Nakamura Lacquer Company Essay Example

Nakamura Lacquer Company Essay EXECUTIVE SUMMARY Our Company has limited growth in Domestic Market as we are already the best seller. We are having no international business. As classified by the Government of Japan, we cannot invest abroad hence should think seriously about export. The National China Company, the largest manufacturer of good quality dinnerware in United States has offered the annual purchase of 400000 sets of our product at 5% extra price for three years. Semmelback, Semmelbach and Whittacker, Chicago, the largest supplier of hotel and restaurant supplies in Unites States and buyers of dinnerware and similar goods for a number of department stores are willing to represent our â€Å"Chrysanthemum† brand for five years at a) standard commission rates and b) first 20% on all the sales Our Company will make during that time to recover the investment they are bearing for the introduction and promotion in United State. SITUATION ANALYSIS Our company is a market leader in domestic market. We are having no international business. For future growth, Company has to target the other segments of domestic market and to start exporting. Classified by the Government of Japan, We cannot invest money abroad. The National China Company has demanded for fixed order and Semmelback, Semmelbach and Whittacker, Chicago is willing to represent the company in United State. Both the offers can’t be accepted together. STATEMENT OF OPTIONS ?Domestic Market ?International Market †¢Export to other countries. †¢Offer from the National China Company. †¢The offer from Semmelback, Semmelbach and Whittacker, Chicago. CRITERIA OF EVALUATION 1. Existing production level 2. Investment 3. We will write a custom essay sample on Nakamura Lacquer Company specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Nakamura Lacquer Company specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Nakamura Lacquer Company specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Selling price 4. Profit 5. Brand Value 6. Time period required 7. Risk involved 8. Market segments EVALUATION OF OPTIONS 1. Existing production level: A substantial business, employing several thousand labors and production of 500000 sets of lacquer table ware each year so as to meet the demand from domestic market. Significant changes need to be done in the Company to trade internationally. 2. Growth: Company has a limited growth in Domestic Market as we are already the best seller. We are having a very little or no international business. The first offer enables us 80% more efficient company than the existing one after three years. While the second offer brings more potential in company’s growth in United State. 3. Investment: Optimum utilization of available resources is required if we need to cut down the expenses incurred in meeting the new demand. For domestic market, there will be no major rise in production cost whereas for international business, cost involved is more for changes required in meeting the standards of other countries, labor cost, expansion of production set up and company set up as the demand will be 80% in first offer and for second offer, demand may rise to a couple of million sets. . Market segments: We need to launch the new brand with better quality to tap high-class consumers in Japan. The other market segments like Hotel and Restaurant have to be identified. 5. Selling price: No major increase in price is applicable in domestic market. In case of other market segments, the price is to be comparable with price of existing. In export increase in price is more applicable. First offer has assured 5% increase in price where as in second offer; higher prices can be induced as the customers are like Hotels and restaurants. 6. Profit: The overall profit will be less initially if company introduces brands for segments in domestic market and will grow in the long run but the percent profit will be more or less same. The overall profit and profit percent will be more in the long run if company opts for export. First offer promises fixed rise of 5% in profit percent whereas in second offer overall profit and change in percent profit depends on the response from the customers. 7. Brand Value: Company will achieve more stability in domestic market as we will have brands for different market segments. First offer doesn’t contribute in brand establishment whereas in second offer, after five years brand will be established in United State and company will be globally projected. 8. Time period required: Time period may vary as per the response of the other market segments to our brands. In the first offer, after three years, company will be potentially double than the existing one whereas in the second offer, minimum of five years are required to establish the brand. The time period may be more than five years if the response of the customers not found positive. 9. Risk involved: Expansion of business in domestic market is less risky as our company is well established. First offer brings no risk as the offer is fixed in quantity and price whereas in second offer, the risk involved is very high. If the response turned out to be less promising, the cost incurred in increasing the production level, set up will be hard to recover. RECOMMENDATIONS 1. To invest for other market segments in Japan. 2. The company should accept the first offer. 3. The company should look at the similar opportunities as the second offer for the business in other countries. ACTION PLAN: 1. A market survey of Japan to understand the exact need from the different segments. 2. Evaluation of our company’s current production capacity. Optimization of labor cost. 3. Survey of international market to understand the requirements from different countries and to know the major competitors available and their market share. CONTINGENCY PLAN: ?We need not worry about the possibility of failure while meeting the demand generated by The National china Company. ?Failure to tap the other segments of domestic market will not cost the company much.

