Monday, August 24, 2020

Julius Caesar Essay: Loyalty and Justice in Julius Caesar

Faithfulness and Justice in Julius Caesar  In Shakespeare's Julius Caesar, one must peruse the content near track the moving inspirations and loyalties of each character as the play advances. A significant factor that must be remembered while perusing is the level of dependability, as such, how much characters carry on of an inspiration to help other people. All through the play, each character's present level of steadfastness to others is plainly displayed by words or conduct †this remains constant for the characters of Brutus, Cassius, Antony, Portia, and Calpurnia. The emphasis on dependability is basic in light of the fact that before the play closes a fair equity is dispensed to various individuals who neglect to satisfy a normal standard of dedication to other people.  â â â â â â â â â â Mark Antony, for instance, starts the play unequivocally faithful to Caesar, and his activities through the demise of Caesar in Act 3 are plainly spurred by his longing to help Caesar's motivation. Something turns out badly some place, however, as by 4.1 Antony is occupied with dividin...

Saturday, August 22, 2020

Victoria Rose Designs BRExecutive SummaryVictoria Essays - Economy

Victoria Rose Designs BRExecutive SummaryVictoria Rose Designs has been working as an effective producer and retailer in Melbourne for as far back as 10 years. The organization producers their things locally in Australia, anyway their information sources and materials are sourced all around, making disappointed clients because of defective pieces of clothing. As of late the organization has seen a misfortune in piece of the pie because of defective items, obsolete innovations and poor client support, putting a clutch their arrangements to grow. This report will plot the job of tasks the executives. It will likewise clarify two activities impacts that influence the administration choices of the organization. Finally, this report will propose and legitimize two activities systems that administration can acquaint with address the issues the organization is at present confronting. Job of Operations ManagementSince Victoria Rose Designs is both a maker just as a retailer the job of activi ties is critical to the business. The job of tasks is expected to coordinate the clients desires from what has been promoted by the business, training the fundamental quality controls. In an assembling business, for example, Victoria Rose Designs, activities alludes to the procedures engaged with transforming crude materials and assets into yields of completed merchandise or items. Accordingly, alluding to the business forms that include the change or creation of products and enterprises. Alongside this worth including is another significant piece of activities the executives, as the nature of the creation can add to the estimation of the item. InfluencesQuality Expectations The desire for quality is a noteworthy impact on the tasks capacity of the business and vigorously influences the administration choices at Victoria Rose Designs. Because of the organizations items being fabricated locally it is expected by clients that the items offered are of high caliber. Be that as it may, t his is repudiated as the organizations principle objection is their defective items which has brought about the loss of piece of the overall industry. This exhibits the effect of value desires on the administrations choices as the organization must choose whether or not to locally source contributions to request to raise piece of the pie and proceed with the development of the business. Despite the fact that privately sourced information sources will end up being progressively costly, by doing this the business will have the option to raise the cost of the products, being legitimized by the quality. Be that as it may, if the business were to proceed in their present ways there could be a further decrease in the organizations piece of the overall industry. Along these lines, the impact of value desires is essential for the organizations plans of development and development. TechnologyTechnology is another significant impact on Victoria Rose Designs that influences the choices of the organizations the board. This is apparent through the tended to issue of the organizations obsolete gear and structure strategies. On account of this the organization has fallen behind contenders, appeared through their declining piece of the overall industry. Because of the absence of new or driving edge innovation the organization won't have the option to remain in front of their rivals or hold their quality to an exclusive expectation, showed by the expansion in defective pieces of clothing. Despite the fact that these new advances come at an enormous cost the advantages through utilizing refreshed or driving edge innovation the organization will have the option to deliver bigger measures of items just as a higher caliber of items. Hence, by deciding to put resources into refreshed innovations Victoria Rose Designs will have the option to accomplish their objective of further growing their business.Operations StrategiesPerformance Objectives - Quality of DesignQuality of configur ation is critical to a garments retailer/producer, for example, Victoria Rose Designs. This is on the grounds that the plan can decide the sources of info required, and how the change procedures will be masterminded so as to create the completed great. It is apparent that the organization has had issues with their structure techniques because of them being obsolete, alongside their utilization of modest materials. Regularly, a top notch structure for a cooperative attitude be obvious from the top notch materials utilized in assembling, the consideration and introduction, practical the great is, the appearance of the great and to what extent enduring it is. All around planned and created merchandise will ordinarily pull in a more significant expense contrasted with lower quality items. As an exhibition objective, the business needs to choose the nature of item it will convey to

