Friday, September 6, 2019
Applications of Biochemistry Essay Example for Free
Applications of Biochemistry Essay Blood is one of the most important fluids in the human body. It helps carry nutrients such as oxygen to the cells in the body and transports out wastes like carbon dioxide and other metabolites from these cells. Since blood is the medium through which the different organs and tissues in our body communicates, keeping a close eye on the constituents of a blood sample would provide a good indication of the functioning of the human body. Blood gas tests are ordered for patients who might have symptoms of pH imbalance, extreme levels of oxygen/ carbon dioxide, or in order to evaluate the functioning of organs such as the kidneys and the presence of disorders such as diabetes. The latter tests are measured through the analysis of electrolytes and metabolites in the blood. Patients who are on a ââ¬Å"ventilatorâ⬠in a hospital may have their treatment procedures also monitored using a blood gas analysis test. In the Core Laboratory of University Hospital in London, Ontario, the Gem Premiere 3000 Blood Gas Analyzer is used in order to perform tests on patients. There are two analyzers present in this laboratory. Both machines can run tests for levels of pH, partial pressure of carbon dioxide, partial pressure of oxygen, Na+, K+, Ca++, and hematocrit (Hct). One of the machines however, is also capable of running glucose and lactate tests as well. One other final blood constituent that is also analyzed in this analyzer is for carboxyhemoglobin. If a sample is to be tested for carboxyhemoglobin, the sample must be injected from the syringe into the GEM cuvette. The cuvette is then inserted into another analyzer in order to test carboxyhemoglobin levels. The samples collected for blood gas analysis tests can be arterial, venous, or capillary blood. Reference Range values of measurements in the ââ¬Å"normal rangeâ⬠using the Gem Premiere 3000 (UCSF Medical Center, 2011). All samples are delivered to the laboratory in syringes or capillaries from the bedside of the patient in the hospital. A sample that arrives from the Operation Room can only be stored for and has to be analyzed within 15-20 minutes. Samples that are delivered to the laboratory on ice can be stored for one hour while all other samples must be analyzed within half an hour. Unlike other samples that are analyzed in the lab, these samples are not archived after analysis. All samples must also be warmed between the hands before being analyzed in order to mix the contents thoroughly. All syringes with samples contain a coating of heparin sulfate in order to avoid the clotting of blood samples. Once the source of blood sample (arterial, venous, capillary) has been selected on the display screen of the analyzer, the sample is checked for clots. This is done by testing a drop or two onto a gauze pad. The barcode on the sample syringe is then scanned in order to read the patient ID and store the results. A message then appears on the screen of the analyzer that reads ââ¬Å"Present sample nowâ⬠. The tip of the syringe can then be inserted at an angle, into the needle that protrudes from the Analyzer. The results will then appear on the screen and be saved on the patientââ¬â¢s profile according to their ID that was scanned. The maintenance conducted on the Gem Premiere 3000 is very minimal. The Gem Premiere 3000 contains a cartridge that has electrodes with all the calibration measurements for the machine. The analyzer is checked daily for printer paper. Every week, quality control tests are run in order to ensure the accurate working of the Gem Premiere 3000. The two control tests administered are the ââ¬ËCritical Care QC ContrIL9ââ¬â¢ and the ââ¬ËGEM critCheckââ¬â¢. The first control tests for the proper analysis of of pH, partial pressure of carbon dioxide, partial pressure of oxygen, Na+, K+ and Ca++, while the second control tests for hematocrit low and normal levels (UCSF Medical Center, 2011). The cartilage with electrodes for calibration measurements expires every three weeks. However, if there is a power cut or an issue with the analyzer, the cartridge must be changed immediately before any other tests are conducted. Once the cartridge has been replaced, it takes half an hour for the cartridge to warm up after the CVP control has been run and before tests can be run again. Once all the tests are run, they are saved on the patientââ¬â¢s profile and are available for access by all physicians and hospital staff throughout the hospital.
Thursday, September 5, 2019
Congressional District of Texas Campaign Plan
Congressional District of Texas Campaign Plan Khizer Zamani The 23rd Congressional District of Texas is an interesting congressional district. It is a district that shows how the demographics of Texas, and of the United States more generally, are changing. The district is a predominantly Latino one and until the 2014 election, had a Democratic representative; however, the 2014 election caused Republican Bill Hurd to win, unseating Democratic representative Pete Gallego (Ballotpedia, 2014b). As is often the case in politics, it is important to look ahead to the next opportunity. For 2016, how can someone defeat Bill Hurd? One important aspect is, naturally, campaigning. The role of money in politics is increasingly strong, yet it is also important to spend money on media that reaches the target demographic. The 23rd Congressional district is an important one for politics: ââ¬Å"Texas 23rd Congressional District was a battleground district in 2014 due to the fact that the seat was held by a Democrat, but the district had a slight Republican lean and was won by the Republican presidential candidate in both 2008 and 2012â⬠(Ballotpedia, 2014a). The district is more than 70% Hispanic (Ballotpedia, 2014a) and has a 70% high school graduation rate (Ballotpedia, 2014a), a median household income of approximately $46,000 (Ballotpedia, 2014a), and a college graduation rate of about 21% (Ballotpedia, 2014a). The unemployment rate is 6.5% (Ballotpedia, 2014a), and the population is just over 650,000 (Ballotpedia, 2014a). The area is largely rural: ââ¬Å"About the closest thing to a swing district would be freshman Rep. Quico Cansecoââ¬â¢s (R-Texas) big and rural 23rd district, running from San Antonio to El Pasoâ⬠(Blake, 2011). All of these factors indicate that this ââ¬Å"swingâ⬠district is winnable by the opposition if they consider how this type of voter works. Marketing segmentation will help here (Weaver, 2013). Dividing up the potential voters on the basis of identity categories will help identify key issues and approaches to meet voters in order to achieve victory. Marketing segmentation is closely related to analyses of voting turnout (Nagler, 2013, p. 27). The typical voter in the 23rd Congressional District in Texas is a relatively lower middle class individual. He or she is likely to be a high school, but not college, graduate. He or she is likely Latino and a hard worker with aspirations for a better life. He or she is likely relatively concerned about their personal economy and is slightly more socially conservative than Texans in other districts, but likely advocates for gay rights. He or she is likely a nominal Catholic or grew up in a culturally Catholic home that informs their ideas about life (Kemp, 2005). This means that the voter may have certain ideas about gender roles, which in turn could influence their votes. The younger median age in this congressional district means that the voters are likely far more digitally connected than the older generation, and they tend to get their news from less traditional sources such as Facebook and even The Daily Show (Baumgartner, 2006). This means that they are actually rather well informed, but have an expectation for immediate responses and irreverence. Despite the problematic aspects of these trends (Popkin, 2006), it is still important to respond to them if victory is the most important thing. Therefore, the hypothetical, proposed campaign ââ¬â which will be discussed below ââ¬â will be digital, yet tailored to the demographics of this specific district. Therefore, the ideal candidate for 2016 will be a male of Latino heritage who can appeal to the working class, ideally because he exemplifies the American dream and has worked his way up from humble circumstances. The ideal candidate would be the owner of a blue-collar business and whose personal narrative goes something like he came to the United States at a young age, overcame poverty due to a strong family relationship, went to trade school and now owns a successful, but relatable, business in a blue collar field such as plumbing or HVAC. This would ensure that the candidate is relatable to the economic and cultural dynamics of the congressional district. This does not mean that the path to a democratic victory involves simply dragging out an average Joe or Juan and convincing him to run. It will be a difficult campaign, partly because ââ¬Å"The traditional view in electoral research holds that Congressional election campaigns are principally aimed at highlighting the virtues of the individual candidatesâ⬠(Kim Leveck, 2013, p. 492). Further, incumbents have a distinct advantage, because they are more experienced at campaigning, because voters often go for that which they already know (Kim Leveck, 2013, p. 492), and because they tend to be higher quality candidates (Kim Leveck, 2013, p. 492). Redistricting has changed the 23rd district in a way that arguably made it more susceptible to voting Republican (Blake, 2011). This means that the incumbent candidate will find it easier to campaign, too, because the voters there are already well matched to his outreach programs know (Kim Leveck, 2013, p. 492). This means that the proposed challenger will have to engage in a campaign that reflects several different aspects. One of these will have to be funding. Money matters in politics, and money changes votes. The individual will have to have much of his own money and will have to obtain support from many powerful people. In terms of the campaign itself, the candidate will likely find success by focusing on the economy and on the Republicansââ¬â¢ distaste for Latinos. Playing up the opponentââ¬â¢s Tea Party ties, if any, could be a useful strategy given that the Republicans in the 23rd district tend to be more moderate and have rebuked the Tea Party in this district (Martin, 2012). The campaign should therefore be heavily focused on digital engagement that dismantles arguments by the incumbent, plays up the hyper-conservative, Tea Party nature of Republicans and their vicious disapproval of Obamaââ¬â¢s amnesty policies for undocumented workers. The campaign should still focus on the candidateââ¬â¢s relatability, particularly in terms of his personal narrative and economic success (Coleman Manna, 2000). The campaign should have manifold opportunities for younger people to interact digitally. This could include official social media accounts, contests, and opportunities within the geographically large district for people of all ages to interact with the candidate in person. The gerrymandering that has been undertaken in Texas may have redrawn the district maps, but it has not changed the increasing tide of changes in the stateââ¬â¢s demographics. It has not changed overall social trends towards a growing Latino population, increasing economic uncertainty, a more tenuous existence for the middle class, and skepticism regarding rigid belief systems such as homophobia. At the same time, it still means that the district has a large population of conservatives, although they are moving towards a more economically conservative and socially moderate viewpoint. It is possible to flip the 23rd district back in 2016, but it will require planning beginning now. It will require a strong candidate who has an impeccable personal record, yet is still relatable enough for the humble lifestyle of this region. It will also require someone who is capable of traveling across the vast geographic expanse of this district in order to make an impact with constituents and potential voters and to meaningfully campaign in person. This is all doable, but it is important that the right candidate be found immediately and that the campaign launch as soon as possible after the candidate is vetted. Works Cited Ballotpedia. (2014a). Texasââ¬â¢ 23rd Congressional District Ballotpedia. Ballotpedia.org. Retrieved December 15, 2014, from http://ballotpedia.org/Texasââ¬â¢_23rd_Congressional_District Ballotpedia. (2014b). Texasââ¬â¢ 23rd Congressional District elections, 2014 Ballotpedia. Ballotpedia.org. Retrieved December 15, 2014, from http://ballotpedia.org/Texasââ¬â¢_23rd_Congressional_District_elections,_2014 Baumgartner, J. (2006). The Daily Show Effect: Candidate Evaluations, Efficacy, and American Youth. American Politics Research, 34(3), 341ââ¬â367. doi:10.1177/1532673X05280074 Blake, A. (2011). The GOPââ¬â¢s big Texas gerrymander. Washington Post. Retrieved December 15, 2014, from http://www.washingtonpost.com/blogs/the-fix/post/the-gops-strong-texas-gerrymander/2011/06/02/AGP56VHH_blog.html Coleman, J. J., Manna, P. F. (2000). Congressional Campaign Spending and the Quality of Democracy. The Journal of Politics. doi:10.1111/0022-3816.00032 Kemp, C. (2005). Hispanic Health. bearspace.baylor.edu. Retrieved September 19, 2014, from https://bearspace.baylor.edu/Charles_Kemp/www/hispanic_health.htm Kim, H. a., Leveck, B. L. (2013). Money, Reputation, and Incumbency in U.S. House Elections, or Why Marginals Have Become More Expensive. American Political Science Review, 107(03), 492ââ¬â504. doi:10.1017/S0003055413000245 Martin, G. (2012). Canseco concedes to Gallego in District 23 San Antonio Express-News. MySanAntonio.com. Retrieved December 15, 2014, from http://www.mysanantonio.com/news/local_news/article/Canseco-concedes-to-Gallego-in-District-23-4023778.php Nagler, J. (2013). Who Votes Now? Demographics, Issues, Inequality, and Turnout in the United States. Demographics, Issues, Inequality, and Turnout in the United States. Princeton. Popkin, S. L. (2006). Changing media, changing politics. Perspectives on Politics, 4(02), 327ââ¬â341. Weaver, J. (2013). Market Segmentation. Bournemouth University Foundation Degree Southwest. Retrieved November 26, 2014, from http://media3.bournemouth.ac.uk/marketing/07segmentation/04strategies.html
Wednesday, September 4, 2019
An Analysis Of The Sony Corporation
