Kitchen Best Essay Example for Free

Kitchen Best Essay Individual case study: Kitchen Best Kitchen Best is the typical family owned SME, specialized in the Kitchen appliance production, with Headquarter in Hong Kong and manufacturing plant based in China, in the Guandong province. The main problems concerning the company, are all related with its managing and governance system. The company has been run for years by its founder, Cha Dong, who managed it in a paternalistic way, establishing very strong relationships with most of its senior Staff. His management style reflected the old business culture, characterized by high sense of belonging to the â€Å"family† and an high degree of acceptance of the practice of kickbacks, considered the normal way to run business in China. When Cha Dong, at the end off its career, left the management to its son, Henry Chan, all the governance shortcomings came to light. Henry Chan, who received a Western education, had a more international approach, less involved than its father in the operational activities of the company and more focused on its ambitious targets. He prospected to double the revenues of the company entering the US and EU market directly, while continuing to serve the Asian market, where its father focused until that day. Its expertise in the Western culture would have helped the enter in such markets, making the project ambitious but feasible, on the other side focusing in such a target would have meant ignoring the management aspects of its role, who are the basis for the success of a company. Furthermore Henry Chan lack of operational expertise, so he completely relies on Ma Luk, the company’s operations Director, to whom his father delegated the entire operational activities of the factory, during its lasts years of management. He had in that way a great independence and power, given by its expertise and close connection with clients and suppliers. He had also a low level of coordination with Henry Chan, to whom he formally reported, but still substantially referred to Chang Dong for important issues. In fact the Kitchen Best founder had still a strong managerial presence in the company, as all its employees trusted him completely, we can asses that the managerial transition did not happened in substantial terms. The company’s culture reflects the old managerial style of the founder: the selection and training of employees is done on a familiar contact base, not relying on impartial standards of efficiency. The lack of standards in training and  recruitment, the high degree of toleration of kickbacks, together with the high independence in the operational decisions, are all factors that contributed to the bad management of the Staff. To Ma Luk, too much power was delegated, with no substantial control, due to the lack of technical skills of Henry Chan. Moreover his strong ties with clients and suppliers were created through kickbacks, tolerated by the father and after by his son, partially to provide a certain continuation in management and partially for fear of losing most of the crucial contacts. Sze, on the other side, trained Macy Wei, Quality Control Manager, affecting so the impartiality required by her role. Looking at the Trust and Advice Network inside the company, we will s urely underline a strong connection between Sze and Macy Wei, as between Ma Luk and Cha Dong, while the actual manager of the company will result isolated and not connected to the main key figures of Kitchen Best. The communication Network will also reveal important managerial considerations. The communication is formal, non effective and one-way: from the bottom to the top, with a total absence of feedback from Henry Chan. A radical change is so necessary in the company’s culture and governance system, starting with a zero tolerance approach toward facilitating payments. Kickbacks are reducing the competitiveness of the company and is severely punished by criminal laws both in China and Macao, where the company operates. This corruptive system is also exposing the company to many problems: one of its key customers, Honghua, has adopted a zero tolerance policy to kickbacks and the company is re-evaluating all its suppliers under standards of competitiveness. To cope with these issues, Henry Chan should concentrate more in the operational part of the company, gaining expertise and position himself strongly at the head of the company. First of all, he should establish a code of ethics, as a first step to change the old and paternalistic company’s culture, by inserting Western elements such as standards and ethics principles. The Code of Ethics should be a formal statement, containing ethical principles related with employees responsibilities and Business integrity. On the other side, Standards should be settled and implemented, with a zero toleration of sub-standards, especially when Selecting, Hiring, Training and Promoting employees. Promotions should be based on performance and compliance with the Codes. Moreover an External Independent Auditor should be hired to control that all  the members of the company, and also its suppliers are complying with standards and Codes. After all, Henry Chan should communicate in an effective w ay the radical measures adopted, explaining to the Stuff how fundamental is for the company to meet the standards established, to enhance its competitiveness in order to better serve its actual Asian clients and to enter the US and EU market. Repeating past errors, such as the Shago or Haus de Metro Incidents, will be fatal for the future of the company: suppliers will be chosen according to their competitiveness and no more on family or friendship relationship base. For that reason a specific Code of behavior for Suppliers has to be implemented too. In conclusion, to make the corporate governance transformation of Kitchen Best feasible, Henry Chan should definitely strengthen its position and impose a more ethic behavior inside the company. To do so, he should enter into the Trust Network, establishing a trust relationship with its Stuff, not being afraid of scolding them when necessary and partially divesting their strength in the customer and suppliers relationships. He should Invest much more time in operational and managerial tasks, as the growth and success of the company depend on them. He should also implement a bi-side communication with its employees, reporting periodically their performances through Feedbacks. When Henry Chan will have adopted all these measures and implemented all the Standards and Codes, his father will be divested from its role, reducing so its influence in the company’s decisions, who reflected the old paternalistic culture, favorable to the unethical practice of facilitating payments.