Tuesday, July 21, 2020

What You Need To Know About Medical Assistant Essay Topics

What You Need To Know About Medical Assistant Essay TopicsIf you are thinking about preparing a medical assistant essay topic, you should know that there are many different aspects that will need to be covered in order to come up with the perfect one. You should take the time to read through the other essays that you have submitted so that you can get an idea of how the admissions committee will view your essay.One of the things that you will want to do is research the medical assistant essay topics that other students have used. This way, you will be able to pick the one that has the best chances of getting you into medical school. Knowing what other people have used will also help you to avoid doing something that is not going to work for you.Some people have not taken their coursework seriously or have taken it so seriously that they are not able to maintain a current grade point average. These people are often faced with the same problem as any of the people that do not keep thei r grades up; they do not do well in college, and they do not get accepted to medical school. If you can prove that you take your studies seriously, it will help to make your essay a success.The first thing that you need to do in order to write a good essay is to take care of your skills. In order to write well, you need to know how to do the job and how to do it well. Make sure that you research everything on the job. You will not only learn how to do the job, but you will also get the experience that you need to do it right every time.When writing medical assistant essay topics, you will want to make sure that you include all of the major areas that you need to cover. First off, you will want to take care of the skills you learned while you were in school. It is important that you did not drop out of school while you were studying. Not only are there things that you will be learning, but there are things that you will be applying as well.You need to make sure that you study things like the current medical history of the state that you are in, and the medical practice that you are in. You will want to make sure that you include everything you need to know about the areas that you are working in. This will give your essay a good amount of information, which will help you add some flair to it.The next thing that you will want to take care of when you are working on your medical assistant essay topics is your education. Make sure that you have the background that you need to apply for admission to medical school. You will want to read books that will give you the information that you need to apply to the school. Make sure that you know all of the requirements that they have before you go to the office and fill out your application.Once you have all of the information that you need, you will want to make sure that you use this information to make your essays stand out. You need to make sure that you have an essay that is compelling and does not bore the admissions committee. This will help to ensure that you do not get declined for admission to medical school. This is an important step in the process of preparing your application, and if you put your mind to it, you will find that you have it down.

