Law school essay
Monday, August 24, 2020
The Audobon Zoo Essay Example for Free
The Audobon Zoo Essay THE AUDUBON ZOO, 1993 The Audubon Zoo is situated in New Orleans, Louisiana and is a 501(3)(c) non-benefit association. In 1914 the Audubon Commission was made to keep up and create Audubon Park. In 1919 the Audubon Institute was built up as the parent organization. Throughout the following quite a few years numerous progressions would happen including the expansion of a monkey confine, warm blooded animal pen and a deer enclosure. Louisiana younger students bought the principal elephant in 1924 and presently an aquarium and ocean lion pool was included. Through the Great Depression of the 1930s and 1940s the zoo was scarcely ready to keep its entryways openand during the 1950s it was marked a creature ââ¬Å"ghettoâ⬠by the media. In 1970 the U. S. Compassionate Society demanded the zoo be brought to industry norms. In the mid 1970s the Commission worked intimately with Mr. Ron Forman, City Hall Liaison for Audubon Park, to pass a unique choice that created near $2 million in bonds. These assets were the start of the Zooââ¬â¢s reclamation venture that empowered it to extend from 19 sections of land to more than 55 sections of land. Volunteers at the Zoo officially got known as Friends of the Zoo. By the 1980s the Zoohad got accreditation from the American Zoo and Aquarium Association and was noted as one of the nationââ¬â¢s top of the line zoological parks. What's more, in 1989, Friends of the Zoo got known as Audubon Nature Institute where it remains today. Today, the zoo consolidates examine research facilities with sections of land of immaculate common natural surroundings where uncommon and jeopardized creatures wander and replicate (ANI, 2009). The Audubon Nature Instituteââ¬â¢s mission to servesone reason: Celebrating the Wonders of Nature. Its offices carry on this strategic the Audubon Park, Audubon Zoo, Woldenberg Riverfront Park, Audubon Aquarium of the Americas, Freeport-McMoRan Audubon Species Survival Center, Entergy IMAX Theater, Audubon Louisiana Nature Center, Audubon Center for Research of Endangered Species, Audubon Wilderness Park, Audubon Insectarium and Audubon Nature Institute Foundation. Extra open doors for the Zoo remember mechanical advances for creature reproducing and new intuitive PC programs that permit guests to get instructed about the creatures history, condition, unique qualities, taking care of and start. Instructive projects for the two kids and grown-ups are offered through guest programs, school field trips, outreach programs, and educatorââ¬â¢s assets. An undeniable danger to the Zoo is the eccentrics of Mother Nature. New Orleans is situated on the Gulf of Mexico and tropical storms cause a danger to beach front regions throughout the late spring and fall seasons. Voyagers and inhabitants will be stopped from visiting the Zoo during severe climate and will negatively affect confirmations income for an unsure measure of time. A SWOT investigation is basic in assessing the market capability of the Zoo. In regions of solidarity; new attractions will draw rehash clients and with the instructive exercises offered all year there is a boundless gracefully of ââ¬Å"newâ⬠younger students as they develop and build up their enthusiasm for their general surroundings. The restoration place for harmed creatures is a most loved of people in general and ought to be promoted as needs be. What's more, the Zooââ¬â¢s Center for Research of Endangered Species has been perceived as ââ¬Å"top notchâ⬠and as such likewise holds extensive incentive in promoting. The one significant shortcoming of the Zoo is its total need to rely upon gifts from a liberal open. Sadly, not all subsidizes that are pledgedare really gotten by the Zoo and this makes difficulties in planning from quarter-to-quarter and year-to-year. In a poor economy when the general population are compelled to stress over fundamental endurance needsdonations will pointedly decay. While the Zoo appreciates an overwhelming flexibly of volunteers, which makes a positive picture to the network, they can't be held to indistinguishable measures from paid workers. Volunteers are increasingly adept to travel every which way as they will and this leaves the Zoo helpless before over worked, understaffed representatives. A money related investigation of the Zoo uncovers that it has done well overall and that toward the finish of 1982 it was for all intents and purposes independent. Improved effectiveness in the zone of activities was the initial move towards this turnaround. The Zoo is entering a development stage and should search for chances to lessen its work costs, non-esteem included projects and offices, authoritative supplies and costs related with day by day overhead. Media presentation can be exceptionally costly and as a non-benefit element the Zoo should exploit however much free introduction as could reasonably be expected. Official statements about new acquisitions, projects, creatures, and the recovery community ought to be sent to the media on a proceeding with premise. News stories with data about the various creatures and the grounds they start from could turn into a standard travel control highlight of the neighborhood print media. Holding uncommon occasions for a focused on section of people in general could draw extra income; unrecorded music on the green or in the recreation center, Sunday evening Jazz Concert, or birthday celebrations with the extraordinary childââ¬â¢s most loved creature as the thememay animate development in income. Another thought is consider a ââ¬Å"adopt-an-animalâ⬠program. Neighborhood schools, organizations or people could consent to ââ¬Å"adoptâ⬠a creature and offer money related help through gathering pledges or in-kind gifts. Offering a yearly go for occupants at a limited rate may appear to be conflicting to expanded income in any case, if the network felt that they could visit the Zoo whenever without paying an extra charge they might be increasingly adept to spend optional dollars on caps, tee-shirts, sweat-shirts or different frill, snack bar things and motivation purchasing of keepsakes. Key factors in bringing an effective turnaround of the Zoo starts with the first obligation of $2 million and the aggregate of a $5. 6 million improvement program that was made by the Audubon Park Commission. These assets allowed extension of the Zoo to its present 48 sections of land permitting the zone to be isolated into geographic areas that included the separation of the creatures. Next was the usage of affirmation charges to produce income and help off-set the couple of gifts the Zoo got. The production of the gathering Friends of the Zoo, which oversaw rules for the numerous subjects and projects accessible additionally offered the edZOOcators conductededucational programs. The execution of raising money through new and fascinating occasions lastly, the nonstop development of projects and refreshing of different projects assisted with making the Zooââ¬â¢s achievement.
