How Cell Phones and Other Inventions Affected the American Family free essay sample

How Cell Phones and different creations influence the American family There are numerous new innovations that have assisted with propelling our general public and had an effect on the American family. Since the development of the phone individuals no longer need to depend on payphones, mail, or in any event, voyaging. Email has made it simpler for individuals to send letters quicker. Rather than composing or composing a letter and trusting that the post will send it, presently you simply bounce on your PC type it out, send it, and a couple of moments later it has been conveyed. Diversion has likewise had an effect on the American family. Amusement has gotten increasingly open after some time and now you don’t even need to go out to arrange another film On Demand or purchase another melody or even an entire CD. The reason for cellphones, email, and propelled amusement greatly affects the American family by helping them become progressively effective. We will compose a custom article test on How Cell Phones and Other Inventions Affected the American Family or then again any comparative point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page The mobile phone has gotten so relied upon; a great many people can’t go out without them. They assist you with getting progressively open to others and more as of late have a greater number of highlights than simply calling. Messaging additionally makes it simple to send fast messages to individuals on the off chance that you don’t have the opportunity to have a discussion on the telephone. For example, in the event that you are in a boisterous spot, similar to a show or a calm spot where you don’t need to cause to notice yourself, similar to a faith gathering. They likewise have different highlights like games, and music. You can purchase games and music directly from your telephone; you can even access the web directly from your telephone. These new pieces of the mobile phone help the American family to turn out to be increasingly effective and get in correspondence with others quicker. Email has become increasingly more mainstream since it was imagined. Since pretty much everybody has an email it isn't important to mail the same number of cards or letters any longer. Since the postal framework takes so much time the vast majority favor email just on the grounds that their data arrives quicker and all the more productively. Grown-ups can send messages to their work and collaborators, which permits them to telecommute without missing a gathering. They can email the entirety of their desk work and they can assemble into conferences now. Indeed, even children/understudies can exploit this by send messages to their educators with their school work joined on the off chance that they are wiped out or simply have late work. The American family has been influenced in a positive manner by utilizing these new creations. Diversion has likewise brought a transform into another course. There are such huge numbers of better approaches to keep yourself engaged without going out. For instance, as of now referenced the PDA has games and music introduced into it that offers you the chance to purchase new things to keep yourself engaged. At that point there is additionally the TV that you can watch motion pictures on or shows that you like. There is even projects like On Demand where you can get to it directly through your TV and purchase another film for around five bucks and watch it without leaving your love seat. The way that amusement has extended has had such an effect on the American family. This probably won't be as positive as the speeded up specialized gadgets since this may make you be progressively wasteful and lay around throughout the day. In any case, when these diversion gadgets are utilized fittingly you can get a decent use out of them without letting them expend the entirety of your time. The way that these new creations have influenced the American family is for the most part positive, with almost no negative impacts. Since these creations, there has been an increasingly effective method of correspondence through PDAs and email, which assists work with completing quicker. The mobile phone has decreased the need to have tarnished pay telephones all finished and email has squashed the need to send numerous things through the postal office, which isn’t as expedient and proficient as email. With these better approaches for accelerating work, that leaves us with more opportunity to ourselves, thus we got better approaches to engage ourselves without going out following a long upsetting day at work. Over all the reason for the innovations of things like PDAs email, and amusement positively affects the American family.

Automobiles of Tomorrow Essay -- Automobiles

As America moves into the up and coming age of vehicular travel, we should remember how assets will be utilized to build up these very things. Will we keep on expending more so than is essential? Or on the other hand will our legislature, in organization with innovative work firms, build up a far reaching intend to design vehicles that demonstration in stewardship of the earth. The way things are, the Environmental Protection Agency has instituted strategies and guidelines which advance toward simply that; change which targets vehicle organizations with an end goal to check their inefficient strategies and execute principles that will guarantee shoppers pay less at the siphon and get progressively out of their vehicle (Environmental Protection Agency, www.epa.gov/fueleconomy). All things considered, we should take a gander at the two sides of the contention while investigating the points of interest of such an idea; to the extent that, on the off chance that we decide to change the m anner in which business is done in America, how would we approach doing it to incorporate the requirement for organizations to guarantee that their particular items accomplish more to help nature than hurt it. While examining the need to direct the methods where an organization plans and specialists their vehicles, we should first evaluate legislative endeavors in quite a while to building up specific fuel utilization standards. Along these lines, we break down the Environmental Protection Agency and any strategies used to decide eco-friendliness gauges that are at a level which guarantees organizations have a feasible chance to fulfill said guidelines. 2011 saw the presentation of the redid EPA’s naming framework as a methods for elevating eco-friendliness measures to clients in vehicle sales centers (Why is Fuel Economy Important, www.fueleconomy.gov). Inside the progressions came considerations of itemized data with respect to the vehicles’ fuel... ...cuments 1. MasterFILE Premier, EBSCOhost (got to April 19, 2012) 3) Why Is Fuel Economy Important? Fuel Economy. Natural Protection Agency. Web. 17 Apr. 2012. . 4) United States. Natural Protection Agency. Efficiency. EPA. Natural Protection Agency. Web. 17 Apr. 2012. . 5) Consumer Reports: 39 Percent Considering a Hybrid or Plug-in For Their Next Car. Hybrid Cars. Web. 18 Apr. 2012. . 6) Vehicle Fuel Economy: Reforming Fuel Economy Standards Could Help Reduce Oil Consumption via Cars and Light Trucks, and Other Options Could Complement These Standards: GAO-07-921. GAO Reports (August 3, 2007): 1. MasterFILE Premier, EBSCOhost (got to April 19, 2012).

Definition and Examples of Language Contact

Definition and Examples of Language Contact Definition Language contact is the social and semantic marvel by which speakers of various dialects (or various lingos of a similar language) interface with each other, prompting an exchange of phonetic highlights. Language contact is a main consideration in language change, notes Stephan Gramley. Contact with different dialects and other regional assortments of one language is a wellspring of elective elocutions, syntactic structures, and jargon (The History of English: An Introduction, 2012). Drawn out language contact for the most part prompts bilingualism or multilingualism. Uriel Weinreich (Languages in Contact, 1953) and Einar Haugen (The Norwegian Language in America, 1953) areâ commonly viewed as the pioneers of language-contact considers. An especially compelling later examination is Language Contact, Creolization, and Genetic Linguistics by Sarah Gray Thomason and Terrence Kaufman (University of California Press, 1988). Models and Observations [W]hat considers language contact? The negligible juxtaposition of two speakers of various dialects, or two messages in various dialects, is too unimportant to even think about counting: except if the speakers or the writings associate somehow or another, there can be no exchange of etymological highlights in either course. Just when there is some cooperation does the chance of a contact clarification for synchronic variety or diachronic change emerge. All through mankind's history, most language contacts have been eye to eye, and frequently the individuals included have a nontrivial level of familiarity with the two dialects. There are different prospects, particularly in the advanced world with novel methods for overall travel and mass correspondence: numerous contacts presently happen through composed language as it were. . . . [L]anguage contact is the standard, not the special case. We would reserve an option to be surprised on the off chance that we found any language whose speakers had effectively stayed away from contacts with every other language for periods longer than a couple of hundred years. (Sarah Thomason, Contact Explanations in Linguistics. The Handbook of Language Contact, ed. by Raymond Hickey. Wiley-Blackwell, 2013) Insignificantly, so as to have something that we would perceive as language contact, individuals must learn probably some piece of at least two particular semantic codes. Furthermore, by and by, language contact is extremely possibly recognized when one code turns out to be increasingly like another code because of that association. (Danny Law, Language Contact, Inherited Similarity and Social Difference. John Benjamins, 2014)â Various Types of Language-Contact Situations Language contact isn't, obviously, a homogeneous marvel. Contact may happen between dialects which are hereditarily related or inconsequential, speakers may have comparative or unfathomably extraordinary social structures, and examples of multilingualism may likewise differ enormously. At times the whole network talks more than one assortment, while in different cases just a subset of the populace is multilingual. Lingualism and lectalism may shift by age, by ethnicity, by sexual orientation, by social class, by instruction level, or by at least one of various different components. In certain networks there are hardly any limitations on the circumstances wherein beyond what one language can be utilized, while in others there is substantial diglossia, and every language is restricted to a specific sort of social connection. . . .  While there an extraordinary number of various language contact circumstances, a couple of come up as often as possible in regions where etymologists do hands on work. One is tongue contact, for instance between standard assortments of a language and territorial assortments (e.g., in France or the Arab world). . . . A further sort of language contact includes exogamous networks where more than one language may be utilized inside the network since its individuals originate from various zones. . . .The opposite of such networks where exogamy prompts multilingualism is an endoterogenous network which keeps up its own language to prohibit untouchables. . . . At long last, fieldworkers especially frequently work in imperiled language networks where language move is in progress.â (Claire Bowern, Fieldwork in Contact Situations. The Handbook of Language Contact, ed. by Raymond Hickey. Wiley-Blackwell, 2013)â The Study of Language Contact - Manifestations of language contact areâ found in an extraordinary assortment of areas, including language securing, language preparing and creation, discussion and talk, social elements of language and language approach, typology and language change, and that's just the beginning. . . . [T]he investigation of language contact is of incentive toward a comprehension of the internal capacities and the inward structure of sentence structure and the language staff itself. (Yaron Matras, Language Contact. Cambridge University Press, 2009) - An extremely gullible perspective on language contact would most likely hold that speakers take packs of formal and useful properties, semiotic signs as it were, from the important contact language and supplement them into their own language. Certainly, this view is excessively shortsighted and not genuinely kept up any more. A likely increasingly practical view held in language contact investigate is that whatever sort of material is moved in a circumstance of language contact, this material fundamentally encounters a type of change through contact. (Diminish Siemund, Language Contact: Constraints and Common Paths of Contact-Induced Language Change. Language Contact and Contact Languages, ed. by Peter Siemund and Noemi Kintana. John Benjamins, 2008) Language Contact and Grammatical Change [T]he move of linguistic implications and structures across dialects is standard, and . . . it is molded by all inclusive procedures of syntactic change. Utilizing information from a wide scope of dialects we . . . contend that this exchange is basically as per standards of grammaticalization, and that these standards are the equivalent regardless of whether language contact is included, and of whether it concerns one-sided or multilateral exchange.. . . [W]hen setting out on the work prompting this book we were expecting that linguistic change occurring because of language contact is on a very basic level not quite the same as absolutely language-inward change. As to replication, which is the focal subject of the current work, this presumption ended up being unwarranted: there is no conclusive distinction between the two. Language contact can and much of the time triggers or impact the advancement of sentence structure in various manners; by and large, be that as it may, a similar sort of procedures and directionality can be seen in both. All things considered, there is motivation to expect that language contact all in all and syntactic replication specifically may quicken linguistic change . . .. (Bernd Heine and Tania Kuteva, Language Contact and Grammatical Change. Cambridge University Press, 2005) Early English and Old Norse Contact-initiated grammaticalization is a piece of contact-incited linguistic change,and in the writing of the last it has been over and over called attention to that language contact frequently achieves loss of syntactic classes. A continuous model given as delineation of this sort of circumstance includes Old English and Old Norse, whereby Old Norse was brought to the British Isles through the substantial settlement of Danish Vikings in the Danelaw territory during the ninth to eleventh hundreds of years. The consequence of this language contact is reflected in the semantic arrangement of Middle English, one of the attributes of which is the nonappearance of linguistic sexual orientation. In this specific language contact circumstance, there appears to have been an extra factor prompting the misfortune, to be specific, the hereditary closeness andaccordinglythe desire to reduce the useful over-burden of speakers bilingual in Old English and Old Norse.â Hence an utilitarian over-burden explanationâ seems to be a conceivable method to represent what we see in Middle English, that is, after Old English and Old Norse had come into contact: sexual orientation task frequently wandered in Old English and Old Norse, which would have promptly prompted its disposal so as to keep away from disarray and to diminish the strain of learning the other contrastive framework. (Tania Kuteva and Bernd Heine, An Integrative Model of Grammaticalization.â Syntactic Replication and Borrowability in Language Contact, ed. by Bjà ¶rn Wiemer, Bernhard Wlchli, and Bjã ¶rn Hansen. Walter de Gruyter, 2012) Also See AccommodationBorrowingContact LanguageHistorical LinguisticsKoineizationLanguage ChangeSociolinguistics

