prices. .u74268a74cfe41f1acf098e26ea32fb7a , .u74268a74cfe41f1acf098e26ea32fb7a .postImageUrl , .u74268a74cfe41f1acf098e26ea32fb7a .centered-text-area { min-height: 80px; position: relative; } .u74268a74cfe41f1acf098e26ea32fb7a , .u74268a74cfe41f1acf098e26ea32fb7a:hover , .u74268a74cfe41f1acf098e26ea32fb7a:visited , .u74268a74cfe41f1acf098e26ea32fb7a:active { border:0!important; } .u74268a74cfe41f1acf098e26ea32fb7a .clearfix:after { content: ""; display: table; clear: both; } .u74268a74cfe41f1acf098e26ea32fb7a { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u74268a74cfe41f1acf098e26ea32fb7a:active , .u74268a74cfe41f1acf098e26ea32fb7a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u74268a74cfe41f1acf098e26ea32fb7a .centered-text-area { width: 100%; position: relative ; } .u74268a74cfe41f1acf098e26ea32fb7a .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u74268a74cfe41f1acf098e26ea32fb7a .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u74268a74cfe41f1acf098e26ea32fb7a .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u74268a74cfe41f1acf098e26ea32fb7a:hover .ctaButton { background-color: #34495E!important; } .u74268a74cfe41f1acf098e26ea32fb7a .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u74268a74cfe41f1acf098e26ea32fb7a .u74268a74cfe41f1acf098e26ea32fb7a-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u74268a74cfe41f1acf098e26ea32fb7a:after { content: ""; display: block; clear: both; } READ: The Issue Of College Tuition Essay . Walmart Essay Example For Students Walmart Essay Wal-Mart Current Situation Analysis Mission and Strategic Objectives We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Wal Mart Corporations mission statement can be identified as follows: Sam Walton built Wal-Mart on the revolutionary philosophies of excellence in the workplace, customer service and always having the lowest prices. We have always stayed true to the Three Basic Beliefs Mr. Sam established in 1962: 1.Respect for the Individual 2.Service to Our Customers 3. Strive for Excellence Wal-Mart is the worlds largest retailer, operating more than 5800 discount stores. Wal-Mart employs more than 1.5 million associates 885,000 in the United States and 225,000 internationally. Walton had a reputation for caring about his customers, his employees, and the community. In order to maintain its market position in the discount retail business, Wal-Mart executives continue to adhere to the management guidelines Sam developed. Walton was a man of simple tastes and took a keen interest in people. He believed in three guiding principles: 1.Customer value and service; 2.Partnership with its associates; 3.Community involvement. Strategy Wal-Mart succeeds in the United States simply by selling branded products at low cost. But that doesnt explain it all. Following is an analysis of Wal-Marts competitive strategy. Pricing Wal-Marts marketing strategy was to guarantee ;everyday low prices; as a way to attract customers. The traditional discount retailer, which relies on ;sales,; not only has to do more advertising and promotions but also has to rely more on catalog mailing, buildup of inventory before a sale, markdowns on the unsold inventory, etc. Wal-Mart stores operate according to their ;Everyday Low Price; philosophy. Wal-Mart has emerged as the industry leader because it has been better at containing its costs, which has allowed it to pass on the savings to its customers. Wal-Mart has become a capability competitor. With such low wages for those who make the Bratz dolls, Wal-Mart can profit greatly while still providing low prices to its customers. In a global labor market, it is the companies who can find the cheapest, most exploitable conditions, with little worker protection or regulations that will profit the greatest. Distribution System About 85 percent of all the merchandise that Wal-Mart sold was shipped through its distribution system to the stores (competitors averaged less than 50 percent). Wal-Mart used a ;saturation; strategy for store expansion. The standard was to be able to drive to a store within a day from a distribution center. A distribution center was strategically placed so that it could eventually Information System First and most important thing about Wal-Marts information system is precisely that the customers needs come first. Wal-Mart had implemented a satellite network system that was used to share information between the companys network of stores, distribution centers and suppliers so orders could be consolidated, enabling the company to buy full truckloads without incurring excess inventory costs. Increase flexibility, insured 100 percent in-stock position increased store-selling space (by reducing the space required for back-room inventory storage). Store-level data were collected, analyzed and transmitted electronically to see how a particular region, district, store, department within a store or item was performing. This eliminated stock-outs, reduced the need for markdowns on slow-moving stock and maximized inventory turnover. The benchmark information across stores was also a valuable tool to help problem stores. 1) The CustomerOne of Waltons deepest beliefs was that the customer is always right, and his stores are still driven by this philosophy. When questioned about Wal-Marts secrets of success, Walton has been quoted as saying; It has to do with our desire to exceed our customers expectations every hour of every day; 2) The AssociatesWaltons greatest accomplishment was his ability to empower, enriches, and trains his employees. He believed in listening to employees and challenging them to come up with ideas and suggestions to make the company better. At each of the Wal-Mart stores, signs are displayed which read; Our People Make the Difference. Associates regularly make suggestions for cutting costs through their Yes We Can Sam program. One of Wal-Marts goals was to provide its employees with the appropriate technological tools, in order to do their jobs more efficiently, and succeed in the retail market. Wal-Mart has grown from a single store open by Sam Walton in 1962 to a global corporation. .uc0c37d335e34bdee91ec367aa556efd8 , .uc0c37d335e34bdee91ec367aa556efd8 .postImageUrl , .uc0c37d335e34bdee91ec367aa556efd8 .centered-text-area { min-height: 80px; position: relative; } .uc0c37d335e34bdee91ec367aa556efd8 , .uc0c37d335e34bdee91ec367aa556efd8:hover , .uc0c37d335e34bdee91ec367aa556efd8:visited , .uc0c37d335e34bdee91ec367aa556efd8:active { border:0!important; } .uc0c37d335e34bdee91ec367aa556efd8 .clearfix:after { content: ""; display: table; clear: both; } .uc0c37d335e34bdee91ec367aa556efd8 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uc0c37d335e34bdee91ec367aa556efd8:active , .uc0c37d335e34bdee91ec367aa556efd8:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uc0c37d335e34bdee91ec367aa556efd8 .centered-text-area { width: 100%; position: relative ; } .uc0c37d335e34bdee91ec367aa556efd8 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uc0c37d335e34bdee91ec367aa556efd8 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uc0c37d335e34bdee91ec367aa556efd8 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uc0c37d335e34bdee91ec367aa556efd8:hover .ctaButton { background-color: #34495E!important; } .uc0c37d335e34bdee91ec367aa556efd8 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uc0c37d335e34bdee91ec367aa556efd8 .uc0c37d335e34bdee91ec367aa556efd8-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uc0c37d335e34bdee91ec367aa556efd8:after { content: ""; display: block; clear: both; } READ: International Business Law, Go Essay Wal-Mart is presently the largest private employer, hiring directly for its own needs, . Walmart Essay Example For Students Walmart Essay Relationship Marketing King Wal-Mart Still No. 1 by Doug Edge April 29, 2003 The economists are still telling us how bad the U.S. economy is, but dont say anything about the bad economy to your local Wal-Mart greeter. His or her employer just witnessed revenues grow by 12 percent in 2002, to $246. 5 billion. He or she will probably proudly let you know that Wal-Mart Stores Inc. was just ranked number oneagainby Fortune magazine, leading the top 500 corporations for a second year in a row. