Ife, Efe, and Space Matrix of Coca-Cola Essay

INTRODUCTION Coca-Cola, the product that has given the world its best known taste was born in Atlanta, Georgia on May 8, 1886. Coca-Cola Company is the world’s leading manufacturer, marketer and distributor of non-alcoholic beverage concentrates and syrups, used to produce nearly 400 beverage brands. They have a strong management and marketing team, and they produce products that people want and in some cases need. Examples of well-known brands they own include Coke, Sprite, Fanta, Vitamin Water, Minute Maid, Bonaqua and Powerade. Although, even a successful company can come tumbling down, and in order to stay ahead of the competition and to continue revenue growth, we would advise the company to seek out additional business strategies in which will explain in depth in the following sections (our company, 2014). CURRENT MISSION, GOALS AND STRATGIES: Coke’s mission is to, â€Å"refresh the world, inspire moments of optimism and happiness, and to create value and make a difference.† Coca-Cola believe that they main responsibility is providing customers with refreshing beverages including soft drinks, water, energy drinks, juice and tea to fit any occasion in their daily lives. Coca-Cola signature product, Coke, is a favorite around the world and a wide variety of products are sold in over 200 countries. They use the only the most sophisticated equipment to process and make the products to ensure each glass of coke product it as good as always. Besides, employees are fairly compensated and we practice fair trade in all markets we compete. Coca-Cola values their responsibility to all communities to serve and support many educational programs. Furthermore, The Company’s goals include maximizing growth and profitability to increase shareholders’ wealth and to be globally known as a business that conducts business responsibility and ethically and to accelerate sustainable growth to operate in tomorrow’s world. The strategies that The Coca-Cola Company is currently pursuing to achieve these goals include: product innovation; creating well planned packaging and pricing schemes; and increasing operating efficiencies. The Company often reviews and evaluates their business plans and performance to improve their earnings and analyze their  competitive positioning the market. They make decisions in realigning their business models to match the objectives of the Company by using strategies and tactics in the analysis of their performance (our company, 2014). INTERNAL ANALYSIS: (See attached IFEM) The Coca-Cola Company has an IFEM score of 2.82, which is an indication of a strong internal position. It can also be observed that there are much more internal strengths than the weakness which is why also the company has a strong internal position. FINANCE: Coca-Cola has consistent financial operating results and compared to their competition, they are much better financial shape. For the year ending 2013, the company generated a whopping $48 billion in revenue, an increase over the past two years. According to the company’s 2013 Income Statement, net income, operating income, and gross profit resulted in a positive year-over-year percent change. Coca-Cola has a Quick Ratio of 0.92% and a Current Ratio of 1.03%, thus having a low projected risk of delinquency and a low risk of failure. Coca-Cola has the total debt to asset ratio of 41.17 and profit margin of 18.22%. The company meets its goal of maximizing shareholders’ wealth as the company’s stock (KO) price plus reinvested dividends continue to trend upwards. MANAGEMENT: There are a lot to say for a company that is been in business for 127 years and it’s evident that the management structure is strong, the company also has a global employee workforce of 150,900 that contributes to the overall success of the organization. The company strives to make a positive impact in the world and intends for their core values to display not only inward but also outward toward the customer. Some of those core values are: diversity, collaboration, passion, accountability, and integrity. RESEARCH AND DEVELOPMENT: With the proper qualitative research, the company can gauge what type of beverage the consumers want and whether or not their products taste good to the consumer. The company offers over 91 products worldwide, but in order to stay ahead of competition, the development of new products, product packaging, and product diversification is essential. MARKETING: Coca-Cola is a marketing giant, which proves to be an internal strength for the organization. Through effective marketing strategies, 98% of the world’s population recognizes the famous white and red Coca-Cola logo. Over the years, Coca-Cola has had many creative slogans such as â€Å"Open Happiness† and  Ã¢â‚¬Å"It’s the real thing†. Consumers also enjoy the yearly Coca-Cola Super Bowl commercials that often promote happiness with the Clydesdale horses or Polar Bears. In addition, Coca-Cola is taking advantage of social media sites to communicate with their customers. In summary, The Coca-Cola Company yielded a positive internal analysis. The company is in good financial shape and continues to improve and produce positive year-over-year profits. As long as the company can keep its debt under control, they will continue to be in good financial health. The management team and global workforce at Coca-Cola are strong and their core values reflect positively though their commitment to social responsibility. The company should continue to research what type of beverages best suit consumer’s needs in order to stay ahead of the competition. Lastly, the company excels with their marketing campaigns and should continue with aggressive and creative marketing to maintain market share. EXTERNAL ANALYSIS (See attached EFEM) Company Coca-Cola appears to be competing in a hostile environment as indicated by the EFEM score of 2.39. It can be seen in the External Factor Evaluation matrix that the industry