Individual Report on Business Game - Free Essay Example

Sample details Pages: 9 Words: 2659 Downloads: 2 Date added: 2017/06/26 Category Business Essay Did you like this example? Introduction The game of the business strategy is computer based game which is played online by a group of member formed in it. In this business strategy there are lot of industries were there as in the game one would run or imply the decisions of the footwear company which would be given the competition by various other firms like januty footwear, ashuru, corporate lobby shoes, L company, Dynasty, in sprint, Elite footwear ltd., K company, glaxer, CCLEO, and H company. The member of this business strategy game in the company corporate lobby shoes is Afsal Rahmath Parambu, Babatomiwa Ojuri, Fedlis Nwaujukwu , Gholam Oovee. Don’t waste time! Our writers will create an original "Individual Report on Business Game" essay for you Create order As this one member who would be taken responsible for taking the decisions in the respect to its company and aspects of all the matters which the company operates and manages the necessary decision of the company as each and every company wants to take excellent decision and makes the best as well as sustainable solutions for their strategies as the tools and techniques where well executed and planned out specially to overcome with its competitors. There are various results from the 11th year to 15th year on the different are like EPS, Return on equity, stock price, inventories, management etc. As this would help to build the wealth of the shareholder and its image rating is high. This paper reports that the analysis of the corporate lobby shoes is divided in to the three sections the first is mainly the porter five forces as well as competitive strategy in relations to Year 15 Business strategy The business environment had been analysis by continuously practicing the business strategy game. As in the business game we are allocated on the post of the top executive which is mostly taking the strategic decision regarding the company performance and results in relation to its profits and productions. The influence by the top executive in the developing the strategies of business for any firm in relations to business environment (ham brick and mason, 1984), in strategic management the role and effect of top managers on company performance and importance of this relationship how may be affected by companys strategy is always recognize as critical issues (Ham brick and Mason (1984), Gupta and Govindarajan (1984), Gunz and Jalland (1996). There are different strategy which are seen in the market of shoe industry like cost leadership, focus strategy, differentiation etc. Cost leadership means: the company is managing its cost, as this effective dealing in prices and profits would coming as to implement low price should have and efficient cost management, so through the cost of prices of product would low as compared to the other company. Focus strategy: the focus strategy is also known as niche strategy in simple terms it is considered as the product which is product is for the target group only and the company sets its prices and product efficiency and its policy in relevance to that group and ignore the wider population market. Differentiation strategy: this strategy in simple terms can be refers as there should be uniqueness and sound quality which would differ firm from its competitor as this would raise the cost of the company but the value and ethics which are unique is more important than the cost for this kind of business as it would create a higher brand value and in return increase the profits. Porter five force: The Michael porter had given the competitive strategy for analysis the business with the comparison to its competitors through this strategy one would be aware that different strategies should be competitors using for reaching to the success. The ultimate aim of competitive strategy is to cope with and, ideally, to change those rules in the firms behaviour (1985, p. 4).† As with this analysis company hold the proper ideas about the position were it stands in terms of its performance and profits. The threat of new entrants: as this market is very saturated and the entry of new firm will be of only the company which is highly capital rich so for the corporate lobby shoe there is no more threat in this area but in future the chance are available for this. The threat of substitute product: as there are lot of substitute product available in market, so there are high chance for the threat in this area, to overcome with threat the corporate lobby shoe has imply the combination of generic strategy that is having low cost with the quality and unique product design. The bargaining power of buyer: as due to highly competitive market in shoe, the power of buyer had been raised as they have an option left from their decision so to create some friendly environment and better scheme for customer would encourage the customer towards the corporate lobby shoe. The bargaining power of suppliers: as for the suppliers the bargaining power is low because in market lot of suppliers available which would make the corporate lobby shoe to maintained its low cost supplies. Intensity of competition: a shoe industry is one of the wide spread industry with the no. of players in this business. Corporate lobby shoe is having a high intensity with its competitors as because of large no of competitors in market available. Through the innovative and sustainable strategic