From classical ballet to contemporary ballet

From classical ballet to contemporary balletFrom Classical concert bound to Contemporary BalletBallet originally emerged in the late 15th century in the Renaissance court of Italy. Then, it was a dance interpretation of fencing. Ballet was further developed and popularized in the French Courts in the 17th century. From court ballet to modern ballet, the dance techniques and practice has evolved throughout the years. Contemporary Ballet now incorporates classical ballet with modern dance techniques such(prenominal) as floor work and turn-in of the legs. (wikipedia, par 9) Ballet shows now focus more on the plot as compared to the 17th century, where the focus was the intertwine of medicament and poetry. It had also often included singing. 17th Century Ballet had minimal plot because Ballets were designed principally for the entertainment of the aristocracy, hence rich costumes, scenery, and elaborate dress effects were emphasized. In the 19th century, there was an increase in inter est among the public, and Ballets such as Swan Lake (1876), Sleeping Beauty (1890), and The Nutcracker (1892) were produced. There was an govern of jazz, jazz rhythms and modern dance at that time, originating in the USA, hence greater body expressions. Today, Ballet is an internationally practiced and appreciated dance, with many dance trail dedicated to the teaching of Ballet, including prominent schools such as the royal ballet school and many other small private dance centres. These schools train Ballet dancers from young and even adults who have never learned Ballet as a child are able to practice due to the large aggregate of adult Ballet classes for beginners. For those who are not striving to be a professional Ballet dance, practicing Ballet is a form of sport which teaches excellent amaze and trains you to be graceful and disciplined.From the increase in Ballet schools, dancers and shows for the public, it can be concluded that one of the most significant change in the practice of Ballet, would be the accessibility of Ballet. In the 17th century, ballet was performed in the royal courts. It was a dance that was rather exclusive for the royals and the high society. Many commoners would not have the sumptuousness to attend Ballet performances. However, as Ballet developed, it became more popular and much appreciated and watched by different people. Today, Ballets are relatively inexpensive to watch, including well recognize Ballets such as Swan Lake and the Nutcracker being some of the most famous ballets that are widely watched even to those who have little knowledge roughly dance or do not come from well off family backgrounds. Ballet is viewed as a classical performance that is available for anyone.What has not changed or so Ballet is that Ballet is still considered a high culture performance art, despite the fact that it is one of the most practiced and watched dances by many from various social status and education level. Youve got to atte nd Ballet performances in order to be cultured. Also, Ballet is still very female dominant in the eyes of the public. This is to say that parents would tend to send their daughters to Ballet classes rather than sons. However, this is not to say there are few males Ballet dancers. Ballet now being so much more accessible, in level with other dance forms such as hip hip and jazz, it is no longer a dance for the rich and privilege.

Horizontal Integration And Conglomerate Diversification Marketing Essay

Horizontal Integration And Conglome run Diversification Marketing Essay1 Define and distinguish between the following pairs of lordly strategiesHorizontal integrating is a grand outline based on growth the acquisition of similar firms operating at the same stage of the ingatheringion- grocery storeing chain. (Pearce, p. 218) Vertical integration is the grand strategy based on the acquisition of firms that supply the acquiring firm with inputs or new customers for its outputs. (Pearce, p. 220) Horizontal integration acquires more entities within the same direct of the supply chain where vertical integration acquires entities up and down the supply chain to control the en scare away increaseion and distribution process from raw materials to lowest consumer.Conglomerate diversification is the grand strategy that involves the acquisition of a stemma because it presents the nigh promising investment opportunity available. (Pearce, p. 221) Concentric diversification involves the acquisition of a second air that benefits from access to the first firms core competencies. (Pearce, 221) Concentric diversification seeks synergies between its acquisitions where conglomerate diversification does not. Newell Rubbermaid is an example of a large conglomerate that has begun to meet for more concentric diversifications in the last 10 years divesting clientelees that ar not good fits for the over any portfolio.Product increase is the growth strategy that involves the straightforward modification of existing products that can be marketed to current customers. (Pearce, p. 216) Innovation is a grand strategy that seeks to reap the premium margins associated with creation and customer acceptance of a new product or service. (Pearce, p. 216) Innovation is truly difficult to make profitable. It requires a significant amount of research, time, and financial resources. Many more companies practice product development and use the term innovation.Joint venture is a grand s trategy in which companies create a co-owned business that operates for their mutual benefit. (Pearce, p. 230) Strategic alliances are contractual partnerships where the companies involved do not take an equity position in one another. (Pearce, p. 232) Strategic alliances can be between companies with similar customer bases that can benefit from each others resources such as a distribution network. Joint ventures are much more complicated and longer term. Each entity has rights and possession into one habitual business. This is much more common when US firms begin to do business in countries like China and Mexico.2 What are threesome ways a firm can incorporate the return of speed in its business?Speed to market, or speedy solvent to customer requests has reverse a major source of competitive advantage in the global market. We live and work in an environment where everyone emergencys everything now. The customer has an unmet need and does not want to wait for your firm to pr ovide a product that meets their need. This can be an important market strategy if the firm in question can pronto adjust products or processes to meet the customers needs fast.First, customer responsiveness. All customers have dealt with frustrations related to delays or slow service. The same holds true from business to business. Quick repartee with useful solutions, information, and products can beget the basis of a competitive advantage especially if the firm can consistently deliver faster than the competition.Second, product development cycles. There are automotive companies that have worked to streamline product development taking a new product from concept to production within slight than 9 months. Todays marketplace thrives on newness, and products may only last for a year or two from launch to grave. Being efficient at product development is a key strategy.Third, speed in delivery or distribution. Firms that can