The Gilded Age Of The Late Ninetieth And Early Twentieth...

In the late ninetieth and early twentieth century; also known as the Gilded Age, there was a rapid growth in the Unite States’ economy and a large increase in population due to the significant changes made in the industrial industry of the country. The reasoning behind the rapid influx of European citizens migrating to United States was because payment wages in America were dramatically higher than those in Europe and the availability of jobs were also significantly higher as well. All the new immigrants coming in from Europe, the Native Americans, and the African Americans trying to adapt into the labor force of the country were referred to as the â€Å"non-white† category. The changes made in society forced these groups of individuals to assimilate into industrial labor process of America and by adapting to the way of society. Which caused all the minority groups to take away or change their own certain cultural value and ways of life . Being forced to adapt to n ew ways in society is how a country grows and proposers, by living in the country you sometimes have to make certain changes you do not want to make in order to survive in the country. The changes were not made in order to target and attack certain minority groups, but rather to help the United States economy and bring more job opportunities for all the people. Racism and segregation played a big role in the adapting process in the United States economy because the job opportunities provided many new benefits

Lady Macbeth by William Shakespeare - 1086 Words

Shakespeare tragic hero; Macbeth is undoubtedly conveyed as one of literatures greatest fallen heroes. Initially presented as an admirable hero, he self destructs from external and internal forces. The witches ignited Macbeth’s ambition and temptations prove too strong for the one admired war hero, whilst Lady Macbeth prays up on his exceptional being of vaulting ambition. Throughout the essay, the factors influence Macbeth’s downfall will be explored. The witches participate significantly in the ruin of the vulnerable hero, Macbeth. Macbeth indeed was a noble warrior and has been recognize by the king as his â€Å"valiant cousin, worthy gentleman† The word ‘valiant cousin’ is the metaphor uses by Duncan as he reveals his appreciation of†¦show more content†¦Ultimately, vaulting ambition is what brings Macbeth to his greatness, but later ironically turns out to be Macbeth’s tragic flaw itself and indeed considers being the most to bla me for his own destruction. Macbeth himself is capable to distinguish what is right or wrong and even states the possible consequence of his own foul act. â€Å"I have no spur to prick the sides of my intent, but only Vaulting ambition which o’erleaps itself and falls on th’other† Within Macbeth’s soliloquy, Shakespeare’s metaphor enable him to compare the vaulting ambition to a horse that tries to jump too high and falls on the other side of the fence. In fact, Macbeth himself realizes the possible outcome of his own vaulting ambition, however chooses to take the risk and â€Å"jump the life to come’. Along with his vaulting ambition, Macbeth ruins his soul, destroyed his mind and become a butcher. Throughout the play, Macbeth killed off anyone who might have posed a threat to his position and power. He indeed sends murderers after his good friend Banquo, â€Å"Our fears in Banquo stick deep, and in his royalty of nature†¦ and to tha t dauntless temper of his mind, he hath a wisdom that doth guide his valour† Macbeth’s soliloquy reveals that he indeed afraids of Banquo’s ‘royalty of nature’ since he has ‘dauntless tempter’ or courage as well as wisdom that might ruined Macbeth. It is interesting thatShow MoreRelatedLady Macbeth By William Shakespeare1520 Words   |  7 PagesLady Macbeth was not evil she was misunderstood Claim thou art, and Cawdor and shalt be what thou art promised. (Quote) In many of his plays, William Shakespeare portrays women as more virtuous than men. Lady Macbeth, strong ambitious women who’s confidence, faithful and capable of almost anything. For example, in endless love, we notice the endless love they both share for each other, where fate still brought them back together even after all the influences affecting jade’s life, the overpoweringRead MoreMacbeth And Lady Macbeth By William Shakespeare1343 Words   |  6 PagesIn William Shakespeare’s epic tragedy, Macbeth, the concept of the every blurry line between good and evil is shown through the two main characters, Macbeth and Lady Macbeth. This husband and wife duo begins the play as polar opposites. Lady Macbeth’s maliciousness and drive is clear to the audience the first time she steps on stage in Act One Scene Five. She continues on with these same characteristics, yet in the middle of the drama, there is a distinct change in her attitude and overall role asRead MoreThe Ambition of Lady Macbeth in Macbeth by William Shakespeare894 Words   |  4 PagesThe Ambition of Lady Macbeth in Macbeth by William Shakespeare Timothy Leary once said, Women who seek to be equal with men lack ambition (Peters 175). But is this true in the case of the classic play Macbeth? In Macbeth it seems to be, that Macbeth the protagonist of the play is influence by Lady Macbeths ambition. Could this be an exception or was Lady Macbeth lying when she ask to be equal to a man so she could commit the murder (1.5.33.45-61). To understand one must look deeply into theRead MoreMacbeth And Lady Macbeth By William Shakespeare959 Words   |  4 Pagesoccasion. This is clearly illustrated through Duncan s murder in the story Macbeth between the two characters Macbeth and Lady Macbeth. Their responses are shown through their initial reaction to the thought of murdering Duncan, immediately prior to the murder of Duncan, and immediately after the murder of Duncan. Duncan was a kind and good man, and if Macbeth were to kill Duncan, then he would be the bad guy. Macbeth found that there was no reason to kill Duncan other than only for personal gainRead MoreLady Macbeth by William Shakespeare824 Words   |  3 PagesIn Shakespeare play, Macbeth, Lady Macbeth’s character progresses in an interesting manner. Lady Macbeth is made to act as an incentive to Macbeths immoral actions. Even though Macbeth is generally the person to have a final say before killing someone, Lady Macbeth plays the role of his â€Å"sidekick†. She mocks her husband if he worries over a sinful deed (which usually she instructs him to do), saying he would be less of a man if he does not follow through with their plan (I. vii. 56-57). She givesRead MoreLady Macbeth By William Shakespeare1075 Words   |  5 Pages In Shakespeare’s Macbeth, the motif of night is aggressive like the murders they plot and commit. Night dominates day throughout the play since they commit murders which disrupt the natural order of the world. Macbeth â€Å"plays God† by taking someone else’s life and therefore they challenge the Elizabethan order of the world. Acts of chaos, like earthquakes and supernatural events, break loose. Macbeth and Lady Macbeth think the night will cover their treacherous deeds. At first, the idea of murderingRead MoreLady Macbeth, By William Shakespeare Essay1674 Words   |  7 PagesThe obvious reading of this passage would be of Lady Macbeth as domineering and manipulative in pursuit of her own goals. But that reading discounts the loyalty and dedication she has shown to Macbeth and his success. By encouraging violence through questioning his manhood, masculinity and violence become inextricably linked. This connection essentially defines masculinity as violence wit hin the world of Macbeth. The relationship between power, violence, and masculinity alienate women and power andRead MoreLady Macbeth By William Shakespeare1280 Words   |  6 PagesIntroduction Lady Macbeth is a big character one of the most complex characters within the play. She is a mixture of contradictions she is strong, ambitious, ruthless, weak and manipulative to name a few. In the beginning of the play Lady Macbeth is strong, ruthless and ambitious, in Act1 Sc.3. Lady Macbeth s more ambitious urges lead Macbeth to the path of crime. She is cold and nasty; she shows no emotion when she believes both her and Macbeth’s dreams are under threat. Lady Macbeth believes herRead MoreLady Macbeth By William Shakespeare1536 Words   |  7 PagesIn the play Macbeth, the secondary characters such as Lady Macbeth, the witches, and Macduff influence the theme and plot. One of the most influential female characters in the tragedy is Lady Macbeth; she has a significant impact on Macbeth s life. Throughout Shakespeare’s time’s, women were not treated with respect; they were regarded as their husbands slaves. However, this is not the case in Macbeth’s marriageRead MoreLady Macbeth By William Shakespeare1299 Words   |  6 PagesLady Macbeth was not evil she was misunderstood Claim thou art, and Cawdor and shalt be what thou art promised. (Quote) In many of Shakespeare’s plays, he portrays women more honourable than men. Lady Macbeth is one of the main antagonist, she’s a strong ambitious women who’s strives with confidence and capable of almost anything. For example in the winter tale, the main antagonist Hermonie, we can interpret that Hermione patiently despairing the dilemma within the hands of the dominant Leontes

Operations Management & Decision Making-Free-Samples for Students

Questions: 1.Why have the service sectors of most National Economies continued to grow in Importance and how must Operations Management Change in response to this Growth? 2.What aspects of Operations Management are most affected by the increasing Globalization Internationalization of Business? 3.Is it inevitable that in the future nearly all Manufacturing Operations will be performed in low labor Cost Countries? 4.What could be the possible Impacts of Great Britains exit from the European Union and the Implementation of the USAs isolationist policies on global Operations Management? Answers: 1.The service sector is a significant component for the economy of any country. This sector makes a direct contribution to the employment, GDP and provides important inputs for other aspects of economy. Thus, service sector have crucial impact on overall country climate that is an essential element of development and growth. There are some services sectors, like; education, health, water and sanitation industry, are also related to attaining the social development goals. Service sector make a significant contribution to the Gross Domestic Product (GDP) in most of the nations, generating employment opportunities and public services for the countrys economy. This is the most important sector, which is continuously improving the economic performance and offer different export opportunities (Castillo, Flores