Create a Topic With Some Help From Experts

Create a Topic With Some Help From ExpertsThere are many reasons why you may want to choose a topic for your essay. Perhaps you want to see how well you can create a convincing argument and what you can do with the article itself. Maybe you want to explore a new aspect of your life or examine a certain aspect of the world around you. Whatever the reason, you will certainly want to find out how you can use your essay topic to the best of your abilities.Of course, you should decide on a topic as soon as possible, and so if you're just starting out on your career, it may be difficult to find a topic that is interesting to you. However, there are some great options available if you're interested in knowing more about the topic. Below are some topics you can use to help you decide on the type of essay topic you want to write.Perhaps the first thing you need to do is select a topic from a broad spectrum of topics to help you narrow down on the topic that is going to be the most effective f or you. For example, if you are writing an essay on your childhood and your life after, it would be important to note that you were orphaned at a young age and later became a part of the foster care system. This may help you to determine the kind of topic you will want to write about. In addition, if you are going to write about a particular aspect of your life, it would be useful to list out what the most popular topics are on that topic. For example, if you want to write about the difficulty of learning Spanish, you might think about the term 'nipa' - the ability to speak Spanish in your children.Once you have the ideas for the different topics that you are going to write about, you can go about doing some research. After all, researching a topic is one of the most important parts of writing a well-written essay. You can try and find a subject matter expert who can assist you in the process. You can also browse through many different sources for the topic of your essay topic. For example, if you're interested in the Bible, you can search through a variety of resources for topics. You may find a number of different sites that offer online study guides that are written to help you with your topic.After you have found the topics that you are interested in writing about, it is time to go to the next step - picking the format that will make this the most effective essay topic that you can create. The format of your essay can make or break it. Therefore, it is vital that you make sure that you research the different formats and decide which one fits best with your writing style.After you have chosen your essay topic, it is time to turn your idea into an actual essay. The most important element that you must understand is that, no matter how good your topic is, if you are not able to put your ideas on paper, it will not mean anything. So, make sure that you work hard to prepare yourself and make sure that you get your essay ready and submitted.

Finding A Catamaran Charter For The Caribbean - 762 Words

Finding a Catamaran Charter in the Caribbean is not hard to do, but finding the right Catamaran Charter for your specific needs can take a bit more research. Fortunately, many resources can be used to help make your choice. The trick is to figure out which options are best for you and the vacation you want to have. Here is a sort of guide to help you find the right company for you. The Best Way to Find a Catamaran Charter for the Caribbean It s easy to search for charter companies on the internet, but it s much harder to determine whether or no the company will be able to provide you with what you will need and what you want. This is where discussion forums come into play. Forums where other charter sailors post comments and help one another is a valuable resource for anyone looking for a charter company. Posters on a forum can offer suggestions for yacht brokers and charter companies, give reasons why or why not to go to a specific company, and guide you toward the most advantageous location from which to charter a boat. Choosing Your Catamaran Before you choose a catamaran, you need to have a clear understanding of what you require. Space is big consideration when choosing a boat. You need to determine the number of passengers and include a crew if you want to use this option, along with the how much space you would like onboard. Yacht sizes differ and the smaller the boat, the more aware you should be of other factors, like the weight of extra fishing and diving

The 3 Pathogens That Cause Meningitis

John Steinbecks East of Eden - Biblical Symbols and...

