Tuesday, December 31, 2019

The Youth Justice And Other Legislation Act 2014 - 1396 Words

In 2014, the Government initiated the Youth Justice and Other Legislation Amendment Act 2014. This act introduced new changes that were made to provide fair outcomes and reasonable punishments. This assignment will focus on four of the changes made to the act and evaluate how the introduction of the Youth Justice and Other Legislation Amendment Act 2014 has impacted on consequences for youth in the youth justice system. Recommendations for changes the government could make will also be stated. Part 4 Division 2 of the Children’s Court Act 2000 states that the Childrens Court will now be an open court for repeat offenders (Department of Justice and Attorney General, 2014). The Court has the option to hold a proceeding, whether it is an†¦show more content†¦(Queensland Law Society 2014). This quote shows that, even after going to court once, children will repeat offences and opening the Childrens Court will not help the rehabilitation of these repeat offenders. However, the public is let in to see the cases and will learn about the court processes, providing a better understanding, and if the case is of a sexual nature, the victim will feel much more comfortable with the court being closed, and will be able to easily tell the complete truth. The Youth Justice and Other Legislation Amendment Act 2014 gives the media the authorisation to publish identifying information of a repeat offender at any stage during a court proceeding. (Department of Justice and Attorney General, 2014). A first time offender is anyone who has not been found guilty, at any time throughout a proceeding. First time offenders being named publicly remains prohibited by section 301. (Department of Justice and Attorney General, 2014). However, Ian Brown, President of The Queensland Law Society, states that he strongly believes that publicly naming a child coming before the courts should be prohibited. He believes letting the media broadcast classified information of repeat offenders could become a major difficulty in terms of getting the repeat offender back on the right track. (Department of Justice and Attorney General, 2014). The publishing of a repeat offender’s name during a proceeding could

