Wednesday, December 25, 2019

Whole Foods Entering Foreign Market - 965 Words

Executive Summary: Whole Foods was founded in 1990 with a mission to offer good, wholesome food with an emphasis on natural and organic food. Through a series of acquisitions and expansions Whole Foods is a major grocery store representing organic products in the United States, Canada and the U.K. It is consistently ranked in the top 100 best companies to work for and the top 100 best Corporate Citizens. Business Proposal: This document outlines the possibility of Whole Foods expanding into the German Market. Considerations are explored in the realm of German Culture, the Organic Food market, Competitors, Pros and Cons, Entry and Exit Strategy, and Human Resources strategy to declare whether or not Germany is an appropriate fit for†¦show more content†¦Whole Foods is doing well financially and the free cash flow at hand gives Whole Foods the means to expand by acquisition, if it so chooses. Legal Issues: There have been legal and ethical issues that have plagued Whole Foods in the past and they are detailed below. It is pertinent that Whole Foods resolve or adequately address these issues before expansion into a new market. Labeling In 2008, The State of California vs. Whole Foods: lawsuit filed against WFM for failing to label its 365 line of body washes, gels and liquid dish soaps that contain 1.4-Dioxane, a cancer causing chemical. According to the FDA, â€Å"organic† product standards of 95% or more certified organic standards apply to foods and not to cosmetics. However, under California Law â€Å"Proposition 65†, consumer products that contain toxic levels of 1,4 Dioxane must have warning labels stating that they may cause cancer. Ethical Issues: The 365 Label Whole Foods was started as an opportunity to improve the livelihood of the general community. However, critics contend that WFM has promoted the 365 label at the expense of local producers, who now cannot compete with the giant label. GMO Foods WFM claims to be the biggest retailer of organic foods in the US however on closer examination, it turns out that less than half of what they carry is organic, and that they do carry products that contain GMO, which in itselfShow MoreRelatedAnalysis Of Ben Jerrys Best Interest1732 Words   |  7 PagesEntering Japan The Japanese market represents an avenue of growth for Ben Jerry’s that it has not pursued yet. We outline the advantages and disadvantages of entering into the market and show Ben Jerry’s best interest is to expand. Advantages of Entering the Market One of the biggest advantages of expanding is the potential growth. Japan has a $4.5 billion ice cream market, the second largest in the world behind the US. Considering the increase in dairy consumption occurring in Japan rightRead MoreEssay on International Marketing Case Study Starbucks Going Fast757 Words   |  4 PagesSeptember 9th, 2012 When entering a global market, it can be expected to overcome both controllable and uncontrollable elements. The Starbucks organization is no exception to overcome these elements when entering the global market. According to text (2011) controllable elements are attributes such as firms characteristics, type of product, pricing of product, the amount of research conducted, promotions and the channels of distribution. Uncontrollable elements effecting Starbucks are competitiveRead MoreCase Study Darling Chocolate906 Words   |  4 Pagesaverage growth of income was 23% and average annual inflation rate was only 12%. The average spending on food is about 56% of family budget. Only 2% of monthly expenditures for food are spent on chocolate and candy. Due to several reasons the attitude of Russian consumers is more or less negative towards imported (foreign) products. They perceive that domestic products are at least as good as foreign products. So, in general they prefer domestic pr oducts. Hence, it is not very easy to create brand awarenessRead MoreThe Product Distribution Ideal For Whole Foods