An Analysis Of The Sony Corporation Current Activities Today, the Sony Corporation is a multinational conglomerate headquartered in Toyko, Japan. The company is one of the worlds largest media conglomerates and is one of the leading manufacturers of electronics, video, communication, video games consoles and IT products for the consumer and profession markets. However, Sony is better known for its high quality consumer electronics, which account for 61% of total revenues. In 2008, the company had revenues exceeding à ¥7.730.00 Trillion or $78.88. (Rugman, 2009) Products Modern day Sony is known for its innovative products such as; the Triniton colour television; Bravia High Definition television; Playstation video console; VAIO laptop; Music mobile phones; Walkman and Discman personal stereos. (See Appendix B. For a list of Sonys product) Modern Strategy Culture Industry and Media Synergy Sony is recognised as a total entertainment company. This means it is no longer simply a manufacturer of technological hardware but is an integral part of a culture industry. Sony likes to adopt a media synergy. This term was employed to refer to a strategy, adopted by many hardware and software producing companies of attempting to synchronize and actively forge connections between directly related technologies and areas of entertainment. (du Gay, 1997) Products For its audio-visual products Sonys strategy boils down to producing audio, visual and electronic gadgets and controlling the content that goes through them. For example, Sonys successful Playstation 2 games console allows the company to provide the hardware necessary for the firm to capture the games market. (Rugman, 2009) The strategy reflects Sonys media synergy which came partly from an acknowledgment that Sonys Walkman1 was useless without the cassette that was inserted to it, which was in turn useless without the musical recording artists and the companys Betamax videocassette2 recorder was useless without video-cassettes of films and music. (du Gay, 1997) Moreover, the outright ownership of CBS (music), MGM (movies) and Sony BMG (Music) allows the company access the film and movie industry and music artists. These are forms of entertainment which are viewed and listened to via Sonys products. Market To support the companys commitment to succeeding globally and understanding how business is performed elsewhere, the company seeks to fit into host country communities. Therefore Sony seeks to: Hire locally Strike a balance between the home culture and local culture Participate in the local community. In addition, Sony prefers to list the company on the local stock exchange; appoint well respected local executives to the Board of Directors; and create a local product distribution system. (du Gay, 1997) Internationalisation History Sonys entry into foreign markets appears to have followed the typical internationalization process. (See Figure 1.1) The company initially obtained a license from a US company, Bell Lab, in order to recreate the transistor technology in its radio. These products were produced with success and first introduced to the local Japanese market. The products were then exported to markets of similar consuming habits. Export of these goods occurred via a distributors and then some time later through the companys own subsidiaries. Factories were then established in different markets, where products could be produced closer to the export market and at a cost discount. The final stage of the FDI process occurred when Sony embarked upon opening its own RD and marketing facilities, enabling lasting market presence and understanding of foreign markets. The growth of Sony as a company and its technologies occurred within a process of interaction between the US and Japan. As the company grew, Sony executives gained knowledge from constant visits to the US, acquired the rights to produce transistors from the US and found that North America provided a major market for its audio-visual products. The adoption of the name Sony and the standardization of products such as the Walkman were adopted with the aim of being a global brand (du Gay, 1997) Sony first embarked upon FDI via a wholly owned subsidiary in the US in 1960. However, over the last 60 years it has engaged in Joint Ventures (JVs), Mergers and Acquisitions (MA) and Strategic Alliances. (E.G. Sony-Ericsson, Sony-Microsoft and Sony-Sharpe) Throughout the 1980s two important developments indicate how Sony began actively extending its presence as a global corporation. First, the company aimed to operate in all markets across the world, to reach as many potential consumers as possible. Second, the company aimed to reorganize processes of production in such a way so that they would not be limited to the constraints of the nation state. In such a case, a particular concern was how the effectiveness and international competitiveness of Japanese companies were constrained by the value of the Japanese YEN. This meant that goods produced in Japan were more expensive when exported and in competition with those in other parts of the world. (du Gay, 1997) To pursue these aims, Sony adopted a strategy of globalisation that involved moving their manufacturing and marketing operations to different locations around the world and setting up local operations in different locations around the world. (du Gay, 1997) One of Sonys motives for moving its manufacturing operations was a straight-forward attempt to follow its competitors and reduce labour costs. For example, the first Walkmans were manufactured and assembled in Japan so that the companys management could be close to operations and make any necessary modifications, once up and running and not requiring so many modifications, additional assembly factories were established in Malaysia and Taiwan. (du Gay, 1997) The gradual move came to move operations so that they could respond directly to local conditions. For example, Teletext was developed onsite in the UK and Triniton TV was developed locally in France. (du Gay, 1997) An additional practical consideration was that by establishing and presenting themselves as a local company, Sony could use various national and pan regional rules and regulations to gain the most appropriate and cost effective environment to manufacture and produce its products. The company could exploit cheap labour in Malaysia, take advantage of grants there were available to attract new electronic industries in the UK. (du Gay, 1997) In the 1980s 1990s, Sony began to rapidly expand into Europe. (See Appendix A- history timeline). Sony was vigorous in its international expansion. The company chose to expand into similar markets, such as US and Europe. These markets had large populations, high incomes per capita and a consumer culture. Therefore, the other two TRIAD regions were good markets to promote and sell Sony products. The companys strategy is to be present in its market of distribution and therefore it established a number of factories to develop and distribute its products. The objective is to understand the local market and consumer demands. Sony has a strategy of introducing its products first to its local market (Japan), testing consumer preferences and then introduces these products to its international markets. The adoption of the name Sony (in 1957) was also an attempt to communicate the brand and its products to the market. Sony was able to do this over a significant period of time. Sony learnt significantly from technological, productivity and efficiency improvements