Saturday, October 5, 2019
Linux and Mac File Systems Article Example | Topics and Well Written Essays - 250 words
Linux and Mac File Systems - Article Example lso highly scalable and support Access Control lists as compared to Ext3fs which support a basic form of ACL or HFS+ which moved NTFS style of ACL recently. Moreover, NTFS is more robust than Ext3fs in that Ext3fs is based on Ext2fs and hence carries some of the problem from the older file system. Also, Ext3fs has an impact on performance due to its journaling features. An inode (index node) is data structure in the file system that stores all the information about a file except its name. The information includes access permissions, the owner of the file, file type and size of the file. The Linux file system (ext3fs) employs this approach for indexing small files. For larger files, Linux allows the use of indirect blocks. The indirect blocks extend the file size that can be stored to slightly more than 4 MB. On the other hand, NTFS has entries in the master file table (MFT) instead of inodes. The MFT contains the information required to retrieve a file from NTFS. The MFT have a unique identifier, i.e., FILE_RECORD_SEGMENT_HEADER which is a file header used to identify a file from other files. HFS+ also does not have inodes, but it emulate its behavior. In Mac OS, the equivalent of the inode in Linux is referred to as indirect node file. The indirect node file is stored in the metadata directory, which exist in the root directory. The indirect node file stores fileââ¬â¢s content properties like the owner ID and the group ID. Though, Mac OS is UNIX based, its file system does not implement inode like Linux but a similar indexing is implemented. In contrast, the inode is a file system feature found in UNIX based operating system like Linux but not found in Window Operating system. The MFT, indirect node file, and inode are similar in that they store fileââ¬â¢s properties and allow easy retrieval of the files. The NTFS and Mac OS inode structure are more superior to the Linux one, and thus they improve performance and efficiency. Linux adoption both by desktop users and
Friday, October 4, 2019
The existence of Sylvia Plath's mental illness Research Paper
The existence of Sylvia Plath's mental illness - Research Paper Example The feminine self that Plath often explores in her poems is permeated with an autocratically free zeal which fiercely struggles for more breath under the choking grip of her male counterpart and ferociously victimizes her male foes. In an article ââ¬Å"Mad Poets Societyâ⬠, Alex Beam confirms that Plath began to develop schizophrenic syndromes and manic depression at the age of twenty. He says in this regard, ââ¬Å"At the age of twenty, Plath experienced mild depressions while studying at Smithâ⬠(Beam 98). But a close psychoanalysis of the evidences in her poems as well as her life-events will necessarily reveal that her mental illness -schizophrenia and manic depression- can directly be connected to her experiences of her father Otto Plath and her husband Ted Hughes. In this paper I will explore the evidences of Plathââ¬â¢s real-life mental illness in Plathââ¬â¢s poems and stories. Also this paper will discuss whether Plath successfully uses her mental illness to h er advantage, or whether she dissociates from it. When Plath was eight, Otto ââ¬Å"developed gangrene in one foot after minor trauma and was found to have late stage untreated diabetes mellitusâ⬠(Cooper 4). ... Secondly, it was the end of a male authority and restriction under which Plathââ¬â¢s young feminine had been panting. This ââ¬Å"death at such a young age for Plath had some sort of a belated effect on her mental healthâ⬠(Dyer 5). Referring to the complexity of Plathââ¬â¢s relationship with her father, Ling notes, ââ¬Å"Plath herself faces a confusing relationship with her father, whom she lost to diabetes at quite an early ageâ⬠¦.Her need to please her father remains with her even to her death, as she was unable to exorcise the hold of this strange, authoritarian figure over herâ⬠(2). Later, this emotional complexity about her father further got aggravated by Ted Hughesââ¬â¢s extramarital affair as well as academic failure. Consequently, her literary works show an abundance of schizophrenic symptoms. Apart from Plathââ¬â¢s inability to think rationally, a good deal of her poems displays the paroxysmal and spastic emotions like burning anger, hatred and wrath against her father and her husband. ââ¬ËDaddyââ¬â¢, ââ¬ËLady Lazarusââ¬â¢, ââ¬ËColossusââ¬â¢ ââ¬ËFull Fathom Fiveââ¬â¢, etc are some of these poems which displays her real-life schizophrenic symptoms. Indeed Schizophrenia is a ââ¬Å"mental disorder that makes ità hard for the patient to a. tell the difference between what is real and not real, b. think clearly, c. have normal emotional responses, and d. actà normally in social situationsâ⬠(Freudenreich 23). In ââ¬ËDaddyââ¬â¢, Plathââ¬â¢s hatred for her father obviously surpasses her rationality. She successfully portrays and then disparages a patriarchal ââ¬Ëfather-figureââ¬â¢ ââ¬Å"in which [she] have lived like a foot / For thirty years, poor and white, / Barely daring to breathe or Achooâ⬠(Plath, ââ¬Å"Daddyâ⬠). It is quite normal for a feminist to take any patriarchal authority
Thursday, October 3, 2019
Scientific method Essay Example for Free
Scientific method Essay Summary paragraph introducing the project, building, hypothesis, highlights of findings. concise brief of the parts to the case study. Introduction Description of building, background information, designerââ¬â¢s intent, observations, and how team decided on topic. selection of an interesting or challenging building; relevant issues to current building performance topics that address energy-use and conservation and/or occupant well-being and associated topics covered during the Fall term. Hypothesis / Inquiry Questions. A question converted to a statement that can be tested, deals with one relevant topic, and has only one clause. suitability in scope and context to the case study building; testable and well-framed statement linking design intent to performance topic. Significance in going beyond the mundane. Methods / Equipment Step-by-step procedure that explains how, who, what, where and details of the collection of information. innovative utilization of field methods which are well-matched to the hypothes(es) and based upon direct experience with the selected building; appropriate approach and use of equipment for this case study. Data / Analysis Collection of data and explanation and interpretation of the results. effective communication and analysis of results in response to the research questions; this may include creative or unique ways of representing data; Conclusions / Design Lessons Learned Concise statements of key findings and what was learned. understanding of the complexities and variables of the project. appropriateness of concluding statements suggestions for studies to build upon this case study. Web Design ease and logic of navigation; readability and clarity; creativity in using the web to enhance the representation of data. appropriate attribution, acknowledgement, etc. A =demonstrates meeting the objectives and criteria above; serves as a useful model of information for the design community. B =demonstrates meeting the objectives and criteria above C =meets several of the objectives and criteria above, is deficient in areas. D =does not demonstrate meeting the objectives and criteria above Evaluation Procedures. The following process enables us to give a fair and objective review to each of the case study projects, according to the objectives and criteria set forth in the assignment. 1. Instructors will review an initial set of selected case studies together and assign letter grades (see below) for content and web design according to the criteria above. As a group, we will discuss the merits and deficiencies and come to agreement on the final content and web grade, by consensus or averaging the grades. Comments and grades will be entered into a master spreadsheet (which contains team names, email addresses, GTF, title) which will facilitate sending feedback to the teams and provide a master document should students come in to talk to us later. 2. For efficiency of time and because of the number of case studies, we will break into grading teams (one instructor, two GTFs) and use the same process to evaluate the rest of the case studies. Adjustments and re-calibration of grades can occur as we progress through the grading process. The instructors may float between teams. 3. Presentation grades from the instructor and GTF will be entered into the master spreadsheet. 4. Generally, GTFs will not be on a team grading their own studentsââ¬â¢ case studies. They can be however, consulted to ask about the teamââ¬â¢s initiative and general performance. GTFs should review the grades with the grading team. 5. All instructors will ââ¬Å"voteâ⬠for case studies to be place in the Hall of Fame (4-5 total). Once these have been selected we will notify them after grades have been submitted and case study files can be posted to the Hall of Fame site. (this may be early winter term).
