Tuesday, May 26, 2020

Sample Essays and Speeches on a Place

Sample Essays and Speeches on a PlaceSometimes, the best way to describe a place is to quote what is known about it. In this case, quotations and sample essays are the best ways to describe a place. The sample essays are available online for the people who would like to write sample essays about a place.This is because the samples of descriptive essay about a place are easy to understand and can be found in many sources. The sources include books, magazines, newspapers, the Internet, and business advertisements. With this, the writing process can be simplified because there are several choices to choose from. The writers will also know which one they prefer.The more time they take, the better they will get at finding out the other such information that is available about a place. This will help them to make a truly quality sample essay about a place.It should be noted that the sample essays do not necessarily have to deal with a particular place. They can also be related to a particu lar time period or even be about a place in the United States. The writer should always keep in mind that there are many important things that must be included in the sample essays. They need to present a complete picture of the place in a specific period of time.For example, if the writer is writing a sample essay about a certain place in the United States, they must mention how it changed over the years and how it changed from one state to another. This may not seem like an important aspect but it plays a big role in the quality of the sample essay. The writer should also include the particular circumstances that were associated with the change.With the help of these samples, the writer can also identify if the place that is being described is still at the same level. This will give a better idea of whether the writer is getting an accurate description of the place.These samples can also be used by any writer who would like to write a descriptive essay about a place. All the resea rch has been done for the readers so that they can understand if the place they are visiting is what it is known to be. After all, the readers are the ones who will come to the place and want to know more about it.

Saturday, May 16, 2020

Study on a Critical Analysis on Wal-Marts Failure in Germany - Free Essay Example

