Thursday, October 31, 2019
How self-concept, perception, and emotion impact interpersonal Essay
How self-concept, perception, and emotion impact interpersonal communication - Essay Example a brief overview of the theories that are relevant in interpersonal communication, analyze how these theories are relevant in producing effective interpersonal communication, and how interpersonal communication as a process can be manipulated to produce better communication outcomes. Interpersonal communication is the process of interacting between two different individuals, which can be done either face-to-face or through other forms of mediation. It can be studied in four different perspectives: relational or qualitative; situational or contextual; quantitative; and functional or strategic. In the relational perspective, interpersonal communication is seen as a shared process between the sender and the receiver. There is simultaneous interaction between the sender and the receiver, with the aim of creating meaning. In the situational or contextual perspective, interpersonal communication is viewed as part of the specific context to which the sender and the receiver belong. The quantitative perspective is unique from the other perspectives in that it also encompasses not only dyadic interactions as is but also impersonal communication. Functional or strategic perspective emphasizes interpersonal communication as a process to achieve a certain purpose, particula rly, to achieve interpersonal goals (Honors, 2001). Interpersonal communication has four basic elements: the senderââ¬âthe person from whom the message comes from; the messageââ¬âthe information being sent by the sender to the receiver; the receiverââ¬âthe person to whom the message is being sent to from the sender; and the feedback or the response of the receiver to the message sent by the sender. Emotion is a complex concept that refers to the mental state that provokes a physiological response, positive or negative (Emotion, 2003). It is differentiated from feeling in that emotions are physiological responses and does not arise from any conscious effort. Theories on Interpersonal Communication usually
Tuesday, October 29, 2019
Reflections on Connection of Chemisty to Franciscan Value Essay
Reflections on Connection of Chemisty to Franciscan Value - Essay Example One must acknowledge that this concept is similar to the Franciscan value of transformation as it applies in the life of an individual who realizes the need to change aspects of living or character traits whenever a critical situation calls for it though such event occurs within the same person and transforms him or her not physically. Thus, during transformation, the nature or identity is kept because the energy stays as energy and the person is still a person but the difference between the initial and final states would necessarily distinguish one form of energy from the other and if a person has improved or worsened compared to the first condition. ââ¬Å"Diversityâ⬠, as another Franciscan value, may be perceived in Chemistry subject as it pertains to various possible chemical reactions that proceed spontaneously out of four types being simple, combination, single replacement, as well as double-displacement. In school, students come from different socio-cultural backgrounds and while this sets barrier in communication, dealing with classmates of diverse ethnic origins helps one learn to adjust with different types of people. Likewise, chemical compounds whether ionic or covalent are formed out of reactants in diverse number when a metallic element combines with another metallic or non-metallic element to produce one such type of substance. Then when this is made to react with other substances of distinct atomic composition, a diverse set of products may be recovered yielding useful materials that are available for regular human consumption. The value of diversity in an academic institution works in the same manner for the challenges encountered on interacting with individuals under a variety of circumstances and personalities pay off by providing opportunities toward personal growth. Besides transformation and diversity,
Sunday, October 27, 2019
Globalisation Today Throughout The Modern World English Language Essay
Globalisation Today Throughout The Modern World English Language Essay Globalisation means the extending the relationship and broadening interdependence amongst different people from different parts of the world (Daniels et.al, 2007: 6). In todays world the process of globalization has developed to such an extent, that it is argued that there are few companies that operate solely in their domestic market (Kotabe and Helsen, 2008:20). To support the above statement According to Whettingsteel (1999:19) has estimated that 70% of UK companies have business partners outside the domestic market. Apart from that do not actively sell abroad, still face foreign competitors in their own domestic markets. Whereas many domestic oriented companies get there raw materials, components, or labour from abroad (Worthington and Britton, 2006: 368). Further on In business operation management, Manager has to manage conflicts within the organisation but these conflicts are heightened in the management of international operations due to the different national culture of work force. Manager as well as marketer requires the understanding of the consequences or effects of cultural differences of language, religion, value, system, customs, and education in the cross cultural organisation while working or marketing a product. And cultural factors are least