Fast Food, Quick Problem Emergence, Rapid Addiction and Slow Recovery Process

Fast food service is definitely one of the scourges of the modern society. Making people get used to the quick and comfortable way of eating, fast food service offers the unhealthy food and, thus, provokes a number of health complexities.Advertising We will write a custom essay sample on Fast Food, Quick Problem Emergence, Rapid Addiction and Slow Recovery Process specifically for you for only $16.05 $11/page Learn More Because of the growing popularity of the fast food products, the concern for the effect that the fast food meals have on the population is growing increasingly big, yet the solutions for the problems and dangers that fast food chains pose to people’s health have not even yet offered. Consequently, it cannot be denied that the consumption of fast food products is greatly harmful for people’s health and must be given up once and for all. It is required to say the specific features of the fast food that makes it incredibly unhe althy meals. According to the recipes used for cooking the fast food meals, the latter are nutritionally imbalanced. The aforementioned presupposes that fast food incorporates a mixture of sugar, fats and sodium, which are refined in such a way so that the consumers were willing to buy more food from the food chains in question. For instance, in McDonalds, the intake of fats in French fries makes 570; for hamburgers, the calorie intake is 270, and for sandwiches, it makes 470 (A Calorie Counter), which is already a reason for concern. Speaking of the consequences that the consummation of fast food triggers, one should remember that the fast food meals have negative effect on a variety of organs due to the specific elements that the former is composed of. Therefore, several effects of the fast food consummation are to be mentioned. Among the worst effects that fast food has on human health, the diseases that concern the blood system and the endocrine system are to be mentioned. It mu st be admitted, though, that fast food does not seemingly have any effect on the nervous system. The first and the foremost effect that has to be mentioned is the clogging of the arteries due to the high rates of cholesterol in the fast food. It is important to mention that excessive consumption of fast food can cause hypertension because of the elements that increase blood pressure. In addition, the specific refined sugar that most fast food contains can lead to various forms of diabetes.Advertising Looking for essay on health medicine? Let's see if we can help you! Get your first paper with 15% OFF Learn More It is also essential to explain that due to a great percentage of fats in fast food, people who consume much fast food are likely to become overweight and even obese. Comprised with the effect that fast food has on blood pressure, the above-mentioned factor can lead even to a heart disease and, therefore, to an untimely death. In the light of the above-mentione d, the fact that fast food can drive to premature dedentition seems rather tolerable issue. Therefore, it is obvious that the consumption of fast food is incredibly harmful for people’s health. Once giving up the addiction to the meals offered by the fast food chain stores, one will, doubtlessly, observe the improvement of his/her state. As a result of the healthier diet and the refusal from eating fast food products, the improvement of one’s health is bound to occur. Even though the owners of the fast food chains cannot be denied their rights of doing business, the negative effect that the fast food has on people must not be tolerated, which gives the reasons for refusing to consume the fast food products. It is necessary to admit that staying healthy is a sensible reason to stop buying the food that provides fast saturation, yet has the most deplorable effect on people’s health. Thus, a solution for the consumption of fast food must be offered. Since most of t he people who consume fast food are college students, it can be suggested that there should be a cafeteria next to the college, where the students can have the meals that do not include fast food. One of the probable solutions for the problem is offered by the fast-food chain owners themselves and includes the use of soya bean oil, organic meat and vegetables and the minimized quantity of sodium. Works Cited â€Å"Fast Food Restaurants and Nutrition Facts.† A Calorie Counter. 2007. Web. http://www.acaloriecounter.com/fast-food.php. This essay on Fast Food, Quick Problem Emergence, Rapid Addiction and Slow Recovery Process was written and submitted by user Grady Gutierrez to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Shooting Stars essays

Shooting Stars essays Disney writers and most other people do not realize that when they see a shooting star and wish on it, they actually silently speak to a chunk of ice, dirt or space waste entering the Earths atmosphere. Meteors, the scientific term for shooting stars, occur more frequently several times during the year. On any clear night, a person might observe an average of about three meteors per hour. At certain times of the year, however, the Earth passes through the debris left behind from a comet. These trails consist of many fragments broken off of asteroids, space crafts, and even planets. Three important subjects of meteors include their composition, journey, and history. Contrary to what some people grow up thinking, a shooting star is not a star at all. Composed of many different materials, meteors flake off of asteroids and are sometimes pieces of planets that meteorites deeply impacted, sending little pieces out into space. The three main types of meteors are composed of Iron, Earth's crust and Stony. Iron meteors consist mostly of iron, hence the name, and also include small amounts of nickel and cobalt. Comprised of oxygen, silicon, aluminum, iron, calcium, sodium, potassium and magnesium, Earths crust meteors resemble most chunks of rock and gravel that occur naturally here on earth. Stony meteors, made of oxygen, iron, silicon, magnesium, aluminum, nickel and calcium, share many of the same characteristics of the materials on earth that would be referred to as stones. The way in which astronomers named these types is not ambiguous. Meteor types receive their names for their compositions. A baseball flying through the air at 30,000 mph somewhat simulates a meteor entering the atmosphere. Why do these pieces of junk look so brilliant in the night sky? ...

