Social Media and Costa Coffee free essay sample

This report investigates Costa Coffee’s advertise nearness worldwide and inside Singapore. First subtleties the finished foundation examination and item ideas for Costa Coffee. Next, recorded is their present online networking diagram. This remembers their quality and measure of action for various stages, for example, Twitter and Facebook. After careful exploration, Costa Coffee’s target customers are understudies and working experts, matured 20-40 years. The two sections are substantial shoppers of claim to fame espresso and exceptionally dynamic on numerous online life stages. As of now, Costa Coffee is inadequate with regards to mindfulness in the Singapore espresso showcase. To build brand mindfulness, there are three compelling web based life procedures: Singapore Costa Coffee’s virtual visit, YouTube video channel, and the Costa Coffee Facebook page. Certain advantages will incorporate brand familiarity with the Mocha Italia espresso, client commitment, and expanded online conversation. Ultimately, the potential and unavoidable dangers are laid out. Organization Overview Costa Coffee is a café chain established in London, in 1971, by siblings Bruno and Sergio Costa. We will compose a custom exposition test on Online life and Costa Coffee or then again any comparable point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page At that point, Bruno and Sergio Costa essentially provided espresso to nearby food providers and bistros. Nonetheless, with the expanding fame of their espresso they opened the main Costa Coffee outlet on Vauxhall Bridge Road in London, in 1978. In 1995, the Whitbred Company gained Costa Coffee. Today, Costa Coffee is the biggest and quickest developing café chain in the United Kingdom. Costa Coffee entered the Singapore advertise in 2012 (Costa Coffee, 2013). Costa Coffee’s principle crucial, â€Å"To serve the best quality espresso in obvious Italian style†. The organization has fused this into all its image contact focuses, including its items, costs, outlets and crusades. What's more, Costa Coffee’s vision is, â€Å"To be the best accommodation organization that there is a group of related inn, eatery and recreation club brands perceived by its kin, visitors and financial specialists as pioneers in each market in which it works. † (Whitbred PLC Annual Report and Accounts, 2012-2013). Costa Coffee has additionally settled a few objectives which identify with its vision and statements of purpose, these include: Item Concept Costa Coffee is an Italian mix espresso, which is made only from six distinct sorts of moderate broiled Arabic beans. This gives the espresso a more full flavor and a more grounded fragrance. Furthermore, Costa Coffee is one of only a handful hardly any espresso brands, which has its own roastery. This guarantees some espresso is of the highest caliber. Besides, in a day and age where corporate social obligation is turning into a worldwide concern, Costa Coffee collects its espresso beans from just the absolute best: 100% Rainforest Alliance affirmed fields. Costa Coffee plans to mean extravagance, greatness and flawlessness. Which are all fused in the different components of the Costa experience, including, its items, costs, outlets, battles and representatives. Aside from espresso, Costa additionally offers a wide scope of food (paninis, toasties, sandwiches and wraps) and sweets (cakes, cakes, brownies, biscuits, pies and bakes)(Costa Coffee, 2013). Costa Coffee clients are the individuals who appreciate the genuine Italian taste that the Italian mix offers. Clients are espresso sweethearts, yet are the individuals who acknowledge quality and assortment. Today, Costa Coffee has gotten a most loved for people in a hurry, regardless of whether they are taking a break from work or simply shopping in the shopping center. To build client comfort and availability, Costa Coffee has innovatively planned 5 different ways through which people can appreciate the Costa Coffee experience: Costa Outlet, Costa Metro, Costa Express, Costa Drive-Thru and Catering (Costa Coffee, 2013). By having these various sorts of foundations, Costa Coffee connects with all espresso sweethearts, expanding its upper hand and brand steadfastness. Web based life Overview Costa Coffee is right now present via web-based networking media stages, for example, Facebook and Twitter. Their Facebook page has around one million preferences and Costa Coffee Singapore has around 7,500 preferences. Costa Coffee is working strongly with their Facebook page by posting photos of their items and new offers. The organization is likewise dynamic on Twitter, where they have around 60,000 devotees around the world. On their Twitter page, Costa Coffee is promoting their items and introducing offers that are explicit for the ebb and flow season. They additionally have three bosses who are chipping away at a regular schedule between 9am-5pm addressing client questions. Their site is easy to use as it incorporates a consistent structure about clear item data, their association diagram, and