tangible but in some ways the most important of the factor which should be taken into account while doing international business (Forrester). According to Czinkota et.al (1996: 298) defines Culture, à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦ it is an integrated system of learned behaviour pattern that are characteristic of the member of any given society. Whereas it include certain elements such as language, religion, value, attitude, manner and customs, aesthetics, education and social institutions. According to Lee and Carter (2005: 424) agrees and says that à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦ trust, commitment and communication are a required pre-requisites for the development and maintenance of good rela tionship. Where communication is majorly an indicative of spoken language which is established factors in cross cultural business interaction where language is considered as important key element or factor because other factors such as trust, commitment, cultural affinity, experience etc are accessed through the use of language. According to Swift à ¢Ã¢â ¬Ã ¦culture is the door to a market and language is the key to that door. The above statement is supported by Holden (1989: 9-10), à ¢Ã¢â ¬Ã ¦..Whereas marketers have accepted that language is a facet of culture, they come to find it more productive to see culture as a facet of language. Whereas according to Worlds foremost linguists and literacy scholar George Steiner (1975), à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦.the application of the concept of exact science to the study of language is an idealized simile (Holden, 2002: 230). And language provides a bonding to whole process of relationship development of business (Swift, 2000). Due to which it can be said that Foreign language competence is a major component of successful cross-cultural relationship development through which companies are looking for development of international relationship (Swift, 2008: 3). High level foreign language competences can advantage an likely to build up in terms of acquiring a better understanding of foreign business culture which may confer some benefit in selling and negotiation (Clarke, 1997:80). Whereas international business literature on one hand and linguistic literature on the other appears to say very little on the importance of particular language in relation to the international activities of firms and the economic, political, and technological power associated with individual languages (Nigel 1989: 1). Language also has a vital role in process for communicaton. The process of Communication: Model of communication process comes in many forms such as verbal, non-verbal and mathematical. On the other hand regardless of other models forms it share three basic element such as sender, message and receiver (Delozier, 1976: 2). Where sources (Sender) is a person or group of people having a thought to share with some other person or group. For e.g. group of people who are viewed as singular sender or receivers are the United States governments, the internal revenue service. After that Encoding, this is process of putting through into symbolic form which is controlled by sender for e.g. printed or spoken words such as in marketing, a magazine advertisement and television commercials. The next element is channel; it is a way in which messages moves from sender to receiver such as media, Television etc. According to Lasswell (1971: 84), is also known as media analysis. After Channel, Decoding is a next element which is Vice versa of encoding where receiver has to send the transform ing message symbol back into thought. And at last the receiver where person or group with whom the sender share his thoughts for e.g. In marketing, the receives are known as the prospective and present consumers of the firms product (Delozier, 1976: 3). Sources: model of communication process But in the above process of communication the key element of effective communication is encoding and decoding which is very important to understand (Swift, 2008). Because sometimes if the message is not decoded or translate properly to a receiver or if receiver unable to understand the language of the sender then It is not of any use. For e.g. Rural areas in India where any company advertising their produce in English language and most of the rural population is not able to decode it properly then there is a no use of such advertising. Company would directly incur a loss. According to Miller (1963: 7) says that, à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦..if the people communicating are unfamiliar with the code or if they are unable to distinguish amongst the symbols, errors become likely. Sometimes within the same language the same thing can occur such as technical and professional jargon, where language is understood by people working in the industry but appearing meaningless to an outsider, even if the outsider is speaking the same language. So it is clear that encoding and decoding process must work within same culture context or frame work (Swift, 2008). So In the process of communication language plays a vital role in market which includes Verbal communication as well as Non Verbal communication. Where verbal language is divided into written or spoken language in four main areas such as: Syntax (rules of sentence formation), semantics (System of meaning), phonology (systems of sound patterns) and word morphology (word formation) (Keegan and Green, 2005: 126). And Non Verbal communication is an oldest method of communication where no oral or written language and body language was