Stanley Black and Decker Essay Example

Stanley Black and Decker Essay Madison Avenue New York, New York April 24, 2010 John F. Lundgren President amp; Chief Executive Officer Stanley Black amp; Decker 1000 Stanley Drive New Britain, CT 06053 Dear Mr. Lundgren, In response to your request, an evaluation of your firm, Stanley Black amp; Decker, was conducted to determine the strategic issues and problems within and surrounding your firm. This consisted of a review of the external environment, a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis incorporating identification of factors which drive the business, a determination of the company’s financial condition and performance, and consideration of ethics and social responsibility. Please find attached for your consideration a copy of my Business Report containing discussion of the preceding, as well as numerous conclusions and recommendations with justification. The principal recommendations for your firm are as follows: Short term recommendation 1. Shut down the power tool business 2. Expansion in security segment, especially health care product line 3. Decrease dividend-payout-ratio Long term recommendation 1. Create a marketing team with CRM members which will interact and develop relationship with Home Depot and Lowes, so that better and more shelve space can be acquired in the stores. 2. The merged company can ask for higher discounts for procuring raw materials 3. Improve after sales customer support service In the event you have any questions in this regard, please do not hesitate to contact me. Very truly yours, Rana Nayak We will write a custom essay sample on Stanley Black and Decker specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Stanley Black and Decker specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Stanley Black and Decker specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Senior Business Analyst Statement of Recommendations Short-term 1. Create a marketing team with CRM members which will interact and develop relationship with Home Depot and Lowes, so that better and more shelve space can be acquired in the stores. 2. To attract female customers, manufacture the consumer tools with appealing colors like green or pink. Also make these products lighter and ergonomic. 3. Form a division in the company to handle lawsuits filed against the company. The expenses have to be reduced as litigation expenses are substantial. 4. Employ Asian managers to carry out operations in Asia. . The merged company can ask for higher discounts for procuring raw materials 6. Design better packaging for attracting customers at retail stores like Home Depot and Lowes. 7. Advertise on TV Shows. 8. Improve customer service for after sales. 9. Do not shut down any plant in China. 10. Create a market research team to research about the tool industry in Asian Markets. 11. The compan y should design products for international market 12. Use the Black amp; Decker distribution system in the U. S markets to expand Stanleys product line in the retail segment. 13. Start Point-of Sale data collection 4. Set up a showcase office in New Delhi, India. Long-term Recommendations 1. For the segments of Convergent Security Solutions, Health care Solutions and Mechanical Access Solutions the company should maximize their investment and also try to seek market dominance since the market is growing. 2. Shut down the power tool business. 3. Cost containment and the Security segment continue to be bright spots. 4. Moodys has downgraded of StanleyBlackamp;Decker ratings to Baa1. Pay off some debt by reducing dividend payout ratio. 5. Decrease the underfunded debt obligation of $412. million for Stanley Works 6. The cost of production can be decreased by adopting economies of scale. 7. Procurement units can be moved closer to manufacturing plants 8. Invest in Ramp;D 9. Joint venture with â€Å"Future Group† in India to attain shelf places in the biggest retail chain stores. 10. The markets in India and China will be only targeted in the Industrial amp; Automotive and Security business s egments. 11. Open new service centers where products can be repaired and refurbished products should be sold at the same centers instead of Home Depot or Lowes. 2. The material facilities not being used by the company can be sold or leased to other companies. 13. Invest in Training 14. Implement SAP throughout the company. Remote/External Environment a) Economic Factors CDIY amp; INDUSTRIAL The hand tool industry is dependent upon the residential and commercial construction and home repair and renovation industries. The economic recession in the early 2000’s declined the demand in commercial and industrial sectors. However, growth in housing sectors has helped in sustaining the industry. In 2005, the hand tool industry sold $1. 4 billion but in 2006 it dropped down by $100million. Despite a sluggish economy in the early years of the first decade of the 2000s, the climate for hand tools remained positive. Extremely low interest rates caused a surge in new housing starts from 1. 2 million in 2000 to an estimated 1. 6 million in 2003. While residential construction boosted sales among professionals, consumer uncertainty about the economy, as well as the war against terrorism in Iraq and Afghanistan, caused a trend toward nesting. Home improvement and DIY projects rose as people postponed travel and other major undertakings, thus driving the consumer hand tool market. The power tool or pneumatic tools and fasteners include nail guns, staplers, nails and staples that are used for construction, remodeling, furniture making, pallet manufacturing and other applications involving the attachment of wooden materials. Industry growth depends upon increased expenditures in the ho me improvement, home repair and maintenance, and residential and commercial construction sectors. By 2005, increased purchases by women, who were tackling more DIY projects, also drove sales and demand for lightweight, easy-to-use designs. On the other hand, the global recession of 2008-09 had a huge impact on the housing industry. New housing starts reached an unprecedented low of just 494,000 as of May, 2009, which was down nearly 13% from just the previous month. This in turn severely impacted the financials of the major industry players, such as Black amp; Decker, who saw sales of their power hand tools drop by more than $800 million or 23% compared to the previous year. The industry shipped products valued at $1. 3 billion in 2006, which represented a drop from the $1. 4 billion shipped in 2005. However, according to The Freedonia Group, industry growth in the mid to late years of the first decade of the 2000s was projected to be driven by powerful, high-end tools and the continuing proliferation of cordless products. Professional buyers were anticipated to continue to generate more revenues than consumers, but in the DIY market overall growth was expected to outpace professional sales. SECURITY The company provides extensive suite of mechanical and electronic security product system and a variety of security services such as security integration system , software related installation, maintenance, monitoring services, automatic doors, door closers, exit devices, healthcare storage and supply chain solutions, patient protection products, hardware and locking mechanisms. A substantial portion of company’s products are sold to home centers and mass merchants in U. S and Europe. Security products are sold on a direct sales basis and in certain instances through party distributors. Despite the trend towards customer consolidation, the company has been able to make diversified customer base and has decreased customer concentration risk over the past several years. The sales from continuing operations in markets outside the home centers and mass merchant distribution channels have grown at a greater rate through combination of acquisitions and other efforts to broaden the customer base primarily in Security and Industrial segments. Porters Five Forces The threat of substitute products or services: Construction amp; DIY Low The hand tools industry is saturated with numerous small and large companies producing hand tools which include measuring and leveling tools, planes, hammers, demolition tools, knives and blades, screwdrivers, saws, chisels and consumer tackers. The tools are considered as commodities. Consumers are looking for products at better pricing. Local companies are producing these non-powered tools which are less priced as consumers are not concerned for quality. This is true for US, European and