Wednesday, July 31, 2019

Anthem Essay- Comparing It to the Bible

Compare and Contrast of Adam and Eve and Equality 7-2521 In the novel Anthem, Equality 7-2521’s circumstance of rebellion create similarities and differences to the story of Adam and Eve in the Bible. Adam and Eve’s sin can be compared to Equality 7-2521’s sins. Adam and Eve break one and only rule in the Garden of Eden by eating the fruit from the tree of the knowledge of good and evil. God gives Adam and Eve a permission to eat any fruit in the Garden of Eden except for the fruit from the tree of the knowledge of good and evil.A serpent tempts Eve to eat the fruit from the tree of the knowledge of good and evil, and she gives some to Adam who was with her. Equality 7-2521 breaks many laws in his dystopian society where it is a sin to â€Å"be alone, ever and at any time, for this is the great transgression and the root of all evil† (Rand 17). He had the courage to seek and find knowledge from the Unmentionable Times, and to love the woman of his choice. Adam and Eve and Equality 7-2521 are aware of what will happen next, but they still fall into temptation and are condemned from their societies.Expulsion of Adam and Eve from the Garden of Eden and the story of Equality 7-2521 are similar by falling into temptation, yet knowing that it is wrong. Adam and Eve’s reaction toward their sin can be contrasted by Equality 7-2521’s reaction. Adam and Eve break their one and only rule by eating the fruit from the tree of the knowledge of good and evil. â€Å"Then the eyes of [Adam and Eve] opened, and they knew that they were naked† (ESV Bible, Genesis 3:7). They made themselves loincloths from sewing fig leaves together and hid themselves from the presence of God among the trees.They were afraid of God, and they were ashamed of themselves. Equality 7-2521 is not ashamed of what he did, nor did he fear anything. Equality7-2521 â€Å"only [wishes] to be away, away from the City and from the air that touches upon the air of the city† (76). He runs away to the Uncharted Forest after his disastrous event at the World Council of Scholars knowing that there â€Å"is no road back for [him], and no redemption† (76). As his journey go deeper into the Uncharted Forest, he is both physically and spiritually walking away from collectivism and the city.Instead of being afraid and ashamed of his sin, like Adam and Eve, Equality 7-2521 does not understand the people in his society and runs away to the Uncharted Forest. While Adam and Eve are forced out from the Garden of Eden, Equality 7-2521 runs away from his society hoping to seek freedom. Expulsion of Adam and Eve from the Garden of Eden and the story of Equality 7-2521 are different by their reactions toward their sins. Adam and Eve and Equality 7-2521 wants something new, something different that will make their lives better.They risk all the circumstances that will come to them after the great sins they make. Adam and Eve fall into temptation by a serpent because they want to be as good or be better than God, their creator. Equality 7-2521 risk many days to seek and find knowledge which was not allowed. Every mankind desire to have something better than what they have, sometimes risking things knowing what circumstances are following. Every mankind is thrown with certain circumstances in their life to learn from them.

Tuesday, July 30, 2019

The Quiet Revolution

The Quiet Revolution The purpose of this paper is to analyze the aspects of The Quiet Revolution on Quebec, and how the changes implemented by Lesage made Quebec the province it is today. The Quiet Revolution was only quiet at name; it triggered many conflicts that appeared in Quebec. The province began to move away from Catholic Church with the help of nationalists, leaving Quebec reformed and quite different from how it was before the 1960’s. Before the Quiet Revolution, Quebec was majorly formed of rural population.They believed that rural was much better than urban, but due to large families and the lack of good land, it pushed most Quebeckers to move to the cities. By 1921, half of Quebec’s population was urbanized. Manufacture industries of textile and shoes located in Quebec, were attracting many Quebeckers to work. The schools of Quebec were owned by the Catholic Church, and were mostly run by priests, nuns and brothers. The Quiet Revolution was a period between 1960 and 1966; it was mainly a period of political, social and economic change (Winston Knoll Collegiate).The Union Nationale party was in power since 1944, it held conservative outdated values. The election of June 1960 was the beginning of revolutionary changes that were about to happened in Quebec. The election of June 22nd 1960, when the Liberal Party of Quebec ran by Jean Lesage finally won 51. 5% against Union Nationale. â€Å"The main issue of the election was indicated by the Liberal slogan, â€Å"It's time for a change†(The Canadian Encyclopedia, 2012)†. The government under Lesage began new era with open debates, changing the political electoral map so each urban area would be well represented.The government changed the voting age from 21 to 18. Lesage by increasing loans, made the budget grow from $745 million to $2. 1 billion in less than six years. The Baby Boom generation that had reached adolescence put a lot of pressure on Quebec’s poor educatio nal system; the role of Catholic Church was quite criticized and abolished pushing the government into creating a department of education, the Parent Report created a school system available to the entire population.One of the major accomplishments by the government in the economic sector was the nationalization of private electricity companies, an idea that was introduced by Rene Levesque, a minister of natural resources. The government of Jean Lesage encouraged industrialization, promoting investments and guaranteeing economic benefits through the buy-Quebec policy, all these objectives were met when Hydro-Quebec became the symbol of success and economic resources. The creation of â€Å"caisse de depot et placement du Quebec† triggered the creation of the Quebec pension plan, which immediately grew to billion dollars.Quebec’s favorite slogan that had huge improvements was the â€Å"maitres chez nous† (masters in our own house) which promoted and influenced fed eral-provincial relations. The demands that were imposed by Lesage were largely met. â€Å"Lesage forced the federal government to accept Quebec's withdrawal from several cost-sharing programs and to compensate Quebec fiscally (The Canadian Encyclopedia, 2012)†. Therefore Quebec was the only province that had the right to withdraw. Thus, the conflicts then rose between the English Canadians and the French Canadian. The federal Pearson Liberal government established the Royal Commission on bilingualism and biculturalism, which warned that Canada was passing through the greatest crisis in its history (The Quiet Revolution Changed Quebec Forver). Pearson liberal party to gain more strength and credibility hired three wise men; Jean Marchand, Gerard Pelletier and Pierre Eliott Trudeau. Quebec was gaining power and these changes made many different French Canadian nationalists for example; FLQ (Front de liberation du Quebec) believed that Quebec is a distinct society and worship s eparatism, which resulted in terrorism.In 1966, when Quebec faced elections they were confident of triumph, but the Union National had add changes to its image attracted more conservative voters and since the Quiet Revolution never really influenced the rural areas. On June 5th of 1966 the Union National won the elections against the Liberals. Although, the liberal party was elected in 1960 and defeated in 1966, Jean Lesage in 6 years of power had accomplished forceful changes; the French language took more place and importance in Canada, the welfare state; including the pension plan, Medicare and Hydro Quebec.The Quiet Revolution was an important point of reference in Quebec’s history; all governments elected in Quebec never omit to mention the importance and the positive consequences that it brought to Quebec. Words: 770 References 1. The Quiet Revolution changed Quebec Forever, http://www. llss. sd73. bc. ca/socials11/materials/chapter8/quiet_revn_changed_que_forever. pdf 2. October Crisis, The Quiet Revolution, http://www. historyofrights. com/flq1. html 3. The Canadian Encyclopedia, 2012 http://www. thecanadianencyclopedia. com/articles/quiet-revolution

