Essay about Bus 499 - 1941 Words

Nike Inc. BUS 499 Strayer University Identify the company’s mission, vision, and primary stakeholders. Nike was founded by Bill Bowerman and Phil Knight. The two men met when Bowerman was coaching track and field at the University of Oregon and Knight was a middle distance runner on his team. After earning an MBA from Standford, Knight returned to Oregon and approached Bowerman with an idea to bring in low priced, high-tech athletic shoes from Japan to compete in the United States athletic shoe market. With a handshake and a five hundred dollar investment by both men, Blue Ribbon Sports was born in 1964. BRS began importing shoes from Onitsuka Tiger, with Knight making sales at high school track meets and Bowerman†¦show more content†¦The largest single apparel factory Nike has contracted with accounted for approximately 7% of total fiscal 2011 apparel production (Nike Annual Report). Producing product overseas puts Nike at risk of overseas sourcing, manufacturing, and financing. Nike buys and sells to different countries using different currencies. The currency rate fluctuates very often and Nike, at times could take a loss. This is a risk most companies cannot take. Nike has the ability to produce materials, import product and sell product in international market during a time of disease outbreaks, terrorist attacks, and military conflict. With these risks there are few companies who can afford to take these risks (aflorzak.com). This also proves no new threat for Nike. Threat of substitute product is any company can make an athletic shoe. Puma, Adidas, and Reebok all produce athletic shoes and apparel. These companies are Nike’s top competitors. They try to develop alternative brands to eliminate Nike from the market. Nikes utilizes trademarks on nearly all of their products and believe having distinctive marks that are readily identifiable is an important factor in creating a market for their goods. Nike identifies their brands and the company distinguishes their goods from the goods of others. Nike considers NIKE ® and Swoosh Design ® trademarks to be among their most valuableShow MoreRelatedBus 4991670 Words   |  7 PagesBUS 499 The Learning and Growth Perspective, Module 4 Session Long Project Dr. William Muraco As one of the four perspectives of the Balanced Scorecard, the Learning Growth perspective focuses on how the organization must learn and innovate in order to achieve the set goals. It is the root of the balanced scorecard and requires nutrients to grow. It develops intellectual capital and empowers employees as part of the relationship to the vision and strategy portion of the BSC. LearningRead MoreBUS 499 Essay710 Words   |  3 Pagesï » ¿ TUI UNIVERSITY NAME BUS499 MODULE #1 SLP 1. NAME. Johnson’s Human Resource Management Consultant 2. MISSION. 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The writer uses a lot of evidence to support hisRead MoreAbercrombie Fitch: an Upscale Sporting Goods Retailer Becomes a Leader in Trendy Apparel782 Words   |  4 PagesAbercrombie Fitch: An Upscale Sporting Goods Retailer Becomes a Leader in Trendy Apparel Kevin Feldpausch Strayer University Bus 499 Professor Toiya Evans July 22, 2010 â€Æ' 1. Identify and describe the greatest environmental threats that have immediate implications for A F. Abercrombie and Fitch has been a leader in the retail fashion business for many years and have marketed their clothing line to appeal to a younger group of people mostly in high school and college. They were chargedRead MoreThe Hotel s Deluxe Guest Rooms And Suites1569 Words   |  7 PagesThe Strip First class Bellagio 3600 Las Vegas Boulevard South, at W Flamingo Road, Las Vegas, NV 89109 (reservations 1-888 987 6667/front desk 693 7111/fax 693 8546/ www.bellagio.com). Bus 202, 301, 302. Rates single or double $159-$599; suite $300-$1,600. Credit AmEx, DC, Disc, MC, V. In a city that doesn t know the meaning of restraint, Bellagio is positively demure. One of the first hotels to package luxury at all levels, Bellagio boasts lavishly appointed standard rooms (3,005 inRead MoreNew York City : A New Place For Couples1596 Words   |  7 PagesComplimentary breakfast and in room coffee is provided for all the guests and while you are staying in the city, take the opportunity to see some of the other sights. All Loops Double Decker Bus Tour Choose your accommodations for the weekend from one of the many that listed with All Loops and then jump on their Double Decker Bus Tour 48 Hour Pass and take in New York City in a way you never imagined. 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The Motivation For Volunteering Is Not Always Based On...