Importance of Metrics in Marketing Strategies Case Study
Importance of Metrics in Marketing Strategies Case Study Teresa A. Cochran Marketing is a fundamental responsibility for all activities related to advertising and sales strategies that are vital to the success of any organization. The ability of an organization to efficiently market its products and services is directly related to the success or failure of the company. As noted by Arikan (2011), metrics form the base of any effective marketing strategy. However, many firms fail to utilize metrics to calculate success or failure of their strategies. Most companies focus on the new leads generated overlooking other important formulas that analyze the actual success of any type of marketing strategy. As the business environment evolves, new marketing strategies and options are invented which requires marketers to stay a step ahead by understanding key metrics and what they mean for a companys marketing strategies. Ideally, these metrics are measurable values used to demonstrate the level of effectiveness of marketing campaigns on all marketing channels. Since marketers operate across many channels, their marketing strategy will involve a variety of activities, which makes it important to track progress and performance of their actions with the right performance indicators. This can help a business to reach its marketing targets and make improvements when facing challenges. Before choosing the right metrics, it is important to consider channels being used and who in the business will use the resultant information to make decisions (Arikan, 2011). For Athletics Supreme, following are five important metrics that the company should use to evaluate performance of their marketing strategies. For this assignment, 5 marketing metrics will be reviewed to display the anticipated success of the Pleasantly Plus, plus size retail boutique and consignment shop. Each factor is a subcategory of the marketing metrics main categories; sales metrics, customer readiness to buy metrics, customer metrics, distribution metrics and communication metrics. The assignment will review in detail equations used to forecast the following: sales growth, awareness, retention rate, number of outlets and response rate. Sales Metrics Strategic marketing plans are created to facilitate an elevated consumer awareness to promote and attract customers to purchase your product. Data related to sales volumes measure the rate at which sales of your product and is imperative for decision making for the overall fiscal sustainability and financial success This metric is also valuable for strategic planning and will determine future growth projects for the company. Athletics Supreme must also monitor sales data including total sales and types of products sold. Sales data must then be evaluated by the company to determine the effectiveness of the marketing strategy or to determine barriers to sales. The sales metric being utilized to determine the efficacy of the advertising methods used must be monitored with respect to creating sales through increased product awareness. In addition, this evaluation would also determine the tactics that have a negative impact on sales goals (Farris, 2010). These key indicators will be monit ored by the marketing department over multiple sales periods. Athletics Supreme can utilize sales data to monitor growth and of the new product line Sales figures for the sports apparel product line will be monitored quarterly beginning with the date of the initial release of the products. This metric will be monitored for one year with the goal of establishing sales trend lines relative to seasonal sales. Sales growth represents the variance in comparing sales from differing time periods. This data can be reflected mathematically as: (Current time period net sales- Previous time period net sales) _________________________________________ x100 (Previous period net sales) Or As applied to Athletic Supreme ($50,000 net sales qtr 2- $35,000 net sales qtr 1 _________________________________________________________________ x100 $50,000 Athletics Supreme shows a growth rate from Qtr 1 to Qtr 2 of 30% Customer readiness to buy metrics Customer awareness is a method utilized to determine the number of consumers who have been made aware of the products offered, in this case by Athletics Supreme. From a marketing viewpoint, a strong awareness of your product increases potential consumer purchase. Marketers use customer readiness such as awareness, preference, purchase intention, trial rate, and repurchase rate as performance indicators of product branding therefore these indicators have a great deal of influence over strategic planning of a company (Hanssens, Pauwels, Srinivasan, Vanhuele, Yildirim, 2014). Consumer purchases are influenced by multiple stages of product awareness before purchasing. Consideration to the consumers thought process related to decision to purchase before determining an appropriate marketing plan. Athletics Supreme enters the sports apparel market with an edge over the competition due to having a presence in the industry. The company has a reputation for quality therefore, consumers have an established recognition of the name brand. Athletic Supreme should collect behavioral purchasing data based on preferences gathered from sales databases. By evaluating consumer purchases, Athletics Supreme can gain valuable data on consumers product preferences (Kotler Keller, 2012). Periodic surveys of customers that purchase the apparel would further assist in evaluation the most effective marketing tactics. Akrin (2011), notes that the quality advertising message will make customers more inclined to purchase sportswear. Athletics Supreme objective would be to obtain favorable response rates beyond 90 percent, and adjust marketing strategies accordingly. Videos are another medium that would be used in the raising of awareness regarding the new line of sportswear products. The number of viewers of a video is an effective way of determining whether the products receive the attention of the target customers. The target customers are expected to be impacted by the viewership of the videos to engage in the purchase of the products being marketed (Arikan, 2008). Based on the viewership metrics, Athletics Supreme should determine the most efficient marketing channel that facilitates the creation of awareness regarding the product to consumers. The Greater attention of the marketing medium that is most effective should be done to ensure that there is maximum exploitation of the medium to create awareness and influence consumers to make purchase decisions in favor of the sportswear products (Farris, 2010). As applied to Athletics Supreme, an approach to quantifying product awareness is based on cost per 1,000 contacts and then calculate the spend per contact for each advertisement. Marketing Originated Customer % is a ratio that reveals the percentage of the new business that is a result of Marketing efforts. It is computed by getting the number of customers that started with a lead generated by Marketing and then dividing it with the total number of new customers that signed up in a period; the value is then multiplied by 100 (Zikmund Babin, 2013). This metric will show the portion of customers acquisition that originated from Athletics Supreme Marketing efforts in a certain period. This metric is best analyzed using a closed-loop marketing analytics system as manual computation is tiring and takes time (Kotler Keller, 2012). Customer metrics Customer metrics is collection of data that can be used to determine what matters most to the customers: past, present and future. For Athletics Supreme a key subcategory in customer metrics to analyze would be the cost of customer acquisition. Per Arikan (2011), customer acquisition cost, is the cost incurred convincing a potential customer to buy a product or service. This metric is important to a company as well as its investors. Investors use