Mcdonald Pestel and External Analysis Essay Example

Mcdonald Pestel and External Analysis Essay Globalization has made the globe considerably smaller. States lines have turned into practically a divider separating certain regions of a massive unitary community. Businesses are the one that are highly affected by this occurrence. The virtual closeness of states has made trade and commerce an international event. Together with these advances, the key standards of business are similarly taken into account. Macdonald McDonald’s is one of the worlds most well-known and valuable brands and holds a leading share in the globally branded quick service restaurant segment of the informal eating-out market in virtually every country and the leading global foodservice retailer with more than 30,000 local restaurants serving more than 58 million people in more than 119 countries each day. A McDonalds restaurant is operated by a franchisee, an affiliate, or the corporation itself. The corporations revenues come from the rent, royalties and fees paid by the franchisees, as well as sales in company-operated restaurants. McDonald’s Vision McDonald’s vision is to be the world’s best quick service restaurant experience. McDonald’s Culture McDonald’s culture is the love towards McDonald’s brand and the respecting the company values imbibed in its rich history. McDonald’s Culture McDonald’s culture is the love towards McDonald’s brand and the respecting the company values imbibed in its rich history. History of McDonald’s * Started in 1940, when two brothers, Dick and Mac McDonald opened the first McDonald’s restaurant in California. In 1954, an entrepreneur and milkshake-mixer salesman, Ray Kroc, acquired the franchise of McDonald’s * In 1961, Kroc convinced the McDonald brothers to sell the business rights to him for a sum $2. 7milion. We will write a custom essay sample on Mcdonald Pestel and External Analysis specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Mcdonald Pestel and External Analysis specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Mcdonald Pestel and External Analysis specifically for you FOR ONLY $16.38 $13.9/page Hire Writer * In 1963, the mascot Ronald McDonald was born as a part of a marketing strategy in US. Happy Meal was introduced in US in 1979. * The year 1984 was marked by the death of Ray Kroc. * In 1994, McDonald’s bagged the Catalyst Award for its program for ‘fostering leadership development in women’. * In 1996, the first INDIAN Restaurant  was opened. In 1998, the first Macdonald’s was opened in PAKISTAN * In 2003, the company launched the ‘I’m lovin’ it’ campaign. McDonalds Practices There were three factors that were chosen to outline the success of McDonald’s corporation. The first factor is globalization, which is define as closer contact between different parts of the world, with increasing possibilities of personal exchange, mutual understanding and friendship between world citizens. Diversity, the difference among people and cultures, is the second factor discussed in the paper. The final factor is ethics, which can be defined as a set of principles of right conduct. This paper explains how the McDonald Corporations uses the factors to conduct business around the world. McDonald’s in Globalization Globalization has affected almost every aspect of life in almost every nation. From economic to social to culture, this widespread exchange of goods, services and ideas have influenced changes around the world. Even though the cultural influence in globalization is of slight significance to policy makers, its power has tremendous consequences to the nations involved and its people. Food is an important element in defining culture. â€Å"Food is the oldest global carrier of culture. † Any changes in the foods that we eat, in its preparation, the way it is served and consumed diminishes the traditional beliefs of the people. External factors and Strategies Political Factors The international operations of McDonald’s are highly influenced by the individual state policies enforced by each government. For instance, there are certain groups in Europe and the United States that clamor for state actions pertaining to the health implications of eating fast food. 2005) They have indicated that harmful elements like cholesterol and adverse effects like obesity are attributable to consuming fast food products. The company is controlled by the individual policies and regulations of operations. Specific markets focus on different areas of concern such as that of health, worker protection, and environment. All these elements are seen in the government control of the licensing of the restaurants in the respective states. For instance the meat issue in India. Therefore, McDonalds deal directly with the proper authorities in the respective markets that they intend to operate in. This way, a good way of establishes good relationship with the government. So Mcdonald’s transforms its menu in different countries but the core menu remains the same. Economic factors Branches and franchises of fast food chains like McDonald’s has the tendency to experience hardship in instances where the economy of the respective states is hit by inflation and changes in the exchange rates. The customers consequently are faced with a stalemate of going over their individual budgets. Particularly, their problem depends on the response of the consumers on these fundamentals and how it could influence their general sales. In regarding the operations of the company, food chains like McDonald’s tend to import much of their raw materials into a specific territory if there is a dearth of supply. Exchange rate fluctuations will also play a significant role in the operations of the company. Hence, if a franchise operates in a particularly economically weak state, hence their products shall cost higher than the other existing products in the market, then these franchises must take on certain