Foreign market entry strategies Essay

â€Å"Firms which take an interest in the business framework as accomplices supplement the organization and its providers, along these lines expanding the incentive to customers†. Clarify your comprehension of this view and give guides to fortify your contentions. For an organization, entering new remote markets might be accomplished in an assortment of ways. Every one of these ways puts its one of a kind requests on the organization regarding hierarchical and monetary assets. The greater part of the occasions, entering global markets doesn't involve decision yet of need to stay serious in new or set up business sectors by meeting the consumer’ needs and qualities. The choice to go worldwide speaks to a significant responsibility, to go into another line of action, this being the motivation behind why it ought to be made stride by step: getting data, dissecting them, detailing elective activity plans, (Tookey, 1975) and obviously locate the correct accomplices that coordinate the organization brand picture and qualities. The global business framework model is centered around the focal points dictated by the internationalization procedure and less on the improvement procedure of the internationalization of organizations. The primary extension acquired by applying the Uppsala Model is foreseeing the company’s development on remote markets. Two components are at the premise of the model: the idea of vitality credited to the procedure and the thought of physical separation. The internationalization of a global organization happens bit by bit, as indicated by the Uppsala Model, which limits the dangers in regards to the new market (Johanson; Wiedersheim-Paul, 1975). Along these lines, the organization is being included bit by bit (speculations, control and benefit), arriving at the purpose of making a creation auxiliary which guarantees likewise the selling of the items on the new market. The phases of the internationalization procedure are introduced in Appendix 1. The idea of physical separation, the second component the Uppsala Model depends on decides the organizations to choose, in a first stage, the neighbor nations so as to diminish the social, affordable, political contrasts. As indicated by this methodology, the greater the physical separation, the greater is the incertitude about the new market and greater the dangers related to this market. In the perspective on the globalization marvels, there are various reactions about the â€Å"physical distance† idea. Numerous papers have built up the subject of the company’s internationalization; an uncommon spot holds J. Birkinshaw who dissected the issues with respect to the job of the auxiliaries and the advancement of the commanded in the internationalization procedure at the multinational’s level. Along these lines, Birkinshaw and Hoods (1998) have indicated that making an auxiliary can be clarified based on the cooperations between the choices of the mother-organizatio n, the activities of the auxiliary and the particular conditions existing on the new market. The model created by Birkinshaw (1997) depends on three factors: The connection central command †auxiliary; the subsidiary’s activities and the nearby condition. With respect to internationalization process, the organization has more choices (see Appendix 2) The principal decision is spoken to by the advancement of the current markets and it is being utilized by organizations that are following up on exceptionally serious markets; the subsequent option †the organization can decide to build up its movement on new markets, like the ones they are as of now following up on †for this situation, they are typically deciding to send out their items; the third technique is building up another line of items like the ones they as of now have and which will be sold on comparative markets-for this situation the organization can pick between key partnerships: making a joint endeavor or authorizing. . Management’s association in send out tasks is unique, as we talk about uninvolved exporters (when selling abroad is prompted by the interest existing on the outside market, implying that the business is started by the shipper) or dynamic exporters (when the activity is started by the merchant, which has a fare system and a reasonable field-tested strategy (Popa, 2006) From the operational perspective, exporters can be roundabout exporters(with the cooperation of exchanging houses), when it isn’t important to make an authoritative structure explicit to the fare action or direct exporters, which is made by the maker, which is making administrations or divisions for global business. The determinants of fare conduct are understanding and vulnerability impacts; social and firm-explicit impacts and vital impacts. 