Italys Economy Of Italy - 1733 Words

Italy’s Economy Today Italy has the ninth largest economy in the world (â€Å"Economic Forecasts†). This beautiful place is located in the European zone, and its capital is Rome. I have never traveled outside of the United States, and I would love to travel to Europe and explore Italy. As a result, I researched about the economy of Italy. I gathered that it has a stable economy due to the manufacturing and industrial sectors, but it has had some complications in the past years. I also researched about its GDP and retirement plans. First off, Italy relies primarily in the service sector. This is the best way of increasing its economy. The service sector consists of almost three-fourths of Italy’s total GDP (â€Å"Economic Forecasts†). It makes up†¦show more content†¦The tourists spend money on beautiful hotels, shops, restaurants, and much more. Italy’s landscape brings in millions of tourists that increase Italy’s GDP. This all leaves Italy a little wealthier and increases the country’s economy. Around forty million tourists visit Italy yearly, making tourism a great contributor to Italy’s economy (â€Å"Maurizio Russo: Exclusively†). Some of the most toured places are Venice, Genoa, and Rome. Italy is well known for these wonderful places, and they bring in the greatest profit from the tourists. Tourism brings in over thirty billion euros to Italy’s economy, and produces over one million jobs (Pike). Since Italy is such a beautiful country, tou rism is a huge economic factor and contributor. On the other hand, Italy’s economy relays secondly on the industry sector. The manufacturing sector within the industry sector makes up for the other one-fourth of Italy’s total GDP (â€Å"Economic Forecasts†). Twenty-five percent of Italy’s economy is made up of producing manufactured goods (â€Å"Economic Forecasts†). These goods are a main contributor, and they make up a big portion of Italy’s GDP. The economy of Italy is conformed of different size firms, and ninety-three percent are family-owned (Pike). The small and medium firms specialize in a particular part of production. Italy also has large industries that contribute to its economy, and these industries

Different Stages Of Development Children Go Through Essay

Sensitive Periods Have you ever wondered how many times a child can repeat an activity or a song or an action without getting bored? When I was working as an assistance teacher at our school, even I used to get questions from parents about why children are repetitive in some things at certain stages. These types of questions will be answered if we all understand the concepts explained by Dr. Maria Montessori regarding different stages of development children go through. Maria Montessori believed that children pass through different phases in which at certain stages throughout their development they have a predisposition or sensitivity to learning a specific skill. These stages are called ‘Sensitive Periods’. Each period lasts for as long as it is necessary for the child to accomplish a particular stage in his development. These periods of sensitivity are transitory. They only last for a certain duration of time. Some sensitive periods run parallel, some overlap and some succeed each other. When the goal of the period is accomplished, the special sensitivity simply falls away. In other words, it reaches its peak and dies away. The concept of Sensitive Periods in a child’s life will remain forever as Dr. Maria Montessori’s greatest discovery. Even though the concept was first used by a famous Dutch biologist, Hugo de Vries in connection with animal development research, Dr. Maria Montessori was the one who found similarities and applied the concept to human developmentShow MoreRelatedJean Piaget : Theory Of Cognitive Development Essay1377 Words   |  6 Pages Jean Piaget: Theory of Cognitive Development Jean Piaget, was a trained biologist who was employed at the Binet Institute, where his main job was to develop a French version of an intelligence test. Piaget was very interested in the reason why children would give wrong answers to questions which called for some type of logical thinking. It was believed by Piaget that these wrong answers showed some very drastic differences between the way children and adults both thought ( McLeod, 2015), thisRead MoreHelping The People Who First Learn Educational Psychology Essay1084 Words   |  5 Pageshelp learners understand the factors of human development and it could also guide us how to be a great educator in the future. There are many different developments in educational psychology, such as cogntive development, social, emotional and moral development. Each development is significant and we have to go through. In this essay, I am going to introduce two theorists’ different theories on cogntive and identity development. â€Å"Cognitive development is concerned with our ability to think, to reasonRead MoreErik Erikson s Eight Stages Of Psychosocial Development1428 Words   |  6 PagesErik Erikson’s eight stages of psychosocial development are very well known in the world of psychology. These eight stages deal with critical situations that we go through in life from infancy to late adulthood. â€Å"Throughout life we go through various stages during which we meet ever changing psychosocial challenges – the completion of these stages prepares us to move on to the following stages (Erikson’s Stages Through Identity).† This makes sense because we go through life making decisions in orderRead MoreExplain the Difference Between Sequence of Development and Rate of Development and Why the Difference Is Important922 Words   |  4 Pagesbetween sequence of development and rate of development and why is this difference important. Sequence of development refers to the normal sequence in which children learn different skills, and the rate of development refers to the speed in which a child will develop. 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Business strategy of Tyson food Inc-Free-Samples for Students