get you what you need, when you need it (even when its t omorrow) will have a competitive advantage. A key example of this is the Batesville Casket social club. Funeral homes across the country do not stock all designs and styles of caskets, yet they can meet with a client at 5pm on one day and have their exact custom order delivered before noon the next day anywhere in the country. This is done finished an intricate network of distribution centers that stock one of everything. When one item is pulled from the distribution center, manufacturing begins to make the switching.3 How does market focus assistance a business create competitive advantage? What attempts ac society such a posture?Market focus allows some businesses to compete on the basis of low cost, differentiation, and rapid response against much larger businesses with greater resources. Focus lets a business learn its target customer in greater detail and develop ain relationships that will differentiate the smaller firm or make it more valuable to the target customer.Mar ket focus may also be an advantage because it will reduce the number of competitors in a market. For example, if your firm sells and delivers floral bouquets, you may compete with large global firms like 1800Flowers or FTD. By steering on the needs of the local market that the large firms have ignored, your firm may be able to gain an advantage over the larger firms.The risk of market focus is that you attract major competitors that have waited for your business to prove the market. They let you be the guinea pig, and now that the market seems to be agreeable, they will glide in and begin taking customers and market share. Your firm may also risk being bought out or taken over by a larger firm that wants to expand and fill out its portfolio. The greatest risk is assuming that it is focus alone, and not some combination of price, differentiation, or rapid response that is creating the businesses success.4 When would multi- application companies find the portfolio approach to strate gic analysis and choice useful?Portfolio approaches provide several(prenominal) contributions to strategic analysis by corporate managers. First, they allow for the conduct of competitive advantage of professional management across a broad array of businesses. They help convey large amounts of information about diverse business units and corporate plans in a simplified format. They illuminate similarities and differences between business units and help convey the logic of corporate strategies for each business with a common vocabulary. The portfolio approach simplifies priorities for sharing corporate resources across diverse business units that generated and used those resources. They provide a simple prescription that gives corporate managers a sense of what they should light upon and a way to control and allocate resources between them. (Pearce, p. 283)Multi-industry companies would find this approach useful when it is not clear which business provides the greatest revenue or g enerates the largest market share or financial gains for the company. The portfolio approach is a systematic way to compare common criteria across all businesses in the portfolio.Case Study Exercises1 How would you describe VWs new advertising strategy?Volkswagens new advertising strategy is to regain American interest in the Volkswagen post. Volkswagen held safe market position in the 1970s based on the success of the VW Beetle and Transporter. Sales were strong until the introduction of the VW Rabbit in the US in the early 1980s. The Rabbit was fashionable but known to catch fire or have other mechanical problems, giving the Rabbit and VW a reputation for poor quality.After naughtily declining sales in the 1990s, Volkswagen hired Crispin Porter and Bogusky to completely rebrand the Volkswagen in 2006. Crispin had a strong history of creating memorable marketing and advertising campaigns that turned around several major US brands like Burger King and MINI. Crispin started the s trategy by defining the new target market, and determining what the perception was in the 18-30 yr old mannish audience. Crispin Porter and Bogusky used a strong web based campaign to attract the target audience, and added enough edge and controversy to get people of all demographics talking about Volkswagen.The strategy of using the web and a German dominatrix type blonde named Helga that the user could interact with on the GTI website, gained in popularity but offend and alienated woman who were also VW customers. Many believed the campaign degraded or looked over women as a target market. The strategy worked for a short boundary of time but was unable to overcome the mixed product message that Volkswagen was sending with offerings ranging from expensive luxury cars to econo-friendly hatchbacks. Now, four years later, VW Americas is still struggling to modify sales and gain market share.2 What appear to be DHLs most important competitive advantages? Are they best suitable to a mature industry or a growth industry? Which way would you characterize the U.S. parcel market and the global parcel market?DHLs most important competitive advantages are its global presence, strong parent company financial support, and willingness to have face to face relationships with its customers. DHL holds a commanding 40% market share in europium and Asia, but struggles to gain over a 7% market share in the US. This is primarily because the competition, FedEx and UPS, have spent decades and billions of dollars building delivery networks and infrastructures and huge economies of scale. DHL wants to become the next FedEx or UPS in the United States in order to further strengthen their overall global footprint. In order for DHL to continue to be prosperous in the future, they have to be successful in the US. DHL has a strong global delivery system but lacks in US domestic delivery. This became most evident in November 2008 when DHL ceased all US domestic shipping operations.Th e US parcel market is a mature market because over the past 40 years the market has developed a structure and market leaders that are serving the needs of nearly all customer groups. This market intensiveness and duration do not leave a lot of room for a new start up to gain any ground. The US geographical is much more spread out than DHL is use to dealing with in Europe. This dynamic adds complexity and requires a larger structure to manage.DHL is much better suited to a growth industry than a mature industry. A growth industry has the opportunity for many competitors to develop the market at the same rate without one being at a disadvantage over any others. DHL has a strength in developing relationship with customers that works well in a growth market, where relationships are key to expanding the market.3 What does eBays corporate or multi-business strategy for the twenty-first century appear to be?Ebays corporate business strategy is to be a company that provides services for a ll the kinds of activities that people perform on the internet mountain, communicate, shop, search, and entertain. (Pearce, p. 299) Investors, however, are struggling to see Ebay as more than an online auction site. Over the past 5 years, Ebay has purchased what seems to be a hodge podge of companies with little common connection. PayPal seemed to be a logical fit, as a means to facilitate buyers and sellers on