Tuesday, December 24, 2019

Fineal - 667 Words

HCA 230/ DR. LORRIE LARSON SARA JONES OCTOBER 22, 2015 I have assembled this presentation in order to demonstrate the proper usage of interpersonal communication when working with another individual/team. I chose to reveal my findings using â€Å"case study one.† When a group can no longer openly discuss common issues without a member becoming disgruntled with the argument, interpersonal communication is not being utilized within the group of individuals. In this particular instance, the conflict within the group is over political views. I believe we can all relate to the this particular topic, especially with the upcoming Presidential election in the near future. I am sure many of us have already began discussing which candidate†¦show more content†¦This will build their effectiveness to complete tasks successfully. 1. Carry out an audit for interpersonal communication skills among the group. 2. Discuss the different communication skills available for the group. 3. Practice their listening and questioning skills utilizing what they know about each other for reference. 4. They need to learn to manager body language, and the tones of their voices. 5. Learn and practice controlling negative thoughts before they become public to the group. 6. Understand how anger and poor remarks affect other people, and manage conflict more efficiently. †¢ http://www.employeeuniversity.com/videos/emotionalintelligen ceseries.htm †¢ http://www.employeeuniversity.com/videos/Dealing_With_Con flict.htm †¢ Personal Differences †¢ Cultural Differences †¢ †¢ †¢ †¢ †¢ †¢ †¢ †¢ †¢ Socio-Economic Differences Age Race Past Experiences Gender Language Belief Systems Historical Perspective Customs †¢ In conclusion, I hope you now have a better understanding of interpersonal communication, and how it is so very important to communicate respect to others in the work place. Exhibiting good interpersonal skills will reduce opportunity for conflict, and increase the overall ability of the group to perform and complete their tasks. I cannot express the extent of content that can be gathered byShow MoreRelatedProject Proposal On Non Profit Organization Essay1773 Words   |  8 Pagesquantative inerview questionaire 4th June, 2016 Filled up questioaire to get quantative information 9th June, 2016 Meeting with Supervisior and check the work done till date 11thMay, 2016 Complete Spss and take out the results 16th May 2016 Create fineal project report 2nd June, 2016 Edit final report if required as per discussion with supervisor 24th June, 2016 Submit the final report Reference CASE - Fundraising Fundamentals, Section 6.4. (2016). Retrieved from https://www.case.org/Publicati

Monday, December 16, 2019

Development of the Education System and Society Free Essays

string(106) " simultaneously more carefully and thoroughly in high-quality information sharing and learning societies\." It is been a fact that our educational system has reached far beyond our imagination. Through the development of our educational system, we are able to enhance our technology by inventing new inventions that will be useful and meet the societies’ needs; and thus, these create positive impacts to our society. It helps our society more lively and makes things accessible and a lot easier. We will write a custom essay sample on Development of the Education System and Society or any similar topic only for you Order Now Furthermore, as we continue to study this issue, we should try to understand what is an education and learn a little overview which regards to this. Education is the growth and improvement of the capacity of the individual to be useful member of our society through teaching and learning precise beliefs, skills and knowledge. Confidentially, it is the procedure of taking in knowledge of numbers and language which are learned from parents and more members of the culture of the students and concerning the execution of surrounding objects. The magazines, journals, books and digest in the field of education deal with the teaching and learning preparations and trainings which comprise game playing, testing, record keeping, seating arrangements, lectures, interests, scheduling, bullying, computer access and motivation. It is presently established and renowned that the greatest significant elements in some effectiveness of the teacher are the communication with students and the education and the teacher’s personality. The greatest teachers are competent to interpret knowledge of a subject, excellent adjudication, knowledge and wisdom into an important knowledge of a subject which is comprehend and kept hold of by the student. It is their capability to comprehend a subject expertly enough that they can be able to express its quintessence to a newfangled generation of students which is necessary of every teacher. The objective is to be able to establish a knowledge substance base which permits the student to develop as they are laid open into distinct life happenings. The transitory of knowledge from generation to other generation permits the student to develop and mature into a serviceable member of our society. The purpose of this study is to explore the development of the education system and its impact it had on society. Overview It is generally acknowledged that the procedure of education starts at birth and endures during the course of life. There are many perceive and have confidence with that education begins previous than this- as indication by several parents who play music or read to the baby, hoping that it will persuade and motivate the development of the child. Education is frequently making used to denote to â€Å"formal education†. Moreover, it conceals a variety of occurrences since formal learning up to the constructing of understanding and knowledge amidst of our day to day living. Eventually, every situation that we undergo aids or serves as a form of our education. Distinct people study and discover in distinct approaches and several things will have to be made clear several times in several distinct approaches before the majority of the students â€Å"gets it†. Several students, unluckily, will never â€Å"get it† in view of the fact that they don’t give any interest on it or have not able to learn sufficiently of the foundation knowledge of a prearranged subject to go forward to the next level. Each one of us receives informal education from several sources (see â€Å"Education†. Wikipedia, the free encyclopedia. August 25, 2006.   