it to determine a companys profitability by analyzing the amount of money that can be extracted from potential customers and cost incurred extracting it. Marketing specialists on the other hand use the metric to optimize returns on their advertising investment. It highlights whether costs of extracting money from customers can be reduced which would help improve the companys profit margin. Mathematically, it includes all cost incurred in acquiring customers over a given period divided by the total number of customers acquired in that period. Ideally, this includes all sales and marketing costs including advertising cost, salaries, commissions, bonuses and relevant overheads in each period (month, quarter or a year) (Zikmund Babin, 2013). For example, for Athletics Supreme, the Customer Acquisition cost in the first year will be: Total Marketing costs for the whole year/number of customers acquired within the year Therefore, if the company spent $50,000 on sales and marketing in a certain month and added 50 customers CAC = $50,000/50 =$1,000 CAC will be important to Athletics Supreme, as it will indicate the effectiveness of the money invested in acquisition of new customers. A high metric will indicate the company is spending too much on sales and marketing while a low metric would indicate that the company is using low costs to gain customers (Arikan, 2011). Customer Retention Rate Customer Retention Rate is used to calculate the loyalty of customers. Acquisition of new customers usually costs more than it costs retaining current ones (Shank Lyberger, 2014). Arikan (2011) argues that evaluating the dedication of a customer towards a company enables marketers to improve their strategies. Encouraging customers to stick with ones business for long helps maximize revenues. It is calculated by subtracting the number of new customers from the total number of customers in a certain period divided by the number of customers at the start of the period and then multiplied by 100 to make it a percentage, i.e. CRR= Customers End Period (CE)-New Customers for the Period (CN)/Customers at Start of the Period (CS) x 100. For example, if Athletics Supreme starts a month with 50 customers and gains 20 new ones but lose 15 customers in that month, the CRR would be; (55-20)/50*100 = 70% This metric will help Athletics Supreme to assess the loyalty of customers for each of its brands. It will also reveal the companys ability to nurture existing customers. Customer lifetime value (CLV) This metric is used to assess the economic value brought by a customer to a business for the entire duration the person remains a customer. It evaluates everything starting with the customers first interaction with the company to the final purchase. It is a comparison of revenues generated by a customer and the costs of acquiring and maintaining the customer. Calculating this metric helps to reveal whether there is value in maintaining long-term marketing channels. If the CLV value is high, a company needs to invest more in retaining customers for the long-term (Arikan, 2011). For example, if Athletics Supreme fills 300 orders with revenue of $20,000, the companys Average Order Value (AOV) would be $66.67. To determine Purchase Frequency (PF), the number of orders is divided by the number of unique customers. Assuming Athletics Supreme had 200 unique customers, PF would then be 1.5. Customer Value (CV) would then be AOVxPF, which is 66.671.5 =$100 Once CV is determined, Customer Lifetime Value (CLV) is determined by multiplying the CV by the duration the customers have been in the company. Assuming the orders have a 4-year contract, CVL would be: CVL = Customer Value (CV) x Customer Duration with the Business =1004 =$400 This means, Athletics Supreme Customer Lifetime Value over 4-year duration is $400. Athletics Supreme will use this metric to analyze the potential value customers will bring into the company. According to Shank Lyberger (2014), a high value of the metric means customers are bringing high value which the company should aim at. A very high value would however mean the company is under spending and thus restraining growth. Distribution metrics Simon (2012) considers percentage of shelf space, or the space necessary to sell an item as an essential marketing data point. Athletics Supreme would ideally like to occupy as much of the display space as possible. By occupying a large amount of shelf space, Athletics Supreme has effectively monopolized the stores All Commodity Volume (ACV), or the rate of everything sold in the store. Despite its retail prominence, Athletics Supreme must remain effective by maintaining a successful supply chain logistics. As Simon, (2012) argues that even if Athletics Supreme obtains maximum display areas for the new product line, including overstock for internet sales, it will lose customers if the supply is not adequate. Overall, most retailers with make decisions on inventory based on the potential of selling the item quickly. Communication metrics is the gathering of data that can be utilized to determine the effectiveness of the varying forms of communication channels used. In this case, Athletics Supremes a key subcategory is effective reach. Effective reach is the subset of the target segment of the population that can be effected by an advertisement during a specified time frame. Additionally, the response rate data measures the rate of response that customers respond to information sent to the target market. Communication Metric) Per Arikan (2011), marketing influenced customer percentage is similar to Market Originated Customer %. However, it factors in all new customers where marketing efforts touched and/or nurtured the lead at any point in the sales process as opposed to only originating the lead. For example, if the sales person of Athletics Supreme found a lead who later attended a marketing event and closed, the new customer is assumed to having been influenced by Marketing. This percentage is usually higher than that of the Marketing Originated Customer % as it is more inclusive. It usually ranges from 50-99%. The retail industry is very competitive, therefore, Athletics Supreme must monitor the effectiveness of all forms of customer communication. For example, emails, coupons, and discounts offered on the next customer purchase. Increased sales figures after an email campaign would be a key indicator of the effectiveness of communication. The company can also measure its response rate via satisfaction surveys, Facebook and Twitter followers, and click through rates online. Per Kotler and Keller (2012), Athletics Supreme should focus communications based on frequency of purchase, which can manipulate response rates to double-digits. Conclusion Using metrics effectively will help Athletics Supreme understand the success of its marketing strategies. It will reveal areas where the companys marketing team excels at and where the team needs to improve. Therefore, metrics play an important role in marketing efforts and the company should use the above metrics as well as add others that are relevant to its business. References Arikan, A. (2011). Multichannel marketing: metrics and methods for on and offline success. John Wiley Sons. Farris, P. W. (2010). Marketing Metrics: The Definitive Guide to Measuring Marketing Performance. Upper Saddle River, NJ: FT Press. Hanssens, D. M., Pauwels, K. H., Srinivasan, S., Vanhuele, M., Yildirim, G. (2014). Consumer Attitude Metrics for Guiding Marketing Mix Decisions. Marketing Science, 33(4), 534-550. doi:10.1287/mksc.2013.0841 Jeffery, M. (2010). Data-Driven Marketing: The 15 Metrics Everyone in Marketing Should Know (1). Hoboken, US: John Wiley Sons, Incorporated. Retrieved from http://www.ebrary.com Kotler, P., Keller, K. L. (2012). Marketing management Shank, M. D., Lyberger, M. R. (2014). Sports marketing: A strategic perspective. Routledge. Zikmund, W. G., Babin, B. J. (2013). Essentials of marketing research. Australia: South-Western Cengage Learning.