and Rodrguez, 2014). The service sector is developing with the demands, which are created by the industries to assist its growth, for example, banks require industry for making finan cial transactions. It accounts for a major proportion of GDP in many countries, involving low income nations, where it generates more than 50% of GDP. There are so many factors, which are driving the continuous growth to the service sector in most of the economies. The major factors behind this growth in importance are globalization and rapid changes in technology. Among the major drivers of powerful performance of service sector is the increasing importance of globalization in various services. This globalization is increased the international sourcing of services from international markets (Enderwick, and Enderwick, 2013). Due to globalization, the demand for travel, information and communication services have increased. Thus, information technology has assisted to satisfy this demand of the organizations. Marketing and advertising services are offering assistance to all the areas of economy. Moreover, growth in importance of service sectors can be outlined to the economic growth of community and changes in the socio-cultural environment, which have supplemented it. Changing environmental factors carried out the services in front of the economy. Furthermore, economic affluence is also a key factor for increase in the demand for services. In most of the developing nations, the size of middle income people is increasing fast and the proportion of very poor household is declining. Economic liberalization had a positive effect on the households of these countries (Global Forum on International Investment, 2008). Their income and expenses has been creating the demand for services. The importance of service sector is consistently increasing in most of the national economies, as these services are assisting the countries in expanding their output of services in the fields, where they find a competitive advantage, in this way creating employment opportunities, serving more to Gross Domestic Product (GDP) and producing foreign exchange. The operation management needs to change in response of this growth in the importance of service sector, as it poses various challenges on operation management. Due to globalization, development in the information technology and changing needs and preferences, operation management addressing the quality management and productivity has become very important. So, the operation management needs to improve the services, which are being offered to the end customers (United Nations Conference on Trade and Development, 2013). They need to enhance the service quality, as there are some international players in the industry with similar services. As these services are becoming more global and outsourced, so there is need of greater understanding and knowledge of operation management strategies. It needs to make focus on the effectiveness and efficiency of business processes. This increased globalization impacts the operations strategies of the organization in both the positive and negative ma nner (Kloosterman, Beerepoot and Lambregts, 2015). With the effect of globalization, the companies have changed the ways in which they maintain their operations and processes. 2.Globalization (Internationalization) is an important term that refers to the changes and transformations in the world, where the businesses are shifting from domestic countries towards more integrated globe. Internationalization of business is expanding the operations from a single nation to multiple nations. It is a complex process, in which firms have to work with different culture, environments and government rules and regulations (Russell, and Taylor, 2006). When an organization thinks to expand the business globally, it needs to change its operations strategies and management approaches accordingly. Operations managers have to analyze the different opportunities and challenges, which are present in international countries and implement appropriate strategies. There are various aspects of operations management, which need changes under globalization. There is a great growth potential in the foreign emerging markets that have resulted in intense competition in domestic markets that forces the firms to enhance their operations and expand the business globally (Puig, Marques andGhauri, 2009). There has been development in the foreign demand that requires the grown international network of manufacturing. When the companies go global, Production planning become very difficult on one side and it allows efficient resource utilization on the other side. Moreover, the combination of product designing and development has become critical success factors in high-tech sectors, where the fast production and customization regulate the success in markets. As a result of this, the organizations need to maintain production facilities, resources, production plants and research and development amenities worldwide (Hirst, Thompson, and Bromley, 2015). For exam ple, Apple Computer has developed a global manufacturing with the facilities in California, Singapore and Ireland. It allows the company to launch its new products in other markets, like; America, Asia and Europe. Furthermore, total quality management is also a key aspect, which is affected by increasing globalization. The impact of globalization on quality