http://en.wikipedia.org/wiki/Education). Thus, this informal education and formal education will lead us to bring change in our society by making new or advancements in our technologies, just like in the field of IT. *Development of the Educational System and its impact it had on Society* Through the progress in our educational system, we are able to improve our technologies which help us connect globally. Advance technology is part of the development of our educational system. Moreover, it also enhances our economic stability by engaging businesses globally using the advance technology that we have learned through our education. Information technology as defined by Ben Meadowcroft in his study that â€Å"it is the technology that is utilized to store, manipulate, distribute or make information.  Several nonprofit and institutions are keen and enthusiastic to understand either developing technologies and the Internet posses an authentic positive impact on civil society and either nonprofits are taking hold of the chances to utilize technology in groundbreaking procedures in order to fulfill their assignment. On the other hand, technology can be able to utilize to gather together the people internationally around a shared cause to realize and accomplish world-changing outcomes far beyond the assurance of empowering nonprofit organizations in order to perform significant purposes like as fundraising, and recruiting unpaid workers more efficiently. In distinction to several of the undertakings expressed through William Galston, David Eisner declared that: â€Å"the truly transformative impact that the Internet will have on nonprofits is specifically in the area of building community.† James Austin stated that technology is redefining â€Å"community† while it is no longer concentrated on geography but then on another shared qualities which can connect people throughout cyberspace. He recommended a newfangled description of community â€Å"a group of people bound together by shared activities, purpose, and values.† As stated by Eisner, there are four inclinations that are unfavorable to understanding the internet’s influence in creating societies Ø   There are more people who will discover and realize that it is easier to form supplementary associations as outcomes of the internet. Ø   Inquiring each individual to give will become simple and uncomplicated since information and action can presently be incorporated. Example, contributors can read which regard the earthquake in India and then stretched and offer all at once through the use of internet. Ø   Reports, fundraising, online societies and procedures to lend a hand, which Eisner called the â€Å"cycle of engagement,† will turn out to be frictionless, in view of the fact that the internet empowers people to learn regarding a dilemma and do something without delay and flawlessly. Ø   By mean of networking, people can be able to perform simultaneously more carefully and thoroughly in high-quality information sharing and learning societies. You read "Development of the Education System and Society" in category "Papers" Online interaction gives a strong structural and administrative tool for advocacy operation and promotions. Mike Whitlam stated that â€Å"As a communication tool, as campaigning tool, it’s incredible.† But then, this strong association turn out to be a reality if not, nonprofit organizations posses the capacity to utilize technology. Eisner stated that: â€Å"What’s really important is even where grants are related to technology,  Ã‚  Ã‚   grant makers need to take an interest in their grantee’s technological proficiency in the same way that they take an interest in their staff capability, their management, and their financial credibility.† Turning to present inclinations in e-philanthropy, Austin declared that same as the Internet business world, the e-philanthropy society (with nonprofit and for profit) is undergoing distress labor pains. As Austin continued that there will be additional terminations and merging, but then the space will not disappear. The internet technology has irrevocably altered the philanthropic capital market. Austin was able to identify the four forces as the precarious shapers of the newfangled technology-based e-philanthropy society. Ant these are economic pressures, mistrust, clashing cultures and technology readiness. An article entitled â€Å"education and Economic Development† stated that the development of the internet has taken along newfangled chances and enhanced communication to several businesses and people. Globally, IT expenditure is foretold to upsurge by 35 percent in 2010, as stated by the research firm IDC (Worldwide Black Book, 2004). As an outcome, the need will increase for extremely equipped individuals to administer and support IT systems. In United States of America, every year there is an increase in need for those work forces have been the topmost amongst the It sector. Moreover, in