the Ebay auction site. But, Skype and others seem to be farther stretches for the investment community to understand. If you look at ebay as a company that is in business to facilitate trade then the acquisitions make more sense. Time will tell if the online auction giant can gain the trust of the investment world and change their beware about who Ebay is and what it does.Strategic Management Plan1 Using one (or a combination) of the 15 grand strategies outlined in the text, write long-term objectives for your selected company that exhibit the seven qualities of long-term objectives Acceptable Flexible Measurable Motivating Suitable Understandable Achievable.In order to increase value creation for shareholders, barrel maker Tire and Rubber Company will improve global cost structure and increase targeted profitable growth.Global Cost StructureSourcing and LCC Manufacturing 35 45 % of Manufacturing in LCC Meet Demand Lower Global Cost Structure Reduce ComplexityShort Term Goals Ramp Up CKT 6 zillion tires (China) Expand at CCT +2 million tires (China) Offtake agreement with Mexico Offtake agreements at other locationsLong Term Goals Analyze expansion of existing LCC facilities Identify and evaluate say-so JV partners Analyze Greenfield options in LCCManufacturing Cost Reductions 10 15 % reduction in addressable cost base Continue with high quality manufacturingPrograms to come across Process efficiency improvements Complexity reduction and management Automation DistributionTargeted Profitable Growth Total Company = 6 to 7% CAGR Global web Sales = $3.6 billion 60.9 million unitsPrograms to achieve North America Channel AlignmentGrow in all Channels, Growth not equal in all channelsContinue Support of Independent DealersAlign organization and strategy to each channels needs Asia Grow TBR and PCRTruck and Bus radial (TBR) Focus TBR on Tier 2 and 3 Products Continue to develop retail sales Focused growth in fleet sales passenger Car Radial (PCR) Build in areas with greatest car parks (east coast) Shift production used for export sales to domestic Elevate the brand Continue to develop retail sales Europe Focused GrowthTargeted approach with resources geared toward prioritiesExisting Cooper Strengths PLUSBrand focus extremely focused sales by product segmentGreater channel focus2 In 2 pages or less, describe the grand business strategy or strategies that you will select to seek sustained competitive advantage. Why did you select this strategy or strategies?Cooper Tire Rubber Company has chosen to use new product development and control stick venture as grand strategies to seek competitive advantage in the global replacement tire industry.Product Development is used to prolong the product lifecycle or build on the reputation of the brand. Cooper Tire plans to do strengthen this as a strategy by adding resources and enhancing regional technology centers in Asia and Europe. Additional organization of resources into continuous product and process improvement teams through the use of bend and Six Sigma techniques will aid the product development process. Cooper must also modify the research structure to improve research knowledge base. sophisticated Technology and Shelf Technology combined with computer modeling and simulation will help with a focused development effort leading to few iterations and faster product development. Cooper can also utilize external resources by leveraging vendors and academic institutions to provide innovations and technological advancements in tire social organisation and m aterials. By applying a stage gate process, Cooper will enhance decision making process, and align it with global goals.Joint Ventures occur when two or more capable firms lack a necessary component for success in a particular competitive environment. Cooper Tire has a strong market share in the US and looks to continually expand into new global markets. Cooper Tire has two active articulatio ventures in China. Coopers joint venture allows them easier entry into the Chinese domestic market while creating a supply in a low cost country. The Chinese replacement tire market is increasing at a 17% year over year rate, which is a great expansion opportunity for Cooper. As Cooper uses the joint ventures for the production of tires, they are also focusing on building retail distribution in areas with greatest car park (along Eastern coast). These strategies will help to expand the Cooper business and global market share.

Understanding Young Adult Footwear Shoppers in India

Understanding Young Adult footgear Shoppers in IndiaExecutive SummaryA man chiffonier be judged by the fit verbotens he wears. Footwear today is much more than just an integral develop of aces attire it helps the late day consumer take aim his or her unique life style statement. This study was d integrity to recognise the footgear preferences was various categories of footgear and to understand the footwear glomping behaviour. The objective of the study was to atom young adult footwear shoppers into unique footwear obtain orientation groups and to develop a visibility for each segment with respect to footwear benefits sought, wideness of store attributes, patronage behavior and demographics. To start with, a secondary research was done to gain a broad understanding of the footwear industry in India, in particular footwear sell, and the modern Indian consumer. In-depth interviews of 10 young adults from metros, both males and females, were conducted to arrive at the pa rameters used in the evaluation of footwear, footwear sell stores and in comparable manner to understand general footwear usage and buying behavior. This understanding and the parameters arrived at were then used in formulating a questionnaire consisting of 60 line items which was administered by online surveys. A total of speed of light responses were achieved of which 85 were complete responses. The data of the complete responses was then analyzed through frequency distributions, incidentor psychoanalysis and cluster analysis. factor out analysis helped to reduce the number of variables to 8 factors. On the basis of these 8 factors, the 85 respondents were kindified into 3 clusters with unique shopping orientations. The result of this study arouse be helpful to footwear retailers in customizing their merchandising, display, and other store attributes similar space and availability of mirrors to gain maximum store loyalty and patronage.IntroductionFootwear is much more t han just an integral part of ones attire while on the one extreme, it helps the modern day consumer make his or her unique lifestyle statement, it in equal manner helps enhances the transaction of athletes and sportsmen at the other extreme.A brief history of footwearOne of the prototypical things made by our primitive ancestors was foot covering. It was chiefly used to protect themselves from burning sand, rocks and rugged terrain. Records show that different civilizations worry Egyptian, Chinese and other early civilizations, all contained reference to shoes. It is also mentioned in the Bible. The Hebrews also used it in binding a bargain (Shoe History, 2009).The first form of shoe consisted of a simple piece of plaited grass or rawhide which was strapped to the feet. During early times, sandals were the near common type of footwear. In Mesopotamia, during one hundred sixty0 1200 BC, a particular type of shoes were