1. Experience and vulnerability impacts Knowledge and getting the hang of with respect to the sending out action might be had or collected by the organization in time. Experience has a key job, as firm’s inclusion in universal markets is more often than not a continuous procedure. During the beginning periods of sending out, firms have an increasingly thought outside market center, while expanded inclusion in remote market urges expansion to a more extensive scope of business sectors. As a firm’s information on a fare advertise builds, the vulnerability factor decreases. This information permits the distinguishing proof of solid chances, as particular from hypothetical that might be obvious from target information. 2. Conduct and firm-explicit impacts Recent speculations of trading are unequivocally affected by the social hypothesis of the firm, which stresses chief attributes, authoritative elements and requirements, numbness and vulnerability as key factors in dynamic. Sending out has been depicted as an improvement procedure dependent on a learning grouping including six phases Bilkey and Tesar, 1977): Stage 1: the firm isn't keen on trading Stage 2: the firm supplies spontaneous business, doesn’t look at the possibility of dynamic trading Stage 3: the firm analyzes the achievability of sending out in a functioning manner Stage 4: test sends out on neighbor nations Stage 5: the firm turns into an accomplished exporter Stage 6: the firm investigates the achievability of trading to extra nations of more prominent business separation. As indicated by Welch (1982), the fare responsibility is impacted by four gatherings of components (see figure 4): pre-send out exercises, direct fare boosts, idle effects on the firm and the job of the chief. 3. Vital impacts The feeling among scientists and directors is separated on the issue of the connection between the firm size and fare achievement. In any case, the significance of a positive administrative mentality to sending out and the need of submitting administrative and monetary assets to the internationalization procedure are vital to the achievement of the firm, regardless of size. As a method of global market passage, key unions permit the firm (Bradley, 2002): †¢ Access to resources not promptly accessible in the market †¢ Access to innovation and markets †¢ The littler firms can approach innovation and new items †¢ The bigger firms can approach markets †¢ Synergetic impacts in the accomplice firms. Picking the best approach to enter an outside market speaks to a significant piece of the remote direct speculation procedure. The organizations should choose the new market, settle on the sorts of tasks that are going to be created on these business sectors and choose the kind of passage â€green field speculations, acquisitions, joint endeavors. Picking the best approach to enter a remote market was likewise clarified through social and national elements. Numerous examinations have been worried about this point: †¢ Kogut and Singh (1988) after explores have reasoned that a major social separation between the nation of source and the host nation have thus picking joint endeavors or green field ventures. †¢ Gatignon and Anderson (1988) have indicated that a significant socio-social separation, estimated with the assistance of the Index created by Ronen and Shenkar (1985) †goes to the halfway appropriateness right. †¢ Gatignon and Anderson (1988) have presumed that global organizations abstain from having 100% possessed auxiliaries in high hazard nations. †¢ Cho and Radmanabhan (1995) have indicated that organizations from Japan are not ready to make acquisitions in creating nations. Picking the joint endeavor as an instrument to enter new markets (particularly the creating nations and the ones with bro ught together economy) is generally a second-best choice for the organizations from created nations. In any case, the organizations appear through this the significant enthusiasm for the neighborhood showcase; the support in the joint-adventure could be qualified as a remote direct venture. Ordinarily, this system speaks to the best way to be available on a specific market. Authorizing in worldwide markets: License is the buy or deal by agreement of item pr process innovation, structure and promoting mastery (Bradley, 2002). It includes the market contracting of information and ability. Global authorizing happens when an organization gives, for a specific charge sovereignty, an innovation required by another organization so as to work a business in an outside market. Permitting of this firm includes at least one of these components: †¢ a brand name †¢ activities aptitude †¢ fabricating process innovation †¢ access to licenses †¢ exchange mysteries. Permitting might be appealing when have nations limit imports or outside direct speculation, or when the market is little and when the possibilities of innovation criticism are high. Diversifying to enter worldwide markets: Franchising is a subordinate of authorizing. In diversifying a business group is authorized, not an item or an innovation. Trademarks, exchange names, copyright, structures, licenses, exchange insider facts and ability may all be engaged with various blends in the �

The Victorian Age Essay -- History, French Revolution

The Victorian Age of Literature â€Å"It was the best of times; it was the most noticeably awful of times†¦it was the spring of expectation, it was the winter of despair† (Dickens n. pag.). These words by Charles Dickens, one of the most well known scholars of the Victorian Period, were proposed to show the associations between the French Revolution and the decay of Dickens’s own time, the Victorian Era (â€Å"About† n.pag.). Dickens needed to show how the patterns of his time were following an awful way that had just played out and not finished well in France. As indicated by an article about this authentic period, the Victorian Era was â€Å"a time of progress, a period of incredible change, yet in addition a period of extraordinary literature† (â€Å"Victorian† n.pag.). The Victorian Period mirrors the extraordinary changes in the social, political, and conservative movements of the time. To begin with, some data is all together about the Victorian Period itself. Sovereign Victoria, England’s longest ruling ruler, sat on the seat from 1837 to 1901. The range of time is alluded to as the Victorian Period (Abrams 1860). At the demise of Queen Victoria, her subjects responded so that they defied a considerable lot of the thoughts set forward during her rule. Indeed, even her own nation perceived her life and rule as an unmistakable recorded period isolated from the rest (Abrams 1861). Likewise in the Victorian Period, different occasions were going on that changed the manner in which numerous individuals pondered life. Among those progressions were propels in logical research, which made clash with scriptural convictions. With Darwin’s commitment of The Origin of the Species in 1859, which set off a logical transformation, numerous Victorians lost confidence in the congregation. His speculations blended uncertainty about where humankind truly began from, and the... ... the time carried with it a change to the individuals of England and the globe. On account of England’s thoughts of their dependably and rights to the remainder of the world, human advancement as we probably am aware it could never be the equivalent. Much the same as this change affected England, the impacts of Queen Victoria’s governed formed the world as it is currently. One can't envision substantially less diagram how various things would be on the off chance that it were not for Queen Victoria’s impact on worldwide economy, reasoning, science, geography, brain science, strict convictions, and so on. On account of her and her help of change from the Industrial Revolution, even the most basic of things that individuals underestimate today would not exist like having the option to consider it daily following eight hours of work, extra time pay, solid and safe working conditions, and rights to protect themselves against uncalled for rehearses both in the work ing environment and out of it.

Are People With High IQs More Successful

Are People With High IQs More Successful More in Theories Cognitive Psychology Behavioral Psychology Developmental Psychology Personality Psychology Social Psychology Biological Psychology Psychosocial Psychology While it may be natural to assume that people with extremely high IQs have a knack for success. From Jay Gatsby in “The Great Gatsby” to Lex Luthor in the Superman comics, we having come to associate being super-rich with being super-smart. Even President Donald Trump has claimed to have an IQ that is one of the highest in a well-publicized 2013 tweet, suggesting that his wealth was somehow linked to his intelligence. But for every individual we ascribe as genius, from Jeff Zuckerberg to Steve Jobs, there are just as many like Nobel Prize laureate John Nash (of A Brilliant Mind fame) and mathematician Kurt Gödel who struggled with mental illness and personal crises. In fact, some research indicates a correlation between high intelligence and mental health issues.?? When crunching the hard numbers, is there any real evidence that an IQ can predict anything about a person’s likelihood of success, whether it be financial, academic, or creative? Understanding IQ Tests The very first IQ tests were designed to identify schoolchildren in need of extra academic help. Over time, that intention was flipped, and the tests quickly transformed into a means to identify individuals who had higher intelligence than the average.?? On a standardized exam, such as the Stanford-Binet test, the average IQ score is 100. Anything above 140 is considered a high or genius-level IQ. It is estimated that between 0.25 percent and 1.0 percent of the population fall into this elite category. Terman’s Study of the Gifted With the advent of IQ testing, researchers began to examine whether higher tests influenced anything more than a persons academic success. In the early 1920s, psychologist Lewis Terman began to investigate the emotional and social development skills of children with a genius-level IQ. Basing his study in California, Terman selected 1,500 children between the ages of eight and 12 who together had an average IQ of 150. Of these, 80 had scored over 170.?? Over the next few years, Terman continued to track the children and found that most were socially and physically well-adjusted. Not only were they academically successful, but they also tended to be healthier, stronger, taller, and less accident-prone than a matched set of children with normal IQs.?? After Termans death in 1956, other psychologists decided to carry on the research, dubbed the Terman Study of the Gifted. The study continues to this day and is the longest-running longitudinal study in history. What Is a Genius IQ Score? Correlation of Intelligence and Achievement Among some of the original participants of the Terman study was famed educational psychologist Lee Chronbach, I Love Lucy writer Jess Oppenheimer, child psychologist Robert Sears, scientist Ancel Keys, and over 50 others who had since become faculty members at colleges and universities. When looking at the group as a whole, Terman reported:?? The average income of Termans subjects in 1955 was an impressive $33,000 compared to a national average of $5,000.Two-thirds had earned college degrees, while a large number had gone on to attain post-graduate and professional degrees. Many of these had become doctors, lawyers, business executives, and scientists. As impressive as these results seemed, the success stories appeared to be more the exception than the rule. In his own evaluation, Terman noted that the majority of subjects pursued occupations as humble as those of policeman, seaman, typist and filing clerk and finally concluded that intelligence and achievement were far from perfectly correlated.?? What Do IQ Test Scores Mean? Personality Traits and Success Researcher Melita Oden, who carried on Termans research after his death, decided to compare the 100 most successful subjects (Group A) to the 100 least successful (Group C). While they essentially had the same IQ levels, those in Group C only earned slightly above the average income of the time and had higher rates of alcoholism and divorce than individuals in Group A. According to Oden, the disparity was explained, in large part, by the psychological characteristics of the groups. Those in Group A tended to exhibit prudence and forethought, willpower, perseverance, and the desire to excel. Furthermore, as adults, they exhibited three key traits not seen in most Group C subjects: goal-orientation, self-confidence, and perseverance. This suggests that, while IQ can play a role in life success, personality traits remain the determining feature in actualizing that success. Criticisms of the Terman Study While the findings of the Terman study were compelling, they are often criticized for excluding factors that may have contributed to a person’s success or failure.?? This included the impact of the Great Depression and World War II on a persons educational attainment and gender politics which limited the professional prospects of women. Other researchers have since suggested that any randomly selected group of children with similar backgrounds would have been just as successful as Termans original subjects.?? What This Tells Us One thing that IQ scores can reliably predict is a persons academic success in school. Research also suggests that people with high intelligence tend to be more successful at work as well.?? However, in some cases, it may just be the opposite. In fact, some studies have suggested that children with exceptional academic skills may be more prone to depression and social isolation than less-gifted peers. Another found that people with higher IQs were more likely to smoke marijuana and use illegal drugs.?? One explanation for this, according to the researchers, was a personality trait known as openness to experience. This trait is one of the key personality dimensions described in the big 5 theory of personality.?? Openness is a trait that essentially removes unconscious barriers that would otherwise prevent a person from experiences considered socially unacceptable. Moreover, it is moderately associated with creativity, intelligence, and knowledge. By contrast, being closed to experience is more associated with routine, traditional behavior, and a narrower set of interests. What Are the Big 5 Personality Traits? A Word From Verywell While researchers continue to debate Termans research, most are in agreement about the key finding: that while intelligence may suggest a potential for success, fulfilling that potential requires skills, traits, and support that IQ tests alone cant measure.??