Asian markets. Pneumatic tools and fasteners include nail guns, staplers, nails and staples that are used for construction, remodeling, furniture making, pallet manufacturing and other applications involving the attachment of wooden materials. Industrial – Low There are no substitute products for industrial segment as tool will always be required in this segment. Only innovations can be done which can be counted as a competition. Security – Low Threat of substitutes in this industry is low as there are fewer chances of customers going for something that is second best as far as security services are concerned. The threat of the entry of new competitors Construction amp; DIY The growth in the commercial construction has made up the decline in residential construction last year but now that it is also slowing down the outlook for professional power tools is looking gloomy in the U. S. The threat of new competitors is low as the industry has already multiple established companies providing a wide range of hand tools and power tools to consumers. Industrial The Stanley works industrial segment faces an intense competition because there are many manufacturers of industrial products. Each company wants to achieve competitive advantage over other in terms of quality, technology, price, distribution and brand/image reputation. They would face competition not only in terms of similar products but also products that can be used as a substitute for its products. The primary competitors include SK Tools, Multi-power Tools, Bosch etc. Security The security industry is a commodity industry. Growth in this industry is related to the growth of the housing and construction industries. The North American and European markets are already mature, while the emerging markets of Asia and Latin America have strong growth potential. Companies compete aggressively on price, quality, after-sales service, manufacturing efficiency, and supply chain management. Companies tend to spend their advertising dollars on trade shows, trade publications, magazines and newspaper advertisements, and in-store displays. Threat of Entry LOW The barriers to entry within this industry are moderate to low due to brand preferences and customer loyalty towards the larger and more established rival companies. Other obstacles to new entrants include strong brand loyalty to establish firms and economic factors, such as requirement for large sources of capital, specialized facilities, and the technology and manufacturing plants. In addition, the accessibility of distribution channels can be difficult for an unknown firm with little or no brand recognition. Since there are several competitive forces in this industry, it is a difficult industry to penetrate in and be competitive. The entry barriers are high in this industry. There are already a lot of competitors in this industry and they can it difficult for a new entrant by using price cuts, increased advertising, product improvement, and promotions. Supply side economies of scale: Since companies produce large volumes then can capitalize economies of scale this can deter companies from entering the market because either they have to enter in large scale or assume a cost disadvantage. Unequal access to distribution channels: New comers will not have the same kind of access to distribution channels which is their main source of customers. The intensity of competitive rivalry In hand tools, with 50,300 employees and sales of approximately $12. 7 billion in 2008, Danaher Corp. of Washington, D. C. was the industry leader. Danaher expanded by merging with Chicago Pneumatic Tool Company, Acme-Cleveland Corporation, Pacific Scientific Co. , and Joslyn Corp. According to the International Directory of Company Histories, in 1994 Danaher Corporation was recognized as the worlds largest producer of drill chucks, the countrys largest producer and marketer of Swiss screw machine components, and the leading automotive tools supplier to the National Automotive Parts Association (NAPA) and Sears. In the power tools segment, the major industry players are Milwaukee, Makita, Stanley and Black amp; Decker. The bargaining power of customers (buyers) Construction amp; DIY High The bargaining power of buyers is high because as availability of professional segment tools, the products under Do It Yourself segment have become commodities. Hence consumers prefer better quality along with better pricing. Buyers switching cost have become low also as the tools from different companies are available in outlets like Sear, Kmart, Wal-Mart. Hence the bargaining power of buyers is high as all the power tools have more or less same design and serve same purpose. Industrial High The power of buyers is relatively high because for Industrial segment they have two types of customers. i. e. Direct Sales Customers and Retailers/Distributors. The consumers to whom the products are sold directly purchase the products based on their requirements, and price. In case of retailers/distributors they purchase the products in large quantities, which gives buyers substantial leverage over price. There are many manufacturers available in this industry that also provide the same products at very competitive prices. And the customers who buy these products have no switching costs, hence their bargaining is high. For e. g. during economic instability customers are reluctant to spends their money on very expensive or branded products instead they will choose to buy the products which gives them the work at a lower price. Security High Although the company has an established brand in the field of security tools it’s customers have a wide variety of options to choose from. With increased completion from private label brands the customers have high bargaining power. The bargaining power of suppliers Construction amp; DIY Low The bargaining power of suppliers is LOW because, multiple vendors are available for raw material procurement. Industrial Low The suppliers to the Stanley Works are producers/ distributors of ferrous and non-ferrous metals including, but not limited to steel, aluminum, zinc, brass, copper and nickel, as well as resin. the Company uses other commodity based materials for components and packaging including, but not limited to, plastics, wood, and other corrugated products. The raw materials required are procured globally and available from multiple sources at competitive prices. The Stanley Works can obtain these products at a very cheaper rate as there are many sources available. Hence in this case the bargaining power of suppliers is less. Bargaining power of suppliers – low The raw materials required are produced globally and are available from multiple sources at competitive prices. The company does not anticipate difficulties in obtaining any raw materials or energy used in production process. Hence the bargaining power of suppliers is very low. Social Factors CDIY amp; Industrial Professional power tool users include construction workers, electricians, plumbers, repair and maintenance workers, auto mechanics, and manufacturing workers. They are very conscious of quality and features and tend to buy only those tools that are durable, functional, dependable, and capable of precision. They purchase tools through jobbers, contractor supply firms, industrial supply house, building supply centers, and some home improvement centers. The industry is growing as the world population grows rapidly. In U. S. A. , real GDP grew at an average annual rate of 4. 1 percent from 1995 to 2000 compared with 2. 