Frailty, Thy Name Is Woman - 1272 Words

Onyekere 1 Chinelo Onyekere Julie Rea Eng 112 Date Hamlet s statement â€Å"Frailty, thy name is woman† Hamlet statement shows that he was not happy with his mother s remarriage to his uncle. He is referring to his mother he fells that she is weak and not strong enough to mourn his father for longer period. Hamlet was in state of emotional distress due to his fathers death. â€Å"Frailty, thy name is woman,† frail connotes delicacy, unreliability, and moral corruptibility capturing the ways in which people with â€Å"extraordinary† bodies are interpreted as socially suspect on a number of fronts. Although it has been interpreted as meaning physical fragility in contemporary contexts, frailty in this sense refers to the tendency of women to be unfaithful in love (Sally). Gertrude is not dominated herself as a moral weakness. Gertrude is not dominated herself as a moral weakness. Hamlet make the statement base on what he see on his mother characters in marrying Claudius. But he is referring that all women are weak. Weakly betrayed her passion for Viola, appearing under the character of a cavalier, she acquiesces in her indiscretion by saying, For such as we are made, if such we be,Alas! ourShow MoreRelatedEssay Linguistic Analysis of Hamlet713 Words   |  3 Pagesto Claudius. He compares Claudius to his father (his father was so excellent a king while Claudius is a bestial satyr). As he runs through his description of their marriage, he touches upon the important motifs of misogyny, crying, Frailty, thy name is woman; incest, commenting that his mother moved with such dexterity to incestuous sheets; and the ominous omen the marriage represents for Denmark, that it is not nor it cannot come to good. Each of these motifs recurs throughout the playRead MoreA Brief Note On William Shakespeare s Hamlet 1134 Words   |  5 Pagessociety Paragraph #2 - Body Paragraph 1 - Gertrude Who is Gertrude Gertrude’s values Unfaithfulness How she is represented in the play Why she married Claudius Sexual Appetite Paragraph #3 - Body Paragraph 2 - Frailty, thy name is woman! Inconstancy of women â€Å"Frailty, thy name is woman!† Disgust at all women Hamlet’s views of women Mention Ophelia Paragraph #4 - Body Paragraph 3 - Ophelia Ophelia is a victim Dependent on the men in her life - Father, Brother, and Hamlet Denied love from HamletRead MoreEssay on Conscience of Queen Gertrude in Shakespeares Hamlet1134 Words   |  5 PagesTo some readers and critics, Gertrude is conceived as an erratic, superficial and sensual woman. Others discern the Queen as an earnest, intellectual and sagacious woman whose tragic fault is her yearning for sexual satisfaction. Throughout the text, there are several legitimate arguments for both sides, but in the end, Hamlet seems to sum up the Queen’s true persona with the words â€Å"Frailty, thy name is woman†. Evidence of Gertrude’s true nature can be found in many instances through out the playRead MoreWomen s Liberty Through Literature1105 Words   |  5 Pages Chaucer tells three stories told by women. Each of these women do not fully fulfill the images connected with the role the character is supposed to fill†(Vaneckova, Vladislava (2007) â€Å"Women in Geoffrey Chaucer’s The Canterbury Tales: Woman as a narrator, W oman in the narrative† (Master’s Diploma Thesis, Masaryk University) available from http://is.muni.cz/th/74590/ff_m/chaucer.pdf ). A nun and wife are the roles the two characters who stick out the most. Neither of which are told doing the rolesRead MoreWomen ´s Role in Othello by William Shakespeare717 Words   |  3 PagesFrailty, thy Name is Woman Women stereotypically are portrayed as a weak gender. Often women are given the roles in which they must rely on the protection and permission of men to go about both action and idea. When conflict occurs between any male characters, the female character can be torn and forced to make a decision in which no matter the decision, she will be put in a bad view. When the demand for a woman to have allegiance to a man’s will and subsequently given no opinion or independentRead MoreEssay on Shakespeares Soliloquies - Hamlet’s Soliloquy1034 Words   |  5 Pagesextreme contrast increases the importance of Hamlets father and yet also makes a mockery of Claudius character; one which, to this point, the audience could have seen as strong and domineering.    When Hamlet says, Frailty, thy name is woman, he is personifying frailty as the entire of the female race. The actions of his mother have lead him to believe that all women are capable of acting in this wicked way and that all women are weak. Alongside the image of his father that is communicatedRead MoreThe Character of Gertrude in Shakespeare’s Hamlet Essay1558 Words   |  7 Pages    The character of Gertrude in Shakespeare’s tragedy, Hamlet, is not a woman for emulation by others. She is too human, and not very intelligent. Let’s consider her in this essay.    