Toyota Brand Analysis Essay Example | Topics and Well Written Essays - 1000 words

Toyota Brand Analysis - Essay Example Stronghold - the brand should convey a reliable picture after some time to strengthen its place in the shopper's mind and build up an uncommon relationship with the customer. Brand expansions can additionally sustain the brand, however just with related items having an apparent fit in the psyche of the buyer. An organization may have many brand names, however each gathering should fit well together. At the point when Toyota needed to contend in the extravagance vehicle showcase, another brand called Lexus was made. This abstained from muddying the set up Toyota brand name, which speaks to esteem and economy, and expelled any conceivable negative previously established inclinations about the Lexus name being modest. The unique fortunes of two cars made by a similar maker offer a unintended investigation of the influence of brand procedure to change conduct. Since 1989, both the Toyota Corolla and the Geo Prizm have been made by New United Motor Manufacturing Inc. (NUMMI), a joint endeavor of General Motors and Toyota. While the two vehicles are virtual twins, the Corolla has had reliably more grounded deals in spite of a more significant expense. Why The quality of Toyota's image permitted it to charge more, says The Economist. Purchasers figured a Toyota would be better than a GM vehicle in a similar class, thus cheerfully paid more. The impact of brand value on benefit and development is striking. ... Purchasers figured a Toyota would be better than a GM vehicle in a similar class, thus cheerfully paid more. The impact of brand value on benefit and development is striking. While the two vehicles cost the equivalent to make-about $10,300-Toyota offered 200,000 Corollas to sellers at $11,000 each, while GM figured out how to move just 80,000 Geo Prizms at $10,700 somewhere in the range of 1990 and 1994, The Economist notes. The outcome: Toyota made $128 million more than GM in working benefits from NUMMI, while its vendors made $107 million more than those of GM from the plant's items. Toyota Motor Corp. (TM ) is poised to be the world's No. 1 automobile producer by 2008. It delivers about one of each six vehicles sold in the U.S., remembering nine models for the South and Midwest, where it utilizes 32,000 Americans. Indeed, even New York uniform taxi armadas, once to a great extent comprised of rugged Lincolns, presently include Toyota's Prius, the hit crossover surprising beach front urban areas. Toyota to a great extent remains backwoods to American speculators, while GM can in any case draw in purchasers even as it plays with insolvency. Toyota stock doesn't have the 'mind share' of GM or Ford, says John M. Novak, an auto investigator at Chicago's Morningstar Inc. There's an observation that you can't put resources into it [because] it's a Japanese organization - that you would require an extraordinary record. ( Business week) Toyota Strengths: In 2003 Toyota thumped its opponents Ford into third spot, to turn into the World's second biggest carmaker with 6.78 million units. The organization is still behind adversaries General Motors with 8.59 million units in a similar period. Its solid industry position depends on various components including an expanded item extend, exceptionally focused on showcasing and a promise to lean assembling and quality. The organization makes an enormous scope of

The effect of Indian culture on McDonalds advertising Research Paper

The impact of Indian culture on McDonalds publicizing - Research Paper Example Like McDonald’s notice in Hindi which was made to connect with lion's share of the individuals looking for bliss, as Hindi is the conspicuous language in India. It has likewise named its item in Hindi like Chicken Maharaja-Mac. In any nation non-verbal correspondence assumes an imperative job in its way of life. India is rich with her formal welcome. Each motion has its own language. Consequently advertisers should be clear about the implications related with every one of the images and signs. Like McDonald. The logo of McDonald now not simply speak to a cheeseburger café, it has changed in India to speak to veggie lover nourishments moreover. Since in India, the idea of hamburger was not permitted across numerous states, consequently McDonald changed their system to present veggie lover cafés in India. Additionally it utilizes a mannequin speaking to a joker with collapsed hands doing Namaste in Indian style. It speaks to welcome in Indian culture. Ceremonies and customs are manners by which a general public acts of follows their strict convictions. These are likewise passed down from age to age. The reason for ceremonies is to keep up social acknowledgments, social subjugation, and fulfillment. Shoppers are likewise guided by these ceremonies. McDonald needed to change their promoting technique to present things of Indian cause like Wraps Pizza McPuff, McAloo Tikki Burger, Mc Veggie, and Curry Pans to make prevail upon the shoppers. Conventions are the principles which society follows and every religion has their one of a kind custom to follow. Throughout the years this custom evolves to oblige new conventions. For an organization this convention directs the reactions of shopper in light of a procedure. Indians by are veggie lover by religion. Consequently McDonald comprehended the immense capability of bringing in cash from vegan outlets. Subsequently they additionally opened veggie lover outlets to adjust to Indian culture. In a nation like India, which has numerous subcultures in it, great taste implies various things to an assortment of

How to Do Quality Control before Shipping a Product

How to Do Quality Control before Shipping a Product Firms that are engaged in wholesale and retail business have a system in place governing their core processes. These are the sales transactions, warehousing and storage and, to get their offerings to the customers or end-users, they have a system on distribution.But logistics management is not focused only on getting the products out of the warehouse and shipping them to the buying customers.There is one aspect that deserves as much attention as â€" maybe even more than â€" transportation, shipping and handling, and that is quality control. © Shutterstock.com | Billion PhotosIn this article, I explore 1) quality control, 2) common types of quality checks, 3) what to check before shipping, 4) who will perform quality control, 5) quality control procedures, and 6) quality control tools.QUALITY CONTROLQuality control is defined as that facet of logistics management which pertains to sets of activities and techniques that are intended to assess the quality of products at various stages of the production