Friday, May 22, 2020

Social Networking Sites Are Anonymous Essay - 1173 Words

Priyanksinh Kapletiya ENG 112_08 Ms Christine Staco November 18, 2015 Social Networking Sites Are Anonymous Facebook, Twitter, Myspace. Admit it, you know you have one. Chances are you’re probably logged on at this very time. Social networking sites such as these have become such a regular part of daily life, and they’ve probably become part of your daily routine for example: we check our Facebook after wake up and Shower. Drive to the any store, write about it on social network. While Facebook and Twitter are easy ways to communicate with friends, family, and other people. Many people stop to consider the implications its usage may have for them in the future, or the hidden dangers of having an account. Moreover the total loss of privacy that comes with these networks, they can also affect your eligibility for employment, allow unknown predator’s access to private information, and harm peoples’. In addition, studies have shown a negative correlation between Facebook use and college GPA. (Vanden Boogart 57). I am proposing that people delete their Facebook and t heir twitter, take a break from cyber life, and return to their real land living Please do not feel that I am arguing on social networking users or any one of personal level. Myself I’m using Facebook and twitter, and I understand that it easy to spend much more time than planned on the network. With such a dynamic structure and constantly changing status updates, it’s easy to get caught up in the constantly changingShow MoreRelatedFreedom and Constraints in Social Media Essay1587 Words   |  7 Pagesthrough Anonymous A new age has developed and society is altering to adapt to new forms of technological communication. Through the use of the vast Internet through the use of social networking, image boards, blog sites and news media, society is altering in a way never seen before. Over the past couple of decades, the use of the Internet has expanded and grown exponentially as new technology develops. Since the introduction of social networking as well as alternative news media sites, the wayRead MoreAnonymous Social Networks: Nameless Commentary Harming Society865 Words   |  3 PagesSocial networks have evolved from AOL, Myspace, Facebook, and now we have an array of anonymous social networks emerging. I use social media regularly and I notice how anonymous social networks like Yik Yak and Secret are popular on the College of Charleston Campus. Established in 2012, Whisper allows users to send and receive messages anonymously. In addition, Whisper has general posts that are creatively embedded on a picture. Secret differs from most anonymous sites like, Yik Yak and WhisperRead MoreSocial Networking And Its Effects On Society988 Words   |  4 PagesNowadays everyone has accounts on multiple social networking sites and they spend a lot of time on updating the developments in their daily life and uploading various media like pictures and videos. People really enjoy doing this kind of activity, to be able to communicate with their friends, family members, and also meet new people. For certain people who use social networking as a marketing forum, this is an effective method. However social networking comes with its own share of negative effectsRead MoreThe Is An Internet Moral Panic Essay1568 Words   |  7 Pagesor society and are obsessed with love. With the connection of the internet, social media, and teen it has created completely new moral panic; catfishing. According to, to Merriam-Webster catfishing is defined as an individual who creates a fake profile on a socia l networking site to deceive or manipulate others (Catfish). Primarily, those who catfish use their fake profiles to gain romantic relationships with other social network users. Teens began creating fake profiles through their instinct ofRead MoreOnline Activities And Social Media1325 Words   |  6 Pagesbegin targeting social media users who match their profiles with online ads. As a user of social media, I often do online research on a particular topic or item I’m looking to buy to compare features and learn more about it. The next time I check my yahoo mail account, the side banner advertisements have all the items that I’ve recently searched online. It’s creepy. Social media users seem to have a false sense of privacy because it feels somewhat anonymous. It is anything but anonymous. Even the governmentRead MoreAnonymous Group1600 Words   |  7 PagesAnonymous Hacktivist Group Anonymous is an international group that is dedicated to computer hacking, using the Internet as their main weapon. They were formed in the years between 2003 and 2004 originating from an imageboard web site named 4chan. Their members’ real identities are not known, as they are always maintaining anonymity within their operations and messages. They are represented by a logo of a headless suited man, than instead of a head has a question mark. The group has become famousRead MoreEssay High Tech Offenders868 Words   |  4 Pages Social bond theory Roman meydbray 27 from San Jose. A former information technology manager of creative explosions pleads guilty to getting unauthorized access to a computer of his former employer. According to the court after two weeks of his termination he got access to the computer system and deleted an email server domain and accesses the email account of the president of creative explosion. He changed the mail server to reject every Incoming email causing them many losses. Social bondingRead MoreEssay about The Role of Social Media in American Society 1127 Words   |  5 PagesWhen analyzing the role of social media in American society, several questions come to mind. What is social media and are these social media and networking sites helpful to the people of America; can these sites be used to enhance or do they intrude in the relationships people have with others, and can they be integrated into their daily lives successfully. As the world becomes more and more technology friendly, the interne t has transformed into a place that nearly everyone can go to get away. WithRead MoreExploring The Motivations For Using Social Media, And Will Focus On Self Presentation1424 Words   |  6 PagesSocial media sites are taking over our lives and the number of active users has increased dramatically in the last decade. 65% of American adults use social media today, compared with a meagre 7% in 2005 (PewResearchCentre, 2015). Facebook is the largest social networking website, with more than 1,550 million active users as of January 2016 (Statista, 2016). This essay will explore the motivations for using social media, and will particularly focus on self-presentation. One common theory suggestsRead MoreSocial Networking Affects Our Youth939 Words   |  4 Pages Social networking has become a norm in our society. Facebook, Instagram, Twitter, Snapchat, Myspace are but a few examples of the relatively new phenomenon of online social networking that play a significant role in our daily lives. 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Thursday, May 7, 2020

General Maths Trial Paper Hsc - 1944 Words

Centre Number Student Number 2008 TRIAL HIGHER SCHOOL CERTIFICATE EXAMINATION Business Studies | |Total marks – 100 | | | | | |Section I Pages 3 - 6 | | |20 marks | |General Instructions†¦show more content†¦What is the gross profit for this business? A) $141,000 B) $238,000 C) $151,000 D) $122,000. 4. Which of the following strategies would improve the level of grossShow MoreRelatedHsc General Math Textbook with Answers153542 Words   |  615 PagesEdited by Marcia Bascombe Designed by Sylvia Witte Typeset by Aptara Corp. Printed in China by Printplus Limited. National Library of Australia Cataloguing in Publication data Powers, G. K. (Gregory K.) Cambridge HSC general mathematics / G. K. Powers. 9780521138345 (pbk.) Cambridge general mathematics. For secondary school age. Mathematics–Textbooks. Mathematics–Problems, exercises, etc. 510 ISBN 978-0-521-13834-5 Paperback Reproduction and Communication for educational purposes The Australian CopyrightRead MoreMarking System Is Better Than Grading System17277 Words   |  70 Pagesbenchmarks to monitor standards over time and between countries. All of these systems for monitoring the standards of SQA examinations continue to evolve. Nevertheless, users’ assumptions about grade equivalence should be treated with caution. A general concern is expressed about the ways many users of SQA and other UK qualifications are treating reported grades. UCAS tariffs and most value-added calculations assume that grades are at the interval or even ratio levels of measurement. SQA more modestlyRead MoreContemporary Issues in Management Accounting211377 Words   |  846 Pagescondition on any acquirer British Library Cataloguing in Publication Data Data available Library of Congress Cataloguing in Publication Data Data available Typeset by SPI Publisher Services, Pondicherry, India Printed in Great Britain on acid-free paper by Antony Rowe Ltd., Chippenham, Wiltshire ISBN 0–19–928335–4 978–0–19–928335–4 ISBN 0–19–928336–2 (Pbk.) 978–0–19–928336–1 (Pbk.) 1 3 5 7 9 10 8 6 4 2 3 FOREWORD ‘ Michael Bromwich is an exemplar of all that is good about the BritishRead MoreManaging Information Technology (7th Edition)239873 Words   |  960 Pagesor all caps. Library of Congress Cataloging-in-Publication Data Managing information technology / Carol V. Brown . . . [et al.]. — 7th ed. p. cm. Includes bibliographical references and index. ISBN-13: 978-0-13-214632-6 (alk. paper) ISBN-10: 0-13-214632-0 (alk. paper) 1. Management information systems. I. Brown, Carol V. (Carol Vanderbilt), 1945T58.6.M3568 2012 658.4038011—dc22 2010048598 10 9 8 7 6 5 4 3 2 1 ISBN 10: 0-13-214632-0 ISBN 13: 978-0-13-214632-6 BRIEF CONTENTS Chapter

