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Exploring An Investment Appraisal Of Glee Plc - Free Essay Example

According to the current situation of Glee Plc, this company is underperforming in term of profit and the new projects are not going as well. To solve this problem, the manager of Glee Plc should conducts investment appraisal to appraise the investment opportunities. What is Investment appraisal? Investment appraisal refers to the evaluation of proposed investment (DC, Blood, 2010) and also known as capital budgeting. In order to improve the profit, Glee Plc should undertake the projects which may give sustainable competitive advantage to them. However, they will be faced with different investment projects such as launching a new product or opening a new outlet and purchasing new machinery. Normally, such investment projects might take a long term period (more than a year) and a lump sum will be involved, but a company will have a limited amount of funds to invest. As such, investment appraisal needed to be conduct by the manager of Glee Plc to evaluate whether which investment project is more profitable. Why is it Important? The main factor that caused Glee Plc underperforming probably is that they have no making any investment analysis during the decision making process and therefore the company unable to make evaluation of the investment project and could lead the company to loss or earn lesser profit. By conducting the investment appraisal, the manager of Glee Plc able to compare and evaluate which investment proposal is better and should be undertake. Thus, investment appraisal is playing an important role during the decision making process. There are four techniques can be apply into the evaluation of investment proposal such as Payback Period (PP), Accounting Rate of Return (ARR), Net Present Value (NPV) and Internal Rate of Return (IRR). Payback Period (PP) Payback method is a method that uses to measure the time required for the cash inflow from the investment project to recover the initial investment cost (INVESTOPEDIA, 2010). Usually, a manager using payback method is to calculate whether how long the time their cash inflow can cover the cost of the investment project. Based on the appendix 1, a company planning to purchase new machinery but there are two different machines available and the cost of machine also different. From the payback method, it resulting that the payback period for machine X is 2 year and 8months and the payback period for machine Y is 3 years. Thus, the company might considered machine X first since the payback period is shorter and the investment risk will be lower and the capital will not be tied up and compared to machine Y the payback period is longer and probably the investment risk will be higher. The merits and limitations of payback method Payback method is the quickest and simplest to understand method among others method of investment appraisal. ItÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ¢s easy for the Glee Plc manager to apply. In addition, this method handled the risk effectively because from the concept of payback method it shows that the shorter the period the better the investment, if the payback period is shorter the company able to focuses on other investment and also enhancing the liquidity. On the other hand, if the payback period is longer means that the capital is tied up and the investment risk will be increase. Although payback method is quick and simple but this method is not appropriate for long-term financing because this technique did not considered the time value of money and Inflation might be occurs during the payback period, the money value will decrease so the companies have to pay more than they expected since the money value is dropped. Other than that, if the projects payback period is similar or same the company unable to distinguish which project is better. Accounting Rate of Return (ARR) From the AllBusiness.Com Inc (2010), it stated that ARR is a method of investment appraisal that uses to estimates the rate of return from an investment. This method also known as comparative method which is often used by a company when there are several competing investment proposals and usually the result is shown as a percentage which the higher the percentage the higher the return. This calculation is using the average profit derived by the average investment and converts the answer into percentage. By using this method, company able to see the return on investments and make a comparison whether which investment proposal is more profitable and should be undertaken. Formula: x100 According to the appendix 2, the Accounting rate of return (ARR) of machine X is 20% and the ARR of machine Y is a bit lower which is 16%. Thus, the company should purchase machine X since the rate of return is more higher compared to machine Y. The merits and limitations of accounting rate of return This method provides a quick, simple and easy understand concept to Glee Plc which is similar to Payback method that I mentioned previously. When there are different competing investment proposal, the Glee Plc manager can use this method to estimate the profitability of the investment. This can help the manager to make a comparison between the different projects and the accounting rate of return method is relatively simple and can be quickly calculated by the manager. While showing the advantages of accounting rate of return, there are some disadvantages need to be taken into consideration. This method is same as payback method which they ignores the time value of money and does not take into account of the timing of the profits earned from a project and the length of the project. In addition, this method is based on accounting profit which is subject to a number of different accounting treatments. Net Present Value (NPV) Net present value analysis is the process to taking a current investment and projecting the future net income from this investment (Penton, 2010). In more specific term, NPV is the difference between present value of cash inflow and present value of cash outflow. This method is mostly used by companies to estimate the profitability of an investment projects. Therefore, net present value is the amount that indicates how much value an investment will increase to the company and this calculation is done by the present value of an investment in the future cash flow minus the amount which is initially invested. Additionally, there are three decision rules for this method, if the amount of net present value results in positive it indicates that the project is profitable and should be undertaken by the company. On the other hand, if the NPV amount is negative the project should not be undertaken and if the NPV amount is zero the project is worth to undertake. NPV= Present Value (PV) of cash inflow ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ Present Value (PV) of cash outflow As can be seen in the appendix 3, after conducted the net present value analysis, it shows that the NPV of machine X is positive value which is RM5, 100 and the NPV of machine Y is negative value ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬RM200. Thus the machine X should be purchased, since the NPV amount is positive and is considered a profitable investment. The merits and limitations of net present value While the NPV analysis is conducted, the manager of Glee Plc able to forecast the investment project is positive or negative value and thus the decision will be taken whether to undertake or reject it. This method is different from other two methods (PP and ARR). Because while doing the NPV calculation it will consider the time value of money and the risk of future cash flow. However, the flexibility and uncertainty will not be taken into account for this method, and NPV do not consider the intangible benefit. Other than that, this method only indicates the value of the money and it does not provide the rate of return of an investment project. Internal Rate of Return (IRR) An investment projects internal rate of return refers to the discount rate that commonly used in capital budgeting that makes the NPV of all cash flows from a particular investment equal to zero. There is a decision rule for IRR method which the projects with an IRR greater than the cost of capital should be accepted. This method is often used by the companies to decide and evaluate the desirability of the investment or projects which they are considering. The higher a project IRR it mean the project is more desirable to be undertaken. As such, a number of several investment projects can be ranks by using this method and the project with the highest IRR could be considered the best and should be undertake first. However, there is a similarity between NPV and IRR which both methods are widely used to decide which investment should undertake and which investment should be reject. Formula: A+% Regarding to the appendix 4, Lee Plc is considering whether to purchase machine X or Y and the cost of capital is 15%. From the result of IRR analysis, the machine X IRR is 18% and the IRR of machine Y is a bit lower which is 14.91%. Therefore, Lee Plc will purchase machine X because the IRR of machine X is greater than cost of capital (15%) is considered a profitable investment and the machine Y probably will be rejected by the company since the IRR is lower than the cost of capital. The merits and limitations of IRR IRR analysis provides easily understood concept to the manager of Glee Plc and the discount rate doesnÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ¢t need to be specified before IRR is calculated. Other than that, the time value of money will be taken into consideration in this technique. Thus, Glee Plc need not to worry about they might be paying more during the investment period. However, while conducting this method the Glee Plc manager can be easily confused, it ignores the relative size of the investments. IRR and NPV both methods gives conflicting rankings when faced with which project should be undertake first. This method assumes that the cash flow will be reinvested at the IRR rate but not at the cost of capital. Recommendation Despite the four techniques (PP, ARR, NPV, and IRR) that I mentioned previously have the merits and limitations, but the better techniques that should be applied by the Glee Plc to make an evaluation of investment project are the NPV and IRR analysis. During the investment period, the economic recession might be occurs and which could lead to inflation. If a company make an investment and evaluated by using the Payback Period and ARR techniques which both techniques are not considered the time value of money, in consequences the company might have to spend more than they expected, because the money value will decreased during the economic recession period. On the other hand by using the NPV and IRR analysis, Glee Plc can be avoid this issue because the time value of money and risk of future cash flow are taken into consideration. Hence, the investment risk will be lower compared to using other 2 methods.