Biblical Symbolism in East of Eden Throughout the novel East of Eden, Steinbeck uses many biblical references to illustrate clearly the conflict between the opposing forces of good and evil. Much of the plot of East of Eden is centered upon the two sets of brothers representing Cain and Abel. Both pairs are similar to Cain and Abel in the way they go about winning their fathers’ favors. All four give gifts to their fathers, and the fathers dismiss the gifts of Charles and Caleb, the Cain representations (Marks, Jay Lester. p.121). Caleb and Charles Trask are obviously the more malignant brothers. They are also the more loving towards their father. Steinbeck’s purpose in this is to illustrate the need of the Cain character in†¦show more content†¦Cathy-Kate combines many biblical figures as well. She is not only Eve, but she is Cain’s wife and the serpent of Eden as well (Fonterose, Joseph. p.3380). Thus she is the representation of evil too. Cathy is evil to the point where she i s not human. Her presence in the novel is meant to represent evil and all of its cruel intentions. All of her deeds are intended to show how far from the real world Cathy actually is (Howard, Levant. p. 245). Steinbeck compares Cathy to other prostitutes in Salinas Valley, the setting of East of Eden. She is described as the only whore who is incapable of being a good person. She is an inhuman being whose life revolves around cruelty and wrongdoing. She is solely satanic and destroys the innocence of man (Marks, Jay Lester. p. 126-127). John Steinbeck includes more of the tale of Genesis: 4 than is actually told in the bible. The basis of this is a Jewish story involving twin sisters of both Cain and Abel. The two disputed over Abel’s twin whom Abel was to marry. Cain murdered Abel and wed the twin sister of his brother (Fonterose, Joseph. p.3380). The story differs also in that it is Abel who leaves his home instead of Cain. Abel found his Eden, represented by Salinas Valley, but lost it after fathering a second generation very similar to the first, Caleb representing Cain and Aron representing Abel (Fonterose, Joseph. p.3379). The story is changed by Steinbeck to illustrate

Hepatitis B - 951 Words

Page 2 Hepatitis B is a potentially life threatening liver infection caused by the virus HBV. A Hepatitis B infection could potentially become a chronic disease for some people because they run the risk of developing liver failure, cirrhosis of the liver or liver cancer if precautions are not taken. Cirrhosis causes permanent scarring to the liver. Some adults that have become infected with Hepatitis B do fully recover even if their symptoms are relentless. Symptoms can be mild to more severe and can be very unpleasant. These symptoms typically appear one to four months after a person has been infected and this is when symptoms will begin. Symptoms include abdominal pain, fever, joint pain, dark urine, loss of appetite,†¦show more content†¦If someone’s liver has been severely damaged by the virus, a liver transplant may be an option. Research on this disease continues and more drugs to treat the infections are being developed. Getting the Hepatitis B vacc ination is a sure way in preventing infection, and taking precautions is important to follow to keep yourself safe. It is important to understand that a person cannot contract Hepatitis B from the vaccination, but can surely contract the virus by having unprotected sex. Precautions include wearing a condom either latex or polyurethane, paying extra special attention to where you would go if you want to get a tattoo or piercing by making sure they adequately sterilize their equipment. Other ways to stop the spread of the Hepatitis B are that if a person comes in contact with blood or bodily fluids, it is very important that they wash their hands thoroughly with soap and water and discard any type of soiled clothing or items into a bag. Another thing to help prevent the spread of the virus is by cleaning blood and body fluids off surfaces by using a diluted bleach solution. If a person plans on traveling to an area that has a high rate of Hepatitis B, they should talk to their do ctor about getting vaccinated which is a series of three to four shots over the course of a six month period. The consequences of people not taking precautions and steps to keepShow MoreRelatedHepatitis B3288 Words   |  14 PagesRunning head: EPIDEMIOLOGY PAPER - HEPATITIS B 1 Epidemiology Paper - Hepatitis B Concepts in Community and Public Health NRS-427V-0102 EPIDEMIOLOGY PAPER - HEPATITIS B Epidemiology Paper - Hepatitis B 2 ―Communicable diseaseâ€â€" means an illness caused by an infectious agent or its toxins that occurs through the direct or indirect transmission of the infectious agent or its products from an infected individual or via an animal, vector or the inanimate environment to a susceptible animalRead MoreEpidemiology Hepatitis B737 Words   |  3 PagesEpidemiology Hepatitis B affects 1 in 3 people worldwide (Hepatitis B Foundation [HBF], 2014). 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Business Analysis free essay sample