Monday, July 29, 2019

Applied Concept Paper Essay

Executive Summary The purpose of this paper is to help me to fully understand and expand my knowledge of the concepts four in our textbook. By performing research about recent business world activities, I will be able to link the terms learned in the lecture in order to get the full picture. Although I chose terms that are found in both chapter 6 and chapter 7, most of my terms come from chapter 7, which talks about corporate strategy. Our textbook Strategic Management and Business Policy textbook by Thomas L. Wheelen and J. David Hunger is a great source of information for anyone interested in learning more about business. According to our textbook, the three key issues that corporate strategy deals with are: 1. Directional Strategy – The firm’s overall orientation toward growth, stability, or retrenchment. 2. Portfolio analysis – The industries or markets in which the firm competes through its products and business units. 3. Parenting strategy – The manner in which management coordinates activities and transfers resources and cultivates capabilities among product lines and business units. From the readings, I chose the terms that I found most interesting. The concepts that I chose from my readings are acquisition, joint venture, licensing agreements, long-term contracts, and strategic alliance. After doing extensive research, I came upon recent articles that have helped me to understand the book and help me to incorporate the knowledge that I have gained in this class with the real world. In this paper I fully explain how the terms learned in the textbook relate to recent articles. Abstracts 1. Delphi Automotive closes on FCI unit acquisition, by the Associated Press, Published on Friday October 26, 2012 This article announces the completion of an acquisition deal that was announced in May of 2012 by the company Delphi Automotive. This deal was for the acquisition of FCI motorized vehicles unit, which manufactures auto connection systems. The deal cost Delphi Automotive 765 million euros ($987.5 million). Delphi Automotive has its headquarters in Troy, Michigan. It was saved by the United States Government in 2005. Since then, the company has recuperated; however, it has done so by decreasing its costs, such as, massive layoffs and downsizing its manufacturing business. With this merger, Delphi expects to increase its future earnings gain an approximate $0.24 per share. 2. Clariant AG : Clariant and Wilmar establish Joint Venture for amines and selected amines derivatives, by Thompson Reuters ONE, Published on Friday, October 26, 2012 This article announces the joint ven ture between two well established companies: Clariant Ltd. and Wilmar International Limited. Clariant Ltd. is a specialty Chemicals Company based out of Swtizerland. It is the parent company to over 100 companies worldwide. As of December 2011, the company had an approximate 22,100 employees. Clariant specializes in growing its business by partnering or acquiring a variety of firms that will help the company maintain profitability and create a steady growth. Wilmar International Limited is a leading competitor in the agribusiness field of Asia. The company was formed in 1991 and it is based out of Singapore. Some of Wilmar’s business activities include, oil palm cultivation, oilseeds crushing, edible oils. In addition, the article goes into detail of how the companies will both benefit from this joint venture. Further detail will be discussed later in this paper. 3. Hyrax Energy and WARF enter into licensing agreement, by Bret Williams, Published on October 26, 2012. This article explains the licensing agreement deal between Hyrax Energy and the Wisconsin Alumni Research Foundation (WARF). This licensing agreement is geared toward finding alternative fuel choices for consumers. Researchers from both Hyrax Energy and WARF have already found new technology that can be used to produce alternative clean fuels and plastic materials. Furthermore, this licensing agreement allows WARF and Hyrax Energy to commercialize the new alternative fuel and generate profits not only domestically but also in the global market in the near future. In addition, the development of this new technology shows that the economy of the United States can be affected positively with the creation of new jobs and also with increased consumer demand for clean biofuels. 4. CareFirst BlueCross BlueShield, Healthways Announce Extension of Contract for Disease Management Services Through 2015, by Business Wire, Published on October 17, 2012 This article is in regards to the extension of a long-term contract between the companies CareFirst Blue Cross Blue Shield and Healthways. The companies have been working together for a few years and they have been serving about 600,000 members. The extension of this contract signifies that together these two companies are able to partner to offer their clients better healthcare services and preventative disease solutions. CareFirst Blue Cross Blue Shield has been in business for 75 years and Healthways is a company dedicated to create healthier human beings. It also serves about 40 million customers in four continents. 5. PepsiCo and Suntory Agree to Form Strategic Beverage Alliance in Vietnam, by Pepsi Co., Published on October 22, 2012 This article discusses the strategic alliance formed by PepsiCo and Suntory Holdings Limited. This strategic alliance will help PepsiCo increase its business in Vietnam. Although both companies have both experienced success in this country, their strategic alliance will catapult both companies to new heights. PepsiCo will be in charge of marketing its strong products which include Pepsi-Cola, 7-UP, Sting, Mirinda, Tropicana Twister, Lipton and Aquafina. At the same time, Suntory will be in charge of bringing its ability to successfully meet the demands of its Asian customers. These companies have successfully worked in the past in other countries, such as, the United States, Japan, and New Zealand. PepsiCo has been able to grow in the Vietnamese market since entering it in 1994. For Suntory, it is hoping to achieve one of its long-range plans, which is to expand in to Vietnam. Concepts 1. Acquisition According to Wheelen and Hunger an acquisition is a growth strategy that occurs when a company absorbs another (usually smaller) company as an operating subsidiary or division of the acquiring corporation. Acquisitions usually take place with companies of different sizes and they can be hostile or friendly. Acquisitions can also be a good way to grow into an international market. For example, a domestic company can purchase another company that is already established and operating in a different country. This benefits the purchasing company by reducing the amount of time and money it needs to spend on acquiring documentation to enter into such country. 2. Joint Venture A joint venture is one type of horizontal growth strategy that companies use in order to penetrate international markets. This usually takes place between a domestic company and a foreign corporation. Joint ventures are created when companies wish to combine their resources in order to create new products and/or technologies. Joint ventures can be made among companies or companies with a government agency. By forming a joint venture, companies usually save themselves the possibility of expropriation in a new country by its government. In addition, a joint venture can also help companies penetrate countries that do not allow foreign vendors. (Wheelen & Hunger, 2012) . 3. Licensing agreements A licensing agreement is another growth strategy that companies use in order to increase their profitability. According to Wheelen, under a licensing agreement, the licensing firm grants rights to another firm in the host country to produce and/or sell a certain product. The licensee pays the licensing firm in return for technical expertise. This strategy is particularly beneficial when the licensing company is well-established but lacks the resources to enter a new market in a different country. 4. Long-term contracts According to our textbook, long-term contracts are a type of vertical integration strategy by the formation of agreements between two firms to provide agreed-upon goods and services to each other for a specified period of time. In order to be considered a type of vertical integration, long-term contracts must specify that the contract is mutually exclusive and that neither firm can enter into the same or a similar contract with a third party. 5. Strategic Alliance Long-term cooperative arrangements between two or more independent firms or business units that engage in business activities for mutual economic gain. In order to keep up with the continuing growth and demand from consumers, strategic alliances have become a part of modern business. The length of strategic alliances may vary from a few months to a few years. Although companies benefit mutually from these alliances, conflicts often arise over the companies’ objectives and control issues. This conflict therefore leads for about 50% of strategic alliances to fail in both domestic and international markets (Wheelen & Hunger, 2012). Analysis 1. Acquisition In the article â€Å"Delphi Automotive closes on FCI unit acquisition,† I learned how an actual acquisition takes place in the business world. One company, in this case Delphi Automotive, which is larger than FCI Group, acquired and completely absorbed FCI Group’s motorized vehicle unit. This friendly takeover will allow Delphi to expand its global reach and its ability to make electronic connectors for vehicles. In addition, this acquisition will also help Delphi Automotive increase its earnings per share in the coming year. 2. Joint Venture In the article â€Å"Clariant AG: Clariant and Wilmar establish Joint Venture for amines and selected amines derivatives,† we see an example of a joint venture. From our textbook we have learned that a joint venture is a type of international entry option for horizontal growth of a company. Both Clariant and Wilmar are well established companies. With the formation of this joint venture, they will influence each other with each company’s individual strengths in order to increase their growth opportunites. Furthermore, the benefits that Clariant will bring to the joint venture are: â€Å"its Industrial & Consumer Specialties (ICS) Business Unit’s sales activities of relevant amines and defined derivatives to the joint venture as well as its amines plant in Germany and production output from its amines plant in Brazil.† At the same time, Wilmar will contribute the venture with the use of its plant in China and also the company’s expertise in oleochemicals and renewable raw materials. The article ends by stating the following: â€Å"Due to its strong roots in Asia combined with plans to expand the business globally, Wilmar is an excellent partner for Clariant to support our customer base in all parts of the world†, said Michael Willome, Head of Business Unit ICS. 3. Licensing agreements This article explains that the companies Hyrax Energy and WARF have entered into a licensing agreement. According to our textbook, companies enter into licensing agreements both domestically and internationally. In this case, the licensing agreement is domestically. Hyrax is a company that emerged from Department of Energy funded Great Lakes BioEnergy Research Center (GLBRC) and has now entered into a licensing agreement with Wisconsin Alumni Research Foundation (WARF) (Hyrax Energy, Inc., 2012). Hyrax’s strategy is to be able to use the latest technologies in order to develop alternative biofuels. In addition, Hyrax hopes that the licensing agreement helps it commercialize its biofuels in the United States and with the long term goal of expansion into the global markets. 4. Long-term contracts According to the article â€Å"CareFirst BlueCross BlueShield, Healthways Announce Extension of Contract for Disease Management Services Through 2015,† the companies mentioned decided to extend their already prosperous long-term contract. This was an agreement previously made by both firms. This allowed them to provide each company’s goods and services to their customers. This way, the companies are successful at reaching more customers and providing better services while reducing their costs. Since the cost of healthcare is rising, the companies are interested in offering preventative solutions in order to minimize future high healthcare costs. Although our book states that recently, companies have moved away from long-term contracts, which is a form of vertical growth strategy, in this case both companies benefit from having contracts since they offer different services to their customers, however, such services complement one another. CareFirst BlueCross BlueShield offers health insurance while Healthways offers its consumers preventative ways to stay healthy and thus helps keep the costs minimum for CareFirst BlueCross BlueShield . 5. Strategic Alliance In the article, â€Å"PepsiCo and Suntory Agree to Form Strategic Beverage Alliance in Vietnam,† we learn how two successful companies decide to join their resources to form a strategic alliance in order to gain market share and mutual economic gain. This strategic alliance will help PepsiCo build on its current position in the Vietnam market, while utilizing Suntory’s strong brands and recognizable ability to cater to the Asian market. The strategic alliance by these two companies in Vietnam is expected to have a positive effect for both companies and will help them increase their profits. Alone each company is already successful; however, together they expect to grow their business exponentially. Conclusion Research and reading the book have taught me to better understand strategies and different techniques that companies use in order to expand their businesses. Companies are in business to create profits; they do this by thinking outside the box. Through the articles, I learned that a variety of companies in today’s market are constantly searching for ways to succeed. In addition, they must seek new ventures in order to enter both domestic and international markets. Where companies choose to join their competitors in a strategic alliance, or a joint venture, long-term contract, or simply by signing a licensing agreement, these are good options for companies to try in order to succeed in the market and avoid a potential acquisition by their biggest competitor. References Associated Press. (2012, October 26). News. Retrieved from Yahoo Finance: http://finance.yahoo.com/news/delphi-automotive-closes-fci-unit-123219090.html Business Wire. (2012, October 17). CareFirst BlueCross BlueShield, Healthways Announce Extension of Contract for Disease Management Services Through 2015. Rock Hill, South Carolina, Unite States. Hyrax Energy, Inc. (2012, October 27). About. Retrieved from Hyrax Energy: http://hyraxenergy.com/ Pepsi Co., I. (2012, October 22). Media – Press Release. Retrieved from Pepsico: http://www.pepsico.com/PressRelease/PepsiCo-and-Suntory-Agree-to-Form-Strategic-Beverage-Alliance-in-Vietnam10222012.html Press Release. (2012, October 26). Clariant AG : Clariant and Wilmar establish Joint Venture for amines and selected amines derivatives. Muttenz, Singapore. Wheelen, T., & Hunger, D. (2012). Strategic Management and Business Policy Toward Global Sustainability. Upper Saddle River, New Jersey: Pearson. Williams, B. (2012, October 26). Alte rnative Energy. Retrieved from Hydrogen Fuel News: http://www.hydrogenfuelnews.com/hyrax-energy-and-warf-enter-into-licensing-agreement/856496/