Wednesday, May 6, 2020

India Becomes Super Power in 2020 Free Essays

Skip to Navigation Skip to Content OPPapers. comResearch Papers and Essays for All Join Login Writing Service Help Contact Us Question? Email Us Join Search Get Better Grades Today By Joining OPPapers. com and Accessing Over 325,000 Articles and Essays! get better grades Will India Become A Superpower? Home Page » Biographies » Science and Technology Will India Become A Superpower? Sixty years ago, in the summer of 1948, our nation, then newly born, was struggling for its very survival. We will write a custom essay sample on India Becomes Super Power in 2020 or any similar topic only for you Order Now In January, Mahatma Gandhi had been murdered by a Hindu fanatic.The act had shocked many Indians, but apparently it had the approval of some. According to one news report, the jailed assassin, Nathuram Godse, received an average of 50 letters a day expressing admiration for his action. This was part of a much wider right-wing, religious, reaction against Partition. Hindu and Sikh refugees from Pakistan were calling for retribution against the Muslims who had stayed behind in India. The relations between the two communities were poisoned further by the tribal invasion of the state of Jammu and Kashmir. With the raiders aided and equipped by the Pakistani army, the religious conflict had, inevitably, become a national one. A bloody battle was on in the high mountains of the Himalaya, as the Indian Army sought to rid Kashmir of the intruders. Six weeks after Godse fired thoseIs this Essay helpful? Join OPPapers to read more and access more than 325,000 just like it! get better grades three shots from a Beretta pistol in New Delhi, the then undivided Communist Party of India (CPI met in a secret conclave in Calcutta. At this meeting, the leadership of the CPI was taken away from a gentle and very cultured Kumaoni named P.C. Joshi. Joshi wanted the Communists to collaborate with Jawaharlal Nehru’s government in building the new nation. His replacement, an austere Maharashtrian named B. T. Ranadive, believed on the other hand that the transfer of power from British to Indian hands was a sham, and that Nehru and his men were puppets of the Western imperialist powers. He took the Communists towards a new ‘people’s war’ line, which mandated the overthrow of the Indian State through armed struggle, and its replacement by a single-party dictatorship.In June 1948, the infant Indian State looked very fragile indeed. It was pierced from the left by the Communists, and pinched from the right by the Hindu extremists. And there were other problems aplenty. Eight million†¦ Read Full Essay Already a Member? Login Now  » This essay and over 325,000 other essays are available now on OPPapers. com. Submitted by: tell2tahir Date Submitted: 08/23/2010 03:18 AM Category: Science and Technology Length: 46 pages (11,385 words) Views: 776 Rank: 3936 Report this Essay Save Paper Related Essays Can India Become A Superpower?Will Europe Become A.. . Is India A Science Superpower? From Ambition To†¦ India Superpower India Vs. China Telecommunications In India India Inc, China: A Superpower? India In World Science India In 2020 Is India Really Independent ? India And China : Economics India’s Economic Success Rise Of The Superpowers.. . Brand India India India Growth Do India Need Credit†¦ India Asean Free Trade†¦ The Real Fact Of Emergence†¦ â€Å"The Impacts Of Fdi On†¦ Gdp India Clinical Trails: Legal. .. I Am 18 And I Can Vote†¦ Pax-Americana Critically Evaluate The.. . A Comparative Analysis Of†¦Religion And Politics Project Report Read Full Essay Already a Member? Login Now  » RSS  ©2010 OPPapers. com Help About Us Our Blog F. A. Q. Follow Us on Twitter Site Stats Top Donators Top Colleges Top Visitors Popular Topics Newest Members Newest Papers Legal Terms of Service Privacy Policy Copyright Note Sitemap Saved Papers Save papers so you can find them more easily! Join Now Get instant access to over 325,000 papers. Join Now Recent Topics Rehabiliate And Deter†¦ The Importance Of.. . Consumer Behavier†¦ Internet And Children†¦ Robin Hood Case Study Public Policy Making†¦ How to cite India Becomes Super Power in 2020, Papers

