Powdered Milk as Casein Glue

Powdered Milk as Casein (Anacardium Occidentale) Used as Alternative Glue A Research Paper Submitted to the Faculty of Victorious Christian Montessori – Imus Block 11 Lot 36 Tacloban St. Southern City Tanzang Luma, Imus Cavite In Partial Fulfillment of The Requirements for Graduation (Grade School) Rachelle Ann Calaustro Dylan Andrei Paus March 2O13 DEFINE INTRODUCTION In our Grade School Life, we are really going to need glue. First problem is some of students can’t afford expensive glue because of difficulty in money; the effect is, now the students are enabled to do their project or artwork because of lack of glue.The second problem, glue can be a risk for the children to use because some of glue has toxic chemicals that can harm them. And the researchers don’t want that to happen. The researchers thought of an idea that will solve the problems of many people. So the researchers come up with the idea of using Powdered Milk as Casein Glue. This glue is non-toxi c and is eco-friendly. This cannot harm the children and is much cheaper than the glue that is sold in the stores because some of the ingredients can usually find in the house. It becomes ore interesting for the children to use it because we add some coloring in them. Project Charter Objectives 1. To provide glue that is non-toxic so it won’t be a risk for the children/people to use it. To test and compare the level of adhesiveness, texture, color and odor perceived by the selected users ( Pupils and Teachers ) Significance of the Study The researchers believed that the result of this study benefited the following: 1. To the Students. This will help the students in their project or artworks in class or in the house. 2. To the Kids.This will not harm the kids if they accidentally eat it. 3. To the People. This will help them to consider our glue instead of other glue. 4. Researchers. This will help them to analyze what is the importance of making an eco-friendly project. Scope and Delimitation (Focus and Directions) The study covers only to produce and test the effectiveness of powdered milk as casein glue. DEFINITION OF TERMS Curd-  are a  dairy product  obtained by  curdling  (coagulating)  milk  with  rennet  or an edible acidic  substance such as  lemon juice  or  vinegar, and then draining off the liquid portion.The increased acidity causes the milk proteins (casein) to tangle into solid masses, or  curds. Coagulate- To cause transformation of (a liquid or solid) into or as if into a soft, semisolid, or solid mass. Casein (AnacardiumOccidentale) -is a protein that is found in milk and used independently in many foods as a binding agent. Technically, it is part of a group called  phosphoproteins, collections of proteins bound to something containing phosphoric acid. It may also be called  caseinogens, particularly in Europen food. Ingredients and Materials Needed Powdered milk |White Vinegar | |Baking soda | Water | |Food Coloring |Sieve | |Container |Measuring Cups Procedure: 1. Heat a casserole with 168 grams of milk powder and 1 liter of water. 2. Stir the milk powder until everything is dissolved. 3.Turn off the stove, and then add 56 ml vinegar. 4. After stirring, separate the curd from the whey using a sieve. 5. Place the curd into a pan then add little water and a tablespoon of baking soda. 6. Heat the mixture until it starts to bubble. Stir it and let it cool. 7. Add drops of food color until you get the right color that you want. 8. Put it in the container then put it in the refrigerator to let it cool. MEASURE |MATERIALS: |COST: | |Powdered Milk 80 g. |23. 50 Php | |Baking Soda 125 g. No budget required | |White Vinegar |No budget required | |Food Color (optional) 20 ml |No budget required | |Water |No budget required | |Sieve |No budget required | |Container |10. 00 Php | Methodology Method of Research The method that we used is descriptive research. Method of Collecting Dat a The researchers collect the information and data mostly in the market and in the house. Another method of collecting data used was survey. Time and Place of Study The study was conducted in the Victorious Christian Montessori- Imus. Statistical ToolsThe following are the statistical tools that used in this research as an instrument basis for quantitative analysis, sufficient interpretation of an existing data. A. Frequency – it is a statistical treatment wherein data are organized and counted into a desired form. B. Percentages – the percentages of a given frequency is obtained by dividing the frequency with the total number of frequencies or number of population then multiply the quotient by 100. The formula is: F P= ——– x 100 N Where: P = percentage F = frequency N = total number of respondents Advantages of Powdered Milk as Casein(AnacardiumOccidentale) used as an Alternative Glue: 1.It is safe for the children to use because it’s only made of milk. 2. It is environmentally friendly because we don’t use chemicals that can harm the environment. 3. It’s easy to prepare. 4. It has pleasant odor than the one that is sold in the bookstore. Disadvantages of Powdered Milk as Casein (AnacardiumOccidentale) used as an Alternative Glue: 1. It’s not quick to dry. Summary The researchers conduct this study to determine if the glue made of milk powder is really effective. The researchers found out that it is only craft glue which means it is effective on different kinds of paper and other things for art. The descriptive research was conducted at Block 11 Lot 36 Tacloban St.Southern City, Tanzang Luma, Imus, Cavite. The milk powder has protein casein. Liquid casein is natural glue that’s why milk is able to be glue. Another method of collecting data used was a survey. It was used for the respondents so they can test it if it really works. We prepare survey forms for the respondents, and every survey form has written questionnaire that they would have to answer while testing the produced product and the commercialized product. As we did the survey some of them have negative answers while the other has positive answers. Conclusion The following conclusion has been made after undertaking and studying the survey forms.According to the survey 10 out of 12 agrees that our produced product has strong adhesiveness and 2 out 12 says that it has only moderate adhesiveness. On the Level of Texture there are 11 out of 12 who says that it is smooth and there are 1 out of 12 that says it is slightly rough. On the Level of Color 11 out of 12 respondents says that it has bright color and 1 of 12 respondents says that it has dull color. On the Level of Odor 10 out of 12 says that it has pleasant odor and 2 out 12 says that it has unpleasant odor. Recommendation We recommend the students and children to use it because it doesn’t have chemicals that can harm them. We recommend using the gl ue only for art materials. It’s easier to do this at home instead at school.

What Really Makes Factories Flexible

Introduction: In this literature, â€Å"What really makes factories flexible? † the writer brought out the topic for factory flexibility, which defines as a production  facility  organized  to  respond to customer orders quickly in order to provide  a  full  and varied range  of  operations  or  services, across many  product lines with very short  changeover times and may introduce new products of similar range fairly easy. For example, most modern  automobile plants  are designed as  flexible  factories to build various models. Having acknowledged the importance of flexibility, how would manufacturing managers in a broad array of industries find pathways to improve the process? What are the difficulties of defining flexibility of a plant and how do they measure flexibility in terms of plant productivity? What measurements are needed to show improvement of the process? The author performed a research in a study of sixty-one factories in North America that manufacture fine paper to find out the answer. Define the problem: Unlike most other industries in which different plants make different products, the paper industry's products are more comparable across plants since paper are produced by very similar process. There are a few characteristics for the paper industries to be the right candidate. In paper industry, the qualities of products by grades are straightforward numbers which can be able to be measured by the author. These numbers enabled the author to develop both the range of paper a plant could produce and how much time it needed for a plant to switch from making one kind of paper to making another. By using these numbers the author was be able to define the operational flexibility for manufacturing plants needed to measure and find the ways to improve the processes. Defining the problem is the first thing needed by each manager. â€Å"What is flexibility? † Managers are having hard times to define as the term may mean very different for different people. At plant level, it is about the ability to change over or adapt new system, however, specifying and characterizing this ability is not an easy task. As one manager may talk about the flexibility to produce the types of production from up and down depending on what the market needs; another manager may talks about the flexibility to change over from making one type of paper to another with less time and money. In the author's point of view, flexibility should be emphasized in determining by its competitive environment. The measurement of flexibility can be based on a) product range in different things as a plant can have the ability to produce a small number of products that are very different from one another b) mobility for a plant to change over from making one product to another and c) uniformity of performance as a flexible plant can perform comparably well to make any product within a specified range. Once managers have defined the different kinds of flexibility they are trying to develop, another set of issues had come up as how to measure the flexibility and improvement of flexibility. Also it is often unclear in which general features of a plant must be changed in order to make its operations flexible. The depth and wisdom of experience managers have to be carefully assessing their strategies to define what kind of flexibility they are looking for before embarking on a flexibility program, or otherwise the results can be disastrous. Implication and analysis to select best alternatives: By collecting production data, the author was able to measure the breadth of paper grades that each plant was capable of producing and the changeover time that each plant required to switch between grades. There were additional measurements of flexibility such as workforce by length of service, the level of computer integration (CIM), the change and break frequency, etc. Each plant may emphasize in a whole range of factors from different quality and types of flexibility based on the managers, so end up there are large differences across plants. One major issue covered in this literature is that the degree of computer integration (CIM) does not really help on plant flexibility by increasing range of products produced or improving change over time even though large money was invested in it. Managers often have difficulty justifying CIM projects on the basis of cost savings or quality improvements therefore justify them on basis of improved flexibility CIM will provide. In this case, only the engineers or a few trained employees understand how the system works; most of the plant operators are not trained to operate which create problems. Operators instead decide to perform manual-change over, which in a surprising findings the best manual change system operate much faster than computer. This result shows the serious problem from operators as they have no interest to adapt the change to operate CIM. It hit hard on the managers with thoughts being reluctant that they are doing something right, but actually they are wrong. Implement decision to change the system: For successful manager to figure out the issues of CIM before implementing it in a plant, they should consider building up skills for their operators. As the author denoted, â€Å"Plants become more flexible when managers stress to workers the importance of flexibility. For example, a plant that wants to excel at customizing products will need to develop the capabilities to carry out large range of jobs in the plant. Managers then need to determine what type of workforce or equipment (ex CIM) needs to enhance flexibility. After that managers need to figure out different ways to measure the type of flexibility sought and emphasize the importance of the measures to the employees. Trainings should be added in th e process to build up experienced workforce and eventually to see improvement in flexibility. For example, continuous learning problem such as operational excellence may help management team in different level to control and maintain a flexible manufacturing plant. Evaluate the outcome: By integrating the appropriate steps to a) defining the problem of flexibility, b) implication and analysis to select best alternatives and c) implement decision to change the system, the next step is to evaluate the outcome to see if there is any improvement or if not, further alterations will need to be made. Outcomes that need to be evaluated are not limited to employee training in different level. Employees training based on experience are critical for a manufacturing plant to increase flexibility. More experience workers are not willing to adapting the new systems such as CIM comparing to less experience workers who are more willing to change. Conclusion: A good manufacturing management team designs what is best way for its plant to run, and plants that are flexible in terms of mobility (in terms of change over time) and range (in terms of various productivity) tended to have a clear measures of what flexibility should be developed. Managers have to decide what benefits the plant, how the plant operate, what kind of flexibility they are looking for, select the right decision making tools such as CIM, training for the employees based on different levels of experience, analyzing the data and provide surveys for customers. Managers should provide people the support needed in order to achieve the goal for lower the cost, decreasing change over time, increasing throughput and eventually make more money. Manager should never put too much faith in depending on CIM to complete the tasks in ease. CIM provides critical advantages to improve factory flexibility only if it can be implemented in the right way to fit the system. CIM generally needs experienced operators to control so trainings are critical for employees in different level. CIM could only be one of the alternative tools for managers to use. The flexibility of a plant depends much more on people (manager, field-supervisors, engineers and operators) than on any technical factor (automation, CIM). Managers should never only embraced in CIM as the solution to the growing need to forge new capabilities, instead managers should put more faith in the day to day management of people. Extended Research: I read two other articles which were written within the last three years. It is obvious that both articles talk about how computer integration both software and hardware can help to improve process flow and flexibility of a plant. This is because a more mature CIM system has been established through studies from field experts and universities. In general, employees nowadays understand that continuous learning is the keys to maintain competitiveness in the job market. This doesn’t mean that managers’ job are easier to do, but flexibilities in all level from a plant, a team, or just individual are critical in order to maintain a competitive advantage. Reference: 1. Manufacturing Flexibility – Synchronizing the Shop Floor and Supply Chain by Aberdeen Group 2. Improving Plant Performance and Flexibility in Batch Process Manufacturing: With an Example from the Food and Beverage Industry by Filippo Focacci