this was a stimulant for its international trade and the international product life cycle. (Vernon, 1966) Today, Sony has developed a strategy to not only create technology but to control the content that goes into them. Therefore Sony has embarked upon a number of MAs. First with a 50/50 JV with CBS, which Sony eventually bought outright and also a venture with Columbia Tristar Pictures, MGM, BMI and a number of media companies. Sony has also embarked upon JVs with software companies such as Microsoft. The companys strategy is to be present across all levels of the entertainment industry. CASE STUDIES SONY WALKMAN Walkman is a trademark of Sony Corporation, used originally to market its range of portable audio players. In July, 1979, the original Sony Walkman portable music player the TPS L2 was introduced. Sony promoted the concept of enjoying music, anywhere, anytime using industry advertisements featuring celebrities with the product. The first Walkman was marketed under the Walkman brand in Japan, but in other markets it was originally sold under various names including Soundabout (USA), Stowaway (UK) and Freestyle in Australia. Walkman players become very popular in Japan and foreign tourists visiting Japan who bought them as souvenirs, this prompted Sony to standardise the name to Walkman worldwide (Uggla and Verick, 2008) SONY-ERICSSON Sony Ericcson was established as a 50/50 Joint Venture in 2001 by Sony and Ericsson (a mobile communications infrastructure and systems business based in Sweden) Sony Ericsson functions as a separate entity designing, producing and marketing cellular phones and accessories. It had revenues of 13 billion euros in 2007, from the scale of 100 million units which is a global market share of 9%. (Uggla and Verick, 2008) Sony Ericsson had recognised a segment for dedicated music phones various MP-3 enabled handsets were on the market but there was little differentiation among them. Sony Ericsson decided to investigate and launch a music phone. The company decided to incorporate Walkman into the music phone branding. Sony established that Walkman branding encouraged around 67% of people to buy the phone by adding credibility to the music player. (Uggla and Verick, 2008) Internationalisation Theories The following trade theories are applicable to Sonys process when entering new markets: Dunnings Eclectic Paradigm of Internationalisation Sony was able to successfully expand abroad due to its firm specific and intellectual competitive advantages. Furthermore, the company had successfully established itself in its home market and generating sufficient expertise to export its high-tech consumer electronics abroad. FSA Sony possesses FSAs through the development of intellectual capital. In addition, the Sony brand names (e.g. Walkman, Playstation, Triniton, Bravia) carry significant worldwide consumer value Due to superior FSAs over both domestic and international rivals Sony was able to engage in FDI. Amongst other things Sonys first FSA was it transistor technology. Through this, Sony was able to differentiate itself from its rivals. It was able to provide high tech, desirable products. Sonys FSA also came from its personnel. The companys co-owners (a Physicist and an Engineer), managers and other employees were of high quality, possessed a high degree of technical know-how and desire to improve the companys industry position. Internalisation Sony possesses know-how and competitive advantage through the development of its products first at home and then applying this knowledge to foreign markets such as the USA and the Europe. As previously mentioned Sony was able to acquire foreign technology. The technology licence provided access to the transistor and allowed Sony to gain foreign technological know-how. According to Dunnings Eclectic paradigm Sonys strategy allowed the firm to acquire an intangible asset (transistor technology) apply this technology to its products, and then create a firm specific advantage. The intangible asset provided Sony with an exclusive piece of know-how that was specific to the firm. CSA Sony embarked upon FDI through the sale of its products not only in its home market but also in the US, Europe and eventually the rest of the world. For example, once the transistor had been applied to its radio, Sony sold this item in markets with similar tastes and income per capita. For example, after introducing the TR-55 radio to Japan in 1955, Sony then exported and sold its radios in the US and next Europe in 1957. This could not have occurred without the existence of consumer demand. Sony also took advantage of favourable industry subsidies and national legislation, which encouraged the presence of high tech industries for example, the opening of Bridgend Factory in Wales. According to the eclectic paradigm, all three of the conditions necessary for FDI were present when Sony started its internationalisation process. Sony sought to increase its internalisation advantages and reduce transaction costs, through the purchase and development of new technology and reduce transaction costs through the establishment of its own subsidiary and factory. Sonys actions increased its firm-specific advantages, through know-how and innovation. The company internalised and possessed an advantage over its rivals by retaining the technological know-how, rather than licence it to its competitors. Sony reduced the risk and threats from competitors by retaining its knowledge. Distribution Sonys Initial decision to export its products via a distributor illustrates that company saw value in having a presence within the US market, but the company lacked significant knowledge of the market to justify distributing the products itself. Moreover, it was profitable to export products to the US as there was an abundance of wealth, the US consumer culture, and retail distribution networks. However, trade barriers, import taxes and unfavourable distribution contracts eventually led Sony to establish a subsidiary within the US market. Overseas Production Malaysia Furthermore, Sony eventually located part of its production process to Malaysia. This occurred once the company was satisfied with its local and international products. This also occurred in order to offset the rising costs in the home market, Japan. Sony was able to engage in FDI to Malaysia as the company had generating sufficient amounts of FSAs and ISAs. Uppsala Internationalisation Process Model Part of Sonys business strategy is known as localisation, which is the commitment to gaining market knowledge, cultural understanding and business expertise. Sony has initially licensed its transistor know-how from the US, it was decided that the company should also introduce its products to this market. The Uppsala model can therefore be applied to Sonys internationalisation process. When Sony first entered the US and Europe markets, the company knew little about local consumer demand. The attractions were solely the educated populations, high incomes per capita, government trade measures and distribution networks. In addition, Sony believed that consumers in these markets were similar to those in Japan. When Sony Executive visited the US and Europe, they collected data collection and studied local consumer demand, at this point it was decided to export products to these locations. Sony