Sample details Pages: 9 Words: 2581 Downloads: 2 Date added: 2017/09/16 Category Business Essay Type Argumentative essay Topics: Globalization Essay Did you like this example? A Report of A STUDY ON A CRITICAL ANALYSIS ON WAL-MART’S FAILURE IN GERMANY. Submitted to the Teesside University For fulfillment of the Assignment on Cross-Culture Management By MIDHUN JOSE Student Number: J9185582 Abstract Wal-Mart, the biggest retailer in the world, started its globalization with nine countries in Asia, Europe and South America. With its attempt to penetrate hypermarket culture in every country which it enters, many severe problems come into picture. In 1997 Wal-Mart continued its strategy of globalization, and acquired two German retail chains for $1. 6 billion. After eight unprofitable years, Wal-Mart backed out of Germany in July 2006 and sold the entire retails outlets to Metro AG. After dominating the US market for quite a long time, Wal-Mart expanded its market to Germany in 1997. In 1997 Wal-Mart continued its strategy of globalization, and acquired two German retail chains for $1. 6 billion. After eight unprofitable years, Wal-Mart backed out of Germany in July 2006 and sold the entire retails outlets to Metro AG. The Essay examines why Wall-mart was a big failure in its international operations in Germany on a Cross-culture perspective. Inadaptability and ignorance of local culture can become a big problem in global business, even for a Corporate giant like Wal-Mart with proven success formulas. Being number one in the United States does not always guarantee for being number one elsewhere in the world. It is very important to understand the pulse of the local market and culture of the clients exactly and should make strategies accordingly and exactly that is where Wal-Mart went wrong in Germany. COMPANY PROFILE Wal-Mart Stores, Inc. s the largest retailer in the world, the world’s second-largest company and the nation’s largest nongovernmental employer. Wal-Mart Stores, Inc. operates retail stores in various retailing formats in all 50 states in the United States. The Companys mass merchandising op erations serve its customers primarily through the operation of three segments. The Wal-Mart Stores segment includes its discount stores, Supercenters, and Neighborhood Markets in the United States. The Sam’s club segment includes the warehouse membership clubs in the United States. The Companys subsidiary, McLane Company, Inc. provides products and distribution services to retail industry and institutional foodservice customers. Wal-Mart serves customers and members more than 200 million times per week at more than 8,416 retail units under 53 different banners in 15 countries. With fiscal year 2010 sales of $405 billion, Wal-Mart employs more than 2. 1 million associates worldwide. Nearly 75% of its stores are in the United States (â€Å"Wal-Mart International Operations†, 2004), but Wal-Mart is expanding internationally. The Group is engaged in the operations of retail stores located in all 50 states of the United States, Argentina, Brazil, Canada, Japan, Puert o Rico and the United Kingdom, Central America, Chile, Mexico,India and China Wal-Mart’s entry and operation in Germany Wal-Mart’s initial entry into German market was through the acquisitions of renowned 21 store Wertkauf chain for an estimated $1. 04 billion in December 1997. It was followed one year later by the acquisition of In-terspar’s 74 hypermarkets from Spar Handels AG, the German unit of the French Intermarche Group , for â‚ ¬560 million. Thus Wal-Mart immediately became the country’s fourth biggest operator of hypermarkets. However, with a turnover of around â‚ ¬2. 9 billion, and a stagnating market share of just 1. 1 per cent, the US giant still was a negligible one in the German retail market. Even worse, with estimated accumulated losses of more than â‚ ¬ 1 billion, it is literally drowning in red ink although, according to Wal-Mart Germany’s CEO, Kay Hafner, its non food assortment, which accounts for around 50 per cent of its revenues, is profitable.. Instead of expanding its network of stores by 50 units by early 2001, as originally planned, the company has been forced to close two big outlets, while at the same time it was only able to fully remodel three locations into its flagship Super center format. Due to its problems the company also had to lay off around 1. 000 staff. On July 2006,Wal-Mart announced its official defeat in Germany and would sell its 85 German stores to the rival supermarket chain Metro and would book a pre-tax loss of about $1 billion (? 536million) on the failed venture. A Critical Analysis of Reasons for Wal-Mart’s failure in Germany: There were several factors that contributed to Germany’s unsuccessful business ride. Amazing management blunders have plagued Wal-Mart’s German operation from the very start.. Wal-Mart’s major mistakes on the German market may be summarized as follows. †¢ Cultural Insensitivity was the major reason of failure †¢ Entry to German market by acquisition strategy, †¢ Failure to deliver on its legendary â€Å"every-day low prices† and â€Å"excellent service† value proposition. Bad Publicity about the company due to breaking of some prevailing German law and regulations. In January 1997, Wal-Mart had first entry in Europe market with the acquisition of Wertkauf hypermarkets in Germany. Later in that year, Wal-Mart also acquired Interspar, another German hypermarket chain.. While its first move – the 1997 takeover of the 21 Wertkaufstores was indeed a shrewd one, given that company’s excellent earnings, its competitive locations, and its very capable management. Wal-Mart’s 1998 follow-updeal with Spar for 74 hypermarkets was widely judged an