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Monday, December 23, 2019

Globalization And Workers Developing Countries - 2349 Words

Globalization and Workers in Developing Countries Table of Content Introduction 2 Part 1: Does globalization harm workers’ interests in developing countries? 3 Condition of Sweatshop Workers in Developing Countries 3 Average Wages and Hours 4 Job Destruction and Job Creation 4 Unemployment 5 Child Labour 5 Working Conditions, safety and security issues 5 Benefits of Globalization in the Labour Market 6 Part 2: Suggestions for overcoming sweatshops in developing countries: 6 Trade Policy Reforms 7 Capital Market Reforms 7 Labour Market Reforms 7 The Role of International Community 7 Conclusion 8 Reference 8 Introduction Globalization has become an international dynamics of today’s fast growing economy around the world. Multinational Companies (MNCs) get benefits which is important for the economic development because it is the international integration of world trade, and resources, labour, and technology of financial market (IMF, 2014). The labour market is the key distribution network to influence the developing counties through globalization (Rama, 2003). In the first part of the paper, to answer the question â€Å"does globalization harm workers’ interests?†, the form of globalization as average wages and hours, job destruction and creation, unemployment, child labour, working conditions, safety and security issues are discussed to understand the condition of sweatshop workers in developing countries; and benefits of globalization in the labour marketShow MoreRelatedImpact Of Globalization On The Social Consciousness Of The Late 20th Century Essay1667 Words   |  7 PagesI ntroduction Globalization is a term that profoundly characterized the social consciousness of the late 20th century, and still continues to shape 21st century social discourse. But what exactly does globalization imply? Unfortunately, despite being referred to almost incessantly, the true meaning of globalization is often obscure (Reich, 1998). However, according to Griswold (2000), the term globalization simply refers to the liberalization of international trade that effectively promotes the integrationRead MoreGlobalization: the Bad939 Words   |  4 PagesGlobalization: the bad and the bad Sargon Lazar (Serge) 100443573 GHUM 1058 Professor Adeesha Hack Globalization defined is the worldwide movement toward economic, financial, trade, and communications integration. Globalization itself has been around for ages. In ancient times, the Greeks and Romans would import salt and spices while exporting musical instruments and art to the eastern part of the world. It has helped shape the society we currently live in. Globalization also plays a partRead MoreGlobalization And Its Discontents : The Promise Of Global Institutions Essay874 Words   |  4 Pages Globalization is the integration among nations of political views, products, ideas, and cultures. It helps by stimulating innovation, communication, and offers developing countries to catch up to industrialized countries. With the use of advanced technologies, large corporations can supply the world populous with consumer goods that would only be available in 1st world countries. Despite the numerous contributions that globalization has brought, it also carries with it disadvantages. L arge corporationsRead MoreGlobalization Is A Positive Way Or Negative Way?1034 Words   |  5 Pages3rd Dec 2015 Essay on Has Globalization Changed Global Politics in a Positive Way or a Negative way Globalization- Positive or Negative Globalization is one of the 21st century’s most important politics topic. I have heard the term globalization in my economics lecture and in political debates. Some of my friends argued when I asked them if globalization is changed global politics in a positive way or negative way. Some of them argued saying that globalization is a positive developmentRead MoreDoes globalization affect negatively on civilizations? The term globalization means the procedure800 Words   |  4 PagesDoes globalization affect negatively on civilizations? The term globalization means the procedure of connections and incorporations among individuals, organizations and legislatures of diverse countries, a methodology determined by global exchange and speculations, and helped by data innovations. In other words, it is a process of interactions between people, on the basis, that they live in one planet, regardless the limits and spaces separating them. The term globalization was a seldom known articulationRead MoreGlobalization is a World Where More Nations are Interdependent on Each Other741 Words   |  3 PagesAccording to Anthony Giddens, globalization refers to the fact that people are increasingly living in one world where various nation, group and individual are becoming more and more interdependent of each others. Usually globalization is often portray as a economic phenomenon where the transnational corporations(TNCs) whose operations are so massive that it stretches across national borders at the same time influencing economic activities and labor markets. However globalization is not just driven by economicRead MoreDoes Globlization More Harm Than Good?1117 Words   |  5 PagesWith the conception of globalization which is just appear and far-reaching all over the world like that, there has not even been the time to think over on the matter; is globalization good or bad for the world? It has been operating more on the terms of – it approach, and it dominated. To understand a concept such as that, the explanation of globalization is essential. Thus, the definition is in order. Globalization is the name for the process of expanding the connectivity and interdependence ofRead MoreGlobalization Is A Major Point Of Negativity1469 Words   |  6 PagesGlobalization is defined in many ways. â€Å"Globalization generally refers to the expansion of global communications, growing social and political interdependence and the development of a planetary rather than national awareness among many of the world’s people (Anderson, 98).† The process of globalization is allowing people from all over the world be more interconnected with one another. The process is seen in many different ways. Our clothing is no longer made in the United States, today we look atRead MoreGlobalization s Effect On The State s Strength And Weakness938 Words   |  4 Pagescompanies, organizations and governments is known as Globalization which effects not only how the world interacts with each other but how nations develop or cease to develop. In Martin Wolf’s â€Å"Will the Nation-Sate Survive Globalization?† Wolf explains the advances all over the world, which has brought us to where we are today, because of globalization. However, Wolf argues that just because nations are changing and advancing due to globalization, doesn’t mean states have become weaker or less importantRead MoreNo Logo Critique1289 Words   |  6 Pageschampioning globalization using the reasons that globalization allows U.S. consumers to benefit from cheaper products produced abroad, while developing nations benefit from the economic growth stimulated by foreign investments. The generally accepted belief is that governmental policies should be established in favor of the corporations to facilitate the trickling down of corporate profits to the end consumers and workers abroad. Klein, however, contends that globalization rarely benefit the workers in

