The eNotes Blog 19th Century Patriarchy-Defying Prose and Poems Works of Austen andDickinson

19th Century Patriarchy-Defying Prose and Poems Works of Austen andDickinson Jane Austen and Emily Dickinson,  two of the most influential female writers in literature, continue to comment on the mans world of today more than 200 years later. While they didn’t cross paths in their lifetimes (Dickinson was born 13 years after Austen’s death), they led strikingly similar lives. Both were the second daughters of well-respected families, and they never married or had children but were extremely close with their kin- especially their older sisters. In fact, each of their older sisters went on to help publish their literary works after the writers’ deaths. The two did not witness a majority of their works get published: Austen wrote six novels in her lifetime, in which only four were actually published, and Dickinson only saw seven out of eighteen hundred of her poems published in her lifetime. In terms of their writing, Austen and Dickinson both wrote a new prototype for a woman: one rooted in self-respect and personal agency, rejecting the societal expectations of the 19th century. Illustration via Pinterest The 19th-Century Woman During the 19th century, many literary works written by women were not widely accepted. In fact, a significant amount of Austen’s work went to print without her name to avoid the negative stigmas associated with female authorship. Writing was considered a profession for men, and  women were usually expected to remain in the household and be submissive to their husbands. For most 19th-century women, the pressure to marry was crucial for financial security and overall well-being. Both Jane Austen and Emily Dickinson detested the idea of marriage and conveyed these thoughts through the characters and themes within their writing. Jane Austens Novels Not all of Austen’s female heroines hail from the same social class, and each character has a distinct personality. Her female characters are educated, independent women that dream of marrying for love- not money. They are fearless with their opinions and exert a self-confidence that wasnt typical of women during that time. Anne Elliot, the protagonist of Austen’s novel  Persuasion,  says, â€Å"Men have had every advantage of us in telling their own story. Education has been theirs in so much higher a degree; the pen has been in their hands. I will not allow books to prove anything.†   Anne Elliot’s character traits can be considered passionate yet practical and are very similar to those of  Elizabeth Bennet from Austens most famous work,  Pride and Prejudice. After Lady Catherine de Bourgh, inflated with narcissism, tells Elizabeth Bennett she is unworthy to marry Mr. Darcy, Bennett retorts with one of the most prominent lines from Pride and Prejudice:  In marrying your nephew, I should not consider myself as quitting that sphere. He is a gentleman; I am a gentlemans daughter; so far we are equal. To Austen, money and social status does not determine a person’s worth- men and women should be equal, regardless of societys imposition. Emily Dickinsons Poetry Holly Rimmer-Tagoe from The Skinny  wrote,  Ã¢â‚¬Å"for feminists, Dickinson’s experience has become symbolic of the loss of talent that results from women not being able to fully participate in public life and flourish as members of society.† Dickinson herself might have  purposely led a secluded lifestyle to escape a world that would force her into a traditional role as an inferior individual. While she never married, much of her poetry evokes a heart-wrenching tone of a helpless wife trapped in a union deprived of compassion and love. In Dickinson’s  I gave myself to him, she refers to marriage as the solemn contract of life.† She believed that when a woman is married she no longer has any hope of achieving a personal identity. Further, she thought a woman never had the opportunity to construct her own identity in the first place since, before her husband, she looked to her father to dictate the ways to live. This poem- amongst many other of Dickinson’s work- was quite rebellious at the time. In her poem  They shut me up in Prose, she writes, they put me in the Closet /  Because they liked me still. In two lines, Dickinson was able to sum up the essence of a prominent female experience: women were encouraged to maintain a â€Å"still† and docile presence, hidden away in a closet. Their Legacy By no means should Jane Austen and Emily Dickinson be viewed strictly through a feminist lens. Their works are dynamic and complex, exploring universal themes that go beyond gender inequality. However, it’s important to note that without their revolutionary voices, their works may not have had such a lasting impact. Jane Austen pioneered a new perspective on romance and provided a social realism to her readers, and  Emily Dickinson’s honest, emotive poetry has continued to similarly captivate lovers of poetry.   Austen and Dickinson were innovators of literature, who produced countless works that continue, to this day, to inspire writers to use their voices as platforms for self-expression and social critique. Though these women never lived to see the full impact of their works, their legacies lives on through their words. Curious to learn more about Jane Austen, Emily Dickinson, and their famous literary works? Check out to find detailed biographies of your favorite authors alongside full summaries and study guides! (Header Image via Pinterest)

How To Plan A Blog Post In 10 Minutes