Women s Process Of Self Discovery - 1295 Words

She also states that transgender people are adding a new perspective to the narrative of gender that is why â€Å"non-transgender people, from religious conservatives to anti-trans feminists, may see transsexual identities as a threat to their own sense of identity† (Ladin, 2015). I imagine Ladin had in mind Germaine Greer, a renowned feminist when she wrote her article, Greer stated that â€Å"a post-operative transgender woman ‘can’t be a woman’† (Saul, 2015). Nevertheless, comments of this kind challenge us to explore if the constructed definition of what it is to be a woman, or a man, is more relevant than being human. It also gives society an opportunity to reframe our questions to create more inclusive, compassionate and non-judgmental†¦show more content†¦Here, Butler proposes a broader look to gender; perhaps, the act of â€Å"becoming† has no end. That radical way of looking at gender expression is profoundly liberating, because then, we can contemplate the idea of becoming many things without having to name it. Femininity, at its core, is constructed through patriarchal ideas and society place femininity at a lower level of importance than man. Therefore, the redefinition of gender expression is far more than necessary to reconstruct how we want to be seen. The transgender women’s narrative is about recognition, a claim to be seen and heard. I see in their stories characteristics that I recognize in me or tha t I aspire to be: courage, resilience, curiosity, possibilities, beauty, depth, and respect for themselves; in the midst of struggle, pain, fear, and confusion. Janet Mock writes, â€Å"Self-definition and self-determination is about the many varied decisions that we make to compose and journey toward ourselves, about the audacity and strength to proclaim, create, and evolve into who we know ourselves to be† (p.172). The increasing participation of transgender women in social and mass media communications has the potential to help all of us to reconnect with our internal voice. When we see transgender women, fiercely, not conforming with their imposed identity, and managing to accept their own womanhood, they bring us all an opportunity to