Book Review of Buffalo Creek Disaster - 1266 Words

Introduction In this short essay, the author will critically review Gerald M. Sterns The Buffalo Creek Disaster in terms of critiquing the authors thesis, supporting arguments, supporting evidence and authority, style, and content. It will also place the work in the context of the larger debate about the relationship between law and business. It is the position of this author that Mr. Sterns position is correct and this position will be supported in the essay. Analysis of the Authors Evidence In the book, Stern details descriptions of his personal experiences in dealing with the political and legal culture of West Virginia. In the state for years there, the influence of large coal mining corporations is hugely significant to the local culture and communities that that the coal companies have built. The Buffalo Creek Flood occurred on February 26, 1972 after the Pittston Coal Companys coal slurry impoundment dam #3 burst four days after having been declared satisfactory by a federal mine inspector. After the disaster, the company declared the flood an act of God caused by rain and flood waters. However, the dams were of faulty construction. Dam number one which caused the flooding was constructed of coarse mining refuse that Pittston had dumped into the Middle Fork of Buffalo Creek starting in 1968. This dam failed first on the heels of heavy rains. The water from Dam number three then took out dams number two and then number one. Dam numbe r three had simplyShow MoreRelatedEssay Native American Relations with The United States4012 Words   |  17 Pagesassimilated to the white man’s way of life. Chief William McIntosh, an extreme example, was a slave holding plantation owner who lived in a two story Federalist style mansion. The trading houses allowed many Indians such as the Cherokee and Seminole Creek to acquire such things as colorful cloth that was permanently incorporated into their dress. Household cooking utensils, hunting rifles, along with the technology for logging and agriculture was attractive to many Indians and they soon settled intoRead MoreInstructor Manual37126 Words   |  149 Pagesthis manual. F. Robert Jacobs i TABLE OF CONTENTS Introduction Videos included on the student DVD Additional pedagogical resources that come with the book Chapter Outlines, Tips, Case Teaching Notes and Extra Cases Chapter 1 – Operations and Supply Chain Management Internet Exercise: Harley-Davidson Motorcycles Wyatt Earp – The Buffalo Hunter! (Extra Case) Chapter 2 - Strategy and Sustainability Case: The Tao of Timbuk2 – Teaching Note Chapter 3 – Strategic Capacity Management Case: Shouldice

