Friday, November 29, 2019
Monday, November 25, 2019
The Personality of Jane Eyre Essays
The Personality of Jane Eyre Essays The Personality of Jane Eyre Paper The Personality of Jane Eyre Paper Essay Topic: Jane Eyre Jane Ere was an exceptionally strong, intelligent, and independent woman for her time. She was extremely well educated and worked hard to become more so by studying on her own and teaching herself by reading books. She stood up for herself and what she believed in and always spoke her mind. She always did what she believed in even if that meant having to leave the men she loved. She willfully dragged herself through hell and back Just to uphold her values. Very few women who lived during the Victorian Age could do what she did. Jane Ere proposed the Idea of being sent to a boarding school and works extremely hard at Elwood despite unhealthy mental and physical living conditions. She was so educated that she went on to become a teacher and private governess. During her free time Jane read many books to further her learning. She proceeded to also teach herself German. This showed how much she valued education not Just marrying Into a rich family and being a lady Like most woman of the Victorian age. She always learned things quickly because she always tried her hardest. Because Jane Ere was so well educated she always spoke her mind. She never hid her feelings or tried to cover up what she was thinking. If someone asked what she thought she said the exact truth, such as when Mr.. Rochester asked if she thought he was handsome l should, if I had deliberated, have replied to this question by something conventionally vague and polite; but the answer somehow slipped from my tongue before I was awareNo, sir. Even though she ran the risk of insulting her employer shed rather tell the truth then lie. She had real, intelligent opinions about matters and made sure others knew them on a umber of times such as when talking to SST. John about Ms. Oliver. When they were discussing the picture Jane had painted of her, Jane said, As far as I can see, it would be wiser and more Judicious if you were to take to yourself the original at once. Many people respected this aspect of her personality. She had values that she always made sure to uphold and one of those was not to lie about what you were thinking and how you felt. Two other values of Canes were only to marry someone for love, and not to stay with a married man. The reason she would not marry SST. John was because he didnt and couldnt love her. The only reason he wanted to marry her was because he wanted to take her to India to work with her doing charity work. He thought that taking a young unmarried woman with him would be unacceptable but really wanted Jane to come with him. He felt the only way to get around this was to marry her. To him it was only business, but Jane could only marry for love. Although Jane loved Mr.. Rochester she couldnt marry him because of the third value, not to stay with a married man. She loved Mr.. Rochester very much, more then anyone else, but until the end of the book when his wife dies she refuses to stay with him, Many women in the Victorian age would never give up the love of a wealthy man, especially one as rich as Mr.. Rochester. But Jane, as difficult as It was for her, walked away and started over. This took tremendous courage and strength on her part. To walk away from a person you love and who loves you Is one of the most difficult things for anyone to do. Jane stuck to her values to the very end. This also takes extreme strength. Jane Ere was a woman won possessed strong morals Ana values Ana always stuck to what she believed in. She passed up two marriages to do what she thought was right. Most women during the Victorian Age lived to be married. She made sure she was as educated as she could be and was always open to learning new things. She always spoke her mind and never hid what she was feeling. She displayed wonderful personality traits that were uncommon for women of her time period and more resembled a present day female. She was independent and truly her own woman.
Thursday, November 21, 2019
International Business today Essay Example | Topics and Well Written Essays - 3500 words
International Business today - Essay Example Employers and even senior management staff have lost their jobs. There is less credit available in the market today and many businesses are suffering. The world is experiencing a serious economic recession (Petrov, 2008). The origin of the crisis is complex. Several forces have interacted and resulted in this situation. While the exact causes of the economic crisis may be debatable, most economic experts such as Jeffrey Stoffer are of the opinion that the most significant cause is the collapse of housing bubble in the United States. What happened is that the prices of the houses were far above the expected returns on the houses at the time of purchase .The problem has spread from the United States of America to the rest of the world. This is an opinion that has come to be accepted by most players in the world economy (Pinyo, 2008). In the United States, there was high investment in real estate. Many individuals in the United States bought homes. Banks encouraged individuals to buy homes. Some of these people could not afford homes so mortgages were offered even to those who were likely to default from payment. Those who already owned homes saw the value of their homes rise and rise. They tapped into the equity and purchased many consumer goods. Mortgage system was uprooted from commercial banks and transplanted into investment houses. Shares of the investment banks sold to investor in the stock market. Investors, both domestic and international, made money off the interest paid by the original borrowers. Banks encouraged more and more people to buy homes and credit credentials were not properly scrutinized. Some banks even gave out loans to those who could not afford to acquire these assets. The individuals who bought homes used them as collateral to acquire further credit. Since the houses were overpriced, stock prices became higher and higher. This increase in prices led to further investment as investor confidence grew. Financial models projected stability in the future and the real estate business was booming. This however was not to last very long. The interest rates charged on the mortgages increased. As the interested rates mortgages shifted upwards, most of the mortgagees could not afford to pay, they therefore defaulted. This was to mark the beginning of the serious problems to come. Banks were not able to foresee what was to come and did not change. Even though many individuals defaulted from payment, many banks continued to bundle mortgages which were eventually sold to investors. The banks simply took back the homes and put them in the market to be resold to other individuals. Financial statements from banks indicated that they were doing well and stocks continued to sore. Housing prices jumped and increased rapidly and steadily. With time some borrowers lost their jobs and an increasing number defaulted from payment. As a consequence housing prices went down and many the bank loans became bad. The banks therefore sought to get rid of the loans by dumping them on the market. Fortunately or unfortunately the stockholders found out about the bad loans
Wednesday, November 20, 2019
War in Syria Essay Example | Topics and Well Written Essays - 1500 words