Sunday, December 15, 2019

Process Safety And Loss Prevention Plant Engineering Essay Free Essays

string(1087) " nuts at each connexion = 2 proceedingss So clip taking to take heat exchanger = 6A-2 = 12 proceedingss Time taking to replace bolts and nuts at each connexion = 5 proceedingss Time taking to replace heat money changer = 6A-5 = 30 proceedingss And we have to unplug the connexions here we have entire 4 connexion Time taking to unplug pipe line the unit line from whole unit Unpluging pipe line from temperature accountant it will take clip = 20 proceedingss Unpluging pipe line from fan it will take clip = 25 proceedingss Unpluging pipe line from rotary kiln it will take clip = 40 proceedingss Unpluging pipe line from another connexion it will take clip = 20 proceedingss Connecting pipe line to temperature accountant it will take clip = 25 proceedingss Connecting pipe line to fan it will take clip = 35 proceedingss Connecting pipes line to rotary kiln it will take clip = 45 proceedingss Connecting pipe line to another connexion it will take clip = 30 proceedingss Corrective clip for heat money changer \( Tc \) = 12\+30\+20\+25\+40\+20\+25\+35\+45\+30 =282 proceedingss or 4\." The system in figure 1 schematic of a nomadic incineration unit. The equipment is arranged as a skid mounted bundle, recess and out pipes have been disconnected from unit.for the care purpose unit can be skiding out to open infinite and accessing needed constituents straight, or subsequently taking constituents from the unit in order to derive the entree. We will write a custom essay sample on Process Safety And Loss Prevention Plant Engineering Essay or any similar topic only for you Order Now All supply and waste connexion are from the unit. Because of cramped conditions. Figure 2 it shows the forepart and side positions of the unit is 2.5m tallness, 5m deep, 2m broad. [ 1 ] Components: Heat money changer ( EX ) Rotary kiln ( RK ) Scrubing unit ( SC ) Temperature accountant ( TC ) Fan motor ( FM ) Screw feeder ( SW ) Screw motor ( SM ) Feed hopper ( FH ) The kiln, heat money changer, and scrubber are each secured to border by 6 bolts and there are 4 connexions to each of the motors. The whole unit can be slid out to let care utilizing raising cogwheel and this requires 20 proceedingss to hale out and 40 proceedingss to return. The clip takes to take nuts and bolts 2 proceedingss and the clip takes to replace 5 proceedingss [ 1 ] MTTR ( Average Time To Repair ) is besides known as Mean Corrective Tim – Mct, or TC. is colored norm of the fix times for the system. ( a ) ( I ) Calculation of MTTR when the unit is slid out for fix: Here failure constituents are removed from unit and it will be repaired and replaced to unit. Components: Heat money changer ( EX ) Rotary kiln ( RK ) Scrubing unit ( SC ) Temperature accountant ( TC ) Fan motor ( FM ) Screw feeder ( SW ) Screw motor ( SM ) Feed hopper ( FH ) Formula for MTTR: TE† c = [ a?‘ni=1 ( I »i.Tc ( I ) ) ] / a?‘ni=1 ( I »i ) Where: TE† c ( I ) is the disciplinary clip for the i’th unit. I »i is the failure rate of the i’th unit. N is the figure of unit. [ 2 ] Failure informations ( I » ) : Heat exchanger failure rate ( I » ) = 40 ( failure per 10^6hours ) or 40A-10^-6hours [ 3 ] Rotary kiln ( I » ) basic constituents of a rotary kiln are the shell, the furnace lining liner, support tyres, rollers, driven cogwheel and internal heat money changer. So rotary kiln failure rate we may gauge amount of all constituents which are utilizing to do rotary kiln. Under technology premise rotary kiln failure rate ( I » ) = 30 ( failures per 106hours ) or 30A-10-6 hours Under technology premise Scrubbing unit failure rate ( I » ) = 45 ( failures per 106hours ) or 45A-10-6hours Under technology premise fan failure rate ( I » ) = 57 ( failures per 106 hours ) or 57A-10-6 Corrective clip for constituents ( Tc ) : ( Tc ) = Tdet + Tloc + Tpla + Tsel + ( Tpre / Tlog ) + ( [ Trem + Trep ] /Trip ) + Tver + Tstu Tdet = observing mistake Tlo = placement failure Tpla = be aftering the work Ts = select the failed point Tpre = shutdown A ; readying Tlog = logistics clip Trem = remotion of failed point Trep = replacing of failed point Trip = repair-in-place Tver = verify the repaired point Tstu = re-start [ 4 ] Corrective clip for heat money changer ( Tc ) Heat money changer has four connexions in the unit and heat money changer framed by 6 bolts and nuts so clip to take take that constituent ( heat money changer ) Entire nuts and bolts for the heat money changer in the unit = 6 Time taking to take bolts and nuts at each connexion = 2 proceedingss So clip taking to take heat exchanger = 6A-2 = 12 proceedingss Time taking to replace bolts and nuts at each connexion = 5 proceedingss Time taking to replace heat money changer = 6A-5 = 30 proceedingss And we have to unplug the connexions here we have entire 4 connexion Time taking to unplug pipe line the unit line from whole unit Unpluging pipe line from temperature accountant it will take clip = 20 proceedingss Unpluging pipe line from fan it will take clip = 25 proceedingss Unpluging pipe line from rotary kiln it will take clip = 40 proceedingss Unpluging pipe line from another connexion it will take clip = 20 proceedingss Connecting pipe line to temperature accountant it will take clip = 25 proceedingss Connecting pipe line to fan it will take clip = 35 proceedingss Connecting pipes line to rotary kiln it will take clip = 45 proceedingss Connecting pipe line to another connexion it will take clip = 30 proceedingss Corrective clip for heat money changer ( Tc ) = 12+30+20+25+40+20+25+35+45+30 =282 proceedingss or 4.7 hours Corrective clip for rotary kiln ( Tc ) Rotary kiln has four connexions connexions in the unit and rotary kiln framed by 6 bolts and nuts so clip to take take that constituent ( rotary kiln ) Entire nuts and bolts for the rotary kiln in the unit = 6 Time taking to take bolts and nuts at each connexion = 2 proceedingss So clip taking to take rotary kiln = 6A-2 = 12 proceedingss Time taking to replace bolts and nuts at each connexion = 5 proceedingss Time taking to replace rotary kiln = 6A-5 = 30 proceedingss And we have to unplug the connexions here we have entire 4 connexion Time taking to unplug the unit line from whole unit Unpluging pipe line from prison guard motor it will take clip = 23 proceedingss Unpluging pipe line from heat money changer it will take clip = 30 proceedingss Unpluging pipe line from another connexion it will take clip = 25 proceedingss Unpluging pipe line from another connexion it will take clip = 20 proceedingss Connecting pipe line to sleep together motor it will take clip = 28 proceedingss Connecting pipe line to heat exchanger it will take clip = 35 proceedingss Connecting pipe line to another connexion it will take clip = 25 proceedingss Connecting pipe line to another connexion it will take clip = 40 proceedingss Corrective clip for rotary kiln ( Tc ) = 12+30+23+30+25+20+28+35+25+40 = 268 proceedingss or 4.46 hours Scrubing unit has four connexions in the unit and framed by 6 bolts and nuts so clip to take take that constituent ( scouring unit ) Entire nuts and bolts for the scouring unit in the unit = 6 Time taking to take bolts and nuts at each connexion = 2 proceedingss So clip taking to take scouring unit = 6A-2 = 12 proceedingss Time taking to replace bolts and nuts at each connexion = 5 proceedingss Time taking to replace scouring unit = 6A-5 = 30 proceedingss And we have to unplug the connexions here we have entire 4 connexion Time taking to unplug the unit line from whole unit Unpluging pipe line from fan it will take clip = 25 proceedingss Unpluging pipe line from another connexion it will take clip = 30 Unpluging pipe line from another connexion it will take clip = 35 Unpluging pipe line from another connexion it will take clip = 25 Connecting pipe line to fan it will take clip = 30 proceedingss Connecting pipe line to another connexion it will take clip = 33 Connecting pipe line to another connexion it will take clip = 38 Connecting pipe line to another connexion it will take clip = 30 Corrective clip for scouring unit ( Tc ) = 12+30+25+30+35+25+30+33+38+30= 288 proceedingss or 4.80 hours Fan has besides four connexions with whole unit Unpluging pipe line from heat money changer it will take clip = 25 proceedingss Unpluging pipe line from temperature accountant it will take clip = 30 Unpluging pipe line from scouring unit it will take clip = 33 Unpluging pipe line from fan motor it will take clip = 27 Connecting pipe line to heat exchanger it will take clip = 30 proceedingss Connecting pipe line to temperature accountant it will take clip = 33 Connecting pipe line to scouring unit it will take clip = 38 Connecting pipe line to fan motor it will take clip = 30 Corrective clip for fan unit ( Tc ) = 25+30+33+27+30+33+38+30= 246 proceedingss or 4.10 hours Table 1: Technetium for the when the unit is slid out for fix Component I » ( failures per 106or A-10-6hours ) Tc ( hours ) I » . Tc Heat money changer 40 4.70 188 Rotary kiln 30 4.46 133.8 Scrubing unit 45 4.80 216 Fan 57 4.10 233.7 a?‘I »= 172 a?‘I »Tc= 771.5 Tc = a?‘I »Tc / a?‘I » = 771.5 /172 = 4.48 hours The MTTR ( Average Time To Repair ) when the unit is slid out for fix = 4.48 hours ( a ) ( two ) Calculation of MTTR when the unit is repaired in topographic point: Here we have to cipher MTTR ( Average Time To Repair ) whole unit in topographic point Components: Heat money changer ( EX ) Rotary kiln ( RK ) Scrubing unit ( SC ) Temperature accountant ( TC ) Fan motor ( FM ) Screw feeder ( SW ) Screw motor ( SM ) Feed hopper ( FH ) Formula for MTTR: TE† c = [ a?‘ni=1 ( I »i.Tc ( I ) ) ] / a?‘ni=1 ( I »i ) Where: TE† c ( I ) is the disciplinary clip for the i’th unit. I »i is the failure rate of the i’th unit. N is the figure of unit. [ 5 ] Failure informations ( I » ) : Heat exchanger failure rate ( I » ) = 40 ( failure per 10^6hours ) or 40A-10^-6hours [ 6 ] Rotary kiln ( I » ) basic constituents of a rotary kiln are the shell, the furnace lining liner, support tyres, rollers, driven cogwheel and internal heat money changer. So rotary kiln failure rate we may gauge amount of all constituents which are utilizing to do rotary kiln. Under technology premise rotary kiln failure rate ( I » ) = 30 ( failures per 106hours ) or 30A-10-6 hours Under technology premise Scrubbing unit failure rate ( I » ) = 45 ( failures per 106hours ) or 45A-10-6hours Under technology premise fan failure rate ( I » ) = 57 ( failures per 106 hours ) or 57A-10-6 Corrective clip for constituents ( Tc ) : ( Tc ) = Tdet + Tloc + Tpla + Tsel + ( Tpre / Tlog ) + ( [ Trem + Trep ] /Trip ) + Tver + Tstu Tdet = observing mistake Tlo = placement failure Tpla = be aftering the work Ts = select the failed point Tpre = shutdown A ; readying Tlog = logistics clip Trem = remotion of failed point Trep = replacing of failed point Trip = repair-in-place Tver = verify the repaired point Tstu = re-start [ 7 ] here we do n’t necessitate to take constituents from unit for fix Corrective clip for heat money changer ( Tc ) : Heat money changer has four connexion in the whole unit Time taking to unpluging the unit line from whole unit Unpluging pipe line from temperature accountant it will take clip = 20 proceedingss Unpluging pipe line from fan it will take clip = 25 proceedingss Unpluging pipe line from rotary kiln it will take clip = 40 proceedingss Unpluging pipe line from another connexion it will take clip = 20 proceedingss Connecting pipe line to temperature accountant it will take clip = 25 proceedingss Connecting pipe line to fan it will take clip = 35 proceedingss Connecting pipes line to rotary kiln it will take clip = 45 proceedingss Connecting pipe line to another connexion it will take clip = 30 proceedingss Corrective clip for heat money changer unit ( Tc ) = 20+25+40+20+25+35+45+30 = 240 minute or 4 hours Corrective clip for rotary kiln ( Tc ) : Unpluging pipe line from prison guard motor it will take clip = 23 proceedingss Unpluging pipe line from heat money changer it will take clip = 30 proceedingss Unpluging pipe line from another connexion it will take clip = 25 proceedingss Unpluging pipe line from another connexion it will take clip = 20 proceedingss Connecting pipe line to sleep together motor it will take clip = 28 proceedingss Connecting pipe line to heat exchanger it will take clip = 35 proceedingss Connecting pipe line to another connexion it will take clip = 25 proceedingss Connecting pipe line to another connexion it will take clip = 40 proceedingss Corrective clip for rotary kiln ( Tc ) = 23+30+25+20+28+35+25+40 = 226 minute or 3.76 hours Corrective clip for scouring unit ( Tc ) : Unpluging pipe line from fan it will take clip = 25 proceedingss Unpluging pipe line from another connexion it will take clip = 30 Unpluging pipe line from another connexion it will take clip = 35 Unpluging pipe line from another connexion it will take clip = 25 Connecting pipe line to fan it will take clip = 30 proceedingss Connecting pipe line to another connexion it will take clip = 33 Connecting pipe line to another connexion it will take clip = 38 Connecting pipe line to another connexion it will take clip = 30 Corrective clip for scouring unit ( Tc ) = 25+30+35+25+30+33+38+30 = 246 proceedingss or 4.10 hours Corrective clip for fan ( Tc ) : Unpluging pipe line from heat money changer it will take clip = 25 proceedingss Unpluging pipe line from temperature accountant it will take clip = 30 Unpluging pipe line from scouring unit it will take clip = 33 Unpluging pipe line from fan motor it will take clip = 27 Connecting pipe line to heat exchanger it will take clip = 30 proceedingss Connecting pipe line to temperature accountant it will take clip = 33 Connecting pipe line to scouring unit it will take clip = 38 Connecting pipe line to fan motor it will take clip = 30 Corrective clip for fan unit ( Tc ) = 25+30+33+27+30+33+38+30= 246 proceedingss or 4.10 hours So based on computations and observation MTTR ( Mean To Time Repair ) for unit is slid out for fix is significantly more than unit is repaired in topographic point. Table 2: Technetium for the when the unit is repaired in topographic point Component I » ( failures per 106or A-10-6hours ) Tc ( hours ) I » . Tc Heat money changer 40 4.0 160 Rotary kiln 30 3.76 112.8 Scrubing unit 45 4.10 184.5 Fan 57 4.10 233.7 a?‘I »= 172 a?‘I »Tc= 691.0 Tc = a?‘I »Tc / a?‘I » = 691 /172 = 4.01 hours The MTTR ( Average Time To Repair ) when the unit is slid out for fix = 4.01 hours Mentions: ( 1 ) ( a ( I ) ) ( a ( two ) ) [ 1 ] Plant dependability and maintainability, assignment inquiry paper, faculty ( CPE6250 ) held on November 30 to December 3 2009. [ 2 ] [ 4 ] [ 5 ] [ 7 ] Cris Whetton, ility technology. Maintainability. [ Lecture press release ] .from works dependability and maintainability, faculty ( CPE6250 ) held on November 30 to December 3 2009. [ 3 ] [ 6 ] Frank P. Lees, 1996, Loss bar in the procedure industries, 2nd edition, volume 3. 