Behaviour therapy Essay Example | Topics and Well Written Essays - 1500 words

Behaviour therapy - Essay Example The monetary cost is calculable, however. In 2001, the estimated cost of adult depression was estimated at more than  £9 billion,  £370 million of this was a direct result of treatment costs. In 2000, more than 100 million total working days were lost in addition to 2615 deaths attributed to depression (Thomas & Morris, 2003). The Greek philosopher Epictetus probably described it best when he said, â€Å"It is not circumstances themselves that trouble people, but their judgments about those circumstances† (Seddon, 2002). Cognitive behavioural therapy in essence, seeks to alter the perceptions of circumstances. Cognitive therapy, according to Aaron T. Beck, â€Å"... is based on an underlying theoretical rationale that an individual’s affect and behaviour are largely determined by the way in which he structures the world† (Dubord, 2004: 1). At one time this was simply referred to as behaviour therapy but today is known as cognitive behaviour therapy. This discussion outlines CBT and its approach to the treatment of depression. The primary interventions preferred in the treatment of chronic clinical depression are behavioural in nature. Efforts to augment a person’s sense of self-worth and to re-connect them socially through physically exertive exercises is a widely used and effective strategy for reversing behaviour associated with depression. Because of the behavioural nature of the condition and the treatment, it is strongly recommended that those in the health care services employ the same vigilance regarding behavioural treatments as they would prescribe drugs used as treatments. When the depressive cognitions are restructured, this generally increases the disposition benefits for an individual and positively affects changes in behaviour. There are many examples of depressive cognitive statements offered by patients that doctors often hear such as, ‘I can’t do anything to improve my outlook on life,’ ‘I’m

Sunday, July 28, 2019

World population Essay Example | Topics and Well Written Essays - 500 words

World population - Essay Example Hundreds of years ago Thomas Malthus forecast that the world’s population will surpass the earth’s feeding resources. In fact Malthus predicts that a world population collapse will result from the over demand for the world’s food resources by an overly large population.(World Population) After all these years, the world population continues to boom and although there are a large number living in abject poverty, it is not as a result of a lack of food. There are those who argue that the over population is on the decline as a result of increased infant mortality and low birthrates. Moreover, humanity will come to an end as a result of depletion of the earth’s ozone layer, pollution and toxic waste long before the population begins to die out as a result of an imbalance between food supplies and population numbers. When one looks at the distribution of the world’s population it is arguable that as long as the population growth is stable and sustained in countries such as Canada, the United States and European nations, the world’s food supply will not be endangered. Moreover, immigration to cities will not become a fact capable of threatening civilization as we know it. The significance of the population growth locations is relevant to the consumption of food. American’s consume almost 40 times as much food as Asians. Canadian’s and Europeans eat almost as much as the Americans. In other words there is more than enough food to go around. But thankfully, North American and Canada are not among the countries experiencing massive population growths.(World Population) Sixty percent of the world’s population is located in Europe. China alone hosts 20% of the world’s people. India, hovers dangerously close to China with 16% of the world’s population. Africa is not far behind with 12% of the world’s population. Europe hosts 11% of the world’s people and North America accounts for 8% of the world’s