is facing more threats than the opportunities and the priority of the threats are also more than the opportunities. This means that the industry is more vulnerable to the effects of threats than opportunities. DEMOGRAPHIC: Coca-Cola is the most well-known product throughout the world. The demographics used to segment those users of Coca-Cola located in the United States are as follows: age, race, income, education, employment, household size, gender and lifestyle. Coca-Cola was originally created as syrup to be sold to soda fountains, where it would be mixed with soda water and served to patrons, typically teenagers and young adults. And just as it was created for the younger generation, that’s where it’s popularity has remained, with the 18-24 year-old age demographic. However, Coca-Cola’s volume potential is highest for 25-34 year-olds. In the adult population, Coca-Cola is most popular among men, and more specifically, single men. However, there is significant volume potential for married persons, and Coca-Cola could therefore prospectively increase their sales volume by marketing more towards married persons ages 25-34. COMPETITION: Existing Rivalry in the soft drinks  industry is between Coca Cola PepsiCo and Dr Pepper Snapple. However, Coca Col a remains to be the market leader and has maintained the leadership through its intensive marketing campaigns, innovation in introducing brands which captures the evolving customer needs and the wider presence of its brands in many countries across the world. This combined by the significant market experience for the many years the business has been in the industry gives the Coca Cola a competitive edge over competitors. New entrant’s new entrants: Coca cola as the leading soft drink sel ler in the industry has a large network which gives it economies of scale and wide presence all over the world. The economies of scale makes Coca Cola’s average cost to be too low for new entrants to be able to enter the market since they cannot afford to produce at such low cost hence the market has low entrant. The cost of entering the soft drinks industry is also high due to the much research needed for the brands development, equipment and expertise involved which also keeps away many potential entrants in the market. This gives Coca Cola a competitive edge against any potential entrants. ECONOMIC: Inflation rate rise which is the general rise of the price level reduces the consumer’s purchasing power reducing demand for the business’s products while its reduction increases purchasing power increasing demand. Next, Emerging markets are increasing business operations in international market l. This can be demonstrated by the significant performance of the company with the earnings before interest in markets outside US representing 80% of the company earnings. Interest r ate determines the cost of borrowing for investors in the market. Thus a rise of the rate increases the cost of investment which reduces competition in the market while a fall of the rate reduces the cost of capital increasing competition in the market. Unemployment rise affects the amount of disposable income available to the consumers with its rise reducing the income hence reducing demand. On the contrary, an increase in employment increases the disposable income increasing demand for goods boosting the business performance. Economic growth rate and performance determines the level of income in the economy which determines the aggregate demand in the market. Thus a positive economic growth increases demand in the market while a negative growth reduces demand. SOCIAL: Lifestyle change in the market changes demand for products, calling for the business to introduce products that meet the new  demand while phasing out the old products with no demand; this has promoted innovation of the company in introducing relevant products like the diet brands and low or Zero calories brands. Aging population and population composition change and diversified products preference in the market as different age groups have different tastes and preferences, with the elderly becoming more concerned with their health hence having their demand change to healthy products reducing demand for some of the businesses products. The consumers health concern and age preferences has resulted to Carbonated drinks being much preferred by and commanding a large youthful market segment who care less about carbon health effect which has been the concern. There has also been a significant growth of healthier soft drinks due to their branding image that they are natural but the carbonated brands consumption among the children and the adults has reduced. STRATEGIC OPTION ANALYSIS: See the I/E, SPACE, TOWS and QSPM I/E MATRIX: The I&E Matrix plot depicts a strategy area of 2.56 which indicates that the company should â€Å"hold and maintain. Suggested strategies for this position on the I&E Matrix are market penetration, market development, and product development. This is not a large problem for the company as they are in a very strong financial position to hold and maintain the current market position. Elimination of the major problems of Coca-Cola in term of production and marketing will strengthen the company internally and facilitate the adoption of a broader range of strategies. Coca-Cola must also consider to creating products for market niches in order to make it less vulnerable to competition (Product Development).One of the threat in the market is customer are changing health-consciousness attitude, the company have to develop products that can satisfy the need of customer and that are perceived as being clearly superior to the competition. SPACE MATRIX: The SPACE matrix shows a borderline plot in the AGGRESSIVE quadrant, which correlates with the result from the IE matrix as well. The plot ensure the company’s strong financial position (FS+5) with a great competitive advantage (CA-1.50). The industry itself is strong (IP+5.2) but the