Monday, December 23, 2019

Summarize and compare and contrast the English Bill of...

The English Bill of Rights, the Cahier of the Third Estate of the City of Paris and Common Sense were all written during a time of revolution in their respective countries. Although all three political writings originated in a different country, they each share several important similarities. Each document also addressed specific issues, which the others did not. The English Bill of Rights, the Cahier of the Third Estate of the City of Paris and Common Sense all served as a bridge between their countries different forms of political structure. The English Bill of Rights came after the reign of the first two Stuart kings, James I (1603-1625) and his son Charles I (1625-1649). Both kings ran into problems with the House of Commons over†¦show more content†¦The Cahier of the Third Estate also addressed the treatment of prisoners by banning torture. The English Bill of Rights shared one major similarity to Thomas Paine s Common Sense. Although the French Cahier of the Third Estate did not address when assemblies should be held, both the English and American did address the issue. The English Bill of Rights declared that Parliaments should be held frequently, and Paine suggested in Common Sense that assemblies should be held every year. The concept of frequent parliamentary meeting was unheard of before this time. Previously, assemblies could go over a decade without convening. The French Cahier of the Third Estate and Paine s Common Sense also shared a major similarity. The Cahier of the Third Estate wanted the Kingdom to be divided into assemblies, which would be represented by freely elected officials. The Cahier of the Third Estate also wanted individual cities, towns and villages to have elected officials that would decide local issues. Thomas Paine presented a similar idea in Common Sense. Paine suggested that the colonies should be divided into districts and each district should be represented in the assembly. Although all three documents shared similar characteristics, there were differences between the English Bill of Rights, the Cahier of the Third Estate and Common Sense. Each document addressed issues

Sunday, December 15, 2019

Technology and Traditional Skills Free Essays

Over the last half century, modern technology has developed dramatically world wide and many people have been facinated this trend. On the other hand, it is a significant fact that traditional skills and a way of life have been faded rapidly. this phenomenon has also brought several issues in modern societies. We will write a custom essay sample on Technology and Traditional Skills or any similar topic only for you Order Now In my opinion, the importance of traditional skills and customs shoud be recognized by individuals. This essay will examine three aspects of advantages of preserving the traditional skills and customs. Fist of all, traditional practices often increase a sense of community and a social cohesion. For instance, national festivals have a significant meaning in terms of clutural and historical education. As people realize the importance of their heritage through the festival, they can improve their patriotism and sympathy with a social bonding. Secondly, the inheritance of traditional methods and social customs have a profond impact on next generations. For example, folklore, historical stories and songs can be the best way to teach children how to learn a moral and wisdoms to live in societies. These children will be able to interact with other people when they grow up and start working in the community. In addition, these children who learned a moral and wisdoms through the education of traditional skills and knowledge will contribute to next generations. Furthermore, following conventional skills play a vital role not only to social cohesion but also to preserve environment. Convention skills such as walking towards a distination and using handmade products are all easy on environment because these practices are often harmless the nature due to saving petrol and redusing wastes. Thus these conventional practices enable peolpe to learn how to protect environment. By comparison, technology has brought unpleasant problems world wide. Peolpe who are addicted to the Internet have a tendency of a lack of communication skills and sympathies with orther people. Hence some sociologists are apprehensive that crimes among young people have been increasing due to the prevalence of the technological development. In conclusion, people should realize the importance of trafditional customs and skills because these practices have great advantages and it contributes positive influence to people in societies and the future. How to cite Technology and Traditional Skills, Essay examples