7 percent from 1987 to 1995. Private wage and salary disbursements increased as GDP grew. Key product trends, such as ergonomic designs, added features, and improved battery performance, influences current product development. Fastening and assembly is one of the few areas in manufacturing where things are continually moving fast. No longer can the design and cost of fasteners be viewed outside of the manufacturing process. The design of the fastener and its impact on production costs and product development process must be taken into consideration, rather than treated as piecemeal. Security Security is a multibillion-dollar industry, consisting of a diverse group of corporations that supply personnel and products designed to protect public and private property and individuals from a variety of problems such as theft, arson, and personal attacks. Services include security guards, private investigators, and consultants. Products range from armored cars to X-ray scanning devices to bank vaults. In addition, an area of significant growth and importance for the security industry in the early years of the first decade of the twenty-first century was securing intangibles, in particular intellectual property, computer-stored information or data, and computer networks. Throughout the world, it was an especially important industry in view of real and assumed threats to national security, petroleum pipelines, nuclear power plants, and the global economy, among others. Political Factors Power tools are subject to various safety and environmental laws and regulations. There are several accidents that can involved power tool. Power tools can pose electrical hazards, fire and explosion hazards, projectile hazards, cuts, abrasions, and amputation hazards, ergonomic hazards and noise hazard. Power tools are regulated by the Occupational Safety and Health Agency, Underwriters Laboratories Inc. , and CSA International. For both retail and professional power tools, they can both be dangerous if they are not used properly but for more so for professional because they are used on a daily basis. A major risk faced by professionals that use power tools is the Hand Arm Vibration Syndrome which is a collection of disorders caused by overexposure to vibration of portable power tools. Regulations have been put in place by OSHA that makes employers responsible for the safe condition of tools and equipment used by employees. A risk that is faced by both retail consumers and professionals is loss of hearing; power tools can generate noise levels that can exceed 85 dBA when that occurs users should wear hearing protection. In recent news, the Government Accountability Office has been asked to investigate OSHA’s reporting on work-related injuries and illnesses. This would affect the power tools because stricter regulations can be put in place that would affect the design and production of power tools. Industrial Fastening System Increased sales of Japanese automobiles affected the operation of both OE and aftermarket parts manufacturers. Because most Japanese aftermarket parts were furnished by Japanese OE suppliers, the volumes of replacement parts for domestic parts suppliers dropped as Japanese vehicles increased their market share in the United States. Foreign vehicles manufactured in the U. S. had significantly fewer domestic suppliers than Big Three’s cars. At the request of U. S. suppliers, the FTC began an investigation of alleged antitrust violations by Japanese auto producers in the U. S. As a result, the U. S government forced Japanese automakers to increase their purchasing volume from domestic suppliers. Congress instituted the Fastener Quality Act in 1990 due to the scandal of unqualified fasteners. The strict standards spurred the fastener industry to upgrade its competitive ability more over than foreign competitors. In June 1999, the U. S. fastener industry got its wish when President Clinton signed a series of amendments on the FQA, in an effort to make legislation less burdensome. Supporters of the amending legislation claimed that it shifted the policing focus from government mandated regulations to more â€Å"preventive measures. † The new legislation also recognized decade long industry improvements in quality control and eliminated test performances at government-approved facilities. Plumbing Workers safety measures were gaining fast popularity. Even government and individual chapters were getting involved into it. In response to the same, Black amp; Decker Hardware and Home Improvement group’s Kwikset facility in Denison, Texas became an OSHA (Occupational Safety and Health Administration) Voluntary Protection Program star facility in 2006. There were specific rules for designing and manufacturing plumbing products laid down by the government as well as other chapters. Price Pfister products in plumbing industry are designed and manufactured in compliance with the standards and codes of Federal specification, American National Standard, Uniform Plumbing Code, Federal Energy Policy Act, California Energy Commission and the Canadian Standard Association. Technological Factors Construction amp; DIY Ergonomics, which is the engineering of tools for maximum comfort and minimal hazard to the human body, was an increasingly popular consideration for this industry. In 1999, Stanley Works redesigned the handles of many of its tools to better fit the human hand and to reduce the likelihood of injury from vibration and other stresses. For instance, the company incorporated a carbon-steel shank into its AntiVibe framing hammer to absorb the shock that traditional hammers transmitted to the human arm. Stanley Works also offered an ergonomic screwdriver with a diamond-textured handle made of soft elastomer and a layer of hard polypropylene, so that consumers could grasp the tool firmly without needing to squeeze hard enough to hurt their hands. Security For several years, demand lagged behind the technologys maturity. Prohibitive implementation costs, lingering technical problems, fears of privacy invasion, and concerns over system accuracy stalled mass implementation. By the middle of the first decade of the twenty-first century, security systems were well entrenched in some sectors, particularly government and health care, but penetration was meager for other industries that were long on promise, such as financial services and the travel industry. In 2006, governmental applications remained the predominant market for security tools, while certain types of security systems enjoyed overwhelming dominance. But the heightened security consciousness in the mid-years of the first decade of the 2000s was making a noticeable impression on the industrys prospects. Decreasing costs and increasing technical sophistication of products meant that security tools were gradually penetrating many kinds of transactions. Security tools technology in the early and middle years of the twenty-first centurys first decade thus enjoyed a period of modest but promising growth, moving out of the realm of science fiction and into everyday life. Environmental Factors Future laws and regulations are expected to be increasingly stringent and will likely increase the industry participants expenditures related to environmental matters. Many companies have been named as potentially responsible party (â€Å"PRP†) in a number of administrative proceedings for the remediation of various waste sites. Current laws potentially impose joint and several liabilities upon each PRP. Business operations of companies are subject to foreign, federal, state, and local environmental laws and regulations. These laws and regulations define the acceptable methods for the discharge of pollutants and the disposal of products and components that contain certain substances. These laws and regulations also require that products be designed in a manner to permit easy recycling or proper disposal of environmentally-sensitive components such as nickel cadmium batteries. Batteries used in professional power tools should be designed to meet environmental requirements. IV. SWOT Analysis for Stanley Works Strengths The Company’s operations are classified into three business segments: Security, Industrial, and Construction amp; Do-It-Yourself. All segments have significant international operations in developed countries, but do not have large investments that would be subject to expropriation risk in developing countries. Fluctuations in foreign currency exchange rates affect the U. S. dollar translation of international operations in each segment. Core Competencies Stanley works core competency lies in the security segment of the business especially in the Mechanical Access System. Stanley has been making hardware like hinges, hooks safe locks and keys science 1843. Its major brands being Best, Kwikset, Baldwin, or Weiser and many more. Distinctive Competencies The company has a distinctive competency of hedging its Business Segments based on the demand in the market. The company can take profits from on of its segments to cover of the losses for its other based on the current market condition Company has a distinctive competency in its Health care sector. Stanley entered the Health Care sector in 2007 and has grown enormously in this sector with major revenues coming from the health care department. Competitive Strategy The competitive strategy of Stanley Works is acquisitions of  companies for obtaining employees, processes, technologies and solutions. Multiple and diversified revenue streams of Stanley Works: Stanley has a balanced revenue generation from its three business segments. For the year 2008, CDIY (construction and do-it-yourself), security, and industrial accounted for 37. 