Coca-Cola finds itself in an unfavourable environment (CP-1.80). Due to  these factors, it is best that Coca-Cola be aggressive and cautious at the same time. The plot suggests that Coca-Cola needs to use their internal strengths to develop a market penetration and market development strategies to stay ahead of the competition. Some of the factors that afforded Coca-Cola with a competitive rating are their large percentage of market share, consumer loyalty to the brand, and their high-quality product offerings. TOWS MATRIX: The TOWS Matrix Yielded Ten Strategies. Two of the strategies were functional strategies and the remaining eight were Business/Corporate strategies. These functional strategies deal with the organization structure and sales force of Coca-Cola. Ten distinct B/C strategies were identified to include product development, concentric diversification, market penetration, horizontal integration, management, market development and joint venture. The QSPM and the QSPM score Summary Sheet: The eight distinct B/C strategies were evaluated by the QSPM. The tentative priorities established in the analysis of the BMS matrix were somewhat revised based on QSPM scores. All scores were at least moderate-above 50% of Max Possible Score (MPS) overall. Strategy #2 had a high overall score- 80% with an extremely high external argument score of 79%. It appears that the strategic thrust inferred in the I/E and BMS analyses and their supporting strategies are generally sustained by the QSPM analysis. RECOMMENDED STRATEGIC THRUST AND SUPPORTING STRATEGIES Coca-Cola should adopt a strategic thrust, which is aimed at positioning the company as a company that owns the innovative products. Aside from that, Coca-Cola should become a creative and memorable leader in the food and beverage industry. Coca-Cola should seek to at least maintain, but preferably increase its market share. Major emphasis should be placed on further penetrating foreign markets, with emphases on our marketing which able to tap into the psyche of the public, especially the teenagers (Hoistein, 2014). It should, as soon as possible, enter the teenagers market  by bringing the wonderful products that could catch the teenager’s mind. Coca-Cola must make its products more attractive and tasty to fulfill the customer’s expectation. FUNCTIONAL STRATEGIES The following functional strategies should be carried out in the time frames indicated. F/MG: Create new department to research and develop nutrition products. Product life cycles are shortening because of the people’s preference and trends are changing rapidly. Develop a â€Å"Market need† products for consumers in order to compete with other competitor. For instance, Coca-Cola must develop the right pricing and packaging, with small packs, large packs, or take-home packs (Hoistein, 2011). This need is pressing and paramount. SHORT RANGE, but will be an ongoing need. F/MG: Develop talent human capital in sales team. The organization’s structure must be redesigned to be more responsive to the field and unpredictable nature of the competitive environment. A talented sale leaded is needed to lead their team in order to provide the best in town services for the customers. SHORT-MID-LONG RANGES. B/C (BUSINESS/CORPORATE STRATEGIES) SHORT RANGE-INITIATE IMMEDIATELY AND IN PRIORITY: Strategy #2 and #3 – Research and development to create innovative products that appeal to the health conscious consumers and Capitalize on their strong brand name and expand operations to include food (SO) and (WO): Coca-Cola should employ more creative and innovative worker and gain several new attractions for the products Hire more creative and innovative worker able to generate more new ideas for Coca-Cola and Coca-Cola could increase the level of satisfaction of customers. For instance, Coca-Cola must understand the culture of every country before enter into the international market in order to increase the competitive advantage. For example, Coca-Cola has announced plans to launch a new version of its best-selling soft drink with a third less sugar and a third fewer calories in the market (Smithers, 2014). New green cans and bottle labels will feature alongside its range of drinks from the iconic 330ml red tins with 139 calories to Coke Light and Zero with no calories (Sayid, 2014). It can help Coca-Cola increase the  market share. Both strategies have the highest priority. Strategy #4 – Increase marketing efforts for bottled drinks (WO): Coca-Cola should do research on the bottled drinks. Coca-Cola has to make the bottled drinks that the customer feels attractive and purchase us. According to Fox (2014) Coca-Cola will personalize its bottled drinks with 250 of the nation’s most popular names among teens and millennial. Nowadays, most of the people likes fresh and new the products, which able to grab their attention. This trend had brought an opportunity for Coca-Cola to generate more customers. MID RANGE – BEGIN PLANNING IMMEDIATELY FOR IMPLEMENTATYION IN 2 TO 3 YEARS Strategy #1 – Improve environment awareness with community involvement (SO): To achieve environmental awareness Coca-Cola should organize seminars for the public in order to share the information and knowledge of the company. Aside from that, every bottled drink should print the information about environmental awareness to remind the customer regards the crucial of it. LONG RANGE-BEGIN PLANNING NOW FOR IMPLEMENTATION IN 4 TO 5 YEARS. Strategy #5 Increase advertising to maintain competitive edge (ST): Concentrate on every single advertisement able to maintain a competitive edge. Coca-Cola should target all audiences when advertise for its products. If the advertisement able to grab the attentions of consumer it means the advertisement was a good advertisement. Zmuda (2014) said increase the effectiveness of our marketing investment by transforming our marketing and commercial model to redeploy resources into more consumer facing marketing investments to accelerate growth. It proves that a good marketing will plan a good advertisement and it could maintain the competitive advantage. Strategy #6 – Acquire Golden Enterprises (GLDC) to help diversify the product line (ST): Coca-Cola should diversify its product line for market development and GLDC is required for this strategy. Coca-Cola must do research and development to achieve this goal. NOT RECOMMENDED: Strategy #8 – Advertising on encourages consumers to lead a healthy lifestyle (WT): Coca-Cola should not advertise a healthy lifestyle advertisement, products of Coca-Cola not a drink that can drink for healthy purpose. It  seems to increase the risk of failure if advertise healthy lifestyle advertisement. References (2014), Our Company. Retrieved from http://www.coca-colacompany.com/our-company/ David, F. (2013). Strategic Management A Competitive Advantage Approach. 