Saturday, August 31, 2019

K Final Report

Report On Marketing Management K&N’s (Marketing Mix) Submitted To: Madam Shumaila Dilawar Submitted By: Aneela Jabbar BB-08-15 Aqsa Mehmood BB-08-06 Arif Zafar BB-08-8 Rabeea Rafiq BB-08-33 Sahar Naveed BB-08-54 Sana Fatima Malik BB-08-64 Zobia Malik BB-08-19 Dedication We dedicate this work solely to our loving and supporting friends and teachers and those who have ever been praying for our success. Acknowledgements First and foremost, we would like to thank our Creator, Family and Friends for their undying love. We would never have come so far without them.We would also like to take this opportunity to thank my teacher, Madam Shumaila Dilawar, for her insightful guidance. Last but not least, we would like to thank our friends at Institute of Management Sciences that have always been proved helpful. For everything that is right, credit goes to all of the above. For anything that is wrong, we are culpable. Preface Practical leaning is an essential part of my education and it i s the specialty that distinct the department of IMS from others. To have deep understanding of the concepts, only theoretical knowledge does not provide the concrete base. In this report we have bridge that gap.The knowledge we acquired through this experience will be long lasting. Since we ourselves explored the field o work and analyzed different factors and variables. Introduction of K&N’s K&N’s, a founding pillar and beacon for Pakistan’s Poultry Industry started in 1964 with a single minded objective of providing better nutrition for health and happiness of the nation. Building on years of poultry expertise and commitment to food-safety, K&N’s integrated all poultry production activities under one umbrella to bring you safe and healthy chicken by managing and controlling all stages of production.The year 1964; Pakistan a young independent nation forging ahead towards a dream: self sufficiency in food production. Malnutrition remained a major problem and one out of four children died before attaining the age of five. 80% of ailing children were affected with diseases caused by protein, vitamin and mineral deficiency. Poultry production, the quickest and least expensive way of filling the protein gap was planned to overcome malnutrition. Backyard poultry farming had to graduate to a more professional level. January 1964, a young man, Khalil Sattar, still a college student, had the vision to foresee a need to establish a poultry farm.His interest led him to start a small broiler farm of 1,000 chicks. Little had he known this flock was to become the foundation stone of K&N’s? This was the simple, inspired and nationalistic beginning of K&N’s with a single-minded objective of providing better nutrition for Health and Happiness of the Nation. Poultry Breeding K&N’s maintains layer and broiler parent stock populations in different regions of Pakistan. Layer parent stock farms are located in the south and broiler p arents are bred in the colder mountainous northern region. Both types of parents are housed at isolated breeder farms.To ensure strict bio-security, all breeder farms work on the important principle of all-in-all-out to avoid multiple ages at any breeder farm. Breeding stock is housed in environment-controlled houses equipped with most modern ventilation, cooling and heating equipment. Some of the world’s best performances have been achieved at K&N’s. Strict bio-security measures are taken at all farms to reduce the risk of disease transmission through mechanically and physically transferred disease causative agents. Careful attention is paid to bird health, vaccination, weightage and selection to maintain healthy and uniform breeding flocks.Hatching-eggs are cooled down inside air conditioned, humidified egg-rooms, packed and dispatched in sanitized and environment-controlled vehicles to company owned hatcheries located throughout Pakistan. Hatching K&N’s opera tes several strategically located hatcheries covering all day-old chick markets to ensure delivery of high quality layer and broiler day-old chicks to commercial farmers throughout Pakistan. All hatcheries are equipped with most modern cooling, heating and humidification systems to provide a uniform and consistent hatchery environment independent of varying outdoor weather conditions.Incubators from world-renowned manufacturers are installed at all hatcheries and their performance data is recorded and monitored by a computerized incubation monitoring system. Upon arrival from breeder farms, hatching-eggs are candled at all hatcheries to remove eggs, which may have cracked during transit. Sanitation and hygiene is enhanced by mechanically transferring eggs from one type of tray onto another until chicks are harvested from hatchers. Maximum care is exercised while handling, reconstituting and administering vaccines using proper techniques and modern equipment.To ensure chicks get off to the healthiest start and stay protected from viral diseases, they receive inject able and spray vaccinations at the hatchery. Day-old chicks are delivered to farmers in environment-controlled chick delivery vehicles to maintain quality during transit. After making deliveries, vehicles are washed and disinfected before entering the hatchery premises to avoid any risk of carrying disease causative agents back to the hatchery from the field. Feed Milling To ensure consistent performance with high standards, our chickens really live on a healthy and well balanced diet.It is based on: natural grain products such as corn, corn gluten, rice and wheat; oil seed meals such as soybean, canola and sunflower; fish; oyster shells supplemented with multi-vitamins and minerals. Feed is always tested by our quality assurance lab to ensure it is wholesome because K&N’s does not compromise on quality. Feed is also supplied to our day-old chick customers and growers for realizing the profit potential of K&N’s quality day-old chicks. Poultry Processing At our state-of-the-art poultry processing plant, only healthy chickens are used to produce high quality, safe and healthy chicken products.Chickens are Halal slaughtered by hand (Islamic Zabeeha) strictly according to The Shariah. After Halal slaughter, chickens are processed in the most hygienic and automated manner. During processing, the birds are washed inside out and our veterinarians constantly examine the birds to confirm they are wholesome. Cleaning is constant and each evening the entire operation is completely washed and sanitized. Only after very thorough inspection, the plant begins operation each day. All chickens pass through veterinary inspection to confirm they are wholesome.To keep a continuous check on quality, hygiene and food-safety, random samples are collected from the processing line for lab testing. Some chickens are prepared to ship whole; others are packed as bone-in cuts or boneless prod ucts. Products for quality and food-safety conscious institutions – such as hotels, restaurants, airlines, clubs and international restaurant chains – are cut according to their specific requirements and packed in bulk packaging. Products for retail are packed in K&N's branded packaging and individually weighed, adding another step to K quality control.Products are then blast frozen at a very low temperature of –30? C to ensure product freshness, taste and food-safety. Ready-to-Cook and Fully Cooked Products Some chickens are used for preparing our ready-to-cook and fully cooked chicken products using state-of-the-art meat preparation and production equipment. Choicest meat is carved and select ingredients are added to our premium chicken meat, for preparing flavorful high-quality products such as burger patties, nuggets and kababs.Our world-class value-added chicken products are individually quick frozen using Individual Quick Freezing (IQF) Technology. Distrib ution System and K Distribution stores Products are stored at -21? C to maintain freshness. Packed products are moved into K sanitized refrigerated trucks for distribution to ensure uncompromising quality control. K chicken products are available at K Chicken Stores and leading retailers and also delivered to quality and food-safety conscious institutions such as hotels, restaurants, airlines, clubs and international restaurant chains.Quality Assurance Lab K state-of-the-art Quality Assurance Lab monitors the entire integration process, from livestock to feed and on to preparation of ready-to-cook & fully cooked products. The entire integration process is monitored and regulated to ensure K chicken products are wholesome, safe and healthy. K Poultry Diagnostic and Research Institute With the assistance of US Agency for International Development, K Poultry Diagnostic and Research Institute was established in collaboration with Pakistan Agricultural Research Council.It is a very well equipped and state-of-the-art disease diagnostic, feed and feed raw material testing laboratory which provides invaluable service to Pakistan’s poultry industry through research and extension service in close coordination with K Advisory Service. Certifications †¢K's ensures food-safety by implementing the HACCP* (international food-safety) System to produce safe and healthy chicken & chicken products. ( *HACCP (Hazard Analysis & Critical Control Points) — pronounced ‘hassap’— is an international food-safety system for preventing microbiological, chemical and physical contamination along the food supply chain. †¢Quality Management System at K&N’s is ISO 9001:2008 certified. Through this internationally recognized quality management system, K&N’s is able to control and monitor quality specific factors, which ensure consistency in its products and services while assuring customer satisfaction. †¢Chickens are HALAL slaughte red by hand (Islamic Zabeeha) strictly according to The Shariah. K&N’s slaughtering procedure has been assessed by Darul-Ifta ofJamia Ashrafia and Jamia Naeemia, both authentic institutions for granting Halal certification.Corporate Social Responsibility K&N’s Advisory Service, a division of K&N’s, provides invaluable service to customers and the industry through the Nation’s widest network of sales, technical and extension service centers’. This division employs the nation’s largest team of veterinarians, nutritionist and highly experienced technical staff, and publishes technical bulletins, brochures, management guides and other advisory literature for customers, and also provides them with practical on-spot technical know-how.Seminars are organized in all major cities and rural poultry centers where local and foreign experts are invited to address poultry farmers on latest poultry developments. Free of charge vaccination and de-betaking s ervice is extended to customers, and least-cost feed formulations are also provided to farmers. Technical training programmes for poultry farmers are regularly organized and training is also imparted for carrying out vaccination and de-betaking. Through the