several emerging countries, get into training on the newest technologies is either inadequate or unobtainable. An absence of way in to technology and education regarding its use is one issue contributing to the â€Å"gulf† amongst developed and developing economies. The said gulf is known as â€Å"digital divide† (see â€Å"Education and Economic development† http://www.cisco.com/web/about/ac227/ac111/cisco_and_society/education_and_economic_development.html). On the other hand, the article entitled â€Å"Science Education System Standards stated that the science education system standards give standard for adjudicating the presentation of the modules of the science education system accountable for giving schools with essential financial and intellectual means. In spite of the recurrent usage of the terminology â€Å"educational system†, the sense is frequently ambiguous. States are element of a national education system and schools are included as elements of a local society which can comprise universities and colleges, parks and museums, laboratories, community organizations, various media, businesses and nature centers. The initial purpose of the science system is to provide society with technically and methodically well-educated citizens. Resources and information invigorate the system. The information’s nature-the greatness of resources- and the tracks along which they move are managed and regulated through policies which are limited and controlled in instruments like judicial rulings, legislation and budgets. Systems can be characterized in an assortment of procedures which depend on the intention and the data to be communicated. An example of this is in figure below which portrays the overlap amongst three systems which persuade the preparation of science education. This kind of illustration is a cue that actions done in sole system have insinuations not only in science education but then again for other systems too (see â€Å"Science Education System Standards†. http://www.nap.edu/readingroom/books/nses/8.html). The overlap of three systems which persuade science education Organization of performance amongst the systems can work for as a strong and influential force for alteration. But then, if performances are at cross intentions, their results and influences can be refuted and invalidated and make waste and conflict. The overlap in the figure above demonstrates that everyday pursuits of science classrooms are persuaded and manipulated indirectly and directly through several organizations that are themselves systems. National organizations and societies, private sector special- interest groups and government agencies at the local, regional, state, and national levels are three amongst many. Organizations have senior manager officer and administering body that eventually are accountable for the activities of the organizations and persuade on science education. The sovereignty of government organizations to persuade classroom science originates from two sources and these are the: (1) legislative, judicial authority or constitutional, and (2) economic and political act.   Since education is not precisely brought up as a federal power in United States Constitution, authority intended for education exists in states or regional. Federal dollars might be sought out for precise usages but since dollars move through state organizations to local regions, their usage is lay open to alteration to meet up the state purposes. State education agencies usually have more unswerving effect on science classroom pursuits compared with federal organizations. The science education is also considered as a network to make easy thinking which concerns the system’s several interacting modules. Science education system’s components aid an assortment of purposes which persuade the classroom’s practice of science education. The functions usually made the decision at the state-but there are times that the local will do- level comprises the substance of the school science course, the traits and qualities of the science program, the character of science teaching, and evaluation practices (see â€Å"Science Education System Standards†. http://www.nap.edu/readingroom/books/nses/8.html) Several distinct organizations and trustworthy individuals interrelate. The illustration below portrays in what way is each individual and every agency from distinct systems interrelates in the groundwork, certification and science teachers’ employment. Science education system’s components which have a main influence on teacher’s certificate match in four classifications and these are: (1) professional societies like the American Association of Physics, American Geological Institute, National Science Teachers Association,   National Association of Biology Teachers and American Chemical Society; (2) program-accrediting agencies like the National Council for Accreditation of Teacher Education which confirms teacher educations programs and National Board for Professional Teaching Standards which confirms teachers; (3) higher education’s organizations functioning within and cross state, local levels and national. Professional societies normally are not supposed of as accrediting agencies but rather their membership criterions explain what a professional is. The illustration below was taken from â€Å"science Education System Standards†. http://www.nap.edu/readingroom/books/nses/8.html. A research study published in February 2005 entitled â€Å"the Impact of the State Higher Education System on the Texas Economy† and written by Carole Keeton Strayhorn explained that â€Å"Higher education has an important impact or effect on the Texas’ economy, increasing the Texas economic engine with 33.2 billion USD each year. Seeing