Sunday, April 26, 2020

Mimco Marketing Mix free essay sample

The following document will outline potiential new business opportunites for Mimco and also investigate what the objectives are of these opportunites and what stragagies will be implemented to generate sales and revenue growth. 1. 0 Mimco Environmental Analysis 1. 1 External Macro Influences Marketing Environment Category| Specific Trend, Change or Event| Monitoring Information Source| Demography| More women are choosing careers over family, therefore they have more disposable income. The median age for women to get married today is 28, which means there are many young women in Australia with a significant disposable income to spend on them selves. | www. abs. gov. au | Economic Conditions| Consumer spending appears to have turned the corner following the strongest monthly growth in sales in 18 months, according to the latest Commonwealth Bank Business Sales Indicator (BSI). Mimco is considered a shopping good, therefore sales can be influence by interest rates, unemployment rates, rate of the Australia dollar. The stage of the business cycle, the economy is moving from rescission to recovery. We will write a custom essay sample on Mimco Marketing Mix or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Mimco ‘s CEO, Iain Nairn, has previously discussed the importance between balancing cash flow in and out of the business very closely with sales retails figures. In tougher economic climates where sales have been forecasted lower, Narin has managed this by reducing orders and production costs during this period. | Internal reports, Income Statements, Balance Sheets, Profit Loss Statement, Sales data. External sources, Retail Trend Data, Financial Figures, Market Trend Data. www. abs. gov. au| Competition | In fashion, it is all about brand and product; hundreds of billions of dollars are spent each and every year in the fashion industry. Indirect competition from every other firm trying to win the customers purchasing power. Monopolistic competition – many competitors, Mimco’s product is differentiated by quality and brand, predominately has control over the price, easy to enter into the market. | External Share Market reportsInternal Share Market Market Growth metrics| Social Cultural Forces| Being a fashion accessory Mimco leverages off consumers who are happy to spend their income on experiential goods and services such as personal appearance products, and those consumer who live for today rather than prepare for tomorrow. Significant factor to its target market is that well over half of all women are now in the workforce therefore they also have different needs; women working outside of the home have different needs for clothing from those working at home. Impulse buying trends may also have an effect on Mimco’s market as they attract customers with sales promotions through their websites, placing limited time only promotions on to encourage fast purchase decisions. The economy has influenced impulse buying, there appears to be a new trend were it is more socially acceptable to be seen saving money rather than spend it. | External Reports highlighting were consumers are spending their money. Internal Surveys through on line website members| Political Legal Forces| Monetrary and fiscal policies can have a major influence on the spending trends of consumer, particular in the fashion industry as fashion products are generally classed as shopping goods rather and convenience goods. More recently as the Australia dollar increased so did on line shopping for overseas products, this triggered debate as to whether GST should be imposed on line shopping. This would impact Mimco as they have an online shopping presence. | www. ato. gov. au | Technology| The digital economy affects everybody, particularly retail, retailers will need to adapt to the new environment of the rapidly expending trend of on line shopping. In early 2011 about 25% of mobile users are shopping online with their mobile, eBay reported an item is bought from a mobile every 15 seconds. The online economy is booming for some online markets with revenues increasing by up to 40% during 2010. Mimco have established them selves in the digital market, their full product range is available on line. It is evident from the above figures that this is a trend which will continue to grow| Research in to other online retails methods and systemsIT business for advice on best operating systems Online data trend reports| 1. 2 External Micro Environment As any other competitive business, Mimco actively monitors the markets and adjusts the marketing mix to ensure efficiencies are achieved in managing their customers and competitors. Other factors to consider in the micro environment are suppliers and middleman. Mimco has a direct distribution channel from their supplier therefore do not need to consider marketing middleman, however would need to consider maintaining good relationships with business suppliers to ensure suppliers can meet the demand of production. 1. 2 The Internal Environment Equally important to monitoring the external environment, Mimco must manage the internal environment, usually involves managing the relationship between the marketing department and non marketing departments of the organisation. Mimco would have particularly drawn on these relationships at the time of planning to enter the British market 2008. Making a successful move into a new market requires the combined effort of sharing resources and information between internal groups such as marketing, finance, HR, research and development, and certainly many other factors would have been taken into consideration. 2. 