Mary Bradford-Whiting, in her article â€Å"Mothers in Shakespeare† compares the mother of Juliet to the mother of Hamlet:    Juliet has a mother, to whose heart of stone she appeals in vain:    . . . O, sweet my mother, cast me not away! [Romeo and Juliet, III.v.198]    Hamlet has a motherRead MoreWilliam Shakespeare s Twelfth Night Or What You Will Essay936 Words   |  4 Pagesmeaning? (Beha BR18) The characters in Shakespeare’s Hamlet are very diverse in personality and in their roles. Herein lie the questions: How do the characters differ and how do their roles impact others and ultimately affect the play? â€Å"Frailty, thy name is woman!† (Branagh 1996) Hamlet, the prince of Denmark, has much love for his mother, Queen Gertrude, and within the emotion of his anguish over the untimely death of his father, his frustration builds with tumultuous peaks and valleys in a seaRead MoreCharacter Analysis Of Hamlet1065 Words   |  5 Pageshang on him as if increase of appetite had grow by what it fed on, and yet, within a month— Let me not think on ’t. Frailty, thy name is woman!† He states that he can t believe how weak women are, he said that even an animal would mourn the loss of its mate longer than she did. In Act 1, Scene 2 (Gertrude) (lines 145-155) Quote â€Å"Let me not think on ’t. Frailty, thy name is woman!—A little month, or ere those shoes were old With which she followed my poor father’s body,Like Niobe, all tears. WhyRead MoreConflict Between Hamlet And Laerte By William Shakespeare1564 Words   |  7 Pages Beginning in Act I scene ii, the queen Gertrude is seen and, after her and the King Claudius convince Hamlet to stay in the castle until his grief is gone, they exit. After the queen and king leave, Hamlet begins to have monolouge. â€Å"...Frailty, thy name is woman! A little month, or ere those shoes were old with which she followed my poor father’s body, like Niobe, all tears. Why, she-- O God, a beast that wants discourse of reason would have mourned longer!-- married with my uncle, my father’s brother

Essay on Genetic Engineering Is Not Safe - 990 Words

Genetic engineering is the intended modification to an organism’s genetic makeup. There have been no continuing studies on this topic or action so there is no telling whether or not it is harmless. Genetic engineering is not safe because scientists have no absolute knowledge about living systems. Given that, they are unable to do DNA surgery without creating mutations. Any interference on an organism’s genetic makeup can cause permanent damage, hereditary defects, lack of nutritious food, or a spread of dangerous diseases. Even through the downsides of genetic engineering scientists have had a few breakthroughs. It can help us in our farming needs and also drugs for animals, and pesticides. For agriculture, engineering is used for†¦show more content†¦Now that there are new technologies, scientists are capable of helping doctors by creating life-saving technology. If a person is bleeding excessively and lacks the correct gene, doctors would insert a gene into their DNA so that a healing process in that person is now possible. Cloning is the production of something that is genetically identical to each other. The word cloning is the time when people get hesitant about the process of genetic engineering. When the word â€Å"clone† is used people automatically assume that an exact twin or ‘clone’ is developed, this isn’t the case. Through cloning scientists may be able to reverse the aging process, or come up with medical processes that can save hundreds of people’s lives. Say someone was involved in a serious accident. They are rushed to the hospital and after all that is done they are still given a 85% chance to survive. They are currently lacking an organ to sustain a stable body. Embryonic stem cells can be grown to produce organs or tissues to repair or replace damaged ones, this is credited to biotechnology. There are other possibilities that come with cloning and biotechnology, but with reward there is risk. With cloning, infertile couples could have children, but the child may have a mutation if not done with the utmost precision. Also because of human cloning and its technology the days of silicone breast implants and other cosmetic procedures that mayShow MoreRelatedGenetic Modification : Genetically Modified Organism1067 Words   |  5 Pages Genetic modification will improve life everywhere by helping to feed the hungry and curing the sick. GMO stands for genetically modified organism. According to the New Oxford American Dictionary, this means an organism containing genetic material that has been artificially altered so as to produce a desired characteristic. Generally, genetic modification happens one of two ways. First, picks the organism with desired traits and breeds it to another with the same traits, making the desired traitsRead MoreGenetic Engineering: Brave New World1012 Words   |  5 PagesGenetic engineering has been around for many years and is widely used all over the planet. Many people don’t realize that genetic engineering is part of their daily lives and diet. Today, almost 70 percent of processed foods from a grocery store were genetically engineered. Genetic engineering can be in plants, foods, animals, and even humans. Although debates about genetic engineering still exist, many people have accepted due to the health benefits of gene therapy. The lack of knowledge has alwaysRead MoreGenetic