How To Plan A Blog Post In 10 Minutes Every website owner loves the idea of a blog. They love hearing about how adding a blog to your website is one of the fastest and easiest ways to increase traffic, improve search engine rankings, build a big email list, gain expert positioning, and attract new clients. They love the impact it can have on their social media content strategy and they love that blogging for business is free- it doesnt add another monthly bill. But blogging isnt really free- it takes time, energy, focus, and commitment. Blogging is a long-term strategy, so even though time is being taken away from billable work to write blog posts, there more than likely isnt going to be an immediate return on investment. Plus, because were an instant gratification society, this causes frustration and makes site owners want to spend less and less time creating new blog content, because its a lot of work and they dont get an immediate reward. So, while website owners love the idea of blogging for business, they are not using their blogs! Often nothing new has been published since the site originally went live, or it's been three, six, or even twelve months since any new content has been added. Yikes! Can you relate? Do you like the idea of having a blog, but feel overwhelmed by the realities of managing a blog and creating new content regularly- good content, you can be proud of? Is it hard to come up with ideas for new blog posts? Are you struggling to come up with great headlines and find the time to write new posts? Wouldn't it be great if you knew how to quickly generate new blog post ideas or have a stash of post ideas available to you at any time? Do you need help finding inspiration for your blog content and a guide to craft a good post? Yes? Well, you're in luck. I am going to walk you through five different ways on how to plan a blog post in 10 minutes or less so you can write it better and faster- without stress, frustration, or overwhelm.  I am also going to give you a tool I created for myself to help me create great headlines and map out a ton of blog post ideas at one time- and you don't even have to opt-in or give me an email to get it. 5 ways to plan a blog post in under 10 minutes with a nice checklist to get started.I know everyone is not inspired the same way. Some people find inspiration in visuals, others need the headline to be perfect before they can write, some people hate to write, and still others will procrastinate until the last minute. To make blogging for business easier and faster, you don't need a cookie cutter formula. You need the right tactics and strategies at your fingertips to help you find your unique creative groove. Once you find that place, planning  blog content will be easier and writing blog posts will happen faster. 1. Like To Plan Ahead? Keep An Idea File For Posts. An idea for a blog post may strike at any time. An image, a tweet or Facebook post, an experience, another person's actions, a blog post you read, a client question, a business struggle, or even a talk at an event could inspire a new idea. Create a place to write down your blog post ideas so you have them to pull from in the future. You could do this in a multitude of software programs, in a journal, or even on your phone. I keep a plain text file on my desktop and I use the Notes app on my phone. But here's the kicker: You can't just write down the idea or the headline. You need to add context to the idea and create a mini post outline. This often takes far less than 10 minutes, and it takes all the stress out of writing the post later. Here's what to write down when a new blog post idea strikes: The topic or idea. Any possible headlines. How you came up with the idea. Any story that may fit with it (this is a lifesaver, as you think you'll remember it, but you may not). The link to your inspiration source if appropriate. Inspired by a tweet or Facebook post? Snag the embed code so you don't have to hunt for it later. The key message you want to communicate in the post or major bullet points. Any image ideas. Don't overthink it. Write down everything you can about the topic at that moment, and don't worry about writing in complete sentences. Don't edit yourself now; you can do that later when you're writing the final blog post. This exercise is just about getting the meat of the post out of your head. When you write down your blog ideas, you need to capture more than just your headlines.If you do this every time you have a new idea for a blog post, you'll build up a valuable idea file full of blog posts that are already halfway complete! Then when you need to write a post, you can grab one from your file, finish it up, and hit publish! 2. Work Better Under Pressure? Set A Timer. I love timers. I love the feeling of the clocking ticking down, the pressure on, and a task to complete. A challenge was accepted, adrenaline kicks in, and I'm thinking let's do this. I often do my best work under pressure with a deadline. I tune out all distractions, focus, and get things done in a much shorter amount of time than normal. Using a timer is merely a faster, more effective way of time blocking tasks. So, if you're like me, you may benefit from using this same approach when brainstorming blog post ideas. Here's how it works in only 10 minutes: Choose one topic, set a timer for 3 minutes, and brainstorm as many headlines as you can on that single topic. Don't edit as you go. Don't second guess. Don't stop or slow down. Every idea is good. Write it down no matter what. When the timer buzzes, stop. Set the timer for 1 minute and in that time, review each headline, circling the best ones (shoot for at least two or three). Set the timer for 6 minutes and in that time, quickly outline the blog post content for each headline. List what content to include, image ideas, story ideas, key messages to communicate, the problem it solves, and why someone should care. If something doesn't come to you for a headline right away, skip it and move on. At the end of this exercise, you'll have at least a few great posts on your topic that are already halfway done. You just need to finish them up later. Need help? I LOVE this exercise. I created a fill-in-the-blank headline guide with more than 200 Mad Libs style headlines to help me quickly brainstorm great headlines with little effort. I just set my timer, fill in the blanks for as many as I can, and then loop back and set my timer again to fill in the content notes for each one. You can download it free (no opt-in needed). 3. Hate Writing? Speak Your Post. I don't know about you, but many of my great ideas don't come to me when I'm conveniently in front of my computer or at home with a journal nearby. And sometimes I can't write them down- like when I'm driving or in the shower. If you can't write down your ideas, or you simply don't like writing- that's okay! You can still create blog content regularly without writing. All you need to do is speak. Yes, you can speak your content- and often do it much faster than writing it. Everyone can talk out loud. It's easy! When we speak, we don't judge, delete, self edit, or criticize ourselves like we do when writing. Plus it is MUCH easier to edit and refine existing content than it is to write it from scratch. Sometimes you just can't write down your blog ideas. Speak them out loud.When you've got a great blog post idea, simply grab your smartphone, your computer, a digital recorder, or use a service like freeconferencecall.com to record your post ideas. Then have the recording transcribed. It's that easy- and you can do it less than 10 minutes. 