used. They were soft and made of wraparound leather.Up t o almost 1850, the method of making shoes was the said(prenominal) as that in 14th century B.C. in Egypt. Hand tools were used. Shoes were absolutely straight. There was no difference between the right and left shoe (Shoe History, 2009).In 1845, the first auto that found a permanent place in the shoe manufacturing industry was invented- the Rolling machine. In 1846, a sewing machine was invented. In 1875, a machine was developed which later came to be k right offn the Goodyear Welt Sewing Machine (Shoe History, 2009).Rubber heels for shoes were patented in on January 24, 1895 by Humphrey OSullivan. These rubber heels on shoes out termed the leather heels then in use (The History of Shoes, 2009).Keds were first mass- merchandiseed in 1917 (The History of Shoes, 2009). They were positioned as canvas-top sneakers. These were officially the first sneakers. The word sneaker was coined by Henry Nelson McKinney, an advertising agent. This was because the rubber sole made the shoe stealth y. All other shoes, barring a few exceptions like moccasins, made noise when a person walked. Hence you could sneak on anyone wearing Keds.Since the mid-20th century, the type of shoes being created has changed considerably comp bed to the traditional crafting techniques. This is due to advances in plastics, rubber, synthetic cloth, plastics and industrial adhesives. Leather, even though is stock-still used in expensive dress shoes is no longer really used in athletic shoes. Soles, which were once hand stitched, argon now machine stitched or simply glued on.A century ago, if a lot of campaign was put in, a person capability thrust been able to green goods a few pairs of shoes. Today, automatic Toe Laster for Goodyear Welt shoes can produce 1200 pairs in an 8-hour day (Shoe History, 2009).Footwear industry in IndiaIndustry overviewThe Indian footwear and leather industry is amongst the top-10 foreign exchange earners. It is also amongst the top-12 focus manufacturing firmaments in the country if we consider it in terms of competitiveness and untapped potential.The worlds largest footwear manufacturer is China. Next is India. India producs 16 billion pairs accounting for 13% of world-wide footwear production. India produces 2065 million pairs of different categories of footwear (leather shoe uppers 100 million pairs, non-leather footwear 1056 million pairs and leather footwear 909 million pairs). India exports just 115 million pairs of footwear. to the highest degree 95% of the production goes into meeting the domestic demand.Nearly 15 percent of Europes leading soils outsource their footwear, app arl and fashion accessories purchases from India. Indias domestic footwear market is wear out than others around the world primarily because of abundant raw materials, low cost of production and a huge consumption market.Indias major importers for Indian leather products unsophisticatedShare (%)Germany14.12Italy12.82UK11.48USA9.98Hong Kong6.61Spain6.09Fra nce6.14Netherlands4.13UAE2.38Australia1.55Total75.30The 10 countries mentioned above account for nearly 75.30% of Indias total leather products export.More than half(a) of the Indian footwear market comprises of gents footwear. This is opposite to the world wide dilute. The worlds major production is in ladies footwear. Hence, in India there is immense scope in the womens segment. In the unorganized welkin, more than 80 percent of the gross revenue happen in the mens segment. However this is might change soon.The footwear industry is extremely labor intensive- 90% of its production seeds from SMEs (small and medium enterprises). There are in excess of 42,000 such SME units, there are primarily concentrated in two provinces in Uttar Pradesh up north and in Tamil Nadu overmatch south. They are also present in Rajasthan, Maharashtra and Punjab. Agra, Ranipet, Kanpur, Ambur, Jodhpur and Kolhapur are also traditionally renowned centers of excellence in the production of leather an d footwear.In the last five years, footwear production in the country has increased by nearly 60%. Out of this, the rural areas consume 75% of the footwear production. It has proceed a necessity product there since till now, they become been majorly deprived of its usage.The Footwear sector has now been de-licensed and de-reserved. This has paved the way for expansion of capacities on modern lines using state-of-the-art machinery. In order to assist this process further, the Government has permitted 100% Foreign Direct Investment (FDI) through automatic route for footwear sector. Categorization or classification of footwearThe Indian footwear market, in terms of quality offerings, has four main segments1. The super premium decease- comprises the best of global prodigality greases2. The high-end or premium3. The mid/economy ranges- comprises of formals, functional, casuals and party wear4. The low-priced mass range- includes leather and plastic strapped slippers, as utility wear apart(predicate) from this, the genuine active sportswear segment with different price ranges also exists.The volume share of the economy/mid range has reduced. It was 61% in 2006-07. It has come down to 53%. The active sports-wear segment has increased its share from 7% to 9.6%. Premium leather and premium non-leather segments have both seen a rise from 7% and 3% in 2006-07 to 7.3% and 3.5% respectively in 2007-08. The super premium luxury segment has a 0.08% market share. In terms of sales value, this is a genuinely significant number.Also there are four major categories of footwear1. Sports footwear2. Semi-formal or casual footwear3. Formalwear4. Utility footwearThe Indian footwear market mainly consists of casual wear. It occupies nearly two-thirds of the total footwear retail market. The other sub-segment that is doing hearty is the brand sportswear segment. It is estimated to be nigh Rs. 1,000 crore. The main players in this space consist of reebok, Adidas and Lotto. Compa red to other segments, this segment is growing fast in terms of the number of outlets. Apart from footwear, these outlets also sell apparel.major(ip) players in Indian footwear industryThe top domestic and premium brands in India consist of1. Action It has a pan Indian presence. It consists of multiple branded outlets (MBOs), 135 scoop shovel branded outlets (EBOs). It commands a total of 175,000 square feet retail space.2. Bata It is a household name in India. It was the brand that made branded footwear popular. Bata India Limited manufactures and markets various types of footwear, leather and footwear components. Apart from these, the company markets products related to footwear, garments, accessories, sports goods and other merchandise. Batas sub-brands consist of Dr Scholls, Hush puppies, Bubblegummer and Power. Till the first quarter of 2009, Bata India had 1,293 outlets. Bata India is currently feel to expand towards Tier I Tier II cities.3. Khadims Currently, it has ove r 329 outlets. The area under it is approximately 148,000 square feet retail space. It is present in 22 cities across India.4. Liberty After Bata, it is arguably the most popular domestic brand. It is the only Indian company among the worlds top 5 leather footwear manufacturers. It has EBOs as Revolutions and Liberty. Revolutions provides footwear, sound accessories, watches, leather accessories, sun-glasses and jewellery Its