SFAS 154 - Accounting Changes and Error Corrections Assignment

SFAS 154 - Accounting Changes and Error Corrections - Assignment Example At times, it also happens that a change in the accounting policy or principle affects the consolidated financial statements of the group as well. So, SFAS 154 aims to highlight all of the above discussed issues in details and provide appropriate guidance as how to incorporate the effects of all those changes in the financial statements of the reporting entity. This article is structured in such a manner that first section describes the overview of SFAS 154 which includes the objective of its issuance as well as the scope of this standard. Next section focuses on recognition, measurement and disclosure requirements of SAFS 154. Third section highlights the comparison of SFAS 154 of FASB with IAS 8 of IASB i.e. a comparison between US GAAP and IFRS in respect of these two standards. An illustrated example is also provided after the comparison of the standards which is then followed by a conclusion which summarizes the whole article. Overview of SFAS 154 Objective Mainly the objective o f FASB to issue this standard is to bring more convergence with IASB towards the preparation, development and furnishing the financial statement as a high quality single set across the world (Deloitte, 2008). As IASB has issued IAS 8 on similar footings, therefore it is the intension of both accounting standard boards to bring more harmonized financial statements in most of the areas of accounting. ... The section â€Å"Accounting Changes† is further divided into three areas which are â€Å"Changes in Accounting Principle†, â€Å"Changes in Accounting Estimates† and lastly, â€Å"Changes in the Reporting Entity† (Financial Accounting Standard Board, 2009). Scope The scope of this standard covers three areas which are listed below (Financial Accounting Standard Board, 2009): 1. SFAS 154 is applicable for both profit making business organizations as well as not-for-profit organizations. In this standard both these kinds of organizations are referred to as â€Å"entities†. 2. Another application of SFAS 154 can be possible in case of summarized financial information which are primarily based upon the financial statements such that accounting changes are reflected in the accounting period in which those changes have arisen. 3. SFAS 154 also encompasses the other forms of financial statements which are prepared for some special purposes. Measurement, R ecognition and Disclosure Changes in Accounting Principles SFAS 154 provides specific guidelines to incorporate a change in the accounting principle. A change in the accounting principle is the change that has been made by FASB by making amendment, addition or deletion in the existing accounting standards issued by FASB (Financial Accounting Standard Board, 2009). FASB requires the entities to bring the effects of the changes in accounting principle retrospectively such that all of the previously issued financial statements need to be modified as a result of change in accounting principles (Deloitte, 2008). SFAS 154 also guides the entities in the situations where it is not practicable for the entities to bring the effects of the

FOREIGN MARKET ENTRY AND DIVERSIFICATION Essay Example | Topics and Well Written Essays - 1250 words

FOREIGN MARKET ENTRY AND DIVERSIFICATION - Essay Example eting strategy that was ‘local skilled distributors’ oriented and focused advertisement to promote among specific segments of consumers such as attractive women consumers of beer yielded impressive results. In the present market condition when most of western economies are under recession the best business strategy is to expand to Asian markets such as India not ridden by recession and where there is large scope of beer business. Quick entry into North 45 percent of the global beer market is controlled by North America and Europe. Both the countries are facing acute recession that dragged the beer market share to a lower level. West European market has been declining since 2006 and has no hope to lift up in 2010 also. East European market which was growth oriented till last year is on the verge of declination. The emerging markets in Asia and Latin America are the only hope to enable the beer industry to provide scope of growth in future. Asia, which has the prospect to command one third of the global market sale is likely to have 5% growth rate on account of the aggressive use of beer by Chinese people. If Latin American consumption of beer is added to that of Asia’s the growth rate in sale of beer is likely to lift up to 8.3%. Sales volumes increased 3 per cent in 2008 and likely growth of 4 per cent increase in Brazil will support this rise. This is the strongest growing market today. For last five years the beer market has been growing differently in different regions World: 5.7%, Asia: 8.3%, East Europe: 7.8%, Central & South America: 6.3%, Africa 6%. Global beer market is gradually growing and alcohol market is falling The share of beer market which was about 44% in 2002 has increased to about 55% by 2009. Over the past five years, the beer industry has made a trend towards consuming expensive beers. In markets such as North America and Western Europe, premium beer’s share of total sales is already well above the global average In emerging markets,

