The Garment Industry. Introduction Clothing is a collective word which is used to refer to items worn on the body. Clothes can be made from animal skin, textile materials. Clothes are most often than not limited to mankind only. The type of cloth a person wears depends on character the body type and shape and the geographical conditions. Clothing acts as an element of protection from external hazards or harmful thing. Clothing is also a social norm it is considered very indecent is one decides to walk without them. It is not easy to determine when the first clothes were made. A new study suggests that humans started to wear clothes after the second last Ice Age, which would make it 170,000 years ago. This essay aims determine the origin my clothes, which is from Asia, the historical and contemporary patterns of trade in primary and secondary products and their partial distribution tracing their locations origins and diffusion of the industrial revolution. All my garments are made in Asia. The headquarters of the companies are located in China and Bangladesh.…
Significance of Gender in Entrepreneurship Introduction The issue of gender in the business world, more so in entrepreneurship, is one of the core topics in most discussions globally. In the recent past, men were the kingpins in entrepreneurship whereas women comprised of a lesser percentage as compared to them. According to a report filed by the economist Organization for Economic Co-operation and Development (OECD) in 2016, the masculine gender was averagely 1.8 times more likely to have a self-employment than the female gender. in comparison, female-owned businesses lack the orientation of swift growth and creation of employment for others since they operate smaller businesses than men. The gender gap in entrepreneurship creates a threat in the business world; therefore, the issue needs to be addressed to create an equal and non-gender bias entrepreneurial environment for all. Generally, extensive research and study reveal that gender perception of entrepreneurship and entrepreneurial intentions are the core causes of the gender gap in entrepreneurship. Entrepreneurship is human universal; that is, any individual ready to fill a gap in the society through entrepreneurship can actualize…
Apple Limited Marketing Strategies Introduction Apple is known as a well-developed technology company that deals design, manufacturing, and marketing of electronic devices used in the world today. It is considered one of the largest electronics brands despite having a minimal chance during its first years. The company sells its products over the whole world has more than 250 retailers worldwide. History of Apple Company. The company was founded by Steve Jobs and Steve Wozniak in 1976. The name Apple is known to have been brought up by Jobs. Come to think of it; it might have been because he had been working in the orchards in Oregon where apples were being grown. That aside, the name begins with the alphabet A. This occurred as a suitable name to encourage them to work towards the Apple company being among the worlds’ leading companies (Rawlinson, 2017). The Apple design for Apple’s logo has several suggestions as to how or where from the logo came to be. It could be a representation of the story of Adam and Eve in the garden of Eden…
Hypothesis 1: Lack of Customer Service Efficiency is directly correlated to the declining sales of Apple Inc. The first hypothesis created the assumption that company sales are interdependent with the before and after-sale customer service. Therefore, in-depth research was conducted to determine the verity of the assumption and support or disapprove the correlation in equal measures. The rate of customer service efficiency was rated on the grounds of how the company handles after-sale services its customers, and also how the customer service team responds to customer needs. Even though there has been an age-old notion regarding the fact at hand, research revealed that there is just but a trace of correlation between Apple company sales and customer service efficiency (Vallaster, 512). Therefore, the findings automatically dismissed the postulation that there is a correlation between company sales and customer service efficiency regarding Apple Inc. The findings, however, state that despite the minimal effect of the relationship, there is a danger decline in sales resulting from poor customer service on large scale parameters. Evidence can be drawn from the perception of a…
Strategic Plan of Coca Cola Company Executive Summary of Coca Cola Coca Cola Company has a history of being the leading company in good corporate citizens around the globe for more than 100 years. The Coca Cola system has an excellent global scale that the company is executing in a considerably localized manner, proving it crucial to steer the economic development, empower the communities, and preserve and protect the environment where the Coca Cola Company is doing its business. The company is now facing many threats in the current markets since the market is ever-changing. The company is facing the regulatory changes of the market, the social and economic changes, and market-driven changes. The company will use the SWOT analysis approach to provide an insight into the environment. The external analysis of the company helps in understanding the situation of the industry. Internal review of the company helps the company to know the internal capabilities. The strategic plan will address the strategies the company will undertake to retain its customers in more than 200 countries, and the way the company…