technique the corporate lobby shoe have survive by achieve its mission. Pestle analysis The one of the most renowned external analysis is the pestle as it outlook the whole of environment external with the different factors like political, economic, social, technology, legal and environment. Political factors The all four area like north America, Latin America, Asia pacific and Europe are free from political issues as company could not face any adversities in terms with the labour law, export traffics, trade barriers, tax policy etc. So the policy so the government issues and law not putting restriction Economic factors As the corporate lobby shoe is utilizing the technique of cost leadership, so it become economical stable for the company, the factors like exchange rates, interest rate, and inflations rates, affects the company highly but the company have develop the successive tools for managing cost. Social factor As this factor reflectors on the positive side of company because it is creating some value oriented for its customers the CSR of corporate lobby shoe is making advance socializing for the company. The corporate lobby shoes have given the charity and join many clubs and society for societal aspects. Technology factors This factor is crucial for modern touch in the corporate lobby shoe is holding the standardized and cost control tool, but the qualities of this never sacrifice. The company introduce private labelling technique as to maintain its cost in relevance with differentiating technique. The private labelling was done in Latin America and Asia as for benefiting this through business environment. Environment factors The surrounding in which company functioning is also important the etc should be focus as different continent would have the environment effects on foot ware so through this trend the corporate lobby shoe sells out or explore its footing products. Legal factors The corporate lobby shoe is following the rules and regulations of different government. As the policy of consumer law, discrimination law, antitrust law, etc. Are up to date different law like health and safety, employment and company legal law etc. are followed by the company in dealing with its contract to particular government. Strategy which company acquire The corporate lobby shoe company has become the cost leader as it had manage its cost very excellently and imply this strategy as the cost cutting would give low price to its customer and customer would satisfied highly through the low price with same quality it has reduce it shipping cost, and import barriers had cut the custom duty and miscellaneous cost reduce. The corporate lobby shoe had been differentiate from its competitors as it focus all the labour oriented market and middle class family can easily purchase the customize shoe with the low price and excellent styles fitting and superb quality. The analysis on the basis of the years Year: 11 In the starting time of the year 11 the corporate lobby shoe plant capacity in relations to the total production was 6 million and mostly this production was target through the North America and Asia pacific areas. The production went higher for this two area but the company managers had for the Latin America and Europe Africa. The corporate lobby shoe plans its total production in particular operation and administration so the corporate lobby shoe had to sale target production like from North America it is 2 million and Asia pacific it is 4 million respectively. The corporate lobby shoe has making the policy and plan to encourage the production as its implies the policy of free shipping advertisement in internet also the offered the model with attractive price there would be rebate on the model at delivery time granted and as well as customer on internet segment and whole segment at the end of the financial year of the company the profit as much as contrasting from the previous year but as the company holds the 5th position in the market for the industry 27, and through this it jump from credit rating B+ to A- with the financial progress in terms of money would be like net profit is and revenue______ is which are higher than the previous year. The return on equity and credit rating are very much high as they are beyond the investors expectations as ROE the investors expectation is 15% but the 15.60% and in credit rating it goes form B+ TO A- Year 12: The overall intensions of the corporate lobby is to make the huge profits so they are planning to reduce their cost and covering the market, as they most probably cover the market in the whole sale segment but as they increase the private label sales from the year 12th their market shares fall from 8.50% to 8.10% respectively. The image rating also fall dramatically, as it was constant in the year 11. The stock price went high up to $2 per pair as in the year 11 the stock level was risen up to $34. Probably the investors are not happy in this year because the ROE and EPS were low were falling under the expectation of investors as in year 12 it was 14.39% almost 0.51% lacking and EPS was $2.71 where investors expect the $2.95. The pairs rejected in the brand were almost 7 to 8% approximately from 5300 pairs the rejection was 329 pairs. The company was not at all facing the inventory clearance in all the three segments with all the four areas. The ware housing operating expe nses for the European Africa was very much high and the company was holding a huge amount of production in those areas as it was $2.03 per pair in whole