Engineering And The Human Existence1193 Words   |  5 Pages Why is genetic engineering crucial to the human existence? Initially, genetic engineering, also called genetic modification, is the process of manually adding new unique DNA into an organism. The objective is to add one or numerous new traits that are not already constructed in that particular organism. New DNA inserts in the host genome and immediately isolates and replicates the gene of interest by using molecular cloning methods to synthesize a DNA sequence; then inserting this construct intoRead MoreGenetically Modified Organisms And The Health Of The Population1177 Words   |  5 PagesGenetic engineering (GE) is the process of modifying organisms, usually to perfect them in some way. This process involves the changing of gene sequences in an organism by inserting different genes from two or more species into the chromosome of the organism being modified (Genetically Modified Food). GE is used in a wide variety of organisms including plants, animals, and, crops. The purpose of using these techniques in crops is to improve the quality of them. GE can yield multiple benefitsRead MoreShort Essay On How To Feed The Planet1596 Words   |  7 Pagesthrough the process of genetic engineering. This process allows scientists to directly change the genome of a plant to eliminate undesired traits and elevate desired traits. Humans haven’t always been able to directly alter the genome, but since the beginning of agriculture theyve bred crops with desired traits through selective breeding and crossbreeding. These processes allowed early farmers to create stronger crops and although it wasn’t as effective as modern genetic engineering, it paved the roadRead MoreBenefits Of Genetically Modified Foods1647 Words   |  7 PagesMost people consume genetically modified, or GM, foods every day without even being aware. While some do avidly monitor their food consumption and avoid GM foods, others simply eat GM foods because, to them, GM foods seem safe to consume. In â€Å"Genetically Modified Foods Are Not Safe to Eat,† osteopath, Joseph Mercola, advocates his concerns of consuming GM foods and stresses that more people need to be aware of what they eat. Even though some may still disagree that genetically modified foods are unsafeRead MoreHuman Genetic Engineering : Ethical Or Not?1117 Words   |  5 PagesKendal Gower Professor Fountain English 101 17 September 2014 Human Genetic Engineering: Ethical or Not? If man could prevent his child from having Tay Sachs Disease, Cystic Fibrosis, Down Syndrome and other life threatening genetic disorders, should he be able to? Using human genetic engineering, scientists have developed the skills and techniques to do just this. Human genetic engineering, however, is fairly new in the science world and many questions and unresolved problems still remain. ThisRead MoreGenetic Engineering Is The Making Of New Genetic Material Of An Organism From Pre Made Material1119 Words   |  5 PagesPeter Miller Mrs. Knetter IB Biology February 23rd 2016 Genetic engineering is the making of new genetic material of an organism from pre-made material. Generically, it uses ancient practises of selecting a certain organism to breed and hybridize. Genetic engineering is done by involving the manipulating the DNA. Restriction enzymes are used produced by different species of bacteria. Vectors are important in the DNA manipulation which carry fragments of DNA from organism to organism calledRead MoreGenetic Engineering : A World Where Autism And Downs Syndrome1270 Words   |  6 PagesGenetic Engineering Imagine a world where autism and downs syndrome are a thing of the past, and where there is no shortage on food for anybody. Over the years mankind has developed and improved technology to save more and more lives through the manipulation of the DNA that makes up all living organisms. However, there are those who oppose this approach. Despite the risks and ethical concerns, genetic engineering holds the potential to benefit humanity through both direct and indirect means. InRead MoreBenefits Of Genetic Engineering711 Words   |  3 PagesShould genetic engineering be allowed? â€Å"With genetic engineering, we will be able to increase the complexity of DNA, and improve the human race.† - Stephen Hawking. Genetic engineering is the genetic modification of an organism’s phenotype, also known as an organism’s genetic makeup. Genetic engineering can have its advantages and disadvantages, but I believe there are more advantages than disadvantages. There are a number of benefits that we can only discover if scientists consider to study and

Advanced quantitative analysis free essay sample