adjustments to maintain the economies of scale. So, McDonalds, before penetrating the market, the company carry out a well conducted market research, especially in the movements in the economic environment. The frequency of the shifts in the inflation rate as well as the fluctuations in the exchange rate affects the operations of the company socio-cultural McDonald’s indulge a particular variety of consumers with definite types of personalities. It has also been noted that the company have given the markets such as the United Kingdom, an option with regards to their dining needs. It’s been pointed out that McDonald’s has launched a sensibly valued set of food that tenders a reliable level of quality for the respective market where it operates. Additionally, those who are aged just below the bracket of thirty-five are said to be the most frequent consumers of McDonald’s franchises. The multifaceted character of business nowadays is reflected in the harsh significance of the information on the subject of the existing market. In the case of McDonald’s they establish a good system in determining the needs of the market. The company uses concepts of consumer behaviour product personality and purchasing decisions to its advantage. Before a franchise is granted to a particular market, a well drafted and comprehensive market research is conducted initially so as to establish the acts that would conform to good customs, public policies, and morals of the said state. Similarly, the McDonalds find out the shifts in areas like the consumer behaviour and purchasing patterns of the market. Fundamentally, this is the key condition for executing a suitable customer relationship management system. Technological Factors McDonald’s generates a demand for their own products. (2006) The company’s key tool for marketing is by means of television advertisements. There are similarly some claims that McDonald’s are inclined to interest the younger populations more. The existence of play spots as well as toys in meals offered by the company shows this actuality. ( 1995) Other demonstration of such a marketing strategy is apparent in the commercials of they use. They employ animated depictions of their characters like Grimace and Hamburglar. Other advertising operations employ popular celebrities to promote their products. The like   has become endorsers for McDonald’s worldwide â€Å"loving’ it† campaign. Moreover, the operations of McDonald’s have significantly been infused with new technology. Elements like the inventory system and the management of the value chain of the company allows for easy payments for their suppliers and other vendors which the individual stores in respective markets deal with. The integration of technology in the operations of McDonalds tend to add value to their products. Basically, this is manifested in the improvements on its value chain. The improvement of the nventory system as well as its supply chain allows the company to operate in an international context. McDonalds Use the internet to their advantage. The cost-effectiveness, interactivity and real-time effects of the communications are a way to find suppliers. It is also a good way to correspond with the respective McDonald’s headquarters in every state. The company also looks i nto the use of IT to enhance their inventory operations. As the operations in its inbound and outbound logistics improve, the company will expect significant savings and reduction of costs in the operations. Legal Factors There has been the recurrent bellowing in opposition to the fast food industry. This has similarly made McDonald’s apply a more careful consideration on their corporate social responsibilities. On the whole, this addressed the need of the company to form its corporate reputation to a more positive one and a more socially responsible company. Hire local counsels to deal with the legal conflicts in individual markets on which the company may encounter. This is shall ensure the company that the lawyers that will handle their legal affairs are more versed with the legal regime that would iron out certain creases on their operations. Environmental Factors The social responsibilities of McDonald’s on the state are influential to the operations of the company. These entail accusations of environmental damage. Among the reasons why they are charged with such claims is the employ of non-biodegradable substances for their drinks glasses and Styrofoam coffers for the meals. (1997) Several civic groups in Hong Kong have made actions to make the McDonald’s franchises in Hong Kong aware of the rather copious use of Styrofoam containers and the resultant abuse of the environment. 1997) further indicated that in 1995, McDonald’s Hong Kong went over the Styrofoam used by both Australia and the United States combined. McDonald Monitor the waste disposal of the company. They are trying to minimize the use of Styrofoam materials and plastic cups. Constant updating of the social corporate responsibility is imperative. This should also entail that the headquarters should take in hand a manner of internal cont rol of those that would infringe upon this company objective. Sanctions such as revoking of the franchise license or a particularly high fine should be installed to serve as a deterrent to infringement. Transformation of menu Important strategic decisions are a key factor to their success with consideration for both internal and external factors. When considering the foreign market, companies need to consider there are risks. There must be local marketing to appeal to the local consumers and also to build relationships and trust (Bateman amp; Scott, 2004). Therefore, the strategic planning for marketing has to be effective The globalization of McDonald’s has raised many debates on both sides of the issue. The pro- globalization belief is that it enhances culture rather than adulterate. Radley Balko (2003), states that â€Å"In