process, all the way to the point right before distribution.The quality assessment will be based on predetermined requirements or standards previously set by the company. In the context of performing quality control before shipping, any product or unit of product that does not meet the minimum standards will have to be reworked, disposed, or dealt with accordingly by the company, instead of being shipped to the end user.Unfortunately, for many businesses, quality control is often overlooked, resulting to returns, damaged pr oducts, losses, and customer dissatisfaction. In the long run, all these bode ill for the business as a whole. Another sad reality is that businesses intentionally omit performing quality control or, even when they do, they do it haphazardly, in favor of speedy shipment.Quality control is performed at various stages. The more commonly performed checks include the following:Inspection upon receipt of raw materials and parts that will be placed into production, or of finished goods that will be for resale.Inspection prior to production. Normally, one unit or piece will be produced and, if it passes inspection, production run will proceed.Inspection in-process. The inspections will be made at intervals during the production process.Inspection after production. For many, this is considered as the final inspection and testing stage. A sample or 100% of the finished products will be inspected and tested.Inspection prior to shipping. The orders placed by a customer will be inspected and wi ll not be shipped until the final inspector has cleared them.For purposes of this particular discussion, we will be zeroing in on the last item, the inspection or quality control before shipping. This is also referred to as pre-shipment inspection, where the inspectors place themselves in the shoes of the consumers to see if the products meet general expectations.Importance of Quality Control Check before ShippingQuality control is meant to enhance the effectiveness and efficiency of the entire logistics system of a company by performing procedures to detect whether the products are free from defects or not. Those that have defects are returned for fixing to ensure that the customers are shielded from disappointment resulting from defective products.Here, let us try to break down the reasons why it is important to do quality control before a product is shipped.The final quality control check performed before shipping is primarily to ensure accuracy. This is especially true if the co mpany has a quality control system that is in force in practically every stage of the production and distribution process. However, if that is not the case, there is nothing wrong with also performing a check against product defects prior to shipping.It reduces the costs associated with shipping errors as well as the expenses that will be shouldered by both the customer and the company when processing any returns due to defective or inaccurately delivered products.Ensuring that the products are accurate and of good quality will help ensure that your brand, company name and reputation will be protected. Many companies have suffered due to defective merchandise, inaccurate orders, and even delayed shipments.Ensuring that the right products are being delivered, and that the quality passes the standards will eliminate delays in shipments.Dealing with customer complaints takes up a lot of a company’s resources. Its also tedious for the employees. Damage control is not something that co mpanies would like to deal with constantly, even if they have a fairly strong customer service system in place. The lesser complaints received from customers due to defective and subpar products, the better it will be for the morale of the employees of a company.Performing quality checks in ALL stages â€" not just pre-shipment â€" will help the company in monitoring its products and processes and come up with important decisions that will improve their current system. In a way, it is one way to gather data to improve efficiency. Being able to identify problems and shortcomings will enable them to correct these errors and respond accordingly.Ensuring quality prior to shipping is a way to establish a good relationship with your market. Consider this: businesses will succeed if they keep their pulse on their market and maintain an awareness of their customers’ needs and preferences. It is tantamount to “putting themselves in the shoes of their customers”. Quality control inspecti ons performed before the product is shipped is the final activity that will be performed, and it represents the buying experience of the customer.Quality control adds value to a company’s products. Often, companies that have maintained high-quality control standards and ensure that they are followed to the letter eventually use it as a justification to raise their prices.In a small way, effective quality control before shipping will help reduce marketing costs over time. This is because the buyers will be less likely to find problems in the delivered goods hence they will be more likely to order from the same company the next time they need the same products. However, if the product comes with a problem that justifies a return, the likelihood of the customer making another purchase from the same company is significantly reduced.Ultimately, performing quality control before shipping a product â€" and in any other stage of the business process even prior to shipping and distribution â€" will help in lowering costs and risks of losses, cutting down lead times, and facilitating the timely delivery of products to the recipients.COMMON TYPES OF QUALITY CHECKSThe final inspection is performed when all of the products ordered have been produced and around 75% to 80% have already been packed for shipment. The following methods are often seen applied by various companies before their products are shipped out.The check is performed within the factory (or the company’s premises) by external inspectors or third party quality control agencies. Often, the inspectors perform random sampling, checking only several samples at random, before handing out their conclusion regarding the quality of the products. This way of randomly inspecting the products is the most commonly used method, making it a standard way of checking quality of products before shipping. Its effective because it saves time and still has a high chance of identifying any issues present in the batches.The f inal inspection is performed on 100% of the products or on a certain percentage of randomly selected units at a “platform”. The most common practice is for the supplier company or seller to transport the orders to a forwarding warehouse (the “platform”), where the external inspector will perform quality control