Strategic analysis of FedEx to create new arenas Essay Example For Students

Strategic analysis of FedEx to create new arenas Essay This study analysis the strategic capableness of federal express and suggests ways in which the administration might utilize its nucleus competencies to make chances in new spheres. This work is done to carry through the demands for the MSc faculty International direction under the observation of coach Mr.Robert. First the study explains an lineation of the organisation including the company public presentation, vision and mission, values. Then about the cardinal rivals and examines the external and internal concern environment of the company ( SWOT analysis ) . Then it analyses FedEx corporation cardinal resources and competencies, capablenesss for competitory advantage and critical success factors. Then it comes to conclusion about the nucleus competencies to make chances in new arenas.Finaly it identifies the job faced by FedEx and gives recommendations for the future developments. We will write a custom essay on Strategic analysis of FedEx to create new arenas specifically for you for only $16.38 $13.9/page Order now FedEx is a transnational company which represents the widest scope of supply concatenation, transit and concern related information services. It provides services to more than 220 states and districts, including every reference in the United States. FORTUNE magazine declared that FedEx has ranked No. 13 among World s Most Admired Companies 2010. The FedEx trade name is based on velocity and efficiency. The research method which I used in this study is qualitative method. For this I focused on direction books written by writers like David Boddy, Johnson et Al, John R. Schermerhorn and Tim Hannagan. I besides reviewed research methods book written by Saunders et Al, to understand construction of a scientific article and composing manner. Overall I used secondary informations to analyse the strategic capablenesss of FedEx to come in new spheres. The secondary informations are books, scientific diaries and web pages. Harmonizing to this analysis FedEx capablenesss for competitory advantage are invention, loyal clients and engineering and communicating. This study besides identifies the company s critical successes factors which are velocity and efficiency, invention and planetary enlargement. Finally this study concludes with FedEx nucleus competencies to make chances in new spheres. They are innovation, trueness, engineering and communicating, velocity and efficiency. Outline1 Introduction:2 Research inquiries:3 Research aims:4 Company profile:5 Vision and mission:6 Figure 1.1 FedEx Corporate Doctrine7 Valuess:8 Corporate public presentation:9 Figure 1.2 Growth chart of FedEx from 2006 to 2010 ( Beginning: FedEx web site )10 Cardinal rivals:11 Figure 1.3 The Brown V. The Purple Promise12 Research methodological analysis:13 Literature reappraisal and application:14 SWOT analysis:15 Organizational strategic capablenesss16 Strengths17 Failings18 Opportunities19 Menaces20 Figure 3.4 SWOT analysis of FedEx in planetary concern environment21 Strengths:22 Strong Brand Image:23 Figure 3.5 FedEx trade name value for 2008 to 2010 ( Source BrandZ top 100 companies worldwide )24 Figure 3.6 FedEx as 74th among top 100 trade names for 2010. ( Beginning: BrandZ top 100 for 2010 )25 Strong fiscal place:26 Wide scope of operations:27 Global presence:28 Invention:29 Technology and communicating:30 Strong leading:31 Business to concern:32 Failings:33 Rising monetary values:34 Labour differences:35 Opportunities:36 Strategic confederation:37 Strategic acquisitions:38 Intensive planetary enlargement:39 Expansion of e-business:40 Menaces:41 Intensive planetary competition:42 Economic and political conditions:43 Fuel monetary value fluctuation:44 Resources and competencies:45 Figure 3.7 Identifying the organisations chances ( Beginning: Management: David Boddy )46 Figure 3.8 Opportunities and results of international scheme. ( Beginning: Michael A et, Al )47 Tangible resources48 Intangible resources49 Unique resources50 Wide scope of operations51 672 aircrafts52 70,000 motorised vehicles53 10 chief air express hubs54 275,000 Employees55 Repute56 Intellectual capital57 Invention58 Technology59 and communicating60 Loyal clients61 Corporate societal responsibilityFigure 3.9 Resources and competences for FedEx62 FedEx threshold capablenesss:63 FedEx capablenesss for competitory advantage:64 Invention:65 Technology and communicating:66 Loyal clients:67 Corporate societal duty:68 Philanthropy:69 Environment:70 Employees:71 Critical success factors analysis:72 FedEx CSF73 Figure 3.7 CSF of FedEx74 Speed and efficiency:75 Invention:76 Global enlargement:77 Findingss and decisions:78 Invention:79 Loyalty:80 Technology and communications:81 Speed and efficiency:82 Recommendations: Introduction: This work is done to carry through the demands for the MSc faculty International direction under the observation of coach Mr.Robert. Our coach gave us five options and asked us to take one. I was truly interested in analyzing strategic capablenesss and nucleus competencies. So I have chosen the subject three that is Analyzing the strategic capableness of an administration of my pick and Suggesting ways in which the administration might utilize its nucleus competencies to make chances in new spheres. Since my hubby is working in FedEx and it is a transnational company I started making analysis on this company. I have chosen this subject because in today s hypercompetitive concern universe the competition is direct and aggressive. Competitive advantages are frequently imitative. So houses should analyse their internal resources, capablenesss and external environment to expertise nucleus competencies. They are the strong points that a house highly does good in contrast with rival. The nucleus competencies are the capablenesss which should be rare, dearly-won to copy and non- substitutable. Strategic capableness is the ability of a company to prolong and to accomplish long term ends. Strategic capablenesss are the abilities to execute at the degree required to last and thrive, and includes resources and competency ( Johnson et al.2006 ) . Research inquiries: This undertaking study will analyse what are the strategic capablenesss Of FedEx and how to utilize its nucleus competencies to make chances in new spheres? This inquiry is sub divided as what is scheme? What are capablenesss? What is core competency? What is the SWOT analysis for FedEx Corporation? Research aims: This undertaking study will carry through the undermentioned research aims. To place the strategic capablenesss of FedEx based on SWOT analysis and to depict how to utilize its nucleus competency to make chances in new spheres. Company profile: FedEx is a transnational company which represents the widest scope of supply concatenation, transit and concern related information services. FedEx was started as Federal Express Corporation in 1971, by 28-year-old Frederick W. Smith. Smith, a former Marine pilot identified enormous trouble in acquiring bundles and other airfreight delivered within one to two yearss while runing his new house. This job driven him to make the needed research for deciding the uneffective bringing system. Therefore, the thought for Federal Express was born: a company that transformed planetary concern patterns and now defines promptitude and trustiness. The corporation was created in 1998 as FDX Corporation and became FedEx Corporation in January 2000. FedEx motivates its more than 290,000 employees and contractors to stay unconditionally, perfectly committed on safety, on ethical criterions and professional criterions for the demands of their clients and communities. It provides services to more than 2 20 states and districts, including every reference in the United States. FORTUNE magazine declared that FedEx has ranked No. 13 among World s Most Admired Companies 2010. This was based on input from executives, managers and fiscal analysts worldwide. FedEx Corporation delivers strategic way and combined fiscal undertakings for the operating companies that compete jointly under the FedEx name worldwide: FedEx Express, FedEx Ground, FedEx Freight, FedEx Office, FedEx Custom Critical, FedEx Trade Networks, FedEx Supply Chain and FedEx Services. FedEx Corporation has visibly outlined ends and schemes for the hereafter. Headquarters for FedEx is Memphis, Tennessee, USA ( FedEx, n.d ) Vision and mission: The complete history of FedEx Company is based on a peculiar vision: to do it possible for people and concerns to link and join forces with each other, no affair where they are in the universe. FedEx puts its people foremost because they are their most of import assets through which they achieve their concern ends. The Corporate doctrine is briefly stated as people-service-profit. The FedEx trade name is based on velocity and efficiency. Customer necessities will be met in the highest quality manner suited to each market section served. FedEx will endeavour to develop reciprocally carry throughing relationships with its employees, Alliess and providers. Safety will be the first concern in all actions. ( FedEx, 2010 ) Figure 1.1 FedEx Corporate Doctrine Valuess: Peoples: They value their people and promote diverseness in their workplace and in their manner of thought. Service: Their perfectly, positively spirit puts their clients at the bosom of everything they do. Invention: They invent and inspire the services and engineerings that improve the manner they work and live. Integrity: They manage the operations, fundss and services with honestness, efficiency and dependability. Duty: They defend safe and healthy environments