most communities, in fact, the McDonald’s has conformed to the local culture not the other way around. The McDonald’s corporation notes that most of its overseas franchises are locally owned, and thus make efforts to buy from local communities. McDonald’s also alters its regional menus to conform to local taste. † There has been a loss of traditional values with the introduction of non traditional food into the culture of foreign countries. The types of foods are symbolic to particular regions, religions and mores. In India, to the Hindu people, the cow is considered to be sacred as part of its religion. According to the AsianInfo. org (2007), â€Å"Diversity can be found in India’s food as well as its culture, geography and climate. † â€Å"Although a number of religions exist in India, the two cultures that have influenced Indian cooking and food habits are the Hindu and the Muslim tradition. † With the introduction of non traditional foods into this society, as with many others, there are adverse effects on the traditions it tries to uphold. These are just some of the concerns which affect the issue of food culture and globalization. Many more arise as a result of the introduction of fast food restaurants like McDonald’s into diverse cultures around the world. Some changes are embraced by the population while others are seen as a threat to the way of life that has been established for centuries. Some are adverse to the idea of globalization as a hold and perceive McDonald’s as a representation of this ideal and as a result hold them responsible. The question arises; does the globalization of McDonald’s adversely or positively affect the culture of different nations? Even though there has been many changes in the eating habits of the nations influenced by the introduction of McDonalds there has been many positive aspects. With the advancement of technology and communication the world itself seem to be moving at a faster pace. The advent of fast food into foreign cultures allows the opportunity to keep up with this fast pace. Culture is ever changing and thus McDonalds marks another step in the evolution of culture with the changes in has brought about. The menu has given people a new choice over the traditional foods eaten in the past. The McDonaldized institution has really spread across continents giving rise to a number of indigenous fast food chains. There is also the case of Asianization where Asian cuisine such as Fried rice is rapidly spreading all over the world. Unemployed youth are taking advantage of the McDonaldized institution to set up fast food businesses on the streets. This can be called fast food-street food. There are good and bad sides to this phenomenon therefore we need to find out the bad sides and improve upon them. Some traditional foods may also come with problems especially in terms of health so while we criticize fast food we should also analyze some traditional food at least for their nutritional importance. Each country implements the core McDonald’s menu to which in-country management is free to add localized menu items, e. g. , the Croque McDo in France, the Chicken Maharaja Mac in India and salads in many parts of the world. Internal Factors and Strategies McDonald’s training programs McDonald’s training programs are delivered in up to 40 languages, with the primary languages being Chinese (Simplified and Traditional), English (both International/Commonwealth and U. S. ), French, German, Italian, Japanese, Portuguese and Spanish for the top markets. The training materials consist of two elements: * core content which applies globally for maintaining consistent food quality and services worldwide, and * locale-specific content based on local menu items, food safety regulations and labor practices, etc. The company continues to invest and support initiatives to adapt its products and services to different locales to ensure its global brand. Fully globalized, right? Unique decisions to each country McDonald’s caters its menu in other countries to the cultures of the regions. For example, in India, the non-vegetarian menu includes chicken and fish items only (Welcome, n. d. ). Beef is not on the menu in India because are considered sacred. Global marketing decisions are no different than those made domestically but the decisions are unique to each country (Sister amp; Sister, 2005). Diverse workforce In the United States alone, McDonald’s has won numerous awards and received national recognition for diversity. Furthermore, operating on a global scale allows a company’s employees to experience working in different cultural environments. This is a good marketing strategy for recruiting employees. McDonald’s has a global core curriculum for its restaurant management (McDonald’s, 2004). Paula Doherty, a general manager states, â€Å"I’ve had incredible experience in different countries and†¦cultures†¦as a trainee manager – from Poland to Israel to the Philippines and more. Doing the job successfully has given me a real sense of achievement† . This business strategy speaks to their commitment to a diverse workforce. McDonald’s commitment to diversity is established on the foundational belief that diversity is not just a moral and ethical issue, but also a business issue (McDonald’s, 2005). Due to the global expanse of McDonald’s business, diversity has become an integral part of the internal company culture. McDonald’s has over 30,000 restaurants around the world, which means franchise owner/operators, employees, and customers represent just about every culture, religion or ethnicity on earth. In addition, McDonald’s promotes the use of local suppliers and based on their policies of diversity, expects and retains suppliers that have a similar diversity culture. Knowing and understanding the local customs and traditions of the communities where McDonald’s has established businesses, integrating people from these communities into the company, and