ill-informed, ill-advised act, for several reasons: Spar is considered to be the weakest player on the German market due to its mostly run-down stores, very heterogeneous in size and format, with the m ajority of them located in less well-off inner-city residential areas. Wal-Mart’s cultural insensitivity led to its failure in Germany. This Study focuses only on the flaws made by the Wal-Mart in its International operations in Germany from a Cross-Cultural Management’s perspective. Wal-Mart’s failure in Germany- A Case of cultural insensitivity: Most of the Global mergers and acquisitions failed to produce any benefit for the shareholders or reduced value, which was mainly due to the lack of intercultural competence. Lack of sensitivity and understanding of language barriers, local traditions, consumer behavior, merchandising, and employment practices irreversibly damaged Wal-Mart’s image in Germany. One of the main reasons that failed Wal-Mart in Germany is when it attempted to transport the company’s unique culture and retailing concept to the new country. The top management refused to even acknowledge the differences in customer behavior and culture in Germany when compared to its US customers, and the top management failed to listen to the feedback from its employees. Not every new cross- border retailer can be a retail giant outer its home. The mistake of exporting its culture wholesale, rather than adapting to local market, leads Wal-Mart failed in Germany market. Wal-Mart’s ambitions to position itself profitably in European markets through Germany have been hit badly by their inability to fully understand and to adapt to the specific conditions of doing business in other countries. This exposed their obvious lack of intercultural competence and management skills. The main challenge of post-merger integration is further complicated significantly if it is in a Cross-border Merger or acquisition, with all issues frequently being compounded by a lack of language and culture bridging skills. Failure to accomplish this task satisfactorily, results in mutual distrust, de-motivation and negatively impacts th e merged companies competitiveness, profits and shareholder value. This is exactly what happened to Wal-Mart Germany. Following are the main two factors that Contributed to the Wal-Mart’s unsuccessful efforts in Germany: 1)Specific Difference in German Consumer behavior and Culture in comparison with US consumers: The biggest mistake of Wal-Mart was to ignore the local culture, local buying habits and impose an American boss on its German operations. Wal-Mart stores are designed for customers who are willing to spend lot of time shopping. But in Germany, the shopping hours are shorter: Shops close by 5 PM on weekdays, and no shopping on Sundays. This meant that customers don’t have the habit of spending lots of time in a store wandering around for the things they need. Coupled with this problem, German customers do not like to be assisted by Wal-Mart’s friendly store assistants. Germans prefer to do their own search for bargains. Instead of understanding and adjusting to the culture of its clients, Wal-Mart tried to impose their Culture on to the Customers, which never worked out. Germans like to see the advertised discount products upfront without having to ask the store assistant. This implies that the discount products must be placed at the eye level. Instead Wal-Mart chose to use its US style merchandise display strategy where premium priced products are kept at eye level and discount products are kept at higher shelf or in the bottom racks. This irritated the German shoppers. Wal-Mart also got its store inventory wrong, Wal-Mart stocked its store with clothes, hardware, electronics and other non-food products were given much bigger floor space than food products, as a result more than 50% of the revenue was from non-food products. But other German retailers stock more of food products. For example for Metro, food products constitute more than 75% of the revenue. Germans prefer to bag groceries themselves into reusable ca rriers, or at least to pay a small fee for the avoidable sin of needing a plastic bag. German’s are introvert in nature and doesn’t like display of emotion in public, as they always care for their private personal space. Employees, like the reserved customers, didn’t care for Wal-Mart’s public displays of corporate moral such as the morning cheer. The German Customer’s even didn’t liked to be accompanied by the Cheerful employees either, as they would like to make choices by themselves. These are cultural misunderstandings as well, but one could say the cultural philosophy of Wal-Mart could not survive in the context of a German culture with a Happy Planet Index significantly higher than Americas 2)Inefficient Top Management which ignored the relevance of local Culture: It was clear that the cultural insensitivity of Wal-Mart started right at the top management. To begin with, it appointed four CEOs during its first four years of operatio n. The first head of German operations was Rob Tiarks ,an expat from the USA who did not understand Germany or its culture. He had previously supervised around 200 Supercenters in America. Not only did he not speak any German. Due to his unwillingness to learn the language ,English was soon decreed as the official company language at the management level. He also ignores the complexities and the legal framework of the German retail market, ignoring any strategic advice presented to him by former Wertkauf executives . This has resulted in the resignation of top three management executives from Wertkauf. His successors were also unsuccessful in integrating German Outlets with the Wal-Mart’s Business model and culture. Suggestions and Recommendations: Cross-border, Cross-cultural business is a challenge even for the biggest companies. Companies have to be sensitive to the local cultures and tailor their offerings to local market. To localize their offerings, Wal-Mart and other Companies that are going global companies must carry out cultural assessment of the Citizens of the Country before acquisitions. All their Corporate Business and Communication strategies should be based on this cultural assessment. This will help companies measure the effectiveness of its localization efforts and make adequate changes in local strategy tactics as and when required. Considering the following steps would help Wal-Mart or any other Company while they are on lookout of Global alliance or business. 