Lenin essays

Lenin essays How far was Stalinism the outcome of Leninist political practice? The political system which existed in the Soviet Union under Stalin was a system of terror. The purges of the 1930s sent millions of Russians to their deaths or to the Gulags, the population was scared of the secret police, the NKVD, the forced collectivization of agriculture had wiped out a part of Russian society, the Kulaks. The show trials of the thirties had firmly established Stalin as the leader of the Soviet Union. What requires investigation is how far was this regime of terror a new entity in the Soviet Union or how far it was a continuation the state set up by Lenin after the Russian revolution in 1917. The regime set up by Lenin did have a secret police, the Cheka and it was authoritarian, especially in the the years after the revolution and the civil war. There was forced grain requisitioning during the period of War Communism and political enemies were exiled. That is by no means in question. The difference is that during the Leninist years there was not the wholesale slaughter of millions of Soviet citizens as there was under Stalin in the 1930s. It can be argued therefore, that Stalinism was partly the outcome of Leninist political practice because there were many similarities between the two regimes. However, the Stalinist system was by no means the inevitable outcome of Leninist political practice when one considers the differences between the two regimes and Stalin's personality compared to that of Lenin. One must also remember that Stalin's path to power was not a simple accession to power when Lenin died and there were other candidates for leader. Stalin had to out manoeu vre figures such as Trotsky, Zinoviev and Kamenev to get power. Therefore Stalin was not, by any means, ultimately destined to become the leader of the Soviet Union. This may go some way to explaining why he felt the need to be so repressive to any potential political enemies. ...

Capitalism and Our Society

Capitalism and Our Society Essay From the very dawn of intelligent human interaction to the present day,the concept of capitalism has dominated the way we trade goods andacquire wealth. Except for the necessity of a simple communist society inpre-modern times, or the noble humanistic notion of a socialist society,the free market has always been the most efficient way to run the economyonce the most basic needs of life have been satisfied. Only during thelast several hundred years has the idea of a modern democracy beendeveloped and applied through the modern state. These two concepts arethought by some to be interrelated, but contemporary critics of theliberal form of democracy seek to separate the two notions of capitalismand democracy. However, when examining the evidence of the relation ofthe two, let us not use the altered conceptions or versions of theseterms, but rather analyse them by their base meanings as we have come tounderstand them. After this analysis of the terms and a resultingstipulation of what the ir base meanings are, critics may say that anyfurther analysis of the relationship between the two terms would betainted by their supposed definitions. The problem with this is thatwithout a common frame of reference between the two, no comparison wouldbe logically possible without considering an infinite range of possiblemeanings. With this technical matter aside, the analysis will continuewith an investigation into arguments both for and against the separationof the two terms, and then an evaluation of the true nature ofcapitalismrsquos relationship with democracy. Specifically the freemarket economy dictating the actions of any democratic regime. After thistask of evaluation is complete, the argument will conclude withillustrating how capitalism will actually lead to a more liberal form ofdemocracy. The first step of this investigation is to make some attempt to achieve acommon frame of reference between the two terms. Literally, democracy isthe rule of the people. Specifically, it is the organization in place toallow people of a specified area, through organized elections, to givetheir uncoerced opinion on who they want to represent them in government,or what they want government to do for them. The underlyingpresupposition is that government will always obey the command of themajority of voters. There are many limitations to democracy, such as thefact that people can only vote YEA or NEA on a specific topic area, thusproducing a dichotomy of choices that may not necessarily offer asolution to a problem. Also, people must leave most decisions to thepeople they elect, since they donrsquot have enough time to continuallyvote. However, the focus of this work is not to delve into this area ofcontroversy, but rather to take this understanding of democracy as thestipulated definition for this work. One critical distinction must bemade regarding Bergerrsquos understanding of the term, and that is thatthe term democracy does not include all the civil and human ri ghtsassociated with liberal democracy. Similarly, by capitalism, this work will not use any other connotation ofthe term other than describing the free market economy, where there isprivate ownership of property, and the economic freedom to buy, sell, ortrade with whomsoever you chose. The critical element of the term is thatthere is limited government in place to enforce contracts and to providea safe trading environment. Another specific meaning given to capitalismis by Friedman, who describes capitalism as economic cooperation, whereboth parties are benefiting from the trade, provided that the trade isvoluntary and informed on both sides. READ: Freedom and Opression in Literature EssayThe next step in the investigation is to analyse some of the argumentsthat capitalism is separate from democracy. Dryzek argued that anindividualrsquos consumer preferences wereproperly expressed in the economy, while the same persons politicalpreferences were expressed in politics3. This perspective indicates thatthe capitalist economy is a separate entity form the democratic politicalsystem, because these are two different institutions into which anindividual can state his or her preferences, depending on whether theyare economically or politically motivated. On the other hand, history hasgiven many examples of how a personrsquos economic preferences have beenstated in the political forum, such as voting for a politician that haspromised to reduce taxes or to establish free trade between two states. That same person could only express those preferences in the politicalforum, because they alone would have no power to change the structure ofthe economy such that it would seem advantageous to lower taxes

Soft Systems Methodology Essay Example | Topics and Well Written Essays - 3500 words