0 SWOT Analysis Strengths * High quality product * Established brand equity * Unique distinguishable design * Direct distribution * Online store * Limited direct competitors | Weakness * Selective distribution * May be considered over priced * Rely mostly on PR and On line/In store sales promotion * Minimal approach to advertising| Opportunities * Winter Jeans line * Summer Swimwear line * Expansion into other Europe countries * Expand promotional method to include advertising * Leverage of brand equity * Sponsorship in fashion industry | Threats * Entry of new competitors * Indirect competition for consumers spending money * Economic condition * Maintaining the edge in fashion industry| 3. Ansoff’s Product-Market Growth Matrix Present Products New Products Option 1Marketpenetration| Option 2Product development| Option 3Marketdevelopment| Diversification| Present Market New Market Continued growth is the key to Nairn business strategy, he works on what he calls a â€Å"three horizon† s trategy, simultaneously looking after the core business, developing new initiatives in the  core business, and seeding future investments. The following 3 business opportunities each address one of Nairn â€Å"three horizon† business strategy, market penetration, product development and market development. 1. Expansion of Advertising channels (Market Penetration) 2. Winter Jeans range (Product Development) 3. Expansion into other European markets (Market Development) 3. 1 Expansion of Advertising channels Mimco have not previously invested heavily in advertising as part of their marketing mix, mostly relying on sales promotion through their retails stores and online store. The Mimco website displays an advertising campaign which is launched at the beginning of each season. As money is already being invested in featuring an online advertising campaign, this campaign could easily be translated into print media. The minimalist approach to advertising adds to the uniqueness of Mimco, however exploring options in the right print media could lift their product and brand exposure. Limiting print media to fashion savy magazines such as Vogue would ensure Mimco maintains their sense of individualism and avoid saturation the market with advertising. Engaging in advertising at the launch of each season could be an avenue to generate additional interest and increase sales. To run a single page spread in Vogue costs approx $12K and up to $20k for a double page. Vogue is a national distribution and also has international addition which could be used to drive consumers to the website for on line sales. 3. 2 Winter Jeans Range A jeans range would be an additional product to Mimco’s current product range of bags and accessories. The product would be classed as consumer shopping goods with a product life cycle being as long as the season it is relevant to, winter. The new product would carry the family brand name Mimco and would replicate the same level of high product quality and design as it Mimco bag range. Leveraging off the brand equity, the jeans range would also follow similar pricing goals as its bag range, sales orientated goals and using competition based pricing. Mimco would continue using the current distribution channel through stores and on line stores and perhaps consider introducing advertising to the promotional mix to coincide with the product launch each season. Having achieved success through their bag range it would appear Mimco have identified a successful target market, it would be to their advantage to continue working in the same target market and continue to position themselves by price and quality. Costs to consider would include working through the several steps associated with the new product development process, particularly high costs at the commercialisation stage of a new product. A company would not invest into new product unless there was reasonable belief that the product would generate sales and growth. 3. 3 Expansion into European markets Mimco have successfully expanded into overseas markets including Asia and Britain. Continued expansion into other European countries would further strengthen Mimco’s position as an internationally recognised brand in the wider international market. In very broad terms Mimco could consider replicating existing products, localising existing business systems in to a new market, and using the earlier mentioned marketing mix as a basis. Critical to investigating a new business venture is investing resources into researching to assess business viability in new market. Having previously moved into a new market, Mimco would need to again consider * The external macro and micro environment influences in new market * The internal environment – efficient coordination of resources and information * Cost of research and development Cost of setting up new operations * Capital investment and return on investment goals 3. 4 Comparing the 3 Business Opportunities 1. Expansion of Advertising channels (Market Penetration) 2. Winter Jeans range (Product Development) Foll owing the review of option 1 2, it would be beneficial to consider combining both options as one strategy. In the below table this combined strategy has been labelled on The BCG Matrix in the Question Marks quadrant by a red dot. This quadrant represents high market growth and low market share, however the future expectation of the proposed strategy is to shift from low to high market share and move down into Cash Cows quadrant. Launching a Winter Jeans Range into a fast growing fashion market, whilst also leveraging off Mimco’s strong brand, combining this with new advertising and existing sales promotional activities, there would be potential scope to move into the high end of market share. It would be difficult to achieve the Stars quadrant as this is usually occupied by the market leader. Using a combination of pricing, promotion and advertising should ensure the strategy does not slip into the Dogs quadrant, instead moving into the Cash Cows quadrant. This quadrant is representative of a more mature market and settled market, with the anticipation of the jean’s range being launched as a limited edition, season only items. 