War in Syria - Essay Example The uprising is believed to be caused by dictatorship, corruption and human rights violations among other grievances (Rosiny, 2). Syrian war is a prolonged conflict that is currently taking place in Syria between the military and those opposed to the regime of Baaââ¬â¢thist government led by Bashar al-Assad. It started during the Arab spring. Syrian Arab republic was established in 1920 as a French colony in Western Asia. It has its headquarters in Damascus. The country borders Israel, Turkey, Lebanon, Iraq and the Mediterranean Sea. At the time of the Arab spring Syrian president Bashar al Assad enjoyed a relatively good support from the citizens. Bashar al Assad took the reign of power from his father, Hafez al- Assad in 2000 when the father died. Hafez became president in 1970 through a coup de tat. After taking power, Hafez set up an authoritarian regime that didnââ¬â¢t tolerate activities of the Muslim brotherhood which was the main opposition to the ruling regime at that time. He encouraged the idea of divide and rule. He enjoyed the support of the Sunni Arabs who made up almost 60% of the entire Syrian population and that of Christians. He also had the support of his minority group of the Alawis. He excluded those who were perceived not to be in support of his policies like the Kurds. When his son took power in 2000, he introduced political and economical reform measures in Syria. He released scores of political prisoners and initiated a number of economic reforms that made him popular with the people. According to Assad Al-Saleh (2014), the period known as the Damascus spring which was during the earlier days of Bashar al- Assad tenure in office shows that the opposition and political activities were tolerated. But this did not last for long. Bashar al Assad regime was characterized by corruption and alienated other communities. The regime was also oppressive and arrested opposition leaders. The people
Monday, November 18, 2019
Mac vs. PC Essay Example | Topics and Well Written Essays - 500 words
Mac vs. PC - Essay Example Because of the two different models of manufacture, each type of computer, Macintosh and PC, has its strengths and weaknesses. Since Apple controls every level of the manufacture of Macs, one of the positives of the platform is that there is a high level of quality control. Also, since Apple designs the hardware to run their software exclusively, the Mac operating system is very stable. Because PC manufacturers are unsure what operating system (OS) their user will purchase, they are unable to design a system solely for a single OS. The result is that, whatever OS the user chooses for their PC, it will likely not be as stable as the Mac OS. Also, since PC manufacturers source their hardware from other suppliers whom they do not control, the level of quality is not always as high as a Mac. One of the drawbacks to Appleââ¬â¢s level of control is that they employ many proprietary technologies. These technologies often require the user to purchase specialty products from Apple in order to perform tasks that PCs can accomplish with generic products. One example of this situation is in the way Macs and PCs connect to external displays. PCs, because they are produced by so many different manufacturers, rely upon international standards for technologies. For external displays, PCs typically use HDMI connections. Apple, however, does not follow the international standards. In order for a Mac user to connect to an external display, he must purchase a special cable available only from Apple instead of a standard HDMI cable. The result is that the Mac user must spend more money to accomplish a task because the proprietary technology is more expensive than the standard technology. Another drawback to Appleââ¬â¢s approach is that the level of customizability of the Mac is generally much lower than that of a PC. A Macintosh computer typically comes from the factory with nearly maximum performance. Apple provides very little
Saturday, November 16, 2019
IMC Plan for JK Tyre Industry
IMC Plan for JK Tyre Industry Tyre Industry in India Introduction: Tyre (or tyre in British English) is a ring-shaped covering that fits around a wheel to protect it and enable better vehicle performance by providing a flexible cushion that absorbs shock while keeping the wheel in close contact with the ground. The word itself is derived from the word attire, referring to the dressing of the wheel. The fundamental materials of modern tires are rubber and fabric along with other compound chemicals. Their constructive make-up consists of the tread and the body. The tread provides traction while the body ensures support. Before rubber was invented, the first versions of tires were simply bands of metal that fit around wooden wheels in order to prevent wear and tear. The most recent and popular type of tire is pneumatic, pertaining to a fitted rubber based ring that is used as an inflatable cushion and generally filled with compressed air. Pneumatic tires are used on many types of vehicles, such as bicycles, motorcycles, cars, trucks, earthmovers, and aircraft. Technology generation in the Indian tyre industry has witnessed a fair amount of expertise and versatility to absorb, adapt and modify international technology to suit Indian conditions. This is reflected in the swift technology progression from cotton (reinforcement) carcass to high-performance radial tyres in a span of four decades. Globalization has led to the linking of the economies of all the nations and therefore major Indian players in the tyre industry are pursuing global strategies to enhance their competitiveness in world markets. The present section broadly undertakes an overview of the Indian tyre industry through an examination of its growth trends with respect to production, exports and acquisition of technological capabilities. TYRE INDUSTRY SCENARIO Indian Tyre Industry can be globally competitive on a level playing field Robust growth in the economic activity in various sectors of the economy as well as in the Surface Trans- port sector and renewed thrust in the infrastructural spends continued to be growth drivers for the Tyre Industry. The reduction in excise duty from 24% to 16% was a welcome move, The completion of Golden Quadri- lateral and North- South and East-West corridor projects will further boost the Automobile sector. This augurs well for the Indian tyre industry. While the demand continues to be buoyant, rising input costs in general and petro-based raw materials in particular is a matter of concern. During the year, the Tyre Industry faced pressure on margins on account of imbalances in the cost increases and tyre prices. There are significant deficiencies in the infrastructure and its cost thereof vis-a-vis the global one thus putting the Indian Industry in a disadvantageous position. While the reduction in the import tariffs is a step in right direction, it needs to be calibrated with the development of infrastructure in the country. Key Features: there are 40 listed companies in the tyre sector in India. Major players are MRF, JK Tyres, and Apollo Tyres CEAT, which account for 63 per cent of the organized tyre market. The other key players include Modi Rubber, Kesoram Industries and Goodyear India, with 11 per cent, 7 per cent and 6 per cent share respectively. Dunlop, Falcon, Tyre Corporation of India Limited (TCIL), TVS-Srichakra, Metro Tyres and Balkrishna Tyres are some of the other significant players in the industry. While the tyre industry is largely dominated by the organized sector, the unorganized sector is predominant with respect to bicycle tyres. The industry is a