Monday, September 30, 2019

Emerging Trends in Csr in India

Emerging Trends in CSR in India Corporate Social Responsibility or CSR as is popularly known is a system of gauging an organization’s bearing on society and weighing their responsibilities. CSR is not just about getting involved in some charitable practices or having ecological responsibility and a recycling policy. It is about the whole representation of the company which is to be considered, from internal practices to their clients, taking in every stride that a business takes during its usual operations.It is a continuous commitment that companies should have towards the economic, social and environmental development of the community in which they operate. Several companies have now enthusiastically taken up to the cause of CSR in countries with rising economies such as India. Corporate social responsibility is sustainable, which involves companies to take up activities without having negative impact on their business.In India several companies have started realizing that i t is a sensible move to take up CSR activities and integrate it with their business process. Corporations are becoming increasingly aware of their role towards the society. They are responsible bodies that feel a sense of duty towards the common welfare and the environment. This comes with a growing realization that they, as an integral part of this society themselves, can contribute to its upliftment and empower of the entire country in turn.Thus Companies now are setting up specific departments and teams that develop policies, strategies and goals which are for their CSR programs and allocate separate budgets to support them. These programs are based on well-defined social beliefs or are carefully aligned with the companies’ business domain. In the modern era, the new generation of corporate leaders considers optimization of profits as the key, rather than the maximization of profit.Hence there is a shift of paradigm from accountability to shareholders to accountability to stakeholders. The focus has been on initiatives that are people-centric with active community participation at all levels. Moreover, the corporations themselves have moved away from the charitable initiatives like giving financial grants or sponsorships to providing products and services in a manner that would make a real difference in the target communities.Companies today are aiming a host of programs and schemes in several areas like education, healthcare, rural development, environment protection, protection of artistic and cultural heritage and disaster management that are modified to meet the specific needs of the target group and for the successful implementation of these schemes corporations devote not only financial resources but expertise, manpower, products and services. Corporate Social Responsibility is increasingly becoming an important aspect of corporate behavior and thus imperative to the business.There are several reasons attributed to this, one being that the pote ntial partners wants to work with companies that are sustainable and has a clean and good image in the society. Employees too want to work for a company that’s making a difference, prospective employees look to CSR reports and other information to get a sense of the corporate culture. Thus the corporations which are private initiatives are becoming more like public institutions whose survival depends on the consumers who buy their products and shareholders who invest in their stocks.A concern for social and environmental development should be made a part of every corporate entity through its inclusion in the annual agenda backed by strong and genuine programs. Thus corporate contribution to the society, environment and business when guided by enlightened self-interest leads to improvement of the quality of life for all. Also effective corporate responsibility requires a good level of commitment from the entire organization and especially the top management who can ensure that not only CSR is practiced in their organizations but is also practiced well.

Sunday, September 29, 2019

Paths of Glory vs All Quiet on the Western Front Essay

â€Å"Paths of Glory† and â€Å"All Quiet on the Western Front† are two different stories about the 1st world war. They are similar and different in their own ways. Many children born in North America usually grow up seeing war movies from the America’s point of view. This is different in Paths of Glory and All Quiet on the Western Front. These films/novels display how European countries fought this war, whether it was good or bad. They display both sides of WWI, and when compared can show differences AND similarities. Here are their differences. A thorough look at these two stories can uncover many differences, but the main ones would be the point of view being French and German; a soldiers perspective and an officers perspective; and the outcomes of each side. Paths of Glory(POG) displays France’s view of the war while All Quiet on the Western Front(AQWF) displays Germany’s view of the war. The story AQWF is about German soldiers’ take on the war. It relates more to young readers lives and the struggles of young soldiers in a war. POG on the other hand, targets the officers as the main point of view in the war. It displays the corruption and the loyalty of officers. In POG the French have the upper hand on the Germans in the war and don’t seem to ever be drastically losing, while in AQWF, there is death everywhere and it ends with all of the main characters dying and Germany losing the war. All these things display the differences between these two epic war stories, but there are some similarities. All Quiet on the Western Front and Paths of Glory have very similar main characters, in which the characters both make the same astonishing discoveries. The characters in both cases realize that the real enemy in the war is not the country they are fighting against, but the leaders of their own military. This is much more relevant in the movie, POG, when it shows General Mireau ordering fire on his own troops. However, the theme is still in AQWF. Evidence of this is how Corporal Himmelstoss makes the men’s lives miserable, making them do petty things such as saluting drills. Within the novel the protagonists discover that the men they are against are not much different than themselves. Moreover, this is extremely evident with Paul, the narrator of AQWF, who spends a night in a shell hole with a Frenchman who is dying right beside Paul. Both the novel and the film show the bad living conditions, although the novel is from the German viewpoint and the film, from the French viewpoint. There are many other differences in the plots of the two stories. Similarities and differences are evident throughout All Quiet on the Western Front and Paths of Glory. The differences being the outcomes of each side, the points of view between the two countries and the points of view between officers and soldiers. The similarities of course being the corruption, the living conditions and the shared setting/time period of WWI. When all is said and done, the differences and similarities of these Great War stories make the pair amazing themes to compare and contrast.

