Thursday, August 27, 2020

The Westboro Baptist Church And Its Members Example

The Westboro Baptist Church And Its Members Example The Westboro Baptist Church And Its Members †Article Example Bharti Airtel Limited Organizational structure Headquartered in New Delhi, India and by and by stretching out in more than 20 s all around, Bharti Airtel Limited accept a Matrix type of authoritative structure (Airtel, 2014). This includes joining of both divisional and useful structures with the end goal that it shows up as a lattice empowering order to stream vertically just as on a level plane. Nonetheless, because of current eccentrics of worldwide economy just as solid rivalry presented by comparative players in media communications field, this firm’s strategy creators have throughout the years since its origin continued changing until to the current state. This is clear both in 2011 and 2013 whereby it balanced its structure to guarantee sufficient and brisk development of its customer business (Airtel, 2014). Also, it was a system to dodge serious and horrible rivalry all the more so in territories, which Bharti Airtel has overwhelmed like S. Asia and India. This likewi se was to help in formulating ways on the most proficient method to infiltrate other ruled territorial markets by their rivals, for example, in Kenya where Safaricom to date nearly consumes the whole market (Airtel, 2014). Nearly in all divisions involving the whole structure, the heads are chiefs represent considerable authority in a specific given activity. At that point these chiefs or CEOs other than the fundamental one there are comparable experts working under them having comparative experience and aptitudes intended to execute their center and separate capacities. This is clear as appeared in outline beneath. In the journey to facilitate its development plan, Bharti Airtel as of late for example on 5Th February 2014 concocted an increasingly decentralized procedure that addressed its authoritative structure. This was to guarantee Airtel across Africa will be in a situation to stay aware of firm rivalry by placing all the working states into four grouped Strategic Business Uni ts (SBUs) (Airtel, 2014). These were to answer to the MD just as CEO as from first April 2014. For example, one of this bunched Strategic Business Units (SBUs) incorporate that of Zambia, Congo B, Malawi, Burkina, Niger, Chad, Madagascar just as Seychelles spoke to by Mr. VG Somasekha (Airtel, 2014). According to ongoing examinations dated first quarter of 2013, Airtel works in 17 African states having a demographic pool of 63.7 million clients. References(2014). â€Å"Bharti airtel constrained †Organization structure (India and South Asia).† Airtel. Recovered from

Saturday, August 22, 2020

Literature Research and PICO Question Annotated Bibliography

Writing Research and PICO Question - Annotated Bibliography Example In fact, the creators contended that determining the desires or decisions of the patient for their consideration is a major necessity in setting up a viable consideration plan. The investigation found that around 42% of the 380 members with cutting edge malignant growth favored palliative consideration of a progressively traditionalist nature, with the said level of patients really picking just a couple of methods of treatment. In any case, notwithstanding this inclination, the creators likewise took a gander at what segment attributes foresee the chance of a decision among CPM and AAMM. Maida, et al. (2010) found that more youthful, non-Caucasian malignant growth patients who have with them substitute chiefs (SDM) are bound to favor increasingly forceful methods for adapting to the illness condition. This investigation was picked as a critical writing since it intended to measure the qualities and inclinations of patients with their finish of-life care. Thusly, the examination gives a rich foundation to the PIO question investigating which could be increasingly viable in giving solace toward the finish of life, CPM or AAMM, as saw by the patients themselves. Rose, J. H., O’Toole, E. E., Dawson, N. V., Lawrence, R., Gurley, D., Thomas, C., et al. (2004). Viewpoints, Preferences, Care Practices, and Outcomes Among Older and Middle-Aged Patients With Late-Stage Cancer. Diary of Clinical Oncology, 22 (24), 4907-4917. Much like the prior examination by Maida, et al. (2010), this exploration intended to investigate the inclinations of terminal malignant growth patients in their consideration toward the finish of life. Be that as it may, this examination adopted a progressively subjective strategy, really investigating the inclinations for the consideration of the patients, and the degree by which these inclinations were seen to have given solace to the patient before their demise. By using a more top to bottom investigation of the apparent viability of various palliative techniques, the scientists had the option to bring up which strategies were best in advancing solace