adapting locally to the tastes and cuisines of the community, has made McDonald’s the leader in their industry. McDonald’s realizes that having diversity as an asset greatly enhances the profitability of the company. Diversity is a direct reflection of a company’s interpersonal relationships. These relationships, if positive, result in a rewarding venture. Conversely, if the relationships are negative, the company’s morale declines and if not addressed, leads to the deterioration of the company. This deterioration directly impacts the company’s income and the community’s acceptance of the business. However, McDonald’s leadership encourages diversity through their policies and programs. McDonald’s proven success with leveraging the advantages of diversity can be attributed to their core value of ethics. Ethics McDonald’s success is built on the foundation of personal and professional integrity. From the beginning, McDonald’s has based its reputation on trust and dependability, and their commitment to the community made them a household name. Founder Ray Kroc, believed in giving something back to the community in order to make the world a better place. Throughout the 1970’s, McDonald’s became involved with a lot of charity work. In 1974 established a charity called Ronald McDonald House. The purpose of this program was to provide temporary housing for the families of seriously ill children receiving treatment at nearby hospitals. Since the 70s, more than 10 million families around the world benefited from the comfort provided by Ronald McDonald Houses. Innovative programs In addition to their community involvement, McDonalds has a long-standing commitment to environmental protection. Restaurants around the world have innovative programs for recycling, resource conservation, and waste reduction. The environmental achievements of this corporation have been recognized by organizations such as the Audubon Society, Conservation International, Keep America Beautiful, the National Recycling Coalition, and the U. S. Environmental Protection Agency. People focus McDonalds is also an equal opportunity employer. As an equal opportunity employer McDonald’s ensures that employees and job applicants are selected, trained, and promoted without discrimination to race, gender, sexual orientation, age or disability. The company promotes their employees based on their relevant skill, talents, and performance. In support of this McDonalds promotes and sustains a working environment, which is free from unlawful discrimination, harassment and bullying. Employees are regarded as members of a team where everyones opinion is valued and respected. The Human Resources department monitors the effectiveness of the discrimination policies at regular intervals. Employees who feel that they have been treated unfairly are encouraged to use the remedies outlined in the Companys handbooks. McDonald’s ethical standards, as well as their strategies for globalization and diversity are instrumental to the overall success of the company. Here external and internal factors were discussed above that have affected McDonald’s. This was achieved by explaining what the factors are where and how McDonald’s dealt with each of the external and internal factors. The factors discussed were globalization, diversity, and ethics. The assignment illustrates how globalization is necessary for success and survival of McDonalds in the worldwide market. The paper also shows how diversity integrated people from different communities into the company, and adapted tastes and cuisines of the community. McDonalds showed ethics by being an active leader in the communities. There are many different values to the dollar around the world, many issues that have occurred in many of those regions/websites, and about 119 countries served by McDonald’s that rely on the functions of management to succeed.

AP Analysis Essay Sample

AP Analysis Essay SampleTaking an AP Analysis Essay is an important part of the college application process. Students often get bogged down in worrying about whether or not they have exactly what it takes to excel in the class. The truth is that AP classes are designed to help students improve their knowledge, improve their capabilities, and become more familiar with the different ways that they are going to be tested.If you've had a bad experience with a college or university's assessment process, the AP Analytical Writing and Analysis Test (AWAWT) may very well be what you've been looking for. It's not just what you need to do for your profile, but how the process is structured. You won't find a standardized testing procedure for all colleges and universities.Each individual colleges has its own process. Not every test can be used to evaluate different classes. Some colleges, for example, use the SAT as the one exam that will tell them if a person is a good student or not.The probl em with the SAT, as far as many students are concerned, is that it is a very useful test. It gives all students a basic understanding of the concepts that they'll learn in their college curriculum.In reality, a large number of students don't really want to study for the SAT as much as they want to study for the AP Exam. A lot of students start by taking the simple parts of the SAT, such as vocabulary and short-answer questions, but then go on to take practice tests and other sources of advice that show them which words to use and how to go about answering the questions.For this reason, you should always consult your guidance counselor or tutors about which test prep materials to use. Your guidance counselor will help you select the best preparation materials for your specific situation. He or she will also help you decide what kind of question materials to use to make sure that you're ready for whatever tests that you may face.There are a variety of aptitude tests available. It's up to you to figure out which one is best for you.