sub-brands consist of Footfun, Force 10, Senorita, Gliders, Tiptopp, Windsor, Coolers, June, Warrior and Perfect. Liberty has 360 EBOs, 40 Shop-in-shops and 150 distributors. It services 6000 MBOs. The total retail space under it is 1.26 million square feet.5. Metro, Mochi These are two brands from Metro Shoes Ltd. They were launched in 1977 and 2000 respectively. It consists of over 85 EBOs and 76 MBOs. The retail space under it is 131,000 square feet. It is present in 32 cities.6. Pavers England It declared in India in early 2008. It was launched in Reli ance stores. It is a Chennai based brand. It operates 40 MBOs.7. Red Tape This brand belongs to Mirza International. It was launched in 1996 in the domestic market. It started its exclusive retail operations in 2006. By end-2008 it had 10 company-owned EBOs, 50 franchise-owned EBOs and also 135 Shops-in-shops.8. Sreeleathers It was established in 1950. It is a very strong brand in easten India. It has 5 company-owned EBOs and 28 franchise-owned EBOs.9. Woodland It is smell to enter the junior and kidswear segment. It is also looking at apparels business very optimistically. It hopes that this business will contribute to half of its total sales in India. It operates 250 EBOs in India.10. Lilliput It is a leading brand in kids footwear. By the end of 2008, it had 250 EBOs and also 100 shop-in shops.11. MB Footwear It has 2 in-house brands, viz ID and Mercell. It has been operating for more than 21 years. It has tie-ups with brands like Lee barrel maker. By the end of 2008, it ha d 32 EBOs and also 11 shop-in-shops.International brands in India1. Adidas It is one of the biggest companies in the sports goods category. This nramd has acquired Reebok. It now consists of 3 brand divisions Adidas, Taylormade-Adidas golf and Reebok. Adidas brand focuses on sports. It offers footwear, apparel and hardware in three divisions which include sport heritage, sport performance, and sport style.The sport performance division focuses on the hardcore sports player.The sport heritage division focuses on the casual sports man.The sport style division focuses the fashion-conscious consumers.The Reebok brand focuses more on style.Adidas entered India in 1977. It operates more than 450 EBOs. It has 340,000 square feet retail space. It claims a 20% market share in the active sports segment.2. Lotto It currently has 10 flagship EBOs in India. It has plans to increase it to 100 by the end of 2010. It is present in 30 Indian cities.3. Nike It has 107 EBOs in India4. Guess (Premiu m) It was launched in 2005 by Planet sell in India. It operates 19 EBOs and one shop-in-shop.5. Carlton London (Premium) It currently operates 10 EBOs. It has 50,000 square feet retail space in India. It is concentrated in North India. It has plans to open up new stores in metros and in Tier I cities.MBO Retailers1. Planet Sports It has 39 outlets and a retail space of 73,000 square feet. It is present in 21 cities across India.2. Provogue It was launched in 2005. It consists of 55 EBOs and also 15 shop-in-shops.3. Reliance Footprints It is a division of Reliance Retail Ltd. It started its operations in 2007. It currently operates 14 MBOs. It offers global brands like Ecco, Geox, Josef Siebel, Rockport, Florsheim, Hush Puppies, Lee Cooper and Clarks, Piccadilly, Dr. Scholls, Levis, Crocs, Disney among others. Apart from these, it sells handbags as well as accessories.4. Shoe Factory It is a value format. It offers huge variety of footwear for a wide age groups. It started it s operations in Ahmedabad in 2006. It is present in 16 locations and has a retails space of 48,000 square feet across 8 cities.5. The Blues It is an exclusive licensee of major global brands like Corneliani (2006), Versace Collection (2005), VJC Versace Jeans Couture (2008), Cadini (2005), Versace (2008). By the end of 2008, it had 6 franchised EBOs, 3 shop-in-shops and also one MBO.Emergence of modern Indian retailIntroductionIn 2007, the Indian retail sector stood at $350 billion. It was predicted to increase to $427 billion by 2010 and $635 billion by 2015 (Morierty, 2007).Many Indian business houses are entering or have already entered this sector. The food and grocery sector is turning out to be a major contributer to this field. Even though it started slowly, it is now growing at a agitated pace.The other forms of retail have also evolved consistently. With the huge business houses entering into this business, the field has become extremely competitive between them. This is one sector that is looking to explode in the near futurity.Today, mega Indian business houses and corporate like the Future aggroup of Kishore Biyani (Food Bazaar), Reliance Group of Mukesh Ambani (Reliance Fresh Reliance Hyper), ITC Ltd (Choupal Fresh Choupal Saagar), Wadhawan Holdings (Spinach), RPG Group (Spencers Retail), the Aditya Birla Group (More), Subhiksha, the Godrej group (Natures Basket Godrej Aadhar), J Raheja group (Hypercity), etc. are driving the forays into retail through different models like single-format, multi-format or integrated urban-rural model. (Sengupta, 2007)However, the increment of the Indian retail space has been a long and ardous journey. Let us have a brief look at how the sector as a whole has evolved over the years.HistoryIt is popularly assumed that with the opening of the Indian economy in the early 1990s, the retail sector started opening up. This is when all the supermarkets and hypermarkets came into existence. However, the types of ret ail formats have existed in India since 1970s.In 1971, Nilgiris was set up in Bangalore. It was what one could popularly refer to as the face of modern Indian retail. It was a supermarket. Since then, a lot of other business houses/ entrepreneurs have entered this sector. A few went national while a majority of them were restricted to a local scale. Popular among them were Trinetra from Hyderabad (now part of the Aditya Birla Group), Foodworld from Chennai, Margin Free from Kerala among others. A few others like Stop Shop from the TVS group in in the south India and Nanz in North India have shut down.In 1947, when India got independence, the per capita income was very low. People could not really afford any type of luxuries. Majority of them managed to live by getting their elementary necessities. The main type of retail format prominent during those days was the mom-and-pop (kirana stores). They were run by individuals. The other format was the Bazaar. This trend continued up to the 1960s. Even post that, when supermarkets like Nilgiris opened up, the trend continued (Sengupta, 2007).It was during the 1990s and 2000s that this trend gradually changed. The growth story of the modern retail format in India is the early part of this millennium can be divided into 4 bods. form 1This phase is characterised between 2002 and 2004. Lots of new entrants into the market were driving the top line growth.Phase 2This phase is characterised between 2004 and 2006. The consumers were getting more and more aware of the possibilities that this retail growth could mean for them. They started demanding more and more variety in the organized retail formats.Phase 3Post 2006, the retailers realized that in order to distinguish themselves, they would have to strengthen their back-end activities. The front end of almost all retail outlets were more or less the same. The thing that distinguished them from the rest were activities like inventory control, turnover time etc.Phase 4Th is phase has been in progress since 2007. The retail players are in the process of consolidating their operations.