The Civilization Of Ancient Rome - 1366 Words

The Civilization of Ancient Rome and The Time of the Kings, From Republic to Empire: Romulus and Remus, the Etruscans, the Greeks and early influences HST 101 Spring 2015 Lance Raebel Pima Community College West Campus Tucson, Arizona Table of Contents Introduction I. Romulus And Remus founding story a. Twin brothers i. Considered to be half gods ii. Rasied by a she wolf b. Father the god of war i. Rapes Rhea Silvia their mother c. Find Rome i. Romulus then kills Remus for leadership II. The Time of The Kings a. Real founders of Rome was a tribe called the Latins i. Rome’s position on the Tiber was very advantageous ii. Only Trading ships could navigate the river no fleets. iii. They could only go as far as Rome but no further iv. Served as a commercial port safe from attacks b. Had a Patriarchal King who exercised power check by the elders. III. Greeks a. Romans got there alphabet from the greeks i. As well as architecture and art forms IV. Etruscans a. Got their influences from the greeks i. Changed their ways to suit their own needs and way of life ii. Were open to women having a sense of leadership or power V. From Republic To Empire a. War and agriculture remained the chef occupations for romans for 2 centuries b. This changed in 265 BCE after completing the absorption of Etruscan i. Started wars over seas ii. Empire starts to form Conclusion To the Romans their vast and great accomplishments of their empire meant that they were chosen toShow MoreRelatedThe Civilization Of Ancient Rome1595 Words   |  7 Pages The civilization of Ancient Rome thrived from the sixth century BC to the fifth century AD. The Roman Empire was the second empire to conquer most of the Mediterranean Sea basin, the first being the Ancient Greeks. After taking over the former Greek Empire, the Romans assimilated many aspects of Greek culture into their own, including the Greek Architecture. The main attributions to Ancient Roman architecture are cement, the arch, the vault, the dome and centralized road systems. The RomanRead MoreAncient Civilizations Of Greece And Rome1436 Words   |  6 Pagesshape. Unlike other member of the Dracaenaceae family the Dracaena cinnabari produces a red resin from the bark after wounding. The medicinal and coloring properties of this resin, along with other dragon trees, was recorded by the ancient civilizations of Greece and Rome. Today, it continues to be used in medicines, dyes, varnish and incense all over the world. Dracaena cinnabari belongs to the Plantae Kingdom. Its Phylum is Tracheophyta, its class is Liliopsida, its Order is Liliales, its FamilyRead MoreAncient Rome : The Ruins Of A Unique Civilization1536 Words   |  7 PagesAncient Rome Set atop seven mighty hills stands the ruins of a unique civilization. A powerful empire that grew from the fertile fields, and pleasant weather of the Italian Peninsula resided on this land. 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OutRead More Contributions to Western Civilization Made by Ancient Greece and Rome2004 Words   |  9 PagesThe ancient Greeks and Romans were perhaps two of the greatest civilizations of the ancient world. These two civilizations thrived in their ancient environments which eventually led to a vast amount of prosperity within these two cultures. It is because of this prosperity that these ancient cultures were able to make a variety of advancements in literature, architecture, art and a variety of other fields. These two civilizations also produced some of the ancient world’s greatest writers, leadersRead MoreGreek And Roman Civilizations : Greece And Ancient Civilizations1498 Words   |  6 Pages Greek and Roman Civilizations In examining the impact that the ancient world has had on modern Western civilization, the two ancient civilizations which are frequently understood as having had the greatest influence are Ancient Greece and Ancient Rome. These two civilizations would eventually come to shape much of what would become the modern European culture, politics and society, and by extension, a vast proportion of global culture and society. In examining the trajectory of modern historyRead MoreGreek And Roman Civilizations : Greece And Ancient Civilizations1503 Words   |  7 Pages Greek and Roman Civilizations In examining the impact that the ancient world has had on modern Western civilization, the two ancient civilizations which are frequently understood as having had the greatest influence are Ancient Greece and Ancient Rome. These two civilizations would eventually come to shape much of what would become the modern European culture, politics and society, and by extension, a vast proportion of global culture and society. 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Carrefour Case Analysis Free Essays

The purpose of this analysis is to highlight how Carrefour has financed its growth over the last four years i. e. 1968 through 1971 with the help of the Statement of Sources and Uses (Exhibit 1). We will write a custom essay sample on Carrefour Case Analysis or any similar topic only for you Order Now In addition, the financing needs for the projected growth of the company will be reported and analyzed briefly. For this purpose Pro-forma Income Statements (Exhibit 2) and Pro-forma Balance Sheets (Exhibit 3) have been prepared for the next four years (1972 through 1975). From 1968 to 1971, Carrefour has used trade notes extensively as a source of cash. Other significant sources of funds are Other Current Liabilities, Accounts Payable, Shareholder’s Equity and Long term debt. Most of the sources have been utilized to fund Building and also to generate more cash for the firm. A good portion of the sources have also been used to create more Inventories from 1968 to 1971. Land has been acquired during these four years as also other fixed assets and current assets. As is seen from the Pro-forma Balance Sheet, Carrefour would have to take significant amounts of Long Term Debt(at 10% Interest rate) in order to finance its expansion outside France. According to the projections, LT Debt would have to be increased to around 89% from 1971 to 1972 and 96% from 1972 to 1973 respectively. This means Carrefour would also have to pay huge amounts of interest on these debts. With revenue