for the communities in which they live and work. Loyalty: The house earns the regard and assurance of their FedEx people, clients and investors every twenty-four hours, in everything they do. ( FedEx,2010 ) . Corporate public presentation: FedEx was started as Federal Express Corporation in 1971. In 1975 it gained $ 43.5 million in gross revenues. In 1985 FedEx had chosen an of import measure to spread out its services to Europe by opening a European hub at the Brussels airdrome. Due to this act Revenue reached $ 2 billion in 1985. In 1994 FedEx was the first international express lading bearer to have system-wide ISO 9001 enfranchisement. FedEx is keeping the confidence of its clients through its logistical capablenesss, escalating the transporting capacity of its fleet of over 675 fuel-efficient aircraft and 70,000 vehicles. Figure 1.2 Growth chart of FedEx from 2006 to 2010 ( Beginning: FedEx web site ) Grosss have continued its diminution that began at the terminal of 2008. Since 2008, entire gross has decreased by $ 3.2 billion sum due to less consumer demand brought forth by the recession. FedEx has increased their monetary values based on addition in demand, bettering runing border to 5.8 % , more than the pre-recessionary degree of 5.5 % . Gross for 2010 was $ 34.73 billion, down from 2009 s $ 35,497 billion. Grosss decreased 2 % during 2010 chiefly due to gain lessenings at FedEx Express and the FedEx Freight LTL Group as a consequence of continued competitory pricing environment. ( FedEx, 2010 ) Cardinal rivals: The chief rival for FedEx in US- market is UPS.UPS is the first largest bundle bringing company in U.S . FedEx is the 2nd largest bundle bringing company in U.S .UPS gives FedEx tough competition locally and globally. Other than UPS in international market DHL besides giving tough competition to FedEx. They are besides confronting batch of competition from local companies in China, Europe and India. In Europe TNT is besides one of the cardinal rivals for FedEx. Figure 1.3 The Brown V. The Purple Promise Research methodological analysis: The research method which I used in this study is qualitative. For this I focused on direction books written by writers like David Boddy, Johnson et Al, John R. Schermerhorn and Tim Hannagan. I besides reviewed research methods book written by Saunders et Al, to understand construction of a scientific article and composing manner. I reviewed scientific diaries like Emerging markets and invention: A partnership for planetary advancement , Interconnected houses relationships as a beginning of a competitory advantage , Valuing existent options: Insight from competitory scheme and Strategic development , SWOT analysis at the University of Warwick and Strategic Capability: A Concept and Framework for Analysis . Overall I used secondary informations to analyse the strategic capablenesss of FedEx to come in new spheres. The secondary informations are books, scientific diaries and web pages. Literature reappraisal and application: SWOT analysis: SWOT analysis brings together the internal analysis about the strengths and failings of the resources within the organisation and the external chances and menaces. This analysis will assist in strategic development of the organisation. Harmonizing to my analysis the FedEx Corporation consists of the undermentioned strengths, failings, chances and menaces. Organizational strategic capablenesss Strengths Strong trade name image Strong fiscal place Wide scope of operations Global presence Invention Technology and communicating .u71c351f4fad63fda9e74766564eb4633 , .u71c351f4fad63fda9e74766564eb4633 .postImageUrl , .u71c351f4fad63fda9e74766564eb4633 .centered-text-area { min-height: 80px; position: relative; } .u71c351f4fad63fda9e74766564eb4633 , .u71c351f4fad63fda9e74766564eb4633:hover , .u71c351f4fad63fda9e74766564eb4633:visited , .u71c351f4fad63fda9e74766564eb4633:active { border:0!important; } .u71c351f4fad63fda9e74766564eb4633 .clearfix:after { content: ""; display: table; clear: both; } .u71c351f4fad63fda9e74766564eb4633 { 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; } .u71c351f4fad63fda9e74766564eb4633:active , .u71c351f4fad63fda9e74766564eb4633:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u71c351f4fad63fda9e74766564eb4633 .centered-text-area { width: 100%; position: relative ; } .u71c351f4fad63fda9e74766564eb4633 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u71c351f4fad63fda9e74766564eb4633 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u71c351f4fad63fda9e74766564eb4633 .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; } .u71c351f4fad63fda9e74766564eb4633:hover .ctaButton { background-color: #34495E!important; } .u71c351f4fad63fda9e74766564eb4633 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u71c351f4fad63fda9e74766564eb4633 .u71c351f4fad63fda9e74766564eb4633-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u71c351f4fad63fda9e74766564eb4633:after { content: ""; display: block; clear: both; } READ: A Tale Of Two Cities Notes EssayStrong leading Business to concern Failings Rising monetary values Labour differences Opportunities Strategic confederation Strategic acquisitions Intensive planetary enlargement Expansion of e-business Menaces Intensive planetary competition Economic and political conditions Fuel monetary value fluctuation Figure 3.4 SWOT analysis of FedEx in planetary concern environment Strengths: Strong Brand Image: FedEx has a strong repute by supplying time-definite and dependable services from paperss and little packages up to alone freight cargos like panda cargo from US to china. Harmonizing to BrandZ top 100 trade names world-wide FedEx ranked 74th for 2010.The trade name value for FedEx is $ 9.418millions during 2010, 1 % less than 2009.But it is still better than 2008.This dip is due to planetary recession which affected US really bad and the monetary value rise by the company ( BrandZ,2010 ) . Figure 3.5 FedEx trade name value for 2008 to 2010 ( Source BrandZ top 100 companies worldwide ) Figure 3.6 FedEx as 74th among top 100 trade names for 2010. ( Beginning: BrandZ top 100 for 2010 ) Strong fiscal place: In the fiscal twelvemonth 2006 the entire assets for FedEx Corporation was $ 22,690 billion which is 11 % more than old twelvemonth ( FedEx Annual Report 2006 ) .During fiscal old ages 2006 to 2010 the growing rate of entire assets were 11 % ,5 % ,7 % , -5 % and 3 % severally. The dip during 2009 was due to planetary recession. Due to strong fiscal place it did nt loss much in planetary recession. Strong fiscal place gives assurance and backup for strong concern place in the market. They improved really fast from the downswing because they enhanced to present even more dependability and value to the clients. This was achieved with the aid of the strong fiscal place ( FedEx one-year study from 2006 to 2010 ) . Wide scope of operations: FedEx is the modern air and land express courier service transnational company with broad scope of operations like FedEx Express, FedEx Ground, FedEx Freight, FedEx Office, FedEx Custom Critical, FedEx Trade Networks, FedEx Global Supply Chain and FedEx Services. FedEx Express uses a planetary air-and-ground web to rush bringing of time-sensitive cargos, normally in one to two concern yearss with the bringing clip guaranteed. FedEx Ground focuses in cost-efficient, small-package transportation, offering dependable business-to-business bringing or suited residential service through FedEx place bringing and FedEx Smart Post. FedEx Freight is the supplier of next- and second-day regional, less-than-truckload ( LTL ) cargo services. FedEx Freight is known for first-class ability, dependability and on-time public presentation. FedEx Custom Critical offers the fastest, door-to-door same-day and next-day bringing of critical cargo, valuable points and risky goods. FedEx Trade Networks offers FedEx planetary clients with end-to-end transit and imposts clearance solutions around the world.A FedEx Services organizes gross revenues, selling, information engineering, client service, and world-wide supply concatenation services support for the planetary FedEx trade name. FedEx Office ( once FedEx Kinko s ) offers entree points to printing and transportation services with dependable service when and where you need it. The above broad scope operations help the company to hold a strong clasp in international market because this sort of broad scope of operations will fulfill the demands of the clients. This will do clients to be more reliable to the company. ( FedEx, 2010 ) Global presence: FedEx is a transnational company with its broad scope operations like express, land, cargo, and faster bringing service that deliver over 6.5 million bundles to more than 220 states daily. FedEx besides has 684 aircraft and trips to over 375 airdromes worldwide. It covers US, Europe, Indian Subcontinent and Africa. It works with the subject FedEx delivers to a changing universe . Its gross over 65 % is from international operations. The international operations afford FedEx the gross growing and market place advantage. ( FedEx, 2010 ) Invention: FedEx has strong history of invention put ining computing machines in bringing vehicles, supplying latest mechanization for get offing services and developing tracking capablenesss and package. In the twelvemonth 1979 it became the first transportation company to utilize a computing machine to pull off bundles when it launched COSMOS ( Customers, Operations and Services Master Online System ) , a centralized computing machine system to pull off people, bundles, vehicles and conditions scenarios in existent clip. In 1980 the company implemented DADS ( Digitally Assisted Dispatch System ) to