The Value of Community Service in Your College Application

Giving Back is Just as Important as Getting In When discussing the different elements of a college application, we often bring up the significance of the â€Å"brag sheet.† At, we can’t stress enough how important a complete and comprehensive brag sheet is to the admissions process. Your brag sheet lists all of your extracurriculars, employment, summer experiences, honors, awards, interests, hobbies, and, very notably, community service. The value of community service doesn’t stop with your college application. Many schools, like the ones in Dr. Kat’s list of Colleges with a Big Heart, are dedicated to giving back to their communities with programs and opportunities that not only help others, but also build strong leaders and community members within the student body. So what is it about community service that makes your application stand out? Extracurriculars show admissions officers what kind of person you are and what you make time for. Admissions officers are looking for quality community service consistently over a long period of time. Here are some other tips on how to best showcase your community service projects and how you can use your extracurricular volunteer work to boost your application: Quality over quantity: Most schools are looking for a commitment to a few activities over time, not a number of activities that you did maybe once or twice. Consistency and dedication to one or two organizations shows your interest and commitment to a certain cause. Start our own charity, volunteer organization, community service club, or set aside time every other weekend to volunteer at the local animal shelter or food kitchen. Show depth and leadership: If the only community service on your resume is a few hours at the local soup kitchen the weekend before your applications are due, an admissions officer is not going to be impressed. Schools want students who show dedication to a project and follow through until the end. Take a position of leadership within your volunteer organizations. Serving as the president or officer in your school’s community service club shows that you care enough to want to play a significant role in the organization and that your peers trust you enough to elect you to such a position. Keep it simple, but don’t shortchange yourself: An excessively long brag sheet won’t necessarily hurt an applicant, but an admissions reader might not get the chance to read it all. It’s important to strike a balance between showing a comprehensive profile of your accomplishments that an admissions officer and quickly read through without leaving out anything important. Don’t be afraid to brag on the brag sheet! Admissions officers aren’t just looking at the numbers when considering candidates. Test scores and grades are crucial, but so is an applicant who shows depth and leadership. So when planning your time for clubs and extracurriculars, remember it's just as important to have a big heart as it is to have an outstanding application. If you’re having trouble deciding what should stay on your resume and what can be cut, our team of expert admissions counselors can help you put together the perfect brag sheet for your application.

Zoning Regulations Should Not Be Built - 797 Words

Every business type is governed by zoning regulations that determine where it can or cannot be built. For example, there are strict zoning requirements regarding adult stores and schools; few parents want their children walking past explicit content every day, so these businesses cannot be located within a certain distance of a school. However, zoning also applies in business and residential areas and can be federal and/or regionally specific. Keep reading to learn what small businesses need to know about zoning in Colorado before buying that perfect property. Learn Your Zoning Area Before setting your heart on a specific area and location, check the relevant zoning limitations to see what you can and cannot build there. There are six common zoning designations to be aware of: Residential: No commercial buildings are allowed, but some home-based businesses are excused. Commercial: Most businesses are allowed to build. Historical: Homes and businesses are allowed, but all properties have to maintain the integrity of the structure, and changes are restricted. Aesthetic: Businesses are allowed but need to follow specific design guidelines. Industrial: Businesses with higher noise, traffic, and waste are allowed. Agricultural: Farm and agricultural use is allowed. Each of these zoning designations has its own pros and cons. A brew pub or skate park might want to move into a particular part of town, but historical or aesthetic regulations mightShow MoreRelatedZoning Board Of Adjustment Of North Brunswick And Kaplan Company Case828 Words   |  4 Pagesaggrieved entitling it to appeal a decision from its own board of adjustment. The same is true of officers in the local government charged with supervision of the ordinance who believe the government made an error. In the Township of North Brunswick v. Zoning Board of Adjustment of the Township of North Brunswick and Kaplan Companies case, Kaplan Companies wanted to build a four-story luxury apartment building with 85-units for senior citizens in North Brunswick Township’s R-2 Zone. The building wouldRead MoreWhat Would Make The Best Facility Site For An Arena Case Study995 Words   |  4 Pagesthe zoning where the building will go up, what are the regulations the tax implications of the city, county or state where the facility will be built. 2. What would make the best facility site for an arena? Is it different from a site that would be great for a stadium? It won’t be that much of a difference for an arena or stadium. You have to find the right piece of land, the city where it will attract the fans to go to the events you want to offer. Have a clear idea of the regulation of theRead MoreSuburban Development and Suburban Lifw after World War II699 Words   |  3 PagesMarketing, Removal of existents barriers to change, and Enactment of new regulations. Urban sprawl was a major problem and had many negative effects. Suburban sprawl, â€Å"called urban sprawl was a result of overpopulation. Sprawl occurred when cities spread outward. Forests and farmland were being destroyed to create new housing subdivisions, shopping centers, offices, parking areas, civic institutions and roadways. State governments built highways and roads to serve all the new commuters moving in and outRead MoreThe Business Model Of Uber And Dropbox906 Words   |  4 Pagesprotesting Airbnb’s opposition to housing affordability bills. Taxi drivers are protesting Uber’s opposition to comparable taxi regulation. 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Who opposed the change of the zoning from residential to tourist areaRead MoreMandatory Inclusionary Zoning Violates The 5th Amendment Essay1748 Words   |  7 PagesTiffany Mason December 7, 2016 BUS 201 – Brown The Unconstitutionality of Inclusionary Zoning Mandatory inclusionary zoning violates the 5th and 14th Amendments. Lack of affordable housing across the country is an issue that has gained national attention, and some areas in the country have resorted to zoning strategies to address the problem. For example, builders in Seattle who take advantage of the Incentive Zoning program will receive additional floor area in exchange for including affordable housingRead MoreHearing Case Study1502 Words   |  7 Pagescorner of Veterans Parkway Academy Drive, C-2, Townhomes- 40 units Mr. Ogren reported the applicant is requesting conditional use approval for a 40-unit condominium townhouse-style development (Eagle Ridge) on a 4.23-acre property. In this C-2 zoning district a maximum of 16 dwelling units per acre are allow; the proposed density is 9.46 dwellings per acre. The development will look like a townhome development with six buildings and each building with six, seven or eight dwelling units attachedRead More Private Development and Corporate Funding to Fight Shoreline Erosion1652 Words   |  7 Pagestourists traveling to coastal areas has also grown substantially. Many, if not most, of our coastal environment concerns stem from population growth pressure (Rhinehart, 1997). These trends make it clear that the hodgepodge of environmental and zoning laws throughout the country --- many at odds with each other --- are unable to cope with the pressures brought to bear on America’s shoreline resources. Only the consistently well-reasoned principle s of private industry can answer the growing needsRead MoreThe United States Naval Observatory Flagstaff Station1741 Words   |  7 PagesObservatory Flagstaff Station was established, as was the U.S Geological Survey in 1963. With more observatories being built and the advancement of the natural sciences, the need for the preservation of dark skies in Flagstaff became apparent (Flagstaff’s). The first upward battle in the establishment of dark skies that Flagstaff faced was in 1958. A new telescope was set to be built, but because of the increase in light pollution that was creeping up Mars Hill, the Anti-searchlight law went intoRead MoreThe United States Naval Observatory Flagstaff Station1741 Words   |  7 PagesObservatory Flagstaff Station was established, as was the U.S Geological Survey in 1963. With more observatories being built and the advancement of the natural sciences, the need for the preservation of dark skies in Flagstaff became apparent (Flagstaff’s). The first upward battle in the establishment of dark skies that Flagstaff faced was in 1958. A new telescope was set to be built, but because of the increase in light pollution that was creeping up Mars Hill, the Anti-searchlight law went into