Soft Systems Methodology - Essay Example This action research-based, interpretive approach is strongly influenced by Vickers' (1968, pp.59,176) description of the importance of appreciative systems in dealing with human complexity. Checkland (1981), and Checkland and Scholes (1990) have attempted to transform these ideas from systems theory into a practical methodology that is called Soft Systems Methodology (SSM). Soft Systems Methodology developed by Professor Peter Checkland is a way of dealing with problem situations in which there is a high social, political and human activity component. (Checkland, 1981) This distinguishes SSM from other methodologies that deal with hard problems which are more technologically oriented. Thus, SSM can be a useful research tool for understanding problematic ELT situations. (Holliday, 1990) Hard problems are problems characterized by the fact that they can be well defined. The assumption is that there is a definite solution and we can define a number of specific goals that must be accomplished. Soft problems, on the other hand, are difficult to define.When we think of soft problems, we don't think of problems but of problem situations. It is the classic situation of it not being a "problem" but an "opportunity". Soft Systems methodology was developed for the express purpose of dealing with problems of this type.His "Soft Systems Methodology" was created through a number of research projects in industry and its application and refinement over a number of years. A leading SSM specialist in Japan, suggests that SSM can be a useful research tool in the educational context, and argues that it can be applied to any messy, problematic human situation that requires decision-making aimed at improvement (Kijima, 1999) The most important feature of this analysis of data, informat ion and knowledge is that the act of creating information is a human act, not one which a machine can accomplish. It is the human being who can attribute meaning to the selected data. (Checkland, Holwell, 1998)SSM is divided into seven distinct stages. These are; 1. Finding out about the problem situation. This is basic research into the problem area. Who are the key players How does the process work now etc. 2. Expressing the problem situation through Rich Pictures. As with any type of diagram, more knowledge can be communicated visually. A picture is worth a 1000 words. 3. Selecting how to view the situation and producing root definitions. From what different perspectives can we look at this problem situation. 4. Building conceptual models of what the system must do for each root definitions. You have basic "Whats" from the root definitions. Now begin to define "Hows". 5. Comparison of the conceptual models with the real world. Compare the results from steps 4 and 2 and see where they differ and are similar. 6. Identify feasible and desirable changes. Are there ways of improving the situation. 7. Recommendations for taking action to improve the problem situation. How would you implement the changes from step 6. Step 1: Problem situation unstructured The initial stage consists simply of managers and/or employees (problem owner) deciding that a review or change of tasks and the way they are performed is required, and an analyst (problem solver) is called in to review and provide recommendations. Step 2: Problem situation expressed Step 1 is basically that people of the organization think there

Writing 102 Essay Example | Topics and Well Written Essays - 1000 words

Writing 102 - Essay Example Red even comes to believe in Andy’s innocence. In the initial days of his prison life, Andy has difficulties adjusting. Most of the prisoners think of him as a snob. As a result, he undergoes many tribulations including rape from a prison gang that refers to themselves as the sisters. Red is the prison smuggler from whom you can get anything you need from the outside. After a while in prison, Andy begins to work for the guards, filling their tax returns (King 56). This makes him a hero in the prison community. He also helps to set up a prison library. In the process of working for them, he begins to launder money for them, reducing his chances of getting out of prison. Andy admits to Red that he had friend set up a false identity through which he now has a lot of money. He dreams of an escape from prison and he dreams of Red going with him to Mexico. One day he manages to escape and his escape signifies hope for the other prisoners. Eventually, Red gets out of jail and finds the rock that Andy had described to him, underneath which the keys to the bank’s safety deposit box were to be. He instead find a letter inviting him to join Andy in Mexico and a $100 0 gift. Red feels a sense of renewed hope as he plans to join Andy in Mexico. The movie ‘Shawshank Redemption’ is based on Stephen King’s book. It was adapted screen directed by Frank Darabont. Just like the book, the movie takes one through the journey of despair that inmates can go through, and the importance of having hope and a strong spirit. Unlike the book however, the movies uses film language to bring forth its theme of despair and hope. Film language includes lighting effects, music, and different camera angles (The Shawshank Redemption, Dir Frank Darabont). In the movie, most scenes do not have background music to represent the lack of life that is characteristic of life in prison. There is only one scene that has music when Andy