By utilizing Bowlby’s attachment theory to break down and better understand individual involvement or lack of involvement in volunteering, and then separating their individual motives into the six categories refined and developed by (Clary ET AL. 1998) from the functional theorizing of Katz in 1960 and Smith in 1956, in Understanding and Assessing the Motivation for Volunteering. We can examine how these two support systems compliment and interplay in the minds of potential support providers, and gain a better understand what motivates people to volunteer and who actually benefits more from the act of volunteering the volunteers or those they serve. Attachment theory will give a clearer understanding of the egotistic motives behind†¦show more content†¦Initially Bowlby saw the primary attachment figure as the mother; however he later added the father, siblings, and other family members or other people directly involved in our care as secondary figures. This system is activated when we feel the threat of separation from these attachment figures. By initiating a response referred to as attachment behavior, which initially takes the form of crying. If the caregiver is nearby and responsive to our needs, we feel secure and function normally. However, if the caregiver does not respond we will continue to display anxious behavior until our attachment figure returns and responds or our needs (Blakely Dziadosz, 2014). This anxious behavior referred to by Bowlby as attachment style, is a reaction to signals received from the attachment behavior system exhibited by us in our expectations, needs, emotions, and social behaviors as we mature (Mikulineer ET Al. Attachment style was first studied by Mary Ainsworth in 1978 who determined the primary features of secure attachment style, as well as the features of two insecure attachment styles, anxious ambivalence, and anxious avoidance. A third attachment style referred to as disorganized was added by Main Solomon in 1990 (Blakely Et Al 2014). These differences in can be measured equilaterally to determine an individual’s capabilities and motives for volunteering. Secure attachment facilitate altruistic helping behavior aimed at benefiting another person, even if thereShow MoreRelatedEthical Egoism Reflection Paper1739 Words   |  7 Pagesoneself; seeking or concentrating on ones own advantage, pleasure, or well-being without regard for others.† Others defined it as â€Å"caring only for oneself.† Clearly, the term selfish has a strong, negative connotation; however, does a selfish person always disregard others? In this class, although we are only 5 weeks in, each week has challenged me to think more critically. Some weeks challenge me to choose a side when I’m usually in the middle. 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Resolution of Matter into Pure Substances free essay sample

The purpose of this laboratory was to determine how different substances have different solubilities in a given solvent. This was accomplished using the method of chromatography. The solubility of each substance was first determined by dropping a drop or two of each on a line drawn 2 inches above the bottom of a piece of paper. Then the paper was lightly bent in order to tape both sides of the paper leaving about a 4 centimeter gap so that the sides of the paper are not touching. The paper was then put into a beaker of a hydrochloric acid, ethanol, and butanol mixture, being sure that the paper does not touch the sides of the beaker, and then topped. After the eluting solution has risen to within two centimeters of the top of the filter paper, the paper was removed from the beaker, dried, and was stained with a staining reagent solution containing potassium ferrocyanide and potassium iodide. We will write a custom essay sample on Resolution of Matter into Pure Substances or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This reagent forms colored precipitates or reaction products with many cations, including all of those used in this experiment. The distance of which the spots moved were determined by calculating the Rf value of each substance. The Rf value is determined by following formula: This experiment was successful overall, given a few errors. This experiment was done twice due to the paper having pen ink marks which interfered with the movement of the substances in the first experiment. During the second trial, it was a little difficult to measure the distance the substances traveled because multiple drops of each were dropped right above each other rather than on top of each other. By the end of the experiment, the distance traveled by each substance and the color changes of each substance was still clear and was able to be measured and recorded.