Market1701 Words   |  7 Pages Win-Win-Win Distribution The product distribution ideal for Whole Foods Market in Namibia will be two. First, the win-win-win distribution will be used when the company is entering the new country for the first place. This distribution channel aims at having all distributors in the supply chain to benefit from the products being distributed. Even though American companies always aim at reducing the links in the supply chain, this happens in the developed countries while this company is openingRead MoreIdentify the significant changes taking place in todays business environment1373 Words   |  6 Pagesprocesses themselves. No longer is marketing seen as a component of the sales branch in a company but it has established a well-deserved status as a vital element of the working of the entire organisational structure. The growing complexities of todays market place have given rise to the business philosophy of total quality management. This practice ...focuses on integrating customer-driven quality throughout an organisation with continuous improvement of product quality and service (Zikmund 2003, pRead MorePepsis Entry Into India - a Lesson in Globalization1572 Words   |  7 Pagescompany like Pepsi usually operates on the principle of Economies of Scale. In order to achieve a larger market canvas and operate on this minimum efficient scale of operation, it is very essential that the company covers more market and potential customers by moving from a saturated market to an unsaturated one. (E.g. Pepsi shifted its focus from saturated U.S. market to nascent Indian market in order to expand) b. To leverage International Product lifecycle A product in one country maybe atRead MoreTesco Entry Into the U.S.a Essay1066 Words   |  5 Pagesfinally enter the U.S. market branded as â€Å"Fresh Easy†. A year later, Tesco entered the U.S. market by applying new strategies for success and market entry compared to the ones that were used in the past. In the past, Tesco’s strategies for global expansion were (1) to aggressively enter markets in developing nations, (2) focusing on markets that were less competitive, and (3) entering through acquisitions. Tesco used completely different strategies to enter the U.S. market. First, the companyRead MoreGlobalization in the Fast Food Industry in Indonesia1515 Words   |  7 PagesFor this essay, I have chosen the fast food industry as the industry I will look at and Indonesia as the country. Indonesia has a population of 232 million people, with the capital city Jakarta alone has 10 million people, more than twice the population of the whole of New Zealand. So In donesia represents a huge market for industries to delve into, in 2011 Indonesia recorded US $18 billion in Foreign Domestic Investments and ranked 18th for biggest FDI inflow. (data.worldbank.org, 2013) And on aRead MoreStarbucks’ International Operations Case Study1636 Words   |  7 Pagesnotice that a company hardly ever decides to open their own subsidiary. It is understandable, as this mode of entry is connected with highest risk and costs. Starbucks was able to use this strategy in Canada because of some similarities to the American market. Taking into account small geographical distance between the countries, similar history and culture as well as customers’ values and lifestyles, and the same language, Starbucks could have decided that the risk is relatively low or that they can manageRead MoreAn Inside Look at Starbucks1185 Words   |  5 PagesStarbucks entered India in 2012 as a joint 50:50 venture with Tata Group. This paper focuses on company’s s trategy on entering the emerging market and how they have tackled the political, economic, social and cultural challenges of this growing market. BACKGROUND Coffee shops were nearing the saturation point in United States and Europe Starbucks decided to enter the lucrative emerging markets of India and China. India is traditional†©tea†©drinking†©nation which is proven as 69.9 % hot beverages industry is

