Industry analysis Essay Example | Topics and Well Written Essays - 750 words - 2

Industry analysis - Essay Example have serious impact on the profitability, competitiveness and growth as well as the satisfaction in using the product produced by a particular service provider or industry (Willett, 2010). An industry can therefore take advantage of the purchases by customers of the complementary products even if you do not offer them yourself by establishing multiple alliances with those that do not offer them. Our industry which is the cosmetic manufacturing that includes manufacture of products such as hair products, skin care, cosmetics, deodorants, perfumes, oral care and other products including baby items may benefit from complementary industry such as the hair dressing industry. Hairdressing and the cosmetic industry are closely intertwined and aligned and each has got the effect of affecting the profitability of the other in that the demand for the cosmetics will be dependent on the hairdressing and the beauty salon services. These two industries are competitive and the competition in the large number of salons in a particular area is likely to affect the uptake of the demand for these products (Willett, 2010). Further, the competition for sales of hair and beauty products increases with the increasing number of beauty parlors, beauty stores as well as salons showing that these two industries are complementary to each other. The success of our company which is dealing in the sale of cosmetic products and our competitive strategy will therefore depend on how we relate to the hair dressing service industry. This is so due to the fact that the rate and intensity of competition in an industry is dependent on the economics of the particular industry and the fact that each differs fundamentally from the other, and therefore the collective strength of the forces of competition is distinct. Therefore, as a manufacturer dealing in cosmetics products, it is important that to find a position that helps it cope best with hose providing hair dressing services and use the competitive

Origins of the Watch making Industry Essay -- Design and Technology

Origins of the Watch making Industry The production of watches was a major industry of Great Britain for hundreds of years. Watch making originated in Europe in the early 16th century, when coiled springs were first used to power clocks. Clocks were powered by weights originally, and therefore remained stationary. The springs meant that clocks could be moved for the first time, and soon, German clockmakers started to make very small clocks, which are considered as the earliest watches made. Watch making was the most advanced line of the clock making industry, which developed when Blacksmiths started introducing their skills with metal to clock making. Watches were being made in Great Britain from around the middle of Elizabeth 1 reign as Queen of England. (1533 – 1603) It is likely that the success of European Watchmakers encouraged British Watchmakers to start producing Watches to make sure they weren’t behind in technological developments. During this, watches were extremely expensive, and therefore quite rare, they were also quite inaccurate, and only had an hour hand. Most designs for early watches were for the watches to be worn around the neck, on either a cord or ribbon. This was because it was a status symbol to be seen wearing a watch and the watches were still pretty large, and couldn’t fit in the pocket very easily, if the clothes had pockets, as this was also a rarity. It was in the late 17th century that the watch making industry became a much more renowned industry in Britain. Evolution in watch design meant that watches soon became more accurate, which made them much more useful and as a result, the demand increased for British watches. Watch making in Prescot By the 18th century, Prescot was well established as the centre of watch making in England, and for 100 years after, Prescot would become world famous for its product quality. John Wyke and other famous watch makers started their businesses in Prescot, and at the beginning of Queen Victoria’s reign in 1837, Watch making was renowned in Prescot. The area was already well known for its tools most importantly files, and metal works, which made it easier for business to thrive. Extremely high quality tools and metal were required by watchmakers so the industries were set up next to each other to make life simpler. Liverpool became a major c... ... into the Prescot watch making industry in an attempt to keep it competitive, it had all but gone from prescot by the mid 1880s. A decision was made to act, and T.P Hewitt was one of the founding members of the Lancashire Watch Company. The building was completed in 1889, and it was based on the American Factory system of manufacture, where complete watch movements were made, by machines, under one roof. The factory was fitted out with machines to produce the watch parts, powered by a steam engine called the Horologer (Horology is the correct name for the study and production of clocks and watches). They made a range of watches too suit all the poorest of pockets. It lasted into the 20th century and had some success, becoming a major producer of watches in Britain. However, foreign competition was too great and by that time, very well established. This combined with poor marketing, especially overseas led to the company being forced to close its doors in 1910. Some small workshops still produced time pieces in Prescot until the middle of the 20th century, but the watch making industry in Prescot effectively ended with the closure of the Lancashire watch company.

