Changing Perpectives of Homosexuality in India - 1351 Words

The Role of Law in Changing Perspectives towards Homosexuality â€Å"If there is one constitutional tenet that can be said to be underlying theme of the Indian Constitution, it is that of Inclusiveness. This Court believes that Indian Constitution reflects this value deeply ingrained in Indian society, nurtured over several generations. Those perceived by the majority as deviants or different are not on that score excluded or ostracised.†59 With this ratio, the Delhi High Court on 2nd July, 2009 legalized consensual sexual intercourse between persons of the same sex by amending section 377 of the Indian Penal Code60 to exclude these acts. The underlying principle was that of inclusivity and inconclusive proof as to the harm that might†¦show more content†¦The Naz Foundation was declared to have the potential to be a case whose name would conjure up in the history of a particular struggle, celebrate the victory of a moment and inaugurate new hopes for the future.68 It proved that public morality and majority opinion must be subservient to constitutional morality and protection of citizens. It gave the gay community self confidence, knowing that their identity wasn’t an illegality. The Constitution had protected them from harassment and assault; the perpetual element of criminality and fear was gone from their lives. Not everyone, however, took the decision in the same stride. Press statements were released calling it an attempt to break the ‘social fabric’69, diminish our rich culture and family values70, and a curable mental illness.71 15 Special Leave Petitions were filed in the Supreme Court against the judgment. This showed that despite the law accepting their sexuality, attitudes in society were still a long way from tolerance, if not acceptance. Our belief in a set culture and tradition is so thoroughly embedded, that change towards betterment is in a perpetual duel with narrow interpretations of this defined ‘culture’. Jawaharlal Nehru once said that Culture is the widening of the mind and of the spirit. It is never a narrowing of the mind or a restriction of the human spirit or of the country’s spirit.72 It is this open mindedness that we lack. Four years later, changes have been noticed. Sexual

Four Horsemen Free Essays

Jair Hayes Mr. Buckingham Horsemen Essay 1 December 2011 Series of Unfortunate Events The four horsemen of the apocalypse appear in the story â€Å"How Much Land does a Man Need? † because they are all symbolical. The four horsemen are the horse of Conquest (white), War (Red), Black (Famine), and Pale (Death). We will write a custom essay sample on Four Horsemen or any similar topic only for you Order Now These four horsemen are all symbolical in some way and all connect in the story in a important way. They help explain the series of events in Pakhom’s journey to his demise. The first horseman is conquest which is a white horse. This is symbolic because Pakhom sets out on a conquest for so much land. He starts off with no land basically then he starts to get land. He next has 15 desyatins, and seems to be contempt with this land. Though, after a while he does set out to get to get more land which he acquires. Pakhom then realizes he can get even more land by going to these Indians to get as much land as he wants. Then he realizes that he has to pay 100 rubies a day to get as much as he wants. Before this though, we get introduced to the next horse which is war. The next being war comes in when Pakhom gets his land. He realizes that people are messing with his land and he doesn’t like it. Though, the irony in that is the fact that he did the same thing when he had little to no land himself. After these events Pakhom took people to court and lost and would try to put peasants on trial. This caused a dispute between Pakhom and most of the commoners, meaning they didn’t get along. People are in a war because naturally they don’t get along. Though, you have to make sacrifices in war which brings in the next horse. The next horseman is famine which is represented by black. This one is more metaphorical I feel then literal. For Pakhom to afford all this land he sold many things. Eventually he sold almost everything he had. He went into a personal need or possession famine. Pakhom also went into a morals famine. He basically left everything behind just for land and nothing else, which in hindsight makes no sense. If you don’t have money to even buy seeds, he why would you need land. He didn’t even have a horse anymore because he sold it. He could have used his horse to plow the fields. Pakhom became very greedy which leads to the final horse. The last horse is the horseman of death which is a pale color. This horse is obviously representing the death of the main character Pakhom. Pakhom became too greedy and unnecessarily needy. When he keeps going on at the end of the story for the land he should have realized he didn’t need that much land to begin with. If you have to walk more than a mile or three to plant or plow crops then you have too much land I personally feel. These are how these four horseman of the apocalypse connect in the story. How to cite Four Horsemen, Papers

