Supply Chain Management and Ikea - 3458 Words

SUPPLY CHAIN STRATEGY IN INTERNATIONAL FIRM- IBM Braganà §a, 2014 Contents Introduction 3 Products and services 4 Products and services characteristics influence the logistic/supply chain strategy 5 Key customers and location: 7 Key suppliers and location 7 Distribution channels used 9 Manufacturing facilities and location 11 Warehouses facilities and location 11 Modes of transportation used 12 Figure to represent the entire supply chain 13 Other characteristics of international operations 14 References: 15 Introduction The term, â€Å"logistics,† and its actions originated with the military. In the very beginning logistics applied to the process of supplying equipment and supplies to military. Logistics as a†¦show more content†¦Vision statement: â€Å"To create a better everyday life for the many people†. Mission: â€Å"To offer a wide range of well-designed functional home furnishing products at prices so low that as many people as possible will be able to afford them†. We can recognize the relation between those statements and products characteristics. To meet its vision IKEA provides many well-designed, functional products for the home. Products are standarlized for global market. It prices its products low so that as many people as possible can afford to buy them. In addition to this, they have competitive advantage, which is that IKEA products are different from other company’s products, they are called â€Å"self-assembled† or â€Å"RTA furniture†. Those kind of products can bring a lot of benefits to customer, for example, the â€Å"flat pack† is more convenient to ship or delivery by customers themselves, meanwhile it can save more space and the price is rather cheaper. Further, IKEA is good at implementing economics of scale, meaning that the company is not only able to predict which raw material will be suitable in recent years but also create unique manufacturing process. Also this company is social responsible and this integration of social responsibility intoShow MoreRelatedIkea s Supply Chain Management1143 Words   |  5 PagesAbout IKEA IKEA is a multinational company that designs and sells ready to assemble furniture, home accessories and appliances. IKEA was founded by a 17-year-old Ingvar Kamprad in Sweden in 1943. The Company’s name is an acronym that consist the initials of Ingvar Kamprad, Elmtaryd (his farm) and Agunnaryd (his hometown). In January, 2008 IKEA was listed as the world’s largest furniture retailer. Based upon the march, 2016 stats IKEA owns and operates 384 stores in 48 countries. What is Supply ChainRead MoreAnalyzing Ikea s Growth Of The Firm, Dunning Oli Framework Approach Of Foreign Direct Investment ( Fdi )1325 Words   |  6 Pages(FDI), this essay will also declare several issues may exist in an international business as well as factors should be considered in global supply chain control. Moving on to analyse IKEA s implementation of global supply chain control and emphasize its outsourcing plan, comparing to other corporations what competitive advantage IKEA gain in managing supply chain and outsourcing. Main body: Referring to the leading theories of the firm approach conducted by Edith Penrose (2003) on the endogenousRead MoreIkeas Supply Chain Management1706 Words   |  7 PagesSupply Chain Management in Ikea Ikea is a renowned global furniture retail shop that was established by Kampard Ingvar in 1943(Bartlett, 2006). The business began as a grocery and stationery of mail order and later turned into furniture as its main business. Currently, it has over 292 branches in 34 countries globally. Ikea has been operating on the motto â€Å"better life for everyone†. Ikea focuses basically on good quality of household furniture and low prices of goods. Ikea strives to build a goodRead MoreOutline Of A Business On Ikea1094 Words   |  5 Pages IKEA Aimee Valdes Palm Beach State College Chapter 1: Research Proposal and Introduction Introduction Corporate name, founding date, founding leaders. IKEA, one of the most successful retailers in the world, was established by Ingvar Kamprad, in 1943, in Sweden (Hill, Jones Schilling, 2015). Essential events and critical incidents. In 1948, after adding furniture to IKEA’s product line Kamprad published the first catalog which is distributed free to this day (Hill et.alRead MoreExplain How Each Sector of Industry Is Linked Together Within a Supply Chain?835 Words   |  4 PagesExplain how each sector of industry is linked together within a supply chain? In todays world, supply chain management (SCM) is a key strategic factor for increasing organizational effectiveness and for better realization of organizational goals such as enhanced competitiveness, better customer care and increased profitability. Today, most of the enterprises of a supply chain operate independently. For example, marketing, distribution, production planning, manufacturing, and the purchasing organizationsRead MoreIkea Supply Chain1259 Words   |  6 PagesIntroduction: IKEA is a privately held, international home products company that designs and sells ready-to-assemble furniture such as beds and desks, appliances and home accessories. The company is the