Saturday, July 27, 2019

Contemporary issues in management Essay Example | Topics and Well Written Essays - 2000 words

Contemporary issues in management - Essay Example Thus developments in telecommunications and transportation infrastructure comprising the emergence of the telegraph together with its posterity and recently the rise of the internet are key aspects of globalization, producing more interdependence of cultural and economic activities (Ritzer, 2011). According to scholars, globalisation can be traced long before the European advent in voyages and discovery of New World. There are even those that trace its origins to the 3rd millennium BCE Nevertheless, the cultures and economies of the world grew very fast as the 19th century came to an end and 20th century began. The phrase globalisation has been used increasingly since 1980s and particularly in the mid-1990s.Thus the International Monetary Fund (IMF) in 2000 identified 4 primary features of globalisation; transactions, trade, investment and capital movements, movement and migration of people as well as the distribution of knowledge. Moreover, environmental challenges like cross-boundary air pollution and water, over-fishing and climate change are all associated with globalisation. Various globalisation processes are affected and do affect business as well as work organization, socio-cultural resources, economics together with natural environment. Globalisation has also stimulated innovation. Thus American companies can for instance transfer technology to countries such as China. Thus, Apple’s iPad and iPhones were all prototyped and designed in California but their production is done in China. Thus China’s manufacturing competition is progressively more taking low-skill production while at the same time nurturing highly skilled innovations and inventions (Jones, 2010). In addition, around 15% of technological transformation in Europe previously can be directly accredited to Chinese imports competition, a yearly benefit of nearly 10 billion Euros to European economies. Thus, companies have reacted to China’s imports threat by adopting

Friday, July 26, 2019

Personal and Social Relationships Research Paper

Personal and Social Relationships - Research Paper Example On the other hand, there are some who find it hard to reveal the experiences they have had before to people around them. (Lerner, 1986) When it comes to making friends, what matters is whether you have the same kind of experience the other person has and also the readiness you have to share with the other person. At the same time, you should be willing to listen to their experience because he or she might be having a different experience other than yours or nearly the same. This is very important because it makes them feel that they are recognized by the person to whom he is sharing the same experience. Because of this he or, she will al, ways be willing to share with the same friend and this, in turn, strengthens your relationship. (Kling, 1996) On the other hand, it is easy to for one to lose a friend if you don’t give him time to share out what he has to with you. If a friend listens to you it is very important that you equally give him or the same attention. Friends are ve ry important because in time of need they will always be ready to stand for you before other people. Their company also proves to be very interesting when hanging out. (In Smelser, 1963) Some people may find it difficult to relate wi, the others because they have specific interests only in particular areas. It might be because that people around them don’t share similar interests. ...They normally meet and discuss certain issues which all of them tend to prioritize. Currently, the internet has greatly contributed to grouping these people with specific interests together. Regardless of place and time they can easily interact through the Sometimes at the early stages of a relationship it may feel easy and exciting but for a long-lasting relationship, both partners must be actively involved by giving their efforts in building the relationship. Building a good foundation is very important for a relationship and this involves respect between the partners as well as appreciating wh at your partner has done for you. For example, in couples, they always tend to appreciate whatever has been done for them even if it is something small. This may also mean taking into consideration what your partner says and then giving compliments. This makes either of the partners feel that he or she is valued in a relationship. (Brody, 1994). Furthermore, the partners in the relationship may try to discover what they both have in common so that whenever they are spending time both will be enjoying the same things. As much as people are not perfect any of the partners can make a mistake in a relationship and because of this, there must be an established way of apologizing for the mistake. This is important because it makes the other partner feel that you are responsible for the actions you did. Sometimes partner in a relationship may get a topic which they will never come to an agreement and on such occasions, both have to agree to disagree and continue with the relationship. (Mar inelli, 1999).

Thursday, July 25, 2019

REAL ESTATE TRANSACTIONS Essay Example | Topics and Well Written Essays - 1250 words

REAL ESTATE TRANSACTIONS - Essay Example The attorney may in that case be included in the verification of the agreements. Once the seller signs the contract, he/she is bound by it. Because most of the signed contracts cannot be cancelled, the seller or the purchaser should never sign it unless he/she has shopped around for un-doubtful bargain and had enough time to think over it. When making a real estate sale, all siblings of the seller must have agreed with the specific amount of money that the buyer is willing to give otherwise the seller cannot sign the contract. However, a contract should be entered into to function as a binding agreement that contains clearly written escape clauses that are outlined in its text. Therefore, the buyer and the seller should enter into the transaction in full agreement with the listed terms as well as with provisional clauses that allow either the seller or the buyer to break the contract. Before the transaction has closed, the seller, just like the buyer, holds the right to cancel the co ntract through some procedures (Korngold and Goldstein 56). Dr. Jones should talk to her agent and explain why he wants to get out of the contract. He should discuss the matter with the broker about whether he is not happy with the provisions of the buyer. Although escape clauses are mostly built for the buyer, sellers can as well have their own exit opportunities. An estate sale requires total agreements from the rest of the family members. If the seller’s siblings disagree over the price of the sale, the contract may have provisions that allow for its cancellation. Therefore, if the buyer is not willing to break the contract, Dr. Jones can file a case in the court that the rest of his family members have disagreed with the sale price of the land and call for its cancellation. Dr. Jones does not have any right to cancel the contract after the close of the transaction unless he engages in a discussion with the brokers, which can only allow for the change after agreements with the broker and the purchaser. Question2: After the option, period and the buyer feels like terminating the agreement and get back their deposit or the earnest money, the title company asks the both the seller and the buyer to sign a release form of their earnest money. Both parties must sign the release form that points out to whom the earnest money should go and the specific amounts before the company disburses them (Korngold 97). If the seller or the buyer cancels a valid agreement on a contract without legal justification, the person who makes the cancellation may be liable for some damages by the other person. The buyer will run the risk of losing the deposit that was placed on the estate at the time of signing of the purchase offer. Either of the two parties may be held responsible for the broker’s commission. In the same way, if the buyer decides to terminate the contract after the signing, he /she hold the risk of losing his/her earnest money. Abby can decide to notif y to Dr. Jones that she wants to terminate the contract and the seller can give her earnest money back. However, this is only applicable during the option period, the due inspection and diligence period. It becomes trickier when the option period passes. According to the agreement that had been signed by the three parties, Abby did not provide any condition for the purchase of the estate. Before a signature is laid on the contract agreement, the two

Wednesday, July 24, 2019

1 page - Assignment Example | Topics and Well Written Essays - 750 words

1 page - - Assignment Example (5% level of significance) A telephone sales company with 200 sales staff uses a five-level grading system for annual performance. End-of-year bonus payments for sales staff are determined on their individual performance grading. Staff rated Grade 1 receive only the minimum bonus payment while staff rated Grade 5 receive the highest bonus payment. The company has an expected distribution of performance grades which it uses to budget for bonus payments. However the company’s financial director is concerned that the actual distribution of performance grades differs significantly from the expected distribution with proportionally fewer sales staff getting the lower grades and proportionally more getting higher than expected grades. Based on the latest performance grades, is the financial director right to be concerned? Use a 5% significance level. , we thus reject the null hypothesis and conclude that the actual distribution of performance grade differs from the expected distribution at 5% significance level and as such the financial director is right to be concerned. A packaging device is set to fill detergent packets with a mean weight of 500g. It is important to check the machine periodically because overfilling increases the cost of materials whereas underfilling leaves the firm liable to prosecution. A random sample of 25 filled packets is weighed and shows a mean net weight of 510g with a standard deviation of 15g. What conclusion can be drawn at the 5% level of