organize on-call pickups for clients ; this system allows clients to schedule pickups for the same twenty-four hours. In 1994, they were the first to offer package-status tracing for better client service via fedex.com.They were Innovative utilizing wireless engineering for transporting from past 25 old ages with the debut of the Digital Assisted Dispatch System ( DADS ) . ( Wikipedia, November 13,2010 ) .To continue this FedEx established the FedEx Innovation Labs, an information engineering undertaking designed to make an ambiance of corporate believing approximately critical engineerings such as advanced optics for scanning, robotics, societal networking and more. Technology and communicating: FedEx continues to research new engineering. That committedness makes the clients loyal to them. They have outstanding communicating with their clients. They use tracking devices on all cargos, and clients can happen out where their cargo is and at what clip they are traveling to have it.This is one of their important strategic capableness. FedEx has announced Sense Aware ( SM ) powered by FedEx, a following coevals, first-of-its-kind information service that combines a GPS detector device and a web-based coaction platform. Invention is one of the of import facets for a transnational company to be competitory in the dynamic international concern environment. ( FedEx, 2010 ) Strong leading: For over past 30 old ages the company is being led by Mr. Frederick W. Smith. Because of his strong leading, dedication and committedness it is one of the top 100 companies in the universe. For a successful company good leading is of import. Business to concern: FedEx chief concern depends on B to B.They hold really good contract with different industries for concern. This twelvemonth they applied for ISO certification to transport medical equipments.This shows how they are truly concentrating on B to B. Failings: Rising monetary values: FedEx has increased their monetary values based on addition in demand, bettering runing border to 5.8 % , more than the pre-recessionary degree of 5.5 % .This is non good for markets like China, Africa and India because everybody can non afford the high monetary value. If they follow economic systems of graduated table in markets like Asia and Africa that will hold a good impact on growing rate of the company. ( FedEx, 2010 ) Labour differences: FedEx announced drastic cuts in wage for most of its U.S. work force. They announced lasting 5 per centum to 10 per centum base salary decreases for all U.S. employees. Because of this labour difference FedEx workers requested for Teamster representation. The Teamsters Union Founded in 1903 and represents more than 1.4 million working work forces and adult females in the United States, Canada and Puerto Rico.This sort of labor differences will botch the repute of the company and besides it affects the concern which in bend will impact the client assurance ( smallcapwatch,2010 ) Opportunities: Strategic confederation: Strategic confederation is a new tendency in international concern universe to accomplish successes factor. FedEx should look for strong confederation in different geographical locations to hold a good market portion internationally. FedEx Trade Networks has established confederation in Israel with taking international cargo Fritz Companies Israel. This confederation will assist the company to supply shippers with expanded international ocean and air cargo services. ( FedEx, July 6, 2010 ) . If they can accomplish this sort of strategic confederation they will accomplish their ends in international market. The strategic confederation will assist them to understand the domestic market of that peculiar location and to move harmonizing to that. Strategic acquisitions: In planetary concern environment you can non merely travel where of all time you want and open a concern unit. This may take you to failure. Strategic acquisitions are some of the of import factors for international concern. FedEx acquired Kinko s Inc. in February 2004. This acquisition helped FedEx in all U.S. locations to offer new or expanded FedEx transportation options for better client handiness. If they can make such sort of strategic acquisitions globally, they will be more successful in their concern in planetary environment. If FedEx can get in different geographical locations a local transit company with good repute background it can be their competitory advantage. ( FedEx, 2010 ) Intensive planetary enlargement: If FedEx can make the same broad scope of concern globally which they are making in U.S. it will hold really good trade name value. To accomplish this FedEx should set about intensive planetary enlargement. All the companies which are jointly working under FedEx Corporation should make planetary enlargement jointly for good consequences. Expansion of e-business: Currently FedEx is utilizing cyberspace for most of its concern. They should maintain happening on-line shopping companies to contract bringing of their merchandises. Now the growing of e-commerce is really fast.Federal Express can bask both net income and trade name name from this sort of enlargement. Menaces: Intensive planetary competition: FedEx is confronting a batch of competition from UPS, DHL and from some domestic companies in different geographical locations, for illustration TNT from Europe. The concern which they are making is easy imitable. Because of this there is a little dip in their entire grosss for past two old ages. Economic and political conditions: The major consideration is Economic growing chances. For past three old ages due to planetary recession the economic growing rate is really low. Due to this the growing rate for FedEx came down to -5 % . ( FedEx, 2010 ) .Next comes the political factors. To accomplish competitory advantage UPS is playing Brown bailout a political fast one on its cardinal rival FedEx. If the U.S. Congress reauthorizes the Federal Aviation Administration so FedEx will confront batch of labor issues which will paralyse their concern. ( Brownbailout, 2009 ) United Parcel Service Inc. , whose political action commission has given more money to federal lawgivers than any other company over two decennaries, is a major donee of statute law before the House that would reauthorize the Federal Aviation Administration. ( Bloomberg, May 21, 2009 ) Fuel monetary value fluctuation: The fuel monetary value fluctuation besides disturbs the concern. Presently the fuel monetary values are non stable. If the monetary values are low so no job, but if the monetary values increases so it will be existent job for the company. The fuel monetary value addition will impact the one-year gross growing. Because whenever the fuel monetary values addition they can non increase their shipment monetary values. FedEx is runing 672 aircrafts and 70,000 motorised vehicles every twenty-four hours ; this will devour batch of fuel. If the fuel monetary value fluctuation is excessively much it will impact the concern. ( BBC intelligence, 20 March, 2008 ) Resources and competencies: Analysis of resources and capablenesss are really of import to place strategic capablenesss of an organisation. Resources are about physical assets and production installations. Competences are the public presentation of the organisation in the activities like bring forthing, selling, presenting and back uping its services. For accomplishing competency, scheme is of import. A scheme trade with what is to be achieved, how it is achieved and for what it is achieved. Strategy should suit between the internal strengths and external chances. That means the organisation s chances should suit between organisations internal resources, capablenesss and chances in the external environment. Strategy helps to place the factors that develop sustainable advantage for an organisation. This will be the nucleus competency for an organisation. Core competencies are the activities and procedures to form resources to derive the competitory advantage for an organisation. This competitory advantage will b e achieved through the strategic capablenesss of an organisation. ( David Boddy ) Figure 3.7 Identifying the organisations chances ( Beginning: Management: David Boddy ) For transnational companies Global scheme is really of import. Global scheme is helpful to spread out the market of an organisation outside its domestic market. The undermentioned figure explains the chances and results of the Global scheme. Figure 3.8 Opportunities and results of international scheme. ( Beginning: Michael A et, Al ) Identifying International chances are the of import facets of international scheme. Then you have to detect the resources and capablenesss to organize international schemes. These can be divided into International concern degree scheme, Multidomestic scheme, Global scheme and multinational scheme. For the successes of these schemes an organisation should look for strong strategic confederations, Acquisitions, New entirely owned subordinate and Exporting ( These are the Modes of Entry for an organisation into international market ) . After successfully pull offing all these and risks the concluding result will be better public presentation. ( Michael A et, Al ) .ub465157e828f544535412880bf991a23 , .ub465157e828f544535412880bf991a23 .postImageUrl , .ub465157e828f544535412880bf991a23 .centered-text-area { min-height: 80px; position: relative; } .ub465157e828f544535412880bf991a23 , .ub465157e828f544535412880bf991a23:hover , .ub465157e828f544535412880bf991a23:visited , .ub465157e828f544535412880bf991a23:active { border:0!important; } .ub465157e828f544535412880bf991a23 .clearfix:after { content: ""; display: table; clear: both; } .ub465157e828f544535412880bf991a23 { 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; } .ub465157e828f544535412880bf991a23:active , .ub465157e828f544535412880bf991a23:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ub465157e828f544535412880bf991a23 .centered-text-area { width: 100%; position: relative ; } .ub465157e828f544535412880bf991a23 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ub465157e828f544535412880bf991a23 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ub465157e828f544535412880bf991a23 .