Electronic Music Essay Example For Students

Electronic Music Essay Electronic Music Rave: On the phone, with flier in hand, youlisten anxiously to the pre-recorded directions on the Mission Control ravehotline. This valuable information can only be accessed on the day of the event,but now that this is out of the way, its time to prepare. People of all ages,but mostly between the ages of 17 and 26, madly attack appropriate stores topurchase their necessary rave gear. -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-Category:Music MoviesPaper Title:Electronic Music RavesText:ELECTRONIC MUSIC RAVESOn the phone, with flier in hand, you listen anxiously to the pre-recordeddirections on the Mission Control rave hotline. This valuable information canonly be accessed on the day of the event, but now that this is out of the way,its time to prepare. People of all ages, but mostly between the ages of 17and 26, madly attack appropriate stores to purchase their necessary ravegear. They buy glow-sticks, glitter, dark glasses, sealed water, vicks vapo-rub,other trinkets and outrageous, often striped clothing. True ravers would drivefor hours or fly to attend these worldwide conventions, and all share the samedrive. You finally arrive at your destination to find a warehouse located on theoutskirts of its respective city, with a large mob of people desperately tryingto get in. Its about 12:00 midnight and all are mentally and physica llyprepared to party for the next 9 or 10 hours straight, to finally emerge fromthe doors to see daylight and non-ravers half way through their day. The Webster dictionary defines rave and techno as.RAVEu8217ra-v: To move or advance violently: STORM: to utter in madness or frenzy: To talk with extreme enthusiasm: To declaim wildly: An extravagantly favorable criticism.TECH*NO-pop: pop music featuring extensive use of synthesizersIn general practice, a rave usually refers to a party, usually allnight long, open to the public, where loud techno music is played and manypeople partake in a number of different chemicals. The number of people at theevent is unimportant; it can range from 50 to 25000 people. The cost varies, butis often 25 to 30 dollars and is usually held in a remote, and secluded part oftown. The ages of those who attend are concentrated between 17 and 26 but trulyrange from 14 to 40 or 50 years old. Its common to have several differentrooms playing different types of techno simultaneously. Techno orelectronic music can be distinguished by its often lack of vocals, creation bysynthesizers or other electronic means and its unusually fast beat; rangingfrom 115-170 BPM (Beats Per Minute), while commercial dance music isusually a maximum of 70 or 80 BPM. The first substantial piece of music composedelectronically was the Illiac Suite (1956) by the avant-garde composer LejarenHiller (192594). Each room is equipped with a Dj, a set of two or moreturntables, walls of speakers located offset from the corners and impressivevisual effects: such as lasers and light shows. The people that attend are dressed ultra alternatively. This consists ofcomfortable yet creative attire. You would often see ravers wearing extremelybaggy pants, glow in the dark body suits, and ultimately any visually entisingclothing with similar accessories. Heads of hair are often dyed with uniquecolors and faces are covered strategically with glitter and an assortment ofblack make-up for a somewhat gothic look. All of these various forms ofexpression, visual effects, the barrage of audio only compliment the fewchemicals used. Most members of the congregation use ecstasy in the form oftablet or capsule and/or acid. The light display and outrageous costumes aregeared to act as a stimulus for the hallucinogen of the acid, but the music andoverall environment is geared to the mystifying effects of ecstasy. .u1b8eb9c293fe654b1a2b8c0dd5fccb0b , .u1b8eb9c293fe654b1a2b8c0dd5fccb0b .postImageUrl , .u1b8eb9c293fe654b1a2b8c0dd5fccb0b .centered-text-area { min-height: 80px; position: relative; } .u1b8eb9c293fe654b1a2b8c0dd5fccb0b , .u1b8eb9c293fe654b1a2b8c0dd5fccb0b:hover , .u1b8eb9c293fe654b1a2b8c0dd5fccb0b:visited , .u1b8eb9c293fe654b1a2b8c0dd5fccb0b:active { border:0!important; } .u1b8eb9c293fe654b1a2b8c0dd5fccb0b .clearfix:after { content: ""; display: table; clear: both; } .u1b8eb9c293fe654b1a2b8c0dd5fccb0b { 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; } .u1b8eb9c293fe654b1a2b8c0dd5fccb0b:active , .u1b8eb9c293fe654b1a2b8c0dd5fccb0b:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u1b8eb9c293fe654b1a2b8c0dd5fccb0b .centered-text-area { width: 100%; position: relative ; } .u1b8eb9c293fe654b1a2b8c0dd5fccb0b .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u1b8eb9c293fe654b1a2b8c0dd5fccb0b .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u1b8eb9c293fe654b1a2b8c0dd5fccb0b .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; } .u1b8eb9c293fe654b1a2b8c0dd5fccb0b:hover .ctaButton { background-color: #34495E!important; } .u1b8eb9c293fe654b1a2b8c0dd5fccb0b .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u1b8eb9c293fe654b1a2b8c0dd5fccb0b .u1b8eb9c293fe654b1a2b8c0dd5fccb0b-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u1b8eb9c293fe654b1a2b8c0dd5fccb0b:after { content: ""; display: block; clear: both; } READ: The life of Richard EssayEcstasy, the tablet or capsule, is a man made drug derived from a plant whichproduces legal, herbal ecstasy in the form of a liquid or over the countertablets. Ecstasy is a combination of concentrated herbal ecstasy and speed orheroin, cocaine, or crystal methane, but never containing a combination of thelast three mentioned. This particular drug is said to have little visualeffects, but more so physical effects. Your body starts to feel fluffy as theenergy produced from the speed kicks in. You almost uncontrollably start to moveto the beat of the music while the grinding of the teeth (from the speed) ismore noticeable. The severity of this grindin g on your teeth is lessened by theuse of a baby pacifier. This allows you to grind on a soft rubber-like itemperfectly suited for the mouth rather than the hard enamel of the teeth. Regardless, your jaw muscles will be sore. The more erotic effects of the drugcome from the concentrated herb. In a sense, it drastically amplifies your senseof touch. Where a massage when sober feels like heaven, when on the drug amassage feels more like true ecstasy, as the name would suggest. Once Vicks vapo-rubis used, it offers a flurry of hot and cold flashes and lubrication to themassage. Several pairs of ravers can be seen giving massages while, more oftenthan not, sitting at the base of either the surrounding walls or the walls ofspeakers. Similar to most types of music, techno has an appropriate method of dancing,but unlike most other forms of dancing, each individual dances alone. Thisallows you to perform independently, and being the main activity, this alsoallows you to demonstrate the extent of your talent. Dancers commonly use a pairof glow-sticks like the one enclosed to enhance their abilities. One is placedbetween the fingers of each hand. The most secure method would be under theindex and pinky finger and over the ring and middle finger. The fingers are thencurled downward. Normally the glow-stick glows brightly and comes in anassortment of colors, nevertheless, this method allows the most illumination tobe seen. Now, these glow-sticks are carefully manipulated to create adeliberate, constant flow of intricate patterns and color, making sure toutilize all the space available about the body and maintaining rhythm with thebeat of the pulsating music. The Djs play an important role in the Vibe of the rave. They canalmost be considered a shaman or a high priest of the congregation. They controlthe psychic voyages of the dancers through his choice of continuous,original music and their skill in manipulating it. I think the importance of themusic at a rave is somewhat comparable to that of the music in an AmericanIndian pow wow. In both cases the music helps one to fall into an alter state. Music is generally considered as pleasurable, but the music at a rave, and theecstasy, help to form a sense of unity by sharing an emotion and a sense offreedom. Yet, at the same time you are revered for your individuality. Forexample, the more original and entising your dancing is congratulated by aslapping of one of each persons palms together, a pat on the back, verbalgratification or simply a smile or nod. The people are very friendly, becauseyou seem to appreciate you for what you are rather than for what you are not. This differs from the typical club environment. The friendly, liberal attitudes of the ravers in conjunction with the dress,dancing and overall layout allow me to conclude that traditional values andbehavior of society is rejected. Individuals can do almost anything in a rave aslong as it does not affect someone else. For example, I could strip down to myboxer shorts and sit in the middle of the dance floor and even though it isntdone often, I can garauntee that it will be accepted. If I were to do a similarthing in Crobar (a popular club in Miami), I would promptly be ridiculed, andthen removed from the premises. In the ritual of clubbing in Miami would notaccept this form of attitude. The ritual of raving seems to promote a moreliberal view. A view based on total freedom of expression. This is apparent bymy previous description. I have met a few ravers outside of the event and amable to conclude that most of them are somewhat typical citizens. They abide bythe traditional values and behavior imposed by society, but use the rave to letgo and express themselves in a more flamboyant manner. .u2f99ef4be15f8e0390a8ba5dd0c4fc9d , .u2f99ef4be15f8e0390a8ba5dd0c4fc9d .postImageUrl , .u2f99ef4be15f8e0390a8ba5dd0c4fc9d .centered-text-area { min-height: 80px; position: relative; } .u2f99ef4be15f8e0390a8ba5dd0c4fc9d , .u2f99ef4be15f8e0390a8ba5dd0c4fc9d:hover , .u2f99ef4be15f8e0390a8ba5dd0c4fc9d:visited , .u2f99ef4be15f8e0390a8ba5dd0c4fc9d:active { border:0!important; } .u2f99ef4be15f8e0390a8ba5dd0c4fc9d .clearfix:after { content: ""; display: table; clear: both; } .u2f99ef4be15f8e0390a8ba5dd0c4fc9d { 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; } .u2f99ef4be15f8e0390a8ba5dd0c4fc9d:active , .u2f99ef4be15f8e0390a8ba5dd0c4fc9d:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u2f99ef4be15f8e0390a8ba5dd0c4fc9d .centered-text-area { width: 100%; position: relative ; } .u2f99ef4be15f8e0390a8ba5dd0c4fc9d .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u2f99ef4be15f8e0390a8ba5dd0c4fc9d .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u2f99ef4be15f8e0390a8ba5dd0c4fc9d .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; } .u2f99ef4be15f8e0390a8ba5dd0c4fc9d:hover .ctaButton { background-color: #34495E!important; } .u2f99ef4be15f8e0390a8ba5dd0c4fc9d .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u2f99ef4be15f8e0390a8ba5dd0c4fc9d .u2f99ef4be15f8e0390a8ba5dd0c4fc9d-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u2f99ef4be15f8e0390a8ba5dd0c4fc9d:after { content: ""; display: block; clear: both; } READ: Hamlet: Character Analysis EssayRitual is a patterned, repetitive, and symbolic enactment of a culturalbelief or value; its primary purpose is alignment of the belief system ofindividuals with that of society. With this in mind, we can now fathom theidea that raving is a ritual. Raves can therefore be seen from ananthropological view as a congregation of members of a sub-culture, sharingsimilar emotions, beliefs, dress and behavior, all governed by techno music andthe Djs. They experience unity yet individuality, freedom of expression, and aliberal environment, all simultaneously. -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-

Interpretive Journey Paper Essay Example

Interpretive Journey Paper Paper The government that we live under today was founded on principles that originated with serving God and not the pagan roots of the empirical Roman government. In many ways the difference between their town and our town are not too great. Christians are still called to live their lives differently from the way non-believers live. The moral and ethical requirements that come with living for God are the same as those of early Christians. Pewters message to live humbly before God, trusting in His power is still as relevant in the twenty-first Century as it was in the first. The meaning of this text can be summarized as, because God cares for me, I need to humbly endure the trials am going through without worrying about the outcome and when the time is right He will reward me for my willing service. Step 3 Cross the Principles Bridge What are the principles that the Author is giving. There are three principles in 1 Peter 5:6, 7: 1. We are to live humbly, despite the difficulties of this present life, acknowledging that God has the plan and the power to make it come to pass in our lives. 2. Because He cares for us, God will lift up those who suffer for Him when the time is right according to His plan and purpose. 3. Because God has a plan and the power to enforce that plan, we should through all our anxiety on Him. Living humbly is the recognition that am not capable of fixing the things that make the Christian life tough to live, only God has that ability. We will write a custom essay sample on Interpretive Journey Paper specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Interpretive Journey Paper specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Interpretive Journey Paper specifically for you FOR ONLY $16.38 $13.9/page Hire Writer