growth of 35% Carrefour would be able to support its debt and still earn fair amounts of profit including dividend payouts. However, huge amount of debt and interest expense might be risky and could lead to negative earnings if the actual revenue growth falls below the expected value of 35%. Exhibit 1 CARREFOUR STATEMENT OF SOURCES AND USES – 1968 to 1971 | |Â   |1968 |1971 |Change |Source/Use | |Intangible Assets |0 |1 |1 |Use | |Land |14 |28 |14 |Use | |Buildings Equipment |50 |202 |152 |Use | |Other Fixed Assets 21 |49 |28 |Use | |Total Fixed Assets |85 |279 |194 | | | less: Depreciation |10 |63 |53 |Source | |Net Fixed Assets |75 |216 |141 | | |Investments Advances |5 |19 |14 |Use | |Inventory |30 |107 |77 |Use | |Acounts Receivable |2 |4 |2 |Use | |Other Current Assets |58 |124 |66 |Use | |Cash |18 |151 |133 |Use | |Total Current Assets |108 |386 |278 | | |TOTAL ASSETS |188 |622 |434 | | | | | | | | |Shareholders’ Equity |39 |112 |73 |Source | |Special Provisions |0 |1 |1 |Source | |Long-term Debt |26 |64 |38 |Source | |Accounts Payable |0 |77 |77 |Source | |Trades notes (noninterest) |100 |244 |144 |Source | |Other Current Liabilities |23 |124 |101 |Source | |Total Current Liabilities |123 |445 |322 | | |TOTAL LIABILITIES EQUITY |188 |621 |433 | | | | | | | | |Master Check(Sources-Uses) |Â   |Â   |0 | | Exhibit 2 CARREFOUR PROFORMA INCOME STATEMENT |Past 3 yr avg of % of sales taken for| | |all items except Revenues and Int | | |Rates | | |Actual | |Actual |Actual |Actual |Actual |Pro Forma |Pro Forma |Pro Forma |Pro Forma | | | |1968 |1969 |1970 |1971 |1972 |1973 |1974 |1975 | | |Intangible Assets |0 |4 |1 |1 |5 |7 |9 |12 |0. 004 |0. 001 |0. 000 |0. 002 | |Land |14 |20 |25 |28 |50 |67 |90 |122 |0. 020 |0. 017 |0. 013 |0. 016 | |Buildings Equipment |50 |82 |136 |202 |266 |359 |485 |654 |0. 080 |0. 094 |0. 090 |0. 88 | |Other Fixed Assets |21 |38 |52 |49 |95 |129 |174 |235 |0. 037 |0. 036 |0. 022 |0. 032 | |Total Fixed Assets |85 |140 |213 |279 |411 |555 |749 |1011 | | | | | |less: Depreciation |10 |22 |35 |63 |97 |142 |204 |287 |0. 100 |0. 069 |0. 112 |0. 094 | |Net Fixed Assets |75 |118 |178 |216 |314 |412 |545 |724 | | | | | |Investments Advances |5 |10 |12 |19 |27 |36 |49 |66 |0. 010 |0. 008 |0. 009 |0. 009 | |Inventory |30 |65 |72 |107 |162 |219 |295 |399 | | | | | |Acounts Receivable |2 |2 |3 |4 |6 |8 |11 |14 |0. 002 |0. 002 |0. 002 |0. 002 | |Other Current Assets |58 |50 |75 |124 |157 |212 |286 |386 |0. 049 |0. 052 |0. 056 |0. 052 | |Cash |18 |51 |116 |151 |199 |268 |362 |489 |0. 050 |0. 080 |0. 068 |0. 66 | |Total Current Assets |108 |168 |266 |386 |524 |707 |954 |1288 | | | | | |TOTAL ASSETS |188 |300 |457 |622 |870 |1162 |1557 |2090 | | | | | | | | | | | | | | | | | | | |Shareholders’ Equity |39 |89 |98 |112 |206 |278 |375 |507 |0. 087 |0. 068 |0. 050 |0. 068 | |Special Provisions |0 |0 |1 |1 |1 |2 |2 |3 |0. 000 |0. 001 |0. 000 |0. 000 | |Long-term Debt |26 |25 |64 |64 |121 |237 |393 |605 | | | | | |Accounts Payable |0 |48 |61 |77 |124 |168 |226 |305 |0. 047 |0. 042 |0. 034 |0. 041 | |Trades notes (noninterest) |100 |79 |147 |244 |244 |244 |244 |244 | | | | | |Other Current Liabilities |23 |59 |86 |124 |173 |234 |316 |427 |0. 058 |0. 060 |0. 056 |0. 058 | |Total Current Liabilities |123 |186 |294 |445 |542 |646 |786 |976 | | | | | |TOTAL LIABILITIES EQUITY |188 |300 |457 |622 |870 |1162 |1557 |2090 | | | | How to cite Carrefour Case Analysis, Papers

Essay about The Secret Life of Bees Movie Review Essay Example For Students

Essay about The Secret Life of Bees Movie Review Essay â€Å"The Secret Life of Bees† Movie Review â€Å"The Secret Life of Bees† is a movie that takes us through the incredible journey of a young girl named Lily Owens. She grows up with the horrible memory of the day she accidentally killed her mother. She and the family maid who has tried to fill the empty void as her mother, Rosaleen, escape the mistreatment that Lily receives from her father, T-Ray. After Rosaleen heard the news on T.V. about the Civil Rights Act being passed, she decided to take the opportunity and register to vote. As they got to town to register Rosaleen, she dumped the juice from her chew container onto men who made fun of her. She was arrested, and that is when they escaped. When Lily asks her father for more information about her mother, he told her that the day she died she was coming back to get her belongings. He tells Lily that her mother didn’t want to take her when she left. This upset Lily because she believed that a child couldn’t have two parents that didn’t love her. Lily has very little of her mother’s possessions, but the few items does have include her mother’s gloves, picture, and a wooden picture of a black Mary. On the back of the wooden picture, Tiburon, SC was inscribed. This became their point of destination as they left Lily’s hometown. As they reach Tiburon, they stop at a convenient store and Lily notices that the same picture that is on her wooden picture is also on the honey jars. They investigate and are led to a house where the â€Å"Calendar sisters† live. These three incredible women help Rosaleen and Lily out by letting them stay with them at their bright pink house. It is here that the two learn about bees and how they function as a society . .. Lily gets to stay in a home that makes her feel loved. She writes down her story, including her thoughts and emotions, into a book that was given to her by Zach. This movie takes place in South Carolina in 1964. This was the peak of racism in the South.(Do Something.org) Many African Americans found support in a nonviolent African AmericanActivist named Martin Luther King Jr. The result of all movements towards civil rights resultedin passing the Civil Rights Act in 1964. It was not uncommon to see a colored maid or cook in a white persons home. ?Works CitedPrince-Bythewood, Gina, dir. The Secret Life of Bees. Fox Starlight Pictures, 2008. DVD.Racism Against African Americans. . N. p., Online Posting to Do Something.org. Web. 18 Dec. 2013. .

Procurement Plan between Silwan Food International and AGS Logistics LLC