14th ed Pearson Education, Inc. Fox. (2014). Why you may see your name on a bottle of Coca-Cola. Retrieved from http://www.myfoxorlando.com/story/25742524/why-you-may-see-your-name-on-a-bottle-of-coca-cola Hoistein, W. J. (2011). How Coca-Cola Manages 90 Emerging Markets. Retrieved from http://www.strategy-business.com/article/00093?pg=all Ruddick, G. (2014). Coca-Cola to launch new stevia-flavored drink. Retrieved from http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10890702/Coca-Cola-to-launch-new-stevia-flavoured-drink.html Sayid, R. (2014). Coca-Cola Life to launch in UK as new low calorie alternative to classic brand. Retrieved from http://www.mirror.co.uk/news/uk-news/coca-cola-life-launch-uk-3672697 Smithers, R. (2014). Coca-Cola Life: Coke with fewer calories and less sugar to tackle obesity. Retrieved from http://www.theguardian.com/business/2014/jun/11/coca-cola-fewer-calories-less-sugar Zmuda, N. (2014). Coca-Cola Boosts Media Spending as Demand Slows, CEO Muhtar Kent Defends the Importance of Marketing. Retrieved from http://adage.com/article/news/coca-cola-boosts-marketing-spend-demand-slows/291747/

Texas Womans University Admissions SAT Scores, Costs

With an acceptance rate of 86%, Texas Womans University is not highly selective, and students with good grades and test scores have a good chance of being admitted to the school. Applicants will need to submit high school transcripts and scores from either the SAT or the ACT. For more information, check out the schools website or contact the admissions office. Admissions Data (2016): Texas Womans University Acceptance Rate: 86%Test Scores -- 25th / 75th PercentileSAT Critical Reading: 410 / 520SAT Math: 420 / 530SAT Writing: - / -What these SAT numbers meanACT Composite: 17 / 23ACT English: 15 / 23ACT Math: 17 / 23What these ACT numbers mean Texas Womans University Description: Texas Womans University is a public, four-year institution in Denton, Texas, with additional locations in Dallas and Houston. The  University of North Texas  is under two miles away. TWU is the largest womens university in the country (note that some programs do admit men). The university offers bachelors, masters and doctoral degrees across a wide range of academic fields, and in recent years TWU has expanded its online offerings significantly. Academics are supported by a 17 to 1 student / faculty ratio. In the  U.S. News and World Report  2012 Best Colleges issue, TWU was named in the top three in Texas and in the top 10 in the US among colleges with the most diverse student populations. Campus life is active with over 100 student clubs and organizations, as well as an active Greek life. The university also offers intramural sports including dodge ball, indoor volleyball, and Quidditch. The TWU Pioneers compete at the intercollegiate level as a member of the NCAA Division II  Lone Star Conference  (LSC) with sports including soccer, volleyball, and gymnastics.   Enrollment (2016): Total Enrollment: 15,655 (10,407  undergraduates)Gender Breakdown: 13% Male / 87% Female67% Full-time Costs (2016 - 17): Tuition and Fees: $7,238  (in-state); $17,030 (out-of-state)Books: $1,050 (why so much?)Room and Board: $7,578Other Expenses: $3,006Total Cost: $18,872 (in-state); $28,664 (out-of-state) Texas Womans University Financial Aid (2015  - 16): Percentage of New Students Receiving Aid: 92%Percentage of New Students Receiving Types of AidGrants: 85%Loans: 59%Average Amount of AidGrants: $8,424Loans: $5,282 Academic Programs: Most Popular Majors:  Biology, Business Administration, Child Development, Criminal Justice, General Studies, Health and Wellness, Interdisciplinary Studies, Kinesiology, Nursing, Nutrition Sciences, Psychology, Social Work Transfer, Graduation and Retention Rates: First Year Student Retention (full-time students): 79%Transfer Out Rate: 38%4-Year Graduation Rate: 21%6-Year Graduation Rate: 38% Data Source: National Center for Educational Statistics Interested in Texas Womans University? You May Also Like These Colleges: Texas Tech University: Profile | GPA-SAT-ACT GraphTexas Christian University:  Profile  |  GPA-SAT-ACT GraphBaylor University:  Profile  |  GPA-SAT-ACT GraphUniversity of North Texas:  Profile  |  GPA-SAT-ACT GraphAgnes Scott College:  Profile  |  GPA-SAT-ACT GraphUT Arlington:  ProfileUT Dallas:  Profile  |  GPA-SAT-ACT GraphUT Austin:  Profile  |  GPA-SAT-ACT GraphStephen F. Austin State University:  ProfileTexas AM University Commerce:  ProfileTexas State University:  Profile  |  GPA-SAT-ACT GraphUniversity of Houston:  Profile  |  GPA-SAT-ACT Graph Texas Womans University Mission Statement: mission statement from  http://www.twu.edu/administration/twu-mission/ Texas Woman’s University builds on its long tradition as a public institution primarily for women by educating a diverse community of students to lead personally and professionally fulfilling lives.   TWU prepares women and men for leadership and service through high quality undergraduate, graduate  and professional programs on campus and at a distance.   A TWU education ignites potential, purpose and a pioneering spirit.