the sole means of communication (Bolton, 1979:78). It includes Kinesics (gestures, touching, liking, conviction, emotions etc) and Proxemics (personal space and territory) (Swift, 2008: 45). It is communication process plays a vital role in marketing such as while informing, pe rsuading and negotiation. According to Clarke and Wilson (2009), says that language is considered as an important tool for marketer on the bases of three different factors which are explained in detail as follow: Informing: For a Marketer it is important to keep in mind while informing about the product in particular country should use a local language or translate. There is an good example based on informing and selling of product said by Germany, s ex- chancellor, Willy Brandt: When I come to sell to you in England, then I will speak in English but when you come to sell to me in Germany then you must speak German (Weber, 1989: 159). An example of information provided on the bases of language such as marketing done in India where information are provided in form of verbal language and non verbal language of communication such as a TATA product i.e. Tata sky DTH and Airtel product i.e. dish TV. In their following advertisement such as In Tata sky DTH advertisement are based on the informing about the product in technical ways by using the brand ambassador of Bollywood actor Aamir Khan who is known as a perfectionist in the entire bollywood industry. His advertisement is based on verbal communication wer e the words spoken from an actor indicating directly about the product. The punch line is Isko laga dala toh life Jhinga la la where as Airtel product i.e. Dish TV advertisement are based on emotional factors while informing the people about the product by using emotional guesters such as old couple love story. Their brand ambassador Shahrukh Khan who is known as the King of Emotional Drama in entire industry of enterainment. Where in his advertisement the emotional factor, body language, guesters etc were use to indicate about the product to people. And the punch line of Dish TV is ghar aayi zindagi which means it bought new life to your house it indicates emotions. So as he know India has an High context Culture factor where the emotional part such as gestures compare to Low context culture for countries such as America where clear communication modes (Kotabe and Helsen, 2007: 127).But sometimes while informing about the product the marketer need to keep in mind about the use of p roper language such as In United Kingdom the snickers bars were sold under the brand name of Marathon because they felt the name was too close to the English idiom for female Lingerie (Knickers) (Kotabe and Helsen, 2007:115). Whereas in Middle East countries, are male dominated countries where if any gestures used while informing about the product should be respectful because mixing men and women in focus group is prohibited in Saudi Arabia and if the advertisement are related to women they should be shown with total respect on television cameras . Where in China, marketer should keep in mind while informing about product to the people such Book which pronounced as Shu which sounds as I hope you loose and the word Clock pronounced as Zhong which sounds as death. Persuasion: According to Austin, Persuasion is the communication act that carries out both these goals such as an audience that has been persuaded has understood an expression or utterance and other one believes its message (Tailard, 2000:145). Persuading someone is like performing an act (roughly that of affecting someones belief or desires) using some form of communication usually language (Tailard, 2000: 146). And the word To persuade is typically given as one of the first example of Perlocutionary by speech act theorists for e.g. Locutionary act: which means saying something such as young woman holds up a bottle of Coca-Cola and shouts Coke is the real thing in front of Television camera. Illocutionary act: are performed in saying something such as a young woman is shouting Coke is a real thing where she asserted that a product called Coke is the real thing. Perlocutionary act: are performed by saying something such as a young woman shouting Coke is the real thing where she is persuaded millions of television viewers around the world that drinking coke is a worldwide experience (Austin, 1962:102). According to (ibid: 101) says that At the end the effect of Perlocutionary acts as major effect upon the feeling, thoughts, or act of the audience or of the people or of the speaker which is an comes under non-verbal communication. Where there should be proper use of language consider the market of particular country while advertising about the product. Negotiation: A process through which parties move from their initially divergent positions to a point where agreement may be reached (Steele and Beasor, 2007:3). Whereas According to Cellich et.al (2004: 25), the concept of negotiation is interpreted differently from one culture to another for e.g. In U.S. negotiation is a mechanical exercise of offers and counter offers that leads to a deal which is cut and dry method of arriving at an agreement whereas in Japan, negotiation is sharing information and developing a relationship that may lead to deal. Sometimes negotiation style used so effectively that domestically it can be inappropriate while dealing with people from other cultural background. Indeed it can be more harmful than gaining (Gulbro and Herbid, 1995: 4). In some countries such as Greek sees contract as a formal statement, announcing the intention to build a business for the future