Effective Corporate Financial Management

Queston: Discuss about the Effective Corporate Financial Management. Answer: Introduction: The companies act is anticipated to create an impact on the wide range of areas such as financial reporting, corporate governance, maintaining the structure of the company, recruitment and rotation of auditors, chief financial officers and directors to look after for the mergers and acquisition etc. The financial proposal of this act inflicts an additional responsibility on the chief financial officers. The chief financial officers are statically concerned with the bulk of provision relating to the delegator powers. The principle objective of the chief financial officers of Telstra Corporation is to enhance the corporate governance framework in the country. Accounting and financial reporting changes: Preparation of consolidated financial statement: The chief financial officer of Telstra Corporation is responsible for mandatory preparation of the consolidated financial statement for the organisation along with its subsidiaries. The chief financial officer of Telstra Corporation ensures that the subsidiaries are prepared in distinct financial statements and are required to be prepared in the same prescribed format as the separate financial statements (www.telstra.com.au 2016). It is worth mentioning that the chief financial officers does not go as far as to dislocate the primacy of the distinct financial statement, however, the acknowledges the relevance of the consolidated financial statement by analysing the performance of Telstra Corporation. Use of securities premium: The companies act has put up the restrictions on the use of securities premium because the financial statements must comply with the accounting standard prescribed under the Companies Act. The chief financial officers of Telstra Corporation restricts the use of securities premium only on the grounds that the equity bonus are entirely paid up and the expenses incurred pertaining to the issue of equity shares are written off (Brealey et al. 2012). The chief financial officer of Telstra Corporation ensures that the securities premium account are adjusted with the redemption premium including debentures, preference shares, foreign currency convertible bonds. Depreciation requirements: The companies act has defined the useful life of non-assets under schedule II of the act. The chief financial officers have the obligations of ascertaining the cost of asset along with the useful life. The chief officers ensures that the useful part of an non-current assets is determined separately for depreciation by using the theory of components accounting which forms an indispensible part of the Telstra Corporation capital intensive requirement (www.telstra.com.au 2016). The Chief financial officer also ensures that amortisation of non-current assets should be governed by notifying under the schedule XIV of the companies act. The chief financial officer carefully evaluates the depreciation rates in order to determine the future profitability of Telstra Corporation. Changes in corporate governance framework: Independent directors: The chief financial officers also ensures that requirement of the independent directors for both its main and subsidiaries company are listed under the public companies with exact prescribed numbers (Chiu 2016). It is noteworthy to denote that Telstra Corporation compositions of board of directors are more complex with additional restrictions is being imposed on the appointment of independent directors as nominee directors of Telstra Corporation is no more considered as the independent directors. Providing non-auditing services: The duty of the chief financial officers of Telstra Corporation is providing non-auditing services like internal audit investment, strategies for investment services, advisory services etc. Hence, it is worth mentioning that such services cannot be rendered by the auditing firm either directly or indirectly to its parent body or in subsidiaries for ensuring that the compliance requirement of accounting policies are met in the organisation. Thus, the companies act has laid down in its policies that all non-auditing services should be completed prior to the first year of enactment (McKinney 2015). Implementing new guidelines on auditors rotations and eligibility: Meeting improved reporting requirements: The responsibility of the chief financial officer of Telstra Corporation is under the obligation of providing enhanced reporting concerning the matters related to the surveillance of the monetary transactions. The financial officer ensures that any transactions should not have any unfavourable impact on the operational functionality of the organisations (www.telstra.com.au 2016). The chief financial officers of Telstra Corporation ensures that it any auditor is not appointed for a term not exceeding five years for more than two consecutive period. Since Telstra Corporation, being a listed company is in accordance with this requirement. Creation of board of committees: The chief financial officers should ensure that an audit committee should be set up with majority of the independent directors. The role of chief financial officers should ensure that the audit committee is assigned with the roles that are well enhanced with the specific responsibilities (Hiebl 2015). The chief financial officer ensures that the audit committee should be able