Friday, August 21, 2020

How to Become a Thought Leader in Your Industry

How to Become a Thought Leader in Your Industry Do you have ideas about the direction your industry should be heading? If so, you could be on your way to become a thought leader â€" to becoming an expert in your profession and someone people look up to for fresh ideas.Every industry needs leaders â€" the world’s greatest developments would not have occurred if it weren’t for the brave individuals who thought outside the box. But what does it take to become a thought leader, someone who’ll change the industry? © Shutterstock.com | kmlmtz66This guide will look at 1) thought leaders, 2) the qualities you need and 3) the steps you’ll need to take in order to change your industry, and perhaps the world.WHAT IS A THOUGHT LEADER?Most people tend to have their own definitions of a thought leader. While there are always going to be subtle definitional dispersion around the term, the consensus agrees thought leaders to be individuals, or even organizations, that make a significant and positive difference in their industry.Thought leaders are the go-to people in their field. They aren’t necessarily the most successful in their field in things such as position or monetary gain, but the industry respects these people and look up to them for inspiration.While thought leaders don’t have to be holding the highest positions in business or industry, they are always people who can make their ideas work. It’s easy to think thought leaders are people who can only offer ideas. But thought leaders are people who can turn these ideas into sustainable change â€" innovation won’t only be about coming up with ideas, but also about making these ideas work.Few examples of great thought leadersIf you are looking to become a thought leader, it is a good idea to look at examples of thought leaders. Not only does it clarify the qualities and characteristics of a thought leader, it also helps you learn about the steps these people took in order to become a thought leader.Every industry in the world has a few respected thought leaders and it would be impossible to list all the famous names. But below you can see a two of the most well known examples.Nate SilverNate Silver is a world famous statistician. He took the world by storm during the 2008 Presidential election in the US, when his blog was able to predict the results. He used his expertise in statistics to create interesting and compelling analysis.While his predictions were largely dismissed at the start, his accuracy in the end lif ted him on the platform. He became a trusted spokesperson in his field and Silver is a frequent guest on news platforms whenever there’s talk about the upcoming elections or prediction of some sort.Robert ScobleRobert Scoble’s position as a thought leader happened slightly differently. Scoble is a tech geek, who was working at Microsoft and evangelizing to the world about the latest inventions. He did so through his highly successful blog, Scobleizer.He has been able to talk about new tech gadgets before they’ve made it big in the public, because of his connections and passion. He is looked up as someone the companies want to contact, in order to get an analysis and exposure for their products.The qualities of a thought leaderBut what are the key qualities people like Silver and Scoble share? While each thought leader can and should do things a bit differently, there are some characteristics they all have in common.If you want to become a thought leader, you might want to star t by developing the following six qualities.KnowledgeYou cannot convince other people in your industry to follow you, if you don’t know enough about the sector. Knowledge is truly power when it comes to becoming a thought leader. For example, Silver knew the world of statistics inside out and was able to draw into this knowledge.Thought leaders not only know their industry inside out, they are often able to draw into other sectors for information as well. It is this broad understanding of different industries, as well as the world as a whole, that helps them achieve expertise and to think outside the box.PassionThought leaders are always passionate about what they do. It is hard to convince others to listen to you, unless you care about what you are talking. You are more able to inspire and motivate, if you are passionate about what you are doing.PatienceIf you want to be a leader and an innovator, you’ll need to have patience. Changing your industry for the better won’t happe n overnight, as humans tend to resist change. You’ll need to be able to stay calm and continue towards your goals.You’ll also be dealing with many people, some of whom might not understand your vision from the get-go. You’ll need to be able to explain your ideas to people clearly and calmly.FortitudeBecoming a thought leader won’t be an easy journey. You are going to meet resistance, questioning and even sometimes outright hostility. But thought leaders persevere.Setbacks, criticism and failure are likely going to play a part in your journey. What will set you apart from the rest