that the system obtains just about 6 billion USD yearly in the state general revenue and regional property tariffs, each dollar capitalize in the higher education system of the state finally returns 5.50 USD to the Texas economy. This is an extraordinary and notable return, even for all-or-nothing technology instigation. But then, when it comes to the Texas higher education system, the risk factors are much higher. In favor of, the investors in Texas are capitalizing in the most significant business enterprise for the preparation of the young Texans’ future. With this fundamental role, state higher education funding is bringing up the rear ground to other state service industries. After regulating for inflation, expenditure on public protection and alterations increased 223 percent in the previous 15 years at the same time as real higher education spending increased only 44 percent throughout the same span of time. This study of Carole Keeton Strayton scrutinizes the economic impact of higher education by two extensive avenues. The initial and most direct impact is the supplementary sales, profits and service made by external dollars being brought into the Texas economy. The second is the long-term function higher education participates in escalating the capacity of the economy of the state by a more well-informed and beneficial work force. Her research presented that $3.1 billion in yearly student, investigation and health care-correlated higher education spending from out-of-state possessions is spent and re-spent by the Texas consumers and businesses every year to sum up $10.1 billion in economic amount produced. Furthermore, the Texas higher education system frequently links with the private sector to make occupations and enhance the Texans’ quality of life. Seeing together the profits and productivity-based methods, the Texas higher education system finally increases and multiplies the productivity capacity of the Texas economy having the average of 23.1 billion USD every year. Adding together the â€Å"supply-side† of profit to the $10.1 billion impacts from out-of-sate spending take along the sum total impact of the higher education system on the economy of Texas to 33.2 billion USD every year. The contribution of higher education to the Texas economy is considerable and significant than to other businesses. In reality, the totality of three years of the economic impact of the higher education exceeds Texas’ 72 billion USD gas and oil business or 62 billion USD high machinery and equipment business. Eventually, a few of higher education victories demonstrate the function of higher education in expanding and intensifying occupations and the eminence of life in every Texan individual (see Strayhorn, C. K. â€Å"The Impact of the State Higher Education System on the Texas Economy†. February 2005. http://www.window.state.tx.us/specialrpt/highered05/). In addition, the Texas higher education system comprises of 145 private and public colleges, health-related organizations and teaching centers and universities, comprising 44 private organizations and 101 state-supported. The admission every in university and college in Texas in 2004’s fall was about 1.2 million and was anticipated to range at least 1.3 million students in 2015. Texas, as one of the most populated states, the students depend heavily upon public instead of the private higher education organizations. As stated by the Texas Higher Education Coordinating Board, greater than 90 percent or about 1,064,620 students are admitted at its publicly-funded organizations which comprise universities (483,645), 57 community colleges and other two-year organizations (565,839), 35 and nine public health-related organizations (15,136).   The Texas’ public higher education is funded by a mixture of student fees, tuition, clinic and hospital revenue and other local endowments (see Strayhorn, C. K. â€Å"The Impact of the State Higher Education System on the Texas Economy†. February 2005. http://www.window.state.tx.us/specialrpt/highered05). References 1. â€Å"Education†. Wikipedia, the free encyclopedia. August 25, 2006.   http://en.wikipedia.org/wiki/Education 2. Meadowcroft, B. â€Å"The Impact of Information technology on work and society†. http://www.benmeadowcroft.com/reports/impact/ 3. Galston, William. â€Å"Creating Vibrant Spaces for Civil Society Organizations on the Internet after E-Commerce†. http://www.independentsector.org/PDFs/factfind4.pdf. 4. â€Å"Education and Economic development† http://www.cisco.com/web/about/ac227/ac111/cisco_and_society/education_and_economic_development.html 5. â€Å"Science Education System Standards†. http://www.nap.edu/readingroom/books/nses/8.html 6.   Strayhorn, C. K. â€Å"The Impact of the State Higher Education System on the Texas Economy†. February 2005. http://www.window.state.tx.us/specialrpt/highered05 How to cite Development of the Education System and Society, Papers

Sunday, December 8, 2019

Strategic Management Of Tesco †Myassignmenthelp.com

