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Reflective journal - Research Paper Example Therefore, managers must be conscience of the ever-changing environmental dynamics for making appropriate decisions, strategies, and policies. Toys â€œRâ€ Us-Australia has incorporated an adhocracy/creates culture where innovation and creativity is greatly encouraged as between the employees and the management with a long-term view of growth, product uniqueness, and maintaining market leadership. Removal of a key dimension such as empowerment will: Virginâ€™s founder and CEO, Richard Branson is well known for his strong work culture and strong business ethics. Virgin Atlantic has grown to become one of the largest airlines in Britain.(Martindale, 2007)His strong work ethic has seen the Virgin group grow rapidly since the terrorism scare in 2002. In line with this growth was the firmâ€™s deviation from the norm by filling vacancies internally. This reward mechanism was highly motivational and saw capacity building amongst its employees build strongly in line with the firmâ€™s overall growth and profit strategies. From such a young, inexperienced team, the management has grown from strength to strength and building a strong organizational culture based on performance setting, strong ethics, and dedication to close relations between various aspects of its business. A strong â€œcreateâ€ culture is key for Toys â€œRâ€ Us in light of the type of business it operates. The business primarily relies on high innovation and creativity to differentiate its products in the market as well as penetrating the market in line with the parent firmâ€™s overall objectives of market dominance. Toys â€œRâ€ Us has also diversified its business from traditional toy making to capture the broader market of expectant mothers under the line Babies â€œRâ€ Us. The consolidation of this market requires extensive new product development to meet its profit
HSBC Plc - Essay Example
rce capability, HSBC provides a comprehensive range of financial services: personal, commercial, corporate, investment and private banking; trade services; cash management; treasury and capital markets services; insurance; consumer and business finance; pension and investment and management; trustee services; and securities and custody services.
financial services in 83 countries and territories. It provides its customers with a wide range of banking and other financial services, selected to complement its strategy in each market. Where HSBC enjoys large scale â€“ or, in the case of emerging markets, where scale can be built â€“ it offer a full range of personal financial products. In other markets, it participates more selectively, meeting the needs of customers with strong international connections. Sometimes it innovates and at other times, it relaunches some products as per the need of the market. HSBC has adopted a unified brand, using HSBC and its hexagon symbol nearly everywhere it operates, with the aim of enhancing recognition of the Group and its values by customers, shareholders and staff throughout the world. The branding initiative allowed HSBC to develop new services and products on a worldwide scale, all bearing the Groupâ€™s identity. Since 2002, the HSBC identity has carried the strap line â€˜the worldâ€™s local bankâ€™ emphasising the Groupâ€™s experience and understanding of a great variety of markets and cultures. HSBC follows the Product Invention Strategy(Kotler,422) . This means that either it develops new products or reintroduces earlier product forms and promotion does not change. It could be diagramatically represented as follows:
Managing for Growth Strategy: This strategy provides HSBC with a blueprint for organic growth and development. This strategy was launched in 2003 and would continue up to 2008. The plan aims at guiding the Group to achieve managementâ€™s vision to be the worldâ€™s leading financial services company. The company
Chaucer looks at male and female perspectives on marriage and shows the entire institution to be a farce, stereotyped by wealthy, flaccid old men and young, beautiful, deceitful wives. January, the old man in the merchant's tale, says â€œwedlock is so easy and so clineâ€ (1264), which is sarcastic as the merchant has already spoken out against marriage, and women in particular. Yet January's motivations to get married are hardly pure, but more practical and shallow.For â€œsixty year a waffles man was heel and followed ay his bodily delete/ on womenâ€ (1248-50); after sixty years of fooling around with numerous women, he is ready to have a wife â€œon which he mighty engender hymn an heirâ€ (1272). Rather than choosing a wife who is wise and loving and would care for him in his old age and sickness, he makes his decision as if he were choosing livestock, saying â€œl wool noon Old â€˜. Nary Hanâ€¦ / she shall Nat passe twenty yearâ€¦ /and bet than old beef is the tender feelâ€ (1416-20).What is ironic is that January sees this way of approaching marriage as pure because it was so normal and standard. The purity of marriage would come if it were based on love and mutual respect, but instead for most men it is about having an heir and a beautiful wife. January can't see that he's leaving himself vulnerable to a young wife that will be deceitful and seek pleasure from younger more attractive men, instead thinking he can â€œa young thing may men gee,/ right as men may warm hex with handed Pyleâ€ (1429-30).In the wife's tale, she shows that old men cannot actually mold their young wives into good, loving creatures. Although the wife of Bath â€œsits [she] twelve year was of ageâ€¦ â€˜ housebound at creche door [she has] had fiveâ€ (4-6), she is no innocent. She manipulates and terrorizes her old husbands with her sexuality to gain money and control, until they are her â€œ[detours] andâ€¦ [thralls]â€ (155). She ends up molding her old husbands to her will.For her a husband is a source of income, and she always sakes sure she has one lined up on the sidelines. She had her fifth husband ready to marry her by the time her â€œfourth housebound was on beerâ€ (587), and she â€œwept but small' (592), being already â€œpurveyed of a makeâ€ (591). Even though the fifth husband that she takes is younger than her and she is now in the old man's position, she is still able to control her young husband to a certain degree, although it is much harder.It seems like an innate ability that women have to control their cabanas because its more than a survival method, but a way to find pleasure despite being in a technically submissive role. But a true marriage shouldn't be about control. This is what makes marriage such a Joke to Chaucer, and he is very cynical towards it. The tradition and sanctity of marriage means nothing because it is based on a foundation of lying and shallowness. Men and women conform to their stereotypes because of how society has shaped them and made marriage such a necessity.
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