will be the fortitude to withstand the events you are faced with.ConfidenceHave you ever met a leader who doesn’t trust in his or her abilities? Most unlikely, as self-belief is one of the key characteristics successful people share. You’ll need to be confident in your ability because you’ll meet people who’ll doubt you.Remember confidence doesn’t mean the same as bragging. Confident peopl e don’t need to keep telling other people they are great, they’ll just go and show them.PresenceFinally, thought leaders are always able to charm. They have presence â€" they can fill the room with a sense of charming authority or come across as extremely warm and friendly.WHY SHOULD YOU BECOME A THOUGHT LEADER?Before we move on to the concrete steps you need to take in order to become a thought leader, it is important to consider why you should be aiming towards this goal.While personal gain shouldn’t be the driving force, but rather your passion for developing your industry, there are things to gain from being a thought leader. If you are passionate about your career and your industry, then it can definitely be a good idea to consider taking the steps to become a thought leader.The benefits of being a thought leader include:Professional accomplishment â€" You’ll naturally achieve the feeling of a professional accomplishment as a thought leader. You need to work hard in ord er to become a thought leader and receiving recognition will make all the hard work seem worth it.Career satisfaction â€" If you are passionate about your industry, but you don’t feel satisfied with your career, becoming a thought leader can help you massively. Knowing you are valued and listened to will give better career satisfaction. It might also suit you better than seeking a specific position in the industry career ladder.Strategic visibility â€" You can increase your strategic visibility as a thought leader. Not only does it mean your professional visibility increases in general, you’ll also improve your visibility among the people who matter. This could be sponsors, media people or even politicians. If you are a business owner, then you will enhance your business prospects with better visibility among the people that matter. You can also shed light into other aspects of your industry and therefore, improving how the world views your industry.Improving opportunities â€" O verall, being on top of your industry and leading the way, you’ll gain better opportunities. This often means you can continue to remain on top of things because you’re constantly opening up more doors to new achievements. Furthermore, you’ll also gain improved opportunities for your industry and local community. These opportunities will make it a lot easier to achieve lasting and meaningful change within your industry.KEY STEPS TO TAKE TO BECOME A THOUGHT LEADERRegardless of your industry, there are certain strategies you can use to become a thought leader. The following will help you take the crucial steps in order to propel yourself into recognition.Do something differentFirst, you’ll need to do something different in order to stand out from the crowd. Becoming a thought leader is not the same thing as being an expert in something. Most people can gain enough knowledge about an industry and can then talk about it like an expert, but only few can vision something new and f resh.Thought leaders are always able to find a new angle to a story or come up with a better product â€" no matter what the industry is, the key is to refresh it with new ideas.In order to become a thought leader you need to differentiate yourself from the rest of the industry. Nate Silver’s rise to being a thought leader is the perfect example of this. He did something different, trusted his ability and in the end proved everyone else wrong. Only by showing an alternative way are you able to make people listen to you.Furthermore, thought leaders continue to be bold and different, even when they establish their position. As mentioned earlier, you are the driver of change and innovation â€" not an expert to point out the obvious.But keep in mind that thought leaders stand out because they do something differently as well as correctly. If Silver got all of his predictions wrong, he wouldn’t be a thought leader.Brand yourselfAs a thought leader, you won’t be selling just your ide as to the audience; you’ll also be selling yourself. Therefore, branding should be one of the first things you do.Just as companies need to build a brand in order to gain reputation and market presence, thought leaders must do the same. Instead of marketing a product or a service, you need to sell your ideas and expertise.Branding involves a lot of networking. It is important to take advantage of your existing connections, as well as create new ones. You want to be talking to people in the media, within your industry and other established influencers in order to get your word out. Become visible in industry seminars and networking events, as well as the digital world.Make sure you also create a consistent approach to things such as blogging, social media and visiting seminars. You