sale segment and 0.80 in the internet segment. The operating profits margins where good in the internet sectors as we see overall performance it was 16.9% to 23.3% is due to bearing the advertising cost an imply the low cost branded wear. Year 13: This was the fabulous year for the corporate lobby shoes, as the company had not made any changes but the result and decision implied on the year 12 had been very much useful and their reflection is shown as only 0.20% were the expenses which the company sacrifice for the CSR as in terms of money it is $1121. The market share of the company was high as in year 12 the company had increased the private labelling sales as through the high market is covered. The credit rating of the company went high which from A- to A but the image rate fall by 6%. The value of stock price had huge increase as it shows how from the $36 was the expectation but in year 13 it went to the $64. As this year investors would also be very much happy the ROE and EPS has also shown the drastic changes as 15% was investors expectations in ROE but went high on 20.70% and EPS wet to $4.67 per share were as investors expectations was only 3.05%. The price of internet segment were deduce up to 70 so that the m arket share would increase the company had reduce its quality cost as the TQM or Sig -Sigma expenditures went low. Only 0.33 for the current year. The cost of branded market segment also reduces to 26.85 as it affects the quality and got the S/R rating on 4 stars. Year 14: The company increase its production in the North America. By 300 pairs and maintained the good quality control, so the rejection pairs was only 4 to 5% of total production in branded. The company had introduced the green footwear materials which would increase the cost as this time company also does the charitable contributions, so the CSR would be more conscious to crab the costumer, it expenses on CSR raise highly which is $7264. DUE TO HIGH EXPENDITURES the ROE and EPS falls as the NP reduces .The N.P. is $243(million) approximately. The manager decided to lower the price on internet segment from $ 70 per pair to $69 per pair. The warehousing expenses and other administrative expenses remains the same like for 17107(000) it had 3.65 per pair in ware house. The exchange rate and the import tariff for the Europe and Africa had increased the cost highly so the return through segment was low. The manger decide no sale the private label brand shoe north America as the productio n and shipping cost in private label segment went too much high, this would result in the low N.P. The company declare the $0.10 dividend per share for its investors through the previous profits. The firms internet segment market share is decreasing as compared to whole sale market share for the year 14. The Companys liquidity position is quiet well secured as its net cash balance at the year end is 51,061 which is reasonably good and worthwhile. The company had decided to raise funds as to overcome from this expensive cost from the banks of $23,000(000). Year 15 The mostly all the strategies and decisions remain the same as the above year but, there some changes occurs in figure only, as the N.P. went very much higher in the year 15 which was approximately 358 (millions) as well as the EPS was higher 5.80$ per share which was beyond the investors expectation. In this year the manager decided only to the company to work in the internet sector segment where as the private label segments was removed by the firm the company through to concentrate on whole sale segments and internet market segment in those area would give the company makes highest revenue which is Asia pacific and north America. The stock price again had shown the dramatically change by 104$ per stock price and the expectation of investor was 42$ so this credit rating of the company was A+ but the image rating were not up to the mark. In this for the north America area which is the most profitable area for the company manager decide to increase the production of 500(000) pai rs which would indirectly reduce the cost of operating and increase the revenue the overall warehousing cost reduce as if the overall 24,037(000)pair kept it had cost 3.29 per pair. The manager decided to take a higher advertising cost in the whole sale segment as mostly 70% of production were from this sector. The company had decreased the cash flow as its net balance of cash comes 47,307$(000) as by the firm and this raise the high profits. The managers also agree to raise there were investment done by the firm and this raise the high profits. The manager also agrees to raise their funds in the energy efficiency help to gain the profit over its cost. The forecast the demand in future was high 6 to 7% of the current year sold out. Conclusion As we see there were huge and effective decisions were taken by the company which helps to increase the profit, as holding the decisions regarding saving cost, plant implementation and increasing production would led to the high profits. Appendix: 1 financial position

Family Definition - Chemistry Glossary

The Threat Against Sea Turtles - 2634 Words