check. In case the products do not pass, they will have to be transported back to the factory instead of being shipped to customers. This method is ideal for large purchased volumes. However, it is often seen by many companies as impractical because of the costs of having to transport the units from the factory to the platform (and vice versa, in case rework is required).Inspection is performed to 100% of finished products on a piece by piece manner. The final check is actually part of the production process, as the last stage. It is important, however, that the inspectors or the persons performing the quality control checks are independent of the company, meaning the y are not employees of the company. This will go a long way in ensuring that they give a transparent remark. Alternatively, each inspector or group of inspectors can handle specific batches and their details captured so that any issues that arise after shipping can be traced back to a specific inspector.Quality control check is done by internal inspectors, or inspectors that are employees of the company, and have been trained to perform these checks. Normally, they also play an important role in the internal audit system of the company. This option is found to be cheaper by companies, since having an in-house inspector costs less than paying external inspectors to do the job. However, its important to ensure that the inspectors are sufficiently trained to look for all the common trouble points in the products.WHAT TO CHECK BEFORE SHIPPINGWhat are the specific things or aspects that must be inspected or checked before a product is sent for shipping?Product safety. There are safety an d health standards that must be complied with. Inspectors will focus on whether the products are safe for use or consumption.Compliance with the company’s own specific requirements, standards set by the industry the business is in, and specific regulations formulated by the government.Quantity. The number of items packed for shipment must coincide with the number of units ordered by customers.Product specifications. This entails looking into the function, workmanship, color, size, and other technical specifications of the product.Packing. Are the orders packed securely and properly? During shipping, it is possible that there could be careless handling by the shipper. Therefore, make sure that the items are packed appropriately, depending on the nature of the product, to minimize the risks of them being damaged while in transit.WHO WILL PERFORM QUALITY CONTROL BEFORE SHIPPINGWe have briefly mentioned them earlier in the discussion, but inspectors or personnel tasked to perform qual ity control do not necessarily have to be employees of the company.In-house inspectors. These are individuals that are included in the company’s payroll, and have been specifically trained to conduct quality control checks.Free-market quality control companies. These are privately owned and third-party quality assurance firms or agencies that offer quality control services. They are in the business of performing quality control checks for other businesses. An example is Intertek, which provides “quality and safety services to businesses”, by ensuring that the products meet “quality, health, environmental, safety and social accountability standards”.Freelance quality engineers. These are independent or individual contractors that offer their quality control services. In some areas, they require certifications in order to be recognized and allowed to provide services as quality engineers.State-owned inspection companies. These are companies that are fully or partly owned by the state. They are not as numerous as free-market quality control companies, however.QUALITY CONTROL PROCEDURESCompanies should have their own manual of quality control procedures to guide the inspectors. This is true even if the company hires the services of an external inspector. Sure, the external inspector is likely to have his own inspection or quality control system in place, and quality assurance agencies and inspectors use industry standard processes in their inspection. However, having a manual will still be helpful in order for him to know the points to watch out for during the inspection. The manual will contain the quality policy of the company and an overview of the processes and the quality system in place.The procedures could vary depending on the volume of the products.100% vs. a sample. The inspector checks ALL the items to be shipped, or only a certain percentage of the whole. Large volumes would normally entail only having a certain sample size inspected.Piece by piece or random selection. All the items are inspected one by one, or the inspector picks several items at random for checking. Random selection is often used for large volumes of products up for pre-shipment inspection.The quality control procedures will vary depending on the nature or type of product. There are certain products that require testing while others only require ocular inspection.Of course, the basic procedures include some, or all, of the following:Manual counting of quantity;Reconciling product quantity and other quantitative details to files on record (actual vs. what is written on documents such as purchase orders and invoices);Product testing, if required;Ocular inspection of the packaging and the labeling;Checking to ensure that the weight of the product coincides with the weight indicated on the label where applicable.QUALITY CONTROL TOOLSDocumentation is also required whenever quality control checks are performed. This will ensure that records can be kept for future reference. The most commonly used quality control tools include the following:Questionnaires: One advantage of questionnaires is simplicity and how it can be easily used and understood by many. Its also flexible and can be used in a wide range of settings.Checklist Worksheets: Just like questionnaires, this contains items that have to only be checked, depending on the findings of the inspection performed. More often than not, they come with questions answerable by “YES”, “NO”, and “PARTIALLY”.Quality Control Sheet: This is especially useful when checking products that have a lot of technical specifications, such as food, spare parts, and even fabric. Quality control sheets are ideally concise and put emphasis on specific areas only.Quality control plays a big role in ensuring that a companys operations are not crippled by problems in the quality of the products. Without a proper quality control system, its very easy to find that the company ends up with lots of re turns that will need many man hours to correct. Its, therefore, easier and relatively cheaper to have a number of quality control points, the most important one being just before shipment.