then committed itself to further to the US and then Europe, through the establishment of its foreign subsidiaries, Sony America and Sony Corporation S.A. in 1960. The establishment of these subsidiaries resulted in further FDI, through distribution systems, marketing campaigns and listing on the local Stock Exchange. Sony was able to overcome some of its foreign company disadvantage as its held a constant presence within the local markets. The company committed itself to understanding how consumers behave and their reactions to new products. Sony was eventually able to engage in FDI as it gained significant knowhow, from exporting, distributing and establishing its own subsidiary, reducing transaction costs. Sony also used its current operating model and consumer tastes to establish itself in markets which it believed to be similar its own. For example, when Sony introduced its VAIO laptop to the US, the price and high technical specifications unlike Japan, were not popular with US consumers. Sony eventually modified its laptops to US consumer tastes. This led to a reduction in price and operating features which US consumers preferred. Joint Ventures (JVs) and Partnerships Sonys JVs, partnerships, mergers and acquisitions can be understood through the application of the Uppsala business model The JV with Ericsson allows the company to gain a first mover advantage from standard setting in the mobile telecommunication industry. Also, the JV allows instant access to the European consumer markets. The company seeks to gain an understanding of these distinct markets but does not have the time and know how. The JV establishes instant knowledge, with reduced acquisition times, creating instant presence and expertise within these markets. Hymerian Theory Monopolistic Advantage Theory Sonys issuance of ADRs in the early 1960s can be understood through the Hymers theory of Monopolistic Advantage, Market Power approach and Product and Factor market imperfections. Sony was able to exploit market imperfections as it could overcome threats from local firms due its ownership advantages (superior technological know-how, economies of scale at home) and other internalised advantages (managerial experience, product developments, existing supply chains, cost advantages). This allowed Sony to obtain favourable political ties, market connections and social positioning; despite the fact Sony was a foreign firm. It was therefore advantageous for local Americans to take an equity position within such a rapidly emerging company. Moreover, Sony was operating in an oligopolistic market, according to Hymers theory of Monopolistic Advantage; FDI takes place in such markets or industries rather than markets or industries operating under near perfect competition. Markets imperfections, allowed Sony to obtain global competitive advantage. Companys which offer investors consistently high rates of return, due to good products and consumer confidence is attractive to investors. Further investment into Sony, allows it to maintain its position of technological superiority. In addition, Sonys technological expertise meant that its products were attractive not only in Japan but throughout the rest of the world. But, Sony initially lacked knowledge in marketing and distribution and so initially used a distributor partner to export its products. This eventually changed when Sony acquired its own distribution system. For example, when Sony first introduced the Walkman in 1979, it did so in its home market first and followed this by introducing it under different brand names, Soundabout (USA); Stowaway (UK); and Freestyle in Australia (Uggla and Verick, 200) The company eventually standardised the Walkman name in the early 1980s. The adoption of the name was to communicate the brand and its products to the market. Sony was able to do this over time and learnt from technology and efficiency improvement which its applied it each of its markets. Product and Factor Market Imperfections Sony embarked upon FDI as it understood it was able to overcome threats from local firms. Sonys strategy is to understand its consumers locally. The company therefore engages in RD and production in most of its subsidiary locations or within close proximity. This is so that it understands consumer tastes and local demand. This strategy can be explained using Caves, Product and factor imperfection. Sony is a market leader and so has superior technological experience and finance to establish local RD and production facilities to understand and satisfy consumer sensibilities. This provided an advantage as the company could combine its know-how, to create products that rival indigenous firms. Internalisation Theory This applies to Sony as the company chose to enter the US under its own brand name as opposed to developing the technology and then selling it on to another company. It retained the knowledge, applied it to its new markets and gained an understanding of consumers in these locations. The company also established subsidiaries as opposed to export via distributors. Market Power Approach This theory applies to Sony through the number of mergers and acquisition the company has engaged in over the last 30 years. Sony has embarked upon a number of mergers and acquisitions throughout its history. The companys strategy is to own not only the content of its technology but also the means by which this technology is used. This has encouraged Sony to acquire music, film, and gaming companies, in order to better understand its consumers but also dictate the market. For example, the company has increased its power by being dominant within consumer electronics both nationally and internationally. In 2001, the 50 /50 Joint venture with Ericsson (a mobile communicate infrastructure and systems business based in Sweden) created a separate entity whereby Sony designs, produces and markets cellular phones and accessories. In 2007, the company had revenues of à ¢Ã¢â¬Å¡Ã ¬13 billion, from the sale of 100 million units which is a global market share of 9%. (Uggla and Verick, 2007) The partnership between these two firms establishes the argument that international production is conducted between industrialized countries and their companies. Moreover, this partnership was established so that both companies could gain a competitive advantage over domestic and international rivals. The ability of both companies to exploit the know-how of the partner and move into new industries can be understood through the market power approach. Sony is now active in the global mobile telecommunications industry. This has allowed it to internalise its know how further, and provided instant market presence within a new industry and new international markets. Word Count 3,419 Figure 1.1 Internationalisation Process Figure 1.1 Entry into foreign markets: the internationalisation process (Source: Rugman, 2009) SWOT Analysis STRENGTHS WEAKNESSES Sony is a large corporation, it is able to concentrate and dedicate manpower to product quality, RD, marketing, distribution, etc. The company has very few time and financial constraints. Brand names and company know how Internal management Key products e.g., Sony Playstation Sony designs, manufactures and sells its own products. Sonys return on investment has been low because of the large amount of capital dedicated to