Monday, December 23, 2019

Ikea Swot Analysis - 1017 Words

INTRODUCTION: IKEA was founded in the year 1943 and is known as the world’s largest home furnishing retailer renowned for its Scandinavian style. The first store of IKEA was launched in Warrington in 1987.The main product includes flat-pack ranging from home furniture and accessories with 9500 products. The broad range products are obtainable in all IKEA stores. The stores are located worldwide and they even developed online website. The stores products vary from restaurants, cafes with Swedish food, small food shops of groceries and famous meatball to jam. The biggest sales store are Germany, U.S.A, France, U.K and Sweden among which U.K has reported up to 18 store till date. In 2008 IKEA enlarge its stores†¦show more content†¦The large scale operation of IKEA makes its communication activities with the shareholder and customers difficult. In order to reach its consumers IKEA uses TV, radio and print media as a medium of communication. Due to the large scale global business operations of IKEA , controlling standards and quality becomes a difficult task specially in few countries law doesn’t have any influence over the working conditions, which in turn well to cause a disturbance in the supply chain influencing the view of the customers with respect to the credibility of the product. THREATS Any company should be aware of the threats that will have to face in the forthcoming time. So there are certain precautions that are to be made in prior to the threat being affected. There should be certain strengths that can overcome threats. For IKEA there were 3 factors wherein it helped to face the threat and get cautioned Social factor: Core market segments Market factor: Market competition for the product Economic factor: Disposable income Positive outcome- * online help to guide customers to a more sustainable life. * focus on home improvement in the slowing housing market. * lowers average costs in the long run * cost savings are then passed on to customers in the form of lower prices * puts up high barriers to entry for smaller companies entering the market. * products will also appeal to thoseShow MoreRelatedIkea Swot Analysis966 Words   |  4 PagesAhere are certain tools that helps in developing an insight view of the company such as PESTLE/STEP analysis, SWOT, resourced based view and value chain, which helps in giving the information that reveals the current position of the firm in the market. Further, these tools have been used to analyse Goldman Sachs. â€Å"A company which is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base thatRead MoreSwot and Pestel Analysis for Ikea Singapore3062 Words   |  13 Pagesstudy of IKEA ----------------------------------------------------------------------------- 5 - 6 * Introduction of Company SWOT ANALYSIS of IKEA ------------------------------------------------------------------- 7 - 8 EXTERNAL ANALYSIS (GENERAL ENVIRONMENT - PESTEL) ----------------- 9 - 10 * Explanation of General Environment * Political Forces * Economic Conditions * Socio-cultural Conditions * Technological Changes * Environment Factors * Legal Factors EXTERNAL ANALYSIS (COMPETITIVERead MoreIkea Swot Analysis1089 Words   |  5 PagesSupply chain strategies. 1.1. Packaging concept. The flat packaging is known of its IKEA which is very effective for transporting products because more products can be shipped at the same time. Consequently, transportation cost will be cheaper. Furthermore, the flat packaging reduces some materials usage. However, it has some weak areas to work on such as protection and unitization. 1.2. New unit load carrier. IKEA has created new carrier which is called â€Å"Loading ledge†, is a flexible unit loadRead MoreIKEA SWOT Analysis998 Words   |  4 Pagesï » ¿IKEA SWOT analysis Strengths Weaknesses 1. Customer knowledge 2. Constantly using innovations to drive costs down 3. Supply chain integration 4. Brand reputation and market presence 5. Diversified product portfolio 1. Negative publicity 2. Decreasing quality 3. Standard products Opportunities Threats 1. Further expansion into developing economies 2. Growing online sales 3. Expansion to growing grocery market 1. Intensifying competition 2. Growth of average consumer income 1. Customer knowledgeRead MoreSwot Analysis Of Ikea1946 Words   |  8 PagesIntroduction This is a SWOT Analysis of IKEA. Crandall, Parnell, and Spillan (2013) states that a SWOT Analysis is â€Å"based on a systematic, comprehensive analysis of internal attributes, also referred to as strengths and weaknesses; and of factors external to the organization†¦Ã¢â‚¬  (p. 84). This paper seeks to explore those such attributes. Ikea is an international organization that was organized in Sweden in 1943. Its premise is retail furnishings and has become the world’s premier or leading furnitureRead MoreSwot Analysis Of Ikea Furniture Market814 Words   |  4 PagesCompetitor’s analysis Analyzing current global furniture market, it will be said that the top big global competitors for the company will be IKEA and Ashley furniture companies. SWOT of IKEA furniture Strength †¢ Brand reputation and market presence †¢ Supply chain integration †¢ Customer Knowledge †¢ Constantly using innovations to drive costs down †¢ Diversified product portfolio Read MoreSwot and Pestel Analysis for Ikea Singapore3046 Words   |  13 Pages4 Case study of IKEA ----------------------------------------------------------------------------- 5 - 6 * Introduction of Company SWOT ANALYSIS of IKEA ------------------------------------------------------------------- 7 - 8 EXTERNAL ANALYSIS (GENERAL ENVIRONMENT - PESTEL) ----------------- 9 - 10 * Explanation of General Environment * Political Forces * Economic Conditions * Socio-cultural Conditions * Technological Changes * Environment Factors * Legal Factors EXTERNAL ANALYSIS (COMPETITIVE ENVIRONMENT)Read MoreSwot Analysis : A Swot1371 Words   |  6 Pages SWOT analysis is valuable in understanding and revising the position of the company before decisions are made about company direction or the application of a new business idea. PEST is a tool to assess external factors. It is useful to complete a PEST analysis before a SWOT, although it may be more useful to complete a PEST analysis during, or after, a SWOT. SWOT and PEST are vital in determining the success of a business. SWOT analysis is a form of situational analysis in which internal strengthsRead MoreMarketing in the Operational Context: the Case of Ikea1261 Words   |  6 PagesOF IKEA I. Introduction In the recent years, the operations of many businesses have become global in nature. The internationalization of businesses phenomenon paved the way for various organizations to conveniently expand in other nations. By penetrating the international marketplace, organizations are able to acquire greater market in which to sell their products or provide business. One of the largest companies that has become global today is IKEA. As Swedish-based company, IKEA is aRead MoreFaclity Management in IKEA Company1424 Words   |  6 Pagesmanagement’. For this subject all First year IFM students have to write a report about a company. In the report I look at the internal and external developments of the company. The company I choose is IKEA. Executive summary The main purpose of this report is to analyze the IKEA Company. To do this the internal and external factors are going to be discussed, and analyzed using the DESTEP method and the 7s model. The DESTEP method is used to analyze the external environment of

