Thursday, January 30, 2020

Social Psychology Essay Example for Free

Social Psychology Essay In social psychology there are many researchers who investigated and challenged different theories within including well respected psychologists including; Sheriff(1935); Jenness(1932); Asch(1951); Crutchfield(1955) and Mann(1969). The aim of the study was; guessing how many sweeties were in the jar in a competition fashion and testing if the participants conformed to their guesses. The hypothesis was people would conform under group pressures of the pre-set guesses. The null hypothesis was that people would not conform under group pressures unless due to extraneous variables. The experiment was a field experiment using the techniques of independent groups design. The experiment was dressed as a competition based on the following three conditions; high pre-set; control pre-set and low pre-set guesses. The group used random selection in three math classes with the senior pupils of three different levels (higher, intermediate one and intermediate two). The IV (independent variable) that was used was the pre-set guesses and the DV (dependent variable) was the level of conformity performed by the participants. The conclusion of the results showed that 31. 5% of the high pre-set guesses conformed (in the reign of 40+), 23. 33% of the low pre-set guesses conformed (in the reign of -30) and 43. 48% of the control pre-set guesses conformed (within the reign of 25-45). The breakdown of the analysis for instance the mean of all conditions and overall, the range of all conditions and control(appendix 13). After the group completed the experiment thought was put into how testing conformity could be continued. The ideas from the experiment could lead to testing the intelligence levels of people who conform and test is this level of intelligence has an effect on the level of conformity. Introduction Social psychology is an area in which investigations are made into the effects of behavioural differences of individuals and how they reflect on future behaviours patterns. Within social psychology there are different sub topics including the chosen topic of conformity. Social psychology studies the effect specific surroundings have on an individual. Conformity is when a person acts or reacts in an expected way or to yield to group pressures. This varies from peer pressure to pressures that the person is not actually aware of. People conform for two reasons; Normative social influence; the feeling of having to fit in; informational social influence; the feeling of always having to be correct. Jenness(1932), Asch(1951), Crutchfield(1955) and Mann(1969) all studied conformity in different ways. Sheriff(1935) also used the auto kinetic theory to test conforming in specific situations, the auto kinetic effect is a visual illusion which tests observation skills in light movement. The participants were asked individually their answers and were apportioned to a similar answer group. This is to test if the person will conform and the three will decide on an answer which is very similar. The conclusion from this is that in a situation which the participants had no confidence which the correct answer is they looked for a sense of guidance from the group to feel included. Due to the ambiguous nature of Sheriff’s research, Asch(1951) used a laboratory experiment with a group of participants. One ‘naive’ member of the group was removed and the remaining participants were shown a picture of three lines of different sizes. The group was instructed to give a specific answer (incorrect) when the second question was asked to the ‘naive’ participant. When the ‘naive’ participant returned they were shown the three lines, and a single line, they were then asked to give their answer. This was a test to confirm whether the individual would go against the wrong answer of the group under pressure. The hypothesis was that the person who was removed would feel pressure to go against their instinct and go with the majority answer. Crutchfield(1955) also used a conformity based theory of ‘the question booth pressure’ which investigated how the person conformed even though it was anonymous. 100 males were used in the study all average age of 34, their profession orientating around good obedience or leadership skills. This experiment was conducted ballot style; male participants joined into five groups in individual booths and were told to remain silent. Answers from the men showed similar wrong answers and questionability over their leadership skills in a group situation. Mann(1969) also used other valid research to vary the terms used in describing aspects of conformity including; normative conformity and compliance which includes the fear of being rejected in a group situation. Informational conformity; level of ignorance, not knowing so turning for some kind of support and receiving it by copying the group (agreement with Sheriff). Internalisation; when the person publically conforms but personally disagrees (in agreement with the auto kinetic effect). Ingratiation; is a need for some kind of reward for conforming Finally the last term used is non-conformity which is the term used for not yielding to group pressures for reasons which include; individuality and trusting their own judgement, or just going against the group’s decision to rebel. Jenness(1932) conducted an experiment with a jar of beans, participants had to correctly guess the number of beans the jar contained. Pre-recorded guesses (the IV) were written prematurely to test conformity, a base line of whether other guesses were influenced by this issue. This unknown pressure was effective as the finding came that the guesses did in fact have an