major consumer of the domestic rubber market. Natural rubber constitutes 80% while synthetic rubber constitutes only 20% of the material content in Indian tyres. Interestingly, world-wide, the proportion of natural to synthetic rubber in tyres is 30:70 The sector is raw-material intensive, with raw material accounting for 70% of the total costs of production Total production s in tonnage: 11.35 lakh MT total production of tyres in all categories: 811 lakh (2007-08) Current level of radialization includes 95% for all passenger car tyres, 12% for light commercial vehicles and 3% for heavy vehicles (truck and bus) Restrictions were placed on import of used /retreaded tyres since April 2006 Import of new tyres tubes is freely allowed, except for radial tyres in the truck/bus segment which has been placed in the restricted list since November 2008 Total value of tyre exports form India is approximately Rs 3000 crore (2007-08) The major factors affecting the demand for tyres include the level of industrial activity, availability and cost of credit, transportation volumes and network of roads, execution of vehicle loading rules, radialization, retreading and exports. The tyre technology upgradation is an extremely difficult process, particularly in the Indian scenario, due to several factors. First, since tyre technology encompasses various disciplines such as polymer, chemical, steel etc. compromises have to be made in the upgradation of technology because of a) the conflict and complimentarity inherent in these disciplines, b) the usage pattern of the tyres and c) the cost factor. Further, a tyres performance could be affected due to factors such as the weather, loading pattern etc. Despite these bottlenecks technology upgradation in Indian tyre industry during the last few decades has been significant. This has been possible to some extent due to government approvals of collaborations with MNCs in this sector. The emphasis given by Indian tyre companies to applied research, the setting up of well-equipped in house RD centres by large tyre companies, manned by experts and experienced professionals have also helped in technology upgradation. Ind ian tyre technology has exhibited versatility in maintaining inflow of technology through foreign collaborations and tailoring the same to Indian needs. Automation: The production system in the Indian tyre industry has been traditionally very labour intensive. The automation of manufacturing processes has increased gradually, which has slashed the size of the workforce to a considerable degree and has effected a change in its composition. The degree of automation has been greater in the area of radial technology, while cross ply technology is still labour intensive. The firms have been resorting to automation in order to tackle problems related to labour unionization and indiscipline in the sector. The rationale provided by the firms for the increasing drive towards automation of the manufacturing facilities has been that high quality and uniformity of the final product usually cannot be guaranteed with a labour intensive process. (Iyer Upadhyay 2008). New Policy Initiatives The tyre industry in India has had to grapple with raw material price volatility, rupee appreciation and cheap Chinese imports. In this connection, some of the recent initiatives by the government to facilitate the growth of the sector include: No WTO bound rates for Tyres and Tubes No restrictions on the import of all raw materials required for tyre manufacture except carbon black, which has been placed in the restricted list Increasing thrust on development of road infrastructure The Marketing Communications Mix A companys total marketing communications mix, or promotion mix, consists of the specific blend of advertising, personal selling, sales promotion, and public relations tools that the company uses to pursue its advertising and marketing objectives. The five major types of promotion are: Advertising: Any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor. Personal selling: Personal presentation by the firms sales force to make sales and build customer relationships. Sales promotion: Short-term incentives to encourage the purchase or sale of a product or service. Public relations: Building good relations with the companys publics by obtain- ing favourable publicity, building up a good ââ¬Å"corporate image,â⬠and handling or heading off unfavourable rumours, stories, and events. Direct marketing: Direct communications with carefully targeted individualconsumers to obtain an immediate responseââ¬âthe use of mail, telephone, fax, e-mail, and other non-personal tools to communicate directly with specific consumers or to solicit a direct response. Each type of promotion has its own tools. Advertising includes print, broadcast, outdoor, and other forms. Personal selling includes sales presentations, tradeshows, and incentive programs. Sales promotion includes point-of-purchase displays, premiums, discounts, coupons, specialty advertising, and demonstrations. Direct marketing includes catalogues, telemarketing, fax transmissions, and the Internet. Thanks to technological breakthroughs, marketers can now communicate through traditional media (newspapers, radio, telephone, and television), as well as its newer forms (fax machines, cellular phones, pagers, and computers). These new technologies have encouraged more companies to move from mass communication to more targeted communication and one-on-one dialogue. At the same time, communication goes beyond these specific promotion tools. The products design, its price, the shape and colour of its package, and the stores that sell itââ¬âall communicate something to buyers. Thus, although the promotion mix is the companys primary communication activity, the entire marketing mix promotion and product, price, and place must be coordinated for greatest. Over the past years, tyre companies around the world perfected the art of mass marketing ââ¬âselling highly standardized products to masses of customers. In the process, they developed effective mass-media advertising techniques to support their mass-marketing strategies. These companies routinely invested millions of dollars in the mass media, reaching tens of millions of customers with a single ad. However, as we move into the twenty-first century, marketing managers face some new marketing communications realities. The ChangingCommunications Environment There are two major factors are changing the face of todays marketing communications. 1. As mass markets have fragmented, marketers are shifting away from mass marketing and developing focused marketing programs, designed to build closer relationships with customers in more narrowly defined micromarkets. 