Saturday, August 22, 2020
Role of Media and Its Effects on Youth Essay Example for Free
Job of Media and Its Effects on Youth Essay Our life will stay inadequate without the media. The radio, TV, paper and web are a few structures through which we get data. Much the same as different fields, a tremendous advancement is found in media fields moreover. The everyday citizens accept the news given by the media. Along these lines, the media ought to be exceptionally cautious before giving any news to people in general. They need to cover significant happenings, in all the fields, the world over. There is no utilization in making enthusiastic sentiments among open by overstating the happenings and giving electrifying news. The media people ought to be careful in giving fair news to the basic people. AS EVERY COIN HAS TWO SIDE THATS WHY MEDIA HAS BOTH ADVANTAGE AND DISADVANTAGE.THE FAIR PART IS IT MAKES THE BIG UNKNOWN WORLD TOO SMALL AND THE BAD SIDE OF IT IS THAT TEENS ARE GETTING CRIMNAL DAY BY DAY BY SEEING THE NEWS OF CRIMES WHICH WE HEAR DAY TO DAY Drawbacks OF MEDIA: à ·The media badly affects everybody, not simply youngsters, the media never represnets anything in truth, it speaks to occasions in way that will acquire them cash, regardless of whether you are impacted contrarily isn't critical to them. à ·Children could believe that they are superheroes and bounce from tall structure in this way making a danger for their life. à · They may turn out to be increasingly forceful and inconsiderate in nature. There wellbeing might be ruined because of viewing over the top TV. They may amass less in there contemplates. à · Its over the top use may diminish there memory maintenance power. à ·The media covers updates on open intrigue, for example, political happenings, sports, city news, national news, global news, business, instruction, amusement, writing and clinical news. à · The news ought to fulfill all men, ladies and offspring of different age-gathering and status. To build course of papers, the media individuals ought not distribute counterfeit news. à ·The design shows, move and music programs draw in youths without a doubt. They like to go through cash for make up, attire and gems because of models and entertainers. à ·The youths wish to participate in these projects, which are unsatisfactory for some people. à ·The moderately aged people are condescending with TV serials and show a lot of enthusiasm for raising societal position, by squandering cash. Focal points OF MEDIA: â⬠¢ The basic man gets the most recent news inside a small amount of seconds. The separation isn't at all an obstruction now. The news they get past media help them in their day by day life a great deal. â⬠¢ The media causes ordinary citizens to trade data and it goes about as a typical stage. People in general get information and wakeful to bring up issues, on observing the news in paper and TV. â⬠¢ The media assists with drawing out the shrouded abilities of the individuals. The kids learn numerous beneficial things through media. â⬠¢ By understanding paper, the youngsters learn numerous things, their perusing propensity increments and their jargon improves by learning new words. Their insight increments by watching land channel, test projects and talks by popular characters of various fields. â⬠¢ The animation channels fulfill the youngsters. â⬠¢ The games increment their coherent reasoning force and getting a handle on of things. The disposition, approach and conduct of the average folks will likewise change, when presented to media. â⬠¢ The media gathers information and let open to participate in social issues. Through blogging in the web and composing letters to the editorial manager in papers, numerous individuals offer voice about their input in various political and social issues. End: The media has brought the individuals everywhere throughout the world closer. We need to take the positive viewpoints and use it for good reason. The media and open should assist with heading out the negative impacts of the media.