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; } .ub465157e828f544535412880bf991a23:hover .ctaButton { background-color: #34495E!important; } .ub465157e828f544535412880bf991a23 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ub465157e828f544535412880bf991a23 .ub465157e828f544535412880bf991a23-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ub465157e828f544535412880bf991a23:after { content: ""; display: block; clear: both; } READ: Artificial Intelligence Report EssayThe strategic capableness depends on the resources available in an organisation and how they are used. Resources can be divided into three classs. Tangible resources, Intangible resources Unique resources Tangible resources Intangible resources Unique resources Wide scope of operations 672 aircrafts 70,000 motorised vehicles 10 chief air express hubs 275,000 Employees Repute Intellectual capital Invention Technology and communicating Loyal clients Corporate societal responsibilityFigure 3.9 Resources and competences for FedEx FedEx threshold capablenesss: Threshold capablenesss are important elements for FedEx to be competitory in concern environment. These elements can be divided into touchable and intangible resources. The touchable resources of FedEx are broad scope of operations, 672 aircrafts, 70,000 motorised vehicles and 10 chief air express hubs. The intangible resources are 275,000 employees, repute and rational capital. FedEx has 42,000 bead boxes, over 9,000 centres, and 70,000 vehicles for express, land, cargo, and advanced bringing service that deliver over 6.5 million bundles to more than 220 states daily. They are be aftering for planetary enlargement at the rate of 25 % every twelvemonth. This scheme will increase trade name value and loyal clients worldwide. ( FedEx, 2010 ) Intangible resources are hard to be imitated by rivals. For FedEx as mentioned in their vision and mission employees are their most of import assets through which they achieve their concern ends. The Corporate doctrine is briefly stated as people-service-profit. They are the of import component for FedEx trade name value. FedEx capablenesss for competitory advantage: The alone resources are the capablenesss for competitory advantage. Every concern will hold capablenesss to accomplish concern ends. But the capablenesss which give the organisation strong market place and which are rare and can non be imitated by others are the nucleus competences. The strategic capablenesss transfer the nucleus competences into competitory advantages of an organisation. The following are the capablenesss for competitory advantage of FedEx. Invention: FedEx has the first mover advantage for past 30 old ages because of invention. For an organisation invention will be associated with positive alterations in efficiency, productiveness, quality and competitory placement. You perfectly, positively have to innovate-if merely to last. -Fred Smith ( enterpriser, October 9, 2008 ) Invention. . . is by and large understood as the successful debut of a new thing or method. . . Invention is the incarnation, combination, or synthesis of cognition in original, relevant, valued new merchandises, procedures, or services. ( Luecke and Katz 2003 ) Invention is portion of the concern at FedEx. It can be web services or the development of high-technology, FedEx sees invention as a strategic concern pattern that is infinitely improved, developed and encouraged. Technology and communicating: FedEx continues to seek for new engineering. This commitment keeps clients non exchanging to other suppliers. FedEx besides has first-class communicating with their clients. They are utilizing latest online trailing system for all cargos, so that clients can happen out where their cargo is and at what clip it will make. The FedEx trade name is based on velocity and efficiency. So they developed IMS tool to guarantee that all minutess running on the mainframe are being processed rapidly and expeditiously. The new characteristics are the consequence of intensive research into what their clients need and want. They are run intoing the demands of clients with the latest user engineerings. ( IBM, 30 Jun, 2010 ) Loyal clients: Loyalty is created among clients based on A strong trade name name, Pricing fight, Product quality and service satisfaction. The edifice blocks of trueness for FedEx are strong client service, fast customs clearance, clear invoicing, dependable tracking information and quick job handling. A loyal client is one of the competitory advantages for FedEx who will make concern with them once more and merrily urge others. Corporate societal duty: FedEx recognizes that their societal duty is greater than the services they provide.A They are dedicated to be a thoughtful representative for the environment and a caring citizen in the communities where they live and work. They are passionate about sustainably linking people and topographic points and bettering the quality of life around the universe. Philanthropy: FedEx is devoted to energetically back uping the communities they serve, through strategic investing of their people, resources and web. Their corporate resources include fiscal parts, charitable transportation services and voluntary services by their squad members. They have three nucleus focal point countries and meaningful ways: Emergency and Disaster Relief, Child Pedestrian Safety, and Environmental Sustainability. By making this they will hold good image in public which in bend addition the trade name value. ( FedEx, 2010 ) Environment: FedEx is dedicated to supplying planetary web with minimized environmental impact. FedEx is chiefly concentrating on Fuel efficiency, utilizing recycling stuff and cut downing noise pollution. As portion of its Fuel Sense plan, FedEx uses strict operations and recent promotions in aircraft engineering to significantly cut down emanations and fuel usage for their aircrafts. They are working with the International Air Transport Association ( IATA ) to measure their fuel usage and place possible nest eggs. They started replacing their trucks with intercrossed electric trucks and Boeing 727 aircraft with Boeing 757 which will cut down fuel ingestion up to 36 per centum while supplying 20 per centum more capacity. FedEx has started utilizing recycling stuff for their packaging to minimise the environmental impact. FedEx is concerned with aircraft noise and has taken stairss to cut down noise degrees for more than 10 old ages. As portion of its planetary environmental sustainability plan, FedEx empowers its squad members to do meaningful earth-friendly alterations in the communities where they live and work. ( CNBC intelligence, Nov 15, 2010 ) Employees: FedEx is much concerned about the civilization of service which is perfectly, positively spirit of employees. This builds client trueness. FedEx has been honored as one of the Fortune 100 Best Companies to Work For list in 10 of the past 11 old ages and was named to the Fortune 100 Best Companies to Work For Hall of Fame in 2005. ( FedEx, 2010 ) Critical success factors analysis: FedEx critical success factors can be identified as velocity and efficiency, invention and planetary enlargement. Speed and efficiency Invention Global enlargement FedEx CSF Figure 3.7 CSF of FedEx Speed and efficiency: Speed and efficiency is one of the critical success factors for FedEx. For a planetary transit company velocity and efficiency is really of import for competitory advantage. For FedEx this is systematically traveling on for more than 30 old ages. This is go oning with the aid of dependable and dedicated squad work of FedEx employees. For today s altering life manner, people want everything to go on really fast. For little concerns time-definite bundle bringings are of import for their concern growing. FedEx is making this with convenience and dependability. For FedEx velocity and efficiency with consistence making loyal clients. This velocity and efficiency helped FedEx to turn globally within a short clip. It besides added value to the trade name. Invention: As I discussed in SWOT analysis invention is making foremost mover advantage for the company. FedEx established the FedEx Innovation Labs, an information engineering undertaking designed to make an ambiance of corporate believing approximately critical engineerings such as advanced optics for scanning, robotics, societal networking and more. They besides developed the IMS tool which helps them to guarantee that all minutess running on the mainframe are being processed rapidly and expeditiously. The new characteristics are the consequence of intensive research into what their clients need and want. They are run intoing the demands of clients with the latest user engineerings. To achieve competitory advantage concentrating on invention is cardinal factor. Global enlargement: FedEx is making concern in more than 220 states. They are be aftering for intensive planetary enlargement. They are working on subject, where of all time people are at that place we are traveling to make them . Before come ining into a new geographical country they are analysing resources, capablenesss and civilization of the community, which helps to accommodate