training process, K&N’s has made a significant contribution to Pakistan’s rural development.Tens of thousands of skilled and semi-skilled workers have been trained to provide service to industry, and to earn a livelihood for themselves and their families. Marketing Mix These are actually the 4 P’s of marketing. Marketing decisions generally falls into the following four controllable categories. Product Product is the actually offering by the company to its targeted customers which also includes value added stuff. Product may be tangible (goods) or intangible (services). While formulating the marketing strategy, product decisions include: †¢What to offer? †¢Brand name Packaging †¢Quality †¢ Appearance †¢Functionality †¢Accessories †¢Installation †¢After sale services †¢Warranty Price Price includes the pricing strategy of the company for its products. How much customer should pay for a product? Pricing strategy not only related to the profit margins but also helps in finding target customers. Pricing decision also influence the choice of marketing channels. Price decisions include: †¢Pricing Strategy (Penetration, Skim, etc) †¢List Price †¢payment period †¢Discounts †¢Financing †¢Credit terms Using price as a weapon for rivals is as old as mankind.But it’s risky too. Consumers are often sensitive for price, discounts and additional offers. Another aspect of pricing is that expensive products are considered of good quality. Place (Placement) It not only includes the place where the product is placed, all those activities performed by the company to ensure the availability of the product to the targeted custom ers. Availability of the product at the right place, at the right time and in the right quantity is crucial in placement decisions. Placement decisions include: †¢Placement †¢Distribution channels †¢Logistics Inventory †¢Order processing †¢Market coverage †¢selection of channel members Promotion Promotion includes all communication and selling activities to persuade future prospects to buy the product. Promotion decisions include: †¢Advertising †¢Media Types †¢Message †¢Budgets †¢Sales promotion †¢Personal selling †¢Public relations †¢Direct marketing As these costs are huge as compared to product price, so it’s good to perform a break-even analysis before allocating the budget. It helps in determining whether the new customers are worth of promotion cost or not. Product FeaturesFor customers psychological benefits represent certain benefits they perceive to receive when using the product though these may b e difficult to measure and may vary by customer. These benefits address needs such as status within a group, risk reduction, sense of independence, and happiness. Such benefits are developed through promotional efforts that target customer’s internal makeup. Four basic objectives of absolute integrity, enthusiastic diligence, continuous improvement and high quality maintenance are at the core of all operations which provide an impelling urge for attaining perfection.Driven by its basic objectives in pursuit of perfection, K&N's is committed to have superior product and unmatched service through devoted people and consistent development K products K have different product lines, but we will discuss only a single product line which is Ready to Cook meal. This category includes: †¢Nuggets †¢Chappli kabab †¢Burger patties †¢Chicken tempura †¢Kofta †¢Combo wings †¢Croquettes †¢Haray bharay nuggets †¢Hot tenders †¢Fun nuggets K from the very beginning has focused on providing better nutrition for the health and happiness of the nation.Quality is very first priority that will make them build strong and profitable customer relationships. They are managing and controlling all stages of production in order to ensure 100% safe and healthy production of our product. Our product offers consumptions, attention to satisfy desire or need in the market. Level of Product †¢ Core Benefit: providing the good taste. †¢ Actual Product: our product includes all ingredients in packaging according to the core benefit. †¢ Augmented Product: our product provide some benefits which are related to product just as recipe.Branding Branding involves decisions that establish an identity for a product with the goal of distinguishing it from competitors’ offerings. In markets where competition is fierce and where customers may select from among many competitive products, creating an identity through branding is essen tial. It is particularly important in helping position the product (see discussion of product position) in the minds of the product’s target market Brand Names and Brand Marks At a very basic level branding is achieved through the use of unique brand names and brand marks.The brand name, which may be either the individual product name or a name applied to a group or family of products, is important for many reasons including suggesting what the product is or does (e. g. , Mop-and-Glow). The name is also what we utter when we discuss the product (i. e. , word-of-mouth marketing). The brand mark is a design element, such as a symbol (e. g. , Nike swoosh ), logo (e. g. , Yahoo! graphic), a character (e. g. , Keebler elves) or even a sound (e. g. , Intel inside sound), that provides visual or auditory recognition for the product.K brand Along with the developed brand identity and trust reposed by customers, K has established its name in international market as well. It is a well- developed and promoted brand. It is a strong brand which is leading to financial advantages through the concept of Brand Equity in which the brand itself becomes valuable. Packaging Nearly all tangible products (i. e. , goods) are sold to customers within a container or package that, as we will discuss, serves many purposes including protecting the product during shipment.In a few cases, such as with certain produce items, the final customer may purchase the product without a package but the produce marketer still faces packaging decisions when it comes to shipping to the store. Factors in Packaging Decisions Packaging decisions are important for several reasons including †¢Protection – Packaging is used to protect the product from damage during shipping and handling, and to lessen spoilage if the project is exposed to air or other elements. †¢Added Value – Packaging design and structure can add value to a product.For instance, benefits can be obtained from p ackage structures that make the product easier to use while stylistic designs can make the product more attractive to display in the customer’s home †¢Visibility – Packaging design is used to capture customers’ attention as they are shopping or glancing through a catalog or website. †¢Distributor Acceptance – Packaging decisions must not only be accepted by the final customer, they may also have to be accepted by distributors who sell the product for the supplier. †¢Cost – Packaging can represent a significant portion of a product’s elling price. †¢Long Term Decision – When companies create a new package it is most often with the intention of having the design on the market for an extended period of time. In fact, changing a product’s packaging too frequently can have negative effects K packaging Each product is wrapped in butter paper, and then packed in sealed plastic bags that are safe for health, and the n finally packed in the box. Some chickens are prepared to ship whole; others are packed as bone-in cuts or boneless products.Products for retail are packed in K's branded packaging and individually weighed, adding another step to K&N’s quality control. Products are then blast frozen at a very low temperature of –30? C to ensure product freshness, taste and food-safety. Labeling Most packages, whether final customer packaging or distribution packaging, are imprinted with information intended to assist the customer. For consumer products, labeling decisions are extremely important for the following reasons. †¢Labels serve to capture the attention of shoppers.The use of catchy words may cause strolling customers to stop and evaluate the product. †¢The label is likely to be the first thing a new customer sees and thus offers their first impression of the product. †¢The label provides customers with product information to aid their purchase decision or help improve the customer’s experience when using the product (e. g. , recipes). †¢In some countries many products, including food and pharmaceuticals, are required by law to contain certain labels such as listing ingredients, providing nutritional information or including usage warning information.K&N’s labeling ?K&N’s label is to attract the attention of the customers. ?COLOUR is attractive sharp red which is eye catching. These are the things which are listed on the wrappers ?Ingredients ?Nutrition Facts ?Procedure Nuggets Nutrition Facts Serving Size: 5 pieces (110g) Amount per serving Calories 263 Calories from Fat 147 % Daily Value* Total Fat 16. 30g Total Carbohydrate 14. 2g Fibers 1. 98g Protein 14. 90g Salt 1. 6g25% 5% 8% 30% * % Daily Value based on 2000 Calorie diet. Your daily value may be higher or lower depending on your calorie needs.Procedure Appliances and utensils vary; adjust heating times accordingly. Do not defrost Karahi (Wok): Preheat oil to frying temperature (180 °C). Deep fry frozen Nuggets for 3 minutes, or until golden brown. Oven: Preheat oven to 230 °C. Bake frozen Nuggets on a baking sheet (turning halfway through baking) for 5 minutes, or until golden brown PRICING STRATEGIES Pricing is the monetary value of the benefit that a customer is paying to get that particular benefit. So a company is very careful in setting its prices. As we know that there are two types of new product pricing strategies Market skimming pricing †¢Market penetration pricing For its product K&Ns have selected the market penetration pricing strategy. They apply this strategy to keep their product prices lower so that by doing this we attract a large numbers of buyers and also to gain large market shares. The reason for not using market skimming strategy is that as its product is an eatable product and there is no sense of keeping high prices for an eatable product, because as K&Ns knows that skimming strategies are for luxury products. PRICE ADJUSTMENT STRATEGIESAfter penetrating into the market, K&Ns will adopt adjustment strategies in order to increase its sales and attract more customers. Basically these adjustment strategies are according to the taste, culture and the changing situation of the market. Following are the price adjustment strategies. Segmented pricing. Psychological pricing. Promotional pricing. Geographical pricing. International pricing. DISCOUNT AND ALLOWANCE PRICING K&Ns applies this strategy by giving quantity discount to its customers. Quantity Discount: K&Ns gives quantity discount by offering â€Å"buy one get one free† offers.Besides this K&Ns also gives discount to those customers who will buy in bulk or in large quantity. Segmented pricing: K&Ns launched