to read and comprehend the monetary statement. Managing business operations: It is noteworthy to denote that the chief financial officers of Telstra Corporation play an important role in the expansion and development of operational strategies. The chief financial officer undertakes an active part in the operational strategies relating to the business enterprise. On the other hand, the chief financial officer is solely responsible for Telstra Corporation business management and plays multiple role in the building the global reputation of the organisation. One of the common phenomenons of the current business world is outsourcing the activities to prevent the financial resources from being wasted and simultaneously maintaining the reputation and goodwill of the organisation in the international market. The transactional processing systems play a huge role in the maintenance of the authenticity and transparency at the time of recording the monetary transactions of Telstra Corporation (www.telstra.com.au 2016). Duties defined under the articles of company: The chief financial officer must act in accordance with the duties defined under the articles of the company. It is responsibility of the chief financial officer to promote the objectives of Telstra Corporation in order to attain the objectives of the organisation for general benefits of its overall members (Ebert and Griffin 2015). The chief financial officer is under the obligations of protecting the interest of the shareholders, the community and its customers. The chief financial officer should exercise his duties with due diligence and care by exercising reasonable judgements. The chief financial officer of Tesla hardly gets indulged in those situations which may create either direct or indirect conflict of interest which might potentially conflict the interest of Telstra Corporation. Managing business risks: Chief financial officer of Telstra Corporation is entirely responsible for the execution of the risk administration process of the organisation as a whole comprising of its parents body or its subsidiaries. The chief financial officer of Telstra Corporation identifies risk as the external and internal market threats concerning the operational functions of the organisations (Cole et al. 2016). The chief financial officer also covers the large areas of risk associated with the financial, economical and management policies in regard to the business entity. Therefore the chief financial officer of Telstra Corporation must have the authority to understand and analyse the market the threat by undertaking suitable steps to look beyond internal and external environment. Conducting transactions with directors and other related business parties: Transactions with directors: The chief financial officer ensures that the loans, which are made to the managing directors or a whole time directors, is given out as the part of services for the company. Such services should be approved by passing of the special resolution after attaining the approval in the general meeting of the company. It should be noted that Telstra Corporation provides loan to loans and guarantees in the form of securities connected with the loans in the ordinary course of business (Hoitash et al. 2016). The companies act states that the chief financial officer should impose restrictions on the on the managing directors by issuing instructions for lending money. It is the duty of the chief financial officer to maintain the non-cash transactions concerning the board of directors by attaining the prior approval of the company as whole in a general meeting. Simplified method of Mergers and acquisition: The chief financial officer ensures that all the investment which are permitted for acquisitions of a company is originally used in the business. This includes acquisition of shares, redemption of debentures and other important securities. On complying with the standard procedure issued under the act has a significant amount of impact on the ability of Telstra Corporation to raise funds (Chiu 2016). The chief financial officer ensures that the current structure of company legal framework comply with the above stated requirements. The chief financial officer of Telstra Corporation also ensures that group restructuring activities are undertaken to meet the immediate future needs of the organisation as a whole. Mergers with unlisted companies: Telstra Corporation is currently looking forward to permits the chief financial officer with the merger depending upon the factors where the shareholding company decides to opt out. The chief financial officer makes certain the prices of the mergers are always listed with the unlisted company of the who are deciding to opt out of the agreements. Therefore, the chief financial officer ensures that all the statutory requirements concerning the use of financial statement shall be notified under the accounting standard board. The chief financial officer also ensures that the buyback is shares are authorised by the board of directors to look in to the special resolution for Telstra Corporation (www.telstra.com.au 2016). Efficient market hypothesis: The efficient market hypothesis can be defined as the market theory, which states that it is impossible to make profit under a vulnerable market environment reflecting an inconsistency in the stock market. Hence, investors selling stock at a lower value than the fair market price