1b ) Design alterations to cut down Mean Time To Repair ( MTTR ) : To accomplish optimal MTTR the undermentioned design consideration are recommended: The heat exchanger stuff must be considered based on the operating temperature of the liquid More dependable and maintainable stuff used in the rotary kiln Better we have one more scouring unit to cut down the Mean Time To mend MTTR Motor capacity must designed based on chilling demands All the pipe parametric quantities must be based on the operating temperature of the liquid throwing it Material which is utilizing to do all constituents should be defy all status The temperature accountant must be calibrated for the liquid temperature 1c ) Instrumentality which has system is utile to find the mistakes.so instrumentality in this system temperature accountant ( TC ) : Here TC maps to modulate the temperature of the liquid come ining the heat money changer that is, it pre-controls the liquid come ining the heat money changer. As shown in the figure, the temperature accountant modulate the temperature of the liquid released from the heat money changer and before being cooled by the fan which is control by fan motor. So temperature accountant is utile to observing the mistake which may happen in the heat money changer. Based on the given figure it can be likely assume that degree index may be used for the rotary kiln. a flat index is placed at the top of the rotary kiln. This is used is indicate the maximal degree of the mixture that can be accommodated in a rotary kiln. So this may be indicated the mistakes if anything occur. A flow rate valve is placed in the scrubber unit, so as to command the flow rate alkalic solution into the scouring unit. This flow rate valve allows merely the coveted sum of solution in to the scouring unit. Once the coveted degree is reached the valve will automatically close off the flow of liquid into the unit. And we have some detector dismay at the fan and fan motor and screw motor why because if these have any jobs will gives the signals so we can easy find the mistakes. Due to the incorporation of these instrumentality into the chief system the opportunities of failure is significantly reduced 2 ) Question description: Procedure works to respond liquid A and liquid B to bring forth merchandise C. liquid A passing into storage A utilizing liquid accountant. From storage it will pump to reactor. Liquid B go throughing into storage B utilizing liquid accountant from storage B to pumping to reactor. From reactor merchandise C coming out. Acid gas from reactor pumping to scouring unit. In scouring unit acid gas is cleaned utilizing alkalic solution which is go throughing into scouring unit. Scrubing unit leaves impersonal waste watercourse. Liquids ever available at the recesss to the procedure. There is at least two scouring units working right for the procedure. Stand-by pumps switch over automatically. Pipe work failures can be ignored. [ 1 ] Available informations: The computing machine system has a dependability of 0.9997 over one twelvemonth The operator dependability over one twelvemonth is 0.85 for indicated mistakes and 0.95 for mistakes which raise an dismay Scrubber unit has a weilbull failure characteristic with I · = 600 yearss, I? = 60days, and I? = 1.8 Reactor failures can affect the fomenter which has two failure manners. Shaft break failure rate = 0.1/year Motor failure rate = 0.3/year [ 1 ] 2 ( a ( I ) ) Fault tree analysis here merchandise fails to run into specification is the top event Alarm failure Liquid control LAL fails Liquid control Low degree High degree Agitator failure Coking job Motor failure Shaft break High degree Low degree Excess flow of liquid Angstrom Excess flow of liquid B Reactor Pump failure 2 ( a ( two ) ) Fault tree analysis here liquid waste watercourse composing outside bounds is the top event Low degree High degree Internal mal maps failure Connection fails between scrubbers Improper cleansing temperature Improper alkaline solution pumping to scrubber unit Scrubber unit failure Improper flow reactor to scrubber High degree Low degree Low degree High degree 2a ) computation of dependability of parts of the system Here parts of the system: Storages Reactor Agitator Pumps Scrubing unit Dependability of reactor: Here reactor failure can affect the fomenter failure. First one is shaft break and 2nd one is motor failure Failure rate of shaft break = 0.1/year Failure rate of the motor = 0.3/year Scrubber unit has a weilbull failure characteristic with I · = 600 yearss, I? = 60days, and I? = 1.8 [ 1 ] Failure rate of pump ( I » ) = 13A-10-6hours [ 2 ] Dependability of shaft break: Equation for failure rate: Z ( T ) = I?/I ·I? ( t-I? ) I?-1 Here I? = form factor I · = characteristic life I? = location parametric quantity T = lasting a clip Equation for the dependability: R ( T ) = e- ( ( t-I? ) /I · ) ^6 [ 3 ] Failure rate of shaft break = 0.1/year So utilizing this we are happening T Z ( T ) = I?/I ·I? ( t-I? ) I?-1 0.1/year = ( 1.8/ ( 600 ) 1.8 ) A- ( t-60 ) 1.8-1 Here one twelvemonth = 365 yearss 0.1/365 = ( 1.8/ ( 600 ) 1.8 ) A- ( t-60 ) 1.8-1 T = 90.11 yearss Equation for the dependability: R ( T ) = e- ( ( t-I? ) /I · ) ^6 = 0.995 So dependability for shaft break = 0.995 Dependability of motor: Equation for failure rate: Z ( T ) = I?/I ·I? ( t-I? ) I?-1 Here I? = form factor I · = characteristic life I? = location parametric quantity T = lasting a clip Equation for the dependability: R ( T ) = e- ( ( t-I? ) /I · ) ^6 Failure rate of the motor = 0.3/year So utilizing this we are happening T Z ( T ) = I?/I ·I? ( t-I? ) I?-1 0.3/year = ( 1.8/ ( 600 ) 1.8 ) A- ( t-60 ) 1.8-1 Here one twelvemonth = 365 yearss 0.3/365 = ( 1.8/ ( 600 ) 1.8 ) A- ( t-60 ) 1.8-1 T = 177.29 yearss Equation for the dependability: R ( T ) = e- ( ( t-I? ) /I · ) ^6 = 0.948 So dependability for motor = 0.948 Dependability for scouring unit: Equation for failure rate: Z ( T ) = I?/I ·I? ( t-I? ) I?-1 Here I? = form factor I · = characteristic life I? = location parametric quantity T = lasting a clip Equation for the dependability: R ( T ) = e- ( ( t-I? ) /I · ) ^I? Here we have the T = 133.6 yearss Z ( T ) = I?/I ·I? ( t-I? ) I?-1 Z ( T ) = ( 1.8/ ( 600 ) 1.8 ) A- ( 133.6-60 ) 1.8-1 Z ( T ) = 0.2/year Equation for the dependability: R ( T ) = e- ( ( t-I? ) /I · ) ^I? = 0.996 So dependability for scouring unit R ( T ) = 0.996 Dependability of pump: Failure rate of pump ( I » ) = 13A-10-6hours Dependability of pump R ( T ) = e-I »t Surviving clip t = 70 yearss One twenty-four hours = 24 hours Surviving clip T = 1680 hours Dependability of pump R ( T ) = e-I »t = vitamin E ( -13A-10^-6A-1680 ) Dependability of pump R ( T ) = 0.978 Mentions: [ 1 ] Plant dependability and maintainability, assignment inquiry paper, faculty ( CPE6250 ) held on November 30 to December 3 2009. [ 2 ] Frank P. Lees, 1996, Loss bar in the procedure industries, 2nd edition, volume 3. [ 3 ] Cris Whetton, ility technology. Failure information analysis. [ Lecture press release ] .from works dependability and maintainability, faculty ( CPE6250 ) held on November 30 to December 3 2009. 2b ) Reliability block diagram for the complete system Pump 1 Storage A Pump2 Scrubing unit Reactor Pump Storage B computation of dependability of the complete system over one twelvemonth: Here parts of the system: Storages Reactor Agitator Pumps Scrubing unit Dependability of reactor: Here reactor failure can affect the fomenter failure. First one is shaft break and 2nd one is motor failure Failure rate of shaft break = 0.1/year Failure rate of the motor = 0.3/year Scrubber unit has a weilbull failure characteristic with I · = 600 yearss, I? = 60days, and I? = 1.8 [ 1 ] Failure rate of pump ( I » ) = 13A-10-6hours Failure rate of fan ( I » ) = 57A-10-6hours [ 2 ] Dependability of shaft break: Equation for failure rate: Z ( T ) = I?/I ·I? ( t-I? ) I?-1 Here I? = form factor I · = characteristic life I? = location parametric quantity T = lasting a clip Equation for the dependability: R ( T ) = e- ( ( t-I? ) /I · ) ^6 [ 3 ] Failure rate of shaft break = 0.1/year So utilizing this we are happening T Z ( T ) = I?/I ·I? ( t-I? ) I?-1 0.1/year = ( 1.8/ ( 600 ) 1.8 ) A- ( t-60 ) 1.8-1 Here one twelvemonth = 365 yearss 0.1/365 = ( 1.8/ ( 600 ) 1.8 ) A- ( t-60 ) 1.8-1 T = 90.11 yearss Equation for the dependability: R ( T ) = e- ( ( t-I? ) /I · ) ^6 = 0.995 So dependability for shaft break = 0.995 Dependability of motor: Equation for failure rate: Z ( T ) = I?/I ·I? ( t-I? ) I?-1 Here I? = form factor I · = characteristic life I? = location parametric quantity T = lasting a clip Equation for the dependability: R ( T ) = e- ( ( t-I? ) /I · ) ^6 Failure rate of the motor = 0.3/year So utilizing this we are happening T Z ( T ) = I?/I ·I? ( t-I? ) I?-1 0.3/year = ( 1.8/ ( 600 ) 1.8 ) A- ( t-60 ) 1.8-1 Here one twelvemonth = 365 yearss 0.3/365 = ( 1.8/ ( 600 ) 1.8 ) A- ( t-60 ) 1.8-1 T = 177.29 yearss Equation for the dependability: R ( T ) = e- ( ( t-I? ) /I · ) ^6 = 0.948 So dependability for motor = 0.948 Dependability for scouring unit: Equation for failure rate: Z ( T ) = I?/I ·I? ( t-I? ) I?-1 Here I? = form factor I · = characteristic life I? = location parametric quantity T = lasting a clip Equation for the dependability: R ( T ) = e- ( ( t-I? ) /I · ) ^I? Here we have the T = 133.6 yearss Z ( T ) = I?/I ·I? ( t-I? ) I?-1 Z ( T ) = ( 1.8/ ( 600 ) 1.8 ) A- ( 133.6-60 ) 1.8-1 Z ( T ) = 0.2/year Equation for the dependability: R ( T ) = e- ( ( t-I? ) /I · ) ^I? = 0.996 So dependability for scouring unit R ( T ) = 0.996 Dependability of pump: Failure rate of pump ( I » ) = 13A-10-6hours Dependability of pump R ( T ) = e-I »t Surviving clip t = 70 yearss One twenty-four hours = 24 hours Surviving clip T = 1680 hours Dependability of pump R ( T ) = e-I »t = vitamin E ( -13A-10^-6A-1680 ) Dependability of pump R ( T ) = 0.978 Dependability of the complete system over twelvemonth R ( T ) = norm of system parts dependability = ( 0.995+0.948+0.996+0.978 ) /4 = 0.979 Therefore dependability of the complete system over twelvemonth = 0.979 Mentions: [ 1 ] Plant dependability and maintainability, assignment inquiry paper, faculty ( CPE6250 ) held on November 30 to December 3 2009. [ 2 ] Frank P. Lees, 1996, Loss bar in the procedure industries, 2nd edition, volume 3. [ 3 ] Cris Whetton, ility technology. Failure information analysis. [ Lecture press release ] .from works dependability and maintainability, faculty ( CPE6250 ) held on November 30 to December 3 2009. 2c ) To accomplish a mark dependability of 0.90 over one twelvemonth: Reliability mark is a nothing failure mark. This is an of import mark implied for those low acting workss, such workss does non accomplish certain ends designed by applied scientists. So we have to put appropriate mark to accomplish works design. the dependability of the system must be improved to accomplish the mark. to accomplish the dependability mark or to better dependability three basic ways must be employed. By system design By component specification By preventative care By system design: – The basic regulation of our system design is to maintain the design has simple as possible. the system is more dependable if the system is simple. Some of the stairss include, System simplification: To cut down the complexnesss in procedure works at the design phase its ego Decrease in the usage of Complex parts by replacing them with more cardinal parts The design should be made simple and easy to under base Decrease in constituent count: The figure of constituents used in the works must be reduced. complex constituents must be avoided for the simpleness of the design. Mistake tolerance: The basic features of mistake tolerance require: No individual point of failure No individual point of repair- the system must run without any break during the procedure of fix when the system experiences any jobs. Mistake isolation to the neglecting component- in instance of failures the failed portion of the system must be isolated from the pained system. This requires necessary failure sensing mechanism. Fault containment to forestall extension of the failure Handiness of reversion modes- some failures may do cripples to the full system, to avoid the full procedure system must force to the safe manner By component specification: For the dependability of a constituent it must be adequately specified for their full length of service. Extra dependability can be provided by runing the constituents at lower emphasis so their operating emphasiss. By making so early failures of the constituents can be reduced. in a procedure industry it is really hard to better dependability merely by specification. This is attributed to the deficit of necessary informations sing the affect of emphasiss on the constituents. Components of high quality can non be used ever for economic grounds. Normally the parametric quantities required to better dependability frequently contradict with procedure demands. Some of the dependability betterments include: Use of disciplinary maintenance- it is defined as the care which is required to mend and convey merchandise after the fix is carried out. it is carried out in constituents who is failures does n’t impact of the overall working of the procedure system significantly. This activity chiefly involves fix, Restoration or replacing of constituents. Design improvement-the design of any high quality procedure works is based on the design parametric quantities and proficient specifications. the reactor design must be improved for high rates of efficiency. Temperature, force per unit area and other external considerations must be included in the design of reactor and storage armored combat vehicles. Quality control-Quality control assures conformity to specifications. quality control checks whether measurings of the constituents like reactors, storage armored combat vehicle, scrub units as in this instance conform to the demands. Preventive care: Is defined as a care carried out to forestall failure or warring out of constituents in the procedure works. This is carried out by supplying systematic review, sensing and bar of inchoate failure. The preventive care attempts are aimed at continuing the utile life of equipment and avoiding premature equipment failures, minimising any impact on operational demands. In add-on to the everyday facets of cleansing, adjusting, lubricating and proving. it is carried out merely on those points where a failure would hold expensive or unacceptable effects e.g. reactors, storage armored combat vehicles, scouring units. Many of these points are besides capable to a statutory demand for review and preventative care. [ 1 ] How to cite Process Safety And Loss Prevention Plant Engineering Essay, Essay examples