its product in almost all the parts of the country with almost the same prices. They segmented their product price in the following ways. Time pricing strategy: In time pricing K&Ns lowers its prices according to diffe rent seasons. It reduces prices in Ramadan season, as its demand is more in that season. Promotional pricing: This strategy involves temporary lowering of the prices of the product below the cost to increase the short run sales.K&Ns applies this strategy when any one of its competitor lower its product price in order to grab market shares. To compete with them it also lowers its product price so that it can retain its market shares. Geographic pricing: In Geographic pricing K&Ns adopts freight absorption strategy. Freight absorption strategy: K&Ns do not add freight charges to its product price in order to keep its product price lower, as its focus is to capture more customers. International pricing: As K&Ns is not yet internationally recognized so K&Ns do not set international prices for its products.K&Ns is only serving nationwide so it sets prices of its product nationally. PRICE CHANGES: Some time companies have to initiate price change after developing pricing strategies Becaus e of different reasons, Price change could be a price cut or price increase. Initiating a Price Cut: K&Ns already set a low price for its product but it cuts price of its product if its sales will not increase accordingly, in that situation K&Ns will cut the price in order to increase sales and to capture market shares. Initiating a Price increase:Once K&Ns product achieved a position in a market and it sets a good image in the consumers mind and has a large number of potential buyers then K&Ns might increase its product price. But its aim is to give good quality product in an affordable price. K&Ns can initiate its product price when its product demand increases and K&Ns cannot supply according to the demand but INSHALLAH this situation will never come because K&N’s has its own poultry and breeding farms. Buyer’s Reaction to Price Changes: Changing in price has a great effect on the consumers mind.They think that there should be some problem with the product so the co mpany is decreasing its product price or the customers may interpret it as the company is closing its business and they will not offer this product in future. On the other hand price increase also affects the buyers in a way that they think that this product is unobtainable unless they buy it soon. They also think that the company is greedy and they are charging more prices for their product. Competitor’s Reaction to Price Changes: K&Ns is aggressive while changing its product price and has to change its product price according to the competitor’s product price.So K&Ns keeps its competitors into consideration before lowering or increasing its product prices. Responding to Price Change: If any of the competitors of K&Ns changes the prices it affects its sales. So K&Ns analyzes the change and react to it accordingly. Like if they low their price it will decrease its sales so K&Ns then adopts strategies to increase its sale by lowering its prices, giving discounts or impr oving quality of its products. PLACE Place include company activities that make the product available to the target customers.For customers, product and service should be as conveniently available as possible. This includes the strategies, how the organization is going to distribute the product or service to the end users. Distributing the right product at right time is the rule of thumb. Efficient and effective distribution is important to meet all the desired marketing objectives of the firm. If the firm is not understanding or underestimating the demand of the customers and customers are not getting the product due this negligence then it is going to affect the overall profitability of the firm in the long run.PLACE MIX DECISIONS: Place mix decisions include designing the strategies for the better availability of the product at the right time to the target customers to achieve organizational objectives. It comprises decisions about: †¢Channels †¢Coverage †¢Assortme nts †¢Locations †¢Inventory †¢Transportation †¢Logistics CHANNEL OF DISTRIBUTION: Channel of Distribution involves the routes of getting the product from the manufacturer to the ultimate consumer. These channels of distribution are also called intermediaries.There are many types of intermediaries such as wholesalers, agents, retailers, the Internet, overseas distributors, direct marketing (from manufacturer to user without an intermediary), and many others. Types of channel of distribution: There are two types of channel of distribution of the products or services available. †¢Indirect distribution: it involves the distribution of the product by the use of an intermediary for example selling the product to the wholesaler and then on the way to the retailers. Direct distribution: it involves the direct distribution of the product from the manufacturing concern to the consumer, without involvement of any third party or middle men. There is an advantage of dire ct distribution over indirect distribution that the manufacturer gains complete control over the consumer. The following figures depict the two types of channel distribution. INDIRECT CHANNEL OF DISTRIBUTION DIRECT CHANNEL OF DISTRIBUTION Distribution strategies: Depending on the types of the product, there are three major types of channel of distribution strategies available. . Extensive distribution: It is commonly used to distribute low priced or impulse purchase products e. g. chocolates and sweets etc. 2. Selective distribution: Here a small number of retail outlets are chosen to distribute the product. Selective distribution is common with products such as computers, televisions household appliances, where consumers are willing to shop around and where manufacturers want a large geographical spread. 3. Exclusive distribution: It involves limiting distribution to a single outlet.The product is usually highly priced, and requires the intermediary to place much detail in its sell . An example of would be the sale of vehicles through exclusive dealers. If the manufacturer decides to choose selective or exclusive distribution, then it must select an experienced, creditable and renowned intermediary. COVERAGE: Number of active retail and/or wholesale outlets (relative to a saturation level) that sell a specific firm's brands in a given market. Required market coverage is achieved by following concentrated marketing, differentiated marketing, or undifferentiated marketing strategy.Concentrated marketing: Concentrated marketing or niche marketing is market-coverage strategy in which a firm goes after a large share of one or a few segments niches. It appeals to the marketers when company resources are limited. Through niche marketing, the firm achieves a strong market position because of its greater knowledge of consumer needs in the niches it serves and a special reputation it acquires. It can market more effectively by fine tuning its products prices and program s to the needs of carefully defined segment.It can also market efficiently, targeting its products or services, channels and communications programs toward only consumers that it can serve best and most profitably. It is highly profitable but at same time provides with greater than normal risks as companies solely depend on fewer segments for their business and large competitors can enter the same segment with greater resources. Differentiated marketing: Differentiated or segmented marketing is market -coverage strategy in which a firm decides to target several market segments and designs separate offers for each.By offering product and marketing variations, companies hope to get higher sales and strong position in each market segment. But there is a drawback that differentiated marketing for each segment bears a lot of cost to satisfy each target segment’s customers. Developing separate marketing plans for the separate segments requires extra marketing research, forecasting, sales analysis, promotion planning, and channel management. Mass marketing: The marketing strategy that provides an opportunity to the organizations to appeal to a wide variety of potential customer is mass marketing or undifferentiated marketing.Here a firm ignores the market differences and go after the whole market with another. The idea is to broadcast the message to the largest number of people possible. Mass marketing creates the largest potential market that yields to lower cost as it focuses on high sales and low prices. Typically, things which are perceived to necessary or essential to the consumer are subject to mass marketing. On the contrary, mass marketing fails to satisfy all consumer needs and face trouble to compete other firms following better marketing approaches.ASSORTMENTS: Assortment means the group or collection of products and services offered in the market for sale. It refers to the variety of the offering being available in the market according to the custo mer’s demand. Role of channel members: Channel members play a vital role in assorting the quantity and variety of the products according to the market and consumer’s needs. Producers use these intermediaries because they create greater efficiency in making goods available to the target markets.Through their contacts, market insight and scale of operation, they transform the assortments of the products made by the producers into assortments wanted by consumers. Producers make narrow assortments of the products in large quantities, but consumers want broad assortments of the products in small quantities. Marketing channel members buy larger quantities of the products from the producers and break them into smaller quantities and broader assortments wanted by consumers. So, intermediaries play an important role in matching the supply and demand in the market. LOCATIONS:The location for the sale of the product is analogous to distribution center. A distribution center for a set of products is a warehouse or other specialized building, often with refrigeration or air conditioning, which is stocked with products (goods) to be re-distributed to retailers, to wholesalers or directly to consumers†¦ A distribution center can also be called a warehouse, a DC, a fulfillment center, a cross-dock facility, a bulk break center, and a package handling center. The name by which the distribution center is known is commonly based on the purpose of the operation.Distribution centers are the foundation of a â€Å"supply network† as they allow a single location to stock a vast number of products. Some organizations operate both retail distribution and direct-to-consumer out of a single facility, sharing space, equipment, labor resources and inventory as applicable. How a distribution center operates? The way a typical retail distribution network operates is to have centers set up throughout a commercial market. Suppliers will