Econ 103 Term paper Example | Topics and Well Written Essays - 1250 words

Econ 103 - Term Paper Example China’s growth rate was 10.3% in the previous year, and an estimated 9.2% GDP growth is forecasted for 2012. One of the key concerns is inflation in China, which is expected to hover around the 4.3% mark in the following year, primarily due to higher commodity and food prices, and excessive liquidity in the market. China’s next 5-year plan has laid emphasis on reducing reliance on foreign investments due to risk profiles. Domestic consumption and services will be the target for this fiscal year. Private consumption is expected to increase by 12.6% due to rising incomes and excessive spending patterns, while at the same time exports will target a growth of 20%. Japan’s disaster stricken economy is expected to increase at 1.5% post the earthquake, but the nature of the crisis appears to be short-term to medium term. Compared to other Asian nations, China’s economic performance is still laudable, but the creeping inflation threat must be addressed before it s tarts hampering growth. The slowdown in China’s growth will further exacerbate if inflation is kept unchecked. The Asian Development Banks has emphasized that core inflation rising is an issue for most Asian nations are they house over 2/3rd of the worlds poor population, and hence corrective measures will be required from all facets to ensure that the problem does not spiral out of control. Theory Review & Analysis: There are a number of economic concepts are work here. Two of the most prominent ones include the GDP growth and the corresponding inflation rate in the country. China has witnessed phenomenal growth in recent times, primarily due to rapid increase in manufacturing and merchandising sectors of the country. As the fastest growing economy of the world, there is always that element of keeping the pace of growth within acceptable levels to avoid the heating up of the economic business cycle. Given the case at hand, we need to understand the fundamentals which are app licable in such a scenario. This includes the relationship between money supply and inflation. Another feature in the article is the relationship between interest rates and GDP. China’s economic framework is built on the fact that their GDP grows at a steady pace, so that they can sustain this growth. However, the excessive maneuvering of its key economic indicators has lead to a cause for concern. The first issue which is to be analyzed is the rampant increase in the money supply of the country. There has been a credit boom in China, and accessibility to money is no longer an issue for the common man. With banks pursuing easy lending policies and a positive outlook from the People’s Bank of China has left the money supply unchecked and has triggered an excess amount of liquidity in the system. Now it’s an established fact that the money market is in equilibrium when money supply = money demand. In China’s case, the money supply went up and the demand for money adjusted itself by increasing. Thus the spike in demand for money began. With the interest rates on lower ebb, people realized that the opportunity cost of saving money was forgo able and opted for consumption instead. Another established economic theory is that when demand increases, the economy starts growing until a point is reached when more demand for money just pushes the

Tuesday, July 23, 2019

Information Technology Training Essay Example | Topics and Well Written Essays - 2000 words

Information Technology Training - Essay Example In any business organization, the core responsibility of the management is to ensure the consistency of its stakeholders' relationships, to establish that the planned output can be achieved with the planned inputs of labour, capital, and materials. For each of these relationships, there is a corresponding financial flow. Herein, the firm receives sales revenues from its customer, makes payments for to its suppliers, meets its wage bill and its tax bills and pays a return to its investors (Brancheau, Janz and Wetherbe, 1996). These are being totalled and summarized in the business value statements while the competitive environment- the relationship between the firm and its rivals-determines the degree to which the business value can be created. The purpose of any business strategy is to put together a set of relationships which maximize and meet the needs of any industry and to minimise problems. The merging of information technology and the business strategy in order to ensure growth and competitiveness of the company is often called strategic alignment. This happens when the Information Technology management performance merged with the most essential strategies and core proficiency of the business organisation (Burn, 1993). When both of these are being aligned, the capability of the Information Technology (IT) becomes consistent and amalgamated with the central strategic path of the organization as a whole, which allows different stakeholders to create a particular Information Technology linked business forces and organizational strategic ways and directions. The strategic alignment of the business strategy and the information technology management is not only risk-taking to the efficacy and efficiency of the organization to create a business value in using Information technology. The complexities of achieving business success through increased efficiency, effectiveness and competitiveness, combined with innovative applications of IT, has heightened the awareness of both IT and business managers towards more strategically oriented approaches for planning and management (Luftman, Lewis & Oldach, 1993). Some studies suggest that no business or corporate strategy is complete if there is no information systems strategy. For most firms it is the business strategy that increasingly is dependent on, or made possible by, investment in appropriate information systems. For some, however, the corporate strategy may be linked closely to information systems, especially if information technology provides the infrastructure through which the firm positions itself in its sector or plans to diversify or integrate into another sector. Using Information technology in a business signifies different advantages and disadvantages. It is said that people are living through an era in which organizations within industrialized societies are experiencing a prolific growth in the development and deployment of information and communications technologies. The development of an IT-strategy discourse has thus been partly the result of technology developments. It also reflects however a more widespread concern