need to be visible regularly and in the right markets, not just when you have something new to say.Furthermore, thought leaders can gain plenty of experience from mentors. You need to create connections with the right mentors and learn from them. At the same time, you can start reaching out to other people in the industry and start mentoring them.Create a strong online presenceIn the era of technology, becoming a thought leader means taking control of the Internet. Strong online presence will boost your chances of gaining more visibility and it has significantly improved a person’s ability to brand themselves.You must create yourself a blog and use it for sharing your vision. Become a regular blogger and reach out to other bloggers as well to gain more visibility. But on top of this, you also need to be active on social media.As you are aiming to become a thought leader, pay special attention to your content and the way you present it. As mentioned above, thought leaders stand out and one of the ways could be by having a unique approach to sharing your ideas.In addition, there are different digital channels that might work better for specific industries. But you shouldn’t overl ook the three key social media platforms: Facebook, Twitter and LinkedIn. Make sure you don’t just share your own opinions on social media. You also need to engage other people in conversation, share other people’s ideas which you’ve find useful and connect with people that might be interested in your ideas.Finally, you need to remember a strong online presence isn’t just about being visible. The quality of your presence also matters. You cannot spew out content that has no value and adds nothing to the conversation within your industry. Make sure you carefully consider each comment, post and share you make online. Ask yourself how they will impact your thought leader position and whether they bring you closer to your goals.Get media visibilitySocial media presence alone won’t necessarily turn you into a thought leader. You still need to be acknowledged by the media. You’ll want to try to appeal to the industry specific media, as well as the general media.Remember media outlets don’t always come to you for comments directly. Sometimes it helps to offer your expertise to the local radio, newspaper or TV station. Tell the influencers in the media about your ideas and vision â€" create connections.One of the best ways to gain both media visibility and more credibility as a thought leader is by publishing a book. Not only are you able to sell your book, but you’ll also get to talk about it in the media. Use the concepts you’ve developed in your blog as a base for your book, for example.Before you start contacting the big media outlets and top industry publications, make sure you have something to show. Start by getting your blog enough regular readers and good quality content, guest blog in the smaller industry-related blogs and slowly move towards catching the bigger fish.Make sure you don’t just preach to the converted. While it is always easier to appear in front of media channels that adore you, you also need to reach out to the audience th at might not agree with you.Be ready for the stormsFinally, as you start with the following steps, you will start gaining more publicity and get closer to your ultimate goal. But it won’t be easy â€" in fact, the closer you get to your goal, the tougher it will become to achieve it.This is because people won’t automatically love you or believe you. As you are trying to change the thinking within the industry, you are going to cause a stir. You’ll receive criticism â€" some of it which might be genuine â€" and you’ll most likely encounter jealous people.Some of the biggest thought leaders are also rather divisive figures. Consider Tony Robbins, for example. While he has been able to gain a huge following that adores him and he regularly speaks in the top publications, there are also plenty of people in the industry that don’t agree with him. But he isn’t bothered by it!As a leader, you cannot simply overlook these people, but you also can’t let them win. Don’t get los t in bitter battles with your opponents, but don’t forget to listen to them. You need to trust in your message and continue moving forwards confidently.FINAL THOUGHTSThought leaders are different from each other and each industry naturally requires certain special characteristics and strategies. But the above should have shown you that becoming a thought leader doesn’t depend on your age, gender or ethnicity.If you are passionate, committed and not afraid to take risks, then you can begin to change the course of your industry. Becoming a thought leader doesn’t happen overnight. You cannot take a course on it or expect it to just happen now that you’ve read this guide.It’ll take hard work, willingness to commit to your goal and the ability to keep learning. But hopefully, you’ve gained the tools from this guide to start your journey. You have the understanding of what it takes and what approach you should take. Now you’ll just need the vision to put these tips into prac tice.