Prejudice And Discrimination On Same Sex Marriage Essay

Legal but still not acceptable: Prejudice and discrimination on same sex marriage. Prejudice which means prejudgement where it displays attitude towards a social group (Hogg Vaughan, 2011). This is a huge social issue within society has faced as it leads to many consequences that can end in violence. Homosexuality is an example of sexual minors facing prejudice from other social groups. There have been a number of prejudice and discrimination towards the gay community since the 1980’s where sexual behaviour between the same genders was not considered normal (Hogg Vaughan, 2011). The influence of Christianity encouraged the prosecution of homosexuals which become labelled as a mental illness and considered an act that should be punishable. However, through protesting and fight for equality and gay rights gay marriage became legal in many parts of the world. Taking into consideration the legalisation of gay marriage, there is a continuation of discrimination against the gay community. Despite the legalisation of the gay marriage law being approved by the Supreme Court on June 26th. A gay couple is still facing discrimination after being refused a marriage licence from a 49 year old US Christian county clerk. Her strong religious principles has provoked her from allowing a homosexual couple to get married that she rather be in jail then approve of the marriage licence. Old fashioned prejudice displays clear expressions of negative attitudes and dislike towards gays andShow MoreRelatedA Brief Note On Sociological Factors On Clients1666 Words   |  7 Pagespolicy and its failure to support all minorities, specifically same-sex couples King (cited in Australian Marriage Equality, 2015) stated â€Å"When any society says that I cannot marry a certain person, that society has cut off a segment of my freedom†. This quote from Martin Luther King Jr is as applicable today to legalising same-sex marriage as it was to the civil rights movement and inter-racial marriage over half a century ago. Marriage is a right that most Australians take for granted. StudiesRead MoreGay Marriage Should Be Legal922 Words   |  4 Pages Gay marriage is between partners of the same sex. Gay marriage is one of the most controversial issues in the modern world. For the past thousand years, marriage has been known to be the social union between a man and a women. In most cultures around the world, homosexuality was seen as wrong, and marriages between same-sex couples was forbidden. The Gays Rights Movement has existed for over 89 years in counting since the development of the Society for Human Rights in Chicago. The publicRead MoreEssay on Homosexual Rights and Equality1242 Words   |  5 Pages This discrimination against gay and lesbian couples must be confronted so that those who are trustworthy citizens have the same rights as heterosexual citizens. In this paper, I will argue that homosexual individuals should have equal rights as heterosexuals because (1) hate crimes against homosexuals continues to occur, (2) the discrimination in the workplace is on the rise continues, and (3) the inability to have same-sex marriages is unfair. I believe that this unfair discrimination is unconstitutionalRead MoreThe Stonewall Riots And The Lgbt Community1678 Words   |  7 PagesThe LGBTQ community has struggled for decades to receive equal treatment but despite many advancements, this group of people is still not treated justly. 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The first countryRead MoreGay Marriage Exploratory1196 Words   |  5 PagesExploratory Paper: Should Same Sex Marriage Be Legal? The proposed legalization of same-sex marriage is one of the most significant issues in contemporary American family law. As a heavily campaigned development currently discussed in law assessment; these extremely confrontational and debatable political questions are facing present day American courts. If same-sex marriage is legalized, its affect on the parents, children, same sex couples, families, and the social and political world willRead MoreSame Sex Attracted Are More Vulnerable From A Mental Illness1462 Words   |  6 PagesThe issue that will be investigated is ‘Those Who Are Same Sex Attracted Are More Likely to Suffer from a Mental Illness’. When comparing homosexual and bisexual people to heterosexuals, the homosexual and bisexuals are twice as likely to experience anxiety and are three times as likely to experience depression and related disorders. Previous studies and statistics will provide evidence that will support the statement being investigated. Ca mpaigns will be illustrating how organisations are trying

Discrimination Against African American Race - 1133 Words

Discrimination against the African American Race Brian Barracks Social Psychology Dr. G. Austin Abstract Discrimination against African-Americans has been going on for many decades. Many African-Americans are still suffering from the effects of this. Many people who discriminate do not bother to analyze the damage that this is causing. Many African-Americans are suffering from stress problems, mental health issue, and some suffer from chronic stress. This issue has escalated for many years now and instead of it getting any better it is taking a turn for the worse. Introduction There are many types of discrimination that exist in U.S. society, but the most common type of discrimination is towards African-Americans. Even though we think that discrimination of race has been extinct for many years there is still discrimination in our everyday lives. Discrimination in an African-American’s life leads to high stress levels, which then in turn leads to physical and mental health problems. These health issues effect the lives of the victims as well as those of their family members. When people are being discriminated against on a daily basis, the victim’s self-esteem is lowered. Many African-Americans who get discriminated against can have mental health problems or have low self-esteem. African-Americans who experience discrimination report lower levels of personal well-being, lower levels of mastery, and higher levels of psychological problemsShow MoreRelatedRace And Racial Inequality During The Civil Rights Of Everyone Has Improved Over The Last F ew Decades1719 Words   |  7 Pages â€Å"Racism[ˈrÄ Ã‹Å'sizÉ™m]prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one s own race is superior†. Race and racial inequality have strongly shaped American history from its beginning up until now . 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Northern Rock Plc Free Essays