When he outgrew his ability to call on his customers individually, he inverted to a sort of makeshift mail order operation, hiring the local milk van to make his deliveries. Kea are rooted in a traditionally poor region in south of Sweden. And after 60 years development, growing up in 20th century Sweden has shaped both their products and their values. Their website side KEA is a value-driven company, they promise to deliver well designed, functional and sustainable products at the lowest possible price. I would list the brief history of KEA below in figure 1. Figure 1 Source: http://www. Google. Co. UK/search? Hal=GHz The graph 2 listed below is the structure of KEA. Figure 2 Source: www. Kea-group. Kea. Com. 1. 3 Structure of the essay After the introduction I would write strategic position of KEA and it include environment, capabilities and expectations and purposes. Furthermore I would like to use some models to explain this part such as SOOT, Value Chain and so on. We will write a custom essay sample on Business Analysis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the next part I will write strategic choices and it includes three parts. Firstly, I would evaluate and describe the business level strategies. Secondly, I would evaluate and describe corporate level strategies. Finally, I will evaluate the suitability of the strategic choice. In the fourth part, there would be a future development of KEA. The cast part is a conclusion. 2. The strategic position of KEA 2. 1 Macro-Environment of KEA In this globalizes market, changing is a forever theme. As Henry Midwinter (1994) argues that environmental change is faster than you could see. The pace of technological change and the speed of global communications mean more and faster change than ever before. I would like to use PEST framework to illustrate the macro- environment of KEA. PEST analysis stands for Political, Economic, Social, and Technological analysis and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. In case of KEA, I would choose China to conduct the PEST analysis. Because China is a new emerging market and has the significant strategic meaning to the future development of KEA, I set China as the target to do the PEST analysis. Political 1 . The Chinese government was trying to attract foreign direct investment and encourage foreign companies to open their factories in China. 2. The opening police meaner government support the foreign companys development. 3. There are a lot of special economic development zones in many provinces of China. 4. Government stability is really good and there are some taxation police to the foreign impasses. Economic 1 . The high speed development of the Chinese economy, the GAP of China usually kept above 10% growth annually, even during the financial crisis GAP could also keep above 8% growth annually. 2. 1. 3 billion Population mean huge market demand. 3. With the increase of individual income, Chinese citizens would like to pursue higher quality life. . The inflation of China was kept at an acceptable level. Social 1. The quality of the product is increasingly important in customers mind. 2. Chinese population demographics: more and more people moving their home from country to big cities. 3. Lifestyle change: high speed life style makes that people do the customers shopping preference. 4. The income of Chinese labor is relat ively low so Labor cost is lower than European countries. Technology 1 . In the furniture industry consciousness of innovation in the Chinese furniture industry is not enough. 2. The government encourages innovations; new materials and new technology were encouraged to use in many industries. 3. Government and industry focus on technological effort is not enough. Porters five forces analysis is a framework for industry analysis and business strategy development formed by Michael E. Porter of Harvard Business School in 1979. It suggested that there are five basic competitive forces exist in an industry. They are the competition between current competitors; the threats from potential entrants; the threats of substitutes; the bargaining power of suppliers and the bargaining power of buyers. The below analysis is based on Chinese market. Rivalry among existing firms 1 . The Chinese furniture industry is no longer small any more. There are some strong competitors in this market. Such as BQ. 2. Most of the competitors in the Chinese market are small and middle scale companies. 3. Increasingly international furniture companies entry Chinese market through a corporation with Chinese local company Bargaining power of the suppliers 1 . Suppliers are not very centralized in the market, so it is a good condition for KEA to reduce the bargaining power of suppliers. . There is no significant differentiation between suppliers, so the bargaining power of suppliers should not be very strong. 3. The switch cost is not very high. 4. KEA has 11 stores in China and its source 21% from China. So the bargain power is stronger than suppliers, because of its huge scale. 5. The buying volume f KEA is huge, because of the standardized procurement. Bargaining power of the buyers 1. The switch c ost is low, because off lot of brands in domestic of China. 2. The customers can access a large amount of information. With the popularity of computer and network, customers could search any information by clicking. In addition, there are many websites and provide comparisons and ratings of each product. Such power makes the competition in this industry more intense. Threats from potential entrants 1 . High capital requirement: it is easy to organize a small furniture company but if he company wants to compete with KEA, it should have enough capital for business. 2. KEA has economies of scale advantage Threat of substitution 1 . The main substitute is Individuality home furnishing service. However its market share is relatively low and the price is too high. 2. Generally, the threat from substitute is not strong. 2. 