Mariah Carey :: essays research papers

Mariah Carey, the biggest-selling female recording artist of the 1990's was born and raised in New York by her mother, a former opera singer with the New York City Opera and a vocal coach, Mariah Carey began singing at age four. By the time she was in junior high school, she had begun to write songs. After her high school graduation, she got her fist big break, singing backup for Brenda K. Starr, a break that led to her signing with Columbia Records. And now Mariah is not only a singer, but also a writer and producer. Mariah Carey has had more #1 singles than any female artist, surpassing both the Supremes (12) and Madonna (11), and more #1's than any currently active recording artist. She has had more #1 singles (14) than any artist during the 1990's and seen more singles (3) debut at #1 than any artist in history. With more #1 albums (4) than any female artist in the 1990's Mariah was the first female artist to see two of her albums (Music Box and Daydream) reach the 10 million mark in sales and is the only female artist to have eight albums certified triple-platinum or better (in Mariah's case, her entire album catalog has achieved RIAA multi-platinum status). Mariah's 1990 eponymous debut album launched an unparalleled unbroken string of successes. Mariah Carey has sold more than 12 million albums worldwide, was certified 8x RIAA-platinum, and yielded a record-setting four consecutive #1 singles: "Vision of Love," "Love Takes Time," "Someday," and "I Don't Wanna Cry." The title track of 1992's quadruple-platinum Emotions generated her fifth consecutive #1 single, placing Mariah Carey in the Top Ten All-Time achievers of Most Consecutive #1 Hits. Emotions earned Mariah two Grammy nominations ("Best Pop Vocal, Female" and, with Walter Afanasieff, "Best Producer") and an American Music Award ("Favorite Female Artist, Soul/ R&B"). On March 17, 1992, Mariah appeared on MTV Unplugged, leading to the release of Mariah's sixth #1 single ("I'll Be There") as well as an EP which has been certified triple platinum in the U.S. and has sold more than five million copies worldwide. In 1993, Mariah released Music Box, an album which as sold more than 24 million copies worldwide, has been certified ten times RIAA platinum, and generated her seventh and eighth #1 singles "Dreamlover" and "Hero" as well as the Top 10 hit "Without You." Mariah followed up with her holiday album, Merry Christmas, which sold eight million copies worldwide shortly after its release in November 1994 and has been certified quadruple platinum by the RIAA.