Looking at Corporate Governance in TESCO Plc
Taking a gander at Corporate Governance in TESCO Plc Corporate administration essentially is a sort of idea that has been portrayed with a huge number of definitions due to its relations to monetary places of the companies.The most fundamental ones that can be conceptualized are as Corporate administration is a framework that controls proficiency in the executives of business organizations including of specific codes of practice,contracts and enactments. Corporate Governance are the strategies, systems and rules administering the connections between the investors, (partners), executives and the board of an organization, as characterized by the pertinent laws, the corporate contract, the companys ordinances, and formal approaches. ZAWAIDEH, M. (2003).Definition of Corporate Governance [WEBSITE].AVAILABLE FROM: https://www.xing.com/net/balancedscorecard/2-bits of knowledge 4642/definition-corporate-administration 1813244/ [ACCESSED:8 NOV 2009]. Corporate Governance in TESCO Plc. Corporate administration of an organization including with high characterized qualities and plans i.e proficient release of board obligations towards the enthusiasm of investors can create great performance.if the fundamental standards or codes of training of corporate administration isn't followed may prompt decay in the monetary and money related execution of an organization. Corporate administration under Combined code in TESCO plc. can be summed up by partitioning into sub-classifications. Successful board Director and official having their own duties Parity and Independence of executives Arrangements of chiefs Boards of trustees Designation advisory group Review Committee Renumeration Committee Board execution assessment Hazard the executives and Internal Controls Powerful leading body of any organization frames the spine towards great execution and security of organization. Predictable development and achievement of Tesco plc. during ongoing years shows that organization has possibly qualified and profoundly experienced leading group of directors.Moreover bringing thought into Tesco plc. yearly report it is likewise obviously noticeable that directorate know about objectives and destinations related with the organization. Northcote Internet Pvt Ltd(NO DATE).Tesco Plc. [WEBSITE].AVAILABLE FROM. http://www.northcote.co.uk/company_links/by_sector.asp?SIT=1SID=12SDL=NI02770. [ACCESSED:9 nov 2009]. Administrator and CEO structure as two primary mainstays of the organization. Fundamental exercises important in smooth advancement of the organization relies upon the shoulders of administrator and CEOs. Organization having, administrator and CEOs, conveyed obligations and accountabilities fall under arrangements of good administration. Considering Tesco plc. set of obligations and obligations for chairman(Sir David Reid) and CEO officer(Sir Terry Leahy) are all around dispersed along these lines dodging any method of choices to be taken by a solitary person.The shareprice of the organization is additionally keeping up great consistency ,due to dependable relations among investors and administrator. Morningstar (NO DATE) Tesco Impresses with First Half Results (Management and stewardship). [WEBSITE].AVAILABLE FROM: http://www.morningstar.co.uk/uk/news/article.aspx?lang=en-GBarticleid=82979categoryid=660 [ACCESSED:9 NOV 2009]. Harmony between the executives in the board is one key point in keeping up the strength and money related advancement of the organization. on the off chance that the harmony between the top managerial staff in an organization is absent, the organization can't prosper consistently. Bringing thought into tesco plc,the organization has 15 individuals in the board where eight are official chiefs and seven are non-official executives. As per joined code atleast half of the board ought to be contained executives that are autonomous and there ought to be balance, though if there should be an occurrence of Tesco plc balance between top managerial staff isn't attained,this likewise brings up the issue of freedom among the chiefs. Arrangement of board for an organization is another fundamental stride that must be followed all the time so as to keep up the standard of required abilities and experience. By and large the political race in an organization is held every year, which is the most ideal method of rehearsing and conforming to consolidated code. As per Tesco plc the appointment of board is held each three years,which isn't all around directed. Morningstar (NO DATE) Tesco Impresses with First Half Results (Management and stewardship). [WEBSITE].AVAILABLE FROM: http://www.morningstar.co.uk/uk/news/article.aspx?lang=en-GBarticleid=82979categoryid=660 [ACCESSED:10 NOV 2009]. The Committee structure gives organization to act in parts and give out joined outcomes by focusing on key areas.cosidering Tesco plc. ,it is separated into three significant boards of trustees to be specific Designations Committee Remumeration Committee Review Committee Designation board of trustees The Committees intention is to form the methodology of TESCO to worries of corporate administration and, every now and then, to survey such approach and make proposals to the Board of TESCO in regard of such issues. Also, the Committee will exhort the Board on corporate administration and related matters.the council is led by David Reid.as it tends to be percieved re-appointment in tesco happens to be each multi year so assignment process should be improved ,might be it very well may be diminished to one year process which can investigate new gifts and encounters Review board of trustees The Committees reason for existing is to speak to and help the Board of Directors with oversight of the honesty of TESCOs bookkeeping and budgetary detailing forms (counting related inside controls) and the reviews of the fiscal summaries of TESCO. The executives is liable for the TESCOs bookkeeping and monetary detailing forms. The outside evaluators are answerable for the review inside acknowledged inspecting guidelines of TESCOs bookkeeping and detailing procedure and revealing the consequences of that review to the Committee. Tesco Corporation(2008).Audit panel sanction. [WEBSITE].AVAILABLE FROM: http://www.tescocorp.com/information/1/rec_docs/523_Tesco%20Audit%20Committee%20Charter%2007-05-18.pdf [ACCESSED ON:11 nov 2009] Compensation Committee Compensation advisory group is essentially intended for compensation of directors,employees or staff in an appropriate and proficient way.In an announcement, Tesco stated: Remuneration for the principle board mirrors the exceptionally serious condition in retail and the need to select and hold the best people.An autonomous compensation panel supports rewards, connecting them to testing long haul execution targets. In the event that these objectives are not met, the prizes reduce. Breakingnews.ie(2003).Tesco boss gets 15% compensation and advantages help. [WEBSITE].AVAILABLE FROM: http://www.breakingnews.ie/documents/2003/0511/business/snidojeykf/[ACCESSED ON:11 NOV 2009]
