Yes, It's the great importante for many company to minimise the impact that their products have on the environment ,but it's totally unacceptable for companies to make false claims. Many consumers think that a lot of companies pretended to be green just to charge higher
In the case of pollution and carbon emissions, it is very hard to actually measure the level of carbon emissions being produced from a company. And even if you can it will be very costly, which means there is an opportunity cost of implimenting the law of how much carbon emissions can be produced. Realistically, all regulation can hope to achieve is a reduction in environmental damage and a movement towards the optimum level of output. A second difficulty with regulation is that the government must have the correct information, and therefore know the optimum level of output. This requires the perfect information which is rarely even achieved.
Another reason why I agree with their decision to move is that at the moment they are not getting as much profit as they forecasted so clearly operating in a Niche market is not working so it makes sense to move into a mass market and increase their sales. It could be argued that it is not a good idea for Shearings to try and appeal to a mass market and move out of the niche market. This is because they were getting a steady profit operating in a niche market so it is a bit of risk moving into a market they are unfamiliar with which could be a huge failure because they are spending lots of money trying to make it work like the £2 million on advertising and the further £35 million they spent on expanding to accommodate the new customers and if it doesn’t work they are left with a huge cash outflow and no where near enough inflows to cover it. Another reason why I would disagree with their decison is that in mass market are huge competitor like Thomas Cook, which could be more appealing to customers, as it is a relatively known name or because they may be able to offer lower prices, this would lead ton o increase in income and would lead to several problems. Overall I think the decison depends on whether the move is affordable as at
This is because the company will need highly skilled workers to maximise production without a large range to choose from. If there are not enough highly skilled workers it can again lead to a lack of productivity and the company may not be able to reach their long term objectives which will require a highly skilled workforce. By constantly monitoring the workforce plan and updating it the company has a better knowledge of what type of employees they need, this can be key due to the lack of skilled professionals because they will not spend money on highly employees who they do not need. One major internal influence is the fact that Cameco work in
The offer should meet the individual needs of each segment. Secondly, the pricing is another problem. The current offer is a monthly fee offer and the fee are very difficult to estimate in the contracting period, so they are frequently under estimated and consequently the contracts are unprofitable and on the contrary many customers consider the price of the service was too high. To define an optimal pricing system, Michelin needs more data on its customer even this could take more time. It demands a large customer database and efficient information gathering and data processing.
Because implementing time-logistics was the sales decline that resulted from “deloading the channel” which could lead to false sense of expected sales and anticipatory inventory. Another defect of time-based logistics is the investment in technology. This investment was not a one-time deal which means the company needs to reinvest to upgrade technology has remained constant from the start. Especially locally owned stores and start-ups did not want it because of the initial investment. 2.
«The challenges of becoming a solicitor are deterring many able candidates from entering the profession». Discuss the extent to which this is true. Several criticisms can be made on how the challenges of becoming a solicitor deter many able candidates from becoming solicitors. The main challenge that put candidates off becoming solicitors are the cost, the increasing university fees does not help. Since 2012 the cost for one year, at university (fees), has been as high as £9,000.
o A tendency to avoid reversing changes even if it was not the best choice o In reality, past expenditures are sunk costs and the organization should use a clean slate to look at new choices, but to the manager, this will come at great personal loss. • This relates to strategy because it is important to understand the effect management has on it. o If a manager will suffer personal embarrassment or a loss by adopting a new (although better) strategy, they are more likely to simply stick with the current course of action. o This can be avoided by assessing and addressing the problems of an organization prior to major investments being made o Implication on strategic choice, as they can act for the betterment or detriment of the organization. o Differences in manager’s preferences are specific to their individual personalities, experiences and situations.
They don’t have efficient control system that can oversee from designing and planning to manufacturing along with suppliers. For example, Dreamliner was aimed to reduce the financial risks involved in a $10 billion-plus project for designing and developing a new aircraft and reduce the new product development cycle time. But with the trouble getting enough permanent titanium fasteners, Boeing has to highly dependent on a few suppliers. This will inevitably increase cost. With bad communication, various manufacturers can’t design a proper software program for test the nose
Is there anything unsatisfactory about it? Could it have been improved upon in some way? Cost-benefit analysis is a legitimate tool, by using the lowest cost to obtain the biggest profit out of it. However, it is unacceptable to sacrifice human life in exchange of paying a lower production costs. Before they made any decision, they should hold an ethical meeting about the improvement of fuel tank, if they would change their mind by paying more then people would not have to die.