their promise to Rainforest Alliance. Costa Coffee is dynamic on most online networking networks and is doing very well with regards to client to-organization connections. Target Consumer: Working Professionals and Students (Aged 18-40) The 2013 National Coffee Drinking Trends statistical surveying report created by the National Coffee Association (NCA) uncovers that the grown-up espresso drinking market fragment is expanding. There was an expansion in 5% of American Adults that savor espresso 2013 (up from 83% in 2012) (Vending Market Watch, 2013). Moreover, â€Å"according to measurement from Euromonitor, the UK showcase for coffee†¦is gauge to develop by at any rate 10% in the following two years. Today, about 80% of UK grown-up populace drink espresso (as refered to in Urbantimes, 2013). What's more, another report from the NCA states that one out of three had drank a gourmet espresso yesterday, which hardens the supposition that the claim to fame espresso advertise is developing at a more grounded rate (Vending Market Watch, 2013). Very much prepared, claim to fame espressos transformed into a ware among working experts and understudies. It has gotten all inclusive over various pay classes yet at the same time stays among the exceptionally taught section. Costa is concentrating on understudies, educators, and other workforce because of their high utilization of espresso and their longing to utilize Costa areas as an advantageous spot to unwind, accumulate, and study. As indicated by a study completed by the National Coffee Association, 40% of 18-multi year olds are drinking an espresso every day. This is an extraordinary increment from the 31% of this age bunch who said they were day by day espresso consumers in 2010 (as refered to in Urbantimes, 2013). Notice that every day espressos turning out to be a piece of the â€Å"student life†. In addition to the fact that students are energetic espresso consumers, yet in addition dynamic via web-based networking media locales. As per an overview done in 2012, 83% of 18-multi year olds are available via web-based networking media locales (Pew Internet American Life Project, 2013). The â€Å"student† fragment is a basic objective crowd to Costa Coffee as a result of their espresso utilization and their capacity to be reached through web based life. To the extent students’ desires, more are stating they need accommodation, consistency, and availability in a bistro. They are paying higher for forte espresso due to its’ separation from modest, conflicting spots, for example, Singapore Kopitiams. In addition to the fact that they expect quality in their espresso, however understudies additionally need a spot to complete their work. It is frequently hard to finish work in an apartment, as it is boisterous and loud. In like manner, the library can get exceptionally full and now and again even be difficult to track down a seat. Cafés give an agreeable and loosening up atmosphere where understudies can finish papers and study; they become spots of shelter. Working experts is likewise another vigorously focused on bunch for Costa Coffee. In specific nations, more than 75% of the grown-up populace are espresso consumers as uncovered in the measurements above. Working experts, approximately 25-40, are additionally progressively dynamic on long range interpersonal communication locales. Another review by the Pew Research Center’s Internet American Life Project expresses that 72% of online grown-ups utilize long range interpersonal communication destinations (2013). What is considerably progressively interesting is utilization of informal communication keeps on developing among more established clients. In 2009, in the age gathering of 30-49 years of age, 48% of grown-ups were utilizing person to person communication locales. In one year alone, there was a 27% expansion in this age classification (Pew Internet American Life Project, 2010). Accordingly, these measurements unmistakably show why the working experts section is similarly imperative to the Costa Coffee’s web based life crusades. Both of these sections are developing consistently via web-based networking media existences and have high utilizations of espresso every day. Working experts esteem an espresso shop’s atmosphere for unexpected reasons in comparison to understudies; as a rule, they like to utilize their preferred coffeehouse as a spot to take a customer, to hold a gathering, or as an office away from the workplace. Like understudies desires, working experts esteem the accommodation, the consistency, and the availability. Furthermore, drink quality, speed of administration, and â€Å"customer intimacy† are profoundly esteemed to this market section. Destinations An essential study was directed on 51 Singaporean respondents (from the targetâ audience as distinguished above) to show signs of improvement understanding about Costa Coffee in Singapore (study, 2013). Discoveries of the study are given underneath: Graph 1: The overview shows that Starbucks Coffee is the most unmistakable premium espresso brand, trailed by The Coffee Bean Tea Leaf and The Connoisseur Concerto. Moreover, just 6% of the respondents think about Costa Cof fee. This means Costa Coffee has nearly low brand mindfulness. Diagram 2: Of 50 respondents, 71% have never been to Costa Coffee. This backings the end that Costa Coffee has low brand mindfulness. Diagram 3: Of 36 respondents who have never honey bee