Procurement planning involves activities carried out by institutions or companies in their process of acquiring goods or services. This plan is always scheduled for a specified period of time. It defines all the activities and steps that a company will use to purchase goods or services needed.Advertising We will write a custom research paper sample on Procurement Plan between Silwan Food International and AGS Logistics LLC specifically for you for only $16.05 $11/page Learn More Planning or scheduling of activities, which involves the procurement of goods and services in organizations enables them to purchase quality goods or services. It also ensures that an organization is able to acquire the products or services with the least cost possible. Organizations are able to meet purchasing objectives easily when they have a procurement plan than those companies that do not have a procurement plan (Heldman, 2011). The purpose of a Procurement Plan in Organiza tions The main purpose of a procurement plan is to inform the companies involved in procurement process how they will carry out the process of product acquisition. It states how the acquisition will be organized, executed and managed throughout the process. Scheduled activities always help the organization to manage time and measure the quality of the services or the products purchased. It ensures that the work is completed within the stipulated time frame (Berry Milosevic, 2005). Logistics Services In the case of Silwan Food International and AGS Logistics LLC, where these two companies are under an agreement, the procurement plan will ensure that the companies follow the conditions provided in their agreement until their contract is over. It will also ensure that AGS Logistics LLC performs the services as required by the agreement and that they follow all steps needed (Berry Milosevic, 2005) Procurement Definition Silwan Food International is a company that supplies milk powder, dried nuts and fruits, cocoa, gear and other products. The company decided to source logistics services to enable it concentrate on other important services to the customers. Through a review of available logistics providers in UAE, the company approved AGS Logistics LLC to be their logistics providers.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This company uses technology to transact their business and to provide the services to their customers. This is why the company has been able to maintain its position as a logistics provider in the market. Their goal is to use innovative approaches to meet the needs of their customers (Saxena, 2008). Silwan Food International requires logistics services that also include loading, warehousing, and offloading among others. The companies have customers from outside the country and therefore freight services are required. AGS Logistics LL C will provide freight services for the Silwan Food International to take the products needed outside the country. Assistant managers in the procurement department of Silwan Food International will have the authority to authorize transactions in the absence of the procurement managers. This is because all terms and conditions are provided in the logistics agreement signed by the two companies (Berry and Milosevic, 2005). Services Justification Deadline Transport skimmed milk powder 15, 25*2500 to Yemen Packed as specified by the customers. Needed by July20th2005 Transport walnuts, AA+ only halves, 2000, 25 kg packs to Kuwait Packed as per the minimum weight of the product Needed by September 14th2005 Take Instant Fat Filled Milk Powder 26/15 Coconut Fat to Swaziland Packed as required by the customers Needed by 20 November2005 Type of Contract to be Made All products transported to the customers will be sold on the organizations fixed price. The procurement teams from bo th companies will determine the maximum quantity that AGS Logistics LLC will transport at a time as required by the contract. As per the agreement between the Logistics Company and Silwan Foods International, they will negotiate the price, which will be charged for those three activities required to be performed as specified on the first part of this plan. This is to ensure that the exercise will use the least cost possible. AGS Logistics LLC has shown its ability to perform their duties effectively by transporting as per the orders of customers. It saves Silwan Foods International a lot of cash since they only release to order therefore do not make oversupplies or buy a lot of products which are not needed by the customers (Turner Simister, 2001). The logistics providers are required to transport the right product to the right place while maintaining the quality and condition of the products at the minimum cost. Bids from the qualified suppliers are solicited to acquire the servic es or goods within the agreed time frame (Berry Milosevic, 2005).Advertising We will write a custom research paper sample on Procurement Plan between Silwan Food International and AGS Logistics LLC specifically for you for only $16.05 $11/page Learn More Contract Approval Process Before a company decides on outsourcing goods or services, cost analysis should be conducted for a purpose of comparing costs. If a company gets that outsourcing is much economical than providing the services themselves, then they are free to outsource. The main reason why companies outsource the services is to enable them to concentrate on their core activities of meeting the needs their customers and also in meeting the objectives of the firm. For a company like Silwan Foods International to outsource logistics services from a logistics provider, its aim is to reduce excess inventories, warehouses and to reduce labor cost. This also reduces the working capital investment and fixed costs. The company needs to analyze the costs of services that they are planning to outsource and compare them with the costs of providing it internally. Solicitations are sent to vendors who provide the goods or the services the company wants to outsource. The vendor who meets the criteria set by procurement team is identified (Saxena, 2008). For the transaction between Silwan Food International and AGS Logistics LLC, purchases below $ 5000 can be approved by the procurement managers. Any transaction which exceeds such amount of money must be approved by the joint agreement of the board of contract review. It will require the board to meet for them to determine which of the contract they will take for the transactions exceeding $ 5000. The board must be made by individuals from the all the departments of the company who understands the goals and objectives of the company (Turner and Simister 2001). Decision Criteria Decision criteria are used to determine the reliability eff iciency and effectiveness of the organization that has been awarded the contract to provide the services. Silwan Food International must evaluate the accountability of AGS Logistics LLC in providing the logistics services to them.