1)Political, Social, Economic and Cultural Analysis of the Country Before expanding its business operations to a new country, the Company should understand the Political, Social, Economic and cultural aspects of the Country in depth. Wal-Mart’s case, Germany was selected primarily because of a central European location and economic attractiveness of the Wertkauf acquisition. But a serious research would have shown that Germany had strong national values res istant to change; possibly the most deeply rooted retail traditions in Western Europe. This could have avoided either Wal-Mart’s selection of the Country or the strategies it has adopted in Germany. 2)Go global and think they are local After conducting an in depth research about the prevailing trends in the customer’s Country, the Company should be ready to modify its own identity to suit itself to the cultural differences without compromising much on its Corporate Mission. This step will also force organizations to clearly define globalization goals. Wal-Mart put the company name on many German stores before being fully established. Immediately, the run down stores left an impression on consumers who formed a negative image of the Wal-Mart name. 3)Employment of Cross-Cultural Management approaches like Hampden-Turner and Trompanaars Analysis: Employement of Hofsted’s Culture Dimensions or HTT Analysis will help Companies in understanding the minute cultural differences between the countries. For example, Communitarianism over Individualism Germans degree of communitarianism is on the higher side mainly because Germans prefer participating on a team. Most Germans see business as a group of related persons working together. But, most of Americans see their company as a set of functions, tasks, people, machines and payments in which individuals compete. This difference in Cultural dimensions between the 2 countries has resulted in inside management conflict among the employees, which also resulted in resignation of efficient German executives from Wal-Mart post integration. Understanding the cultural dimensions of a Country through proven Cross-Culture models will always help a company to formulate a specific approach that will encourage team spirit and joy among the Global Team. 4)Continuous Updation of Strategies to successfully withstand the local competition It is very important for a Global firm to continuously analyse the impa ct of their various strategies on the local market. Understand the shortfalls, and modify it in such a way as to cater the local market in a much better way than the competitors. It is always better to scrutinize the strategies adopted by them with a panel of Local experts, as they will be having a better picture about the local consuming behavior and culture. Perceptions do matter a lot, So a surveys to find the customer’s perception about the company will also help them to change their strategies accordingly. Conclusion: Even though Wall-Mart was the Biggest of the companies, while going Global understanding the culture of customers, employees of the new Country is very critical for the success. The achievement in the U. S. market cannot always guarantee that Wal-Mart will also success in anywhere else. Companies need to understand the local culture in order to capitalize on the local market. The lessons learned from Wal-Mart’s experience in Germany, can be app lied by other retailers who are planning to go global for expanding its market. . If the worlds largest retailer had taken the time to analyze the German mindset, it could have avoided a very painful lesson when Germans rejected Wal-Marts American-style which was highly successful in home country. References: Books: Trompenaars, Fons (2000) Riding the waves of culture : understanding cultural diversity in business, London : Nicholas Brealey. Schneider, Susan C (2003) Managing across cultures, 2nd ed, Harlow : Financial Times Prentice Hall Websites: 1) https://Wal-Martstores. com/AboutUs 2) https://business. timesonline. co. uk/tol/business/industry_sectors/retailing/article694345. ece https://www. geert-hofstede. com/hofstede_germany. shtml 3) https://www. iwim. uni-bremen. de/publikationen/pdf/w024. pdf 4) https://walmartwatch. om/international/country/germany NewsPapers: 1)Times Online (2006) â€Å"Wal-Mart pulls out of Germany at cost of $1bn†, 2006 July 29th (https://b usiness. timesonline. co. uk/tol/business/industry_sectors/retailing/article694345. ece) 2) The Atlantic Times â€Å"This Is Not America. Why Wal-Mart left Germany†, September2006th (https://www. atlantictimes. com/archive_detail. php? recordID=615) 3) The NewYork Times â€Å"Wal-Mart Finds That Its Formula Doesn’t Fit Every Culture† 2006 August 2nd (https://www. nytimes. com/2006/08/02/business/worldbusiness/02walmart. html) Don’t waste time! Our writers will create an original "Study on a Critical Analysis on Wal-Marts Failure in Germany" essay for you Create order