Northern Rock Plc Contents Page 1Report2 1. 1Audit Committee and Auditors2 1. 2Experience:4 2Comparison5 2. We will write a custom essay sample on Northern Rock Plc or any similar topic only for you Order Now 1Chief Executive and Chairman5 2. 2Audit Committee5 2. 3Risk Management Committee6 2. 4Remuneration Nominations Committee6 3Chance of another failure6 4Conclusion:8 5References8 Report In this report I am going to highlight the weaknesses in the corporate governance code of Northern Rock that lead to its downfall. Audit Committee and Auditors According to the UK Corporate governance code the board should set up formal and obvious arrangements bearing in mind how to apply the corporate reporting internal control, and risk management rules for keeping the right relationship with the company`s auditors. The board should make up an audit committee of at least three non executive directors in the case of smaller companies at least two NEDs. The chairman can be a member in smaller companies but cannot chair the committee unless he or she was considered independent on appointment as chairman. The board should make sure that at least one the member should have recent and relevant experience in the audit committee. The board’s responsibilities are to lay out all the terms in writing and monitor the financial statement of the company, to review the financial performance and reporting. It should also review internal financial control, risk management system if not in place separately to check the effectiveness and internal function of internal audit. The board should also be review and monitor the external auditors work their appointments and re appointments, their remunerations, and more importantly the non audit services should be checked very closely. In the case of Northern rock the board and the audit committee failed to implement the above mentioned guidelines. In July 2007 the chief executive published on the website that operationally Northern rock’s first half of 2007 was a good one. He mentioned that mortgage lending in particular was strong. If that was the case then how did Northern Rock end up being nationalised in just over 7 months? Was someone checking and verifying the statements of the chief executive. The external auditor’s complacency was another issue. In their report of 2006 they gave a clean bill of health. This was later investigated by the House of Lords economic affairs committee which found that the auditors had performed their job carelessly. An effective audit committee could have spotted these problems well in advance. The reason for PWC’s complacency might either be because of the presence of Rosemary Radcliffe on the audit committee who was previously a partner of PWC or maybe they were providing other non audit services to the company and did not want to upset the board. As per the corporate governance code the number of audit committee’s members was according to the code but none of the NEDs had any financial experience. Nichola Pease had experience of fund management but not in the banking industry even that experience was not a recent one as required by the code. It seems that at Northern Rock the audit and risk committees were not taken very seriously as Rosemary Radcliffe only attended two out of four audit committee and one out of three risk committee meetings. Experience: Northern Rock appointed a Senior Independent Director with over half the board being non-executive directors- following the combined code 2 and Basel 2 recommendations. However none of the directors were experienced enough in the field of banking not even building society. This in fact does not support the idea of having good corporate governance as it does not ensure failure or success. The above factors raised questions as to why the company’s shareholders did not question the risky business model or was it because of outstanding profits seen as the reward for taking such risk. The remuneration committee can also be held responsible for the failure as both the chief executive and the company took on the gamble for the high risks which in turn questions the values of the shareholder and executive. As mentioned above there were so many factors involved . i. e. he lack of experience, the chairman of the board and nominations committee Dr Ridley had no prior financial experience and even the subject that he has studied is far different to the role he was responsible for. The other four non executive directors Fenwick, Gibson, Pease and Queen also did not have recent relevant experience. Sir Derek Wanless with a good education background but unfort unately with some negative history while working in NatWest where he got paid ? 3M having lead a disastrous acquisition strategy. If the company was aware of the history then why was he appointed as a chairman of the Audit and risk committee? All of the above points indicate that it was really poor corporate governance in place which neither of the committee paid attention or lack their experience in the case of chief executive`s appointment cannot be said that much as he was internally promoted it is sometimes good so he knew about the company from scratch to the top but in some case it is better to have an experience person from a different companies so that they can bring new ideas and innovation. The audit committee had to review what they have been there for the monitoring of the internal financial control, the services, remuneration, re appointments of the external auditors. If the corporate governance were strong in the company there would not be any mis representation of the financial reporting neither by the chief executive nor by the external auditors and also they would have known the consequence of the failure before it had happened. Comparison In this question I am going to compare the governance arrangements noted in the case study with the current version of the UK corporate Governance code. Northern rock had applied most of the governance code but there were some weaknesses in some of the areas. Chief