2. Astimprovements in information technology are speed- ing the movement toward segmented marketing marketing. Todays information technology helps marketers to keep closer track of customer needsââ¬âmore information about consumers at the individual and household levels is available than ever before. New technologies also provide new communications avenues for reaching smaller customer segments with more tailored messages. The shift from mass marketing to segmented marketing has had a dramatic impact on marketing communications. Just as mass marketing gave rise to a new generation of mass-media communications, the shift toward one-on-one marketing is spawning a new generation of more specialized and highly targeted communications efforts.3 Given this new communications environment, marketers must rethink the roles of various media and promotion mix tools. Mass-media advertising has long dominated the promotion mixes of consumer product companies. However, although television, magazines, and other mass media remain very important, their dominance is now declining. Market fragmentation has resulted in media fragmentation into more focused media that better match todays targeting strategies. For example, in 1975, what were the three major US TV networks (ABC, CBS, and NBC) attracted 82 percent of the 24-hour viewing audience. By 1995, that number had dropped to only 35 percent, as cable television and sat ellite broad- casting systems offered advertisers dozens or even hundreds of alternative channels, which reachsmaller, specialized audiences. Its expected to dropeven further, down to 25 percent by the year 2005. The few mass magazines of the mid-twentieth century have been replaced by thousands of special-interest magazines. HMF alone publishes these and more than 20 other magazines reaching 17 different markets and more than 47 million readers, not to mention a wide range of online, broadcast, outdoor, and other media. focused audiences. Beyond these channels, advertisers are making increased use of new, highly targeted media, ranging from video screens on supermarket shopping carts to CD-ROM catalogues and Web sites on the Internet.4 More generally, advertising appears to be giving way to other elements of the promotion mix. In the glory days of mass marketing, consumer product companies spent the lions share of their promotion budgets on mass-media advertising. Now a days, media advertising captures only about 26 percent of total promotion spending.5 The rest goes to various sales promotion activities, which can be focused more effectively on individual consumer and trade segments. Marketers are using a richer variety of focused communication tools in an effort to reach their diverse target markets. In all, companies are doing less broadcasting and more narrow casting. The Need for Integrated Marketing Communications The shift from mass marketing to targeted marketing, with its corresponding use of a richer mixture of communication channels and promotion tools, poses a problem for marketers. Consumers are being exposed to a greater variety of marketing communications from and about the company from an array of sources. However, customers dont distinguish between message sources the way marketers do. In the consumers mind, advertising messages from different mediaââ¬âsuch as television, magazines, or online sourcesââ¬âblur into one. Messages delivered via different promotional approachesââ¬âsuch as advertising, personal selling, sales promotion, pub- lic relations, or direct marketing ââ¬âall become part of a single message about the company. Conflicting messages from these different sources can result in confused company images and brand positions. All too often, companies fail to integrate their various communications channels. The result is a hodgepodge of communications to cons umers. Mass advertisements say one thing, a price promotion sends a different signal, a product label creates still another message, company sales literature says something altogether different, and the companys Web site seems out of sync with everything else. The problem is that these communications often come from different company sources. The advertising department or advertising agency plans and implements advertising messages. Sales management develops personal selling communications. Other functional specialists are responsible for public relations, sales promotion, direct marketing, online sites, and other forms of marketing communications. Such functional separation has recently become a major problem for many companies and their Internet communications activities, which are often split off into sepa- rate organizational units. ââ¬Å"These new, forward-looking, high-tech functional groups, whether they exist as part of an established organization or as a separate new business operation, commonly are located in separate space, apart from the traditional operation,â⬠observes one integrated marketing communications expert.ââ¬Å"They generally are populated by young, enthusiastic, technologically proficient people with a burning desire to ââ¬Ëchange the world,â⬠he adds, but ââ¬Å"the separation and the lack of cooperation and cohesionâ⬠can be a disintegrating force in marketing communications In the past, no one person was responsible for th inking through the communication roles of the various promotion tools and coordinating the promotion mix. Today, however, many companies are adopting the concept of integrated marketing communications (IMC). The company carefully integrates and coordinates its many communications channels to deliver a clear, consistent, and compelling message about the organization and its products.6 As one marketing executive puts it, ââ¬Å"IMC builds a strong brand identity in the marketplace by tying together and reinforcing all your images and messages. IMC means that all your corporate messages, positioning and images, and identity are coordinated across all [marketing communications] venues. It means that your PR materials say the same thing as your direct mail campaign, and your advertising has the same ââ¬Ëlook and feel as your Web site.â⬠7 The IMC solution calls for recognizing all contactints at which the customer may encounter the company, its products, and its brands. Each brand contact will deliver a message, whether good, bad, or indifferent. The company must strive to deliver a consistent and positive message at all contact points. To help implement IMC, some companies appoint a m arketing communications director, or marcom manager, who has overall responsibility for the companys communications efforts. Compaq Canada, for example, has a vice-president of integrated marketing communications. IMC produces better communications consistency and greater sales impact. It places the responsibility in someones handsââ¬âwhere none existed beforeââ¬âto unify the companys image as it is shaped by thousands of company activities. It leads to a total marketing communication strategy aimed at showing how the company and its products can help customers solve their problems. J. K. Industries Ltd. J.K. industries achieved yet another milestone and the turnover touched an all time high of Rs. 2,400 crores during the year. Operating Profit for the year was Rs. 132 crores and after providing for cost of borrowings, depreciation and taxation, Profit After Tax is Rs. 17 crores as against Rs. 12 crores in the previous year. There has been a sharp increase in input costs in view of increase in the prices of petro-based raw materials. Commensurate increase in the selling prices of tyres could not be made thereby affecting margins. It is a matter of concern that this overhang of increase in input costs continued throughout the year. The Company has been trying to meet this difficult situation by adopting various measures including aggressive cost cutting, business process improvements, product re-engineering as also enrichment of product and market mix. The Company has also renegotiated the rates of interest on existing term loans. As a result, interest cost in the current year is expe cted to witness a significant reduction. Completion of expansion resulting in increased capacities coupled with aforesaid steps, is expected to result in improvement in the margins in coming year. APPROPRIATIONS The amount available for appropriation, including surplus from previous years and debenture redemption reserve no longer required, is