An Analysis Of Organ Donation Essay - 1509 Words

An Analysis of Organ Donation Flashback to when you were sixteen years old. Young, naive, and about to be ruling the streets with your very own Driver’s License. You passed your written and physical driving exams, but before you are able to get your â€Å"right of passage†, you must indicate whether or not you are willing to donate your organs in the case of your death. But how does one know which box to check? It is your responsibility to educate yourself in the matter because ignorance is not always bliss. Knowing the costs, benefits, and process can be very beneficial. Luckily, the following is some basic, and maybe not so basic, information on the topic. Organ Donation is a very broad and complicated topic. To consider organ, and tissue, donation as a whole, it is important to examine the history, forms, and big picture of the donation. First of all, it is important to understand the history of organ donation. It is not only important to know the history, but to examine the differences between donation in the past and what it is like today. Although many forms of study are always improving, Medicine is one that is constantly and drastically changing. Throughout the past century, all practices of healthcare have changed almost completely. Through technology and brilliant minds, medicine has boomed in opportunities. When a sick individual would be sent home to die almost twenty years ago, there are now endless treatments and possibilities today. Along with the boom ofShow MoreRelatedOrgan Donation : Persuasive Speech909 Words   |  4 PagesOrgan Donation Rhetorical Analysis Organ donation has been a major controversy for many years now. There are those people who favor it and the ones who do not. According to the United States Organ and Tissue Transplantation Association, organ donation is defined as tissue or organ removal from a deceased or living donor, for transplantation purposes. 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In the case of the commercialization of organ transplantation, would the ramifications laid by Einstein change if a doctor had only one hour to save the life of a patient in dire need of an organ transplant? An individual that had spent the last three years on a waiting-list? Waiting, years, months, and days without end for a second chance at life. Similar to EinsteinRead MoreSally Satels Organ for Sale.1154 Words   |  5 PagesAn Analysis of passion: Sally Satel’s â€Å"Organs for Sale† Sally Satel is an American  psychiatrist  based in Washington DC. She is a lecturer at the  Yale University  School of Medicine, the W.H. Brady Fellow at the  American Enterprise Institute, and author. Books written by Satel include  P.C. M.D.: How Political Correctness is Corrupting Medicine and  Drug Treatment: The Case for Coercion  Her articles have been published in  The New Republic, the  Wall Street Journal, the  New York Times, and in scholarlyRead MoreOrgan Donation And The United States1469 Words   |  6 Pageson a waiting list for an organ donation (Organ and Tissue Donations, 2015). Out of these individuals, nearly 10 die each day waiting for an organ (All About Donation, 2015). The need for organ donation has increased dramatically with the many advances in medicine (FAQ, 2011). To be considered an organ donor in the United States one must sign a Uniform Donor Card, however, once an individual has deceased, the family must provide consent to participate in organ donation (Korschun, 2013). This createsRead MoreThe Sources And Outcomes Of The Gift Of Life Essay1509 Words   |  7 PagesThe Sources and Outcomes of the Gift of Life. Organ donations stimulate positivity for the terminally ill despite all the challenges that derive prior. It can persevere the gift of life or duration period of time. The transplantation industry process may have a divine outcome before it withstands various undergoes. Organ donation sources may not be measured according to the demand or advantages, the transplantation organ shortage obstacles, independent characteristics or incentives, or social costRead MoreSpeech: Organ Donation Essay1323 Words   |  6 PagesSpeech: Organ Donation INTRODUCTION /ATTENTION STEP A. 1. Imagine that a loved one has just been severely injured in a car accident. 2. The injuries include brain trauma, broken bones, but most notably, a loss of two pints of blood, that your friend is in desperate need of. 3. Coincidentally your blood type matches. 4. 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Organ donation is the process of providing an organ, organs, or partial organ to transplant into one or more people. Organ donors can be deceased or living. AccordingRead MoreThe Law Of Organ Donation Is Just, I Affirm1284 Words   |  6 PagesSince an opt out system of organ donation is just, I affirm. Because the resolution evaluates the justness of presuming consent, my value for this round is Justice, defined as giving each individual what they deserve. Since everyone is due natural rights, my value criterion for this debate shall be to maximize natural rights. William Wainwright of American Philosophy Quarterly writes in 1967 that natural rights include the right to life, and the right to liberty, because each person has equal moral

Social Etiquette and Personality Development †MyAssignmenthelp.com

Question: Discuss about the Social Etiquette and Personality Development Management. Answer: Introduction: The above-mentioned test result highlights the four qualities, namely extravert, sensing, feeling and judging. The four personality attributes that are enough to judge the personality of any human being, consists of the ESFJ. According to the given test result, I am 66% extrovert, with 1% of sensing, having 38% feeling and 62% judging ability. This highlights that I am extrovert in nature and like socialising with people. I find myself comfortable in social groups and never leave myself alone and isolated. Moreover, I prefer mixing with lot of people and make new friends. Moreover, I prefer to go out in a social function, rather than spending my leisure in isolation. Rather than reading a book all alone and spending the leisure time, I prefer to go outside. Thus, the personality test has rightly judged that I have distinct preference for extraversion over introversion. However, since at times, I also enjoy spending my time all by myself, in pursuing my hobbies; hence the percentage o f extraversion did not exceed 66%. According to the test result, I do not prefer sensing to intuition. This highlights the fact that I follow my intuition while taking various decisions management. However, this is not always correct, since I often use my judgemental power and rational thinking, rather than perceiving and relying on my intuition. Thus, using sensing or intuition depends on the situations that are faced. Thus, though I rely on my intuition more than my sensing, yet the result is not exactly correct. The test result highlights the fact that I have moderate preference of feeling, over thinking. This highlights the facts that I tend to follow the path of thinking, rather than going with the feeling. In any critical situation, the path I will follow, depends largely on the situation itself. Whether the path of thinking or feeling is followed, depends mainly on the critical situation that is faced. However, most of the time, preference is given to thinking, rather than the feeling. Hence, the result of the analysis is correct and justified. The result of the test highlights that I have high preference of judging, over perceiving. Thus, in any given situation I take the path of judgement over perceiving. Judgemental analysis is usually correct and helps in taking the actual decision, rather than perceiving. Thus, my overall tendency towards using my judgement rather than perceiving is correctly highlighted in the MBIT test. Thus, the results obtained from the test are correct and agreed upon by me. The overall analysis of the test result is correct and matches with my personality. Critique of the MBTI test The MBTI assessment is one of the best personality tests that are available. It is one of the most trusted personality assessment tools available (Salgado Turiz, 2014). While developing this test, the developers, Briggs and Myers highlighted four personality traits and its contrasts namely Extraversion and introversion, sensing and intuition, thinking and feeling, judging and perceiving (Diekmann Knig, 2015). The qualities and its contrasts are described in details: These two qualities in human beings distinguish among those who direct their energy towards the outside world, towards other people, from the people who direct their primary energy towards their inner experience and self-development (Prather Bates, 2015). These two qualities are effective in distinguishing between these two categories of people. These two contrasting personality tests are effective in distinguishing people who take information through the five senses and their own experience, from those people who prefer taking information through impressions and rely more on possibilities (Salgado Turiz, 2014). Thus, these qualities are essential part of the personality test. These qualities distinguish people who take decisions based on logic and objectivity from people who take decisions based on personal values (Tananchai, 2017). These two personality types are essential qualities in understanding the personality of various kinds of people. Judging and Perceiving These essential human qualities differentiate between who prefer planning and strict structure management, from the kind of people who are flexible and have open options (Wang, 2015). The test is reliable and widely used in various schools, universities, offices as well as by psychologists. Since the test results are more or less accurate, hence people rely on the MBTI test. Experts opine that the MBTI test is the most effective personality assessment test, having high reliability and validity (Wang, 2015). Since the results obtained are genuine, hence it is widely used. Many school counsellors also use this personality test, in order to determine the personality of the students and guide then to pursue a particular career option. Moreover, this test is taken up by the candidates in order to determine the leadership qualities in them. An ideal leader has certain leadership traits and hence similar traits highlight a prospective leader. Thus, most of the counsellors and teachers rely on the validity and reliability the MBTI test results. Alternatives to the MBTI test include the Big five personality test (Rice, 2015). However, the popularity and the reliability of the MBTI test is much more important and prominent, thus making it a popularly used personality test (Salgado Turiz, 2014). The other personality tests are not suitable enough to be an effective replacement. However, the other tests could be used as alternatives. Thus, the MBTI test is an effective one and the test highlights the personality of a person effectively. However, if the person taking the test fills in the answers randomly, without the actual and accurate response, then the test fails to analyse the personality of the person and gives a false result that cannot be relied upon. Hence, in order to ensure that the test and its results are genuine and determine the actual personality of the person taking the test, it is essential that the responses are filled in genuinely and are not random. References Diekmann, J., Knig, C. J. (2015). PERSONALITY Testing In PERSONNEL Selection.Employee recruitment, selection, and assessment: Contemporary issues for theory and practice, 117. Prather, Z., Bates, J. (2015). Personality Types and Physical Touch.Undergraduate Research Journal for the Human Sciences,14(1). Rice, J. W. (2015).Using Myers-Briggs Personality Type Indicators to Predict High School Student Performance in an Educational Video Game. University of North Texas. Salgado, J. F., Turiz, G. (2014). The Five-Factor Model, forced-choice personality inventories and performance: A comprehensive meta-analysis of academic and occupational validity studies.European Journal of Work and Organizational Psychology,23(1), 3-30. Tananchai, A. (2017). The Personality of Students Studying the Social Etiquette and Personality Development Course by Myers Briggs Type Indicators (MBTI) Theory.AJE,3(2). Wang, C. Y. (2015). Preference measures of rectangle ratio on MBTI personality types.Art and Design Review,3(03), 69.