and the negotiation is completed on when work is accomplished. Where as In China, approach is rather to establish a negotiating process based on human relationship and often dependent on nature and concern of creating a bonding of friendship (Drew and Herbig, 1997: 20). According to Petcher (1992: 47) says that, there are four aspects of culture are especially important in negotiating well such as spoken language, body language, attitude towards time and attitude towards contracts. There is an example based on above statement which negotiation between American and Japanese , where the same spoken word can have three different meanings and direct refusal are considered as impolite. Sometimes words used by Japanese are does not have the same thing to an American or European such as words like difficult and it will take some time means no. and not even the body language is same such as in Japanese audibly sucking air through their teeth means they are feeling pressured and where as hearty handshake convey the sincerity in New York and London which make Asian Uncomfortable (Cellieh et.al, 2004: 12). According to Turnbull and Welham says that the ability of communicate with a buyer in his own language leads to a lowering of the psycho social barrier to interaction. Whereas a Psychological disadvantage to the buyer of having to negotiate in foreign language which can be barrier to an socialization. And native language use can reduce the feeling of isolation and encourage developing more positive attitude towards foreign negotiator (Swift, 1991:44). To support this above statement there is an example given by Swift (1991:44), where an export sales executive working in Spanish market where he experienced the psychological disadvantage. He explained I am aware that sometimes they (Spanish people or suppliers) revert to their own language just to get an idea and while negotiating in English they talk between themselves in their native language. Role of Foreign Language in market: For achieving the success in foreign market it is necessary to communicate effectively with foreign customers or business partners (Swift, 2008: 81). And also for an marketer its an importance thing to understand or to speak according to local language due to which people can understand the language of marketer For e.g. In India today also 72% of Indian population lives in rural areas (Haub and Sharma, 2006).where they are not able to understand business language but its necessary for an marketer to speak in local language or national language of India to promote or want to sell their product to customer. Its like a marketer has to Think locally and act globally. And also according to Swift (1991: 36), one should accept to speak in customers language to do well in international market. To support the statement of Swift there is an example such as British companies will still need to speak the language of consumers in the countries where they trade. (Hurn, 2009: 303). And there is one more example such as at time difficulties faced by foreigners while doing the business with Italy when they assume that italian business culture is similar to France or Germany. But there culture is greatly dependent on contract fo which knowledge of the language is so vital for an marketer (Swift, 1991:43). English is considered as international business language for communication in any part of the world (MacDonald and Cook, 1998: 216). And According to Britannica World Data Book, (1992) it is said that 69 countries designated English as an official language. whereas in many Multinational companies in Europe such as Nestle , Erickson etc have considered English as their common business language for their internal communication (Kameda, 2000: 204) and also there is an example of internal communication where it was considered strictly by company called Asea Brown Boveri Group an Swiss multinational company where they made English as an official language for high level meeting, send letters to colleagues who stays in Sweden written in English said by CEO and Chairman Mr. Barnevic ( Taylor, 1991: 92). Apart from English, Other language should also be given importance in foreign market while entering into a business with particular country because According to European Commission (2005) say s that, Language Skills will be important in achieving European policy goals, particularly against a background of increasing global competition. Due to which some companies are making their staff to learn different types of languages which is most commonly used in market. There is an e.g. (ELAN) where Top 10 languages in which firms are training in their staff from last three year. There is a diagram which indicates that how much other language is given importance (ELAN report, 2006:1-2). From the above pie Chart indicate the top 10 languages in which firms have trained there staff in last 3 years. Where English (25%) have been an major Language which id followed by Germany, French, Italian, Chinese, Czech, Dutch, Portuguese, Danish, Estonia and other Language (ELAN Report, 2006). There is an example why companies are giving importance to other language as well such an Irish Exporter where two-third (62.5%) of Irish export are sold to customers whos native language is not English and it important that ability to communicate effectively in language other English should be a concern to Irish companies (Clarke, 1997:82). Language barrier: Holder (1989: 3), suggested that lack of understanding of the social and cognitive dimensions of language can be as important as the inability to understand the formal linguistic system.