Intelligence Agencies essays

Intelligence Agencies essays Since the attacks on our country on September 11, 2001, more people have become aware of the need for our government to gather intelligence regarding what our enemies might be planning. This need has gotten even more attention in recent days as it has become apparent that those who attacked us before may well intend to attempt it again. Gathering such information has always been a function of virtually every country's government. Most Americans think the Central Intelligence Agency, or the CIA, is the agency the United States uses for intelligence-gathering. However, several other government agencies play roles as well. Some of them gather a broad range of types of information while others are more specialized. This wide range of agencies gathering information is one reason some think such agencies should have a central place where all the different kinds of information can be analyzed. In addition to the CIA, the National Security Agency (NSA), the National Reconnaissance Office (NRO) and the National Imagery and Mapping agency (NIMA) all play prominent roles in intelligence-gathering (Richelson, 1999). In addition, however, the Department of Defense, Service Intelligence, The Department of State, the Drug Enforcement Administration, the Department of Treasury, and the Department of Energy Intelligence all gather information about events outside the boundaries of the United States that can play an important role in assessing outside The Department of Defense's intelligence arm is called the Defense Intelligence Agency (DIA), which works to provide support information for the Secretary of Defense and the Joint Chiefs of Staff, and by extension, our military (Richelson, 1999). In addition to information developed by people, it gathers information on missile systems, activities on space and medical developments (Richelson, 1999). Service Intelligence ex...

Gender Diversity In Education Essay Example | Topics and Well Written Essays - 750 words

Gender Diversity In Education - Essay Example Instead, diversity can represent variations in interests, perspectives, personalities, abilities and emotions. Gender has a large influence on an individual’s cognitive and emotional development and in their perception. Therefore, gender impacts students learning abilities and in extension a teachers approach to teaching. This paper discusses subject preference as the main challenge teachers have to face in view of variations caused by gender (Cushner et al, 2006). Disparities in education caused by gender are evident in the types of subjects male and female students prefer. On average, most female students prefer arts and languages while most male students are in tune with math and sciences. Is this disparity the fault of the bio-social disposition of the students or the failure of the teachers and indeed the education system? To answer this question one needs to explore the similarities and differences between male and female students in view of education (assuming a mixed g ender classroom). For starters, male and female students are provided equal opportunity for education as stipulated by the constitution. They are also protected against gender bias and even sexual discrimination. Also, in a standard setting, male students are loved by their male and female parents equally (but expressed differently) and the same is true for female students (Cushner et al, 2006). ... On the other hand, psychologists argue that girls may receive instructions with little or no resistance but put emotion in all activities unlike boys who are more factual even at a tender age. Apart from differences in mental development, these factors may contribute to why female students prefer arts to sciences and vice versa for boys (Cushner et al, 2006). The commitment of a teacher to their students in view of human diversity is very crucial because if the teacher overlooks gender differences, both male and female students will suffer. Also, a teacher should control how their gender influences their interactions with the students in a classroom setting. Given the above, a wise teacher will not let nature take its course. The professional thing to do is to understand the differences these students present. For instance, in an essay that requires the personal thoughts of the student, the teacher should be a flexible evaluator allowing the perception of an individual student to gui de them. A male student may focus on aggressive themes such as war while a female student will pick soothing themes such as family. Also, a teacher may opt to give information laden instructions for the sake of a female students understanding and cued information for the sake of male student. This significantly bridges the gap in subject preference among the students. The teacher should also note that male students despite their culture prefer a practical approach to learning compared to female students. Having a half practical half theoretical approach to learning is beneficial to all students (Cushner et al, 2006). Another notable difference is the language abilities of male and female students. Despite the lack of concrete scientific evidence, scholars concur that female

Public Relations Essay Example | Topics and Well Written Essays - 500 words - 3

Public Relations - Essay Example The essay "Public Relations" deals with how a product’s perception can influence its sale and growth. Regardless of the quality, product perception (Alan Louis Hospital and the Pedophile book) can determine whether the product is deemed valuable or invaluable by the general public. Therefore, there is need to brand a product successfully in order to attract new customers and ensure the loyalty of existing customers. According to Barnett, the Alan Louis Hospital case study provides an ideal opportunity for comprehensive analysis. The hospital, though not well known, has a variety of strengths, which include its high ranking position in patient care when compared to the other more established hospitals in the region, its better customer care service due to its lesser size, allowing for better patient care and treatment, highly qualified personnel, up to date medical facilities and equipment, good patient relations and good brand image. However, the hospital is plagued by a few weaknesses, such as its poor market penetration and brand recognition. Despite its quality services and positive patient reviews, the hospital is not well known, which has led to lower patient entry levels. The hospital’s major competition is the other mainstream hospitals in the region, which has better brand recognition. It is quite easy to remedy these situations if the hospital can be able to utilize its opportuni ties, which include social media, advertisements, regional health care expos, billboards and broadcast media.