The paragraph has a few grammatical mistakes. Moreover, doesnt summarize what is exactly said in your essay. The report gives an overview of the agile and lean strategies that have been implemented in the MAS holdings, a Sri Lankan private company. The report starts with an introduction to the case study that is under discussion. Furthermore it provides the solutions to different problems that arise from the change process. Demand predictability and unpredictability is explained with an overview of how to deal with the changing condition. First, the lean supply chain strategy is implemented and its behavior on the overall value chain is explained with help of examples. Secondly, the importance of ethical behavior in business development is discussed. Moreover, the advantages that a company can gain strategically by informing the customers about the ethical practices being conducted are also explained. Company profile: The MAS holdings manufacture a wide variety of fashionable women apparels, leisure wear, sleepwear, undershirts and lingerie. The company also provides swimwear; sports, fabrics and accessories such as lace warp knit fabric, fortitude and lastics in Sri Lanka and works as suppliers for the major brands like Victoria secrets, Marks Spencer, Nike and GAP. The headquarters of MAS holdings is situated in Colombo, Sri Lanka. The company is privately owned by Amalean family with almost 34,450 employees. It provides the manufactured apparels to the most famous brands from its 21 factories that are located in 10 different countries. (Watson, 2006) 1. Introduction: about case study The case study about MAS holdings that is currently in review is about how the company is managing the delivery solutions to the global apparel industry. It gives an overview of global textile and apparel industry followed by an overlook of the industry in Sri Lanka where the headquarters are located. Because of low labor cost and different financial incentives given to the labor, there are over 1000 companies related to apparel manufacturing are operating in Sri Lanka. MAS holdings initiated a joint venture with MAST that helped the company to access other markets and prove its manufacturing excellence. One of the major goals of Amalean was to develop such strategies that results in meeting the demands ot customers wit n the ever hanging fashion trends. In this regard, the speed and flexibility in the operations were crucial to the success of the business. The company started backward vertical integration in order to keep running the operations in long-run as it was difficult to import raw material from countries like china and UK due to WTO trade restrictions. Another major goal was of information sharing within the company and bringing IT solutions in managing the operations that could provide a competitive edge to the company. The company started the SAP enterprise Resource planning solutions in 997 and become the worlds fourth apparel manufacturing company to do so. In order to speed up the production process to meet the needs of clients, MAS holdings need to enhance its operations. In this regard it need to figure out that whether lean manufacturing should be implemented in the operations that can produce stable volumes or the company should go into more agile strategy that is difficult to implement for challenging volumes. 2. Unpredictable demand: (r u giving solution or just explaining? MAS holdings currently run a business that is fast pace. To cope with the changing eeds of the customers, the company must lower its lead time. Apparels industry is a very dynamic industry as the demands change seasonally. In order to gain a competitive edge, the company needs to speed up its communication process within the company as well as outside and it can only be achieved when the companys IT services are well es tablished without any errors. As the company is dealing with I-JK and U. S top brands like Victoria secrets, Gap and Nike, the demand for the products become unpredictable at times. As these companies have enough competition in the market. Dian Gomes, the managing director of MAS holdings, in an interview with ATA Oournal for Asia on Textile Apparels) in 2009 explained that the competitive edge the company is having right now is its comprehensive and precise supply chain that keeps on extending with the changing demands. The nature of current supply chain is integrated and the company makes partners with other leading and globally renowned company for the supply of raw materials. MAS holdings suppliers are Noyon Dentelles (France) for lace, stretch line global for elastic fabrics and with texprint for fabric printing etc. Whats this? Solution or explanation? Seems without context) This is the solution. I have written the context above the paragraph 3. Predictable demand: (this seems normal explanation) In order to deal with the customer demand that is more predictable, the company is using lean manufacturing techniques like Toyota production systems in order to cut down the cost and the lead time. Phong, 2009). According to the case study, the company was still in the process of devising solutions for the problems that whether they should apply lean strategy in order cut down the lead time and makes large olumes of products or to be more flexible. These questions were solved when the company started using the lean manufacturing Just like Toyota productions in 2005. The lean strategy was the solution to one of the problems with regard to cutting cost and reduc ing lead time. *** As it was asked in instructions to use all the latest news regarding the topic thats why I have mentioned that the lean strategy is being implemented and that is