WalMart Essay Example For Students

WalMart Essay Wal-Marts philosophy has always been to provide everyday low prices and superior customer service. But this philosophy might have stared potential customers away from Wal-Mart. Many people, including myself, have the misconception that Wal-Mart only sells necessities that the average working class family can afford. An extreme eye opener for me was a recent television commercial by Wal-Mart. I saw that they also sold flat panel televisions, which is considered a luxury item for any social class. After going to their website to see what other luxury items Wal-Mart sold I was amazed at the number of items I found that were not the necessities which I stereotyped them selling. Wal-Mart has to change the publics opinion of the items that they sell and the types of people that it has in mind of serving. Sam Walton was the shrewd businessman behind the worlds largest retailer. After working his way through the University of Missouri as a newspaper delivery boy, he got a job in Des Moines, Iowa as a management trainee for J.C. Penny at a salary of $75 a month. We will write a custom essay on WalMart specifically for you for only $16.38 $13.9/page Order now Walton borrowed some money from his father-in-law and opened a variety store after serving as an Army captain in World War II. A chain of drugstores followed. He went into business with his brother Bud, and by 1960, the Waltons 15 stores were taking in $1.4 million a year. But Walton soon saw a challenging new competitor arise in the discount store. The Walton brothers opened their first Wal-Mart in 1962 in Rogers, Arkansas. Specializing in name brands at low prices, the chain of Wal-Mart stores sprang up across rural America. Wal-Marts sales grew to $26 billion by 1989, compared to $1 billion in 1980. By 1990, Wal-Mart was the largest U.S. retailer, with 1,700 stores. One year later Wal-Mart entered the international market for the first time with the opening of a unit in Mexico City. Within five years, Wal-Mart would enter Puerto Rico, Argentina, Brazil and China. Since then, Wal-Mart has built stores in Canada, Germany, Korea and the United Kingdom. Wal-Mart currently opens a new megastore every two business days and has expanded, on average, into one new country each year. . Walmart Essay Example For Students Walmart Essay Wal-Marts everyday low prices gives an edge over other retailers. Efficient IT infrastructure enables to smoothen inbound and outbound logistics. Distribution efficiencies reduces the dependency on the suppliers inefficiencies. Wide range of products provides customer anything and everything under one roof. Current dominating market position gives advantage in market development and penetration. economies of scale of scale Weaknesses- The weakness is that their overhead is expensive to run store facilities all over the world. Hierarchical corporate structure may impair decision-making. In an attempt to succeed by means of low prices, may possibly portray Walmart Essay as a cheap store. Market maturing Concentration in a low margin industry Zoning issues are the store real estate problems. Just because a company has the ability to build a huge store anywhere it wants to, it does not necessarily mean that it is possible to build one anywhere it wants to. The real estate issue becomes more evident in crowded cities such as Japan where there is a major concern over the availability of real estate. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Opportunities Expansion into emerging International markets Societal trend towards environmental friendly and American -made products Move toward value for money products in the slower economic growth Threats- Even though Wal-Mart is the largest retailer and most successful, they can still be threatened by many factors ranging from their main competitors, environmental, and economic factors. In many places in USA, Wal-Mart has faced the Anti Wal-Mart activists. According to them having Wal-Mart in the neighborhood kills the local retailers, increases the property taxes to pay for sewage, roads, utilities, and sidewalks. Regulations and political stability in the international markets Exchange rate fluctuations A union problem for ex.Germany has one of the highest degrees of unions and this has a profound effect on hiring, retaining, and laying off employees. Once an employee is hired, it costs more in Germany to keep the employee on payroll and to lay off the employee. German workers are one of the highest paid workers in the world. Capital intensive for expansion Challenges The main challenge for Walmart in the years to come is to make sure they continue to keep their customers and associates satisfied. In addition, to be a profitable corporation for their investors who own stock in Walmart. If they continue for excellence in these areas they are likely to be a great corporation now and in the years to come. However, if they fail at these areas then the challenge awaits them, which is avoiding bankruptcy Taking the organization ahead A roadmap from 2004 ton 2007: Internal product development : Our product-development team, working with Wal-Mart buyers, is driving significant improvement in key product categories such as apparel, domestics and electronics. Global procurement: Last year we assumed responsibility of global procurement from a third party. This allowed us to better coordinate the entire global supply chain from product development to delivery. In addition, our global procurement program allows us to share our buying power and merchandise network with all our operations throughout the world. Promote the Walmart Culture: All Wal-Mart leaders must understand our culture and our commitment to integrity. Thats why weve developed a number of leadership initiatives, including the Business Leadership Series, People Asset Reviews and accelerated programs for high-potential international managers. Leverage the core competencies we have developed in logistics, information systems and real estate : These competencies represent an essential part of our every day low cost commitment, which makes Every Day Low Prices possible. One of our favorite ways to introduce value is the Rollback program, which began in 1992 as a way of reminding Customers that were not resting on our Every Day Low Prices. .u74268a74cfe41f1acf098e26ea32fb7a , .u74268a74cfe41f1acf098e26ea32fb7a .postImageUrl , .u74268a74cfe41f1acf098e26ea32fb7a .centered-text-area { min-height: 80px; position: relative; } .u74268a74cfe41f1acf098e26ea32fb7a , .u74268a74cfe41f1acf098e26ea32fb7a:hover , .u74268a74cfe41f1acf098e26ea32fb7a:visited , .u74268a74cfe41f1acf098e26ea32fb7a:active { border:0!important; } .u74268a74cfe41f1acf098e26ea32fb7a .clearfix:after { content: ""; display: table; clear: both; } .u74268a74cfe41f1acf098e26ea32fb7a { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u74268a74cfe41f1acf098e26ea32fb7a:active , .u74268a74cfe41f1acf098e26ea32fb7a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u74268a74cfe41f1acf098e26ea32fb7a .centered-text-area { width: 100%; position: relative ; } .u74268a74cfe41f1acf098e26ea32fb7a .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u74268a74cfe41f1acf098e26ea32fb7a .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u74268a74cfe41f1acf098e26ea32fb7a .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u74268a74cfe41f1acf098e26ea32fb7a:hover .ctaButton { background-color: #34495E!important; } .u74268a74cfe41f1acf098e26ea32fb7a .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u74268a74cfe41f1acf098e26ea32fb7a .u74268a74cfe41f1acf098e26ea32fb7a-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u74268a74cfe41f1acf098e26ea32fb7a:after { content: ""; display: block; clear: both; } READ: The Issue Of College Tuition Essay . Walmart Essay Example For Students Walmart Essay Wal-Mart Current Situation Analysis Mission and Strategic Objectives We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Wal Mart Corporations mission statement can be identified as follows: Sam Walton built Wal-Mart on the revolutionary philosophies of excellence in the workplace, customer service and always having the lowest prices. We have always stayed true to the Three Basic Beliefs Mr. Sam established in 1962: 1.Respect for the Individual 2.Service to Our Customers 3. Strive for Excellence Wal-Mart is the worlds largest retailer, operating more than 5800 discount stores. Wal-Mart employs more than 1.5 million associates 885,000 in the United States and 225,000 internationally. Walton had a reputation for caring about his customers, his employees, and the community. In order to maintain its market position in the discount retail business, Wal-Mart executives continue to adhere to the management guidelines Sam developed. Walton was a man of simple tastes and took a keen interest in people. He believed in three guiding principles: 1.Customer value and service; 2.Partnership with its associates; 3.Community involvement. Strategy Wal-Mart succeeds in the United States simply by selling branded products at low cost. But that doesnt explain it all. Following is an analysis of Wal-Marts competitive strategy. Pricing Wal-Marts marketing strategy was to guarantee ;everyday low prices; as a way to attract customers. The traditional discount retailer, which relies on ;sales,; not only has to do more advertising and promotions but also has to rely more on catalog mailing, buildup of inventory before a sale, markdowns on the unsold inventory, etc. Wal-Mart stores operate according to their ;Everyday Low Price; philosophy. Wal-Mart has emerged as the industry leader because it has been better at containing its costs, which has allowed it to pass on the savings to its customers. Wal-Mart has become a capability competitor. With such low wages for those who make the Bratz dolls, Wal-Mart can profit greatly while still providing low prices to its customers. In a global labor market, it is the companies who can find the cheapest, most exploitable conditions, with little worker protection or regulations that will profit the greatest. Distribution System About 85 percent of all the merchandise that Wal-Mart sold was shipped through its distribution system to the stores (competitors averaged less than 50 percent). Wal-Mart used a ;saturation; strategy for store expansion. The standard was to be able to drive to a store within a day from a distribution center. A distribution center was strategically placed so that it could eventually Information System First and most important thing about Wal-Marts information system is precisely that the customers needs come first. Wal-Mart had implemented a satellite network system that was used to share information between the companys network of stores, distribution centers and suppliers so orders could be consolidated, enabling the company to buy full truckloads without incurring excess inventory costs. Increase flexibility, insured 100 percent in-stock position increased store-selling space (by reducing the space required for back-room inventory storage). Store-level data were collected, analyzed and transmitted electronically to see how a particular region, district, store, department within a store or item was performing. This eliminated stock-outs, reduced the need for markdowns on slow-moving stock and maximized inventory turnover. The benchmark information across stores was also a valuable tool to help problem stores. 