Rs. 57.81 crores. The Directors propose this to be appropriated as under: Rs. Crores Debenture Redemption Reserve 5.99 General Reserve 1 .75 Dividend 7.49 Corporate Dividend Tax 1.05 Surplus carried to Balance Sheet 41 .53 DIVIDEND Company are pleased to recommend dividend of 20 % (Rs. 2 per Equity Share) on the Equity Share Capital of Rs. 37.46 crores. The dividend outgo will be Rs. 8.54 crores (inclusive of dividend tax of Rs. 1.05 crores) as against Rs. 8.47 crores (inclusive of dividend tax of Rs. 0.98 crores) in the previous year. The dividend in the hands of the shareholders is tax free. SUSTAINED LEADERSHIP AND GROWTH Quality Excellence The Company continues to play a leading role in the Tyre Industry in India. During the year, production increased to 57.74 lac tyres compared to 55.62 lac tyres achieved last year. All the four Tyre Plants of the Company operated at optimum capacities producing world class quality tyres. CUSTOMER FIRST If is a matter of great pride that your Company has been ranked No.1 in the Tire Customer Satisfaction Index Study conducted by J D Power Asia Pacific 2005 India. Company acknowledge the support of all its valued customers in attaining the leadership position in the Tyre Industry in India. JK Tyre continues to be Indias only Tyre Superbrand. It reinforces our belief of putting the customer first in all our endeavours. TRUCK/BUS RADIAL TYRES Production GraphDuring the year, your Company achieved yet another milestone and rolled out One Millionth All Steel Truck/Bus Radial Tyre. The Company has produced radial truck/bus tyres of the value of more than Rs.1,000 crores so for and has been exporting the same to several global markets. Your Company continues to produce more than 80% of Indias All Steel Truck/Bus Radial Tyres. The expansion of capacity of Truck/Bus Radials by 50% was completed and has now become operative. This would allow the Company to continue its leadership role in this vital growth area and meet Indias growing demand for Radial Truck Tyres. Innovative Promotion and Concept Selling marketing strategy helped the Company to accelerate the use of Truck/Bus Radial Tyres in the country. With renewed thrust on the improvement and enlarging road network and highways, the pace of radialization shall pick up in the years ahead. Increasing number of buses are being fitted with radials and with the increased road movement as a result of better road quality and network, radials will find application on larger number of buses. Plans are well under way to further expand the capacities to meet the demand for accelerated radialization. EXPANSION In addition to expansion of the truck radial capacity as mentioned above, the passenger radial capacity expansion by 30% has nearly been completed. The benefits of both these enhanced capacities will be available in the coming year. To meet the surge in demand for the Companys tyres as also maintaining our leadership in the Tyre Industry, further capacity expansion is planned. Exports GraphEXPORTS Your Company continues to be the lead exporter of tyres from India. During the year, exports increased to Rs. 383 crores. The Company has developed an extensive global marketing net- work and its tyres are sold in 60 countries across 6 continents. JK Tyre is a preferred brand in several leading global markets. This is yet another recognition of the Companys world class quality tyres. HUMAN CAPITAL The Company believes that human resources are key to the success of business. It has been taking several steps to enhance employee skills through training development, empowerment and nurturing talent. In recent years, major initiatives on Competency based Leadership Development and Business Process Re-engineering were taken up which have yielded excellent results. JK TYRE -MARKET LEADER Production during the year touched a high of 57.74 lac tyres against 55.62 lac tyres last year. All the 4 Tyre Plants of the Company worked at the optimum capacities at high operational efficiency levels, producing world- class quality tyres. During the year, the Company achieved yet another land mark of being ranked No.1 in the Tyre Customer Satisfaction Index Study conducted by J D Power Asia Pacific 2005 India -a distinct customer satisfaction endorsement of your Companys products. This has reinforced our market leadership. It is indeed a matter of great pride and satisfaction that JK Tyre has received the most coveted recognition of Superbrand and now No.1 ranking in the Customer Satisfaction. This, more than amply demonstrates the Companys commitment to its customers and its leadership in the Indian Tyre market. COMMERCIAL TYRE SEGEMENT The segment constitutes Bus, Truck and LCV tyres. Their efforts have been to not only meet customer expectations but also to give the very best in quality and performance driven products. During the year, Company made new offerings and introduced various tyres, the principal ones being Jet Xtra, Jet Rock and Jet Star for segment specific Bias Truck applications. Nine new tyres were introduced for LCVs for different usage and road conditions. The Company continued to establish great focus on customers through customer contact programmes in LCV tyres and also by partnering the fleet program of Indian Oil Corporation. Training camps were organized to create awareness amongst tyre fitters by organizing Master Tyre Fitter Programmes a first in the industry. AIDS awareness programme was launched amongst Truck Drivers to educate them for prevention and care of this deadly disease. TRUCK RADIALS Companys initiative of introducing all Steel Truck Radial tyres in India have started yielding results and the roll out of the millionth tyre at the most modern plant at Mysore in July 05 is a testimony to the far sighted vision of your company. Company is not only the No.1 truck radial manufacturer, but is a dominant leader in the market with more than 80% market share. New products and sizes of tyres were introduced in the market which received excellent consumer acceptance. JK Tyre Truck/Bus Radial Tyres are gaining increased fitment by Original Equipment Manufacturers. Customers education and participative involvement with end users has taken shape under the Unique Fleet Management Programme. Dedicated personnel have been attached to the fleets to enable them to fully realize the benefits of usage of radials. The Tyre Care Center Network along prominent highways continues to provide round the clock service to truck/bus operators. Your Company is able to see the rapidly growing pace of radialisation moving from current levels of approximately 2% to 5% in the immediate future to 10% in next 5 years. Expansion of capacity by 50% will help maintain companys leaderships in domestic market as also service its export to sophisticated markets across the globe. CAR TYRES During the year under review, your Company continued its thrust on partnering growth with OEM Customers. Various consumer oriented activities such, as Zip and Sip offer, participation in Indian Oil Extra Rewards programme and Monsoon Protection offer were undertaken to strengthen bondage with customers. Product aesthetics, introduction of newer range, addressing product requirement across different types of cars continued to be important focus areas for radial car tyre segment. Various new sizes and patterns such as Vectra and Zephyr for car radials were introduced for the new models launched by the auto manufacturers. Through relentless efforts, the Company achieved Unique Distinction of being ranked No.1 in Customer Satisfaction by JD Power Asia