Lucille Ball Essay - 1159 Words

Lucille Ball amp;#9;Lucille Ball has made significant and positive contributions to the country with her comedy. Many consider her Americas best female actress. Kathleen Brady, in fact, says, quot;Lucille Ball is one of the greatest performing artists America has producedquot; (ix). Throughout her career, Ball has not only been a comedienne, but also a superb businesswoman, an excellent role model, and has won numerous awards. amp;#9;Lucille Balls major contribution has been as a comedienne. Not only was she the star of the world renowned television show, I Love Lucy, but she has also performed on radio, in films, and even on Broadway. Ball had an extraordinary personality. quot;In short, Lucille Balls unique brand of wacky†¦show more content†¦After her split with Desi Arnaz, quot;Lucille Ball at last realized her dream of Broadway success, opening in the musical comedy Wildcat on Dec. 16, 1960quot; (Moritz 34). Clearly her talents were varied. amp;#9;In addition to being an exceptional comedienne, Ball was a superb businesswoman. While she was married to Desi Arnaz, she and Arnaz bought out RKO radio station, and changed its name to Desilu. After she and Arnaz divorced, Lucy bought all of his shares of Desilu (Moritz 34). This was very uncommon for women to do at this time. It was very rare that women even had any say about what was going on. This proved her strength as a woman. When she was ready to sell Desilu, Ball made a handsome profit from selling the company for $17,000,000 to Gulf amp;amp; Western in 1967. Obviously she knew what she was doing. In fact, Gloria Steinem said, quot;I admire her as a business woman. You know, she really seemed to control her entire professional life and was very, very smartquot; (100 Years of Great Women). She was certainly a brilliant businesswoman. amp;#9;Because of her unbelievable talent as an actress, comedienne, woman, and person in general, Lucille Ball has become a role model for many people. Among these people are Rosie ODonnell, Carol Burnett, and Bette Midler. In fact, Rosie ODonnell said, quot;Lucille Ball paved the way for every female performer, I think, today. You know, you have to honor those who came before you and give a hand to those whoShow MoreRelatedLucille Ball Short Speech711 Words   |  3 Pagesline. You really have to love yourself to get anything done in this world.† Lucille Ball. Lucille Ball was a famous actress on the CBS network, starring in the nations most beloved show ever, â€Å"I Love Lucy† and continued to be on countless television show and movies, such as â€Å"The Lucy show†, â€Å"The Lucy Desi comedy hour† and many many more. She is funny, inspiring, a hard worker, interesting, pioneer. Early Life Lucille ball was born on August 6th 1911 in Jamestown, New York. She soon after lost herRead MoreThe Life and Times of Lucille Ball Essay1110 Words   |  5 PagesThe Life and Times of Lucille Ball Love yourself first and everything else falls into line. You really have to love yourself to get anything done in this world. That quote was one that Lucille Ball lived by throughout her twisted and turbulent life. As one of the most recognized faces in the world, she is known to millions simply as Lucy. She went from waitress and salesgirl to model to Goldwyn Girl to radio clown to an unlikely leading lady in a ground-breaking sitcom that is still seenRead MoreMovie Analysis : I Love Lucy991 Words   |  4 PagesOn Monday, January 19, 1953, I Love Lucy made history. It was the night Americas favorite Hollywood couple Lucille Ball and Desi Arnaz gave birth to their second child. But, it was also the night Americas favorite fictional couple, Lucy and Ricky Ricardo, were giving birth to their first on the CBS hit, I Love Lucy. The show, already living in its reign as the number one show on American television, managed to receive forty-four million views on the episode, â€Å"Lucy Goes to the Hospital,† making itRead MoreComparison of 1984 and the Handmaids Tale1085 Words   |  5 Pagesthe faults in a society. Similar to Eleanor Roosevelt and her fight for women’s rights is the actress Lucille Ball. Lucille Ball was a funny and strong and hard working individual. Over the course of her two marriages, she built a huge production company named Lucille Ball Productions. During her time, the mid twentieth century, women were still seen as nothing other than housewives. Ball broke out of this stereotype and made a life for herself where she did not have to depend on any male figureRead MoreMark Twain s Clemens Notebook 19041341 Words   |  6 Pageseverything. Lucille Ball chose to be different from other women in the United States, she was an actress, a very notorious and successful one at that. Ball was slow and steady, but eventually became a success. As told in Top 101 Remarkable Women, edited by Jeanne Nagle, Lucille Ball was unsuccessful at first, but she eventually became more and more popular. To the point she and her husband formed Desilu Productions, launching comedies and specials, such as, I Love Lucy and The Lucille Ball-Desi ArnazRead MoreAnalysis Of I Love Lucy 1118 Words   |  5 Pagesone of the most popular and legendary television shows from the 50 s with a large audience. As well as it has played an important role on the basic element of the sitcom genre. The fame of this comedy show is for the skills of the actors like Lucille Ball (Lucy) and Ricky Ricardo. This show is about the daily life of marriage. Through this show the audience can relate to middle-class couples. This young couple illustrates the experienc es of a typical America marriage. This show allows the audienceRead MoreWomen s Influence On Women1599 Words   |  7 PagesPublic Service Announcements. TV sitcoms were a popular situational comedy that many watched in the 1950s. They are often characterized by their humorous dialogue and characters. Most popular of the ‘50s sitcoms was I Love Lucy, starring Lucille Ball and Desi Arnaz. Starting in 1951, I Love Lucy is about a Cuban band leader, Ricky Ricardo, and his wife, Lucy, living in New York City. Lucy draws most of the laughs in the show, often because of her silly or pathetic actions. Even though theseRead MoreCrazy in Alabama Summary1243 Words   |  5 Pagestwo main characters. 1- Peejoe Bullis and his brother Wiley are orphans who live with their grandmother. 2- Lucille Vinson kills her husband Chester because he wont let her go to Hollywood to star in the sitcom The Beverly Hillbillies, where she has been cast for a 2-episode role. Lucille is Peejoe and Wileys aunt, and the sister of Dove, another uncle of the two boys. When Lucille goes to Hollywood with Chesters head in a Tupperware container after having poisoned him with rat poison, sheRead MoreFunny Girl Essay839 Words   |  4 PagesMany women have certainly proven that women can be funny by breaking into an entertainment forum that is still today seen as quite the â€Å"boys’ club†: women like, Lucille Ball, Phyllis Diller, Joan Rivers, Lily Tomlin, Whoopi Goldberg and plenty more. These women are comedians, the funny girls, but what does it mean to be a funny girl? Using history and the feminist theory, this paper will provide a perspective of what it really means to be that funny girl. So when did women become â€Å"funny†? I meanRead More The Show I Love Lucy Essay4240 Words   |  17 PagesThe combination of these factors yielded a television show that portrayed situations that average Americans could identify with. The luck of having talent is not enough; one must also have a talent for luck. -- Hector Berlioz Undoubtedly, Lucille Ball carried the show with her impeccable comedic timing and physical comedic abilities. She was not without support, however, as Desi Arnaz proved to possess so much more talent in the show than he was often given credit for. It was fate and a bit