Question: 1. Critically examine the relationship and the need for compatibility between corporate strategic and functional management policies. 2. Analyse the internal and external influences on corporate objectives and strategy.3. Demonstrate the need for flexibility in strategic management and the practical limits of quantifying corporate strategy. Answer: Strategic Purpose Assessment of the Strategic Purpose of the Organisation in terms of Mission, Vision and Values The retail organisation selected for the current report is Tesco Plc., which is one of the biggest multinational grocery company based on the UK. The company was started in 1919 in London, UK by Jack Cohen. The core purpose of Tesco is, Serving Britain's shoppers a little better every day (Tesco PLC, 2014). The simple mission followed by the company is, to be the champion for customers, helping them to enjoy a better quality of life and an easier way of living (Tesco PLC, 2014). The strategic purpose of the company is to offer great products to customers at great value and that too in the right way. The values of the company have been designed in a manner that allows it put its mission into practice. Tescos values are to try hard for customers, to treat customers the way they want to be treated, and to do every little help because it creates a big difference. The Relationship and Compatibility between Strategic Statements and Functional Objectives of the Company Tesco in its strategic statements has stated that every step that it takes is related to its customers and serving them is at the heart of everything the company do. The main strategic intent of the company is to make sure that each of its customers gets a little better experience or service on every visit. The strategic statements of the company are compatible with its functional objectives because the functional objectives of the company are to understand customers by using any possible tools ranging from Clubcard to social media (Tesco PLC, 2014). The company also take significant steps to act as per customers need and to innovate by every means possible. Moreover, to offer a better quality of life to customers the company also acts responsibly towards the communities. The company has made its values a prominent part of its culture to reinforce the relationship between its strategic statements and its functions objectives (Tesco Plc Annual Report and Financial Statements 2015, 2015). External Analysis Analysis of the Broad Macro-Environment of the Company Political Factors: The government of UK has recently adopted a policy of fat tax with the main aim to lessen obesity and other health issues which are associated with it but these efforts can reduce the market share of Tesco but the company responded positively to this change by introducing the new range of brand new healthy food (Department for Business Innovation and Skills, 2013). Economic Factors: The UK economy has suffered from a severe financial crisis in its past years but it has been showing recovery with positive outcomes as it has facilitated the growth in supermarket industry in which Tesco basically operates. The GDP has got a hike of 2.7% greater than its previous years and this effective recovery encourage greater revenue growth for Tesco (Department for Business Innovation and Skills, 2013). Social Factors: Tesco has facilitated its customers to shop online which allows customers to get their favourite products during critical climatic conditions which reveals that Tesco has positively responded to social change in UK (Deloitte, 2013). Technological Factors: This is the era of internet and mobile as these two elements are the main aspects of technological advancements. Hence, Tesco has implemented effective mobile technology in order to improve its distribution services. Ecological Factors: Tesco aims to reduce the consumption of energy and ensure the utilization of green house gases with the main aim to balance and protect the environment in an efficient manner (Deloitte, 2013). Legal Factors: Currently, the government of UK is reforming the formal agricultural policy in order to give direct subsidies to farmers for their betterment. This may impact Tesco to lower its costs and hence, it is working harder to overcome this issue. In light of the above mentioned factors, some of the major threats and opportunities to gain sustainable competitive advantage may include: The economic recovery in UK facilitates Tesco to enhance its market share by providing quality products at good prices but the previous recession has changed spending of customers which has reduced the significance of large super stores. This can be a major threat as the organization has invested very heavily on the growth of large super stores. Porters Five Forces Analysis Threat of Substitute Products and Services: Tesco has gained maximum market share of United Kingdom which states that the new operators have to manufacture something very unique or at low prices in order to substitute the products of Tesco which reveals that threat of substitute products for food products in UK is very low. Threat of Entry of New Competitors: It requires the huge investment of capital and it is really very difficult for a new company to make its name in this field due to high capital investment and effective marketing strategy. Hence, the threat of the entry of new competitors is very low (Hill and Jones, 2012). Intensity of Competitive Rivalry: The intensity of competitive rivalry in regard to retail industry is quite high as Sainsbury and Tesco are neck to neck competitors but the recent survey has revealed that the sales of Sainsbury has slowed down. On the other hand, Aldis sales have seen a huge hike in its sales which enhances the intensity of competitive rivalry in UK. Bargaining Power of Buyers: The population of UK has juggled with recent financial crisis due to which people have become very aware of their money and they want to get more in less money which states that the bargaining power of buyers in UK is generally high (Pycraft, 2000). Bargaining Power of Suppliers: The bargaining power of suppliers is low as no one wants to lose great commercial contracts with huge supermarkets. Hence, the suppliers make sure to provide goods at minimum and legal prices to companies like Tesco (Tesco at a glance, 2013). Internal Analysis Strategic Capabilities Strategic Capabilities in Terms of Organisational Competences The key contributing