There are over 1 million known species of plants and animals that in habit the plant’s oceans, and scientist estimate that there are over 9 million more species that have yet to be discovered. Those numbers seem to have great value, but when put in perspective there are only 7 species of sea turtles in the vast ocean, those numbers don t seem so big after all. Even more so when you say all 7 species are on the endangered list of extinction. One of the biggest threat against sea turtles, and all other oceanic life, is the pollution crisis of plastics, glass, and all other trash. But as long as people dump their trash in the oceans, and it doesn t violate the government’s dumping regulations, then it’s perfectly http://i.imgur.com/foQcVja.jpg legal. Without breaking any laws, people will always continue to do it and the ocean will continue to suffer because of it. On the other side of dumping trash into the oceans scientist are gathering huge amounts of data on ho w we’re killing the oceans and everything that lives in it. That is why we must come to our senses and use the common ground of finding a new way to dispose of trash and help rebuild the oceans to sustain life on the planet. When it comes to pollution in the oceans people automatically think that they re talking about glass, trash, and plastic. However, The National Oceanic and Atmospheric Administration (NOAA) team has collaborated to discuss just how exactly does the ocean get so polluted around the mainlands.Show MoreRelatedThe loggerhead sea turtle, Caretta caretta, is a threatened species with a highly migratory700 Words   |  3 PagesThe loggerhead sea turtle, Caretta caretta, is a threatened species with a highly migratory behavior and shifting habitat requirements depending on maturity (NMFS and USFWS 1998). The loggerhead nesting grounds are typically in warm temperate regions (NMFS and USFWS 1998). In the original listing from USFWS (1978), the loggerhead sea turtle was listed as threatened throughout all of its range. The document goes on to state that one of the main threats to the loggerhead sea turtle was that it wasRead MoreIssues Associated with the Endangerment of the Green Sea Turtles1103 Words   |  4 Pagesthe Green sea turtle has been deemed endangered, due to the reckless behavior of fishermen, poachers and the disturbance of their nesting homes. According to the Sea Turtle Restoration Project5 â€Å"Ancient ocean dwellers, sea turtles have lived on the Earth for 150 million years, since before the time of the dinosaurs.† Even though Green sea turtles are endangered, they have lived on this planet longer than humans have. Author Carl Sofia2 states that for hundreds of millions of years, turtles swam inRead MorePersuasive Essay On Sea Turtles1879 Words   |  8 Pagesâ€Å"Sea turtles are antiquated creatures on the earth. They have lived on the earth ov er nearly 65 million years; they saw the dinosaurs survive, and they saw them pass on.† (Velasquez-Manoff, 2007) Despite the fact that sea turtles can get by for quite a while, they are stuck in an unfortunate situation in the ebb and flow time. They have turned out to be one type of imperiled creatures. This resembles a major dive in their long presence on the earth. Be that as it may, it is a fact we have to confrontRead MoreThe Effects Of Climate Change On The Population Of Sea Turtles1827 Words   |  8 PagesLoggerhead Sea Turtles: Effects of climate change on the population of sea turtles. Abstract The effects of climate change and global warming have severe effects on loggerhead sea turtles and various other marine mammals. The rate of climate change goes far beyond the abilities of animals to adapt to these drastic changes taking place around them in their habitats. These changes are predicted to cause an extinction of many species over the next few decades. (SEE Turtles, 2015) The sea level risesRead MoreThe Conservation Of Endangered Animals1318 Words   |  6 Pagesweren’t paid too much attention, until the study of environmental science and ecology took off. At this time conservation groups started coming up because they noticed these animals were becoming an immediate threat. Unfortunately these organizations could not do much only campaign against direct killing(c 10). The extinction of these animals is led by many factors, some of which these conservation groups had no control over such as natural extinction, which is actually not a bad thing because itRead Mor eImpact Of Global Warming On The Nesting Of Loggerhead Sea Turtles3173 Words   |  13 PagesMcCormick Title: Impacts of Global Warming On The Nesting Of Loggerhead Sea Turtles Abstract: Global warming is a huge threat to many species. It is a much larger threat to species that experience temperature sexual determination. Loggerhead sea turtles are one of many marine species the explicate temperature sexual determination. In order to survive increasing temperature changes due to global warming, loggerhead sea turtles must adapt to the environment to enhance their rate of survival being thatRead MoreHow has the Great Pacific Garbage Patch affected marine life in the surrounding waters? 