Monday, December 16, 2019

The Economy Of Israel Is Based On Market System - 1715 Words

The economy of Israel is based on market system, and it ranks 16th among 187 nations on the UN’s Human Development Index, which means highly developed economy (Central Intelligence Agency, 2014). Outstandingly, Israel has developed human resources very well due to the fact that the nation has limited natural resources; as a result, it has established remarkably advanced high-tech industry including electronics, telecommunications, and computer and information technology. Not only high-tech industry, the nation has also invested decent amount of resources in agricultural industry and cultivation of land in order to maintain self-sufficiency in food consumption, which was boosted by significant population increase. As export-oriented fields, Israel has specialty in diamond processing, jewelry manufacturing and flower cultivation. Furthermore, the major export products of the nation are computer software, military equipment, and chemical products; on the other hand, crude oil, gr ains, raw materials, and military equipment are major import items of Israel (CountryWatch, Inc, 2013). After downswing of its economy in 2001-2003, Israel had significant economic boom with real GDP growth, which was above 5 percent from 2004 to 2007 (State of Israel Corp., 2013). Basically, its macroeconomic policies, stable banking sector, and reliable global markets underlay strong economic performance; furthermore, a strong export of goods and services boosted employment and incomes, encouragingShow MoreRelatedSocialist Society in Israel1336 Words   |  5 PagesDictionary.com defines, â€Å"socialism†, as â€Å"a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.† Over the years, Israel has struggled with the ideals of socialism in conjunction with it’s reality. The concept of a successful socialist society in Israel has failed as shown through the collapse of the socialist economic system, the implementation of chang es for a less involvedRead MoreQuestions on Economics, the Recession, and the Federal Reserve974 Words   |  4 Pagesand services become volatile. Most agree that it is impossible to eliminate recession in a capitalistic economy, since it is so cyclic. Recessions may trim weak business and allow stronger ones to survive by employing techniques that improve quality and service. Recession does not mean depression; it simply means that there are peaks and valleys within the overall economic system. Now that economies are more global though, these dips have a far more reaching set of consequences. In most firms, howeverRead MoreWhat Is Israels Economy?1166 Words   |  5 PagesIsrael gained independence in 1948, and its vibrant democracy remains unique in the region. Prime Minister Benjamin Netanyahu, reelected in March 2015, leads a coalition government of right-leaning and religious parties. Israel has a modern market economy with a thriving high-technology sector that attracts con siderable foreign investment. The recent discovery of large offshore natural gas deposits has improved both its energy security and its balance-of-payments prospects. Despite the 2006 war againstRead MoreThe History Of Israel1705 Words   |  7 PagesIsrael, a country of only 8.38 million people, has been thriving since its independence in the year 1948. It runs as a vibrant democracy and the Prime Minister, Benjamin Netanyahu, has successfully lead a coalition government consisting of right-leaning and religious parties. This 8,019 square mile country, â€Å"has a modern market economy with a thriving high-technology sector that attracts considerable foreign investment† (heritage.org, 1). Israel is surrounded by much larger and hateful countriesRead MoreInternational Monetary Fund ( Imf ), World Trade Organization ( Wto ) And World Bank934 Words   |  4 PagesBelgium, Dominican Republic, and Israel are members of the International Monetary Fund (IMF), World Trade Organi zation (WTO) and World Bank. These organizations in their own right are trying to improve the economy by facilitating internationals trading (IMF) , reducing poverty around the world (IMF), ensuring that trading flows smoothly and freely (WTO) and providing financial advice to assist in economic advancement (World Bank). Countries that are members of the IMF, WTO and World Bank, inRead MoreFederal And State Programs And Other Incentives1416 Words   |  6 Pagespublicly funded venture capital participation in investments that involve high commercial risks (Dadush, 2013). Authorities participate in a fierce competition to attract foreign direct investment in order to create jobs and help build the local economy. An example of a successful case is the BMW plant in the state of South Carolina which was constructed in the port of Charleston, which was previously under-utilized. The BMW Company received incentives from the United States government amountingRead MoreIsrael : A Developed Economy812 Words   |  4 PagesMy objective in my research/analysis was to study some form of successful US foreign policy that acted as a substitute to foreign aid or benefited a developing/developed economy. The end of my research resulted in the policy recommendation that the United States should negotiate and enter into bilateral free trade agreements with Egypt and Pakistan under the parameters of lower tariffs/duties for imports, and complete transparency regarding trade policy. At the same time reduce and eventually eliminateRead MoreGlobalization: Slower is Bett er1517 Words   |  7 Pagesto the current values and especially the worlds economy. While this is a great idea, the government is looking to far into the future, and ignoring current problems at home. The Cuban government is attempting to leap into the process of globalization as quickly as possible. James Rosenau say’s that globalization denotes †¦the something that is changing humankind’s preoccupation with territoriality and the traditional arrangements of the state system (Rosenau, 16). Cuba is opening up its territoryRead MoreEssay on George W. Bush/Barack Obama1746 Words   |  7 Pageswhich will later be mentioned, many differences also separated these two president’s policies and beliefs regarding the Middle East and War on Terror, their bailout and stimulus packages, healthcare reforms, and religion and federally funded faith-based groups. Page 1 To understand the difference between the Bush and Obama world views, a good place to begin is by examining their respective definitions of the strategic threat. In the aftermath of September eleventh, BushRead MoreA Look At Israel s Economy3116 Words   |  13 Pagestraded, competed, and influenced the world economy. A country’s political views, religious views, and culture all play an important role in how the country conducts business in the global market. They also play a role in how a specific country makes economic decisions as well as the result of those decisions and how it transitions to the world market. It is extremely important to understand the role of each country and how it conducts business in the global economy. The main focus of this essay is to take