Logistics Management free essay sample

Few areas of business involve the complexity or span the geography typical of logistics. Logistics is concerned with getting products and services where they are needed whenever they are desired. Most consumers take a high level of logistical competency for granted. When they go to store, they expect products to be available and fresh. It is rather difficult to visualize any marketing or manufacturing without logistical support Modern logistics is also a paradox. Logistics has been performed since the beginning of civilization: it’s hardly new. However implementing best practice of logistics has become one of the most exciting and challenging operational areas of business and public sector management According to Council of logistics management: â€Å"Logistics is the process of planning, implementing and controlling the efficient, effective flow and storage of goods, services and related information from point of origin to point of consumption for the purpose of conforming the customer requirement†. Logistical management includes the design and administration of systems to controls the flow of material, work- in – process, and finished inventory to support business unit strategy. Logistics is the designing and managing of a system in order to control the flow of material throughout a corporation. This is a very important part of an international company because of geographical barriers. Logistics of an international company includes movement of raw materials, coordinating flows into and out of different countries, choices of transportation, and cost of the transportation, packaging the product for shipment, storing the product, and managing the entire process. Analysis of the figure of evolution of logistics [pic] Fragmentation 1960 This era was known as fragmentation because every thing that done was disintegrated Evolving Integration At this stage of time new concepts of Logistical management were evolving Total integration In the present scenario because of technological advances logistics has evolved as part of management Concept of Logistics The concept of logistics is fairly new in the business world. The theoretical development was not used until 1966. Since then, many business practices have evolved and logistics currently costs between 10 and 25 percent of the total cost of an international purchase. There are two main phases that are important in the movement of materials: material management and physical distribution; Materials management is the timely movement of raw materials, parts, and supplies. The physical distribution is the movement of the firms finished products to the customers. Both phases involve every stage of the process including storage. The ultimate goal of logistics is: To coordinate all efforts of the company to maintain a cost effective flow of goods. Word, ’Logistics’ is derived from French word ‘loger’, which means art of war pertaining to movement and supply of armies. A military concept, fighting a war requires: i. Setting of an objective ii. Meticulous planning to achieve the objective iii. Troops properly deployed iv. Supply line consisting weaponry, food, medical assistance, etc. maintained v. Plan should be such that there is minimum loss to men material Like fighting a war in the battlefield, the marketing managers also need a suitable logistics plan that is capable of satisfying the company objective of meeting profitably the demand of targeted customers. Inbound logistics + Material Management + Physical Distribution =Logistics Discussion of each and every term in this above summation i. Inbound logistics covers the movement of materials received from suppliers ii. Material management describes the movements of material components within a firm iii. Physical distribution refers to movement of goods outward from the end of the assembly line to the costumer. iv. Supply- chain management is somewhat larger than logistics and it links logistics more directly within the user’s total communication network with the firm engineering staff. It includes manufacturer and suppliers but also transporters, warehouses, retailers and customers themselves. Importance of logistics i. Transportation cost rose rapidly due to the rise in fuel prices ii. Production efficiency was reaching a peak iii. Fundamental change in inventory philosophy iv. Product line proliferated v. Computer technology vi. Increased use or computers vii. Increased public concern of products Growth of several new, large retail chains or mass merchandise with large demands very sophisticated logistics services, by pass traditional channel distribution viii. Reduction in economic regulation ix. Growing power of retailers x. Globalization The interrelation of different logistics element and their costs should be based on total cost rather than individual costs. The objectives of Logistics Operating Objectives In terms of logistical system design and administration, each firm must simultaneously achieve at least six different operational objectives. These operational objectives, which are the primary determinants of logistical performance, include rapid response, minimum variance, minimum inventory, movement consolidation, quality, and life-cycle support. Each objective is briefly discussed. Rapid Response Rapid response is concerned with a firms ability to satisfy customer service requirements in a timely manner. Information technology has increased the capability to postpone logistical operations to the latest possible time and then accomplish rapid delivery of required inventory. The result is elimination of excessive inventories traditionally stocked in anticipation of customer requirements. Rapid response capability shifts operational emphasis from an anticipatory posture based on forecasting and inventory stocking to responding to customer requirements on a shipment-to-shipment basis. Because inventory is typically not moved in a time-based system until customer requirements are known and performance is committed, little tolerance exists for operational deficiencies Minimum Variance Variance is any unexpected event that disrupts system performance. Variance may result from any aspect of logistical operations. Delays in expected time of customer order receipt, an unexpected disruption in manufacturing, goods arriving damaged at a customers location, or delivery to an incorrect location-all result in a time disruption in operations that must be resolved. Potential reduction of variance relates to both internal and external operations. Operating areas of a logistical system are subject to potential variance. The traditional solution to accommodating variance was to establish safety stock inventory or use high-cost premium transportation. Such practices, given their expense and associated risk, have been replaced by using information technology to achieve positive logistics Control. To the extent that variances are minimized, logistical productivity improves as a result of economical operations. Thus, a basic objective of overall logistical performance is to minimize variance. Minimum Inventory The objective of minimum variance involves asses commitment and relative turn velocity. Total commitment is the financial value of inventory deployed throughout the logistical system. Turn velocity involves the rate of inventory usage over time. High turn rates, coupled with inventory availability, means that assets devoted to inventory are being effectively utilized. The objective is to reduce inventory deployment to the lowest level consistent with customer service goals to achieve the lowest overall total logistics cost. Concepts like zero inventories have become increasingly as managers seek to reduce inventory deployment. The reality of reengineering a system is that operational defects do not become apparent until inventories are reduced to their lowest possible level. While the goal of eliminating all inventories is attractive, it is important to remember that inventory can and does facilitate some important benefits in a logistical system. Inventories can provide improved return on investment when they result in economies of scale in manufacturing or procurement. The objective is to reduce and manage inventory to the lowest possible level while simultaneously achieving desired operating objectives. To achieve the objective of minimum inventory, the logistical system design must control commitment and turn velocity for the entire firm, not merely for each business location. Movement consolidation One of the most significant logistical costs is transportation. Transportation cost is directly related to the type of product, size of shipment, and distance. Many Logistical systems that feature premium service depend on high-speed, small-shipment transportation. Premium transportation is typically high-cost. To reduce transportation cost, it is desirable to achieve movement consolidation. As a general rule, the larger the overall shipment and the longer the distance it is transported, the lower the transportation cost per unit. This requires innovative programs to group small shipments for consolidated movement. Such programs must be facilitated by working arrangements that transcend the overall supply chain. Quality improvement A fifth logistical objective is to seek continuous quality improvement. Total quality management (TQM) has become a major commitment throughout all facets of industry. Overall commitment to TQM is one of the major forces contributing to the logistical renaissance. If a product becomes defective or if service promises are not kept, little, if any, value is added by the logistics. Logistical costs, once expended, cannot be reversed. In fact, when quality fails, the logistical performance typically needs to be reversed and then repeated. Logistics itself must perform to demanding quality standards.