4. More Of A Visual Person? Start With The Imagery. If you're a visual person who is inspired more by imagery, it's okay to start there. I get great ideas for new posts when looking through stock photo sites and search for images with my brand keywords or the topic I am interested in writing about. But be careful- this can be a huge time suck. You may start looking at images and find that hours have gone by in what seemed like minutes. Here's how to plan a blog post using visuals in 10 minutes: Set a timer for 4 minutes, visit your favorite stock photo site, and search for images on your topic.  For every image you find that gives you a post idea, note the image number, and either add it to a lightbox or download it. When the timer buzzes, stop. Set the timer again for 6 minutes and write down the headline or post topic and all the notes, thoughts, and ideas you have for each image. (Use the same list I shared with you on #1.) Plan a blog post using visuals as your inspiration.When I find an image that inspires a new blog post, I download the image, crop it, and upload to my site. I then create a new post, assign the image, and make all of my post notes in the draft. This way, I can come back to the post and finish later, and I don't have to worry about finding the image again because it's already done and added to the post. 5. Stumped By Technology? Grab A Pencil. Many people are shocked to hear I brainstorm, make notes, and plan out my blog posts with a good old fashioned pencil and paper. Often I'll write an entire article by hand, then refine and edit it when I type it up. Some people just find that their creativity flows faster and easier on paper instead of in front of a screen. If this is true for you, own it. Get yourself a new sharp pencil or a great pen and some quality paper, or a beautifully designed journal. Then write and write some more- it doesn't have to be full sentences or complete thoughts. Here's what I recommend: Get your pen or pencil and paper and find a comfortable, quiet, cozy spot free from distractions. Set a timer for ten minutes. Write down the topic a blog post topic at the top of your paper. Then write down everything you think of- possible headlines, stories, examples, bullet points, key messages, problems and solutions, resources, and more. Write until the timer runs out. In this scenario, you're focusing on really fleshing out all of your thoughts, ideas, and opinions on one single topic, instead of a few different topics. This approach is often my go-to strategy for mapping out the content for longer, more in-depth blog posts. Challenge: For 3  weeks, 21 days, set aside 10 minutes each day to complete this exercise, writing down a different topic each day. Not only will your writing get better and you'll get faster at generating ideas, but 21 days is the length of time it takes to create a habit. Creating a habit of daily writing and idea generation will benefit both your business and your blog. Create A Repeatable Process And Stick With It If creating new blog content has been tough for you in the past, I highly recommend you give each of the five different ways to plan  blog posts a try to see which one is easiest and most successful for you. Remember, the more detail you provide about your topic up front, the faster and easier it will be to write the full blog post later.

U.S. Airline Industry Analysis Essay Example | Topics and Well Written Essays - 1750 words

U.S. Airline Industry Analysis - Essay Example The US airlines industry again returned to profitability track by 1995 and continued this growth until the close of the 20th century. However, the 2001 terror attack together with a depressed world economy further worsened the growth status of the US airlines industry. This paper will critically analyse the US airlines industry using international business theories and other strategic frameworks. A critical analysis During the beginning stages of the US airline industry, three airlines namely United Airlines, American Airlines, and TWA were in charge of transcontinental routes. In 1938, the Civil Aeronautics Board (CAB) was established with intent to manage the structure of the industry (Dempsey, 1979-80). The CAB set flight fares on the ground of cost plus a fixed margin and hence aircraft operators could pass cost increases to customers. In 1970, rampant increase in fuel costs and political shifts towards economic liberalization created the impetus for a total reform of the airlines industry. The development of contestable market theory also contributed to this strategic shift. According to this theory, â€Å"industries did not need to be competitive structured in order to result in competitive outcomes† (Grant, 2002). ... Hence, this strategic shift might assist them to operate more number of aircrafts using the same amount of resources. As regulators argued, the deregulation resulted in new entries and price competition. In the words of Grant (2003, p. 31), although the deregulation strategy was potential enough to improve the declining industry growth, some unexpected contingencies like oil shock of 1979 and the air traffic controllers’ strike of 1981 caused severe difficulties to the US aviation industry. In order to overcome these troubles, aircraft operators across the US widely adopted mergers and acquisitions approach as they believed that combined operations would trim down operating costs. As Heimlich (2011) argues, M&A approach significantly assisted the US airline industry to overcome several cultural barriers. The ‘hub and spoke’ system introduced in 1980 greatly benefited the US airlines industry to increase its operational efficiency, reduce maintenance costs, establi sh dominance in specific regional markets, and to place barriers to new entrants. The development of this new system can be linked to the strategic management theory, which argues that a â€Å"change creates novel combinations of circumstances requiring unstructured non-repetitive responses† (Kahn, 2010). Introduction of low cost carriers became a potential threat to the industry by the beginning of 1990s and hence the country’s major airlines extremely struggled to confront with such budget airlines. As discussed earlier, the deregulation Act directly led to the evolution of a competition era and the major aircraft operators offered almost similar facilities to their customers. As a result, travellers could not easily distinguish between the offerings of