Saturday, September 28, 2019

The Social Organization

The late Professor Fiske, in his Outline of Cosmic Philosophy, made a very interesting remark about societies like those of China, ancient Egypt, and ancient Assyria. â€Å"I am expressing,† he said, â€Å"something more than an analogy, I am describing a real homology so far as concerns the process of development,–when I say that these communities simulated modern European nations, much in the same way that a tree-fern of the carboniferous period simulated the exogenous trees of the present time. So far as this is true of China, it is likewise true of Japan. The constitution of the old Japanese society was no more than an amplification of the constitution of the family,–the patriarchal family of primitive times. All modern Western societies have been developed out of a like patriarchal condition: the early civilizations of Greece and Rome were similarly constructed, upon a lesser scale.But the patriarchal family in Europe was disintegrated thousands of years ag o; the gens and the curia dissolved and disappeared; the originally distinct classes became fused together; and a total reorganization of society was gradually [230] effected, everywhere resulting in the substitution of voluntary for compulsory cooperation. Industrial types of society developed; and a state-religion overshadowed the ancient and exclusive local cults. But society in Japan never, till within the present era, became one coherent body, never developed beyond the clan-stage.It remained a loose agglomerate of clan-groups, or tribes, each religiously and administratively independent of the rest; and this huge agglomerate was kept together, not by voluntary cooperation, but by strong compulsion. Down to the period of Meiji, and even for some time afterward, it was liable to split and fall asunder at any moment that the central coercive power showed signs of weakness. We may call it a feudalism; but it resembled European feudalism only as a tree-fern resembles a tree.Let us first briefly consider the nature of the ancient Japanese society. Its original unit was not the household, but the patriarchal family,–that is to say, the gens or clan, a body of hundreds or thousands of persons claiming descent from a common ancestor, and so religiously united by a common ancestor-worship,–the cult of the Ujigami. As I have said before, there were two classes of these patriarchal families: the O-uji, or Great Clans; and the Ko-uji, or Little Clans.The lesser were branches of the greater, and subordinate to [231] them,–so that the group formed by an O-uji with its Ko-uji might be loosely compared with the Roman curia or Greek phratry. Large bodies of serfs or slaves appear to have been attached to the various great Uji; and the number of these, even at a very early period, seems to have exceeded that of the members of the clans proper. The different names given to these subject-classes indicate different grades and kinds of servitude.One name w as tomobe, signifying bound to a place, or district; another was yakabe, signifying bound to a family; a third was kakibe, signifying bound to a close, or estate; yet another and more general term was tami, which anciently signified â€Å"dependants,† but is now used in the meaning of the English word â€Å"folk. † †¦ There is little doubt that the bulk of the people were in a condition of servitude, and that there were many forms of servitude. Mr.Spencer has pointed out that a general distinction between slavery and serfdom, in the sense commonly attached to each of those terms, is by no means easy to establish; the real state of a subject-class, especially in early forms of society, depending much more upon the character of the master, and the actual conditions of social development, than upon matters of privilege and legislation. In speaking of early Japanese institutions, the distinction is particularly hard to draw: we are still but little informed as to the condition of the subject [232] classes in ancient times.It is safe to assert, however, that there were then really but two great classes,–a ruling oligarchy, divided into many grades; and a subject population, also divided into many grades. Slaves were tattooed, either on the face or some part of the body, with a mark indicating their ownership. Until within recent years this system of tattooing appears to have been maintained in the province of Satsuma,–where the marks were put especially upon the hands; and in many other provinces the lower classes were generally marked by a tattoo on the face.Slaves were bought and sold like cattle in early times, or presented as tribute by their owners,–a practice constantly referred to in the ancient records. Their unions were not recognized: a fact which reminds us of the distinction among the Romans between connubium and contubernium; and the children of a slave-mother by a free father remained slaves. * In the seventh ce ntury, however, private slaves were declared state-property, and great numbers were [233] then emancipated,–including nearly all–probably all–who were artizans or followed useful callings.Gradually a large class of freedmen came into existence; but until modern times the great mass of the common people appear to have remained in a condition analogous to serfdom. The greater number certainly had no family names,–which is considered evidence of a former slave-condition. Slaves proper were registered in the names of their owners: they do not seem to have had a cult of their own,–in early times, at least. But, prior to Meiji, only the aristocracy, samurai, doctors, and teachers–with perhaps a few other exceptions–could use a family name.Another queer bit of evidence or, the subject, furnished by the late Dr. Simmons, relates to the mode of wearing the hair among the subject-classes. Up to the time of the Ashikaga shogunate (1334 A. D. ), all classes excepting the nobility, samurai, Shinto priests, and doctors, shaved the greater part of the head, and wore queues; and this fashion of wearing the hair was called yakko-atama or dorei-atama–terms signifying â€Å"slave-head,† and indicating that the fashion originated in a period of servitude. [*In the year 645, the Emperor Kotoku issued the following edict on the subject:– The law of men and women shall be that the children born of a free man and a free woman shall belong to the father; if a free man takes to wife a slave-woman, her children shall belong to the mother; if a free woman marries a slave-man, the children shall belong to the father; if they are slaves of two houses, the children shall belong to the mother. The children of temple-serfs shall follow the rule for freemen. But in regard to others who become slaves, they shall be treated according to the rule for slaves. –Aston's translation of the Nihongi, Vol. II, p. 202. ] About t he origin of Japanese slavery, much remains to be learned.There are evidences of successive immigrations; and it is possible that some, at least, of the earlier Japanese settlers were reduced by later invaders to the status of servitude. Again, [234] there was a considerable immigration of Koreans and Chinese, some of whom might have voluntarily sought servitude as a refuge from worse evils. But the subject remains obscure. We know, however, that degradation to slavery was a common punishment in early times; also, that debtors unable to pay became the slaves of their creditors; also, that thieves were sentenced to become the slaves of those whom they had robbed. Evidently there were great differences in the conditions of servitude.The more unfortunate class of slaves were scarcely better off than domestic animals; but there were serfs who could not be bought or sold, nor employed at other than special work; these were of kin to their lords, and may have entered voluntarily into serv itude for the sake of sustenance and protection. Their relation to their masters reminds us of that of the Roman client to the Roman patron. [*An edict issued by the Empress Jito, in 690, enacted that a father could sell his son into real slavery; but that debtors could be sold

Friday, September 27, 2019

Do the events management questions on the ppt Assignment

Do the events management questions on the ppt - Assignment Example Current Supply Chain Management tools are capable of helping event managers and organizations achieve and retain a competitive edge through empowering them to streamline and improve their most vital supply chain operations from the beginning to the end. With the tools of supply chain management installed, the event manager and the organization in question can maximize cost-efficiency; enhance productivity while giving the bottom line a massive boost. The functionality is crafted to automate totally and enhance chain process (De Waart, 2013, p. 22). The supply chain package aids the event manager in bettering the supervision and management of the supplies, raw materials and the components needed for the events in the organization. As such, any possible threats of excessive wastes are accounted for, in the process freeing up valuable real estate for other vital functions and cuts on associated storage charges. In its role in the management of orders, the supply chain management drastically accelerates the execution of the whole order-to-delivery cycle through enabling firms to be more productive. SCM allows the dynamic scheduling of supplier deliveries to more efficiently meet the demand and more quickly create the pricing and product configuration (De Waart, 2013, p. 24) Another critical aspect of SCM is the ability to forecast and plan events in the organization (De Waart, 2013, p. 25). With the tools of SCM in place, the event manager can more specifically anticipate client needs and plan the procurement and production activities more accurately. Consequently, the event manager can avoid unnecessary purchases of raw materials, reduce production over-runs, and curtail the need to store vast quantities of processed goods. Another feature of supply chain management is logistical capability. With the rapid expansion of the organization on the global scale, the supply chains of such firms gain much complexity (De Waart, 2013, p.