factors in Tescos success is it strong customer focussed approach due to which the strongly localise and translates its stores as per the needs of the host countrys customers (Partridge and Sinclair-Hunt, 2008). It is notable that Tesco has always remained one step in front of its competitors. The policy of the company to offer high quality products to customers at low price is the strong strategic tactic of the company. The company has kept its prices low by enhancing employee efficiency, designing effective delivery system and avoiding wastes. Tesco has set up a global sourcing team to pick non-food products from around the world, and thus, by procuring from developing countries like China and India, the company keep its prices low (DIW econ Economic Bulletin, 2011). The website of the company is its another strategic capability that allows it to offer sheer convenience and comfort to customers. Moreover, the supply chain system of the company has been designed in a manner that effectively connects its stores with Tesco.com. The information technology (IT) of the company has been organisational competency since long as the company being the first to introduce RFID technology in its supply chain and has also implemented lean management for eradicating waste, improving quality and reducing price (Zhao, 2014). Another prominent competency of Tesco is its strong financial assets and market goodwill. It is considerable that the goodwill of the company in 2014 3,771, which in turn increased to 3,795 in 2015. Also, Tesco has introduced cross docking operation and used collaborative plan, forecasting and replenishment (CPFR) for supporting its inventory management. This has skilfully allowed the company to shun the need to store and lessen the inventory holding (Tesco Plc Annual Report and Financial Statements 2015, 2015). The below mentioned VRIO analysis presents the difference between the unique and basic resources of the company: Resources Valuable Rare Imitable Organisation Advantage IT integration Yes No Yes Yes Temporary Supply chain management Yes No No Yes Temporary Workforce Yes Yes No Yes Permanent Club Card Yes Yes No Yes Permanent Unique Store Format Yes Yes No Yes Permanent Cost efficiency Yes Yes Yes Yes Permanent Analysis of the Business Functions of the Company Tesco is one of the largest food retailers across the whole world and it is functioning smoothly with its 2318 stores across the globe. The company also provides the platform of online shopping to its customers with the help of its subsidiary, Tesco.com. Among all its stores in different countries of the world, UK is its largest market which has been operating under four banners since long time namely; Extra, Superstore, Metro and Express. Apart from this, the company ensures that its activities do not harm any element of environment with the help of effective measures and environment sustainability. The business function of Tesco involves identifying, scanning, analysing, forecasting and then producing a product to suit the choices of customers. On the other hand, Tesco knows how to deal with major threats and take effective measures time to time in order to overcome them and to utilising the approaching opportunities for the betterment of the company. The overall analysis shows that the business function of Tesco is very fruitful for the customers as well as the employees of the company (Partridge and Sinclair-Hunt, 2008). Basis of Competitive Strategy Bowmans Strategy Clock explicates eight different strategies, such as no frills, low price, hybrid, differentiation, focussed differentiation, increased price/standard value, increased price/low value and standard price/low value, which companies can adopt for attaining competitive advantage on customers (Bowman and Faulkner 1996). Source: (Bowman and Faulkner 1996) From the eight strategies, Tesco has adopted hybrid strategy as it offer products at low price to consumer, but at a higher perceived value as compared to its competitors. Tesco has achieved a market reputation of charging highly fair prices for high superior quality goods. Tescos hybrid strategy is the basis of its competitive advantage as the prices of its products are low and customers are also assured of the quality and value. This combination in turn creates customer loyalty for the company. The company has attained this strategy by making its supply chain highly effective and efficient, i.e. free of wastes and timely delivery of products. The company also source high quality raw materials from developing economies at cheap prices so that it can offer equally low price goods to customers. Tesco has also pertinently used technology for sustaining its hybrid strategy by offering products direct to customers and eliminating any third party so that prices can be kept low (Baroto, Ab dullah and Wan, 2012). Strategic Choice and Strategy Evaluation Key Directions for Future Growth for the Company by using Ansoffs Matrix Figure: Ansoff Matrix Market Penetration: For market penetration, Tesco has to extend its products and services to the UK market, which in turn will help it in improving its sales. It is notable that the sales of Tesco in the UK have declined in past few years. Thus, it is essential for Tesco to restore its competitiveness not just by using its products by also by reinvesting in its stores to offer a unique experience to customers (Thomson and Baden-Fuller, 2010). New Product Development: Although, there are risks in introducing new product, however if a new product is introduced with utter care and research, it can bring huge returns. Tesco can rely on the expansion of non-food products. The company should focus on bringing new financial services to the