Environmental analysis case study Essay Example | Topics and Well Written Essays - 2250 words

Environmental analysis case study - Essay Example It starts by outlining a brief historical background of the organisation in question for the sake of easier understanding then followed by an analysis of the above mentioned tools for scanning the environment in which the organisation operates. Environmental scanning plays a pivotal role in helping the marketing managers of an organisation to be better positioned to know the situation obtaining on the ground for them to be able to gain a competitive advantage especially in view of the competition that exists. Background According to Datamonnitor (2004) â€Å"Tesco PLCTesco is the largest food retailer in UK, operating around 2,318 stores worldwide. It operates around operates around 1,878 stores throughout the UK, and also operates stores in the rest of Europe and Asia. Tesco.com is a wholly-owned subsidiary offering a complete online service, including tescodirect.com and tesco.net. The company also offers a range of both online and offline personal finance services. Tesco is headq uartered in Hertfordshire, UK.† Against this background, this essay seeks to outline the organisation’s PESTEL analysis, Porter’s five forces model as well as the value chain. Kotler (1999) posits to the effect that PESTEL analysis is a powerful tool in determining as well as understanding the market forces that affect the growth of business. In other words, it determines the direction for operations in any given business. PESTEL analysis for Tesco PESTEL stands for factors which may affect the operations of business such as political, economic, social, technological, environmental as well as legal factors (Lancaster & Reynolds 1999). This is a very useful tool in analysing the environment in which an organisation operates. It can be noted that there are various factors that affect the operations of any given organisation and these have to be taken into consideration by the senior management so as to achieve a competitive advantage by the organisation. Any given organisation is guided by certain factors that so as to ensure that it does not violate the needs and interests of the consumers as well as the other stakeholders. Political In UK and Europe at large, there are policies that govern the operations of all retail stores. There are laws that govern monopolies as well as competition and these are some of the main political factors that affect the operations of Tesco. It can be noted that Tesco’s success is owed to the observation of these policies where protection of the consumer interests is take as a virtue. Consumer law in UK is effective and under the EU law, every big organisation like Tesco is expected to protect the needs and interests of the customers. Continuous scanning of the political environment greatly helps Tesco to gain a competitive advantage over other rival competitors. On the other hand, it can be noted that the current political environment prevailing in the EU is not exploitative which is seen as the reason w hy Tesco is able to keep pace with the demands of the market. The government in the UK determines the value of the currency as well as the exchange rates and it can be noted that the success of Tesco is greatly owed to compliance with these rules and regulations promulgated by the government. The Competition Commission for instance suggests that a supermarket should not account for more than 25% of the national market and these are som

Top Glove Corporation Berhad Expansion

Top Glove Corporation Berhad Expansion 1. INTRODUCTION Top Glove Corporation Berhad founded by the husband and wife team of Tan Sri Dr. Lim Wee-Chai, as a company chairman and Puan Sri Tong Siew Bee, executive director. Establish in Malaysia in 1991, Top Glove operated with only one factory with three second-hand production lines. Nowadays, it is known as the world largest rubber glove manufacturer. Top Glove embarked an impressive expansion plan with the following position: World Largest Rubber Glove Manufacturer Existing (As at December 2010) 1. Number of Factories 20 2. Number of Production Lines 379 3. Total pieces of Gloves Produced (per year) 33.75 billion 4. Number of Employees 10,900 5. Countries of Export 180 6. Number of Customers 900 Top Glove was listed on Bursa Saham Kuala Lumpurs second board in 2001 and has been successfully promoted to the Main Market of the Kuala Lumpur Stock Exchange on May 16, 2002. Top Glove has over 15 years of experience in production of latex examination gloves (HWANGDBS Vickers Research, 2008). It has also diversified overseas and set up four factories in Thailand and two in China, in addition to the 12 facilities it has in Malaysia (CIMB Research Report, 2007). 1.2 Companys Core Business Top Gloves nature activities are manufacturing and trading rubber gloves, synthetic gloves and surgical gloves which are mostly used in medical, industrial and food services industries. With an approximated 80% of their product is in the form of natural rubber gloves and the remaining 20% are synthetic gloves (CIMB Research Report, 2007). Top Glove acts as a one-stop glove centre by offering a full range of services, from manufacturing glove products to packaging, branding, sales as well as distribution of finished glove products through its three primary sales offices in Klang, Malaysia; Azusa, California and Duisburg, Germany (HWANGDBS Vickers Research, 2008). About 95% of the company sales are for the export market. 1.3 Financial Performance According to annual report 2009, Top Glove has successfully achieved the company growth by showing the increase in net profit for the financial year. The remarkable growth of 54% of net profit in the year 2009 as compare to the year 2008 showing that Top Glove fully utilizes the advantage of its listing as public company to generate growth that is beneficial to the shareholders. 