The 7-Eleven company and Indian industry based on PEST analysis Essay

The 7-Eleven company and Indian industry based on PEST analysis - Essay Example The retail industry is India’s main source of income and it is thought that it would be the future of India in the coming years because of the improvement that are being done to it. Most of the urban middle class citizens rely hugely on this industry for their income. However, food and grocery are too contributing greatly to the country’s economy and it is a big part of the retail industry in India. According to research, the food retail industry is growing at a vast rate thought to be approximately 30% and it is believed that the food retail industry would be the driving force in India’s economy. This has been brought about by the pest analysis that is duly understood and used by the retail industries in India (Byars 1999) . The success of any market industry hugely depends on the environment in which the business organization is situated. The study of the environment clearly shows the factors that would affect the demand and supply patterns of a commodity, as w ell as the cost of the commodity. This is the criteria behind pest analysis that incorporates the idea of understanding the business environment, identifying the factors that would affect the the important variables in an organization that would in turn affect the organization’s demand and supply patterns and the cost of the commodity. The small changes that occur in society affects the operation of an organization in one way or the other and moreover they create an uncertain business environment that affects the functioning of the whole organization (Cooper 2000). Therefore the development of the pest analysis was mainly as a result of the business organizations wanting to know the number of possible issues that affect the business industry and how they would take advantage of their competitors (Porter 1985). This is aimed at enabling the organization to deliver quality services and attract more customers in the industry. Pest analysis therefore groups the environmental fact ors that affect the functioning of the organization into political, social, economical and technological factors. In addition, PEST analysis examines the effect of these factors and how they interplay each other in the business. Clearly using PEST analysis enables a business organization to take advantage of market opportunities and know how to deal with the competitive threats in the business and the strategic plans of the organization. It is important for an organization to look at the environment before deciding on investing in the new area. The environment dictates the people and other factors that affect the business and thus understanding them is vital to the business success. Environmental analysis should be continuous and it is a show of how the company would plan for the future including coming up with new strategies for the business. An organization’s marketing environment is made up of an internal environment, the micro-environment and the macro-environment. Intern al environment includes the technology being used in the office, the internal customers, or how employees are paid. The micro-environment include customers from other parts outside the country, agents and distributors, suppliers of raw materials and the competitors. While the macro-environment include factors such as political and legal factors, economic forces in a given religion. The understanding of these factors and how they affected the Indian industries was a major driving force to the interest and success of the 7-Eleven company in India. PEST analysis has brought about the rapid rise of the food industry in India especially in the 7-Eleven retail giant founded in Texas where it has developed large food stores. Kottler (1998) believes that PEST analysis is a nice business tool that can be used to identify the market growth or the decline of the market and the future directions of

AIDS in the United States Research Paper Example | Topics and Well Written Essays - 750 words

AIDS in the United States - Research Paper Example 20 percent of adults have AIDS in seven countries of this area of Africa. The initial slow reaction and lack of concern during the early 1980’s and beyond by the U.S. is clear today. Forty thousand new instances of the disease is reported each year but exactly how many persons are infected is not known because the method intended used to track AIDS is flawed and not likely to be fixed anytime soon. However, the social effect of AIDS has been widely acknowledged. This has served to inform the public and slow the progression of the epidemic but not in the African American community. The continuing proliferation of AIDS is allowed by the lack of appropriate vaccines and the virus’ ability to evolve as it invades, weakens and finally destroys the immune system. HIV, the disease which develops into AIDS, evolves so quickly that its exterior molecules are in a continuous state of transformation; consequently, the human immune system and the vaccines used to battle the virus, cannot catch up. â€Å"As it replicates within a single infected individual, HIV accumulates mutations that change the shape of its surface proteins, evolving right out from under the antibodies produced by the victim’s immune system† (National Institute of Allergy and Infectious Diseases, 2007). Due to AID’s capability of evolving at such a considerable pace, it rapidly counters medical treatments. The HIV cells which live beyond the primary drug concoction reproduce and their decedents transmit the drug resistant strain. This is the rationale for a patient’s drug therapy including what is generally called a ‘drug cocktail’ (various types of HIV drugs used together) which, in concert, act to hinder the further development of the resistant (strong) HIV viral strains. If a smaller amount of the resistant cells continue to exist, the less likelihood the disease will continue to spread. This is just one of the primary evolutionary models used by biomedical scientists to battle AIDS. (National Institute of Allergy and Infectious Diseases, 2007). AIDS made the evolutionary leap from chimpanzees to people. In all likelihood, the transfer happened by people using chimpanzees as a source for meat. The virus began in two varieties of monkeys which were eaten by chimpanzees which may cannibalize when food sources run short. A hybrid virus found in these monkeys (SIV) dispersed via infected chimpanzees and a mutated type (HIV-1) was ultimately transmitted to humans. Just like chimpanzees, people carry two variations of the disease. HIV-2 is the other and the less virulent. â€Å"Because of the similarity between chimpanzees and humans, any virus that successfully adapts to spreading among chimps would be a candidate for a further jump to humans, a potential HIV-3,† according to Paul Sharp, Institute of Genetics at University in England. (cited in Lovgren, 2003). One percent of the Earth’s inhabitants have contracted AIDS. The disease is to blame for killing of nearly three million people every year. AIDS is spread through use of use needles and unprotected sex. There is overwhelming evidence that needle exchange programs (NEPs) are very effective in preventing the transmission of the AIDS viruses yet do not promote drug use as critics of these programs contend. When first presented with this idea, Congress thought that NEPs would encourage drug abuse and they would send the message that the federal government sanctioned drug use by encouraging clean needle dispersal. â€Å"Restricting access to sterile syringes only acts to exacerbate the IDUs already desperate situation and is not in the best interest of the community regarding health, criminal or financial concerns. Free, legal and easily