is dependent on the company (Stromquist, and Monkman, 2014). If the company does not set up an appropriate framework for quality management, then effect of globalization will be negative. Globalization can be very demanding on the company and without having a proper plan; it can create long term issues for the companies. If the companies operate their business with traditional management style and do not incorporate Total Quality Management approaches, then quality of products and services can suffer a loss. In addition to this, it may impact the supply chain management of operations management (Rushton, Croucher, and Baker, 2014). The global market has made the supply and demand more impulsive and very hard to estimate as there is a greater dependence on different firms. The international network is making the supply chain more complex, be cause number of customers, suppliers and plants spread across the world. Thus, increasing globalization affects some key aspects of the operations management of organizations. 3.It is inevitable that in the future nearly all the manufacturing operations will be performed in low labor cost countries. There are so many countries, which have very expensive labor costs, like; US, Australia, Canada etc. Manufacturing services are one of the most important contributors to the economy of a nation, so it is essential to manage the costs and expenses on this service. For developing more profitable manufacturing, countries try to make various efforts and outsource the labor from other low labor countries for their manufacturing process. This process is known as offshore manufacturing, under which the organizations conduct their fully manufacturing in a nation, where raw materials and labor are cheaper than their own country, for exports and finally imports in the home country of manufacturer (Gray, Leiblein, and Roth, 2013). The main countries with low cost labor are Mexico, Bangladesh, Vietnam, Taiwan, Malaysia etc. For a long duration, foreign direct (FDI) has been an important practice among the companies in various countries, so these investments do not seen very remarkable. In the past the companies in United States went foreign to safeguard an international market or to get the raw materials. Now, these companies are using different way to enhance their business operations. They enter in other country to make or purchase the products and deliver them to their home country (Green, Roos, 2012). But, this process is not goof, as it is not improving the domestic production, but replacing it. The manufacturing companies defend this offshoring from foreign market as the single way to deal with the high quality and inexpensive imports. Moreover, they state that shifting to low-cost labor nations, like; Taiwan, Malaysia and Mexico can allow the home country to regain its position in the world. This is not good for the home countries and its people, as it reduces the job opportunities for the people. It can be good for an individual company only, but it affects the business operations by going global. In rush of saving money, the managers in manufacturing generally lose the prospect of higher penalties of shifting to abroad (Harney, 2008). By continuously moving to cheaper labor nations, they are just delaying the inevitable day of calculation, when they should face the phase of business, when they will really need reform. The companies need to go with any other alternative than manufacturing outsourcing, because it will not lead the organizations to net costs saving due to hidden overhead costs. The manufacturers need to understand that it increases the delivery time for the order and affect the operations management of the company (Markides, and Berg, 2017). In addition to this, it also affects supply chain management of the company. These manufacturers think that it cann ot be avoided, but it can be avoided, if they should hire the skilled labor for their business operations at appropriate costs, so that they can promote the domestic business environment and exports. 4.European Union (EU) is a union, which is formed of 28 nations for the objective of making the economic and political decisions simultaneously. Great Britains Exit (Brexit) from European Union was a significant event that affected every area of business in the global market. On 23 June, 2016, 52% people gave vote in favor of decision of Britain to exit the EU (Buiter, Rahbari, Schulz, 2016). The major reason behind this event was to work in future with the sovereignty and freedom, so that they can take major economic and political decisions. Brexit had a large impact on the global operations management, as majorly it affected the supply chain management, distribution and logistics management. These were among experiencing and seeing some of the major shifts and severe impacts as an outcome of departure of United Kingdom from European Union (Dhingra, Ottaviano, Sampson, 2015). According to the Wall Street Journal article, logistics and shipping organizations could be forced to deal with the supply chain interruptions until they will not establish new regulations and trade agreements (Ranchman, 2016). Along with the hindrances in the flow of products, many companies are hoping the surge in retail businesses and manufacturing companies are looking for the support in balancing the new trade reality. This exit of UK was somewhat good for retail and logistics, but only