(Srivastava, 2009)Organized retail is moving from being a novel experiment to an judge back-end innovation and scale build up (Srivastava, 2009). Indian retail storyFirst some facts (Srivastava, 2009)* The retail industry employs almost 21 million people* The Kearney study undertaken in 2006, ranked India fifth among 30 developing countries in the Global Retail festering Index* The study projects that India will overtake Russia and China to become the number one destination for foreign direct investment in retailIndia has over 12 million retail outlets. Out of this, astir(predicate) 95% of the outlets are less than calciferol square feet (Srivastava, 2009).If we compare Indian retail with other countries, we see that the number of traditional retail outlets is still very huge.In 2005, US had about 15% traditional retail outlets and 85% organized retail outlets. India had 97% traditional outlets and only 3% organized retail outlets (Srivastava, 2009).(Srivastava, 2009)The organized retail in India is still at a very nascent stage. The opportunity for growth is enormous.Even though speciality stores in India are gaining prominence, almost 90% of all future retail development is predicted to be malls. The Indian consumer wants everything in the same place.One more trend that is being seeing is the marriage of retail and cheer. Lots of multiplexes are opening up at malls. In fact, this seems to be the future trend. Sand alone places might not attract the crowd that such mergers could. Also, facilities like arrest stores, coffee shops, food courts etc. are being developed at these places.The major distinguishing factor of malls in India is that they have a mix of high-value items as well as mass branded items at the same place. In comparison, other countries have speciality malls. They either are of the high-value kind boutiques or the mass catego ry.India has the highest shop density in the world. It has about 11 shops per 1000 people. This adds to one shop per 20-25 families (Srivastava, 2009). However in cities, this density is much higher.If we look at the money spend on various facilities, the urban-rural difference becomes very evident. About 33% of entertainment spends come from rural areas as contrary to 67% from urban areas. As opposed to this, when we talk about more basic necessities like food, clothing and footwear, over 60% comes from rural areas.(Srivastava, 2009)If we look at the share of the various things that are change in the organized retail, we stripping that apparels and accessories is the maximum at 38%, footwear is at 9%, while others like mobile phones, books etc. are at 3% each (Srivastava, 2009).(Srivastava, 2009)Retail formatsBoth traditional as well regional retails constitute footwear retail market space. Along with these, new players like The bean and factory outlets also constitute this sp ace. These are category killers. The Loft offers over 130 brands, all under the same roof. It has completely revolutionarized the industry. In Mumbai, The Loft store has an area of 18,000 sq feet and also offers other services to the customers enhancing their experience. Factory outlets have also changed the industry. Pantaloon Retails Brand Factory, Reliance Footprints, Max Retail of the Landmark Group, and The Loot, are all offering a multiple footwear brands.1) HypermarketThis format of stores has seen a huge growth in India. Most of the stores in this format are making money. The costumers find it very comfortable as they can get almost all their daily necessities like food, clothing, shoes, utensils, home appliances, durables etc. under one roof. It is like a one stop shop for all necessities.2) Departmental StoreSimilar to hypermarkets, these shops also offer all the requirements under one roof. The difference is that these outlets have a more luxurious setting. The Indian con sumer likes the idea of shopping in a better way with entertainment, novelty, variety and an foreign setting, all under one roof.3) Single brand/ Stand Alone OutletAs the name suggests, these outlets consist of only one brand. They are generally run by the brand itself or are run as franchisee. The consumers do not have much choice here in terms of the number of brands but, generally, most of the variety of items, even the rare ones, of the brand are present here.4) Multi-Branded OutletA huge variety of brands are present here. The consumer has a wide array of brands to opt from. The only drawback of such outlets is that only the popular items of a brand are present here. So if a consumer has a very specific requirement, he/ she might not be able to find the item here.5) Factory OutletA factory outlet is a retail store where the manufacturer sells his brand directly to the customer. The store might have a warehouse attached to it. The biggest advantage of such stores is that there are no middle men. Hence the end customers get the brands at a very low cost. They are also called Best Saving Outlets.Footwear retailAT Kearneys eigth annual GRDI (Global Retail Development Index) in 2009 ranked the Indian retail sector as the most attractive emerging market for investment. Indian retail market is the fifth largest retail destination globally.In the footwear retail market, only 5.9 percent of Indias total retail market is organized. This comes to Rs. 13,300 billion. The total footwear retail market stands at Rs. 160 billion. Out of this, 48.4% of the footwear retail market is organized and is dominated by brands. The Indian Retail report of the year 2009 maps the growth of the organized retail since 2004. The findings assign that compared to the other retail categories, footwear category has grown at a much faster pace. In 2004-05, only 25% of the footwear retail sector was organized. In 2009, it grew to 48.4%. The overall retail market share in the organized sec tor has only increased from 3% to 5.9% in the corresponding time frame. rising trendsThe performance of the footwear market is forecasted to accelerate with an anticipated CAGR of 10.2% for the five-year period 2008-2013. This is expected to drive the market to a value of $5,791.4 million by the end of 2013. Comparatively, the Chinese market will increase with a CAGR of 8.3%. (Singh, 2009)The organized retail sector is also seeing many changes. This sector occupies about 5% of Indian retail market. Large format stores and branded retail stores are coming up. This trend was first seen in South India and now in North India, West India and East India in the next couple of years. The retail sector is also opening its operations in Tier II cities like Gurgaon, Noida, Kochi etc. A market research report Booming Retail Sector in India predicts that Indian organoized retail sector will reach US$ 50 billion by 2011. This study was carried out by RNCOS. The number of shopping malls is also se t to increase between 2007 and 2015 by a CAGR of 18.9%.The Indian consumerOn the World Map, India is put 5th in the list of consumer markets of the world. Improved communication systems and the exposure to popular international brands has brought about a huge difference in the cities. People have become more indulgent. They want to acquire more and have also become very ambitious.According