Friday, August 21, 2020
Atelophobia: fear of imperfection Essay
Atelo implies not being sufficient and phobo implies dread. Atelophobia: dread of blemish. While an extraordinary number of us plan to be sticklers, a few of us take it excessively far. This could prompt over the top urgent issue, which is meaning of individual making their life great. On the off chance that they couldnââ¬â¢t accomplish the most perfectly awesome, it might make them stress. Be that as it may, individuals who have a kind of conduct that solitary attracts frustration and traded off social relationship are known to have Atelophobia. Individuals with this issue mean to make everything as perfect as could be expected under the circumstances. Atelophobia regularly ruins companionships and relationship, and can frequently cause clashes between families; they dread that they wonââ¬â¢t be sufficient for them. They normally set themselves elevated expectations that are difficult to accomplish. These individuals who have this dread are for the most part stressed over disillusioning others. Casualties of Atelophobia can build up this dread by a few reasons; media is one reason. Targets typically admire big names. They see photograph shopped pictures of them and need to be like them. Among 7ââ¬13th school years, 47% said they needed to shed pounds in view of magazine pictures. It could be founded on looks, weight, ability and so on. It could lead the general public to think itââ¬â¢s ordinary. On the off chance that everybody had comparative contemplations, at that point, individuals who don't reach to societyââ¬â¢s measures would be named as ââ¬Ëdifferentââ¬â¢. A dread of being one of a kind or different to other people; Unusophobia. Atelophobia casualties could likewise build up this issue attributable to this reality that they needed to fit in the ââ¬Ëcrowdââ¬â¢. In conclusion, Atelophobia couldââ¬â¢ve been created by tormenting. Harassing could include their family or companions. Their youth could have an encounter of individuals posting cruelly of their deficiencies and shortcomings. They could have guardians who were too requesting or set unreasonable desires they would never meet. As an understudy, itââ¬â¢s almost certain to encounter tormenting than adults;â statistics demonstrates it. Itââ¬â¢s the same for Celebrity, Demi Lovato. At age four, she would investigate reflect at herself thinking, ââ¬Å"I was fatâ⬠(MTV). The star likewise clarified how her sentiments of low self-esteem lead to her shedding a colossal measure of weight at the time of only twelve years of age yet it didn't improve her vibe. She expressed a gathering of young ladies originally began to insult her how she never has straight hair simply like the others and it had in the end driven on to her different shortcomings. She had then got taken into recovery after her mom discovering she self-hurt herself.
Sunday, July 26, 2020
Should I Perform Primary or Secondary Market Research
Should I Perform Primary or Secondary Market Research © Shutterstock.com | Rawpixel.comAfter exploring in details the topics of primary and secondary market research techniques, this article focuses on the comparison of both types of market research. We will first gain 1) an insight into primary and secondary market research, and explore then the benefits and disadvantages of both types of research when choosing to perform 2) primary or secondary market research.AN INSIGHT INTO PRIMARY AND SECONDARY MARKET RESEARCHPrimary ResearchPrimary market research is one of the two major market research methods used by most businesses across the world. Primary research is the research that a business does on its own, without the help of any previously collected data or information. The data collected in primary research is being collected for the first time and is specific to the businessâs purpose or objective. This is why the information gathered can be referred to as âraw dataâ. Primary market research can be done through many methods of which some include focus groups, face to face interviews, telephone interviews, surveys, questionnaires and observational techniques, etc.One of the main benefits of conducting this kind of research is that it helps to gather only the data needed and no extra information. This can be time taking and cost bearing but avoids the need to cut back on several pieces of useless information. Primary market research is of two major types: quantitative and qualitative. Quantitative research focusses more on hard facts, stats and figures whereas qualitative research takes into account the feedback, opinions and emotions of the consumers.Examples of primary researchExit Surveys Exit surveys are those kinds of surveys which customers are requested to answer before leaving the store or the website and help to gather views on products, services, etc.On-site fieldwork This kind of research is related to gathering information about a particular location for the business, its access to consumers , its popularity, and other such factors. Based on the results, a business decides which location will serve best for its store or functioning.Interviews Face-to-face interviews or telephone interviews help to gather information about the customerâs satisfaction levels, preferences, dislikes, and expectations.Focus groups Groups of 8-20 people are brought together, and a researcher is asked to conduct group discussions to fathom opinions regarding products and services. In such a method, direct feedback from core customers can be collected efficiently.Secondary researchSecondary market research is a kind of a market research method that involves gathering already researched and collected information. This technique tries to search for and compile information that is already existing and can either be for free or for certain cost. This method of research does not include finding any original or unique data and relies on information obtained through the internet, libraries, govern ment sources, trade associations, existing business