Targeting Teenagers Essay Example for Free

Targeting Teenagers Essay When taking a look around at the night life of any city of the western culture we may come to a conclusion that pubs and party places are stuffed with under aged children below 20 or even 18. These kids need more energy to survive the rush of the nightlife therefore it is not unusual to see them drinking energy drinks – or even mixing it with alcoholic beverages. Do the producers and marketers of such energy drinks like Red Bull or Monster think of the unhealthy effects of these drinks on adolescents? A perception can be made that such beverages are highly effecting and endangering the health of their consumers – teenagers and adults – however, their producers are targeting at the most vulnerable and willing to spend audience – the teenagers of the western cosmopolitan cities. The long term goal of producers and marketers of energy drinks is not less but to own as high percentage of the market share as possible, using any kinds of marketing tools, without taking into consideration ethics and the health risks caused by energy drinks. Health Effects. It is a well-known fact that energy drinks such as Red Bull or Monster contain ingredients that could be harmful not only for teens but for adults as well in the long run. According to pharmaceutical studies of Clauson et al. (2008) ginseng, taurine, guarana, bitter orange, and caffeine – key ingredients of energy drinks – may interact with each other in a way that can cause symptoms varying from headache, insomnia, high blood-pressure, stroke, or even heart attack. Various sources from the Internet show evidence that teenagers‘ health was harmed after consuming energy drinks. In Colorado Springs, several high school students last year became ill after drinking Spike Shooter, a high caffeine drink, prompting the principal to ban the beverages. In March, four middle school students in Broward County, Florida, went to the emergency room with heart palpitations and sweating after drinking the energy beverage Redline. (Parker-Pope, 2008) ‘Three years ago, Ross Cooney, 18, from Ireland, died after he shared four cans of Red Bull and played in a basketball match. ‘ (Nordqvist, 2004). In the mean time it must be mentioned that not only the ingredients can be harmful and risky for the teenage consumers but the lack of responsibility during drinking energy drinks plays an important role as well. While adults are – or should be – able to keep their limits, teenagers act in the most unexpected ways. ‘But the biggest worry is how some teens use the drinks. Some report downing several cans in a row to get a buzz, and a new study found a surprising number of poison ­center calls from young people getting sick from too much caffeine. ‘ (Johnson, 2006). Other sources underline that another factor effecting adolescents is strongly in connection with their behaviour. Energy drinks may negatively affect those teenagers, who are more aggressive by nature, ‘High consumption of energy drinks is associated with toxic jock behavior, a constellation of risky and aggressive behaviors including unprotected sex, substance abuse and violence. ‘ (Parker-Pope, 2008) Based on the above risk factors and several other additional ones numerous countries and states have already banned – or attempted to ban energy drinks, however, they were not able to sustain the state of rejection for a longer time span. For instance France, Denmark and Norway have banned Red Bull for a certain amount of time – the ban was upheld by the European Court mainly because the caffeine levels were considered to be safe and negative effects of other ingredients were not supported. The European Union enforced Red Bull and other energy drink providers to warn their consumers of the high caffeine content (Nordqvist, 2004). In the United States there have been several attempts as well to ban energy drinks – to protect adolescents, but the law does not make any restrictions possible. Energy drinks, which are classified as dietary supplements, are not regulated by the Food and Drug Administration (FDA). That means they dont have to follow the same strict limits that the FDA places on potentially harmful ingredients such as caffeine (a primary component of energy drinks) that soda makers must follow. (Park, 2011) Based on the above studies a conclusion can be made that even though energy drinks contain ingredients that can be harmful if consumed un-responsibly, the level of ingredients are still considered to be safe. Teenagers must be taught that consumption of such beverages should be kept below a certain limit or should be avoided. Attracting Teenagers Why is it so attractive for teenagers to consume Red Bull, Hell, Burn, Monster, or any other energy drinks? Most probably because these drinks are considered to be the drink of popular, young, successful people – mostly sportsmen. Goodman’s video about The Merchants of cool (2001) describes this situation clearly – being cool is essential to teenagers to be in the spotlight. Marketing cool became very popular these days, due to the well known fact that teenagers of metropolitan cities tend to use – eat, drink, wear – whatever they believe is cool and in the mean time their parents are willing to pay for these items. In the sudden a product becomes mass or becomes un-cool according to these teenagers, they are not willing to purchase them anymore. The teenagers who are willing to pay for the products represent a strong and rich audience. Therefore marketers should keep this in front of their eyes when designing new marketing strategies, mostly when talking about brands that tend to target the teenagers. If we take a look at what the energy drink brands represent, it is visible that they are either committed sponsors of extreme sports, other popular sports, (Ho, 2006) or position themselves in the centre of leisure and parties (Arlidge, 2004). This certainly is cool amongst adolescents. It can be stated that Red Bull, Monster, or other beverages are the representatives of cool. Which cool teenager would not like snow boarding, skate boarding, monster trucks, air shows, Formula-1, cross motors, car racing or any other dangerous extreme sport like skydiving? (Helm, 2005) Therefore these producers target teenage buyers exactly they way they should be targeted. Does this seem unfair, or is this an example of perfect targeting? It must me mentioned that these energy drinks give the message to teens never to rest and always do something – to be always on the move. Today a usual American watches television approximately 4 hours 45 minutes per day (Shea et al. 2010, p. 165) hours per day. By the age an average teenager reaches the age of 21 he or she has watched more than 20 000 hours of television already. Most teenagers use the Internet throughout the day, however, only 28% of them looks for fitness and health tips (Oblinger, 2005). It is also stated that over 155 million children are overweight world wide, similarly in the United States and in the European Union, approximately 35% of adolescents are considered to be overweight or obese. (Shea et al. 2010, p. 166) Red Bull spends annually billions of dollars on not only sponsoring sports, but also building its own sports teams (Ho, 2006). Varying from numerous different sport categories, Red Bull attracts millions of teenagers towards these sports. For instance skate boarders Ryan Sheckler, Zered Bassett, Joey Brezinski, or Nick Dompierre are well known endorsers of Red Bull. They have millions of fans worldwide and hundreds of teenagers started skate boarding because of them. We can mention thousands of examples where an energy drink brand sponsored sport idol became the hero of teenagers. Because of these idols teenagers later on started doing sports instead of just sitting at home. Should parents thank Red Bull or Monster for doing this? Red Bull can easily reach its target audience through showing them how popular and trendy it is to drink their beverages. In the mean time they give the message to teenagers never to rest, and to do some sports, therefore they can become the cool and popular actors of their environment. Etical Behaviour After seeing what product Red Bull offers to teenagers, and knowing how these adolescents are reached, it is essential to take into consideration whether marketing tools of energy drink providers are ethical or not. The American Marketing Association clearly defines what is considered to be ethical from marketing point of view, however, it must be mentioned that acting ethically is always relative, it depends on the values and norms what a certain individual, or what the society tends to understand as ethical. American Marketing Association states that norms are the following: do not harm; foster trust in the marketing system; embrace ethical values; while ethical values are: honesty, responsibility, fairness, respect, transparency, citizenship (American Marketing Association, n. d.). Let us take a look at these one by one through the actions of Red Bull. Do not harm: ‘This means consciously avoiding harmful actions or omissions by embodying high ethical standards and adhering to all applicable laws and regulations in the choices we make. ‘ (American Marketing Association, n. d. ) We have seen that even though we cannot state clearly that energy drinks are harmful for teenagers, they could have negative effects if they are consumed un-responsibly. Red Bull strongly covers its decisions of the ingredients of beverages through a legal perspective. Currently the amount of caffeine and taurine are below the unhealthy limits, therefore Red Bull cannot be questioned from legal point of view. On the other hand if we take a look at a can of Red Bull it is not described clearly how many milligrams of caffeine or taurine could or should be consumed per day, or how many cans of energy drink can an adult drink without risking his or her health. Just like on the package of cigarettes or alcoholic beverages it should be mentioned in a visible, obvious way that drinking more than one can of energy drink per day could have harmful effects on health. Red Bull does not harm its buyers, however, the consumers should be educated more about the beverage. In return for this action Red Bull could be representing the care towards consumers. Foster trust in the marketing system: This means striving for good faith and fair dealing so as to contribute toward the efficacy of the exchange process as well as avoiding deception in product design, pricing, communication, and delivery of distribution (American Marketing Association, n. d. ). Red Bull communicates towards customers that their drinks will ‘Give you wings‘. They position themselves in the centre of extreme sports and parties where extra energy is essential. The picture they have built throughout the years is representing values of the company in an obvious, clear, and fair way. When we take a look at the price of a can of Red Bull it also represents that this beverage somehow stands out from other non-alcoholic drinks such as Coke or Sprite (Helm, 2005). Therefore they clearly give the message that this drink is something special and should be consumed only when the human body needs extra energy and wants to be on the top. Embrace ethical values: ‘This means building relationships and enhancing consumer confidence in the integrity of marketing by affirming these core values: honesty, responsibility, fairness, respect, transparency and citizenship. ‘ (American Marketing Association, n. d. ) Red Bull’s target audience is the male population, from teenagers to 25-30 year old adults (Helm, 2005), however, when looking at teenagers, those who really purchase – or pay for – the drinks are mostly their parents, of which Red Bull is confident, therefore they should give a message to the parents as well about honesty, responsibility, fairness, etc. Right now – according to previous studies of this paper – parents are the ones who trust the least these energy drinks and are scared of its negative effects on their teen children. Red Bull is honest, since what they state is true. Their beverage contains a high amount of taurine and caffeine that gives more energy and ‘wings‘. On the other hand it is hard to say they are responsible. They do not focus on telling their teen consumers that the drink can be harmful, and in the mean time they drag the adolescents to dangerous extreme sports. These surely will not win the trust of parents. Red Bull and other energy drink providers should win the trust of parents by either not letting teenagers drink their beverages, or create a certain type of drink that is – even if consumed un-responsibly – cannot have any negative effect on adolescents. All in all Red Bull’s actions of marketing are legally covered and they cannot be mentioned as an unethical company, however, certain restrictions and actions would make them appear in a much more positive scene. Conclusion and Recommendations We have come to the final conclusion that energy drinks contain ingredients that can be harmful for consumers – teens, adolescents, or adults – however; they are endangering health only if they are consumed irresponsibly. It is truly visible that the target audience of the highly caffeinated drinks are male adolescents (age 18-25), who tend to use more energy, or show the society how popular and cool they are. Sources have underlined that energy drinks are consumed by even younger teenagers, whose drinking habits may become dangerous, since they do not tend to focus on the healthy consumption of energy drinks. Red Bull and other similar beverage providers should put more focus on teenagers and provide them more details on how the energy drinks should be consumed. Marketers of Red Bull and other energy drinks focus obviously on gaining the highest market share possible, however, they are keeping all the necessary limits to be legally covered. Besides the possible unhealthy effects of the beverages these firm focus on sponsoring sports, which can help the health of teenagers in the long run, and attract them towards sports. The more they can effect teenagers to start doing some sports, the more helpful they can get for parents – therefore the presence of energy drinks on the market causes controversies. To avoid confrontation with parents in the future energy drink producers should focus more on educating consumers how to drink their beverages, and state clearly on the cans the ingredients of their products. The best possible solution would be to mention on the packaging visibly that teenagers below 18 should not consume energy drinks, or to create a product for younger teens that can be consumed without limits, at any time of the day. List of References American Marketing Association (n. d. ). Statement of Ethics. Available at: http://www. marketingpower. com/AboutAMA/Pages/Statement%20of%20Ethics. aspx (Accessed: 1 November 2011) Arlidge, J. (2004). How Red Bull woke up the teen market. The Guardian, 5 December [Online]. Available at: http://www. guardian. co. uk/media/2004/dec/05/advertising. formulaone (Accessed: 31 October 2011) Clauson et al. (2008). Safety issues associated with commercially available energy drinks. Pharmacy Today 14 (5), pp. 52–59. Conway, C. (2011). A Sports Marketing Success Story. Available at: http://www. sportsnetworker. com/2011/03/08/a-sports-marketing-success-story/ (Accessed: 29 October 2011) Helm, B. (2005). Energy Drinks Build Their Buzz. Bloomberg Businessweek, 5 January [Online]. Available at: http://www. businessweek. com/smallbiz/content/jan2005/sb2005015_8196_sb017. htm (Accessed: 29 October 2011) Ho, M. (2006). For Red Bull, Its Here, There and Everywhere. The Washington Post, 23 August [Online]. Available at: http://www. washingtonpost. com/wp-dyn/content/article/2006/08/22/AR2006082201516. html (Accessed: 28 October 2011) Merchants of Cool, The (2001). Directed by Barak Goodman [DVD]. A Report on the Creators Marketers of Popular Culture for Teenagers. s. l. , PBS Nordqvist, C. (2004). French ban on Red Bull (drink) upheld by European Court. Available at: http://www. medicalnewstoday. com/releases/5753. php (Accessed: 29 October 2011) Oblinger, D. G. (2005). Educating the Net Generation. s. l. , s. n. Olson, J. (2011) For some kids, drinks can pack a risky punch. Star Tribune, 13 February [Online]. Available at: http://www. startribune. com/lifestyle/wellness/116136804. html (Accessed: 1 November 2011) Park, A. (2011). Energy Drinks May Harm Health, Especially for Children. The Time, 14 February [Online]. Available at: http://healthland. time. com/2011/02/14/energy-drinks-may-harm-health/#ixzz1cRphxGJE (Accessed: 28 October 2011) Parker-Pope, T. (2008). Energy drinks linked to risky behavior among teenagers. The New York Times, 27 May [Online]. Available at: http://www. nytimes. com/2008/05/27/health/27iht-27well. 13247828. html (Accessed: 28 October 2011) Sarasalin, K. , Watthanachai T. (2009). The internationalization process of Red Bull from the perspectives of global expansion. Master Thesis. Malardalen University. Shea B. , Harvey-Berino J. , Johnson R. (2010). Watching television: how does it influence the dietary quality of children?. Nutrition Bulletin 35(2) pp. 165-171. Academic Search Complete [Online]. Available at: http://web. ebscohost. com (Accessed: 1 November 2011) Sonneville K. , Gortmaker S. (2008). Total energy intake, adolescent discretionary behaviors and the energy gap. International Journal Of Obesity 32 (19-27). Academic Search Complete [Online]. Available at: http://web. ebscohost. com (Accessed: 1 November 2011).