effect on the other participants. This theory was seen as very useful, as the group used this same idea in their experiment. The groups aim was to test conformity when guessing how many sweeties were in the jar in a competitive fashion. For this experiment at study, the experimental hypothesis was; people will conform under group pressures of the pre-set guesses in order to feel included and correct. The null hypothesis was; people will not conform under group pressures of the pre-set guesses in order to feel included or correct unless due to extraneous variables; conforming in result of bullying, personal problems with the individual and intentional corruption of the experiment . The independent variables (IV) were the pre-set guesses made on the sheets before given to the participants. The dependant variables (DV) was the answers which should be averaged around the pre-set guesses. Method Design The experimental method used was a field design involving independent measures. This design was selected as it was felt that if a field situation was used it would help the problem of ecological validity and loosen experimental tensions. This experiment was conducted in three mathematics classrooms. One of these classrooms were of three levels; intermediate 1, intermediate 2 and higher. When the group entered the class, there were three sheets; one high pre-set, one low pre-set and one control pre-set sheet. These sheets were given to the three rows in the class (the layout of all math classes). The control technique that was used was that each sheet was strictly kept between each of the assigned rows. The independent variable was the pre-set guesses, with the conditions of the IV being high, low and control pre-set guesses. The dependent variable is the participant’s guesses. The selected group member stated the standardised instructions; which was clearly said to all classes; as soon as we entered the class. Also the mood/ general emotions of the class were noted. Experimental methods used include; the brief verbal request; which asked if the chosen pupils wanted to participate. The standardised instructions; stated consistently by one group member. The standardised instructions(appendix 13) stated that it was a competition, there was a prize, it was free of charge and anyone who did not want to take part did not have to. A list was made to make sure all group members were fully aware of their roles including sheets they were responsible for. The response sheets with the pre-set guesses were collected and put on a table (appendix 12) to be analysed.

Wednesday, January 22, 2020

The Mississippi Burning :: Civil Rights Racism Equality Essays

The Mississippi Burning Mississippi Burning brings awareness to the ways of the Jim Crow south. In 1964, three civil rights workers made their way to Neshoba County. Two of the workers were white and the third boy was black. The suspicious disappearance of the men brought the attention of the FBI. Some people question whether the FBI only got involved because two of the workers were white. This movie reveals the improper treatment of African Americans at a time when every American citizen was guaranteed equal rights under the law. Many African Americans felt that there was little concern for the African American civil rights worker. The FBI was determined to find out what actually happened to these boys. The local authorities said that the men were probably in New York or Canada laughing at all of the commotion they had caused. The racism that African Americans dealt with is very clear throughout the entire movie. The town did not feel that it was necessary for the FBI to be investigating the mysterious disappearance. They assured the FBI that there was nothing to uncover and only wanted them to stop disturbing their â€Å"peaceful† town. The Brown vs. Board of education decision is not evident in Mississippi Burning. African Americans sat in the back of the restaurant, separated from whites. The community was not integrated. There was a specific part of town where the African Americans lived. African Americans and whites did not interact very much. The KKK played a major part in controlling these â€Å"niggers.† When one of the FBI agents talked to a local black boy in public, the boy was brutally assaulted by KKK members. The way that whites treated African American shows how their struggle for freedom still continued. Some of the local law-enforcement were members of the Klan. They played a role in the murdering of the three boys. When the FBI came to town, hostility in the town grew. Many African Americans wished that the FBI would just leave because they were just causing more problems. African Americans were being beaten, having their houses destroyed, churches burnt down, and some even lynched.

Tuesday, January 14, 2020

Coopers Creek Wine Management Essay

1.0 Introduction Coopers Creek, established in 1982, became one of New Zealand’s more successful medium-sized wineries by following a strategy of resource leveraging via networks of co-operative relationships with other New Zealand winemakers in the domestic and export markets. This strategy allowed Andrew Hendry, the managing director, to consciously manage the growth of the company to retain the benefits of small size. However, with increasing globalisation of the wine industry, the changing nature of export markets, the early maturity of the New Zealand industry and the constrained supply facing New Zealand wine makers, Andrew Hendry was faced with the decision of how to position a smaller company for the future. He had to decide whether the network-based strategies that served the company so well continued to be appropriate under conditions of industry