Question: Tyson produced and distributed beef, chicken, and pork products in the United States. It acquired IBP, a major Competitor, but had been the subject of lawsuits by its Employees and the EPA. How should Management deal with its poor public relations and position the Company to gain and sustain Competitive advantage in an industry characterized by increasing consolidation and intense Competition? Answer: Business strategy of Tyson food Inc is effective as they play an important role in the meat processing industry. Tyson is known as the second largest exporter of beef in US as well as their serving industries. The main competitor of the company is IBP. The company has taken acquisition strategy, integrating it with growth strategy. They have acquired their next competitor IBP Inc., which has affected their business revenue. As a beef packaging company, they have also added value to their value chain in the industry (Munro 2013). This strategy helped them immensely in making the business strong and vertically integrated as well as in forward integration. This is the main operational strategy that helps them in competing in the business. Going with their aggressive acquisition strategy, over the years they have also acquired Hudson Foods Inc., Garret poultry, Hillshire Brands and different Brazilian poultry business. Expanding in different key international places, they have also exten ded their branch in Tokyo, Shanghai, Moscow, London and Dubai (Sector Trend Analysis - Livestock and Meat Trends in the Gulf Cooperation Council Agriculture and Agri-Food Canada (AAFC), 2017). Their branch in Dubai is known as Gulf food and is sponsored by different Dubai originated organisations (Tyson Foods Inc. 2017). As a belonging to a food processing company and having the first mover advantage their products are also differentiated than the competitors. The corporate strategy includes growth in domestic value added chicken sales, food sales as well as enhancement in chicken production. Their corporate strategy also included innovation in processing mechanisms as well as increasing the innovation in packaging services. Increasing effectiveness in the customer relationship management and getting more consumer insights in their product and services should also be given emphasis in the new strategy. Cultivating the members and teams performance is also part of their corporate str ategy. Food industry analysis - Food industry is one of the most growing sector in the US as well as the international market. The domestic meat industry in UAE is not sufficient to meet the expectations of the industry. UAE is one of the fastest growing industries stimulated by their population growth, Urbanisation and rising incomes. In halal meat consumption, UAE is mostly noted in the international market. Though the population is less, it is also one of the most essential exporters of the halal meat from the Canadian livestock. As from the gulf corporation trends the beef consumption is high in the country Sector Trend Analysis - Livestock and Meat Trends in the Gulf Cooperation Council - Agriculture and Agri-Food Canada (AAFC), 2017. Figure: Meat import trends in UAE Source: Sector Trend Analysis - Livestock and Meat Trends in the Gulf Cooperation Council - Agriculture and Agri-Food Canada (AAFC), 2017 According to the report on the imports of the country US ranks fourth among the importers of the company. The main competitor of Tyson in exporting to UAE is Brazil and India. In poultry and frozen beef, United stated has acquired the third position in UAE. SWOT analysis - Strengths Tyson Food Inc. is one of the largest meat processing industries in US as well as in the international level. It also has strong position in the country and employs around 115,000 people. They also have 300 facilities in the company around US and abroad including Dubai. Their association with the largest brands of fast food sellers like McDonalds, KFC and Taco Bells has also provided them with a distinct competitive advantage (Tyson Foods Inc. 2017). The diverse group of supply partners are also strong advantage of the company (Johnson, 2017). Weakness The brand faces immense competition from the local competitors of meat producers and processors. They also have faced several lawsuits regarding water and air pollution. As the industrys nature the wastage of the companies are harmful if not processed. Their air and water dumps were very harmful and they continued to dump the wastage harming the environment by the report of United States Environmental protection Agency (EPA) (Johnson, 2017). They also faced lawsuits in hiring