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The performance of AGS Logistics LLC must be evaluated against the expectations of Silwan Food International. The company must ensure that logistics providers enable them to meet their objectives of meeting their customer’s needs within the least time possible. Firm’s performance is affected by a lot of factors which includes its structures, environment, strategies resources and learning. Performance of any organization can be measured under different categories. Demand-oriented capabilities involving delivery, reliability, after sale services and responsiveness to target markets are among the factors which are used by many organizations to measure performance. The supply oriented capabilities include reduction of distribution cost of the organization and the geographical coverage (Turner and Simister 2001). Quality of logistic services provided by the AGS Logistics LLC will be measured by comparing the performance with the expectations and on the basis of the contract between the two companies. Customer’s feedback is a requirement to gauge the effectiveness of the services. One of the Silwan Food International is to meet the needs of the customers efficiently. The speed in which the products enter to the market can win the company a competitive advantage or leads to customers shifting to the competitors. The perception of Silwan Food International customers may be affected negatively if they do not get the products they ordered in the right place and at the right time. Quality of logistic services provided by AGS Logistics LLC can be measured against the number of orders gotten from the areas served by the company (Shadrach Ekeanyanwu, 2003). Past performance and history of the organization can determine the future performance. Past performance is a key indicator of the ability of the organization to meet their duties well. It places the organization in a better position to forecast the quality of the services which is to be provided. Th is performance indicator enables the suppliers uphold high performance in providing goods and services. This indicator enables organizations to recognize strengths, weaknesses and capabilities of their supplies (Turner Simister, 2001). Silwan Food International can be in a good position if it is able to determine the capability of AGS Logistics LLC through the review of its past performance. Performance evaluation of suppliers is vital since it guarantees the organization with quality service and customer satisfaction. If AGS Logistics LLC past performance had not been good and there are records showing inefficiency of logistics services, then Silwan Food International would get the reason to turn down agreement. The two companies have the right to disclose information about their past performance and this information should be used to determine each company’s future expectation (Shadrach Ekeanyanwu, 2003). According to Saxena (2008), Comparison of in-sourcing and outsourci ng cost is used to reduce operational cost in organizations. This is because the organization is able to make a decision on whether to outsource or in-source. Before a company decides to outsource, they consider the benefits each decision will make to the organization. The fee charged by the service providers assists organizations in making decision. Some organizations fail in making an outsourcing decision by considering the suppliers with the least cost without considering the effectiveness and quality of services. Quality of services provided by AGS Logistics LLC made the Silwan Food International to select it as their main suppliers of the logistics services (Turner Simister, 2001). The last performance measurement in the decision criteria is the date of delivery. A company may be able to select its suppliers based on how well they meet the deadlines set. Suppliers who fail to meet deadlines are not support to be considered for contracts. This is because they can cause mistrust from the customers if their needs are not met in time. When supplies deliver the products or services in time, they save the organization a lot of operating cost and they are also winning that organization a competitive advantage. The organization is able to reach more customers and satisfy them. AGS Logistics LLC company provides high services to other organizations within the agreed time. Their past performance in delivery of goods has shown that the organization is able deliver large amount of stock to the customers in the right time that the customers need them. Its association with prominent and well performing organizations in UAE has placed it in a position that every organization wants to outsource the logistics services from them (Shadrach Ekeanyanwu, 2003). Term and Termination The conditions of the agreement start from the date that the agreement was signed between the two companies. The agreement will take a period of three years if the two companies do not a reason to terminate it. During those 3 years, there will be a meeting every first day of May to negotiate the charges. AGS Logistics LLC will give a report on any increase in charges in 45 days before they meet to negotiate. The increase in warehouse charges will also be presented in writing to the Silwan Food International 15 days before the date of negotiation and at least 5 days before the transportation date. All notices required by this agreement will be made in writing. Any other parties under this agreement can file a request to terminate the agreement. This may be due to default materials. If one of the parties writes a notice containing the details of the default and the other party ignores the complaint or fails to rectify the default within 20 days, the company can terminate the agreement and seek other reliable