will not be able to generate the desired amount of profit. The only method that is left behind to generate the desired amount of profit is by investing in those stocks, which possess high market risks. Thus, the objective of the efficient hypothesis is to enable the investors to make delicate investment decision relating to the investment policies. It is worth mentioning the pension investment managers in framing a profitable investment schemes for retired pensioners shall put that efficient hypothesis into the use. Curry and Schorer (2016) mentioned that pension fund administrator is one who has the ultimate power and authority to manage pension in their control. Therefore, pension fund managers play a vital role in increasing the pension fund, which has the possibility to create an impact on the operational functions of business. According to Cole et al. (2016) the pension fund manager of the business assist the business in the process of mobilization of funds in regard to the business organisations. Below listed are the important responsibilities relating to the pension fund manager. Establishing key pension policies and benefits: As stated by Ebert and Griffin (2015) the pension fund manager is under the obligations of developing the pension policies, which can yield desired benefits for the retired personnel in the company. The ultimate responsibility of the pension fund manager is to mobilise the investment and the savings relating to the business expansion. Implementation of pension fund strategy: It should be noted that the pension fund strategy need to be carefully reviewed before being implemented. This involves discussions and evaluations as per the goals and objectives set by the organisations. As stated by Lasher 2013) pension fund strategy should be implemented after taking into the consideration the inherent financial strength of the personnel along with the ability to save for desired investment under a given period of time. Pension schemes: It is the duty of the pension scheme manager to efficiently operate and manage the functioning of the organisations so that the performance standards and the anticipations of the organisations are well met. The pension scheme should be developed in considerations with factors like savings and cutting down the unnecessary expenses of the business monthly. Thus, managing the pension scheme is one of the main duties of the pension scheme manager. Operating updated reports: The pension fund manager has the obligations to report the trustees regarding the intrinsic details of business concerning pension fund. As stated by Sheng (2015) the updated report shall be presented quarterly or in a half-yearly basis. Thus, this can be said that both the pensioners as well as the chief financial officers play an important role in the development of investment and financial strategies relating to a business organisation. Such policies and measures help the business in achieving the financial strategies of the business entity. Reference List: Becker, B. and Strmberg, P., 2012. Fiduciary duties and equity-debtholder conflicts.Review of Financial Studies,25(6), pp.1931-1969. Bedard, J.C., Hoitash, R. and Hoitash, U., 2014. Chief financial officers as inside directors.Contemporary Accounting Research,31(3), pp.787-817. Brealey, R.A., Myers, S.C., Allen, F. and Mohanty, P., 2012. Principles of corporate finance. Tata McGraw-Hill Education. Cheng, M.M., Tan, H.T., Trotman, K.T. and Tse, A., 2016. The Impact of the Timing of a Prior Year's Auditor Concessions on Financial Officers' Judgments.Auditing: A Journal of Practice and Theory. Chiu, I.H., 2016. Comparing Directors Duties in the Financial Services Sector with Regulatory Duties under the Senior Persons Regime-Some Critical Observations.European Business Law Review,27(2), pp.261-283. Chiu, I.H., 2016. Regulatory Duties for Directors in the Financial Services Sector and Directors Duties in Company Law-Bifurcation and Interfaces.Journal of Business Law. Cole, S., Kanz, M. and Klapper, L., 2016. Improving Financial Access for Entrepreneurs in Developing Countries.Policy,2011. Curry, D.S. and Schorer, J.U., 2016. The Effects of Business Insolvency on the Duties and Liabilities of Directors and OfficersA Comparative Analysis With Recommendations to Promote Good DecisionMaking. InGlobal Insolvency and Bankruptcy Practice for Sustainable Economic Development(pp. 168-218). Palgrave Macmillan UK. Ebert, R.J. and Griffin, R.W., 2015. Business essentials. Upper Saddle River, NJ: Pearson. Hiebl, M.R., 2015. Agency and stewardship attitudes of chief financial officers in private companies.Qualitative Research in Financial Markets,7(1), pp.4-23. Hoitash, R., Hoitash, U. and Kurt, A.C., 2016. Do accountants make better chief financial officers?.Journal of Accounting and Economics,61(2), pp.414-432. https://www.telstra.com.au/, h. (2016). [online] Available at: https://www.telstra.com.au/ [Accessed 16 Sep. 2016]. Lasher, W.R., 2013. Practical financial management. Nelson Education. McKinney, J.B., 2015.Effective financial management in public and nonprofit agencies. ABC-CLIO. Ojo, A.O., 2016. Corporate governance and risk management in the financial industry: changes after the global financial crisis. Shaw, S.J., 2015.Financial and Administrative Organization and Development. Princeton University Press. Sheng, L., 2015. Study on the Financial Integration after the Merger and Acquisition.