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now How do they do it? Sam Waltons 1992 book Made In America has all the details, but let me sum up: Wal-Mart knows relationship marketing. Rule No. 8 of Sams Rules for Building A Business; holds the secret to this winning formula of success. He says, ;Let them (your customer) know you appreciate them.; So what has Wal-Mart done to show that they appreciate their customers? They use one-to-one relationship marketing tactics, executed by the famous Wal-Mart greeter. The Wal-Mart greeting was the original method used by the giant retailer to show customers that they are appreciated. A greeter at the door thanks customers for coming in, assists with a shopping cart, and provides a ;goodbye thank you; upon departing the store. The friendly senior citizen dressed in the blue vest conveys warmth and personality to every guest entering or exiting a Wal-Mart store. So why dont others adopt this simple marketing tactic? Some do. Meijer retail stores also use greeters; many restaurants, hotels and other businesses do the same. But most dontbecause relationship marketing is not as simple as it seems. It takes a type of commitment different than traditional marketing. Relationship Marketing Has 4 Key Components: It has to be personalized. Personalization can come in the form of a highly targeted direct mail piece, a phone call or email. Obviously the handshake and a smile illustrated by Wal-Mart greeters also work well in personalizing the relationship. It has to be targeted. Wal-Mart invests money in maintaining relationships with existing customers. By targeting this group, Wal-Mart establishes long-term relationships with their most loyal shoppers. Targeting customers through programs that reward loyalty can result in big returns over the life of the customer. It has to be meaningful. Your marketing message has to connect in an emotional way to establish a lasting relationship. If the Wal-Mart greeter did not look you in the eye while saying ;hello,; the greeting would not have a lasting impact. It should be interactive. Many Wal-Mart greeters learn the names of frequent shoppers. Walmart Essay.com, a subsidiary of Wal-Mart Stores Inc., does a great job of asking for the relationship online by providing special offers to those who supply their email address. It is important to make relationship marketing interactive so you can hear feedback, determine what is working and what is not. These key components are essential in relationship marketing programs even if your target audience is not the price-conscious retail shopper that Wal-Mart attracts. Business Relationship Marketing Can Be Achieved By Following These Tactics: Develop a relationship by mixing knowledge with fun. Plan events for clients and prospects that educate while offering entertainment and social interaction. Send out a monthly eNewsletter or eZine with useful content that connects to your clients and prospects. This tactic will show them that you care about their business and value their time by providing them information they can use. Stay away from a sales focus. Instead, provide industry and product news with some entertainment value. Initiate an appreciation program. Send customers thank you cards or gifts after making a purchase. You can also send a thank you gift to show appreciation for their business on the account anniversary date. Look for ways to help your clients and prospects beyond your own capabilities. .uc57ba890555350ff639346f1a6f7d49a , .uc57ba890555350ff639346f1a6f7d49a .postImageUrl , .uc57ba890555350ff639346f1a6f7d49a .centered-text-area { min-height: 80px; position: relative; } .uc57ba890555350ff639346f1a6f7d49a , .uc57ba890555350ff639346f1a6f7d49a:hover , .uc57ba890555350ff639346f1a6f7d49a:visited , .uc57ba890555350ff639346f1a6f7d49a:active { border:0!important; } .uc57ba890555350ff639346f1a6f7d49a .clearfix:after { content: ""; display: table; clear: both; } .uc57ba890555350ff639346f1a6f7d49a { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uc57ba890555350ff639346f1a6f7d49a:active , .uc57ba890555350ff639346f1a6f7d49a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uc57ba890555350ff639346f1a6f7d49a .centered-text-area { width: 100%; position: relative ; } .uc57ba890555350ff639346f1a6f7d49a .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uc57ba890555350ff639346f1a6f7d49a .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uc57ba890555350ff639346f1a6f7d49a .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uc57ba890555350ff639346f1a6f7d49a:hover .ctaButton { background-color: #34495E!important; } .uc57ba890555350ff639346f1a6f7d49a .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uc57ba890555350ff639346f1a6f7d49a .uc57ba890555350ff639346f1a6f7d49a-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uc57ba890555350ff639346f1a6f7d49a:after { content: ""; display: block; clear: both; } READ: Essay on Obamacare: A Rocky Start To A Smoother Future Essay Refer them to other quality vendors, share an article related to their business or put them in touch with someone who can help. This will go a long way in building a relationship. Make phone calls. Email is easy but picking up the phone and thanking someone for using your company can go a long way. Dont forget the value of real conversations and face-to-face meetings. There is a reason why Wal-Mart employs more . Walmart Essay Example For Students Walmart Essay Wal-Mart is the Worlds largest grocery retailer and control of its empire, despite its IT advantages, could leave it weak in some areas due to the huge span of control. Since Wal-Mart sell products across many sectors (such as clothing, food, or stationary), it may not have the flexibility of some of its more focused competitors. The company is global, but has has a presence in relatively few countries Worldwide. Opportunities To take over, merge with, or form strategic alliances with other global retailers, focusing on specific markets such as Europe or the Greater China Region. The stores are currently only trade in a relatively small number of countries. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Therefore there are tremendous opportunities for future business in expanding consumer markets, such as China and India. New locations and store types offer Wal-Mart opportunities to exploit market development. They diversified from large super centres, to local and mall-based sites. Opportunities exist for Wal-Mart to continue with its current strategy of large, super centres. Threats Being number one means that you are the target of competition, locally and globally. Being a global retailer means that you are exposed to political problems in the countries that you operate in. The cost of producing many consumer products tends to have fallen because of lower manufacturing costs. Manufacturing cost have fallen due to outsourcing to low-cost regions of the World. This has lead to price competition, resulting in price deflation in some ranges. Intense price competition is a threat. Wal-Mart Stores, Inc. is the worlds largest retailer, with $256. 3 billion in sales in the fiscal year ending Jan. 31, 2004. The company employs 1.6 million associates worldwide through more than 3,600 facilities in the United States and more than 1,570 units . . . more? Go toWal-Mart Facts Disclaimer: This case study has been compiled from information freely available from public sources. It is merely intended to be used for educational purposes only. . Walmart Essay Example For Students Walmart Essay Generally people have little knowledge of the actual gist beside the term genetically engineered foods? It may sound like a harsh term, yet to some, it has little to no importance. Genetic engineering basically means to remove genes from one organism such as a plant or an animal, and transferring it to another or altering genes from a plant or an animal in order to attain certain results. Much debating goes on about the issues in the controversy over genetically engineered foods. While some people do not seem to mind it, or choose to foresee the issues regarding it, some people have much stronger feelings against the practice. Many important issues evolve around genetically engineered foods, but a few of the main issues consist of whether consuming good generated via genetic engineering will prove itself as safe, helpful and beneficial to health. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Many people have feelings of uncertainty about consuming genetically engineered food, as a result of uncertainty about the safety of doing so. In the article, Frankenfood Frenzy, consumers and health activist groups find genetic engineering on food unsafe. In addition, Greenpeace calls genetically modified food biological pollution (Frenzy 1). People tend to feel that consuming genetically modified foods could have harmful results and could in the long run contribute towards the development of health problems (Frenzy 1). Yet on the other hand, to some people genetically engineered bear out safety. Gregory Jaffe and Doug Sherman, co-directors of the Biotechnology Project at the Center for Science stated that people should not portray nervousness about eating genetically engineered foods. He mentioned that in most cases, people do not actually eat those genes. For example, by the time a genetically engineered corn plant gets processed into corn oil or corn syrup, virtually none of the genes remain in the food (Jaffe 2). Doug Sherman stated that genetically engineered food should undergo proper testing procedure because of two major concerns. One concern links to the new genes or proteins engineered and whether they might produce toxins that can harm in the short or long term, or whether the new gene might produce a protein that triggers an allergic reaction in a person who eats the food. No other worries involve this matter. (Sherman 2). Many controversial issues have existed about the helpfulness of genetically engineered food and many views on whether or not genetically engineered foods helped health got expressed. Some say that genetically engineered foods can help. The article, Frankenfood Frenzy stated that researchers have found a way to enrich rice with beta-carotene by inserting genes from a bacterium and a daffodil. This way the body converts the beta-carotene into vitamin A. By adding another gene derived from a French bean, the iron content of rice can and will possibly double. This genetically modified rice could become available to farmers as soon as 2003. This genetic engineering promises to save millions of people in poor countries (Frenzy 1). In addition to that, the article stated that products derived from agricultural genetic engineering available today include crops resistant to disease and insect, therefore resulting in fruits that stay fresh longer, and cow hormones that lead to increased milk production. These advances include foods containing vaccines and antibodies that fight diseases like hepatitis and cholera, and foods modified to eliminate common allergens (Frenzy 1). The article Hybrid Vim and Vigor, also proved genetically engineered foods uphold its helpfulness. The author, William L. Brown, researcher of George Shulls experiments with inbreeding and crossbreeding corn, stated that the adoption of hybrid corn progressed steadily and dramatically in the Corn Belt. This leads to the increase of more bushels of corn per acre. In addition, the value of corn to the farmer advanced to several billion dollars per year (Brown 2). Genetically engineered foods have brought many controversial issues up amongst society in the past as well as in the future. Many people feel that without the help of genetically engineered foods, society would have many problems that exist beyond a reasonable doubt. Such issues, such as genetically engineered food, give people different mind sets by which they adhere to. Some find genetically engineered foods to be beneficial, while some find it to be harmful. .ua27a4d7dce0da0bbddff1cc13d35a738 , .ua27a4d7dce0da0bbddff1cc13d35a738 .postImageUrl , .ua27a4d7dce0da0bbddff1cc13d35a738 .centered-text-area { min-height: 80px; position: relative; } .ua27a4d7dce0da0bbddff1cc13d35a738 , .ua27a4d7dce0da0bbddff1cc13d35a738:hover , .ua27a4d7dce0da0bbddff1cc13d35a738:visited , .ua27a4d7dce0da0bbddff1cc13d35a738:active { border:0!important; } .ua27a4d7dce0da0bbddff1cc13d35a738 .clearfix:after { content: ""; display: table; clear: both; } .ua27a4d7dce0da0bbddff1cc13d35a738 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ua27a4d7dce0da0bbddff1cc13d35a738:active , .ua27a4d7dce0da0bbddff1cc13d35a738:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ua27a4d7dce0da0bbddff1cc13d35a738 .centered-text-area { width: 100%; position: relative ; } .ua27a4d7dce0da0bbddff1cc13d35a738 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ua27a4d7dce0da0bbddff1cc13d35a738 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ua27a4d7dce0da0bbddff1cc13d35a738 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ua27a4d7dce0da0bbddff1cc13d35a738:hover .ctaButton { background-color: #34495E!important; } .ua27a4d7dce0da0bbddff1cc13d35a738 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ua27a4d7dce0da0bbddff1cc13d35a738 .ua27a4d7dce0da0bbddff1cc13d35a738-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ua27a4d7dce0da0bbddff1cc13d35a738:after { content: ""; display: block; clear: both; } READ: Child Prostitution and Pornography Exploratory Ess Essay Many important issues evolve . Walmart Essay Example For Students Walmart Essay By exploiting core competencies firms can develop value creating strategies which are superior to their competitors. Wal-Mart are experts at using there core competencies to become superior to their competitors. There are three resources which allow a company to create a core competency. Tangible resources consist of assets that can be seen, financial resources (borrowing capacity), physical resources, organizational structure and technology. Wal-Mart is a huge and very powerful company and therefore uses its ability of lending to become a core competency. Intangible resources are characterized by human resources, resource for innovation, and reputation. This category is where Wal-Mart excels against all its competitors. Knowledge, training and corporate culture possessed by employees may be one of the most significant sources of core competencies and competitive advantages throughout the business world. This is due to being very hard to copy or substitute for. Brand equity consists of brand name and maintaining brand equity. Wal-Mart are masters at using this resource as an advantage over their competitor are Wal-Marts emphasis is on its image of everyday low prices and high quality goods when marketing. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Wal-Mart uses many different channels when marketing itself. It uses television, radio, monthly circulars, weekly newspapers and many more channels. Each one of these channels can be used in an unique way to emphasize Wal-Marts position of selling quality products at low prices. Radio usually grabs the audiences attention by promoting products which are experiencing high demand. Both of these channels are made stronger by the use of newspapers adverts and monthly circulars. In these marketing channels deeply discounted items are highlighted to the potential competitors and these items help lure the customers into the stores. The idea of having quality for less is a good marketing plan because it gets people into the store. It also offers a competitive advantage over the competitors because they can not financially match Wal-Mart prices. This is due to Wal-Mart having better use of financial resources, technology and physical resources. By censoring some products Wal-Mart are trying to market themselves as a company with good values. They use this to attract families. Unfortunately this plan has negative and positive effects. A negative effect is the effect of preventing or manipulating artistic freedom. Due to Wal-Marts restrictions many singers have changed their work. This can be seen as bad for society when