1043 Words   |  5 Pagesmicroplastics, as well as much of the trash is submerged underneath the surface (Great Pacific Garbage Patch). Without the blatantly obvious mounds of trash, as one would think to see, it makes it increasingly harder for the populations to take action against the further pollution. So how exactly does all of this waste from all over the world end up in this one specific part of the ocean? This is because the Great Pacific Garbage Patch lies within a high-pressure area in the middle of the Pacific OceanRead MoreUnesco Paper- Belize Barrier Reef Reserve System1698 Words   |  7 Pagesoffers more varieties of coral formation than anywhere else in the Caribbean (Encyclopedia). For people to appreciate and understand the Belize Barrier Reef Reserve system, they need to know about the many species that call this place home, the threats against the preservation of the reef, and what is being done to protect and preserve the reef. Once this happens my hope is more people will become involved in the safeguarding of this wonderful place. The Belize Barrier Reef system is one of the mostRead MoreDriftnet Fishing1997 Words   |  8 Pagesthat driftnet fishing techniques were not compatible with sustainable fisheries management practices and they caused too much harm to unintended targets (Cooperative Efforts Dealing With Driftnet Fishing 2). Although there are laws against driftnet fishing and bans against certain methods, it is not enough to stop people from doing their job. Driftnet fishing is illegal in some places, but is still done for the large amount of fish it provides. In some countries where fish make up a large part ofRead MorePollution in the oceans, though not commonly known to humans, creates serious problems in our1000 Words   |  4 PagesCarbon dioxide levels increase as greenhouses release gases into the air. As pollution continues to grow and become much worse, organizations create new laws to help reduce or end some of the major problems in our seas. Oil Spills disturb the environment and produce a threat to the animals living in that area. Both ships and refineries release oil into the rivers and oceans which leads to the damage and death of plants and animals (Leggett 25). Exxon Valdez, a famous tanker that split

Global Business And Social Technology †MyAssignmenthelp.com

Question: Discuss about the Global Business And Social Technology. Answer: Introduction This paper will address how international student can find a good solutionin enhancing their employability. There are some of the destinations around the world, which made them famous as educational hubs. These hubs are attracting huge number of international students from around the world. Melbourne in Australia is one of those hubs, which attracts millions of international students. However, majority of the international students are not having the required skills and expertise, which is required and expected in order to be eligible for employment (Di Pietro 2015). The aim of this essay is to discuss about an effective and ideal solution of the identified issue of the international students. In addition, I will also evaluate the innovative idea against the Schamar 7 R framework in order to determine its effectiveness. Issue faced by the international students The core objective of the international students to migrate to Melbourne is to have quality higher education and make them eligible for the employability in the leading global business organizations. However, it is the perception of the majority of the students that having the degree of the higher education will help them to gain the eligibility of getting employed in the top brands (Tymon 2013). However, that is not the case and apart from the educational degree, there are some other factors such as communication skills, favorable personality and problem solving skills are also important in having the eligibility (Hunt et al. 2013). These instincts cannot be taught in the colleges and it requires added facilities to help the students in gaining these attributes. However, currently there is nothing like that, which will help the students in enhancing their employability. Innovative solution The solution, which I thought will be the most ideal and effective in dealing with the identified issue of the international students is to have a live online portal where both the students and the industrial trainers will be able to meet each other at any point of time. The portal will be designed in such a way that it will have dual benefits for both the industries and the students. Industries will be added in this project due to the reason that according to me, it is the industries that will be able to effectively communicate their exact requirements and expectations from the students. Thus, with the help of the website, companies will be able to determine the market trend along with the availability of the talents. However, the website will not only the mere contact platform for the students and the company representatives. Rather it will have number of added facilities for the students. One of the added facilities provided to the students is the online vocational training. In ma jority of the colleges, vocational training is being given to the students prior to their placement drive. However, these courses and training are inadequate in nature. Thus, having the facility of the online vocational training courses will help the students to be updated according to the current industrial need and requirement. Moreover, the approach of the requirements of the industries changes with time and these changes can be communicated to the students only through the website. The portal will also have the access to the motivational videos by the industrial experts andmanagement gurus. This will help the students to have the idea about how their skills should be developed in order to increase their employability in the market. Another section will be of current affairs with having the information from different sectors. This will equip the students with having the current and updated idea. This is important in order to answer the questions from the general knowledge at the time of the interview. Evaluating with the 7Rs framework Schamars 7 Rs framework will be used to evaluate the efficacy of the given solution from the