1) The CustomerOne of Waltons deepest beliefs was that the customer is always right, and his stores are still driven by this philosophy. When questioned about Wal-Marts secrets of success, Walton has been quoted as saying; It has to do with our desire to exceed our customers expectations every hour of every day; 2) The AssociatesWaltons greatest accomplishment was his ability to empower, enriches, and trains his employees. He believed in listening to employees and challenging them to come up with ideas and suggestions to make the company better. At each of the Wal-Mart stores, signs are displayed which read; Our People Make the Difference. Associates regularly make suggestions for cutting costs through their Yes We Can Sam program. One of Wal-Marts goals was to provide its employees with the appropriate technological tools, in order to do their jobs more efficiently, and succeed in the retail market. Wal-Mart has grown from a single store open by Sam Walton in 1962 to a global corporation. .uc0c37d335e34bdee91ec367aa556efd8 , .uc0c37d335e34bdee91ec367aa556efd8 .postImageUrl , .uc0c37d335e34bdee91ec367aa556efd8 .centered-text-area { min-height: 80px; position: relative; } .uc0c37d335e34bdee91ec367aa556efd8 , .uc0c37d335e34bdee91ec367aa556efd8:hover , .uc0c37d335e34bdee91ec367aa556efd8:visited , .uc0c37d335e34bdee91ec367aa556efd8:active { border:0!important; } .uc0c37d335e34bdee91ec367aa556efd8 .clearfix:after { content: ""; display: table; clear: both; } .uc0c37d335e34bdee91ec367aa556efd8 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uc0c37d335e34bdee91ec367aa556efd8:active , .uc0c37d335e34bdee91ec367aa556efd8:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uc0c37d335e34bdee91ec367aa556efd8 .centered-text-area { width: 100%; position: relative ; } .uc0c37d335e34bdee91ec367aa556efd8 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uc0c37d335e34bdee91ec367aa556efd8 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uc0c37d335e34bdee91ec367aa556efd8 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uc0c37d335e34bdee91ec367aa556efd8:hover .ctaButton { background-color: #34495E!important; } .uc0c37d335e34bdee91ec367aa556efd8 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uc0c37d335e34bdee91ec367aa556efd8 .uc0c37d335e34bdee91ec367aa556efd8-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uc0c37d335e34bdee91ec367aa556efd8:after { content: ""; display: block; clear: both; } READ: International Business Law, Go Essay Wal-Mart is presently the largest private employer, hiring directly for its own needs, . Walmart Essay Example For Students Walmart Essay Relationship Marketing King Wal-Mart Still No. 1 by Doug Edge April 29, 2003 The economists are still telling us how bad the U.S. economy is, but dont say anything about the bad economy to your local Wal-Mart greeter. His or her employer just witnessed revenues grow by 12 percent in 2002, to $246. 5 billion. He or she will probably proudly let you know that Wal-Mart Stores Inc. was just ranked number oneagainby Fortune magazine, leading the top 500 corporations for a second year in a row. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now How do they do it? Sam Waltons 1992 book Made In America has all the details, but let me sum up: Wal-Mart knows relationship marketing. Rule No. 8 of Sams Rules for Building A Business; holds the secret to this winning formula of success. He says, ;Let them (your customer) know you appreciate them.; So what has Wal-Mart done to show that they appreciate their customers? They use one-to-one relationship marketing tactics, executed by the famous Wal-Mart greeter. The Wal-Mart greeting was the original method used by the giant retailer to show customers that they are appreciated. A greeter at the door thanks customers for coming in, assists with a shopping cart, and provides a ;goodbye thank you; upon departing the store. The friendly senior citizen dressed in the blue vest conveys warmth and personality to every guest entering or exiting a Wal-Mart store. So why dont others adopt this simple marketing tactic? Some do. Meijer retail stores also use greeters; many restaurants, hotels and other businesses do the same. But most dontbecause relationship marketing is not as simple as it seems. It takes a type of commitment different than traditional marketing. Relationship Marketing Has 4 Key Components: It has to be personalized. Personalization can come in the form of a highly targeted direct mail piece, a phone call or email. Obviously the handshake and a smile illustrated by Wal-Mart greeters also work well in personalizing the relationship. It has to be targeted. Wal-Mart invests money in maintaining relationships with existing customers. By targeting this group, Wal-Mart establishes long-term relationships with their most loyal shoppers. Targeting customers through programs that reward loyalty can result in big returns over the life of the customer. It has to be meaningful. Your marketing message has to connect in an emotional way to establish a lasting relationship. If the Wal-Mart greeter did not look you in the eye while saying ;hello,; the greeting would not have a lasting impact. It should be interactive. Many Wal-Mart greeters learn the names of frequent shoppers. Walmart Essay.com, a subsidiary of Wal-Mart Stores Inc., does a great job of asking for the relationship online by providing special offers to those who supply their email address. It is important to make relationship marketing interactive so you can hear feedback, determine what is working and what is not. These key components are essential in relationship marketing programs even if your target audience is not the price-conscious retail shopper that Wal-Mart attracts. Business Relationship Marketing Can Be Achieved By Following These Tactics: Develop a relationship by mixing knowledge with fun. Plan events for clients and prospects that educate while offering entertainment and social interaction. Send out a monthly eNewsletter or eZine with useful content that connects to your clients and prospects. This tactic will show them that you care about their business and value their time by providing them information they can use. Stay away from a sales focus. Instead, provide industry and product news with some entertainment value. Initiate an appreciation program. Send customers thank you cards or gifts after making a purchase. You can also send a thank you gift to show appreciation for their business on the account anniversary date. Look for ways to help your clients and prospects beyond your own capabilities. .uc57ba890555350ff639346f1a6f7d49a , .uc57ba890555350ff639346f1a6f7d49a .postImageUrl , .uc57ba890555350ff639346f1a6f7d49a .centered-text-area { min-height: 80px; position: relative; } .uc57ba890555350ff639346f1a6f7d49a , .uc57ba890555350ff639346f1a6f7d49a:hover , .uc57ba890555350ff639346f1a6f7d49a:visited , .uc57ba890555350ff639346f1a6f7d49a:active { border:0!important; } .uc57ba890555350ff639346f1a6f7d49a .clearfix:after { content: ""; display: table; clear: both; } .uc57ba890555350ff639346f1a6f7d49a { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uc57ba890555350ff639346f1a6f7d49a:active , .uc57ba890555350ff639346f1a6f7d49a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uc57ba890555350ff639346f1a6f7d49a .centered-text-area { width: 100%; position: relative ; } .uc57ba890555350ff639346f1a6f7d49a .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uc57ba890555350ff639346f1a6f7d49a .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uc57ba890555350ff639346f1a6f7d49a .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uc57ba890555350ff639346f1a6f7d49a:hover .ctaButton { background-color: #34495E!important; } .uc57ba890555350ff639346f1a6f7d49a .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uc57ba890555350ff639346f1a6f7d49a .uc57ba890555350ff639346f1a6f7d49a-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uc57ba890555350ff639346f1a6f7d49a:after { content: ""; display: block; clear: both; } READ: Essay on Obamacare: A Rocky Start To A Smoother Future Essay Refer them to other quality vendors, share an article related to their business or put them in touch with someone who can help. This will go a long way in building a relationship. Make phone calls. Email is easy but picking up the phone and thanking someone for using your company can go a long way. Dont forget the value of real conversations and face-to-face meetings. There is a reason why Wal-Mart employs more . Walmart Essay Example For Students Walmart Essay Wal-Mart is the Worlds largest grocery retailer and control of its empire, despite its IT advantages, could leave it weak in some areas due to the huge span of control. Since Wal-Mart sell products across many sectors (such as clothing, food, or stationary), it may not have the flexibility of some of its more focused competitors. The company is global, but has has a presence in relatively few countries Worldwide. Opportunities To take over, merge with, or form strategic alliances with other global retailers, focusing on specific markets such as Europe or the Greater China Region. The stores are currently only trade in a relatively small number of countries. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Therefore there are tremendous opportunities for future business in expanding consumer markets, such as China and India. New locations and store types offer Wal-Mart opportunities to exploit market development. They diversified from large super centres, to local and mall-based sites. Opportunities exist for Wal-Mart to continue with its current strategy of large, super centres. Threats Being number one means that you are the target of competition, locally and globally. Being a global retailer means that you are exposed to political problems in the countries that you operate in. The cost of producing many consumer products tends to have fallen because of lower manufacturing costs. Manufacturing cost have fallen due to outsourcing to low-cost regions of the World. This has lead to price competition, resulting in price deflation in some ranges. Intense price competition is a threat. Wal-Mart Stores, Inc. is the worlds largest retailer, with $256. 