Touching The Heart of Buddhas Teachings Term Paper

Touching The Heart of Buddhas Teachings - Term Paper Example Perhaps the best way to approach the core of Buddhism is to ask, first of all, what the word Buddhism means. Buddhism comes from the word Buddha, whose root word, budh simply means awake. The Buddha, whose root word, budh simply means awake. The Buddha, therefore, is simply one who is awake. In the Anguttara Nikaya, one of the major collections of Buddhist texts, we are told that a Brahmin (a Hindu priest) once encountered the Buddha and asked him a series of questions: â€Å"The Brahmin Dona saw the Buddha sitting under a tree and was impressed by his peaceful air of alertness and his good looks. He asked the Buddha: Are you a God? No, Brahmin, I am not a God. Then an angel? No, indeed, Brahmin. A spirit, then? No, I am not a spirit. Then what are you? I am awake.† (Bancroft 8). When the Buddha said that he was awake, what he implied was that he was once, like most of us, asleep. To be asleep is to be ignorant of our true nature. It means that there is so much about ourselves and the world that we do not understand. If we could only open our eyes and be awake, then we, too, can be Buddhas. This, in fact, is one of the central teachings of Buddhism: that each of us is a potential Buddha, that each of us has the seed of enlightenment. All we need to do is to work at it. All we need to do is to nurture the seed of enlightenment. This brings us to the life story of Buddha. What are the key elements of Buddha’s life story? Why are they so important? What do these teachings tell us? These are among the questions that I shall address in this paper. The Buddha was born around 560 B.C. in what is now Southern Nepal (Zukeran 1). He was Indian, and was born a prince. His name was Siddhartha. The story of his life starts right after he was born, when an astrologer came to the kingdom and predicted that Siddhartha would either become a great king or a great spiritual leader. When Siddhartha’s father heard this, the king made sure that Siddhartha would not be exposed to the difficulties of life. So the king surrounded Prince Siddhartha with all the possible pleasures one could possibly imagine, and he was not exposed to any difficulties or suffering whatsoever. However, the prince developed a great curiosity about the world outside the palace walls. When Siddhartha left the palace walls with this charioteer named Chandaka, he first noticed a bent, wrinkled old man. This was something he had never seen before. On another trip outside the palace walls, Siddhartha saw a man suffering from some kind of disease. On a third occasion , Siddhartha encountered a funeral procession and saw a dead body inside a box followed by crying relatives. He was horrified. On a fourth occasion, Siddhartha encountered a wandering mock who seemed very happy, serene, and contented. When he asked Chandaka who this person was, Chandaka said: â€Å"this is a holy man who has renounced worldly life and entered upon a life of homelessness† (Kohn 11). These key events are what led Siddhartha to a deep realization: that everything is ravaged by time; that we don’t live forever; and that life, at its very root, is filled with suffering. These facts motivated Siddhartha to look for a cure for suffering. In doing so, he vowed to continue sitting in meditation until he found the solution to the problem of suffering. One day, Siddhartha attained enlightenment. During this enlightenment, he was finally able to discover the cure that he was seeking. At first, he thought that he could not teach what he had discovered, since what h e had discovered seemed so profound. But he got up from under the tree, and met a few friends who had deserted him. It is to these friends that he gave his first sermon – the four noble truths. This is where Buddha’s life story becomes significant. The four noble truths are the foundational teachings of Buddhism. These teachings tell us that first, human existence is characterized by suffering. Second, that there

Swot Analysis On Foreign Direct Investments