Strategic Management Real insurance Essay Example | Topics and Well Written Essays - 3000 words

Strategic Management Real insurance - Essay Example Insurance provision flourishes on records and the skill to strategise information from a range of diverse sources to issue course of actions and supervise. Consequently the rapidly growing division in the insurance business is the incorporation of wide-ranging business processes, for instance underwriting policies, executing policy controller services, and reporting argues into workflow structures. Sensitive industry antagonism, augmented customer hopes and requirements for larger effectiveness are chief drivers shoving the insurance business to reassess its tactics and to adjust its long-established in use processes. Insurance organisations, such as Real Insurance, should gather the advantages of modernised Web-based flow mechanisation, lessening expenses of operations and cutting decision making time. By employing online automation, Real can divest the vastness of this practice and enhance profits by giving end users direct access to their records online instantaneously and letting them to deal their own service requests, ask for an excerpt and even join and download a policy (Liang, 2000). Sharing and swap of confidential information between numerous public and corporations need by insurance industries. The test is how to achieve this harmlessly and cost effectively while promising customer trustworthiness and keeping high levels of customer satisfaction. Likewise it is essential to certify that only authorised staff can access restricted consumer statistics or supervise claim records in line with the Privacy laws. This process can be considered a great innovation by handing over not only information access but also operational transactions to the end user. The revolution will have the following impact on the insurance industry (Cockburn, 2001): Upgrading level of service to clients, Noteworthy cost reduction Versatile flexible, groups and products presented, Updated procedural effectiveness Better control of technology. 2. Outline of the analysis with reasons of the selections The link between Knowledge Management and Strategy (Zack, 1999) is the key to Web-based Insurance Structure of Real Insurance and will enable this organisation to find gap between knowledge and strategy (Refer figure 1). Figure 1: 2.1 Modernised form of Insurance The function of Internet and associated information technologies is to create and allocate insurance functionalities. In an advanced sense, it

HOW CAN A BUSINESS DEMONSTRATE ITS RESPONSIBILITIES TODAY Assignment

HOW CAN A BUSINESS DEMONSTRATE ITS RESPONSIBILITIES TODAY - Assignment Example The essay "HOW CAN A BUSINESS DEMONSTRATE ITS RESPONSIBILITIES TODAY " analyzes demonstrating the responsibilities of business in the fashion retailing in Europe. Firms hold a lot of authority and power in the social and national economy. They have lot of investments, assets and millions of cash for social programs. Some companies invest in corporate responsibility but most of them devote their time and wealth for environment sustainable growth, social welfare programs to benefit colleagues, customers, employees and the whole community at large. In this paper, the issues of CSR, its best practices and importance for this sector will be evaluated and necessary recommendations will be provided. Fashion retailing is a concept in which business skills and creativity is being combined to market, display and sell fashion in different areas. Its main objective is to satisfy and meet the consumer needs from time to time and accordingly increase sales. This can only be possible if awareness i s maintained throughout the time, to keep learning the new style, to launch and promote various campaigns at various places. The top fashion and clothing retailers in Europe are H&M, Arcadia, Inditex, Benetton, Marks & Spencer, Esprit, C&A, Debenhams, Primark, Next. There are more than 2150 fashion retailers in Europe. Brands like Abercrombie & Fitch, Hollister, Forever 21, Uniqlo excites European consumers mind and heart. Europe’s fashion industry is running by the brands named Inditex group, Dutch Company C&A.

Autistic Spectrum Disorder (ASD) Essay Example | Topics and Well Written Essays - 2750 words

Autistic Spectrum Disorder (ASD) - Essay Example The clear-cut linkage between ASD in these instances notwithstanding, the causes of ASD remain unclear in higher than 90% of all instances, but in the current studies, a lot of focus is directed to proving the genetic linkages by identifying the specific genes allied to autism. Meanwhile, in the absence of concrete genetic evidence for autism, documented empirical data concerning autism cases provides a basis for the estimation of recurrence risk, which has been found to be about 5% when only one child in a family is affected but considerably higher than that to about 25% when more than one child is affected. Rate of recurrence risk is also determined by sex of the foetus because a male foetus has been found to be about 3-4 times more likely to develop autism than a female foetus; in this respect, the recurrence risk in accordance to sex is about 2% for a female foetus but close to 8% for a male foetus. In understanding the etiology of ASD, professionals in the field of medicine have proposed several theoretic frameworks; for instance, Gerrad and Rugg 2009 propose the development of a standardized framework for analysing autistic characteristics to facilitate the identification of subgroups and the location of biological markers for genetic variation (Gerrad and Rugg 2009, p.1449). The two also support the neuroconstructivist model that contends that peripheral sensual defects interrupt compilation of complex skills, influence synapto-genesis, synaptic pruning and myelination, and manifests themselves as autistic conducts. Of all the cognitive-developmental disorders, autism is perhaps the most clearly genetically determined and by combining universal rates of autism and sibling recurrence, there emerges a simple genetic model that categorizes... This essay stresses that Autistic Spectrum Disorder (ASD) represents a group of neurodevelopmental disorders that manifest in infants less than 3 years of age and lasts for a lifetime; autistic children present with impairments in social interaction, communication and repetitive patterns of behaviour. Cases of infantile autism are prevalent in the world today with males being overrepresented with a rate of sibling recurrence risk that is nearly 4 to 5 times higher than females in families. The etiological foundation of autism is highly elusive to clinicians in the world, but the genetic explanation prevalent in current research is attributable to the observations that the rate of recurrence of autism in the siblings of autistic individuals is much higher than the rate of recurrence in the general population. This paper makes a conclusion that one of the most influential theoretic models in existence insofar as autism is concerned, the neuroconstructivist model, posits that compilation of complex skills, synapto-genesis, synaptic pruning and myelination are disrupted by peripheral sensory abnormalities. In the educational settings, autistic children mainly struggle with communication and social interaction problems, with difficulties particularly in both verbal and non-verbal communication, in addition to the ability to interact with peers in leisure or play activities. Autistic children present a myriad of challenges to educational settings because unlike neurotypical children, autistic children require special interventions.

