Friday, January 24, 2020

Essay --

Trust is defined in the dictionary as believing in someone. Trust is what everybody in the world desire, or should desire from one another. It is the key part of establishing a good friendship. Trust is what keeps a relationship with family good, and works as a magnet to keep the bond alive. Without trust, there is not friendship, and without friendship, there is no love. Trust is very hard to gain, but very easy to lose. To gain someone’s trust, it might be a very difficult and painful road especially if you love that person. To be told you are trusted is a great feeling, but you should never take advantage of that trust. The second you take advantage of someone’s trust, that relationship will weaken and demolish as a result of distrust. According to my second story, the girl knew that her boyfriend cheated on her and decided to leave the relationship. All the trust that she had in him was destroyed as a result of a reckless action. This story is a good example of the consequences of distrust, and how it affects a relationship. On the other hand, having somebody to trust is a wonderful feeling. It provides us support by enabling us to share secrets, stories, and other events. The feeling of being trusted might possibly be one of the best feelings a person can encounter during his lifespan, it makes us happy and strong. Trust gives us the power to help somebody by having a small talk with them about something they need help with or need advice on. In my fifth story, Stacey failed her math test and she is scared to tell her parents due to the consequences she might encounters. She couldn’t find a good solution to the problem. Her friend Ann passed by her, and started a conversation with Stacey to find out the problem. After Stac... ...shelf and immediately came up to me to ask me why the shelf is empty. I couldn’t blame it on someone else because it is my responsibility. I was given a warning but I learned no to trust anyone. It was a bad experience for me because every person likes to fulfill their job requirements in order to prove something to their bosses, but this time, I fell short because I trusted someone who cannot be trusted. Expectation has a lot to do with trust. I expected my co-worker to do what I told him and by doing this, I trusted him. These two seem to tie into each other. Part of trust is having the expectation that someone will do right and be towards you. It is why you feel safe around them. Trusting that person makes you feel more comfortable in that environment, but for me, I learned to not trust or expect anyone to help me at work because they want to be better than me.