Thursday, September 26, 2019

Self Reliance Term Paper Example | Topics and Well Written Essays - 1000 words

Self Reliance - Term Paper Example Self-Reliance – how to get that? The primary necessity for the presence of self-reliance in a leader is to understand what one is capable of doing and believe in the virtues of his/her values. If such belief is created within oneself, then there is every possibility for the emotional quotient of the human brain to generate energy that would motivate the leader to back every decision he makes and subsequently act on those decisions. So, it could be said that behind every successful organization or every successful team activity, there would always be a person who is able to display his motivations, inner self and as a result, will be capable of telling others who they are, why they do such things and what he wants them to do to in order to succeed in that activity. Any leader who is independent enough to act on his decisions can be considered as self-reliant. Advantage A major advantage of a self-reliant and an independent person is that they would be totally in control of thei r emotions while taking decisions. As a result, any problem could be dealt by them in a balanced manner and such a person would arrive at any decision only by understanding the pros and cons of that decision and would not allow any emotional leverage to pull them to any side. Also, when such decisions are made, one could easily motivate others in the team to act to their full potential because, they would be clearly aware that true and hard work will turn successful and be rewarded under the self-reliant person’s leadership. One exemplary example of self-reliance being the primary force of leadership could be the life and struggle of Gandhi, popularly called as the ‘father of India’ (Chadha, 1997). Gandhi brought into a country filled with chaos and fight, a sense of peacefulness and unity only through his self-reliance. He was not a well-built man and he was totally ignorant about the artilleries and nuances of war, but he was completely aware of what he is capa ble of. He understood his capabilities and fought with that. He always believed that to free India from the British, it can never be done through violence and action. Only with non-violent movements and consistent protests can there be any sort of positive movement. He stood in front of the British, took their beatings and still continued to fight in a non-violent way. His was a perfect example of how a leader can unite a nation just by his determination and self-reliance. His practices and preaches were clearly a result of understanding of his own true-self and the success that was tasted in the form of India’s freedom was actually a direct result of his self-reliant attitude (Chadha, 1997). It is evidently clear that from the above example, that unless one understands the true nature of himself, one can never become self-reliant and thus a good leader. It is an age old truth and even Emerson (1967), in his poem â€Å"Self-Reliance†, written several years ago has clea rly iterated this truth by stating that no man, irrespective of how much ever he tries and copies the attitude, living way or the behavior of other person, can never become another person and can only remain as his true self (Emerson, 1967). Negative-side There is another issue that could be considered as one of the negative effects of being self-reliant. If a person believes

Foreign Exchange Essay Example | Topics and Well Written Essays - 500 words

Foreign Exchange - Essay Example Looking at Table ll.1(Foreign Exchange Quotations, p.5) I see that the Monday 1-month forward for the Japanese yen, using the Direct Quote, is $0.009048 compared to the spot rate of .009035. The 3-month forward is .009074 and the 6-month forward is .009124. This means that the Japanese currency is expected to progressively appreciate during this period. The indirect quote column (Japanese currency calculated in US dollar terms) confirms the expected trend, showing that gradually it will require more dollars to pay for a fixed amount of Japanese yen. I use the spot rate when I need the currency immediately. I go to a lending institution or a bank to arrange for a forward exchange contract when I need to protect the value of the US dollar against the possibility that the Japanese yen will rise in value (appreciate), and it would require me to spend more money to purchase a product priced or denominated in that currency. In this particular case, if I have to purchase Y100,000 now, at the rate of $0.009035 per yen, the amount I have to pay will be $903.50, which is obtained by multiplying these two numbers. Since the 1-month forward rate is $0.009048, the amount of our contract with the bank will be $904.80, which is higher by $1.30. A month from now, I will obtain from the bank Y100,000 at this price. I can either buy Y100,000 now at the spot market price at the rate of 1 Yen = $0.009035 and hold the currency until a month from now when I need to use it for payment, or I can arrange a forward contract which, at $0.009048, is $1.30 higher. The forward contract will protect me in case the Japanese yen appreciates. For example, if the Japanese yen, contrary to market expectations, rises to $0.009200 (or, conversely, $1 = 108.70, obtained by computing its reciprocal - i.e., 1/.009200), I will need to pay $920.00 a month from now – or $16.50 higher - because I did not hedge my position by using the forward contract. This is also

Wednesday, September 25, 2019

Maggot Therapy in the Healing of Recalcitrant Infected Leg Wounds Essay

Maggot Therapy in the Healing of Recalcitrant Infected Leg Wounds - Essay Example Accurate figures of the incidence of infected leg wounds turning into recalcitrant ulcers have not been easy, as many of patients with such wounds prefer to be treated at home. Simka and Majeswki, 2003, estimate that in the United Kingdom the annual incidence of infected wounds turning into leg ulcers, as a result of venous insufficiency is 3.5 per 1000 individuals. With the elderly population in the developed world increasing as a result of the increased life expectancy the incidence of such infected wounds is expected to rise. In addition the possibility of such leg wounds recurring is high and Walker et al, 2000, point out that such infected leg wounds could take as long as thirteen months to heal. The impact of such long periods of disability on their normal activities and the economic impact of their inability to undertake their work responsibilities increases the responsibility of the healthcare professionals to seek ways and means of causing the healing of such infected leg ulcers within the shortest possible period of time. It is against this backdrop that complementary therapies to the currently employed management and care pathways of recalcitrant infected leg wounds gains significance. A part of this responsibility may be attributed to the underlying pathologies, but as the underlying pathologies cannot be wished away, it becomes important that alternate care pathways that reduce the healing times and increase the possibility of quicker successful outcomes be considered and more so when there is sufficient evidence that suggests the consideration of such therapies.