3 billion in sales in the fiscal year ending Jan. 31, 2004. The company employs 1.6 million associates worldwide through more than 3,600 facilities in the United States and more than 1,570 units . . . more? Go toWal-Mart Facts Disclaimer: This case study has been compiled from information freely available from public sources. It is merely intended to be used for educational purposes only. . Walmart Essay Example For Students Walmart Essay Generally people have little knowledge of the actual gist beside the term genetically engineered foods? It may sound like a harsh term, yet to some, it has little to no importance. Genetic engineering basically means to remove genes from one organism such as a plant or an animal, and transferring it to another or altering genes from a plant or an animal in order to attain certain results. Much debating goes on about the issues in the controversy over genetically engineered foods. While some people do not seem to mind it, or choose to foresee the issues regarding it, some people have much stronger feelings against the practice. Many important issues evolve around genetically engineered foods, but a few of the main issues consist of whether consuming good generated via genetic engineering will prove itself as safe, helpful and beneficial to health. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Many people have feelings of uncertainty about consuming genetically engineered food, as a result of uncertainty about the safety of doing so. In the article, Frankenfood Frenzy, consumers and health activist groups find genetic engineering on food unsafe. In addition, Greenpeace calls genetically modified food biological pollution (Frenzy 1). People tend to feel that consuming genetically modified foods could have harmful results and could in the long run contribute towards the development of health problems (Frenzy 1). Yet on the other hand, to some people genetically engineered bear out safety. Gregory Jaffe and Doug Sherman, co-directors of the Biotechnology Project at the Center for Science stated that people should not portray nervousness about eating genetically engineered foods. He mentioned that in most cases, people do not actually eat those genes. For example, by the time a genetically engineered corn plant gets processed into corn oil or corn syrup, virtually none of the genes remain in the food (Jaffe 2). Doug Sherman stated that genetically engineered food should undergo proper testing procedure because of two major concerns. One concern links to the new genes or proteins engineered and whether they might produce toxins that can harm in the short or long term, or whether the new gene might produce a protein that triggers an allergic reaction in a person who eats the food. No other worries involve this matter. (Sherman 2). Many controversial issues have existed about the helpfulness of genetically engineered food and many views on whether or not genetically engineered foods helped health got expressed. Some say that genetically engineered foods can help. The article, Frankenfood Frenzy stated that researchers have found a way to enrich rice with beta-carotene by inserting genes from a bacterium and a daffodil. This way the body converts the beta-carotene into vitamin A. By adding another gene derived from a French bean, the iron content of rice can and will possibly double. This genetically modified rice could become available to farmers as soon as 2003. This genetic engineering promises to save millions of people in poor countries (Frenzy 1). In addition to that, the article stated that products derived from agricultural genetic engineering available today include crops resistant to disease and insect, therefore resulting in fruits that stay fresh longer, and cow hormones that lead to increased milk production. These advances include foods containing vaccines and antibodies that fight diseases like hepatitis and cholera, and foods modified to eliminate common allergens (Frenzy 1). The article Hybrid Vim and Vigor, also proved genetically engineered foods uphold its helpfulness. The author, William L. Brown, researcher of George Shulls experiments with inbreeding and crossbreeding corn, stated that the adoption of hybrid corn progressed steadily and dramatically in the Corn Belt. This leads to the increase of more bushels of corn per acre. In addition, the value of corn to the farmer advanced to several billion dollars per year (Brown 2). Genetically engineered foods have brought many controversial issues up amongst society in the past as well as in the future. Many people feel that without the help of genetically engineered foods, society would have many problems that exist beyond a reasonable doubt. Such issues, such as genetically engineered food, give people different mind sets by which they adhere to. Some find genetically engineered foods to be beneficial, while some find it to be harmful. .ua27a4d7dce0da0bbddff1cc13d35a738 , .ua27a4d7dce0da0bbddff1cc13d35a738 .postImageUrl , .ua27a4d7dce0da0bbddff1cc13d35a738 .centered-text-area { min-height: 80px; position: relative; } .ua27a4d7dce0da0bbddff1cc13d35a738 , .ua27a4d7dce0da0bbddff1cc13d35a738:hover , .ua27a4d7dce0da0bbddff1cc13d35a738:visited , .ua27a4d7dce0da0bbddff1cc13d35a738:active { border:0!important; } .ua27a4d7dce0da0bbddff1cc13d35a738 .clearfix:after { content: ""; display: table; clear: both; } .ua27a4d7dce0da0bbddff1cc13d35a738 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ua27a4d7dce0da0bbddff1cc13d35a738:active , .ua27a4d7dce0da0bbddff1cc13d35a738:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ua27a4d7dce0da0bbddff1cc13d35a738 .centered-text-area { width: 100%; position: relative ; } .ua27a4d7dce0da0bbddff1cc13d35a738 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ua27a4d7dce0da0bbddff1cc13d35a738 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ua27a4d7dce0da0bbddff1cc13d35a738 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ua27a4d7dce0da0bbddff1cc13d35a738:hover .ctaButton { background-color: #34495E!important; } .ua27a4d7dce0da0bbddff1cc13d35a738 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ua27a4d7dce0da0bbddff1cc13d35a738 .ua27a4d7dce0da0bbddff1cc13d35a738-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ua27a4d7dce0da0bbddff1cc13d35a738:after { content: ""; display: block; clear: both; } READ: Child Prostitution and Pornography Exploratory Ess Essay Many important issues evolve . Walmart Essay Example For Students Walmart Essay By exploiting core competencies firms can develop value creating strategies which are superior to their competitors. Wal-Mart are experts at using there core competencies to become superior to their competitors. There are three resources which allow a company to create a core competency. Tangible resources consist of assets that can be seen, financial resources (borrowing capacity), physical resources, organizational structure and technology. Wal-Mart is a huge and very powerful company and therefore uses its ability of lending to become a core competency. Intangible resources are characterized by human resources, resource for innovation, and reputation. This category is where Wal-Mart excels against all its competitors. Knowledge, training and corporate culture possessed by employees may be one of the most significant sources of core competencies and competitive advantages throughout the business world. This is due to being very hard to copy or substitute for. Brand equity consists of brand name and maintaining brand equity. Wal-Mart are masters at using this resource as an advantage over their competitor are Wal-Marts emphasis is on its image of everyday low prices and high quality goods when marketing. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Wal-Mart uses many different channels when marketing itself. It uses television, radio, monthly circulars, weekly newspapers and many more channels. Each one of these channels can be used in an unique way to emphasize Wal-Marts position of selling quality products at low prices. Radio usually grabs the audiences attention by promoting products which are experiencing high demand. Both of these channels are made stronger by the use of newspapers adverts and monthly circulars. In these marketing channels deeply discounted items are highlighted to the potential competitors and these items help lure the customers into the stores. The idea of having quality for less is a good marketing plan because it gets people into the store. It also offers a competitive advantage over the competitors because they can not financially match Wal-Mart prices. This is due to Wal-Mart having better use of financial resources, technology and physical resources. By censoring some products Wal-Mart are trying to market themselves as a company with good values. They use this to attract families. Unfortunately this plan has negative and positive effects. A negative effect is the effect of preventing or manipulating artistic freedom. Due to Wal-Marts restrictions many singers have changed their work. This can be seen as bad for society when one firm dictates what sort of art is released. It could also hurt Wal-Mart financially if it alienates people who do not believe in censorship or if public opinion towards censorship changes. On the positive side their censorship strategies help strengthens their market position of being there for the family and community. A major strength of Wal-Mart is its service-scapes or in store atmosphere. When you walk into any Wal-Mart you are met by happy and helpful staff. This helps strengthen the firms brand image of being a nice and community based firm. All Wal-Mart stores have a lot of nightlights which allow sunlight to enter the store. Many of Wal-Marts competitors like K-mart and Target do not use this idea which lowers the cost of lighting and more importantly makes people happier and more trusting in your products. Target and K-mart, who are Wal-Marts competitors, do not have a happy, community feeling in their stores. A clever marketing idea which Wal-Mart uses to emphasize its commitment to a position of friendly service is the yellow smiling face which rolls back the prices. In this small idea Wal-Marts core competencies are highlighted, lower prices with friendly service. None of its competitors have been able to copy this competitive advantage and this shows why Wal-Mart are far superior with sales. Another marketing strategy Wal-Mart uses is involving each store in the local community. By sponsoring local teams and showing pictures of them it helps manipulate the customers into believing the Wal-Mart cares about the community and gives as well as takes. This is a major competitive advantage Wal-Mart has over its competitors. Buy American is another advertisement which Wal-Mart uses to make people feel better or happier about shopping at Wal-Mart. .u882c393c93c9d414ece1c792fdaf669d , .u882c393c93c9d414ece1c792fdaf669d .postImageUrl , .u882c393c93c9d414ece1c792fdaf669d .centered-text-area { min-height: 80px; position: relative; } .u882c393c93c9d414ece1c792fdaf669d , .u882c393c93c9d414ece1c792fdaf669d:hover , .u882c393c93c9d414ece1c792fdaf669d:visited , .u882c393c93c9d414ece1c792fdaf669d:active { border:0!important; } .u882c393c93c9d414ece1c792fdaf669d .clearfix:after { content: ""; display: table; clear: both; } .u882c393c93c9d414ece1c792fdaf669d { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u882c393c93c9d414ece1c792fdaf669d:active , .u882c393c93c9d414ece1c792fdaf669d:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u882c393c93c9d414ece1c792fdaf669d .centered-text-area { width: 100%; position: relative ; } .u882c393c93c9d414ece1c792fdaf669d .