why is have mentioned the importance of implementing lean strategy in the company that in what aspects it is benetlcial tor the company. Problem with current strategy: The problems with the recent supply chain strategy arise when the employees are not motivated to adapt to the changing new technologies and environment. The decision making process using the SAP technologies are only at an optimal level. According to the current case study, The IT managers at the company are not satisfied with the implementation of SAP system into the supply chain process. They are of the view that although employees were trained in such a manner that there be no errors in the data entry process but on the technical level the system is not tilized at even half of its capacity and on strategic level the employees are not able to make decision on the system. They are not mature enough to deal with the change process. Another problem that company is facing is to meet the demands of its most valuable customer; Victoria secrets. As Victoria secrets is in need to reduce the time of the cycle that is required for one design of an item to arrive in market. Being the suppliers to Victoria secrets, its the responsibility of MAS holdings to reduce their own lead time. It also includes the decrease in time to produce one item, reduction in ransportation time. 5. How the problems can be solved: Though MAS holdings have currently implemented the Toyota production systems (MAS holdings, 2012) (Phong, 2009) and are applying the lean logistics in order to deal with the massive amount of orders from its clients. According to Mayo (2010), the lean production system of Toyota includes the items as shown in fgure. Figure 7. 1 . http://txemainlogisticsworld. wordpress. com/2010/05/06/toyota- production-system-tps/ It is essential for the organization to build a strong agile base for its strategy. An article on daily news combines the business strategy with HR. the article implies that as the work load increases, the motivation of the employees decreases and they tend to perform Just at the base line of performance so they are not fired. But they do not show high performance and never exceed expectations. The Jobs are becoming dynamic and complex day by day. The employees require the staff to perform in such a way as to meet the desired performance level. It is only achieved by having the required skills, knowledge and attitude for the Job which is possible only with training the employees so they are able to cope with the changing needs (Daily News, 2009). Training the employes to deal with the changing demand is one of the solutions. They should be trained regarding their behavior and skills. The skills to use the SAP software upto full capacity can only be achieved by proper training 6. Importance of applying lean strategy: (you said before that Lean strategy is already being applied, then why are you giving reasons? ) I have changed the heading to importane of applying leand strategy. In order for the reader to fgure out that why lean strategy was applied. Its importance needs to be explained. I have given references A Report for U. S Environmental protection Agency by Ross Associates consulting (2000) shows the importance of using lean manufacturing Competition in the global markets force companies to reduce the prices by elimination the processes that ads no end value to the product. It helps in reducing cost. As Victoria secrets is one of the major clients of MAS holdings. Their demands are of top priority for MAS holdings. Victoria secrets wanted to reduce the 76 weeks cycle that took one design of bra to enter the market. It helps in reducing the time it takes for one bra design to enter the market. Customer Responsiveness is another major key. It means that companies need to work on the principles of Ford motor company in order to increase its efficiency and also to meet the Just in time customer demands that can be achieved with increasing volumes of production. In order to fulfil the demand of the customers to reduce the lead times so that the whole supply chain process can be finished with improved efficiency, MAS holdings need to reduce the transportation time from its own supplier. Consistent quality and desired outputs is another major reason as to why MAS holding should mplement lean strategy. According to Sehgal (2010), the lean and agile strategies can both be used simultaneously in order for a business to succeed. A misconception in using these strategies is that they are adequate for a company if used separately. They lean supply chain strategy focus on cutting the cost while it oversees the ever changing environment. While on the other side, an agile supply strategy responds to the changing environment but fails to deliver cost-effective results. So MAS holdings can take both the strategies simultaneously to meet the predictable and unpredictable demand. Wal-Mart is the best example that a company can apply both lean and agile supply chain approaches in order to make its mark. Wal-Mart sells its items at lowest possible rate sticking to the lean strategy while it adapts the agile strategy when it comes to clearing the store selves at discount and