Saturday, December 14, 2019

Confirmation Bias Free Essays

Confirmation Bias Rosemarie Hamm September 21, 2012 Confirmation Bias Confirmation bias is the human habit of seeking information that confirms one’s judgments or assumptions. One’s current feelings about a situation, memory, or person influence one’s thoughts and memories about that situation, memory, or person. If one is feeling negatively about something or someone, the individual will often recall the worst factors or memories about that person or circumstances. We will write a custom essay sample on Confirmation Bias or any similar topic only for you Order Now However; if one is feeling positively about something or someone, the individual may recall the best factors or memories about that person or circumstances. In this way, one confirms his or her own current feelings. This can end badly; if bad feelings lead to bad memories; which then lead to more bad feelings, in a vicious cycle. This may also cause problems when someone becomes overconfident about someone or something; when his or her positive feelings lead to positive memories and positive expectations [ (Myers, 2012) ]. An example of confirmation bias in relation to negative feelings could be found in a friendship ending without just cause. One person may develop a negative attitude about a friendship. This individual may recall the worst times and forget the best times; which confirms his or perceptions. These perceptions then contribute to more negative memories, and cause a downward spiraling effect [ (Myers, 2012) ]. An example of confirmation bias in relation to positive feelings could be found in a dysfunctional romantic relationship. It is common to overlook negative traits in a new romantic relationship. Positive feelings often affect one’s perceptions of the other individual. One partner may be dishonest or irresponsible; but the other partner may not realize this. The other partner’s positive feelings are masking his or her perceptions of the dishonest or irresponsible partner. The dysfunctional romantic relationship will continue until this cycle ends [ (Myers, 2012) ]. References Myers, D. (2012). Exploring social psychology. Boston, MA: McGraw-Hill. How to cite Confirmation Bias, Essay examples