Friday, October 25, 2019
Essay --
B00466902 Introduction to African History (AFST/HIST 283A) December 16th, 2013 1. (a) Africans and Europeans have relations that date all the way back to the origins of humans and human migrations. Scholars have hypothesized that Homo erectus found in Europe about 800,000 years ago originated and migrated from Africa Europeans and Africans also had religious relations; which is evident from the spread of Christianity, introduced by the Byzantines, throughout Africa specifically in North Africa, the Nile Valley, and the Horn of Africa. Aside from religious relations, Africans and Europeans also had economic and political relations as a result of European colonization and conquest of the African regions. Economic relations were a result of Europeans coming into Africa and taking natural resources to benefit from in the production of goods and trade. Another specific example of economic relations between Europeans and Africans is the practice of mercantilism, in which European nations were the mother countries and countries of Africa were the colonies. As the moth er country, Europeans, would take natural resources from the colony, African regions, to produce goods, which would then be sold back to the colony. This also attributed to the political relations between Africans and Europeans because the economic desires of the Europeans often led to them controlling the Africans to maximize profit and their own personal benefits; which is directly related to slavery, one of the biggest relations between Africans and Europeans. Slavery and the slave trade in turn created social relations because slaves were considered to be a class of their own. Another social relation that resulted from slavery was the creation a ââ¬Å"new raceâ⬠known as the... ...ural resources. Post independence Africans although not ruled by Europeans nations such as Britain, France, and the Dutch were still dependent on these nations for goods and other trading purposes. Culturally, post independence Africans and precolonial Africans were different because post independence Africans were greatly influenced by the mother countries that ruled them because their mother countries cultures were inflicted on them whether it was language, food, religion, or even clothing. Precolonial Africans and post independence Africans also differed politically in the aspect that precolonial African governments were more tribe like, while post independence Africans governments had western influence and some cases lead to dictatorships as seen in Liberia dictated by Samuel Doe, Zaire dictated by Mobutu Sese Seko, and Somalia dictated by Muhammad Siad Barre.
Thursday, October 24, 2019
Marketing â⬠Brand Essay
1. Executive Summary This report provides an analysis of the international marketing environment of fast- food industry in US and evaluates the international marketing activities of McDonaldââ¬â¢s, which is considered a key player. Firstly, the PEST framework is used to analyse external environmental factors influencing the industry. The Porterââ¬â¢s Five Forces framework is utilised to analyse the competitive rivalry within the industry, and its attractiveness for potential new entrants. Key players and their positioning was identified using a strategic-groups model, mapping brand value against global presence. Based on the industry analysis, McDonaldââ¬â¢s was identified as the market leader and an examination of their market entry modes was carried out. Their international marketing mix was evaluated to identify success factors, drawing focus upon international branding, international distribution, international communications and standardisation vs. adaptation of the service offering. An internal analysis identified the firmââ¬â¢s strengths and weaknesses whilst an external analysis considered the opportunities and threats posed to McDonaldââ¬â¢s as market leader. Finally, short and long term strategic and tactical recommendations were outlined in order to enhance McDonaldââ¬â¢s competitive position within the global fast-food industry. These recommendations are both realistic and well supported, based upon the evaluation of their current strategy and activities. 3 2. Introduction The global fast-food industry is dynamic with a variety of competitors. This report identifies the current factors influencing the industry before specifically focusing on McDonaldââ¬â¢s Corporation, who is considered as the current global leader. Based on this analysis, the report identifies several areas for improvement and makes strategic recommendations for McDonaldââ¬â¢s to enhance its position. 