3 Strategic capabilities of KEA Strategic capability can be defined as the adequacy and suitability of the resources 2005). Strategic capability is mainly composed of resources and competences. Threshold resources and competencies are the most essential requirement for a equines to operate in the market. Once the firms satisfy these requirements, they would seek their own unique resources and competence to form competitive advantage. I believe value chain is really suitable to describe the strategic capabilities of KEA. The value chain describes the activities in and around an organization which together create a product or service. The value chain is a concept from business management that was first described and popularized by Michael Porter in 1985. It includes primary activities and support activities. The primary activities are directly concerned with the creation or delivery of a product or service. And support activities help to improve the effectiveness or efficiency of primary activities. Primary activities Inbound logistic 1. Designing furniture for flat packs 2. Buying the same kind of raw material from signal one supplier, it could make sure the quality and get the lowest price. 3. According to the design of the product, purchasing the raw materials. 4. Purchasing the materials in same standard. It is easy for inventory management and reduces the cost. Operation 1. A use KIT inventory method to manage the inventory 2. Collaborate with the supplier to make sure the continuity of operation. . Encourage manufacturing companies update their facilities 4. No wastage police protects the environment and they try to recycle waste. Outbound logistic 1 . Customers have to deliver their goods by themselves. 2. Customers have to put all parts of their goods together by themselves. 3. KEA uses flat packs to reduce the deliver cost. 4. Distribution centers were located in most reasonable places. 5. Flexibility of transportation, such as some distributions were outsourced to thir d parties Marketing and sale 1. KEA sells furniture on a larger scale using a catalogue in 1951 . The cost of this activity is huge but the effectiveness is also obvious. . The concept of We do something, you have to do some and KEA to save you some is the marketing strategy of KEA Service 1. Clear instruction in each store 2. Pencil, rule and paper are provided when customers arriving 3. In China, customers like the company deliver furniture to their home, so KEA add the delivery service but in low service price. 4. Customers could eat delicious food in the KEA restaurant near the store. Support activities Procurement 1 . Purchasing goods from suppliers all over the world and choose the lowest price with better quality 2. Firstly, make sure the price off product and then choose the suppliers. Technology 1 . New technology could help KEA use KIT and supplies could know the information about inventory and forecasting data. 2. KEA designs the products by themselves and the patents belong to KEA. 3. Innovations of design could reduce the cost , such as 10 expending screws should be used to produce a table, after the innovation, just expending screws needed. Human resource management 1 . KEA listed 20 in the competition of the worlds most attractive employers 2011. 2. KEA provides opportunities for employees and some co-workers could gain invaluable knowledge from working aboard. 3. 131000 employees from 48 different countries and KEA believe this is their most valuable assets. Firm infrastructure 1. Excellent management information system such as MOM and ASTOR 2. In accounting aspect, they get rid of fixed budget and make the budget according to the target profit. Johnson, Schools and Whetting (1998) pointed that value chain model could help with understanding the opportunities for vertical integration or outsourcing. P. Timers (2000) said the various activities could examine in terms of the cost and value of activities of a company. From the above analysis of the value chain we could easily find that no matter primary activities or support activities they are closely concerned with the reducing cost. 2. 3 Purposes and Expectations of KEA 2. 3. 1 Stakeholder Mapping J. Bryon (2002) said that stakeholder mapping identifies stakeholder expectations and power and helps in understanding political priorities. It underlines two issues: how interested each stakeholder group is to impress its expectations on the organization and choice of specific strategies. And whether stakeholders have the power to do so. The stakeholder mapping of KEA would be listed in figure 3. Figure: 3 In the short term, if a company sets the target as maximize the profit, it will be acceptable and the company can survive. However, in the long term, if the company still Just pay all its attention on the profit, it could not develop very well. After over 60 years development, we could tell that KEA did really well in business ethics and corporate social responsibility. W. Frederick, J. Post and K. Davis defines corporate social responsibility is concerned with the ways in which an organization exceeds the minimum obligations to stakeholders specified through regulation and corporate provenance. Steve Howard, Chief Sustainability Officer for KEA Group said their goal is to get 100% of our energy from renewable sources. It is an ambitious goal but we are making good progress. 