Texas Womans University Admissions SAT Scores, Costs

With an acceptance rate of 86%, Texas Womans University is not highly selective, and students with good grades and test scores have a good chance of being admitted to the school. Applicants will need to submit high school transcripts and scores from either the SAT or the ACT. For more information, check out the schools website or contact the admissions office. Admissions Data (2016): Texas Womans University Acceptance Rate: 86%Test Scores -- 25th / 75th PercentileSAT Critical Reading: 410 / 520SAT Math: 420 / 530SAT Writing: - / -What these SAT numbers meanACT Composite: 17 / 23ACT English: 15 / 23ACT Math: 17 / 23What these ACT numbers mean Texas Womans University Description: Texas Womans University is a public, four-year institution in Denton, Texas, with additional locations in Dallas and Houston. The  University of North Texas  is under two miles away. TWU is the largest womens university in the country (note that some programs do admit men). The university offers bachelors, masters and doctoral degrees across a wide range of academic fields, and in recent years TWU has expanded its online offerings significantly. Academics are supported by a 17 to 1 student / faculty ratio. In the  U.S. News and World Report  2012 Best Colleges issue, TWU was named in the top three in Texas and in the top 10 in the US among colleges with the most diverse student populations. Campus life is active with over 100 student clubs and organizations, as well as an active Greek life. The university also offers intramural sports including dodge ball, indoor volleyball, and Quidditch. The TWU Pioneers compete at the intercollegiate level as a member of the NCAA Division II  Lone Star Conference  (LSC) with sports including soccer, volleyball, and gymnastics.   Enrollment (2016): Total Enrollment: 15,655 (10,407  undergraduates)Gender Breakdown: 13% Male / 87% Female67% Full-time Costs (2016 - 17): Tuition and Fees: $7,238  (in-state); $17,030 (out-of-state)Books: $1,050 (why so much?)Room and Board: $7,578Other Expenses: $3,006Total Cost: $18,872 (in-state); $28,664 (out-of-state) Texas Womans University Financial Aid (2015  - 16): Percentage of New Students Receiving Aid: 92%Percentage of New Students Receiving Types of AidGrants: 85%Loans: 59%Average Amount of AidGrants: $8,424Loans: $5,282 Academic Programs: Most Popular Majors:  Biology, Business Administration, Child Development, Criminal Justice, General Studies, Health and Wellness, Interdisciplinary Studies, Kinesiology, Nursing, Nutrition Sciences, Psychology, Social Work Transfer, Graduation and Retention Rates: First Year Student Retention (full-time students): 79%Transfer Out Rate: 38%4-Year Graduation Rate: 21%6-Year Graduation Rate: 38% Data Source: National Center for Educational Statistics Interested in Texas Womans University? You May Also Like These Colleges: Texas Tech University: Profile | GPA-SAT-ACT GraphTexas Christian University:  Profile  |  GPA-SAT-ACT GraphBaylor University:  Profile  |  GPA-SAT-ACT GraphUniversity of North Texas:  Profile  |  GPA-SAT-ACT GraphAgnes Scott College:  Profile  |  GPA-SAT-ACT GraphUT Arlington:  ProfileUT Dallas:  Profile  |  GPA-SAT-ACT GraphUT Austin:  Profile  |  GPA-SAT-ACT GraphStephen F. Austin State University:  ProfileTexas AM University Commerce:  ProfileTexas State University:  Profile  |  GPA-SAT-ACT GraphUniversity of Houston:  Profile  |  GPA-SAT-ACT Graph Texas Womans University Mission Statement: mission statement from  http://www.twu.edu/administration/twu-mission/ Texas Woman’s University builds on its long tradition as a public institution primarily for women by educating a diverse community of students to lead personally and professionally fulfilling lives.   TWU prepares women and men for leadership and service through high quality undergraduate, graduate  and professional programs on campus and at a distance.   A TWU education ignites potential, purpose and a pioneering spirit.