Monday, May 25, 2020

Platonic Love In Platos Symposium - 1415 Words

Plato’s Symposium attempts to define the eclectic theory of love, a theory that is often believed to be the universal principle that guides mankind’s actions. Plato introduces several narratives in the form of a dialogue that seek to characterize this multifaceted theory of Eros. The meaning of love naturally varies in each narrative. Yet, in this dialogue of love, Plato presents a metaphysical approach to understanding the ambiguous meaning of love. Ultimately, Plato values the perennial quest for knowledge above all else. In Symposium, Platonic love is exhibited in the relationship between virtue and desire, as expressed in Diotima’s ladder. Desire is the vehicle, or the means to an end. The six Athenians ultimately present different†¦show more content†¦The older man will exchange his knowledge and virtue to the younger man for the fulfillment of the older man’s sexual desires. Like Plato, Pausanias believes that the highest maxim in the world to strive for is virtue: â€Å"For he too has demonstrated something about himself: that he is the sort of person who will do anything for the sake of virtue—and what could be more honorable that that? It follows, therefore, that giving in to your lover for virtue’s sake is honorable, what ever the outcome.† (185B) Yet, Plato, through Socrates and Diotima, differs from Pausanias in the way in which virtue is obtained. For Pausanias, the relationship between desire and virtue requires favors to be exchanged for both bodily and mindful stimulation. Since virtue is the desired outcome for the young man, he must submit to the authority of the older man by basically any means necessary, namely through sexual favors. Homosexuality appears to be a common beginning for the quest of virtue and philosophy, but by what means necessary to obtain these ends? Plato presents Pausanias’s theory to be only partially correct, as he ultimately extols a love that requires no sexual love. In Pausanias’s theory of love, sexual love is necessary to fulfill the both needs. Plato’s ideal form of love is fully expressed in the concept of Diotima’s ladder. Platonic love only partially identifies with Pausanias’s theory. Pausanias’s speech and the speeches of the restShow MoreRelatedWhy Is Diotima a Woman? Essay825 Words   |  4 PagesDiotima, Socrates great teacher from the Symposium, a work by Plato was one of the most influential women thinkers of all time, whether she was a real person or a literary fictional character. She related to Socrates the theory of love that he described to the partygoers at Agathons banquet, a celebration of Agathons victory at the competition of Dionysis in Athens and of Eros. Before we search for the idea of why Diotima is a woman, we should first discuss a little about her. We know thatRead More Why is Diotima a woman? Essay examples805 Words   |  4 Pages Diotima, Socrates great teacher from the Symposium, a work by Plato was one of the most influential women thinkers of all time, whether she was a real person or a literary fictional character. She related to Socrates the theory of love that he described to the partygoers at Agathons banquet, a celebration of Agathons victory at the competition of Dionysis in Athens and of Eros. nbsp;nbsp;nbsp;nbsp;nbsp;Before we search for the idea of why Diotima is a woman, we should first discuss a littleRead MoreWilliam Miller s The Of The Soul 940 Words   |  4 Pagesopposite can be sought in a complete form. Cooper’s ideas concerning this desire seem to fit a model Plato would readily accept as this interpretation of wholeness is fleshed out in greater detail certainly seem Platonic especially as this idea of wholeness is presented in a speech in the Symposium, and it is of intrigue as to why it never became a part of the soul Plato set out to define. Perhaps it was too much for him to interfere with the parallel between the city and the soul that he describes earlierRead MoreAnalysis Of The Speech Praise Of Eros On Plato Symposium1785 Words   |  8 Pages Jose A. Nunez Introduction to Philosophy 1113 Professor Dr. Sarah Woolvine March 23rd, 2015. Tittle: Analysis of Speeches Given in Praise of Eros on Plato’ Symposium Among the ancient Greek philosophers, Plato was one of the greatest. Known for his remarkable philosophical works, Plato was born into a very prominent Athenian family, and he was expected to have a proliferous political career, but the political scene at that time made Plato devote himself instead to his philosophicalRead More Necessary Physical Contant in D.H. Lawrences Women in Love and Platos Symposium2555 Words   |  11 PagesNecessary Physical Contant in D.H. Lawrences Women in Love and Platos Symposium D.H. Lawrence’s novel, Women in Love, presents a complex model of female-male and male-male relationships. Lawrence’s model relies heavily on a similar model presented in Plato’s Symposium. The difference between the two works lies in the mode of realization; that is, how one goes about achieving a ‘perfect’ love relationship with either sex. Lawrence concentrates on corporal fulfillment, characterized in hisRead More Exploring Love in Shakespeare’s Sonnets Essay4114 Words   |  17 PagesIn Plato’s Symposium, the discussion on the nature of love between Socrates and his companions in the house of Agathon clearly discerns key ideas that Shakespeare uses in the sonnets. Beauty, youth, and love are all topics of discussion in the conversations, and Plato’s ideas show up again and again when the sonnets are explored. In Symposium, Aristophanes gives a detailed description of a time when humans were not in their present physica l form (Plato 353). His tale posits that the original formRead MorePreparing for the Ultimate Trial Essay1967 Words   |  8 Pageslife , far more in number than the souls who were to choose them†¦ Plato, The Republic, Part 11/Book 10 In order to write this essay, I first had to understand Platos stand point on life and death, body and soul. What was his idea of a healthy way of leading your life? The very essence of Platonic thinking comes down to Platos definition of philosophy, which he simply puts as the vision of truth. This truth is revealed to a focused mind in a moment of ecstasy, as if a mist is suddenly removedRead MoreEssay The Metaphysical One in Platonic and Augustinian Thoughts2189 Words   |  9 Pageslegacy of Plato left its distinctive brand of influence on St. Augustines beliefs and writings, of this there is no doubt. In Confessions, Augustine himself professed that it was the Platonic books that enabled him to attach himself to his God. However, it is evident that Augustine re-augmented much of the Platonic thoughts and, combining them with the early Christian doctrines, configured the hybrid into what became the foundation of Catholicism. The differences—as well as similarities†”that existRead MoreComparing Plato s The Symposium1704 Words   |  7 Pagesalcohol and the significance of drinking in The Symposium. Through this text, Plato is writing about philosophy is the setting of a narrative in order to reinforce the context of the story. Plato was a metaphilosophist that supported the theory of forms. He believed that understanding pure form, achieving true wisdom, is something that cannot be defined or reduced to words, and all people should strive to understand pure form. The main symbol in The Symposium, is wine, a representation of wisdom. ThroughoutRead MoreAristotle s Symposium : The Nicomachean Ethics1934 Words   |  8 Pages720532457 The Symposium verses The Nicomachean Ethics Aristotle’s Nicomachean Ethics (Ethics) is regarded as one of the, if not the greatest work concerning ethics in history. The word ethics derives from the Greek word ethos, which translates more properly as â€Å"character†, and it would seem that Aristotle’s concern in The Ethics, is what constitutes good character, and that goodness is of practical use; that merely knowing how to be a way is only half of what’s necessary, and that the known must