Sunday, December 8, 2019

Repeated Distribution Method Is A Method Which Deals With Reciprocal Services Accounting Essay Example For Students

Repeated Distribution Method Is A Method Which Deals With Reciprocal Services Accounting Essay Outline1 1.0 Introduction2 2.0 HELP University College ( HUC ) Background3 3.0 Financial Model Cost Assignment:4 3.1 Primary Distribution5 3.2 Secondary Distribution:6 3.2.1 Ignore Inter-service Method7 3.2.2 Repeated Distribution Method8 3.3 Final Distribution9 4.0 Recommendation and analysis on cost assignment ( fiscal theoretical account )10 5.0 Decisions11 ( 2237 words ) 1.0 Introduction In this study, my subject for instance survey is HELP University College and cost assignment ( Financial Model ) will be applied. The cost assignment ( Financial Model ) which in order to bear down operating expenses to be unit, a series of distributions will be used. There are includes primary distribution, secondary distribution and concluding distribution. Primary distribution is allotment and or allotment of operating expenses to be Centre. Secondary distribution is reallotment of operating expenses from service cost Centre to production cost Centre. Additionally, the concluding distribution besides applied in this study for soaking up of operating expenses from production cost Centre into cost unit. The recommendation on this cost assignment is given in this study to analysis the cost assignment and so, to reason the whole study at the terminal. 2.0 HELP University College ( HUC ) Background HELP University College was formed in twelvemonth 1986 and has developed into the taking establishment of higher acquisition in Malaysia and to supply low-cost quality educational chances for Malaysians with a steadfastly established international repute among universities, bookmans, corporate leaders and concern in Asia Pacific, North America and Europe ( Then 2010 ) . HELP University College is the flagship subordinate of HELP International Corporation which was incorporated in twelvemonth 2005 and go the investing keeping company for the HELP Group ( About HELP International Corporation: History 2010 ) . HELP offering plans which includes jurisprudence, economic sciences, concern, direction, societal scientific disciplines, the humanistic disciplines and IT at undergraduate and alumnus degrees ( Private Colleges and University CollegesA in Malaysia 2010 ) . HELP leave the quality of instruction based on responsible leading functions and besides the alumnuss preferred employment by transnational companies. In twelvemonth 2004, the Government position out the bestowal of University College as a silent acknowledgment of HELP s distinguished accomplishments, so they play their function as a third instruction in the hereafter ( About Aid: Overview of HELP 2008 ) . HELP s vision is to assist everyone win in life and populate a life of significance through instruction ( HELP International Corporate 2009 ) . One of HELP s missions is to be a university college focuses on sound academic criterions through with a strong civilization of leading and quality, so, uninterrupted to better, and endowment development of staff and pupils. It will besides supply larning experiences that improve life-time values, calling development and personal fulfillment. Its following missions are to portion its success with the community and stakeholders it serves ( Institution Profile 2010 ) . Academic strengths of HELP University College is reputed to hold an outstanding instruction module by it all learning staff possesses Master s grades with many keeping PhDs. Many international faculty members and bookmans from top universities like Cambridge, University of Texas Austin, and Harvard who serve as visiting professors, testers and lectors was been complemented in local module ( University Colleges Private 2010 ) . Besides that, a batch of HELP s success situated its alone educational teaching method and doctrine. Its educational doctrine is holistic ( Institution Profile 2010 ) . 3.0 Financial Model Cost Assignment: 3.1 Primary Distribution Overhead analysis sheet which is shown in Appendix 1.1 are utilizing the information given in Appendix 1.0 for the initial aim is to delegate all fabricating operating expenses to be Centres. Cost Centre means that some object, activity, or country for which costs are individually collected ( Black 2008 ) . At Appendix 1.0, that the direct pay related costs and supervisory wages have been straight traced to be Centres. They are direct costs when cost Centres are the cost object and indirect costs when merchandises are the cost objects. Therefore, they are traced straight to the cost Centres shown in the overhead analysis sheet in Appendix 1.1. The staying costs shown in Appendix 1.0 must be allocated to the cost Centre utilizing appropriate allotment bases and can non be traced straight to the cost Centres. Using the allotment bases to the informations given in regard of the HELP University College in Appendix 1.0 it is assumed that illuming and warming, edifice insurance and depreciation