ship truckloads of products to the distribution center. The distribution center will then store the product until needed by the retail location and ship the proper quantity.Many retailers own and run their own distribution networks, while smaller retailers may outsource this function to dedicated logistics firms that coordinate the distribution of products for a number of companies. A distribution center can be co-located at a logistics center. Storage at distribution center: Another important secondary role of distribution center is storage. Many retailers have prioritized having as many items in stock at one time as possible. To conserve space, minimize inventory costs, and maximize the variety they offer the retail might only stock one or a few items of a particular product.This requires the ability to ship a replacement quickly once an item is sold. By keeping product on hand in the distribution center, the retailer can ship a replacement almost immediately after a product is sold. Storage location and storag e containers: Goods (products) arrive and are stored in a distribution center in varying types of storage locations and containers suited to the product characteristics and the amount of product to be transported or stored. These types of locations and containers have specific industry accepted names. There are specialized and various types of containers.The following is a list of some of the names and characteristics of common storage containers: †¢Intermodal containers (shipping containers) – are used for the efficient transportation of goods. There are standards that specify the volume and dimensions of containers to facilitate efficient handling. †¢Pallets- are one of the most commonly used means to store and move product in a distribution center. Pallets are stored on the floor, may be stacked, and may be stored in pallet rack. †¢Gaylord’s- are large single boxes usually connected or attached to a pallet. Cases and Cartons- are boxes usually contain ing many items. In distribution centers there is a generally accepted distinction made between the terms carton and case although both are boxes. Goods are received and stored in cartons. Goods are shipped in cases. A stored carton is called a case once it has been picked or pulled for shipment. †¢Totes- are reusable containers used to hold and transport goods. INVENTORY: Inventory or stock means a list compiled for some formal purpose, a list of goods and materials to the goods and materials themselves, especially those held available in stock by a business.Manufacturers', distributors', and wholesalers' inventory tends to cluster in warehouses. Retailers' inventory may exist in a warehouse or in a shop or store accessible to customers. Reasons for keeping stock: There are three basic reasons for keeping an inventory: 1. Time – The time lags present in the supply chain, from supplier to user at every stage, requires that you maintain certain amounts of inventory to use in this â€Å"lead time. † 2. Uncertainty – Inventories are maintained as buffers to meet uncertainties in demand, supply and movements of goods. 3.Economies of scale – Ideal condition of â€Å"one unit at a time at a place where a user needs it, when he needs it† principle tends to incur lots of costs in terms of logistics. So bulk buying, movement and storing brings in economies of scale, thus inventory. While the reasons for holding stock were covered earlier, most manufacturing organizations usually divide their â€Å"goods for sale† inventory into: †¢Raw materials- materials and components scheduled for use in making a product. †¢Work in process, WIP- materials and components that have begun their transformation to finished goods. Finished goods- goods ready for sale to customers. †¢Goods for resale – returned goods that are salable. Inventory management: Inventory management involves a retailer seeking to acquire and mai ntain a proper merchandise assortment while ordering, shipping, handling, and related costs are kept in check. Systems and processes that identify inventory requirements, set targets, provide replenishment techniques and report actual and projected inventory status. The improvement of inventory management has two parts: the capability of the organization to manage inventory, and the way in which it chooses to do so.For example, a company may wish to install a complex inventory system, but unless there is a good understanding of the role of inventory and its parameters, and an effective business process to support that, the system cannot bring the necessary benefits to the organization in isolation. Management of the inventories, with the primary objective of determining/controlling stock levels within the physical distribution function to balance the need for product availability against the need for minimizing stock holding and handling costs. TRANSPORTATION:Transport or transporta tion is the movement of people and goods from one location to another. Modes of transport include air, rail, road, water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transportation infrastructure: Transport infrastructure consists of the fixed installations necessary for transport, and may be roads, railways, airways, waterways, canals and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports.Terminals may be used both for interchange of passengers and cargo and for maintenance. Vehicles traveling on these networks may include automobiles, bicycles, buses, trains, trucks, people, helicopters, and aircraft. Operations deal with the way the vehicles are operated, and the procedures set for this purpose including financing, legalities and policies. In the transport industry, operations and ownership of in frastructure can be either public or private, depending on the country and mode. LOGISTICS:Logistics can be classified as an enterprise planning framework for material management, information, service and capital flows. In the words, logistics can be defined as having the right type of product or service at the right place, at the right time, for a right price and in the right condition. The primary goal of the logistics is to effectively manage the product life cycles and resultant efficiency. Logistics does not mean a single work activity but refers to a group of activities performed to attain the goal of a business enterprise that is maximizing the Profits.This may involve steps like purchasing, planning, coordination, transportation, warehousing, distribution and customer service. Logistics management: Logistics management is that part of the supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and rel ated information between the point of origin and the point of consumption in order to meet customer and legal requirements. A professional working in the field of logistics management is called a logistician.Logistics management is known by many names, the most common are as follows: †¢Materials Management †¢Channel Management †¢Distribution (or Physical Distribution) †¢Business or Logistics Management or †¢Supply Chain Management PLACE MIX_K: K chicken products are available at K Chicken Stores and leading retailers and also delivered to quality and food-safety conscious institutions such as hotels, restaurants, airlines, clubs and international restaurant chains. It has a strong supply chain through its distribution channels. In Pakistan K is operating in more than 35 cities.There is very diversity in its distribution. We take the example of Islamabad city . In Islamabad there are many stores as well as retailers in every sector, and only in I-8 there is o ne K store and 17 retailer’s shops. DISTRIBUTION OF PRODUCT: After the development of product, product should be distributed into the market for the satisfaction and attraction of our consumers. The products play a vital role in the availability of their services to attract the customers. How to Distribute Product to Retailers: K follows the following ways to distribute product to retailers: †¢Sell Directly to Retailers Sell through distributors, which sell a broad range of products to many retailers †¢Sell through captive distributors, which sell a broad range of products to one chain of retailers. †¢Sell through distributors, which sell to targeted customers. Distribution Channel of Product: The distribution channel of our product is indirect marketing channel because this channel contains one or more intermediary levels. Cities in which products are available: In Pakistan, K chicken is available in the following cities. Abbottabad, Bahawalpur, Chakwal, Chini ot, Daska, D. G. han, Dharki, Dina, Faisalabad, Farooqabad, Gujar Khan, Gujranwala, Gujrat, Hyderabad, Islamabad, Jaranwala, Jhelum, Kabirwala, Kamra, Karachi, Khanewal, Kharian, Lahore, Lalamusa, Larkana, Machi ghot , Mangla, Mansehra, Mardan, MirpurAJK, Mirpur Methelo, Mirpurkhas, Multan, Murree, Noshehroferoz, Nawabshah, Noshehra, Okara, Panu Aqil, Peshawar, Pitaro, Quetta, Raiwind, Rawalpindi, Rahimyarkhan, Risalpur, Sadiqabad, Sahiwal, Sargodha, Shorkot, Sialkot, Sukkar, Tandoadam and Wah cant. Promotion Strategies: Promotion is the activity in which the company has a chance to interact with its customers.To Promote K uses different promotional tools. These tools include advertisements, sale promotions, public relations, personal selling and direct marketing. Advertisements: It uses informative advertising because it is mostly used when introducing a new product. The objective of it is to build primary demand. It will use the persuasive advertising when it has a competition in the market. Sales Promotions: In sales promotions it uses different discount strategies, giving short term incentives in order to increase its sales.It also introduces sponsorships, memberships and discount coupons. Memberships: K also offers memberships to its customers. The K's Way Club membership is free. One can enroll by just filling the form, click submit and simply print the Temporary Card. Temporary card: Having enrolled as a new club member, you can use your Temporary card to earn points with immediate effect. Please remember to always present this Temporary Card while shopping at K&N’s Chicken Store for point’s credit into your club account. Club card and pin:Along with your club Member card, you will also receive a 5-digit PIN (Personal Identification Number). You will need this PIN (along with your club card number) to enquire about your account balance; update your individual club profile online, and for all other club online services. As a new member, it is important to know you cannot use our online services, nor redeem your points, until you have received your PIN. One can also enroll oneself by filling out the Enrolment Form available at all K&N's Chicken Stores and send it to the company.One has to detach The K's Way Club Temporary Card and retain it. After becoming the member, K&N’s offers different discounts, exclusive privileges and other benefits to its members when they collect points. The more they collect, the more they benefit. As a member every time you shop at any K&N’s Chicken Store in Pakistan, you earn valuable points which can be redeemed for free K&N's products. Number of points: Number of points earned is directly related to purchase amount, K product category and your status within The K's Way Club. You earn 2. 