Saturday, December 7, 2019

Brisbane Power Centre

Questions: 1. What are the current purchasing and inventory management processes being used by the company?2. What are the comparative advantages and disadvantages of the currently used processes?3.What supply-chain and inventory management concepts would help the company increase efficiency and reduce investment whilst maintaining adequate stock levels?4. What recommendations would you make to Ms Green with respect to restructuring the purchasing and inventory functions of the company? Answers: Introduction Brisbane outdoor Power Centre is started with 1 store now has 3 retail stores. All the stores are profitable and operate quite independently in managing their inventory and purchasing systems. As all the stores are in profits, Management did not care about the details of the operations of each store and how they are handling various operations and all the stores are operated in fairy loose and decentralized fashion with no common policies or rules. As the founding member decided to retire, branch manager of one of the store, Ms Green, overtook this business. She was not convinced with the existing way of things and wanted to make some improvements. The objective of this report is analyze the current system and sport the inefficiencies and thereby suggest or recommends approaches to improve the current system and rationalize the procurement and inventory processes of all the 3 stores. 1. Brisbane Outdoor Power Centre as evolved from a single retail lawnmower business to a full-fledged thriving group of 3 retail outlets that supplies possibly all the equipment used in gardening. Donald who is the founder of this business manages 1 store initially and then acquired the other 2 stores which are both running in profits. As the other groups are running in profits, Donald didnt interfere much in the operations of the other 2 stores and manages his own store at Mt. Gravatt. Present state is that all the 3 stores are operated independently manages their own sourcing and inventory. Each retail stores are having their own set of suppliers from which they generally purchases. As a result, it may be the case in case of the same suppliers it is approached by the 3 different purchasing departments of each of the retail store for different requirements and orders. This also means that Brisbane outdoor is making much more additional efforts in negotiation with suppliers than what is required if they could have negotiate with the suppliers collectively (Leuschner, 2013). Not only this, it may be possible that same supplier is supplying same materiel at different prices to different retail stores of Brisbane Outdoor power Centre. Thus, there could be more potential of saving the cost, which is not actually been realized. Also, Donalds style of non-interference as long as the stores are making profits have given rises to some odd sourcing and inventory management practices. Currently, different retail stores stocked products of different brands at different retail stores. This will lead to different experience for customer when they visit different stores. In case of shortages of any particular item, they will be transported from different retail stores but there was no integrated approach. The company operated in a complete decentralized fashion with each retail store stocking products of its preferable brand, buys from supplier of its own choice and kept inventory and safety stock based on its own decision and having goals and values of its own. Though this approach worked very fine earlier but as the Brisbane outdoor power is growing at a rapid rate, it becomes important for the organization to make appropriate changes in its production and inventory management system to explore further potential of cost savings and provide customers uniform experience across all of its retail stores. The inventory management system at the company was not good. The company was using the old and traditional methods of inventory management. There was not any integration between the inventory management of the three stores and each store used to have its own stocks and inventory. The three inventory managers used to have their own calculations about the stock in hand and the order to be placed. This was not a good inventory management practiced as it lead to completely different, independent and exclusive inventory management systems of three stores. 2. Advantages of Current Process Each retail store has full independent to manage its operation and hence are very agile in response as there are no approvals required for its decision making (Knoppen, Saenz, 2015). Another advantage of having decentralized purchasing and inventory management is that each store is having information about the upcoming events in their area and aware of the local factors and thus are stocking more products based on their own requirements (Chung, Talluri, Narasimhan, 2015). For instance, Ipswich store is having more range of ride-on mowers and other gardening equipment that are required for maintaining large properties and hobby farms. As each retail store is stocking products of its own chosen brands, it will help the store to customers in an effective way. Each store can independently decide which brands are selling more and liked more by its consumers and can stock the same leading to higher customer satisfaction. More control with the local management lead to more sense of ownership, which is very much required to run the retail store effectively. Also, local management is much more sensitive to the demands of its local customers and hence can be able to connect with the customer in a better way (Stadtler, 2015). Customers will feel more connected with the store. Disadvantages of Current Process There are many disadvantages of the current purchasing and inventory management systems. Few of them are as follows: One of the downside of the existing system is that each retail store is dealing with the same suppliers individually which means that it is possible that different stores have negotiated different rates with same suppliers (Rushton, Croucher, Baker, 2014). All this leads to 2 things, first there is additional effort organization is spending on buying. Second, there is potential of saving that is lost because each store is buying at different rates Each retail store is creating separate purchase order a supplier and thus unable to take the benefits of bulk discounts if all the requirements of different stores can be combines (Chopra, Sodhi, 2004). Another scenario here is that it is possible that one retail store is getting products at a very cheap price from the supplier based on his relationship while another retail is getting same materiel from different suppliers (Konur, Geunes, 2016).Different stores are having same products of different brands. This will lead to different customer experience in different stores (Jorgensen, Kort, 2002). There are incidents of over and under purchasing of materials. Also, each store is maintaining its own safety stock which lead to the higher inventory levels for the while organization. Same capital can be divested from inventory and can be invested to reap better returns (Yano, Gilbert, 2005). There will no opportunity of discounts on bulk purchases. 3. Safety Stock Reduction Currently, all the retails stores are maintaining their own inventory and safety stock. Thus, there is high level of inventory it is maintaining and there is huge scope of reduction. Brisbane Outdoor Power should maintain all the safety stock at only one of its retail stores whichever is having large area and enough space (Wisner, 2015). All the stores should be replenished from the safety stock whenever required. This will help in reducing the capital tied up in the inventory, which can be invested or used at some other place to earn greater returns. Exploit Economies of Scale Brisbane outdoor power should exploit economies of scale. Management should collect the data from the different retail stores and analyze it and identifies the different scenarios like below and the action plan for each of the scenario: Scenario 1: Different retail stores are buying from same supplier. In such cases, lowest prices paid by the store should be noted and further negotiated for bulk discounts while ordering the material for all the 3 stores. Scenario 2: Different retail stores are buying same material from different suppliers. In such cases, it should be analyzed which store is paying the least amount to the supplier, the quality of the items supplied by different suppliers, their lead time and appropriate supplier should be selected after prioritizing the needs between price, quality and delivery. In this case, also discounts can be availed on ordering bulk quantity for all the stores (Fearne, Hughes, 2013). Scenario 3: Different retail stores are buying different materials from different suppliers. In all such cases, best supplier should be identified for all the products considering various options. Using EOQ (Economic Order Quantity) for Items with Fairly Constant Demand and Very less Lead Time It can be defined the economic order quantity so as to minimize the ordering and holding costs of the inventory. If the organization orders fewer inventories, less holding costs will be incurred however it has to order quite frequently and every time incurred a ordering costs. At the same time, if it will order too much quantity, it needed space and other associated inventory holding costs. Thus, EOQ is a quantity, which is defined by minimizing the holding and ordering costs (LEv, 2013). Reorder Point Strategy for Items with High Lead Time In this strategy, automatic order is places when the quantity reaches the certain level. That certain level is defined by the safety stock and lead-time. An order will be placed when the quantity is left enough to be consumed during the lead-time and reaches threshold safety stock. According to this strategy, inventory will be replenished as soon as the level just reaches the safety stock level (Rossin, 2012). Therefore, this approach will allow storing the safety inventory but not allowing the accumulation of excess inventory in the system. 4. There are many things that can be done by Ms Green to restructure the purchasing inventory functions of the company. The company should centralize this function. It can purchase the software that can be installed in all the 3 factories and maintains the inventory levels of each of the store. The same software can be used to purchase the material from the same set of suppliers but with different ship to and bill to locations. Therefore, the purchase order will be one for all the material and but material will be delivered at different stores. This helps the organization to take advantage of discounts using bulk quantity (Sridharan, 2013). If some items are in demand in particular store, then it can be delivered at same store. The best approach here is to keep the safety stock inventory at 1 store only and not at all the stores. And regular supplies should me order by common Purchase order at all stores. There are much Software like Xero, QuickBooks online and MYOB that offers software services on the cloud and charges based on the usage basis (Ma, 2015). At this time, there is definitely requirement of software to manage the operations effectively and this software provides value of money. Brisbane power does not have to invest in infrastructure and consulting fees to use this software on cloud. Once it grows and expands, it considers to use the full fledge ERP systems like Microsoft dynamics. Conclusion To conclude, Brisbane outdoor power centre new management has spotted very valid observations in the current system that all the stores are having very unconnected purchasing and inventory systems and operates quite independently. It could be possible that all the 3 stores are negotiating separately with same suppliers and paying different rates. This report suggested several measures to improve the system like centralizing the purchasing function using software. This will increase the visibility of the material at all the stores as well as help organization to save money on bulk orders. References Chopra, S., Sodhi, M. S. (2004). Managing risk to avoid supply-chain breakdown.MIT Sloan management review,46(1), 53. Chung, W., Talluri, S., Narasimhan, R. (2015). Optimal pricing and inventory strategies with multiple price markdowns over time.European Journal of Operational Research,243(1), 130-141. Fearne, A., Hughes, D. (2013). Success factors in the fresh produce supply chain.British food journal. Jrgensen, S., Kort, P. M. (2002). Optimal pricing and inventory policies: Centralized and decentralized decision making.European Journal of Operational Research,138(3), 578-600. Knoppen, D., Senz, M. J. (2015). Purchasing: Can we bridge the gap between strategy and daily reality?.Business Horizons,58(1), 123-133. Konur, D., Geunes, J. (2016). Supplier wholesale pricing for a retail chain: Implications of centralized vs. decentralized retailing and procurement under quantity competition.Omega. Leuschner, R., Rogers, D. S., Charvet, F. F. (2013). A Metaà ¢Ã¢â€š ¬Ã‚ Analysis of Supply Chain Integration and Firm Performance.Journal of Supply Chain Management,49(2), 34-57. Lev, B. (2013). Economic Order Quantity Model Extensions.Encyclopedia of Operations Research and Management Science, 464-466. Ma, X. (2015). The adoption of cloud computing for small and medium accounting firms. Rossin, D. (2012). Push-Pull Boundary Location, Information Quality, and Supply Chain Performance: An Exploratory Analysis.Journal of Global Business Issues,6(1), 7. Rushton, A., Croucher, P., Baker, P. (2014).The handbook of logistics and distribution management: Understanding the supply chain. Kogan Page Publishers. Sridharan, R., Simatupang, T. M. (2013). Power and trust in supply chain collaboration.International Journal of Value Chain Management,7(1), 76-96. Stadtler, H. (2015). Supply chain management: An overview. InSupply chain management and advanced planning(pp. 3-28). Springer Berlin Heidelberg. Wisner, J., Tan, K. C., Leong, G. (2015).Principles of supply chain management: a balanced approach. Cengage Learning. Yano, C. A., Gilbert, S. M. (2005). Coordinated pricing and production/procurement decisions: A review. InManaging Business Interfaces(pp. 65-103). Springer US.

Saturday, November 30, 2019

Verizon Strategic Analysis Essay Example

Verizon Strategic Analysis Paper Verizon Mission Statement With the use of pro-formal balance and income statements, detailed ratio analysis and industry trend tracking we hope o increase share holder wealth while expanding our market share and bringing innovative new products to the consumer. B. Existing Mission Our Nilsson at Verizon Is simple, to be the best and only choice for consumer telecommunication needs. C. Existing Objectives Big changes are happening in the way people communicate, as innovative technologies reshape consumer behavior around convenience, ease of use and instant gratification. With wireless phones, e-mail, instant messaging and the Internet, customers have a range of choices for connecting to people and information. The changes in technology are affecting more than Just phone calls and ext messages. For example, you no longer have to Walt days to mail pictures of your vacation to friends and family you can now share your experiences Immediately using a camera phone or a broadband computer connection. The twin phenomena of increased mobility and broadband availability are restructuring industries and transforming our society. Nearly two-thirds of all American homes now subscribe to both wireless and hireling services, and wireless calls now outnumber calls from traditional hireling telephones. As a measure of the popularity of camera phones, Verizon Wireless customers sent or received more than 30 million stricture messages in just the last three months of 2004. Finally, online usage has grown significantly in the last few years, as 70 percent of U. S. Households now have access to the Internet, and over one-third of those homes are served with a broadband connection. As Americas broadband appetite increases, so too will the sophistication of a new generation of digital devices. Soon, the ability to communicate will be embedded in most electronic devices and will become an essential part of major home appliances. We will write a custom essay sample on Verizon Strategic Analysis specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Verizon Strategic Analysis specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Verizon Strategic Analysis specifically for you FOR ONLY $16.38 $13.9/page Hire Writer To meet these escalating demands for communication, Verizons new wireless and fleer broadband technologies have the o provoke our customers Walt all ten Downtown n teeny wall need Tort years to come. As new high-capacity applications continue to become an integral part of our daily lives, Verizons premier communications services will deliver the speed, mobility and control our customers need to stay connected. By providing these services, we enable our customers to enjoy the rich communications experiences made possible by converging technologies. D. Existing Strategies Revenue Growth Our emphasis is on revenue transformation, devoting more resources from traditional services, where we have been experiencing access line shoes, to the higher growth markets such as wireless, hireling broadband, including digital subscriber lines (DSL) and fiber optics to the home (Verizons Bios product), long distance and other data services as well as expanded services to enterprise markets. In 2004, revenues from these growth areas increased by 20% compared to 2003 and represent 53% of our total revenues, up from 47% of total revenues in 2003 and 43% in 2002. Verizon reported consolidated revenue growth of 5. 7% in 2004 compared to 2003, led by 23. 0% higher revenue at Domestic Wireless and 7. 4% total data revenue growth at Domestic Telecoms. Verizon added 6,294,000 wireless customers, 1,240,000 DSL lines, 2,337,000 long distance lines and more than 750 Enterprise Advance sales in 2004, meeting its revenue objective of $250 million. Operational Efficiency While focusing resources on growth markets, we are continually challenging our management team to lower expenses, particularly through technology-assisted productivity improvements. The effect of these and other efforts, such as the 2003 labor agreements and voluntary separation plans, has been to significantly change the companys cost structure. At December 31 , 2002, Verizon had 226,000 employees compared to 202,000 at December 31 , 2003. Domestic Telecoms salary and benefits expenses declined by approximately $1 billion in 2004 compared to 2003 as a result of the voluntary separation plans. Workforce levels in 2004 increased to 210,000, driven by wireless and hireling broadband growth markets. Capital Allocation Verizons capital spending continues to be directed toward growth markets. High-speed wireless data (EVADE), replacement of copper access lines with fiber optics to the home, as well as voice over the Internet (Poi) and expanded services to enterprise markets are examples of areas of capital pending in support of these growth markets. In 2004, approximately $900 million of capital spending at Domestic Telecoms was reallocated from traditional products to growth products. Cash Flow Generation The financial statements reflect the emphasis of management on not only directing resources to growth markets, but also using cash provided by our operating and investing activities for the repayment of debt in addition to providing a stable dividend to our shareowner. At December 31 , 2004, Verizons total debt was $39,267 million, a decrease of $6,113 million from $45380 million at December 31, 2003. Recommended Mission and Vision Statement Verizon Communications Inc. NYSE:VS.), a DOD 30 company, is a leader in delivering broadband and other wire line and wireless communication innovations to mass market, business, government and wholesale customers. At Verizon innovation and being on the forefront of technological advancements insures Verizon Wireless operates Americas most reload wheelers network. Verizon Business operates one AT the most expansive, wholly-owned, global IP networks. Verizon Telecoms is deploying the nations most advanced fiber-optic network to deliver the benefits of converged ammunitions, information and entertainment services to customers. Based in New York, Verizon has a diverse workforce of more than 252,000 highly trained and dedicated employees. The Verizon commitment is to put our customers first by providing excellent service and great communications experiences. This is what we do and this is why we exist. By focusing on our customers and being a responsible member of our communities, we produce a solid return for our shareowner, create meaningful work for ourselves and provide something of lasting value for society. As a result, Verizon is recognized as a great company. In order to keep this commitment, we always honor our core values. Integrity is at the heart of everything we do. We are honest, ethical and upfront because trust is at the foundation of our relationships with our customers, our communities, our stakeholders and each other. We know it is critical that we respect everyone at every level of our business. We champion diversity, embrace individuality and listen carefully when others speak. We hold ourselves to a very high standard of performance. We prize innovative ideas and the teamwork it takes to make them realities.