of edifice are related to the entire floor country of the edifice, and the benefit received by each cost Centre can hence be determined based on the proportion of floor country which it occupies. The entire floor country of the edifice shown in Appendix 1.0 is 17 000 square meters ; module of applied scientific disciplines and multimedia occupies 29 % of this and module of jurisprudence and authorities a farther 59 % . Therefore, refer to the overhead analysis sheet in Appendix 1.1, which 29 % lighting and warming, edifice insurance and depreciation of edifice are allocated to module of applied scientific disciplines and multimedia, and 59 % are allocated to module of jurisprudence and authorities. Salve Regina College EssayHowever, it is recommended that budgeted overhead rates should be used than existent overhead rates in HELP. It is because the existent operating expense rates will do a hold in service or merchandise costs. And besides the monthly rates used causes fluctuations in the operating expense rates throughout the twelvemonth. To gauge the budgeted operating expense rates, an under- or over- recovery of operating expenses is given whenever existent overhead outgo or activity is different from budget ( Drury 2005 ) . Any under- or over- recovery is treated as a period cost accommodation and written off to loss and net income statement, and hence non allocated to merchandises. 4.0 Recommendation and analysis on cost assignment ( fiscal theoretical account ) In secondary distribution, the simple manner of ignore inter-service method is the lone justification for utilizing this method comparison to the repeated distribution method ( Drury 2004 ) . This method is recommended when inter-service reallocations are undistinguished. Mention to the Appendix 2.1, the entire operating expense after allocated and apportioned for module of applied scientific disciplines and multimedia section is $ 458,160 and module of jurisprudence and authorities section is $ 413,841. As a consequence, the entire operating expense after allocated and apportioned for module of applied scientific disciplines and multimedia section is evidently higher than the module of jurisprudence and authorities section. It is assumed that the ground for this state of affairs is the entire sum of direct rewards related cost in module of applied scientific disciplines and multimedia section, $ 213, 333 which is demoing in primary distribution ( Appendix 1.1 ) is higher than module of jurisprudence and authorities section, $ 120, 000. However, the entire sum of other points of outgo for module of applied scientific disciplines and multimedia section is lower than module of jurisprudence and authorities. Means that, the high entire sum of direct pay related costs for module of applied scientific disciplines and multimedia section have to been cut down or amend. Recommend here for amend the direct pay related costs is altering the manner of salary been given. HELP University College can cut down the direct pay related costs by pay the lectors on the footing of a salary, and so give committee and fillip to the excellence lectors. HELP besides can engage portion clip lector and pay them wages on the figure of class they learning. This non merely can cut down the costs of direct pay, but besides would non impact the lector s motive and still can keep the public presentation of university. Besides that, the lighting and warming disbursals of the module of applied scientific disciplines and multimedia section, $ 21,765 which demoing in Appendix 1.1 besides can be amend to cut down the entire operating expense after allocated and apportioned in this Centre. HELP University College can organize a run to review the lectors and pupils mind on salvaging the energy of electronic and this manner indirectly besides will salvage the green environment. Therefore, the cost of illuming and warming will be utilizing by the lectors and pupils in more moderation. Apart from that, in concluding distribution, the cost of operating expense in repeated distribution method is the most accurate, so which is adopted on budgeted operating expense. When the service section are continually allocated in the prescribed per centums until the costs become smaller to be important, so the cost of operating expense in the perennial distribution method will go more accurate. However, the service section costs are reallocated merely to production sections in ignore inter-service method, and so the cost of operating expense is inaccurate. 5.0 Decisions It is of import to understand how cost systems assign costs to be objects because it will stand for the cost of merchandises to be generated for net income measuring intent in HELP. Additionally, it is necessary to guarantee that the cost is incorporated in the overhead analysis are appropriately coded so that different overhead rates can be extracted for different combinations of costs. As a consequence, there will be enable relevant cost information to be extracted from the database for run intoing different intent in HELP. ( 2237 words )