Free Essays on Flextime

Flextime is a new work concept, which I feel will help employees want to come to work on time and actually get what they have to do done. It’s being used my numerous corporations Flextime is a work concept which divides the day into "core time," when all employees are expected to be at work, and "flexible time," usually at the beginning and end of the day, when employees may select their own arrival and departure times. A weekly period of 35 hours must be established. Acceptance of flextime is completely voluntary; employees may choose to remain with a standard summer schedule of 8:30 a.m. to 4:30 p.m. with a one-hour lunch. In addition, certain departments, such as CCS and Facilities, will have schedules that vary from hours described below or have particular needs that may, in some instances, be addressed outside this policy. Following are the procedures for implementing flextime at Rider University. Department heads should meet with staff before the effective dates of this policy to discuss relevant issues including the following: 1. Effective dates for summer, 2001, are Monday, May 14th, to Friday, August 24th. 2. The core time is 9:00 a.m. to 3:30 p.m. All employees must be in attendance during this period. Flexible hours are from 8:00 a.m. to 9:00 a.m. and 3:30 p.m. to 4:30 p.m. The base period of the standard work day is 7 hours. A lunch time of at least 30 minutes must be taken each day. Time sheets, where applicable, should accurately reflect hours worked. 3. Schedules must be coordinated within working units and approved by the supervisor, so that department coverage continues to be provided for the business period of 8:30 a.m. to 4:30 p.m. Schedule selection will be made on an month-by-month basis and, except for emergency situations and coverage for absences, these schedules may not be changed. 4. Overtime: Hours worked in excess of the weekly base period of 35 hours (37.5 hours for maintenance employees) are... Free Essays on Flextime Free Essays on Flextime Flextime is a new work concept, which I feel will help employees want to come to work on time and actually get what they have to do done. It’s being used my numerous corporations Flextime is a work concept which divides the day into "core time," when all employees are expected to be at work, and "flexible time," usually at the beginning and end of the day, when employees may select their own arrival and departure times. A weekly period of 35 hours must be established. Acceptance of flextime is completely voluntary; employees may choose to remain with a standard summer schedule of 8:30 a.m. to 4:30 p.m. with a one-hour lunch. In addition, certain departments, such as CCS and Facilities, will have schedules that vary from hours described below or have particular needs that may, in some instances, be addressed outside this policy. Following are the procedures for implementing flextime at Rider University. Department heads should meet with staff before the effective dates of this policy to discuss relevant issues including the following: 1. Effective dates for summer, 2001, are Monday, May 14th, to Friday, August 24th. 2. The core time is 9:00 a.m. to 3:30 p.m. All employees must be in attendance during this period. Flexible hours are from 8:00 a.m. to 9:00 a.m. and 3:30 p.m. to 4:30 p.m. The base period of the standard work day is 7 hours. A lunch time of at least 30 minutes must be taken each day. Time sheets, where applicable, should accurately reflect hours worked. 3. Schedules must be coordinated within working units and approved by the supervisor, so that department coverage continues to be provided for the business period of 8:30 a.m. to 4:30 p.m. Schedule selection will be made on an month-by-month basis and, except for emergency situations and coverage for absences, these schedules may not be changed. 4. Overtime: Hours worked in excess of the weekly base period of 35 hours (37.5 hours for maintenance employees) are...

The Role of Body Language Essay

The Role of Body Language Essay The Role of Body Language Essay Communication is one of the essential tools used for the exchange of ideas, feelings, and even visions. It is the activity of passing across the intended information through exchange of signals, writing, thoughts, behavior, and messages (Yates 433). However, for the process to be completed, several elements of the latter must be facilitated. The basic elements of communication include a potential sender, the intended message, and finally the targeted recipient. The way information is being transmitted depends on the medium. Moreover, the medium of transmission entirely rely on whether the communication is verbal or non-verbal. Non-verbal communication makes use of body languages, symbols, and signs as its ways of passing across any message (Yates 501). As per the requirements of the project, my area of specialization builds its concrete foundation on the body language as one of the means of communication. It is a form of physical and mental ability of man’s non-verbal communication that consists of gestures, facial expressions, body posture, and eye movements (Pease Pease 211). Body language is one of the most effective means of relaying very sensitive information and maintaining the confidentiality of the message passed across. The sole reason of my keen interest in this means of communication is the unique nature possessed by the latter as compared to other means. People continue using body language no matter the advancement in technology and development of most effective means. Analytical goals of my project draw its origin from the non-verbal forms of communication. To mention a few, the objectivity of the project was to understand the power and importance of excellent non-verbal communication, discover the necessary listening skills required for checking the shared understanding, modes of repairing the wrong communication and finally, understanding the effects of appropriate non-verbal communication and vocal tone in building rapport (Borg 457). Body language covers most of these objectives and helps in achieving the ultimate goals of communication as intended in this project. Assumptions made in this project can only be achievable if the means of communication put into consideration can be articulated to meet the requirements. Body languages are more advantageous and it can handle situations that cannot be handled by other means. The first advantage is that, this means can handle a situation where the sender or the recipient is handicapped or physically disabled (Borg 244). For example, a dumb person can use signs and facial expressions to relay information. He/she may be