Andean and mesoamerican societies Essay Example | Topics and Well Written Essays - 500 words

Andean and mesoamerican societies - Essay Example In this discussion, the war methods of the two societies are explored. Both Andeans and Mesoamericans did not have complicated weapons for war fighting. They both used traditional war tools for hunting purposes, however, the approach in fighting their enemies varied. Mesoamericans had organized war fare than the Andeans. Andeans had poor weapons against their enemies and they majorly relied on the old war tactic methods. They used tools such as, flint- tipped spears, and cotton quilted tunics, bows and arrows to fight their enemies.1 In addition, they had no technologically advanced weapons, and this made them suffer defeat in many war stages. 2 Their poor war methods and choice of traditional weapons made Spanish triumph over them during the war. This led to the capture of their emperor by the enemies because of their technological vulnerability and cultural gap. Mesoamerican’s war was occasionally based on raids. Their wars fare rose as a result of the destruction and seizing of fixed assets. They had different methods of fighting. These methods were based on experience and skills, which they had learnt over the years. During wars, they retreated strategically to their familiar territories. Notably, they had to siege cities during the wars to counter their enemy. They also used alliances method. The alliances made the weaker enemies defeat the most powerful enemies, who were likely to beat them in the war. This method worked greatly in their favour. Another method of fighting the enemy was the destruction warfare methods. This method majorly included burning. The jungle terrain of their land also made it more complicated for their enemies to reach them. 3The warfare used was also through control of trade routes, which made them defend their cities with defensive structures like gateways, earthworks, and palisades. At some point, they could use hunting tools for war purposes. Moreover,

Philosophy of Education Assignment Example | Topics and Well Written Essays - 500 words - 1

Philosophy of Education - Assignment Example Personally, I consider teaching as a platform where the pupil’s future will be greatly shaped by the kind of teachings they receive from me. Concerning the teachings offered at kindergarten, the approach is rather different in comparison to other levels. Normally, it does not just entail a curriculum that is easy to understand. Rather, the first days are usually vital for every kindergarten student because it is here that a relationship between the teacher and the pupils need to be established. That means the teacher has to understand the personalities and backgrounds of the pupils. Once this is done, the children need to be made lively always, if possible, in order to make the learning atmosphere easier. Upon exciting the learners, the education for pupils at this level starts with making them understand the alphabets. That is to say, training them how to pronounce correctly as well pointing out the ones that have a variance in terms of sound. Unlike in other teaching levels, this one has to be with minimal strictness, and is brief. My beliefs concerning teaching have to do with using this career to impart children with the right kind of teachings. In short, teaching is not a career as such, but rather a calling-like pursuit meant to bring a positive change. Because of strongly believing in this way, I often find myself going beyond the expectations. Besides teaching what is only listed, encouraging discipline, socialization among the children and thinking critically is often done in the class. Due to this approach, I normally set a goal for myself as well as that of pupils where I help students to achieve it even as I commit myself to doing so. Earlier, it was stated that a teacher is more than an employee; a role model is what every teacher is. Therefore, the goals I set are not just for the students but mine as well. Concerning the

Questions based on different handouts Essay Example | Topics and Well Written Essays - 1000 words

Questions based on different handouts - Essay Example Questions based on different handouts The mandate for Palestine did fulfill this point in its recognition of the connection of the Jewish, historically, with the Palestine and by asserting that a national home be constructed for them in Palestine. This declaration put into consideration the interests of the concerned population, in this case, the Jewish population. The Mandate for Palestine managed to clearly offer a clear distinction between political rights with regards to the Jewish civil and religious rights and self-determination as an emerging polity, referring to guaranteed of equal individual freedoms to non-Jewish residents within select communities and as individuals. However, the mandate failed to satisfy point 5 of the Woodrow Wilson Fourteen Points by failing to mention, not even once, Arabs as a people. The document fails to identify and granting any rights to Arabs as it did the Jews, thus not satisfying the requirement of putting into consideration all interests of concerned population. Point 12 of the Woodrow Wilson Fourteen Points asserts that, â€Å"Turkish portions of the current Ottoman Empire should be guaranteed of a secure sovereignty, and the other nationalities, now under the Turkish rule, must be guaranteed of an absolutely unmolested autonomous development opportunity and undoubted security of life, and the Dardanelles should permanently be opened for a free passage for ships and that trade of all nations should be under international guarantees†.... The Palestine mandate fails to satisfy this point-point 12 of the Woodrow Wilson Fourteen Points-by entrusting a Mandatory, in this case, Great Britain, to have full power of administration and legislation-according to article 1 of the mandate- over the Palestine Territory, formerly belonging to the Turkish Empire. In so doing, the mandate goes against the principle of guaranteeing secure sovereignty. The Palestine Mandate also seems to satisfy point 12, at least according to article 2, which states that, â€Å"†¦for safeguarding religious and civil rights of all Palestine inhabitants regardless or religion and race,† requirement that undoubted security for life should be provided for all those nationalities under the Turkish rule (Halsall, â€Å"Modern History Sourcebook: League of Nations: The Mandate for Palestine, July 24, 1922†). Article 3 of the mandate also encourages local autonomy, which is in line with pint 12 of the Woodrow Wilson Fourteen Points, which advocates for equal, unmolested autonomous development opportunities. Additionally, article 5 of the mandate satisfies point 12 requirement of guaranteed sovereignty by advocating for the mandate to ensure that no territory in Palestine is leased or ceded, or placed under the control of another government’s foreign power in any way. It is also very clear that, the Palestine mandate satisfies the requirements of point 12 of the Woodrow Wilson Fourteen Points, that, â€Å"nationalities under the Turkish rule must be guaranteed of an absolutely unmolested autonomous development opportunity and undoubted security of life, and the Dardanelles should permanently be opened for a free passage for

Bench Mark Assessment-Epidemiology Paper Assignment

Bench Mark Assessment-Epidemiology Paper - Assignment Example A sneeze is capable of releasing up to 40, 000 droplets of tuberculosis microorganisms, and a single droplet is enough to transmit the infection. People with frequent contact with individuals infected with the disease are at a higher risk of contracting the infection with an estimated infection rate of 22%. An untreated person with active TB can infect between 10 and 15 people in a year. The chances of transmission of TB from one person to another is dependent on factors like the amount of infectious droplets expelled by the infected individual during the sneezing episode, the duration of exposure to the droplets and the ineffectiveness of ventilation. TB infection in an individual can exist in the form of an active disease or the form of a latent infection. An individual with the latent form of the disease does not feel sick and presents with no signs and symptoms of the infection. Latent form of TB is only diagnosed through a tuberculin skin test or a TB blood test. People with the latent TB are not infectious despite possessing the mycobacterium. Individuals with the active form of TB presents with the signs and symptoms of the infection in addition to the positive tuberculin skin test and the TB blood test (Golden & Vikram, 2005). The most active form of TB is the pulmonary tuberculosis that presents in about 90% of the cases. Pulmonary TB affects the lungs and manifests with chest pain, prolonged coughing and sputum production. In extreme cases of the condition, an individual can cough small amounts of blood a manifestation of the erosion of the pulmonary artery. Extra pulmonary tuberculosis accounts for 15-20% of the active cases of the disease. These are conditions caused by Mycobacterium tuberculin but affect structures out of the lungs. Extra pulmonary tuberculosis is common among the immunosuppressed individuals