world s largest furniture retailer. It was founded in 1943 by 17-year-old Ingvar Kamprad in Sweden. As of October 2010, the chain has 313 stores in 38 countries, most of them in Europe, North America, Asia and Australia. The word IKEA was an acronym of his name and address: Ingvar Kamprad and ElmtarydRead MoreThe Operation Strategies And Cost Leadership1399 Words   |  6 Pagesdiscusses and explores the operation strategies and cost leadership of both IKEA and Fruity fro-yo and how it relates to business operations. The success of the business will also be assessed through the identified operations strategies that each of the businesses applies into their operations. This results in increased operations efficiency, which is discussed within this business report. Strategic role of management - Cost leadership Cost leadership: Cost leadership refers to the strategiesRead MoreIkea-Value Chain1221 Words   |  5 Pages1. Introduction IKEA is one of the most successful manufacturing and retail furniture companies operating in today’s global marketplace. IKEA manufacture from the bottom up, top down furniture that offers environmentally friendly, state of the art designed furniture that is both affordable and attractive to its customers via their online, catalogue and worldwide distribution channels, with a logistics network that are low cost footprints with the enforces on cost efficiencies couple with technologyRead MoreIkea Swot Analysis1089 Words   |  5 PagesKStrengths 1. Supply chain strategies. 1.1. Packaging concept. The flat packaging is known of its IKEA which is very effective for transporting products because more products can be shipped at the same time. Consequently, transportation cost will be cheaper. Furthermore, the flat packaging reduces some materials usage. However, it has some weak areas to work on such as protection and unitization. 1.2. New unit load carrier. IKEA has created new carrier which is called â€Å"Loading ledge†, isRead MoreIkea As A Manufacturer And Retailer1715 Words   |  7 PagesIKEA is known as a furniture manufacturer and retailer. The company is world renowned and known globally. It specializes in knockdown and discounted good quality furniture. IKEA was founded in 1943 by an individual by the name of Ingvar Kamprad. He wanted to serve price-conscious neighbors in the location of Southern Sweden. IKEA was based on developing innovated modern designed furniture. IKEA was also had the recourse to produce in mass produces and venturing early into Eastern Europe to build

Analysis of Psalm 2 in the Holy Bible - 1045 Words

CONTENT A DESCRIPTION OF THE HATRED OF HUMAN NATURE AGAINST THE CHRIST OF GOD. (PSALM 1:1-3) The Nations Rage (Psalm 2:1) In the beginning of the Psalm, David starts with an angry interrogation against the humans for God1. David is perplexed about why the people are even raging against God, he knows the have no reason to and they dont have a benefit too anyway. Theyre rebellion is motivated by vain2. With vain, especially against God, comes boundless foolishness in this Psalm3. The disturbance was not only created by the people but also their leaders who fostered the rebellion4. Opposition to God and Warfare Continues (Psalm 2:2) The kings, of which David are speaking, include Herod, Pilate, and other with and or after them5. Ever†¦show more content†¦The anointed one is proclaiming His sovereignty and warning the rulers about the consequences they are going to face21. Since the Anointed One is speaking, He tells us the decree His Father spoke to Him. He tell us what the Lord said to Him while recognizing Him as the Son of the Father, His only begotten Son. The name, â€Å"My Son† is specifically for Jesus even though He sometimes refers to angels as â€Å"Sons†. It is very important here that God says, â€Å"begotten† and not â€Å"created† or â€Å"built† because Jesus is in fact, of the same nature of God. It describes the relationship between God and Jesus22. Christ Declares that His Enemies are His Inheritance (Psalm 2:8) Christ is declaring not only will He make the Jewish nation His Sons possession, but the whole world23. Jesus will rule over all the nations and all judgment is devoted to Him24. Its amazing how the sinful nations are going to be Jesus inheritance and how He will rule over them. Christ Gives Them Tools to Break the Rebellious Nations to Pieces (Psalm 2:9) Jesus says that anyone who does not submit to Him will be destroyed25. Christ goes on to explain how easy it be would to break them and demolish the nations. It shows once again why there is no point in trying to dominate God because it cannot happen. No one can over power Him and no one can compete with Him. He is almighty andShow MoreRelatedThe Belief Of God, Jesus Christ, And The Modern Scholars Essay1502 Words   |  7 PagesIntroduction The term Christianity has been given many definitions by various disciplines ranging from the Bible, the Roman Catholic Church, and the modern scholars. According to the Bible, Christianity is the confirmation to the sacred scriptures, as derived from Jesus Christ (2 Corinthians 5:17, Hebrews 13:1-3). The Roman Catholic defines the term Christianity as the religion that is based on