51% of our energy use in 2011 was supplied through 2015. In the material aspect, KEA work with WFM and the Forestry Stewardship Council (FCC) to ensure Our wood comes from responsibly managed forests. In the products aspect, KEA wants to realism sustainability. For example, it continuously improves the price invest in next-generation, energy-efficient technologies like LED light bulbs and induction cookers. . The strategic choice of KEA The mission and vision of a company usually indicate the direction of a companys strategy. The annual report of KEA (2011) writes that Our vision is a better everyday life for the many people. What does this mean? It meaner thinking about home furnishing beyond form and visual appeal and designing products in a way that really does solve some of lifes daily challenges. It meaner reaching out to as many people as possible and helping them achieve their dream home at the lowest possible cost. Just look at our business idea: To offer a wide range of well designed, national home furnishing products at prices so low that as many people as possible will be able to afford them. 3. 1 Corporate level strategy 3. 1. 1 KEA overseas expansion of strategy Business organizations may expand from their home countries to foreign countries by setting up replicas their value chains in those foreign countries. Well-known examples of such organizations are those that expand internationally by replicating a format aimed mainly at distribution, such as McDonalds, The Body Shop, Struck and KEA. KEA builds global sourcing through foreign direct investment and Joint ventures. KEA had 1026 home furnishing suppliers in 53 countries. Since 1963 the first KEA store outside Sweden opens in Oslo Norway. From the below figure 4 we could know the process of KEA overseas expansion. Figure: 4 Source: www. Kea-group. Kea. Com. J. W. Such as Edgewood first KEA restaurant opens in the KEA store in „Elmhurst, Sweden in 1960. And KEA food service turnover was 1. 2 billion in 2011. (KEA welcome inside, 2011) KEA also uses unrelated diversification in the past. Unrelated diversification is the development of products or service beyond the current capacities or value network. In 2001, it opens a train service company to distribute its own products in European countries. However, the performance of this train service company was not very optimistic. Therefore, KEA announced to cease the operation of train service in 2004. Obviously, it was an unsuccessful trial during this KEA history of diversification. 3. 2 Business level strategy Business level strategy is defined as an integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in specific product markets (Michael A. Hit at all. 2009). The strategy clock is based on competitive advantage, Porter pioneered thinking in this field when he proposed that there were three different generic strategies by which an organization could achieve competitive advantage. They were cost leadership, differentiation and market focus. All of them could be included in the strategy clock model. Therefore, I would like to use this model to explain the business strategy of KEA. 3. 2. 1 Differentiation strategy of KEA * Product differentiation In the past, every several years there would be some new and innovative product which was designed by KEA, Such as, The MET bookcase which is a contemporary classic and will see numerous imitations over the years. SOAP chair, designed by Ole Greer ¶v-Knudsen and Torrent Lind, is wonderfully simple, even if it raises a few eyebrows. SOAP is developed by a supplier that usually makes plastic buckets and bowls, creating a chair in which form and function are not compromised by an unorthodox solution. In recent years, KEA introduce a new concept that is taking account of peoples daily lives special meaning, and strive to use an artistic taste of runtime, for the customer to create a comfortable, warm atmosphere, therefore, distinguish themselves from other companies. Service differentiation First, KEA takes into account of fun in shopping, KEA uses self-service shopping model with very clear and detailed instruction to guide the customers. What is more, parents could leave their children in the childrens playing area in the store. Secondly, KEA serves the delicious low cost food in their stores. * Environment protection aspect In recent years people are increasingly concerned about the environme ntal protection, not only some non-government organizations, but some ordinary customers are taking the aspect into consideration when they are purchasing the furniture. KEA realized this issue very early. For example, Candace Lombardi reported that Furniture retail giant plans to generate enough electricity from the wind farm to power the equivalent of 17 KEA stores in Sweden. And they revealed in the annual report said they work hard to find sustainable solutions, alternative raw materials, creating more with less. 3. 2. 