different aspects. This framework covers different diverse areas, which will help to evaluate the diverse characteristics of the given solution. Relevance The solution will help to meet the core requirement of the students. The core need of the students is to have some solution to increase their employability in the increased competition in the job market. Thus, they are in the need of some solution, which will provide them holistic user value in enhancing their employability. On the other hand, the given solution will have all the required elements, which will require in enhancing the employability of the students. Moreover, due to the solution will be an online medium, the features will always be updated. Revolutionary The solution given by me will be a game changer because, currently there are no other live websites accessible in the market for the students, which will provide holistic user experience to them. However, there are some close substitutes already accessible in the market, which will either provide only the vocational course or have the motivational videos for the students. But I have designed the solution in such a way that it will provide all the required elements for the students. In addition, no other existing services are having the facility of interacting live with the industrial experts and trainers, which I have included in the solution. Rapid The idea can be implemented fast due to the reason that the portal will be aligned with the existing student portal of the colleges. In the current time, majority of the colleges are having the student portal where all the communication and transaction takes place. Thus, it will not be a difficult task for the colleges to add this solution with their existing portal and it can be done in minimal time with the existing resources. Moreover, it will be easy to access and the students will not find any difficulty to access the portal. Rough As discussed earlier, the portal will be aligned with the existing student portal of the colleges. Thus, it can be implemented in small and local scale. The major advantage from this will be the involvement of less risk. This is because that having the option of locally implementing it will help to determine the viability of the project. The budget will also be lower as the entire process is not new, rather it will just act as added feature of the existing student portal of the colleges. It is estimated that approximately AUD 2500 will require in developing the project. Right The solution is focusing on the right issue along with covering some other added issues. It will help the students in having the idea about what and how to do in enhancing their employability. Added features will help both the students and the companies to get to know about each others trend and expectation. Hence, with the addition of the added features with the website, the right element can be more effectively impleme Relationally effective It will be effective due to the reason that companys representatives will be involved in the project. Thus, there will no chance of having miscommunication between the students and the corporate needs. It will be most effective in aligning the expertise of the students in relation to the industrial requirements. It will prove beneficial and effective from the side of the employers also. This is due to the fact that with the help of the portal, they will be able to determine the trend in the current student standards along with identifying the gap areas for the further improvement. Replicable The discussed solution can be scaled up due to the presence of the international students in different regions around the world. Moreover, it will be easy to implement just with aligning the solution with the existing portals of the colleges. Thus, based on the feedback received and the success rate of the solution, it can easily scale up in other locations around the world. This will have more favorable impact on the students along with involvement of more number of company representatives in the system. Thus the entire process will be more effective and efficient for the all the parties involved. Conclusion Thus, it can be concluded that the discussed solution in this easy will be beneficial and fruitful for the international students in Melbourne in enhancing their employability. This essay discussed about the diverse areas to be covered by the given solution. It is evaluated that the solution will have maximum effectiveness as compared to the current available solutions in the market. Recommendations The discussed solution should be provided to the students at free of cost in order to increase the traffic and popularity of it. The solution should be made flexible enough in order to modify it according to the feedback received. There will be obviously some shortcomings to be identified in the coming time. Thus, they should be effectively rectified. Colleges should align their placement drive with the portal. This will enable the companies to select the candidates from the discussion in the portal. References Di Pietro, G., 2015. Do study abroad programs enhance the employability of graduates?.Education Finance and policy,10(2), pp.223-243. Hunt, I., Brien, E.O., Tormey, D., Alexander, S., Mc Quade, E. and Hennessy, M., 2013. Educational programmes for future employability of graduates in SMEs.Journal of Intelligent Manufacturing,24(3), pp.501-510. Tymon, A., 2013. The student perspective on employability.Studies in higher education,andmanagement 38(6), pp.841-856.