Ethnic Market Essay Example for Free

Ethnic Market Essay With mounting western influence and focus on revival of traditional Indian fashion elements, diversity in India sees many faces. To maintain the dignity of the culture and to provide a platform to small Indian brands, future group initiated ethnocentrism concept by opening ethnicity store in Ahmedabad, Gujarat. This initiative has provided new format insights to organized retailers to expand their horizons in highly volatile Indian consumer oriented market. A new format has always been a challenge to any retailer to sustain into the market. In the changing face of market, to regain preference of consumers towards nationalized brands, can be looked from a confronting angle. This created an anxiety in the mind of researchers and inspired them to undergo the research to understand the ethnicity concept. Ethnicity format is studied based on the first ethnicity store set up in the city of Ahmedabad, Gujarat and glimpses are taken from the second and third store set up in Mumbai and Pune respectively. Research is secondary followed by primary in nature. This paper gives insights into the overall set up of ethnicity format that includes differentiating Criterias of ethnicity in comparison to regular retail formats based on observation at the store. Questionnaire based survey is also performed to get opinion on ethnicity store and paper gives insights into preferential category for purchase for future developments Consumers have given a very good response to the new concept. Along with shopping, experiences of consumers with the format have given a lasting impact on their mind-set. Further Raja market, Rani Market, Thoda aur market are found attractive to consumers and have gained good preference of consumers followed by Sona-chandi market Chota India and Ghar aangan market. The insights into concept development and suggested potential extended formats of ethnicity may readily work as a pillar to stand into the market for new retailers. Keywords: Ethnicity, Ethnocentrism, Organized Retail, Nationalized brands. Introduction Indian fashion industry is moving towards westernization due to high level of acceptance of foreign brands by the consumers. Due to this ,western brands are getting a wider platform than the ethnic brands across the country. As a result, national/ethnic products are even overlooked by consumers and time may come that such products may disappear from the market. To protect the Indian heritage, Future group took up the maiden initiative to provide a space to Indian products and brands under its own name and fame Future Group, Indias leading business house with strong presence in retail sector, launched a new retail format, family lifestyle store Ethnicity, in Ahmadabad to market ethnic brands and products of India in 2008. This chain is a major family format developed after the launch of *Professor, G. H. Patel Post Graduate Institute of Business Management, Sardar Patel University, Vallabh Vidyanagar. **Assistant Professor, N. R. Institute of Business Management (GLS-MBA), Gujarat Technological University, Ahmedabad. Pacific Business Review International 2 highly successful family formats like Pantaloons, Big Bazaar, and Home Town. The new store format that has been billed as Everything Indian, seeks to promote ethnic brands, ranging from ethnic and fusion wear, Jewellery, handicrafts, home decor, beauty products to accessories and gifts. Thus ethnicity showcases a large number of small Indian brands under one roof. Ethnicity besides promoting the culture of ethnic products, provide a modern platform to augment the presence of the retailers into the industry. Research Objectives †¢ †¢ †¢ To understand the concept of ethnicity as a new retail format To understand differentiating factors of ethnicity store in comparison to the modern retail stores. To understand the consumers preference towards the new format. Scope of the Study The study has explored the concept of ethnicity. In includes understanding of the theme and concept development, merchandise development and differentiation criteria of format in comparison to existing formats. Further to understand acceptance of the new format, consumers preference towards the offerings has also been analyzed Data Collection Sources Secondary data sources have been used to understand the concept the ethnicity. Information has been taken from leaflet provided by ethnicity store of Ahmedabad, and Company website to get insights into ethnicity store of Pune and Mumbai. Articles kept on the websites are also used at the launch of ethnicity. Primary data has been collected through questionnaire to know consumers preference towards the new format. Respondents were the consumers of Ahmedabad who visited ethnicity store. Sample of 100 respondents was administered out of which 94 responses identified as valid sample for the study. Literature Review Ethnic origin has been defined as a group of people who share a common descent, a sense of collective identity and usually a shared cultural heritage and tradition (Crysdale and Bettie, 1973). Ethnicity implies common customs, values, and attitudes within a group of people who are bound by a common cultural identification. Because values reflect a standard or criterion that people use in the guidance of behavior, they act as a norm for ethnic consumer behavior and an influence on many consumption motives. Ethnic Marketing Ethnic marketing is an important aspect of lifestyle marketing, a strategy that tailors a companys products and services towards the customers lifestyles. According to Technopak Analysis, the current market of sarees and ethnic wear stands at Rs 31,000 crore and is projected to grow at 10 per cent to reach Rs 45,000 crore in 2014. Views expressing rationale towards ethnic marketing Mr. Arvind Singhal, chairman of management consulting and retail specialist firm Technopak Advisors (201011) said, Overall apparel category spends are rising, with special focus on ethnic wear brands, where many new brands have emerged as market heroes. They sensed the vacuum in the market, ease of entry, and attracted women the most interesting target consumer, which places the Indian ethnic wear market at Rs. 56,800 Crore, growing at 9% annually. Govind Shrikhande, customer care associate and managing director, Shoppers Stop said Branded ethnic Volume 5 Issue 5 (November 2012) wear is one of the top selling categories in our stores. For the past few years this segment has seen double digit growth, Mr. Gaurav Mahajan, CEO, Westside, a Tata group company said ,Indian ethnic wear is an integral part of our customer promise. We widened the Westside range and introduced Zuba, which offers silks and authentic handlooms. This autumn will see the launch of two more brands, Mr. Rakesh Biyani, joint managing director, Future Group said ,There is a significant rise in demand for womens ethnic clothing. There is a big gap between the opportunity and what is being delivered today by organized players. This gap identification generated a lead to cover the untapped ethnic market and future group took up the initiative to establish ethnicity store as a revolution in the existing apparel format. Concept development of Ethnicity Store by Future Group. Store Design Future Group has launched the first of a chain of stores aimed at retailing Indian wear in 2008 in Ahmedabad city. It is the branded Ethnicity store that keeps the a range of ethnic and fusion wear, jewelry, handicrafts, home decor, beauty products and accessories and gifts. All the products are India inspired. The store is having a spread over an area of 25,000 to 30,000 sq. ft. Store Objective The apparel labeled as traditional and indoor clothing a decade ago, has laid the foundation for todays contemporary Indian ethnic chic. Ethnicity proudly follows the Indian values of being sensitive to Ahmedabad city, environment and community. It provides a platform to bring together traditional or ethnic 3 retailers and consumers. It recreates the know-how of a traditional ethnic market in a modern retail format and is an aggregator of the multi-faceted ethnic merchandise and traditional selling practices. It revives and rejuvenates anything and everything that is Indian. It aims to truly open out the urban ethnic market and redefine the scale of ethnic merchandising. Ethnic-Theme Positioning at the Store The concept Ethnicity is not limited to ethnic clothing but it is a destination to get the unique experience. The key differentiator for Ethnicity lies in its 360-degree shopping experience. Ethnicitys store design reflects a distinctly ethnic character visual merchandising tools include artifacts, paintings and decor pieces from Rajasthan, Orissa and Gujarat. Visual merchandising at ethnicity is like the synopsis of a story book. Ethnicity has gone the Desi way (Highly traditional) to become attractive and communicative. It is vital to not only be a differentiated retailer but also to draw out the true essence of the products. Branding in ethnic wear has been led by region of origin of the product like Benaresi sarees, Lucknowi kurta, Kutchchi Bandhani. The store is colorfully designed and the flashiness gives it an ambience of luxury and festivity. Atmosphere at Ethincity Store Atmospheric at ethnicity store is a reflection of Indian heritage. Instead of halogen lights, everywhere light is reflected by lanterns. Instead of room freshener or perfumes, a raw fragrant of essential oil from flowers known as attar is used to mesmerizes the entrant and bring them to the Indian culture. All the racks for display of merchandise are developed from wooden and outside decoration is of handicraft, which gives a reflection of Indian art. Instead of having all the racks or shelves for display, few of the merchandise is displayed on cot. Store assistants are dressed in ethnic kurtas for refreshments, Coconut water is served in a lorry (Cart) which gives a flavor of typical Indian culture, on the road serving. Pacific Business Review International 4 Use of multi colors, art and fancy designs, air fragrance and traditional lightings give all time festival feeling experience. market. Chosen name for the market is based on arterial language of India. With the theme of ethnocentrism, the collection represents only Indian brands in all the merchandise. Merchandise at Ethnicity Store All the offerings are divided into a Niche name of Overall Analysis of Ethnicity Store Table 1 Store Sections Generic category name Ethnic name at ethnicity store Women’s wear category Rani market-everything ethnic for women Men’s wear category Raja market-everything ethnic for men Kid’s wear category Chota India market Jewellery/ accessories Sona –chandi market- ethnic Jewellery Home accessories Ghar –aangan- ethnic ideas for your home Stationary/medical items Thoda aur- ethnic accessories and more Source: http://www. indiaretailing. com/organising-ethnic-retail. asp Data Analysis Regular formats of organized retail stores have their specific offerings. While ethnicity store has differentiated the same to give a new experience to the consumers. Based on observation at ethnicity store, the following comparison has been made to derive the differentiation criteria Table 2 Comparative Analysis: Organized Regular Retail Format V/s. Ethnicity Format Parameter Organized Retail Organized retailOutlet outlet Theme A move culture Objective To give exposure to western To give platform to Indian brands culture dynamics and appeal to ethnocentrism Size of the outlet Large size Comparatively small size Structure Vertical departmentation Horizontal departmentation. Availability of brands Global brands Only Indian brands Atmospheric Exclusive halogen lights lantern /yellow lights towards Ethnicity Store Ethnicity store western A move towards Indian legacy Volume 5 Issue 5 (November 2012) 5 Decoration No additional decoration Fully decorated with colors, lamps, handicraft ,puppets etc. -looks like all time festival Music Western songs Indian instrumental Fragrance Room fresheners Raw fragrant of essential oil from flowers known as attar Shelves Racks Along with racks Traditional village themed cots with four legs Merchandise division Products are separate Gender wise product bundling. Apparel gets displayed in one section, accessories other section, footwear another section and so on e. g. Raja market includes apparel ,accessories ,footwear addressing men. Rani market includes apparel, accessories, footwear for women Merchandise name English names Traditional Indian names Store assistant’s dressing Western formal wear Traditional Indian kurta Packaging Plastic printed bags Paper bags with traditional look Merchandise Western outfits western designs and indo- Indian traditional embroidery work outfits with Shoes Mojaris and chappals Indo-western painting Handicraft Cosmetic products. Natural ayurvedic products and aromatherapy Perfumes Incense stick, fragrances Light chandelier Candles and Lantern Artificial jewellery Stone work, Kundan jewellery Refreshments Food court with multi cuisine Small push cart/lorry with coconut water Deliverable Shopping Experience attar, natural Source: Primary data collection through observation Analysis of Consumers Preference Towards Ethnicity Store: Consumers survey has been performed to get insights into their experience towards the format with the help of questionnaire. Respondents were the consumers who visited the ethnicity store. Pacific Business Review International 6 Figure 1 Consumers Preference towards the Market based Merchandise at Ethnicity Store with Mean Rank ( where 1 is least and 5 is maximum) 0 1 2 3 4 5 4. 