companies. The termination of the agreement can also happen if one party fails to vacate the appointment of the other party within the agreed time in the contract. After t he termination of the contract, the AGS Logistics LLC will return all the copies of documents, data, records which belong to the Silwan Foods International. Silwan Foods International will have an obligation to return the document to the AGS Logistics LLC upon the termination of the contract. The notices which will be made with regard to this agreement will be delivered directly to the company not longer than one day. The addresses of each company are given in the details sheet presented with the contract document. Vendor Management In this section, the roles of every person involved in the procurement of services and products will be stated to ensure that every person has a role to play in the acquisition of products in the organization. Quality and appropriateness of the products or services are verified by the procurement team to ensure that they are of good quality and that they are in quantities which the companies agreed. Vendor management ensures that the suppliers continue t o supply the required goods and services of good quality as it is stated in the agreement. Procurement managers are responsible to manage vendors and to schedule for meetings to monitor the progress of their progress. Key performance indicators enable the manager to evaluate the work done by the suppliers whether they have met the requirements in the agreement. In a contract agreement, the parties indicate the time, venues and dates when they will be meeting to evaluate their progress. Communication is vital in vendor management because errors which might arise or changes that must be made are solved early before they cause unsatisfaction. Project specifications guide procurement teams from both organizations in checking the quality and effectiveness (Saxena, 2008). The agreement of AGS Logistics LLC and Silwan Food International stated that they will be meeting one in six months to monitor the progress of their contract. It is during these meetings that procurement managers and his team from Silwan Food International value the quality of services that AGS Logistics LLC provides to them and whether they meet the requirement of customers in delivering them their products which they have ordered. Any changes in price charge fro the suppliers are communicated at the meeting for negotiation purposes (Saxena, 2008). Performance Metrics for Procurement Activities Metrics to be used in assessment of the performance of the procurement activities are stated in this section of procurement plan. These metrics ensures that the suppliers observe the schedule that they agreed in supplying their products and services. They are used to measure the supplier performance. Procurement team uses them to compile data on procurement activities of the organization to guide them in choosing a supplier in future. Procurement departments develop their own performance metrics which guides them in selecting future suppliers and also ensures that the performance of the current suppliers is within the schedule of the organization. Rating tables are developed by the procurement team for a purpose of building past performance database (Turner Simister, 2001). Each company in the agreement has the obligation to protect the other party’s information† (2006, p. 35). One party can gain access to the other party’s information without the consent of the other party. The company is, therefore, obliged to use the information only in the performance of the duties in the agreement but not for other purpose whatsoever. They are bound to disclose the information only to their employees who needs in the process of providing the services. However, the parties are free to disclose the confidential information if and only if the information is needed by law. If under any circumstances, the information is being needed by law, the disclosing party has to inform the other party through writing and ask for assistance in the disclosure of the information. If the disclos ing party informs the other party before it discloses the information, this will not be regarded as a bleach of contract since both the parties will be aware of the disclosure Rating table Vendor Product quality Ontime delivery Documentation quality Development cost Development time Cost per unit Transactional efficiency Vendor 1 Vendor 2 Vendor 3 Scale 1-3 where: Unsatisfactory Acceptable Exceptional Procurement managers from Silwan Food International manages their performance metrics to monitor and measure the performance of AGS Logistics LLC so that after their contract is over, they can be able to decide on whether to renew that contract or get other logistics suppliers. The metrics summarizes the whole performance and progress of the suppliers and also gives them a challenge to deliver quality goods and services for the fear that their contract may not be renewed. Project plan must be approved by the sponsor and signed by the procurement manag er. References Berry, A. Milosevic, Z. (2005). Extending choreography with business contract constraints. International Journal of Cooperative Information Systems, 6, 131-179. Heldman, K. (2011). Project management jump-start. New York, NY: John Wiley Sons. Saxena, A. (2008). Enterprise contract management: A practical guide to successfully implementing an ECM Solution. New Jersey, NY: J. Ross Publishing. Shadrach, B. Ekeanyanwu, L. (2003). Improving the Transparency, Quality and Effectiveness of Pro-poor Public Services Using the ICTs: An Attempt by Transparency International, pp 120-138. Turner, J and Simister, S (2001). Project contract management and a theory of organization: International Journal of Project Management.PP.457-464. This research paper on Procurement Plan between Silwan Food International and AGS Logistics LLC was written and submitted by user Lewis Kane to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Indian Hotel Industry Essay Example