harmonizing to the demands of that community. Findingss and decisions: Harmonizing to my decision there are many facets which should be considered for the successes of FedEx harmonizing to the above analysis. But the nucleus competencies to make chances in new spheres are Innovation, trueness, Technology and communicating, velocity and efficiency. Invention: For an organisation invention will be associated with positive alterations in efficiency, productiveness, quality and competitory placement. Invention is portion of the concern at FedEx. This invention started with Frederick W. Smith the CEO of FedEx more than 30 old ages back with his advanced thought to make universe s fastest messenger service to acquire exigency bundles with in two days.A Innovation is one of the of import necessities for a transnational company to be competitory in the dynamic international concern environment. Invention is of import to accomplish new merchandise potency which creates new competition to the rivals. FedEx has the first mover advantage for past 30 old ages because of invention. Loyalty: They manage their operations, fundss and services integrated with honestness, efficiency and dependability. Clarity, committedness and communicating help them to be honest, efficient and dependable in their work. This creates client assurance. This in bend creates loyal clients to the company. Technology and communications: FedEx has their ain engineering development units in each operational section to carry through the demands of their clients. FedEx continues to seek for new engineering. This commitment keeps clients non exchanging to other suppliers. FedEx besides has first-class communicating with their clients. They are utilizing latest online trailing system for all cargos, so that clients can happen out where their cargo is and at what clip it will make. This lucidity makes the clients to be more dependable on FedEx. Speed and efficiency: The FedEx trade name is based on velocity and efficiency. For today s altering life manner, people want everything to go on really fast. For little concerns, time-definite bundle bringings are of import for their concern growing. FedEx is making this with convenience and dependability. For FedEx velocity and efficiency making loyal clients. This velocity and efficiency helped FedEx to turn globally within a short clip. It besides added value to the trade name. Recommendations: FedEx is largely concentrating on U.S.domestic market. If they can concentrate more on emerging markets like India and China they will accomplish enormous growing. UPS is their toughest rival in domestic market every bit good as international market.UPS is playing a political game against FedEx. If UPS wins that political game ( Brown bailout ) so FedEx will be in large problem. This is because FedEx wants to happen cutoffs to get away labour regulations in U.S. FedEx can get the better of such jobs by following proper labor regulations. Employees are the anchors for an organisation. So to accomplish competitory advantage, employee s satisfaction is necessary. Then if they can follow economic systems of graduated table in emerging markets like India and China their entire gross will increase relatively. By sing the above arguments the followers are the recommendations for the FedEx Corporation to make chances in new spheres. Concentrating on emerging markets like India and China. Following labor regulations. This will make self-respect in public and employee satisfaction. This employee satisfaction creates regard and assurance in employees which in bend help the company to turn. Adopting economic systems of graduated table in emerging markets like India and China.

A Piece On Wanting to Take Credit

A Piece On Wanting to Take Credit Publishing is hard. No doubt about it. But sometimes authors get so caught up in the publishing aspect of the profession that we forget the reader doesnt give a darn how the book was made, researched, written, published, or promoted. The point is for a reader to find a good story and feel that it is theirs. Theyve allowed this story into their life, committed hours and days to reading it, in hope that its memorable enough to improve their quality of existence. As a minimum, provide a wonderful experience to remember . . . hopefully a book to recommend to others. While this may sound weird to you, after infusing so much time and effort into the story, the end game is not to get credit for the book. Its to give the world a great story experience. â€Å"It is amazing what you can accomplish if you do not care who gets the credit.†Ã‚  ~Harry Truman For instance, books that Ill usually pass up, are  promoted  as: 1) free 2) cheap 3) self-published 4) five years in the making (or other number) 5) an authors greatest achievement 6) a great first book Books Ill give a second glance at, are promoted as: 1) a great story about 2) an award-winning story about 3) a poignant story about 4) recommended 5) a wonderful beach read, I want the author to care that I have a great time reading. I want the author to promise me a treat for investing my time. I want the author to make my life better. This is why we write. To fulfill a promise to the reader. To know even one life has breathed easier because you have lived. This is to have succeeded.   Ralph Waldo Emerson

Silent dancing by judith ortiz cofer Essay Example | Topics and Well Written Essays - 2000 words

Silent dancing by judith ortiz cofer - Essay Example It was during this time that her father moved to the States. He got assigned to duty on a ship in Brooklyn yard. She narrates on how her father moved to the United States, and Brooklyn became his permanent home base until his retirement. This happens more than twenty years later. He went and tracked his uncle who stayed in New Jersey, and that is where he found an apartment which hosted Jewish families. A year later they followed their dad when her mother was still twenty years old (Starvans 12). The narrative then moves from the past to the present when she enters into a living room. The room is filled with people dressed up; the men had dark suits and the women had red dresses. She is here for a party where her cousin had bought a camera, and they wanted to make a movie. At the place, she meets a lot of people originating from Puerto Rico. There, she finds traditional food like kidney beans, and she felt surrounded by her language. The narrator then moves to the future where she se es herself being a secretary for a prominent lawyer as she could type the fastest in her class. She sees herself getting married to an American and doing away with the outdated Puerto Rican culture and belief system. The narrative continues in the same manner where she continues to have memories about the past and narrates about how it was like when they used to have their Christmas. The narrative moves to the present where she narrates about her future plans again. This sequence goes on till the end of the narrative as it keeps on shifting from present to past to future. Ortiz also uses the projection technique where she projects her future in a manner that makes it seem so real and certain. She projects herself and sees herself being a secretary of a lawyer because she was the fastest in typing. She projects her cousin’s girlfriend to being a good wife from the way she sat on the couch and the way she got dressed. Ortiz narrates that her cousin’s girlfriend had wore a full skirt dress, which she had tacked around her carefully. She sat on the couch formally, and her dress got pulled over and past her knees. These qualities project the girl as a humble future wife. Also, when she approached the camera she faced down as she was supposed to by her culture; this shows her humility in her actions hence depicting her as a humble future wife for her cousin. Ortiz projects herself to be an independent American girl and not a naive cultured girl from Puerto Rico. She sees herself marrying her American boyfriend whom she sneaks out on some nights to be with him. Ortiz narrates how she will have an American name, and she is so sure of it (Starvans 134). The narrative also employs the technique of different time frame and structure. The narrative moves the reader from present to past and present to the future and vice versa. The narrative begins with the narrator telling about her past, she remembers about her life when she was young in Puerto Rico. She re members about the birth of her brother and how her father moved to the United States as a navy officer. She then narrates how they moved with their mother to follow her dad in the U.S. She remembers how the dad struggled to make them adopt and become assimilated into the American culture (Starvans 101). She narrates how her dad had a difficult time in getting a house because of his origin. She remembers of their life in their first house and how the heater pipes rattled and made a lot

Tourism and Hospitality Promotion Essay Example | Topics and Well Written Essays - 1000 words