the teachings of the Lord Jesus Christ (Jamison, 1951). While the scholars define the term ChristianityRead MoreAnalysis Of The Book Old Testament Survey II By Robert H. Stein1436 Words   |  6 Pages May 10, 2017 Critical Book Review of Robert H. Stein’s A Basic Guide to Interpreting the Bible: Playing by the Rules. Biographical Sketch of the Author Stein gives a good discourse of available tools one might use to properly understand God’s Word that will be helpful to the learner’s task. If fact, he states in the Preface, â€Å"The basic goal of interpreting the Bible and other written texts should be to understand what their authors consciously sought to convey by what theyRead MoreGod Is A Living Personal Spirit1355 Words   |  6 PagesGod: God is good. He is loving, merciful and compassionate. The Bible tells us that God is a living personal Spirit. He is not an impersonal force, but a living being who acts (Psalm 115:3-7). God is personal with his own features. He is Spirit who exists separately from the world and is above and beyond it. God is Trinity; Father, Son and Spirit. Father, Son and Holy Spirit are distinct persons within the Trinity and have distinct purposes, yet they are perfectly united in the being of God.Read MoreLight Shade: An Exegetical Brief of Psalms 272043 Words   |  9 PagesExegetical Brief of Psalms 27 ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! â€Å"Light and Salvation†: An Exegetical Brief of Psalm 27 A. An outline and Structural Analysis! - Enemies and the Fear of the Lord (v1-3)! - The Psalmist’s One Petition (v4-6)! - Distress, but resolved to wait on Jehovah (v7-12)! - Reassurance (v13-14)! ! B. Introduction ! ! The book of Psalms consists of one hundred ï ¬ fty songs and prayers in the Wisdom literature section of the Bible. The identiï ¬ cationRead MoreMain Components Of The Christian Worldview1412 Words   |  6 Pagespaper, the main components of the Christian worldview will be discussed, to include God, humanity, Jesus, restoration and analysis of Christian Faith as well as a reflection of my own beliefs. God The Christian Worldview is founded on God as the creator. God is viewed to be the one that directed, commanded, and spoke into existence, the universe and everything in it. (Lecture 2, 2016) Genesis 1 starts with, â€Å"In the beginning God†¦Ã¢â‚¬  (vs. 1, NIV) this indicates that God was and is the beginning. GodRead MoreThe Main Elements Of The Christian Worldview Essay1647 Words   |  7 Pagesall he stands for. God consists of three persons which are the Father, the Son, and the Holy Spirit yet, each are equal and all three work together to create a functioning community (â€Å"The Trinity,† 2016). The characteristics of God can be found in Psalm 145 which emphasizes that God is good, gracious, righteous, merciful, and noble. â€Å"The Lord upholds all who are falling and raises up all who are bowed down† (Psalm 145:14 English Standard Version). There are three different beliefs within the ChristianRead MoreThe On Gospel Essentials Of The United States1489 W ords   |  6 Pagesworldview possesses very unique qualities that separate it from the others. Christians believe that only one God exists (Timothy 2:5) and that he created mankind in his own image (Genesis 1:27). God then sent his son Jesus to die for the original sin of man and to allows us to ask forgiveness for our sins. Christian values are built off the teachings of the holy bible and are absolute with the teachings of God. In order to analyze the Christian worldview and actively practice it without persecutionRead MoreRe Sba1648 Words   |  7 PagesAcknowledgement†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 1 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2 Statement of Aims†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3 Collection of Data and Instruments Used†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4 Chapter One Summary of Findings†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 6 Dreadlocks†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 7 Marijuana†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 8 Colours†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 9 Analysis and Interpretation of the Information Collected†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 10-11 Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreWorldview/Religion Analysis of Islam Essay1238 Words   |  5 PagesApologetic Method Analysis Worldview/Religion Analysis of Islam By Elizabeth Case Student ID: L6924379 Presented to: Dr. Raymond Johnson In partial fulfillment of the requirements of Introduction to Apologetics APOL 500 Liberty Baptist Theological Seminary Lynchburg, VA April 3, 2011 Worldview/Religion Analysis of Islam Summary of Islam The Arabic term Islam literally means â€Å"surrender† or â€Å"submission†. The followers of Islam, known as Muslims (from theRead MoreThe Faith Of The Gospel1572 Words   |  7 Pagesbeliefs Christians hold about God, humanity, Jesus, and restoration, as well as provide an analysis and a personal reflection. The Christian worldview holds the belief in God at its foundation. There is one sovereign God who created the universe. God existed before creation and has the ultimate authority and power over all things (CWV 101 Lecture 2, 2015). Multiple times during the creation account in Genesis 1-2, God looks at what He created and sees that it is good. God is only capable of creating