Friday, December 6, 2019

Competitive Strategy Built on Strong Brands

Question: Discuss about the Competitive Strategy for Built on Strong Brands. Answer: What is strategy? There are certain things that a company or an organization desires and needs to achieve. These can be: The company needs to go for cost leadership strategy. The company should develop a global strategy The company must combine a set of regional acquisitions. There should strive for excellence in customer service. The company should always try to gain first mover advantage. The company should shift from defense to industrial application. In all these above statements, there are certain things in common, they are goals tactics, objectives and description of what a company or an organization would want to achieve to reach to the success. These statements are not strategies. The main word in all the discussion is Strategy. It will be used when a company would want to demonstrate its business acumen. Strategy is not what we aim to reach, it is the plan and footsteps that we follow to reach the aim. This eras businesses are not less than a war. Executives nowadays should strive to achieve triumph by adopting a set of complex strategies. A strategy can be considered as good if it answers four important questions. These questions are- Where does company or business compete? What distinctive value does company bring? What resources and capabilities does the company bring? How company plans to uphold its uniqueness? For example, the company IKEA, the company's choice of market place has offered a unique value. IKEA deals in inexpensive Scandinavian Designs. The goods of the company are designed for mass production. The company uses its own resources for its product's style and design, for manufacturing and shipping. It becomes difficult for the other competitors to imitate. They have to completely change how they design, manufacture, and ship their furniture. According to Henry Mintzberg "sometimes strategy is what you do." Dorf Clark industries ltd. manufactures different types of metal sanitary ware products. The company product can consists of showers, mixer taps, and many other bathroom accessories. Dorf Clark has its presence throughout Australia (GWA International, 2004). The company deals in the home ware products, specifically bathroom accessories. The market of the company covers most of the Australian Continent and it also exports its product in other parts of the world. The company ha s been there for 2 decades in the industry and is providing excellent services to the clients. The company differentiates itself from competitors by providing high quality products. For this company makes use of top quality raw materials and its signature craftsmanship (Dorf Clark, 2015). The company has the capability to launch new products and services and it has a great opportunity to reach the global markets. The constant increase in the income level and new markets pave good opportunities for the company to reach new heights of success. This can be done, if the company strategizes properly. The company can do this, if it utilizes its resource to the full of their capability. The company can use its own resources for designing and manufacturing of its products, which will make the product difficult to imitate. To reach the global market, it should start accepting and delivering orders to different cities and open its branches in different cities as well. Week4:Business Model Innovation Sometimes we hear in news that the companies that were once on a top have merged or have been acquired and some companies failed miserably despite of having a good access to technology and resources. The reason behind the downfall or falling of a company is that, they did not revised and revived their business model on time. In the race to success, they forgot to update their business model. The companies did not think about the radical innovation needed in the organization because they were too busy in managing and handling the current clients instead of envisioning the future opportunities. Innovation is required in all the industries. Innovation can increase the customer value in the product or services and can lower the cost as well. This creates a competitive advantage. But there are certain perceived misconceptions about Innovation. There are 3 myths that are commonly pervasive about innovation and they are - Innovation refers to ideas that no one has thought before. For getting big success, big resources are required. There is fascinating technologies behind every innovation breakthroughs. . A companys success is not guaranteed just by its new ideas or big resources or fascinating technology. The success of a company also depends upon its business model. 25 of the world largest companies did not just upgrade their technologies; they also updated their business model. What is a business model? A business model provides answers to the following four questions. Who is the target customer of the company? What do product/services of a company offer to the customer? How does a company build the value proposition? How does a company generate revenue? Most of the business models are adapted, refined or combined. There are almost 55 business model pattern that most of the companies use. Some of them are - Flat rate, Super market, Rent instead of buying, E- commerce or experience selling. There are basically four steps to follow to update a business model. First, Initiation- In this, we identify and analyze the current business model. Second, Ideation- During ideation, we confirm the current business model and develop the new a new business model. Third, Integration we check the consistency of the business model as it is important to see if the business model question fit into the newly adopted business model or not. Fourth, Implementation in a company implies the business model into the organization. The movie rental service was started by Reed Hastings, the founder and CEO of Netflix in 1999. The company from starting has been using subscription based business model. The company initially provided a DVD-by-mail service wherein cli ent paid for membership and can rent DVDs (Netflix, 2015). Business model followed by Netflix in video-on-demand industry can be considered as classical business model because here users of the service and people paying for the service are the same entity. Netflix used streaming technology to provide entertainment content to consumers. It used subscription fee to generate revenue. Offer to the customer- Netflix previously offered rental DVDs and now it is the on the leading internet television network in the world. The company has 57 million stream members spread across 50 countries. The companys database includes wide variety of TV shows and movie, which also includes documentaries, original series, etc. (Tatiana, 2014). For streaming customers the main value proposition is availability of large database of movies to select from and the personalized service without advertisements. (Tatiana, 2014). The main source of revenue for Netflix is the subscription fees that it charges from the customer for providing access to unlimited TV shows and movies. At present, Netflix charges uniform price for services offered. It has been said that revenue that Netflix receives from customers is low. It is not sufficient to allow company to purchase new content in time to come. Some critiques have suggested that company needs to generate income through advertisement. However, Netflix is reluctant to do so. To cover the cost, company is planning to increase subscription fees. References GWA International, 2004. Built on strong brands. [Online] Available at: https://www.gwagroup.com.au/wp-content/uploads/annual_reports/GWA_AR_200304_Frt.pdf [Accessed 20 August 2016]. GWA International, 2015. Dorf Quality Difference. [Online] Available at: https://www.dorf.com.au/dorf-quality-difference [Accessed 20 August 2016]. Netflix, 2015. Annual Report. Netflix. Tatiana, M., 2014. Netflix Business Model. [Online] Available at: https://www.cass.city.ac.uk/__data/assets/pdf_file/0017/220517/Netflix.pdf [Accessed 19 August 2016].