immigrants without proper documents, which affected their face loss between the prospective workforce as well as the brand reputation. The company also has limited market share though being in the global market (Cavusgil et al., 2014). Opportunities the company is one of the most experienced in the industry but their branding activities are very less. The brand visibility is also less in the country. They can strengthen their relationship with their suppliers as well as with the purchaser like McDonalds and Taco Bells. Associating with other global brands like Dominos and other bulk sellers of meat in the international market can provide a competitive advantage for the company. Their main aim to get involved in the common household kitchen also can be utilised as an opportunity (Cavusgil et al. 2014). There national food outlets and restaurant chains can also be used for increasing the profitability or brand awareness of the company. Threats the change in the customer preferences, vegans and their influence in other meat eaters are very harmful for the industry as well as Tyson. Economic fluctuations and fall in the prices of fast food can also affect the companys bottom line (Johnson, 2017). Corporate social responsibility -However, the company has been facing different lawsuits they have also invested in the different renewable energy projects. As after processing they are left with vast supply of fats and animals leftovers, they use it as a resource of Bio fuels. Their joint venture with ConocoPhillips to produce and use the biodiesels in truck fleets can also be used in the process, helping them save fossils fuels (Cavusgil et al. 2014). Tyson also contributed millions of dollars in the non-profit organisations and was listed among the Forbes magazine for their generous campaign all across America. They also contributed in the rescue mission campaign in Mexico. More than 8 million dollar was donated in the previous fiscal year through different hunger relief camp, health and nutrition camp, different sustainable agricultural projects, and community development projects of the company. This corporate social responsibility helps them in increasing sustainability, managi ng risk with compliance and strategic value creation (Pai et al. 2015). The philanthropic part like charities in this case is also part of the process. This thinks also helps them in maintaining a proper relationship with their suppliers as well as the customers. This also helps them in mitigating operational risk among the company. The competitive advantages of the company are, their cost structure and investment decisions until now have proven to be efficient and added value for the company. The diversified suppliers chain and pricing mechanism has provided the company with certain advantages in increasing efficiency. Investing and acquiring companies in their forwardly integrated company made them effective in reaching to their customers. The retail chain and food service has upgraded their product mix strategy in the company. They are also into rapid innovation of their products and acquiring Hillshire brand for Category Captaincies. The company has also invested in the buy versus grow strategy in chicken processing. Their rapid quality improvement activities have helped them in value addition. Growth through acquisition -The Company has used aggressive acquisition strategy over the years. They have strategically backwardly integrated with companies that have provided them with the proper supply chain advantage (Adamides, 2015). Their strategic integration with IBP Inc. was a better plan to reach the end customers as well as expanding while growing in the industry. Their ventures with the largest and established brands like McDonalds and KFC was part of their growth strategy. The company has also increased their service market in Hudson Foods, Garrett Poultry, Honey bear foods, Wright brand food Inc and several others. Having access to a huge asset, they have used that in biding and winning against their competitors like BEF-Brazil Foods, Pilgrims Corp and Cargill incorporated. Venturing with ConcoPhilips has also provided them with the proper strategic advantage of using the renewable Biodiesel for transportation. Stakeholders Issues - The multinational corporation is one of the largest competitors in the industry. The internal stakeholders, for examples they maintain a proper relationship with their suppliers and employees. The company has faced several lawsuits for employing the immigrants without documents in the company (Rugman Verbeke, 2017). Their steady corporate social responsibility activities have provided them with proper reputation among their customers as well as the suppliers. They were accused of being involved in employee abuse. The animal abuse was also major matter of killing in improper manner. These incidents affected the brand reputation of the company. Despite those incidents, they have a positive brand identity among their stakeholders. To eliminate the issues faced by the company, alleviating public relations in the media should be considered. First, a framework involving the planning should be strategized (Rugman Verbeke, 2017). A proper way of handling is also throu gh talking and maintaining the transparency. If there is some mistake that have occurred during any process, it