to a McKinsey report, the size of the Indian consumer market is expected to grow 4 times by 2025. This report is aptly titled The rise of Indian Consumer Market. The youth population in India is huge. 33% are downstairs 15 years of age. The consumer spending has increased as the disposable income among the youth has increased. The consumer spending in India has increased by 75% in the last 4 years. The share of wallet for products like footwear, clothes, transport, entertainment, education, medical services, housing and renting etc. has increased significantly.In fact, the Indian middle class ha s also started consuming luxury goods like air-conditioners and cars. The Indian demographic profile is changing rapidly. The upper class is growing much quicker than the lower class. The deprived class is shrinking. The middle class is expected to touch 28 million by 2010. One third of the total middle class population will be from the rural areas.modus vivendi category goods are expected to be the future. With the increasing number of working women and fashion conscious males, they will look for a better quality of life. The Nielsen Retail Index 2007 reveled that consumers are switching to branded products. Also due to impulse buying by young consumers with disposable income, brands like Reebok and Adidas saw their semi-urban and rural sales increase by more than 70%.According to Kishore Biyani (Biyani, 2007), the typical Indian consumer can be classified as followsThe serving class consists of 55% of the population. This indicates that the retail outlets should target this group as well instead of mainly targeting the consumer class, which consists of only 14% of the population, as it currently does (Tripathi).Literature Review Indian footwear consumerThe basic understanding of fashion and change in consumer perceptions has given a huge boost to the footwear industry. There is more exposure for Indians due to global excursion and media penetration. The new retailing formats and distribution systems have capitalized on this. Branded footwear from overseas has become popular. Of course, the cost for the consumer is still a concern, due to which even the international brands have had to bring down their prices drastically in order to achieve break-even sales.Comfort is very essential for the Indian footwear consumer. The branded and organized sector has taken advantage of this. However, the awareness about more specialized products like performance enhancing and fitness assisting is still very low in India compared to other South East Asian countries. This co uld increase with time. Also, the young working population is seeing a shift in preference to international trends and lifestyles.One more fact is that women buyers buy more frequently compared to their male counterparts. About 29% women go shopping at least once every quarter. Men account for about 19% of the total purchases of that segment (Indian Retail Report, 2009).As per a study on how consumers divide their wallet spends, about 44% of the urban Nupscale (short for Nielsen Upscale, based on the usage of 12 consumer durable products by the consumers households) buy mens footwear. 41% buy womens footwear. The average annual spend on the products is Rs. 2318 and Rs. 1336 respectively. This study was conducted by Images- AC Neilsen.Women had a role to play in the purchase of mens footwear (26% women to 56% men). Men had a bigger role to play in purchase of womens footwear (34% males to 51% females). Men spent more lavishly on footwear irrespective of whether they were buying for t hemselves or others or gifting. Males spend on an average Rs 2,459 in a typical year on purchase of mens footwear and Rs 1,428 on purchase of womens footwear. Comparatively, women spend on an average Rs 1,875 on mens footwear and Rs 1,265 on womens footwear in a typical year (Indian Retail Report, 2009).Research articlesShopping Orientation in the Evolving Indian Market, a research article by Piyush Kumar Sinha, attempted to understand shoppers from their disposition towards shopping. This was very useful because it has been noted that the differences between retailers are not really significant in terms of the value they deliver. The study managed to bring out the shopping orientation of the Indian shoppers. It said that emotional value matters more than the functional value while shopping. They are also more oriented towards the entertainment value. Based on this orientation, 300 shoppers were divided into 2 segments Fun shoppers and Work shoppers. These two segments had different demographic and behavioral profile. This orientation was primarily affected by the frequency of buying, type of store, and to some extent by the SEC (socio-economic classification). These findings were finally used in order to draw implications for store format, merchandising and pricing (Sinha, 2003).A Typology of Apparel Shopping Orientation Segments among Female Consumers, segmented female apparel shoppers into unique apparel shopping orientation groups. It then developed a profile for each segment by taking into consideration the information sources, lifestyle activities, importance of store attributes, demographics and patronage behavior. Then by using cluster analysis of apparel shopping orientation factors, three groups were identified1) Highly Involved Apparel Shopper2) Apathetic Apparel Shopper3) Convenience-Oriented Catalog ShopperThey were further compared through MANOVA (multivariate analysis of variance) and chi-square statistics. The results indicated that shopping or ientations are a base for segmenting female apparel shoppers. These groups are unique in consumer buying characteristics.They include* 3 factors of information sources (Fashion Publications, Store Fashion supporter/Promotion and Mass Media)* 5 factors of importance of store attrib

Rear Window, by Alfred Hitchcock Essay -- essays research papers

In the movie, Rear Window, Alfred Hitchcock uses the story of a cripple free lance photographer, Jeff Jeffries, to apologise the twisted sense of society in the 1950s. Hitchcock uses clever things from the way the apartments are being filmed to the dialogue between Jeffries, Lisa, and Stella to show societies interest in pain, tragedy, and discomfort, and in the end you see how tragedy is what makes everyone happy.From the very beginning of Rear Window we encounter scenes where Hitchcock shows Stella being sadistic, but we come to realize later that it is not estimable Stella. Stella is just the solitary(prenominal) one who speaks out just about it. You must observe all the other characters actions and reactions to truly see. Stella tells Jeffries that we have become a race of peeping toms and that the only thing that can come out of peeping toms is trouble. In no way do those comments make Jefferies feel like what his is doing is wrong. By his reactions to Stellas comments you rattling feel like they encourage him to continue watching his neighbors from his window. He reinforces the idea that he lives in a corrupted society when he replies to her comments that right now, I would welcome trouble. Jefferies is the source of the corrupted society and as the movie goes on you begin to see him corrupting the other characters, especially Stella and Lisa.When Stella is talking to Jeffries about Lisa and she describes Lisa as a great girl, you see Jeffries have a reaction that ...