Gambling¬machines And Automation Of Desire â€Myassignmenthelp.Com

Question: Discuss About The Gambling Machines And Automation Of Desire? Answer: Introduction Aristocrat Leisure Limited and Fortescue Metals Group are two very different entities. While Aristocrat Leisure Limited is a company that manufactures gambling and gaming machines, Fortescue Metals Group is involved in the mining of metals. In this essay we shall discuss their similarities and differences with the aim to gain insight into their working, visions, missions and social responsibilities amongst other things. Below mentioned are the various criteria and characteristics that define these companies, along with a SMART analysis to the respective criterion. SMART stands for Specific, Measurable, Achievable, Realistic and Timely and is a test or a tool that can be used to analyse the current situation in any organization while at the same time increasing its chances of achieving its goals. Also, the below mentioned statements shall be analysed as to whether they are believable or simply add value to the company. Mission and Vision Following are the vision or mission statements of the two companies- Aristocrat Leisure Limited- To create the worlds greatest gaming experience every day(Blakeney, 2012) is the mission of this company. The company believes that to render people with the worlds best gaming experience, one need to have more than just talented people and using advanced technologies. They give utmost importance to integrity, respect, courage and passion. According to the companys beliefs, these characteristics are what define them. SMART Analysis- The above mentioned statement is very specific as the company knows that they want to provide their users with the best possible gaming experience ever. The measurability of the statement is relative in the sense that the company want to be the best. There are no comparable numbers that can be measured. The goal is definitely achievable. To provide the best services in any field, the company has to strive for perfection. The goal is also realistic. The statement doesnt mention anything related to the completion of their goals within a fixed period of time. The companys goals are believable. In addition to this, they do also add value to the company. Costumers, when they see that a company is providing quality services and experience, tend to become permanent clients and have faith in the company. This adds to the brand value of the company. Fortescue Metals Group- the Companys vision is that of being the safest, lowest cost and most profitable iron ore producer(Romney Steinbart, 2012) in the world. They give immense importance to the safety of their workers. SMART Analysis- The companys mission is specific as they want to produce iron ore at the most profit in the lowest cost. The statement is similar to that of Aristocrat Leisure Limited in the sense that there are no quantifiable numbers mentioned. Their vision is achievable. It is possible to produce iron ore at the lowest input cost and earn maximum possible profits. Their vision is realistic. There is again a similarity in the visions of both the companies as there is no mention of time-related issues. Another similarity emerges in the vision and missions of both the companies. All of the goals or objectives of Fortescue Metals Group are believable as well as add value to the companys goodwill and reputation. Values Values can set a company apart from the competition by clarifying its identity and serving as a rallying point for employees(Lencioni, 2008). Following are the values of both the companies- Aristocrat Leisure Limited- the core values that this company is built on is passion, courage and respect. They work to incorporate these values into their organization every day and encourage others to do the same. Fortescue Metals Group- Safety and family are at the core of our culture and values(Romney Steinbart, 2012). Their core values include- safety of all the workers in their company, empowerment of every individual, caring for one and all, frugality, enthusiasm, courage and humility. SMART Analysis- Both the companys core values are specific. While ALL lays emphasis on passion and courage to provide an amazing, one of its kind gaming experience, FMG on the other hand, focuses on the safety of its employees and caring for one another. The difference in the values of the companies arises due to the fact that both the companies are different from one another to their core. The companies vision do not provide any measurable data and rely on words such as best, lowest or most profitable to describes their goals. Both the companys visions are achievable. The companys visions are also very realistic. Aristocrat spends something like $120 million a year on research and development(Annoynomous., 2013). This is a lot of money. If the company utilizes its funds properly, it can definitely achieve its goals and objectives in