Dangers of Escalation of Commitment in Accounting

Perils of Escalation of Commitment in Accounting This report examinations the issue of acceleration of promise to a game-plan from the point of view of the pharmaceutical business. Heightening can be characterized as a circumstance where a bombing adventure is provided with extra assets past the purpose of achievability. All things considered, acceleration conveys significant risks for associations by producing avoidable financial misfortunes. The report investigations into the nonexclusive reasons for acceleration by looking at subject writing. In like manner mental, social, authoritative and venture explicit variables are distinguished as basic heightening activators. Investigation into the points of interest of the said business orders productivity issues, advertise execution concerns, developing items portfolio close by improvement pipeline conditions as highlights intensifying pharma organizations helplessness to acceleration. The fact of the matter is bolstered by genuine case models situated in the reference section. Valuation for heightening causes takes into account advancement of viable counteraction strategies. The report proposes preventive measures planned for diminishing the event of heightening triggers, for example, testing the individual and social causes. Approaches for decreasing different elements sway on dynamic are sketched out as methodology modification just as procedure the executives arrangements. The report finishes with proposals on raising circumstances the board. Articulation of Reference The point of this 2000-word report is to request the causes and threats of heightening of responsibility to a strategy from the viewpoint of pharmaceutical organizations. This report is to survey the risks of acceleration of duty to a picked game-plan through the viewpoint of pharmaceutical organizations. So as to accomplish the point set, the paper first investigations the definition and dangers emerging from the wonder of heightening. Next, after the structure proposed by Ross Staw (1993) conventional reasons for acceleration are summed up. Therefore, the report takes a gander at industry-and medication advancement explicit heightening triggers trying to recognize why the pharmaceutical organizations are especially defenseless against the threats of acceleration of duty. At that point, heightening anticipation arrangements sorted out around handling recently recognized triggers are plot. The report finishes up with proposals concerning the issue of raising circumstance the board. Acceleration of responsibility: Definition and risks Acceleration can be characterized as a circumstance where a person over-submits assets to a bombing adventure subsequent to getting adverse criticism on its exhibition. Having a choice to end, the leader swears off sound conduct and gives more cash, time or exertion in a deception that more noteworthy association will carry the venture to effective consummation (Staw, 1981). Some assessment proposes that heightening as such ought not be consequently allocated negative meaning. Low degree of representative responsibility is likewise harming to authoritative execution; foundation elements may legitimize over-duty (Heath, 1995). Another view accept acceleration to be a characteristic component of the business dynamic that ought to be treated as an unavoidable cost (Bowen, 1987). The prevailing idea bolstered by broad research recommends that heightening of responsibility ought to be acted against (Brockner, 1992) in light of conveying threats of: Eventually prompting augmentation of avoidable misfortunes; Presenting unreasonable dynamic; Subverting the essential reason of business movement: to boost gains with insignificant expenses; Producing considerable open door costs Expending unrecoverable assets, for example, time. Valuation for acceleration triggers takes into consideration improvement of effective avoidance strategies planned for lessening the event of such factors, in this way shielding the organization from the previously mentioned disservices. Conventional reasons for acceleration Mental Starting examination proposed that acceleration emerges fundamentally from the normal slope of the person to self-legitimize conduct. Providing the game-plan with extra assets fills in as oblivious resistance procedure: the individual consoles him/herself that the first choice made was sane (Staw, 1976). Self-defense need is increased if the leader holds duty regarding the asset designation (Staw, 1981), which is run of the mill for venture choice setting. Prospect hypothesis applied to heightening recommends that self-legitimization isn't imperative essential for its event. Acceleration is