Thursday, May 14, 2020

Rhetorical Analysis Of Reyes s Los Angeles - 978 Words

Rhetorical Analysis Essay: â€Å"Men Are Stuck In Gender Roles, Data Suggest† In Reyes’s Los Angeles Times article, â€Å"Men Are Stuck In Gender Roles, Data Suggest† posted on December 26, 2013, she discusses that there are gender roles in today’s society that has been set and learned at a young age, that men do men things and women do women things but there’s a small percentage where it’s flipped upside-down. The context of this article can be misogyny or sexist, and focuses more towards the male audience with a smaller portion of women. Reyes’s exigence comes from her own research as the â€Å"census data and surveys show that men remain rare in stereotypically feminine positions†(Reyes Par. 3). Due to her excellent use of appeals, Reyes’s article is highly recommended for the PopMatters Persuasiveness Prize. Reyes supports her claim with ethos with her usage of good credible sources; logos, using inductive logic and b y providing good statistics; and pathos, like the bandwagon appeal with an attempt to sway people away from the norm, and by providing stories from everyday folk on how they’ve encountered these stereotypes regarding gender roles. Initially, Reyes begins her article with an emotional appeal as she shares with her audience a story about a man named Brent Kroeger, who so happens to be a stay at home father. Consequently as he was viewing vulgar comments concerning stay at home fathers, Brent was troubled â€Å"wondering if his friends [thought] those things about him† claiming