documents, competitorâs data, etc.While it may be very time-saving and cost saving to find information through secondary research, the amount of data gathered may not match the businessâs requirements or may not be specific to its needs. Secondary research is however still preferred and widely used across industries and businesses. This method is also termed as âdesk researchâ since it can easily be done from behind a desk, and one doesnât need to step out for it. Most of the times, secondary research is for free and hence very popular.Secondary market research can be used to gain an early understanding of the industry or the market. But proper interpretation is needed to understand and evaluate the data collected.Examples of secondary researchData on internet One of the most preferred and popular sources for collecting secondary data is the internet. The web provides a lot of information which can be used by businesses to meet their research requirements. However, only credible sources and trusted websites must be referred to and used.Government data One can also make use of data recorded and filed by government organizations for their secondary market research. Some data that can be availed through this method includes economic factors, industry trends, company rankings, etc.Data on customer databases and demographics A lot of data is available on customer databases such as stock lists, etc. and this information can prove very valuable for businesses that need to study customer trends, behavior, names, addresses, etc.Information through libraries, etc. Libraries can be a great source for a lot of business related information, marketing tactics, promotional methods, etc.PRIMARY OR SECONDARY MARKET RESEARCH?In order to compare which type of market research would fit your business purposes better, we listed the benefits and disadvantages of Primary and Secondary market research below.Benefits of PRIMARY Market ResearchSpecific data can be found: One of the most important benefits of primary market research is that it can help find information that is customized according to the needs of the business and is highly specific in nature. The research helps to investigate issues that the business may need to know the most about and is flexible enough to leave out unwanted or useless information. It helps to gauge customer behavior, the consumer likes/dislikes, their expectations and market trends in a specific way. Methods like focus groups, surveys, and interviews, etc. help to gain knowledge that can be directly used for product development, etc.Customized to personal needs: Unlike secondary market research, the approaches used in primary market research methods can be tailored according to the personal requirements and needs of the business. One has total control over the manner of conducting the research and finding solutions. For example, if a business needs to find out cust omer behavior in a particular age group, it can do so by conducting surveys for that particular age group.Targeted issues can be addressed: Only those issues which the business is most interested in addressing can be touched through the method of primary market research. No extra information needs to be collected or goes to waste through this method. The research work is streamlined in such a way that its scope is limited to the businessâs interest. The efforts can thus be concentrated on specific matters and not a whole array of other areas. This is another very important benefit of using the method of primary market research as a part of a businessâs research efforts.Ownership of information: Another important advantage of primary market research is that by using this method of gathering information, a business can claim to own exclusive rights over collected data. This means that no one else but that business can use the information, and it may choose to offer it or not offer it to anyone else. The proprietary of information or ownership of information can bring about further benefits for the business.Better data examination: When it comes to primary market research, the data collected or information gathered can be better interpreted or evaluated by the business. The data can be examined based on the needs, and this doesnât have to depend upon the interpretation of the secondary data, which is complex and time taking. This means that in primary research, the time taken to evaluate data is less, and the process is more efficient.Efficient spending: In the case of primary market research, a business spends only on what is required and doesnât end up wasting money on data that may be useless or irrelevant. This means that a business can spend smartly and efficiently when it chooses to conduct primary market research. This helps to remain within budget and save on the overall costs.Disadvantages of PRIMARY Market ResearchExpensive to conduct: One of th e main disadvantages of opting for primary market research is that it can be very expensive to conduct. One may be required to spend or invest huge amounts of money to conduct interviews, surveys, organize focus groups and experiments and trials. Not all businesses can afford to opt for these methods, especially startups or small scale organizations. They may rather opt for secondary methods such as researching for free on the internet, etc.Time taking: Another negative associated with the process of primary market research is that it can be very time-consuming. Conducting interviews, market surveys, and experiments, etc. may take a long time. Moreover, evaluating the results and applying the obtained results on product development, etc. may take further time. Those businesses that do not have the required time may rather opt for less time taking alternatives like using secondary sources, etc.Feedbacks may not always be accurate: The feedbacks obtained from audiences and respondents may not always be honest and accurate. Not all respondents may be totally true or honest in giving their opinions and feedback. Some may not state what they feel accurate and this could mean evaluation of incomplete or wrong information. Thus, the entire process of primary market research may topple over or lead to slightly incorrect findings.Several sources needed: In order to come up with results or final reports, the help or assistance of many different sources may be needed. One may need to rely on several different methods including focus groups, face to face interviews, online surveys, physical surveys and observational tactics, etc. This may be even more time-consuming and