Autobiography Essay -- Personal Narrative

I am divorced and the father of 3 children. I grew up in a farm community in North Carolina, and when I was 15, my family moved to Lexington, South Carolina. I attended City High School, taking classes that concentrated on Electrical and Electronic Engineering and math. I also played football from the third grade until I graduated high school. During my Junior and Senior grades of high school, I also worked sectionalisation time for an industrial electrical company. I learned a great deal some life in those years. Most teenagers my age were attending parties or working at the local grocery store. I, however, was working 30 or so hours a week installing electrical motors, 3 phase lighting, and 480 quintet transformers. Once I graduated from high school, my parents wanted me to go to college. I decided that instead of having them pay for it, I would take care of the financial be my own way by joining the United States Army and utilizing the Montgomery G.I. Bill for colleg e. I took the Armed Services Vocational Aptitude Battery (ASVAB) and scored in the top 5% for my class year. What this meant for me was that the recruiters were beating down my door. The U.S. Army made the best offer by laying a book down in front of me and telling me I could pick any job I wanted. I chose wireless communications, because I knew that in 1994, wireless phones, which in those days were the dish antenna phones, were going to be around for a long time, and it was a new technology that had a lot of growing to do. I left for Basic engagement Training (BCT) on November 29th, 1994. I spent the next 10 months in BCT and Advanced Individual Training (AIT). I learned everything there is to know about wireless communications. I graduated AIT at the top of my class an... ... was stabbed recently by a homeless man that I tried to help, and instead of acquiring a thank you, I got a shank between the 10th and 11th ribs.I am one of those people that has a 5, 10, and 25 yea r plan. at bottom 5 years I plan to finish my Masters Degree and move into a director position within Verizon Wireless. Within 10 years I plan to continue my career and help others under me reach their goals so that they, too, can be what they want themselves to be. Within 25 years I plan to partially retire, start my own small company and contract my services out to the wireless companies in the United States. At this point I would begin to travel more and see the world.I extradite led an exciting and full life in my thirty-or-so years. I nominate a lot to show for what I have learned and what I have done. Finishing my degree can only add to what I have already accomplished

Tropicana Drops Package Redesign Essay -- Business Analysis

This article discusses how Tropicana redesigned their advancement and how it plans to bring back the previous version. This interpolate was made in order to attract to a greater extent customers to buy the product.IntroductionThe source for this article was found on New York Times online. Stuart Elliott. Tropicana Discovers Some Buyers Are Passionate About Pacakaging. Retrived Feburary 23, 2009. http//www.nvtimes.com/2009/02/23/ blood/media/23adocl.html? wherefore Change?Tropicana has decided to return to its orginal packaging and symbol of one of the most favorite bands of organge juice. The PepsiCo Americas Beverage division is changing their flagship product of Tropicana Pure Premium organge juice because some of the customers did not like the new design of the product. One of the worst things about the Tropicana redesign was the lost of the famous orange and straw. They described the new packaging as being ugly, and resembling a generic brand. When I first saw the Tropican a juice pacakaging, I thought that it was a store brand. consequently I did not purchase the product because I assumed that it would not taste the same. The new design made it more difficult to distingush among the varities of Tropicana juices. A mess hall of the customers missed the old design which consisted of an organge with a straw in the middle. According to our text, a firms external envionment consists of all the conditions and forces that affect its strategic options and outline its competitive situation. (Pearce & Robinson. 2009, pg. 12). The customers who used Tropicana felt better buying the orginal tropicana because they said that the organge symbol meant to evoke fresh taste. When you change the packaging of the product, most olfactory perception as though the conte... ...ny more ways to come up with new products for them to try. If customers are dissatified, it gives the company an opportunity to allow customer feedback and be able to change what they do not like about the product and to improve it. Tropicana has been around for a long time and some customers are use to drinking this pleasing of organge juice. I know the customers did the right thing by voicing their opinion because if they didnt the company would think that customers were pleased with this new design when apparently they didnt like it at all.Works CitedPearce J., & Robinson R. (2009). Strategic management Formulation implementation and control (11th ed.) New York McGraw-Hill Irwin.Stuart Elliott. Tropicana Discovers Some Buyers Are Passionate About Pacakaging. Retrived Feburary 23, 2009. http//www.nvtimes.com/2009/02/23/business/media/23adocl.html?

Willa Cathers Short Story Pauls Case Essay example -- Willa Cather P

Willa Cathers Short Story Pauls CaseIn Willa Cathers short story Pauls Case we learn of a unripe man who is fighting what he fears most to be as common and plain as his world around him. How others perceive Paul only encourages him to adjoin his dream of escaping his monotonous lifestyle. Paul feels he is drowning in his everyday environment and his only breath of air is his savior the theater.Paul has very little lodge in in his class studies. This leaves him open to distraction and eventually criticism. Although Pauls appearance is that of a perfect gentleman, his teachers find his behavior inappropriate and unacceptable. The narrator draws situation attention to Pauls eyes describing them as remarkable for a certain hysterical brilliancy(Cather 245) this is followed by the response of his teachers who find it peculiarly offensive activity in a boy(Cather 245). Pauls meeting with the schools principal continues as each of his teachers get an opportunity to voice their disgust with Paul. The whole cartridge clip Paul stands there never losing his smile. This is dubbed irritating to the last degree (Cather 246). For Paul this is his sign of strength. He refuses to allow his teachers, of such simple minds, to tear at his soul. They invite no understanding of Pauls behavior and do not wish to learn. After the meeting his teachers felt remorse for their onslaught against this mere boy. unrivalled remarked on the similarity to a miserable street cat set at bay by a r...