4 3. International Marketing Analysis? 3. 1. PEST Analysis and Environmental Impact Matrix (Macro Environment) The following framework provides an analysis of the external international marketing environment, relating to the fast-food industry: *These ratings are based on the authorsââ¬â¢ subjective judgement 5 Political Global fast-food firms must comply with country-specific political requirements, such as national minimum wage regulations, affecting costs. Hygiene and quality regulations vary significantly between nations and may influence the quality of products provided by fast-food outlets (FDA, 2012). Different countries set varying regulations regarding labelling and packaging. For instance the UK government pressured firms to promote healthy eating, and several fast-food companies have voluntarily included calorie information on their products (BBC, 2011). Economic Despite the 2008 recession and the resulting decrease in consumer confidence across the globe, average consumer fast-food spending has increased (The Economist, 2010) due to convenience and low-cost. Consumers are still looking for the convenience of eating out, but are drawn to the low prices of fast-food over table-service restaurants (Financial Times, 2009). Many fast-food chains have capitalised upon the recession by introducing new deals in addition to their already low-priced menus. Between 2005 and 2010, Latin America, Asia Pacific, Eastern Europe and Russia accounted for 89% of global growth in the fast-food industry (Passport, 2012). Social Increasing consumer awareness about healthy lifestyles has pressured many fast-food players to offer healthier selections within their menus (BBC, 2011). This includes offering low- calorie options and salads alongside burgers, and prominently displaying nutritional content. The fast-food industry has also been heavily criticised for targeting young children by including toys within childrenââ¬â¢s meals (New York Times, 2003). Recently in the UK, the broadcasting of ââ¬Ëjunk foodââ¬â¢ adverts during commercial breaks in childrenââ¬â¢s programmes has been banned (BBC, 2007), following increasing childhood obesity. 6 Technological As consumer familiarity with new technology increases, fast-food firms are using channels such as social media websites to engage with their customers. For example, McDonaldââ¬â¢s is the 9th most ââ¬Ëlikedââ¬â¢ brand on Facebook (CNBC, 2012) (Appendix 1). Additionally, digital displays allow outlets to change their menus efficiently, to suit the time of day (NRA, 2012) and self-service ordering points have increased service speed and reduced labour costs. Environmental Environmental lobbyists and governments are pressuring the fast-food firms to become more ââ¬Ëgreenââ¬â¢ (Greenpeace, 2012). Rainforests are being destroyed to increase the area of land for beef production to meet the demand for beef-burgers (Kline, 2007). Recycling is a prominent global issue and in response, McDonaldââ¬â¢s adopted recyclable packaging. Increased environmental awareness among consumers provides firms with a significant opportunity to position themselves as ââ¬Ëgreenââ¬â¢ to garner customer loyalty (National Pollution Prevention Centre for Higher Education, 1995). Legal Global operators must comply with country-specific regulations and legislation. This includes opening hours, taxation and employment regulations such as the National Minimum Wage Regulations (1999) in the UK. Firms are often required to meet national food standards such as the requirements set out by the US Food and Drug Administration (FDA). Furthermore, authorities are becoming increasingly worried about childhood obesity associated with the industry (WHO, 2012) and have tightened regulations regarding targeting children. 7 3. 