initiated by the leader utilizing an edge to settle on choices under states of vulnerability of results. The leader sees resulting choices regarding results of introductory decisions so as to create a cognizant casing. The negative criticism on the underlying asset allotment brings about the ensuing dissemination being seen as a decision among positive and conceivable misfortune, or a negative casing. In this way people are inclined to acceleration by turning out to be chance chasing: neglecting to acknowledge a distinct misfortune even at the expense of bringing about more prominent later on (Whyte, 1986). How the chief sees caused costs, comprises another acceleration trigger (Garland Newport, 1991). Following possibilities hypothesis, the sunk costs impact recommends that expenses caused saw comparable to the all out consumption actuate a negative casing, prompting heightening conduct. Connected with that, the abhorrence of waste gives another inspiration to gracefully the game-plan further, as opposed to confront a positive misfortune (Arkes Blumer, 1985). Curiously, fervor about the venture results (Schmidt Calantone, 2002), and sunk-time effectã‚â ­ (Navarro Fantino, 2009) guide heightening event. Social Significantly, the previously mentioned need to legitimize the rightness of conduct isn't restricted to the individual and applies to the more extensive social setting (Staw, 1976). Keeping up a picture of a steady chief among peers demonstrates similarly, or increasingly, critical to meeting self-avocation needs. The longing to get social endorsement is exacerbated under weakness of the economic wellbeing in the gathering, or in a nearness of an antagonistic group (Staw, 1976). In such occurrences the individual is probably going to display his/her conduct to replicate the model supported by the crowd (Brockner, 1992). As the gathering duplicates pioneer generalizations that underline the requirement for chiefs to be reliable in activities so as to be seen as skilled (Staw Ross, 1980), the individual trying to accomplish consistency with the cliché picture will over-submit not to twist others faith in their initiative potential, and to reaffirm position in the gathering structure. Intra-or between bunch rivalry can show acceleration. The center is moved away from target appraisal of the potential results of a picked choice onto the inspiration to win. The need to take the necessary steps to stretch out beyond the contenders presents scope for silliness and heightening as such nonsensical conduct is normal to both of the gatherings in question (Bazerman, 2006). Hierarchical Ventures accepting solid authoritative help are inclined to acceleration (Pfeffer, 1981 in Ross Staw, 1993), as the leaders distinguish them with the presence of association itself. Moreover, the centrality of the venture to hierarchical qualities and its entrenchment in the authoritative structure represent the activities being proceeded notwithstanding reservations (Goodman et al., 1980 in Ross Staw, 1993). Loosening up the supporting framework may compromise the very premise of working authoritative structure; initiate change that is regularly connected with dangers and risks. The expenses of acknowledgment of the norm are seen as minor to the potential perils of adjusted condition. Keeping up notoriety and consistency among qualities and activities demonstrate to establish powers instigating over-responsibility from authoritative point of view (Ross Staw, 1993). Organizations having freely reported achievement may be increasingly reluctant to concede disappointment and stop with the strategy. Task explicit High advancement costs and dangerous market execution of the completed item, the acknowledgment of disappointments and misfortunes as an element of the RD procedure, and hesitance of chiefs to genuinely disengage from the drawn out activities represent more prominent heightening presentation of RD ventures (Schmidt Calantone, 2002). Low potential reusability (Staw Ross, 1993) of the created yield brings about hesitance to suspend the endeavor so as to stay away from squander. Negative confining instigates the view of leave costs, for example, pay bundles as positive waste, prompting acceleration. The headway of the venture on a course of events comprises another danger because of sunk-cost impact (Navarro Fantino, 2009). Ventures arriving at cutting edge phases of advancement would be ceased hesitantly in light of gathering of utilized assets, including time, and the impression of impending accessibility of the foreseen gains. Industry-explicit Escalation Triggers Productivity issues Late information proposes that pharmaceutical organizations are to confront decrease in benefit figures in imminent years (Datamonitor, 2010). This can be ascribed to consistently expanding drug improvement costs: the expenses creating the last item surpass $1 billion, with as not many as 20% of fruitful item sections accomplishing the earn back the original investment point (Innovation.org, 2010). Assessments recommend that pharmaceutical organizations should dispatch two to four medications every year to keep up consistent net revenues (Gassmann Reepmeyer, 2005). In any case, because of high whittling down rates the general achievement of associations system is frequently dependent on the accomplishment of a solitary task (Kola Landis, 2004). These variables pressurize the organizations to proceed with activities and negligence emerging reservations t