2. SALES ANALYSIS 2.1 Sales Growth Rates Total sales or total revenue is the first line on any company income statement. This figure is the amount of money that company receives during the specific time of period. Total revenue is very important to turn in money into a profit. In the past 5 years (2005 2009), Top Glove has been profitable. The sales growth for its products showing the increase in revenue for the every financial year. Top Gloves Revenue for the past 5 years Year Total Revenue (RMmil) 2004 418.1 2005 641.8 2006 992.6 2007 1228.8 2008 1377.9 2009 1529.1 Source: Top Glove Annual Report 2010 The sales growth rates (%) from year to year will be calculate as below; current sales previous sales ________________________ x 100 Previous sales Year Sales Growth Rates (%) From year to year Sales Growth Rates (%) From year 2005 2004 2005 53.50 2006 54.66 54.66 2007 23.80 91.46 2008 12.13 114.69 2009 10.97 138.25 Exponential functions can be applied in growth processes. The most widely accepted method in academics to calculate total growth can be represented by the functions; y = a(1 + r)X which; a = initial amount before measuring growth r = growth rate (often a percent) x = number of time intervals that have passed The exponential function in computing growth rates for Top Gloves are presented as below: 1. Year: 2005 Growth rates (%): 53.50 (0.5350) Revenue amount before measuring growth (RM000): 418.1 Exponential Growth Functions: y = a(1+r)x y = 418.1(1+0.5350)1 y = 641.8 2. Year: 2006 Growth rates (%): 54.66 (0.5466) Revenue amount before measuring growth (RM000): 641.8 Exponential Growth Functions: y = a(1+r)x y = 641.8(1+0.5466)1 y = 992.6 3. Year: 2007 Growth rates (%): 23.80 (0.2380) Revenue amount before measuring growth (RM000): 992.6 Exponential Growth Functions: y = a(1+r)x y = 992.6(1+0.2380)1 y = 1228.8 4. Year: 2008 Growth rates (%): 12.13 (0.1213) Revenue amount before measuring growth (RM000): 1228.8 Exponential Growth Functions: y = a(1+r)x y = 1228.8(1+0.1213)1 y = 1377.9 5. Year: 2009 Growth rates (%): 10.97 (0.1097) Revenue amount before measuring growth (RM000): 1377.9 Exponential Growth Functions: y = a(1+r)x y = 1377.9(1+0.1097)1 y = 1529.1 2.2 Growth Rates Analysis 53.5% growth in 2005, Top Glove and the glove industry facing an exciting and challenging year when unexpected hike in the prices of crude oil and raw material. Top Gloves has managed to maintained company performance by continue its aggressive capacity expansion to capture a bigger share of the world glove market. 54.66% in 2006, the sting of increasing oil and fuel prices continues to vibrate throughout the glove and healthcare industry. These two industries feel the most pressure in deciding how to react in this situation. This is because production cost would be driven up by the increased oil and fuel prices which will impacts on the capability to deliver the products. Top Gloves still continues to stand in progressing by control over its operation costs and learned to manage the increase in the cost of oil and fuel prices. Each manufacturer can standoff these costs by their own way, however price increases are inevitable (Jeannie and Dana, 2006). By the year 2007, Top Glove achieved a remarkable revenue growth of 23.8% to RM1,228.8 million. The growth was principally due to the continued increased in customer base globally and a higher volume of sales attributed to the increased capacity so that the company succeeds to face on the increase in operating costs. In year 2008, the growth slows to 12.13% caused by global economy. It was tough for the glove producer to continue the business due to the tight margin and only glove manufacturers with sizable economies of scale can survive (Malaysian Rubber Board, 2008). Top Glove definitely cannot be escaped from this phenomenon. However, Top Glove had experienced to face the current world financial crisis and continues companys ability to grow over the years. Year 2009 shows that the slower growth rate goes to 10.97% achieved by Top Glove. The company started the year with aware about a strong global demand of gloves especially in healthcare industry stimulated by the global economic recovery. Furthermore, the H1N1 pandemic caused the demand of gloves contributed in abnormal return to all rubber glove manufacturers including Top Glove. Top Glove had adapted well in current economic environment by which its earning was boosted by higher sales and higher costs efficiency (OSK, 2010). 3. SALES TREND Sales trend analysis is a review of sales during a specified period of time. It is could be increase, decrease or remain unchanged. The purpose of sales trend analysis is to monitoring performance and to predict future performance. Top Gloves sales trend increased year by year. It is showed that the company very focused on their nature business and will struggle to maintain companys mission as a world class glove manufacturer by providing best quality product as well as to toughen their position as the worlds largest rubber glove manufacturer. Top Gloves sales trend illustrated with a graph below; Based on the graph above, it is showed that Top Glove sales trend growing over the years. The growth might be supported by the high demanded from their customer. The surge of demand for rubber gloves used for medical and protection purpose forced glove industry to raise the selling price. Similarly, Top Glove also raised its products selling price to equalize the higher production costs. However, the demand for rubber gloves remained and was in fast growing even though the selling price was high. For the 5 years, Top Glove continued achieved a remarkable profit. The global phenomena such as H1N1 and SARS pandemic, hike in the price of oil and raw material, weather, war or world financial crisis which result in boost in the demand of rubber glove. Additionally, increase in health awareness worldwide also increases the demand of rubber glove. Top Glove succeed to adapt all the difficult situation year by year by their good planning of manufacturing processes and providing a high quality of product. 4. CONCLUSION As a conclusion, Top Glove Corporation Berhad continued achieved a remarkable profit by increasing their revenue and sales growth rate from year to year. The companys show strong sales performance was endorsed to high demand for gloves especially form healthcare industry and emerging market which demand for gloves is expected to growing for a double digit every year. Even though there are more challenges to overcome, Top Glove positive to increase their remarkable revenue and sales growth rates for every year and believe to maintain its leadership in the global market by continue providing a top quality of product.