Wednesday, May 6, 2020

Differences between New England and the Chesapeake Regions...

Differences Between New England and the Chesapeake regions Although the English settled into both the Chesapeake and New England regions, they had formed into two completely opposite communities. Both regions came to America for different purposes. Whether the founders of this land was to make a profit, farm more land, or seek religious freedom, they did it to please their own intentions. There were many differences between the two regions, however two main places where they were opposites, were their lifestyle and their religion. New England is composed of Massachusetts, Rhode Island, Connecticut, and New Hampshire. The founders of this region were families with many children (Document B).They sought religious freedom and a place to†¦show more content†¦John Winthrop wrote that they would make others conditions our own, rejoice together, mourn together, labor and suffer together (Document A). This meant that they would be united as one and work together. New England had a s et of goals to achieve. Number one was to walk in the way of the Lord. Number two was to have 40 families in their town that are mixed between rich and poor. Number three was that everyone would have a place to live. Number four was that everyone would share the land and have a portion of farming area (Document D). The Chesapeake region included Virginia, Maryland, New Jersey, and Pennsylvania. The reason why this area was settled was to find valuables, such as gold and silver, that they could sell for money. Many people worked in gold mines. According to Captain John Smith, There was no talk . . . dig gold, wash gold, refine gold, load gold. (Document F). Virginia is the hometown to The Church of England. This may be so, but it wasnt visited by many people. However, taxes were payed to support the church whether you were religious or not. Going to church was not a priority to the Chesapeake people. The founders of this region was not to search for religious freedom, but to make mon ey off of the new cash crop, tobacco. Almost every plantation had some growing tobacco. Since there was so much of this crop being farmed, the Chesapeake people, unlike New England, owned slaves to harvest the plants. Very few women moved to theShow MoreRelatedDifferences in Development between the Chesapeake Regions and New England 1555 Words   |  7 PagesDifferences in Development between the Chesapeake Regions and New England The seventeenth and early eighteenth century, brought thousands of immigrants to America in pursuit of freedom and a new life. Some desired freedom from religious persecution, others wanted a chance to be free from the poverty that ensnared them in England Thus the American colonies were formed. Although the colonies were all united under British rule, they eventually separated into various regions including the ChesapeakeRead MoreNew England and Chesapeake Regions Before 1700718 Words   |  3 PagesThe New England and the Chesapeake regions were both settled by immigrants from England. However, by 1700 these regions developed into two extremely different societies. There were a few major reasons why this happened. Immigrants that settled in the New England region came to the New World with different goals than the immigrants that settled in the Chesapeake region. In general, the settlers in the Chesapeake region were more materialistic than the settlers in the New England regi on. DifferencesRead MoreThe New England And Chesapeake Colonies1471 Words   |  6 PagesThese colonies are generally divided into New England, Middle and South or the Chesapeake regions. Most of these colonies were settled by the British, yet they developed differently as the years went by. Some developed into more egalitarian colonies and some not. The greatest differences could be seen in the New England and Chesapeake regions. Even though the New England and Chesapeake regions were settled originally by The British, they had their own differences which were influenced by many of factorsRead MoreSocial, Economic and Political Differences Between the New England and Chesapeake Colonies709 Words   |  3 PagesEuropean nations quickly colonized the New World years after Columbus’ so called discovery. England in particular sent out a number of groups to the east coast of the New World to two regions. These areas were the New England and the Chesapeake regions. Later in t he late 1700s, these two regions would go though many conflicts to come together as one nation. Yet, way before that would occur; these two areas developed into two distinct societies. These differences affected the colonies socially, economicallyRead MoreThe Chesapeake Region and The New England Region Colonies Essay1584 Words   |  7 Pages The Chesapeake region and New England colonies greatly differed in their development of their two distinct societies. The Chesapeake region was a loosely fitted society with little connection with each plantation while the New England colonies had tightly knitted communities with a sort of town pride. The difference in unity and the reason for this difference best explain the significant disparity between the dissimilar societies. The New England and Chesapeake region had evolved into two differentRead MoreChesapeake Colonies vs. New England Colonies933 Words   |  4 Pagescolonies emerged from England in the New World. The two colonies were called the Chesapeake and New England colonies. Even though the two areas were formed and governed by the English, the colonies had similarities as well as differences. Differences in geography, religion, politics, economic, and nationalities, were responsible for molding the colonies. These differences came from one major factor: the very reason the English settlers came to the New World. †¨The Chesapeake colonies were primarilyRead MoreThe New England And Chesapeake935 Words   |  4 Pagesseparated into different regions among America. Two specific regions that many historians tend to articulate about. Consisting of Massachusetts, Connecticut, Rhode Island, and New Hampshire, the New England region presents many intriguing ways of achieving their goals. Likewise , the Chesapeake Bay, which contain Virginia, Maryland, North Carolina and part of South Carolina, also have their own ways of achieving different goals. While many focus on the differences of each region, others focus on the similaritiesRead MoreSocial, Economic, and Political Differences between the Southern Chesapeake Colonies and the New England Colonies952 Words   |  4 Pagesthere started a migration to the new world by people of English origin. This migration first started in the south known as the Chesapeake region. Further along, as social, political, and economic events occur, this migration expands north to what would eventually be known as New England. Before the 1700’s, the two regions evolved into two distinct societies because of their differences as to making money and religious views. The Chesapeake region and New England differed socially in many waysRead MoreCompare And Contrast The Chesapeake And New England Colonies1071 Words   |  5 Pages After Spain’s era of domination in the New World, the English also started to establish colonies and settle in the New World. To encourage the colonization of the New World, England offered charters to Joint-Stock Companies and individuals to set up colonies in the New World. Although the Chesapeake and New England settlers both migrated from England, the two regions of the New World developed into distinctly different societies due to different economic reasons, types of people, and political organizationRead MoreThe New England And The Chesapeake Colonies Essay1476 Words   |  6 Pagesvigorously began to take over the newly discovered Americas throughout most of the 16th century leading into the 17th century. England was very forceful in pushing out multiple groups of people to the eastern coast of what is now known as North America. At that time there were only two prominent regions in North America, they were known then as the New England and the Chesapeake colonies. The se two colonies would eventually band together to stand as one nation, but that was toward the end of the 17th