Enviornmental Catastrophes :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Many people throughout the world deal with environmental destruction. Whether it is natural or man created, both end in sudden calamities.   Ã‚  Ã‚  Ã‚  Ã‚  An example of a natural catastrophe is the 1997 Red River Flood in Grand Forks, North Dakota. One of the unique aspects of the Red River is that it flows North and empties into the lake Winnepeg in Canada. However, since temperature tends to get colder the farther north you get, ice-jamming is often a concern of the Red River during the spring season. The National Weather Service began putting out warnings as early as February that a flood due to the spring melt was likely to occur. Due to Grand Forks harsh winter that consisted of a cruel blizzard, the amount of snow melts exceeded. In an effort to prevent the flood, the North Dakota National Guard dumped sand on the river in hopes to use the suns’ thermal energy to speed up the thawing and eliminate the ice-jams. Unable to control the excessive water the flood of the century began. On April 18, 1997, the Red River’s water level was at 52.19 ft high and had risen at a rate of an inch each hour follo wing. The flood began to take out areas of the city one by one, and people with what little possessions the could grab had to evacuate immediately. After six days of flooding the river finally began to recede and people were allowed to return. The amount of filth left behind from the flood was incredible. Much of the property had been destroyed and basically everything else had been contaminated by the water. Everything that was washed out by the water turned into trash and many had to start all over again. The post-flood clean up that was taken to the dump totaled 224 million ton, which is usually nine months of garbage.   Ã‚  Ã‚  Ã‚  Ã‚  An example of a man-created catastrophe is the Tragedy of the World Trade Centers. September 11, 2001 terrorist attacks on America had a big effect on New York City environment, and the political and emotional landscapes of the United States. This will be remembered as one of the most shocking days in American history. Armed terrorists hijacked four passenger jets and used them as weapons against the U.S.. The attacks destroyed the World Trade Center, damaged the Pentagon and killed three thousand people. The cleanup was a very emotional and strenuous effort by fire fighters, policeman and many volunteers.