4%, 33. 8%, and 28. 8% of the companys total revenues, respectively. This diversification of business portfolio is protecting the company’s earning by providing opportunity to follow the demand variability of different product lines. The company has the flexibility to focus on growing industry and tune its production levels accordingly. Strong brand equity The company has established strong brand equity in construction and industrial segments. The key brands of the company include Stanley, Bostitch, FatMax, MaxGrip, DynaGrip, PowerLock, Proto, Husky, Vidmar, ZAG, MAC, Jensen, Contact East, Bostitch, Atro, Cobotics, LaBounty, and Innerspace. The strong brand equity in the construction and industrial segment makes the company the world leader in the design, development and delivery of tools. In addition, the company has numerous trademarks that are used in its businesses worldwide. For instance, the company’s tagline ‘Make Something Great’ acts as a center piece of the brand strategy for all three segments. The company’s list of trademarks include BEST, HSM, National, Sonitrol, GdP , Xmark, LaBounty, MAC, Mac Tools, Proto, Vidmar, Facom, Virax, USAG, the Bostitch, Powerlock, Tape Rule Case Design (Powerlock), and FatMax. These well-known trademarks enjoy the reputation for quality and value and are among the world’s most trusted brand names. Strong brand equity not only ensures employee and customer retention, but also enables the company to launch more products under its own labels. Power tools, lawn and garden products, portable power products, home products, and accessories are marketed around the world under the BLACK amp; DECKER name as well as other trademarks, and trade names, including, without limitation, ORANGE AND BLACK COLOR SCHEME; POWERFUL SOLUTIONS; FIRESTORM; GELMAX COMFORT GRIP; MOUSE; BULLSEYE; PIVOT DRIVER; STORMSTATION; WORKMATE; BLACK amp; DECKER XT; Stanley fulfillment system (SFS) SFS was created to improve Stanley’s long tradition of its business excellence. It helps in improving the company’s business operations such as procurement, quality in manufacturing, maximizing customer fill rates, integrating acquisitions and other key business processes. It operates as a continuous improvement program focused on the needs of the company’s customers. Moreover, SFS acts as a blueprint for company’s success and roadmap for continued growth. In addition, SFS is focused on continuously improving the key areas where Stanley interacts with its customers. The company measures and implements control improvements to its areas of business to ensure customers have a positive experience. The SFS system helps in improving service, increase quality and reduce cost which gives a competitive edge to the company over its rivals. Diversified business operations globally: Material facilities owned by the Stanley Works and its subsidiaries follow: CDIY Miramar, Florida; Fishers, Indiana; Kannapolis, North Carolina; Epping, Australia; Mechelen, Belgium; Oakville, Canada; Leeds, England; Karmiel and Migdal, Israel; Biassono and Figino Serenza, Italy and Pietermaritzburg, South Africa. Industrial Phoenix, Arizona; Two Harbors, Minnesota; Columbus, Georgetown, and Sabina, Ohio; Allentown, Pennsylvania; Dallas, Texas; Pecky, Czech Republic; Epernay, Ezy Sur Eure, Feuquieres en Vimeu, Morangis and Villeneuve Le Roi, France; and Fano, Gemonio and Monvalle, Italy. Security Farmington, Connecticut; Sterling and Rock Falls, Illinois; Indianapolis, Indiana; Nicholasville, Kentucky; Richmond, Virginia; Cobourg, Canada; Nueva Leon, Mexico; and Xiaolan, Peoples Republic of China. Industrial a. Professional amp; Automotive mechanics tools amp; storage system 1. Broad Array of End Markets . Unique Range Of Government Solutions 3. Light-weighted compared to other available products. b. Hydraulic tools amp; accessories Reduce Initial Costs 1. Air Compressors required to power pneumatic tools are expensive and comparatively the dual hydraulic tool circuit are very cheap. 2. Reduce Operating Costs 1. Less system maintenance: A hydraulic system has few moving parts and is self- lubr icated; therefore requires far less maintenance than an air system. 2. Less tool maintenance:   Hydraulic tools are full of oil at all times, and are thus preserved and lubricated. 3. More efficient. Most hydraulic systems operate at two or three times the efficiency of air systems because the oil is not compressible. 4. No pilferage: While there is a ready market for gasoline or air powered tools, the general public does not have a hydraulic source of power. Hydraulic tools are seldom pilfered. Advantages for the Operator 1. Safer. Hydraulic oil is a poor conductor of electricity. A hydraulic tool with nonconductive hoses is much safer dielectrically than an air tool which may have moisture condensed in the hose. 2. Lower noise levels. Noise of air tools comes from both the compressor and the tool exhaust. Hydraulic tools have neither of these sources, and operate at noticeably lower noise levels. 3. Higher power-weight ratio. Air tools operating at 90-100 psi must be larger and heavier to achieve force

Slaughterhouse Five Essay Topics and Writing Information to Score Well on Your Exams

Slaughterhouse Five Essay Topics and Writing Information to Score Well on Your ExamsIn order to take your Slaughterhouse Five essay topic examination you will need to be very serious about making sure that your essay is organized and well structured. A good Slaughterhouse Five essay will utilize strong structure, which is where you will find the parts of your essay as well as a clear focus for each topic, as well as an introduction, conclusion, and suggestions for where you can go from there.However, it is also important to keep in mind that when you are taking this Slaughterhouse Five essay topic examination that you must be able to follow directions and still remain very organized. If you don't have any organization skills then it might be difficult for you to be successful with the examination.In order to make sure that you are organized when you are writing your essay, you should write short paragraphs, making use of bullet points if possible. You should also try to avoid using t oo many words, as it will result in your essay being too long. As well, try to keep the chapters organized so that you know what you are reading and how long the sections are.One of the things that you will find when you are taking this Slaughterhouse Five essay topics is that many of the topics are actually short descriptions of things. For example, the essay, 'The Rise of the Butcher' had seven different types of meats that were used by the butcher, as well as the types of vegetables that he used, the types of meat that he prepared and how much they would cost, and other types of animals that he worked with. The essay simply described in seven short paragraphs the various things that the butcher did and the prices that he charged for them.When you are taking the Slaughterhouse Five essay topics, you will also be required to take a test that will measure your mastery of the material that is included in the essay topics. You will need to find out exactly what material is covered in each essay and then you will need to write an essay based on that information, without writing a lot of facts and figures.The meat topics for this Slaughterhouse Five essay included the types of meat that the butcher made and the cuts that he made them into, as well as how much each type of meat cost. You will also need to include how the butcher prepared each meat and the price that he charged for them. The topic, 'Livestock and Their Losses' was centered around the growth and death rate of cattle, pigs, and horses.As well, the topics for this Slaughterhouse Five essay topics included the types of meat that the butcher prepared and the amount that he charged for each type of meat. The topic, 'A Winter Night's Secret,' included recipes and basic information about the butcher that included the types of meat that he prepared, the kinds of products that he prepared, and where he sold his meat. Finally, there was the meat and beef industry in the state of Illinois.Overall, the Slaughter house Five essay topics for this essay include descriptions of the types of meat that were used in various ways, the processes that were used to prepare the meat, and how much each type of meat cost. If you are interested in taking the examination, you will want to make sure that you include all of the meat and beef industry in your essays.