Tuesday, November 26, 2019

The Relationships Between Cost Management and Quality Management

The Relationships Between Cost Management and Quality Management The Relationships Between Cost Management and Quality ManagementThe relationships between cost management and quality management are an interesting one. Everyone in this world is a consumer of some sort. We all buy things and we all want only the best products for the best price. But, where is the line to be drawn for how much do we pay for quality? Most competitive companies have goals to put out the best product for the best price. They have many different slogans such as "quality is #1" or "customer service is #1." But how much should a company spend on quality before it starts to cut into profit.Quality ManagementQuality management is one of the hardest jobs of a manager to control. The goal behind good quality management is improving business processes, optimizing the performance of your business, and maximizing profitability. By definition, quality is a degree of excellence, superiority in kind.English: Quality management. Franà §ais : Managemen...(Mish p. 963) And management is defined as the conducting or supervising of something. (Mish p. 722) This leads us to the definition of quality management being the supervising of a degree of excellence. Most companies aim to achieve a certain degree of excellence without going over budget. Many managers out there feel that being overly intricate in their quality inspections is a good way to be a manager. However, after the first few times an employee has completed the same task there should be an understanding by the employee as how to handle their job correctly. If a manager becomes too involved in the processes in production, they begin to lose their management appeal and start to become a production employee. Many companies, such as the producer of tiny microchips, Sawtek in Orlando, FL, have a specific position for quality checks. Once the product is at...

Friday, November 22, 2019

An Introduction To DNA

An Introduction To DNA DNA (deoxyribonucleic acid) is the genetic material of eve living organisms including some viruses. It is a dimer consists of two strands that immerse upon each other and appear as a double helix that are linked together covalently with each other. Each strand is made up of similar repeating units called nucleotides. Each nucleotide composed of three different moieties,a 2-deoxyribose sugar,a phosphate group and a nitrogenous base. 1.1.1 2-Deoxyribose sugar The 2-deoxyribose sugar, a major structural component of DNA is a cyclic molecule .The sugars are joined together by phosphate groups that form phosphodiester bonds between third and fifth carbon atoms of adjacent sugar rings.The 5†² carbon of deoxyribose sugar is attached to the 3†² carbon of the next, and make a network of 3†² carbon and 5†² carbon.5’end of a DNA molecule is characterized by a free phosphate (P) group and the 3†² end is characterized by a free hydroxyl (OH) group. It lacks an hyd roxyl group at the 2 position as in a ribose therefore a sugar moiety is a 2-deoxyribose. Two free hydroxyl groups are also located on the 5 carbon and 3-carbon of 2-deoxyribose sugar.These hydroxyl groups give a DNA oligomer its designation of 5 and the 3 end(usually accent as â€Å"three prime end† and â€Å"five prime end†). 1.1.2 Sugar-Phosphate backbone The 2-deoxyribose sugar and a phosphate group forms the backbone in the DNA which are highly polar and defines directionality of the molecule. The polar hydrophilic back- bone is surrounded by a core of hydrophobic bases and is important for the stability and structure of DNA. The phosphate groups have a negative charge that gives a concentra- tion of negative charge on the backbone of DNA and also makes DNA,a negatively charge 5 1 Fundamentals molecule. The charge is also neutralised by DNA-binding proteins that contain the pos- itively charged amino acids lysine and arginine, which are attracted to the negatively charged phosphate backbone. See Fig. 1.1. Figure 1.1: DNA backbone 1.1.3 Nucleic acid bases DNA contain four different nitrogenous bases that make monomer of one nucleotide different from other. These bases are adenine (A), thymine (T), cytosine (C), and gua- nine(G). The bases come in two categories pyrimidines and purines. Larger nucleic acids adenine and guanine are members of a class of doubly ringed structures called purines while the smaller nucleic acids cytosine and thymine are members of a class of singly- ringed chemical structures called pyrimidines .A six-membered ring with two-nitrogen molecule formed a pyrimidine structure whereas purine is produced by a nine-membered, ring with four- nitrogen molecule. Each unit of the ring constructing the base is numbered to for specific identification. They are arranged in a particular order along the backbone of DNA to make a long chain of varying sequence that contains the code for proteins.The sequence specifies the exact genet ic instructions required to create a particular organism with its own unique traits. 6 1 Fundamentals 1.1.4 Base Pairing in DNA The nitrogenous bases are responsible to form double-strand of DNA in consequence of weak hydrogen bonds and have specific shapes and hydrogen bond properties. The three hydrogen bonds form between guanine and cytosine and then denoted as G.C or C.G,depending on which is associated with the first strand. Similarly adenine and thymine also bond exclusively by pairing of two hydrogen bonds and then denoted as A.T or T.A. This coupling up of nitrogen bases termed as complementarity.,A hydrogen bond donor need an equivalent hydrogen bond acceptor to form a hydrogen bond in the base across from it. Purines are only complementary with pyrimidines because molecules in pyrimidine-pyrimidine pairings are very far from each other that doesn’t makes the hydrogen bonding to be established. Purine-purine pairing are energetically unfavourable because the molecule s are too close and create an electrostatic repulsion. The only possible pairings are GT and AC. Primary and secondary amine groups or hydroxyl groups are common hydrogen bond donar while carbonyl and tertiary amines are common hydrogen bond acceptor groups. There are two hydrogen bonds between an A:T base pair. One hydrogen bond lie between the 6†² primary amine of adenine and the 4†² carbonyl of thymine. The other hydrogen bond form between the 1†² tertiary amine of adenine and the 2†² secondary amine of thymine. On the other hand,G:C base pair has three hydrogen bonds. One hydrogen bond lie between guanine with its 6†² hydrogen bond accepting carbonyl and cytosine having 4†² hydrogen bond accepting primary amine. The second hydrogen bond also formed between guanine on 1†² secondary amine and cytosine 3†² tertiary amine and the third formed between the 2†² primary amine on guanine and the 2†² carbonyl on cytosine.

Wednesday, November 20, 2019

Creative and innovative management Assignment Example | Topics and Well Written Essays - 7000 words

Creative and innovative management - Assignment Example Innovation changes knowledge, creativity and ideas into extraordinary value and competitive gain. Creative and innovation always makes an organisation to differentiate itself from its competitors. For instance, innovation or creativity need not always results in a new service or a new product. By adopting an innovative techniques, Rent-a-car, a leading rental car operator in USA is able to differentiate itself from its competitors like Avis, Hertz, National and Budget. Facing a stiff competition from the above competitors, Rent-a-Car is able to vie its competitors through introducing an innovation in its business channel, model and customer experience by emphasising on a differential user need where a customer can drive a car by himself when his car is under repair. Rent-a-car established a channel with vast network of both the neighbourhood and local offices and banked upon a unique business model where insurance companies will be paying the major share of the rentals. This innovati ve business strategy facilitated the customer to hire a car and drive by himself for any purpose ending in a diverse customer experience. The outcome was that these innovative strategies enhanced the revenue of Enterprise Rent-a-Car company annual revenue from just $1 billion in 1995 to $11.9 billions revenue in 2013 thereby pushing down the earlier market leader Hertz far behind it. Bill Gates , the founder of the Microsoft Inc, employed creativity , ingenuity , enthusiasm and long-term vision for personal computing, which has pushed Microsoft to advance sustainably and to enhance the available software technology and made strong efforts to make the personal computer cost-effective , less cumbersome and more convenience for the people to use. Microsoft’s revenue stood at $86,833 millions in 2014 and $ 77,849 millions in 2013. Bill Gates initially started his career

Tuesday, November 19, 2019

The Importance of Law Enforcement Article Example | Topics and Well Written Essays - 750 words

The Importance of Law Enforcement - Article Example As quoted by Schuster (2007) from the American Judicature Society, â€Å"misidentification by the eyewitness was the leading cause of wrongful conviction in more than 75% of the first 183 DNA exonerations in the United States†. From this statement, questions arise on the effectiveness of the methods used by the police in letting the eyewitness identify suspects from photographic and live lineups that are commonly used in the US police departments. There are two kinds of lineups: simultaneous and sequential. In a simultaneous lineup, the eyewitness views all the people or photos at the same time, while in a consequential lineup, people or photographs are presented to the witness one at a time. Both lineups have their disadvantages. In the simultaneous lineup, most preferred by law enforcers, Schuster (2007) quoted that witnesses use â€Å"relative judgment† rather than their memory. This means that they just compare the lineups with each other and choose the one that closely resembles the perpetrator. This becomes a problem most especially when the perpetrator is not present in the lineup because the eyewitness can just pick anyone that closely resembles the perpetrator. In a consequential line-up, on the other hand, a decision should be made about the current lineup before moving to the next. As such, the eyewitness oftentimes relies on the use of â€Å"absolute judgment† in which witnesses compare each lineup on what he or she thinks the offender looks like. Aside from the disadvantages, Schuster (2007) also quoted variables that can affect the outcome of police lineups. These are the pre-lineup instructions given to the witness, the physical characteristics of the fillers, similarities or differences between the witness’ and suspect’s age, race, or ethnicity, and incident characteristics such as the use of force or weapons.

Saturday, November 16, 2019

Personal experience at Real Estate Development and Investment Essay Example for Free

Personal experience at Real Estate Development and Investment Essay It was either to be a blessing or cursing. I had just come from the university as a fresh graduate. Job insecurity is a thing that sends chills of tremor down the spine of each graduate. Thank goodness this never happened with me but a new challenge was ahead. The firm which I was operating was quite meticulous in its activities; was I to be their down fall as an omen of failure. No certainly I must work breath out of me to sustain or even improve if there was anything to improve. The workplace was the carrot to reward my personal and professional development or a cane to spank my etiquettes. This was what I was up to when I joined the Real Estate Development and Investment, in Chicago. In customer care office, there were new and old problems which were brought to our attention by the clients. This is when I recognized the question which was posed to me during the interview. The question was what I would do if the length of my tie varies interchangeably during the course of wearing it. Certainly here I was dealing with two anti-parallel problems brought forward by the clients. There were those who wanted new residential houses while there were those in pursuit of selling their houses. With time, I believed that my solid performance would improve. I remember the day a client came complaining we have delayed to find a potential buyer of her house. The lady was pugnant and cantankerous in her behavior. Not a single answer she would hear. I was perplexed because I was new and such an answer would only be averting from attending her problems. Certainly, customers are kings and should be attended to regardless on who first dealt with him/her. After all will s/he have to go home and wait till who attended him/her come? No this would be suicidal to the business. So here I was juxtaposed between a rock and a hard place. The information which I had acquainted myself with was the only arrow in the quiver. Now I had to give an answer for unfamiliar situations and conclusion on the problem raised by the client. To start with I answered that there was already a willing buyer but what he was offering was meager amount and thus we never saw the need to inform her. This was after realizing from her pass that the lady came from California. It was plausible that the house was in Chicago and not California and apparently the cheapest house was selling at $ 210,000. Therefore, by excusing the house was bargained at $ 110,000, the lady will accept that certainly this was cheap and not worth to inform her of such a buyer. Luckily, it turned that what I had said was the case although I had not dome an empirical enquiry on what had happened. Form this is learnt that it’s appropriate to give wrong information than no answer to the client as it would appear rude. Barely a week was not over and there was a crisis. The manager who assisted me to secure the placement at Real Estate Investment Development was linked to a corruption scandal in the organization. So bad for those were affiliated to him. The company decided to pay them prior to sacking them. I merely escaped the crack of whip which was lashing over the innocent and those assumed to be guilty. It was a hectic time trying to convince the management that I was not involved in the graft. Were it not for the quality work that I was delivering to the customers, I would have disappeared together with the rest. The customers complained bitterly of losing an agile and kindhearted official. Besides, everything I did was in accordance to the stipulated rules of the company. Other worker also considered me friendly and my latency was shown through teamwork. Jackson, whenever we meet considers that I came to replace him; therefore it was better not to have considered my request. However, we find ourselves laughing at the idea it was like a substitution reaction which we had earlier learnt in organic chemistry. The firm was behaving like alkanes; it functions by substituting what it previously had. The week days were exceptionally busy for me. I had to equip myself with the current changes in business trends. Changes that are inevitably setting in with advent of technologies were eyesore to the conservatives but an impetus to the radical. At lunch break, fifteen minutes I would spare to browse in the internet and peruse on books so as to keep abreast with changes taking place. My food I would take as if I was in a food eating competition. Two to three spoons were enough to summarize the heap of food lying before me. It was quite symbolical that for any firm to succeed must seize the opportunities as they come just as I was gulping at the food. In the afternoon long queues of people I would find awaiting me as if I was God and on mission to rescue them from Satan. In this case the Satan was financial issues. It was crystal clear that less time was required for each client and at the same time ensuring that a comprehensive and satisfactory answer is given. Most clients were eager to know the factors which they should put into consideration while investing in real estates. Though the factors appear to be obvious, I had to put them in a way they appear new to the client’s ear. To start with, I would give a preamble of what a good investment would include while enlisting the factors to consider. Through this short encounter with customers, there was what I would call ‘resonance transfer of information’. I would make sure the client and I resonate at the same frequency and phase. Anything beyond my scope I would simply seek the information over it for the customers. Real Estate Investment Development was like the components of the table salt how they complement each other. During the course of my internship, I was also experienced the leadership vacuum which arose after summary dismissal of my friend. Jackson even though he had a lot of wiles which led him to rub the management the wrong side; he had the potential to handle any difficulties which emerged. For example, there was no one who was directly responsible for the transactions of the business. The Real Investment Development was using other firms to do their advertisement and the profit leapt was divided according to the proportion of their contribution. The number of new customers dwindled since they feared joining a corporation where you don’t know who is really in control. Collective responsibility cannot fully be trusted since there vices such as sabotage still exist. Attempts to increase the number of directors only increased the cost of management and had little change if any. At Real Estate Investment Development, the number of ladies was more than the number of gentlemen. This though was not meant to be a problem turned out to be a problem. A competition arose among the ladies over men. The dressing code was the most affected. The skirts were shortened by quite a large number. Some were the length of a bow-tie and others were as transparent as a crystal. As if this was not the only problem, the shoes were irritating to the ears as they tried to attract the attention of the men. It was a wake up call of sort, trying to wake men from the cocoon of fleeing form ladies for lack of wooing words. The administration tried to address the problem of Lorita but this never changed the situation. Moreover, the number of absentees increased due to feministic issues which are inevitable. At first I thought the problem was not to affect me. My belief is that a seed needs decomposing materials to germinate. In this case, I was the germinating seed and the ladies the decomposing materials. In the office I was located at the corner at the desk and a lady was located opposite to my desk. This is where the drama started. The way she sat was embarrassing. Thighs ajar and a finger placidly put between the slit on her skimpy dress. This sometimes made my brain go blank as I found myself carried into nitty gritty of even knowing the weekly series of her knickers. This lass was quite provocative besides teasing her wanton eyes and leg theatrics as a seductress lady. At one time she made the boss to suspect there was a beef as she was mostly found reeling on my desk with her merely chest protruding forward. The last experience which I cannot forget was the amount of work. The work was quite exhausting. The number of clients attended to were quite many and the number of staff was a few. All days we were busy searching from the internet for information, replying some emails from clients or discussing with the clients in the office. Within a month my weigh had decreased by two kilograms the exact figure stipulated by physician for the AIDS sufferers. In fact I had to be examined to know my status.