Pacific, a world leader in assessing customer satisfaction in the automotive segment. Expansion in capacity by 30% shall enable the company to increase its participation in replacement as well as OE segments. STEEL WHEELS At the forefront of all car consumer-reach programs has been the Steel Wheels retail network as an important Customer Interface touch point. This year, Steel Wheels played a significant role creating awareness on tubeless tyres usage. Over hundred outlets across the country cater thousands of customers with value added services including wheel alignment, wheel balancing and automated tyre changer apart from providing ready guide on tyre care in a pleasant ambience. ORIGNAL EQUIPMENT MANUFACURERS(OEMS) India is fast emerging as a global automotive hub. The Automotive industry is maturing and New Models being introduced at a rapid pace is a challenge for the tyre industry. It is our privilege to be a major business partner to highly prestigious OEM manufacturers with increased share of Business both in Commercial as well as Passenger categories. It may be recalled that JK Tyre product development group was entrusted with the task of developing tyres for Maruti Udyogs New Generation Global Car. It is heartening that during the year, JK Tyre was listed as a single source vendor for Maruti Swift Car, Mahindra and Mahindra Ltd. selected your Company for supplying specially developed ELANZO tyres for their luxury Scorpio vehicle. OFF THE ROAD TYRE(OTR) Your Company has put renewed thrust on development of OTR Tyre business. Both production and sales increased by various folds in the last four years with JK Tyre OTRs attaining improved market share. Continued thrust on development of new sizes of products has helped the company to emerge as the best in class in the domestic replacement market. MOTOR SPORTS JK Tyre has been successful in promoting motor sports in India during the last more than 10 years and has being pursuing the task of nurturing talented drivers to achieve greater heights for their recognition at various platforms in domestic racing championships as well as international arena Narain Karthikeyan -JK Tyre Prodigy became the first ever Indian Formula- 1 Racing Driver. Karun Chandhok and Armaan Ebrahim became A-l drivers with Armaan becoming a success in Formula BMW Asia. The Company organized 5th National Karting Championship and Racing Championship during the year. The Company also participated in Dubai Endurance Test and now re-entered National Rallying with great elan and success. GLOBAL PRESENCE Being the largest tyre exporter, your Company accounted for over 30% of total tyre export from India during the year, with export turnover of Rs. 383 crores. It was made possible mainly by the continued thrust on strengthening international network and building JK Tyre brand in the overseas markets. Your Company continues to operate through an extensive distribution network spread across 60 countries over 6 continents. The company is enhancing outsourcing activities from China for international and for Chinese markets in its own brands. It is a matter of pride that JK Tyre and Vikrant Tyre brands are rated amongst premium brands in highly quality conscious global bias tyre markets. TECHNOLOGY Being a pioneer of Radial Technology in India, Company continues its zeal to maintain Technology Leadership. It has established many firsts in the areas of Technology in the past and has further accelerated this pace through extensive in-house Research and Development activity as well as through adoption of latest technology from its collaborator, Continental AG, Germany -the 4th largest Tyre Company in the world. The fact that SWIFT -a new world class model of Suzuki has only JK Tyre as its 100% supplier, is yet another endorsement of Companys leadership in Technology. JK Tyre is the first Indian Company to commercialize V rated (speed rating of 240 kms/hour) Passenger Radial tyres. HASETRI (Hari Shankar Singhania Elastomer Tyre Research Institute),. an independent institute dedicated to Elastomer and Tyre research, promoted by your company is driving companys Technological advancement. HASETRI is a Scientific and Industrial Research Organization (SIRO) and besides up- grading the facilities, infrastructure and manpower capabilities, is working jointly with Technology team of the Company to come out with new and advanced products. Towards this endeavour, HASETRI is not only benchmarking technological capabilities, but also collaborating with various National and International academic institutes. The Company has also established a Centre of Excellence for Tyre and Vehicle Mechanics in IIT, Chennai for latest computational system, which is the first such Centre in this field for tyre vehicle dynamics technology. This idea has been well appreciated by Automotive companies as it aims to develop superior products for Indian Automobiles. With this strength and Technology Leadership initiatives, customers
Wednesday, November 13, 2019
An Open Mind is a Prerequisite for Learning :: Personal Narrative Essay Example
An Open Mind is a Prerequisite for Learning The difference between comfort and open-mindedness is the difference between cowardliness and truthfulness. The mind that is open is open to the truth, whereas the close mind invents whatever truth it is comfortable with, so that it may persist in its delusions. To be truly open-minded, we must renounce the religion of our parents, and deny our cherished beliefs. Comfort is seduction. Better it is to suffer the pains of uncertainty, and the insanity of lost identity, so that we might open our minds to a firmer foundation, a deeper truth. Close-mindedness is afraid of reality. We need reality. Therefore, close-mindedness is a form of death worship. It denies our needs. Open-mindedness allows us to embrace the alien and discover what others will not discover. The distinction is between fear and love; life and death. Close mindedness is not a label for people who are not knowledgeable. That is what we call ignorance. Close-mindedness is willful ignorance, the unwillingness to see what is before them, and the unwillingness to see it for what it is. Close-mindedness is a form of dishonesty and fear. So yes, the position of the open minded is so right, for they are also open to criticism, and so they will have the greatest chance of being right. Any evidence they can get, they do get. Wisdom rejoices in rebuke. So to do the open minded consider insults, criticisms, and rejoinders very carefully. A close-minded person will consider an insult. He will not entertain the notion that he is wrong. Given that we are all wrong on some issue at all times, the close-minded man makes this chronic. He is stuck in infancy. As for your argument that close-minded people are better able to act, because they are sure, you are making the assumption that open-minded people are paralyzed by their acknowledgement of uncertainty. Far from it. Where the close-minded are comfortable with self-certainty, the open-minded are comfortable with uncertainty. They enjoy the instability of growth, which gives greater stability as they mature. You said there is no greater benefit then life then to be sure of your position. This is only true if your position is correct. If you are sure there is no hell, but there is one, your so-called benefit is your doom. Only the open minded have the right to be sure about any matter, for their knowledge is based on critical thinking, vigorous analysis, thorough questioning, and the consideration of positive and negative evidence.