Indian Hotel Industry Essay Example Indian Hotel Industry Essay Indian Hotel Industry Essay Introduction In India, the hotel industry has monitored enormous boom in current years. The industry is linked with the tourism industry and the growth of hotel industry was fuelled by the tourism industry. It’s been seen that the industry offers luxury and comfort service to increase the foreign exchange of the economy. Early in 1980’s, the hotel industry in India was a budding industry consisting of single hotel companies. Increase in demand for hotels was high in late 1990’s. The increase in business opportunities and flourished economy has boosted the level of growth in hotel industry. According to a report, the Indian hotel industry has a current supply of 110,000 rooms and a scarcity of 150,000 rooms. According to ballpark figure, demand will go above supply by 100% within the next 2 years. The hotel industry in India is going to look rosy in the future. For the next few years, it is seen that the mid-market and budget hotel are going to observe massive growth and development while the segment of luxury will continue to carry out well. The year 2008-09 was one terrible year for Indian tourism because of the terror attack; the hotel industry was affected drastically. The industry experienced a downfall in occupancy and revenue in major cities List of players in the industry * Taj group * Inter-continental * Le meridien group of hotels * Oberoi group of hotels * The park group of hotels * Welcome heritage group of hotels * ITC welcome group of hotels Industry Structure Hotels in India are broadly classified into 7 categories (Five star deluxe, Five star, Four star, Three Star, Two Star, One star and Heritage Hotels) Premium Luxury Segment This segment comprises the high-end Five Star deluxe and Five Star hotels, which mainly provide to the business and upmarket foreign leisure travellers and present a class quality and range of services Mid Market Segment This segment includes 3 and 4 star hotels which cater to the standard foreign and domestic leisure traveller. This segment also accommodate to the middle level business travellers since it offers most of the essential services of luxury hotels without the high costs. Budget Segment These comprise 1 and 2 star hotels known to as â€Å"Budget Hotels†. These categories do not offer as many facilities as the other segments but offers inexpensive accommodation to the highly price-conscious segment of the domestic and foreign leisure tourists. Heritage Hotels In the past four decades, certain architecturally distinctive properties such as palaces and forts, built prior to 1950 have been converted into hotels. The Ministry of Tourism has classified these hotels as Heritage Hotels FDI in hotel Industry The main reason for foreign direct investment policy in India is to promote foreign investment. The liberalized economic policies have converted India the biggest and largest democracy in the global investment. In hotel industry FDI has been allowed up to 100% through automatic route. Automatic approval is given if: 1. Up to 3 % of the capital cost of the project is proposed to be paid for technical consultancy services. 2. Up to 3 % of the net turnover is payable for franchising and marketing/publicity fees. 3. Up to 10 % of gross operating profit is payable for management fees, including incentives fees. Statistical Data- Indian Hotel Industry Size of the Hotel Industry| USD 3. 8 Billion| Share of premium segment in the overall hotel market (2008)| USD 2. 3 Billion| Expected growth rate from 2008 to2009| 12 percent| Key Players| Indian Hotels, Leela Ventures, ITC Hotels, Oberoi Hotels, Bharat Hotels, ITDC, Kamat Hotels. | RoomsCurrent SupplyCurrent Demand| About 110,000 hotels roomsAbout 150,000 hotels rooms| Source: Crisil research Annual Review 2009 Growth Rate In a report it is stated that, the Indian hotel industry has a current supply of 1, 00,000 rooms and a scarcity of 1, 50,000 rooms in India. In the estimate the demand is going to cross supply by 100% in the coming next 2 years. Five star hotels allocate same room for different guest more than once a day. With the difference in demand and supply, the tariffs in hotels are expected to rise 25% annually and 80% of occupancy rate by the next 2 years. To conquer this shortage, the industry is adding 60000 quality class rooms. It is on process with various stages of development which will be all set by 2012. The hotel industry is currently now in an interesting phase. The reason for the boost in demand for hotel rooms is the thriving economy and extreme growth in sectors like IT, Telecom, Retail etc. Moreover, the decision of government is to advance 28 regional airports in towns and to expand Mumbai and Delhi airports so that the business prospects of Indian hotel industry will progress. The advancement of highways linking to various parts of India has helped to open new budget hotels. The campaign INCREDIBLE INDIA which was promoted by the government of India has helped to increase the domestic and international tourism which led to the growth in hotel industry also. Pattern of growth (Seasonal Cyclic) In hotel industry, the pattern of growth is cyclic and seasonal as it is related and based with tourism. As it is inter-related and gone on demand based, in some places like historical places and business centres such as Delhi, Hyderabad etc the demand for hotels are cyclic. Seasonal demand is depended upon location and climate e. g. : beaches in India are visited mainly on summer because of the climate Porter’s Five Force Model Porter’s five forces model determines the attractiveness of long run of a market. The five forces are: * Threats of intense segment rivalry * Threat of new entrants * Threat of substitute products * Bargaining power of suppliers * Bargaining power of consumers 1. BARGAINING POWER OF SUPPLIERS * A chain of hotels is operating in various services like spa, boatels, resorts, city centers etc. * The customers in the hotel industry are fragmented, so they might have to trim down the bargaining power in order to draw the customers. * They have no substitutes for five hotels and spas. * The top class hotels are being operated by few hotels like TAJ, ITC, THE LEELA PALACE so that they have power over the industry. * The Oberoi, TAJ, ITC etc have different rates and tariffs; it is because of the reason that they have their own brand image. 