Swot Analysis On Foreign Direct Investments The retail industry in India is predicted to increase at a phase of 14 by 2013. The initiative for allowing FDI was first taken in 2006. Since 2006 54 FDI permissions have been received by the government of India and a cash inflow of Rs 901.64 crore in the form of investments into the nation. Retailing includes all forms of business involving sale of products and services to the end users. Retailing includes a retailers commonly a store or a service establishment, dealing with consumers who are purchasing goods and services for their own use rather than for resale. Wal-Mart, Best Buy and other familiar organizations are retailers. Retailing is dependent more on how the trade deals straight with consumers. Retail banking, service based shops; coffee shops are also retailers. With the commencement of online retailing, retailers are no more worried about place of stores. E-retailing has emerged. Consumers are always hungry for modern ways of shopping. Indian retail sector is increasing fast and its employment potential is growing faster. The retail scene is changing really fast. Retailers are rethinking about the best prices they can get goods with. Retail sector in India is also catalyst for the pickup of stalling tactics of below the line marketing used by major retail players such as Spencer, big bazaar, reliance fresh etc. For increasing customers by creating point values of sales displays. So we can say that India is an emerging land of FDI and going to be one of the quickest growing regions of the future. Key terms: FDI, Retail markets, Gross Domestic Product, International, Policies, and infrastructure development. Introduction: As per the current regulatory policies, retail trading (except under single-brand product retailing, FDI up to 100 per cent, under the Government route) is allowed in India. To say it short, for a company to be able to get foreign investments, goods sold by it to the general public should only be of a unique-brand; this condition being in addition to a few other conditions to be stick to. That explains why we do not have a Harrods in Delhi. India being a trademark to World Trade Organizations General Agreement on Trade in Services, which include wholesale and retailing services, had to open up the retail trade sector to foreign funds. There were initial priorities towards opening up of retail sector arising from fear of job losses, procurement from international market, competition and loss of entrepreneurial opportunities. In the series of action, the government in a sequence of moves has opened up the retail sector slowly to Foreign Direct Investment (FDI). In 1997, F DI including in cash and carry (wholesale) with 100 percent ownership was permitted under the Government approval route. It was given a green signal in an automatic route in 2006. 100 percent investment in unique brand retail marketing was also allowed in 2006. FDI in Multi-Brand retailing is prohibited in India. Allowing FDI in multi brand retail can bring about Supply Chain Improvement, Investment in Technology, Manpower and Skill development, Tourism Development, Greater Sourcing from India, up gradation in Agriculture, Efficient Small and Medium Scale Industries, With around 13% contribution to GDP and 7% employment of the national workforce, retailing no doubt is a strong pillar of the Indian economy. What it requires is more corporate backed retail operations that have started to emerge over the past couple of years.(Arvind Singhal, chief executive, KSA Technopak) Determinants of FDI Policies In India Looking up into the literature survey the major requirements of the foreign investment are technologies, infrastructure and labor skills, If in the case these requirements are not identified it becomes difficult to elaborate different patterns in the geographical pattern of FDI at the world capita income, relative to outbound and inbound FDI (Hummels and Stern, 1994). There are large numbers of government incentives that can be taken into consideration as key factors, besides that there are other factors that determine the corporate plans of international market place. There are factors that influence major part of the investors; factors may be institutional, historical and cultural factors (Martin and Velazquez, 1997). Examiners examined that there are wide varieties of determinants of FDI in the past. There were several studies conducted on determinants of FDI towards the choosing of a group of descriptive attributes that are more useful and most important factors affecting FDI. Study by researchers elucidate that there are differences in factor costs and market size to the FDI spot (Markusen and Maskus, 1999). This shows us the prominence of market size and its wide spread for foreign organizations which are functioning as big industries. Companies score cannot be judged by the beforehand without achievements in the market. They are measured in terms of GDP, GDP per capita and growth of GDP. To put this in simple English the FDI of a company is defined by the investments made by the company in other country than that in a company is based in. Government of India (GOI) has announced the policy of FDI that governs the foreign investment in India as the provision of Foreign Exchange Management Act (FEMA) 1999. Policies of FDI related to Retail market: It is advisable to check the Press Note 4 of 2006 issued by DIPP and compound FDI Policy issued