Blog Archive Mission Admission Get an Early Start on Your Resume

Blog Archive Mission Admission Get an Early Start on Your Resume Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday. We at mbaMission try to encourage business school candidates to get as much “noise” out of the way as possible before the schools begin releasing their essay questions. We want our applicants to have the freedom to reflect on their experiences, formally and thoroughly brainstorm, choose ideas, prepare outlines, and then focus on crafting powerful essays. Essentially, we want them to be unfettered as they engage in what is, for many, one of the most significant creative challenges they will ever face. Using this time to address a task such as preparing your resumeâ€"a process that often requires several rounds of revisionsâ€"will allow you to focus better on the other elements of your application later. By revising your resume now, you can dedicate the time needed to do so at a more leisurely pace, before “crunch time” hits. Further, you will lay the foundation for brainstorming for your essays later, by reminding yourself of your most significant accomplishments. If you prepare your resume now, you will not even feel the effects later (except in a good way), and you will definitely thank yourself for having completed this task early. Note: We recognize that you may achieve additional accomplishments in the next few months. We nonetheless suggest that you update your resume now, however, and then revisit and amend your most recent entry one to two weeks before your application deadlines. Share ThisTweet Mission Admission Blog Archive Mission Admission Get an Early Start on Your Resume Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday. We at mbaMission try to encourage business school candidates to get as much “noise” out of the way as possible before the schools begin releasing their essay questions for the next admissions season. We want our applicants to have the freedom to reflect on their experiences, formally and thoroughly brainstorm, choose ideas, prepare outlines, and then focus on crafting powerful essays. Essentially, we want them to be unfettered as they engage in what is, for many, one of the most significant creative challenges they will ever face. Using this time to address a task such as preparing your resumeâ€"a process that often requires several rounds of revisionsâ€"will allow you to focus better on the other elements of your application later. By revising your resume now, you can dedicate the time needed to do so at a more leisurely pace, before “crunch time” hits. Further, you will lay the foundation for brainstorming for your essays later, by reminding yourself of your most significant accomplishments. If you prepare your resume now, you will definitely thank yourself later for having completed this task early. Note: We recognize that you may achieve additional accomplishments in the next few months. We nonetheless suggest that you update your resume now, however, and then revisit and amend your most recent entry one to two weeks before your application deadlines. Share ThisTweet Mission Admission Blog Archive Mission Admission Get an Early Start on Your Resume Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday. We at mbaMission try to encourage business school candidates to get as much “noise” out of the way as possible before the schools begin releasing their essay questions for the next admissions season. We want our applicants to have the freedom to reflect on their experiences, formally and thoroughly brainstorm, choose ideas, prepare outlines, and then focus on crafting powerful essays. Essentially, we want them to be unfettered as they engage in what is, for many, one of the most significant creative challenges they will ever face. Using this time to address a task such as preparing your resumeâ€"a process that often requires several rounds of revisionsâ€"will allow you to focus better on the other elements of your application later. By revising your resume now, you can dedicate the time needed to do so at a more leisurely pace, before “crunch time” hits. Further, you will lay the foundation for brainstorming for your essays later, by reminding yourself of your most significant accomplishments. If you prepare your resume now, you will definitely thank yourself later for having completed this task early. Note: We recognize that you may achieve additional accomplishments in the next few months. We nonetheless suggest that you update your resume now, however, and then revisit and amend your most recent entry one to two weeks before your application deadlines. Share ThisTweet Mission Admission Blog Archive Mission