Sunday, December 1, 2019

What Ive Outgrown free essay sample

My sister Emily and I standing in front of our house, with her climbing a tree. Myfriend Maegan and I sporting nametags and windswept hair. A group of us standing in a lineon the grass, laughing. My uncle and I on the beach, our ankles buried in wet sand. Three ofus girls in party dresses, posing for the camera. All of these are snapshots of the past. Theyare memories frozen and preserved by chemicals on glossy paper, reminding the viewer ofthe things that have passed. My computer’s hard drive holds even more photos, thousands ofdigitally captured remnants of a moment that seemed important enough to trap with a click ofthe camera.Collecting pictures for the yearbook has shown me how much has truly changed. Ihave found that throughout my life so far, things have changed as quickly as a child’s bodydoes during puberty. The evidence can be seen simply by walking down the hallway. We will write a custom essay sample on What Ive Outgrown or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Theboy who cried all the time in elementary school is now over six feet tall and captain of thefootball team. The girl who wore giant sweatshirts and boys’ pants has become the promqueen. The most popular kid in fifth grade has become a whispered name, with everyoneasking, â€Å"Whatever happened to†¦?† These people I shared my animal crackers with duringsnack time have become strangers to me.I sifted through the boxes of old memories with wonder. I constantly marvel at thepower that remembering something, or someone, can hold over a mind. As I dug through thecontents of my drawers, I found a folder of notes written to me by my friend who passedaway. The nostalgia that wound itself around my heart felt like a rubber band worn too longon a wrist. It unlocked a floodgate of sudden realizations, like blood rushing back into numbfingers. I thought of all the people who had gathered at this friend’s wake, putting theirdifferences aside to mourn together. We had held hands around a candle lit in her memory,our eyes closed so that we might witness a miracle. For an instant, we were connected by ourgrief.Despite the fleeting melding of sad souls, I have since grown apart from many ofthose individuals. I still see them everyday—a small school means there is no avoidinganyone. Sometimes we smile at one another, a half-hearted acknowledgment of ourfamiliarity. It is exceedingly strange to think that our amity has been reduced to a briefgreeting. Some of the people who now pass by without a second glance are the same peoplewho I stayed on the phone with for hours. We knew everything about each other, and thereare so many documents that can testify to what once was.Even my closet door is a canvas of forgotten names. There are at six or sevenhandprints of my dearest friends at the time. They have outgrown their handprints, and ourfriendship. The drawings that are strewn across the door are relics of the recent past. Theyexist only in the world of memories, floating in the evanescent abyss that runs on theenigmatic time zone of teenagers.When I was young, even a single minute could feel like forever. The impatience ofchildhood made me believe in the ever after promised to me by fairytales. Suddenly, I amseventeen and time is moving too fast. All around me there are things, people, and evenplaces that I have outgrown—boxes of clothes I no longer fit into, people I no longer hangout with, places I no longer go to. The tree that my sister climbed is no longer there. Maeganand I still talk, but we have not been close for years. The group of us standing in a line havesince grown up and gone our separate ways. The sand that my uncle and I trapped our feetbeneath is eroding. The girls in party dresses are only acquaintances now. Human beings arechanging organisms. We are bound to outgrow things, but when we do new things take theirplaces. Today, there are flowers where the tree once stood, I have grown closer to otherpeople, and we go to a different beach. One day, the present may become another box ofmemories. In the mean time, it fits just fine.