one firm dictates what sort of art is released. It could also hurt Wal-Mart financially if it alienates people who do not believe in censorship or if public opinion towards censorship changes. On the positive side their censorship strategies help strengthens their market position of being there for the family and community. A major strength of Wal-Mart is its service-scapes or in store atmosphere. When you walk into any Wal-Mart you are met by happy and helpful staff. This helps strengthen the firms brand image of being a nice and community based firm. All Wal-Mart stores have a lot of nightlights which allow sunlight to enter the store. Many of Wal-Marts competitors like K-mart and Target do not use this idea which lowers the cost of lighting and more importantly makes people happier and more trusting in your products. Target and K-mart, who are Wal-Marts competitors, do not have a happy, community feeling in their stores. A clever marketing idea which Wal-Mart uses to emphasize its commitment to a position of friendly service is the yellow smiling face which rolls back the prices. In this small idea Wal-Marts core competencies are highlighted, lower prices with friendly service. None of its competitors have been able to copy this competitive advantage and this shows why Wal-Mart are far superior with sales. Another marketing strategy Wal-Mart uses is involving each store in the local community. By sponsoring local teams and showing pictures of them it helps manipulate the customers into believing the Wal-Mart cares about the community and gives as well as takes. This is a major competitive advantage Wal-Mart has over its competitors. Buy American is another advertisement which Wal-Mart uses to make people feel better or happier about shopping at Wal-Mart. .u882c393c93c9d414ece1c792fdaf669d , .u882c393c93c9d414ece1c792fdaf669d .postImageUrl , .u882c393c93c9d414ece1c792fdaf669d .centered-text-area { min-height: 80px; position: relative; } .u882c393c93c9d414ece1c792fdaf669d , .u882c393c93c9d414ece1c792fdaf669d:hover , .u882c393c93c9d414ece1c792fdaf669d:visited , .u882c393c93c9d414ece1c792fdaf669d:active { border:0!important; } .u882c393c93c9d414ece1c792fdaf669d .clearfix:after { content: ""; display: table; clear: both; } .u882c393c93c9d414ece1c792fdaf669d { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u882c393c93c9d414ece1c792fdaf669d:active , .u882c393c93c9d414ece1c792fdaf669d:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u882c393c93c9d414ece1c792fdaf669d .centered-text-area { width: 100%; position: relative ; } .u882c393c93c9d414ece1c792fdaf669d .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u882c393c93c9d414ece1c792fdaf669d .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u882c393c93c9d414ece1c792fdaf669d .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u882c393c93c9d414ece1c792fdaf669d:hover .ctaButton { background-color: #34495E!important; } .u882c393c93c9d414ece1c792fdaf669d .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u882c393c93c9d414ece1c792fdaf669d .u882c393c93c9d414ece1c792fdaf669d-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u882c393c93c9d414ece1c792fdaf669d:after { content: ""; display: block; clear: both; } READ: Autism Essay Its competitors do not give their products any character where as Wal-Mart sell their products as a package. If you buy fishing tackle from Wal-Mart . Walmart Essay Example For Students Walmart Essay The first Wal-Mart Store was opened in 1962 by Sam Walton. This small-town merchant, who had operated a variety of stores in Missouri and Arkansas, was convinced consumers would flock to a discount store with a wide variety of merchandise and friendly service. This company has flourished into the worlds number one retailer. From this the company has reached out into grocery (Wal-Mart Supercenters), international operations, membership warehouse clubs (Sams Club), and deep discount warehouse outlets. These expansions into other types of retail have given the corporation even more room for growth. Wal-Marts financial explosion has also lead to the creation of many jobs. With the creation of 85,000 new Wal-Mart jobs, the number of employee for this giant is upwards of 600,000 in the United States alone. Bibliography: . We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Walmart Essay Example For Students Walmart Essay Case Analysis: Wal-Mart History/Development/Growth Sam Walton founded wal-Mart in 1962. Much of Wal-Marts success can be attributed to him. He was very simple and ran his company that way. He emphasized hard work and ambition. When the company was in its earlier stages he made it a point to visit every Wal-Mart once a year. He didnt just visit each Wal-Mart and talk with management. He would lead a cheer with the associates. The term associates, which he picked up from his experience working for JC Penneys. He also ran a Ben Franklin franchise with his brother that became extremely profitable. He eventually lost the lease on the store and founded Wal-Mart. They originally started off with 15 stores in the state of Arkansas. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now David Glass took over as president of the company in 1984. Then in 2000 Lee Scott was named CEO. Scott happened to be recruited by David Glass early in his career. Wal-Mart is now the largest retailer in the world with revenues of 165 billion. Internal Strengths and Weaknesses At first glance Wal-Mart seems to be exactly like the next retailer such as Kmart. There are a few distinguishing characteristics that separate them from the rest. First, they always build distribution centers before opening store locations, which saved costs on distribution overhead. Second, they have the most sophisticated inventory system. It operates in real time. As soon as an item is scanned at checkout it is directly sent to inventory and new products are automatically ordered. This process also helps with speedier projections and sales information. Third, they have an outstanding company culture. The same culture that Mr. Sam himself had emulated. Along these same lines, they emphasized a high value for associates, which is what they call their employees. As well as being more service oriented. They also found the delicate balance between having low prices and appearing too cheap. External Environment During the 80s and early 90s retailers when through some difficult times. There was a large increase in competitive pressure, which resulted in much lower margins. At the time most households did not have much discretionary spending. Therefore consumer spending was very limited. There was only enough money for the essentials. The entire economy was in a recession. Around 1998, unemployment was at an all-time low. Total household income was up and inflation was very low. All of a sudden buying power was higher and consumers were willing to buy. The United States is still experiencing one of the longest periods of economic expansion in its history. SWOT StrengthsDistribution centersCultureInventory SystemBargaining Weaknesses OpportunitiesMore storesIncorporate grocery itemsBuy out remaining competitionThreatsCompetition Corporate Level Strategies At the corporate level, Wal-Mart tries to stay ahead of the game. From the very beginning they have been for rapid expansion. They are currently located in nine different countries as well as all 50 states. They have also tried new retail formats such as Sams Club. They also take pride in their stores upgrading and refurbishing. They are also building new distributions centers all the time. They are currently working on expanding into Canada, Asia, South America, and Europe. They also have their own dog food line name after Sams dog, Ol Roy, which was a top seller. Business Level Strategies At the business level there is a large emphasis on customers, provide what they want, when they want it; at a value. They also take a lot of pride in their associates. Average employees make 7.50/hour. They also incorporate teamwork into each store. They stress that employees treat each other how they want to be treated. .u97b4ac0214dab77ba66332f2cb09bfef , .u97b4ac0214dab77ba66332f2cb09bfef .postImageUrl , .u97b4ac0214dab77ba66332f2cb09bfef .centered-text-area { min-height: 80px; position: relative; } .u97b4ac0214dab77ba66332f2cb09bfef , .u97b4ac0214dab77ba66332f2cb09bfef:hover , .u97b4ac0214dab77ba66332f2cb09bfef:visited , .u97b4ac0214dab77ba66332f2cb09bfef:active { border:0!important; } .u97b4ac0214dab77ba66332f2cb09bfef .clearfix:after { content: ""; display: table; clear: both; } .u97b4ac0214dab77ba66332f2cb09bfef { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u97b4ac0214dab77ba66332f2cb09bfef:active , .u97b4ac0214dab77ba66332f2cb09bfef:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u97b4ac0214dab77ba66332f2cb09bfef .centered-text-area { width: 100%; position: relative ; } .u97b4ac0214dab77ba66332f2cb09bfef .