concentration, increasing competition and emerging globalisation. (Robbins S, 2006) 1.1 The NZ wine industry When Andrew Hendry established Coopers Creek, the New Zealand environment was highly regulated. By 1984, the New Zealand government had initiated a programme of deregulation, which included devaluation of the New Zealand currency, exchange rate flotation and general anti-inflationary measures. (Porter M, 2001) The opening of New Zealand’s domestic market meant that businesses had to improve their efficiency substantially over a short period. The agricultural sector sought out new markets, to replace the loss of their traditional dependence on the UK market with its increasing commitment to its European trading partners, and new products, reflecting a growing awareness that much of New Zealand’s exports were of a commodity nature. This period saw growing exports to Australia, the United States, Japan and the rest of Asia and exports of predominantly sheep meat and dairy produce being accompanied by more fresh fruit, venison and wine. A further response to fiercer competi tion at home and in overseas markets was an increasingly strong focus on quality, a case in point being the New Zealand wine industry. The New Zealand wine industry accepted the consequences of the liberalisation  of the domestic economy and recognised the need to understand how on-going changes in the international economic environment affected its prosperity and how to plan accordingly. Building from a low international base in the 1980s ($4.5 million in exports in 1987), New Zealand wine exports achieved phenomenal growth and accounted for $168 million in 2007, comfortably exceeding the $100 million by 2007 target set in 1999. The UK market was the most important export market for the industry in 2007, and at $84 million it accounted for around 50.22 per cent of total exports by value and 54.28 per cent by volume. Europe accounted for 66 per cent of exports with 85 per cent of that going to the UK. Four large firms, namely Corbans, Montana, Nobilo and Villa Maria, dominated the wine industry in New Zealand in 1999. The following year, Montana purchased Corbans and Nobilo was bought by BRL/Hardy of Australia. Between them, these large firms accounted for around 80 per cent of all exports in 2007, with another 17 medium-sized companies, of which Coopers Creek was one, handling 16 per cent in combination. For the most part, industry participants exported between 30 and 35 per cent of their production, but a few producers had much higher export intensity. (Wheelen, 2006) 2.0 Key Issues The key issues are: (Study Guide, 2008) (1)Despite entering early maturity, coopers creek remained constrained by issues of supply. (2)The cost of new land for grape planting was rising and more previously marginal land became economic to grow on, the problem was still one of access to capital for these resources. (3)A possible over supply of grapes in New Zealand, which could lead to heavy discounting. (4) A contraction in ownership within distribution companies in New Zealand and in USA, which could lead to certain markets being effectively closed to coopers creek. (5)Protection of strategically important grape supplies so the can insure they still get a proportion of the very highest quality grapes. 3.0 Planning 3.1 Life Cycle From a demand perspective, the worldwide wine consumption has stagnated. According to the Wine Institute, there is only a 2.04% growth in wine consumption from 1997 to 2001. In fact, worldwide consumption dropped from 227,875 hectoliters to 226,646 between 1999 and 2000. Generally there is a drop in consumption from the traditional wine drinking countries like France and East European countries, whilst demand has growth significantly from China. (Grant R, 2005) The production of wine has shifted from the traditional vineyards in France to the rest of the world. There are New-World Wines from Australia, New Zealand and South Africa. These wines are generally thought to be of moderate to high quality and are essentially challenging the traditional wine producers on the quality front. Furthermore, there are wines coming out from China and India. Because of the lower wages in these countries, wines can now be produced at a fraction of the costs of the French vineyards. Price has now become a big challenge that the traditional wineries have to face. Some author’s even suggest that the Old-World producing countries like France has followed growth & decline and now has entered a second life phase. While the New-world countries are in an emerging or growth phase As the industry moves towards maturity phase of its life cycle, the pace of consolidation will increase. (Times of India,2007) 3.2 PESTEL Analysis The following is a review of the major environmental factors, which will impact the industry to a large extent. A closer examination of the more important factors amongst them will allow for a tighter integration between the external environmental factors and the corporate strategy chosen for Coopers. Political factors Government regulation has always played a major role in the WI. There are increasing concerns that there will be new barriers and trade impediments to trade in the WI. One such example is the trade disagreement between US and European Union in the level of farm subsidies that the US alleged that the EU farmers receive. The same allegations may also be similarly levied on the European vineyards. In the Wine Institute report on International Trade Barriers to U.S. Wine 2006, European wine producers were noted to have received certain subsidies . Tariffs also have been the most important barrier to the international wine trade. Some governments impose unusually high tariffs on