Social Media as Marketing Tools-a Case of Coca-Cola

Back ground of Coca-cola Coca-cola started in Atlanta, Georgia, on May 8, 1886 by Dr. John Stith Pemberton. He was a local Pharmacist. After producing Coca-cola syrup he carried it down to another pharmaceutical store on the street, where it was sampled and pronounced as exceptional. The sales of the drink called Coke thereafter, began. It was not at first sold as bottled drink; rather it was sold from the fountain for five cents a glass. Carbonated water was later combined with the newly discovered syrup to produce the drink known as coca-cola today.Coca-cola is known all over the world for its unique taste which its competitors have not been able to beat. Dr. Pemberton partner with a man called Frank M. Robinson-a bookkeeper- to create the name Coca-cola. After considering the advertising aspect of the product, Robinson came up with the unique name known as â€Å"Coca-cola† today. Coca-cola was first advertised in The Atlanta Journal, through the journal the citizens were in vited to taste â€Å"the new and popular fountain drink†. While the product tasting were ongoing, series of advertising campaigns were also put in place to aggressively promote the newly found drink.The people passing by were invited to try the drink with the hope of passing the message across after tasting. During the first year, the average sales of coca-cola rose to nine drinks per day. Dr. Pemberton never realized the future prospect of the drink he created; therefore, he sold a portion of his business to different partners. In 1888 before his death, he sold the remaining part of Coca-cola to Asa G. Candler-An Atlanta business guru, who later proceeded to buy additional rights and completely took over the operation of Coca-cola (The chronicle of Coca-cola). Coca-cola brand imageCoca-cola is a leading name brand in the carbonated drink industry therefore; the name plays a major role in the sales of the product. With a very strong distribution channel that makes the product s readily available everywhere in the world and a unique brand image that places the product on the mind of it targets audience so much that, Coca-cola becomes an addiction within some quarters. This background knowledge gives Coke the greater opportunity to service a larger geographical population in various capacities (Coca-cola marketing mix 83). Coca-Cola’s brand personality reveals the positioning of its brand.Coca-cola strategically positioned it products in the mind of it targets group that they see the product as part of their daily lives and this strategic brand positioning often plays a major impact in taking decision. The association between the brand and the consumers sometimes result in brand loyalty and invariably makes the purchasing decision easier for the consumers. Coca-cola packaging system remains one of their strengths in the market. Although the bottling of Coca-cola has undergone series of transformation all through the years throughout the world but th e brand remains consistent in its distinctive taste all over the world.In other words, the product remains the same both in taste and packaging globally (Coca-cola marketing mix 83). The age of social media marketing Social media marketing is the process or strategy of using social media websites like, facebook, twitter, YouTube, LinkedIn, MySpace etc. to promote a company and its products. Over the years technology has brought about changes in the way we do business. The new age of technology has undoubtedly altered the ways most companies also conduct their business activities. This technology inclined age therefore, makes buying decision easier for the target market segment.Earlier before the advent of social media; media outlet were limited to radio, TV and various print media, this made it easier for the advertiser to reach their â€Å"mass audience† using promotions through these available medium then. The media proliferation gave birth to various media channels which i n turn have allowed consumers to have options when it comes to media usage as a result of modern invention. It is very germane to note at this point, that the media availability really have a sporadic impact on consumers’ behaviors. Such impact include: Interactivity, Customization and Social interaction (Social marketing meet interactive media).The social media network has therefore, becomes so important that it is a must have for any company that wants to be relevant in the 21st century. It has contributed to the development and success of many companies in various ways. The case of Coco-cola is not an exception among the companies who are strategically using the social media marketing tools to draw followers to their brands. According to Jack Yan, The purpose for brands in any social media approach must be to serve the organization both internally and externally†¦ He went further to state the nine goals of social media usage by a brand.Such goals include: * Building a sense of membership or citizenship with the organization * Promoting communication and acceptance of the brand * Encourage the audience to engage in dialogue about the brand * Building positive brand association * Building brand awareness * Acting as a channel through which information about the brand can be obtained * Inform the consumers of the vision behind the brand * Help the organization to maintain a competitive ground * Act as a channel to know if the brand is been properly communicated to the consumers and * Build a perceived quality of the brand (Social medial in branding).Coca-cola effectively combines the above mentioned goals in its social media usage through the huge numbers of followers on its social medial page. Its continuous utilization of social medial marketing tools like Facebook, Twitter and Youtube, has undoubtedly given the company an insight into what the consumers are saying about its brand. Coca-cola facebook utilization Facebook is one of the fastest gro wing social networks with over 400 million users all over the world, it has both young and grownups as active users (Facebook: challenges and opportunities for Business communications students).Coca-cola is one of the most popular brands on Facebook along with celebrity artiste icons like Lady Gaga, Rihana and Eminem. Coke has over forty-one million fans (www. facebook. com/cocacola). Coke is the 15ht most popular Facebook page†¦ (usatoday. com) On Facebook, Coca-cola has over 35 million â€Å"like†Ã¢â‚¬ ¦according to Wendy Clark-Coke senior vice president of integrated Marketing, she says†¦Ã¢â‚¬ having all the fans respond to coke is meaningful. This is because; such responses are likely to generate more sales for the brand coke.She went further to lay emphasis on how such colossal responses from the fans on face book are to the advantage of coca-cola (usatoday. com). The nature of the social media networks site deliberately makes it possible to share information among the users. Facebook has a high utility growth and this allows sharing of information among† all friends in one-place solution† achievable (Too many Facebook â€Å"Friends†Ã¢â‚¬ ¦). More so, through its viral distribution of messages, Facebook allows target consumers to pass messages and ads to friends with ease.The online messaging allows comments to be passed on transmitted messages like ads (Viral advertising in social media†¦). Coca-cola understands this behavior, therefore, it virally engaged its targets audience through series of information about its brand. Coca-cola twitter utilization Twitter was introduced in 2006 as a blogging site that permits users to share different kinds of messages online vial medium called tweets (Follow me! Global Marketers’ Twitter use). Through these medium users are able to share messages and comments on various issues going on around them.Twitter has one hundred and sixty million users and send an upward of n inety million message everyday (Twitter as a medium of message). Coca-cola has over five hundred and thirty thousand followers on twitter (Twitter, Inc). These followers are constantly engaging in various topics about the brand coca-cola on the webpage. Through the twitter page consumers are informed about any ongoing promotion and program of Coca-cola. Twitter also stands as one of the avenues through which the consumers get information about any new ads message concerning the brand.The twitter –verse according to Clark, has a profound impact on how coke deal with consumers feedback. Coke monitors the questions posted on Twitter and answers them. Clark says twitter has brought changes to coke customer service approach. More staffs are now been put on twitter’s page to respond to the ongoing traffic demands of the twitter page (usatoday. com). Coca-cola YouTube utilization YouTube is a none-paid for social media website that enables users to upload their videos and sha re them through the internet (Peers or expert? ). It was created in 2005; it has over a 100 million videos per day.This massive number account for 60% of all online videos. The nature of YouTube broadcasting allows the users to share their opinions online concerning the videos they have seen through rating (Social interaction and co-viewing with YouTube: Blending Mass Communication†¦). Coke employs the use of YouTube for advertising purpose through which the viewers can pass comments on their advert. The use of YouTube by Coca-cola gives the viewers the opportunity to view and pass comments on their ads. These commentaries generated helps coke in furthering their creativity when else they plan another advert.The reason has been that such commentaries are not immediately receivable under the traditional TV adverts. Though there are many other sites through which one can upload videos but coca-cola YouTube engagement gives better viewing opportunity in terms of marketing to the l arger audience. A scene from an advertisement provided by coca-cola on YouTube†¦ Result of the brand The social media world has invariably changed the nature of the modern day business approach and it has so far brought so many challenges and success to those brands using them to promote their products at different stages.Coca-cola through the social media utility has been able to generate millions of followers and viewers all over the world. These viewers in turn promote the brand through their spending on Coca-cola brands. Coca-cola has over 2 billion people drinking coke globally. A success story that is linkable to its creative prowess and leveraging with social media network sites like Facebook, twitter and YouTube (Coke’s social media success†¦). Coca-cola through the usage of these media continues to build an empire of loyal followers.Coca-cola having built these enormous followers does not just live them to communicate in isolation, rather the company strate gically put a monitoring body in place that responds to the followers queries and provide immediate response. Wendy Clark in an address recognized that â€Å"social listening† is very important in social media; it is necessary to communicate back to the followers. She said†¦Ã¢â‚¬ forget about the† like† button. It’s all about the â€Å"share†. It’s the most important. She concluded by saying that whatever content the company has to create must be shareable.She shared the story of a man who through immediate response from the Coca-cola twitter’s team went ahead and purchased a Vitamin water drink-an extended brand of Coca-cola (Coca-cola VP Talks†¦). A result oriented communication! Connectivity Coca-cola through it social media connect various groups via online activities. This engagement gives the opportunity to the consumers to share their experiences about the products among themselves. It also allows Co-ca cola to have fe edbacks on how the brand is doing in the market place.These feedbacks help in developing marketing strategies for the brand. From the ongoing, it is certain that Coca-cola social medial presence and engagement with its consumers has not only created awareness and loyalty for the brand; it has also generated increase in sales for the brand through its huge cyber group followers. As a result of its involvement with its followers, the brand is able to connect globally with the consumers at various locations all over the world within a particular circle-the social network.It is therefore, very necessary within this paper to recognize the fact that, social media as a marketing tool plays a significant part in the brand’s ability to reach its target audience. References 1. The chronicle of Coca-cola: Birth of a refreshing idea: Retrieved on 05/02/2012, from http://www. thecoca-colacompany. com/heritage/chronicle_birth_refreshing_idea. html 2. Coca-cola marketing mix 83: Retrieved o n 05/02/2012, from http://www. bilara. hubpage. com/hub/coca-cola-0 3. Coca-cola Fans page: Retrieved on 05/03/2012 from http://www. facebook. com/cocacola 4.Twitter, Inc (us): Retrieved on 05/03/2012 from http://www. coca-cola. com/en/index. html 5. Coke’s media success makes a lot out of little: Retrieved on 05/03/2012 from http://www. millwardbrown. com/global/blog/post/2011-12-19/coke-s-social-media-success-makes-a-lot-out-of-a-little. aspx 6. Coca-cola VP Talks about the keys to social media success: Retrieved on 05/03/2012 from http://www. marketingpilgrim. com/2011/04/coca-cola-vp-talks-about-the-keys-to-social-media-success. html 7. Brandtzaeg, P. , Luders, M. , & Skjetene, J. (2010). Too many Facebook â€Å"friends’?Content sharing and sociability versus the Need for privacy in social Network sites. International Journal of Human-computer interaction, 06-, 26(11/12), 1006-1030. doi: 10. 1080/10447318. 20010. 516719 8. Chu-chuan, C. (2011). Viral Advertising i n social media: Participation in facebook Group & Responses among college-Age users, Journal of Interactive Advertising, 12(10), 30-34 9. Decarie, C. (2010). Facebook: Challeges & Opportunities for Business Communication Students. Business Communication Quarterly, 73(4), 449-452. doi: 10. 1177/1080569910385383 10. Harisdakis, P. , & Hanson, G. 2009). Social Interaction and co-viewing with YouTube: Blending Mass Communication Reception and Social Connection Journal of Broadcasting & Electronic Media, (53(2), 317-335. doi: 10. 1080/08838150908270 11. Hye-Jin P. , Hove, T. , Hyun Ju. , & Mikyyoung, K. (2011). Peer or expert?. International Journal of Advertising 30(1), 161-188. 12. Hill, R. P. , & Moran, N. (2011). Social marketing meets interactive media. International Journal of Advertising. 30(5), 815-838. doi. 10. 2501/IJA-30-5-815-838. 13. Kwon ES & Sung, Young Jun (2011), Follow me! Global markers ‘Twitter’ Use.Journal of Interactive Advertising, 12 (10), 4-16. 14. S avage, N. (2011). Twitter as medium and message communication of The ACM, 54(3), 18-20. doi: 10. 1145. 1897860. 15. Yan, J. (2011). Social media in branding: Fulfilling a need. Journal of Branding Management, 18(9), 688-698. doi: 10. 1057/bm. 2011. 19 Abstract The social media group is very relevant in the modern day marketing strategy, it is very crucial for any brand that wants to be successful in today’s marketing operation to fully utilize the numerous advantages associated with this viral tool in marketing communications.This paper examines the results of, and the utilization of three social media tools by Coca-cola to connect, and create awareness among its target audience. The strategic use of these social media tools-Facebook, Twitter and YouTube eventually leads to more sales for Coca-cola brand. Table of contents Background history of Coca-cola———————————————â₠¬â€Ã¢â‚¬â€-i Coca-cola brand image—————————————————————-ii The