Admission Get an Early Start on Your Resume Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday. We at mbaMission try to encourage business school candidates to get as much “noise” out of the way as possible before the schools begin releasing their essay questions. We want our applicants to have the freedom to reflect on their experiences, formally and thoroughly brainstorm, choose ideas, prepare outlines and then truly focus on crafting powerful essays. Essentially, we want them to be unfettered as they engage in what is, for many, one of the most significant creative challenges they will ever face. So, a simple step such as preparing your resume now will allow you to focus better on the other elements of your application in the future. By working on your resume  now, a process that can require several rounds of revisions, you can dedicate the required time to do so at a more leisurely pace, before “crunch time” hits. Further, you will lay the foundation for brainstorming for your essays later, by reminding yourself of your most significant accomplishments. If you prepare your resume now, you will not even feel the effects later (except in a good way), and you will definitely thank yourself for having completed this task early on. Note: We recognize that you may achieve additional accomplishments in the next few months. We suggest that you still update your resume now, however, and then revisit and amend your most recent entry one to two weeks before your application deadlines. Share ThisTweet Mission Admission Tags: resume

Ted Baker Plc Is A London Listed Retail Finance Essay - Free Essay Example

Sample details Pages: 5 Words: 1368 Downloads: 8 Date added: 2017/06/26 Category Business Essay Type Research paper Did you like this example? Ted Baker Plc is a London listed retail company. The company is headquartered in London and has operations in other European counties as well as US, Asia, Middle East and China. The company had gross revenue of pound;215.625million, a 15% jump from the year before. However, the profits for the year remained significantly unchanged at pound;17557, a 1.6% rise from the previous year. 85% of the total company revenue came from United Kingdom and the greater Europe with the rest coming from the US (12.9%) and Hong Kong (2.1%). By virtue of the companys overseas holdings, it is exposed to a number of risks. These include strategic, financial, operational and political risks. According to the firms latest annual report for the year ended 28 January 2012, the risks pose a significant threat to its performance and can inflict material changes to financial statements in the year of their occurrence. Most importantly, the firm has to measure the probability of their occu rrence and mitigate against their effect on its bottom line. Country risks As mentioned, Ted Baker operated in a number of countries. Each of these countries posses specific country risks to the firm. To begin with, the firm faces a number of country specific risks such as blockage in transfer of funds as well as cultural and institutional crash of norms. For instance, Ted Bakers Chinese operation faces a number of transfer restrictions from the country. That means that the company might have trouble in repatriating profits realized from there. To mitigate against this risk, the company has set up operations in Hong Kong, a relatively secure destination with minimal restriction on the transfer of capital and profits in and out of the country (Ted Baker Inc., 2012). Operations in a foreign country must observe the rules and regulations relating to ownership of business. In most of Ted Bakers operating countries, 100% ownership is not permissible. Therefore, local residents h ave to be included as strategic partners in the organisation to facilitate licensing by authorities. This dilution in ownership leads to weak control of organisational strategy. To mitigate against these risks, the company assesses its entry strategy n a case-by-case basis to ensure that the local investors in the target market add value to the management team. In most cases, the company acquires already established companies with their entire supply chain intact and retains some minority shareholding to ensure that it maintains the needed legal and regulatory threshold. Another country-specific risk that the company faces relates to human resource norms in the foreign operations. Since it is a UK company, it is used to having employees with flexible work schedule. However, the Middle Eastern workers have the right to take extended break during working hours to observe their religious rituals. In the same way, American workers have very strong labor unions that have very strong a bility to bargain for higher wages through industrial action. These factors pose enormous risks to the company and can result in material losses in those markets. Ted Baker also faces the risk of protectionism in its key markets. This is particularly so in the United States in the wake of the financial crises. USA is keen to protect its local industry and has therefore increased its