Wednesday, October 2, 2019
Japan and Its Customs Essay -- Japan Japanese Customs Essays
Japan and Its Customs General Information on Japan Japan has a population of approximately 125 million people packed tightly into a rather small geographic area. The official language in Japan is Japanese. Japanese is spoken only in Japan. The literacy rate in Japan is very close to 100 percent and 95 percent of the Japanese population has a high school education. Japanââ¬â¢s form of government is parliamentarian democracy under the rule of a constitutional monarch. The dominant religion is Shinto, which is exclusive to Japan. However, the Japanese have no official religion. Appearance 1) Make appointments before you arrive in the country Japanese donââ¬â¢t like newcomers. Make appointments before you arrive in the country. The best way is to be introduced personally by a Japanese agent, or better, by a Japanese business partner. Before you make an appointment send detailed information about your company. Your Japanese partners expect you to ask for the same. 2) Be on time As a general rule, the Japanese are always on time. There are no such things as being "fashionably late" or making a "grand entrance". If an event is to begin at 09:00, then it is best to arrive a few minutes early to get yourself organized and be prepared to begin right at 09:00 (not 09:05). 3) Dress conservatively In general, the Japanese are much more conscious of their appearance in public than we are in the West. Some Japanese would rather spend money on clothing than on food. In the large cities your clothing is a sign of your background, social status, or wealth. In general, women do not wear sleeveless tops, shorts, or revealing styles. To conform to the typical businessman's style, men wear dark two piece suits with plain white shirts and conservative ties. The Japanese do not wear excessive amounts of jewellery that are obvious signs of wealth. Although a piece of jewellery might be expensive, it is worn with a sense of quality, not quantity. Behavior 1) Greet with a long and low bow Bowing represents humility. You elevate, honor, and respect the other person by humbling yourself or lowering yourself. The lower you bow, the more you are honoring or respecting the other party. As a Westerner, you are not expected to initiate a bow, but a bow should always be returned (except from personnel at department stores and restaurants who bow to welcome... ... or letter openers; -à à à à à items totaling an even number, such as four flower stems (the number four symbolizes death); items totaling nine (the number symbolizes suffering) -à à à à à flowers are generally used at times of illness, death, or courting only -à à à à à white and yellow chrysanthemums are for funerals Conclusion The Geert Hofstede analysis for Japan is dramatically different from other Asian Countries such as Hong Kong, Korea or China. In Japan Masculinity is the highest characteristic. The lowest ranking factor is Individualism, which coincides with their high ranking in Uncertainty Avoidance. Japan is a more collectivist culture that avoids risks and shows little value for personal freedom. Power Distanceà à à à à Individualismà à à à à Uncertainty Avoidanceà à à à à Masculinityà à à à à Long term orientation Japanà à à à à 54à à à à à 46à à à à à 92à à à à à 95à à à à à 80 Romaniaà à à à à 90à à à à à 32à à à à à 90à à à à à 42à à à à à à à à à à à à à PDI ââ¬â Power Distance IDV ââ¬â Individualism MAS ââ¬â Masculinity UAI ââ¬â Uncertainly Avoidance LTO ââ¬â Long term Orientation à à à à à ââ¬Å"Anyone going to Japan will find it illuminating. Anyone going to do business in Japan will find it a must.â⬠à à à à à à à à à à à à à à à à à à à à Ronald Dore
Tuesday, October 1, 2019
Character Growth in Conrads Heart of Darkness Essay -- Heart of Darkne
Character Growth in Conrad's Heart of Darkness à à à à à à à Joseph Conrad's Heart of Darkness explores the intellectual, emotional and moral growth of characters throughout the novella. This character growth has been a recurring theme in literature, with the poet William Blake, among many others, exploring theories of the movement between innocence to experience. Although Conrad does not strictly address character growth in this manner, characters that do and do not undergo psychological growth are portrayed quite differently. Those who undergo these psychological changes are portrayed favorably, that is Marlow, the frame narrator, and Kurtz. These characters throughout the novel undergo significant change, for some it is gradual (Marlow), but for others such as Kurtz, this growth or realization occurs rapidly, and almost too late. While European colonialists - characters that do not grow, or remain at the stagnant psychological level - are used to represent the anti-colonialism theme to the readers. Conrad utilizes c haracters, and their psychological growth (or lack of growth) to distance himself from the narrative and endorse or criticize many themes that would be seen as revolutionary in the context of its publication. A large gap is then depicted between the characters who grow, portrayed as "enlightened" beings, and the pilgrims and European colonialists, who are seen in a colonial point of view as perfect examples of good, however portrayed by Conrad as stagnant, "Hollow men", whose aims and ideals are criticized. à à The frame narrator, although not a major character in the novella, undergoes significant psychological growth throughout the text. This growth can be broadly divided into three phases - the initia... ...hed ways of thinking, have a faà §ade of bringing culture and progress to a world devoid of these elements, yet are merely "hollow men". They are merely acting as products for the indefinable aims of colonialism and in turn, move the readership to reject their ideals, emphasize the "enlightened" (those who grow) and encourage a similar psychological journey of the readership. à à à Bibliography à Conrad, J. (1995). Heart of Darkness. London: Penguin Group. à Dintenfass, M. (1996, March) Heart of Darkness Lecture. [WWW document]à à à à à à à URL http://www.lawrence.edu à Maes-Jelinek, H. Notes on Heart of Darkness à Moon, B. (1992). Literary Terms A practical Glossary. Perth: Chalkface Press P/L à Analysis of Major Characters. [WWW document]à à à à à à à à URL http://www.sparknotes.com/lit/heart/characteranalysis.htm à Ã
International Marketing Essay
1. Introduction 1. History Lever Brothers was founded in 1885 by William Hesketh Lever. The company initially started its operations by manufacturing soap. In 1917, the company began to diversify into foods, acquiring fish, ice cream and canned foods businesses in order to apply synergies caused by commonalities in the raw materials required to produce and distribute these products. In 1930, the Dutch company Margarine Unie merged with a British company, Lever Brothers, to form the multinational Unilever. Unilever has two parent companies: Both companies have the same directors and effectively operate as a single business. 2. Marketing Management Philosophy Marketing management process undertakes the stages of strategy formulation, implementation and control. Therefore, it is imperative to first identify the adopted marketing management philosophy by the organization. Organisational purpose of Unilever clearly states that organisationââ¬â¢s focal attention is centered towards anticipation and satisfaction of customer needs and wants. Kotler (2000) mentions that marketing concept holds that the key to achieving its organizational goals consists of the company being more effective than competitors in creating, delivering and communicating customer value to its chosen target markets. Deep insight into organizational purpose reveals that goals and objectives of Unilever depend on determining the needs and wants of target markets and to satisfy the customers efficiently than competitors. The company also considers its role as socially responsible entity by ethical business practices and ongoing welfare projects in many of the South Asian markets. Such adopted marketing management philosophy as a central element of corporate purpose will definitely influence the international/Global strategy of Unilever. Hence, it can be concluded that whole of the business philosophy of Unilever is embedded into marketing oriented organization with the purpose to keep in consideration the expectations of all stake holder groups. 