its factories. Sonys Return on Equity is typically around 5%, this could be higher. Large workforce OPPORTUNITIES THREATS Focus on BRIC and emerging economies Continue seeking diverse JVs with industry leading companies e.g., Sony Ericsson Continue to develop and improve key consumer electronics, TV, computers, MP3 and wireless technology New growth areas Mobile phone internet technology Outsourced manufacturing to increase Return on Equity Large Organisation Must remain streamline Economic slowdown Interest rate differentials Flat sales, falling profit margins Late comer to key electronic sectors, such as flat-screen TVs and digital videodisc recorders. Appendices Appendix A. Timeline In 1952 Totsuko (Sony) launched a successful tape-recorder business In 1955 Totsuko adopted the name Sony, it was believed that the name had not only universal appeal but also easy to pronounce. The company also launched its first Transistor Radio the TR-55 in this same year. In 1955, Sony enters into an agreement with Delmonico International to distribute it products within the US. In December, 1958 Sony launched its pocket sized radio the TR-63 to the US market. In January 1958, Sony is listed on the Tokyo Stock Exchange. In 1959, Sony decides to distribute its own products. (To protect its brand name) The group established Sony America and Sony Overseas S.A. established near Zurich, Switzerland, in 1960. The group launched the worlds first direct-view portable TV, the TV8-301. (Datamonitor, 2008) In 1961, the group was the first Japanese company to offer shares in the US, in the form of American Depository Receipts (ADRs) on the OTC market of the New York Stock Exchange. In the following year, the group launched the worlds smallest and lightest transistor TV, TV5-303. (Datamonitor, 2008) In 1968, Sony (UK) Ltd. was established in the UK (later recognised as Sony UK Ltd., in 1993). The CBS/ SONY Records Inc. a 50 50 JV with CBS Inc of the US was also established this year. In 1970, Sonys shares were listed on the New York Stock Exchange. In 1971, Sony launched 3/4 -inch u-matic colour video cassette recorder. (Datamonitor, 2008) A factory was established in San Diego, California, in 1972, followed by a factory in Bridgend, Wales in 1974, which served both the UK and Europe. The Betamax VCR, the SL-6300, the worlds first home -use video system was introduced in 1975. (Datamonitor, 2008) In 1979, Sony Prudential Life insurance Co. Ltd, the 50-50 joint venture with Prudential Insurance Co. Of America, was established. (Datamonitor, 2008) In 1979, Sony launched the Walkman, the 3.5 inch micro floppy disk drive in 1981; the worlds first CD player in 1982; the first consumer camcorder in 1983; 8mm video in 1988 and the first digital VTR in 1985. (Datamonitor, 2008) In 1988, the group bought CBS Record to form Sony Music Entertainment, and in 1989, the company purchased Columbia pictures, forming Sony Pictures Entertainment Inc., in 1991. (Datamonitor, 2008) In 1990, Sony acquires 12 business including CBS records INC and Columbia Tristar Pictures. In 1993, Sony Computer Entertainment Inc, was established, during the same time Sony launched the VAIO a home-se PC series. (Datamonitor, 2008) In 2001, the group established Sony Bank in Japan and Sony Ericsson Mobile Communications. (Datamonitor, 2008) In 2001, Sony Ericsson Mobile Communications established In 2002, Sony absorbs Aiwa (a form Japanese audio visual manufacturer) via merger In 2003, Sony launched the worlds first next generation high capacity optical Blu-ray Disc recorder BDZ-S77. (Datamonitor, 2008) In 2004, Sony established a music distribution company, Sony BMG Music Entertainment. (Datamonitor, 2008) In 2005, Sony completed the acquisition of Metro-Goldwyn-Mayer (MGM), one of the worlds largest privately held, independent motion picture, television and home video companies. (Datamonitor, 2008) In 2009, the Sony decided to form a joint venture (JV) with Sharp Corporation. The JV which will be established in March 2010, will engage in the manufacturing and sales of liquid crystal panel and liquid crystal module. (Datamonitor, 2008) Appendix B. Sonys Main Brands Name Type of product Bravia Visual Cybershot Phone Discman Audio Playstation (23) Games Console Trinton Visual Walkman Audio Source: Datamonitor Sony Corporation Appendix C. Sonys Main Competitors Source: Datamonitor Sony Corporation Appendix D. Sonys Business Activities Sony operates through five segments; 1.Electronic, 2.Games, 3.Finance, 4.Pictures and 5. Others Source: Datamonitor Sony Corporation Source: Datamonitor Sony Corporation Source: Datamonitor Sony Corporation Source: Datamonitor Sony Corporation Source: Datamonitor Sony Corporation Appendix E. Sony Products Source: Datamonitor Sony Corporation
Tuesday, September 3, 2019
Status Quo :: essays papers
Status Quo 1776, The American colonies rebelled against their oppressive, imperialistic mother country Great Britain. They challenged the traditions of an ancient mother country to become an independent nation that would eventually lead the free world. Critical review of established laws, attitudes and beliefs are what this country was forged from. The United States exemplifies the idea that it is necessary to challenge practiced policies when they have become obsolete and ineffective. When governments are out of touch with the bodies they govern then they have become ineffective. This holds true for any situation where one group has control over another from the United States Congress, to state and local governments, and even school boards and administrators. Student life is fully regulated by those who are in noway subject to their own rules. Many examples of this are present in the hallways of schools across America. Most of the hypocrisies are not major travesties of justice, but they do lead to a feeling of second class citizenship among the student body. Little things like not being able to drink a cup of coffee in the hallway degrades students by questioning their ability to perform a simple task without causing problems or difficulties. Unbalanced legislation such as this, where there is a double standard, should be replaced to insure that regulations are to protect the welfare of a population. Not merely to oppress it. Another oppression in schools is the use of a permit pass system for movement from room to room. This practice of total documentation of a students movement throughout the school day is not only unnecessary, but also impractical. And can again lead to the feeling in students that they cannot be trusted because they are inferior to their older counterparts. An idea which is not cohesive to a learning environment by installing an attitude of failure before an attempt is even made. This unfair policy should be replaced with an honor system based on the students verbally informing those who are liable where they are going to be. Changes like this are often needed to transform a non-working system of regulation into a constructive guide for coexistence. Administrationââ¬â¢s control needs to be changed as well because in most cases it is comprised of professionals with the highest degree in their fields. This in turn means that a great deal of time and with it change has occurred between their actual experience of their first twelve years of education and their present state in life.