The Importance of Customer Service to Service Companies Coursework

The Importance of Customer Service to Service Companies - Coursework Example The course work "The Importance of Customer Service to Service Companies" talks about the customer service and the importance of services management to service companies. Service companies directly deal with customers and they have customer service departments which have to continuously improve service to meet customers’ needs and gain their loyalty. Service can be defined in terms of customer satisfaction. If the goods delivered by the company meet customer specifications and the customer are satisfied, the customer is retained and may have that loyalty the service company needs. A common inspirational belief among sales people is the more loyal the customer, the more profits for the company. Firms must compete for quality. In this time of intense globalization where products and services are available at the touch of a button, quality service is most important. After World War II, when Japan was still struggling to compete with the products dominated by the United States and Europe, the term quality was not so popular. But Japanese firms introduced service quality which attacked American and European products and services. Quality-oriented service met customer needs and improved quality of life. Japanese firms became popular and profitable. Other firms had to introduce quality in their services and products. Quality management became a phenomenon which captured the attention of firms and researchers. Employees involved in service are crucial to the success of a service firm.

Slavery in the United States Essay Example | Topics and Well Written Essays - 1500 words

Slavery in the United States - Essay Example Parish, Ulrich B. Phillips, Gavin Wright, Fogel and Engerman, have concluded their theses as proponents or challengers of slavery as an institution, not on moral grounds, but mainly on principles of economy. The discussion, however, whether slavery was economically profitable, has not concluded in agreement. Historians have argued over the relative profitability of slavery and the economic factors which must be analysed in order to prove that profitability. It is generally agreed that cotton production propelled the economic growth of the southern United States, which simultaneously spurred the growth of capitalism within the United States.1 But the relative degree of profit the slaveholders themselves gained through the process is questioned. Moreover, the severity of slavery itself, within cotton plantations during the 1700s and 1800s, is an issue where historians have equally not been harmonic. The harshness of the institution is the specific issue whereby historians have debated whether blacks were better off as slaves than freemen. Simply put, the relative profitability of slavery and the harshness of it are intertwined. Featured within profitability is analysis of who profited from the institution of slavery and what their profit was. Slavery developed for plantation holders to be a profitable tool in the production of cotton, involving the planting, tilling, harvesting, in short, getting the crop to market. As an institution within agriculture, specifically cotton production, slavery became as profitable as it was because of the particular time and place wherein it occurred: cotton plantations in the southern United States during the cotton boom. Slavery would not have been a profitable activity under other circumstances, and minus the lucrative potential of owning slaves, the practise of slaveholding could only be explained as a ruthless, indefensible act of tyranny. Phillips delineates upon the existence of slavery within civilization in terms of economics: In barbaric society slavery is a normal means of conquering the isolation of workers and assembling them in more productive coordination. Where population is scant and money little used it is almost a necessity in the conduct of large undertakings, and therefore more or less essential for the advancement of civilization.2 Slavery served a definite purpose. The South, with its fertile soils, ideal climate, and long growing season, was the ideal environment to profit within.3 In order to develop that opportunity, large numbers of workers were necessary. In Slavery: History and Historians, Parish expands on Southern agriculture in order to prove that cotton and slavery went hand in hand. Corn was a staple crop of small farmers. However, it did not lead to much profit. Cotton, on the other hand, was profitable, but costly, and ran more risk. Cotton plantation owners, as slaveholders, countered the risk by keeping large numbers of slaves and thereby controlling the allocation of labour according to market activity.4 Gavin Wright calculates that "when output is valued at market prices, cotton comprised about one-quarter of the output of typical slaveless farms, but three-fifths or more for the largest slaveholding cotton plantations." A large quantity of labourers and efficient cotton production went hand in hand to insure market profit. Slavery was profitable