expensive. This thus proves as another negatively related to primary market research.Benefits of SECONDARY Market ResearchEasy availability of information: One of the main advantages or benefits of secondary market research is that all the information gathered through it is very easily available and access ible. There are many sources from which information can be taken, and this makes it easy for researchers to gather relevant information. Unlike primary research, in this method, one tends to collect huge amounts of information in lesser amount of time.Less expensive: As compared to primary market research, secondary market research is cheaper to conduct and hence helps saves a lot of money. It allows businesses to remain within their budget limits and requires spending of the petty amount of money. In fact, most of the information can be found for free through secondary data sources like the web, public directories, governmental organizations, and libraries. This very benefit makes it a popular choice among small or new businesses and organizations.Lots of available data: Besides the easy and cheap availability of information, secondary market research also offers the benefit of availability to lots of data. There is a gamut of data available for each business, company and industry and several objectives can be fulfilled by making use of such information. The abundance of secondary data sources is responsible for this in addition to the fact that most information these days is stored on web search platforms like Google, Yahoo or Bing, etc.May highlight truths about conducting primary research: Most of the times, the people who contribute data to secondary market research may point out to the original sources, the time it took to collect the information, the difficulties and challenges faced while gathering data and other information relevant to it. This may help secondary researchers to know whether or not it was practical to conduct primary research in the first place. This very fact makes secondary market research a beneficial process. It highlights the truths about primary research.Answers research questions: Secondary data research or market research is a method that helps to bring together or align the concentration of widespread primary research. When co nducting this form of research work, businesses or researchers often realize that the information they were looking for is actually present for free and this may reduce the need for conducting primary or original research work from scratch.Lots of free information available: Often, businesses can conduct secondary market research without spending even a single penny. This is because of the availability of high amounts of free data. For some organizations, the entire research can be conducted using this free information, and this would mean zero expenses on market research.Quicker to conduct: Since most of the data is available easily and can be accessed without many efforts, the process of secondary market research is much easier and convenient to conduct as compared to primary market research. This type of research can be done within days or weeks, depending upon the objectives of the business or the scale of information needed.Disadvantages of SECONDARY Market ResearchDifficult to cut back on useful information/not specific: One of the main drawbacks of secondary market research is the difficulty in selecting some pieces of useful information from the sea of data collected. Since lots of data is available but specifically needed data is less, businesses may have to spend a lot of time and energy in picking out information that is relevant to it. In fact, they may sometimes realize that they havenât found what they were exactly looking for due to variations in customer demographics, location, and other factors.Lots of non-credible sources create difficulty/lack of quality research: Of course, there is a lot of secondary data available out there, but not all is offered through credible or trusted sources. Most of the data on the web cannot be trusted, and the same holds true for the information offered by directories, trade associations, etc. Thus secondary market research may not always be quality research as sometimes it is difficult to know which source i s credible and which is not.Incomplete information also available: Besides the lack of credible sources and quality data, most of the information available through secondary sources may be incomplete or lacking on some main points or statistics. As they say, incomplete information can be dangerous; using incomplete data results can also prove dangerous as far as market research goes. Especially when it comes to using competitor data or information on the web, several links can be broken, and the true picture may not be presented.May not be updated: Not all secondary data sources available offer the latest reports, data, and statistics. Some of the data may be outdated; other may just not be valid according to the current situations like economic climate, market trends, user demographics and other factors. This is a major drawback of using secondary sources for market research. Old and outdated data may lead to incorrect results or findings, and this very fact interferes with product development, service enhancement, and other business processes.CONCLUSIONWhen it comes to choosing primary or secondary market research, no one type of research comes out as a winner. Both the research methods have their positives and negatives, and the decision to choose one depends upon the individual business needs and requirements. Where on one hand, secondary market research presents data which you may never be able to uncover yourself, primary market research can help fill the gaps which secondary research wasnât able to answer. Neither of the research methods alone could help a business reach its objectives, and the wise thing to do is to pick smartly both options, in the right proportions.Relying on primary market research alone can lead to missed opportunities, incomplete information, and limited data, using secondary data alone may leave you with vague answers to specific questions. Both research works hold their importance and present beautiful opportunities for busine sses when combined well together. A successful business is one that has learned to utilize these processes together and in the right amounts. Thus, it wonât be wrong to say that no method is better than the other, and only the combination of both can give a well-rounded view of the market or the industry.