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u97b4ac0214dab77ba66332f2cb09bfef .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u97b4ac0214dab77ba66332f2cb09bfef .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u97b4ac0214dab77ba66332f2cb09bfef:hover .ctaButton { background-color: #34495E!important; } .u97b4ac0214dab77ba66332f2cb09bfef .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u97b4ac0214dab77ba66332f2cb09bfef .u97b4ac0214dab77ba66332f2cb09bfef-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u97b4ac0214dab77ba66332f2cb09bfef:after { content: ""; display: block; clear: both; } READ: The Lottery And Religon EssayRecommendations As far as recommendations are concerned I couldnt really come up with anything. The only thing that came to my mind was the grocery store. If Wal-Mart incorporated groceries into their stores they would put all the rest out of business. I dont think they would have to be cheaper either. The convenience of going to Wal-Mart and getting your grocery shopping done at the same time would be too easy to exploit. They seem to be expanding already as it is but I would definitely continue expansion. . Walmart Essay Example For Students Walmart Essay The first Wal-Mart Store was opened in 1962 by Sam Walton. This small-town merchant, who had operated a variety of stores in Missouri and Arkansas, was convinced consumers would flock to a discount store with a wide variety of merchandise and friendly service. This company has flourished into the worlds number one retailer. From this the company has reached out into grocery (Wal-Mart Supercenters), international operations, membership warehouse clubs (Sams Club), and deep discount warehouse outlets. These expansions into other types of retail have given the corporation even more room for growth. Wal-Marts financial explosion has also lead to the creation of many jobs. With the creation of 85,000 new Wal-Mart jobs, the number of employee for this giant is upwards of 600,000 in the United States alone.Bibliography: We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now WalMart Essay Example For Students WalMart Essay The purpose of this paper is to compare the revenue recognition policies of two companies in the search, detection, navigation, guidance, and aeronautical systems industry. The two companies I have selected are Aerosonic Corporation, and Esco Electronics Company. Esco Electronics Company is engaged in the design, manufacture, sale and support of engineered products. These products are used principally in filteration/fluid flow applications, electromagnetic compatibility (EMC) testing, and electric utility communications and control systems. The filtration/fluid flow and EMC testing products are supplied to a broad base of industrial and commercial customers worldwide. At the present time, electric utility communications systems are marketed primarily to customers in North America. The four primary industry segments of Esco are Filtration/Fluid Flow, Test, Communications, and other. In order for Esco to conform with generally accepted accounting principles, management must make careful estimates in preparing the financial statements. These estimates are for anticipated contract costs and revenues earned during the life of the contract. These amounts affect the reported amounts of assets and liabilities on the companys financial statements. Actual results could differ from these numbers. We will write a custom essay on WalMart specifically for you for only $16.38 $13.9/page Order now Revenues are recognized on commercial sales when products are shipped or when services are performed. Revenue on production contracts are recorded when specific contract terms are fulfilled. These amounts are determined either by the units of production or delivery methods. Revenues from cost reimbursement contracts are recorded as costs are incurred, plus fees earned. Revenue under long-term contracts in which the previous two methods are inappropriate, the percentage-of-completion method is used. Revenue under engineering contracts are generally recognized as certain milestones are attained. The percentage-of-completion method recognizes a portion of the estimated gross profit for each period based on progress to date. Progress to date is based on three factors. These three factors are the costs incurred to date, the most recent estimate of the projects total cost, and the most recent gross profit percentage. Progress to date is assumed to be the proportion of the projects costs incurred to date divided by total estimated costs. This fraction is known as the estimated percentage of completion, and is the estimated percentage of completion. However, he biggest flaw with this method is that it only deals with costs. This means that there may not be strong correlation between physical progress and costs incurred. Conceptually, one would want to match revenues when the earnings process is judged to be complete. Since costs dont necessarily mean physical completion, the revenues may not represent actual completion. However, this method does match all revenues with appropriate expenses. The audit risks associated with this method is that cost incurrence could be accelerated to increase the estimate of the percentage completed. Lets say Esco is performing a three-year contract. For simplicity, lets say the contract price is $1000. The first year of the contract, actual costs incurred to date is $200, and the estimated remaining costs is $400. This would call for a projected $400 gross profit on the entire project ($1000-$600). To figure out the gross profit for the first year, you would take the actual costs to date ($200) and divide that by the estimated total cost ($600). This equals the estimated percentage of completion (33%). You would then take this number and multiply it by the total project gross profit (33%*$400), and that would be the gross profit earned to date. In subsequent years, you would take the profit earned to date and subtract from it the gross profit recognized in previous years. The next company Id like to talk about is Aerosonic Corporation, who is in the same industry as Esco. The primary business of Aerosonic Corporation is to manufacture and sell aircraft instruments to government and commercial users from its plants in Florida, Virginia, and Kansas. Prior to 1996, the company also sold non-munitions components for artillery projectiles to the U.S. government and automotive and truck parts to commercial customers. .u81a8fbddca394964b637e0379e403678 , .u81a8fbddca394964b637e0379e403678 .postImageUrl , .u81a8fbddca394964b637e0379e403678 .centered-text-area { min-height: 80px; position: relative; } .u81a8fbddca394964b637e0379e403678 , .u81a8fbddca394964b637e0379e403678:hover , .u81a8fbddca394964b637e0379e403678:visited , .u81a8fbddca394964b637e0379e403678:active { border:0!important; } .u81a8fbddca394964b637e0379e403678 .clearfix:after { content: ""; display: table; clear: both; } .u81a8fbddca394964b637e0379e403678 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u81a8fbddca394964b637e0379e403678:active , .u81a8fbddca394964b637e0379e403678:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u81a8fbddca394964b637e0379e403678 .centered-text-area { width: 100%; position: relative ; } .u81a8fbddca394964b637e0379e403678 