managing the overstocked stores. The optimization of inventory and transportation is conducted by using lean strategy of supply chain and in order to fulfill the store demand it used the agile strategy of cross docking that gives it a competitive edge. (Sehgal, 2010) 7. Implementing change management in lean implementation: The experts believe that in order to implement the change successfully, a company needs to transfer and install the change process deep into the system one step at a time. (Kovacheva, 2010) Step 1 . Changing the overall business culture to support the lean manufacturing: Apparels exports contribute to a major part of Sri Lankan Economy. The recent challenge that MAS holdings face in regard to the recent change in strategy to lean manufacturing. This change in strategy needs to be implemented throughout the group (Kovacheva, 2010). The complications arise when the deeply rooted culture needs to be changed. The change is implemented step wise. Changing the culture at MAS holding might not be a problem as the company eventually adopted the autocratic style of management due to business extension. But according to the case study the culture of young energetic ideas, sporting mindsets, social responsibility and performance still prevails. (How can you say this? Any reference? Lean and Culture are related? ) Step 2. Financing the training programs: The problems arise when the employees are not well trained and the company does not spend much on the training programs. Just like MAS holding IT software are not sed in full capacity by the employees as they do not have enough knowledge and expertise to make strategic decisions using the SAP sottware. According to Kovacneva (2010), the training programs are important to that extent that if the managers need to stop the productions for a while in order to conduct training programs they should not hesitate in doing so. Step 3. Communication of the new initiative by leadership: The third and final step is the communication of the new strategies being implemented in the system. The employees at MAS holdings are not used to autocratic style of management. The decision is made in different teams so they ight resist changing as the working hours of the employees will increase. At this level, the top management needs to inform the employees beforehand about the overall situation and to motivate them to work for the benefit of the customers. At this point the management can install some performance bonuses and other facilities inside the factory like clean environment, child care centers, health care centers for the employees so they can focus more on the product development. 0. 1mportance of ethical behavior in business development: According to Hill (2005), the importance of ethical behavior in any business evelopment can not be ignored as it sets the standards for what is right and wrong in the overall company. The relationship with the customers is based on trust. If a company is giving out its products at high prices and they are being mistreated and the sh ipment is not reached to customers on time then it will ultimately shatter the repute of the company and the customers will not be loyal. Similarly, compensation and equal opportunity for promotion and knowledge building must be provided to employees to they can perform with motivation. Furthermore a positive work environment and team work is essential. Being Ethical helps the company to avoid any legal problems as well. E. g. at MAS holdings, the workers are being trained and offered classes of English, financial management and IT through its Go beyond framework. 11. The risks of being unethical: Nowadays many companies are preferring money making over ethical practices. There are many risks associated with being unethical and not sticking to a standard code of conduct and industry regulations. 11. 1 Tarnished Repute: According to Zeiger (2000), the companies that do not apply ethical practices lose their credibility among people. This lack of trust on the company can affect its repute resulting in less business offers from the clients. Some of the companies might force their way out of the credibility issue by marketing campaigns but once a company is marked by people as unethical its repute is tarnished completely. According to Mok (2010), Gap holds factories in India that violates the child labor acts. The factory was raided and found that children at the age of 8 were also working in those sweatshop factories that resulted in a massive campaign against Gap. 11. 2 Employee Performance: Unethical behavior negatively affects the performance of employees. In order to achieve the given targets, the employees tend to practice unethically which results in more mistakes and more paper works with correction of errors. Sometimes they act unethically without getting noticed and the coworkers who believe in sticking to the ethical values stay behind and unable to complete the task assigned due to lack of motivation. This affects the overall performance of the company. (Zeiger, 2000) 1 1. 