25 Raja Market 4. 02 Rani Market 2. 80 Chota India 3. 20 Sona Chandi Ghar Aangan 2. 05 4. 15 Thoda aur Source: Primary data collection through questionnaire Consumers preference towards the ethnic theme based markets is analyzed to know the preferred market. This analysis is aimed at developing the market to increase the preference †¢ †¢ †¢ †¢ Consumers are highly satisfied with Raja Market offerings followed by Rani market and thoda aur market. New introductions in thoda aur market like lamps, candle and fragrances, ayurvedic products etc have grabbed attention of people which gives a lead to introduce more unique and Indian traditional items. Sona chandi market has got a good response. Thus it can be interpreted that fashion accessories in ethnic look are keeping tune with the ethnic garments. As per consumers opinion, Chota India is yet to gain preference may be because of traditional designs that are not preferred more for kids in †¢ comparison to western attractive outfits with cartoon characters Again as per consumers opinion, Ghar aangan is also yet to gain preference may be because of bed sheets, utensils, toys , purchase for rituals like puja ka saaman etc. have pre-existence of established unorganized market. Volume 5 Issue 5 (November 2012) 7 Consumers Preference towards Ethnic Products for Three Most Preferred Markets Figure 2 Preference has been Analyzed towards Offerings for Females as Rani Market Source: Primary data collection through questionnaire Fusion wear and Mix Match are able to attract consumers as it is a new and unique base of ethnic products. As Saari, salwaar kamiz have become a common purchase and many platforms are available to address the demand, preference is found at the moderate level. Figure 3 Preference has been Analyzed towards Offerings for Males as Raja Market Source: Primary data collection through questionnaire In mens wear traditional wear in the form of Jodhpuri, Chudidar and kurtas along with traditional mojaris have attracted consumers to larger extent Pacific Business Review International 8 Figure 4 Preference has been Analyzed towards Offerings for Thoda Aur Market Source: Primary data collection through questionnaire Full range of Fragrances and Candles Incense has been introduced by ethnicity store. It has got extra ordinary preference of consumers. Thus it has contributed towards maintenance of Indian legacy Consumers preference towards Aromatherapy Aromatherapy is the use of aromatic plant oils, including essential oils, for psychological and physical wellbeing. Aroma therapists blend therapeutic essential oils especially for each individual and suggest methods of use such as topical application, massage, inhalation or water immersion to stimulate the desired responses. Aroma therapy oils may include : †¢ Peppermint Digestive disorders †¢ Rosemary Muscular pains, mental stimulant †¢ Sandalwood Depression, anxiety and nervous tension †¢ Sweet orange Depression and anxiety. †¢ Tea tree Respiratory problems, antifungal, antibacterial and antiviral †¢ Lavender Headaches, insomnia, burns, aches and pain Ethnicity store has provided the platform for Aromatherapy. Full range of essential oils has been displayed to generate the awareness and preference towards the same. It is aimed at generating awareness towards ayurvedic medicine in the arena of allopath for better and secure treatment. Ethnicity has taken maiden initiative to mould the consumers psychology towards naturopath. (Graph on next page) It can be interpreted from figure-5 that first hand response has been satisfactory with 49% for. Aromatherapy and thus it enjoys the potential to increase the preference in future. The atmospheric of traditional products is supporting the purchase of traditional way of health supplements. The advice and explanation given along with the product has played important role in making realization to go for natural products Volume 5 Issue 5 (November 2012) 9 Figure 5 Preference has been Analyzed for Aroma Therapy Source: Primary data collection through questionnaire Figure 6 Analysis of Consumers Satisfaction towards Ethnicity Store: Consumers level of satisfaction towards the differentiated offerings has been analyzed. Such analysis is aimed at identifying the most appealing differentiation for future positioning of the store and developing the strategies that may lead to future satisfaction Competitive Assessment Matrix with Mean Rank ( Where 1 is least and 5 is maximum) Regular Organized Retail Formats and Ethnicity Store Consumers’ satisfaction on competitive assessment matrix 0 1 2 3 4 5 4. 05 4. 95 Theme 2. 30 2. 60 Price 3. 25 4. 00 Variety 3. 94 4. 35 Display 4. 00 Experience Source: Primary data collection through questionnaire Keys : Regular organized retail outlets Ethnicity store 5. 00 Pacific Business Review International 10 †¢ †¢ †¢ †¢ †¢. Competitive assessment matrix depicts that ethnicity theme is highly appealing to the people. The differentiation point of giving experience to the consumers than only to provide a platform for shopping is getting correct positioning in the mind set of consumers as it is applauded by consumers with the mean rank of 4. 95. Unique display of ethnicity is highly appreciated by consumers in comparison to regular organized retail formats. On the dimension of variety ethnicity is lagging behind in comparison, the contributing reason may be limited number of Indian brands into each category. As far as pricing is concerned none of the outlets satisfied the consumers expectation. It brings out the fact that price structure is too high. Here opportunity lies with ethnicity store to discriminate pricing strategy to get competitive edge over other formats. It might be feasible to reformulate the pricing strategy due to nationalized brands. †¢ †¢ †¢ †¢ †¢ Suggestions †¢ Major Findings †¢ †¢ †¢ Ethnicity is indeed a revolutionary move towards consumers ethnocentrism. National players have also joined hands with the big retailer and accepted the opportunity to address the mass market. Thus it has contributed to a greater extent in providing a wider platform to small retailer of India. Further is has contributed towards generating awareness of ethnic products and brands of allover India which were not noticed by the consumers and importance was not realized by consumers. It is an absolutely unique model into organized retail formats. Everything starting from atmospherics to collection of brands, merchandise display and packaging is uniquely positioned with the nationalized theme. It provides a feel-good factor and thrilling experience to the consumers. Consumers are getting attracted by the theme and getting exposed and penetrated by ethnic products. Today consumers look for fashionable clothes. National brands which were not recognized earlier, have provided a platform of fashion to explore Consumers are highly satisfied with Raja Market offerings followed by Rani market and thoda aur market. Fusion wear, Mix Match, Jodhpuri,Kurtas, Chudidars, Mojaris and fragrances ,candles and incense are able to get preference of people. Aroma therapy is able to get good welcome form the consumers. Ethnic designs are getting acceptance in the form of novelty. In all this innovative concept well applauded by consumers as they are getting exposed to all the variety and designs of products of all the corners of India under one roof. †¢ †¢ †¢ More Indian retailers should be motivated to provide huge collection of ethnic products in the categories of mens wear and womens wear to provide more varieties. There is a need to increase the range of aroma therapy offerings to increase the awareness and consumption. Fragrances, candles and incense offerings have brought Indian values back in the preferences. This has showcased a very good business potential as a whole. There is a need to provide more and more offerings into the segment with more and more varieties. Potential revolutions into existing format of ethnicity for India. Format can be expanded by introducing specialties of major states/cities of India †¢ Rajasthan market Art craft †¢ Jamnagar market-Bandhani Volume 5 Issue 5 (November 2012) †¢ †¢ †¢ †¢ †¢ †¢ †¢ †¢ †¢ †¢ †¢ Bangalore -Silk garments Chennai- Pearl jewellery Kerala market-Spices Format can be expanded by introducing specialty food of major states/cities of India it may help to give a back shift to the consumer trend which is moving towards western food Gujarati food Punjabi food South Indian food Rajasthani food North Indian food Kathiyawadi food Potential revolutions into existing format of ethnicity for other countries. It has been witnessed that countries are getting specialized into technological innovations but spread of such innovations into the same continent reflects questionable behavior of consumers. Many a times it is because of lack of awareness. Such type of format may provide a common platform to explore the small innovative products at consumer end E. g. European countries. Fashion based Ethnicity- As fashion industry is one of the major growing industries in Europe, all fashion statements can be displayed under one platform †¢ Fashion statement of Italy †¢ Fashion statement of France †¢ Fashion statement of United kingdom Technology based ethnicity- Technical Research. innovation driven countries, all innovations can be displayed under one platform †¢ Big to small innovative products of Finland †¢ Big to small innovative products of Germany †¢ IT Renewable technology based products from Sweden †¢ Electric technology innovations of Netherland E. g. Asian Countries 11 Technology based ethnicity. †¢ Robotic technology based innovative small to big products from South Korea Japan References Crysdale and Bettie, 1973, Retrieved from, http:// www. manifolddatamining. com /html /products/ ethnicmarketing. htm on 15/02/2012 Anuradha Shukla, Ethnic wear market booms in India retrieved from http://wonderwoman. intoday. in/ story/ethnic-wear-market-booms-in-india/1/ 88440. html http://indiatoday. intoday. in/story/ethnic-wear-marketto-grow/1/124981. html retrieved on 06/02/2012 koregaonparkplaza, pune (2011) retrieved from http:// w w w. k o r e g a o n p a r k p l a z a . c o m / s t o r s details. asp? id=77catid=1st=1 retrieved on 06/ 02/2012 Runul Vashistha, (2009) retrieved from http:// www. indiar et a iling. com/ R et ailC oncep t _ details. aspx? Id=58 retrieved on 02/02/2012 Pooja nair, (2009). retrieved from http://ahmedabad. metromela. com/Lamps+and+ethnic+ wear+at+. Ethnicity/article/3183 retrieved on 15/02/2012 Shailesh Shah, (2012). Ethnicity: Towards organising ethnic retail, retrieved from http: // www. indiaretailing. com/organising-ethnicretail. asp retrieved on 02/02/2012 http://www. pantaloonretail. in/pdf/ethnicity_karigari. pdf Reference Book Jr. Churchill Gilbert A. , Lacobucci Dawn, Israel D. , (2009),Marketing Research- A South Asian Perspective, India Edition, Delhi: Cencage Learning. Additional material Leaflet circulated at ethnicity store 12 Glossary Attar: A fragrant of essential oil typically made from rose petals Ayurvedic: It is a Hindu system of traditional medicine native to India and a form of alternative medicine. Ayurveda can be defined as a system, which uses the inherent principles of nature, to help maintain health in a person by keeping the individuals body, mind and spirit in perfect equilibrium with nature Bandhani: A process of patterning cloth by tie-dyeing in which the design is reserved on the undyed cloth by tying small spots very tightly with thread to protect them from the dye especially popular in Rajasthan and India Chappal: An item of Indian footwear, similar to a flipflop with a toe strap Chota (India market): Younger, junior child related products. Pacific Business Review International Kundan Jewellery: Kundan is a traditional Indian gemstone jewelry, a method of gem setting in a jewellery piece, consisting of inserting gold foil between the stones and its mount, usually used to create elaborate necklaces believed to have originate in royal courts of Rajasthan and Gujarat. It is the oldest form of jewellery made and worn in India Kurta: A knee-length, collarless shirt worn over pajamas by men in India Mojaris: A style of South Asian handcrafted footwear mostly using vegetable-tanned leatherproduced in India Organized retail: Organized retail has been defined as a network of similarly branded stores with an element of self service Raja (Market): A prince, chief, or ruler related products in India Rani (Market): Indian princess related products Ethnicity: Ethnicity implies common customs, values, and attitudes within a group of people who are bound by a common cultural identification Saree: a dress worn primarily by Hindu women; consists of several yards of light material that is draped around the body Ethnic groups: A group of people who share a common descent, a sense of collective identity and usually a shared cultural heritage and tradition Sona-chandi (market)-Gold silver related products/jewellery Ethnic Marketing: Ethnic marketing is an important aspect of lifestyle marketing, a strategy that tailors a companys products and services towards the customers lifestyles Ghar -aangan (market):Home decoration related products Handicraft: Items made by hand, often with the use of simple tools, and are generally artistic and/or traditional in nature . They are the objects of utility and objects of decoration. Incense stick: It is composed of aromatic biotic materials, which release fragrant smoke when burned Thoda aur (market): somewhat more than the existing here in the context of more than the regular offerings.