Wednesday, May 6, 2020

Definition of Globalization - 2245 Words

Definition of Globalization [pic][pic][pic][pic]Different Viewpoints About Definition Of Economic Globalization Definition of globalization is a vast as well as a debatable topic. Contemporary writers have viewed this word from their own unique perspective. At the same time various factors including but not limited to culture, society values, benefits and side effects have been instrumental in shaping the various forms of definitions of this word. Globalization generally refers to the process of integrating regional economies and of course cultures by means of communication, trade and transportation. Commonly the word is often replaced by the term economic globalization. But this term is rather shallow as it only describes the fusion†¦show more content†¦But, on the other hand, diseases, polluting the environment and infections have started out distributing quicker. For example, H1N1 that began someplace inside a South American country is intimidating the whole world. The whole humanity is actually dealing with the risk of AIDS which had its source within the region of The african continent. Theres simple proof in order to demonstrate that globalization has added significantly in decreasing low income and this phenomenon is trickling down gradually to the planet. However the momentum with which the advantages are forwarded to other undeveloped nations is not even close to satisfactory. As a result, theres a developing inequality between countries within the recent years. Obviously, for the advantages to drip down quicker, the politics environment in those countries must also be steady which appears to be a large obstacle in a few nations around the world. Despite globalization, lower income nevertheless continues to be greatest problem, although the proportion of the worldwide population beneath lower income line is decreasing slowly. The principle consequence of globalization is the fact that economic conditions of nations arent managed by domestic policies alone. What exactly is happening in the remaining globe may also effect the economies in a significant way. Government authorities need to consider this particular reality and come up with policies thatShow MoreRelatedThe Definition of Globalization Essay1832 Words   |  8 Pages Globalisation is a term that is frequently used but hardly ever defined. It refers to the rapid increase in the share of economic activity taking place across national boundaries. This goes beyond the international trade in goods and includes the way those goods are produced, the delivery and sale of services, and the movement of capital. Globalisation it is also an idea of our time, highly contested and widely accepted at the same time. It relates to the economy, politics, cultureRead MoreThe Definition Of Globalization Given By The Writers At Globalization101. Org1242 Words   |  5 PagesThe definition of globalization given by the writers at globalization101.org is â€Å"is a process of interaction and integration among, the people, companies, and governments of different nations, a process driven by international trade and investement and aided by information technology†. This definition, by all rights is a general, all inclusive statement about globalization and its respective components. However, the fact of the matter is, this definition does not truly reflect the importance andRead MoreIs Globalization Good for Workers? Definitions and Evidence from Latin America1118 Words   |  5 Pagesarguments and insights According to most economists, globalization is seen as a beneficial asset for workers, while on the other hand, various sociologists, anthropologists, and historians would beg to differ. Several data determines that even though globalization has increased average incomes in Latin America, the cases of employment quality still tend to be deteriorating. It is important to note the different dimensions of the effect globalization has caused and mechanisms that either benefit or harmRead MoreGlobalization : What Is Globalization?871 Words   |  4 PagesWhat is Globalization? In order for my readers to fully understand the objective of this paper, I first need to make clear what globalization actually means, not just with the NFL, but to society in general. In society today, you hear the word â€Å"globalization† thrown around, but what does it actually mean? I looked to many sources and there were many different definitions. One source had a definition that really seemed to me to be the best description of globalization, particularly for the purposesRead MoreGlobalization Is Not A New Concept1465 Words   |  6 PagesIntroduction: In this rapidly changing world Globalization has become the way to describe changes in international economy and in world politics. Globalization is not a new concept. After world war II powerful countries tried to capture free market of developed and underdeveloped countries. That’s how that globalization starts. David Bigman says in his book called â€Å"Globalization and the Least Developed Countries: Potentials and Pitfalls† that Globalization has become one of the most emotional word likeRead MoreThe Cultural Dimensions Of A World Wide Citizenship And Belonging Notion Within Globalization Essay1586 Words   |  7 PagesGlobalization is a convoluted phenomena experienced across the world which arises from economic, cultural, ethical, and political exchanges of resources and concepts resulting in a growing opportunity for people to explore and appreciate the diversity of world culture. Although globalization has resulted in positive outcomes, it is also important to shed light on the negative consequences as well because it is an essential aspect on the power of Globalization. In this paper, I strive to researchRead MoreGlobalization Paper1190 Words   |  5 PagesGlobalization Paper GBM/380 January 10, 2011 Professor Jing Liu Globalization Globalization can be viewed as one of the major influences for the world’s progressions over the past centuries. It is comprehended that globalization has the potential to make countries and societies richer via free trading or little trade barriers providing knowledge and information to people around the world. Others perceive globalization negatively and view it as a major factor to exploit the poor while theRead MoreGlobalization : A Very Short Introduction1372 Words   |  6 Pages There are many ways to look at and understand modern globalization. In general terms, globalization means that the world, as a whole, is leading to a more utopian society, meaning that the globe is become very interconnected and similarities are growing between different regions and cultures of the world. Globalization is a phenomenon that has been evolving since before 10,000 B.C. This constant evolution can cause many problems, but it can also solve many issues positively as well. Devel opmentRead Moreis globalization undermining state sovereignty?1559 Words   |  7 Pagesthrough primitive trade and migration, globalization has become a major factor in the world organization since the twentieth century. With the creation of transnational companies, intergovernmental and non-governmental organizations, political and economic associations appeared new powerful actors that cannot be left apart in states’ decisions and whose influence may, according to some, threaten the authority of nation-states. Indeed it can be thought that globalization is causing the end of borders betweenRead MoreParadoxes Of Culture And Globalization1185 Words   |  5 PagesParadoxes of Culture and Globalization What is a culture and why are there so many definitions of a culture? Does it matter? Is it rapidly changing? An how does globalization impact a culture? During my research I have found many definitions of a culture, but the most admired one that was mentioned by Martin Gannon in his book of Paradoxes of Culture and Globalization. He indicates that a culture is defined by two famous anthropologists, Alfred Kroeber and Clyde Kluckhohn, who have studied more