3 Legal Issues: The risks of being legally accused of unethical practices are many. The companies often have to pay large amount of practices for their unethical practices. Some ompanies believe in taking the risk and paying the fines for higher profits but in the long run these companies are avoided by the clients as customers do not want to be a part of legal practices and accused of being unethical. For example in 2008, an undercover investigation was conducted by a news channel in U. K. hat some of the Nikes contractors in Malaysia are confiscating the passport of migrated workers and forcing them for work in order to pay the immigration debt under contract. And in 2010 it was found that Nike still owes its old workers a severance pay of $2. 2 million. (Kon, 2010) 12. Maintaining transparency: In order to provide a healthy and ethical environment, the companies must enforce the code of conduct among all the suppliers, customers and employees. It is the duty of top management to maintain transparency and ensure that the rules and regulations are fully functional and communicated. 3. Code of conduct at MAS: According To Watson (2006), there are serious accusations on the apparel industry for being unethical in their behavior in order to get low prices. Child labor and sweat shop factories are used in the process. These unethical practices can tarnish the good repute of a company. The major brands dealing with apparels like Victoria secrets, GAP, Nike, and Marks Spencer have a reputation to maintain and they all prefer MAS holdings to be their suppliers as the company is conducting the following ethical practices to maintain its good position in market. It empowered almost 92% of women employees at the company through education and skill development. It also provides the basic facilities like transportation, free meals twice a day, medical facilities for the workers and banks inside the factory premises. The operations are shifted near the villages so that women wouldnt have to leave their homes in order o get work. Furthermore the company doesnt employee people less than 18 years of age Hygienic and clean work place is provided to the employees with a safe environment which helps in increasing the performance. As mentioned on pg 53 of the case study, MAS holdings enjoy a distinct place in the apparel industry for being socially responsible. The overall organizational culture at MAS is supporting for the employees and they take part in decision making process. If the decision turns out to be wrong then another chance to rectify it is always there which gives confidence to the workers. The employees are motivated, hardworking and passionate with the minds that question the top management. The culture was of agile nature. 4. Awareness among customers of the ethical practices conducted by the company: When a company acts ethically and provides green environmental facilities it become news and customers automatically gets attracted to the new schemes as it is beneficial for the society on the whole. For example when MAS holdings started working witn S and provided green power during the manutacturing ot its MAS holdings immediately became popular among its other clients like Nike and Gap. (Sri Lanka Apparel, 2008). 5. Strategic advantages for suppliers and customers for being ethical: Some of the most important strategic advantages for the suppliers and customers of a company being ethical are: Improved performance of employees A morally upgraded position among the customers which results in trustworthy relationships Being ethical provides a competitive edge and other competitors will be forced to take the same steps in order to succeed. 16. Ethical Behavior as Marketing Technique: The ethical behavior can be used as marketing technique. Nowadays the companies that focus on CSR have more intangible assets like its repute, being fair to the mployees and customers, services for community and its adherence to UNs corporate values. According to Watson (2006), MAS holdings spend more on CSR rather than on marketing because whatever the company does for the betterment of society on the whole shows for itself. The major clients like Victoria secrets wants to work with those suppliers whose activities are not questionable. Conclusion: (needs rewriting, proper summary) It can be concluded that the company can improve its value chain by applying the agile and lean strategies. Both these strategies are required in order to solve the roblems regarding reduction in lead time and cost of production and to use the SAP software up to its full capacity. In order for these strategies to be implemented properly, the company needs motivated and well trained staff. Furthermore the companys ethical practices can serve as a marketing technique. Poor ethical practices can result in tarnished repute, poor employee performance and legal issues. Moreover, the ethical practices like employees skill development and education, transportation facilities, hygienic and clean workplace must be communicated to all the suppliers and customers to maintain transparency. These thical practices are strategically important as it improves employee performance, builds a trustworthy relationship with customers and the competitors will be forced to take same steps which are beneficial for society on the whole.