Thursday, November 14, 2019

Diversity in the Newsroom Essay -- Journalism Ethics

Ethics in Journalism: Diversity in newsrooms not a trend in the new millennium My interest in the lack of diversity in newsrooms across the United States began while I was enrolled in an ethics course in the journalism department, this semester. I hadn’t realized until this semester that diversity was integral to good, accurate, and fair reporting, and that it is also widely lacking in newsrooms. While the subject of diversity was only discussed over a few class sessions, it became a noticeably important issue for me, especially as I am an aspiring journalist. As a top editor at the Massachusetts Daily Collegian, a student-run newspaper at the University of Massachusetts that has almost no minority representation in the newsroom, I’m realizing that the problem is increasingly important, yet increasingly ignored. Diversity in the newsroom is an important issue in corporate-owned newspapers, private-owned newspapers, and at university and college newspapers. Statistics show that diversity in newsrooms is especially low for the years proceeding 2006, and, in some cases, is declining. Similarly, while many editors endorse diversity and believe that a representative newsroom provides fair and accurate reporting, statistics show that diversity is not an important priority for newsrooms. Though many newspapers are working towards diversity goals, the minimal progress that is being made in some places is especially slow, and not enough newspapers are taking part. The percentage of diversity representation in the newsroom has an effect on credibility. Without a significant representation of reporters who come from diverse backgrounds equal to the percentage of minority readers, information and content have a Page 2 2... ... Nov 2006. (copied in ethics class course pack). Heyboer, Kelly. â€Å"Losing Ground.† American Journalism Review. 2001 June. p. 43 (copied in ethics class course pack). â€Å"The Lackluster Racial Record of University Student Newspapers.† Journal of Blacks in Higher Education. No. 2 (Winter 1993), p. 28. JSTOR. 28 Nov 2006. http://links.jstor.org/sici?sici=10773711%28199324%2F199424%290%3A2%3C28% 3ATLRROU%3E2.0.CO%3B2-1> Hold the Presses! Blacks Now Making Gains on Editorial Boards of Student Newspapers. The Journal of Blacks in Higher Education, No. 18 (Winter, 1997-1998), pp. 33-34. JSTOR. 29 Nov 2006. 3711%28199724%2F199824%290%3A18%3C33%3AHTPBNM%3E2.0.CO%3B2- 8> Tobar, Hector. â€Å"Attempting to Bridge the Divide.† Nieman Reports. Fall 2006. Diversity in the Newsroom Essay -- Journalism Ethics Ethics in Journalism: Diversity in newsrooms not a trend in the new millennium My interest in the lack of diversity in newsrooms across the United States began while I was enrolled in an ethics course in the journalism department, this semester. I hadn’t realized until this semester that diversity was integral to good, accurate, and fair reporting, and that it is also widely lacking in newsrooms. While the subject of diversity was only discussed over a few class sessions, it became a noticeably important issue for me, especially as I am an aspiring journalist. As a top editor at the Massachusetts Daily Collegian, a student-run newspaper at the University of Massachusetts that has almost no minority representation in the newsroom, I’m realizing that the problem is increasingly important, yet increasingly ignored. Diversity in the newsroom is an important issue in corporate-owned newspapers, private-owned newspapers, and at university and college newspapers. Statistics show that diversity in newsrooms is especially low for the years proceeding 2006, and, in some cases, is declining. Similarly, while many editors endorse diversity and believe that a representative newsroom provides fair and accurate reporting, statistics show that diversity is not an important priority for newsrooms. Though many newspapers are working towards diversity goals, the minimal progress that is being made in some places is especially slow, and not enough newspapers are taking part. The percentage of diversity representation in the newsroom has an effect on credibility. Without a significant representation of reporters who come from diverse backgrounds equal to the percentage of minority readers, information and content have a Page 2 2... ... Nov 2006. (copied in ethics class course pack). Heyboer, Kelly. â€Å"Losing Ground.† American Journalism Review. 2001 June. p. 43 (copied in ethics class course pack). â€Å"The Lackluster Racial Record of University Student Newspapers.† Journal of Blacks in Higher Education. No. 2 (Winter 1993), p. 28. JSTOR. 28 Nov 2006. http://links.jstor.org/sici?sici=10773711%28199324%2F199424%290%3A2%3C28% 3ATLRROU%3E2.0.CO%3B2-1> Hold the Presses! Blacks Now Making Gains on Editorial Boards of Student Newspapers. The Journal of Blacks in Higher Education, No. 18 (Winter, 1997-1998), pp. 33-34. JSTOR. 29 Nov 2006. 3711%28199724%2F199824%290%3A18%3C33%3AHTPBNM%3E2.0.CO%3B2- 8> Tobar, Hector. â€Å"Attempting to Bridge the Divide.† Nieman Reports. Fall 2006.