Thursday, January 16, 2020

How can Marketing mix model help Manchester United build its global brand? Essay

The main purpose of this report is to introduce the definition of franchise and to analysis the advantages of it. The report comprises several advantages of franchise in almost every aspect, which have been proved to be essential and reliable. By this mean, the conclusion could be drawn that it is the best way to run an international business by franchise. 2. 0Introduction Franchise, is an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities. For example, McDonald’s is one of the most famous brand franchising. As the franchisor, McDonald’s gives the right to the franchisee, as well as sell McDonald’s related products to someone who is willing to set up his own business. The license agreement demands McDonald’s to persist in manufacturing or operating ways and the quality of the good. This is a settlement that can suit both parties pretty well. Under a McDonald’s franchise, McDonald’s owns or rents the position and the building of restaurant. The franchisee buys the parts, the equipment and the right to manage the franchise in next twenty years. To confirm coherence throughout the world, all franchisees must use standardized McDonald’s menus, branding, administration systems and design layouts. 3. 0Main Section 3. 1 Justify of the reference Bernd Helmig is Full Professor, Chair and Head of Department for Business Administration, Public & Nonprofit Management at the University of Mannheim (Germany). Besides he acts as Academic Director for Executive Education of Mannheim Business School. He was Visiting Faculty Guest at Harvard Business School (Boston, Cambridge/Mass. ), and Visiting Scholar at the University of Edinburgh (UK). His research interests cover fields such as Nonprofit Marketing, Fundraising, Social Marketing, Failure of NPOs, and Corporate Social Responsibility (including Corporate Giving and Corporate Volunteering). Tansev Geylani graduated from University of Pittsburgh. He has such degrees as PhD in Industrial Administration (Marketing), Carnegie Mellon University, 2004,MS in Industrial Administration (Marketing), Carnegie Mellon University, 2002 MBA, Koc University and 1999 BS in Mechanical Engineering, M. E. T. U. , 1997. Tansev Geylani joined the Katz faculty in 2004. His research interests include distribution channels, retailing, product line strategies, information sharing, marketing & antitrust, media competition, and user-generated content. He was named Marketing Science Institute Young Scholar in 2009. Other awards he received include Management Science’s Distinguished Service (2009 ; 2011) and Meritorious Service awards (2012), the Katz Excellence in Research Award (2009), and the Katz Excellence in Teaching Award (2008). Alanson Minkler work as an Associate Professor, Economics for University of Connecticut at Storrs Mansfield. His subject areas include: Economic Rights, Alternative Economic Decision-Making. He also has degree like Ph. D. University of California-Davis, 1988 and B. A. University of California-Berkeley, 1981. His initial interests centered on worker contributions and motivations in firms, with particular focus on labor-managed and franchised firms 3. 2 Advantages of Franchise Being your own boss The franchisor regularly checks the standards of service, quality, value and cleanliness of the franchisee (Minkler, A. , 1990). The franchisee who gets all the training and support from franchisor is operating his or her own business so has much to lose as well as gain, which motivates them a lot to determine to succeed. Lower failure rate Once you use a franchise, you are buying a developed concept that has been successful. Figures show that franchisees stand a much better opportunity of success than people who start independent businesses; independent businesses count a 70 to 80 percent chance of NOT surviving the first few critical years while franchisees have an 80 percent chance of surviving (Michael M. Coltman, Franchising in Canada: Pros and Cons, Self-Counsel Press). Intensive initial training The franchisor has the duty to offer full-time training program which includes three stages to franchisee (Tansev G, 2004). Firstly, it starts with working in a restaurant, wearing the staff uniform, preparing for food and cooking. Secondly, it focuses on areas such as team building, business management, handling customer enquiries and leadership skills. Lastly, the trainee learns about stock control and ordering, legal side of hiring and  employing staff and profit and loss accounts. These training methods are proved to be absolutely essential. Marketing help Franchisee could benefit from the parent company’s marketing programs, according to Entrepreneur. com. The marketing and advertising advertisements created by the franchisor leave franchisee with more time to focus on the daily operating of business. This is a win-win for both parties. It helps increase sales by means of franchise, which, on the other hand, allows the parent company to collect more fees. (Bernd H. 2008) Continuous support It recognizes that the success and profitability of many international chain brands are inextricably linked to the success of the franchises (Minkler, A. , 1990). A highly qualified group of professional advisers offer continuous support on everything from human resources to computers and accounting. The field adviser can become a valuable business partner and a sounding board for ideas. Guaranteed Territory In most cases, a franchise parent company would guarantee franchisee a predetermined territory and assist it in succeeding in that field (Tansev G, 2004). Territories vary depending on the company which is worked with, but not having to compete with another franchise location from the same company in territory can help to generate revenue. 3. 3 Shortages of Franchise One major problem for a new business is predicting how much business it might enjoy, running the risk of either cashflow problems or the difficulties associated with overtrading. The turnover and profit from any outlet will vary, depending on a wide range of internal and external variables. Each franchisee is expected to take a positive approach to building up sales, although an average rate of return of over 20 percent is generally expected over the lifetime of the franchise. When it comes to starting a business, many people think of buying a franchise as a shortcut to success (Bernd H. 2008). While there is some truth to this, not all franchises are created equal, and not everyone is cut out to be a franchisee. 4Conclusion By specific descriptions of many advantages of franchise and comparison them with its drawbacks, we can make the conclusion that franchise is the best way of international business.

Wednesday, January 8, 2020

Problems with Included Tree Bark

Included bark or ingrown bark tissues often develop where two or more stems grow closely together causing weak, under-supported branch angles. Bark often grows around the branching stem attachment and into the union between the two stems. Bark has no strong supportive fiber strength as wood does so the connection is much weaker than a union without included bark. Pruning All maturing trees are subject to having bark inclusions and need pruning while limbs are smaller and easier to remove. Any signs of a cracked weak branch angle (shaped like a V) with included bark that occurs on the main stem or any included bark areas on larger, lower limbs should be considered a defect. Connected stems with a supported U or Y shape are desirable.  Proper pruning will help prevent included bark and encourage the proper shape. Dont Automatically Worry about Decay The presence of decay by itself does not make the tree a hazard tree. All trees have some rot and decay with advancing age. Decay is a problem where the wood is soft and hollowed out along with the presence of mushrooms/conks. Take immediate action if advanced decay is present or associated with weak branches or included bark. Signs for Concern   A weak branch union occurs on the main stem.A weak branch union is associated with a crack, cavity, or another defect.