Federalist Essays - United States, The Federalist Papers

Federalist The Constitution came out to a world full of criticism. To put to sleep many of the objections that the critics had to the Constitution a number of those in favor of it such as Hamilton, Madison and John Jay wrote the Federalist. While there were many arguments for the Constitution, there were two that played a major part in American life. The first major argument was that the powers of the government came directly or indirectly from the common people. The second argument stated that to keep the government in check there is a series of checks and balances that will not let one branch of government gain too much control. Hamilton, Madison, and Jay put forth many of the arguments in support of the Constitution, but these two stood out more than the rest. In more depth, the first argument states that the government is directly related to the common people. The powers of the government come from ordinary powers or the common people and these ordinary powers have the ability to make changes in the government. The Constitution was designed in a manner as to protect the people of the nation both at the time the Constitution was produced and up to a time that the government might be destroyed. The protection of the people and their ordinary powers is achieved by allowing the citizens under the constitution to alter the government that the Constitution set up. The House of Representatives for example derives its powers from the people of America - the House is set up in such a manner that the people of America have a direct part in the government. The involvement of the people in government was a crucial argument in support of the Constitution, for it stated that the government would for the most part move in a direction derived by the popu lous of America. The second argument put forth by Hamilton, Madison and Jay was that the Constitution set up a form of checks and balances to protect the people from the government. Under the Constitution, three major branches were created the legislative, the executive, and the judicial branch. The legislature creates laws, the executive executes the laws and the judicial branch interprets the laws. With each branch having different powers no one branch can be tainted and then abuse its governmental powers. The statement of the checks and balances answered the concern that the government would become too powerful. With checks and balances, the government can only become as powerful as the people will allow. This fundamental plan also creates safeguards against the event of a president becoming a dictator. The argument about the system of checks and balances proves to be a system designed to protect the people of America from the government. These arguments provide for the security of the government and the people under the Constitution. Hamilton, Madison and Jay under the Federalist were showing that the government is run for the people and that they are directly involved in the governmental process. They also answered the concern that the government may become too large as restriction occurs through the system of checks and balances. The idea of the Federalist pamphlet was to put to rest many of the Anti-federalist concerns with the Constitution. The two major arguments made showed that the Constitution was in support of the masses of America. A republican form of government uses representatives to represent the people of America in the government. The argument against a republican form of government stands on one key principle that the people of America are not capable of being run directly or indirectly by the common people. A firm believer in the Constitution and the form of government it creates, Hamilton would be for a republican form of government. James Madison who is often called the father of the Constitution counters the argument against the republican form of government. The argument against a republican form of government hit a major cord with many of the prominent citizens. Many were afraid to leave the government in the hands of people that they saw as uneducated. The idea that spread was that the average person was not qualified to vote. At the time the