3. Expansion into other European markets (Market Development) Choosing this option, again the business would most likely be positioned in the Questions mark quadrant, with the future view to move into the Cash cow market. Moving into a new market there is an initial period were the business will not be generating profits immediately and are usually running at a loss to commence with, low market share is usually a trait at this time. As discussed earlier, the fashion market has a strong growth rate therefore making it an attractive market to work in to gain market share. Based on Mimco’s success in current markets and their successful move into Asian and British market, Mimco has the previous knowledge and experience in understanding what is required to successfully enter a new market. It would be predicted following a certain period of time Mimco would move into the Cash cow quadrant which reflects a stable market; the Cash cow quadrant is where Mimco is presently positioned in their present market The BCG Matrix Relative Market Share of SBU (Ratio) High Low Stars| ? ? ? Question Marks| Cash Cows| Dogs| High Market Growth Rate (% pa) Low 4. 0 The Proposal Implementing Winter Jeans Range New Advertising Channels 4. 1 Strategy The general strategy of the Jeans range would be to successfully replicate that sense of uniqueness and individualism that other Mimco products carry. The Jeans will carry the family brand name to ensure the jeans prompt brand recognition through quality and style which Mimco represents. The key would be to leverage off Mimco’s existing market share and continue to work in the current target market. 4. 2 Product The Mimco Jeans range would reflect the characteristics of the current Mimco bag range, the jeans would be * A stylish fashion item, the design would reflect the winter trends in for the season * Made from quality denim fabric * The Jeans would be identifiable by ‘the button’ on the back pockets of the jeans; this would replicate ‘the button’ which is identifiable on Mimco’s bag. 4. 3 Product Life Cycle The jeans would have a short product life cycle and would only be available throughout the winter season. Each winter a new style/design/range of jeans will be released, no old season product will be carried over to next winter season, planned obsolescence strategy. The motive for implementing limited availability of the product is to create a sense of ‘uniqueness’ to those consumers who purchase them and they will also know that there jeans will not be replicated in the future. 4. 4 Pricing The jeans would be priced to reflect the products * Good quality * Stylishness * Value of the Mimco brand The higher end of Mimco’s bag range start from $300 to $500 dollar per bag. Other brand jeans in the market who carry good quality brand names also sell in this dollar range. Mimco jeans would be priced in this range also. Profit orientated pricing goal would be used to achieve a target return on sales and to maximise profits in the short term. The reason for this strategy is due to the seasonal release of the product, Mimco would be seeking to make a return on investment in that particular season. Alternatively Mimco could initially implement Sale Orientated pricing goal until the product is well established, then change to profit driven pricing, however this would mean earning less than maximum profits under sales orientated pricing. 4. 5 Distribution Mimco presently had an optimal distribution channel, with it being virtually direct to their retails stores or to their online shoppers. This efficient distribution channel certainly assists in getting their product into the consumer hands as soon as possible; there are no middlemen or intermediaries Present distribution channels * Mimco stores * David Jones * Westfields * Online Store It is recommended they maintain the above channels to ensure do not saturate the market which could affect the image of their ‘unique’ brand. 4. 6 Promotional Mix * Personal Selling Mimco does not have a high demand for personal selling due to the selective distribution channel, most of their stock is carried by their own retail stores. For the small number of other retailer who do carry Mimco product such as DJ’s Westfields, there would be an initial introduction of the product to these stores through a sales representative. The sales rep should negotiation and reach agreement with the retailers regarding the details of how the jeans should be displayed, how much space and exposure should be given to the jeans to ensure maximum exposure of the product in store. The rep may also have advertising material to use in store which would material relating to the product launch campaign. * Advertising – Presently Mimco only launch their new season products through an online campaign on the website. With the anticipated launch of the new jeans range, Mimco could further invest in creating hype around the new product launch through their website and through their Facebook page. It is recommend Mimco introduce print media to their advertising channel, however keep it restricted to mediums which truly reflect the value of their brand for example, high end fashion magazine Australia Vogue. Vogue’s target audience is described as smart, stylish, females; 25 – 54 with high disposable incomes, this segment aligns with Mimco target market, and would be real opportunity to reach our target through the magazine. Print ads should be run to coincide with the launch of the new product. Mimco could consider placing images from the campaign launch on shop front windows; placing coordinated marketing material in store which blends with the current decor style of the store. The presence of the advertising in store should be keep to a minimal to ensure it keeps in line with its present ‘unintentional’ retail marketing technique * Sale Promotion – During the introduction phase of the new product it would not be recommended to offer sales promotion directly relating to the jeans as we do not want to ‘cheapen’ the image of the new product. If sales promotions are used, they could be implemented though the online channel where members who purchase a pair of jeans either on line or in store received a 10% discount on another Mimco product. Sale promotion could be used as a tool further into the season if jeans sales are not reaching sales targets or alternatively at the end of the season to ensure all stock of jeans are sold out. There should be no in store sales promotion on the jeans. * Publicity and PR – Following the launch of the jeans perhaps a feature article could be run along side and advertisement in Vogue mag azine, a double page feature. Mimco could develop a relationship with the charity organisation, Jeans for Jeans day and consider being a major sponsor of the day. 5. 