2. Porterââ¬â¢s Five Forces ââ¬â Fast-food Industry This framework identifies the competitive forces affecting the fast-food industry: THREAT OF NEW ENTRANTS Industry dominated by global chains with very high brand values High brand awareness and loyalty. Retaliation from strong incumbent players Low initial capital outlay Low fixed costs Economies of scale POWER OF SUPPLIERS Many undifferentiated suppliers Fast-food chains have high purchasing power due to high volume COMPETITIVE RIVALRY IN THE FAST-FOOD INDUSTRY Fragmented market Low exit costs Low margin, high turnover ââ¬â drives competition High brand power POWER OF BUYERS High product differentiation Target many segments High price sensitivity THREAT OF SUBSTITUTIONS Alternative foodservice options Ready meals and home cooking ingredients Main players quite differentiated No switching costs. Convenience is the value adding component which is difficult to substitute 8 Threat of New Entrants ââ¬â Moderate The industry is dominated by a number of international Quick Service Restaurant (QSR) chains, including McDonaldââ¬â¢s, Burger King, Pizza Hut, KFC and Dominoââ¬â¢s (Datamonitor, 2010). These global brands are extremely valuable, boasting strong customer loyalty and recognition; indicating consistent quality and service. Key players including McDonaldââ¬â¢s, adapt their marketing orientation to suit local cultures and social norms (Datamonitor 2010), strengthening the brand and avoiding consumer alienation. New players struggle to compete with incumbent firms, as their brands are unknown and advertising campaigns are expensive. Established chains have the resources to retaliate aggressively through pricing promotions, deterring new players from entering the marketplace. New entrants lack economies of scale, which existing chains have developed over time, and utilise to remain competitive in this low-margin, high-turnover industry. However, social media websites have evened the playing field in terms of marketing communications; they allow firms to efficiently communicate their message inexpensively. Initial capital outlay and fixed costs are low, encouraging new entrants (Datamonitor, 2012). Threat of Substitutions ââ¬â Moderate Substitutes are readily available: food can be purchased almost anywhere, through foodservice or retail. However, convenience is the value-adding component of the service which reduces the threat of substitutes. Consumers can cook at home cheaply, but this lacks the convenience element which people require nowadays. Ready-meals are therefore a more substantial threat, competing with fast-food on price as well as convenience. (Datamonitor, 2012). If you are ââ¬Ëon-the-goââ¬â¢ however, without access to a microwave, QSRs are almost uncontested if you want a hot meal in a short timeframe. With many differentiated players (Datamonitor, 2012) and varying service offerings, customers can select the best value option. 9 Competitive Rivalry ââ¬â Strong Although McDonaldââ¬â¢s and Burger King almost hold a duopoly in the ââ¬Ëburger segmentââ¬â¢, the market as a whole is fragmented with many global chains and independent operators (Datamonitor, 2012). Competition is primarily cost-based with firms continuously investing in their production and service processes to undercut competitors. Exit costs are low and capacity is easily increased through franchising. Branding is the most prevalent weapon for competing; McDonaldââ¬â¢s spent over $650 million on global advertising in 2009 (Datamonitor, 2012). Power of Buyers ââ¬â Moderate Figure 1 shows sales and growth of the top ten fast-food companies (Euromonitor International, 2012). The marketââ¬â¢s competitiveness increases buyer power and customers are price sensitive (Muhlbacker et al., 1999) with no switching cost between providers. However, key players attempt to reduce buyer power, offering a product range which caters for the entire demographic, rather than one specific segment. For example, McDonaldââ¬â¢s target children with ââ¬ËHappy Mealsââ¬â¢ and professionals with breakfast options and take-away coffee (McDonaldââ¬â¢s, 2012). Firms are increasingly promoting differentiated products: McDonaldââ¬â¢s ââ¬Å"Big Macâ⬠, Burger Kingââ¬â¢s ââ¬Å"Whopperâ⬠and offers such as Dominoââ¬â¢s ââ¬Å"Two for Tuesdayâ⬠campaign. High brand value and customer loyalty has reduced buyersââ¬â¢ bargaining power. The 2011 ranking of the top 100 brands indicates McDonaldââ¬â¢sââ¬â¢ success (Interbrand, 2011). 10 Power of Suppliers ââ¬â Moderate Figure 1: Top Ten Fast-food Companies by Growth. With a competitive global supply chain, supplier power is limited. ââ¬Å"17,500 British and Irish farms that provide us with top-quality ingredients. â⬠(McDonaldââ¬â¢s ââ¬â UK, 2012) These farms supply Tier 1 suppliers who transform raw materials into food items, ready for McDonaldââ¬â¢s to cook and serve. Due to the number of suppliers in the industry, it is difficult for them to leverage significant power over fast-food firms. The supply of soft-drink is dominated by Coca-Cola (McDonaldââ¬â¢s and Burger King) and Pepsi (KFC) due to their global distribution channels. Additionally, Coca-Cola and Pepsi provide fast-food chains with equipment such as refrigerators and drink dispensers. This markets their brand and aligns it with fast-food brands, reducing costs for customers, which would otherwise be passed onto them (SMO, 2011). 