50 status and award points for every Rs. 0/- spent on Whole Chicken, Designer Cuts and By-Parts. For Boneless products you earn 3. 50 points, while for Ready-to-Cook, Fully Cooked and Deli L ine Products you earn 5 points for the same amount spent. Your club status determines whether you will be able to enjoy additional benefits and privileges associated with Silver, Gold or Circle status within The K&N’s Way Club Program. Award points: Award points are earned every time you shop at a K&N’s Chicken Store. As the name suggests, award points can be exchanged for awards, such as free K&N's products and special discounts.Award points can also be earned against special K's product offers and promotions from time to time. Award points do not count towards determining club status. Status points: Status points are earned simultaneously with award points every time you shop at a K&N’s Chicken Store. As the name suggests, status points determine club status and enable you to move towards and/or retain the higher Silver, Gold or Circle status. Certain limited time promotions or special offers may be excluded from status points’ accrual. Executive bonus: A higher status of Silver, Gold or Circle within the Club also entitles you to an Executive Bonus on award points earned, even for the same purchase amount. If you have Silver status, you earn 25%. Gold status entitles you to 50%, while Circle status gives you 100% Executive Bonus. Executive Bonus is not applicable on Status Points. Member: Once you have reached 50 status points K&N’s welcomes you as a permanent Member of The K&N's Way Club where a world of privileges, attractive awards and benefits are offered to the customers on their future shopping.Silver: Attaining Silver status is easy and within reach. To start with, a customer has to earn 25% Executive Bonus award points on every purchase he makes, and enjoy a host of other privileges designed for the Silver members. Gold: A customer has to earn required number of status points and he gets the Gold status The K's Way Gold members get as much as 50% Executive Bonus award points on purchases, 6 discount eVouchers in a c alendar year for attaining or extending the status each time, and other privileges designed only for the Gold members.Circle: The K&N’s Way Circle status recognizes the loyalty of the exceptional customers. It offers these privileges as an expression of their utmost appreciation for the loyalty of their exclusive ‘circle’ of such customers. For instance, if a customer treats himself to 100% Executive Bonus award points on his purchases, 12 discount eVouchers in a calendar year for attaining or maintaining the status each time and other privileges designed exclusively for their Circle members. Personal Selling It also promotes its product through personal selling.Personal selling is more effective than any other promotion strategy. Through personal communication, it is easy to persuade someone to buy your product, because in personal selling there is a direct contact with the buyers. Public Relations: To increase its sales it also ties good public relations. K&Nâ €™s develops its public relation by doing the work of social responsibility, like wishing happy Eid or wishing any other special event to the customers. Through Public relations it also creates a good word of mouth for the product which is the most efficient way of promoting a product.Direct Marketing: In direct marketing K&N’s targets its customers through internet, telephone, print media and electronic media (television and radio). Print Media: It promotes its product through print media by advertising its product in newspapers and in different magazines. K&N’s adopts this type of advertising when it wants to introduce some new discount packages or sales offers. Other then advertising in newspapers and in magazines it also advertises its product on bill boards and banners. Electronic Media:To promote its product through electronic media K&N’s advertises its product on different television channels and on radio stations. To make its product information more convenient and easy it provides its website and 24 hours toll free numbers, through which the customers can contact and also give feedback about the product. The website of K&N’s is http://www. kandns. com Promotion for kids: To make its products favorite among kids, K&N’s introduced a product called â€Å"Fun Nuggets†. It has designed special advertisements for children.As kids are more attracted by cartoons, K&N’s has used cartoon characters like dinosaurs, dolphins and ducks and have given them special names like Din Din, Dolf and Ducky to make their products familiar with kids. K&N’s Cooking show: To promote its product, K&N's has now brought a dedicated cooking show for quick recipes with answers to all viewers’ ‘how do you do that' questions, and helpful tips – all at Smart Cooking with K's! Chef Mehboob Khan is the name consumers trust and count on for reliable and tasteful recipes.People can now watch him use a wide ran ge of K&N’s chicken products for easy-to-prepare recipes like Lahori Karahi, Chicken Ala Kiev, or Fajita Wraps. Smart Cooking with K&N's is aired on every Saturday 6:30pm, Sunday 4:00pm and Wednesday 2:00pm, on ARY Zauq. In this winter, to promote its products, K has now offered discounts on its products like Croquettes and chapli kabab. Similarly, in Ramazan, K offered its members to get 50% bonus award points on all of its products. In the same way, it had offered its members price discounts on Haray Bharay Nuggets and Tender Pops in Ramazan.Other then the print and electronic media the cheapest way to promote the product is through Short messaging service: They have a contract with different cellular companies where they will send K promotional messages to their special numbers. K face book page: K has also created face book page. Now-a-days, many companies, designers and artists are making their fan pages on face book for the advertisements of their products. People go on these pages, learn about the products, give their comments, resolve their queries and recommend these pages to their friends.In the same way, K has made its face book page to advertise its products. Its face book link is: http://www. facebook. com/pages/KNs-Chicken/120891524596651 Promotion Budget: To allocate budget for the promotion strategies K uses objective and task method. According to this method first it defines its promotion objectives, that why are they promoting their product? After that they determine different tasks to accomplish those objectives and at the end they estimate the cost utilized in performing these tasks. PRODUCT POSITIONINGIt is the evaluation of a company’s product’s position that what place it occupies in the market and how customers differentiate it from other products. Choosing positioning strategy To position the product different companies use different positioning strategies. Major competitors: Major competitors of K and N are †¢Kitchen confidence. †¢Mano Salva, †¢ seasons canola`s menu †¢Locally available chicken Kitchen Confidence basically produces frozen products like Chicken Nuggets. Burger Patties, Meat balls, Samosa,Rolls etc. Recently co. has started non frozen item i. e. Bread Crumbs.Salwa Foods offers an assortment of deep frozen food products for both retailers and food service. The assortment ranges from basic standard products to highly refined ready-made products. Salwa foods have launched its ready to cook items under the name of Mano Salwa. Season’s canola has launched its range of ready to cook food items with the name of menu. But the largest of the competitors that was a challenge to K and N was the locally available chicken in the market. It had the stereotypic advantage of being truly Halal and cheap than any kind of chicken available in packets in frozen form.Competitive Advantages Following are the competitive advantages that make it different K & N from rest of its competitors. Product Differentiation: We offer a pack of four. Each separately wrapped in butter paper, combined packed in sealed plastic bags that are safe for health, and then finally packed in the box. Service Differentiation: Our product will be accessible and will be available at every outlet of K. Channel differentiation: In Pakistan K is operating in more than 35 cities. There is very diversity in its distribution. We take the example of Islamabad city .In Islamabad there are many stores as well as retailers in every sector, and only in I-8 there is one K store and 17retailer’s shops. People differentiation: Technology is highly involved in the production so we will hire trained staff, those who knows how to operate the machines. We also hire qualified staff in order to guarantee healthy relationship between customers and retailers. Image differentiation: Since our product comes under K brand name hence a good image will be casted over the consumers. Also K is a s ymbol of quality; hence will automatically be recognized as a quality product.Product Chain K are enjoying their own product chain. They have their own breading and poultry forms, from where they get there raw material for their product. Choosing the right competitive advantage †¢Important: We deliver highly valued benefits to our target customers in our products. †¢Distinctive: we have no strong competitor and enjoy distinctiveness in the market. †¢Superior: we are providing pure hygienic food in at comparable prices. †¢Communicable: the consumers can feel the difference in our quality, taste, hygiene and prices that are communicable. Preemptive: competitor needs a lot and lot of hard work to match our standard else it is not possible. †¢Affordable: Buyer can afford to pay for the difference. †¢Profitable: the difference is profitable both for the company and the customers. Selecting an overall positioning strategy Our overall positioning strategy will be focused on More for Less winning value proposition i. e. will offer more quality at less price range and we will focus on the needs and wants of target customers in order to give high customer value and satisfaction POSITIONING STATEMENTTo target the teenagers, working women, hostilities and bachelors, we offer, a ready to eat hot and spicy paratha, with high quality, affordability and accessibility. Conclusion We have come to a conclusion that K is the most superior and famous quality delivering company. Its Promotion through advertising is highly frequent on different TV channels. It has differentiated itself from its competitors by having highly trained sales person with different discount allowances and coupons. It has developed strong bonds with its customers. It