30 Stunning Opening Lines From Famous Works of Literature

30 Stunning Opening Lines From Famous Works of Literature From the scandalous opening lines of Vladimir Nabokovs Lolita to the arsonist rant that begins Ray Bradburys Fahrenheit 451, weve collected some of the most stunning literary openers out there. If you are a writer looking for inspiration for your own novels opening, look no further, weve got you covered.Through the fence, between the curling flower spaces, I could see them hitting.William Faulkner, The Sound and the FuryShips at a distance have every mans wish on board.Zora Neale Hurston, Their Eyes Were Watching GodIt was a pleasure to burn.Ray Bradbury, Fahrenheit 451You better not never tell nobody but God.Alice Walker, The Color PurpleHe- for there could be no doubt of his sex, though the fashion of the time did something to disguise it- was in the act of slicing at the head of a Moor which swung from the rafters.Virginia Woolf, OrlandoThe cold passed reluctantly from the earth, and the retiring fogs revealed an army stretched out on the hills, resting.Stephen Crane, The Red Badg e of CourageIt is a truth universally acknowledged that a single man in possession of a good fortune must be in want of a wife.Jane Austen, Pride and PrejudiceCall me Ishmael. Some years ago - never mind how long precisely - having little or no money in my purse, and nothing particular to interest me on shore, I thought I would sail about a little and see the watery part of the world.Herman Melville, Moby DickOnce upon a time and a very good time it was there was a moocow coming down along the road and this moocow that was coming down along the road met a nicens little boy named baby tuckoo†¦James Joyce, A Portrait of the Artist of Young ManWheres Papa going with that axe? said Fern to her mother as they were setting the table for breakfast.E B White, Charlottes WebI first met Dean not long after my wife and I split up. I had just gotten over a serious illness that I wont bother to talk about, except it had something to do with the miserably weary split-up and my feeling that e verything was dead.Jack Kerouac, On the RoadMother died today. Or maybe yesterday; I cant be sure.Albert Camus, The StrangerLolita, light of my life, fire of my loins. My sin, my soul.Vladimir Nabokov, LolitaIt was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way – in short, the period was so far like the present period, that some of its noisiest authorities insisted on its being received, for good or for evil, in the superlative degree of comparison only.Charles Dickens, A Tale of Two CitiesAs Gregor Samsa awoke one morning from uneasy dreams he found himself transformed in his bed into a monstrous vermin.Franz Kafka, Me tamorphosisQuiet as its kept, there were no marigolds in the fall of 1941.Toni Morrison, The Bluest EyeIn my younger and more vulnerable years my father gave me some advice that Ive been turning over in my mind ever since. Whenever you feel like criticizing any one, he told me, just remember that all the people in this world havent had the advantages that youve had.The Great Gatsby, F. Scott FitzgeraldThe sun shone, having no alternative, on the nothing new.Samuel Beckett, MurphyThere was a boy called Eustace Clarence Scrubb, and he almost deserved it.C.S. Lewis, The Voyage of the Dawn TreaderIt was a bright, cold day in April, and the clocks were striking thirteen.George Orwell, 1984The sky above the port was the color of television, tuned to a dead channel.William Gibson, NeuromancerThey shoot the white girl first.Toni Morrison, ParadiseI had the story, bit by bit, from various people, and, as generally happens in such cases, each time it was a different story.Edith Wharton, Ethan FromeIf you really want to hear about it, the first thing youll probably want to know is where I was born, and what my lousy childhood was like, and how my parents were occupied and all before they had me, and all that David Copperfield kind of crap, but I dont feel like going into it, if you want to know the truth.J. D. Salinger, The Catcher in the RyeI am a sick man†¦ I am a spiteful man.Fyodor Dostoevsky, Notes from UndergroundWhat if this young woman, who writes such bad poems, in competition with her husband, whose poems are equally bad, should stretch her remarkably long and well-made legs out before you, so that her skirt slips up to the tops of her stockings?Gilbert Sorrentino, Imaginative Qualities of Actual ThingsFrancis Marion Tarwaters uncle had been dead for only half a day when the boy got too drunk to finish digging his grave and a Negro named Buford Munson, who had come to get a jug filled, had to finish it and drag the body from the breakfast table where it wa s still sitting and bury it in a decent and Christian way, with the sign of its Saviour at the head of the grave and enough dirt on top to keep the dogs from digging it up.Flannery OConnor, The Violent Bear It AwayOf all the things that drive men to sea, the most common disaster, Ive come to learn, is women.Charles Johnson, Middle PassageWe were somewhere around Barstow on the edge of the desert when the drugs began to take hold.Hunter S. Thompson, Fear and Loathing in Las VegasI am a camera with its shutter open, quite passive, recording, not thinking.Christopher Isherwood, Goodbye To Berlin