Marketing and Robertson Tool Free Essays

Q) If you were Mr. Vincent would you try to gain control of Robertson tool in May 2003 If I were Mr. Vincent , yes I would like to gain control of Robertson tool in May 2003. We will write a custom essay sample on Marketing and Robertson Tool or any similar topic only for you Order Now The synergy after acquiring as well as profits which would be gained after the merger will be more than the cost of the merger. Monmouth had earlier acquired Dessex. It acquired a quality product line, an established distribution system of 15000 retail hardware stores spread across United States as well as in Canada and Mexico. The Acquisition of Dessex provided a solid base for the other two companies which were added, Keane and Kroll. Keane was highly profitable but was under mismanagement whereas Kroll was a leading supplier of soldering tools to industries, electronics and consumer market. The sales force in Monmouth’s Dessex-Kroll-Keane tools lines overlap with Robertson and this would provide a one of the opportunities of lowering costs of operations. Robertson was one of the largest domestic manufactures of cutting and edge hand tools and a leader in its two main product areas. This well fitted with Monmouth’s strategy to acquire only leading companies in their respective market segments. The two companies will also complement each other in terms of their sources of earnings where Robertson’s’ strength in the industrial market and its strong European distribution system would of great asset and would pull Monmouth’s products strengthening their presence in this market. Acquisition of Robertson Tool fits well with Monmouth’ diversification strategy and will allow them to broaden markets and be less sensitive to the general economic conditions. Robertson has great distribution system with coverage all over the world. Robertson is believed to have the strength to grow as fast as other companies in terms of sales (6%-7%) in its industry. More importantly, it could provide Monmouth the diversification of product line. The expansion in the hand tool market would lessen the volatility of Monmouth caused by the cyclical nature of heavy machinery and equipment sales. Besides, Monmouth could help Robertson Tool reduce its cost of goods sold and selling expenses substantially, due to the elimination of sales and advertising duplication and excessive number of products. The two companies would also be complementary since they each dominate in the industrial and consumer market. Q) Why is Simmons eager to sell its position to Monmouth for 50$ per share? Simmons wanted to gain a majority stake at Robertson yet he was falling short of 249000 shares which needed to give him majority control. Simmons now feared that Robertson might merge with NDP and he would have to receive NDP common stock for its 177000 shares of Robinson Stock which he knew wasn’t good at all. On the other hand, a merger of Monmouth and Robertson would allow Simmons to convert its share into common stock of Monmouth at an acceptable exchange rate. Simmons expected a rebound from cyclical downturn and Monmouth stock would show price appreciation. The stock was traded on NYSE which provided substantial liquidity. So he agreed for 50$ per share as it was a good price. Moreover the Book value was $53 so it seemed to be a pretty good deal for Simmons. How to cite Marketing and Robertson Tool, Essays