2. BARGAINING POWER OF CONSUMERS The hotel industry is mainly invested in fixed assets, so they are trying to recover their money quickly. * If the price of the hotel changes is moderate, the customers are price sensitive and have low margins. * The hotels are providing more information about them to attract the customers. * Sometimes hotels provide discounts and incentives in order to reduce the bargaining power of consumers. 3. THREAT OF NEW ENTRANTS When it becomes easy for the other companies to enter the industry, the competition of the industry increases. In such state the new players could change the determinintans of the market environment. Distribution channels and raw materials are controlled by players like TAJ, ITC and LEELA PALACE * In India, the cost of land is 50% of total project as it is 15% in abroad. * Customers brand loyalty like TAJ, ITC and LEELA PALACE influences new entrants. * The hotels in foreign country are in connection with Indian hotels to reduce the starting cost and using latter’s brand name. 4. THREAT OF SUBSTITUTES There is going to be a threat from the substitutes if there are alternative lower priced products with better performance for the same purpose. These substitute products can attract a part of the market reducing the sales of existing players. * Switching and fixed costs affects the business * Customers brand loyalty is directing the substitutes such as TAJ, ITC etc. * Hotel connection with the customers and cost are the causes for switching to substitutes. * The current demand and supply is another reason for the choice of substitutes. 5. THREAT OF INTENSE SEGMENT RIVALRY High pressure of competition results in hike on prices, pressure on margins and hence for every single company in the industry on profitability. Powerful on cities especially in metro and slowly picking in minor cities. * Because of the healthy competition with all the players, there is an increase in the growth of industry * The competitors in the hotel industry especially the top one’s are having similar service like the five star. Environmental Analysis PEST Model 1. Political factors Certain rules and regulation should be abided by the citizen of India in order to be in the society. This is applicable for corporation also. Though each corporation has to face rules and regulation, each industry has to face different set of rules and regulation. One should know that in corporation’s perspective the regulation are negative because it takes away their profit or bottom line. However, there is also a positive effect for regulations. Environment is one main factor which the government will have their eye on, and also set up laws that will defend the environment. Hotels are legally responsible to clean up the infected part and other corrective measures under the law and regulation which are associated with environmental matters. Another political factor is that they can impose a law regarding labor in hotel industry 2. Social factors Social factor is another issue which the hotel industry should look into because it deals and functions with customers with different ethnic, demographic, cultural background. The hotel industry may have a chance to expand by the way of treating each customer in a loyally. 3. Technological factor A hotel must be up to date with all the latest gadgets and technological changes. A hotel must be advanced and should prevent obsolescence. Why it is said to be advanced is that the changes might have an impact on the industry. As it is the 21st century, we all know that there is a strong and powerful focus on technology. Today the internet is being used everywhere. Now it is a place for shopping, music, games etc. In this factor, the hotels should know that if they don’t have a well developed website, they can loose potential customers. Also they should aggressively advertise through the internet. Further to add in with the discussion, the computers can be use for organizing the operations. So by moving through this direction can make the hotel much attractive, save cost and increase revenue. 4. Ecological factors Environment is something which the living beings link with it every day. The decisions are often guided by the environmental condition. For e. g. if it is foggy outside, the chances for going for trucking or hiking are very less. The unsure climate can have an impact on hotels mainly situated in ski resorts. To solve this problem is to create a strong brand image in the minds of consumer. Market Trends: Hotels Classification – Occupancy Particular| 2004 -05| 2005-06| 2006-07| 2007-08| 2008-09| Overall Average| 69. 0 %| 71. 5 %| 71. 4 %| 68. 8 %| 60. 3 %| Five Star Deluxe| 71. 4 %| 73. 8 %| 73. 0 %| 71. 7 %| 62. 3 %| Five – Star| 71. 1 %| 70. 4 %| 70. %| 67. 2 %| 59. 9 %| Four – Star| 71. 8 %| 72. 7 %| 71. 7 %| 68. 9 %| 59. 5 %| Three Star| 56. 7 %| 65. 9 %| 68. 9 %| 64. 7 %| 57. 5 %| Hotel Classification – Average Rate (US Dollars) Particular| 2004 -05| 2005-06| 2006-07| 2007-08| 2008-09| Overall Average| 95. 73| 122. 34| 162. 17| 198. 52| 170. 71| Five Star Deluxe| 124. 86| 161. 08| 224. 26| 278. 33| 241. 05| Five – Star| 86. 79| 112. 03| 149. 22| 190. 16| 165. 29| Four – Star| 68. 78| 86. 45| 117. 23| 142. 20| 126. 35| Three Star| 40. 71| 49. 71| 69. 09| 86. 67| 79. 83| Opportunity and Challenges Opportunities According to the central statistics organization, India’s GDP was recorded a growth of 6. 7% in the financial year 2008-09. By this GDP growth, we can see that it is a strong service sector, stable FDI and government policies which helped to maintain growth rate. The hotel industry’s market size is more than twice as about USD 1 billion in 2004. It is said that there are chances for India to have something like 40 international hotel brands by 2012. Also the occupancy rates have also increased from 52% in 1999 to 67% in 2008. Inspite of the global recession, the arrival of tourist increased from 4. 8 million to 5. 37 million in 2008. Basically what it means is that there is 100% Challenges * Poor infrastructure * Numerous license are required to approve a lengthy process * Due to economic recession, there’s been a slowdown in demand. Conclusion In recent years, India started examining massive growth in mid market and luxury market will performing very well in the coming years. In future, the industry will have marvellous opportunities because of the booming trends in tourism and government encouraging campaign of INCREDIBLE INDIA and other promotional measures. Even through the industry is filled with full of opportunities, they are undergoing certain difficulties regarding the cost of land which is 50% of the total cost and also the taxes. The hotel industry is inviting foreign investment which is an excellent indication and the industry is trying to fill the demand and supply gap. Bibliography * indialawoffices. com/pdf/indianhotelindustry. pdf * http://business. mapsofindia. com/india-industry/hotel-industry-in-india. html * scribd. com/doc/26045770/indian-hotel-industry-analysis * madaan. com/sectors. html