Multi Fiber Agreement Is The Most Impacted Agreement Signed Economics Essay

Drumhead Multi-fiber Agreement is the most wedged understanding signed on Textile and Clothing Industry. Before the MFA, industries in major importing states were extremely impacted due to the unregulated imports. Since the execution of MFA universe trade on T & A ; C was subjected to quotas. These quotas were negotiated bilaterally and regulated by the MFA. It was chiefly based on the rule of ‘non-discrimination ‘ . Members were agreed to merchandise on selected measures in importing garment merchandises from the developing states. After several treatments, started from Uruguay in 1986 to Geneva in 1994, members of the MFA came to an understanding to get rid of 20 old ages old MFA, in a 10 twelvemonth consecutive procedure. Agreement on Textile and Clothing was granted. ATC was consisted with four phases of taking procedure of MFA ( WTO 2010 ) . Fabrics and vesture, was 16 % comparing with Hong Kong ‘s exports value and rated as 2nd taking fabrication industry. After the abolishing, fabric and vesture industry have to confront the challenges and new chances. In short term state ‘s economic system loosed 3 % of market portion ( 9 % -6 % ) of the international market. The economic system went to downswing and loosed chance in spread outing their exports to developed states. Fabric and vesture manufacturers were non in a place to vie with the international market due to the low capacity of fabrication and export of Textile and vesture merchandises. But some single exporters have achieved competitory advantages by diminishing their costs by take downing labor costs and lay-off the extra workers. Country ‘s supply concatenation direction has besides changed due to the abolishment of ATC. Major providers have to take control in their supplies and they shift their extra production to other industries in order to a void cost from none bring forthing. Sing the chances, ATC abolishing, enabled both importers and providers to offer best merchandises and services. This is anticipated to lowest managerial costs and 40 % of the clip and attempt was used up on antecedently allotments of orders to a high figure of beginnings. It was able to reduced cost per unit and shifts the benefits to their makers every bit good as more chance made to spread out non merely in their part but in other parts. Hence, state ‘s garments industries already established. In the long-term, makers more tended towards sophisticated and high value-added processs, while beef uping relationships with foreign garments purchasers. This was helped them to re-capture their market portion while high competition rose from China. However most of the benefits of the quota riddance went to the consumers in USA and EU. Because the monetary value of one piece of fabric became lower through gap to the competitions and premium by quota riddance addition by the concluding consumers ( Hong Kong ‘s Trade Development Council 2005 ) . The export based garment industry in Nepal was succeeded between old ages 1991-2000. . The United States absorbed more than 80 % of Nepal ‘s entire ready made garments exports before the ATC quota phase-out. The industry was managed to keep 25 % of entire exports yearly. In 2002 it was recognized as the highest foreign currency earner to the state ( US $ 160 million ) . In 2004 ready-made garments were ranked among top two export merchandises. The peak clip of the industry, can be identified as the period of 1994-1995 and reached to a record of 49 % part to the state ‘s entire exports. The industry consisted of 1,067 registered workss every bit good as more unofficial operations. In 1999/2000, employed workers were estimated as 50,000. But after the riddance of ATC, in 2006 it was supplying direct employment for merely 4,450 workers and about 45 % of the employees were adult females. But, harmonizing to 2001 figures, it is about 27 % . The abolishment of ATC was a decease knell to the industry. Export net incomes declined by an one-year rate of 14.2 % ( 2000-2007 ) , and decreased to 21.2 % ( 2005-2007 ) . Export from the USA market and net incomes declined by 18.5 % and 28.4 % severally, during the two periods. The industry was happening hard to vie in the USA market. Companies which were based on the imports of natural stuffs, tended to purchase largely from India and China. This was increased in costs compared with other rival garment bring forthing states. When the Government of the USA imposed quotas on garments imports from developing states, Nepal was an attractive state for Indian exporters who wished to put in garment production to run into their quota lacks and produce garments merchandises to the United States market. In 2004, proportion of the ready-made garments exports comparing to the entire national exports were 17.8 % and 6.7 % in 2007. In 2004, the portion of garment exports to the USA was 13.4 % , but decreased to about 4 % in 200 7. Gradual abolishment of the universe quota government in T & A ; C resulted in backdown of investing by Indian investors who were already invested in garments industry in Nepal and exploited the quotas provided chiefly by the USA to Nepal. Garment industry had experienced a rapid growing from the mid-1980s chiefly, because of their quota installations given by the first universe states such as the United States and Europe. But, the industry was confronting high competition in the universe market in garment industry. When the phasing-out of quotas started from 2005, exports have been already down from 2000/01 except a export recoil in 2002/03. The portion of ready-made garments exports to entire exports decreased from 28.1 % in 1999/2000 to 6.7 % in 2006/07. Hence, domestic entire exports growing was severely declined -1.4 % in 2006/07 from 39.7 % in 1999/2000. Industry ‘s part of the entire national exports to gross domestic merchandise ( GDP ) was 13.6 % before riddance, bu t 1999/2000, it was declined up to 8.2 % in twelvemonth 2006/07 ( Belbase et al. 2009 ) . Indian fabric industry is consisted with ready-made garments, cotton, silk, woollen fabrics and handcrafts. In 1985 the policies were changed and a separate policy statement was started to development for fabric industry. Domestic fabric policy was province in 2001 ( Impact of WTO on Textile Industry in India ) . The 2nd biggest fabrics manufaturer and cotton consumer in the Earth is India. China holds the first topographic point. India is the universe ‘s 3rd largest manufacturer of cotton after China and the USA † ( Impact of WTO on Textile Industry in India ) . It was represented as the starting point for an automatic liberalisation procedure, when former MFA quotas were carried over into the ATC on 1 January 1995. The first phase of the Agreement and the new growing rate was applied yearly in the undermentioned manner when the former MFA growing rates applicable to each of these quotas were increased ( Appendix 6 ) ( Impact of WTO on Textile Industry in India ) . There are some commissariats and committednesss that have to be undertaken in all countries of the Urguary Round since this relate to fabrics dressing. Therefore all members are required â€Å" shall take actions as they may be necessary â€Å" to stay by the subjects of WTO in order to accomplish improved market entree to avoid favoritism against fabrics and vesture imports and to guarantee the application of just and just trading conditions. ( Impact of WTO on Textile Industry in India ) . The elaminating the MFA understanding was impacted to the industry in many ways. When the ATC progressing towards elemination, there were some support by political relations on the many-sided trading system. Decrease on duties besides take topographic point in India for the industry. India belives that the elemination is positive impact on the industrial development in long-run. There are the efficiency additions from extinguishing extremely falsifying quotas that have lead to an inefficient planet ary allotment of fabric and vesture production. There is the loss of quota rents on the portion of ATC exporters. The Agreement on Textiles and vesture was terminated in December 2004. Bilateral quotas removed and all fabrics and vesture merchandises were to the full integrated into WTO regulations. Full application of WTO regulations to international trade in fabrics and vesture was a really positive and long-awaited development for the industries and 1000000s of consumers who will profit from a more unfastened, non-discriminatory and crystalline trading environment in this sector ( Impact of WTO on Textile Industry in India ) . Appendixs Appendix 1: ( Nordas 2004 ) Appendix 2: ( Nordas 2004 ) Appendix 3: ( UNCTAD2008 ) Appendix 4: ( UNCTAD2008 ) Appendix 5: ( Mlachila 2004 ) Appendix 6: ( Impact of WTO on Textile Industry in India ) Phases Year Change Phase 1 1st January 1995 Growth rate increased by a factor of 16 % yearly. Phase 2 1st January 1998 Growth rate increased by a factor of 25 % Phase 3 1st January 2002 Growth rate increased by a factor of 27 % yearly.