wine imports. Recent announcement in the media like India opening its market and slashing duties on imported wine and spirits bring good news to the industry, as this will allow them to enter this lucrative untapped market. Though due to WTO pressure the tariff has been reducing, which has lead to major wine producing countries imposing various non-tariff trade barriers. One such non-tariff trade barriers are research fundings made available by local governments to improve the overall harvest yields and quality of the country’s grapes . Economical factors The rising number of middle class worldwide has led to an increasing appreciation of wine and demand for wine. In developing economies of China and India, this class of consumer is expected to increase significantly over the next decade. With the continued increase of economic growth rates for both countries, these consumers can now afford to consume wine is expected to grow significantly as well . The effect of currency fluctuations on the WI will continue to play an integral part in influencing the WI. The proportion of wine being exported outside the wine producing country has increased. Even in a traditionally large wine consuming market, the proportion of wine, which ends up in foreign land, has been increasing. The continuing trend of exporting to new markets such as India and China is going to increase as wine producers cope with the declining wine demand in traditional home markets As a result, the wine producers’ exposure to fluctuations in currency exchange rates wil l increase further. Socio-cultural factors The increased spending power, sophistication of the middle class in many countries with increased tendency of copying the west has helped to increase the demand for wine consumption. This growing group of earners from various countries is often well traveled & highly educated consumers with needs and wants for the better things in life. The number of middle class across Asia is expected to grow by 1 billion in the next 8 years . With the shift in demographics in the developing countries, there will be more wine drinkers in the future. Increasingly, there are also more scientific evidences that there are health benefits to be derived from moderate drinking of wine especially red wine. As a result, there is an increasing acceptance of the beverage as â€Å"health-product† leading to a healthy heart. Technological factors Innovation and technological factors continue to drive improvement in production yields and better storage of wine. The Australian WI today has transformed itself from a small cottage industry to one of the largest exporter of wines internationally, even to the extent of eclipsing some of the older Old-World countries. The great leap forward for Australia can be attributed to the Australian wine producers clustering to innovate and improve existing processes. (Read C, 2006) The growth of e-commerce infrastructure and the increasing acceptance of buying things online have led to new opportunities for wine connoisseurs and wine producers alike. With this new technology, niche wine growers are able to reach out to the individual wine consumers without being drowned out by the marketing noise generated by the large wine producers. The ability to ship small quantities directly to individual wine drinkers without passing through layers of middlemen may mean that small niche growers may be able to find their position in a market dominated by large brand names . Environmental factors Within the Food and Beverage (F&B) industry, the WI is markedly different from the other products due to the fact that F&B products are limited by market, while the WI is limited by resource (land and grapes). Reason being wine is grown in moderate climates and on certain types of soil. Sudden climatic changes may adversely affect production yields or may even destroy crops all together. The significant changes expected in the environment from global warming, rising sea levels, rising carbon emissions and increasing acidity in the waters will all add to contribute to the adverse conditions for which growers will find themselves in. These conditions together with a scarcity of good arable land may act to constrain or even reduce the industry’s supply. On the positive side, in one of the rare articles published in Newsweek on the positive effects of global warming, the author highlights that fast melting of Artic glaciers and increase in global temperatures may lead to opening o f new vineyards in many parts of the world with weather conditions similar to the France’s Champagne region. Legal factors External environmental legal factors have acted in line with other environmental factors changes. For example, the advent of the Internet e-commerce has resulted in changes in legislation for wine sales, which crosses state lines in the United States . In addition, the origin of the grapes used to make wines also became a contentious issue for many wine-producing countries. The origin of these grapes and the proportion of local grapes used became an issue for branding and labeling of wines; as governed by new local legislation controlling wine labeling. 