Tuesday, September 24, 2019

Physiology for health Essay Example | Topics and Well Written Essays - 1000 words

Physiology for health - Essay Example 4. Describe the mechanisms involved in regulation of energy metabolites? 5. Explain the role of the hormones involved in controlling glucose level? 6. Describe the role of structures in controlling carbon dioxide and urea? Homeostatic Mechanism Homeostatic mechanism happens in an attempt to balance the internal environment of the body despite the changes in temperature of the internal and external environment. To achieve such condition, the temperature and chemical compositions of the person’s fluid environment has to remain constant (Thibodeau & Patton, 2004). Thus, in events where there are disturbances of the homeostatic condition of the body, specific regulatory mechanisms responds to adjust the different body systems for the person to get back to its homeostatic state. The body adapts the self regulatory mechanism as a way to homeostasis. For instance, if a person’s temperature greatly fluctuates from the set point which is 37 degrees centigrade, the regulatory sys tem that controls body temperature use negative feedback to correct the temperature to bring it back to the set point. The same holds true in chemical changes where glucose and gases such as carbon dioxide and oxygen has to be maintained if the person is to survive. However, in this case, there is a gap for hormonal homeostasis to be corrected because chemical substances of the body take time to diffuse and circulate into the blood stream. Osmoregulation and Thermoregulation Process Homeostatic mechanism works to regulate the osmoregulation process through the kidneys that regulates the water and electrolytes that leaves the blood so that it equals the amount that enters. To process blood plasma and to form urine, the mechanism of filtration, tubular re absorption and tubular secretion has to take place. These mechanisms start when the water and solutes free of protein moves from plasma to the tubules of the Bowman’s capsule. As they pass through the tubules, water and import ant solutes are reabsorbed while molecules that move out of the blood are excreted. This process not only prevents water loss or retention but also maintains sodium and potassium content as well as the desirable ph level of the blood. Thermoregulation is also regulated by homeostatic mechanism with the negative feedback of the muscles. Stimulus from the outside environment is perceived by the affectors and is relayed to the hypothalamus where it is compared with the â€Å"built in† body set point. The result of the interpretation of the hypothalamus will be sent back to the effectors for the body to act appropriately. For example, when a person is exposed to cold weather, the skin and blood vessels picks up the signal and is sent to the hypothalamus which is interpreted as something that threatens the temperature. As a result, it sends nerve signal to the muscles to shiver to produce heat. Once the body temperature is regulated, the hypothalamus stops its stimulation of the e ffectors. Functions of Cardiovascular and Respiratory systems in regulating body Mechanism The function of the cardiovascular and respiratory systems regulates body mechanism by transporting hormones and nutrients , cleansing waste body products such as carbon dioxide and providing the body with fresh supply of oxygen as the blood circulates within the structures of the heart and lungs. As the blood is propelled to enter the right side of the

Monday, September 23, 2019

Essay (see instruction) Example | Topics and Well Written Essays - 250 words

(see instruction) - Essay Example Therefore, there has been a constant reduction of tourists who opt for regions with low tariffs. Consequently, there is a need to set low tariffs (Hall, Smith, & Marciszewska, 2006). Second, insecurity is a major challenge affecting tourism. Unfortunately, many countries have done less about solving the problem. Consequently, this has led different nations to imposing sanctions as a way of protecting their citizens. Therefore, this has led many tourism countries to face economic losses. As a solution, governments need to invest more on security, and set up policies that would protect tourists (Okoth & Ndaloh, 2010). Third, political instability has continuously been a challenge to the tourism sector. Thus, it has subjected tourists to difficult political situations. For instance, despite claims by government that they support tourism, visa allocation has been limited. These among many others hinder tourism. Therefore, through proper leadership political stability is attainable (Some of the Major Current Issues Confronting Tourism, 2006). Hall, R. D., Smith, K. M., & Marciszewska, B. (2006). The Challenges and Opportunities of EU Enlargement. In R. D. Hall, K. M. Smith, & B. Marciszewska, Tourism in the New Europe (pp. 247-250). New York:

Sunday, September 22, 2019

Naturopathic Medicines over Pharmaceutical Medications Essay Example for Free

Naturopathic Medicines over Pharmaceutical Medications Essay For World Health Organization (WHO), health of an individual is not only means of getting rid of physical illness or pain but involves complete mental and social wellbeing of an individual. It is muti-dimensional and involves various aspects including social environment of a person or a society. Still eighty per cent of people are heard complaining about one or the other health problems and only one percent of people are in according to the WHO definition really healthy. Among several factors, it’s the departure of the people from our age-old system of naturopathic treatment towards hyped Pharmaceutical Industry – a product of Industrial revolution. Dr. Mathias Rath, a German-based advocate of patients’ rights and author of the book, â€Å"Why Animals Don’t Get Heart Attacks-But People Do†, rightly said, â€Å"There is an entire industry with an innate economic interest to obstruct, suppress and discredit any information about the eradication of diseases†. (Faseyin, 2004) He condemned millions of people who are eager to pay billions of dollars to the pharmaceutical industry for medicines that never cure rather kills. Pharmaceutical industry is earning more than one trillion dollars by selling drugs promising cure of various diseases and are being marketed at a cost more than 55,000 percent of the raw materials, bringing profit to the whole pharmaceutical industry and the people attached to it but without any concern to the health of the people. These drugs are merely removing symptoms instead of curing. As a result, more people are finding themselves facing deathbeds even from the preventable diseases. For e.g. few centuries back, James Lind had found that deficiency of vitamin C can cause blood loss and scurvy but still pharmaceutical industries dealing with medicines promising the cure of cardiovascular diseases are not supplying this information. The official RDA for vitamin C set at 60 mg is also not enough to prevent the disease. And the reason is the attitude of the pharmaceutical industry that looks at the cost effectiveness of the medicines rather than the health of the citizens; naturally they find vitamin C as an unprofitable venture for the pharmaceutical industry. Allopathic medicines can cure acute illnesses very effectively and pharmaceuticals and artificial respiration has also saved lives of millions.   But if we count the side effects, these are more than the actual benefits. Several cases have come to light when patients have suffered from pneumonia and acute physical dysfunction arising from the continuous use of steroid medication. Patients can also lose normal intestinal flora and can develop acute digestive problems. Nature has bounteous wealth of healing powers in its lap, which our ancient healers had fruitfully utilized, to the advantage of the patients. Naturopathic medicines go deep into cleaning of our immune system, healing hormonal, nervous systems and detoxifying them and eliminating diseases from its roots thus taking care of patient’s complete health. Medieval Jewish writer, Maimonides reflected Plato’s concept of health, when he said, â€Å"The cure of many diseases is unkown to the physicians†¦ because they are ignorant of the whole (body and soul) which ought to be studied also; for the part can never be well, unless the whole is well. For all good and evil, whether in the body or in the human nature originates†¦ in the soul, and overflows from thence†¦ and therefore if the head and body are to be well, you must begin by curing the soul; that is the first thing.† (Vaux Stenberg 2002) Underlying principles of healing on which the naturopathic medicine is based makes it different from all other medical approaches. Naturopathic doctors take the individual’s biochemistry, biomechanics, and emotional predispositions into account while prescribing medicines.   The body’s self-healing takes into consideration various aspects of body control and strive to maintain the biological balance of the body, which is a very crucial aspect of a healthy body. The holistic or naturopathic way of healing works in combination of best scientific diagnosis methods and monitoring techniques with both ancient and innovative health promotion methods. These methods involve use of natural diet and herbal remedies, nutritional supplements, exercises, relaxation, psycho-spiritual counseling, meditation, breathing exercises, and other self-regulatory practices taking into consideration history of patient’s health and his current life including family, job, and religious life and believes in basic concept that food and nutritional supplements are the best medicine. It focuses on prevention of diseases, maintaining high-level wellness and longevity. Besides, naturopathy beckons patients to be an active participant in his or her own healing process, rather than merely becoming a passive recipient of treatment. Naturopathy deals with specific individual needs, and involves in healing process of body, mind and soul. It is quite true that to understand about the illness, knowing about mere physical symptoms are not enough but emotional aspects of patient should also taken care of. Therefore naturopathic treatment is also called as a science of life as it regulates and maintains chemical activities in the brain, controls rhythm of heart, blood pressure, resistance power of skin and other functions inside our body.   It helps persons to overcome anxiety, depression, irritability, improve memory, create emotional stability, and proves to be a healing power for our old traumatic experiences and over and above rejuvenates our lives by giving us energy and vitality. There are several herbs that have multiple uses for human body. People have been growing herbs since centuries and their medicinal properties even challenge the practitioners of medicines of today. Our ancestors were growing the herb plants in their homes. Many evidences have come to light, which show that early settlers had grown herbs like parsley, anise, pennyroyal, sorrel, watercress, liverwort, wild leeks, and lavender across America and in other parts of the world also. They are still grown in many houses all over America and their proper use can relieve the patients from number of diseases. They are many more herbs like ginger, which reduces the chances of heart attack and act as a protective cover for heart and blood vessels. (Naturals Herbs Guide Online) In 1983, World Health Organization suggested to incorporate naturopathic medicine in conventional health care systems. In 1994, Bastyr University of Natural Health Sciences, received grant of   $1 million funds from the National Institutes of Health’s Office of Alternative Medicine to facilitate the research for alternative therapies to cure the patients affected with HIV and AIDS. The diet for cancer patients recommended by the National Cancer Institute was first published in a naturopathic medical textbook in the 1940s. Government of Germany has made it mandatory for conventional doctors and pharmaceuticals also to undergo formal training in naturopathic techniques, as they are cost-effective. (Morton Morton 1997) Graduates of naturopathic colleges have to put in more hours of study in basic and clinical science than their counterparts in Yale or Stanford medical schools and they receive more training in therapeutic nutrition than Md.’s, osteopathic physicians, or registered dietitians. In United States alone, there are more than one thousand licensed naturopathic physicians and many provinces of Canada also issue licenses to naturopathic doctors as primary care physicians and it is expected that by the end of 2010, all fifty states will start issuing licenses to naturopathic physicians. (Alan Morton, Marry Morton 1997) There are many more healing techniques like Chiropractic, Ayurvedic Medicine, Therapeutic Massage, Traditional Chinese medicine (TCM)/ Chinese Medicine, Acupuncture, Acupressure, Atlas Orthogonal, Chelation Therapy, Colonics, Psychotherapy/Counseling, Movement Therapies/ Dance, Holistic Dentistry, Ear Candling- Ear Candling/ Ear Coning/ Thermal-Auricular, Feng Shui, Flower Essences (Bach Flower Remedy), Herbalism, Hypnotherapy, Lymph Drainage Therapy, Ohashiatsu and Vitamin Therapy, whose basic principles and remedies lie in the various ingredients found in the nature. So why not fully utilize what the nature has given to us as only with the healthy body, there is healthy mind and only healthy mind can lead the world towards healthy living. REFERENCE LIST Faseyin A.Y.   2004. The Pharmaceutical Cartel: A Tool for Genocide. Retrieved on February 10, 2008 from W.W.W: http://newafrikanvodun.com/pharm.html. Grout M.M. Allopathic Medicine. Retrieved on February 10, 2008 from W.W.W: http://www.crossroadsclinic.net/articles/allopathic_medicine.html Morton M. A. Morton M. 1997. Naturopathic Medicine. Retrieved on February 26, 2008 from W.W.W: http://www.healthy.net/asp/templates/article.asp?PageType=ArticleID=508 NaturalHerbsGuide.com. Natural Herbs, Herbal Remedies, Medicines, and Supplements Guide. Retrieved on February 26, 2008 from W.W.W: http://www.naturalherbsguide.com/ Vaux K.L. and Stenberg M. 2002. Covenants of Life: Contemporary Medical Ethics in Light of the thought of Paul Ramsay. USA: Kluwer Academic Publishers.

Saturday, September 21, 2019

U.S. automobile industry.