Executive and Chairman As per the UK governance code the chief executive and the chairman should be separate, their re-appointment and remuneration will have to be approved by the board. In Northern Rock the above codes were applied properly. Chief executive and chairman were two different individuals and their appointment and re appointment were also approved by the board. Audit Committee As mentioned above Northern Rock’s audit committee failed to comply with the UK Corporate Governance code on more than one count which led to the auditors not performing their job properly. Audit committee should act as a watch dog in an organisation. Risk Management Committee UK corporate governance says that the board should conduct a review of the risk management committee’s effectiveness at least on a yearly basis. The review should cover almost everything including financial, operational and compliance controls and should be presented to the shareholders. Looking at the timeline of collapse of Northern Rock it seems that the risk committee was not very effective in identifying risks faced by the organisation and hence failed to perform its duty properly which led to the collapse of UK’s 5th largest lender in within one year. Remuneration Nominations Committee According to the UK corporate governance code the company should have a remuneration and a nomination committee which should determine the salaries of the board members and should nominate suitable individuals for appointment. The nomination committee should be made up of non executive directors who should be independent members of the committee. The chair or non executive director should chair the committee but he or she should not chair the committee when appointing the successor to the chairmanship. The committee should also evaluate the skills, experience and knowledge of the candidate when making recommendations. It seems that northern rock’s nomination committee failed in doing their job properly according to the UK corporate governance code. If they had fulfilled the above requirements in accordance to the UK code then the inexperience of the NEDs would have not been an issue. Chance of another failure Generally, organisations with relatively poor governance don’t succeed as uch as those with high standard corporate governance aided by investors. Northern Rock proved this statement when worries about corporate governance resulted in poor performance. This came about 4 years before it was nationalised when shareholders were concerned in the kind of bonuses which were being paid to executives. This develops another understanding about the theory that governance drives performance rather than performance driving governance. Non-executives improve performance and t he balance between executives and non-executives is very vital. Considering both the internal and external factors affecting the failure of northern rock it was mainly caused due to its internal disability of managing crisis. It was the very flawed legal regulation and the poor corporate governance of Northern Rock that let itself down during the tough mortgage crisis in the US. The business model of the company worked for a number of years but despite the risk involved the non-executive directors cared less of the actual risks to the company’s model. Lesson can be learnt from the Northern Rock fiasco by other businesses regardless of their size or profitability. If any business does not implement the corporate governance codes properly they are guaranteed to have problems sooner or later. Similar failure happened to the fourth largest American bank Lehman brothers due to poor corporate governance as their systems were very weak. The key areas of the failure were Corporate risk management, Board of directors, remuneration committee and nomination committee. The board of directors included nine retired four of them 75 years old one a theatre producer and another navy admiral with no banking industry experience. In the board of directors the directors were paid well for their work each in the range $325,000 to $397,000 even after getting high return from the company they were not seriously taking care of the company due to having other responsibilities. Their risk management were also a failure because their executive committee the CRO and the CFO meeting were every week but instead they meet only twice in both 2006 and 2007 which was very outrageous. The failure of the remuneration committee was that only $1 billion were paid in cash bonuses in just matter of 8years which is a big failure. Other than that $500 million was paid to the chairman. Out of the ten board member four of them were 75 years old and only one had the recent knowledge of financial sector. If in the future any other bank or business will not make their corporate governance strong I am afraid there will be more cases like in the future. Conclusion: After all I have mentioned above it was a poor corporate governance that led the bank to failure. Northern rock had all sort of weaknesses in their corporate governance code it will be a good lesson for the other banks to learn if they have any sort of weaknesses in their corporate governance they should amend those before it will be too late. References 1. Treanor, J. (2008). Poor governance reduces profits, says ABI. Available: http://www. guardian. co. uk/business/2008/feb/27/executivesalaries. insurance. Last accessed 09 Feb 2013. 2. Roman A. Tomasic . (2009). Corporate Rescue, Governance and Risk Taking – Northern Rock and Its International Context. Available: http://papers. ssrn. com/sol3/papers. cfm? abstract_id=1417953. Last accessed 09 Feb 2013. 3. The Financial Reporting council. (2012). The UK Corporate Governance Code. Available: http://www. frc. org. uk/Our-Work/Publications/Corporate-Governance/UK- Corporate-Governance-Code-September-2012. aspx. Last accessed 09 Feb 2013. 4. Agha, M G and Qatinah, A. (). Lehman Brothers and Corporate Governance Failure. Available: http://www. slideshare. net/adnanqatinah1/lehman-brothers-case-study2. Last accessed 09 Feb 2013. How to cite Northern Rock Plc, Essay examples

Men and Women in The Sunne Rising and To his Coy Mistress Essay Example For Students