in October 2010 (DIPP, 2010) which include the sector specific guidelines for FDI in relation to the conduct of trading activities. FDI allows export trading and wholesale marketing with 100% cash and carry. Subject to Press Note 3 (2006 Series) FDI can stretch up to 51% of the total with a single brand sales and marketing. The policies dont allow FDI to promote Multi Brand Marketing. According to `Wheel of Retailing theory, medians in one retail market give rise to a new one. But in India we find that several markets go in hand and hand. The following are some of the formats adopted by various players: Table 2. Retail formats Adapted from: Indian Retail: On the Fast Track, KPMG and FICCI, 2005 Entry Options for Foreign Players prior to FDI Policy Before Jan 24, 2006, FDI was not allowed by the government of India, but the investors had been operation in the country in other forms. Some of the opening steps used by the Foreign Investors are discussed below:- 1. Franchise Agreements: This is an easiest path to enter in to the Indian market. In franchising and commission agents services, FDI Foreign investors can invest in the product based companies with the approval from the Reserve Bank of India, until and unless prohibited by the FDI act. This is a most general mode for entrance of quick food bondage opposite a world. Apart from quick food bondage identical to Pizza Hut, players such as Lacoste, Mango, Nike as good as Marks as good as Spencer, have entered Indian marketplace by this route. 2. Cash And Carry Wholesale Trading: FDI was allowed at a full stretch in the wholesale trading which concentrates on a large scale distribution to the wholesale market to help the local manufactures. The wholesaler deals with the small retail businesses but not with the direct consumers. Metro AG of Germany was the first to enter India using this process. 3. Strategic Licensing Agreements: Some foreign companies give exclusive licenses and distribution rights to local companies. Using these rights, Indian companies can either sell it through their own stores, or enter into shop-in-shop arrangements or distribute the brands to franchisees. Mango, the Spanish apparel brand has entered India through this route with an agreement with Piramyd, Mumbai, SPAR entered into a similar agreement with Radhakrishna Foodlands Pvt. Ltd 4. Manufacturing and Wholly Owned Subsidiaries: The international brands such as Nike, Reebok, Adidas etc., have whole manufacturing unit using the subsidiaries and are treated as Indian companies and are allowed to retail. These manufacturers are authorized to sell products to Indian consumers by franchising, distributing to the existing retailers, self-outlets etc. For example Nike has entered into India in agreement with Sierra Enterprises but now Nike is wholly owned subsidized, Nike India Private Limited. FDI in Single Brand Retail The Government has not categorically defined the meaning of Single Brand anywhere neither in any of its circulars or any notifications. In single-brand retail, FDI up to 51 per cent is allowed, subject to Foreign Investment Promotion Board (FIPB) approval and subject to the conditions mentioned in Press Note 3 that (1) Multi brand products would be sold (i.e., retail of goods of multi-brand even if produced by the same manufacturer would be allowed). (2) Products should be sold under the same brand internationally. (3) Single-brand product retail would only cover products which are branded during manufacturing. (4) Any addition to product categories to be sold under single-brand would require fresh approval from the government. While the phrase single brand has not been defined, it implies that foreign companies would be allowed to sell products sold internationally under a single brand, viz., Reebok, Nokia, and Adidas. Retailing of goods of multiple brands, even if such products were produced by the same manufacturer, would be allowed. Going a step further, we determine the concept of single brand and the associated conditions: FDI in Single brand retail implies that a retail store with foreign investment can only sell one brand. For example, if Adidas were to obtain permission to retail its flagship brand in India, those retail outlets could only sell products under the Adidas brand and not the Reebok brand, for which separate permission is required. If granted permission, Adidas could sell products under the Reebok brand in separate outlets. Concerns for the Government for only Partially Allowing FDI in Retail Sector A number of concerns were expressed with regard to partial opening of the retail sector for FDI. The Honble Department Related Parliamentary Standing Committee on Commerce, in its 90th Report, on Foreign and Domestic Investment in Retail Sector, laid in the Lok Sabha and the Rajya Sabha on 8 June, 2009, had made an in-depth study on the subject and identified a number of issues related to FDI in the retail sector. These included: It would lead to unfair