Understanding Commercial Granite

Stone dealers lump a wide variety of rock types under the broad category called granite. Commercial granite is any crystalline rock that is harder than marble with large mineral grains. Lets unpack that statement: Crystalline Rock Crystalline rock is a rock that consists of mineral grains that are tightly intergrown and locked together, making a tough, impervious surface. Crystalline rocks are made of grains that have grown together at high temperature and pressure, rather than being made of existing sediment grains that have been cemented together under gentler conditions. That is, they are igneous or metamorphic rocks rather than sedimentary rocks. This differentiates commercial granite from commercial sandstone and limestone. Comparison to Marble Marble is crystalline and metamorphic, but it consists largely of the soft mineral calcite (hardness 3 on the Mohs scale). Granite instead consists of much harder minerals, mostly feldspar and quartz (Mohs hardness 6 and 7 respectively). This differentiates commercial granite from commercial marble and travertine. Commercial Granite Versus True Granite Commercial granite has its minerals in large, visible grains (hence the name granite). This differentiates it from commercial slate, greenstone, and basalt in which the mineral grains are microscopic. To geologists, true granite is a far more specific rock type. Yes, it is crystalline, hard, and has visible grains. But beyond that, it is a plutonic igneous rock, formed at great depths from an original fluid and not from the metamorphism of another rock. Its light-colored minerals consist of 20% to 60% quartz, and its feldspar content is no less than 35% alkali feldspar and no more than 65% plagioclase feldspar. Other than that it can contain any amount (up to 90%) of dark minerals such as biotite, hornblende, and pyroxene. This differentiates granite from diorite, gabbro, granodiorite, anorthosite, andesite, pyroxenite, syenite, gneiss, and schist, but all of these excluded rock types can be sold as commercial granite. The important thing about commercial granite is that whatever its mineral composition, it is rugged (suitable for hard use, takes a good polish and resists scratches and acids) and attractive with its granular texture. You really do know it when you see it.

The Evolutionary Social Theories ( Teggart ) Essay

*****In early anthropology, the mode of operation was to study the beliefs and practices of different cultures then observe the relations they had with each other. While studying culture, anthropologists observed many similarities in the traits and the material culture among different societies. As said by the founder of the ASW (Anthropological Society of Washington) in 1895: â€Å"Even among peoples geographically far apart, often being different forms of mankind, we find phrases, arts, industry, social styles and customs, folk-tales, beliefs and Gods, and even literatures very much alike† (O. T. Mason, 1895a: 14). Societies or cultures were consequently classed according to their ‘advancement’ these classes came to be interpreted as stages in the evolution civilization. Societies would have evolved from a simple primitive lifestyle to a barbaric one and finally to modern society. This is now known as the evolutionary social theories (Teggart, 1949; Watson, 1953 ; Burrow, 1968; Harris, 1968; Meek, 1976; Bowler, 1983). *****Civilisation has been described as going through stages by philosophers as far back as millennia ago. A. Comte, H. Spencer, K. Marx, L. H. Morgan, and E. B. Tylor, took to describing civilisation as evolving. They were joined in this by many scholars of history. For these theories to works some assumptions were made. The first was that basic human nature is the same throughout. That regardless of which path societies take they were heading in the same

Knowledge based World Free Essays

What is the relationship among money, labor, costs, profitability, and knowledge in the modern democratic-capitalistic society? Basically, money, costs and profitability are intertwined because these are numerical unit values in order to run a business. Money can be in the form of profit margins or investments. Costs are the actual assets needed to proceed with a decided business strategy while profitability is the realized difference of capital and accumulated sales. We will write a custom essay sample on Knowledge based World or any similar topic only for you Order Now On the other hand, labor and knowledge are primary factors to realize the business strategy by the company. Labor resources provide the actual concept of productivity while knowledge is a tool to outline the business techniques. Both labor and knowledge predict the actual money values the business can use or receive. 2. Why should managers be concerned about developing a reward system? The reward system can promote a greater sense of productivity because it can directly affect the motivation principles of each employee (Answers, 2008). The personnel of a company will eventually have the attitude of designating quality work philosophy if they know that benefits are available for them if they will be able to satisfy the business quality goal. 3. What is the connection between labor costs in the United States and outsourcing? Labors costs are the amount of investments the company can disseminate regularly in order to maintain a pool of workers in the production segment of the business. Labor costs in foreign lands are cheaper compared to the domestic labor market of the US. Therefore, the rate of outsourcing work outside of the country is inversely proportional to labor costs in foreign markets (lower foreign labor cost-higher outsourcing rate). In another perspective, outsourcing rates are directly proportional to labor costs in the US (higher domestic labor cost-higher outsourcing rate). 4. What changes are occurring in the workforce relative to the kinds of work employees are performing? Depending on the kind of business, changes in the business’ workforce activities are mainly predicted by the performance of the company. If the company is losing its market grip, it has to cut down the number of employees and train the remaining laborers to become multi-task workers, therefore increasing their work loads. Moreover, if the company intends to produce a new product line-up for expansion, then some employees may be tasked to do a new set of work loads to produce the new offerings. 