Sunday, June 28, 2020
Acquisition Between Coffee Shop and Securities Firm - 13750 Words
The Impact of Merger & Acquisition Between Coffee Shop and Securities Firm in Enhancing Competitive Advantage in Malaysia (Other (Not Listed) Sample) Content: MBA DISSERTATION MODULEPROJECT PROPOSAL- 20% of Final Dissertation Module MarkCandidate Name: ____________________Study Centre: _______________________ Enrolment Date: _____________________ Registration number: ________Project Title: The impact of merger acquisition between coffee shop and securities firm in enhancing Competitive Advantage in Malaysia. Hand in Date of Proposal: ______________Background of the StudyMalaysia like any other country embraces the importance of engaging in business. It is realistic that business ventures enhance community and social, cognitive and emotional experience and development, thus creating the need to explore the study subject. Research study on how coffee shop and securities firm could merge to connect the community in the quest to enhance effective provision of security services. It is imperative to state that the bond between place and people are molded into a whole. Product consumers do not intend to disclose security is sues to the respective firms that handle such matter; but when integrated with coffee shop business, and securities firm, consumers could integrate well based on social relations. However, interconnection between members of the community and coffee shop could be explicated as an enhancing fact in improving security within the market scope especially in the country, Malaysia. Integration between coffee shop business and security firm will address collapse and consequent revival among Malaysian communities. This will probably minimize the currently exhibited cases of disconnection especially between families, friends, neighbors and corresponding social structure. Moreover, when integrating coffee shop with securities firm, a number of themes would emerge in relation to people, their feelings, activities and prevailing unique social climate within coffee shop. This could enhance culture facets and sense of belonging, which are fundamental in productivity, personal growth, territorialit y, support and networking to ease work of securities firm. Moreover, both length of patronage and sense of attachment to community could be enhanced through joint venture between coffee shop business securities firm in Malaysia. Now, since the main company is coffee shop, which intends to make securities firm as a support industry, merger and acquisition between the two companies should underscore innovativeness in creating value. It is imperative to assert that both companies are service providers hence they target culture and consumer behavior as assurance of quality services to the community. However, it implies that, adoption of appropriate strategies should be considered to enhance their competitive advantage. Both companies should work towards gaining consumer loyalty. Problem StatementCoffee shop business and securities firm are two industries, which are capable of exhibiting rapid growth in the country. Malaysia as a country is characterized by increased adoption of coffee culture, likewise to integration of security firms to enhance safety and well-being of the people. Through information exchange, especially when taking coffee, many people would immensely gain interest to invest on security services hence creating links that benefit both companies. This is why research study targets in-depth understanding of how joining coffee shop business and securities firm could give competitive advantage in Malaysian markets.However, the study offers great insight on small and medium enterprises through exploring effective strategies in integrating small organization within major business. A process that could be used to explore four main questions as follows;What are impacts of merger between coffee shop and securities firm in Malaysia?What are the competitive advantages that could be encountered when two industries dealing with different services merge?Does amalgamation between coffee shop and securities firm exhibit both positive and negative effects in Mal aysia?Does integration between coffee shop and securities firm work better for emerging companies in the competitive industries in Malaysia?Significance of the StudyIn Malaysia, most of renowned companies/ organizations use respective brand names as competitive advantage over new and small industries. This has been happening despite low quality services provide to consumers. However, when exploring how joined Coffee shop business securities firm could be adopted as competitive advantage in Malaysia, it is pragmatic to derive strategies that could integrate mall business organizations. This would mainly greatly impact on productivity of small organizations to outweigh competitors. Thus averting the overreliance on lucrative brand names that confuse consumers who are optimistic of securing quality products and services to their satisfaction.However, scholars and researchers will also benefit from the study. This could be exemplified through knowledge expansion on how amalgamation bet ween small organizations could enhance competitive in satisfying both product and service consumers, and other corresponding areas with similar considerations in Malaysia and global markets. Moreover, the process will necessitate ability to explore more research within study area. Hence the study could act as helpful resource and sources of secondary data for literature review on how small organizations could take advantage of their competitors who adopt brand name as marketing strategy within service provision industry.Organization of the StudyIntroductory chapter is purposefully aimed at explaining the overall study structure. However, the chapter derived in-depth discussion of problem statement, research questions and study significance to enhance understanding of the whole dissertation. The next chapter will explore comparative literature for the study leading to methodology chapter which will as well, major on data collection and analysis. Moreover, chapter four will effectivel y report on study findings. This would be later on be prove the interrelation to literature review. The final chapter will entail discussion, recommendation and conclusions, which would be further mapped to literary information and study objectives. Moreover, it will culminate into suggestions for further study based on exhibited weaknesses of current research. References and appendices will come on the last pages of the study.LITERATURE REVIEW2.1 IntroductionThis section majorly draws on literature within research area; the impact of merger acquisition between coffee shop and securities firm could enhance competitive advantage in Malaysia. However, there is vast