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u81a8fbddca394964b637e0379e403678 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u81a8fbddca394964b637e0379e403678 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u81a8fbddca394964b637e0379e403678:hover .ctaButton { background-color: #34495E!important; } .u81a8fbddca394964b637e0379e403678 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u81a8fbddca394964b637e0379e403678 .u81a8fbddca394964b637e0379e403678-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u81a8fbddca394964b637e0379e403678:after { content: ""; display: block; clear: both; } READ: Love and Marriage Essay The companys customers are worldwide. Aerosonic generally recognizes revenue from sales of its products on the accrual basis on the date such products are shipped. In certain circumstances, the U.S. government accepts title of products, even though the products are on the Companys premises. When the U. S. government accepts title in writing, and assumes all risks . Walmart Essay Example For Students Walmart Essay Most admired company Stores in all 50 states Nations largest company Does not have a formal mission statement 3 basic beliefs of founder Respect for the individual Service to our customers Strive for excellence Started an IPO in 1970 1999 #1 Stock in the DOW Implementing two new concepts 1. hypermarkets 200000 sq. ft stores that sell everything 2. Supercenters scaled down supercenters International sales were 16.7% of total company sales in fiscal 2003 Operated internationally in 9 years Hometown USA stores. .to provide the neighboring towns with their needs Starting own clothing lines Acquired McLane Company INC.(largest suppliers of food and merchandise to convenient stores) Sams clubs membership cards different levels of cards 32 billion dollar business Supercenters are the companies faster growing division limited of distribution (working to expand food distr.) Locate supercenters by major food stores to provide customers with the option to choose over price, Walmart Essay almost always win this battle and drives the competitors out of town or business One stop shop We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now 238 supercenters and 71 samclubs internationally after the fiscal year of 2003 united kingdom leader Tesco trying to increase scale of international operation(threat) walmart opposes unions (threat) has worlds largest private satellite communication systems enables to control distribution owns a fleets of truck that deliver goods to any stores with 38-48 hours of the time of order back-haul helps cut cost leads the industry in info technologies Walmart.com profits not made easily over internet.. issues of cost of delivery, merchandise return, and data security All employees have a stake in financial performance and could result in a bonus or promotion . Walmart Essay Example For Students Walmart Essay Wal-Mart is a general merchandise discount retailer, which was incorporated in 1962. Wal-Marts history is based on one man, Sam Walton, who changed the course of retailing forever. Sam Walton first entered retailing when he was a management trainee at J.C. Penny Co. in 1940 in Des Moines, Iowa. After serving in the Army in World War II, Walton acquired a Ben Franklin variety store franchise with his brother James Walton in Newport Arkansas, until they lost the lease to the store in 1950. By 1962, when the first Wal-Mart Discount City was opened in Rogers Arkansas, both Waltons were operating fifteen stores under the Walton 5 10 name, and were the largest Ben Franklin franchisee in the country. Limited pricing, low gross margins, and high inventory turnover characterized these stores. Walton phased out the stores in 1976 in order to focus on the emerging Wal-Mart stores. In 1978, the first distribution center was built, followed by the first Wal-Mart Supercenter in 1983 and a Sams Club in 1988. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Important to Walton, and ultimately Wal-Mart, are certain philosophies that were amounted over time. Walton held these values tightly, and engrained them in the Wal-Mart cultures. From his experience at J.C. Penny Co. he was impressed with the philosophies they used (e. g. The Penny Idea) and used them to mold Wal-Mart. This included referring to employees as associates, serving the public to their complete satisfaction, and receiving a fair profit from services rendered. Waltons theory on what Wal-Mart should be is a conveniently located one-stop shopping unit where customers could buy a wide variety of quality merchandise at discount prices. And as Wal-Mart grew, management sought a firm that was a discount department store chain offering a wide variety of general merchandise to the customer. It was on these values and philosophies that Wal-Mart expanded. Wal-Mart has grown above and beyond the Arkansas store that opened thirty-nine years ago. It serves more than 100 million customers weekly in all of the 50 states, plus Puerto Rico, Canada, China, Mexico, Brazil, Germany, United Kingdom, Argentina, and South Korea. Wal-Marts current operating numbers are: Total Worldwide Associates1,240,000 Wal-Marts financial numbers have grown substantially as well. At the end of the fiscal year 2000, total company sales reached $191 billion dollars. This was an increase over the previous year of 15.9%. Total international sales amounted to $32 billion dollars at the end of the 2000 fiscal year, which was an increase of 41% over the previous year. Wal-Mart is widely recognized as one of the leading discount variety store chains. It is the nations largest discount department store chain, and also one of the largest discounters in the nation in terms of sales dollars. Nations largest discount department store chain. A company with a very defined mission set by Sam Walton. Good distribution concepts with no one store more than 6 hrs. away from warehouse. Constant expansion over lifetime of company. Offers a variety of merchandise for its consumers. Valued their employees and consumers happiness. Everyday Low prices advertising campaign. First retailer to embrace green marketing. Inventory Control system is the best in retail industry. Support of different community activities. Illustrates low prices and at the same time, not portray a cheap image to consumer. Viewed by some consumers as Mom and Pop shop killers. Industry competes on many similar elements. Over exposure to many close markets. Expanding the Sams Club brand and Superstores Partnerships with other businesses to house in store. Inability to enter the Urban Market. Fierce Competition: Kmart, Sears and Target. Getting caught in price wars with competition Economic uncertainty and buying patterns of consumers. Factory Outlet stores with lower price strategies. Specialty stores: e. .u0b6c78bffde19fa39404b84fed8ee6aa , .u0b6c78bffde19fa39404b84fed8ee6aa .postImageUrl , .u0b6c78bffde19fa39404b84fed8ee6aa .centered-text-area { min-height: 80px; position: relative; } .u0b6c78bffde19fa39404b84fed8ee6aa , .u0b6c78bffde19fa39404b84fed8ee6aa:hover , .u0b6c78bffde19fa39404b84fed8ee6aa:visited , .u0b6c78bffde19fa39404b84fed8ee6aa:active { border:0!important; } .u0b6c78bffde19fa39404b84fed8ee6aa .clearfix:after { content: ""; display: table; clear: both; } .u0b6c78bffde19fa39404b84fed8ee6aa { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u0b6c78bffde19fa39404b84fed8ee6aa:active , .u0b6c78bffde19fa39404b84fed8ee6aa:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u0b6c78bffde19fa39404b84fed8ee6aa .centered-text-area { width: 100%; position: relative ; } .u0b6c78bffde19fa39404b84fed8ee6aa .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u0b6c78bffde19fa39404b84fed8ee6aa .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u0b6c78bffde19fa39404b84fed8ee6aa .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u0b6c78bffde19fa39404b84fed8ee6aa:hover .ctaButton { background-color: #34495E!important; } .u0b6c78bffde19fa39404b84fed8ee6aa .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u0b6c78bffde19fa39404b84fed8ee6aa .u0b6c78bffde19fa39404b84fed8ee6aa-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u0b6c78bffde19fa39404b84fed8ee6aa:after { content: ""; display: block; clear: both; } READ: September 11 Essayg. ToysRUs and Home Depot. Wal-Mart targets a wide variety of consumers with many different strategic advertising campaigns. Have you ever heard of that Everyday low prices slogan? This is an example of Wal-Marts mass marketing approach to the marketplace. Wal-Marts specific target market ranges from 25 years old and up. Wal-Mart targets the family oriented consumer who is looking for a good value at a low price. Wal-Mart has numerous strengths and weaknesses that must be analyzed to better understand their industry. (See Appendix for Porters Five Forces analysis of the .