The Goal A Process Of Ongoing Improvement Accounting Essay

The mill green goodss machined assemblies furnished to other workss in the UniWare division as constituents of end-items, and besides sold straight as trim parts assemblies to larger end-user clients. The company has a competent and well-trained staff, each of whom is a capable affair expert in their several maps. UniCo is led by extremely experient directors, each of whom has been exposed to progressively broadened duties for different UniCo maps. UniCo ‘s clients want quality merchandises delivered on-time at a sensible monetary value. In order to command monetary values, UniCo ‘s direction has become progressively efficient at cut downing costs in several operational countries. Fiscal public presentation coverage is provided at every degree of production in keen item so that functional cost budgets can be produced and managed with great preciseness. Automation has been introduced at several degrees to increase production efficiencies and have resulted in unprecedented nest eggs in production clip and station production rate. Even with the debut of the robotics, somehow direction has been able to fulfill the rigorous demands of its nonionized work force to accomplish para in its labour dealingss.Problem faced by Alex ‘s divisionAlex ‘s works portions some not-so-complimentary common traits with real-world organisations. He has orders surrounding on two-months behind scheduled bringing day of the month. He has over $ 20 million in unsold finished goods stock list sitting in a local warehouse. The points that can be delivered are being hurried up through the mill with overtime and particular handling involved at every measure. As a consequence of the bringing slippage, gross revenues are decelerating down, stuff costs are skyrocketing, and every efficiency metric is heading downward at an dismaying rate. Furthermore, the division is confronting an increasing hard currency deficit which in bend might take to its inability to pay rewards. The company informs Alex that he has 3 months to turn around the state of affairs else by the terminal of the financial twelvemonth, UniCo would close down this unprofitable operation and sell them off to a highest bidder. Alex ‘s occupation and calling are now on the line as a new proprietor would non desire to maintain an unprofitable or uneffective director around to run the same organisation.Meeting JonahAlex by pure opportunity ran into person who introduces him to another manner of believing about his state of affairs, his old natural philosophy professor Jonah. Alex, describes his house ‘s investing in mechanization and how it has led to increased productiveness. Jonah, in bend, questions Alex about some cardinal identifiers of productiveness such as diminishing stock list, cut downing disbursals, and selling more merchandises. Although Alex could n't affirmatively react to any of them, at that point, he was confident that the issues faced in his works were merely some annoyance jobs, non the death of his full organisation. Jonah takes a minute to uncover the false belief of logic in Alex ‘s concluding – holding accepted many things without oppugning the common sense in their intent and application. Jonah leaves Alex to chew over the construct of productiveness and what it means to a concern.Identifying the GoalProductivity is defined as carry throughing something in footings of ends. In order to place the end, Alex has a thought session with his works accountant Lou, and they both agree that â€Å" The end of any concern is to increase net net income while at the same time increasing return on investing and hard currency flow, or fundamentally to do money † . Though they arrived at a end, neither was cognizant of a scheme to accomplish all 3 at the same clip.Introduction of new constructsWhen Alex discusses this with Jonah, he reveals that operationally, a concern must increase throughput, while at the same time cut downi ng stock list and operational disbursals. Throughput: Rate at which the system generates money through gross revenues. Inventory: It is the money invested in things intended to be sold. Operational disbursals: All the money spent to change over stock list into throughput. When Alex asks how he ‘s supposed to mensurate these elements, he is reminded by Jonah that, â€Å" We are non concerned with local optimums, † mentioning to conventional cost accounting studies. Jonah is a busy single and Alex realizes that Jonah will supply Alex with the concepts for him to divine the replies to the implicit in constructs. Alex must believe through the replies on his ain.Identifying the Core ProblemAlex takes clip to believe about how the three measurings would use to his peculiar state of affairs. He gathers together his focal point group which consists of Lou, the accountant, Bob, the production director, and Stacey, the stock list control director to bind operational solutions together for the full works. Together they reveal that the beginning of the monolithic stock list is the consequence of overrun of unneeded parts being made to unnaturally maintain the efficiency metrics up. Alternatively of bring forthing what is needed for gross revenues, th e works is bring forthing every individual portion every phase can manage. Capacity for bring forthing needed parts is unavailable because it is being tied up bring forthing the extra parts. Jonah reveals that: Money is most of import to direction over efficiency. Cost accounting is the figure one enemy of productiveness. A works in which everyone is working all the clip is inefficient. Jonah points out that the lone manner to make extra stock list is by holding extra work force. By paring extra capacity to cut disbursals, without cut downing stock list and increasing gross revenues you trigger downward throughput and increased stock list. If you attain merely one or two of the three elements of productiveness measuring, you are non working towards your end – to cut down operational disbursal and cut down stock list while at the same time increasing throughput.Dependent events and statistical fluctuationsJonah reveals that when capacity is trimmed to marketing demands, throughput goes down and inventory skyrockets. The transporting costs of stock list, an operational disbursal, besides go up. This addition tends to countervail the nest eggs presented by the original effort to lower operational costs through labour decreases. If capacity is trimmed to run into demand, demand continues to drop, transporting costs go up, and finally you have no more market left for a mountain of stock list. Two specific phenomena are identified which cause this consequence – dependent events and statistical fluctuations. Dependent events are a series of events that must take topographic point prior to another one beginning, or in other words, the