Monday, November 11, 2019

Pom Omo Unilever

HANOI UNIVERSITYFACULTY OF MANAGEMENT AND TOURISMPRINCIPLE OF MARKETING REPORTOMO – UNILEVER VIETNAMTutor: Ph? m Th? Phu? ngStudents: Khuong Du KimTr? n Th? H? ng NgaD? Qu? nh TrangHoang Thanh LoanTutorial: Tut 5 – Second MajorHanoi, May 2012| PRINCIPLE OF MARKETING REPORT Subject: Principles of Marketing Tutorial: 5 – Second Major Tutor: Ph? m Th? Phu? ng Group members: 1. Khuong Du Kim- ID 0907010110 2. Tr? n Th? H? ng Nga- ID 0907010161 3. Hoang Thanh Loan – ID 0807010102 4. D? Qu? nh Trang- ID 0907010232 Date of submission: May 4th, 2012 TABLE OF CONTENTS Executive summary4 I.Introduction5 II. Situation analysis5 1. Company analysis5 1. 1 Mission statement5 1. 2 Company objective6 2. Environmental analysis7 2. 1 Economic factor7 2. 2 Demographic factor7 2. 3 Cultural factor7 2. 4 Technological factor8 2. 5 Political factor8 2. 6 Natural factor8 3. Competitive analysis8 4. Customer analysis12 4. 1 Geographic segmentation12 4. 2 Demographic segmentation1 2 4. 3 Behavioral segmentation12 4. 4 Psychographic segmentation12 5. Brand analysis13 5. 1 Brand’s current performance 13 5. 2 The current marketing strategy using framework 4 Ps13 6. SWOT analysis16 6. 1 Strengths16 . 2 Weaknesses18 6. 3 Opportunities19 6. 4 Threats19 III. Conclusion20 REFERENCES21 Executive summary In recent years, the surprising growth of economy along with the involvement of Vietnam into WTO has brought many opportunities for the purchase, sale and exchange of goods and services. Therefore, the company’s success mostly depends on how it carries out the business to utilize these advantages effectively. OMO is a highly aware washing powder product of Unilever Vietnam Joint Venture Company (formerly Lever Vietnam) – a joint venture specializing in Home and Personal Care brands.Since the commencement of Unilever’s operation in Vietnam in 1995, Unilever Vietnam has successfully grown to become a leading fast-moving consumer goods company in the local market This report presents the industry and competition analysis of the OMO product and shows the strong and weak features of the Unilever Vietnam to find out the suitable way coping with the current situation by suggesting some recommendations. In the main analysis, first, this report indicates the overview about the company operations. Next, it describes the macro environment trend that affects the market and the company’s competitors.Then, the customer segments and brand are analyzed, followed by the SWOT analysis. Finally, some recommendations are given for the company. OMO has become one of the detergent-leading brands in Vietnam market, but the competition will never stop there. Therefore, this research is essential to maintain the position of the OMO market as well as to help Government design better policies that aim to create a better environment where local business can play a greater role in the development of the society and economy of Vietnam. I. IN TRODUCTIONVietnam’s involvement in WTO has brought in many good results in every aspect of life, especially in the economy. In recent years, Vietnamese businesses have became more interested in and made better use of the big opportunities which WTO brought them. On top of that, there is a growing concern about the purchase, sale and exchange of goods and services. How to facilitate Vietnamese consumers in doing the shopping, supply them with better choices, better goods and better prices is always the deep preoccupation of Vietnamese companies.OMO is a highly aware washing powder product of Unilever Vietnam Joint Venture Company (formerly Lever Vietnam) – a joint venture specializing in Home and Personal Care brands. According to the recently issued report by the Central Institute for Economic Management (CIEM), by 2007, UVN ranks the 27th largest business in Vietnam and the largest in the Fast Moving Consumer Goods (FMCG) sector. Unilever Vietnam is a long-term invest or, who has been deeply rooted in the economy, having strong forward and backward linkages and, by and large, serving domestic consumers. This drives us to conduct research about this product.The economy of Vietnam is gradually growing that enables people enjoy higher living standard. Higher living conditions demand higher quality products. As the world changes so the business must change to meet new consumer needs. It is inevitable that washing power is very a necessary consumer product in almost households. OMO has been partially met customer expectations for their quality products. Now this product has formed its brand equity on the market in both domestic and international market. This study attempts to make a deeper understanding about the OMO product in terms of the current arket, the marketing environment, the organization, the customers, and the competitors – all of which influence the development of the OMO marketing plan. Furthermore, it is conducted to find out the actual situation of customer and the situation of the company. Through this study, the advantages, disadvantages and the competition of the OMO product was clearly highlighted II. SITUATION ANALYSIS 1. COMPANY ANALYSIS 1. 1. Mission Statement Attracting and building long lasting relationship with customers through effective communication is what the OMO product has been doing.It brings the wealth of knowledge and international expertise to the service of local consumers. Its mission is to add continuously vitality to the quality of life of consumers. OMO meets every day needs for hygiene and personal care with brands that help people feel good, look good and get more out of life. Its long term success requires a total commitment to exceptional standards of performance and productivity, to working together effectively, and to a willingness to embrace new ideas and learn continuously.This is its road to sustainable, profitable growth, creating long-term value for our shareholders, ou r people, and our business partners. 1. 2. Company objectives a. Financial In order to achieve the good result for the future development and the mission of maximizing profit, pursuing a business growth strategy, year after year, OMO aggressively pursues the long term profitability and growth objective with the goal of gaining positive financial performance, specifically: * Earn an annual rate of return of at least 30% over the next 12 months. Produce net profits (before interest and tax) of 250 billion VND in 2013. b. Marketing objectives In the long run for the next 12 months, our company aims at becoming a market share leadership in the field of detergent powder. Specifically, the objective is to gain a market share of 68% of the domestic market. In order to reach this target, we have to: * Achieve total sales revenue of 900 billion VND in 2011, which represents a 28% increase. Therefore, achieve a unit sale volume of 800 million products. Increase product awareness of OMO brand among target audience to 98% over the planning period. * Inform target audience about features and benefits of our product and its competitive advantage, leading to a 10 percent increase in sales in one year. * Enter the higher-income segment of the 30 to 35 year old market with internet services and ordering capability. * Enlarge our distribution network by 200% by the next 12 months. * Aim for an average price of 28,000 VND per kilo in the long run. * Increase loyalty among current customer Increase customer satisfaction and relationships 2. ENVIRONMENTAL ANALYSIS 2. 1. Economic factor As the national living standard improves, the demand and need for common products are higher. However, when the inflation has been increasing in Vietnam in recent year, prices of many goods also increases uncontrollably and Vietnamese consumers have to pay more for daily-using products, including washing powder. Some recent statistics show that OMO’s price has increased by about 10,000 VND pe r kilogram since 2002 (Group 9 NH03, 2009).This can makes most of consumer more reluctant when purchasing washing powders with higher price. They are likely to find cheaper substitutes to satisfy their demand. If OMO keeps such a high price level, the number of consumer may reduce significantly no matter how much the company advertises for their products. This will be a big obstacle for OMO in the near future. 2. 2. Demographic factor The Vietnamese population is increasing quickly, as the total population now reaches 90 million and this figure is believed to rise by 1 million per year (Vietnam Demographics Profile 2012).Washing powder is a necessary good used across the country, hence Unilever has many opportunities to increase their sale volume and develop OMO product. Another good news for OMO is that Vietnam’s population density is higher and higher in big cities, especially Hanoi and Ho Chi Minh City (Vietnam Demographics Profile 2012). In addition, the fact that people are leaving the countryside for the city center to find better-paid jobs reduces the distance of delivery between buyers and sellers and saves transportation cost for the company. . 3. Social/ Cultural factor Culture is a vital part of every society and the important cause of people’s wants and behaviours. Recognizing the important role of culture in promoting products, Unilever has focused on Vietnamese culture in many advertisements. For example, OMO flower fragrance is associated with the image of Vietnamese diligent housewives, OMO TET with images of a happy family on Tet holiday with such impressive slogans as â€Å"T? t lam di? u hay ng? i gi v? t b? n†, â€Å"T? t lam di? u phuc, sung tuc c? am†Ã¢â‚¬ ¦ OMO also participates in social welfare programs funding for poor students or contributing to the social facilities with meaningful slogans like â€Å"V? n tim vang cho tri? u t? m long vang†, â€Å"OMO, ao tr? ng ng? i sang tuong lai†, all of which are very consistent with Vietnamese culture and win many customers’ heart (‘Chi? n lu? c marketing c? a Omo’, 2011, TNO, P. , 2005). In addition, Unilever has designed many product lines with diversified features to meet the needs of various customer groups, for instance, OMO 99 Stains, OMO Bleach, OMO Comfort and OMO Matic Frontload. 2. 4.Technological factor In the technological era, every company tries their best to apply the newest technology to produce new products. In recent years, Unilever  has invested much in R&D to have modern production lines and new technology which help reduce costs and add more features to their products (Unilever, 2011). Because of the technology advance, advertisements of OMO appear constantly  in the media, hence  bring OMO much closer to the consumers (‘Danh gia hi? u qu? qu? ng cao’, n. d. ). Therefore, technology enables OMO not only to enhance its quality but also to reach target consumers easier. . 5. Political factor The government has a vital role in operating the business over the whole country. Vietnam  is now  implementing an open market policy  by  facilitating  access to a wide variety of  products. However,  obstacles like  tariffs and quotas  on materials increase the price of many goods including OMO. Moreover, the regulations in Vietnam  are not strict enough and people may commit illegal actions as in the case of a firm in Thanh Hoa province which produced fake OMO with a lot of stone (Huy, Q. , 2010).Such problem may leave negative impressions of OMO brand in the customers’ mind. Nonetheless, the stability of Vietnam’s politics is still a significant factor that draws the interests of many international firms. 2. 6. Natural factor Today, most industries have to face a serious lack of resources and OMO is not an exception. Resources for OMO production have been increasingly exhausted because the main ingredients are fat acids deriv ed from crude oil. In recent years, the oil price keeps going up, leading to the rise in costs of production and causes the price of OMO to increase.Oil price increases also cause delivery cost to increase too. Moreover, nowadays, environment is a very hot issue; many companies have failed because they ignore the environmental concerns. The case of Vedan is one typical example. Producing environment friendly products is a good way to attract customers who want to do something good for the surrounding environment. To save the environment, every company needs to follow the government laws, and take their responsibility to protect environment even when that will make their product more expensive.Unilever is successful with their waste treatment water process and receives good feedbacks from society (Unilever, n. d. ). 3. COMPETITIVE ANALYSIS Nowadays, washing powder has become a common good and there are pretty much washing powder brands of different manufacturers in the market competi ng with each other for customers’ attention. Specifically, OMO are facing many competitors such as: Tide, Hoa Mo, Surf, Viso, Vi Dan. However, Viso and Surf are both products of Unilever while P&G owns Tide and Vi Dan belongs to Vico.These two brands, especially Tide, are the most threatening rivals to OMO in the market at the moment. According to the statistics, OMO currently accounts for 60% of the market share, while Tide makes up 30% and other brands only contribute 10% (Group 9 NH03, 2009). 3. 1. Direct and indirect competitors a. Indirect competitors Indirect competitors are businesses that are offering products and services that are close substitutes. These competitors are probably targeting one’s markets with a same or similar value proposition, but delivering a different product.In Vietnam, there are many indirect competitors for OMO like Ariel, Amway, Lix, Lifeboy, Pamolive, Enchanteur, Lux, †¦ as they also provide washing products but concentrate more o n washing water and soap. b. Direct competitors Direct competitors are businesses that are offering identical or similar products or services as a person’s business. These are companies that customers can easily buy from instead of from that one, and they represent the most intense competition. In the situation of Vietnamese washing powder market, we can clearly see two strong competitors of OMO, which are Tide and Vi Dan. 3. 2.Analysis of two direct competitors The table below shows the comparison of three washing powder brand names. Products Characteristics | OMO| Tide| Vi Dan| Quality| Good| Good| Normal| Design| Diversity| Diversity| Normal| Skin safety| Relative| Relative| Relative| Name| Simple, easy to remember, consumers preferred| Simple, easy to remember, consumers not appreciated| Close to the Vietnamese people| Catalog| Diversity| Relative| Less| Price| Expensive| Expensive| Cheap| Distribution| Wide| Wide| Within territory| Advertising| Good, a lot, attractive| G ood, not much| Less| Promotions| A lot, attractive| A lot| Less|Technology| Modern| Modern| Modern| Brand name| Famous, prestigious| Famous, prestigious| Normal| Scale| Large| Large| Small| Management ability| Good| Good| Good| a. Advantages of Tide over OMO Tide belongs to P&G Corporation which concentrates on detergent and cosmetics. In terms of global strategy, P&G is considered to be superior to Unilever with a more advanced position in many important market sectors. By occupying Gillete and focusing on its strategic goods, P&G will continue to expand (Unilever vs. P&G (Procter and Gamble), 2009).In terms of brand, while OMO has a series of products including OMO 99 Stains, OMO Bleach, OMO Matic Frontload and Topload, Tide also has a wide variety of products such as Tide Downy, Tide Spring Flower Scent, Tide Supermatic, Tide White and Clean†¦ It targets all customers with different income levels and characteristics with different styles and features. Tide has launched many impressive promotion programs under the theme â€Å"Dirt can’t hide from intensified Tide,† â€Å"If it’s got to be clean, it’s got to be Tide† and â€Å"Tide’s in, dirt’s out. † These programs attract a lot of people and gradually gain position in customers’ mind. . Disadvantages of Tide relative to OMO Firstly, P&G penetrates the Vietnamese market after Unilever. Vietnamese people know about OMO before Tide, and Comfort before the existence of Downy. In addition, the pronunciation of â€Å"OMO† is quite easy for Vietnamese while many people feel ashamed of pronouncing â€Å"Tide† in Vietnamese as it can easily cause misunderstanding. Moreover, the producer of Tide has not paid enough attention to the product design so Tide remains relatively simple and little changed (Unilever vs. P&G (Procter and Gamble), 2009). c.Advantages of Vi Dan relative to OMO Besides Tide, OMO also has to pay attention to the exi stence of Vi Dan – a product of Vico Co. , Ltd. , a 100% Vietnamese washing powder brand. The brand name Vi Dan sounds very Vietnamese and familiar with Vietnamese people life. The price of Vi Dan is also much lower than both Tide and OMO. Therefore, Vi Dan attracts more low income people and people in countryside (Phuong, K. , 2010). d. Disadvantages of Vi Dan relative to OMO Vi Dan is a small brand name so their products are distributed in a small areas and the scale is also small.Vi Dan is not popular in the market because VICO does not pay much attention to advertisement and promotion. This company also has little experience in producing and distributing. These drawbacks make customers know little about Vi Dan (Phuong, K. , 2010). * OMO Low reliable trademark Low perceived quality High reliable trademark * Vi Dan * Tide To sum up, in such a competitive environment, OMO should push up their promotion and improve the products’ quality to retain customers in current m arkets and aim at expand their market further to the rural areas.A positioning map 4. CUSTOMER ANALYSIS Criteria| Target customers| Behaviour| Purchase occasion: regular occasionBenefits sought: clean and bright clothes, safety, labour-free, time-savingUser status: regular userUsage rate: heavy userLoyalty status: strong Readiness state: almost all Vietnamese households have tried OMO at least once (Unilever, 2011). Brand familiarity: preference or recognition (the most highly recognized brand in Vietnam in 2005, second rank in top 500 famous brand name in 2006) (Unilever, 2011). Psychographic| Socioeconomic status: women are getting more important positions in society, holding responsible for choosing which domestic products to purchaseValues, attitudes and lifestyles: customers prefer products that can offer quick, safe and effective stain removal, modern style, natural sweet scent and family’s satisfaction| Demographic| Age: users of all age groups, especially those who ar e eighteen and above, mature, employed and marriedGender: mainly focus on female who are responsible for washings in a familyFamily size: extended families with two or three generations living in the same houseIncome: stable, medium to high income| Geography| Density: focus on cities and towns with high population density such as Hanoi, Ho Chi Minh, Hai Phong, Da Nang,.. | Decision type of the product: Routine response behaviour OMO is a low cost, low risk and frequently purchased product. Therefore, the customers need little search and decision effort and mostly rely on past experience when buying this product. We need to satisfy current customers by maintaining sufficient quality service and value. We must also try to attract new buyers by introducing new features and using points of purchase displays and price deals. 