for short term. It has made the nations across the region more closely look like China, Japan and America, because it has made the distribution and shipping operations very complex (Hallam,2017). Global supply chain operations were become more complex, as the distribution channels become restructured and country has imposed more restrictions. In addition to this, UKs exit from European Union forces the organization to change their operations strategies according to new rules and regulations. They face various issues in globalizing their business in international market and operating the business in another country (Hunt Wheeler, 2016). Isolationism is a judgmental term for the traditional policy of Americans of not engaging in long-term and permanent alliances with the other nations. It is done by United States to preserve itself from freedom of action and trusting on the Pacific and Atlantic Oceans for protecting the country. This event of the country also had a great impact on the global operations management. At that time, trade flows are controlled and international investment is also prohibited. Global supply chain that is inherent in the retail businesses are at risks of actions, which may stanch from the isolationist policies. The motto behind this policy was, we will purchase the American and we will recruit the Americans. It affected the global network of business operations in different industries (Kamau, 2017). For example, Wal-Mart has made various changes in its operations management. First the company has changed its strategy to sell American made products to the consumers in the country. It has worked with different universities to bring back the manufacturing jobs in United States. The management also hosted a supplier summit that consists of an open invitation for the suppliers to demonstrate domestic products to Wal-Mart. Companies need to make focus on its supply chain and logistics management (PolkaDots, 2017). In USA, this was good as it enhanced the domestic business and employment. Furthermore, it has a better impact on the global operations management. References Buiter, W., Rahbari, E., Schulz, C., 2016, The implications of Brexit for the rest of the EU, Viewed on https://voxeu.org/article/implications-brexit-rest-eu Castillo, R., Flores, C. and Rodrguez, M., 2014. The relative importance of the service sector in the mexican economy: A time series Analysis.Lecturas de Economa, (80), pp.133-151. Dhingra, S., Ottaviano, G. Sampson, T., 2015. Should we stay or should we go? The economic consequences of leaving the EU. British Politics and Policy at LSE. Enderwick, P. and Enderwick, P., 2013. Some economics of service-sector multinational enterprises.Multinational Service Firms,(London and New York, NY: Routledge, 1989), pp.3-34. Puig,F. Marques, H. andGhauri, P.N. 2009, "Globalization and its impact on operational decisions: The role of industrial districts in the textile industry",International Journal of Operations Production Management, Vol. 29 Issue: 7, pp.692-719. Global Forum on International Investment, 2008, The Contribution Of Services To Development And The Role Of Trade Liberalisation And Regulation, The Organization for Economic Co-operation and Development. Gray, J.V., Leiblein, M.J. and Roth, A.V., 2013. Quality risk in offshore manufacturing: Evidence from pharmaceutical Industry.Quality control and applied statistics,58(1), pp.73-74. Green, R. Roos, G., 2012, Australias Manufacturing Future, Retrieved from https://www.uts.edu.au/sites/default/files/Australia%27s_Manufacturing_Future.pdf. Hallam,N, 2017, Analysis- What Impact will Brexit have on Supply Chain Operations, Retrieved from https://www.supplychaindigital.com/scm/analysis-what-impact-will-brexit-have-supply-chain-operations. Harney, A., 2008, The China Price: The True Cost of Chinese Competitive Advantage, Penguin Publications. Hirst, P., Thompson, G. and Bromley, S., 2015.Globalization in question. John Wiley Sons. Hunt, A. Wheeler, B., 2016. Brexit: All you need to know about the UK leaving the EU. BBC News, 24. Kamau, 2017, The Impact of Isolationist Trade Policies on Retailers and the Communities they Serve, Harvard Business School. Kloosterman, R.C., Beerepoot, N. and Lambregts, B., 2015. 2 Service-sector driven economic development from a historical perspective.The Local Impact of Globalization in South and Southeast Asia: Offshore Business Processes in Services Industries,149, p.17. Markides, C.C. Berg, N, 2017, Manufacturing Offshore Is Bad Business, Harvard Business Review. PolkaDots, 2017, Wal-Mart in the Face of Isolationism, Retrieved from https://rctom.hbs.org/submission/walmart-in-the-face-of-isolationism/. Ranchman, G. 2016, Brexit and the making of a global crisis, retrieved from https://www.ft.com/content/5490d754-3a0e-11e6-9a05-82a9b15a8ee7. Rushton, A., Croucher, P. and Baker, P., 2014.The handbook of logistics and distribution management: Understanding the supply chain. Kogan Page Publishers. Russell, R.S. and Taylor, B.W., 2006. Operation Management: quality and Competitiveness in a Global environment.Hoboken: John Wiley Sons. Stromquist, N.P. and Monkman, K. eds., 2014.Globalization and education: Integration and contestation across cultures. RL Education. United Nations Conference on Trade and Development, 2013, Global importance of services. Retrieved from https://unctad.org/en/conferences/gsf/2013/pages/importance-of-services.aspx.