Tourism and Hospitality Promotion - Essay Example Easyjet follows certain value systems for the purpose of objective setting strategy. This includes designing and maintaining the highest safety standards for its customers, breaking the shackles of traditional methods of thinking and find innovative ways and means to attract new customers, providing services that transcend the expectations of the travelers, converting newer customers into long term customers by providing customer satisfaction and best service possible, focusing on a double-digit growth rate in future years, enhancing capacity utilization, reducing fixed cost, providing the highest quality resorts thereby helping the customers to gain the best experience possible which will in turn bring profits. (About easyJet, n.d.) PEST Analysis of Easy Jet: Political-legal factors: The Political legal factors affecting the Easyjet include the political unrest and war signal in the Middle East. The Air Miles scheme is not recognized by the government as taxable perk in the same way s as tax is levied on company cars, which may help the Easyjet to contend on the same base with that of British Airlines. Engagement with the EU market gives them the widest network access. Economic factors: Increasing fuel costs, legal and environmental regulations and possibility of higher security along with insurance costs increases the risk for terrorism. Globalization helps the traffic to grow in longer term, the introduction of a single currency helps in boosting the business with the whole of Europe getting integrated. Socio-cultural factors: General reluctance in using credit cards seems to be the concern for attracting French and German travelers. Customers being more comfortable with cheaper flights get angry when they have to pay a premium to actual cost for a particular time of flying. Technological issues: The major issue is how much the application of Internet has synergized the cost and distribution resulted from integration of the industry causing reduction in the u pward rise in price. (Geiger, Schlottke & Schrade 2009) Porter’s model: Bargaining Power of Suppliers: Only two suppliers Airbus and Boeing provide aircrafts and face stiff competition. This helps the Easyjet to buy aircrafts at cheaper price. However the switching cost to another supplier is also very high. Bargaining power of customers: The price bargaining power of the customers is very high for Easyjet. With so many other LCCs in the market it becomes important for Easyjet to provide economical price to retain customers. Threat of New Entrants: There is a huge capital investment required upfront in the airline industry. Moreover higher efficiency is required to maintain sustainability. Moreover with so much air carriers, the introduction of a new one creates high competition facilitating price war. Threat of Substitutes: The main objective for Low cost Airlines includes faster and cheaper travel. Moreover the whole of Europe is connected with well-networked extensive trai n system, which provides transportation at a cheaper cost. So there is a definite threat for Easy jet in this regard. Rivalry among competitors: Easy jet faces huge competition among its competitors, as there is an intense competition to maintain cheaper airfare and providing better customer services. (Geiger, Schlottke & Schrade, 2009, pp. 2-4) SWOT Analysis: SWOT Team (2007) Strength: The overall cost-leadership model, the

Florida Shrimp Industry Analysis Essay Example for Free

Florida Shrimp Industry Analysis Essay What if it were logical and profitable to merge two of the fastest growing shrimp industries in the United States today? That is exactly the idea behind â€Å"bait shrimp production†, the latest development in the combined evolution of the valuable live bait shrimp industry and the continual growth arena of aquaculture. Farm-raised bait shrimp is a very appropriate combination of the two businesses; both have a historical development in Florida for over forty years. Florida has been proclaimed the â€Å"Fishing Capital of the World† with its 1,197 statute miles of coastline hosting 3. 4 million anglers annually. The statistics regarding the recreational fishing industry in Florida are astounding. The Florida Fish and Wildlife Conservation Commission (FWC) reports: †¢The economic value of recreational fishing to Florida is $7.0 billion and supports 75,000 jobs. †¢Recreational fishing is the second largest sports industry in Florida with over 700 world-record fish caught. Live bait shrimp is the nucleus around which evolves Florida’s saltwater sport and recreational fishing. It is the preferred bait for fishing near shore species such as snook, sea trout, redfish, snapper, cobia and mackerel. The business of catching and supplying live bait shrimp began with a few individuals supplying themselves, and a few bait shops in the 1950’s to becoming a multi-million dollar industry with exports throughout the Southeast United States. This growth is a testimony to the pre-eminence of shrimp as the most popular live bait among saltwater anglers in Southeast United States. The message is clear the recreational/sport fishing industry and live bait shrimp are well established in Florida. And their popularity is growing amongst the14 million people (75% living within 10 miles of the coast) and the 40 million tourists who visit each year. Commercial fishermen currently supplying 100% of the bait shrimp market experiences regulatory restrictions, seasonal declines in wild stocks, and unreliable labor causing unpredictable shortages and as such are unable to meet the increase in the market demands. The FWC and Florida Department of Agriculture and Consumer service reports: †¢As the tourist and recreational fishing industry continues to increase in Florida so will the bait shrimp business. †¢Fishermen love to use live bait shrimp and retailers are always running out of bait before they run out of customers. †¢The retailer wants consistent deliveries of bait shrimp in numbers that will keep the customers walking through the door of their shop †¢Although the fishing effort has increased 50% over the past ten years, the live bait harvesters cannot meet the market demands. This increase in demand without an increase in supplies has resulted in an extremely high dollar value of live bait. This increase in demand, low supply and high dollar value has attracted the attention of shrimp producers. Now for the other half of the combination shrimp aquaculture. As the demand for live bait shrimp has expanded without an increase in supplies, the inevitable has begun to take place culturing Florida’s endemic penaeids for bait size shrimp using hatchery and production technologies developed for other economically important penaeids. Wholesale distributors cannot get adequate supply of bait shrimp certain times; retailers are forced to accept inaccurate counts and variable sizes of wild bait, which they will loose almost 30% in mortalities during the course of the day. Retailers cannot consistently provide the customer with the desired size and often sell â€Å"mixes†. Fishermen are reliant on the seasonal migration, molting periods and life cycles of the natural population; as such they cannot guarantee quality or volume. Shrimp spawn in April/May releasing eggs that move with the tides and currents into estuaries, where they spend their postlarval and juvenile stages before migrating back to deeper waters. Bait size shrimp are virtually impossible to harvest in June, July, and August due to this natural life cycle; and are in short supply September through December. It is the winter months January through April that suppliers, wholesalers and retailers can experience marketable size bait shrimp. However, even during this time period, harvesting of small animals causes immediate stress and holding them in â€Å"live† haul tanks for long distance deliveries results in high mortalities. Enter the growth industry, Aquaculture, dedicated to providing consumers what they need – healthy, quality seafood and aquatic products at market prices. The inability of the fishermen to provide year round live bait shrimp, there is a significant gap supplies. From this lack of product will grow the combination of live bait shrimp and aquaculture— Live Bait, Inc. Live Bait, Inc. will produce bait shrimp is at high densities in enclosed facilities equipped with multi-phase, recirculating systems. Bait size shrimp will be cultured to three variable sizes, (8,10, and 12 grams) to provide the retailer with desired â€Å"mixes†. Bait shrimp production facilities, unlike shrimp boats, can be located through out Florida in high value areas that support a large volume of recreational fishing and tourism. Live Bait, Inc. will focus on providing existing market channels with high quality bait at market prices, in a consistent and reliable manner through out the year. The first bait shrimp production facility is said to have been an offshoot of a Texas AM project developing production systems for Gulf of Mexico endemic shrimp. The species of choice for this area are brown shrimp (F. aztecus) and it is believed that the company, although small scale, Lone Star Fishery, is experiencing continued success. There is a tremendous interest amongst fishermen and wholesale dealers in developing culture systems for bait shrimp. However, once they realize the capital investment and risk involved, they become interested in buying from Live Bait, Inc. The market for live bait shrimp is continuing to grow, especially during the summer when local residents and tourists target inshore species. This year-round demand, unreliable supplies and high dollar value ensures a continued market for this commodity. Industry Participants There are several groups of industry participants, which must come together in order for Live Bait, Inc. to function well. 1.Wholesale Dealers. Everything begins and ends with this customer. Wholesale distributors have established marketing channels and will be buying directly from the production centers. Each production center must first identify the base of the wholesaler from which the high volume, high value business will be drawn. Their attitudes, needs and abilities must be the genesis of each decision in designing the size and location of production facilities. 