Dynamics of Strategy Dissertation Example | Topics and Well Written Essays - 5000 words

Dynamics of Strategy - Dissertation Example The current study tries to investigate the strategies that are pursed by Wm Morrison Supermarkets plc and whether they are successful or not? Especially in context of on-line business that has opened up numerous options for the organization that can be effectively tapped. An extensive external business environment evaluation will be undertaken for determining the impact of external factors on company’s strategy (Tassou S & Ge Y, retrieved on 20th April, 2011). The e-strategic resource capability of Morrison would be analyzed in order to figure out its potential and capacity to meet the current demand and requirement of the retail industry. And lastly, it will also be examined whether Morrison is in strategic fir with the environment or needs certain reconstruction in its policies and procedures to sustain in the competitive league (Scotland H, 2005). INTRODUCTION Wm Morrison Supermarket plc is generally referred to as ‘Morrison’ which was initially propounded by W illiam Morrison way back in the year 1899, one of the most important organization featuring in the FTSE 100 Index with almost 375 stores in operations currently. The organization is widely spread in both the northern and southern part of England and strong presence in other regions as well. The organization prefers to keep its working as simple as possible but renders it services efficiently and effectively with the company policy to keep the pricing low and maintaining high efficiency level. The study would analyze the strategic approaches of Wm Morrison Supermarket plc through traditional marketing tools such as PESTEL, Porter’s five forces model, along with emergent and international market strategy on e-business or online business strategy adopted by Morrison.. The company’s financial decision making and risk analysis approach would also be studied intensively. The term in itself is too wide; e-business can actually describe the organizations operation. E-business also reveals the various applications of information and communication technologies that a business can apply for attaining a cost reduction, enhancement in customer quality services and creating a new market for exiting products and for newly developed products. Morrison can effectively make use of e-business strategy in order to maximize its competitive advantage. However, what Morrison actually needs to work upon is: 1) The excessive high costs which the firm has incurred in the ICT investment and also the financial analysis for the investment amount regarding its payback time period and the profits which can be recovered from the same. 2) The organization has to ensure that best technical skills and managerial skills must be available for putting the strategy into actual implementation. 3) Thirdly the disinclination of the firm towards marinating networking relationships with other enterprises must be overcome for attaining optimum results. EXTERNAL ANALYSIS Morrison’s vi sion for the future is to exhibit itself as a ‘

Business plan Essay Example | Topics and Well Written Essays - 1000 words - 3

Business plan - Essay Example Also, are women who get stressed, have little time to shop, and would generally like help in figuring the right clothes and styles to wear. Our competitive advantage is that Style Now provides an app for our customers. It is not only convenient for our potential customers but is also affordable. Compare to our top competitors, we are the only fashion truck that provides an app and merchandise prices that are in between our competitors. Our Style Now app is $5.00 and our merchandise ranges from $10.00 through $300.00. Also unlike the current fashion trucks parked on the street, Style Now trucks will sell merchandise that is uniquely tailored to meet the needs and wants of their customers. Style Now’s strategy sets the expectations for our customers by always having limited quantities in merchandise. Also, our demand in stock will always be new, since our merchandise will be updated with the latest trends. Style Now will be offered in your convenience since it’s the first to travel to customer’s desired destinations. Our shopping bags will resemble the truck’s atmosphere for memorability and gratification from their experience. Style Now has been designed and tailored to meet the needs of our target market since Style Now is customer service oriented; it provides customized selection of clothing and accessories that is convenient and accessible. Style Now’s pairing of customers with stylists is one example of the company’s excellent customer service. All Style Now trucks personal stylists are available to help customers select the perfect outfit that meets their needs. Retail/Customer experience: When customers have located our boutique, the Style Now shopping experience begins. A stylist will greet the customer and then they will both enter the truck. The truck’s merchandise will be customized to cater to our customers,