Stereotyping and the Logical Fallicies Essay - 1002 Words

Frederick Howard Giovanni Colombo Informal Logic 12/13/2010 Stereotypes and rhetoric 1 Types of People and Stereotypes 1 People are always judged by what they do. It doesnt make a difference if your personality matches others in the same profession or hobby, you are stereotyped by what you do. Its common rhetorical thinking, which, while it can be amusing and sometimes correct, is often incorrect. Computer geeks for example, for a long time were seen as losers. Then the dot com boom hit, the internet took off, and now computer geeks are seen as the saviors of the world instead of losers. Gamers are often seen as losers, although many hold high paying, high prestige positions. There are several groups of stereotypes that†¦show more content†¦Egypt of 5000 years ago utilized tattoos to show an important individual. It was brought over to the West by US Sailors traveling to the Philippians. Its not necessarily a good stereotype, since as its been stated, the idea of tattooing comes from far more than just troublemakers in any country. It has historical and cultural significance all over the world . Feminists are also seen with many stereotypes. The most common is that a feminist is a man hating, angry, ugly woman who cant get a man. Its very simple to see that they are hit with a lot of stereotypes, and why. Feminism doesnt have many fans, especially among the male population. A lot of common rhetoric is thrown, such as feminists are all the same, feminists are all angry... etc... According to Rockler-Gladen, â€Å"People imagine a stereotypical image of an angry, man-hating, unattractive woman with hairy armpits screaming irrationally about imagined insults.† (Stereotypes about Feminism, 2008 p1) Because of this, a lot of women wont identify with feminism, so they end up not being accepted as women who want equality, but instead as not having backbone. These are obviously untrue stereotypes, since nobody of any belief system is exactly the same as another. Senior citizens are also often seen in a bad light. How often do people tell the joke about seeing