2.The Nuclear Breeding Center. For long-term sustainable production and the Florida Department of Aquaculture’s support and sanctions; it is imperative that a breeding program for F. duorarum be established from the beginning. Experience has proven the necessity of SPF stocks in minimizing the incidents of diseases and animal stress from high density, mass production. 3.. For Live Bait, Inc to produce, cost-effective, quality bait shrimp it needs outstanding seedstock. Large numbers of seedstock at affordable prices will needed, on a weekly basis in order to maintain the sequential stocking required by multi-phase systems. 4.Management/Production Team. This is the triangulation point where it all comes together. The team must identify the best locations; design the most cost effective facilities and production systems, produce shrimp using state-of-the-science technologies to provide high quality bait shrimp available for daily pickup. Who are the individuals or groups that are likely customers of farm raised live bait shrimp? Fortunately, there are some marketing surveys that have been conducted Florida state agencies, the US Department of Commerce and Mariculture, Inc. that can provide some answers even in this new concept. The target market for Live Bait, Inc. is the wholesale dealer/distributor, who currently is supplied 100% by the bait shrimp fishery. Currently, wholesale dealers either buy dockside from shrimpers and/or they use their own boats. As such they are located within close proximities of bait shrimping boats and not necessarily in the high value tourist areas. Each GLB’s locations will develop its facility, production numbers, sizes and services around the target audience –wholesalers. GLB will target several distinct groups: 1.Wholesalers, which fit the basic demographic characteristics of supplying retailers from great distances. These will be wholesalers who either buy dockside from shrimpers and/or they use their own boats. As such they are located within close proximities of bait shrimping boats, which are in five major regions: Hernando (Citrus, Hernando, Pasco, Pinellas and Manatee) with 47% of total bait shrimp landings; Pine Island (Lee County) with 33% of total bait shrimp landings, Biscayne Bay (Dade and Monroe Counties) with 18% of total bait shrimp landings and Jacksonville (Fernandina Beach) with 2% total bait shrimp landings. Wholesalers will truck live bait shrimp 220 miles from Homosassa to Naples or from Miami, which is 107 miles. Wholesalers from these regions supplying the North-Central East Coast, the Keys and Panhandle will be targeted. 2.Wholesalers who supply retailers dealing in large volumes. For example marinas that sell 275,000 – 300,000 or more bait per day during the winter months and 65,000 – 80,000 per day during the summer months. Volume in these areas severely restricted due short supplies and distance from suppliers. Retailers claim they could sell up to 300% more, if the supply were available. Wholesalers supplying large marinas, high-end fishing piers located in metropolitan areas, and retail bait/tackle stores that promote popular sport fishing tournaments will be targeted. 3.Wholesalers who supply high dollar bait to retailers located in areas support high value recreational/sport fishing and tourism. Wholesale prices for live bait vary considerably with location. For example prices in Pine Island will run $30/1,000 shrimp while in Marco Island and Naples, which is just south of Pine Island, will have prices up to $70/1,000. Wholesalers who supply retailers who are willing to pay the higher market price will be targeted. 4. Wholesalers who are receptive of farm-raised bait and will promote the product among retailers. Currently, an overwhelming majority of retailers accept the idea of farm-raised bait. Most are willing to pay between 50-100% above current prices for farm raised bait as long as the supply is consistent and reliable. Wholesalers who are willing to promote our product, pay premium prices for premium farm raised bait shrimp will be targeted. 5.Wholesalers who are either currently exporting to neighboring states, or who would like to export to other states. Florida Bait shrimp wholesalers export live bait nine months out of the year to different neighboring states. Currently they supply 60% of the Alabama Market, 20% of the South Carolina and 50% of the Georgia market. Wholesalers exporting to other states will be targeted. 6.Bait Brokers dealing in frozen bait are currently importing small frozen shrimp that are severely damaged from outside the United States. The shrimp exotic species, which may or may not be infected with viral diseases. These brokers currently cannot meet the needs of their large contracts such as those with Wal-Mart and Publix. Process them, as most of the brokers also have processing plants. 7.Wholesalers who are supplying retailers whose customers would prefer farm raised bait over wild bait for ecological and environmental reasons. These six primary target groups provide fertile ground for GLB to become a profitable operation within the first year of production. In fact, GLB will become the top producer of farm-raised bait for Florida and the entire southeast coastal corridors. Live Bait, Inc. production centers will be established in key locations through out Florida. The marinas, retail bait shops, bait and tackle shops within a thirty-mile radius will match the demographic target profile – high volume, high market price, pro-farm raised bait, easy assess to interstate highways and are being supplied by wholesalers from great distances. A marketing survey conducted by the Florida Department of Agriculture and Consumer Service’s, Bureau of Seafood and Aquaculture Marketing has documented annual landings (harvests), volumes of bait sold by retailers, wholesale/retail prices, peak seasonal demands and months of supply shortages. Major harvesting areas are divided Hernando Regions (Citrus, Hernando, Pasco, Pinellas and Manatee) with 47% of total bait shrimp landings; Pine Island (Lee County) with 33% of total bait shrimp landings, Biscayne Bay (Dade and Monroe Counties) with 18% of total bait shrimp landings and Jacksonville (Fernandina Beach) with 2% total bait shrimp landings. Annual Landings report to Florida’s Fish and Wildlife Conservation Commission by licensed bait shrimpers in 2000 was 2.46 million pounds (246 million bait size shrimp using a 100/1b count). This is 50% above the reported landings for 1991 of 1.23 million pounds 123 million bait size shrimp using a 100/lb count). Fishery managers feel the harvest numbers are under-reported on trip tickets. And since live bait shrimp is a cash industry sales are not accurately reported. Also not all shrimp caught as live bait is sold as live bait, there are high mortality rates associated with harvesting, holding and transporting. Larger shrimp will often be culled and sold as food. It is likely that the farm production needed to supply current markets will have to be 50% above reported landings to approximately 3.69 million pounds (369 million bait size shrimp using a 100/lb count).

Effects of Absent Fathers on Adolescents Essay -- Social Issues, Divor

The role of the father, a male figure in a child’s life is a very crucial role that has been diminishing over the years. An absent father can be defined in two ways; the father is physically not present, or the father is physically present, but emotionally present. To an adolescent, a father is an idolized figure, someone they look up to (Feud, 1921), thus when such a figure is an absent one, it can and will negatively affect a child’s development. Many of the problems we face in society today, such as crime and delinquency, poor academic achievement, divorce, drug use, early pregnancy and sexual activity can be attributed to fathers being absent during adolescent development (Popenoe, 1996; Whitehead, 1993). The percentage of adolescents growing up fatherless has risen from 17% to 36% in just three decades between 1960 and 1990 (Popenoe, 1996). Dr. Popenoe estimates this number will increase to approximately 50% by the turn of the century (Popenoe, 1996). The US Census Bureau reported out of population of 24 million children, 1 out 3 live in a home without a father (US Census Bureau, 2009). The role of a father is more than just another parent at home (Popenoe, 1996). Having a father, the male biological parent in a child’s life is important because it brings a different type of parenting that cannot be replicated by anyone else (Stanton, 2010). Fathers who are present and active in a child’s life provide great benefits to a developing child (Popenoe, 1996). Having a father brings a different kind of love. The love of the father is more expectant and instrumental, different from the love of a mother (Stanton, as cited in Pruett, 1987). The effect of an absent father can be quite devastating to the developing ad... ...istics, 1999). McBride, Brent A., Sara K., Sullivan, and Ho-Ho (2005) reported about the achievement levels in a adolescent who grows up with a father, â€Å"A study of 1330 children from the PSID showed that fathers who are involved on a personal level with their child schooling increases the likelihood of their child's achievement. When fathers assume a positive role in their child's education, students feel a positive impact.† (p. 201-216). Children who do not grow up in a two parent homes, are more likely to fail and repeat a grade in school. It is also important to note that children who grow up in single parent families are less likely to have parents involved with the school, 62% of children with two parent homes have parents that are involved in school, while children from single parent homes have half of them involved in school (Nord, Winquist, West, 2001).