competition and ultimately result in large-scale exit of domestic retailers, especially the small family managed outlets, leading to large scale displacement of persons employed in the retail sector. Further, as the manufacturing sector has not been growing fast enough, the persons displaced from the retail sector would not be absorbed there. Another concern is that the Indian retail sector, particularly organized retail, is still under-developed and in a nascent stage and that, therefore, it is important that the domestic retail sector is allowed to grow and consolidate first, before opening this sector to foreign investors. Antagonists of FDI in retail sector oppose the same on various grounds, like, that the entry of large global retailers such as Wal-Mart would kill local shops and millions of jobs, since the unorganized retail sector employs an enormous percentage of Indian population after the agriculture sector; secondly that the global retailers would conspire and exercise monopolistic power to raise prices and monopolistic (big buying) power to reduce the prices received by the suppliers; thirdly, it would lead to asymmetrical growth in cities, causing discontent and social tension elsewhere. Hence, both the consumers and the suppliers would lose, while the profit margins of such retail chains would go up. Rationale behind Allowing FDI in Retail Sector FDI can be a powerful catalyst to spur competition in the retail industry, due to the current scenario of low competition and poor productivity. The policy of single-brand retail was adopted to allow Indian consumers access to foreign brands. Since Indians spend a lot of money shopping abroad, this policy enables them to spend the same money on the same goods in India. FDI in single-brand retailing was permitted in 2006, up to 51 per cent of ownership. Between then and May 2010, a total of 94 proposals have been received. Of these, 57 proposals have been approved. An FDI inflow of US$196.46 million under the category of single brand retailing was received between April 2006 and September 2010, comprising 0.16 per cent of the total FDI inflows during the period. Retail stocks rose by as much as 5%. Shares of Pantaloons Retail (India) Ltd ended 4.84% up at Rs 441 on the Bombay Stock Exchange. Shares of Shoppers Stop Ltd rose 2.02% and Trent Ltd, 3.19%. The exchanges key index rose 173. 04 points, or 0.99%, to 17,614.48. But this is very less as compared to what it would have been had FDI up to 100% been allowed in India for single brand. (Nabael Mancheri, 2010) The policy of allowing 100% FDI in single brand retail can benefit both the foreign retailer and the Indian partner foreign players get local market knowledge, while Indian companies can access global best management practices, designs and technological knowhow. By partially opening this sector, the government was able to reduce the pressure from its trading partners in bilateral/ multilateral negotiations and could demonstrate Indias intentions in liberalising this sector in a phased manner. Permitting foreign investment in food-based retailing is likely to ensure adequate flow of capital into the country its productive use, in a manner likely to promote the welfare of all sections of society, particularly farmers and consumers. It would also help bring about improvements in farmer income agricultural g rowth and assist in lowering consumer prices inflation. (Discussion Paper on FDI, 2010) Apart from this, by allowing FDI in retail trade, India will significantly flourish in terms of quality standards and consumer expectations, since the inflow of FDI in retail sector is bound to pull up the quality standards and cost-competitiveness of Indian producers in all the segments. It is therefore obvious that we should not only permit but encourage FDI in retail trade. Industrial organizations such as CII, FICCI, US-India Business Council (USIBC), the American Chamber of Commerce in India, The Retail Association of India (RAI) and Shopping Centers Association of India (a 44 member association of Indian multi-brand retailers and shopping malls) favor a phased approach toward liberalizing FDI in multi-brand retailing, and most of them agree with considering a cap of 49-51 per cent to start with. The international retail players such as Wal-Mart, Carrefour, Metro, IKEA, and TESCO share the same view and insist on a clear path towards 100 per cent opening up in near future. Large multinational retailers such as US-based Wal-Mart, Germanys Metro AG and Woolworths Ltd, the largest Australian retailer that operates in wholesale cash-and-carry ventures in India, have been demanding liberalization of FDI rules on multi-brand retail for some time. (Nabael Mancheri,2010) the Indian Council of Research in International Economic Relations (ICRIER), a premier ec onomic think tank of the country, which was appointed to look into the impact of BIG capital in the retail sector, has projected the worth of Indian retail sector to reach $496 billion by 2011-12 and ICRIER has also come to conclusion that investment of big money (large corporates and FDI) in the retail sector would in the long run not harm interests of small, traditional, retailers.