unable to utter the real words but the meaning of the message can be effectively understood through the body language. Noisy places may inconvenient verbal means but body language can comfortably be used in such environments. For example, in a factory where there is a lot of noise, the manager can instruct the employees and those under him through body language (Pease and Pease 466). The above means can also be used in passing across any sensitive information whose confidentiality is supposed to be maintained. Signals used between the sender and recipient may only be understood between the two and the third party may not get the real meaning of the information. The final advantage lies under the geographical difference between the sender and the recipient. The means may effectively be applicable if the two are at a visible distance but their spoken words may not be heard clearly. For example, if someone wants to greet a person, (Borg 558). Who is in a moving vehicle, waving a hand will be a more civilized way as compared to shouting. In addition, body language proves to be less expensive as compared to most sophisticated ones. Parties having an intension of cutting down the cost of communication can make use of body language. The above means loses its effectiveness in case the barriers exist in the environment under consideration. The major barrier is the case where both the sender and recipient are uninformed about the meaning of some of the signs and gestures. This will make the latter to be ineffective and therefore reducing its applicability. Common signals and body gestures known to many people cannot be used to relay any confidential information. Body gestures that carry more than one meaning may be difficult to be used as the involved parties may not get the intended message. Individuals lacking the body parts utilized in the communication are automatically excluded from using the means (Pease and Pease 674). This makes the latter to be limited to those people who possess the body parts that are supposed to be used in the process. For example, a blind person cannot use eye movements to relay the message; crippled people may also not use their legs or hands in the process of communication. Most of the time, body language is used by both handicapped and normal people so long as the parties understand the signs and body gestures well. Very large geographical difference may inconvenience use of signs and gestures in passing the meaning. This can only be done through digitized means where signs are being transmitted electronically. The project involved laying down the necessary strategies that will characterize the means of communication to be determined. The first strategy for this work involved testing the effective means of communication that can be used in a noisy environment. Various means of communication were to be tested in the latter environmental conditions and the effective method was to be pointed out. The second strategy was to determine the most appropriate means that can be used in relaying confidential messages (Pease and Pease 688). Almost all available means under the test proved ineffective and the one with the highest degree of confidentiality was determined. The final strategy was to cut down on the cost of communication. This meant to find the cheapest means of communication that can fully satisfy the process. The strategies outlined above almost gave the expected results (Oxford 509). The rhetorical barriers and advantages mentioned earlier in this project gave direct reflections of what was to be done and the ultimate goals were absolutely fulfilled. The first strategy of noisy environmental condition was fully satisfied by the rhetoric advantage of body language as the means of communication. Body language proved communicative under the tested conditions. The second strategy of relaying confidential messages was previously reflected by the rhetoric advantage of body language. The latter gave maximum satisfaction in passing across confidential information. The final strategy of cutting down the cost of the process of communication gave out several means of communication. Some of the verbal means of communication met the standards unexpectedly and the strategy was to be articulated to meet the requirements. However, the adjustments made met the satisfactory standard of making body languag e as the only means of communication. The rhetoric ended up being effective in analyzing the arguments. The rhetoric arguments proved perfect in the analysis and strategies gave full support for the approval of arguments. Documented statistics for the related case study almost projected the same results as the one that were rhetorically reflected in the project (Oxford 599). However, in this project, the strategized conclusion could not have been drawn from the rhetoric barriers and advantages, putting the last strategy into consideration, which almost dissatisfied the expected outcome. The argument of whether to rely on the rhetoric reflections or not, in finding the most appropriate means of communication in the project almost proved effective. However, the rhetoric reflection failed in giving the details of flexibility of the means and the ability of the latter to accommodate the upcoming challenges (Melkote 444). Body language plays many roles in the current society. Considering the technological advancements, this means of communication is seen primitive and cannot be relied on. However, what people are not supposed to forget is that, this means forms part of the most immediate means of communication before other means can be put in place. People who do not have a common communicative language find it hard to communicate with one another (Melkote 408). The only immediate way is by use of body language. In normal life circumstances, emotions find their roots in body language and twisting of some body parts may turn out passing a strong message to the targeted recipient. People around the globe appreciate body language and the roles it plays. Ideas of generating the most sophisticated means of communication are being generated by body language. What is most important is understanding the ideology of communication that is to be achieved by the scientists. Having hopes in the unpromising inventions makes people forget that the effective means lies in our bodies and the only task is to learn how to use it. Learning body Language is one of the most interesting things that one can do and in most cases, it turns out to be more of a fun. Do you need help with writing an essay about Body Language? Just visit our custom writing service to order high-quality customized essays online.