actuality(Crane, 2008). There is no mention of time related goals or objectives in both the companys statements of core values. The core values of a company are its foundation. This is what the company is built on and what it stands for. The core value is what some would call is the soul of the brand and the inner spirit when building a brand(Xiangyin Li, 2015). Both the companys core values focus on qualities such as passion, courage and humility, all of which are believable. When a company is associated with positive characteristics, it adds to its value. Such is also the case of the above companies. Corporate Social Responsibility Often abbreviated as CSR, the Corporate Social Responsibility of a company refers to the action of taking responsibility for its actions by the company, be it related to acting towards the benefit of society or a companys moral obligation to not indulge n activities that can prove to be harmful to the environment or the ecosystem. Following are both the companys CSR. Aristocrat Leisure Limited- the Companys website does not mention much about the companys CSR towards the environment. However, there is mention of the company being involved in a number of charities and fund raising events. Fortescue Metals Group- The FMG takes Corporate Social Responsibility very seriously; they are involved in a number of activities which give back to the environment as well as their community. A few of these activities include- being responsible for the impact the companys manufacturing has on the environment, giving educational grants to those in need and recruiting aboriginal people in their company. SMART Analysis- Both the companys CSR are specific to what they do. While ALL is more involved in doing charities and fundraising, FMG believes in giving back to the community in other ways. Social responsibility or sustainability is hard to measure. All of the actions of sustainability as well as social responsibilities of both the companies are achievable. The companies have been involved in giving back to the community and the environment in their own ways. Both the companys websites provide data to prove their achievements and how they have contributed their share to the betterment of the society and environment. The above mentioned activities have been completed within a given time as the companies thrive to do more and give back as much as possible Stakeholder analysis Although a rich body of literature surrounds stakeholder theory, a systematic process for identifying health stakeholders in practice does not exist(Schiller Winters, 2013). Stakeholders in a company are people who are directly involved in the working of the organization and have a concern or interest in its business. Following are the similarities and differences in the 2 companys stakeholders- While ALL stakeholders includes is chairman, managing directors, CEO and non executive directors, the stakeholders of FMG include a long list of investors in addition to the above. Stakeholders include those who have some kind of claim on the services of the organization(Lee, 2014). Conclusion As mentioned above, Aristocrat Leisure Limited and Fortescue Metals Group are two different that are involved in completely different businesses. However, there are many things that they have in common as well as some which they dont. A companys vision or missions are core entities that form the rest of its operating structure. A SMART analysis can help in determining the status of a companys visions and missions, and assess whether these are realistic and achievable in a given amount of time. This can help a company to understand its limitations and strengths and act accordingly. From the above mentioned, one can understand the role a company plays in giving back to the environment and community in more than one way. It is a companys social responsibility to act in a way that is beneficial to one and all. Also, the stakeholders in a company are the most important contributors and people who are involved in tis working. References Annoynomous., 2013. Gamblingmachines and the Automation of Desire. PLATFORM:Journal of Media and Communication, pp.3451. Blakeney, M., 2012. Intellectual Property Enforcement: A Commentary on the. - Page 151. 2nd ed. New York: Cengage. Available at: https://aristocrat.com/about [accessed 19 September 2017]. Crane, A., 2008. The Oxford Handbook of Corporate Social Responsibility. New York: Cengage. Lee, K., 2014. Who are the stakeholders? The Journal of Technology Studies, pp.2-8. Lencioni, P.M., 2008. Make Your Values Mean Something. Harvard Business Review. Romney, M. Steinbart, P., 2012. Accounting Information Systems Australasian Edition - Page 371. 3rd ed. London: Springer Publications. Available at: https://www.fmgl.com.au/about-fortescue/our-culture [accessed 17 September 2017]. Schiller, C. Winters, M., 2013. A framework for stakeholder identification in concept mapping and health research: a novel process and its application to older adult mobility and the built environment. British Columbia: BMC Public Health. Xiangyin Li, C.S., 2015. A Study on the Core Values of the Brand. Journal of Service Science and Management, pp.868-73.

