Friday, May 22, 2020

Carter Godwin Woodson s Life - 1808 Words

Carter Godwin Woodson was born on December 19, 1875, in New Canton, Virginia. In 1892, he became a coal miner in Fayette County, Virginia. While he was a miner, he decided that he would rather go to school than do hard, back breaking work. He soon decided that would continue his education. At age 20, he entered high school and graduated in a matter of only two years. In 1900, he was elected to be principal of Douglass High School. After being principal of Douglass High School, he still wanted to continue his education so he soon set off and went to college. Carter loved going to school but he went to college part time because he was too busy to attend the university full time. Apart from being a student, he was also a historian, a publisher, and an author. Carter flew easily through college, and very soon after he got his bachelor s degree in literature from Berea College. Carter didn t quite get his fill so he decided to study at a different university, the University of Chicago. He soon earned his Master s degree from the University of Chicago. He later earns a doctorate degree from Harvard University. Woodson used his talent of being inspirational and a good teacher to teach youth. Woodson, the son of former slaves, was an amazing man in his own right. Since his family was too poor to send him to school as a child, he taught himself the basics of a school education. Woodson was the second black man in history to earn a doctorate degreeShow MoreRelatedWas King a Pan-Africanist? Martin Luther King and the African Liberation Movements3962 Words   |  16 Pagesof Pan-Africanism. King grew up in an environment that was infertile for the cultivation of a positive attitude towards Africa. The African-American education system at the time seldom included topics dealing with Africa and its peoples. As Carter Woodson made clear in his 1933 book, The Mis-education of the Negro, â€Å"the African was excluded altogether† from the educational curriculum. â€Å"No thought was given to Africa except so far as it had been a field of exploitation for the Caucasian.† Media

Thursday, May 7, 2020

Corporate And Business Strategy Analysis - 728 Words

The Corporate and Business Strategy Before we can talk about the Strategy Hudson Bay uses we must first answer the the question of what a Corporate and Business Strategy is and how The Bay inaugurates this into their company; A Corporate Strategy in its simplest form is the the drive of the company as this has the goal/goals a company is trying to achieve and at what level it wishes to compete. Keeping this in mind we can now talk about the Hudson Bays corporate strategy. The Hudson Bay’s mission statement is ‘a vision for growth and is committed to bringing Canadians the products and services they want’. The Hudson Bay is the oldest commercial company in North America, and as such expects to be at the forefront competing at the highest level in its industry, In addition they have a goal to make $1.5 billion in incremental sales and revenue. Now that we have identified the corporate strategy of Hudson bay we must identify how they plan to achieve these goals this is known as the business strategy. A business strategy is how a company intends to accomplish the corporate level strategy it does this by highlighting key objectives and appointing these objective to different divisions in the company, now that we understand what a business strategy is we can examine how Hudson bay inaugurates this into their business strategy. They prioritize accommodating the demands of Canadians and providing quality service to their customers. In addition, they put great importance onShow MoreRelatedMarketing Of Marketing With A Broader Vision802 Words   |  4 PagesAssignment 1: Analysis of paper titled ‘Marketing’s contribution to strategy’ Sushanth Kothapally Introduction The paper discusses the role of Marketing with a broader vision. The paper encompasses the correlation of Marketing with Corporate strategy and Competitive strategy. The paper calls for us to think of role of Marketing beyond its role independent of other business strategy. A concern for attention paid by non-academics outside of marketing towards marketing literature is also brought upRead MoreCorporate Level Strategy1199 Words   |  5 PagesAPPLE COMPUTER INC.: - CORPORATE-LEVEL STRATEGY REVIEW - A review on the strategy adopted by Apple Inc. at corporate level to ensure that the company remains at the forefront of the electronic media industry either in terms of innovation and range of products . EXECUTIVE SUMMARY An analysis was done on Corporate-Level Strategies adopted by Apple Computer Inc. (â€Å"Apple Computer†) that has brought tremendous success to the firm since it started. Apple Computer started off in 1976 by Steve JobsRead MoreBusiness Strategy-Kfc Company Overview 11080 Words   |  5 Pagesback to 1930. The company adopted the abbreviated form of its name in 1991.[3]  Starting in April 2007, the company began using its original name, Kentucky Fried Chicken, for its signage, packaging and advertisements in the U.S. as part of a new corporate re-branding program;[4][5]  newer and remodeled restaurants will have the new logo and name while older stores will continue to use the 1980s signage. Additionally, Yum! continues to use the abbreviated name freely in its advertising. KFC’s Responsibility Read MoreStrategy Analysis : Blue Ocean Strategy Essay1698 Words   |  7 Pagesprojections or analysis accompanied by the investigation by managers, are followed by the board proposal reviews, and, if necessary, then presented to investors and the financial community. Financial analyses are widely used to assess investment projects and proposals, but less commonly to evaluate strategy. Strategy, both at business unit level, and the overall strategies for the organization includes strategic leadership, functional level strategy, global strategy, and corporate level strategy need continuingRead MoreStrategic Analysis and Strategic Management900 Words   |  4 Pages Explain why strategic analysis is necessary in the process of developing an appropriate strategy. Identify tools that are available to examine the external environment and discuss how and why they are used. Introduction Strategy is a high level plan in which to achieve one or more goals under conditions of uncertainty. It is very important because resources available to achieve these goals are usually limited. Strategy is often the difference between mediocrityRead MoreMgc1 Study Guide 21064 Words   |  5 PagesSummarize the basic steps in any planning process. The planning process begins with a situation analysis of the external and internal forces affecting the organization.  Ã‚  This examination helps identify and diagnose issues and problems and may bring to the surface alternative goals and plans for the firm.  Ã‚  Next, the advantages and disadvantages of these goals and plans should be evaluated against one another.  Ã‚  Once a set of goals and a plan have been selected, implementation involves communicatingRead MorePrinciples of Management POLC Model1222 Words   |  5 PagesStrategizing ï  ¶ See how strategy fits in the P-O-L-C framework ï  ¶ Better understand where strategy comes from ï  ¶ Understand the concept of strategic focus ï  ¶ Conduct internal analysis to develop strategy ï  ¶ Conduct external analysis to develop strategy ï  ¶ Formulating organizational and personal strategy with the strategy diamond  © 2010 Jupiterimages Corporation Understand How Strategy Fits in the P-O-L-C Framework Where Strategy Fits in â€Å"Planning† The strategy is how the firm aims Read MoreThe Concept of Strategy and Strategic Management1718 Words   |  7 PagesTHE CONCEPT OF STRATEGY AND STRATEGIC MANAGEMENT G. Tyge Payne, PhD 1 Strategic Management Strategy: The unifying theme that gives coherence and direction to the decisions of an organization Strategic Management: Consisting of the analysis, decisions, and actions an organization undertakes in order to create and sustain competitive advantages. Or, the Strategic Management Process is: The full set of commitments, decisions, and actions required for a firm to create value and earn aboveaverageRead MoreStrategy without action is only a daydream, but action without strategy is a nightmare Discuss the benefits of formal corporate planning in directing organisational action1588 Words   |  7 PagesIS STRATEGIC CORPORATE PLANNING RELEVANT IN THE 21ST CENTURY? This essay will discuss the benefits of corporate strategic planning. Firstly, we will look at what strategy is, and why strategic planning is important to an organisation. Secondly, what types of strategic models are used for planning, and finally given that organisations are increasingly complex and market dynamics are constantly changing is there a need for strategic corporate planning in the 21st century. It is hard to get a properRead MoreEssay about Business-Level and Corporate-Level Strategy1104 Words   |  5 PagesIntroduction Knowing your business-level and corporate-level strategy can maximize the life of your organization. The business-level strategy focus on creating a value offering that is appealing to consumers while also being cost-effective. The business-level strategies determine who they will serve, what product or service will meet the needs of their targeted customers, and how they will keep their customers satisfied (Harvard, 2012). Corporate-level strategies help drive an organization and