market for regaining consumer interest. The retailing industry is currently going through overcapacity, and thus innovation is the major driver for growth and development (Wit and Meyer, 2010). New Market Development: Tesco should consider expanding to new markets like India, China, Japan and so on. It is notable that entry to new markets will act a key growth driver in Tescos revenues. Although, Tesco has expanded to Asian markets, but a more aggressive expansion will benefit the company as Asian markets are demonstrating a rise in consumer spending and are also demographically highly prospective markets. Therefore, for new market development Tesco should consider starting new and unique stores in Asian countries like China, India, Japan, and Singapore and so on (Sumer, 2010). Diversification: Diversification is one of the riskiest growth options as it diversifies the company completely from its current product line. In this regard, Tesco can expand its diversification of coffee shops to Asian market. The company has already diversified to different new products and services, such as financial services, and hence, this new diversification will allow the company to gain large market share (Cuthbertson, 2012). Selection of one of the Options of Ansoffs Matrix In light of the above options, it is noteworthy that in terms of market penetration and market development, Tesco is already working enough. It is now time to come up with novel product, and as a result, diversification is the best suitable option for Tesco for future growth. Suitability Diversification strategy is suitable because it is taking advantage of the external opportunities will minimise the threat of low sales and extensive competition. It is important to note that demand of coffee is increasing in Asian countries especially in China, and thus adopting this strategy will benefit the company. This strategy can also be built on the internal strengths of the company of an effective supply chain management and price efficiency. Acceptability Acceptability is related to whether the expected results of the proposed option will comply with stakeholders expectation or not (Jhonson et.al, 2011). The key stakeholders of Tesco are: Employees: require job security, safe environment and future growth, which diversification will bring Suppliers: want timely payment and demand. This can be done as diversification will enhance companys revenues Shareholders: demand high returns on shares, which is possible with better revenues by using diversification strategy Customers: want quality products and reasonable price and the company can offer this by utilising its competencies. Feasibility This factor is related to the capabilities and competencies of Tesco (Johnson, et al, 2011). On the basis of the internal analysis, it has been observed that Tesco has potent capabilities that will help the company (Johnson, et al, 2011). The company effectively used IT, its hybrid business strategy and differentiation of products and services will allow it to implement this strategy. Also, the club card scheme will enable the company to build a loyal customer base. Conclusion and Recommendations Conduct an overall summary of the strategic issues facing the selected company and evaluate how the selected company can, a) Make the most of their strengths b) Circumvent weaknesses c) Capitalize on opportunities d) Manage their threats. References Baroto, M.B., Abdullah, M.M.B., and Wan, H.L. 2012. Hybrid Strategy: A New Strategy for Competitive Advantage. International Journal of Business and Management; 7 (20), pp. 120-133. Bowman, C., and Faulkner, D. 1996. Competitive and Corporate Strategy. Irwin. Cuthbertson, C. 2012. Retail Strategy. UK: Routledge. Deloitte. 2013. The path to 2020: taking the long view of retail market entry. [Online]. Available at https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Consumer-Business/dttl_cb_Path-to-2020_WEB.pdf [Accessed on: 30 July 2016]. Department for Business Innovation and Skills, 2013. 2013. [Online]. Available at https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/252383/bis-13-1204-a-strategy-for-future-retail-industry-and-government-delivering-in-partnership.pd [Accessed on: 30 July 2016]. DIW econ Economic Bulletin. 2011. THE POWER OF RETAILERS. [Online]. Available at https://diw-econ.de/wp-content/uploads/2014/02/DIWecon_Bulletin_No3_2011.pdf [Accessed on: 02 September 2014]. Hill, C.W.L. and Jones, G.R. 2012. Strategic Management Theory: An Integrated Approach. Cengage Learning. Johnson, G. et al, 2011. Exploring Strategy. 9th ed. England: Pearson Education Ltd. Partridge, L and Sinclair-Hunt, M. 2008. Strategic Management. New York: Select Knowledge Limited. Pycraft, M. 2000. Operations Management. Pearson South Africa. Sumer, K. 2012. Business Strategies and Gaps in PorterS Typology. Journal of Management Research, pp. 110-112. Tesco at a glance. 2013.[Online]. Available at https://files.the-group.net/library/tesco/annualreport2013/pdfs/tesco_annual_report_2013.pdf [Accessed on: 30 July 2016]. Tesco Plc Annual Report and Financial Statements 2015. 2015. [Online]. Available at https://www.tescoplc.com/files/pdf/reports/ar15/download_annual_report.pdf [Accessed on: 30 July 2016]. Tesco PLC. 2014. [Online]. Available at https://www.tescoplc.com/index.asp?pageid=6 [Accessed on: 30 July 2016]. Thomson, N. and Baden-Fuller, C. 2010. Basic Strategy in Context: European text and cases. John Wiley Sons. Wit, B.D. and Meyer, R. 2010. Strategy: Process, Content, Context, An International Perspective. Cengage Learning EMEA. Zhao, S. 2014. Analyzing and Evaluating Critically Tescos Current Operations Management. Journal of Management and Sustainability, 4 (4), pp. 184-187.