Men and Women in The Sunne Rising and To his Coy Mistress Essay Donnes The Sunne Rising is about a pair of lovers in bed being imposed upon by the morning sun. IT is typical of seventeenth century romantic poetry. Donne wrote for an elite circle of well-educated friends and his work sows the control men had over women at the time. Similarly To his Coy Mistress is a seduction poem, very fashionable in that period. Marvell is trying to manipulate a woman into making love with him. He woos her by talking elaborately of all he would do if time allowed and tries to convince her it is no crime. However, time is against him and he becomes more forceful in his approach. The lady whose affection he seeks, appears to be reluctant but has very little choice in the matter and she is treated more like property than human. In comparison Like a Flame depicts a woman commanding the situation. She sees the man and it is her who signifies consent. Nichols uses a contemporary modern style in her poetry, to examine love from a female point of view. The poem is written in Creole, an adaptation of English and the tongue of Nichols and her people. By writing in Creole she has taken away the authority of traditional male poetry and made it her own. In Like a Flame has no set stanzas or line length and this helps the poem flow with a Caribbean rhythm adding to the message presented. Nichols uses poetry as a weapon to express her political and social views and this particular piece shows the oppressed women rising up and showing the world that women are more than objects in love. Like a Flame has no punctuation and this allows enjambment and ambiguity within the poem. It is not self contained in any way by rhyme or stanzas and this gives freedom to the poem and increases the view of the poet that love is freedom, does not conform to social rules and cannot be controlled. Likewise in The Sunne Rising the idea that the lovers follow no rules is shown: Love, all alike, no season knowes Nichols states the black feminist view and the open structure of her poem enables her to do this. It adds strength and meaning to the work as had she used the Queens English and written in a traditional style it would have been almost hypocritical. The Creole backs up her argument as it focuses the message being put across. The traditional set up of the other two poems fits perfectly for them as they state the strictly male superiority of their time. The Sunne Rising consists of three stanzas making use of alternate rhyme to add control to the argument with the sun. However, there is also some internal enjambment within thew stanzas showing some freedom in the love. Donnes piece is an argument and the use of hard consonants in the first stanza and flat vowel sounds helps to reinforce this and hold it together. In the second stanza the harsh sounds are replaced with softer long vowel sounds such as: If her eyes have not blinded thine, Looke and to morrow late, tell mee. Donne also uses repetition of long sounds to soften the tone and express his love: mee. Unlike Nichols, Donne lived in a male microcosmic world and appears to be reluctant to move with the times; ignoring new scientific revelation, and reverting back to the idea of a geocentric world. The firm structure of the poem exposes clearly the narrow mindedness of men at the time towards women and their view that woman could be controlled. .uf1a4c96451d11d9d6248f63c0b467c52 , .uf1a4c96451d11d9d6248f63c0b467c52 .postImageUrl , .uf1a4c96451d11d9d6248f63c0b467c52 .centered-text-area { min-height: 80px; position: relative; } .uf1a4c96451d11d9d6248f63c0b467c52 , .uf1a4c96451d11d9d6248f63c0b467c52:hover , .uf1a4c96451d11d9d6248f63c0b467c52:visited , .uf1a4c96451d11d9d6248f63c0b467c52:active { border:0!important; } .uf1a4c96451d11d9d6248f63c0b467c52 .clearfix:after { content: ""; display: table; clear: both; } .uf1a4c96451d11d9d6248f63c0b467c52 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf1a4c96451d11d9d6248f63c0b467c52:active , .uf1a4c96451d11d9d6248f63c0b467c52:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf1a4c96451d11d9d6248f63c0b467c52 .centered-text-area { width: 100%; position: relative ; } .uf1a4c96451d11d9d6248f63c0b467c52 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf1a4c96451d11d9d6248f63c0b467c52 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf1a4c96451d11d9d6248f63c0b467c52 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf1a4c96451d11d9d6248f63c0b467c52:hover .ctaButton { background-color: #34495E!important; } .uf1a4c96451d11d9d6248f63c0b467c52 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf1a4c96451d11d9d6248f63c0b467c52 .uf1a4c96451d11d9d6248f63c0b467c52-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf1a4c96451d11d9d6248f63c0b467c52:after { content: ""; display: block; clear: both; } READ: Poetry Analysis/ Practical Criticism "Auto Wreck" EssayThis view is echoed in To his Coy mistress. The poem is also written in a controlled manner with three distinct stanzas, use of rhyming couplets and each line has four main stresses. The poet is trying to manipulate a woman into bed with him and the set structure helps show his arguments and it them flow in an ordered manner. The three stanzas develop the argument and show each stage as it is formed. Each rhyme is the ending of one view or point in the overall argument. The couplets also provide a lot of enjambment within the stanzas and in the first stanza this makes the poem flow in a seductive sensual way. This stanza is the ideal situation and what he would do if time allowed. In the final two stanzas the rhyming adds power and effect to the argument. It makes the tine more threatening and sinister and increases the control the poet has over the lady: And your quaint Honour turn to dust: And into ashes all my lust. The second stanza shows the cruel side to the poet and is the stage in the argument where he is expressing the consequences of not acting then and there. The final verse is almost a desperate plea and the answer to the problem. The points are ordered in a logical manner. In affinity with The Sunne Rising Marvell uses hard consonants and short vowel sounds to make the argument tougher and softer longer vowel sounds to seduce and flatter the woman involved. The overall tone of this poem is suggestive and seductive. It begins with excessive worship and romantic love of the woman, which also conveys a certain falseness, and desire, which is not present in the