Loctite Case for Understanding B2B Essay Example

Loctite Case for Understanding B2B Essay In 1953, Professor V. Krieble retired from the Department of Chemistry at Trinity College in Connecticut and began experimenting with various compounds. One ofhis patented inventions was an unusual anaerobic-a chemical that remains in a liquid state while exposed to air but turns into a tough, binding solid in the absence of air. This chemical, which he called Loctite, would lock nuts and bolts against loosening from vibration. In the beginning; no one believed that a liquid could do the job that Loctite was claimed to do. But it did, and the result was phenomenal. Today Loctite offers a series of amazing chemicalsthat keep metal assemblies together. These compounds can and do replace lockwashers, gas~~ts, tape, rivets, screws, and other mee chanical fastenerS. The adhesives and sealants the company offers rely on the fourth generation of This case is based in part on a longer report developed in 1991 by Ramune Kubiliunasat The Freedonia Group, Cleveland, Ohio. It is also based on various Loctite publications, including annual reports, product brochures, catalogs, and journal articles. This version was developed by An GASKET SEALANT GUIDE Import OE Endorsed Non-Hafdening Formula 19971 81998 t/ t/ t/ t/ t/ t/ t/ t/ t/ II t/ t/ .. Hardening Formula Threa Sealant Positioning t/ t/ , t/ t/ t/ For Gasket . t/ 400Â °F t/ t/ t/ 400Â °F t/ t/ t/ 400Â °F t/ t/ t/ t/ 350Â °F t/ Gasket Sealant Temperature Range t/ 600Â °F t/ t/ t/ 400Â °F II t/ 300Â °F t/ t/ 450Â °F t/ tI Withstands Sensor Safe High Pressures Source; Loctite Auto p. 4. + Consumer Group Product Catalog 1992 (Cleveland~ Loctite Corporation) .1 ~ CASE8 . LOCTITE 4! s- 701 anaerobics to provide very strong bonding. We will write a custom essay sample on Loctite Case for Understanding B2B specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Loctite Case for Understanding B2B specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Loctite Case for Understanding B2B specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The compounds span a range of functions and perforin wt;ll under adverse conditions in industrial, automotive, and consumer applications. Loctites corporate strategy is research, diversification, and marketing within itsskiijs; it is devoted to its fiunily of specialty chemicals and will not eQter , (see lExhibit 1 for details). About 25 percent of Loctite is owned by Henkel (Germany). CORPORATE STRATEGYAND TACTICS Between 1985 and 1990, Loctite experienced excellent growth; sales grew at the rate of 17 percent per year and net income at 25 percent per year. The company is dedicated to inaintaiiling this pace with a group of loyal employees around the globe. Indeed, Loctite benefited from being in foreign marketS; today it derives 60percent ofits sales from outside the United States. Loctite expects its future growth to come from expansion beyortd North America and Europe. It also plans to expand into electronics and medical markets, beyond its current emphasis on general industrial, automotive, and household applications. Loctite may make selected acquisitions in the futUre, but into unrelated fields. . The (:ompany began teSt marketing its first productS in the mid-1950s and was granted its first patent in 1959. Sales reached n million in 1961. In i963, the company changed its name from American Sealants to Loctite. In the early 19708, the company acquiredPermatex, a famous name in automotive cements, :qid Woodhill Chemical, a marketer of househOld chemicals. Expansion continued based on internal growth, and the company has been highly successful in terms, of sales, net income, arid other indicators. Loctite joined the elite tanks of the Fortune 500 in 1990 EXHIBIT1 Loctite Rankings in the Fortune 500 Fortune mag3zine tanks the largeSt 500 Americart industrial companies by sales volume for the prior year. Fortune alsOtanks the 500 companies by selected financial results and stock market performance. Shown below are the comparative rankings for Loctite Corporation among the FortUne 500 companies. . Sales Profits Assets Stockholders equity Market value (318191) Profit as a percent o f: Sales Assets Stockholders equity $576. 4 67. 4 489. 3 320. 2 1,257. 9 11. 9% 13. 8% 21. 1% $1. 86 22. 8% 10. 9% 30% 17% million million million million Rank 486 242 422 317 201 Rank 32 30 74 Rank not calculated not calculated 101 Rank 30 116 Earnings per share: 1990 % change from 1989 1980-,. 1990 annual g1:Owthrate % Total teturn to investors 1990 1980-1990 anrtual growth rate . , Source: fortune, April 22, 1991, p, 305. Par~ ~ 704 CASE 8 . LOCTITE global level. The consumer market is doing well despite the tecession in the United-States, led by the single biggest produ,ct, Super Glue, in all its various package formats. The automotive aftermarket is especially big in the United States; but Loctite hopes to expand its sales abro1! d. MARKETINGSEALANTS As in adhesives, in thesealant market Loctite follows a policy of reaching bOth industrial users and households (the do-it-yourself market). In the industrial sector ~tsare used mostly in construction:, followed by other industrial segments and the automotive sector; percentage distribution in the United States is about 50, 25, and 25 percent, respectively. In construction, the sealants are used both in new buildings and for m~tenance and repair of . existing buildings of all kinds. In automotive manufacturing, the compounds are used in structural sealing applications. Silicones can replace gaskets, and SYnth~ticrubber sealants are used to seal out moisture and -diri:About 20 , , pounds of sealants are used. in thepI:oduction of a medium-size car, a ~gure bound to rise as p~tics substitute for metals. Other industrial applications include aircraft, rail, and marine equipment and other manufactured products, ranging from electronics to tluid power equipment (including professional maintenance and repair of such items). While industrial users are the proving ground for high-performance sealants, these coni. , ical assistance in the form pf charts, tables, and . other how-to advice. See EXhibit3 for a typical matrix showing which sealant to use in which ap- plication. , Loctite seeks to motivate both its employees and its distributors. , Company personnel are intimately involved in developing catalog items and in fo~mulating promotional campaigns. There are seasonalvariations in terms of what will be promoted and with what kind of theme, bonuses, and other forms of incentives offered to dealers. Recentlythe company featured T-shirts, jackets, videotapes, and other items as rewards. Loctite believes in marketing just the I1ght product for the job, so it offers detailed, assistance and advice to its managers, dealers, a,nd ultimate users. The automotive after~arket ca~og now carries dozens of items in the sealant-category alone, with specific applications pinpointed in great detail. As noted earlier, there is a possible danger of product proliferation, but Loctite knows both the garage mechanic and the do-it-yourselfer well. QUESTIONS 1. How can a company survive by relying basically on a single technology, a single family of specialty chemicals, and a commitment to diversifying only within this core business? . Loctite is stressing growth in special niche markets and in moving aggressively in foreign marketplaces. What information do you think it is using to identify fast-growing markets? 3. Loctite has proven to be knowledgeable about its distributors and how to merchandise adhesives and sealants to them. Evaluate Loctites merchandising program. 4. What would y ou include in internal memoranda to employees and in letters sent to outside distributors and dealers to keep them motivated? Would you use similar incentives and rewards? ounds are also used widely in the automotiveaftermarket and by, households. For such markets, Loctite packages its, products in various kits for specialized applications. The merchandising of the product line, in all its variety, is aggressive, relying on quantity and special discounts plus offers of various inceritive plans to a wide range of , intermediaries: warehouse distributors, jobbers, and dealers. But Loctite could not achieve success by promotion alone. Accordingly, it extends tech-

Saving Private Ryan Essays (970 words) - English-language Films

Saving Private Ryan Saving Private Ryan is a movie that generates strong responses from most people that see it. While interviewing four individuals and reading three movie reviews, I found that each of my subjects would recommend it, not one of the individuals interviewed felt the violence was senseless, and all of them left the movie with a strong emotional response of some kind. It appears that Saving Private Ryan is the kind of movie to which many can relate. Saving Private Ryan is not a romantic, feel-good movie, but it is probably one of the best movies released this year. It is without a doubt one of the most realistic films produced. Each person that I spoke with, and all three of the internet criticisms that I read voiced positive opinions about this movie. It has different types of entertainment for all kinds of viewers. It has elements of violence, patriotism, sentimentality, and heroism all rolled into one film. All of my subjects, including the internet critics, feel that Saving Private Ryan will receive many awards, and that it is a credit to Steven Spielberg as a director. When asked if they would recommend the film to another each of my interviewees responded positively. One widely talked about part of this film is the huge degree of violence. In this case however, contrary to the usual attitudes, the violence is not described as senseless or excessive by anyone that I spoke with. This movie is obviously set against the backdrop of World War II, beginning with D-Day and the battle of Omaha Beach. The killing appears to be overdone as the young men step off the transport boats only to be killed one after the other, but when consulting the history of this battle, it is almost exactly how this battle took place. The beaches were indeed covered with bodies, and the water was red with the blood of the slaughtered soldiers. The recreation of this battle by Steven Spielberg has succeeded in bringing this war, this battle in particular, out of the history books and into larger than life color on America's movie screens. Everyone I interviewed already knew of the terrible acts of the Germans during World War II, but hey had not, however, ever really been able to comprehend the degree of loss that many families experienced. They had also never really been able to picture the battles of the soldiers themselves in quite the detail that Saving Private Ryan provided them with. This is one movie that should not be negatively reviewed because of the degree of violence. Saving Private Ryan is about a horrible war, that took place because of a madman's craziness, and this war was an ugly thing that happened very much like this movie portrayed it. The continuous gore is difficult to watch at times, but leaves the viewer with a greater appreciation of their nation's military, and the sacrifice of the soldiers who serve willingly. It is clear that above all else, Private Ryan is intended to create an awareness of the sacrifice of the soldiers that gave their lives during World War II. In doing that, Steven Spielberg very successfully in brings out intense emotions in the spectator. While this movie had a great deal of violence that was sometimes difficult to watch, the sheer sentimentality behind the mission of the soldiers who have to find Private Ryan and bring him back was heart wrenching to say the least. It would take a cold-hearted individual indeed to feel no sorrow for the pain of the mother of Private Ryan when the military officials arrive at her home to tell her that three of her sons have been killed in battle. The way she falls to her knees on the porch and begins sobbing at the sight of the military vehicle is without a doubt a mirror of any mother's reaction to the same situation. Simply said, the moviegoer feels her pain. Even the hard-core attitude of the soldiers during the capture of the Ger man soldier that has just shot their friend, the medic, brings on conflicting emotions. The German, while digging graves for the dead American soldiers, pleads for his life, insults Hitler, and