Ethical Issues Professional Codes For Marketing Activities...

Assessment Part 1: Identity ethical issues professional codes for marketing activities. Identify 4 national and local government legislation and regulations and accurately describe in term of social and ethical implications and obligations for marketing activities. I would like to take an example of coca cola Company to clarify government rules and regulations in terms of social and ethical implications and obligations for marketing activities. Coca-Cola product was invented in 1886. The Coca-Cola Company also produces various kinds of other soft drinks including Fantail and Sprite. Fantail was originally an orange flavored soft drink. It has also available in many different flavors such as grape, peach, grapefruit, apple, and pineapple and strawberry. Description of marketing activity carried out by the business Title of local or rational government Legislation in New Zealand Reason why this Legislation will have to be adhered to coca cola in New Zealand Product safety and quality programs: The program ensure the high standards, product quality, safety, health and environmental standards across entire coca cola system Fair Trading Act 1986 Public Health Safety Act Products are always tested in modern laborites. Therefore, measure key product and package quality attributes by focusing on ingredients and materials, samples collected from the trade as well. Nutrition information: It is company s responsibility to provide fact base nutrition information. SoShow MoreRelatedEssay on Codes of Practice1513 Words   |  7 PagesEthics and values apply to our personal and professional lives. Ethics are a notion of one’s actions, which originates from ideology of an individual doing what is right not wrong. 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