genuine sensuality of Like a Flame. The rhythm pushes the poem on and the tone becomes more aggressive and blunt. The use of such images as the marble vault the Grave and the worms add to the unconventional repulsive and urgent tone, which puts pressure on the woman to do as the man wants. The tone softens again for a passionate final campaign. The final stanza is more sexual and physical than the love and death of the first two. Phrases such as Time devour birds of prey and Iron gates increase the strength of the argument and the position of the man in the situation as the controller. Similarly Like a Flame has very strong sexual undertone and imagery. Nichols uses strong, powerful and passionate words to make the poem more physical and they add hot energy. The sexual image gains from the use of the flowing Creole dialect. The image of meeting him like a flame is a sensual, dangerous and hot one. The physical aspect is shown by the lines: his hands soft his words quick his lips and they also make the poem more erotic. It is not only the danger of love itself but the danger of being caught that is implied within the poem. The silent agreement of I nod, and the fact that they meet at night reinforce the danger of love. The flame represents their love and it brings light. The heat from the flame makes scene more sexual. The flame also represents the freedom of the woman. Raising up /from my weeding/ of ripening cane shows at face value a woman standing up from working in the fields. On another level it shows the woman standing up for her rights as a woman to control. The ripening can is the social view and as it is ripening it is shown to be developing and the role of women in society and the day of them being domineered over is changing. The weeding suggests that she has been tending the cause to aid it to grow properly. There is a strong use of I and me and it gives the poem female authority. .ud497fd9255e20ac730bf4700b5153104 , .ud497fd9255e20ac730bf4700b5153104 .postImageUrl , .ud497fd9255e20ac730bf4700b5153104 .centered-text-area { min-height: 80px; position: relative; } .ud497fd9255e20ac730bf4700b5153104 , .ud497fd9255e20ac730bf4700b5153104:hover , .ud497fd9255e20ac730bf4700b5153104:visited , .ud497fd9255e20ac730bf4700b5153104:active { border:0!important; } .ud497fd9255e20ac730bf4700b5153104 .clearfix:after { content: ""; display: table; clear: both; } .ud497fd9255e20ac730bf4700b5153104 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud497fd9255e20ac730bf4700b5153104:active , .ud497fd9255e20ac730bf4700b5153104:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud497fd9255e20ac730bf4700b5153104 .centered-text-area { width: 100%; position: relative ; } .ud497fd9255e20ac730bf4700b5153104 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud497fd9255e20ac730bf4700b5153104 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud497fd9255e20ac730bf4700b5153104 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud497fd9255e20ac730bf4700b5153104:hover .ctaButton { background-color: #34495E!important; } .ud497fd9255e20ac730bf4700b5153104 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud497fd9255e20ac730bf4700b5153104 .ud497fd9255e20ac730bf4700b5153104-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud497fd9255e20ac730bf4700b5153104:after { content: ""; display: block; clear: both; } READ: Poetry Analysis Buffet Etiquette EssayIn The Sunne Rising the tone is tense at first and implies that the poet is annoyed at being watched by the morning sun. As the poem moves on the tone becomes more relaxed and romantic. Unlike the other two poems there are not a lot of sexual references but the love is more romantic. The romance is not aggressive as in To his Coy Mistress but is more dreamy and sincere. However like To his Coy Mistress the poet still sees himself as superior. She is all states, and all Princes, I, implies that woman can be governed. This is very different from the equality and lack of pressure in Like a Flame. Donne plays with scientific ideas such as alchimie and exploration. He draws on his knowledge to create rich, warm imagery such as the Indian spices, talk of kings and reverend and strong beams. By using these love is made to appear the most special thing in the world and increases the bright, warm image of the sun. Donnes personification of the sun as a voyeuristic old man is used an aid to express his love by winning and argument for her. Donne uses this to impress the woman however as he is arguing with the sun which cannot answer back. The accomplishment is less great that first thought. Similarly, To his Coy Mistress is rich in imagery. It is not as pleasant as Donnes, but it is effective in arguing his point. In the first stanza Marvell is very hyperbolic, using phrases such as Till the Conversion of the Jews which will never happen. These hyperboles make it more seductive and flattering but they seem somewhat excessive. Marvell uses the organic image of the vegetable, which shows his basic uncomplicated love for the woman. The later imagery is much less romantic and is a perverse way of expressing lust and desire. Darkness and death are obvious images is a distinct contrast to The Sunne Rising which is full of light images. Marvells images put pressure on the lady and he emphasises the effect of not acting now with such words as dust ashes and grave. He also personifies the sun as in The Sunne Rising but he uses it to show the movement of time, which is present throughout the poem, aided by the rhyming couplets. In conclusion, it is obvious from this selection of poems that the view and place of men and women in society has changed greatly. In the seventeenth century men had enormous control over women which is clearly shown in typical poetry of the time. Men would obviously do whatever necessary to get the woman they desired into doing their wish. Nichols Like a Flame was written in the twentieth century and expresses the new freedom women have and the equality they have in all matters of life including love. Nichols makes love seem more real and passionate; it is not pure lust and desire but it is not conventional romance. However each poem in its own individual way, expresses that love is passionate. therefore it is the social ideas that change and the style of writing that alters not the way love is between two people.