subsequent event depends on the 1s prior to it. Statistical fluctuations are the consequence of certain types of prognostic information that can non be determined exactly. These fluctuations influence anticipation of mistake per centums, market demand estimations, and efforts to mensurate productiveness. Alex understands these 2 phenomena when he goes on a hike trip. During the hiking, he notices that the line of tramps exhibits an uneven form of stretching farther and farther apart the longer they hike. He notices that one tramp Herbie appears to be keeping up the staying behind him. Harmonizing to direction scientific discipline, even though these tramps are all at different rates, their mean rate of advancement should be estimable. This mean rate should go the nominal rate of advancement for the full troop. Alternatively the troop is doing concluding advancement, or finishing the hiking, at the rate of its slowest member, Herbie. The hiking is similar to a set of dependent events capable to statistical fluctuations. Over clip, the fluctuations do non average out, but instead accumulate because the influence of dependent events limits the chances for addition fluctuations. The length of the line of tramps becomes comparable to the entire production clip of a procedure. Alex tries an effort at re-balancing the capacity by puting Herbie at the forepart of the line, that manner the production length wo n't be given to stretch out as earlier. It does n't stretch, but it ‘s still traveling every bit slow as Herbie. Herbie must be made faster, or addition throughput capacity, in order for the whole line to derive throughput. Herbie ‘s back pack burden is lightened and distributed among the troop and the full troop doubles its gait as a consequence of the alteration.Identifying ConstrictionsAlex returns to the works merely to hold his observations in the hike trip confirmed by a production capacity trial. Jonah now introduces the concepts of constrictions and non-bottlenecks. A constriction is any resource whose capacity is equal to or less than the demand placed upon it. A non-bottleneck is any resource whose capacity is greater than the demand placed upon it. If bottleneck capacity is kept equal to demand, and demand beads, costs will travel up ensuing in a loss of money. The aim is to keep capacity at somewhat less than demand. Alex now starts to place the works ‘s constrictions. The two obvious constrictions turn out to be the multi-process mechanization machine and a heat-treating furnace. The multi-process mechanization machine NCX-10 can treat an point taking 16 proceedingss and 10 operators in 10 proceedingss and utilizing merely 2. But there is a six month lead clip to develop a NCX-10 operator because of the forte place demands. And trained operators are go forthing the company faster than it can re-train replacings, so the machine is n't running at full capacity which makes it a non fully-utilized constriction. The furnace is being run at partial tonss because of expediting, another non-fully utilised constriction.Optimizing ConstrictionsIn order to extinguish constrictions, Alex invites Jonah for a works circuit during which he notes that the composing of much of the work-in-process waiting at each of the constrictions is really non-saleable parts destined for warehouse storage. This is concealed extra capacity. He asks about alternate methods which could be used in add-on to the present procedures, turn toing the old retired machines as a possible capacity beginning. He asks if every portion really needs to be processed by the constriction and identifies extra concealed capacity. Alex learns to see utilizing alternate procedures or off-load to increase capacity. Quality controls should be placed prior to a constriction to guarantee the constriction will non be treating faulty parts and blowing valuable constriction procedure clip. Rejecting stuffs prior to the constriction so becomes simple bit instead than devouring extra capacity. Procedure controls at a constriction should be designed to guarantee zero defects based processing to minimise re-work and system impact costs. The squad determines that one of the implicit in causes of their present parts pile-up at the constrictions is because the operator can non state the difference between a bottleneck-destined portion and an ordinary 1. The operator, in an effort to maintain busy, processes batch after batch of non-bottleneck parts when what they truly need to make is work on constriction parts. They attempt a solution for this by puting placing tickets on the parts which are destined for a constriction procedure. The bottle cervix capacity is increased by remembering old machines which ensuing in an addition in constriction capacity. The furnaces are non being manned by dedicated forces to maintain them runing and reloaded during the idle times, so extra forces are assigned to them on a full-time footing. Additionally, some of the constriction chiefs come up with methods of streamlining their procedures to increase throughput at their Stationss. And for a clip, things seem to be bettering – stock lists are easy shriveling and more backlog orders are being filled.New jobs come upA new job is revealed with deficits of non-bottleneck parts now happening in add-on to the constriction parts. This could be potentially a new constriction as a consequence of overtaxing the remainder of the system. Triping a resource and using a resource are non-synonymous because non-bottleneck stuff continued to be fed into the system in order to keep the production efficiency quotas, non-bottlenecks began turning out maximal units of non-bottleneck parts choke offing the work-in-process stock lists at constrictions and at non-bottleneck Stationss. Triping a resource is merely turning it on. Using it means doing usage of the resource in a manner that moves the system towards the end. A new stuff release system was developed which triggers release of constriction stuff merely at the rate at which the constrictions need it, instead than being triggered by non-bottleneck idle clip. Jonah shows that they can utilize the same methodological analysis to develop a release system for stuffs throughout the system. By cognizing when the constriction parts will make concluding assembly, the release of the non-bottleneck stuffs can be timed to co-occur along the other paths.Improvement in consequencesAll the stairss to place and extinguish constrictions resulted in better consequences. Peach was impressed, but non sufficiently to name off the division sale. Alex agrees to another 15 per centum betterment in the net net income in order to turn out that the alterations are non fleeting or alone. As it turns out, Jonah indicates that after burden reconciliation is performed to run into market demand without extra production, the following logical