(Sarthak Sarin,2010) SWOT Analysis SWOT analysis is instrumental for evaluating present day retail industry in India. SWOT analysis is a study prepared discussing about the strengths, weaknesses, opportunities and threats of retail industry. Strengths An enormous young employed people with average age of 24 years, nuclear families in urban areas, regarded as a basic social unit, with laterally growing working woman population and evolving as prospects in the service sector would be the vital progression carters of the structured retail sector in India. It has also funded to fat size reserves in the real estate sector with main national and worldwide players financing in federalizing the structure and construction of the retailing business. Customers will have right to use to superior range of transnational quality goods. Employment openings directly and indirectly have been improved. Farmers get enhanced rates for their goods though enrichment of price added food chain. Growth in price and consumer desires is vital aspects. Growth in spending for extravagant items is also vital. Huge domestic market with a growing middle class and customers with purchasing power. The governments of states like Delhi and National Capital Region (NCR) are very positive about allowing the use of land for commercial development thus escalate the accessibility of land for retail space. The progression of sachet revolution develops for getting to the foot of the pyramid. The magnitude of Indian organized retail industry touched Rs.1,30,000 crore in 2006. The styles that are motivating the development of the retail sector in India are small share of organized retailing and dropping real estate rates. Ranked second in Global Retail Development Index of 30 developing nations drawn up by AT Kearney. The annual progress of departmental stores is estimated at 24%. The profits of bigger organized retail segments are numerous. The customers get a superior product at discounted price. So customers get worth for their cash. Typicality of consumers in terms of diverse tastes and demand for extensive collection of goods. Opportunities When the model picks up, due to demonstration effect, there will be a complete renovation of domestic retail trade. International retail titans take India as crucial market. It is ranked fifth most appealing retail market. The organized retail sector is estimated to raise stronger than GDP growth in the next five years catalyzed by shifting ways of life, proliferation in income and advantageous demographic shape. Food and clothing retailing are crucial factors of growth. Indian retail industry has been regarded as of the most dynamic and fast advancing business with several companies arriving in the market. Indian retail industry can be one of the biggest industries in terms of quantities of workforces and institutions. Countryside retailing is still untouched in Indian market. Threats One of the chief obstacles to the evolution of modern retail formats are the supply chain management concerns. No key modifications are required in the supply chain for FMCG goods; these are well established and effective. For perishables, the structure is too difficult. Government guidelines, absence of ample groundwork and insufficient venture are the potential blockages for retail corporations. The supply chain for agro goods is less complex than the net foodstuffs. But agro goods have an exclusive problem of non-standardization. Its challenging to focus on all segments of society. Hyper and super markets trying to offer purchaser with -worth, diversity and quantity. Large primary investment is essential to manage with other establishments and contest with them. Labor guidelines are also neglected in the organized retails. The absence of even tax system for organized retailing is also one of the hurdles. Poor infrastructure is prospective to be a hurdle in the evolution of organized retails. Concern of vehicle parking in urban regions is grave worry. Segment is unable to engage retail workforce on contract basis. The unorganized sector has supremacy above the organized sector in India due to low investment requirements. Retail nowadays has transformed from marketing a good or a service to marketing a hope, an aspiration and especially an practice that a consumer would like to repeat. Weakness Will primarily satisfy rich and middle class consumers located in metros and will not cater bulk consumption merchandises for consumers in rural regions and insignificant towns. Retail chains are so far, to be established with appropriate range of products mix for the mall outlets. Present day retailing is about investigating and graphing the marketplace, keeping options open, reasonable costs and retaining buyers too. Insignificant outlets are also one of the flaws in the Indian retailing. 