2. Organisational structure of Unilever Organisational structure of Unilever follows a de-centralized setup, where corporate level strategies are formed by board members and executive committee. Unilever operates in two separate global divisions for food and home & personal care business. Table 1: Regional groups Source: http://www.uniliver.com The directors of these global divisions are companyââ¬â¢s executive committee. Business level strategies and formulated by Presidents of each of the separate regional groups made for food and health & personal care business. These business presidents are responsible for delivering business results in their respective regions and reports to Directors of Food and Home & Personal care division. At functional level, host country managers are responsible to implement strategies and to make functional level strategies in accordance with the changes in sub-localities. The core building block in Unilever is the local operating company. These companies are organized into eleven regional groups. At regional levels, Unilever has deployed host country managers. 3. Global or international strategy of Unilever At present, it is difficult to suggest any of the orientation stage for Unilever. When it comes to global marketing, market segmentation decisions are no longer focused on national borders. Cateora and Graham (2000) explain that at global marketing stage, companies treat the world including their home market, as one market. Market segmentation decisions are no longer focused on national borders. However, critical review of Unileverââ¬â¢s operations state that the marketing strategies of the company are both internationally and globally oriented. While, developing market segments, Unilever takes into accounts the incomes levels, usage patterns and other factors that span countries and regions. The global brands of Unilever in Food and Personal care business are examples of it. However, the company also laid a minute focus on various regional markets by developing distinct regional market segments in light of the tastes, preferences, income and other factors of these markets. The broad category of local brands is an example of it. Therefore, in order to determine elements of Global/International marketing strategy of Unilever, it is imperative to analyze the stages of international marketing involvement and strategic orientation of the company. The deep insight into these dimensions reveals the stature of organization as international or global company. 1. Stages of marketing involvement Initially, the focus of the company was limited to few product categories, targeted segments and market. However, with the passage of time, the company was gone through the transition process from one stage to another. The learning curve and experience of Unilever along with analysis of market potential and company capabilities enable the organization to extend its product portfolio and to step into different markets. By keeping in view the involvement factors of company towards strategic marketing orientation, it is difficult to suggest any one stage of orientation. Unilever is truly international in a sense that it sells diversified range of products around world which comes up from planned production. However, the concept of global marketing states that market segmentation decisions are no longer focused on national borders. In practice, critical review of Unileverââ¬â¢s operations reveal that the marketing strategies of company are both internationally and globally oriented. Development of market segments at Unilever takes into account the taste and consumption preferences and other segment variables that span countries and regions. The global brands of Unilever in food and personal care business highlight this approach. At the same time, Unilever focuses on regional and country markets by developing distinct regional market segments by considering tastes, preferences, income and other natures of these regional markets. The broad category of local brands made to tailor the regional market needs exhibit this approach. Hence, it can be concluded that Unilever is catering to the needs and wants of mass market segments around the world by making a blend of international and global orientation. 2. Strategic orientation 1. Strategic Brand Management International strategy of Unilever is focused to build its business by creating, developing and delivering value brands. Unilever has a diversified product category and each product line has much depth and width in it. Evaluation of Unileverââ¬â¢s marketing strategies reveals that the organization is more centered towards buildings and positioning brands, Branding is known to be the spinal cord function at Unilever which basically stick together all functions of marketing like marketing research, product development, pricing, advertising etc. Thus, Marketing functions and activities at Unilever are combined together to focus the process of branding. As first step, marketing research function facilitates the brand managers and business level managers with the comprehensive profiles of various regional markets around the world. Then, strong brands are developed as a solution to customer needs. Unilever has core focus towards effective brand management in order to develop both global and local brands. As a part of future growth strategy of company, Unilever implied law of contraction to refine and retune its diversified brand categories by focusing only on potential brands. Consequently, organization resources will be allocated on the brands, which have growth potential and growth levels and will be pursued to enhance profitability. Jean and Kapferer (2000) states that the brand is a focal point for all the positive and negative impressions created by the buyer over time as they comes into contact with brandââ¬â¢s product, distribution channel, personnel and communication. Accordingly, brand managers and research experts at Unilever classify the customer groups in term of their demographic, geographic, economic and personal profiles. Along with, they identify the changing consumer preferences in terms of their needs, wants, satisfaction, tastes and expectations. All these considerations are then tailored to manipulate the marketing mix elements to develop a successful and value delivering brand. One of the prominent examples of Unilever brands which shows the companyââ¬â¢s insight into consumer health requirements is Annapurna Salt. Continuous marketing research function and collaboration with health organisations let Unilever to identify that majority of people living in Africa and south Asian region inherently have deficiency of iodine component in their bodies. As a result, Unilever introduced iodised salt for the consumer segments in this market with the brand name, Annapurna. The particular example shows that understanding of consumer needs enables Unilever to build in health benefit into their product. 