Tuesday, May 5, 2020

MGM International Resorts Case Analysis Memo free essay sample

To: James J. Murren From: Date: November 18, 2013 Subject: Issues of MGM International Resorts I am writing this letter in order to address the slow recovery of your company. It has come to my attention that your company, MGM International Resorts, is facing some major issues as the gaming and hospitality industry struggles to recover. In this letter I plan to address the industries problems, and the specific issues that your company is facing. One of the major issues facing MGM International Resorts is that it is that the industry has a lot of overcapacity as demand has dropped from pre-recessionary evels when many big projects have been planned. This is evidenced by your companys ambitious pre-recession project CityCenter, the largest private development project in United States history. CityCenter ended up opening to little fanfare. The biggest sources of revenue in the industry were conventions. Due to the economic downturn in 2008, revenues from Conventions have decreased dramatically and have not fully recovered. Trade shows, associations and corporations traditionally paid a premium to meet in Las Vegas. Now with fewer organizations meet in Las Vegas, they can now negotiate lower prices. There are now increased leisure travelers going to Las Vegas to fill discounted rooms but does not help you increase revenue much as they do not like to spend money on your high end shopping and dining venues. Americans are also deciding more carefully spend their money preferring staycations in order to save money on increasing airfares and travel costs. This is mainly due to the decrease in discretionary spending of 43 percent from December 2007 to January 2011. The road to recovery from the start of the economic recession for the industry is slower than predicted. Your company also aces strong competition from competitors such as Wynn Resorts and Las Vegas Sands who have managed to fare in the recession substantially better. MGM Resorts Internationals financial statements are not very good relative to your competitors. Your company had a degradation of financials compared to your competitors whom of which fared the recession much better. Your company is highly leveraged with net debt to EBITDA of 1 1. 5 times. Boyd, Las Vegas Sands have lower debt leveraging at 8. x, 3. 3x, 3. 4x, and 1 . 9x respectively. You are also not as widely diversified in regional American markets such as in the Northeast. Your company has recently lost money posting a net loss of 1,437. 4 million in 2010. I will first analyze the health of the gaming and hospitality industry in Las Vegas in which you compete using Porters Five Forces of Competition Model. The indus try faces a lot of substitutes which your customers flock to. There is online gambling. This may keep people from flocking to casinos to gamble as they can conveniently do it at home. There are also closer example of this would be Empire City Casino in Yonkers, NY. It is only half an hour way from New York City and very convenient for those in the area who would Just like to gamble for a night and return home. You do not face a very large threat from new entrants as the capital requirements to enter the gaming and hospitality industry are very high. Customers are able to easily switch from staying on your properties to another companys property. Your company also possesses a wide variety of products that are differentiated. That being said, Industry Rivalry between you and your competitors are very high. All companies in the industry are on fairly qual ground ever since the recession. The costs to exit this industry are also very high. Customers again have very low switching costs and may switch between different properties as they see fit and the large excess in capacity in the industry means that you and all your competitors are cutting prices on rooms and services in order to attract business. The industrys suppliers of hospitality related supplies, such as food bed sheet and soap, and casino/gaming specific supplies, such as slot machines and thousands of decks of cards, have very weak bargaining power. The ew large companies within the gaming and hospitality industry have the bargaining power with when it comes to its two supplier lines as there are many of these suppliers to buy from while only a few large companies that are willing to buy. The ability to use a companys size to negotiate price and length of contracts for expensive high luxury furnishings and exclusive rights to a show or celebrity chef also gives the gaming and hospitality industry strength. While bargaining power of the suppliers is weak, the bargaining power of buyers is very strong. Customers have ery low switching costs and again the large excess in capacity in the industry means that you and all your competitors are cutting prices on rooms and services in order to attract business. Conventions, which are a large part of revenue have been on the downturn compared to capacity, again forcing prices downward. Buyers in the industry are also very price sensitive with many opting to take staycations where vacationers enjoy their time off closer to home. All of these forces add up to an industry that is relatively weak and recovering very slowly. Using the growth-share nalysis, your company is positioned as a cash cow which is very good. Your company has high market share in a slow growing industry. The company should worry though as it is close to being a dog of the industry as it has a lot of debt from ill-timed large projects such as CityCenter and must worry about other companies stealing market share as they are recovering faster. The industry is very capital intensive which means a lot of revenue is being reinvested back into the business. I will now analyze your company through SWOT Analysis. Your company has quite a few strengths that ill help your company into the future. Your companys large size gives it the upper hand in negotiating the best prices from its suppliers. It is very advantageous that your company caters to a wide range of customers from the high-end consumers with resorts such as the Bellagio offering exclusive products to the value-minded consumers with Circus Circus. Your ability to provide superior customer service by recruiting, training and retaining the best most motivated individuals is very valuable in your company. Your marketing and sales activities are another strong suit which compliments your services.