4.0 Organising 4.1 Porter’s 5 forces analysis We have analyzed Coopers internal environmental factors using Porter’s Five Forces analysis. Being in a specialized industry, it is not easy for another player to just come in wanting a portion of the pie. The WI requires specialized skill sets, special knowledge and extensive experience to stay competitive. It also needs very high investment especially for equipments used for processing of wine. This indirectly induces high entry cost which  is work as a barrier of for new entrants. There is also the expected retaliation faced by new entrants from existing players. Coopers together with other existing players may collaborate to deter competitors from coming in. For example, Coopers may start dropping its price and the other existing players may follow suit leading to a price war. On the whole, the force of threat of entry is low here. 4.2 Threat of Substitutes This industry faces stiff competition from not only other wineries but also from other alcoholic drinks such as beer, spirit and pre-blended mixed drinks and carbonated drinks. Product-for-product substitution is also possible should customers of Coopers decide to try out other brands/types of wine. For the health conscious, bottled water, energy drinks and natural fruit juices also provide competition. Possibility of generic substitution is also there where as customers may prefer to spend on purchasing cigarettes rather than drinking wine. Thus, there is a high force of threat of substitutes in this industry. 4.3 Threat of entry Competitive rivalry among existing firms is evident in this industry. Larger companies are acquiring smaller wine producers to monopolize the market resulting in dynamic competition amongst these companies. As the WI is at its mature stage, companies start to take market share from competitors to survive. As there are too many wine producers, adding on to the high power of buyers, companies may decide to go for price wars due to high fixed costs to gain market share. This industry has high entry and exit barriers due to the extensive capital investment and knowledge & skill set needed. In addition one must have sustainable resource, as it takes several years for wine to mature. This means that industry players do not have many choices. Again this induces competition amongst them and price wars and low margins situations are likely to happen. Based on the information above, the groups came to the conclusion that the industry is â€Å"Medium Attractive†. 5.0 Directing 5.1 Porter’s Generic Competitive Strategies Using Porter generic competitive strategies, we find that Coopers has the ability to outperform its competitors by adopting a strategy of â€Å"Focus Differentiation†. Porter proposed that a firm’s competitive advantage in an industry is determined by its competitive scope – i.e., the breadth of company’s target market coupled with company’s unique resource (product range, distribution channels, target market etc.), For Coopers the scope of the target market is narrow. It is mainly targeting niche markets for premium wines in the wine drinking markets of Europe, US, Australia, Japan and a few emerging Far Eastern Asian markets. When targeting niche markets, the company either can go for â€Å"Cost Focus† or â€Å"Differentiation Focus†. Coopers should not be following the Cost focus strategy as NZWI compete in the high quality premium category wines. Reduction of overall cost is achievable only to a certain extent, as this industry is highly capital intensive with many inherent costs along the supply chain. Instead Coopers should concentrate either on particular market segment, or product line segment or geographic market with high growth potential or all three. By following a differentiation strategy Coopers would be able to better focus its resources & capabilities to the serve the special needs of a narrow strategic target more effectively than its competitors. 5.2 Bowman’s strategic clock Using â€Å"Bowman’s competitive strategy clock† too, Coopers falls under category 5, â€Å"Focused Differentiation†. This strategy is similar to the Porter’s generic model, which tries to provide high-perceived product benefits justifying a substantial price premium usually to a selected niche market segment. Coopers can use this strategy in new markets, by targeting sales into the same niches in more countries. While in established markets Coopers could even adopt Category 4 â€Å"Differentiation –with price premium † by offering better wine at the same price or by pricing it slightly higher than competitive brands in the same price bracket, to take advantage of the fact that â€Å"fine quality wine will always demand a premium† and at the same  promote it as premium category. (Meredith R, 2007) Cost Leadership may not be sustained for Coopers because of some of the following reason: – Competitors can imitate – differentiation may not be sustainable it can easily replicated by competitors like South African or South American wine producers – Bases of differentiation become less important to buyers – Competing on just quality to demand high price may not be enough. For example in price conscious markets like UK, Holland and Germany, wines from South American and South were seen as better value than NZ wine – Target segment can become structurally unattractive: – Structure erodes – This could happen for Coopers’ target market in US, restaurants and boutique retailers. They may form a group for centrally sourcing activities to drive down costs, somewhat similar to what happened with Tesco Supermarket Chain (UK). (Aylward, 2006) – Demand disappears – there may be new research findings in future that may lead to lower consumption of wine. Or even they may be new legislation banning consumption of alcohol products in public places similar to that of smoking, which may lead to total disappearance of a target segment. From the evaluation of Coopers core competencies, the followings were recognized. – Coopers is a typical entrepreneurial venture in that the founding entrepreneur, Andrew, had driven its development and growth. A critical factor of success of Coopers is Andrew’s ability to build relationships, within the context of an innovative and flexible approach, in order to leverage critical resources to