Letters of a Wonam Homesteader essays

Letters of a Wonam Homesteader essays In Letters of a Woman Homesteader, there are several ideas and themes that are present. Mixed among them are conflict, geography and gender roles but deep within the letters and a word of Elinore Pruitt Stewart, no other theme is more prevalent than that of community. Community can be defined as people living together closely, socially as well as physically. And in my opinion, community often involves sharing, which we see in this book quite often. First off, I would just like to discuss some of the other themes that took place in the book. Geography was actually a huge element as Elinore described unique environments throughout. In her first letter she talk about how she cant plant because of 15 feet of snow and how they only have three seasons, winter, July and August. Even as the letters continued, she claimed that snow was yet too deep. One time sticks out in my head when Elinore could see that the snow was so great that it had pressed the branches of threes down so low that she was hitting her head. Her response was quite simply, Such a snowstorm I never saw. Her descriptions of the land were extremely vivid, especially when she talked of leaving the snow-capped mountains for the desolate buttes. Although I didnt see it was being a much as a part of the book as other things, I did see conflict in certain spots. Two that stick in my mind are the death and aftermath of Benny Louderer and the other being the letter about horse thievery. Like I stated, I didnt really find this to be as huge as the geography, community or even gender roles but they presented a sort of conflict in their own little way. Benny Louderer especially because the mother was to never know how her dear son died. Briefly, I would like to mention gender because I had some interesting thoughts about it as I read. First of all, I found it unique that Elinore was skilled as she was. ...

Business Mgt Essay Example for Free

Business Mgt Essay Part I. Assume you have taken over responsibility to play the lead Information Technology (IT) management role in Magnum Enterprises. Your boss, Rachel Heigl, is Magnum’s CIO. The IT management group is comprised of six people who you will be supervising. Ms. Heigl is an enlightened manager, and she believes that if you are to carry out your responsibilities effectively, you need to work with her in defining your IT management role. As a first step, she invites you to write a short statement where you describe what you see to be your role as head of the IT management effort at Magnum. Proper IT Management requires researching and discerning information technology as a company resource guiding both operational and crucial company capabilities. Using information technology to maximize satisfaction of the customer alongside productivity and profitability will ensure that our competiveness with other business stays at a maximum. 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Educating Magnum’s team upon the significance of information technology with the three roles that the business world performs in order to combine business management, software, and hardware capabilities. At the Management level, decision making would lead to significant improvements for IT utilization. Business operations see information systems as a huge support to review and collect data from financial operations, managing manufacturing processes that are very sophisticated, tracking company inventory, and productivity. The use of metrics paired with identifying trends to assist the company in making informed decisions faster to provide information about our competitors. IT  is used quite often to provide a strategic support advantage for the company. Automated inventory and ordering systems an assist with the savings costs. With this information we would need to review our mission statement that identifies the company’s functions, provides oversight on the overall goal, a sense of direction, and guides decision making. Investigating and development towards understanding how we generate money and ensuring a customer base for our company. Envisioning the business plan, mission, with current IT structure and the ability to communicate with senior leadership will guide me with necessary tools to assist the Chief Information Officer (CIO). To ensure a strategic IT plan is created in which will be shared and implemented with my team. Planning to have Magnum’s team familiar with data resource management capabilities, hardware, networks, telecommunications, and software within the company is the second area of information systems known as information technologies. In today’s society PDA’s (personal digital assistants; IE. Blackberry’s ETC.) Personal computers and network servers are integral computer hardware and are crucial in our business environment. Being extremely knowledgeable is vital to our team troubleshooting and resolving hardware issues instead of having to call anot her company for maintenance. We have the ability to break down our company’s software into two categories, application software and system software. Both types normally off the consumer shelf as commercial software instead of having an employee on the team write the software codes for these programs. I plan to ensure my teams are extremely familiar with all software programs and have a firm foundation when troubleshooting and resolving technical issues. Additionally, if not already formed, I will institute a configuration control board and implement test scenarios to ensure future hardware and software being purchased will not have compatibility issues. Also a part of information technologies is data resource management. This is essential in sustaining and maintaining our company. We will require a database management system of good quality that is capable of data consolidating into a database in turn can be accessed my several program applications. Within the past fifteen to twenty years networks and telecommunications software have played a vital role. To ensure the expansion and growth for Magnum Enterprises, we will need out network to be consistent, reliable, monetary sufficient. I would prepare the team to  either install or review and change as needed our network management system that assists with traffic management, capacity planning, network monitoring, and security in essence that our system will grow and change with modern day business culture and practices as the company expands. In order to have the most dependable and proven with the cost of it a ring network should be put into place. The next area, development processes, deals with designing, planning, identifying ideas, and implementing information systems to meet potential business opportunities. It is critical that we ensure our business management capabilities alongside our hardware and software are integrated successfully within our company. Basis within t he development process and depending upon the circumstance, there are a couple of processes we want our team to employ as resolving problems com along with our business systems. Those processes are considered or known as the prototyping approach and he systems development life-cycle. The synopsis of prototyping involves quickly developing or constructing test modules of a desired system in which we will engage when we cannot determine or classify the end user requirements. These systems would be used to assist our personnel with the capabilities to design or create an information system that will be intuitive and easy to navigate for consumers. Prototyping involves four steps with the first being investigation and analysis step. This step, requirements grouped and defined. Second, is the analysis and design step in which a model is developed and constructed to meet consumer business requirements. Next, in the design and implementation, this finalizes the model that was tested and begins the initial installation. The last step to this four step process is implementation and maintenance, which would consist of the business system being accepted, used, and maintained. Prototyping advantages are: decrease in the development time, development costs and requires user i nvolvement. This generates higher satisfaction results. I plan to employ this type of approach to small initiatives. The next area is business application for information systems. This will consist of being familiar with commerce and business applications for our employees and which are used within the company to make strategic leadership and management decisions. A few of the most used business applications within a majority of companies are accounting, human resource management, enterprise resource planning, supply chain management, customer relationship management, financial management,  and supply chain management. An Architectural picture of or IT business applications will ensure that I will have familiarity with all applications that we use. This approach will identify the current interrelationships, interfaces with customer, employees, business applications, and stake holders. We will then need to review the chart and see if there are any potential process improvements that we can make to integrate those systems cross functionally and keep operational costs to a minimum. The