Saturday, November 23, 2019

The Best SAT Vocabulary Practice Tips and Resources

The Best SAT Vocabulary Practice Tips and Resources SAT / ACT Prep Online Guides and Tips A solid vocabulary is essential to getting a high SAT score. But what methods can give you the quality SAT vocab practice you'll need to succeed on test day? After all, just reading a lengthy list of vocab words doesn't necessarily mean you'll know how to use them in a sentence or be able to remember what they mean on during the exam. We explain how important vocab is on the SAT and how it’s tested. More importantly, we give you our top four vocab study methods as well as our picks for the five best resources to use for quality SAT vocabulary practice. Read on to learn what these are! How Important Is SAT Vocab Practice? Although it’s important to know some vocabulary, the truth is that vocabulary doesn’t play a very big part on the SAT. So if you’re not a fan of memorizing hundreds of words, this is great news! However, if you’re aiming for a high or even perfect SAT score, you'll definitely need to memorize some of the vocab words most likely to appear on the test. But what exactly does vocabulary look like on the SAT? For starters, all vocab questions (in both the Reading and Writing and Language sections) are based on reading passages, so you’ll always have context to help you figure out the meaning of a word or phrase. On the old (pre-2016) SAT, you had Sentence Completion questions, for which you had to choose the correct vocab word for an isolated sentence. Basically, you hadzero context! Thankfully, these questions are no longer on the SAT. Secondly, all vocab words are about medium difficulty, sodon't expect to see hard words such as pugnacious and obstreperous. Instead, the SAT will test you on more common words, usually ones with multiple meanings. On SAT Reading, vocab questions are calledWords in Context questions; theseask you to match a word with the correct meaning.On the Writing section, vocab questions that ask you to replace (or leave as is) a certain word in a passage are called Precision questions. Here’s an example of a Words in Context SAT Reading question (with the relevant line from the passage): Source: Official SAT Practice Test #1 And here’s an example of an SAT Writing Precision question (again, with the relevant line from the passage): Source: Official SAT Practice Test #2 As you can see, you'll need to be especially adept at using context clues to figure out which word best fits the tone and meaning of the sentence in the passage. That said, remember that vocab doesn’t make up a particularly large part of the SAT.Based on our analysis ofofficial SAT practice tests, we've found that you’ll get aroundseven Words in Context questions (~13%)on Reading, and about three Precision questions(~7%) on Writing. Next up, we look at the four best methods you can use for your SAT vocabulary practice sessions. The 4 Best Methods for Quality SAT Vocab Practice Now that you understand how vocab is tested on the SAT and how important it is, how can you study effectively for it?Here are some of the best methods you can use to get quality SAT vocab practice. Method 1: Use Flashcards and the Waterfall Method By far the best way to study SAT vocab is to make flashcards and use the waterfall method. The waterfall method is a way of going through a deck of flashcards so that you learn all the words in it- even the hardest ones! Here’s how to use this method: start with a deck of about 30-50 cards. This will be your Starting Stack: Go through the entire stack. Put the cards you know in a Know It pile, and the cards you don’t know in a Struggled pile as so: Now, pick up your Struggled pile and go through all the cards in it again. For the words you know, put them in a second Know It pile. For the words you don’t know, put them in a Struggled pile. This will give you two Know It piles and one Struggled pile: Repeat these steps until you have one to five cards left in your Struggled pile: At this point, you’ll have gone through your entire deck and should have multiple Know It piles and one Struggled pile. It's now time to work back up your "waterfall" of flashcards. To do this, combine your Struggled pile with your most recent Know It pile (i.e., the one closest to your Struggled pile). This will be your Working pile: Go through all the words in your Working pile until you've memorized all the meanings in it. If you forget any, go through the entire deck again.This might sound annoying, but it's a crucial step that'll ultimately help you memorize all the words and their meanings. Repeat this process bycombining the pile in your hands with the next Know It pile and then going through it in full until you’ve gotten down all the words' meanings in it. By the time you finish, you should be back at your Starting Stack.You now know all the words in your deck! If you have more vocab words you’d like to study, repeat this entire process (again, using decks of about 30-50 cards) until you’ve memorized all the SAT words you want to know. Method 2: Take an Online SAT Vocabulary Practice Test Another great way to get in some SAT vocab practice is to take online vocab tests or quizzes. Quizzes are great for putting your SAT vocab knowledge to the test.You can find (or make) an SAT vocabulary practice test through free websites such as QuizletandCram. On Quizlet, you can study with flashcards and then use the Test function to take a randomized quiz that includes only the words in your deck. Feel free to skip the question formats that aren’t relevant to the SAT. For example, you won't need to write in vocab words on the SAT, so don't bother doing the write-in questions. Cram is similar to Quizlet: with this site, you can study SAT words using digital flashcards and then take an SAT vocabulary practice test using the Test function. Again, some question types aren't particularly helpful, so try to focus on the questions that are most similar to those on the SAT, particularly the multiple-choice ones. A word of caution, though: if you’re studying with a pre-made flashcard deck, be sure to choose one that contains relevant SAT vocab.The difficulty and type of vocab have changed a lot since 2016.Therefore, the easiest way to ensure you're studying appropriate words is to look for decks created in 2016 or later. You should also check that the definitions and parts of speech are correct so that you’re actually learning the right information! Method 3: Read in Context Since the SAT is all about context, it’s a good idea to study SAT vocab by simply reading more in general.This method can help you make more accurate educated guesses on the SAT, and also teaches you to more quickly identify the tone and purpose of a passage. Here's how to use it: Find a paragraph or passage to read (see the next section for tips on what resources you can use). Begin reading it. Whenever you come across a word you don’t know in the text,try to use the context of the sentence it's in to guess its meaning. Look up the definition of the word (it also helps to see what its synonyms are since the SAT loves to ask for these). If you didn't know the correct meaning, write down the word and its actual definition on your vocab list or in your flashcard deck so you can study it later. If you'd prefer a more convenient way to read in context, try using the free browser application ProfessorWord. This