12 Angry Men: Conflict & Negotiation

Tutorial (T3/W4) 1. Blackboard Forum Refer to Blackboard, Discussion Board, for the tutorial assignment. i)Assume you’ve been appointed HR Executive (Training & Development) of McPEC (Marine & Offshore Engineering Pte Ltd) in Singapore. McPEC is a privately owned entity and a member of the Entraco Group of Companies. The company is capable of undertaking turnkey engineering, procurement, construction, installation and project management (EPCIM) for onshore and offshore oil and gas projects. McPEC is also an ISO 9001-2000 certified company, which meets the ongoing demand for quality and safety standards of all oil and gas customers. Your immediate superior, Mr Lee, Human Resource Manager, has instructed you to come up with a proposal on how to conduct training for staff who are poor in time management. The following guidelines are given to you: – 20 staff, between the ages of 20 – 40, have been found to be poor in time management by not meeting deadlines for their work – 3 hours of training in time management to be conducted – Training Needs Analysis (TNA) not done Non-training needs not analysed With the knowledge you’ve gained so far from TRGD lectures and notes and with reference to McPEC, answer the following questions: †¢ What are the training objectives? †¢ What are the suitable training methods? †¢ What are the factors that influence transfer of training? Enter your individual answer into Blackboard. This is to be done as homework before coming to the tutorial. ii)Watch the DVD by Julie Morgenstern who’s conducting training in time management. Notice her approach and the points she covers. (Time given: 30 mins) Self-assessment How long it will take 4D’s: delete delegate delay diminishing Time map Transform the theory into practice Draw an applicable map for yourself Rapport Multi task iii)Tutor shall summarize the main points of the video and their relevance to the tutorial assignment. (Time given: 10 mins) iv)What could you learn from the approach taken by Julie? Read the answers of your classmates on Blackboard. What could you learn from the answers of your classmates? Discuss as a group on how you could improve on your earlier individual answer on training in time management? Enter your improved group answer into Blackboard. (Time given: 50 mins) v)Each group is to present the main points of their answer. (Time given: 20 mins) Participation on Blackboard will contribute to your individual class participation mark as follows: – Relevant points for effective time management (20 marks) – Practical examples (20 marks) – Suitable for the Singapore context (10 marks) Total: 50 marks 2. Tutor Consultation Time – CA1

Health Care System in Finland - 2051 Words

Health Care System – Finland Background information: - About 18.9% of health care is funded directly by households and 76.6% by taxation. - According the Swedish Association of Local Authorities and Regions, Finland used the least resources and attained average results, making Finland the most efficient public sector health service producer according to the studys author†1 Where do financial resources come from? - Employers and employees contribute directly to the National Health Care through their salaries. - Employers and employees contribute also through their overall tax payment; both to the federal and the local government (municipalities). - Municipalities are responsible for providing†¦show more content†¦- There is a lack of electronic database and patients records within the public sector; all information is recorded and filed on paper only. - Although the Health Care System is good overall when it comes to the treatment of patients, there is a known shortage of nurses in the Helsinki region. This subject deals directly with one of the front line elements of the actual service provision. - No constant marketing campaign seems to be done by the Health Care System. Ideation - Using smart phones or simply a computer, we all have easier access to the services given online. It has become very easy to book and buy things even through smart phones. Likewise, it could be easier for internet users to book their appointments online. While children and the elder would not so eager to use this mode, the current employees booking appointments over the phone could certainly provide a better service to the users. - If the Finnish records in the public sector were electronic, then these could be available to the private sector health care system as well, providing accurate information on patients records at all times making life easier for users that constantly leap from the public to the private sector,Show MoreRelatedHealth Care Systems in Finland, Afghanistan, and Norway2122 Words   |  9 PagesHealth care system world widely is a very important issue. According to WHO is that a good health system delivers quality services to all people, when and where they need them. 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