THE BLUE SWEATER BOOK REVIEW The Blue Sweater an inspiring book by Jacqueline Novogratz, which addresses severe development issues through the writer’s personal life experiences and adventures. The book brings out new ideas, innovations, and strategies that solve the global problem concerning poverty, which even charitable organizations have not adequately addressed it. It shows how compassionate actions that are done by someone can have a significant impact on the needy. Jacqueline left her lucrative profession in international banking. She went on a mission to have a firsthand understanding of poverty and, after that, develop a workable solution to empower underprivileged communities in the world (Novogratz, 2010). The story behind the title of the book is impressive because, in chapter 1, Jacqueline recounts her blue sweater, which was a gift she valued and treasured while she was still back at home in Virginia. When she grew, and the sweater could no longer fit her, she disposes it and thinks that she will never see it again. Surprisingly, Jacqueline saw the same garment ten years later when in Rwanda. It happened one…
MICROFINANCE IN DEVELOPING COUNTRIES Introduction According to the World Bank, approximately 1.4 billion people across the world live on less than one dollar a day. These individuals are faced with abject poverty and suffering (World Bank, 2009a). Available literature indicates different effective programs that have been developed to deal with poverty. One of the strategies is microfinance, which is seen as an effective tool in combating paucity. This is because microfinance requires minimal investment and can serve unfortunate people, unlike traditional banks. Microfinance refers to financial services that are mainly offered to low-income households. Microfinance institutions mainly give these services. In the past few years, many developing countries have established microfinance institutions (MFIs). MFIs are crucial since they are a source of capital for people who are unable to access loans from banks. Loans provided by microfinance institutions help individuals to start small-scale businesses and generate income (Cai, 2016). Income made is crucial in ensuring the reduction of poverty in developing nations. The establishment of microfinance institutions has enabled millions of people across developing countries to have access to…
Importance of Technology in Tourism and Event Entrepreneurship Introduction Definition of ICT and Entrepreneurship The term ICT is an acronym that refers to Information Communication Technologies, which are the technologies that focus on accessing information through telecommunications. The communication technologies include wireless networks, the Internet, cell phones, and other mediums of communications (Tech-terms 2010). Hayes (2019) defines entrepreneurship as the process that involves designing, launching, and running a new business that is initially a small business by an entrepreneur. Importance of Technology in Tourism and Event Entrepreneurship Tourism economy has transformed digitally, and it is now embracing information Communication technology where tourism-oriented companies such as travel agencies, hotels, rental agencies, tour operators, and cruisers experience the growth effect (Januszewska, Jaremen, & Nawrocka, 2015). Integrating information communication technologies with Tourism and event sector has been of great importance since both areas contain high value chain where the creations, collection, retrieval, and storage activities are the main activities in the tourism enterprises (Januszewska, Jaremen, & Nawrocka, 2015, Parker 2019). Most tourism and event sector has transformed the consumer decision-making process into an…
Molson Coors Brewing Company A decision is an important aspect of real-life. In an organization, managers are tasked to make appropriate decisions for the success of the organization since management failure to make proper decisions hurt the organization and its stakeholders. The paper discusses the importance of decision making, strategic and organization decision, decisions making methods, and sales forecasting. Throughout the Molson Brewing Company has been discussed concerning decision making. Also, the paper provides the dynamics of the brewery industry. Finally, the article offers the assumptions and recommendations concerning the future development of Molson Brewing Company. Importance of Effective Decision Making to an Organization Decision-Making occurs where the management has to select a course of action among several alternatives to achieve the organizational goal. The success of the company relies heavily on the decisions adopted by the management. Managers to make effective decisions should have knowledge, expertise, and capability in achieving the organization’s goals. The importance of effective decision-making includes achievement of the firm’s goals, selection of the best alternative, employee motivation, better utilization of resources, monitoring of managerial performance,…
ConocoPhillips Oil Company Strategic Plan Company background ConocoPhillips is a leading oil company based in Huston, Texas. The operations of the company involve finding and producing oil and natural gas as well as transporting and marketing their products (ConocoPhillips, 2019). The vision of the ConocoPhillips oil company is to produce refined oil and gas safely and responsibly. In their mission statement, the ConocoPhillips oil company ensures that no matter the environment, the essence of their company and core values do not change. SWOT analysis The major strength of the ConocoPhillips oil company is an extensive geographic presence (Management paradise, 2010). As the fifth largest private energy corporation in the world, their services have extended to many countries around the globe. The biggest weakness of the ConocoPhillips oil company is a negative public perception. It is a weakness because it hinders efficient service delivery. The increase in demand for natural gas in North America is a big opportunity for ConocoPhillips. The increasing environmental regulations is a significant threat to the ConocoPhillips oil company. Long-term objectives According to John (2006), strategic planning…