should be acknowledged. Then a reform against the matter should be implemented. In this case, a standard procedure in employee rights and human rights should be implemented and made effective strictly for the office purpose (Adamides, 2015). Political and legal trends -The international market of meat is growing though there have been a reduction in the red meat industry according the article published by Fortune Annual US meat consumption statistics. The poultry and chicken have shown steady growth in the country. The political trend in food industry is growing with no proxy for this kind of consumption (KPMG 2016 UAE Food Beverage Report, 2016). There is no direct threat from the political aspect in this industry as the company is expanding towards the naturally processed chicken products. The market analysts have recognised that the big players in the industries are acquiring the small organic firms. The food should be labelled with the healthy and safety according to US food and drug Administration. According the Bioengineered Food Disclosure standard the genetically modified organisation used in the processing should be mentioned in the label and according to the law standard of USDA. The social as well as cultural trends in this industry are tending towards using less or no meat in the recent years. Though there is no proper substitute of meat, any kind of meat is being rejected in small communities of vegetarian. People are getting more conscious about their health and their preferences are changing. The processed red meat sales are being declined in the international market according to the report published by WHO (World Health Organisation), though the US market independently showing no such trends and the sales are increasing comparing with the last year sales (KPMG 2016 UAE Food Beverage Report, 2016). The human resource strategy of the company is in need of evaluation as the company has faced an issue regarding the abuse of human rights in the office premise. The framework of the companys human resource strategy is consisting of the societal factors including the code of conduct in the office premise (Silverman, 2016). Their standard procedures and organisational code of conduct is in need of reform to increase their brand reputation among the labour industry. The damage due to unsafe nature of work in the factory needs proper safety formulations by the human resource management, which would also help in increasing the proper environment for the company culture and environment (Pedersen, 2015). The high performance and proper adoption of leadership strategy is significant role in company culture and process of work. Core Competency - The Company is long driven by their innovative strategies and were sustainable in implementing those strategies. Their different strategies also increased with their growth. The product differentiation, operational effectiveness, sustainable corporate social responsibility related strategies were some of the core competencies (Purce, 2014). They are also opening different branch in different key metropolitans in an international base. The recent venture in Dubai with gulf food poses a challenge as well as opportunities for the company. Their products are very different from their competitors. Their deliverables to their competitors are relevant. 21 % of their service is from the food service industry from retails and their restaurant chains (Silverman, 2016). The scalable supply chain management is also a part of their competitive advantage. Evaluation and Control - The Company has gone by the Accelerate, Innovate and Cultivate international strategy while giving the value added product. They have also expanded in the international market (Purce, 2014). To evaluate their internal process and proposed strategies to alleviate their corporate culture, the process that can be suggested are reporting sessions after assessing the cultural environment, Collecting information on the change procedures should be given emphasis in this evaluation process (Tai Chuang, 2014). The change management process can do the control of this new change. Communicating the new plan with the employees and then after implementation, the feedback should be taken by surveying the staff. This would also ensure the employees are in harmony with the companys operational procedures (Appel-Meulenbroek 2014). As the company is operation from its headquarter in US, the central body should review the current procedures of code of conduct and address the ne ed in all of its branches across the world. References Adamides, E. D. (2015). Linking operations strategy to the corporate strategy process: a practice perspective.Business Process Management Journal,21(2), 267-287. Appel-Meulenbroek, R. (2014). Modelling how to reach alignment with corporate strategy.Journal of Corporate Real Estate,16(2). Cavusgil, S. T., Knight, G., Riesenberger, J. R., Rammal, H. G., Rose, E. L. (2014).International business. Pearson Australia. Johnson, G. (2017).Exploring strategy: text and cases. Pearson. KPMG 2016 UAE Food Beverage Report. (2016). Retrieved from https://assets.kpmg.com/content/dam/kpmg/ae/pdf/kpmg2016_uae_foodandbeverage_report.pdf )(((((( (KPMG 2016 UAE Food Beverage Report, 2016) Munro, V. (2013). Stakeholder preferences for particular Corporate Social Responsibility (CSR) activities and Social Initiatives (SIs): CSR initiatives to assist corporate strategy in emerging and frontier markets.The Journal of Corporate Citizenship, (51), 72.7 Pai, D. C., Lai, C. S., Chiu, C. J., Yang, C. F. (2015). Corporate social responsibility and brand advocacy in business-to-business market: The mediated moderating effect of attribution.Journal of Business Ethics,126(4), 685-696. Pedersen, E. R. G. (Ed.). (2015).Corporate social responsibility. Sage. Puranam, P., Vanneste, B. (2016).Corporate strategy: Tools for analysis and decision-making. Cambridge University Press. Purce, J. (2014). The impact of corporate strategy on human resource management.New Perspectives on Human Resource Management (Routledge Revivals),67. Quer, D. (2015). International Corporate Strategy and Management. Unit 5: International Strategy in Different Contexts.Estrategia y Direccin Internacional de la Empresa. Rugman, A. M., Verbeke, A. (2017).Global corporate strategy and trade policy(Vol. 12). Routledge. Sector Trend Analysis - Livestock and Meat Trends in the Gulf Cooperation Council - Agriculture and Agri-Food Canada (AAFC). (2017).Agr.gc.ca. Retrieved 27 November 2017, from https://www.agr.gc.ca/eng/industry-markets-and-trade/international-agri-food-market-intelligence/middle-east-and-africa/market-intelligence/sector-trend-analysis-livestock-and-meat-trends-in-the-gulf-cooperation-council/?id=1490119143313 Silverman, B. S. (2016).Resource redeployment and corporate strategy. Emerald Group Publishing. Tai, F. M., Chuang, S. H. (2014). Corporate social responsibility.Ibusiness,6(03), 117. Tyson Foods Inc. (Dubai Branch). (2017).Gulfood 2017. Retrieved 27 November 2017, from https://www.gulfood.com/exhibitors/tyson-foods-inc-dubai-branch

The College Experience Essays - Startup Cult, DraftCarson Hill

The College Experience In High School, college seemed to be the scariest thing that I could think of. Whenever I thought about it my stomach would immediately begin to spin in circles. Although I was ready to go off and be by myself and meet new people I was scared to death at the same time. I didnt know much about the college experience and what I did know (or thought I knew) scared me. I pictured hard classes that I wouldnt be able to keep up with, people that wouldnt like me, long hikes to get to my classes, and horrible food. I couldnt imagine leaving the security of my own room, my own stuff where I want it, my friends that Ive spent practically my whole life with, my family who put up with all my little quirks, and my car!! What was I going to do without my precious car? Some of my friends that had already been to college and had come back to visit seemed so much older and more mature. I felt twelve years old in comparison. I thought that I would never be able to fit in. Everyone else that I talked t o didnt however seem to have this problem. They all were thrilled at the thought of being on their own and not having to worry about their parents telling them what to do all the time. And sure, the thought was extremely exciting to me as well, but how would I survive without my family and friends and the things that had taken me eighteen years to get used to. I felt like going to college was pretty much taking everything that I knew and had grown accustomed to and throwing it up in the air. The worst part about it all was that I felt like I was the only one that actually thought about this. I felt so immature and childish for actually being scared to come to college. After I thought I wouldnt be able to take the pressures anymore, I decided to approach my mom about the subject. I told her that I was a little scared and the thought of being on my own made me a little uneasy. Sweetie she said, I know its a little hard right now and things are a little confusing and overwhelming but it will get easier. Youll get to school and wonder how you ever got along living here and going to high school. And when you get a little nervous and think its too much just remember to stick it out and you can always come home. Talking to her definitely put me in a better mood about the way I was feeling but I still couldnt shake the nervousness that I got when I thought about the classes that I was taking and the enormous amounts of homework that I was going to have to endure. As time went by I began to not think so much about going to school and I just wanted to savor the time that I had left with my familiar friends. The summer before I came to school was probably the most fun wed ever had. We reminisced about our lives growing up and all the fun that we had over the years. We all knew that come September things would never be the same again and we had to make the most of it while we still could. As the end of August rolled around we knew that it was time to say goodbye and be on our way to our own independence. I packed up the memories of the last eighteen years of my life into about five suitcases and was ready to go. I still didnt feel like I was just as mature as my older college friends and I thought that I still looked like I was twelve years old but I figured I had to go sometime. We finally made it to the dorms and began unloading my clothes and the eight million bags of food that my mom had packed me. Although I wasnt too worried about my new roommate seeing as how she was a friend from home and