King Lear Essays (706 words) - Film, Grimms Fairy Tales, Fiction

King Lear A Fairy Tale Family Families aren't perfect. When one thinks of fairy tales, he thinks of the perfect princes and princesses living happily ever after, similar to Cinderella finding her Prince Charming. However, life was not always perfect for Cinderella; before finding her prince her stepmother and stepsisters tortured her life. In Shakespeare's King Lear, the play presents a happy and loving royal family, almost like a fairy tale. Nevertheless, the families in King Lear parallel the anguish and strife that Cinderella suffered with her family. In King Lear Goneril and Regan portray the two stepsisters of Cinderella. Bound by greed and fortune, both sisters act out a scene of love for their father, King Lear. In reality, though, they plot for his death and his riches: ?There is further compliment of leave-taking between France and [Lear]. Pray you let us hit together; if our father carry authority with such disposition as he bears, this last surrender of his will but offend us.? (Act I, Scene I) Cinderella's father was quite wealthy and once he married Cinderella's stepmother, his wealth was dispersed among the new family. However, after his death, Cinderella had none of her father's inheritance. Goneril and Regan made flowery speeches to declare their love for their father only to inherit the divided kingdom, however their words were only empty and not full of emotions, like their younger sister, Cordelia. Cordelia, like Cinderella, truly loved her father, even if words did not express the way she felt. Unfortunately, both were left with nothing from their father, while the wicked sisters got all. King Lear's family represents a family of royalty and fairy tale, however problems arise in this royal household, just as it did in Cinderella. King Lear is not alone with family problems; his children also trouble his dear friend, Gloucester. Just like King Lear's daughters, Gloucester's bastard son, Edmund, wants the family inheritance for himself. His treachery is as wicked as Goneril and Regan ? to kill their own father. He says to himself, ?Legitimate Edgar, I must have your land. Our father's love is to the bastard Edmund as to th' legitimate.? (Act I, Scene II) Greed has consumed Edmund's mind that he does not care for his brother or father. He acts as the male counterpart of the stepsisters, and Edgar as the female counterpart. This royal household as well, lives the fairy tale setting; however, there is always a twist in a perfect story. Goneril, Regan and Edmund present themselves as the villains of this royal, fantasy family, just as the stepsisters and the stepmother were to Cinderella. To every villain, there is always a hero or heroine. In this case, Cordelia and Edgar, the faithful children, save their fathers from their doom. After Goneril and Regan punish their father by releasing him in the wilderness, Lear goes mad and uncontrollable, however Cordelia is the one who tames her father: ?O my dear father! Restoration hang thy medicine on my lips, and let this kiss repair those violent harms that my two sisters have in thy reverence made.? (Act IV, Scene VII) Even though Lear disinherits Cordelia, she still remains faithful to her father and brings him back to health. She holds no grudge for the banishment onto her. Edgar does the same as well; he duels his bastard brother in honor of his father and says, ?My name is Edgar, and thy father's son. The gods are just, and of our pleasant gives make instruments to plague us.? (Act V, Scene II) Because of Edmund, Edgar fled the country in fear, and Gloucester suffered an eye gouging. But no matter what suffering Edgar went through, he honors his father and fight for him. Both Cordelia and Edgar look past the wronging that their fathers have done to them and instead recognize the suffering that their siblings have done to their fathers. The royal families in King Lear parallel many aspects of a fairy tale, specifically Cinderella. Both have their wicked siblings who plot against the protagonists. Although fairy tales have their villains, just as King Lear had Edmund, Regan and Goneril, they also contain the heroes of the story who make the fairy tale a happy