U.S. automobile industry. EXECUTIVE SUMMARY Car is great invention of human development. After more than two centuries of development and innovation, automotive products remain irreplaceable in the transportation. Automobile industry is always one of the most important industries of each country and the world in general. The U.S. automobile industry was born in the beginning of 19th century, contributes a huge amount in GDP of American as well as one of the domination industries in American particularly and globe generally. This project provides an overall and comprehensive view about the U.S. automobile industry. Through application of appropriate strategic analysis tools, this topic focus on analyze four following parts: Firstly, the overall current macro-environment of this industry is provided, especially the key forces driving change in the U.S. automobile industry. Secondly, using the Michael Porter model to analyze the competitive environment or also called task or industry environment, the strengths and extent of competitive forces, which affect the attractiveness of the U.S. automobile industry. Next, map of the key strategic group in the U.S. automobile industry and analysis of the competitors in a main strategic group. Finally, based on the analysis of both environments, this report offers comments of the key opportunities and threats facing by the firm in the U.S. automobile industry and its attractiveness of the present incumbents and potential new entrants. I. INTRODUCTION The United States, with its total current resident is about 308 million, is the third most populous country in the world. It is the second largest country in Western Hemisphere, and the third or fourth largest in the world by total area. With an estimated 2008 gross domestic product (GDP) of US $14.4 trillion (a quarter of nominal global GDP and a fifth of global GDP at purchasing power parity), the U.S. economy continuingly occupies the most important position in global economy. Based on these advantages, the U.S. automobile market is one of the third largest markets, after China and Japan, both of manufacturing and consumption. The U.S. automobile industry has long historic development from the early decades of the 19th. There were over 1800 automobile manufacturers in the United States in the past. Although very few can survive and only a few new ones were started after that period, they are on the top automakers of the world. Moreover, it attracts most of the biggest foreign automakers to locate factories and invest, such as Toyota, Honda, BMW, Mitsubishi, etc. Recently, the automobile industry dramatically down caused the shortage resource and the current economic crisis. The U.S. automobile cannot avoid this trend. However, the general industry and Big Three U.S. automakers General Motors, Chrysler, and Ford recover gradually whereby the timely auto industry bailout and restructuring of the President Barack Obamas government. II. THE CURRENT MACRO-ENVIRONMENT OF THE AUTOMOBILE INDUSTRY There are many external forces that can affect an industrys performance and hence to know well about the environment is the best way for improving the strength as well as reducing the weaknesses of companies in the field. This analysis of Socio-cultural, Technological, Economic, Ecological, Political and legal forces that affect the automobile manufacturing industry will be presented as follows. 1. Socio-cultural forces It cannot be deny that in todays society, people are judged on the type of cars they drive. Anyone who drives a nice and expensive vehicle is thought to be wealthy and success. People will find them-selves more valuable and feel better when they drive a nice and new car and therefore, car manufacturers target their markets by these thoughts. For example, with Mercedes-Benz, the producer launched three types of cars, which represent the brands value: luxury, safety, innovation. They are A-Class, F400-Carving and C-Class which being able to appeal the significant diversity of Mercedes-Benz in conquering the customers. Another thought provoking issue of the socio cultural is the environmental concerns for the need of fuel-efficient vehicles. Many environmentalists are worried about the impact that the gas cars have on the environment. The lower amount of gas emission emits into the air, the better the environment becomes. Therefore this problem also is taken into consideration by specialists of automobile companies. 2. Technological forces The U.S. is the worlds largest producer and consumer of motor vehicles with production of 16 million units every year. To increase its scale, the U.S automotive industry continues to experience technological change by investing on research and develop projects every year. These plan aim at finding out clean and renewable energy resources so that car can be used in the most efficient way. In addition to this, improving the quality of engine, making new more functions, changing technical innovation and styles for cars are also the objects that car-manufacturers want to bring to customers. Getting success as today, automobile industry should consider Internet as an important and useful instrument that make the business easier and more convenient. Thanks to its functions, the business of automobile industry becomes more efficiency and lower cost by e-booking, payment, connecting suppliers and customers online. For example, Ford, GM, and Daimler Chrysler created a global online exchange for suppliers and the original equipment manufacturers. 3. Economic forces In the past, the automobile manufacturing industry is regarded as one of the largest and vital industries within the U.S due to its great contributing to this economy in employment and productivity. Reports indicate that motor vehicle production represents over 5 % of the U.S. private sector GDP. However, because of the global crisis and the increase in oil price, 2008 and 2009 are the most difficult periods for automobile companies all over the world. In US, the number of cars sold is significantly reduced to be lower than 30% in 2008 and predicted 50% in 2009, making many automobile companies got into trouble, especially big ones like General Motors, Ford and Chrysler. 19.4 billion aid from the U.S. government with 9.5 billion from Canada government can not help General Motors avoid from breaking in 1/6/2009. The car consumption of Ford Corporation also decreased significantly, they had to close four plants in the U.S. and thousands of workers to leave work until now. The head of corporate manufacturing automotive components Continental (Germany) Karl-Thomas Neumann is predicted, the crisis in the automobile industry could take up to the next 5 years. This means that over 50 million people live based on the automobile industry will have to face unemployment in this period. 4. Ecological forces After the crisis, major technology trends that automobile production corporations want to aim at are comfortable, friendly environment with consumption of fuel savings cars. In present, Hybrid vehicles with fuel economy of fuel consumption at 35 km per liter gasoline are taken into consideration and eventually moving to the car model that does not use fuel as crude oil is development direction of the automobile industry in the near future. Besides, Pollution Prevention Project will be carried out regularly with the hope of finding innovative ways to keep our environment healthier and cleaner. 