5. How would labor relations executive be influenced by the change from a manufacturing to a service economy? The main aspect of change can only be realized in the way the executive/s will train the attitudes of the laborers. Basically, the service sector is more demanding because it tends to interact directly with the needs of the clients. Of course, the manufacturing sector has its own standards of quality but engaging in a service economy can be more challenging since customer feedback and person-to-person business approaches are delegated. 6. In what way does Title VII of the civil rights act 1964 affect the compensation system of an organization? Does this act really work? The Civil Rights Law of 1964 provides the structure for companies to create their compensation systems (US EEOC, 1997). Because of this law, businesses provide the necessary equal opportunities allotment in terms of submitting fair and justified wage rates. Sometimes, there are instances when this act does not work especially when the company incurs losses in long term operations. There were cases when business owners were sued due to benefits reduction and discrimination of employees in terms of age and racial affiliation 7. Describe an orderly and systematic procedure for developing a job analysis program. For job analysis, an effective procedure is to start the study from the bottom segment of the company operation up to the last ruling individual. First, there is a need to survey the labor force whether they are satisfied with their job status. Second, the company operations should be calibrated regularly to see whether the company projections are met. Lastly, the administration should have a thorough consultation with the business owners in relaying the overall status of the work force. This systematic procedure can cover all the possible dilemmas by using efficient utilization of information among the workers and the management. 8. Some experts in the field have expressed the opinion that job descriptions are unnecessary and a waste of time. Describe your opinion of the value of job descriptions and present reasons to support your opinion. A job description is important because it readily specifies the qualities that a company is looking for a potential laborer according to a list of specified tasks (McNamara, 1997). These criterions enable the business to save time instead of filtering out candidates from a large pool of generic talents. For example, a job description in terms of educational attainment and experience will let the hiring company save training resources since the candidate can readily accommodate specific tasks say for example machine operation, business metrics and computational analysis of data. 9. Are job evaluations a type of internal equity? On a personal perspective, job evaluations truly reflect the internal stability of a company. Because of this principle, laborers will have the chance to prove their worth in the organizational function while at the same time; the management will be able to identify who of its labor elements is productive enough for the company’s mission statement. References Answers. 2008. Employee Reward and Recognition Systems. Answers Corporation. Retrieved February 6, 2008 from http://www.answers.com/topic/employee-reward-and-recognition-systems?cat=biz-fin. McNamara, C. 1997. Employee Job Descriptions. Free Management Library. Retrieved February 6, 2008 from http://www.managementhelp.org/staffing/specify/job_desc/job_desc.htm. U.S. EEOC. 1997. Title VII of the Civil Rights Act of 1964. US Equal Employment Opportunity Commission. Retrieved February 6, 2008 from http://www.eeoc.gov/policy/vii.html. Â   How to cite Knowledge based World, Essay examples

Benefits of Play for Child

Question: Explain why it is important for children to have opportunities for play? Answer: Introduction: Play is an important part of development for children because it leads to social, emotional, cognitive and physical happiness of children. Play also suggests a superlative opportunity for the family of the children to engage totally along with them. In spite of the advantages attained from play for both children time, free play has been noticeably reduced for some children. This report concentrates on various factors that have decreased the level of play, including a rushed standard of living of parents, changes in the structure of family, and augmented concentration to fortification activities and academics at the cost of playtime. The benefits that play give to children: Playing lets children use their creativity, which helps in development of the childrens imagination, agility, and poignant, cognitive, physical and strength. Playing is crucial for a healthy development of brain.By playing, children at a very early age interact and connect to the environment surrounding them. Playing helps them to discover and create a world around them, winning their frights while preparing their roles in adulthood, sometimes in coincidence with adult career giver or other children. As they prevail through their world, play aids children to develop new potential that lead to augment confidence and the flexibility they require to confront future dispute. Undirected play helps them with opportunities for sharing or negotiating to learn how they could work in groups to provide solutions for quarrels, and to learn sills related to self-advocacy.When children play, decision-making skills are being practiced, they learn to be in motion at their own pace, determine their o wn interest fields, and finally connect totally in the intentions where they want to pursue in life.Preferably, the adults control the playing of the children but when adults or caregivers control play, children comply with adult concerns and systems and drop some of the advantages that play can offer to the childrens, especially in budding imagination, group skills and leadership. In difference to inert amusement, play builds healthy bodies and lively mind. In reality it has been proposed that cheering formless play could be an outstanding way to increase the level of physical exertions in children, which is a significant approach in the declaration of the epidemic of obesity. Conceivably, especially, play is an easy pleasure which is an exquisite part of infancy (Child Development Institute, 2015).Playing provides opportunities for Social, Physical, Intellectual, Communication and Emotional.. The opportunities which play gives for children including Learning from play, social skil ls from play learning new words, encourages exploring outdoor play. The