systems devel opment lifecycle employs the systems approach to create IT solutions. This lifecycle is often utilized for large applications and it is composed of five processes that I expect my team to know and become familiar when employing the systems development lifecycle: systems investigation, systems analysis, systems design, systems implementation and systems maintenance. The first process, systems investigation, involves project brainstorming, planning and performing a feasibility study. During the brainstorming and planning initiative, a project management implementation plan is created identifying the detailed steps that will be accomplished during the creation and development of the system. The feasibility study is critically important as this outlines all requirements for the system. It also explores four major areas, organizational, economic, technical, and operational feasibility, which determines if it’s worthwhile to invest in potential business ventures. In reviewing the organization’s feasibility, we need to determine if the system is in line with and supports our company’s strategic objectives. The economic feasibility identifies and evaluates the project’s tangible and intangible cost and benefits. Technical feasibility is assessed by confirming if the necessary hardware and software will be available or can be developed and tested before implementation. Operational feasibility is determined by the motivation, desire, willingness, and competence of the stakeholders (management, employees, customers and suppliers) to use and operate the proposed system. Systems Analysis consists of consolidating requirements and includes a detailed breakdown of the business needs and requirements of the organization. This starts with an organizational analysis from one of the business end users. This individual must be keenly aware of the organizational management structure, business requirements, and current IT systems operati ons and its proposed relationship with the newly created system. Some of the outputs generated from the systems analysis  include system flowcharts, data flow diagrams, and connectivity diagrams which aid in the development of the analysis report The next process, systems design, focuses on the design, process diagrams, business rules, and developing specifications for the hardware, software, data resources that will meet the proposed requirements for new business system. The three major outputs produced from the systems design phase are user data, interface, and process design. The fourth process of the systems development lifecycle is system implementation. This encompasses either acquiring the hardware or software or developing it from company resources and then testing the products in a test environment to see how well they operate and integrate with your existing IT architecture. If testing goes well, an implementation plan including training end users and developing system documentation will be accomplished prior to incorporating and execu ting this system within our IT architecture. The final process, systems maintenance consists of consistently monitoring and evaluating the newly implemented system. This also includes correcting errors and discrepancies not identified during the testing phase and continuously making system improvements, advancements and upgrades. The final area of information systems is management challenges. There are numerous challenges that our IT team may be faced with at Magnum Enterprises. One challenge is addressing our security concerns which involve several areas. For instance, our IT team needs be constantly vigilant and on the alert for potential competitors trying to or actually hacking into our systems to steal or damage our data. Additionally, we may also be challenged with setting up restrictions and locking down the network for personnel to only use the network and its software applications for official business. Ensuring that our software is controlled and that employees are not illegally making copies of software for personal use is another area of concern. Preventing virus attacks to our network and installing anti-virus software to diagnose and remove computer viruses is of utmost concern. Failure to maintain a secure network can potentially halt our business from being productive and resulting in thousands of dollars in lost revenue. Additional challenges the IT team may be faced with may involve expanding our infrastructure and network to address our growing business. Ensuring our network provides our employees accessibility to the data they need, wherever they require it, regardless of their location will test our innovativeness.  The company may not have a backup plan to allow it to operate effectively and efficiently in the event of a forced relocation. If that is the case, I will recommend to our management staff that we establish a continuity of operations plan enabling us to relocate with minimum impact to our business operations like a hot site for temporary functionality. In the dynamic world of IT we will always be faced with challenges, however, utilizing IT and being on the leading edge of new IT systems provides our business with many benefits and makes our organization more effective and efficient. For example, IT can be used to improve and promote new business processes such as creating an automated inventory system which will save money in additional labor costs. Another use of IT in making it more efficient and effective is that using certain software programs enables us to identify and target our top customers in terms of profitability to our business. In summary, IT enables our company to successfully plan, integrate, manage, and carry out strategies which lead to profit. Part II. Six months after you take over the lead IT management role at Magnum, the CIO, Ms. Rachel Heigl, is pleased with your work. She has just attended a meeting of Magnum’s executive committee (the committee comprised of the most senior managers of Magnum), where the CEO and Vice President of marketing have indicated that Magnum’s mediocre e-business capabilities must be strengthened. As CIO, Ms. Heigl is given primary responsibility in improving Magnum’s e-business performance. She in turn puts you in charge of a small task force comprised of representatives from the marketing, operations, finance, and legal departments. In order to advance and improve Magnum’s e-business performance operations, it’s vital I establish a cohesive team with representatives from the marketing, operations, finance, and legal departments. Their input and perspective is necessary and essential in developing a way ahead and strategic plan for the future of our e-busin ess department. Developing success with our e-business begins with marketing the company. Marketing is concerned with developing and creating an innovative plan so that the product or service can be promoted and sold. Promoting our products and services are key and critical in attracting new customers as well as maintaining our current customer base. It is important that I develop an understanding of the marketing role and how it can benefit  by using Information Technology systems. Marketing information systems support well established and e-commerce processes that sustain major elements within the marketing function and is described as a continuing and interacting structure of people, equipment and procedures to gather, sort, analyze, evaluate, and distribute pertinent, timely and accurate information for use by marketing decision makers to improve their marketing planning, implementation, and control. The major components of marketing information systems include interactive marketing, sales force automation, customer relationship management, sales management, product management, targeted marketing, and market research. Two of the seven components I will be discussing are interactive marketing and customer relationship management. In our environment today, marketing information systems aid marketing personnel in a variety of tasks associated with branding products and customer service initiatives. For instance, interactive marketing is largely dependent on utilizing the internet, which permits the business and its customers and potential customers to become partners in developing, socializing, acquiring and advancing products and services. With the IT department enabling this type of communication, the company benefits from generating new ideas for other products and services as well as establishing strong customer loyalty. Another area within the marketing information systems is C ustomer Relationship Management (CRM). This incorporates and automates many customer service processes. It consists of utilizing an IT framework to construct, automate, and integrate marketing processes with the company’s business operations. CRM is usually comprised of a software suite that allows a business to provide efficient, effective and reliable service to its customers. Additionally, CRM permits a company to identify and target their most important customers as well as facilitate real-time customization of products and services based on the customer’s wants and desires. Understanding the marketing department’s views and concerns enables the IT department to implement and install an IT