Monday, July 22, 2019

Natural Resources and Energy Paper Essay Example for Free

Natural Resources and Energy Paper Essay Wind Power and Global Role The world has been using wind energy for over 100 years now to generate power. â€Å"The first known use was in 5000 BC when people used sails to navigate the Nile River† (Alternative Energy, 2008-2012). Beginning in the early 1900’s, wind mills were used to pump groundwater in Midwestern portions of the country primarily. Today, windmill technological advances have brought about the development of powerful wind turbines and sophisticated windmill farms across the country. In many cases, the development of these devises has caused a decline in generating cost resulting in wind energy competitive with several other conventional sources of electricity. Today, wind is one of the leading sources of electricity beating out coal; coal can cause health issues as wind does not. Wind power has been the fastest growing energy source and some people are saying that is the reasoning behind the Global Warming Effect. There is talk already that in the next thirty to forty years the world’s energy will have to come from wind, solar or some other renewable resource. Wind power is used globally and plays several different roles in different areas of the world. Most areas though are using the same types of equipment for the energy resource, which are the windmills and turbines. In these different areas the climate control will control the amount of wind power being produced. In the hotter areas that have less wind are definitely not going to produce the same amo Alternative energy, Capacunts of wind energy as places that are in the windy areas like Seattle and Chicago. So from a geographical stand point, if someone is looking to generate m ass quantities of energy from wind, then being in Arizona is not going to be a good choice. Growing Human Population The population in terms of its affect on wind energy has very little effect on wind power production for one reason and one reason only. That is because winds are a direct result of the `uneven heating of the earth’s surface by solar radiation. So technically they are just another source of solar energy. There are still some major deficiencies of Wind power. Wind is not a constant source of energy at a particular place. Wind cannot be concentrated in one location, so that it will take up an enormous amount of space to create an equal amount of wind energy. And finally, once the energy is produced by the wind storing the energy becomes a major concern, meaning how you disperse the energy gathered effectively to the population. Only recently has wind power spread across the country as a somewhat viable source of power with the global initiatives to create and produce alternative energies. The Wind Farms were primarily used in California and recently spread out across the United States. There are some benefits of this energy such as agricultural, rural land use, pastures as well as farmers to use wind power in land open areas. Winds are probably never going to be the main or considered as a major energy producer for this country or for the world for several reasons. The population uses a huge amount of its energies. Because the way that wind energy is created, it has a role in our energy cycle but is reduced because it does not produce the end product energy. The wind is converted into electricity an d is a secondary source. Wind used with another source of energy, such as fission being the byproduct of another source of energy could generate several other improvements on different energy sources as well as decreasing the amounts of pressure on current energy sources may be a better and cost-effective approach to using wind energy. The problem with wind power and population is that wind power is not as efficient as our typical fossil fuels and has lower thermal dynamic potential to create the energy needed by the growing population. Another reason is as stated earlier the vast amount of space needed to create the power already effects the population. Most wind farms are in land masses that have already been cleared away, which limits the location. There are pluses and minuses to these areas. The land is usually prepared and cleared in advance so it can be used for farming and other industrial uses. At the same time of harvesting the wind power, some of the concerns would be the noise pollution that comes with a wind farm. Any type of populated area would be unbearable to endure. The population effects on wind energy are in reverse. The growing population does not have an effect on the production of wind energy other than the materials needed in its construction, the removal of large amounts of trees, and the loss of birds because of the blades over time. It seems as though we may be doing more damage than good for the return of energy that would be needed to support the population. Risks and Benefits of Renewable Energy Renewable energy resources are sustainable resources that replenish naturally. Such resources are produced from the sun, wind, biomass, tides, and geothermal. The main advantage of renewable resources is that the source is readily available and would never run out. Other important benefits include reducing contributions to global warming and with no polluting emissions. The disadvantages of using renewable energy is the expensive initial cost for setup, the difficulty to achieve the energy requirements needed, and the maintenance on the equipment. Depending on the application, the risks and benefits will vary when using the energy resource. Wind power is an electric energy obtained from surface air currents caused by the solar warming of air. Wind energy is a clean and cost-efficient way for energy. Wind power is placed in rural areas and requires constant wind (at least 15 mph) to operate. The wind turbines are most effective on high grounds where wind speeds are greater. At times, the turbines may kill birds and bats that get in its way. Other risks and disadvantages of wind include the cost, the noise pollution, and the unreliability factor of wind (Clean Energy Ideas, 2012). Solar energy power converts sunlight for heating and generating electricity. Solar power is used in commercial and residential applications. In order for solar power to generate energy, an open area along with sunlight is a necessity to perform properly. The weather, the time of day, and pollution can affect the performance of solar panels. At times, space could be limited and trees would be cut to make room for placing the panels in areas for sufficient amount of energy. Because of lack of space, many solar panels are placed on top of the roof. Some people think the panels make the buildings and property unattractive (Clean Energy Ideas, 2012). Biomass fermentation is plant and animal materials used as fuel. Biomass produces ethanol from different materials such as corn, grains, wood, saw dust and wood chips, plants, and animal wastes. Biomass is easily available where plants and crops are grown. Most of the source is from plants that gather its energy from the sun. In addition, the source is used for heat production, electricity, and fuel for cars. Biomass requires burning of materials, which contributes to air pollution, but it produces less greenhouse gases compared to fossil fuels (EHow, 2012). Hydropower is created as water flows through rivers and streams, the dams convert the energy of water to kinetic energy as the water turns turbines to generate electricity. Hydropower is efficient with 90% of the energy consumed to electricity. The benefits include clean source of energy, availability, and the reservoir can be used for leisure (boating, fishing, and swimming) and irrigation purposes. On the other hand, the risks involve overflow which can destroy the plant vegetation in the process (Benefits of, 2012). Geothermal energy is extracted from the heat produ ced by the Earth’s core. For centuries, many places have been extracting the source for hot springs. Some areas have geothermal power plants to generate electricity. In other areas, ground source heat pumps are used to extract water for the home or business hot water supply, which helps to reduce energy costs. The disadvantage is that a large area is needed to run the piping system (Clean Energy Ideas, 2012). Conclusion As the human population increases, the demand for energy will increase as well. There is much debate for the preferred choice of energy. Wind and other renewable energy resources are a clear alternative if we want to have a sustainable future for our children. Comparing the factors, the advantages with the use of renewable energy outweighs the risks and disadvantages. Although the initial cost will be expensive, the energy used will pay for itself in the long run. Reducing air pollution, contributing less to global warming, and reserving nonrenewable energy resources are just a few benefits with the use of renewable energy as an alternative. References Alternative Energy. (2008-2012). Retrieved from http://www.altenergy.org/ Benefits of (September, 2012). Benefits of Hydropower. Retrieved from http://benefitof.net Clean Energy Ideas (September, 2012). Natural and Renewable Energy Sources. Retrieved from http://www.clean-energy-ideas.com EHow (September, 2012). Advantages and Disadvantages of Biomass Energy. Retrieved from http://www.ehow.com

Sunday, July 21, 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 â€Å"corporate image,† and handling or heading off unfavourable rumours, stories, and events. Direct marketing: Direct communications with carefully targeted individualconsumers to obtain an immediate response—the 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 it—all 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 —selling 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 needs—more 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 media—such as television, magazines, or online sources—blur into one. Messages delivered via different promotional approaches—such as advertising, personal selling, sales promotion, pub- lic relations, or direct marketing —all 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. â€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,† observes one integrated marketing communications expert.â€Å"They generally are populated by young, enthusiastic, technologically proficient people with a burning desire to ‘change the world,† he adds, but â€Å"the separation and the lack of cooperation and cohesion† 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, â€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 ‘look and feel as your Web site.†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 hands—where none existed before—to 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