pursue growth. – Coopers strategy was based on having a carefully controlled but finite quantity of wine to sell every year. With Andrew’s commitment to quality, it has earned itself a relatively good reputation in the industry. From the evaluation of the KSF of the WI, the followings were recognized. – Historically, the NZWI had focused on the production of premium wines, given its constrained supply, small scale, high cost structures and distinctive ‘clean and green’ growing conditions. Availability of consistent high quality products that has strong brand value and recognition are highly sought after and considered KSFs. 6.0 Monitoring 6.1 Wineries Both management & employees of wineries play a key role and yield great power in terms of the quantity & type of wine to be produced. Great deal of collaboration exists between the local wineries to share knowledge & costs. 6.2 Grape growers Being key players, they control the quality and quantity of grapes grown. Many of the wineries are backward integrated by owning lands or having long-term contracts with individual producers. Power of suppliers is low. 6.3 Industry Associations Wine Organizations in NZ like Wine Institute, former Wine Guild with backing of the NZ government are very powerful. All Wineries have to take up compulsory memberships and contribute towards funding & running of the organizations. These key roles of these organizations are promoting NZ wine in international markets, lobbying with foreign governments to open new markets, lowering of trade restrictions and tariffs etc. They also initiate research programmes and training for the entire industry, funded by the wineries. (Zalan T, 2005) 6.4 Consumers The final end user, this group needs to be well informed & kept satisfied by providing high quality premium products with consistent quality and availability at affordable prices. Power high. 6.5 NZ Government NZ government is a key player with considerable power who has played a  pivotal role in the development of the NZWI. The government has been implementing new legislations in consultation with NZWI to meet the current market requirements. Some examples would include changes in government policy in the 1980s making it favorable for local manufacturers to export to foreign markets . (Harvard University, 2007) 6.6 Distributors, Retailers, Buyers Buyers like Supermarkets are powerful players who dictate the price & type of wine stocked on shelves. WI is a buyer driven industry, where buyers hold a lot of power. 6.7 Domestic and Foreign investors This group needs the minimal amount of effort. They are satisfied as long as they get a good return on their investments. 7.0 Critical Analysis 7.1 Competitor Analysis The world WI is currently experiencing a situation of over-production. In the EU alone, it was reported by Food & Drink.com that there is a surplus o f 1.5bn litres of wine, enough for every European Union citizen to take roughly four free bottles each. Millions of Euros have been spent to turn these excess wines into industrial alcohol. (All Things, 2006) The WI is a highly fragmented, with over â€Å"a million wine companies† around the globe. None of the firms control more than 1% of the retail sales, with top 10 players controlling 11% of the global market share (based on volume) . These industry competitors come from different wine growing countries and continents. This is especially true for Old-World Countries in Europe (France, Italy, Spain, Portugal and Germany) accounts for 60% of the world wine production and 80% of world trade . In contrast, the New-World Producers (Australia, South Africa, Argentina, Chile, USA, New Zealand) wines are more consolidated. On average these countries appear to be more structurally attractive compared to Old-World Countries. Moreover, in the last decade the industry structure has been undergoing dramatic change. There is a growing trend of consolidation. Cash flow rich alcoholic beverage  companies are investing in the WI as their own markets of beer and spirits are maturing. 7.2 Stakeholder analysis The WI being a competitive industry has a varied, vibrant and balanced group of stakeholders, with frequent and varied channels of communication. All the forces involved try to build consensus within which the primary decisions in the industry are made. 7.3 Life-Cycle Analysis We have identified Coopers to be in the phase of â€Å"Mature† stage in the life-cycle model. In view of its competitive conditions, we also identify there may be many competitors which are likely to resort to price-cutting strategy for volume. Therefore one of Coopers directive is to differentiate its product portfolio through leveraging on its enhance brand equity to promote customer’s retention and loyalty within its existing customer-based and new customer groups whilst consistently driving cost efficiency through economies of scales and innovative & efficient ways of bringing cost down. (Pape E, 2007) 7.4 Positioning analysis Coopers currently enjoy relatively good brand equity amongst its market segment. To infuse the same branding principle across distinctive first label allows them to capitalize on its already successful branding strategy, further maximizing the returns of their marketing investment especially for the second label. 7.5 Value chain analysis Through new ways of doing things such as possible bottling in import markets to reduce shipping costs, backward integration either through ownership or long term leasing with good quality of vineyards across NZ and beyond, could potentially reduce their overall cost per unit yet enabling them to utilize cost advantage strategy to expand the perceived value for the brand. 