2. Social Responsibility This dimension of international marketing strategy clearly defines the characteristics of organizational cultural paradigm and purpose of the company to position itself in minds of customers. Kotler (2000) defines that societal marketing concept holds tha the organisationââ¬â¢s task in to determine the needs, wants and interests of target marketes and to deliver the desired satisfactions more effectively and efficiently than competitors in a way that preserves or enhance the conusmerââ¬â¢s and the societyââ¬â¢s well-being. In realistic and factual terms, in todayââ¬â¢s business environment, social responsibility is a good marketing strategy to effectively position the corporate and brand names in targeted markets. Companies have international and global orientation operates in variety of international regional markets. Although, the principle of marketing always remain the same regardless of the market environments, however, at the corporate level, the strategists also take into consideration the role and overall contribution of company with in each market and region. Contemporary marketing philosophies do consider the role of an organization as socially responsible entity by ethical business practices. The degree to which an organization will be socially responsible to its macro market environments is determined at the stage of formulation of corporate level strategy. Incase, of a multinational company like Unilever, international marketing strategies take into account the role of company in various environments. Organization does incur some costs to emerge as socially responsible organization and do seek some benefits out of it in form of consumerââ¬â¢s affiliation and overall perception of organization in their minds. Unilever claims: As a multi-local multinational we aim to play our part in addressing global environmental and social concerns through local actions and in partnership with local governments and organisations. Now it is quite obvious that at broader scale the international marketing philosophy of Unilever is to stand as socially responsible organization. However, the action-oriented approach towards implication of social responsibilities entirely depends upon individual nature of market and environmental conditions. As a decentralized approach of strategy, the corporate level management at local operating companies defines the paradigm of social responsibility in regional and country markets and business level managers pursue the objectives by developing and implementing action-oriented strategies. Unilever Pakistan is the largest consumer goods company in Pakistan. In Pakistan, it is registered as a separate local operating company. In order to pursue international marketing strategy contents in relevance to social responsibility, Unilever Pakistan, in context to the local market environment analyzed and assessed nature of market environmental. The through analyses of environmental and natural resources reveal that the country faces shortage of water resources which are crucial to be used as household, agricultural and industrial requirements. In result, Business level managers worked out to enhance the performance and efficiency of its production and manufacturing processes by cutting shirt the overall requirement of water resources to be used in processes. With in five year time, Unilever reduced its total water consumption by 40% and proved its role as a socially responsible organization in the sector. 3. Identification of Major Competitor: Jobber (2004) defines that the most important part of conducting competitorââ¬â¢s analysis is identification of competitors, following product form, product substitution, generic strategies and competition arena. In FMCG sectors, there are some names which have made significant progress in the industry. Namely, few of them are Nestle, Proctor & Gamble, Johnson & Johnson, Kimberly-Clark and Unilever. The examination of Unileverââ¬â¢s business segments and product categories reveal that Nestle and Proctor & Gamble are chief competitors of Unilever in international market. Precisely, Nestle is the chief competitor to Unilever due to parallel level of competition among these two companies in respect to homogeneity among their international marketing strategy. The emphasis of both of the companies towards building global and local brands simultaneously, shows that the adopted business slogan is ââ¬Å"Think Global-Act localâ⬠. As a result Nestle and Unilever stand shoulder to shoulder in many of the regional markets with diversified line of their local product brands. Annual turnover of Unilever for the year 2003 shows that its Food division contributed 57% share to total sales turnover and 43% share is contributed by Home & Personal Care division. The percentages clearly exhibit that Unilever has comparative strength in its food division over home & personal care division. In light of the analysis, it can be concluded that Nestle is the chief competitor of Unilever in the business segments of Food as Nestle is recognized as world largest manufacture of food related items. On the other hand, Proctor & Gamble is Unileverââ¬â¢s leading competitors in business segments of Home & Personal care as P&G has relative strength in this sector. In food sector, Nestle is far ahead then Unilever due to width and depth of its product lines. In comparison to Unilever, The product categories of Nestle includes; Baby food, dairy products, Break fast cereals, Ice cream, Chocolate & confectionary, prepared food, Beverages, Bottled water and Pet care nutrition. In Home and Personal care, P&G enjoys leadership position in Beauty and Fabric care as the company attains strong global brands in these categories like Ariel and Pantene. 2. Percentage Contribution of geographical markets to total organizational Turnover Annual Sales figures of Nestle, for the year 2003 shows that European and American markets are its major business markets, as both of the markets contributes 32% and 31% respectively to total organizational turnover. Similarly, in case of P&G, North American and Western Europe are the chief markets with 50% and 24% share to turnover respectively. For Unilever, major business markets are Europe and North America which percentage share of 43% and 23% respectively to total sales turnover. The figures clearly state that all of the organizations have a cut-throat competition in North American and European markets and each of the organization has relative strengths in these markets. However, the Asian Pacific markets which have a huge business potential due to huge house hold size and populated economies, there still exists significant margin of improvement. For P&G, Northeast Asian market contributes 21% share to total turnover for year 2004. For Nestle, Asian and African markets contribute to 16% of annual turnover. And in case of Unilever, Asia and Pacific contributes 17% to total organizational turnover. 4. Nature of markets and methods of entry 1. Nature of Markets The business operations of Unilever are expanded over almost 110 countries world wide. Each of the regional and country market has different nature in terms of economies of scale, market segmentation, level of competition, political and social factors. In order to have a deep in-sight to explore and identify the marketing strategies of Unilever in relation to market nature, we will give you a highlight of companyââ¬â¢s operations in Asian region with particular emphasis on Pakistani and Chinese market. 