Wednesday, May 6, 2020

The Relationship between Prestige Pricing and Advertising Choices Free Essays

Prestige pricing is a pricing strategy through which brand image of a product is enhanced by the price fixed for it. This pricing strategy is also termed as psychological strategy as the consumers feel that since the price of a product is higher than its other competitive products in the market, it might be superior in quality. They don’t even try to find out whether there is any difference in the ingredients or construction of the higher and lower priced product or not. We will write a custom essay sample on The Relationship between Prestige Pricing and Advertising Choices or any similar topic only for you Order Now Due to this pricing strategy, the top brands enjoy higher share in the market even when their products are priced 30%to 40%higher than a similar product with no brand value. Cosmetics, drugs, apparels etc. enjoy more market share if they have big brand image. Prestige pricing can also be termed as a non-pricing strategy because there is no need for the advertising to mention price at all. Instead, in the advertising of these products more focus is paid on service and quality. The lesser a customer knows about the quality of a product the better are chances of him to get lured by the advertising of the product. If the product has a good brand value, the customer is fully confident about its quality and don’t even look at its advertising from a point of view of getting assured of its quality. Advertising choices for prestige priced products are immense because the producer has enough money to splurge upon advertisements. Hence he can afford the best advertising options. If he is advertising in print medium he chooses the best life style magazines because its glossy pages speak volumes about the product even without any product information. He has the option of paying the high profile celebrities to endorse the brand. Just the image of the celebrity along with the product is enough to grab the attention of the consumers. If the producer does not apply the prestige pricing strategy, his advertising choices get limited. The more the price, the better are the advertising options. Karlof and Lovingsson (2005, p. 286) have rightly observed the following effects of the interrelation between prestige pricing and advertising choices: â€Å" competition is low demand exceeds supply a company enjoys the position of virtual monopoly† In the words of Griffiths and Wall (2004, p.163) â€Å"If manufacturers can create an association in consumers’ mind that premium prices mean higher quality and exclusiveness, then they can engage in prestige pricing.† This can be done none other than advertising. Advertising choices and prestige pricing are interrelated. So the practice of psychologically influencing the consumers’ choices is evident from the sophisticated advertising campaigns of all the high priced products in the market. The money spent on producing a product is cost while the price is the money the consumer spends to buy that product. In the prestige pricing strategy the price is not related to the value of the product but the consumers are made to feel that way. This is not possible without the range of advertising choices available in this kind of strategy. So it can be concluded that prestige pricing and advertising choices go hand in glove. Word count: 535 References Arens, W.F. and Bovee, C.L. (5 Ed.). (1994). Contemporary Advertising. USA: IRWIN Griffiths, A. and Ison, S. (2002). Business Economics. UK: Heinemann. Griffiths, A. and Wall, S. (Ed.). (10 Ed.). (2004). Applied Economics. England: Pearson Education Limited. Karlof, B. and Lovingsson, F. (2005)The A-Z of Management Concepts And Models. London: Thorogood Publishing.                         How to cite The Relationship between Prestige Pricing and Advertising Choices, Essay examples