Siddhartha Deborah Erwin Essays - Allegory, Siddhartha,

Siddhartha Deborah Erwin Hermann Hesse College Prep. New Directions Jan. 25, 1999 ? 1951 Report # 4 Siddhartha is a fictional book about a man striving to find the true meaning in life. It has a very proper and intellectual atmosphere. The story is set in India, but the time is not apparent. Everyone seemed to belong to a group of people who had their own beliefs and methods of praising the gods and becoming worthy of heaven. There was also a big difference between "learned men" and "ordinary men". Siddhartha is the main character of the story. The story is of his life, beginning at about adolescence; therefore, his age is not steady throughout the story. He is "intelligent and thirsty for knowledge" and in search for the divine meaning of life and the after-life. As a young man, he is "strong, handsome, with eyes like kings eyes and a slim figure"; and as an older man he has a radiant smile and a serene, peaceful face. Govinda is Siddhartha's childhood friend. He, also, is in search for the true meaning of life. Vasudeva is an old ferryman whom Siddhartha becomes good friends with, lives with, and learns much from. Siddhartha goes to Kamala in order to learn about love, and she has his child. Siddhartha, a Brahmin's son, begins to doubt the beliefs of the Brahmins. He sees a group of Samanas pass through town and decides that is the kind of life he wished to live, so simple and pure. He asks his father's permission to join the Samanas and stands in one place all night until his father allows him to go. He and Govinda go to live with the Samanas in the woods and live simply; almost no clothes, absolutely no possessions, eating only once a day, and often fasting for many days. The Samanas practice was "to become empty" and "let the Self die" in order to awaken he innermost of Being. Siddhartha soon begins to see flaw in the Samanas' practice and when he hears word of a Buddha, an Illustrious One, he decides to follow him. He and Govinda leave the Samanas and go to see Gotama, the illustrious Buddha. They listen to his teachings and Govinda pays his allegiance to the Illustrious One and becomes a monk. Govinda is the one who has always followed Siddhartha and wants to stay with him. But Siddhartha does not want to join Gotama's people, decides to go on his own, and he and Govinda separate. Siddhartha speaks with Gotama and tells him that he cannot stay and commit himself the teachings. He says that he feels one has to learn things for themselves and his goal cannot be obtained through teachings. Siddhartha leaves the grove and leaves his friend. Siddhartha begins to see beauty and necessity in everything. Such things as the trees and animals were, to the Brahmins, thought of as illusions; therefore, Siddhartha had never noticed them before. Siddhartha travels to a village, but first meets the ferryman who allows him to sleep in his hut. In the village, he meets Kamala, the well-known courtesan, and asks her to teach him of love. She tells him that he must have fine clothes, fine shoes, and money to buy her gifts. She sets up an appointment with a merchant with whom he may work for. Siddhartha meets with Kamaswami, the merchant and gets a job from him because he can read and write, which is uncommon with the ordinary people. He lives with Kamaswami, learning of business and rich lifestyle. He receives fine clothes, shoes, and money and spends much time with Kamala. She teaches him the art of love, but they both realize that neither of them is capable of truly loving. Siddhartha's life has always been directed by the art of thinking, waiting, and fasting; but soon, he becomes one of the "ordinary people". He is now rich, begins gambling and drinking. He forgets all the things that were important to him. He is bitter and too involved in trivial things. He realizes that he is lost in Samsara and decides to leave. Kamala hears of his disappearance but is not surprised, she always knew that he was a