1. Nature of market in Pakistani 1. Economic & Demographic Profiles Pakistani market constitutes total population of almost 150 million people. In Pakistan, the affluent and rich class is no more than 6% of the total population. Almost 32% of population is living a life under poverty line. The major segment of the society belongs to middle class consumers which are actually target market for FMCG Company like Unilever. The product portfolio of Unilever constitutes almost 135 brands for Pakistani market. Majority of these brands are part of consumer basket index in South Asian society. Prominent examples are the items like cooking oil, laundry detergent and tea, as these product categories are used with in every Asian household. 2. Level of Competition FMCG companies like Unilever owns a diversified range of products which are different in their nature and most of the product categories are not even interrelated such as laundry detergent and tea. These differential products in a way are recognizable as different strategic business units. Unilever markets almost 135 brands in Pakistan and have not to confront too many players in FMCG industry. The structure of industry in Pakistani market has been shaped in form of Oligopoly, as there are only few leading players as Nestle and Proctor and Gamble. However, each product category defines different level of competition when it comes to analyze the potential of different competing brands both in global and local context. For example, while comparing to huge industry giant like Uniliver, P&G offers limited range of product categories in Pakistani market. On the other sinde, leading detergent brand, Ariel, owned by P&G gives tough time to brands which are included in Unileverââ¬â¢s product category of laundry detergents. Similarly, there are some local companies who manufacture and market a single brand. Tapal is one of the leading tea brands in Pakistani market which stand in cut throat competition against Unileverââ¬â¢s global brands, Lipton and Supreme. The third important factor which determins level of competition for Unilever in Pakistani is the huge market of unbranded products. The unbranded products are low priced and inferior in quality and they are marketed in within regional boundaries. In order to combat these unbranded products, Unilever extended its distribution network to remote areas to capture market share. 3. Blend of Local & Global Brands Unilever clearly understand the cultural and social differences in Pakistani society which have a significant impact over peopleââ¬â¢s preferences, tastes and life style. By following the nature of market with heavy regional segregation, Unilever decided to offer both Global brands and developing local brands in the market. Lipton is the leading brand of Unilever in the product category of tea. It is marketed in over 100 countries and it shows the global presence of the brand. However, Unilever Pakistan owns several regional brands in product category of tea which are low priced. These tea brands like; Tazza, A1 and Top star are distributed and circulated in regional markets. Similarly, the advertising and media focuses regional languages to promote these brands. 2. Nature of target market in China China cosmetic market has been expanding rapidly over the past 20 years. In 1982, the total sale was only about RMB200 million. By 2001, this figure went up to about RMB40 billion, a growth of 200 times from 1982. Chinaââ¬â¢s annual sale of cosmetics are forecasted to reach RMB60 billion by 2006 and RMB80 billion by 2010. Despite significant growth over the last two decades, there are still have a number of opportunities in Chinese cosmetic market and the country is expected to remain a dynamic market. This is based on some factors: firstly, with a population of billion and 480 million urban residents, China has the largest number of potential cosmetic customers in the world. Secondly, as a result of Chinaââ¬â¢s 7-8% high rate of economic growth, living conditions will continue to improve, which enable an increasing number of people to join the cosmetic consumption force. Finally, China has opened its market according to WTO rules will further stimulate its cosmetic market with more international and domestic players. 2. Method of Market Entry 1. Market Entry Methods in Pakistani Environment As far as market entry mechanism is concerned, Unilever follows two approaches. First, Unilever sets up a local operating company in a country of choice by following the business regulations & company act status in host country. The second approach of market entry followed by Unilever is acquisition. In some of the market settings, Unilever prefers to acquire a prominent brand in spite of establishing totally new setup of production and distribution. Such approach of diversification and market entry strengthen its grip in local markets around the world. By having an investment to acquire a local brand will enable the company to use the pre-running production facilities and marketing networks & distribution channel. This mode of entrance into a market doesnââ¬â¢t swallow precious time resources to build brand awareness. 1. FDI FMCG sector primarily requires a blend of capital intensive and labour intensive resources. Therefore, it was a best option for Unilever to establish its manufacturing and production facilities in local area to reach economies of scale by using cheap skilled and un-skilled labour. For example, in Pakistan, Unilever is operating as locally registered company and it fulfills all the legal requirements of Company Act 1981 and regulations of security and exchange commission. Moreover, Unilever is a public listed company and follows the legal requirements of Securities and Exchange Commission of Pakistan. The Chief Executive of Unilever Pakistan Ltd. reports to Unileverââ¬â¢s top management, based in team leader country of the regional group. Under such form of market entry, Unilever has to made foreign direct investment in selected country markets. By foreign direct investment, Unilever establishes manufacturing & production facilities along with development of integrated marketing and distribution channels. Unilever established a local operating company in Pakistan with the name, Unilever Pakistan Private Limited. 2. Acquisition The strategy of Unilever in regional country markets like Pakistan is to dominate the market by acquiring the leading local brands offered by other manufacturers. Hence, the benefits result into diversification and enhanced market share. The leading example in this regard is of Polka, which was leading ice cream brand in Pakistan. Unilever launched it global ice cream brand Walls in Pakistan in year 1998-99. Initially, Walls faced severe competition from Polka, as the national brand attained a strong image and equity in the market. As a result, Unilever Pakistan, decided to extend the brand lines by acquiring Polka. The acquisition of Polka enables Unilever to use production and distribution facilities to promote Walls. The targeted markets of Unilever are divided into Regional & sub-regional markets. In each of the country, there exists a local operating company. All these local operating companies are organized into eleven regional groups. 2. Methods of Market Entry in China When the Unilever firstly entered the Chinese market, they usually chosen a Chinese company to cooperate or conduct joint venture, because they were not familiar with Chinese market and did not has distribution and sale channel. However, when they had developed their sale force and built sale channel, Unilever has bought the share from the Chinese company and built new plants in other cities, which is direct investment. 