Financial management Assignment Example | Topics and Well Written Essays - 750 words - 2

Financial management - Assignment Example Ford was able to get this money by pledging almost all of its assets as collateral, including its U.S. property, plant, and equipment; its equity investments in Ford Credit and Ford’s foreign subsidiaries; and its trademarks, including the Ford brand name and logo. Why did Ford decide to use up all of its financial slack in one gigantic gulp? First, debt financing was available on relatively easy terms in 2006. Second, Mulally must have been aware of the history of restructuring programs in the U.S. auto industry. Some of these initiatives were failures, some partial successes, but none solved Ford, GM, or Chrysler’s competitive problems. The companies shrank but did not improve significantly. So Mulally was in effect sending a wake-up call to Ford’s managers and employees: â€Å"We’ve raised all the cash that we can get. This is our last chance to reform the company. If we don’t make it, Ford is gone.† For the final project, you are to conduct an analysis and evaluation of the capital structures and costs of capital of Ford Motor Company over a history of 5 years. The examination will be in three parts. 1. State the amount of the following in the financial statements for the years 2008, 2009, 2010, 2011 and 2012 using the following table (NOTE: Long term debt includes all long term debt regardless of when payable) - Fair value is a standard of measurement used in financial reporting. It refers to the market price that would be received upon a security if it were to be sold (Warren, Reeve & Duchac, 2014). Ford Motor Company (2008) adopts the January 1, 2008 SFAS No. 157, Fair Value Measurements, definition of fair value, defining it as the price receivable so as to execute the selling of an asset of payment for the transfer of a liability taking place in a orderly transaction among the market participants at the given measurement

Chair Furniture Definition and Classification Essay

Chair Furniture Definition and Classification - Essay Example The fact that there are different types of chairs, however, does not mean that there are different primary uses to this particular object. With very few exceptions, the primary purpose of all types of chairs is for a human to sit in, as in the case of armchairs, or sit on, as with table chairs and stools. As regards exceptions, it need be noted that a few chairs have a primarily decorative purpose, as a direct consequence of their being classified as art objects or valuable antique purposes. Having clarified the stated, however, it is important to note that the aforementioned are not generally classified as chairs but are often, more precisely and accurately, referred to as antiques or at objects. Accordingly, it is important to emphasize that chairs are not, primarily, either antiques or pieces of art but objects which primarily serve a human-sitting purpose. Added to that, even though some types of chairs are referred to as table chairs, this does not mean that chairs are tables. I n other words, in defining the said objective from the negative perspective, one may affirm that chairs are not tables but can be placed around and under kitchen and dining tables.

Can Men and Women Be Friends?

Can Men and Women Be Friends? In the society that we know today, just the same as in the society that was known 100 years ago, the idea that men and women can just be friends has been discussed. Discussed during common conversation, explored in books, poetry, movies, and any other genre of communication that can be thought of. There is a host of ideas, definitions, opinions and facts that must be considered to answer this question. There are many challenges as to why men and women can be friends and just as many as to why they cannot be just friends. My own life experiences have made me genuinely interested in this very question. Can I be just a friend to a woman and likewise, can a woman just be a friend to me? There have been many times in my life when a current relationship has depended on this question; a future relationship has depended on this question, and a past relationship that has depended on this question. There is a possibility that men and women can be friends. Certain words and ideas must be define d, circumstances must be addressed as to why friendships can work between opposite sexes, and those friendships that do not work, must be dissected to propose why it did not work. Answering this question and the ongoing research that is being done is vital to every generation. An honest answer could prohibit hurt or provide a new pool of friends that could be made, provide a different structure of friendship and number of other things. It will be beneficial to both sexes. Friendship is defined as one attached to another by respect or affection (Websters Dictionary, 1994). With this simple definition, there should be no reason at all that men and women cannot be friends. As long as you respect the man or woman and feel affection for them, that should be the end of the story. Then why does it not always work out? Could it possibly be that men and women view the term friend differently? Do they have different reasons for friendship? Research suggests that friends must enjoy each others company, they must be useful to one another, and they must share a common commitment to the good (Bell, 1991). Women typically describe their friendship in terms of closeness and emotional attachment. The characteristics the relationships between women is the willingness to share their feelings, thoughts, feelings and support. Mens relationships tend to focus around certain activities and are more segmented (Bell, 1991). It is a relationship between men that serve as a buf fer to stress and reduce depression (Bell, 1991). It is more difficult to find a true friend that encompasses character traits that prove beneficial to both parties intents and purposes. Studies do suggest the friendships between men and women versus same sex friendships are much less common (Newton, 2008). These same studies also indicate that this is because issues of possessiveness and jealousy come into play just as they would in a relationship that is sexual in nature (Newton, 2008). According to Dr. Jane Greer, often, when men and women are friends, theyve already had a relationship and diffuse the sexual energy they used to generate it (2009). There are certain circumstances that would allow for men and women to just be friends. The main issue as to why being friends