infrastructure that will be capable of supporting various information technologies. Some of the benefits that can be obtained from the marketing department are: an opportunity to increase sales and revenue, a chance to touch new market areas, 24/7 accessibility for the customer, and more flexibility and convenie nce for the customers. The production and operations function is supported by  manufacturing information systems. Manufacturing information systems are designed to be used specifically in an operations and production environment. Different types of manufacturing information systems consist of computer integrated manufacturing (CIM), process control, machine control and robotics. CIM involves using computers to control the total manufacturing process, from design to distribution, to produce produces products of the highest caliber. Process control involves utilizing computers to oversee and control continuing physical processes. Machine control consists of using a computer based system to direct the actions of a machine. Robotics involves designing, constructing, and building machines that have the intelligence of a computer and human like physical capabilities. It’s key I understand how the operations representative depends on these information systems to operate effectively as well as their expec tations for these systems. Working together as a team will enable the IT and operations department to develop better ideas to increase the manufacturing and production process. Developing an understanding of all the accounting and financial based systems within our business and discussing these systems with the finance representative enables our IT and finance departments to plan effectively when troubleshooting and performing upgrades. These systems include but are not limited to order processing, inventory control, accounts receivable, accounts payable, payroll, general ledger, cash management, investment management, capital budgeting and financial planning. The success of these systems is integrally connected with its information technology and services. For example, the order processing system â€Å"captures and processes customer orders and produces data needed for sales analysis and inventory control and the accounts payable system keeps track of data concerning purchases from and payments to suppliers. Communicating with the finance representative is essential in setting up or modifying these systems to meet the needs of our business. Any interrupti on or degradation in service can lead to severe damage to the business and financial services that Magnum Enterprises relies on to function and operate. As with any business, competitors are always looking for an advantage to get them ahead in their particular discipline or industry. Unfortunately, being extremely aggressive and ambitious can sometimes cloud your decision making capabilities to the point that you may  be committing breaking privacy laws and monitoring and copyright violations. As the IT lead manager for Magnum Enterprises, I’m charged with ensuring our network infrastructure and IT systems are operating proficiently. However, when it comes to addressing privacy issues from an IT perspective, opinions and viewpoints from a legal expert are necessary. In regards to privacy, several websites accumulate usernames and passwords and personal information such as home addresses and phone numbers without authorization from users. Applying internet monitoring technology within the workplace raises concerns about where the boundaries lie between personal use and public resource use. Copyright concerns and violations has become an issue with the development of the Internet and upgrades to technology. Discussing these concerns with a legal expert and implementing and adhering to strict guidelines will help prevent our company from committing these violations. In addition to the goals of strengthening the capabilities of the e-business, attention must be paid to some key technical challenges. Overseeing secure information throughout our business is extremely difficult to implement and maintain successfully. Key technical issues that may be encountered when re-engineering our e-business include privacy and confidentiality, authenticity, data integrity, access control, availability and infrastructure. Privacy and confidentiality involves businesses protecting and securing personal information while being stored or t ransmitted through email. This can be accomplished by utilizing encryption devices or firewalls. Authentication is used to confirm an individual’s identity and during e-business transactions, the purchaser and buyer wants assurance that proper identity is established. A secure way to assist with confirming identity to both individuals is to utilize a virtual private network. Data integrity means the data is correct and has not been altered while being stored or transmitted. The use of firewalls assists in preventing unauthorized users and safeguarding data. Another way to ensure data integrity is through the use of antivirus software which also aids in keeping your data free from viruses. Access control exists when you’re authorizing certain individual’s permission to restricted systems or data. Several measures that can help with access control include firewalls, access privileges, passwords, digital certificates and virtual private networks. Availability is an issue when customers and employers need information  without any disruptions. Uninterrupted Power Supply (UPS) systems, data backups and the use of anti-virus software assist with ensuring data is always available. Our e-business infrastructure constantly needs to be monitored to ensure its meeting the needs of our business. An infrastructure that is unable to consistently support the network traffic load can potentially cost our company thousands of dollars in lost sales. If the network is continually slow, increasing the speed of the network backbone will assist in providing faster and reliable support for our customers. In addition to increasing the speed of the network backbone, implementing cross-functional enterprise systems will assist in improving critical business processes throughout Magnum enterprises. A final technical challenge is ensuring all of our systems are compatible and can operate on several different hardware platforms. By having this capabi lity, our operating costs from a technical refresh perspective will decrease. While strengthening capabilities and addressing technical issues, there are management challenges within the e-business that must be addressed. As discussed earlier, our team must be vigilant in addressing security challenges such as hacking into our systems, software theft, and protecting our software applications. In addition to security issues, there are ethical concerns that must be addressed. Privacy has always been a serious and contentious issue amongst employers and employees. For instance, computer monitoring is considered by many personnel to be an infringement on the employee’s privacy and shouldn’t be allowed. However, employers argue that since the computer is a company owned resource, they should be allowed to monitor the work of their employer. In reality, many employers are concerned as to whether or not the employee is actually working and producing or just goofing off and surfing the internet. Utilizing IT equipment at work has been mentioned to cause a variety of health issues which management must address. For example, if your job consists of being in front of a computer all day, some of the health problems you may experience damage to the neck and arm muscles, eye strain, carpal tunnel syndrome, job stress, poor posture and poor circulation. Resolutions to some of these health concerns can be through the science of ergonomics. The objective of ergonomics is to devise and create safe health work conditions with the goal of decreasing health issues and increasing employee morale and work productivity. If  Magnum Enterprises has customers internationally, they also may be faced with political, geo-economic and cultural challenges. From a political concern, there are countries that have restrictions regulating or denying the transfer of data across their borders which can potentially result in customers or businesses from having to pay import or export fees. Geo-economic concerns involve issues such as identifying and locating personnel with IT skills to work at remote sites and communicating with personnel across all 24 time zones. Cultural challenges â€Å"include differences in languages, cultural interests, religions, customs, social attitudes, and political philosophies†. For example, if Magnum Enterprises was conducting a business transaction via a Video Teleconference it would be disrespectful to look them in the eye when introducing yourself. Before meeting an international customer, it would prudent to review their customs and courtesies to ensure a smooth business relationship. Improving Magnum’s e-business performance faces several challenges. Consulting with key department personnel from operations, marketing, finance and legal as well as addressing technical and management obstacles will assist me in charting a plan to put our e-business on the right track towards success. Business Mgt. (2016, Oct 17).