Tuesday, May 5, 2020

The Move free essay sample

The cold White winters but beautiful summers of the place where I live would never be the same again. I interacted with the same close family, and under the same familiar roof. The only time we left home was when my family, and I would go on vacation. In 2007, I had moved to Texas. For the first 3 months we had to live in a hotel. Living in a hotel was not easy. I had to share a room with my sister, but not only was that hard we couldnt have a normal holiday. A week after Thanksgiving is when we had finally found a house to rent. Moving to a three bedroom home when there is seven of us made living together even worse. I had to share a master bedroom with my sister and brother. My parents and soon to move down grandparents had their own rooms. When leaving my grandparents to move made me upset, but finding out they are moving down made living in Texas easier. We will write a custom essay sample on The Move or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page When they arrived I knew they would help us find a place to live, where we would all have your own rooms. About 7 ? months later we had finally found a house to permanently live in. MY mom said it would take about a month for the papers to become final. Although waiting for the month to end was so hard, it was worth it. Seeing the moving truck sitting in the drive way meant the move was final.NO more moving around place to place. As I was moving boxes in my room it had me thinking about how I get to finally stay at one school. That meant I would get to make my long term friends. Even though I would have to change my whole life style, I knew in the end it would mean a better life. Getting over the challenges with living situation, had brought my family closer. It brought us closer by us building stronger relationships with each other.