Monday, November 11, 2019
Mankind is nah island Essay
The dynamic concept, belonging, is highly influenced by social marginalisation as individuals develop a sense of displacement amongst the dominant culture. Vangenderonââ¬â¢s, ââ¬ËMankind Is No Islandââ¬â¢, utilises film techniques, mise-en-scene and literary devices to explore the intangible concept of belonging. A sense of affiliation is established through the absence of belonging amongst the subjects of homelessness in two iconic cities, New York and Sydney. Representation All representation is subjective and incomplete. It allows us to understand an issue from a range of perspectives. The consideration of a variety of perspectives is necessary to developing a genuine understanding of an issue. Language is used to articulate, our particular perspective on an issue. The productive tension between the texts we have studied demonstrate how conflicting perspectives allow audiences to fully understand the complexity of representations. Appreciating that no single perspective contains the ââ¬Ëtruthââ¬â¢ allows us to value the unique contribution of each perspective. When preparing drafts: ââ¬â Start with an idea that allows for growth in multiple directions ââ¬â Choose one of those paths & stick to it ââ¬â Allow yourself to end an idea then start again with new direction. Drafting strategies ââ¬â Rewrite sections of your story that seem to be wasted. ââ¬â Have a list of multiple next ââ¬Ëmovesââ¬â¢ to choose from ââ¬â When stuck do some research of the topic ââ¬â Work on the structure of the story. Intro ââ¬â Answer the question -> INDICATE 2 ISSUES ââ¬â Elaborate stance ââ¬â outline issues further. ââ¬â Clarify stance if you have made an overall assessment i.e. the effectiveness of Australian legal system. ââ¬â Link back to question, reiterate stance/direction Note: Maximum clarity Body 1* ââ¬â Issue #1 Legal Response. Body 2 ââ¬â Issue #1 Non-legal response. Body 3 ââ¬â Issue #2 Legal Response. Body 4 ââ¬â Issue #2 Non-legal response. Conclusion * Topic sentence: Introduce focus of paragraph [your point] Prove: ââ¬â Elaborate, clarify ââ¬â Discuss example ââ¬â legislatiom, stas, cases, keywords, key terminolotiy, quotes, related to this topic ââ¬â Evaluation ââ¬â reiterate what this evidence proves ââ¬â Link ââ¬â > main argument.
Friday, November 8, 2019
Computers vs typewriters essays
Computers vs typewriters essays Technology has made a great change with the developing of computers. Computers are the most used media in almost every business throughout the world, however, many business still use typewriters. Computers and typewriters have many differences and many similarities in technology; however, computers are more efficient than typewriters. First of all, I will write the similarities and difference of the appearance. The computer has a screen and the typewriter doesn't. The screen makes it easier to read what you are writing this is a benefit the computers have. The typewriter is smaller than the computer, this makes it convenient to store and the find room to use it. The computer takes more room and it is harder to store whenever you don't have enough room. The computer has to have a printer plugged in to be able to print. The typewriter doesn't need a printer you just need to put a paper and it is easier to print than waiting for it to come out. The computer's type board is attached be a cable and you can move it around to your conveniences, and the typewriter's keyboard is attached to it. They both have a keyboard with the same characteristics. The computer has speakers that make it an entertainment when you are working however; the typewriter in this point is more convenient because the music or noise doesn 't distract you. Both are use to type information. Next I will write about the different devices each one has, for instance both computer and typewriter need ink in order to be able to print. The typewriter needs a correction tape in order to be able to erase and the computer doesn't it is easier to go back and make any corrections. Computers have many formats and sizes and typewriters don't the just have the standard format and size. In a computer you can go to different files and programs and the typewriters don't. Both are very useful in many businesses for example, when it comes to fill out any paper work the typ...
Wednesday, November 6, 2019
We Were Soldiers Once and Young Essays
We Were Soldiers Once and Young Essays We Were Soldiers Once and Young Paper We Were Soldiers Once and Young Paper We Were Soldiers Once and Young is a history book written by LT. GEN. Harold G. Moore (RET. ) and Joseph L. Galloway. The history book is based on the Vietnam War, which took place in 1965. The Battle of Ia Drang was said that it was the battle that changed the war in Vietnam. The book is a tribute to all the soldiers in the war and for their great braveness, love, and care for one another. It was a bloody war, but very inspiring to read about the courageous soldiers who put their lives on the line for the United States of America. Lt. Col. Hal Moore, Maj. Bruce Snake Crandall, Sgt. Maj. Basil Plumley, 2nd Lt. Jack Geoghegan, were four of many soldiers who fought in the Vietnam War. Lt. Col. Hal Moore was a lieutenant general in the United States Army and a strong powerful leader. He was known for saying there is always one more thing you can do to increase your odds of success, meaning that when you think you are down and finished, you can still try something to save yourself or a fellow member of your own soldiers. You should never give up or feel defeated! Maj. Bruce Snake Crandall was also a leader by flying unarmed helicopters. He saved many lives by flying his helicopter into enemy territory. His years of service were from 1953-1977. Sgt. Maj. Basil Plumley was known to many soldiers as Old Iron Jaw. He was firm and an accomplished war veteran. 2nd Lt. Jack Geoghegan was an infantry lieutenant who did not make it through the war. While caring and trying to save a fellow member of his own squad he was killed. They believe the purpose of the war was to protect their country (United States of America) from the bad and help make the country a safer and better place. National policy is a broad course of action or statements of guidance adopted by the government at the national level in pursuit of national objectives. International policy is a set of goals outlining how the country will interact with other countries economically, politically, socially and militarily, and to a lesser extent, how the country will interact with non-state actors. Sometimes this is known as foreign policy. National policy was important to the soldiers because they believed in the purpose of the war and they were willing to defend their countries honor with their lives. The wartime lives of the soldiers who fought in the war were in a state of mind of mixed feelings. Happiness and devastating are two adjectives that can describe the soldierââ¬â¢s feelings in the war because at one second they can be happy that they succeeded on a mission, but on the other hand, it can be very devastating because one of their own soldiers could have been killed during the war. Aside from physical danger losing one of your own soldiers or having your family worry about you every day and night are some negatives and unpleasant parts about fighting in a war. For example, soldiers loved ones worried each day, and hoped that they would not get a knock on their door by someone who was going to tell them that their fathers, husbands, sons, or brothers have died in the war. Before I opened this book, I thought to myself that this was going to be a difficult and boring book to read. After the first twenty pages of reading, I was hooked on the book and started to find out more information page by page. It was interesting to me mostly because it was based upon facts that actually occurred during the Vietnam War. The one part of the book that I enjoyed most was towards the end of the book where they said how grateful they were for all the soldiers and people who participated in the war. I believe to remember the soldiers we should set aside a few minutes each day to thank the soldiers who are fighting or have fought for your country, is that best way to honor them. I recommend this book to all people even if you are not that interested in history. In my opinion, We Were Soldiers Once and Young is a must read because without the knowledge of past history in your country, you could be considered as ignorant. Moore, Harold G. , and Joseph L. Galloway. We Were Soldiers Once and Young: Ia Drang, the Battle That Changed the War in Vietnam. New York, NY: HarperTorch, 2002. Print.