Religion in culture and society Essay Example | Topics and Well Written Essays - 2250 words

Religion in culture and society - Essay Example f religious and cultural diversity intolerance has been fading over time, with the increase in the prevalence of both cultural relativism and globalization. Globalization can be simply termed as the process by which people from different cultures are connected and made to interact with each other. On the other hand, cultural relativism is the thought that all cultures are acceptable, despite the differences in their basic principles. Thus, the fact that anthropological analysis has discovered a transformation in religious and cultural tolerance overtime may be attributed to different factors globally. For example there is tolerance of both the Christian and Islamic religions in the American society. Nevertheless, one of the major areas of anthropological interest would remain to unearth the factors that have contributed to human cultural and religious transformation, leading to the acceptance of religious and cultural diversity over time. Thus, the major question becomes; how have gl obalization and cultural relativism impacted on religion in the American society? According to Dr. Xia Guang (Guang, 2007), the world has become a global village. However, rather than being culturally homogeneous, it has remained a field of diverse cultures. Thus, how different cultures interact with one another determines their survival and reinvention. There are various factors accounting for survival and dominance of certain cultures and religions over others. The first and most important factor is civilization and the influence of the Western culture. Most of the cultures of the developing nations have been greatly influenced by the Western culture which is considered to be more superior to the other cultures. This has led to the erosion of most of the cultures of the developing nations. These nations have adopted the so-called superior cultures of the West. The coming of modernity and civilization has contributed negatively to the demise of the traditional cultural values and

Two short essays Assignment Example | Topics and Well Written Essays - 1000 words - 1

Two short essays - Assignment Example As technologies progress and science-based approaches in finding evidences prior to decision making increase, some women experiencing monthly menstrual cycle are holding on to the hope of becoming finally free from the discomforts linked to menstruation. At last, it was found that menstruation can be controlled, and just like how the principle of taking a pregnancy pill works, women can also suppress the natural menstrual blood flow each month. However, there are prevailing concerns on this; especially on the issue of how â€Å"natural† is this approach prior to finally seeing women taking it into great account (Thomas & Ellertson, 2000, p.923). Concerning this, the Society for Menstrual Cycle Research (2007) argued that menstruation is not a disease; hence, it should not be suppressed to flow naturally in the woman’s healthy life. The medicalization of the menstrual cycle is both beneficial and might be destructive at some point. It is beneficial when the act itself is done in order to correct a defective menstrual cycle. However, if its primary aim is to suppress the natural menstrual cycle of a woman, then it is another story. The impact of medicalization of menstrual cycle on women’s sense of well-being is a great point to consider. In the first place, it is natural for a woman to undergo a menstrual cycle each month. This is significantly true to almost all healthy with mature reproductive potential women or girls around the world. Suppressing it therefore does not make sense. Estrogen and progesterone hormones are essential actors for this phenomenon to take place. However, these hormones are also important for the proper functioning of a women’s physical body. In fact, the lack of these hormones leads to some women on their menopausal stage to experience various discomforts, physical, emotional and psychological (Love, 2000; Society for Menstrual Cycle Research, 2007). Women are different from men.

A Typical Session :: essays research papers

Ronnie quietly walked into her bedroom and closed her door, locking it behind her. She turned on some music appropriate for the occasion; "Am I Wrong?" by Love Spit Love and "Perfect Day" by Lou Reed being her favorite background music during difficult times. Ronnie moved to her dresser and opened one of its many drawers. She pulled out an innocent-looking box of matches from a local candle store. After opening it, she took out a slightly blood-stained cardboard pocket. Inside... A gleaming razorblade. Pulling the blade from its protective sheath, Ronnie sat on her bed. She took a deep breath, gritted her teeth, and looked at her left forearm. It was getting harder and harder for her to cut; her scars were not easy to cut over, and neither were fresh scabs. Finding a suitable area, Ronnie braced herself and slowly dragged the blade across her skin. Immediately, a thin line of blood streaked across her open forearm. Ronnie could feel relief flowing through her body. How good it felt to cut! How wonderful to release all of her pent-up energy! Eagerly, Ronnie made a second cut. Then a third. And a fourth. Soon, she had rows and rows of thin red lines, each about three inches long, running down her arm. When she came to her inner elbow, she stopped. Ronnie sat and pondered for a moment. Should she, having run out of space on her forearm, make more cuts on the next best area... her left ankle? Debating mentally, Ronnie finally decided against it. After you've cut an area, you can't cut there again for at least a week while the scabs heal. She needed to save her ankle in case she wanted to cut again in the next few days. The cutting done, Ronnie grabbed the box of Kleenex next to her bed. She pressed the tissues against the flow of blood coming from her arm. After several minutes, the bleeding stopped. Ronnie wrapped paper towels around her affected limb so she wouldn't get blood on her shirt and secured the towels with Scotch tape.