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u882c393c93c9d414ece1c792fdaf669d .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u882c393c93c9d414ece1c792fdaf669d .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u882c393c93c9d414ece1c792fdaf669d:hover .ctaButton { background-color: #34495E!important; } .u882c393c93c9d414ece1c792fdaf669d .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u882c393c93c9d414ece1c792fdaf669d .u882c393c93c9d414ece1c792fdaf669d-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u882c393c93c9d414ece1c792fdaf669d:after { content: ""; display: block; clear: both; } READ: Autism Essay Its competitors do not give their products any character where as Wal-Mart sell their products as a package. If you buy fishing tackle from Wal-Mart . Walmart Essay Example For Students Walmart Essay The first Wal-Mart Store was opened in 1962 by Sam Walton. This small-town merchant, who had operated a variety of stores in Missouri and Arkansas, was convinced consumers would flock to a discount store with a wide variety of merchandise and friendly service. This company has flourished into the worlds number one retailer. From this the company has reached out into grocery (Wal-Mart Supercenters), international operations, membership warehouse clubs (Sams Club), and deep discount warehouse outlets. These expansions into other types of retail have given the corporation even more room for growth. Wal-Marts financial explosion has also lead to the creation of many jobs. With the creation of 85,000 new Wal-Mart jobs, the number of employee for this giant is upwards of 600,000 in the United States alone. Bibliography: . We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Walmart Essay Example For Students Walmart Essay Case Analysis: Wal-Mart History/Development/Growth Sam Walton founded wal-Mart in 1962. Much of Wal-Marts success can be attributed to him. He was very simple and ran his company that way. He emphasized hard work and ambition. When the company was in its earlier stages he made it a point to visit every Wal-Mart once a year. He didnt just visit each Wal-Mart and talk with management. He would lead a cheer with the associates. The term associates, which he picked up from his experience working for JC Penneys. He also ran a Ben Franklin franchise with his brother that became extremely profitable. He eventually lost the lease on the store and founded Wal-Mart. They originally started off with 15 stores in the state of Arkansas. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now David Glass took over as president of the company in 1984. Then in 2000 Lee Scott was named CEO. Scott happened to be recruited by David Glass early in his career. Wal-Mart is now the largest retailer in the world with revenues of 165 billion. Internal Strengths and Weaknesses At first glance Wal-Mart seems to be exactly like the next retailer such as Kmart. There are a few distinguishing characteristics that separate them from the rest. First, they always build distribution centers before opening store locations, which saved costs on distribution overhead. Second, they have the most sophisticated inventory system. It operates in real time. As soon as an item is scanned at checkout it is directly sent to inventory and new products are automatically ordered. This process also helps with speedier projections and sales information. Third, they have an outstanding company culture. The same culture that Mr. Sam himself had emulated. Along these same lines, they emphasized a high value for associates, which is what they call their employees. As well as being more service oriented. They also found the delicate balance between having low prices and appearing too cheap. External Environment During the 80s and early 90s retailers when through some difficult times. There was a large increase in competitive pressure, which resulted in much lower margins. At the time most households did not have much discretionary spending. Therefore consumer spending was very limited. There was only enough money for the essentials. The entire economy was in a recession. Around 1998, unemployment was at an all-time low. Total household income was up and inflation was very low. All of a sudden buying power was higher and consumers were willing to buy. The United States is still experiencing one of the longest periods of economic expansion in its history. SWOT StrengthsDistribution centersCultureInventory SystemBargaining Weaknesses OpportunitiesMore storesIncorporate grocery itemsBuy out remaining competitionThreatsCompetition Corporate Level Strategies At the corporate level, Wal-Mart tries to stay ahead of the game. From the very beginning they have been for rapid expansion. They are currently located in nine different countries as well as all 50 states. They have also tried new retail formats such as Sams Club. They also take pride in their stores upgrading and refurbishing. They are also building new distributions centers all the time. They are currently working on expanding into Canada, Asia, South America, and Europe. They also have their own dog food line name after Sams dog, Ol Roy, which was a top seller. Business Level Strategies At the business level there is a large emphasis on customers, provide what they want, when they want it; at a value. They also take a lot of pride in their associates. Average employees make 7.50/hour. They also incorporate teamwork into each store. They stress that employees treat each other how they want to be treated. .u97b4ac0214dab77ba66332f2cb09bfef , .u97b4ac0214dab77ba66332f2cb09bfef .postImageUrl , .u97b4ac0214dab77ba66332f2cb09bfef .centered-text-area { min-height: 80px; position: relative; } .u97b4ac0214dab77ba66332f2cb09bfef , .u97b4ac0214dab77ba66332f2cb09bfef:hover , .u97b4ac0214dab77ba66332f2cb09bfef:visited , .u97b4ac0214dab77ba66332f2cb09bfef:active { border:0!important; } .u97b4ac0214dab77ba66332f2cb09bfef .clearfix:after { content: ""; display: table; clear: both; } .u97b4ac0214dab77ba66332f2cb09bfef { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u97b4ac0214dab77ba66332f2cb09bfef:active , .u97b4ac0214dab77ba66332f2cb09bfef:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u97b4ac0214dab77ba66332f2cb09bfef .centered-text-area { width: 100%; position: relative ; } .u97b4ac0214dab77ba66332f2cb09bfef .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u97b4ac0214dab77ba66332f2cb09bfef .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u97b4ac0214dab77ba66332f2cb09bfef .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u97b4ac0214dab77ba66332f2cb09bfef:hover .ctaButton { background-color: #34495E!important; } .u97b4ac0214dab77ba66332f2cb09bfef .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u97b4ac0214dab77ba66332f2cb09bfef .u97b4ac0214dab77ba66332f2cb09bfef-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u97b4ac0214dab77ba66332f2cb09bfef:after { content: ""; display: block; clear: both; } READ: The Lottery And Religon EssayRecommendations As far as recommendations are concerned I couldnt really come up with anything. The only thing that came to my mind was the grocery store. If Wal-Mart incorporated groceries into their stores they would put all the rest out of business. I dont think they would have to be cheaper either. The convenience of going to Wal-Mart and getting your grocery shopping done at the same time would be too easy to exploit. They seem to be expanding already as it is but I would definitely continue expansion. . Walmart Essay Example For Students Walmart Essay The first Wal-Mart Store was opened in 1962 by Sam Walton. This small-town merchant, who had operated a variety of stores in Missouri and Arkansas, was convinced consumers would flock to a discount store with a wide variety of merchandise and friendly service. This company has flourished into the worlds number one retailer. From this the company has reached out into grocery (Wal-Mart Supercenters), international operations, membership warehouse clubs (Sams Club), and deep discount warehouse outlets. These expansions into other types of retail have given the corporation even more room for growth. Wal-Marts financial explosion has also lead to the creation of many jobs. With the creation of 85,000 new Wal-Mart jobs, the number of employee for this giant is upwards of 600,000 in the United States alone.Bibliography: We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now WalMart Essay Example For Students WalMart Essay The purpose of this paper is to compare the revenue recognition policies of two companies in the search, detection, navigation, guidance, and aeronautical systems industry. The two companies I have selected are Aerosonic Corporation, and Esco Electronics Company. Esco Electronics Company is engaged in the design, manufacture, sale and support of engineered products. These products are used principally in filteration/fluid flow applications, electromagnetic compatibility (EMC) testing, and electric utility communications and control systems. The filtration/fluid flow and EMC testing products are supplied to a broad base of industrial and commercial customers worldwide. At the present time, electric utility communications systems are marketed primarily to customers in North America. The four primary industry segments of Esco are Filtration/Fluid Flow, Test, Communications, and other. In order for Esco to conform with generally accepted accounting principles, management must make careful estimates in preparing the financial statements. These estimates are for anticipated contract costs and revenues earned during the life of the contract. These amounts affect the reported amounts of assets and liabilities on the companys financial statements. Actual results could differ from these numbers. We will write a custom essay on WalMart specifically for you for only $16.38 $13.9/page Order now Revenues are recognized on commercial sales when products are shipped or when services are performed. Revenue on production contracts are recorded when specific contract terms are fulfilled. These amounts are determined either by the units of production or delivery methods. Revenues from cost reimbursement contracts are recorded as