The Annual Information of Sparkle Plc along with the Financial Essay

The Annual Information of Sparkle Plc along with the Financial Statements - Essay Example To support the significance of such information, theories of concepts are also explained. The recommendations included are from the perspective of a financial account which is responsible to advise the directors of Sparkle Plc. A comprehensive report which contains the activities, financial and non-financial performance evaluation statements of the company are called the Annual Report. The annual report is prepared to give the stakeholders of the company, mainly the shareholders an elaborate and transparent view of the company (Friedlob, and Welton, 2008, p. 3). It is also essential in attracting prospective investors to make investments. The annual report not only contains the financial statements such as income statement, balance sheet, or cash flow statements but also other reports such as director’s report, auditor’s report, corporate social responsibility information, etc. In short, the annual report contains company’s business functions, products or services, sources of finances and resources, human resource involvement, countries of operation, responsibilities and contribution towards society, performance in terms of revenue generation, financial and accounting standards that it follows, and future goals or objectives structured for the next year (Thomsett, 2007, p. 5). This report is Sparkle Plc., a company which deals in cleaning products. Sparkle Plc. want to prepare their annual reports to attract more investors and also present a transparent image to their existing shareholders. The board of directors of the company already has the idea that the annual report would include the financial statements of the company. However, as discussed it is not only the financial statements that are important because many investors do not and cannot assess the financial health of the company only through revenue figures.  Ã‚  

Plato and aristotle Essay Example | Topics and Well Written Essays - 500 words

Plato and aristotle - Essay Example If one tries to duplicate something, one moves away from perceiving the ideal form. Hence, writing, according to Plato implies attempting to duplicate the memory because one has to rely on the outside source and this drifts one away from the truth. He states that wisdom comes from the inner self and when one tries to put it in writing, memory plays a role and hence it is not the truth. The authors have not experienced all they write about. This claim of Plato is also clearly visible in The Story of an Hour by Kate Chopin. Chopin wrote a lot of fiction and she interacted with different cultures. Although she tried to represent life as it is actually lived, ultimately it sprang from her memory and in the words of Plato, this drifts one away from the truth. Chopin lost her husband at a very young age and hence it would appear that she lives in the hope that one day she too would encounter something like Mrs. Mallard did. Perhaps it is her innermost feelings that are expressed through this story and hence Plato’s claim that authors try to duplicate the memory is justified. Chopin has not experienced something like this so can she with authority describe the feelings. Fiction is a fragment of the mind and hence not an experience which an author can write about with authority. Based on your own experience of literature or other arts, how would you understand the meaning of katharis? When you experience art or literature, do you feel purged of emotions, or do you feel emotions in a purified way, or do you see or understand them more clearly? More generally, do you think the emotional experiences literature or art create are beneficial? Or do you think (perhaps like Plato) that they are not beneficial, perhaps even harmful? The emotions that come up with the experience of art and literature are momentary. Katharsis implies purging of emotions never to return. Once the mind and soul is cleared of such thoughts, once the emotions have been

Discuss potential reasons for a groups failure to meet their goals and Term Paper

Discuss potential reasons for a groups failure to meet their goals and objectives - Term Paper Example Lack of proper timing may be a possible cause of failure by group members to undertake strategies aimed at accomplishing set goals and objectives of a group project. Goals and objectives need close supervision to ensure the set strategies to accomplish them are in the right track. Proper reporting of progress is vital to realizing the set goals and objectives of the group. Failure to undertake supervision of the progress, coupled with proper reporting may be a possible cause of unattained goals and objectives in a group project (Yarbrough, 2008). Besides supervision, the progress of the goals should be subject to evaluation for appropriateness and relevance. This is a core step to realizing goals and objectives of a group project. Planning plays a fundamental role in realizing set goals and objectives. A plan serves as a blueprint that guides the strategies of achieving set goals and objectives. A group, therefore, needs a detailed and well-defined plan to guide it through the course of the process. Failure to set an appropriate plan, therefore, can be a possible cause of failure to achieve a group’s set goals and