Advertisement Manipulation :: essays research papers
Advertising Manipulation à à à à à Advertisements are located everywhere. No one can go anywhere without seeing at least one advertisement. These ads, as they are called, are an essential part of every type of media. They are placed in television, radio, magazines, and can even be seen on billboards by the roadside. Advertisements allow media to be sold at a cheaper price, and sometimes even free, to the consumer. Advertisers pay media companies to place their ads into the media. Therefore, the media companies make their money off of ads, and the consumer can view this material for a significantly less price than the material would be without the ads. Advertisersââ¬â¢ main purpose is to influence the consumer to purchase their product. This particular ad, located in Sport magazine, attracts the outer-directed emulators. The people that typically fit into this category of consumers are people that buy items to fit in or to impress people. Sometimes ads can be misleading in ways that confuse the c onsumer to purchase the product for reasons other than the actual product was designed for. Advertisers influence consumers by alluding the consumer into buying this product over a generic product that could perform the same task, directing the advertisement towards a certain audience, and developing the ad where it is visually attractive. à à à à à First, a Multi Tap consists of an L-shaped design with four ports to allow for four Playstation controllers instead of the normal two. The Multi Tap is helpful for some Playstation games that allow for more than two people to play. The layout of the Multi Tap advertisement attracts attention when compared to other similar advertisements. The simple, black and white display of the ad stands out when compared to other ads, which are usually bright and colorful. This manner of presenting the information brings about a simplistic alternative to an otherwise complex world. The Multi Tap is then displayed in the center of the ad to draw attention to its unmistakable design. The advertisement makes the readers think that this device is so easy to use; all one has to do is simply plug the Multi Tap into the PlayStation console and start playing. The ad also tells the readers that with less hookup time, the Multi Tap leaves more time to play. The words ââ¬Å"KNOCKOFF MULT I TAPS. NOW YOUR FRIENDS CAN SIMULTANEOUSLY KNOW WHAT A CHEAP BASTARD YOU ARE.â⬠are placed on a black background and emphasized with big, white, bold, capital letters.
Monday, September 2, 2019
Gender Analysis of ââ¬ÅThe Tigers Brideââ¬Â by Angela Carter Essay
The short story_The Tigers Bride_ raises thought provoking concepts around gender through a plot both alike and unlike traditional Beauty and the Beast. The role of both genders is explored and true freedom questioned within the bounds of society. The text delivers a powerful and even handed message to the genders that constraints are merely a construct, a mask which can slip and shatter when pressure is applied. Angela Carter sketches a bleak setting, and equally bleak outlook for the female protagonist, caught in a powerless, debased and objectified position of social standing. Agency is firmly placed with The Beast, and the father, opening with the line; ââ¬ËMy father lost me to The Beast at cardsââ¬â¢. Objectified from the outset for her beauty, the narrator is declared a ââ¬Ëtreasureââ¬â¢ by both men and a ââ¬Ëpearl beyond priceââ¬â¢ by her father. The barb is deepened with Christmas, the day of items named as the day of her birth. Her nickname ââ¬ËChristmas roseââ¬â¢ gives rye commentary on the traditional symbolism of the rose, which re-emerges later stained with her blood, representing the loss of innocence at the hands of the patriarchy much as her mother before her who ââ¬Ëdid not blossom longââ¬â¢. Despite her predicament the narrator represents herself and her gender atypically to binary stereotype with a cynicism and wit that cuts through the flaws of the hegemonic dominated society around her. Receiving a rose from The Beast, she calls it ââ¬Ëunnatural and out of seasonââ¬â¢ and tears it apart whilst being bartered as an object in the card game. Her disdain for her predicament and surrounds are powerless in these early stages and are blended with a sadness ââ¬Ëyou think there is no winter but forget you take it with youââ¬â¢. The narrator fast becomes a heroine to the audience, through a nurtured appreciation of her budding inner strength. This is emphasised by the stark contrast to the insipidness of the father and veiled vulnerability of The Beast. The windup soubrette doll becomes a leading symbol of the dehumanising ideals of society on the female gender with the heroineà likening herself to the doll, initially. The valetââ¬â¢s statement ââ¬Ësurrounding ourselves for utility and pleasure with simulacra is no less convenient than for most gentlemenââ¬â¢ casts light on the hegemonic expectation of society. However the heroineââ¬â¢s character grows in strength with every denial to The Beast and her rejection of societyââ¬â¢s expectations of ââ¬Ëher skin as her sole capitalââ¬â¢ she acts on this through her rejection of the gifted diamond earrings. Role reversal occurs when The Beast himself unclothes in vulnerability ahead of the heroine. Transformation is near complete when she views the soubrette in a new light and intends to send the doll back to perform the stilted role of fatherââ¬â¢s daughter, realising that true freedom from the limitations of society means shedding and joining the ââ¬Ëbeastsââ¬â¢. The text proposes that gender constraints are a construct and are not limited to the suppression of female power. The bounds of society on The Beast and his estate are also evident and ironically his visage, scent and abode is criticised by the heroine as failing to comply with expectations. Her animosity towards The Beast is likely birthed in her predicament, his mask a reminder of the too perfect hegemony she detests. However The Beast conducts himself with a subtleness and dignity that can be afforded to no human in the story. Contrasting The Beasts behaviour with the character of the father or the viscous rumours of the nursemaids highlights the authors point that the limitations gender and society have created hamper the full potential of character. The Beasts compassion and coyness suggest an inner subordinate or complicit form of masculinity, the hegemonic persona forced, donned as disguise to conform. The story outlines an ideal place; ââ¬Ënothing human lives hereââ¬â¢, a place where identity is essential to being not performed as a requirement. The message is bittersweet; the escape to freedom in a new skin is a relative exile from society; a clear rebuke to a society which forces such drastic methods upon the genders to avoid cultural ideation. Bibliography: Carter, Angela, (1996). The Tigerââ¬â¢s Bride. In Carter, Angela, Burning your boats : the collected short stories, (pp.183 ââ¬â 201). London: Vintage.