2 Low cost strategy of KEA price than competitors whilst trying to maintain similar perceived product or service benefit to those offered by competitors. * Pricing strategy In order to achieve a really low price, before the design and production process, the material and service of product have to be fully considered. The production process should be in the target cost as much as possible to ensure the quality and performance. * Streamline manufacturing In the production workflow, KEA low cost strategy must have three parts. Firstly, they would find the lowest price raw materials. KEA keeps searching new materials and new technology to reduce the production cost within the required quality. It not only uses timber by some plastic and some newly man-made materials. Second, choose he production layout, production usually located in low cost area, such as China. In addition, KEA adapt the designing furniture for flat packs and self-assembly, which reduces the storing and transportation cost. * Standardization KEA sells the same product in the global market, which meaner they achieve standardization in their different stores in different countries. There is a lot benefit. Firstly, they could purchase the same raw materials from the same supplier, which meaner they have the economics of scale and bigger bargaining power of the suppliers. Secondly, the allocation and transportation of products would be more legible. It could solve the problem of overstock and under stock. Thirdly, the production uses the same process, therefore, it is easy for training. * Cooperation with suppliers Cooperation enables a company to take an advantage of other business advantages and benefits of economies of scale. This can bring high efficiency of the enterprises production capacity, on the other hand to promote the implantation of cost leadership strategy. As the KEA annual report (2011) written KEA has 1026 home furnishing suppliers in 53 countries. In addition most of them are long term relationship. KEA encourages competitions between suppliers, and measure the low price vendor to make sure their required quality. Though this model, KEA not only integrate their logistics system, while low cost strategy for in-depth integration into business operations into every process, to achieve the target cost. 3. 2. 3 Strategy clock From the above analysis we could tell that KEA is using the hybrid strategy. A hybrid strategy seeks simultaneously to achieve differentiation and a price lower than that of competitors. D, Miller (1992) pointed that the success of the strategy depends on he ability to deliver enhanced benefits to customers together with low prices whilst achieving sufficient margins for reinvestment to maintain and develop the bases of differentiation. The figure 4 shows the position of KEA. Figure 4 3. 3 Evaluation of suitability Johnson, Schools and Whetting (1998) defined suitability as it concerned with whether a strategy address the circumstances in which an organization is operating- the strategic position. Suitability criteria concerns with whether a strategy addresses the key issues or problems relating to the strategic position of the organization. (Zimmermann, 2010) Suitability required the strategic fit with the environment of the enterprise. I will list the key issues in the macro-environment macro-environment * Supportive police from government * Quickly economic growth * Huge market demand in target market * Technology support is not enough Key issues in operational e nvironment * Rivalry among existing firms in increasing in Chinese market. The bargaining power of the suppliers is relatively lower. * The bargaining power of the buyers is higher because of the information age. * Threats from potential entrants are not ere high, because of the enter barriers. * Threat of substitution is very low. Key issues in strategic capabilities * Inbound logistic: Huge amount of standardized products from same suppliers with the flat pack assembly. Operation: High efficiency operation during the process and lower inventory * Outbound logistic: Efficiency and flexibility of transportation * Marketing and sale: Successful furniture furniture catalogue since 1951 * Service: Customer self service with clear instructions * Procurement: choose lowest price with best quality in worldwide * Technology: new technology to educe costs * Human resource management: view employees as their most valuable assets. From the macro-environment analysis we know that Chinese marke t is really attractive to KEA. Therefore, Kikes international strategy is quite suitable from the aspect. However, KEA should take some difficulties into consideration, because the cultures difference. From the operation environment analysis we know that KEA takes a strong position among the related parties. This is a big advantage of its diversification strategy and it will provide strong support to the diversifies process of KEA. From the strategic capability analysis we find that KEA has the high efficiency and low cost operation in the whole value chain and the supportive give strong support in innovation, which is quite suitable with the business level strategy-reduce cost and differentiation. . Future development and challenges In this fast changing environment, KEA is facing increased challenges than ever. There is only one way in front of KEA that is being better than the competitors. Just as Kikes new chief executive Mikhail Johnson (2009) said: we know that many of our customers have less money to spend and our low-price concept is therefore more elevate than ever. 4. 1 Changin g of corporate level strategy Generally, the history of KEA is the history of expansion. It is easy to summaries that from 1943 to 1963 KEA Just operate their business in Sweden. And from 1963 to 1973 KEA bring the business to other countries in northern Europe. Then from 1973 to 1985 KEA open its stores all over the Europe and Australia. In 1985 it arrives North American. In 1998 and 2000 KEA arrive China and Russia that are new emerging markets and developing countries. From the above description we could find overseas expansion is still the corporate strategy of KEA. Furthermore, the new emerging market will be the profit growth of KEA in the near future. However, there are a lot of uncertainties in these new emerging markets, because they are still in the high speed developing process, which meaner the challenge and opportunities diversification of KEA did very well, however the unrelated diversification did not very successful in history, such as in 2001 The KEA Group trials running its own rail operations through KEA Rail ABA. The train runs five round trips a week between „Elmhurst, in Sweden, and Disturb, in Germany. In 2004 the operation was not successful rail operations are taken over by an external company. Therefore, the related diversification is more suitable for the future development of KEA. 4. 