literary information materials like books, journals and articles with precious research study topic. The materials ore essential for the study since they act as basis for observation to be explicated during the study in line with impact of merger acquisition, based on study objectives. However, when considering the integr ation between coffee shop and securities firm, merger and acquisition plays great role in enhancing competitive advantage in Malaysia. In this respect, it is sensible to understand the meaning and application of the term merger and acquisition as explained below.2.2 Merger and AcquisitionsIn competitive business environment merger and acquisition has been affirmed to play positive role in organizations progress. From definition, merger and acquisition refers to combination of distinct forces by two or more firms that intend to operate as one (Kovacich Halibozek 2005). Moreover, according to business or economic perspective, merger and acquisition is regarded as voluntary combination of companies into one larger company (Cartwright Schoenberg, 2006). The process involves stock swap or cash payment to the target company. It implies that both companies merged have to share risks involved in the deal (Mitchell Mulherin 1996).In furtherance, Kovacich Halibozek (2005) exemplified acqu isition as a buyout or takeover. A process in which a purchase business combination involves company known as predator, or acquirer taking over targeted firm (Cartwright Schoenberg 2006). In the process, one company proposes purchase on another firm, when the proposed purchase is accepted then the acquired company becomes subject of the acquirers management (McLaunglin 2010). It there is not resistance and once the acquiring firm has identified all possible targets, there has to be an established suitable price or range of prices; after which the tentative payment terms, be it bonds, cash, shares or combination of all these (Cartwright Schoenberg 2006). Thereafter, the acquiring firms management would decide on the best way to approach Target Companys management for merger approval (Mitchell Mulherin 1996). After signing agreement terms, the management of two companies issue statement to their stakeholders with indication that merger is approved, thus shareholders would be obliga ted to surrender their shares to predetermined financial institution along with distinct assigned power of attorney (Cartwright Schoenberg 2006). Thus transferring share ownership to the acquiring firm. This implies that retarget firms shareholders gets specific payment on common stock of the acquiring company (Cartwright 2005). Moreover, it is somewhat difficult to decide for the shareholders, but the one who would like to be part of the merged company are allowed to become shareholders of the acquiring company (Mitchell Mulherin 1996). This is done through either cash, bonds or combination of both, and other securities. However, it enhance exploration of financial performance as illustrated below.2.2.1 Financial PerformanceAmong challenges that enhance the need for merger and acquisition is com...
Friday, May 22, 2020
Academic Paper vs. Article Writing Service Are The Requirements The Same
Everyday kind of information can be presented in written forms. It can be done using an academic paper or through article writing, also known as non-academic paper/writing. Majority of studies and researches are carried out using information from these forms of writing. Due to this, people take strides to learn the similarities and differences. In this write-up, the difference and similarities between an academic paper and article writing service will be discussed. The Differences Evidence-Based The reason behind academic papers is not unconnected from educating the reader by providing the information backed up with facts. An academic paper can cover a particular subject proposing a theory and show how this theory can be proven with enough evidence e.g. scientific data. Article writing is done to provide entertainment which contains information that is biased as they are supported by little or no facts. It is mainly born out of the writers point of view and can be full of sentiments. It is often done by inexperienced writers with money-backed intentions to entertain and persuade the reader. Formal vs. Informal In academic papers, the form of writing is usually formal and professional looking. There is no room to condone slang words, contracted words, and esoteric languages. The writing is strictly done according to stipulated guidelines. It typically includes an introduction, a body disclosing an overview of the subject accompanied by evidence, and a conclusion that sums up everything in the writing piece. It contains the authors name, credentials, and the list of references. In article writing, information is provided without any manner of formal tonality. It can appear unprofessional as it may harbor slang expressions and indiscernible words. In its bid to entertain the audience, some humor can be incorporated and another element which cannot be seen in academic papers. Audience Academic writing is meant for an educated audience educated scholars and researchers based on proven facts. Article writing is not always intended for an educated audience. Professionalism vs. Unprofessionalism Academic papers are strictly done by professionals in a given field. They are expected to possess enough knowledge regarding what they are writing about. The writing will be reviewed and edited by the authors colleagues and take a lot of time to be published. Article writing can be done by anybody who has little or no knowledge regarding the topic. It takes lesser time to publish. The authors name may not be present. Articles are traditionally void of the authors credentials and list of references where they got their work from. Similarities Informative Academic papers and articles are written with the sole purpose to educate the audience. Both can contain relatively similar information. Originality The information provided in an academic paper and article writing is not expected to be gotten from other peoples words and ideas. The content has to be unique, original, and authentic. In case the information is based on someones ideas or their words are used, a citation is needed to show the source of the gotten information. Failure to do this is tantamount to plagiarism. Creativity In both forms of papers, writers would want to be captivated by their work. In order to achieve this aim in academic papers and article writing, fact-based information and personal experiences that have not been heard of are infused into the writings respectively to gain the attention needed. There you have it!Ã These are the features that make up academic papers and article writings.
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