5. Political and legal forces Since the 1960s, the U.S. government has issued regulations that affect the production and consumption of cars in this country. Accordingly, almost all of the provisions are about environmental related problems and the safety of the drivers as well as passengers. The first National Traffic and Motor Vehicle Safety Act that forced manufacturers to improve the safety for the passengers, the driver visibility, and the braking of the car were approved in 1966. After that, there was also growing concern for the environment, many Acts were introduced in order to set standards for automobile pollution and decrease in automobile emission such as The Vehicle Air Pollution and Control Act, Clean Air Act. Then, after the oil crisis in the 1970s, The Energy Policy and Conservation Act stated that all automobiles must meet a certain mileage per gallon to ensure that the amount of energy could be saved as much as possible. III. THE COMPETITIVE ENVIRONMENT In todays fierce competitive environment, the firms need to achieve competitive advantages for competing, existing and growing. Accordingly, the firms must recognize the environment that powerfully influences the firms. In American automobile industry, the automobile manufacturers have realized the environments influence to automotive industry. At the same time, they must look at the main sources of competitive forces and how high or low competitive force is. As stated by Wheelen and Hunger (2008, p. 83) about the six sources of competition in Porters Five Forces model. This framework is used to identify the opportunities and threats for entering in to a particular industry. It is featured as follow: Rivalry amongst existing firms in the industry The American automobile industry includes three major manufacturers, General Motors, Fords, and Daimler Chrysler. On the other hand, it has also two Japanese biggest competitors, Honda and Toyota. Now we will discuss about how strong each competitive force is and which they affect on the attractiveness of the American automotive industry. 1. The threat of new entrants-Barriers to entry New entrants can threaten the market share of existing competitors. One reason new entrants pose such a threat is that they bring additional production capacity, reducing the attractiveness. (Hitt, Ireland and Hoskinsson, 2008). The threat of new entrants is low in the American automobile industry because of some main reasons. First, the American automobile industry now is mature and it has attained economies of scale. Although Honda and Toyota have invested heavily in America to produce cars, now the crisis in the auto industry and the slow sluggish state of the global economy lead to small demand; therefore, new entrants are not interested to enter this sector. Besides, this heavy industry requires a significant amount of capital for producing automobiles as well as research and development new designs. It also demands modern technologies, management and marketing skills. Besides, establishing the intermediaries for distributing the products is not the simply problem in America. The firms must look for the dealership to sell their automobiles. These entry barriers are substantial that make it difficult for new automakers. Accordingly, it is not easy for any new entrants to enter the American automobile industry. 2. Bargaining power of suppliers According to Hill and Jones (2008), the bargaining power of suppliers is the suppliers ability to raise input prices or the costs of the industry by providing poor quality inputs or poor services. In the automobile industry, the bargaining power of suppliers is low. The auto manufactures need several components from suppliers. Moreover, there are many suppliers in this sector. We can see that suppliers in the U.S automobile industry have little power. Therefore, the auto manufacturers have many options for bargaining prices and deliveries. If suppliers do not meet some main qualifications such as quality and delivery, the auto manufacturers can switch to other suppliers. Besides, the automakers can have many opportunities to force down input price as well as demand higher quality inputs. 3. Bargaining power of buyers Wheelen and Hunger (2008) mentioned that buyers could have an effect on an industry through their ability to force down price, bargain for high quality or more services. Thus, powerful buyers should be viewed as a threat of the industry. The bargaining power of the buyers in the American automobile industry is high. Nowadays, customers easily get information and have many options in choosing brands and models of cars between auto suppliers. Some of qualifications that they based on in choosing cars are quality, price, appearance, efficient, and so on. Because of the variety of lifestyle, customers purchase the cars in different ways. Besides, the switching costs are low in automobile industry. As a result, the buyers can play off the supplying company against each other to force down price. Whats more, a buyer has the potential to integrate backward by producing the product itself as a bargaining tool. Ford and General Motor have used the threat of manufacturing a component themselves instead of buying it from suppliers. 4. The threat of substitute products Hitt, Ireland and Hoskinsson (2008) pointed out that substitute products are goods or services from outside a given industry that perform similar or the same functions as a products that the industry produce. The threat of substitute products in U.S automobile industry is medium. Although people can travel by several public transportation means such as subways, trains, buses, the need of automobiles is inevitable in todays modern life. Traveling by automobiles bring conveniences and dependences for people whenever and wherever they want to go. Moreover, in using subways, trains, buses, the switching costs are high in considering of time, money and convenience. The cost of fuel consumption, the maintenance costs, the annual insurance fee, and so on in using automobiles may be higher than traveling by public transportation means. Thus, we can see that the threat of substitute products is depend on personal preference and it can be seen mild in automobile industry. 5. Rivalry among existing firms in the industry Rivalry refers to the competitive struggle between companies in an industry to gain market share from each other (Hill and Jones, 2008). Rivalry among competitors is extremely intense in the American automobile industry. There are few competitors in this sector and they are roughly equal in size. We can consider that American automobile industry is a consolidated industry because a small number of large automobile companies dominate this industry. They are General Motors, Fords, and Daimler Chrysler. In todays economic recession with slow market growth, each auto company watches each other carefully and fights to take market share from each other. They compete with each other by offering long-term warranties to customers. Besides, the rivalry among existing firms is high in this industry because of not much differentiation opportunities. General Motors, Fords, and Daimler Chrysler produce automobiles and sport utility vehicles. They evaluate about the price, quality, product design, and after-sales services and support of each other in competing to gain market share. Overall, the competition between American automakers can strengthen the attractiveness of automobile market as well as improve the product quality and after-sales services in automobile industry. 6. Relative power of other stakeholders The US government has low power over the automobile industry. General Motors, Fords have plants outside the United States, where U.S laws are not applicable. Forces driven by market demand are the only forces that significantly affect profit potential of auto industry. Accordingly, the relative power of other stakeholders ability to affect profit potential is low. After analyzing the Porters Five Forces model in the American automobile industry, we can see that the threat of new entrants is low through high entry barriers. The rivalry among existing firms is extremely intense because of few automakers in this sector. The overall impact from buyers bargaining power to the industrys attractiveness is high because customers have many options. Suppliers have limited bargaining power in this industry. The threat of substitute products is moderate and the relative power of other stakeholders is low. IV. MAPPING OF THE KEY STRATEGIC GROUPS AND ANALYSIS OF THE COMPETITORS According to Anthony Henry (2007) and Gregory, Lumpkin Marilyn (2002), the purpose of strategic group mapping is help organization identify their directly competitors, recognize mobility barriers, indicate the direction in which their strategies are moving to determine industry competition and analyze trends in the general and competitive environment. Automotive industry is one of the most complicated industries in which the giant corporations own many brands and focus on many different market sectors. The price of the product in the automotive industry is not only depended the cost