11 3. 3. Identification of Key Players and their Competitive Position 3. 3. 1. Strategic Groups The following framework identifies the key players in the international fast-food industry and identifies which firms are in the most direct competition with each other: Brand value and the chainââ¬â¢s global presence (Appendix 2) are significant indicators of overall performance. The above strategy-group chart maps the firmsââ¬â¢ performance. Brand value (US$) is plotted against the chainââ¬â¢s global presence, in terms of the number of outlets worldwide. The strategy-grouping shows that McDonaldââ¬â¢s has the 12 highest global market value and revenue in the industry, despite Subway having more international outlets. 4. Key Player ââ¬â Evaluation of International Activities 4. 1. Identification of Key Player Based upon their global presence, market value and revenue, McDonaldââ¬â¢s is identified as the key player in the industry. 4. 2. McDonaldââ¬â¢s International Market Entry Modes In 1940, McDonaldââ¬â¢s operated only one QSR but today has restaurants at 33,000 locations in 119 countries. McDonaldââ¬â¢s utilises a variety of international market entry modes for rapid expansion: sole ventures, franchising, master franchising and joint ventures. 15% of McDonaldââ¬â¢s branded restaurants are operated as sole ventures. This involves a significant capital commitment but allows the highest degree of control.? Most restaurants are operated as franchises, allowing rapid expansion without high capital requirements. Franchising has also allowed McDonaldââ¬â¢s to benefit from local knowledge, demonstrated by the menu differences by country. However, McDonaldââ¬â¢s maintains control over crucial aspects such as the supply chain, marketing mix and staff training. Master Franchising introduces a third party as a ââ¬Ëgo-betweenââ¬â¢ to overcome geographical and cultural barriers. The combination of the master franchiseeââ¬â¢s local knowledge and McDonaldââ¬â¢s brand and model has been a successful formula, allowing expansion whilst maintaining significant control. McDonaldââ¬â¢s has also expanded internationally through joint ventures. Again, this allows for rapid expansion and utilises the knowledge of firms in closely-linked markets. Since 13 Both firms invest equity in the project, there is a lower financial risk for both parties; however, many joint ventures end in hostility and conflict due to firms taking advantage of one another (Brown and Harwood, 2010).
Wednesday, October 23, 2019
Describe The Factors To Consider Essay
There are a number of factors to consider when promoting effective communication. When using verbal communication with patients it is important to speak looking at them, speaking slowly and clearly and using simple language,. It is important to note that when working with patients with learning disabilities we have made sure they have understood what I have said. When speaking with colleagues or professionals the language I use can be more complex and often I will speak faster however most factors remain the same, it is still important that information given verbally is clear and concise. An example of this is when this is when I have mentored new staff I make sure I talk over everything slowly and clearly and I also get then to repeat some of that information back to show they have understood. Verbally communicating in this way will differ dependant on weather I am talking on a one to one basis or to a group. If I am talking to a group I must remember to address everyone and not exc lude anyone. When using non-verbal communication there are many different factors to consider. For example, if I am slummed back in a chair, it may show that I am not interested in the conversation. Eye contact is also very important as this can show that I am engaged in the conversation, other things to consider would be hand gestures, body language and facial expressions, for example, if I frown or have my arms folded I may give a negative impression. Finally it is important to remember that for effective communication to take place it involves both parties to be engaged. Being able to listen well is vital in a two way conversations.
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