5. Extent of standardization or adaptation of marketing strategy Unilever claims to be the one of the biggest consumer goods manufacturing company in the world. It claims that everyday, almost 150 million people in over 150 countries choose our products. So for a multi national company of that stature, an emerging question for marketing directors will definitely be to examine standardization or adaptation approach in order to develop international/global marketing strategies. An expertââ¬â¢s opinion in this regard is that, ââ¬Å"Forward looking, proactive firms have the ability and willingness to accomplish tasks, standardization and localization. Global markets continue to homogenize and diversify simultaneously. The in-depth study of the product categories and length, depth, and width of product lines reveals that the management of Unilever has a dual focus on homogeneity of needs of consumer around world and towards global customization. In addition, some of the marketing analysts state that a successful company should focus on both of the aspects such as standardization and adaptation at the time of deciding target market segments, the measures of determining these segments and targeting strategy. Unilever states: ââ¬Å"Our deep roots in local cultures and markets around the world are our unparalleled inheritance and the foundation for our future growth. We will bring our wealth of knowledge and international expertise to the service of local consumers- a truly multi local multinationalâ⬠The argument can be justified by Unileverââ¬â¢s motto: ââ¬Å"A Multi-local Multinationalâ⬠. In-light of the above created discussion, we conclude that Unilever is conscious of the features of global and international markets. For instance, the product category of Unilever constitutes the global as well as local brands, which implies that Unilever manipulates the marketing mix elements by having a favourable blend of both standardization and adaptation. 1. Product When the Unilever wanted to enter the Chinese market, they use product adaptation strategy, which means, ââ¬Å"adapting a product to meet local conditions or wants in foreign markets (Kotler, Armstrong, Saunders, Wong 2001, p.175)â⬠. They did not just bring the products sold in UK to launch in Chinese market, but has done a number of researches about Chinese womenââ¬â¢ skin and found that Chinese peopleââ¬â¢ skin is quite different from Europeanââ¬â¢s. Therefore, they have changed the formula of the pondââ¬â¢s products, which can be perfectly suitable for Chinese women. As can be seen, Unilever has adopted adaptation strategy, which is highly cost, but has increased the market share. 2. Branding and promotion Unilever has implemented plans to make greater use of its corporate brand in support of its companies and products around the world. By 2005 subsidiary companies will adopt the name. Also, over the coming years the Unilever name will appear on all product packaging. Consumers and stakeholders will find it easier to see who Unilever is and what it does. Its goal is to strengthen Unileverââ¬â¢s business and reputation, so that both Unilever and its brands are better understood and trusted throughout the world. The trend shows the enhanced recognition of branding as supreme function of marketing. Al Ries and Laura Ries (1998) explain that marketing is building a brand in the mind of the prospect. If you can build a powerful brand, you will have a powerful marketing program. Although, Unilever announced corporate brand, they still use the adaptation strategy in some of the products. For example, the Unilever has changed their brand name from English form into Chinese manner, which is easier for Chinese young women to identify and remember. In addition, food division of Unilever claims Knorr as one of its supreme global brand with almost 2.3 billion euro annual sales in over 100 countries. The product range of knorr includes soups, sauces, noodles and complete meals. Similarly, in personal care market, Unilever owns prominent brands as Axe, Dove, Lux, Ponds, Rexona and Sunsilk. However, in frozen food category, Unilever has supreme local brands. i.e. Findus (for Italian market), Birdââ¬â¢s eye for UK and Iglo for other European countries. Moreover, in category of margarine & spreads, Becel is a prominent brand for Dutch market. Flora is the brand in UK and Take control is in American market. In olive oil category, the most important brand, Bertolli is appealing to consumer taste for Mediterranean food. Unilever clearly at the same time recognizes the homogeneity of consumers by developing global brands and also make itself adaptive to the cultural, political and social environment of different regional markets by developing local brands and keeping in view the distinct needs of the consumers. Unilever normally design different advertisement for different countries. For example, when Unilever shoot an advertising film in Asian marketing, it is keen to adopt Asian actresses. 3. Pricing Terpstra and Sarathy (2000) state that incomes, culture, and consumersââ¬â¢ preferences differ from country to country, thus, for the same price in different countries, the demand will be different. Therefore, Unilever has institute dissimilar prices according to the nature of markets in different countries. For example, the level of income in china is relatively low. Therefore, the price of pondââ¬â¢s products in china is lower than Europe. Another reason for low price strategy is that Unilever produce Pondââ¬â¢s in china. The cost is low. However, if Unilever just export its products from one country to another country, the cost will be high considering the tariff, insurance and transport fees need to be added into the cost. Therefore, Unilever would adopt the standardization within the operation to balance the difference. 4. Distribution It is not easy to build distribution channels in foreign countries. When Unilever enters in a new marketplace, it is more likely to find some partners. For example, Unilever has cooperated with several big Chinese companies. Therefore, it can use the existing sales distribution network. However, Unilever not just satisfy to employ this network. It has work with big supermarket in china, which can deliver and sell mass products in china, to build their own distribution channels. However, Unilever do not use joint venture in Holland. They directly work with whole sellers, department stores, and supermarkets to distribute their products. As can be seen, Unilever use different distribution strategy in different countries. In this way, Unilever use the adaptation marketing strategy. In Pakistan, Unilever established its unique distribution system by setting up business partnership with various distributors and traders. Various geographical areas have been distributed into business regions. With in each business region, Unilever selects trading companies by assessing their financial worth and experience. These distributors act on behalf of Unilever as they are responsible to Unilever items directly to the chain of retailers. 6. Conclusion Reference ââ¬â Kotler P., Armstrong G., Saunders J., Wong V., 2001, Principles of Marketing. London: Pearson Education. ââ¬â Terpstra V., Sarathy R., 2000, International marketing. London: The Dryden Press ââ¬â Kotler. P (2000) Marketing Management, The millennium Edition, U.S.A. Prentice Hall Inc ââ¬â Jobber. D (2004) Principles & Practices of Marketing, 4th Edition, U.K. McGraw-Hill ââ¬â Ries. A, Ries .L (1998) The 22 immutable laws of branding, Great Britain, Harper Collins Business. ââ¬â Cateora P.R, Graham J.L (2000) International Marketing, 11th Edition, McGraw-Hill/Irwin ââ¬â Jean, Kapferer N (1992) Strategic Brand Management. Creating and sustaining Brand Equity Long Term, 2nd Edition, U.K, Kogan Page Limited. ââ¬â www.nestle.com ââ¬â Annual Report of Nestle: 2003, http://www.ir.nestle.com/ ââ¬â www.unilever.com ââ¬â Annual Report of Unilever: 2003, http://www.unilever.com/investorcentre/ ââ¬â www.pg.com ââ¬â Annual Report of Proctor & Gamble, http://www.pg.com/investors/sectionmain.jhtml
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