Friday, August 30, 2019

Public Bank Corporate Profile Essay

Conceptualised as ‘a bank for the public’ by its Founder and Chairman, Tan Sri Dato’ Sri Dr. Teh Hong Piow, Public Bank commenced business on 6 August 1966, and was listed on the Kuala Lumpur Stock Exchange (KLSE) on 6 April 1967. To-date, the Public Bank Group has grown into a premier banking group in Malaysia, with overseas market presence in Cambodia, Vietnam, Laos, Hong Kong, China and Sri Lanka. As a leading financial services provider in Malaysia, the Public Bank Group offers a comprehensive range of financial products and services covering, amongst others, personal banking, commercial banking, Islamic banking, investment banking, share broking, trustee services, nominee services, sales and management of unit trust funds, bancassurance and general insurance products. With a total of 377 branches and employing over 17,600 people, the Public Bank Group caters to the financial needs of over eight million customers in Malaysia and in other countries in which the Group operates. With total assets of RM274.62 billion as at the end of 2012, the Public Bank Group is the third largest banking group in Malaysia and ranked number six by asset size in Southeast Asia. Public Bank is the largest non-government-linked corporation in Malaysia with a market capitalisation of RM57.52 billion as at the end of 2012. With its unbroken track record of strong and consistent profitability in the last 46 years, the Public Bank Group has demonstrated its strong and consistent ability to execute and meet its key performance indicators and brand promise to its customers. The PB Brand has been built based on integrity, honesty and excellent service delivery. These are complemented by accountability, excellent corporate governance, strong corporate culture, prudent management and competitive products and services. Focused and Consistent Growth Strategy The Public Bank Group adopts a focused and consistent growth strategy, which is to pursue organic growth in the retail banking business focusing on retail consumers and small- and medium-sized enterprises (â€Å"SMEs†), and strives to further increase its leadership in this broad-based retail banking market. Growth in the retail banking business is consistently focused on retail lending, deposit-taking and fee-based businesses. To drive business growth and increase its market share in retail banking, the Public Bank Group leverages on its well-established customer service infrastructure and processes and practices to deliver prompt and consistent service to meet the needs of its customers. Core Business Growth In the retail lending business, the Public Bank Group remains focused on growing its loans in residential mortgages, passenger vehicle financing and lending to SMEs. In an intensely competitive market where loan products are highly commoditised, the Group actively competes in the market for business growth and increased market share by differentiating itself through its highly efficient customer service delivery standards. As at the end of 2012, Public Bank maintained its leading position in residential mortgages, passenger vehicle financing and commercial property financing in Malaysia, with market shares of 19.1%, 26.4% and 33.7% respectively. Over the years, the Public Bank Group has been building a strong franchise in the deposit-taking business. Customer deposits have been growing steadily both in terms of the deposit customer base and the amount of deposits placed with the Group. As at the end of 2012, total deposits from customers of Public Bank in Malaysia recorded a growth rate of 13.0%, which is above the domestic banking industry’s growth rate of 8.4%. This reflects the high level of confidence that customers place in Public Bank to safeguard their funds. Public Islamic Bank, a wholly-owned subsidiary of Public Bank, started its full-fledged Islamic banking business in 2008. It will continue to focus on Islamic consumer financing and retail commercial lending to SMEs. The Public Bank Group continues to intensify its effort to grow fee-based businesses through its wholly-owned subsidiary, Public Mutual, which contributes a significant proportion of the non-interest income of the Group. Public Mutual has remained a dominant player in the private sector fund management industry in Malaysia with a leading market share of 40.8% as at the end of 2012 due to its superior fund performance, strong distribution capabilities and strong brand. Multiple Delivery Channels The Public Bank Group has a large and well distributed branch network of 255 branches in Malaysia to better service its large customer base of individuals and business enterprises. The Group further expanded its wide network of self service machines to 522 Automated Teller Machines, 532 Cheque Deposit Machines, 405 Cash Deposit Terminals and 186 Cash Recycling Machines for greater customer convenience. The Group has also expanded its internet banking and mobile banking service capabilities for greater access by customers to its banking services. The Group will continue to tap on its large sales and marketing force and strategic alliance with key partners to deliver high value products and services to its customers. Regional Player Today, the Public Bank Group’s overseas operations comprise 122 branches, with 83 branches in Hong Kong, 3 branches in China, 24 branches in Cambodia, 7 branches in Vietnam, 4 branches in Laos, a branch in Sri Lanka and 3 representative offices in Shanghai, Shenyang and Taipei. Strong Financial Ratings The Public Bank Group continues to be accorded strong credit and financial ratings for its consistent record of prudent management, strong risk management, excellent corporate governance, strong and consistent financial performance, superior asset quality and healthy capitalisation. Standard & Poor’s reaffirmed Public Bank’s A- long-term rating and A-2 short-term counterparty credit rating with stable outlook. Moody’s Investor Service reaffirmed Public Bank’s long-term deposit rating of A3 and revised its short-term deposit rating to P-2 based on Moody’s new Consolidated Global Bank Rating Methodology, with stable outlook. Rating Agency Malaysia reaffirmed the Bank’s long-term rating of AAA, the highest rating accorded by Rating Agency Malaysia, and its short-term rating of P1. Awards and Accolades The Public Bank Group continues to earn recognition and trust for its strong and sustained financial performance and prudent management. In 2012, Public Bank was honoured with 36 awards, including many best bank awards and excellence in corporate governance by national and international publications. These were in recognition of the Public Bank Group’s sustainable financial performance and excellence in the key areas expected of a banking institution by its stakeholders. Public Bank’s Founder and Chairman, Tan Sri Dato’ Sri Dr. Teh Hong Piow, continues to be honoured with awards of excellence for his sterling leadership and extraordinary achievements, as well as enormous contributions to the Public Bank Group and to the banking industry in Malaysia and in the region. Corporate Social Responsibility As a responsible corporate citizen, the Public Bank Group remains committed to uphold its corporate social responsibility (â€Å"CSR†) in the areas of nation building, development of the market place and enrichment of the work place. The Group supports the community through programmes such as education, graduate employment, professional development and environmental conservation as well as in support of the underprivileged. The Public Bank Group’s CSR at the work place includes initiatives to enhance the core competencies of the staff, so as to further raise their contribution, productivity and efficiency. The Group believes that in fulfilling its corporate social responsibilities, the Group also enhances its corporate image, reputation, goodwill and brand value. Our Commitment In spite of its success, the Public Bank Group will never rest on its laurels. Given the increasingly challenging economic environment, the Group will continue to strive harder to deliver value to its stakeholders. To its customers, the Group will continue to provide competitive financial products and services to meet increasingly sophisticated customer demand. To its shareholders and investors, the Group will continue to enhance shareholder value with its strong financial performance. To its staff, the Group will continue to invest in human capital development initiatives to enhance core competencies and productivity.

Thursday, August 29, 2019

Business Strategy of Emirates Airline

Business Strategy of Emirates Airline In 1974, three years after the independence, the rules of the EAU decided to establish to a joint carrier of flag: Air of Gulf. Nevertheless, a tense relation between the air line and the government of Dubai existed after his beginning, as this one re fading to yield before the demands of the Air of Gulf to leave his politics of open skies. In the reaction, the Air of Gulf reduced frequencies and capacities to and of Dubai for more than two thirds between 1984 and 1985 without the notice previous(Wilson 2005). Since the foreign carriers demonstrated incapable or desinclinados to fill the hollow, Dubai then the rule, recepiente of Sheikh Mohammed Rashid To – Maktoum, summoned a team of experts – headline Maurice Flanagan and later affiliated by Tim Clark and the son then 26-year-old of the rule, Sheikh’s Recepiente Ahmed Saeed Al – Maktoum – to design an emergency plan. The recommendation of the group to establish to a carrier of house for Dubai was rapidly accepted by the rule, but heimposed two conditions: the new air line should find the standards of the highest quality and there would be no additional injections of capital of the government in addition to the financing of starter of 10 millions of reconciled USD. On October 25, 1985, the first flight of the Emirates left to Karachi, using an A300 wet – leasehold of Pakistan International air Line. The air Line of Emirates is the carrier of flag of United Arab Emirates and a principal air line of the Middle East. His key bucket is the International Dubai Airport, which joins it with an extensive network of international routes.The air line is a branch of the group of Emirates, an international public corporation that also supports the honor of making work four of the commercial flights the longest continues – from Dubai to Los Angeles, San Paulo, Houston, and San Francisco. This offers extensive trips of air in the EAU and Middle East. The air line also suppor ts a division of separated load, for the name of Emirates SkyCargo. It is between the most rapid air lines of growth of the world, which gained enormous income for 500 million dollars in 1993. HISTORY OF EMIRATES AIRLINE Air Lines of Emirates support 127 aircraft quickly, consisting of Airbus A330-200, Airbus A340-300, Airbus A340-500, Airbus A380-800, Boeing 777-200, Boeing 777-200ER, Boeing 777-200LR, Boeing 777 -300 and Boeing 777-300ER. The airline investigating its fleet frequently, in accordance with its policy to support a young fleet. In 2008 the Emirates for the second air line to demolish the Airbus 380-800, after Air Lines of Singapore. This has also asked for 58 Airbus A380-800, making it the biggest customer of this Airbus. The use of air line of his plane is the highest in the industry, climbing to 13.7 hours in a day. aviation, value U.S. $ 19 billion, adding 71 new planes. This is now the client as principal cast of two ultra-modern new aircraft – A340-600 HGW and double-decker A380 super-jumbos. DESTINATION COVERED Emirates Airline covers 101 destinations, in 60 countries of the world. It flies to Canada, U.S, Brazil, Australia and New Zealand. In Europe, it serves France, Germany, Greece, Italy, Russia, England, Switzerland, Turkey and Malta. The airline carries passengers to destinations like India, Pakistan, Bangladesh, Maldives, Sri Lanka, Malaysia, Singapore, Thailand and Philippines in Asia and Egypt, Morocco, Sudan, Libya, Angola, Kenya, Mauritius, Uganda, Nigeria and Ghana in Africa.

Wednesday, August 28, 2019

Inland Barge Operation In Europe and China Research Paper

Inland Barge Operation In Europe and China - Research Paper Example In Europe and China, there have been significant advancements in the three forms of transportation. Rail transport has evolved over time and technological advancements have made the system more efficient and economical (Rodrigue, 2010). Most countries in these regions have developed an extensive railway network that traverses the area. Thus, rail transport is widely used for passenger and cargo transportation throughout the two regions as well us to regions. On the other hand, road transport is also widely used in the European and Chinese regions. The road network in Europe is extensive and covers virtually all the corners of the region. According to (Vrenken et al, 2005), the road network in Europe has the best roads globally with tarmacked roads covering over seventy percent of the region. Suffice to say, there are numerous road transport companies that own trucks used for delivery of cargo. The road transport system has been widely adopted in China due to its affordability and eff iciency. Long haul trucks are used to deliver cargo from all the areas in China. The truck transport system is efficiently due to precise coordination between the track companies and the warehouses where the cargo is taken from or delivered to. However, the road and rail cargo transportation systems have various weaknesses. ... Also, the two modes of transport are costly due to the high cost of fuel. Inland barge transportation is a viable alternative for the transportation of cargo. The use of boats and other water transport vessels for the transportation of cargo within the region can help to sustain the development in these regions and add other benefits. This paper argues that inland barge transportation is a more efficient mode of cargo transportation compared to road and rail transportation. This research therefore seeks to determine the use of inland barges in transportation in the two regions and the level of contribution of this type of transportation in each of the regions. In doing this, the research examines the advantages and the disadvantages of the transport systems and the extent to which it has contributed to the attainment of the modern state of the economy in the regions. The inland barge transport system will be evaluated in both regions and the contribution that it has made to the devel opment of the regions. The potential benefits of the inland barge transportation system will be analyzed. Furthermore, the discourse compares the transport mechanism in the two regions and further compares the level of development and the growth rate of the regions. In doing this, the research establishes the contribution of transportation to the process of development and determines the most cost effective means of transportation for the two regions and the whole world by extrapolation. Cargo transportation The transport sector forms a critical component of any region. In fact, an efficient transport network is often a pointer towards the level of development that is possible in a region. Industrial advancements require