Sunday, September 1, 2019
Matthew Arnold Comments on Philistinism in England and America
In his essay, ââ¬Å"Philistinism in England and America,â⬠Matthew Arnold examines the ancient ideas of Plato in the context of a twentieth century, capitalist society. As he agrees with almost all of what Plato had to say, he also admits that he is outdated, and that some of his teachings cannot be applied to us, living in an industrial superpower such as the United States. Still, though, Arnold defends the ancient philosopher. Education as a route to mental and physical righteousness is always a good idea, whether it is in modern America or Ancient Greece. I disagree with this, and it is here that I must contest the writings of Plato, as well as the essay by Arnold, for he is definitely a strong backer of the ancient ideals. In Platoâ⬠s mind, the value of an education is to clear oneâ⬠s mind of impure thought, bring it to a higher lever than at the start, and attain a certain level of righteousness. This may have been a good idea 2300 years ago, but today, I see it as very limiting and impractical. In his time, only the rich aristocrats went to school. Itâ⬠s purpose was not for the students to learn skills or ideas that would help them later in life, but to expand their minds, thus making them into ââ¬Ëbetter people. â⬠There was no need for them to learn any job skills. Back then, if you came from a rich family, you were rich. Working at simple jobs was for the peasants and slaves. Today, life is different. Our society is completely unlike that of the ancient Greeks. We have no caste system limiting the wealth and prominence of any citizen, we have no slavery to handle all the manual labor, our army is proportionately smaller and much less honored, and religion is a part of oneâ⬠s private life, not a dominating public force as it was to the Ancient Greeks. Most people today have a regular, day to day job, whether it be in an office, store, factory, or anywhere else. We have to earn our wealth by working, not inheritance. That is why most people go to school today. I am attending NYU so that I can get a job later in life. I study chemistry and engineering, in the hopes that I can become a chemical engineer. According to Plato, this is wrong, and Iâ⬠m corrupting my mind. At this point in my life, I should be reading history and literature, enhancing my mind, and not worrying about developing a skill. To me, that is an unrealistic goal. As I get older, I want to have a job that pays well, so that I can support a family, and be free to do whatever I want in my spare time. I donâ⬠t want to have to deal with restrictions in my life caused by a lack of money. If I lived and was educated in the way that Plato suggests, my life would probably turn out differently from that, and that is why I dislike his ideas. In the fourth century BC, when Plato was alive and writing, society was different. His writings on education relate to that time, when modern capitalism was over two thousand years away. He had no idea what life would be like today, so it is ridiculous to base oneâ⬠s life on what he said so long ago. Arnold refuses to admit this. He does say that Platoâ⬠s ideas are outdated, but adds that the basis for his thoughts could still be applied today, for the betterment of society and the people that live in it. If thatâ⬠s the way he feels, Iâ⬠m fine with it, but for me, learning a skill that will make me some money when Iâ⬠m older is more important than purifying my mind. Matthew Arnold Comments on Philistinism in England and America In his essay, ââ¬Å"Philistinism in England and America,â⬠Matthew Arnold examines the ancient ideas of Plato in the context of a twentieth century, capitalist society. As he agrees with almost all of what Plato had to say, he also admits that he is outdated, and that some of his teachings cannot be applied to us, living in an industrial superpower such as the United States. Still, though, Arnold defends the ancient philosopher. Education as a route to mental and physical righteousness is always a good idea, whether it is in modern America or Ancient Greece. I disagree with this, and it is here that I must contest the writings of Plato, as well as the essay by Arnold, for he is definitely a strong backer of the ancient ideals. In Platoâ⬠s mind, the value of an education is to clear oneâ⬠s mind of impure thought, bring it to a higher lever than at the start, and attain a certain level of righteousness. This may have been a good idea 2300 years ago, but today, I see it as very limiting and impractical. In his time, only the rich aristocrats went to school. Itâ⬠s purpose was not for the students to learn skills or ideas that would help them later in life, but to expand their minds, thus making them into ââ¬Ëbetter people. â⬠There was no need for them to learn any job skills. Back then, if you came from a rich family, you were rich. Working at simple jobs was for the peasants and slaves. Today, life is different. Our society is completely unlike that of the ancient Greeks. We have no caste system limiting the wealth and prominence of any citizen, we have no slavery to handle all the manual labor, our army is proportionately smaller and much less honored, and religion is a part of oneâ⬠s private life, not a dominating public force as it was to the Ancient Greeks. Most people today have a regular, day to day job, whether it be in an office, store, factory, or anywhere else. We have to earn our wealth by working, not inheritance. That is why most people go to school today. I am attending NYU so that I can get a job later in life. I study chemistry and engineering, in the hopes that I can become a chemical engineer. According to Plato, this is wrong, and Iâ⬠m corrupting my mind. At this point in my life, I should be reading history and literature, enhancing my mind, and not worrying about developing a skill. To me, that is an unrealistic goal. As I get older, I want to have a job that pays well, so that I can support a family, and be free to do whatever I want in my spare time. I donâ⬠t want to have to deal with restrictions in my life caused by a lack of money. If I lived and was educated in the way that Plato suggests, my life would probably turn out differently from that, and that is why I dislike his ideas. In the fourth century BC, when Plato was alive and writing, society was different. His writings on education relate to that time, when modern capitalism was over two thousand years away. He had no idea what life would be like today, so it is ridiculous to base oneâ⬠s life on what he said so long ago. Arnold refuses to admit this. He does say that Platoâ⬠s ideas are outdated, but adds that the basis for his thoughts could still be applied today, for the betterment of society and the people that live in it. If thatâ⬠s the way he feels, Iâ⬠m fine with it, but for me, learning a skill that will make me some money when Iâ⬠m older is more important than purifying my mind.
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