Saturday, July 20, 2019

A Literature Review Of Travel Behavior Tourism Essay

A Literature Review Of Travel Behavior Tourism Essay Krobeber 1996, cited from Zhong, Zhang, Yang and Guo 2007 develops a related decision making model. Within this model, he claims that the tourist behaviour is determined by three elements: travel perception, travel attitude and travel motivation. He further suggests that there are two level influences. The first level influence of Krobeber (1996, cited from Zhong, Zhang, Yang and Guo 2007) can be affected from internal factors such as personal psychological factor and the second level influence comes from external social factors such as family background or group influence. The main contributions regarding motivation is the Maslows hierarchy of needs model (Maslow 1970), the escape or seek model (Iso-Ahola 1982; Ross and Iso-Ahola 1991) and the push and pull method (Crompton 1979). Mill and Morrison (1985) argues that travel motivations fit into Maslows hierarchical needs namely, physiological, safety, belonging, self-esteem and self-actualization. Also they identified two other needs: aesthetics and knowledge. The human needs physiological, safety/security and belonging/love were categorized as tension-reducing, while the self-esteem, self-actualization, acquiring knowledge and aesthetic as inductive arousal-seeking motives (Figure 2.1) Motivation is one of variables that can explain tourist behavior; it is regarded as one of the most important variables (Baloglu and Uysal 1996). There are many of researches assure that travel decision making is best explained and predicted by the push and pull approach include Backman, Backman, Uysal and Sunshine 1995; Baloglu and Uysal 1996; Ercan, Uysal and Yoshioka 2003. Crompton (1979) explains that motivation is a necessary and important force behind all behavior. People travel because they are pushed and pulled to do so by motivational factors (Baloglu and Uysal 1996). Push motivation is related to the decision, whether to go, and pull motivation addresses the question of where to go (Klenosky 2002). Crompton (1979) used unstructured in-depth interviews and explored push motivation and pull motivation, he summarizes that push is socio-psychological motives that activate people to travel and pull is cultural motives that attract people to a particular destination. Traditionally, the push motivations have been thought useful for explaining the desire for travel while the pull motivations have been thought useful for explaining the actual destination choice (Crompton 1979). According to Ross and Iso-Ahola (1991), push motivation can be considered as psychological factor and pull motivation is physical factor. These two factors can influence travel decisions and leisure engagements. Jang and Cai (2002) point that push refers to the internal facto rs that drive individuals to travel and pull is concerned about the external factors that determine where, when, and how they travel. Kim (2008) addresses that the push factor can be considered as to travel by intangible factors such as escape, relax, exploration) and pull factor is to decide destinations by tangible factors such as attractions, facilities. Motivation as one of the most important theories, it is recognized the key of the success of travel market. Iso-Ahola (1982) observes that people take part in various leisure and travel activities due to their own need. Tourist motivation is associated with individuals desires for achieving various purposes through travel (Kim and Beck 2009). Furthermore, studies of tourist motivation can assist destination managers to understand how well the destination characteristics fit the needs of the travelers (Goeldner Ritchie, 2006) and design tourism products and services containing tourist needs. Destination choice and selection 2.3.1 Influential factors to make tourism decision Once the decision made to start tourism, the decision maker is in front of many questions, such like where to travel, whom to travel with and how to travel. In general, this is a process to collect, organize and assess the information (Liu, 2008). 2.3.1.1 Environmental perception Environment perception refers to the tourism information rooted in mind, the old information and collected information. In general, this is the whole impression for the travelling. The potential tourists would be influenced by the environment perception. Though there might be some very significant tourist destinations, the tourists will not go the famous places that have no impression in their mind and perception. That is what we called environmental perception. Environmental perception mainly include first, the popularity of tourist, which is the first impression of the tourism destination, the tourist will neglect other same destinations; second is tourism distance, the influential factor to the decision is the imaginary distance, not the real distance of the destination. The imaginary distance is made of unreal distance, and time cost, money cost, and energy. 2.3.1.2 Principle of maximum benefit Principle of maximum benefit refers to the tourists will get the best enjoyment within certain budget during the tourism. Tourists will think it over before making a decision to travel. The main principles of maximum benefit are: The minimum time on tourism, it means that the decision to travel will be made according to time spending on it, if the time spending is less than a level, then the decision will be made. Tourists are in favor of less time spending on the travelling. Second is the popularity of tourism destination. The tourism destinations with higher popularity are more attractive, and tourists have gained more information though tourism. Meanwhile, the tourism destination, which has different culture, will arouse the interest for tourism. Beside the two factors, there are other influential factors: best tourism destination, proper price and comfortable accommodation. 2.3.1.3 Tourism preference Tourism preference refers to the humans impression based on their characters over the reality. The tourism preference of tourists is influenced by humans personal impression. The tourism preference is decided by personal impression of tourists. Regarding tourism preference, there are three factors to research, including age, occupation and education. 2.3.2 Content of tourism decision Before starting the tourism, the tourists are supposed to make a lot of decisions; any of them will take personal factors and will into consideration besides external factors. For example, they will ask for some suggestions and think about the tourism route and travelling partner. These questions mainly include information channel, decision maker, travelling partners and tourism pattern. 2.3.2.1 Information channel Information channel is the way to obtain and collect the information. With various channel, it is able to obtain the product information, or other users experience of using the products. As the society turns into a information-based ear, the information channel is various, which including networking channel, newspaper, books and magazine, television, internet and tourism institutions and so on. 2.3.2.2 Decision consultant Decision consultant is someone who the tourist will ask for suggestions before starting tourism. Potential tourists will take suggestions into consideration, and then is more likely to ask for others consultation about where to go and how to go. 2.3.2.3 Tourism partners People would like to find partners when go shopping, the same like tourists, many people like to start tourism with partners. According to experts of consumer behavior, they have made further analysis on the relationship between person and his partners in shopping. According to analysis, the shopping partners are intended to provide the suggestions based on their experience on the products and marketing, while the relationship between them is not intimate, such like neighbor, colleague and schoolmates. However, the suggestions might be focusing on the persons characters and personal demand, while relationship between them is intimate, such like family members. Choices from tourism partners are not only a reliable resource, but also the suggestions and advices. 2.3.2.4 Ways of tourism Ways of tourism is focusing on how to reach the destination. In general, there are two ways to travel, first is joining the travelling agency, and another is individual tourism. In this context, it will specify ways of tourism into several aspects, including joining travelling agency, individual tourism depending on maps, companys tourism, communitys tourism, institutions tourism and others. 2.4 The senior travel market 2.4.1 The seniors travel market in oversea For overseas countries, as they started the tourism analysis in an early time, traced from 1980, the understanding towards tourism of the old people is very fruitful (Liu, 2008). It reflects in these aspects: Research on tourism motivation Regarding the research of tourism for the old people, it mainly focuses on tourism motivation and perception. The research has applied many methods, including questionnaire, on-spot survey. The method mainly focuses on the incentive and influential factors. Besides these methods, many other scientific measures have been applied. For example, a survey on the old people in Israel has been made by Aliza Fleischer in 2002. According to the survey, it found that the main influential factors are income and health, also the tourism time is also changing according to age. For the people aged from 55 to 65, they have rising free time and income, which is decisive to the increasing tourism times. For the people aged above 65, as their income and health going down, the tourism time is reducing (Aliza, 2002). Jaesoo et al. (2003) have applied neural network of describing method to estimate the weight of influential factors towards the old peoples tourism. Meanwhile, it applied the non-neural network model to describe the relationship between tourists and tourism products. Anderson and Langmeyer(1982) analyzed the relationship between the old people and tourism. According to survey, tourists aged above 50 prefer tourism or visiting relatives to enjoy themselves. However, tourist aged below 50 prefer out-door activities or other entertainment facility to enjoy themselves Goossens (2000) proposed the model called enjoyment incentive, which is also called model of intention, stimulation and reaction. The model includes the factor of pulling and pushing. Regarding the factor of pushing, it refers to environment, social status, relax and friendship; in respect of the factor of pulling, it refers to the situation of tourism. It emphasized the relationship between pulling and pushing, it considered that these two factors are two sides of a coin, which is closely tied in tourists mind. Crompton and Mckay (1997) pointed out that there are 6 incentives to attend the activities, including experiencing culture, curiosity, return, and balance, social activity with friends, official activity and family activity (Crompton and Mckay, 1997). Research on tourism behavior of the old people Regarding the old people, the research on detailed behavior of tourism is comparatively fewer, mainly focusing on the difference of behavior compared with others. Blazey (1992) has made a research on the relationship of tourism before and after retired, plus the usage of tourism information of the old people. Lewiser Aiken (2001) has pointed out that friendship is a networking, a mental support and a resource of information and entertainment for the old people. Meanwhile, he pointed out that the old people are more reliable to get information from prints, such like newspaper and other magazines. Romsa and Blenman (1989) compared the difference of tourists aged below 50 and above 60 in German; the result is that the tourism time is more flexible for the people aged above 60. Research on tourism market of the old people The research market of the old people played a part in the whole research, mainly focusing on how to attract the old people in tourism market. Charles D ¼Ã… ½Schewe (1985) indicated that the reason to target the old people in tourism market, as they have large potential and sustainable purchasing power. Francis et al. (1988) regarding the rising number of the old people in USA, it trying to find a way to attract them for the tourism industry, and an information channel to help them set up the vacation plan. In general, regarding the tourism behavior of the old people, the features are: the main influential factors are income and health; also time, income, health age will influence the length and time of tourism; the tourism time will be reduce in accordance with the rising age; friendship is an important information resource for tourism; tourism time is flexible; purpose of tourism is for self-enjoyment. 