Tuesday, August 27, 2019

Evidence based paper Essay Example | Topics and Well Written Essays - 500 words

Evidence based paper - Essay Example This is an even greater challenge for new nurses who are not yet familiar with the physicians’ handwritings, making them more prone to mistakes. Computers should replace handwritten prescriptions. Doctor’s orders and prescriptions should be given through a computer so that they will be more understandable. This can reduce confusion and mistakes, making the delivery of healthcare faster and more efficient. It can also serve as a better way of keeping track of doctor’s orders since computers make it easier to compile data and save them to a hard drive as opposed to keeping the orders in a clipboard or a folder. Computers can be more beneficial than just reducing mistakes. There are many advantages to using computers in giving orders and prescriptions. Computer-inputted orders and prescriptions are clear and easy to understand; the files can be saved more securely than a physical copy; the files can be shared easily between departments. For example, when a doctor orders a new drug to a patient, once it is noted on the computer, the nurse can forward the new drug orders to the pharmacy so that they can provide the new drug immediately. Documentation becomes easier due to computers, freeing up more time for the nurses to take care of patients. This new speed and efficiency from being able to understand and manage prescriptions better translates into better patient care that can make a difference for the patient’s health and can prevent many accidents involving medication errors from happening. The downside to computers would be cost and reliability. The cost to place a computer and to maintain it in every area of the hospital is significant, and it would also need a powerful backup power supply in case power runs out, which could cripple the whole care process since the computers, with all the patients’ data, cannot be accessed. The ultimate goal of digitizing prescriptions is the

Monday, August 26, 2019

Improving Customer Service at Hotels Term Paper

Improving Customer Service at Hotels - Term Paper Example This research will begin with the statement that service delivery is the main issue which arises most often in case of the hotel industry. The persons responsible to deliver the state of the art service are either not efficient enough to do so or the service delivered is not effective enough. They sometimes lack the skill to generate client satisfaction. The clients often show dissatisfaction with the menu list or the price list charged against the dishes the hotels offer. Many hotels charge a much higher price for their breakfast for example in case the customer prefers to have an omelet then he or she will be charged double the price that is being charged on the street. Some other problems are related to crunch in parking space and the high rate charged for providing the internet connections. The customers who visit frequently to the hotels especially the business clients mainly face the problem of lack of outlets for charging of their phones and laptops since they do not find the place for charging their gazettes. When the hotel authorities fail to provide satisfactory services to the customers as per the terms and conditions that are agreed upon, they often claim for a refund and this is critical for the authorities. The hotel authority is also alleged for the false and misguiding information that is provided about the company in the website, magazines etc, the amenities and the price structure of the hotel is sometimes misleading since the price and the amenities that are provided in the advertisement is not offered in reality. Therefore the customers or the clients have to suffer while visiting the hotel on the basis of the advertisement that is published, the behavior of the employees or the staff in the hotel is not always up to the expectation. At times they behave very rudely with the clients and it hampers the goodwill, image, and reputation of the hotels. The hotels are required to focus on the quality of the service that is provided. They need to t ake urgent care in taking measurements to improve the quality of the services offered and the food that is provided by the hotel to its customers or the clients.

Derrick Bell - the Founder of Critical Race Theory Case Study

Derrick Bell - the Founder of Critical Race Theory - Case Study Example The objective of this paper is to extensively examine the life and revolutionary work of Derrick Bell. Derrick had success at law school just like a number of his white colleagues at a time when a race was still a fundamental issue in the United States. Still, he was not able to find a job at any of those big firms in the country due to his race. This never deterred derrick who immediately embarked on a different path. This formed the commencement of a life of service to people who underwent tough social times due to their lives as minority groups and for those who believed in liberty and social justice (Bell 1). Years down the line, beneficiaries of this path that he took today are countless and continue to enjoy these liberties in an environment where those who were considered minorities can now prosper (Bell). As one of those who led the way as civil rights lawyers operating on the vanguard of Civil Rights Movement, this exceptional man oversaw more than three hundred school desegregation cases. At this point, he was also working together with the NAACP Legal Defense and Education Fund. While flourishing in these previous services to the people, he realized his true calling teaching law. Described by many as their mentor and best professor including the current President of America, President Barrack Obama, it is essential also to mention that he was the first Harvard Law School Professor of the African-American origin. In this part of his career, he also made history by renouncing this position in protest of the institution’s resistance to absorb women of colour. He argued that the need for faculty diversity was essential without discrimination of any single group (Dewart 2). He also briefly served at the Oregon Law School that was dominated by white staff. Here, he became the firs t person of colour to hold a deanship position in the history of America. At this institution too, he bowed out of his position after an incident where the institution exhibited reluctance to hire an exceedingly competent Asian-American woman (Dewart 2).  

Sunday, August 25, 2019

Harlem Renaissance Essay Example | Topics and Well Written Essays - 500 words

Harlem Renaissance - Essay Example Supported by the African American Church and even more so by the African American writers, playwrights, artists, and musicians; the expression of African American resentment and the new grown self- confidence was demonstrated in their protests of American entry into the First World War in 1917. The Harlem Renaissance was very vocal against what they believed was a capitalist war that was not in their interests, and so exhorted the African American brought into New York from the South to support the war effort, to join the trade unions instead of being involved in the actual fighting in the war. Yet, many of the African Americans did go to war, expecting to get full citizenship. The denial of citizenship along with the segregation faced by them in the army, caused the returning soldiers to be involved in the expression demanding more rights for the African Americans (Williams, p.1-20). The newly found prosperity of the African Americans disappeared with the Great Depression in 1929. This was to have a profound impact on the survival of the Harlem Renaissance. In the beginning, the Great Depression had little impact on the fortunes of Harlem. Life went on as usual and the great writers continued to churn out inspirational works that expressed the African American desire of greater freedom and social expression. Yet, the era of the great days of Harlem were over. Erosion of the new found prosperity gradually reduced the importance of Harlem, as people strived to face the challenges of the Great Depression. The final nail in the coffin was the repeal of Prohibition by the government in 1933. The nightlife of Harlem disappeared, with the population of Manhattan preferring to remain in Manhattan, as they could drink legally in Manhattan. Many of the Harlem residents lost their jobs and were forced to eke out a living in penury, leading to racial riots (Worth, p. 92-98) . Yet, to view the impact of the Harlem Renaissance as limited to

Saturday, August 24, 2019

Assessment item Business report on tourism services for local Essay

Assessment item Business report on tourism services for local consumers - Essay Example is internationally acclaimed says â€Å"Tourism comprises the activities of persons travelling to and staying places outside their usual environment for not more than one consecutive year for leisure, business and other purposes† (House of Commons, 23 June 2000). Tourism industry is one of the most important industries for the economy of any country. Huge number of job opportunities has been created by this industry in almost every part in the world. This paper focuses on the tourism industry in Hong Kong and a special tourism operation in the region. Hong Kong Disney land has been chosen as the special tourism operation. The paper include an in depth service marketing analysis which include analysis of 7’Ps of service marketing. It is needless to say that this analysis has been done in the context of Hong Kong Disney land. Like any other economy tourism industry is also an important pillar of Hong Kong economy. Almost 3.4 percent country’s GDP is contributed by this industry. More than 190,000 people are employed in tourism industry of Hong Kong and this is almost 5.6 percent of country’s total employment. But recent global financial turmoil has greatly affected the industry. It has been found that tourist arrivals in the first half of the last year were down by almost 3.4 percent. Still there were approximately 8.3 million tourist arrivals in the mainland of Hong Kong in the first six months of 2009. There are 158 hotels with more than 57588 rooms in Hong Kong. Number of total hotel room has increased by 9.5% from previous year. It is quite expected that Hong Kong government would promote tourism industry as it is a major contributor to the country’s GDP. There is tourism commission that was set up in 1999 with purpose of providing leadership and policy support to tourism develop ment in the region. Main objective of this commission is to promote and establish Hong Kong as a premier destination to the business and leisure visitors. There is Hong Kong

