Presented in the argument above, the author claims that a new store should be built in Plainsville. The argument seems at first glance to be a reasonable decision. After a careful inspection, however, one will find that it suffers from several critical flaws as follows, rendering it logically unconvincing as it stands. The threshold flaw with the argument is that the author unfairly assumes residents in P (Plainsville) do highly concerned with leading healthy lives, upon which he finally draws his conclusion. Although the author offers several facts, which seems to be compelling to substantiate his conclusion, these facts actually lend little credence to the author’s claim after close scrutiny.
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
Consumers could decide the purchase separate appliances instead of choosing the all-in-one. Our product is convenient, efficient, and cost effective. However, three separate machines could, in theory, do what our machine does. Customers could already own the three separate machines and decide not to spend money on a new gadget unless they need to replace something. There will be a higher marketing cost associated with this product in order to educate the consumers on the benefits of owning the product Because the customers could already own a toaster, microwave and convection oven, they won’t immediately understand the benefits of an all-in-one product.
From cost structure perspective, the goal of the Company is to generate expense leverage (lower expenses as a present of net sales). Additionally, the Company implements certain new systems which will provide opportunity for future expense leverage. The purpose of WIN strategy was to increase the operating profit of the existing store base. And lately in 2009 they added new store growth. In 2011 the Company began expansion to Canada.
Walgreens Essay Anita Henderson BUSS460 Rich Rawlinson March 7, 2010 In his popular book about business, Jim Collins discusses ways businesses can improve their performance, making a good company a great one. This paper discusses these concepts in regard to Walgreens. Walgreens is a great company to shop for a numerous of items, but the pay scale is downgraded for the amount of business that it produces. Collins begins by dismissing a number of “myths” about what has to happen in order for a company to effect change. The myths are as follows: first, there is the “Change Program,” the idea that all change begins with some sort of “launch event” (Collins, 2001).
Moreover, a belief that people have a moral obligation to do the “right” thing leaves little room for compromise. Sometimes peer and management do not always what to do what is “right.” The person who does is mocked and their peers become jealous of them. In today’s society, ethics and one’s personal values diminish more and more with each passing day. In my view, the Kudler Fine Foods (KFF), needs to continue to be more diligent in detailing the type of actions they plan to initiate and the expected outcomes for potential result. An important feature for keeping a company up is being aware of the competition factor.
Stephen Castles makes a number of arguments in his article, The International Politics of Forced Migration, however I will be focusing on one. I will focus on his argument that policy makers have implemented policies that attract mainly high skilled workers, and are unwelcoming to unskilled workers and their families. I agree with the Canadian immigration policy which favors highly skilled workers and consider it an essential tool for maintaining Canada’s economic growth and prosperity. Further,
If the group does not agree with the headman as a group they will deliberated and come to a consensus. Reciprocity is the mutual exchange of goods. The exchange of goods between kin is good because foragers move frequently and are unable to store food and must consume them rapidly to avoid spoilage. San believe in generalized reciprocity; they give with no expectation and believe that down the line things will even out. According to the text, “generalized reciprocity is based on socially recognized family and kin relationships” (Nowak & Laird, 2010).
CANADA By Clark MacLean and Ryan Murphy The business world today is becoming more and more dependant on the goods and services of other countries. With the high amount of buying power the developed countries hold it is easy to get products at the lowest price. Canada’s low pricing has created a large amount of demand. The large amount of demand has stimulated the Canadian economy by allowing to people to purchase more goods with the same amount of money. This in turn has caused companies to increases their supply in order to keep up with the demand of the economy.
What relationships did you find between the Tip of the Iceberg system dynamic and business situations? The relationship that I found between The Tip of the Iceberg and business situations is that many business leaders just use reinforcing processes in their companies, which for certain time can be positive (virtuous circle) but also can collapse, meaning be negative (vicious cycle). In the beginning of the story, penguins entered the positive cycle of reinforcing process, appealing more and more new comers to their iceberg. This also happens with most of the new opened companies, they just grow for some time until they reach certain limit which doesn’t let them grow any more and which is the negative cycle of the reinforcement process. Business leaders do everything possible that will lead them and the company to success.