2.4.2 The seniors travel market in China Since 1999, our society became an aged society, the old people was the main part of society, which is also played an important part in the tourism industry. The research of tourism behavior for the old people started from 1990, in this case, the research has been only in the primary step so far. The core of research was the tourism industry of the old people with many results. However, the research of tourism behaviors feature of the old people is very few (Liu, 2008). Research on the old peoples tourism Though the experts have involved in this issue for not a long time, there has some results. Wei (2001) thinks that the tourism incentive of the old people include health, culture, history and recollecting memory. The old people prefer cultural and historical cities, and would like to go travelling with families, friends or fellows. Liu (2005) thinks that the influential factors on the old peoples shopping include friend, culture, economy, mind and heart and commercial environment. According to a research made by Yu (2003), regarding the old people in Jiangxi, they have large demand on health recovery tourism due to the problems in health condition. Their information channel is mainly the traditional advertisement. Their way to go travelling is mainly following the travel agency. They prefer cultural and historical cities and spend less than average level. Wang (1999) argues that the old people are in a pure shopping stage which is very rational and have high requirement on quality of the products than others. Casual consumption and service consumption takes big proportion. According to an analysis regarding the old peoples tourism industry in Taiyuan made by Zhang (2006), the travelling rate is higher for male than female, especially among the people aged from 60-65. The tourism purposes are mainly for sightseeing, self-enjoyment and recollecting memories; the shopping level are middle level, and the tourism time are seldom in peak season. A survey regarding the tourisms of the old people in Shanghai, the rate of tourism is high with moderate time. The purposes of tourism are mainly sightseeing and for health recovery which is very traditional. They spend money very carefully and will choose to follow the travel agency. They prefer transportation of bus and train. The distance of tourism mainly focuses on short or medium long. They prefer natural environment (Hou, Yin and Chen, 2005). Also a survey regarding the old people in Fuzhou, the rate of tourism is divided into two extreme levels, high and low; the spending time of tourism is estimated to reach one week. The purposes of tourism are for sightseeing, health recovery or visiting relatives. They paid much attention on comfort, security and seldom ask for luxury accommodations. The transportation is mainly bus or train. They prefer travelling with partners and fewer will follow the travel agency. Security concern is the main obstacle for tourism (Tang, 2001). According to an analysis regarding the old people of Chongqing in tourism industry, sports tourism has the same purposes with common tourism; the purposes are for health condition, entertainment and health recovery. The information channel is mainly from company and relatives. They prefer individual travelling. The old people held a prudential attitude towards shopping. Male is the majority to attend sports tourism. The rate of tourism is low for people aged above 65 (Yang, 2003). The main research methods are questionnaire and interview. The research of the old peoples tourism behavior focuses on the incentive and preference, travelling method, transportation, information channel and spending cost. The features of the old peoples behavior are based on demography and influential factors of tourism behavior. Research on tourism industry of the old people In the domestic research, the feature of the old peoples tourism market, feasibility and expansion strategy plays a big part. According to Li (2005), regarding the old people, there are 6 features in tourism industry, such like enjoyment and prefer travelling at off-season. Li (2001) has made an analysis on the old peoples feasibility in tourism industry, which including factors of purchasing power, incentive, purpose, time and health condition. Xu and Chen (2001) proposed that it needs to focus on these factors to explore the tourism market of the old people, including research, products strategy, channel strategy and other promotions. The research on the old people in tourism industry is mature, which has reached an agreement on features on the old people in tourism industry, feasibility, and development research and mature strategy. These results are significant to the following research. However, these researches are limited due to lack of on-spot examination (Liu, 2008). In summary, features of the old people in tourism industry are as follows: the purposes are for self-enjoyment, sightseeing and health recovery; natural scenery and historical sites are attractive; travel time is seldom in peak season; health condition is better than before, and is able to attend some not-so-tough tourism; relatives and friends are the main information channel; joining travelling agency is the main way to tourism; prefer the tourism with family, friends and fellows; holding a prudential attitude towards travelling; taking bus and train as the main transportation with high requirements on travelling safety. 2.4.3 Researched the Nanjing seniors travel market Consumers demand will trigger him to shopping and decide his shoppings way. After entering into the old age, a person has changed psychically with rich experiences in life and consumption. Their consumption behavior is different with other ages, which is very specific and characteristic. This special consumption characteristic could be found in tourism motivation, time, manner and destination preference and other relative aspects. Research on behavior of the aged in tourism will contribute to better understanding to their demand and will help the expansion of tourism industry for the aged (Wei, no date supplied). Wei (no date supplied) has researched the Nanjing seniors travel market and analysis several behaviors below: 2.4.3.1 Tourism motivation Nostalgia For the aged, they have a very memorable time in the past. Though after years, they are willing to go back to the place where they have lived, or talk with the old friends to remind the old time. Loneliness Generally the aged have more free time, and most of their sons and daughters live without them. Their sons and daughters are busy at work, has little time to take care parents. What they can do is to visit parents home on weekend and have some small talk. However, for those who work in other cities, they cannot be with their parents. In this case, many old people feel lost and lonely. Therefore, tourism is able to satisfy their life and attract their attention. Increasing knowledge For many old people, they only heard the names of some famous tourism destination, but due to various reasons, there is no chance to go there. Many old people want to go travelling while the health condition and economy allow, they want to feel and know the prospect of the outside world. Health and entertainment The life of old people is focusing on family and health from previous work. They choose to work out through tourism and entertainment, to go to the natures, for more fresh air, or to live in suburb place. Many obedient children will arrange family tourism; some will drive their car and bring parents together to go on a short tourism to peripheral area. In the tourism, the old people will have a lot of fun. Tourism time Due to health limitation, the old people are not willing to go travelling in winter or summer. They prefer spring or autumn, mainly in May, June, September, November (Wang, 2003). Because this period has proper temperature and humidity, it is good for travel, especially for the aged. Due to limited budget and other reasons, generally the old people are not willing to take a long trip, they prefer short or not-long trip. They want to spend a certain time, such like one week. Tourism manner In general, the old people need stability and security in the tourism, and ask for relax, freedom, comfort, and leisure. Most old people will choose to follow travelling agency. For the old people ¼Ã…’their energy is weaker than other young tourists. Also, they want to enjoy their no matter vacation or rest, they want to fully satisfy their demand for fun, and do not want to pay much attention for accommodations. They prefer joining travel agency for the convenience. Tourism destination According to survey, the purpose of tourism of the old people is mainly for the natural prospect. The tourism with purpose of health is more than pure tourism. It signified that due to the health condition, the old people have more demand in healthy tourism. The tourism destination is closely tied with the age of tourism. The elder tourists prefer cultural destination. For the old tourist, they prefer famous mountain scenery and places of interest, especially natural scenery and revolution scenic spot (Qiu, 2006). As people have different taste to their choice, the old people have their own choice in tourism. However, no matter where to go, they will take security and convenience into consideration. In general, they prefer some places with good environment, or famous cultural cities, religion places, and places with folk custom. Also they like the destinations with slow living rhythm, longstanding culture and high status in history. Tourism expense The old tourists are mainly frugal and holding an economical attitude, requiring comfort and security. They ask little about luxury life. Their consumption awareness mainly is practical and economical. Though the consumption price is rising, too higher price will stop their consumption. Meanwhile, the fee is mostly paid by the old peoples children; and they do not want their children to pay a big bill. They prefer economical tourism. According to survey, there are 17% old people are in well-off economy condition with rising demand for tourism, however, another 70% old people who has requirement for tourism but they need the economical one (Liu, 2007). As the old people get retired, they have plenty of time. Generally speaking, the old people are a group who spend longest time in tourism, with an average day of 10.3, which keeps rising (Hu, 2002). As the old people have more time to travel, they will spend more in entertainment and accommodation. Especially they have significant potential in shopping. 2.5 Hypotheses According to Valerie (1997), setting up and testing a hypothesis is an essential part of statistical inference. In order to create a test of a hypothesis, the starting point is to present a theory that is either believed to be true or is intended to be used as the basis for an argument. The aim of using a hypothesis here is to investigate the real perceived impact of the tourism industry in Huairou. Generally speaking, a hypothesis is a type of prediction which will not always turn out to be accurate, depending on the facts of the particular case. So, all of the predictions must be tested and proven (or disproved) using data analysis and/or further investigation. The hypotheses are based on a review of the prior literature, and the hypotheses have two parts.