non-tariff barriers for goods manufactured elsewhere. This increases the cost of doing business and erodes the businesss competitiveness in the American market. Ted Baker also faces risks relating to nepotism and corruption in its operating markets. In the Middle East for instance, executives hire employees based on kinship and other affiliations as opposed to merit. This makes it hard for the organization to attract and retain the best talent as hiring is best on referrals and not merit. It also opens up avenues for conflict of interest and outright corruption by the executives. Given that these e xecutives are part owners of the company as mandated by law, the company has no choice but to retain them. Most importantly, Ted Baker faces the risk of loss of intellectual property from its operating markets. This is especially true given that most countries require a mandatory percentage of local ownership in order to pass on expertise to them. In Hong Kong for instance, intellectual property rights are rarely enforced. Locals can steal proprietary design information and use it to make their own products. This poses enormous risk for the company. Country risk is higher in cases of long-term investment that are not made through a regulated market. Given the nature of entry the Ted baker uses in establishing its operations (mostly mergers and acquisitions), and the long-term nature of its investments, the company is exposed to high levels of risk. Worse still, most of the country risk elements that the company faces cannot be hedged effectively. This means extreme loss in the event of such risk crystallizing (Ted Baker Inc., 2012). Political risk Political stability is crucial to a firms sustained growth and profitability. Political instability in the Middle East poses a major problem for the firm. Following the Arab spring in the last few years, the firm experienced disruptions in supply chains in the region. This led to high operational costs and outright losses in cases of shutdowns (Ted Baker Inc., 2012). Ted baker assesses political risk at two levels: Macro and Micro. At the macro level, the firms management assesses the host countrys attitudes towards foreign investors and political stability. If the country is hostile to foreign investors and has a degree of political instability as indicated by civil strife or other indications, the market is considered unsafe and not worth investing in. Only countries that have relative political stability and that are friendly to international investors are considered targets for investments. At t he micro level, Ted Baker assesses whether its activities can conflict with the target countries existing regulations. However, this is not sufficient in the face of a changing political landscape as is the case in most of its operating markets. The management anticipates the likely effect of changes in the political landscape on the operations of the firm. In all the markets that the company has operations, the firm has minimal political risk at the micro level. This is because of its effective corporate governance structure that guides its operations (Ted Baker Inc., 2012). As detailed in its final report, Ted Baker relies heavily on effective corporate governance to stave off most of micro level risks. The principles of corporate governance guide its operations in all markets and this minimizes the chances of going against the rules and regulations. in particular, the company observes all rules of accountability (appropriate board size, transparent ownership, ownership neutral ity and defined board accountability), disclosure and transparency (broad, accurate and timely disclosure using proper accounting standards), independence (independent audits, dispersed ownership, independent oversight, independent directors) and shareholder equity (one vote per share) (Ted Baker Inc., 2012). Ted Baker has an insurance policy against political risks. Under the policy agreement, the company can claim compensation for occurrences such as inconvertibility, expropriation and loss of income from political violence. This is the most effective hedge against these risks. Ted Baker is also exposed to currency and exchange rate risk. This mainly occurs on purchases denominated in USD and Euros. The group also publishes its final accounts in sterling pound and it therefore incurs some losses in translation. To mitigate against these effects, the company used financial instruments (hedging) (Ted Baker Inc., 2012). Conclusion Ted Baker Plc has operations UK, France and other European counties, USA, Asia, Middle East and China. Most of the companys profit is derived from United Kingdom and the greater Europe with the rest coming from the US (12.9%) and Hong Kong (2.1%). Due to its international operations, the firm faces a number of risks both country specific and firm specific. These include transfer risks as well as cultural and institutional risks. The company has insured itself against most of the country specific risks. It leverages on strong corporate governance structures to avoid micro risks. Ted Bakers exposure to currency and exchange rate risk due to transactions done in different currencies as well as and translation of financial data to sterling pounds results in losses for the firm. To mitigate against these effects, the company uses financial instruments to hedge e its exposure. Don’t waste time! Our writers will create an original "Ted Baker Plc Is A London Listed Retail Finance Essay" essay for you Create order