7.6 Business profile analysis This growth strategy do not require a complete reinvention of wheels, it  capitalizes on the existing goals and values of the group, its resources and capabilities, its structure and management systems and its industry environment to further produce enhanced features and products thus major increase in expenditures is not expected, instead an increase in financial perform is forecasted due to the additional opportunities from new market penetration. (Heijbroeck, 2003) 8.0 Recommendations: 1.The expansion of the cooper’s creek network of export markets and the development of second labels. These second label wines could generally be sold at lower prices thus protecting the price status of the Coopers Creek labels but gaining extra sales volume for the company. In most cases the second labels will sell through different distributors. 2.The above strategy will also help with over reliance on a few key distributors. In the case of the rapidly growing US market, coopers creeks have not appointed one exclusive national importer. Instead they will sell to some 20 independent importer/distributors in different states either by direct shipment from the winery or out of a warehouse in California. This will ensure the company doesn’t become a victim of the rationalisation of a large importers or distributors catalogue of wines carried. (Kogut B, 2006) 3.The steady acquisition of control of the vineyards producing their best grapes. That has taken the form of either complete acquisition by purchase, long term leases or the establishment of joint ventures with the vineyards under cooper creek’s management and tied up under long term supply contracts. In the last two years they have purchased three vineyards, leased one and entered one joint venture with an existing contract grape grower. They are currently looking at two further existing vineyards with a view to purchase or lease. 4.Continue to produce consistently high-quality products. 5. Maintain and increase its brand equity and recognition as a premium wine producer. 6.Establish international supply management to facilitate its global market operations. 7.Maintain or improve its already good relationships with stakeholders. 8. Ensure there is cost efficiency in its operations so as to maximise profit with minimum cost. 9.Last but not least, continue innovating in terms of its product and marketing. †¢Current  turnover is NZ$5.5M †¢Current production is at 1100tonnes per year (approx 85,000 cases) and aiming to be 1800tonnes by 2008 †¢They should purchase more of their own vineyards in the Hawkes Bay region in the last few years which would prove beneficial to them. †¢They should increase production of Pinot Noir which is one of their best vineyards by 400% and this will become a feature varietals alongside Sauvignon Blanc and Chardonnay for the future †¢All wine is made on site at their Auckland vineyard. On site facilities include Cellar door tasting room and retail shop, Plant buildings (tanks) and bottling line, warehouse and barrel store, landscaped gardens with picnic areas and children’s playground. (Johnson, 2005) A cellar/courtyard wine bar will open for lunches and private group bookings late 2003. Plans have been drawn up for a cafà ©/function centre but as yet no time frame as to when maybe initiated, which should be implemented soon. (Nielson A, 2006) 9.0 Conclusion It can be concluded, the NZWI is still considered to be at an early maturity phase of its lifecycle, as evidenced by a small number of takeovers and increasing concentration. As the industry matures, there is a need for NZ wine producers to retain focus on quality, differentiated products, while holding their premium price position. In addition, they need to play to their strengths in white wines and introduce more red wines into their portfolio. (Ghoshal S, 2007) As a company, Coopers needs to realize the trend toward deteriorating industry profitability is a constant threat in mature industries. As rivalry encourages overinvestment in capacity, international competition increases, and as differentiation is undermined by commoditization, attaining a competitive advantage becomes essential to achieving positive economic profits. Cost is the overwhelmingly important key success factor in most mature industries and three cost drivers tend to be especially important: Economies of scale, low-cost inputs and low overheads. Cost efficiency in mature industries is rarely a basis for sustainable  competitive advantage; it is typically a requirement for survival. Deteriorating performance among mature companies typically triggers the adoption of turnaround strategies, of which the company must choose the most suitable one for its profile. Coopers have so far maneuvered its way past the many problems that plague other producers. However, more emphasis might be needed in terms of differentiating itself from the other NZ brands. It would have to build on its brand equity, and continue to leverage on Andrew’s contact network. Most importantly, the establishment of a succession-planning project would also has to be included in future strategic plans so that the company will continue to prosper should Andrew decide to depart or retire. (Robbins S, 2006) ———————————————————————————————————— 10.0 BIBLIOGRAPHY: 1. (Johnson, 2005) Johnson, Scholes & Whittington , † Exploring Corporate Strategy†, Prentice Hall, 2005 2. (Porter M, 2001) Porter Michael E., â€Å"The Competitive Advantages of Nations†, The Macmillan Press Ltd., 2001 3. (Wheelen, 2006) Wheelen, Thomas L. and Hunger, David J., â€Å"Strategic Management and Business Policy†, Prentice Hall, 2006 4. (Grant R, 2005) Grant, Robert M., â€Å"Contemporary Strategy Analysis†, Blackwell Publishing, 2005 5. (Read C, 