Sunday, December 1, 2019

Physics Lab Report Impulse Sample

Physics Lab Report Impulse Paper Inspire Calculator was connected to the force sensor in order to track and create data that would be shown in graphs on the calculator. Because we had to compare the collision of the cart with the force sensor with and without the plunger, it would force us to run two trials in total (one run with the plunger, and one run without the plunger). Once all of the materials were prepared, I began with run one, which was with the plunger, and later run ova without the plunger. After running both trials, assuming that accurate data was gleaned, began to analyze and compare the data obtained trot the torte sensor. The It-Inspire Calculator created data and statistics graphs as Force (N) by Time (5) graphs. In order to easily see the physical differences between the two graphs, we manipulated the menu of the calculator and placed both graphs on the same screen, one on top of the other. In the data collected, run one (with plunger) graph was physically more round than that of run two (without plunger) as run twos graph was much more sharp and looked more of a triangle like shape. As genealogically innovative as the It-Inspire Calculator is, it also calculated the time of impact for each run. We will write a custom essay sample on Physics Lab Report Impulse specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Physics Lab Report Impulse specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Physics Lab Report Impulse specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The start time of impact for run one was 1. 78 seconds and the end time was I SC seconds, therefore the duration Of impact was 0. 12 seconds. For run two, the start time of impact was 1. 82 seconds, and the end time was I . 88 seconds, so the duration Of impact was C. Ass. It was peculiar to find that the duration of impact with the plunger was approximately twice as long than without the plunger for me, as well as the majority of my classmates. Next, by using these graphs, I found the peak force of both runs and after discovering the peak forces; found a noticeably different amount of force between these runs. The peak force for run one was 12. 54 N, and the peak force without the plunger was 19. 49 N. Although there is a great difference between these two numbers, it does make sense because the plunger causes the cart to hit the force sensor with more of a cushion and absorbed much tooth energy when colliding into the censor, which makes the direct Iranian with the force ensure less than a direct impact tot the cart with the flat side Later we calculated the impulse of both of these trials using the It-Inspire Calculator, which named impulse as the integral. In order to calculate the impulse, we used the calculator and calculated the area of the graph for each graph. The impulse of run one was 0. 947 NOSE and the impulse of run two was 0. 584 NOSE. As a class, we came to a conclusion that the impulse of the cart with the plunger was larger than that of a cart without the plunger. Lastly, we used our previous calculations (impulse and duration Of impact) in order to calculate the average f orce of the run. The formula to find average force is impulse divided by duration Of impact. The average force Of run one was (0. 947/0. Ass 7. 89 N, and the average force of run two was (0. 584/0. Ass) 9. 73 N. Moreover, the average force With the plunger is less than that Of the average for without the plunger. Also, it was consistent that the average force of both trials was both significantly less than the peak force for each corresponding trial. In conclusion, there were many differences between the calculations found teen the trials with and without the plungers of the lab cart. The key differences were the differences between duration of impact, average force, and impulse of both trials. Part II: As a follow-up lab activity to Part l, we completed a lab in which was to compare the impulse applied to the cart and the change of momentum of the cart. Our goal was to support with Impulse-Momentum Theory with the results that we collected. To begin, we would need a few additional materials to conduct this lab activity. This lab required the use of both the CUB motion sensor as well as the Orca censor to record the position of the cart as well as the force of the cart once it collides with the force sensor _ In order to use both of these sensors simultaneously, Mr.. Patterson introduced a new technology and it avgas named *lab cradle, which in basic terms, was a multi-channeled data collector with multiple USB ports, and allowed for the connection of more than one sensor. Once these materials ever plugged in and ready to use, eve began to run trials by pushing the lab cart across a flat track and starting the sensors at the same time to record data. After running a few trials to obtain decent data, the It-Inspire showed two graphs that were Force (N) vs.. Time (s) and Position vs.. Time (s). Both graphs were in the shape of triangles, but the Force graph looked much slimmer because we were not able to zoom into the duration of the collision alone. Upon collecting this, was able to find the impulse, which turned out to be 0. 785 NOSE. Later, we created a position vs.. Time graph that appeared to be a triangle as well. We used this graph to find the velocity of the cart before the collision and after, which ere the left and right side of the graph respectively.