EYFS that is the Early Year Foundation Stage provides a balance for adult-guided play and child-innitiated based activities. They provide child initiated choice for the children, like if a child wants to play with a fire engine then a toy will be provided for them. In guide led play the guide provide equipments such as abacus where the child plays to understand numbers. Playing is a vital part of learning. In fact playing is the easiest by which children can learn things about their surroundings. Learning helps to bring out the creativity and development within a child. The benefits that children take out of learning through playing are as follows: 1. They learn the ability to sense the world. Their understanding of the world, its good and bad things become clear in their eyes. If they are constantly at home and not playing in a group, then they will never develop this ability and find problems in the real world later.2. They develop cultural and social understanding. To understand the social and cultural society is a vital part can learn and this can be learning through interaction with the outer world only.3. It makes the children expressive and they become flexible in expressing their thoughts and feelings (Childcareaware.org, 2015).4. Playing also develops their problem solving ability Characteristics of an environment that supports children development and learning: One strong feature for facilitating a proper environment for children is the available resources meant for them. These resources offer supports for development and learning for children. It should understand the needs of child play and development. It should support physical and mental development of a child through playing adequately and freely. It should enhance the emotional stability of children. It should support the children with indoor, outdoor, and emotional environment (Earlyyearsmatters.co.uk, 2015). Physical environment: Physical surroundings include residential area, the relationship and bonding at house. The physical environment has a sturdy impact on both young children's learning and growth. Environments that are well designed will let children to discover, provide them logic of control and will let the children to connect in purposeful, self-directed play (Nlm.nih.gov, 2015). The physical environment should encourage movement like playground that would comprise of seesaw, spring rider, trapeze rings and overhead ladder. Socio-cultural environment: Experiencing the social environment is a very important factor for the development of a child. A child needs to learn being in a social area to learn social behaviour. A man is a social animal, if he does not experience a social environment from his childhood chances are that he might suffer irreversible consequences later and which can lead to mental illness (Zerotothree.org, 2015. The cultural environment also plays an important role. The culture around which a child grows actually shapes up his future and mental growth. For cultural and social environment children are provided with books that have moral values like the Aesop fables. The growth of a child is influenced by the flexibilities of the culture in which he is born. A person should always understand the cultures of other people to live in harmony in this world, but this is only possible when he interacts within his own culture (Pbs.org, 2015). Cultural tools for childrens that should be kept in child care centres are, chil dren musical instrument, cultural DVD for treasure chest, puppets and story books like Nona and Me, the Legend of Seven Sisters. For social development of the children in Child care centres the Centre can conduct social gatherings like conducting workshop of information sessions. Providing environmental issue lessons for social awareness is another type of equipment. Indoor environment: Indoor environment have an immediate impact on the young children. They should be comfortable, attractive and very interesting. They should be like second homes to the children. These are called indoor environment in a nursery because this are made to make the children feel at home. The nature of this environment is to provide the children comfortable just like their homes. The Indoor environment resources that need to be present in order to support development are- books of stories and contains colours, sand games, child learning equipments like colour pencils for drawing, cribs or playpens, stroller, powdered tamper pens and abacus. Outdoor environment: The outdoor environment for child care must contain high quality of resources, space for playing, should have accessibility and stability along with decent and colourful displays for children. Getting fresh air is important for children. Certain resources like playhouse, Frisbee, boat, tree trunk climbing frame and crates should be provided for the children who would enhance their ideas and would make some physical exertion on their behalf. Apart from that the location for the playground needs to be away from traffic, safely guarded, avoid high pollution area and should not be nearby gas station or similar kind. References Child Development Institute, (2015).Child Development Books for Parents -. [online] Available at: https://childdevelopmentinfo.com/child-development/child-development-books-2/ [Accessed 11 Mar. 2015]. Childcareaware.org, (2015).Child Care Aware | America's most trusted child care resource.. [online] Available at: https://www.childcareaware.org/ [Accessed 11 Mar. 2015]. Howkidsdevelop.com, (2015).How A Child Develops - Develop Skills. [online] Available at: https://www.howkidsdevelop.com/developSkills.html [Accessed 11 Mar. 2015]. Nlm.nih.gov, (2015).Child Care: MedlinePlus. [online] Available at: https://www.nlm.nih.gov/medlineplus/childcare.html [Accessed 11 Mar. 2015]. Pbs.org, (2015).Child Development Early Childhood Development Advice . PBS Parents | PBS. [online] Available at: https://www.pbs.org/parents/child-development/ [Accessed 11 Mar. 2015]. Plan-international.org, (2015).Early childhood care and development. [online] Available at: https://plan-international.org/what-we-do/health/early-childhood-care-and-development/ [Accessed 11 Mar. 2015]. Researchgate.net, (2015).Child Care Health and Development. [online] Available at: https://www.researchgate.net/journal/0305-1862_Child_Care_Health_and_Development [Accessed 11 Mar. 2015]. Zerotothree.org, (2015).ZERO TO THREE: Behavior Development. [online] Available at: https://www.zerotothree.org/child-development/ [Accessed 11 Mar. 2015].