5.BRAND ANALYSIS 5. 1. Brand’s current performance Since the first day of appearing in Vietnam in 1995, through delivering the simplest and most efficient lau ndry, OMO are contributing to a cleaner and happier Vietnamese life. The consumers’ love for OMO brand is the highest recognition for what the company has been doing (Unilever, 2011). Theoretically, most of products follow 5-stage product life cycle and each stage is marked with certain sales growth and profit level (Kotler, P. , Adam, S. , Brown, L. , & Armstrong, G. , 2006). The five stages are product development, introduction, growth, maturity and decline, which represent an S-shaped life cycle.Since OMO came to Vietnam, it seemed that this product has undergone 4 stages: product development, introduction, growth and maturity. Today, OMO is at the maturity stage because of some reasons: it is facing growth rate slowed down, supply of goods tends to rise higher than actual demand, having high pressure from large customers because of various choices of other brands. OMO is implementing some special strategies to deal with this period. For instance, OMO is always changing to improve product quality to attract the attention of customers and maintain market share as adding washing powder for more active whitening ingredients, bleaching 99 types of stains, flower flavors added to make clothes more sweet smelling, †¦OMO also changes the products’ styles from package into plastic bags with many size for more convenient usage, or changes the color and image†¦ Beside, OMO has applied cutting price strategies by increasing the amount of products without rising prices, promotional bonus, using the form of lucky draw, lucky scratch card, won gold, houses, cars, tours,†¦ together with discounts in special occasions to attract more consumers’ attention (‘Chi? n lu? c marketing c? a Omo’, 2011). 5. 2. OMO using the 4Ps framework To gain such a position in current marketplace, Unilever had an excellent marketing strategy for all of their products in general and for OMO in particular. It can be said that the company has appli ed the 4Ps framework effectively to promote the OMO brand. a. Product: Characteristics: OMO is a product with high quality in comparison with other kinds of washing powders; it can dislodge completely any dirty spots on the clothes. * Brand name: OMO is the short name which is easy to remember and pronounce. * Packaging: Packaging is considered as a silent salesperson, and the most outstanding feature about packaging of OMO products is that it is very vivid, colorful, fresh, friendly, striking and very eye-catching. OMO's traditional colors are red, white, and blue. Packaging is always improved to create the highest aesthetics to consumers and ensure the product quality. * Size: To meet consumers’ demand, there are many kinds of OMO products with many sizes: 400g, 800g, 1. 5kg, 3kg, 4. kg, and 5kg. * Types of product: During development period, OMO always gives new products to meet the new demand as soon as possible. For example: * In 2003, OMO is the first brand to provide d etergent for washing machine. Up until now, OMO Matic has been recommended by 80% of washing machine manufacturers in Vietnam (Unilever, 2011). * In 2004, OMO launched break-through formulation which cleans dirt even in hard-to-reach places, showing that it is the expert when it comes to removing the toughest  stains. * In 2007, OMO Comfort with long lasting fragrant was introduced. * On May 8th 2010, Unilever launched the OMO Concentrate Laundry. b. PricePrice is another important part of the marketing mix including wholesale prices, retail prices, discounts, rebates and credits. Price must be commensurate with the value received by customers and competition. Recognizing that 80% of consumers in Vietnam live in rural areas with low incomes; Unilever Vietnam has set targets to reduce production costs in order to bring the reasonable price for consumers. The company has relied on small local businesses to find local raw materials to replace the imported ones, reducing costs by payi ng less import taxes. In addition, the company has allocated the branches across the North, Central and South areas to reduce transportation and warehouse costs.Moreover, Unilever provides financial supports to help local businesses upgrade production facilities, offers technology transfer, and holds training programs to increase the quality and productivity. Besides, OMO uses the penetration price strategy. In the first 5 years since the introduction, the company maintained OMO price and quality in the face of rises in raw materials and fuel price. These measures helped OMO gradually gain market share and increase the price later. Calculations show that from 2002 up to date, OMO washing powder prices have increased by about 10,000 VND/ kg (Group 9 NH03, 2009). ND? c ng? a c. Placement Unilever decided to create a marketing and distribution system across the country, covering more than 100,000 locations. Unilever Vietnam is divided into seven regional sales.Unilever has classified t he cities into one group, the group communication channel 2 (GT2), including Ho Chi Minh City and Hanoi, the GT4 group consists of GT2 and Da Nang, Can Tho; and GT8 includes GT4 and Hai Phong, Vinh, Nha Trang, Bien Hoa (Chi? n lu? c marketing c? a Omo, 2011). OMO is the daily and individual consumption, so the channels also differ compared to other commodities. Firstly, as a direct channel, the producers sell directly to final consumers. Consumers now have a certain belief in the OMO products so the company only has to use some forces as home sales, or sales through mail, mail order †¦ The forms allow the consumer to buy products through the media without advertising directly and interacting with the seller.Secondly, the product is sold via indirect channels using intermediaries between producers and consumers. There are three levels in this channel. * Manufacturers =; Retailers =; Consumers. For example, OMO products sold in retail stores such as Big C , supermarket chain Co-o p mart, Maximax systems †¦ * Manufacturer =; Wholesalers =; Retailers =; Consumers. For instance, OMO products sold in the commercial distribution centers such as Metro Binh Phu in Ho Chi Minh City. * Manufacturer =; Agent =; Wholesalers =; Retailers =; Consumers. For example, agents in Binh Duong have very modern equipments and scientific operating layouts.Goods after production at the plant will be set up in this center, and then shipped to dealers in Central (from back to Nha Trang) and the South, and this is the transit point for goods from Hanoi and Da Nang. d. Promotion: Promotion is a series of mixtures of activity: Advertising, promotions, public relations, direct sales and direct marketing. The selection of promotional tools to spread the brand image and message is extremely important. Unilever Vietnam have chosen to promote OMO through commercials on television and newspapers, organized programs such as promotional support, participates in events or exhibitions, estab lished study promotion funds for poor children†¦ The company also sponsored TV programs like â€Å"Vu? t qua th? thach† and â€Å"Chi? c non ki di? u†.OMO’s advertisements usually take the theme of family, contributing to the emotional appeal. As a result, OMO is getting more supports from the Vietnamese consumers. Besides, OMO is known as a leading brand participating in many social activities. Among these, poverty reduction is the most outstanding activity: OMO has developed the project â€Å"OMO mai d? ?m tinh xuan,† building nearly 300 houses in 37 districts of five poorest provinces in Vietnam and supported economic development programs at Cu Chi. Through these activities, Unilever drew a lot of attentions and received many positive responses for the company as well as the brand. 6. SWOT ANALYSISThe SWOT Analysis of the company is summarized in the following table: Internal External Unfavorable Favorable Strengths * Brand equity * â€Å"Talentà ¢â‚¬  policy * Distributor channels * R;D * Market share| Opportunities * Vietnam’s demographics * Favorable environment for foreign investment * Geographical favors | Weaknesses * Foreign brand in an Asian country | Threats * Shrinking market share * Decreasing customers demand due to economic downturn| The strengths, weaknesses, opportunities and threats of the company are discussed in details in the following section. 6. 1. Strengths * Brand equity Unilever was first founded in 1890s.In 2011, this Anglo-Dutch multinational group ranked the third-largest consumer goods company measured by revenues after P;G and Nestle. The company’s 400 brand portfolio ranges from nutritionally balanced foods to indulgent ice creams, affordable soaps, luxurious shampoos and everyday household care products. They are sold in more than 190 countries with 2 billion consumers on any given day. Unilever so far has expanded its business to more than 100 countries, including Vietnam. After more than 15 years of operation in Vietnam, Unilever has become a very familiar brand with the Asian country’s people. Nearly 5 million Unilever products such as OMO, PS, Clear, Pond’s, Knorr, etc are bought by Vietnamese consumers per day, (JV Raman, as cited in Phuong, T. , 2011).Obviously, trade mark is an advantage for Unilever to shorten the gap between the company products and the consumers. OMO, as a result, enjoys the favorable brand name to be an international standard detergent. * Effective â€Å"talent† policy â€Å"Brand and brains are two assets of our company† said Mr JV Raman, chairman of Unilever Vietnam. Unilever Vietnam is fully aware of the human resource’s role in business performance. The company has a variety of activities to pool in high-quality employees. Logging on Unilever website, the message of the Chairman is like a welcoming greeting, which offers the opportunities for all the people with the willing to co-ordinate, t o challenge themselves and to help develop the company.The company program known as â€Å"Unilever Future Leaders Program† was first launched in 1998 and till now, it has provided many newly-graduated students with employment opportunities. This policy no doubt has been an efficient investment of Unilever Vietnam in human resource. * Distributor channels By the year 2009, Unilever had a total of 283 distributors and nearly 150,000 retail stores across the country. In the year 2011, the number of retail stores rocketed to 180,000 – channeling Unilever products to an average number of 35 million Vietnamese customers per week. Larger distribution systems prove stronger position of Unilever brand name in the market.This system not only focuses on metropolitans like Hanoi or Ho Chi Minh city but also allocates evenly throughout the country. OMO then, like other Unilever products, has the access to a wide range of customers. * R;D Recognized innovation as â€Å"the key to p rogress†, research and development are always paid sufficient attention. Generally, nearly â‚ ¬1 billion was reported to have been invested in research and development every year, contributing to laboratories establishment, which paved the way for new thinking and techniques. Till now, a variety of OMO products are available: OMO bleach, OMO comfort, OMO packshot handwash, OMO packshot matic front load, OMO topload.This variety offers multiple choices for customers with different preferences. Moreover, to be in line with the company’s Sustainable Living Plan, the technology is suggested to be based on sustainable inputs and used in a sustainable manner. Unilever products are used 2 billion times per day (Wright, R. , n. d. ) and each technology advance in each product can help to protect the environment. Take OMO liquid for example, if dosed correctly, the concentrated OMO liquid provides the same number of washes as ‘dilute liquids’ and at the same time , reduces water and waste, halving the number of trucks required to transport them and then reducing greenhouse gas emissions per wash, (Wright, R. , n. d. ).This new type of OMO detergent not only saves the time and the cost for the consumers but also raise the awareness of environment protection and social responsibility. * Market share Despite the fact that Unilever holds 48% of Vietnam market share, in term of Fabric cleaning, Unilever is the leading brand with a dominant provider with 77% of Vietnam market share (Manwani, H. , 2005). This figure clearly confirms OMO position in the detergent market of Vietnam. However, the statistics from 2005 has not fully reflected the current situation of fiercer competitions since new products have been entering the market. Unilever generally and OMO particularly is suggested to continue advance its technology and product quality to retain the market share. 6. 2. Weaknesses * Foreign brand in a typical Asian cultureDespite many years of exp erience operating in Vietnam, the Anglo-Dutch multinational group sometimes seems to have encountered cultural disparity between it and the Asian country. Take OMO Bleach promotion program for example. In the year 2006, Unilever organized an event called â€Å"Possible mission†, involving the giant short sleeve shirt washed with OMO bleach (Huong, L. , 2006). This Guinness recognized largest shirt was made from 6,200 meters of cloth. And for OMO Bleach to wash the shirt, a team of more than 100 engineers and mechanics had been working for 17 straight days to make a giant steel washing tank. After pouring 1800 liters of colors into the shirt, Unilever cleaned it out just in 10. 35 minutes with OMO Bleach.This set Unilever records but posed a negative group image towards Vietnamese people, who would prefer practical contributions to heavily brand promotion like that. The organization then had responded timely, using the shirt cloth to make 3000 small shirts for disadvantaged Vi etnamese children. Being a foreign brand in an Asian culture like Vietnam, Unilever then needs to improve its marketing approach for them to be more suitable and relevant with the country context and people’s norms. 6. 3. Opportunities: * Vietnam’s demographics By July 2011, total Vietnam population was more than 90 million people. This is obviously a dynamic market with a lot of potentials to realize. Children account for 25. 2%, adolescent and adults account for 69. % of the total 90 million people. This golden demographic model happens only one time of a country’s history. Conglomerate like Unilever then can tap on consuming market and at the same time take the full advantage of the available labor force. This may be the reason why for OMO to choose children as their advertisings’ main characters. With the slogan â€Å"Dirt is good†, OMO encourages all the parents to let their children freely explore the life and naturally uncover their own pote ntials (Unilever, 2011). In this way, OMO is not simply a fabric cleaning product but a close friend of every household. * Favorable environment for foreign investmentIn the global context of political disturbance and conflict, it is Vietnam’s political stability and national integrity that draw the attention of foreign investors. Moreover, since the â€Å"Doi Moi†, Vietnam authorities have implemented a variety of transformation, from administrative procedure to policies. The administrative procedure is much more simplified. Tax incentives are also employed to encourage foreign investors to invest in the Asian country. Last but not least, the bilateral dialogue between government and enterprises is encouraged. Foreign investors in Vietnam like Unilever have the right to directly reveal their opinions and recommendations. Vietnamese authorities at the same time can give positive or negative feedbacks on the businesses’ activities.Specifically, Unilever received the Prime Minister’s award for environmental protection in 2011. This two-way interaction ensures that all the company’s aspirations as well as efforts are fully recognized by the government. * Geographical favors Being a country in the favorable position, Vietnam has long coastlines with many harbors along. In addition, the country share border lines with a number of countries like China, Laos and Cambodia. As a result, it is very convenient for Unilever to export products, import raw materials or allocate products flexibly within the region. 6. 4. Threats * Shrinking market share More and more foreign investors are entering this Asian country.Not to mention Unilever’s biggest competitor in Vietnam – P;G, many distributor groups now came up with their own products. Take Big C Supermarket for example. This French supermarket group has had their own products like Big C detergent, Big C softener, etc at more reasonable prices. To solve the problem of differ ent level of income, Unilever has had three types of detergent including OMO, Surf, Viso. However, in order to retain the market share, Unilever is suggested to make each detergent product to be more customers-oriented. Otherwise, OMO market share can be lost to another Unilever detergent like Surf or Viso. * Decreasing consumer demand due to economic downturnAs a result of overheating economic growth, Vietnam economy is now in the situation of hiking inflation. The Consumer price index hit its peak at 18. 6% in November 2011. Although this index has been gone down to 16. 5% in March 2012, it is undeniable that the high inflation had decreased the people’s trust and their consuming demand. Depreciated currency lowers the people’s purchasing power. As a result, instead of buying a high-quality and high-price detergent like OMO, they can make up with an average-quality and more reasonable price one. It is Unilever’s duty to figure out ways to minimize the cost, im proving the production’s efficiency and then gradually offer the products at a more affordable price.Besides, promotion and sales are appropriate solution to stimulus the demand. Only by doing these can Unilever take a firm hold on its current market share in Vietnam. III. Conclusion In conclusion, OMO has got a large market share in Vietnam. From the product life cycle perspective, the Unilever’s detergent has entered the process of maturing, which signals the requirements to have more innovations with the view to upgrading quality and decreasing cost. In the context of more domestic and foreign competitors emerging in Vietnam, not to mention the inflation rate which has not completely decreased, the long-term relationship with customers is much more emphasized in OMO’s strategies.Being a daily household’s product, the long-term relationship with customers definitely will enhances and prolongs OMO sales and profits. Last but not least, more promotions an d continuingly updated commercial ads to catch up with customers’ expectations and market trend will be a deciding factor for OMO future development. Directing development to be more in line with government’s policies and stake holders’ benefits, OMO’s stance on Vietnam market is for many years to come. 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