Saturday, December 7, 2019

Collaborations in Textile and Clothing Sector MyAssignmenthelp

Questions: 1. What are some of the challenges for the Welspun group as it continues on its path of growth through globalization? 2. Are the high growth rates sustainable? If Yes, what will be the key success factory for the group? In no, What should be futures strategy? 3. Can the groups growth strategy serve as a role model for companies elsewhere? How and under what conditions? 4. What will be the one single factor that has had the biggest impact on the groups high growth trajectory? Answers: 1. Most of the companies have their origin in Japan, US and Europe and now looking expanding their operations to take advantage of cheap labor and newer markets preferable South-east Asia. However, Welspun has its origin in India, Asia and is expanding to countries worldwide. One of the most important challenge of this expansion and globalization is increasing compliance and quality policies, environmental guidelines, labor laws, and anti-money laundering rules in developed nations. For instance, it is a well-known fact that labor conditions in these Asian countries like Philippines, India, Malaysia, and Indonesia to name a few are quite pathetic and some also employs child labor to keep the costs low. However, US clients have very strict compliance polices for their suppliers and suppliers has to mandate it. Welspun does not have experience of such rules and this is a reason Target has stopped doing business with Welspun due to the quality problems and false claims made by the Welsp un. Soon after this incidence, Walmart also stopped selling Welspun towels in its stores because they were not made of authentic Egyptian cotton. Walmart has filed case against Welspun and also refunded the money to its customers who had purchased such products (https://www.bloomberg.com/news/articles/2016-11-14/bed-bath-beyond-stops-selling-welspun-sheets-after-controversy ). However, Walmart is selling other products of Welspun. The biggest challenge for Welspun is now to meet the quality requirements of its clientele otherwise it credibility will further go down and it find itself difficult to comeback. Moreover, it is growing at a rapid rate both by exploring new markets as well as by acquiring and merging with established brands. It is now facing stiff International competition worldwide after getting attention due to rapid growth. Another challenge that company has is to improve its credibility and reputation after Walmarts issue. Also, it had setup a facility in US near its major customers and those customers have now stopped the business not fully but partially. Also, New York is quite expensive city and cost structures, labor is quite expensive. Brand recognition, rising cost of compliance and local requirements of each country are some of the other challenges as it will continue to expand. 2. Such high growth rates are sustainable only if the company is able to maintain its quality and core values and does lose focus while expanding. However, 2 of its major clientele Target and Walmart had stopped some part of their business with Welspun due to quality issues. This means that Welspun has expanded at a very rapid rate and unable to maintain its focus and quality. Also, as the company is also diversified into other products, existing customers are perceiving that Welspun is not giving proper attention to its textile business which is creating quality issues. During such challenging times, such high growth rates are not sustainable. Instead of focusing on the growth rate, Welspun should focus on getting its clientele like Walmart and Target back by improving the quality of its products and signing more strict contracts having clause of penalty with such customers. Future strategy of the company should be to get the lost customers back by improving its quality and if it is successful in doing so, once again it will witness decent growth levels due to improved credibility and reputation. The focus strategy should focus on below points: Clearly defining future priorities like expanding into newer markets, product diversification or getting the lost clientele back (Soni, 2016). Once the company has define the priority, it should create appropriate plan to put it into action. It needs to decide whether it should continue to grow by using Merger and acquisitions approach as in past or focus on growing organically. Acquisitions sometimes lead to loss of focus as monitoring too many companies will be difficult to monitor and has risk of tarnishing the reputation of the company and Welspun cannot afford to take such risks after a couple of events in past (Kar, 2015). 3. Absolutely, the groups growth serves as a role model for the companies worldwide. The rapid growth becomes possible at the Welspun due to its knowledge of the markets and venturing into new geographies and new products at the right time. It has diversified itself by launching new products and by exploring new geographies simultaneously which could be a risky proposition for any company. It started with textile business and soon ventures into pipes, energy, steel and Infrastructure sector. Diversifying and scaling together is not easy process and requires superior leadership skills. Welspun supplies it products to more than 50% of the global retailers and has clients like Macys, J C Penny As the sales were rising in US, it had setup a plant in US in New York although it had to pay a huge cost to setup a plant in such expensive place. However, it helped company to gain the confidence of its clients and better understand their requirement and quickly fulfill their requirements by reducing lead times. Besides organic growth, it also dared to merge, acquire and entered into joint venture with companies worldwide aligned with its motto of Dare to commit and become a known name quickly. Some of the examples are as below: It had entered into joint venture with Vincenzo Zucchi of Italy for terry fabric bath robes and quickly acquired the market intelligence and right expertise needed for the Bath robes markets. Welspun Zuchi has now plant setup plant in India with finest technology and supplies superior world class quality bath robes in more than 34 countries (Cavusgil, Rammal, Freeman, 2011). It also entered into joint venture with Mannesmann DEMAG, German company for pipes. With this joint venture, it not only acquired world class German technology, it also acquired the global established clients like Saudi Aramco, Shell, ONGC, Unocal, Exxonmobil to name a few (Prasad, 2004). It acquired 76% stake in Sorema, Portugal based firm exclusively for marketing of products in Portugal and Spain. Sorema is a leader in shower curtains and bath rugs. 4. Deep Understanding of the global markets and foray into numerous products had the biggest impact on the aggressive growth path of the Welspun. It started in textiles business, increased its presence in bath rugs, curtain showers, foray into pipes, energy and infrastructure sectors and also developed capability to manufacture carpets. This extensive product mix has helped the company to climb to the new heights quickly. Not only this, Company is always at the forefront in adopting a new technology be it in its manufacturing processes or its company internal processes. It has signed a deal with HP, 100 million US dollars contract where HP will be developing IT solutions, implementing ERP and providing support to the company. In terms of its manufacturing technology, it had signed partnerships and joint ventures with numerous companies like Mannesmann DEMAG, Dystar, Archroma, Huntsman textiles, Tsudakoma, Picanol helped the Welspun to get access to superior technology without reinventing the wheel and also saved lot of resources and time (Hansen, 2007). Joint ventures, Collaborations, Merger and acquisitions with established brands helped the Welspun to get quicker access to new geographies, new markets and new clientele quickly. Having a joint venture with Italian firms for bath robes and then shifting the plant for bath robes manufacturing at a cheaper place in India helps the company to save a cost. These strategies help Welspun to mark is presence globally in a very less time. Strong leadership that have deep knowledge of markets and also have risk taking ability also helped the company to grow at very rapid rate. Leadership have acquired the right company at the right time and thus acquiring capabilities necessary for the Welspun to grow further and acquire larger markets (Gahlaut, 2008). Lastly, its flagship businesses are Textiles and pipes and each of which needs a cyclical raw material which is cotton and steel respectively. It also helped the organization to develop hedging strategy. Reference Cavusgil, S. T., Rammal, H., Freeman, S. (2011). International business: the new realities. Pearson Higher Education AU. Gahlaut, V. (2008). India-Rising power in International MA. Hansen, M. W. (2007). Outward foreign direct investment from India: theory and evidence.Centre for Business and Development Studies Working Paper, (8). https://www.bloomberg.com/news/articles/2016-11-14/bed-bath-beyond-stops-selling-welspun-sheets-after-controversy Kar, M. (2015). The Role of Foreign Collaborations in the Textile and Clothing Sector. InThe Indian Textile and Clothing Industry(pp. 69-82). Springer India. Prasad, R. (2004). Emerging Paradigm of Strategic RD alliances vis--vis corporate international competitiveness.Technology Experts,7(1), 1-6. SONI, A. B. (2016). MERGERS AND ACQUISITIONS IN INDIA AND ITS LONG TERM IMPACT ON SHAREHOLDERS WEALTH. CLEAR International Journal of Research in Commerce Management, 7(8).