Writing introductions and endings to grab attention and leave an impression

Writing introductions and endings to grab attention and leave an impression Writing intros and endings We remember firsts and lasts much more than we remember in betweens. Most people can remember their first day at school, or what they had for dinner last night, for example. Thats why introductions and conclusions are perhaps the two most critical parts of any document. Unfortunately, theyre also often the weakest. Most people have no idea how to write an introduction that grabs the readers attention. And even more people neglect to write a conclusion altogether. But there are four basic types of intro and ending that you can use for most documents. Here are two of them. Getting started Many people follow the misguided advice to start somewhere in the middle and write the introduction last. But getting your introduction right doesnt just attract the reader, it also helps your document flow as you write. So begin writing your introduction first. One of the most effective types of introduction is the historical beginning. This type of introduction contrasts what used to happen last year/century or whenever with whats happening now, and creates a real sense of movement in your readers mind. For example: Ten years ago, the marketing budget was 3 million a year. Now that figure has almost tripled. Now youve got your readers attention, theyll almost certainly be eager to know why the budget has increased so much. Start telling them, and theyre hooked. Closure The conclusion is your opportunity to leave a lasting impression and keep what youve written in the readers mind. One good way to do this is to look forward, or predict the future. For example: The annual report shows that growth has been steady, but sales still need to improve for the upturn to continue. You can find out more about effective intros and endings on an Emphasis in-company or public course. Or you can email to ask us about how we can help your organisation. Back to High-impact business writing course.

Employability skills Assignment Example | Topics and Well Written Essays - 2500 words

Employability skills - Assignment Example Working in the sales department with a team dealing with customer support is certainly a huge task that comes with huge responsibilities. Setting up personal responsibilities in this area is somehow similar to updating job description to increase tasks and responsibilities, which are congruent with the overall objective of the organization. One needs to ask him/herself the following questions before setting responsibilities; what have I done? What do I need to do in order to progress myself? Finally, how do I execute it? These three questions are important in ensuring that your personal responsibilities meet both personal and interests of the organization. My first personal responsibility as a customer support personnel involves satisfying the expectations of the client. The second responsibility involves coordinating with individual users of our service to assess their needs. The third responsibility involves providing adequate information to the clients all the time. The fourth res ponsibility involves developing effective rapport with other service colleagues. The fifth responsibility involves ensuring that you are up to date with current service delivery methods and procedures to increase customer satisfaction. Performance targets unlike personal responsibilities, which makes use job description, go beyond the tasks and duties stated in the job description. Armstrong, (2009; p6) elucidates that when an idea of high quality job performance crosses your mind then one starts to think about expected job outcomes. Everyone at the work is always expected to meet his or her job objectives and thus the need for personal performance targets. For instance, customer support staffs need to ask themselves the following question in order to effectively set personal performance goals. How am I expected to act with the customers and support center colleagues? What are the mandatory organization values? Finally what procedures, methods and process should I employ? My perform ance targets based on my experience in working as a customer support personnel include but not limited to the following: Responding to at least 90% of all the incoming enquiries either through main or telephone; Attending to at least 99% of all complaints from customers promptly; Enhancing my customer service and interpersonal skills within 3 months. Contact at least 60% of new customers to find out about satisfaction of the services. Contact at least 70% of the clients who received a repair to find out if they were satisfied by the services. Evaluating personal effectiveness against defined objectives is an important undertaking for every employee considering that it demonstrates areas where an individual employee effectively succeeded and where he/she requires improvements (Keller, 2010; p196). Self-assessment is applied in a wide range of professional settings including customer support services and therefore it is a noble idea for customer support personnel to undertake self-ass essment to establish their effectiveness to meet customer care challenges and above all their competence in relation to customer service skills. An evaluation of my personal effectiveness against personal objectives played a significant role in knowing my level of performance with respect to competency in customer service skills. One of the biggest challenges that most employers face is how to motivate their employees to attain their full potential at work. It is