Term welfare Essay Example for Free

Term welfare Essay Government benefits provided to people with little or no income are referred as welfare benefits. The term welfare can refer to a number of different programs in the United States, but often refer to cash assistance. In some cases, this money may be used however the recipient wishes. In others, the money can only be used for specific uses, such as food stamps that can only be used to buy groceries. The welfare state expands on this concept to include services such as universal healthcare and unemployment insurance. To what extent are welfare measures necessary in democratic countries ? What can be the abuses and how could we solutionate those 1/ the importance of welfare Health Care A primary advantages of welfare benefits is promoting the health of the people receiving the benefits Since there is a general correlation between income and health. People who have no income and no health care will, statistically, live shorter and less healthy lives than people who have enough income to buy proper food and to pay for medical care. Support for Children While many adults are able to make choices about how much income they choose to earn, children cant . Children must generally rely on the money that their parents are able to make. Welfare payments, particularly those that are directed for the care of children, allow children to grow up with better nutrition, medical care and possessions that make for a more comfortable standard of living. Lower Crime The provision of welfare has been shown to lower crime. Although some may argue that welfare constitutes a bribe, providing people with some income takes away an incentive to commit property crimes designed to provide the person with money or property. Welfare alleviates some of an individuals economic need, thereby lowering crime and increasing the general stability of society as a whole. Income Distribution Another advantage of welfare benefits is that it more evenly distributes a societys wealth. Some many consider this a benefit in itself. However, others may consider providing money to people who did not earn it to be unfair. There is, according to Arnold, a demonstrated correlation between income distribution in a society and that societys stability. Societies with greater inequities in wealth generally suffer more social and political turmoil. Social welfare programs today provide assistance to the elderly, the unemployed, the disabled and the destitute. While these may at first glance appear to be noble undertakings, there are some who suggest there are disadvantages of the programs, both to the individual and to society as a whole. Among some of the majors disadvantages suggested is the high cost of these programs. Opponents of social welfare programs often argue that governments simply cannot sustain the cost of providing financial support to so many elements of society. Between 1984 and 2002, social welfare programs, including Social Security and Medicare, accounted for between 49 and 60 percent of federal government spending. Disincentive Pointing to Harvard University Professor of Economics Gregory Manikws 10 Principles of Economics, opponents suggest social welfare programs, particularly for the underemployed or unemployed, create disincentives for people to find gainful employment. Manikw asserts that people respond to incentives. For example, they work because there is an incentive to earn an income and support themselves. Social welfare programs risk removing this incentive by providing income for someone who is not working or who is unwilling to work, meaning they no longer have a need to produce. Sponsored Links Modà ¨les de Lettre Tous modà ¨les de lettres et documents sur lettres.net lettres.net Economic Impact According to Mankiw, a societys standard of living is dependent on its ability to produce goods efficiently. More workers producing more goods increases the economic output of a society, thereby increasing the amount of income. When people lose the incentive to produce, the nations productivity goes down and income decreases. This can in turn increase the burden on governments to support the welfare system and result in ever higher costs. When governments print too much money, the rate of inflation increases, raising the price of goods for everyone. Government Control Many opponents of social welfare programs suggest these programs create circumstances in which governments gain too much control over individual citizens. Citizens who rely on government programs for income and sustenance are in a position to allow government to have more say in their individual choices. Opponents argue that social programs allow governments to impose rules on day-to-day choices of welfare recipients because the government is paying for the services. Proponents further argue that even if government does not currently impose such rules, they may assert their ability to do so in the future.

Creating a Computer Program in the C Language about Super Smash Brothers Melee :: Biophysics Programming Gamecube

Super Smash Bros. Melee At first I had absolutely NO idea what to do for my biophysics final project. I wanted to make my program at least slightly interesting and this summer program is practically full of gamers. I decided to benefit my peers and myself by making my final project a program revolving around the Nintendo Gamecube game, Super Smash Bros. Melee. Before I wrote my program I needed the statistics of the win percentages of computers when they play a specific character. Both computer players have one life and both of them are at level 9 difficulty, the highest level difficulty in the game. I chose the map called â€Å"Final Destination† because random maps, although they create less bias, made the battle between two characters most of the time 50/50. I had the two computers fight for about twenty or thirty games to get statistically significant evidence for the win percentages of a computer character versus another. My program calculates the number of games needed to play to collect enough coins to collect a certain goal of trophies. Super Smash Bros. Melee uses a slot machine system for players to put coins in to have a chance to receive a new or old trophy. My program, however, can not actually be utilized to calculate anything in the game, for I had to add some tweaks to my program to make it more interesting for the viewers. The tweak I added was whenever the computer you were â€Å"betting on† won, you would win 5 coins, and whenever the computer lost, you would win 0 coins. That is not true in the real game, because two level 9 computers facing off would only get 1/10th of a coin each game. Each character in Super Smash Bros. Melee is numbered off in alphabetical order so I could input the win percentages between two computers. There are 25 playable characters in the game, but with the allotted time given, I had no time to test over 300 different combinations of characters (25x25 matrix) in one weekend. Instead of testing all twenty five characters, I tested five of them(which is still a lot of testing!). My program inputs are: 1) Character # whom you are betting on 2) Character # whom your character is battling 3) Starting Number of Trophies 4) Desired Number of Trophies(max 242)