PROJECT MANAGEMENT: The Channel tunnel

PROJECT MANAGEMENT: The Channel tunnel INTRODUCTION TO PROJECT MANAGEMENT Project management is the planning, organizing and managing of tasks and resources to accomplish a defined objective, usually with constraints on time and cost. Most projects, whether they are large and complex or small and simple, can be planned by breaking the project into small, easily manageable tasks, scheduling the tasks, and then tracking the tasks as work progresses. Project management helps you answer questions such as: What is to be done? Who will complete the task? When must it be done? How much will it cost? What happens if work isnt completed on time? Planning the project and creating a schedule This includes defining the tasks and their duration, setting up relationships between tasks, and, if you are tracking resource usage, assigning resources. All later phases of the project are based directly on the information you provide when you first plan your project. à ¢Ã¢â€š ¬Ã‚ ¢ Managing changes This is an ongoing process that begins once you create a schedule and the project starts, and ends when the project is complete. It includes tracking and adjusting your schedule to reflect changes that occur as the project progresses. à ¢Ã¢â€š ¬Ã‚ ¢ Communicating project information This is a very important process that involves communicating project information to clients, project staff, and management. Project management software is productivity software that will assist you in each of these steps. Many professionals find it is among the most productive tools in their skill set. In todays business it is in the best interest of companies to have project managers. Common sense isnt always usually accomplished. For anyone whos ever worked on a project in a technical setting knows this. Indeed, much of working with others consists of solving unexpected problems and learning from mistakes along the way. Knowing this and having the proper tools a project manager will be able to manage and complete the most intense project out there. It seems that people time and again have the wrong impression of what a project manager does. It is not about being able to create a compound plan to hang on the wall. It is not about setting up conference after conference. This is about understanding a big business objective, understanding the technology involved, being able to communicate at an assortment of levels, being able to encourage and direct people, being able to handle the constant worry and troubles, and being structured enough to make certain the whole thing that needs to get completed, gets completed. What this comes down to is a project manager should be able to meet or exceed all of the stakeholders expectations. The project manager also must be able to get others to work with limited authority throughout the duration. Doing most of the work yourself is a poor long-term development strategy and will never solve the problem. In every project there are always some universal characteristics that will be shared. They all have a comprehensible and established purpose and very distinct life durations. Overall, all projects are doing something that may possibly be new or yet a onetime endeavor but have explicit requirements which include; time, price, and performance. Project management deals with tools, people, and systems. (Lewis) The first project of this module is to do a group poster presentation. We have limited time to carry out research and we were worn off by the intensive lectures. This is where I found out how time management and team work play as important elements for success. We distributed the workload among ourselves and set a time frame for completion. Group members were to adhere to the time frame stipulated. This is how we manage to complete a simple presentation, with many hidden hard work behind our success. A project manager should have certain qualities in order to successfully execute a project and then run them successfully for the project to be a hit in the market. A project manager should have certain attribute for successful in a project and they are Monitoring and Controlling: Project manger always monitors the work done by his team members and has control over the entire project. They also have to make sure about the budget estimated at the beginning of the project. Self-esteem: Project manager should always motivate his team members to do their work sincerely and help by supporting each and every one at the work. Leadership skills: Project Manager should have leadership qualities to manage the team. Project closure The final objective is project closure which includes verifying that all of the work has been accomplished, check the Contractual closure of the contract, financial closure of the charge numbers and finally administrative closure of the paperwork. Successful project management can then be defined as having achieved the project objectives. Project management has evolved to plan, co-ordinate and control the complex and diverse activities of modern industrial, commercial and management change and IT projects (Lock 2009). Channel Tunnel: Introduction The Channel tunnel project undertaken to create a connection between England and France via underground tunnel, presents one of the largest privately funded construction projects ever under taken. It required the cooperation of two national governments, bankers underwriting the funding for the projects, numerous contractors and several regular agencies. The construction and engineering of the tunnel required the use of new technology and required significant modifications during the project due to unexpected conditions and changes required by various parties. This case study demonstrates the numerous factors which played during the course of the project that has significant effects on the overall course of the project. At the end Caunnel project was completed, but it was late and over budgeted. The promotion of and investment in the Channel Tunnel was a challenging multinational affair drawing in institutions from several countries. In this paper, I concentrate on the promotion of the abortive tunnel project of 1957-1975 and the ultimately successful venture a decade later, focusing on governments and companies in Britain, France, the United States, and Japan. I identify the management and sharing of risk as the critical elements in the Tunnels political economy. Here, the difficulties produced by the quadripartite quilt of negotiations involving two governments (Britain and France) and two tunnel companies are at center stage, though I also argue that American involvement was important in the first project, and Japanese financial support was critical in the second. The debates concerned the type of crossing, questions of ownership versus licensing and regulation, and the importance of making public investment in related and supporting infrastructure. The Channel Tunnel has significance as a prototype of public-private partnership in Britain, and I draw lessons from the experience, referring in particular to the challenges presented by the infrastructure project circle.The paper draws on material assembled for Terry Gourvish, The Official History of the Channel Tunnel (London, 2006). It all started in 1802 when French forward a proposal to tunnel under the English Channel, which would be illuminated using oil lamps, horse-drawn coaches for transportation and also an artificial mid-channel foe changing horses. But, the project was delayed for a very long period In 1955 both British and French governments supported surveys and in 1974, a government-funded the twin tunnel project with car shuttle wagons. Later in 1975 British government had no interest in funding the project so they had no objection for a privately funded project. And hence the project was given into the hands of the private companies. On 2 july 1985, both French and British formed a group Channel Tunnel Group/France. The design and construction was done by this company as the project was undertaken by private companies. The Chunnel Tunnel is a build -own- operate- transfer project with a concession. And the British and French governments will hold the control on final engineering and safety decisions, now those were in the hands of Channel Tunnel Safety Authority. Eleven tunnel boring machines, which were working from both the sides of the tunnel cut through two rail tunnels and the service tunnel, this started in 1988, and 1994 operating of the tunnel began. And it was estimated that the cost of the construction was  £4.650 billon.15000 people were employed with daily expenditure over  £3 million. And ten workers were killed during the construction process. The Eurotunnel completed tunnel boring on time, hence the tunnel was finally opened officially by British Queen Elizabeth II and French President Francois Mitterand in a ceremony held in Calais on 6th may 1994. The Chunnel Tunnel also known as (French: Chunnel tunnel source ls manche) is a 50.5-Kilometer undersea rail tunnel linking Folk stone, Kent near Dover in the United Kingdom with coquilles, Pas-de-Calais near Calais in northern France. At its lowest point, it is 75 meters (250 ft) deep 1802 Channel tunnel proposal was brought across by Albert Mathieu 1875 The beginning of Channel Tunnel Company Ltd 1882 Abbots Cliff had reached 897 yards (820 m) and Shakespeare Cliff was 2,040 yards (1,870 m) in length. January 1975 British-French government stopped there backed scheme support in 1974 February 1986 They proceeded the project with the permission of Treaty of Canterbury June 1988 In France the First tunneling was started December 1988 Tunneling operation was started in UK December 1990 Broke down of the service tunnel under the Channel May 1994 The formal inauguration by The Queen and President(French) Mid 1994 Passenger and Cargos started using the trains November 1996 Due to fire there was huge damage in the tunnel November 2007 After the renovation the tunnel was re opened for the public. Fig. SOME IMPORTANT DATES. Challenges: Communication Gap Communication plays a very vital role in a project, not only for the project managers but also for the rest of the team members. This is one of the factors driving a project to success or failure. England and France are the two groups of people who were working together and there were communication gap between two teams, which leads to major delay of the project. Planning There was no proper planning for this project as this was the first project towards Chunnel, none of them were aware how to go about it and what are the different kinds of challenges they will come across during this project and they were unable to project on anything. In every stage they use to come up with different problems and that use to take time this use to reflect time factors and because of this budget use to go high. Strengths Technically strongly built, hence a successful Quality Management implemented. Back office support was excellent. Good team work between two groups. A winning proposal under build owner transfer granted to CTG and overall quality of work impressive, work place accident rates were below the industrial average and implementation of effective change management. Weakness Time delay and over budget, project was not well planned, poor change management, risk management was not in place, change in design resulted in project delay, litigation and claims was high in the project, lack of team work and communication, financial model optimistic resulted in cost increase, scope was not well defined and rolling stock and specifications were not the same between British and French. Lessons to be learnt: Due to proper planning there was delay at work provide adequate defined scope and a well planned changed management system, the sound risk management technique and adequate planning and research techniques to be put in place. Good coordination between two governments and try minimizing the litigation and claims by brining proper planning in place. We had a great time doing this project. The time and money spent on Channel tunnel inspired all team members to take a trip through the Euro-France Eurotunnel. While preparing a poster me and other team memebers got an oppurtunity to watch a documentary video on Euro tunnel filmed by Discovery channel. Project management theories of team leadership was a big lesson I got to learn while doing this poster. One of the team members took control when the team dynamism was coming to a stand still. Watching him giving direction to team and motivating various team members to perform was when I understood leadership roles. I played a role of organiser in the team. I took responsibility to keep track of every ones effort in the team. I also passed on their work done to every other team member, and acknowledged that member. Presentation skills was of most importance in poster making as we were not allowed to explain the posters, whereas the posters had to speak for themselves. All the team had to put their thinking caps on and rack brains to come with a good presentation idea. At first we planned to put everything we had into the poster but later realised that would over crowd the poster. Hence then we sorted the data we had and then easened our poster with a partitioned look and a title in the middle. Project Life Cycle As can been seen in the methodology lifecycle graph shown in the poster and also attached in the appendix, our poster making task was a smooth run. Our module leader Michael Snelgrove assigned our team Jaguar with Chunnel Tunnel case study. To make a poster on Chunnel Tunnel project case study wasnt a easy task. I joined the team later hence in the second week the team introduced me to the case study and we all decided to meet again with highlighted essentials. The week after we all discussed and distributed essential task amongst ourselves every Niaz introduced us to the title Everything Comes Down To Money as in the Chunnel Tunnel project the blotted budget was the big issue. Everyone agreed with the title and started with further data collection, Niloy one of the team members gave me the sources for study materials and there on we finalized the total data and content to be presented in the poster. We discussed reaming time cost of printing, specification of poster and risk of show ing some required data on the poster. Every one confirmed their acceptance towards work submitted by each team member. The printing cost of the poster were one of the issues in one of the data meetings but the module leader Michael Snelgrove solved the problem by taking responsibility for poster printing costs, as we were nearing the data submission we discussed our work with the module leader and requested for suggestions to improve the poster then more amendment tasks were distributed among ourselves we then finally sat together and finalized the poster. Analysis and Communications were the major skills we used for the successful completion of the given task. We received positive comments on the judgment day of poster except for our criticism on showing the Hitlers photograph in the poster. Conclusion After doing the poster makings the group has a whole understood that no previous experience and hidden technical costs resulted in late compellation of the project with the bloated budget.