but also related to the brand image of the firm. Those are the reason why this report chose the brand image and product ranger as the two variances for the two dimensions. Base on two dimensions as mentioned above, five strategic groups are formed. These groups are mainly formed base on the difference of brand image. However, the criterion of product ranger is very useful when mentioning about the luxury and extreme luxury group. The first group includes firms that have the brand image as low class / low price (Hyundai, Kia, Tata†¦). However, this group is the second highest wide range of product cluster. All most of those firms are defender. The short-term strategy of the companies mostly is cost orientation. The strategy of these organizations is try to clear the image of the low class, low quality brand and endeavor to enter to the second group which is middle class brands. The way that Hyundai try to do is build a new image of a quality brand when they offer an extensive warranty (7 years, 100,000 miles) (Gregory at all, 2002) The second group is the most powerful cluster. They have the most wide range of product which cover all most of segment of the automotive market exclude S-segment (Appendix I car classification). Majority of them are analyzers type. Toyota is a typical example. They have a wide range of current traditional engine product, which can give it a stable fundamental for them to innovate in the other sector. On the other sector, Toyota innovate the new generation hybrid engine (Toyota Prius), which is the solution in the world of traditional energy shortage nowadays. In the future, as the competitors in the same strategic group, Honda and Ford are going to introduce the new generation hybrid cars to compete with Toyota. To reach to the higher class of customers, these firms that stick with the image of middle class car try not to introduce a new high-class line but create a new higher-class brand or purchase an existence higher-class brand. With this purpose, Toyota creates Lexus, Nissan owns Infiniti, Volkswagen has Audi, Bentley and Bugatty etc. The third group is the high-class cluster. The price is higher than the middle-class mainly because the brand image and the performance of engine. In this group, the ranger of product is narrower than the middle class group because of the focus on the higher income group. To reach the higher class of customer, those firms also implicate the same strategy with the second group, which create new brands or purchase new ones. For example, BMW owns Rolls Royce. The fourth and fifth group is the luxury and extremely luxury car. Those two groups differ between each other not only on the price but also on the target customer although they are seemed in the same position when we mention in the ranger of product. The fourth group mainly focuses on the sport car, which has the high speed and hi-end technology. The target customers are young successful businessperson and celebrities. On the other section, the target customers of fifth group are people have the high state in the society, successful executives and of very rich. Because of the difference in the target customer and brand history image, the barrier of motivation is very high between those two groups. The group that this report focus on is the middle class which is the most profitable and innovative group in the automotive industry FORD Henry Ford in June 16, 1903 founded Ford Motors Company, which would go on to become one of the most profitable and largest companies in the world. As known one of the largest family-controlled companies, Ford family has been continuous controlling this company for over 100 years. The company locates the head-quarter in Dearborn, Michigan, United States. Ford is currently the fourth-largest automaker in the world and the third in US based on number of vehicle sold annually which records 1,602,011 in the U.S. market and 5,407,000 in the global market. In 2008, Ford employed about 213,000 employees at around 90 plants and facilities worldwide. STRENGTHS WEAKNESSES Well-known brand and history Product diversification Offering hybrid and environmental friendly cars Good marketing plan: Bold Moves Sponsoring and financing for big event. Product has a good review: quality, reliability, moderate price. Firestone tire recalls. CEO Jacques Nasser and Chairman Bill Ford Jr. cannot get along. Their overseas allocation and outsourcing creates fewer jobs in America. Their products are getting lower quality due to use cheap ways to make them. HONDA Soichiro Honda found the Honda Technical Research Institute in Hamamatsu in October 1946, to develop and produce small 2-cycle motorbike engines. Two years later, Honda Motor Company, Ltd. was born, and in 1959, Honda opened its first storefront in Los Angeles with six industrious employees. Today, Honda employs nearly 27,000 people in all 50 states. STRENGTHS WEAKNESSES Good brand in producing high quality products from cars to motorcycles to lawn mowers. One of the largest manufacturers of motorcycles in the world Awards for initial quality and customer satisfaction Pioneer in engineering low emissions internal combustion and hybrid technology. Higher price for non-luxury vehicles. Non-attractive in truck product. High technology cost cause over-price for consumer. MITSUBISHI MOTOR Basically, Mitsubishi Motors is one member of Mitsubishi group was found on April 22, 1970, and was based on the successful introduction of the first Galant. Until now, MMC has 33,202 employees and 12,761 non-consolidated employees, as of March 2008. The Mitsubishi brand was introduced to the American market for the first time in 1971. Until now, they employ about 18,500 employees across United States. Nearly two-thirds of the Mitsubishi vehicles are sold in the U.S; particularly this number is 58,963 in the end of 2008. STRENGTHS WEAKNESSES 4th largest automaker in Japan Restructuring Recovery plan. Strong brand awareness. Member of Mitsubishi Group. Poor model awareness. Loss of RD engineers. Weak uncertain leadership. Eclipse brand strongly associated with Female buyers. History of product recalls TOYOTA Toyota Motors Corporation was established on 28 August 1937 as independent company, headquarter is being located in Toyota city, Japan. The founder of Toyota was Kiichiro Toyoda. Nowadays, Toyota is basing 26 factories to produce vehicles, and marketing distribution in more than 170 countries in the world. In 2008, Toyota passed General Motors to become the No1 automaker in USA and the worlds largest automaker in global sales for the first time in history. STRENGTHS WEAKNESSES Well-trained employees. Strong leadership. Global organization, with a strong international position in 170 countries worldwide. High financial strength. Strong brand image based on quality, environmental friendly (greener), customized range. The largest automaker. Well culture-friendly, family†¦ encourages employees. Product diversification, developing the hybrid- motor product ranges. Japanese car manufacturer seen as a foreign importer. Quality issues due to rge-scale re-call made in 2005. Most products targeted to the US and Japan only shifting attention to the Chinese market. VOLKSWAGEN Founded by Ferdinand Porsche on May 28, 1937 as â€Å"Grsellschaft zur Vorbereitung des Deutschen Volkswagens mbH† and renamed as â€Å"Volkswagenwerk GmbH† in 1938, from a small car company, nowadays Volkswagen becomes the largest automobile maker in the world by vehicle production (Autocar, 2009) STRENGTHS WEAKNESSES Aggressive and talent leadership High financial strength. The largest automaker. High reputation German quality engine Cost-control with the purchasing list Non-stop requirement for the new project Special production testing process (manager attend the test drives) Lower position than Toyota and Honda in the market share Bad public image because of GM sue Not good relationship with their investors V. THE COMMENTATION VI. CONCLUSION Automobile industry is one of the most important industries contributed the U.S. worldwide dominated position. However, this industry now is facing the worst crisis of the car industry in the past decades. The most urgent task is recovering this crisis. Moreover, finding out the new developed trend is the main strategic for whole the industry.