96% of the outlets are smaller than 500 sq.ft. The retail chains are also minor than those in the developed nations. The quick expansion of retail sector is the severe upgrading in the accessibility of retail space. But the present scenario in prices, retail real estate hires have amplified extraordinarily, which may cause few retailing business houses to be unavailable. Retail corporations have to spend great rents which are obstacles in the chance of profits. The capacity of sales in Indian retailing is also very little. India has huge population in the globe and an expeditious growing economy. The impact of retail on Indian economy is: Employment Generation Retailing offers occupation to 8% labor in India, because it is highly effort demanding. It has also capable to create eight million more jobs, directly and indirectly. Development of small scale units Retailing also aids small scale units to freely access of the market. They provide a stage for small scale units goods. Retailing in India funds 4 lakh moderate handicraft industries. Growth of real estate The necessity of space is one of the main burdens, so the real estate has also risen over the previous years. In coming days the Indian economy and real estate sector would be shaping into organized retail estate sector. Conclusion Contemporary ways of shopping have been all the time attracting Indians. The retail sector in India is rapidly progressing and the employment potential is mounting day by day. The attitudes of the retailers towards suppliers have been changing so as to extract the best pricing from the suppliers. This secret for all the titans of retail market are planning to invest into the Indian retail sector. India is one the fastest growing economies of the world, by agreeing to FDI in the retail sector there would be a considerable pouring into Indias GDP and economic development. This would also aid the integrating of the Indian retail market with the global retail market. FDI would not only give Indians employment but help Indians to get better wages, incentives and lifestyle, which the present retail market has been unsuccessful in providing. Entry of FDI into Indian market would enhance Indian scenario for supply chain, technology, manpower and skill development. FDI would also catalyze the growth of small and medium scale industries.

Doing the Right Thing in Hamlet :: The Tragedy of Hamlet Essays

Doing the "Right" Thing in Hamlet      Ã‚  Ã‚   When an individual has taken a certain course of action, who is to determine whether that action taken was right or wrong? And what basis should the individual passing judgment use to decide whether that action was right or wrong? Should the individual passing judgment consider the other individual's purpose or intent in taking the action, or should he consider the resulting consequences of the other individual's actions? If the individual passing judgment were to choose to do the first of these two alternatives, he would be taking a deontological stance, as compared to the later which describes the consequentialist view. As Stephen J. Freeman explains, consequentialism is the belief that "actions and/or rules are right as long as they produce the most favorable consequences for those affected by the actions or rules" (Freeman 63). Consequentialists view the morality of a consequence in two aspects. One aspect is what is called ethical egoism. Ethical egoism is "the idea that morality is defined as acting in one's own interest and in such a way as to maximize the consequences of good over bad" (Freeman 49). In contrast to ethical egoism is utilitarianism. Utilitarianists view morality as when an action promotes the greatest balance of good over bad for all people. "Utilitarianism is a teleological, goal-directed theory emphasizing happiness as the end result of human action" (Freeman 49). In Freeman's book on ethics, he discusses Holmes' proposal of two types of teleological ethical theories that apply to these two differing consequentialist views. Holmes' proposal is that of micro and macro ethics. Micro ethics regards the happiness of the individual as the highest good and defines what is right as the action that maximizes that end. By definition, micro ethics is very similar to the belief of ethical egoism. On the other hand, macro ethics views happiness as the well-being of a group as a whole and defines what is right as the action that maximizes that end. As used here, a group can be those people of a specific city, state, nation, or race, and any particular group has "greater importance than any particular individual or subgroup within it, because its good exceeds the sum of any and all of its parts" (Freeman 49). Those in support of macro ethics would justify the sacrifice of an individual or part within the group, as long as it brings about beneficial conseque nces for the group as a whole.