2 Changing of business level strategy After the analysis of KEA, I would like to divide the changing of business level strategy into three stages. The first stage is the beginning part, in this part KEA only pay their attention on the reducing cost. Second stage is innovation. At this time, KEA did not only care about the cost, but the innovation of the product and tries to be differentiated with their competitors. Some classical products were produced at his time, such as Marina Grabbings designs the MET bookcase, SOAP chair raises eyebrows and BILLY bookcase. In the third stage of KEA, it begins to realism the importance of environment protection and corporate social responsibility. For example, in 1990 The KEA Group develops an environmental policy to ensure that the company and its co-workers take environmental responsibility for all activities conducted within its business. In 2000, The KEA Group, in co-operation with EUNICE, initiates a broad community programmer in northern India to address the root causes of child labor. In 2002, the global conservation organization WFM and the KEA Group Join forces to promote responsible forestry in priority regions around the world. From the above analysis we could know KEA should not only itself as a furniture production and selling company. It is also selling a way of living and way of quality living style. KEA had better do more charity work and donation in developing and underdeveloped countries, because these countries will be their development direction in the long term. . Conclusion Finally, I want to quote the words from the Former KEA CEO Enders Dahlia, he said the biggest threat to KEA is KEA it. I mean, were still in the first generation of owners, and we havent seen the transformation of the next generation yet. And what the effects of that will be, in terms of dilution or not, are the vision and values, and how that makes the company tick is, I think, at least a potential Im not saying it will be, but it is a potential problem. It happens in many companies. With over 60 years development, it is obviously that KEA did best in the furniture industry in the worldwide. I believe the successes come from three aspects. The first key point is the product. Although the products may not be the best quality and the best design, the customers could be inspired by the products and the products could combine with your living environment harmoniously. In addition, the price is really attractive to the customers. The second key point is the suitable strategy. There is no best strategy in this changing world, but there is the most suitable strategy for individual companies. The success of KEA could be attributing to the suitability of strategy. KEA uses a hybrid strategy which is combining the low cost with differentiation harmoniously. The third key point is Kikes organizational culture.

Managerial Accounting free essay sample

The ability to meet short-term obligations and to efficiently generate revenues is called: Liquidity and Efficiency 3. The ability to generate future revenues and meet long-term obligations is referred to as: Solvency 4. The ability to provide financial rewards sufficient to attract and retain financing is called: Profitability 5. The ability to generate positive market expectations is called: Market Prospects 6. Standards for comparisons in financial statement analysis include: Intra-company, Competitor, Industry, Guidelines 7. The comparison of a companys financial condition and performance across time is known as: Horizontal Analysis 8. A companys sales in 2004 were $ and in 2005 were $. Using 2004 as the base year, the sales trend percent for 2005 is: Analysis Period amount/Base Period Amount x100 9. One of several ratios that reflects solvency includes the: Debt-to-equity ratio 10. Current assets divided by current liabilities is the: Current Ration 11. Ch. 18Managerial accounting is different from financial accounting in that: (users and decision makers, purpose of info, flexibility of practice, timeliness of information, time decision, focus of information, nature of information) 12. Planning   involves establishing and specifying goals how to achieve them. involves gathering   to ensure Controlling feedback that the plan is being properly executed or modified as circumstances change. Decision making   involves selecting a course of action from competing alternatives. Forward-looking Perspective †¢ Budgeting systems turn managers’ perspectives forward. A forward-looking perspective enables   gaps managers to be in a better position to exploit. It also enables them to anticipate   and take steps risks to eliminate or reduce their severity. Forward Looking Perspective Practical example: Failure to anticipate problems Phil Harrison, President of Sony Computer Entertainment FORCED TO STEP DOWN Forward Looking Perspective Practical example: Ability to exploit opportunities HUGE PROFITS â€Å"Yesterday is history, tomorrow is a mystery, but today is a gift. That is why it is called the present .