measure is to cut down the batch sizes to cut down the entire capital committedness used during production. Decrease in batch sizes besides reduces the entire clip spent in work-in-process. Less clip spent in production increases the velocity of throughput every bit good as a faster turn-around on client orders. Shorter lead times result in better response to the market demands. The four primary clip constituents include: setup clip, procedure clip, queue clip ( associated with constrictions where parts wait for a machine to go free ) , and wait clip ( associated with non-bottlenecks when a portion waits for another portion to go on treating ) . Time saved at a non-bottleneck is fanciful because when non-bottlenecks are being set up, the clip spent is taken off from idle clip, non production clip. Economic batch measures are calculated based upon the whole system and non the constrictions themselves. As a consequence, most batch sizes are non optimized to the Stationss most affected by them — the constrictions. Now that the works has the potency of reacting better to market demands, Alex focuses on the 3rd constituent of productiveness measuring, that of gross revenues throughput, and gets the division gross revenues director, Johnny Jons, to market his works ‘s improved capacity. Together they manage to bind down a major contract utilizing a combination of incremental bringings and low measure pricing. This sets the phase for carry throughing the 15 per centum betterment Alex promised to Peach.Accounting ImpactSmyth, the division productiveness director and viing works director, sets out to place what Alex is making to his works by originating an internal audit. As a consequence of the labour alterations and the non-bottleneck idle times the cost studies show an addition in per unit costs. Smyth calls Alex in to explicate himself in visible radiation of the audit findings. Alex illustrates specific points that are in direct contradiction with conventional fabrication premises: We should equilibrate the flow with demand, non capacity. The degree of activity from which the system is able to gain is non determined by single potency but by some other restraint in the system. Triping a resource and using it are non the same. An hr lost at a constriction is an hr lost by the full system. An hr saved at a non-bottleneck is worthless. Performance of an operation should be evaluated by its bottom line. Smyth presents his findings – that Alex ‘s works has decreased productiveness, increased merchandise cost, and improper attachment to processs throughout the organisation. This was beliing grounds that the works has turned solid net incomes and lowered operating disbursals, increasing hard currency flow. The division accountant pointed out that Alex ‘s works represents the ideal combination of bringing velocity, low cost, and flexibleness that the market truly needs. With this Alex was appointed as the division director. The ground Alex received support of the division accountant was because Lou, the program accountant had been working hard behind the scenes re-crunching the Numberss and placing an extra defect in the conventional cost accounting procedure – rating of stock list costs. Even though utilizing the hard currency method would clearly show the lessening in work in procedure and finished goods stock list, and decreases in purchased stuff costs, the traditional accrual method shows these actions as period losingss since hard currency payment turning away is non recorded until the following accounting period. In re-calculating the fiscal statements, Lou found a jutting 20 per centum bottom line betterment alternatively of the promised 15. But alternatively of giving these cumbrous accounting accounts to Alex to utilize in his defence, Lou took the consequences straight to Frost, the division accountant who understood the branchings of the NumberssDecision5 primary stairss identified to better procedures are: Identify the system restraints Decide how to work the system ‘s restraints Subordinate everything else to the above determination Promote the system ‘s restraints If in the old stairss, a restraint has been broken, return to Step 1, but do non let inactiveness to do a system ‘s restraint Due to the betterments, the works now has twenty percent extra capacity available to carry through demand. It turned out that Europe has many possible clients, but the monetary values they demand are so low below the domestic market, UniCo could n't perchance take them without losing money. Alex pointed out that when production is used from trim capacity, the lone costs are the cost of the stuffs and as such, any monetary value above stuff cost represents net income. Combined with an unbelievably short bringing clip to close out unimproved rivals, the company has pocketed many trades guarantee the future gross revenues of the works.

Portfolio Of Learning Assignment Assignment - 814 Words

Portfolio of learning assignment – 3 ARTIFACT My third artifact consists of three documents â€Å"Thomas–Kilmann questionnaire† on conflict management styles, â€Å"Observer feedback sheet† which I received from my peer after my oral presentation and â€Å"The Competent Communicator graphic†. All three documents are part of Managerial Communications course. I am choosing these documents as an artifact because it was mandatory to use these documents as an artifact as well as they reflects my learning during the course and help me to determine my efficiency as a competent communicator. LEARNING All these documents â€Å"Thomas-Kilmann question questionnaire†, â€Å"Observer feedback sheet† and â€Å"The Competent Communicator graphic† gave me the outcome of my personality. The Thomas-Kilmann questionnaire showed me that my behavior suites avoiding approach. This shows that my approach to solve a conflict is unassertive and uncooperative. This is a situation in which both people involved in conflict lose, so I need to change this approach to solve the conflict effectively. In the beginning of the course my presentation skills were not good and I was not able to deliver the presentation effectively. But during the course I gave presentations which helped me to remove my disfluencies during presentation. During my last presentation I was observed by my classmate and he gave me feedback for my presentation and I came to know about the disfluencies during the presentation and I need to gratuitous fillers. FromShow MoreRelatedDesigning Curriculum For Your Lm s818 Words   |  4 Pages Assignment 3: Designing Curriculum for Your LMS Delivery of Material In the following learning management system the material will be delivered in an Asynchronous class. An asynchronous class is flexible where students and instructors can complete work at any given time within deadlines. 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