costs are incurred, plus fees earned. Revenue under long-term contracts in which the previous two methods are inappropriate, the percentage-of-completion method is used. Revenue under engineering contracts are generally recognized as certain milestones are attained. The percentage-of-completion method recognizes a portion of the estimated gross profit for each period based on progress to date. Progress to date is based on three factors. These three factors are the costs incurred to date, the most recent estimate of the projects total cost, and the most recent gross profit percentage. Progress to date is assumed to be the proportion of the projects costs incurred to date divided by total estimated costs. This fraction is known as the estimated percentage of completion, and is the estimated percentage of completion. However, he biggest flaw with this method is that it only deals with costs. This means that there may not be strong correlation between physical progress and costs incurred. Conceptually, one would want to match revenues when the earnings process is judged to be complete. Since costs dont necessarily mean physical completion, the revenues may not represent actual completion. However, this method does match all revenues with appropriate expenses. The audit risks associated with this method is that cost incurrence could be accelerated to increase the estimate of the percentage completed. Lets say Esco is performing a three-year contract. For simplicity, lets say the contract price is $1000. The first year of the contract, actual costs incurred to date is $200, and the estimated remaining costs is $400. This would call for a projected $400 gross profit on the entire project ($1000-$600). To figure out the gross profit for the first year, you would take the actual costs to date ($200) and divide that by the estimated total cost ($600). This equals the estimated percentage of completion (33%). You would then take this number and multiply it by the total project gross profit (33%*$400), and that would be the gross profit earned to date. In subsequent years, you would take the profit earned to date and subtract from it the gross profit recognized in previous years. The next company Id like to talk about is Aerosonic Corporation, who is in the same industry as Esco. The primary business of Aerosonic Corporation is to manufacture and sell aircraft instruments to government and commercial users from its plants in Florida, Virginia, and Kansas. Prior to 1996, the company also sold non-munitions components for artillery projectiles to the U.S. government and automotive and truck parts to commercial customers. .u81a8fbddca394964b637e0379e403678 , .u81a8fbddca394964b637e0379e403678 .postImageUrl , .u81a8fbddca394964b637e0379e403678 .centered-text-area { min-height: 80px; position: relative; } .u81a8fbddca394964b637e0379e403678 , .u81a8fbddca394964b637e0379e403678:hover , .u81a8fbddca394964b637e0379e403678:visited , .u81a8fbddca394964b637e0379e403678:active { border:0!important; } .u81a8fbddca394964b637e0379e403678 .clearfix:after { content: ""; display: table; clear: both; } .u81a8fbddca394964b637e0379e403678 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u81a8fbddca394964b637e0379e403678:active , .u81a8fbddca394964b637e0379e403678:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u81a8fbddca394964b637e0379e403678 .centered-text-area { width: 100%; position: relative ; } .u81a8fbddca394964b637e0379e403678 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u81a8fbddca394964b637e0379e403678 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u81a8fbddca394964b637e0379e403678 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u81a8fbddca394964b637e0379e403678:hover .ctaButton { background-color: #34495E!important; } .u81a8fbddca394964b637e0379e403678 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u81a8fbddca394964b637e0379e403678 .u81a8fbddca394964b637e0379e403678-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u81a8fbddca394964b637e0379e403678:after { content: ""; display: block; clear: both; } READ: Love and Marriage Essay The companys customers are worldwide. Aerosonic generally recognizes revenue from sales of its products on the accrual basis on the date such products are shipped. In certain circumstances, the U.S. government accepts title of products, even though the products are on the Companys premises. When the U. S. government accepts title in writing, and assumes all risks . Walmart Essay Example For Students Walmart Essay Most admired company Stores in all 50 states Nations largest company Does not have a formal mission statement 3 basic beliefs of founder Respect for the individual Service to our customers Strive for excellence Started an IPO in 1970 1999 #1 Stock in the DOW Implementing two new concepts 1. hypermarkets 200000 sq. ft stores that sell everything 2. Supercenters scaled down supercenters International sales were 16.7% of total company sales in fiscal 2003 Operated internationally in 9 years Hometown USA stores. .to provide the neighboring towns with their needs Starting own clothing lines Acquired McLane Company INC.(largest suppliers of food and merchandise to convenient stores) Sams clubs membership cards different levels of cards 32 billion dollar business Supercenters are the companies faster growing division limited of distribution (working to expand food distr.) Locate supercenters by major food stores to provide customers with the option to choose over price, Walmart Essay almost always win this battle and drives the competitors out of town or business One stop shop We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now 238 supercenters and 71 samclubs internationally after the fiscal year of 2003 united kingdom leader Tesco trying to increase scale of international operation(threat) walmart opposes unions (threat) has worlds largest private satellite communication systems enables to control distribution owns a fleets of truck that deliver goods to any stores with 38-48 hours of the time of order back-haul helps cut cost leads the industry in info technologies Walmart.com profits not made easily over internet.. issues of cost of delivery, merchandise return, and data security All employees have a stake in financial performance and could result in a bonus or promotion . Walmart Essay Example For Students Walmart Essay Wal-Mart is a general merchandise discount retailer, which was incorporated in 1962. Wal-Marts history is based on one man, Sam Walton, who changed the course of retailing forever. Sam Walton first entered retailing when he was a management trainee at J.C. Penny Co. in 1940 in Des Moines, Iowa. After serving in the Army in World War II, Walton acquired a Ben Franklin variety store franchise with his brother James Walton in Newport Arkansas, until they lost the lease to the store in 1950. By 1962, when the first Wal-Mart Discount City was opened in Rogers Arkansas, both Waltons were operating fifteen stores under the Walton 5 10 name, and were the largest Ben Franklin franchisee in the country. Limited pricing, low gross margins, and high inventory turnover characterized these stores. Walton phased out the stores in 1976 in order to focus on the emerging Wal-Mart stores. In 1978, the first distribution center was built, followed by the first Wal-Mart Supercenter in 1983 and a Sams Club in 1988. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Important to Walton, and ultimately Wal-Mart, are certain philosophies that were amounted over time. Walton held these values tightly, and engrained them in the Wal-Mart cultures. From his experience at J.C. Penny Co. he was impressed with the philosophies they used (e. g. The Penny Idea) and used them to mold Wal-Mart. This included referring to employees as associates, serving the public to their complete satisfaction, and receiving a fair profit from services rendered. Waltons theory on what Wal-Mart should be is a conveniently located one-stop shopping unit where customers could buy a wide variety of quality merchandise at discount prices. And as Wal-Mart grew, management sought a firm that was a discount department store chain offering a wide variety of general merchandise to the customer. It was on these values and philosophies that Wal-Mart expanded. Wal-Mart has grown above and beyond the Arkansas store that opened thirty-nine years ago. It serves more than 100 million customers weekly in all of the 50 states, plus Puerto Rico, Canada, China, Mexico, Brazil, Germany, United Kingdom, Argentina, and South Korea. Wal-Marts current operating numbers are: Total Worldwide Associates1,240,000 Wal-Marts financial numbers have grown substantially as well. At the end of the fiscal year 2000, total company sales reached $191 billion dollars. This was an increase over the previous year of 15.9%. Total international sales amounted to $32 billion dollars at the end of the 2000 fiscal year, which was an increase of 41% over the previous year. Wal-Mart is widely recognized as one of the leading discount variety store chains. It is the nations largest discount department store chain, and also one of the largest discounters in the nation in terms of sales dollars. Nations largest discount department store chain. A company with a very defined mission set by Sam Walton. Good distribution concepts with no one store more than 6 hrs. away from warehouse. Constant expansion over lifetime of company. Offers a variety of merchandise for its consumers. Valued their employees and consumers happiness. Everyday Low prices advertising campaign. First retailer to embrace green marketing. Inventory Control system is the best in retail industry. Support of different community activities. Illustrates low prices and at the same time, not portray a cheap image to consumer. Viewed by some consumers as Mom and Pop shop killers. Industry competes on many similar elements. Over exposure to many close markets. Expanding the Sams Club brand and Superstores Partnerships with other businesses to house in store. Inability to enter the Urban Market. Fierce Competition: Kmart, Sears and Target. Getting caught in price wars with competition Economic uncertainty and buying patterns of consumers. Factory Outlet stores with lower price strategies. 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ToysRUs and Home Depot. Wal-Mart targets a wide variety of consumers with many different strategic advertising campaigns. Have you ever heard of that Everyday low prices slogan? This is an example of Wal-Marts mass marketing approach to the marketplace. Wal-Marts specific target market ranges from 25 years old and up. Wal-Mart targets the family oriented consumer who is looking for a good value at a low price. Wal-Mart has numerous strengths and weaknesses that must be analyzed to better understand their industry. (See Appendix for Porters Five Forces analysis of the .