0 Launching the Winter Jeans Range The launch of the jeans will be implemented through a coordinated marketing campaign using * Mimco Website – on line campaign * Print Media – Australian Vogue magazine * In store advertising The campaign would carry the same theme throughout all channels. The theme would carry the slogan * ‘Leg it to Mimco’, ‘Don’t run bare this winter’ * The tag lines would be placed on a picture of a woman’s bare legs running, in the back drop of a field or something that represents a ‘soul’ feeling, which would keep in sync with Mimco’s overall theme. The campaign would run in the month leading up to beginning of winter * At the commencement of winter the picture of the woman’s bare legs would change to her wearing the new Mimco jeans, clearly showin g the identifiable ‘button’ on the back pocket of the jeans. * The tag line would then change to ‘Leg it to Mimco’ ‘Be the first to try them’ 5. 1 Measuring Results Mimco could implement a number of metrics to measure the success of launching the jeans line and the value of investing into the advertising. Mimco would need to consider setting sales targets and profit targets based on achieving a return on investment. It would be essential to understand all the costs associated with the development and production on the new product and costs associated with launching the product. One method to measuring the ratio of Advertising expenses to Sales ratio, this is calculated by using the following formula. Advertising Spend ($) Advertising expense to sales ratio = ______________________ x 100 Total Sales ($) This measurement could be implemented at the end of the winter season; these figures could then be compared against the next season figures. In store sales can be measured using the below formula, this calculation can be used to measure stores individually and also all stores on a national level and include on line sales. Actual Sales ($ or units) Performance to target = _____________________________ x 100 Target Sales ($ or units) Gross profit on Sales Gross Profit Margin achieved = _________________________ x 100 Targeted gross profit ($) As the above formulas suggest Mimco could measure in either dollar value or in the number of jeans sold. Measuring in either dollars or sold number of units would still require an understanding of all cost associated with the product. Mimco’s Website supports online sales and have all their current products range on line available for purchase, the jeans would also be available for purchase on line. Monitoring the on line campaign launch can be measured through a number of methods including; * Validation – has the number of people who visited the website increased * Length of stay – average time spent on website Purchase rate of jeans – the proportion of visitors who click through to the campaign and subsequently make a purchase * Response rate – Mimco have a number of bloggers on site and also a Facebook page who generates discussion about Mimco products and re cent activities – monitor discussion relating to the launch of the campaign. * Presentation of discount coupons in store which are available to on line members only All the above measure are not exhaustive measure and cannot be 100% accurate however they can still be implemented as used as a informative tool for measuring and comparing activity from period to period. 6. 0 Conclusion In conclusion, restricting the launch and distribution of the jeans range in the winter season only could be a good way to test the real markets response to the jeans. If they are launched under the banner of ‘winter only’ product and the success of the jean are not as predicted, the exit strategy from the product would be quite simple and could be done with minimal damage to the brand. However when considering Mimco’s present brand equity in the fashion market and their target market, double with a solid marketing mix and well planned out and coordinated product launch campaign, it should be an achievable goal to reach success with the jeans range. 7. 0 References 7. 1 Rix, P. 2011. Marketing a Practical Approach, McGraw-Hill Australia Pty, Ltd 7. 2 Smart Company http://www. smartcompany. com. au/retail/witchery-and-mimco-push-ahead. html (accessed 17 March 2011) 7. 3 Digital Outlook http://www. digitaloutlook. com. au/article/mimco (accessed 17 March 2011) 7. 4 Taboo http://www. taboo. com. u/taboo_campaigns_mimco_ss10. html (accessed 19 March 2011) 7. 5 The Report http://www. theprreport. com. au/2010/11/taboo-group-use-blogg ers-to-help-launch-fashion-brand-mimco/ (accessed 19 March 2011) 7. 6 NAB http://www. nab. com. au/wps/wcm/connect/nab/nab/home/about_us/8/5/32 (accessed 20 March 2011) 7. 7 CBA http://www. commbank. com. au/about-us/news/media-releases/2011/180311-business-sales-indicator. aspx (accessed 20 March 2011) 7. 8 Budde http://www. budde. com. au/Research/Australia-Digital-Economy-E-commerce-Trends-and-Statistics. html. (Accessed 20 March 2011) 7. 9 MIMCO website http://www. mimco. com. au (accessed 20 March 2011)