Free Essays on Our Vintage Beach House

Our Vintage Beach House, The Flower Pot Our families’ beach house, known as the Flower Pot, evokes a lot of feelings for my family and me. This house is located on St Andrews Bay in Panama City, FL. It was built in 1934 on a historic Indian mound. This house is a one story, painted wood cottage with a tin roof. It has a big wrap a around front porch that is fully screened overlooking the bay. The Flower Pot has been preserved with a few minor updates so that our family can experience the house as it was intended when it was built. There are elements of the house which challenges our comfort level often. The interior of the house is not centrally heated or air conditioned. In the summer, it is very humid and causes one to break a sweat often. Ceiling fans are in every room, some cool better than others. Many times I have gone to sleep sweating and awaken in the middle of the night searching for blankets. There are also many sounds that come from the house. Because of the need for air circulation, the windows are always open. Latches on screen doors are the only security devices and because of this the house can be frightening. The doors will slam against the wall as the winds get stronger over the night. The old wood floors creak throughout the night and the ceiling fans make an awkward noise as if they are coming out of their hinges. All these sounds together make it very hard for a visitor to sleep in peace. All these hindrances that come with the house are worth it, and I have learned to love them. My favorite part of the house is the big, wrap around porch overlooking the bay. Nothing is better then sitting there and watching the sunset over the bay while the breeze is slowly going through your hair. It is very spacious with many chairs making it the place everybody wants to be for an event. There has been so many cook outs, game viewings, and poker games that have taken place out on the porch. There are al... Free Essays on Our Vintage Beach House Free Essays on Our Vintage Beach House Our Vintage Beach House, The Flower Pot Our families’ beach house, known as the Flower Pot, evokes a lot of feelings for my family and me. This house is located on St Andrews Bay in Panama City, FL. It was built in 1934 on a historic Indian mound. This house is a one story, painted wood cottage with a tin roof. It has a big wrap a around front porch that is fully screened overlooking the bay. The Flower Pot has been preserved with a few minor updates so that our family can experience the house as it was intended when it was built. There are elements of the house which challenges our comfort level often. The interior of the house is not centrally heated or air conditioned. In the summer, it is very humid and causes one to break a sweat often. Ceiling fans are in every room, some cool better than others. Many times I have gone to sleep sweating and awaken in the middle of the night searching for blankets. There are also many sounds that come from the house. Because of the need for air circulation, the windows are always open. Latches on screen doors are the only security devices and because of this the house can be frightening. The doors will slam against the wall as the winds get stronger over the night. The old wood floors creak throughout the night and the ceiling fans make an awkward noise as if they are coming out of their hinges. All these sounds together make it very hard for a visitor to sleep in peace. All these hindrances that come with the house are worth it, and I have learned to love them. My favorite part of the house is the big, wrap around porch overlooking the bay. Nothing is better then sitting there and watching the sunset over the bay while the breeze is slowly going through your hair. It is very spacious with many chairs making it the place everybody wants to be for an event. There has been so many cook outs, game viewings, and poker games that have taken place out on the porch. There are al...

Political parties Essay Example | Topics and Well Written Essays - 750 words

Political parties - Essay Example Furthermore, essay identifies how the contrasting positions are related to the political ideologies. Analysing Differences and Similarities. Political system of the US government is predominately associated with the concept of two party system .The Democrats and the Republicans are the two major political parties dominating the US political system over the last few decades. On the other hand, the minor party such as the Libertarian have limited scope and role in the political system of the US. The Democrats in the US expresses a strong belief towards the importance of the environment which could lead to a strong economy. The Democrats claim that a reliable energy which is derived from the environment is an important reason for the growth of a strong economy. The Democrats are of the view a healthy environment can lead to a healthy economy. The Democrats are dedicated to the welfare of next generation and thus are committed towards providing renewable sources of energy. The Democrats considers climate change as threat to national security and thus justifies the funding of the government in the technologies for clean environment. Moreover, the issue regarding the greenhouse gas emission is being considered by the Democrats as one of the pivotal issue for achieving the goal of clean environment (Klevans 1-12; Dunlap, â€Å"Climate-Change Views: Republican-Democratic Gaps Expand†). The Republicans is the another major political party of the US, The Republicans places less attention on the aspect of climate change. The Republicans believe that the environment safety is related to the moral obligation of the people. It is worth mentioning that the Democrats places greater importance on environment issue than the Republicans. Moreover, both the parties namely the Democrats and the Republicans used â€Å"all-of-the -above† environmental policy with few key