Essay --

In the present case scenario, 19year old patient with crown fracture of #10 with 1.5mm of tooth structure remaining. However, the nature of pulp (vital or nonvital), history of pain, If any pulp exposure - time spent with exposed pulp, diameter of the pulp exposure and number of tooth walls remaining are not discussed. These factors are considered as key elements in the diagnosis and treatment plan. However within the limited findings, the present case can be diagnosed as complicated crown fracture #10 with pulp exposure involving enamel and dentin fracture. The success rate in vital pulp therapy of carious lesion has been reported in the range of 72.9-92.9%. However, further studies of high quality need to be conducted to evaluate the factors influencing the treatment outcome. 1 The classic Toronto study shown 92%, 93% of success in endodontically treated teeth without periapical radiolucency.2,3 The outcome of non surgical endodntic therapy reported a success rate of 86-93%. 4 It is seen that the success rate of pulp therapy is predictably inferior to the nonsurgical endodontic therapy. Also failure of pulp therapy due to persistent bacterial infection, leaky restoration has severe painful condition. Treating failed pulp therapy is further more complex and difficult as there is narrowing of pulp chamber due to calcification.5 Hence in this case, endodontic therapy #10 was planned. The primary aim of RCT is to chemomechanical preparation of root canal spaces followed by obturating with material, which is chemically inert and provides hermetic seal. Guttapercha is one of the oldest obturating materials and is considered still as gold standard. However, guttapercha has shown inadequate seal and presence of voids when lateral ... ...build-up material, which is formed after cementation of the post. Composites, being more esthetic material gives favourable outcome. It is well bonded to the tooth through micromechanical retention creating a monobloc effect. However, microleakage, secondary caries factors should be considered. Resin luting cements played a major role in the modern dentistry. High compressive and tensile strength, low dissolution, adhesive mechanism and high esthetic qualities have made the material of choice in luting cements.13,14 All Ceramic crowns has shown increased fracture resistance and improved esthetics. Hence, the material of choice in the current clinical case. How ever the type of material with ceramic has not shown any significant difference. Every treatment plan should be based on the updated clinical evidence at highest level for the long term success of the therapy. Essay -- In the present case scenario, 19year old patient with crown fracture of #10 with 1.5mm of tooth structure remaining. However, the nature of pulp (vital or nonvital), history of pain, If any pulp exposure - time spent with exposed pulp, diameter of the pulp exposure and number of tooth walls remaining are not discussed. These factors are considered as key elements in the diagnosis and treatment plan. However within the limited findings, the present case can be diagnosed as complicated crown fracture #10 with pulp exposure involving enamel and dentin fracture. The success rate in vital pulp therapy of carious lesion has been reported in the range of 72.9-92.9%. However, further studies of high quality need to be conducted to evaluate the factors influencing the treatment outcome. 1 The classic Toronto study shown 92%, 93% of success in endodontically treated teeth without periapical radiolucency.2,3 The outcome of non surgical endodntic therapy reported a success rate of 86-93%. 4 It is seen that the success rate of pulp therapy is predictably inferior to the nonsurgical endodontic therapy. Also failure of pulp therapy due to persistent bacterial infection, leaky restoration has severe painful condition. Treating failed pulp therapy is further more complex and difficult as there is narrowing of pulp chamber due to calcification.5 Hence in this case, endodontic therapy #10 was planned. The primary aim of RCT is to chemomechanical preparation of root canal spaces followed by obturating with material, which is chemically inert and provides hermetic seal. Guttapercha is one of the oldest obturating materials and is considered still as gold standard. However, guttapercha has shown inadequate seal and presence of voids when lateral ... ...build-up material, which is formed after cementation of the post. Composites, being more esthetic material gives favourable outcome. It is well bonded to the tooth through micromechanical retention creating a monobloc effect. However, microleakage, secondary caries factors should be considered. Resin luting cements played a major role in the modern dentistry. High compressive and tensile strength, low dissolution, adhesive mechanism and high esthetic qualities have made the material of choice in luting cements.13,14 All Ceramic crowns has shown increased fracture resistance and improved esthetics. Hence, the material of choice in the current clinical case. How ever the type of material with ceramic has not shown any significant difference. Every treatment plan should be based on the updated clinical evidence at highest level for the long term success of the therapy.

A Trip to the Store :: Parables Short Stories Essays

A Trip to the Store There once was a man, a ordinary man named John. John had a family with a wife and three kids, a house with a garage and two cars, very much of an average person was our John. One day John's wife asked him to go to the store to get some bread. As John put on his coat and found the keys to the car he already knew how he would get to the store. He would pull out of the driveway and turn left on Hazelwood Road. He would go past the neighbors on whose land he bowhunted every fall, down the hill, between the swamps and up the next hill to the highway. There he would right onto County Road 20 and cruise down the narrow road that wound past the State Park and the Country Club, probably glance at the lake to see how many ice houses were on the lake and then continue to the intersection of County Road 21. There he would turn left and continue on his way past Ruttger's, where he had often thought of getting a membership, past the boat landing where he liked to put his boat in the lake when he fished walleyes in the summer. Past Koblilka's where he bought his licenses and into town. Shortly after entering town he would coast to a stop at the stop light and wait to turn right. Then a short drive past the myriad's of restaurants and other business's hoping but never getting green lights at the intersections and then finally to turn into the parking lot of the store. Then after making his purchase he would turn around and retrace his route back home. It was a route John had taken many times before and was familiar and comfortable with. The route was one he could use with little thought or attention required on his part. Often instead of thinking about where he was going he would think about other things while he was driving or perhaps just listen to the radio. Sometimes he could make the whole trip there and back without hardly noticing the route itself. Not to say the trips were always easy, sometimes bad weather made the route slippery or heavy traffic made the trip longer then it should be. There was always a chance of having a flat tire or other car problems along the way.

Analysis of Richard Cory by Edwin Arlington Robinson Essay -- Richard

In â€Å"Richard Cory†, Edwin Arlington Robinson uses irony, simplicity, and perfect rhyme to depict the theme of the poem. The rhyme in â€Å"Richard Cory† is almost song-like, and it continues throughout the whole poem. The theme of the poem is that appearances are deceiving. The poem is about a man who everyone thinks is a â€Å"gentleman from sole to crown†, who then commits suicide. Irony is used in the poem very skillfully to show that appearances may be deceiving. When reading the poem, you get caught up in the song-like rhythm and it intensifies the effect of the tragedy. You think that everything is going perfectly, and that the poem is going to have a happy ending until you get to the last two lines, which are, â€Å"And Richard Cory, one calm summer night,/ Went home and put a bullet through his head.† When Richard Cory kills himself at the end of the poem, it is as shocking to the reader as it is to everyone else in the poem who assumed him to be the all around perfect guy. It is ironical that the man who everyone else thought was â€Å"perfect†, was missing something, and took his life Why does everyone want to be like someone else? It is human nature to want to be admired and honored. This is not right, though. Each and everyone person should be happy with who they are because just imagine if everyone were perfect and the same. The world would be quite boring. Edwin Robinson clearly shows us in his poem "Richard Cory" that the life of someone else may not be all what it is cracked up...