Monday, November 4, 2019
The retail industry in China Essay Example | Topics and Well Written Essays - 1500 words
The retail industry in China - Essay Example f various consumer protection legislations like 1993 Chinese Consumer Protection Laws and others that have resulted in high bargaining power of consumer in the Chinese market (Zhuang, Herndon & Zhou, 2003, p.42). Bargaining Power of Suppliers In the past history Chinese suppliers had an edge over the retailer primarily due to legislative policies like the planned price based system. This helped the suppliers to have greater bargaining power. However with the abolition of this policy has led to suppliers in a situation of overstocking that has forced them to lower prices that has in turn heavily reduced the bargaining power of the suppliers. In addition to this the emergence of private label brands and supermarkets has also considerably dented the bargaining power of the suppliers. Hence it can be easily stated that the extent of this force in the Chinese retail industry is low (Zhuang, Herndon & Zhou, 2003, p.40-41). Threat of New Entrants The Chinese retail industry was initially hi ghly protected by the government that made it difficult for new players to enter the market, however with liberalization coming in a step by step manner, the entry barriers have decreased owning to smaller economies of scale in the retail industry. However, the coming up of international supermarkets has also threatened the existence of small individual retailers and has also increased the entry barriers for the new players (Bird et. al, n.d., p.44). Competition among the Existing Players The opening up of the Chinese economy and its liberalization has increased the number of competitors in the market. The emergence of international retailers has further increased the extent of the competition in the retail market. The figure below shows the list of top ten retail brands in the multi brand... According to the research findings the age of globalization has opened up a plethora of opportunities for business organizations operating in the present world. Globalization has rendered the entire world into a boundary less market with organizations trying to establish their presence in the market. The growth of free trade as well as emergence of developing economies like China and India also have opened up new vistas for firms trying to expand their business in the wake of saturation of the traditional markets of Europe and USA. However international expansion also involves considerable planning as there are considerable entry barriers in new markets as well as other forces that affect the business prospects of firms. The analysis of the Chinese retail market shows considerable advantage considering the rapid economic growth of the nation. The analysis of the five forces model reveals that the competitive landscape is very congenial for investing in the market. However certain ent ry barriers like government regulations can emerge as a considerable source of barrier for new foreign players to establish their presence in the market. However since the competitive landscape of the market has become extremely competitive hence, it has become somewhat difficult for new market payers and instantly grab the market share. The key lies in formulating an optimum service mix that can help in generating competitive edge for an organization.
Saturday, November 2, 2019
Relationship Marketing in Top UK Airlines Essay
Relationship Marketing in Top UK Airlines - Essay Example All three have a website on the Internet and accept booking online. EasyJet and Ryanair have put low prices over customer convenience, while British Airways continues to put service above price. In 2001, the attacks on the World Trade Center and Pentagon reverberated throughout the world, especially with airlines because commercial aircraft were used in the attack. British Airways and other major airlines announced massive job cuts while the low-cost airlines surprisingly reported increased profits. Why would a company like easyJet outperform the giant British Airways Two possible reasons were development of deregulation and an open skies policy put into place which allowed low-cost airlines the freedom to compete with low 'no frills' prices (Discount airlines 2006). The idea was to eliminate unnecessary costs with customers paying much lower prices for tickets while giving up certain creature comforts (Welcome to Companion Website, 2001). The major reason for the success of low-cost airlines, however, was instituting marketing through the Internet, offering online booking for the first time. By 2002 Ryanair and easyJet had operating margins far above traditional airlines, including 45% more than British Airways. In the United States 270m people were utilizing 1000 low-fare jets with another couple of hundred on order. In Europe 410m shared 400 low-fare jets (Binggeli & Pompeo). While other low-fare airlines came and went, Ryanair and easyJet continued their popularity. By 2004, however, traditional carriers such as BA began to catch up to budget airlines. Intense competition and rising fuel prices caused plummeting share price at easyJet in May, and in an online analysis of the airline industry, it was found there was an increase in visitors to online sites for budget airlines, but traditional airlines showed a higher visitor rate (Cahill 2004), perhaps an indication of the growing connection between customers and business. In 2006, BA not only continues to be the leading international airline in the traditional market, it is surpassing the no-frills market with discoun ted prices and special deals through its web site. Customer satisfaction is a factor that leads to success in the current marketplace, and the airline that understands this will grow in popularity. Pros and Cons of Budget Airlines In the low-cost budget airline business, easyJet and Ryanair continue to be the largest companies in the European low-cost market. These pioneers were the first to utilise the Internet for online booking. They maximized assets by decreasing turn-around time at airports and ending free on-board catering. Ticketless travel and intensive use of information technology (IT) increased visibility (easyJet Case Study 2006). However, the major hubs that serve these airlines are Stanstet, Luton and Gatwick, not the most convenient airports. Wizzair and SkyEurope are new airlines in Central Europe flying into these hubs and are in competition with the low-cost British airlines. One
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