2006) Read, Charlotte, â€Å"Stakeholder Consensus Marketing. An explanatory national competitivess model for the New Zealand Wine Industry†, September 2, 2006 6. (All Things, 2006) All Things Considered. Washington D.C., Global Warming Endangers California Wine Industry, December 5, 2006 7. (Times of India,2007) â€Å"India plans duty cuts on wine, spirits†, http://timesofindia.indiatimes.com/NEWS/India_Business/India_plans_duty_cuts_on_wine_spirits/articleshow/1897262.cms, April 12 2007 8. (Pape E, 2007) Pape E., â€Å"Bordeaux Meets Beijing; China’s eager oenophiles are reviving the flagging French Wine Industry†, Newsweek, April 16, 2007 9. (Meredith R, 2007) Meredith, R. and Hoppough, S., â€Å"Why Globalization Is Good†, Forbes, New York, April 16, 2007 10. (Aylward, 2006) Aylward, D. K. and Glynn, J., â€Å"SME Innovation within the Australian Wine Industry: A Cluster Analysis†, 2006 11. (Smith J, 2006) Smith, J.M, â€Å"The e-Commerce Pendulum†, Brandweek, September 18, 2006 12. (Pape, 2007) Pape, Eric â€Å"Vineyards on the move† Newsweek, April 2007 13. (Nielson A, 2006) Nielson, A., Harvard Journal of Law and Public Policy, Vol.29, Iss 2, Spring 2006 14. (Asimov E, 2005) Asimov, E., New York Times. (Late Edition (East Coast). New York, N.Y., August 31, 2005 15. (Zalan T, 2005) Zalan, T., â€Å"Global, Local or Semi-Global? The Case of the Wine Industry†, Australian Centre for International Business, Working Paper, No. 6, August 2005 16. (Heijbroeck, 2003) Heijbroeck, Arend M.A., â€Å"Consequences of the globalization in the wine industry†, Report made by Rabobank International, Symposium International, October 8 2003 17. (Ghoshal S, 2007) Ghoshal, S, â€Å"Global strategy: An organizing framework. Strategic†, Management Journal 8, 2007 18. (Kogut B, 2006) Kogut, B., â€Å"Designing global strategies: Comparative and competitive value-added Chains†, Sloan Management Review (Summer), 2006 19. (Porter M, 2004) Porter, M. E.,†Clusters and the new economics of competition†, Harvard Business Review, November-December 2004 20. (Harvard University, 2007) â€Å"How Competitive Forces Shape Strategy†. Harvard Business Review, March-April 2007 22. (Slater S, 2002) Slater S. Malcolm, Michael Porter. â€Å"Notes on Diversification As a Strategy†. Harvard School Publishing, 2002 23. (Slater F, 2002) Slater F. Stanley, Olson. Eric, â€Å"A Fresh Look at Industry and Market Analysis†, Business Horizons. Kelly School of Publishing, January-February 2002. 24. (New Zealand Growers, 2006) New Zealand Wine Growers Research Committee, â€Å"Research & Development Strategic Plan†, December 2006 25. (Robinson J, 2008) Robinson, Jancis, † The Fast-Changing World Of Wine†, http://www.sifst.org.sg/pdf/article-thefastchanging.htm. 26. (Robbins S, 2006) Robbins S., Bergman, R., Stagg, I. & Coulter, M. @006, Management, 4th Edition, Prentice Hall, Sydney. 27. (Study Guide, 2008) Foundations od Management Study Guide 2008, Southern Cross University.

Monday, January 6, 2020

Impact of the Deepwater Horizon Oil Spill on the Environment

The Deepwater Horizon spill occurred on 20 April 2010 and was caused by an explosion on the Deepwater Horizon drilling rig that killed 11 workers and injured 17 more. The drilling rig, located 66 kilometers southeast of the Louisiana coast, left an oil gusher that was finally capped on July 15, almost 2 months later. This was the largest accidental marine oil spill in history and the largest offshore environmental disaster in the United States (Telegraph, New York Times, BBC News). It is estimated by scientists that over 4.9 million barrels of oil were released into the ocean, about half of the crude oil the U.S. imports each day and worth $400 million (Popular Mechanics, CBC News). About 1070 kilometers of coastline were contaminated.†¦show more content†¦Undersea life there tends to grow slowly, so that subtle effects on reproduction may take time to become apparent. Submersibles in the area of the spill detected an enormous undersea plume of oil 3,600 to 4,300 feet deep a nd hundreds of miles long. Oxygen levels plummeted inside the plume, suggesting that ocean microbes were consuming the components of the oil. These oil-eating microbes occur naturally in the gulf and as much as 3,000 barrels of oil per day seep naturally from the ocean floor, making oil a part of the environment. Communities of tube worms have grown around the oil seeps, showing that some sea life has adapted to the oil. However, the oil remains poisonous to much undersea life, with deep corals being particularly vulnerable. Deep-sea animal life is adapted to a stable environment and is not suited to rapid changes of temperature and chemical composition. Microbes are more flexible, and are critical to the chemical balance of the atmosphere, consuming carbon dioxide, methane, propane, and heavy oil components (Harvard Gazette). These microbes are distributed widely in the gulf and can reproduce rapidly when they come into contact with oil. The American Bird Conservancy has studied the effects of the spill on bird species in the affected region. The Gulf Coast is very important for hundreds of species of migratory birds that breed andShow MoreRelated Impact of the Deepwater Horizon Oil Spill on USA’s Environment and Economy1919 Words   |  8 PagesDepleting reserves, high oil prices and spectacular offshore discoveries concentrated a global attention to deep water (National Geographic, p.3). Joel and Bourne (2010) claim â€Å"the Gulf of Mexico now accounts for 30 percent of U.S. production, with half of that coming from deep water (1,000 to 4,999 feet)†. The U.S. government roughly calculated that the deep Gulf might contain 45 billion barrels of oil (NG, p.44). 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