Vlsi Based Accident Information and Car Security System

Abstract: VLSI based Accident information and car security system deals with the concern of saving the victim , who get trapped in accident and also about the car security. Accident of the car is detected using pressor sensors which are fixed in car. Accident information to the nearest hospital is carried out with the help of RF communication. The location of the car is found using the GPS technique. The security of car is ensured by using password. The theft information is sent to the owner’s mobile using GSM module. The ultimate design of the project is in VLSI. FPGA is used to interface these modules. Keywords: Very Large Scale Integration, Global Positioning System, Global System for Mobile Communication. I.INTRODUCTION: The†¦show more content†¦By comparing the codes, the time difference between the satellite generated the code and the receiver generated the code can be determined. This interval is the travel time of the code. Multiplying this travel time, in seconds, by 186,000 miles per second gives the distance from the receiver position to the satellite in miles. D. Increased accuracy by using differential gps: A technique called differential correction is necessary to get accuracies within 1 -5 meters, or even better, with advanced equipment. Differential correction requires a second GPS receiver, which is a base station, collecting data at a stationary position at a precisely known point (typically it is a surveyed benchmark). Because the physical location of the base station is known, the correction factor can be computed by comparing the known location with the GPS location determined by using the satellites.The differential correction process takes this correction factor and applies it to the GPS data collected by a GPS receiver in the field. Differential correction eliminates most of the errors listed in the GPS Error Budget discussed earlier. III.GLOBAL SYSTEM FOR MOBILE COMMUNICATIONS The Global System for Mobile Communications (GSM) is the most popular standard for mobile phones in the world. GSM service is used by over 2 billion people across more than 212 countries andShow MoreRelatedAsaaaa3527 Words   |  15 PagesLOGIN SEARCH ACTIVE TOPICS Electrical, Electronics Communication Projects Projects Q A, Guidance for your projects  » Projects Forum  » Electrical, Electronics Communication Projects Ads by Google Alarm Monitoring System Alarm House Alarm System Telephone System Topic: ECE Mini Projects Found this useful? Give a +1 Free Project Downloads 12 Add to Facebook: Get Free Electronics (ECE) / Electrical (EEE) Project Downloads: Electronics Project Download ECE Mini Project Downloads

Cognitive Development In Children Experiment Essay

Cognitive Development in Children: Experiment nbsp;nbsp;nbsp;nbsp;nbsp;Piaget suggests that children prior to the age of seven develop an objective moral orientation. They tend to evaluate the good or bad actions on the basis of the consequences of the actions (good or bad). At about the age seven, children develop a subjective moral orientation which involves evaluation of behavior in terms of whether the intentions were good or bad. This investigational method is used to determine whether children under the age of seven have objective moral reasoning; along with, if children about the age of seven have subjective moral reasoning. Method Subjects: The subjects were children from 1990 to 1995 between the ages of three to 11.†¦show more content†¦Story Pair Two: A. Sarah (Kenny) was playing on her (his) swing in the back yard. Her brother (his sister) was also playing in the back yard. He (she) decided to go over to the sandbox to play. As he (she) walked by the swing, Sarah (Kenny) tried to kick him (her) but misses. B. Pauline (Billy) was watching TV. Her brother (his sister) was playing nearby. She (he) hears her (his) friends playing outside and gets up to run outside and play with them. As she (he) is running she (he) bumps into her brother (his sister). He (she) falls down, his (her) nose begins to bleed, and he (she) begins to cry. Story Pair Three: A. Anne (Scott) is playing on the wall near her (his) house. She (he) is not supposed to play there because it is very dangerous to climb on the wall. But Anne (Scott) goes ahead and climbs to the top of the wall. She (he) slips and bruises her (his) knee. B. Barbara (Trevor) climbs up a very tall tree to help her (his) kitten get down. She (he) reaches the kitten and helps her get down. But as she (he) climbs down, a branch of the tree breaks and Barbara (Trevor) falls to the ground. She (he) breaks a leg. 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