Zip Car Performance Analysis free essay sample

Zipcar is expanding rapidly since it was established in 2000. According to its latest 8-k form, for the 2012 first quarter, revenue increased 20% to $59. 1 million compared to $49. 1 million in the prior year period. Revenue growth resulted primarily from a 23% year-over-year increase in membership to more than 709,000 members at quarter end. But does it really have a sustainable growth to support its expanding and operation? We implement a rough accounting and financial analysis to evaluate its performance and forecast its future. Due to the high fleet cost and Selling, General and Administrative cost, Zipcar never achieved a net profit in its history. It had a net margin as (7. 5%) in 2010 and (2. 9%) in 2011, the trend is positive, showing the management’s effort to increase the revenue and decrease expenses. For the effectiveness of utilizing the assets, Zipcar achieved its asset turnover rate as 7. 0% in 2011, compared to 7. 5% in 2010. This down trend can also showed as Zipcar’s revenue per member went from $429 in 2009 to 2 in 2011. We will write a custom essay sample on Zip Car Performance Analysis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This may results from the average 20% growth rate of members, and most of the new members did not use the hourly service as much as the old members. For the leverage, it was 4. 15 in 2010 and 1. 17 in2011, the result is positive, and showing that Zipcar’s strategy on decreasing financing cost on acquiring and maintaining the large scale of vehicles (Cut down on loan and acquire vehicles through Assets Backed Securities (ABS) Facility) has been working. For the Return of Equity, even though it is still negative as (2. 4%) at the end of 2011, its loss on equity decreased almost 90% from 23. % in 2010. The investors may see it as a positive signal that Zipcar did its best to increase its profitability, and It implies a possibility that Zipcar may achieve other analyst’ estimated 2 million net incomes at the end of FY 2012.   Since Zipcar’s core business is providing â€Å"wheels when people want them†, there are two factors determining the revenue of Zipcar, revenue per member and number of its membership. From the Exhibit1, Average revenue per member decreased from $410 in 2008 to $360 in 2011. Going forward, revenue per member will continue to see further declines as membership grows. We assume that 2012 will have the same downside rate as 2011, (2. 5%). In this way, the average revenue per member will reach around $351 for 2012. For the growth of members, Zipcar has 0. 54 million members in 2010 and 0. 67 million members in 2011, with a growth rate of over 24%. But the latest 8-K form shows a growth rate of 23%, so we estimate the growth rate of membership in 2012 is the same as the first quarter, and the total members of Zipcar will be 0. 824 million. With the estimated revenue per member, we will have estimated revenue as $289. 22 million. Be conservatively, we assume Zipcar hold the same profitability as 2011, the estimated loss will be $2. 1 million for 2012, increased from $1. 953 million in 2011(Exhibit 2). From the financial perspective, we use the PB ratio and PE ratio to estimate its growth rate. In the assumption, we use the 10-year Treasury bond rate as Risk Free rate as 1. 89%. For the equity risk premium, forward looking approaches, as well as more recent historical data, suggest an equity risk premium in the 3 to 5 percent range. So we choose 3. 2% in this case. What’s more, we get the Beta as 0. 102 by using last one year’s monthly data of Zipcar’s historical price and the NASDAQ-100 stock index (Exhibit 3). In this way, from Exhibit 4, we get estimated growth rate from PB ratio as 6. 9%, estimated growth from PE ratio as 4. 5% and sustainable growth rate of (12. 9)%. These numbers support our forecast in accordance with the accounting data. Zipcar do have to solve its problem of cost management in operation and financing activities. On the other hand, the stock price of Zipcar plunges since the beginning of 2012, reflect the investors’ negative expectation for the value of the company, considering the increasing fuel expense and appeals of buying a new car with huge cash discount from dealers and manufacturers and so on. Zipcar must provide solid performance, improved profitability of company, growth of memberships, a variety of new services and reasonable dividend policy in the future, to attract investors to buy in their stocks.