application identifies potential SAT/ACT vocab words in online articles and provides definitions for them, too. Here’s an example of the application in action (using an article taken from The Atlantic): Method 4: Take Official SAT Practice Tests The final way you can get SAT vocabulary practice is to takeofficial SAT practice tests. This method is a great one to try after you’ve used most or all of the ones above and want to test out your vocab skills in the context of a full-length SAT. Moreover, you’ll get to see how questions are worded, what kinds of words you should know, and how much time it takes you to answer them.There are currentlyeight full-length tests available. I suggest taking one official practice test before you begin any SAT vocab practice.This way you’ll be able to get a feel for what questions and vocab words are most challenging for you. When taking a practice test, make sure to emulate real testing conditions as closely as possible: take the test in a quiet room and abide byofficial SAT time limits.Once done, check your answers and calculate your score. Take care to look closely at the vocab questions you answered on both the Reading and Writing sections. Here's how to proceed depending on how many vocab questions you answered correctly in your first practice test: If you got most vocab questions right, congratulations! You’re doing pretty well with your SAT vocab practice. Continue reviewing any difficult words using, ideally, a combination of the resources above (such as flashcards, websites, etc.). If you got most vocab questions wrong, take this as an opportunity to figure out what tripped you up. Were there too many vocab words you didn’t know? Did you run out of time? Look for patterns in your mistakes. Once you’ve determined your specific weakness, use SATReading and Writing practice questions, as well asofficial and unofficial full-length SAT practice tests, to track your progress. Top 5 Free Resources for SAT Vocab Practice So far we've given you our four best methods for studying SAT vocabulary. In this section, we give you the five best free resources you can use for top-notch SAT vocabulary practice. #1: The College Board We've already talked about the importance of using full-length SAT practice tests, but this isn't everything. Through the College Board website, you can access tons of official SAT practice questions, some of which center on vocab.In total, you'll get24 SAT Reading and 22 Writing questions, complete with in-depth answer explanations. Though most of these questions aren’t vocab questions, you can still use them to practice reading in context and to get a better feel for the types of words you’ll be expected to know on these two sections. #2: Khan Academy A partner of the College Board, Khan Academyis a free website offering tons of official SAT practice questions, which you can use to get even more quality SAT vocab practice. With this website, you can not only practice vocab in the context of realistic SAT questions, but you can also get tips on how to answer Reading and Writing questions and how to read passages effectively. For more advice, check out our articleon how to use Khan Academy in your SAT prep. #3: PrepScholar SAT Vocab List If you’re not a fan of having to look for SAT vocab words on your own, never fear- we make it easy for you! Our extensive SAT vocab list (coming soon) contains more than250 of the most common SAT vocab words.We chose these words based on what we found in official SAT practice tests and other high-quality online SAT vocab lists. The best way to use our vocab list is to make your own (paper or digital) flashcards.While you don’t need to memorize every single word, being familiar with them will definitely give you a leg up on test day. By studying our list, you'll waste less time trying to figure out the meaning of a word and will have a better chance of choosing the correct answer. #4: Anki Not into the idea of making paper flashcards for your SAT vocab practice? Then consider usingAnki as an alternative. Unlike Quizlet and Cram- those free flashcard-making websites we mentioned above- Anki is a free software you can download directly onto your computer. So, no,you don’t need to have an internet connection in order to use it when you study SAT vocab! With this program, you can downloadflashcard decks submitted by other users or make your own. Its special spaced-repetition software (SRS) makes it so that you’ll study difficult cards more often than cards you already know (similar to how the waterfall method works). #5: Newspapers and Publications If you’re studying vocab by reading in context, you'll need to find relevant articles in order to get high-quality SAT vocab practice. Studying for the SAT involves reading articles on a wide variety of topics.According to the College Board, you’ll get the following quantities and types of reading passages on SAT Reading: One passage from a classic or contemporary piece of US or world literature One passage (or pair of passages) based on a US founding document or text in the Great Global Conversation One social science passage Two science passages In addition, here are the types of passages you’ll see on SAT Writing: History Social studies Science It’s crucial toregularly read a variety of articles as you study vocab for the SAT. For example, it won’t help you to read only science articles since these will likely use the same types of terms and won’t teach you anything new after a while. Here are some of the best online (and free) publications to use for your SAT vocabulary practice: US and World Literature: The New Yorker, The Paris Review, The New York Review of Books, The Los Angeles Review of Books History/Social Science/Social Studies: The Washington Post, The New York Times, The Atlantic, Time, The Economist Science: Psychology Today, Wired, Discover, Popular Science Conclusion: The Best SAT Vocab Practice Although vocab doesn’t play a large role on the SAT, it’s important to know what kinds of words and questions you should expect on the SAT Reading and Writing sections. Most SAT vocab words are about medium difficulty and will have multiple meanings. By far the four best methods to use for your SAT vocab practice are as follows: Make flashcards and use the waterfall method to study all the words in your deck Take online vocab tests and quizzes on free websites such as Quizlet and Cram Read in context using high-quality resources such as online newspapers and literary magazines Take official SAT practice tests In terms of SAT vocab resources, we recommend starting with the College Board and Khan Academy to get as many official SAT vocab practice questions as you can. Other solid options include the following: Our PrepScholar SAT vocab list, which contains more than 250 high-frequency vocab words Anki, a free downloadable software with which you can make and download flashcards Online newspapers and publications that cover a wide range of topics and genres, such asThe New York Times, Psychology Today, and The Paris Review You're now equipped with all the most important info you need to start studying SAT vocab! What’s Next? Not sure which vocabulary words to study for the SAT?Check out our comprehensive list of 250+ SAT vocab words. Our ultimate SAT Reading guideexplainshow to read passages effectively and how to find the correct answer choice for Reading questions. Likewise,our Writing guideoffers expert advice on the most important things you need to know, from grammar rules to passage-reading strategies. Got more questions about the SAT's Evidence-Based Reading and Writing section?Our guide tells you what's tested on the Reading and Writing sections, goes over how each section is scored, and provides you with key tips for doing well on the SAT. Want to improve your SAT score by 160 points? Check out our best-in-class online SAT prep program. We guarantee your money back if you don't improve your SAT score by 160 points or more. Our program is entirely online, and it customizes your prep program to your strengths and weaknesses. 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