Humanities Chapters 31, 32, 33

Chapter 31 1. No. He stated, â€Å" ‘Progress’ is merely a modern idea, that is, a false ideal. The European of today is vastly inferior in value to the European of the Renaissance: further development is altogether not according to any necessity in the direction of elevation, enhancement, or strength. 2. A. ) Paul Verlaine, Arthur Rimbaud, Charles Baudelaire, Stephane Mallarme, & Maurice Maeterlinck. B. ) To find a language that embraced the mystical, the erotic, and the ineffable world of the senses. 3. A faun is part man, part beast. A nymph is a beautiful forest maiden.They have an erotic encounter. 4. They preserved the romantic fascination with nature and the Realist preoccupation with daily life. They idealized nature. They were interested in sensation and the sensory experience. They tried to record an instantaneous vision of their world, sacrificing the details of perceived objects in order to capture the effects of light and atmosphere. Some painted canvases t hat offered a glimpse into the pleasures of 19th century urban life. 5. Bergson viewed life as a vital impulse that evolved creatively, much like a work of art.True to Bergson’s theory of duration, experience becomes a stream of sensations in which past and present merge. 6. Reliquaries, masks, and freestanding sculptures were among the power objects used to channel the spirits of ancestors, celebrate rites of passage, and ensure the well-being of the community. Beadwork using seed beads and wood carving with hammered brass were unique features. 7. Post-Impressionist paintings were a broad reaction against Impressionism. The works continued to use the bright Impressionist palette, but rejected the Impressionism’s emphasis on the spontaneous recording of light and color.Post-Impressionists sought to create art with a greater degree of formal order and structure. The new styles they created, Georges Seurat’s divisionist technique and Vincent van Gogh’s brus hwork, led to more abstract styles that would prove highly influential for the development of modernist painting in the early twentieth century. Post-Impressionist compositions focused on the personal experience of the painter, versus fidelity to the object like in Impressionism; the style of the work, developing a new method of paint application or viewing the piece from multiple angles, was more important than subject matter. . The art of Paul Gauguin developed out of similar Impressionist foundations, but he too dispensed with Impressionistic handling of pigment and imagery in exchange for an approach characterized by solid patches of color and clearly defined forms, which he used to depict exotic themes and images of private and religious symbolism. Gauguin looked toward remote destinations where he could live easily and paint the purity of the country and its inhabitants. Chapter 32 1. A. ) Imagists were a group of poets who were leaders in the search for a more concentrated st yle of expression. B. Verbal compression, formal precision and economy of expression were the goals of the imagists. 2. A. ) The work portrays five nude female prostitutes from a brothel on Avinyo Street in Barcelona. Each figure is depicted in a disconcerting confrontational manner and none are conventionally feminine. The women appear as slightly menacing and rendered with angular and disjointed body shapes. Picasso â€Å"Africanizes† the two pink (white European) bodies of the two prostitutes who are seen on the right hand side of the picture and the other three faces he evokes an Iberian style of Picasso's native Spain, giving them a savage aura.This creates an effect of cultural confrontation; difference is explicitly present and causes uncomfortableness. B. ) French imperialism in Africa and the Pacific was at its peak, with boats and trading steamers bringing back ritual carvings and masks as curiosities. While the African carvings had a kind of quirky otherness, becom ing very collectible in France, the general view of Africa was the symbol of savagery. Unlike most Europeans, however, Picasso saw this savagery as a source of vitality and renewal that he wanted to incorporate for himself and for European painting.His interpretation of African art, in the mask-like faces of the figures on the right hand side, was based on this idea of African savagery; the brush-strokes which create them have a stabbing violent quality to them. 3. A. ) Analytic Cubanism is a multiplicity of viewpoints that replaced 1-point perspective. B. ) Synthetic Cubanism is the late phase of cubism, characterized chiefly by an increased use of color and the imitation or introduction of a wide range of textures and material into painting. 4.Machine technology of speed, electric lighting, and the new phenomenon of moving pictures. 5. A. ) Nonobjective art is art that lacks recognizable subject matter. B. ) Kandinsky was deeply influenced by the Fauves, the Symbolists, and by Rus sian folk art. Malevich arrived at nonrepresentational art not by way of Fauvism but through the influence of Analytic Cubanism, which asserted the value of line over color. Mondrian was inclined to discover geometric order in the landscape of his native country. 6. Thomas Edison was the first American to project moving images on a screen.In France the brothers Auguste and Louis Lumiere perfected the process by which cellulose film ran smoothly in a commercial projector. 7. Frank Lloyd Wright invested the techniques of glass and steel technology and the functional principle of the cantilever with the aesthetics of Japanese art to create a modern style of domestic architecture. Le Corbusier introduced some of the classic elements of modern urban architecture, including the open floor plan, the flat roof, and the use of glass â€Å"curtain walls. † 8.Atonality, polytonality, and polyrhythm as formal alternatives to the time-honored Western traditions of pleasing harmonies and u niform meter. Chapter 33 1. The id is the seat of human instincts and the source of all human desires, including nourishment and sexual satisfaction. It is the compelling force of the unconscious realm. The ego is the administrator or manager that attempts to adapt the needs of the id to the real world. The superego is the moral monitor commonly called the conscience. It monitors human behavior according to the principles inculcated by parents, teachers, and other authority figures. . Freud states that when any situation that is desired by the pleasure principle is prolonged, then it creates a feeling of mild contentment. Thus or possibilities of happiness is restricted by the law. Many of humankind's primitive instincts (for example, the desire to kill and the insatiable craving for sexual gratification) are clearly harmful to the well-being of a human community. As a result, civilization creates laws that prohibit killing, rape, and adultery, and it implements severe punishments i f such rules are broken.This process, argues Freud, is an inherent quality of civilization that instills perpetual feelings of discontent in its citizens. Freud's theory is based on the notion that humans have certain characteristic instincts that are immutable. Most notable are the desires for sex, and the predisposition to violent aggression towards authority figures and towards sexual competitors, which both obstruct the gratification of a person's instincts. 3. A piece of cake soaked in tea. 4. The themes of insecurity and vulnerability reflect the mood that prevailed during the early decades of the century.The main character wakes up one morning and realizes that he has been turned into a large insect. 5. A brand new car. 6. Dresdan, Munich 7. World War I; they dedicated themselves to spreading the gospel of irrationality because they believed WWI was evidence that the world had gone mad. 8. The group aimed to revolutionize human experience, in its personal, cultural, social, a nd political aspects. They wanted to free people from false rationality, and restrictive customs and structures. Breton proclaimed that the true aim of Surrealism was â€Å"long live the social revolution and it alone! To this goal, at various times Surrealists aligned with communism and anarchism. There are two composers who were greatly influenced by Surrealism like Erik Satie. He wrote the score for a ballade parade which had a great influence on other composers like Guillaume Apollinaire. He coined the term and made compositions based on it. 9. There are two composers who were greatly influenced by Surrealism like Erik Satie. He wrote the score for a ballade parade which had a great influence on other composers like Guillaume Apollinaire. He coined the term and made compositions based on it.

Liquidity Ratio Essay

In this case study, our main purpose is to analyze the company financial statements and investigate the effects of financial analysis announcements on the stock price from 2000 to 2004. Besides that, we concerned about the financial management or strategy in the company and how are they sustaining their company growth and expected earnings in the stock market. We also discuss about the company financial analysis and competition in the industry. 2. 0Case Study Summary Krispy Kreme Doughnut operation was started in 1937 when the founder of Kripsy Kreme, Vernon Rudolph began making doughnuts from a special recipe he bought from a French chef. Then, Krispy Kreme was so well-known and it expanded from a wholesale enterprise to an addition of Krispy Kreme’s retail operations and franchising. Rudolph focused on excellent quality of doughnuts and customer service. The result was always good when it was under the control of Rudolph. After Rudolph’s death, Krispy Kreme was acquired by Beatrice Foods and its priority was to earn profit. Beatrice encouraged additions to the menu and changed the original recipe and logo of Krispy Kreme to cut cost. Unfortunately, the business went down Beatrice decided to sell it. In 1982, the new owner of Krispy Kreme, Joseph McAleer bought Krispy Kreme by using leverage. Joseph maintained back the original logo and recipe of Krispy Kreme. One of the priorities of Joseph and Krispy Kreme focused on hot and fresh doughnut. In 1989, Kripsy Kreme was free from debt and began to expand. In 1996, doughnuts and added branded coffee were their main focus. In year 2000, Kripsy Kreme went public and the initial share price reached $40. 63. After going public, the corporation was planning aggressively to increase the number of stores and enter international markets. The revenues of Krispy Kreme Doughnuts were generated from n-premises sales, off-premises sales, manufacturing and distribution of product mix and machinery and franchise royalties and fees. In May 2004, Krispy Kreme announced three major adverse results for the first time as a public company. Firstly, the company suffered loss due to the trend of low-carbohydrate diet. Secondly, it planned to divest Montan a Mills and would be charged. Thirdly, the company planned to close three of its new Hot Doughnut and Coffee Shops. These announcements made the shares closed down by 30%. In year 2003, SEC announced that Kripsy Kreme was too aggressive in acquiring franchise. The practice of Krispy Kreme acquiring Michigan franchise was so wrong. The company recorded the interest income on past-due loan from Michigan as immediate profit and the purchase cost on Michigan as intangible asset and did not pay off. In the same time, the company was being charged due to the quitting of the Michigan’s top executive. The shares of Krispy Kreme fell for another 15% due to the announcement from SEC. SEC published another report stated that Krispy Kreme was facing the problem of growing too fast and the company was too rely on the profits made from manufacturing and distribution of franchise equipment. Strengths Krispy Kreme is a well-established and long running company. It has a strong and consistent consumer base in United State and abroad. Krispy Kreme is a nationally well known consumer brand because the company offers product that is second to none regarding on the taste, freshness and the finest ingredients. The company has consistent expansion and growth. Currently, the corporation has 395 stores with the presence in 40 states in United State and in 16 foreign countries. Krispy Kreme gains the most popularity in grocery, convenience stores and retail outlets due to easy accessibility to the product. The corporation offers more than 20 different types of doughnuts and other menu items including of coffee and bakery items. They are also selling those collectable memorabilia such as mugs, hats and toys. Besides that, Krispy Kreme introduced the neon sign of â€Å"Hot Doughnuts Now† because it offers variety of freshly made doughnuts with high quality everyday. Krispy Kreme is also the first corporation that cut a hole in its factory’s wall to sell its fresh doughnuts directly to the customers. Krispy Kreme is a vertically intergrated company with three business units which are company store operations, franchise operations and supply chain operation. They produce doughnuts in a cost effective manner because of the using of an accelerated approach. Thus, Krispy Kreme has a high capacity of production because each factory stores could produce 4000 dozen to 10000 dozen of doughnuts in a single day. In addition, Kripsy Kreme also differentiated itself with the others by offering customers an experience to see the production of doughnuts. 3. 1. 2Weaknesses Krispy Kreme has the following weaknesses which is the low inventory turnover ratio. If not attended to quickly the firms supply line will continue to cost more money and reduce future profits. Next, the financial condition of Krispy Kreme is better compared to its competitors but does have some areas that need improvement. Krispy Kreme’s young management is showing that they want to be alert and have employed an almost zero tolerance policy regarding debt. Poor management or financial practices hurt reputation and stock prices of this company. Limited amount of â€Å"healthy† menu selections, limited â€Å"non-breakfast† menu items 3. 1. 3Opportunities International expansion gives better returns to company. Krispy Kreme can grab the chance to expand its business and enter into new markets like Asia countries because Asians love sweet goods and they are open to trying foreign foods. The popularity of Western brands in these markets is quiet high.