just does not work is the topic of sexual tension. In the movie When Harry Met Sally, Harry informs Sally during their first meeting that it is a fact the men and women cannot be friends. This is because one will always want to sleep with the other. There is simply no way of getting around that. Perhaps a man or woman is friends with someone of the opposite sex but it could be that one of them is keeping the option open for a sexual connection. Perhaps not right now, but maybe in the future (Greer, 2009). The only answer seems to be to diffuse whatever sexual tension exists. The circumstances of the friendship between a man and woman has a lot to do with the success of a platonic relationship. Those friendships that succeed can because the people involved are in different stages of their lives, proximity to each other or they may be married. These are practicalities that may make having a romantic involvement impossible (Greer, 2009). There of course are cases of friends who have different sexual orientations and therefore the main problem of having sexual tension, simply does not exist. Because all friendships are built upon a mutual attraction and on compatibility, the potential for romance between a man and a woman being friends is definitely present. In order to diffuse that issue, it must be addressed in order for some sort of resolution to take place and from there, move on (Greer, 2009). According to Michael Ferrel, there are four key obstacles to the success of male-female friendships. The inability to define the relationship (Ferrell,). Men and women have to be honest about the relationship, whatever the reason. There must be honesty as to what the attraction is whether it was sexual, having common interests, etc. A fear of confronting feelings of sexual attraction (Farrell 1) is another obstacle that is stated. Whether or not the feeling are there, which there usually is, being able to talk to your friend about them is vital to the success of the friendship. A third obstacle is the inability of both partners to see each other as equals and the fourth is societys response to a non-romantic relationship (Farrell, 2008). These are serious impediments for a cross-gender friendship to work but not so serious that it is impossible. When Harry Met Sally (1989) is a classic movie that explores the four key obstacles to the success of a cross-gender relationship. Harry and Sally were both very honest throughout their friendship and that is the only reason why such a relationship could work. It was definitely not love at first sight. It was a friendship of support through the entire story. According to research, men and women in platonic friendships enjoy many benefits from their relationships. Men seem to get more out of the cross-sex friendship. In a study by a psychologist in New York State, men rated cross-sex friendships higher in overall quality than their same-sex friendships (Farrell, 2008). This can be for reasons of perhaps being able to more easily express their feelings and get a female perspective on things. The old adage that men are from Mars and women are from Venus eludes to how very different our two sexes are. Why not find out what the other team is thinking? These friendships can provide support , love and an opportunity to understand life through someone elses eyes. In watching When Harry Met Sally (1989), it is evident that are many different types of friendships at play through the entire movie. Although Harry and Sally did end up being romantically involved, that is not to say that that is how it had to happen. If Harry could not have married Sally or been romantically involved with her, he would take her as a friend and vice-a-versa. Each had their own friends that were of the same gender but as Harry said, there are things that I can talk to her about that I cant talk to you about, when speaking with his male friend. There are benefits as well as costs to every relationship but they discovered a true friendship that ended with them falling in love and being married. Perhaps if more people in our society focused on friendship, there would be more success in the married lives of people today. Men and women can most certainly be just friends. There will be obstacles but through honesty, those obstacles can be overcome. I have a very good friend that happens to be the opposite sex. I have known her for over ten years and friendship is as far as it has ever gone. She offers support, enjoys activities that I do, compliments my personality, but I view her as a type of family member with no real sexual attraction. An obstacle that was addressed by Harry was that if you do get involved with someone romantically, they may have a problem with that person. Whats missing from our relationship (When Harry Met Sally, 1989)? That has been issue but only because to find a platonic relationship between a man and woman is so rare to find in a pure form. I would rather keep my friend than to be with someone who does not understand a real friendship. Through me saying that, that shows that a true friendship can exist without false pretenses. There have also been times when I thought I was f riends with a person only to soon realize that that is not what is really going to happen. Either I become attracted to her or she becomes attracted to me. In order to stay friends with that person, the sexual tension has been addressed and either we can remain friends or not. But that is not to say that it is impossible. When Harry Met Sally (1989) sends the message that two people can be just friends. Research has more often than not indicated that it is possible for these mixed-gender friendships to work. I was surprised to learn that this fact is supported. It is in every movie, television show and real life experiences that men and women cannot be friends, and yet, we now find out that they can. This research was purely based from research that was conducted in the United States. It would be incredibly interesting to have a cross-cultural perspective on this topic as relationships between men and women differ across our world. In no way should men not be friends with women or women not be friends with men simply because they do not think that it could be done or they are asking for something more than just the friendship. We can see through this research that while there are times that these friendships lead to more, those that succeed can find a true friend and have a lasting friendship that will provide other elements that they may not be able to receive from a same-sex friendship.