John Locke -Philosophy Essay Essay

â€Å"The end of law is not to abolish or restrain, but to preserve and enlarge freedom. For in all the states of created beings capable of law, where there is no law, there is no freedom† – John Locke. What I feel that John Locke is attempting to express in his quote is that society believes that by having laws in place the government is taking away from the freedom they long to endure. However, by having laws in place it actually helps to enforce their rights to freedom. I chose John Locke as my topic for my final paper because I have taken an interest in the life he led, his inspirations and his role in politics. John Locke was the first of the classical British empiricists. Empiricists believed that all knowledge derives from experience. He became highly influential to the political world, inspiring government representatives such as Thomas Jefferson, Thomas Paine and James Madison. Locke expressed the radical view that government is morally obliged to serve people by protecting life, liberty and property (n. a, n. d). He explained the principle of checks and balances in order to limit the power of government. He also favored representative government and rule of law. Locke insisted that when government violates individual rights, the people have a right to rebel. His views on individual rights, life, happiness and politics led Locke to become known as the 17th century English Philosopher of the enlightenment. John Locke was born August 29, 1632, in Somerset, England. He was the oldest son of Agnes Keene and John Locke. His father was a Puritan lawyer who served as a clerk for justices of the peace (n. a. , n. d). With the assistance of his father’s connections to the English government, Locke received an exceptional education. In 1647 he enrolled at Westminster School in London, where he earned his distinct honor of being named a King’s Scholar. This was a privilege that went to only select number of boys and set the path for Locke to attend Christ Church, Oxford in 1652 (n. a. , n. d). Christ Church is considered the most prestigious school in Oxford. During this educational time period, Locke engaged in logic and metaphysics. He graduated from Christ Church in 1656 and returned two years later to pursue a Masters of the Arts. This accomplishment soon led to Locke taking on tutorial work at the college. In 1668 Locke was elected a fellow of the Royal Society. The Royal Society is a fellowship of the world’s most eminent scientist and is the oldest scientific academy in continuous existence (n. a. ,n. d. ). Locke then went on to study philosophy and medicine at the University of Oxford and graduated in 1674 with a bachelor’s of medicine. Locke did not want to commit his life to a religious order and therefore turned down a permanent teaching position from Oxford. This opened the doors to an opportunity serving as a private physician and secretary to Anthony Ashley Cooper, the Earl of Shaftesbury (Kermerling, 2011). During the summer of 1666, Anthony Ashley Cooper visited Oxford where he met Locke who was at the time studying medicine. Cooper, who was suffering from a liver cyst which threatened to become swollen and infected, requested that Locke be his personal physician. Locke accepted and soon moved into a room at the Cooper’s Exeter House mansion in Westminster, London. Cooper’s condition worsened and Locke was in a position of opportunity to heal the Earl successfully. In 1668, Locke supervised a successfully surgery and save the life of Anthony Ashley Cooper, the Earl of Shaftesbury. This honorable act led Locke to become a valued partner of Shaftesbury. After Shaftesbury stature grew, so did Locke’s responsibilities. He assisted in the Earl’s business and political matters and after Shaftsbury was made chancellor, Locke became his secretary of presentations. Locke was involved in just about everything that Shaftsbury did. This included the formation of the Whig party. The Whig party was a political group which consisted of politicians from America, England and Scotland who opposed King Charles I of England. Locke maintained correspondence with the party to assist with influencing Parliamentary elections. Shaftsbury was imprisoned for a year and on his release he helped pass the Habeas Corpus Act in 1679 which made it unlawful for government to detain a person without filing formal charges. The act also specified that an individual could not be put on trial for the same charge more than once (n. a. ,n. d). Shaftesbury was a strong influence to John Locke and helped pave his way for future success through experience – Empiricist. During the reign of King Charles II it was illegal to write, read or have books in one’s possession that pertained to any negative press against the government. Although it was risky, Locke continued his mission. He wrote about his experience with political actions. One treatise attached a claim that the Bible sanctioned tyrants and that parents had absolute authority over children. A second treatise presented an epic case for liberty and the right of people to rebel against tyrants. He pushed to a radical conclusion which attacked slavery and a defense of revolution (n. a. , n. d. ). Locke fled to Rotterdam on September 7, 1683 to avoid legal action (n. a. , n. d. ). The English government tried to have Locke extradited for trial and possible hanging. Lock fled to London and assumed the name â€Å"Dr. van der Linden. † He signed letters as â€Å"Lamy† or â€Å"Dr. Lynne† (n. a. ,n. d. ). Locke assumed that the government would intercept mail, so he protected friends by referring to them with numbers or false names. His excuse to friends for moving to Holland was that he enjoyed the local beer. In Holland, Locke began to work on his philosophical masterpiece, An Essay Concerning Human Understanding which urged people to base their convictions on observation and reason. His argument was that all ideas, simple or complex, are ultimately derived from experience. He challenged the traditional doctrine that learning consisted entirely of reading ancient texts and absorbing religious dogmas (n.a. , n. d. ). He maintained that understanding that the world required observation. The essay was published in December 1689, and established Locke as England’s leading philosopher. In the essay, Locke states the nature of his proposed doctrine: â€Å"Let us then suppose the mind to be, as we say, white paper, void of all characters, without any ideas: – How comes it to be furnished? Whenced comes it by that vast store which the busy and boundless fancy of man has painted on it with almost endless variety? Whence has it all the materials of reason and knowledge? To this I answer, in one word, from experience. In that all our knowledge is founded. (Valasquez, 2011)† The book became one of the most widely reprinted and influential works on philosophy. It brought great fame for Locke. So much, that he spent the rest of his life responding to admirers and critics by making revisions in later editions of the book, including detailed accounts of human volition and moral freedom. Locke also published Two Treatise of Civil Government. These writings were published anonymously in order to avoid controversy. The First Treatise is a detailed rejection of the monarchist theories of Robert Filmer. Locke attacked Filmer’s claim that God sanctioned the absolute power of kings. During this time period, such an attack was risky since it could easily be prosecuted as an attack on the King Charles II. The Second Treatise of Government offers a systematic account of the foundations of political obligation. The views expressed within this treatise were so radical that he only released his name as publisher in his will. Locke’s writings did much to inspire the libertarian ideals of the American Revolution. This, in turn, set an example which inspired people throughout Europe, Latin America and Asia. Locke’s philosophy had a great effect on American’s as well. Thomas Jefferson ranked Locke as the most important thinkers on liberty. He also helped inspire Thomas Paine’s radical ideas about revolution. James Madison drew most of his fundamental principles of liberty and government from Locke’s writings. John Locke’s writings were also included in the self-education of Benjamin Franklin. John Adam’s believed that both girls and boys should learn about Locke. Locke’s influence even traveled to France where the French philosopher Voltaire called, â€Å"Locke the man of the greatest wisdom. What he has not seen clearly, I despair of ever seeing† (n. a. , n. d. ). Mathematician and physicist Isaac Newton cherished his company. Locke helped William Penn restore his good name when he was political fugitive, just as Penn had arranged a pardon for Locke when he had been a political fugitive. Locke was described by the famous English physician Dr. Thomas Sydenham as â€Å"a man whom, in the acuteness of his intellect, in the steadiness of his judgment, in the simplicity, that is, in the excellence of his manners, I confidently declare to have, amongst the men of our time, few equals and no superiors.(n. a. , n. d. ). It is astonishing that Locke’s work has affected so many people around the world. He was an undistinguished Oxford scholar. He had a brief experience with a failed diplomatic mission. He was a physician who lacked traditional credentials and had only one patient. His first major work was not published until the age of 57. All of this and he is still one of the leading philosophers of all time. In 1691, John Locke is invited to spend his last years with friends Francis and Damaris Masham. Damaris is also a philosopher and is believed to have been romantically involved with Locke during their study years at Oxford. When Locke left for Holland, Damaris was to visit; however it did not work out and she married Francis Masham (Uzgalis, 2012). During his stay with the Masham’s Locke tutored their son Francis, here he begins to work on his treaties Thoughts Concerning Education. Locke’s health gradually began to worsen. He lost most of his hearing and his legs began to swell. He could barely bring himself to rise from bed. Around 3:00 in the afternoon, Saturday, October 28, 1704 he passed away (n. a, n. d. ). He was sitting in his study with Lady Marsham. Suddenly, he brought his hands to his face, shut his eyes and died. He was 72 years old. Locke’s focus has primarily been based upon the ideas of freedom and equality as a whole. He believed that citizens should naturally possess the right to life, liberty and happiness, which is portrayed in the constitution of the United States. These undisputable rights or natural rights have derived from the law of nature. The law of nature is a state that relies purely on the law of God, which is also known as moral law. This law gave people the natural right to life, liberty, and happiness without question. In addition, Locke believed that people also possess the basic right of self-defense if under attack. However, Locke’s key aspect of his theories was the basic idea of equality. He said that nobody has the right to rule and that consent is critical because it’s based on the premises that all people are equal (Uzgalis, 2012). John Locke is still very much known as a political philosopher in today’s modern society. Because much of Locke’s philosophy centered on subjects such as natural rights and knowledge, he has in-turn shaped American politics in such a way that it has never been the same. Locke has challenged many theories that have to do with inalienable rights as a part of natural law; therefore he had much to do with the involvement in the evolution of the American Government. He taught that, men by nature possess certain rights. He had a tremendous influence on all future political thinking. A clear representation of his involvement is portrayed in the declaration of independence. John Locke was, and will always be remembered as a pioneer in modern thinking.