Friday, August 23, 2019

Identify the different sources of international law. To what extent Essay

Identify the different sources of international law. To what extent have international treaties affected the development of inte - Essay Example Sources of international law are recognized generally as authoritative statements. This is found in the Statute of the International Court of Justice (ICJ), Article 38. This specifies possible sources of law that the court shall apply in deciding disputes. These sources of international law include: international conventions which establishes rules, whether particular or general, expressly recognized by the states contesting; the general law principles recognized by civilized nations; international customs evident of general practice and accepted by law; and teachings from publicists and judicial decisions of the various nations and states as a subsidiary means of determining the rule of law (Buergenthal and Sean 19). The mentioned sources of international law, customs, treaties, and principles of law, are referred to by librarians and lawyers with a similar background as the primary sources of international laws. Teachings from the most high qualified publicists and judicial decisio ns are recognized as secondary sources or evidence of international laws. It should be noted that case laws are only considered as a subsidiary means. This is because even the ICJ decisions itself cannot create any binding precedent. The court decisions have no particular force of binding except between, in respect of that specific case, the parties. Teachings from the most highly qualified publicists may also include organizational work like private institutions and International law Commission. Other sources of international law that recognizes international organization role include resolutions and actions of international governmental organizations like United Nations. Such organizations are also recognized as evidence or sources of international law (Aust 5). The European Union laws have been categorized depending on the sources. The laws grouped under primary sources include; Treaty Articles, Treaty of Lisbon, and Treaty of the European Union. Those categorized under secondary sources include; regulations, decisions, directives, and judgements or decisions of the ECJ. As mentioned earlier in the introduction, international law may be public international law, supranational law, or private international law. Public international law includes Treaty law, international criminal law, law of the sea, and international humanitarian law. These laws govern the existing relationships between international entities and states. The private international on the other hand addresses fundamental issues such as what jurisdiction hears a case, the rules that apply typically when a dispute is subjected to international concern like contract between parties in different countries, and the law concerning what jurisdiction to be applied to particular case issues. Finally, the supranational law, also referred to as supranational organizations concerned with regional agreements in which the nation state laws may be inapplicably held where there is a conflict with a supranatio nal legal system. Some of the examples of supranational framework include the European Court of Justice and European Union law, and the International Court of Justice and the UN Security Council (Buergenthal and Sean 28). The international treaties affect the development of international business in various ways. First the international business law is observed on varying levels: international economic law,

Thursday, August 22, 2019

An Integral Part Of A Democratic State Essay Example for Free

An Integral Part Of A Democratic State Essay Elections are an integral part of a democratic state. The argument is sometimes put forward that participatory democracy should be the basis for a whole political system, a replacement for parliamentary democracy. Representative institutions based on one person one vote determine the principles and general direction of an elected government. Participatory democracy can monitor the work of the executive and state apparatus. The importance of process Take waste. The same principles of daily and ongoing democratic processes could be applied to education, transport, and social services. Formally, representative democracy does have the final say. Participatory democracy, in a complementary relationship to electoral power, thus has the potential to move societies further towards the democratic ideals of popular control and political equality. I believe that a strong and aware civil society keeps their elected representatives on their toes, by asking questions through organized interest groups all of whom press their causes on government, sometimes through political parties and through independent lobbies. Participatory democracy provides a real alternative, or complement, to elected power: a distinct and organized public sphere in which the demands of the people can be articulated, developed and negotiated between each other, and finally negotiated with the local or other relevant state institutions. Conditions for participatory growth In order for participatory democracy to attain legitimacy and reinvigorate democratic politics as a whole, certain conditions need to be in place. The aim for participatory institutions is essentially to share decision-making power with government, to exercise some control over the work of state institutions and to monitor the implementation of governments decisions. The process must get results; in the sense that these parties are able to use their electoral legitimacy to emphasize the importance of the participatory process. If participatory democracy spreads, the institutions of representative government may lose some power to the new participatory sphere. The new systems of managing public resources through a combination of electoral and participative democracy bring an overall gain in democratic legitimacy and as a result, potentially, in democratic power. I believe that participatory democracy and the election process should be in the forefront in advocating transparency among government officials and their constituents. It is also important that citizens should be more aware and involved because the main argument of a democracy is the constant participation of people with regards to political debates and decisions. Without the people’s involvement, government leaders will not hold positions of power in the first place. Grassroots parties that are well represented inside the halls of congress should not just advocate the things that they think are important, but they also should stand as role models for the people who do not have the chance everyday to sit in a position of power. It is inevitable in a democracy that sometimes elections become an issue in itself. With this in my mind, I believe that people who go out to vote and those who pass on the opportunity to vote must always respect the final verdict whether it favors them or not. Yes, it is an issue because sometimes it is very easy for people to point fingers and start up a rumor that an election is fixed. For me, the only solution for this issue is to improve the way elections are being held. As a voter myself, it would also help if we encourage our society to go out and vote. Apathy sometimes can backfire on us. We should take care of our rights as citizens and voters to be more aware of the situation and act accordingly. By doing so, we protect ourselves from being short changed by the very institution, which the sole purpose is to protect us.

Wednesday, August 21, 2019

Alex and Patrick - Separated at birth Essay Example for Free

Alex and Patrick Separated at birth Essay For my project, I have chosen to compare and analyse the characterisation of two of literatures most psychotic characters, Alex from A Clockwork Orange by Anthony Burgess, and Patrick Bateman from American Psycho by Bret Easton Ellis. Patrick and Alex are from, and live in two completely different worlds, but what I aim to prove is that if you look past the superficial differences of the stories, the base characteristics and emotions of the two characters are the same. The Books Both American Psycho and A Clockwork Orange are considered to be satires and black comedies. Ellis version of 80s New York and a Wall Street executive gone insane is considered a satire of the 80s obsession with greed, money, power, women, drugs and getting a reservation at Dorsia. It is about Patrick bateman, a successful stockbroker, who by day goes to work, discusses fashion tips with his friends and goes to the most expensive restaurants, and by night, is a psychopathic mass murder. It is derivative of, and has been praised as the darkest satire since A Clockwork Orange, Burgess vision of a future run by martial law with teenage criminals running amok is considered a satire on State Censorship, the government and free will. It is about Alex, a fifteen year old boy who goes out raping, stealing and murdering, until he is arrested. When in jail, the state tries to reform him, but end up turning him into nothing more than A Clockwork Orange, a person with no free will, no choice, and no life. Have the government gone too far? Both books have been viewed as misogynistic, discriminating against social classes, and in some parts racist, but regardless of this the books are still considered cult classics. Lifestyle and Friends Patrick and Alex are both given backgrounds, complete with friends and lifestyles. In American Psycho, Ellis depicts Patricks lifestyle as restaurants, designer clothes, attractive women, cocaine and martinis. In contrast, Burgess shows Alex as being from a poor family, a convict, and a victim of the system. Patricks lifestyle is written about much more than Alexs, as Ellis intersperses Patricks deeds with passages about work, the difficulty of getting a reservation at a good restaurant, and which tie he should wear to match his new Valentino suit. Burgess does write about Alexs life in some detail, such as the purchasing of a new record, what he is wearing The heighth (not a spelling mistake) of Nadsat fashion, and his favourite places (The Korova milk bar for some Moloko plus). The extract from American Psycho marked Friends describes the beginning of an evening out for Patrick. Notice how Ellis starts talking about what everyone is wearing as though it is relevant to the story line, however it is relevant to the theme, showing the 80s obsession with designer labels. It seems as though Patrick feels it is neccesary to identify where everyones clothes are from. The following page shows Patrick giving out fashion tips and everyone listening as though he is a fashion guru. In the extract, Ellis shows the banter between Patrick and his friends, McDermott, Van Patten and Price. Patrick doesnt mention any of his deeds to his friends, or as part of the narration at this point. There doesnt seem to be any kind of a hierarchy within the group, everyone seems to be equal, although we do tend to see Patrick as the main person in the group, due to the first person narration. In contrast, Alex is the leader of his little group, and this is apparent from the start, as Alex bosses around the other three, especially Dim, whom he bullies constantly (I think he came up with the name in reference to his intelligent). Alex also describes what he is wearing, but only three times when it is neccesary, and not in as much detail as Patrick goes into. Although Alex works with his friends, or droogs, they dont seem to discuss their crimes between them. Paradoxically, Patrick, who works alone, brings up his crimes in conversations with his friends and fianci e, but they are either not listening, take it as a joke, or are too drunk to understand or remember! Alexs lifestyle is reflective of the chronological setting of the book, as it is set in one possible future, where it seems martial law rules, and everyone who is old enough to work has to work. Alex is only 15, and is not old enough to work, so he goes out stealing to earn money. Although, when you strip away the superficial characteristics, you can see that Patrick is just an upscale, 80s yuppie version of Alex, as both of them are brash, arrogant, brutal, self-involved and obsessed with music, appearances, and violence. Music Both Patrick and Alex have an obsession with music. Patrick listens to more contemporary styles of music, such as Huey Lewis and the News, Whitney Houston and Genesis, whereas Alex favours the more classical music of Beethoven and Handel. Music seems to affect both Patrick and Alex in different ways. In American Psycho, Ellis has written entire chapters devoted to the above bands, so the inclusion of music in the novel may be something personal to Ellis, because hes done his research, although it does also add to the 1980s feel of the book. Apart from this, the chapters do seem somewhat irrelevant to the story, as the preceding and following chapters have nothing to do with the music. Both Patrick and Alex feel it necessary to list and describe their sound systems. Ellis uses two whole pages describing a consignment of top of the range technology that arrives at Patricks house. This is showing the reader Patricks wealth, rather than his love for music, whereas in A Clockwork Orange, Alex describes his stereo as The pride of my jeezny. Later on in the book, he criticises two girls stereos, then says Come with me and hear all proper, meaning that his stereo is far superior to theirs. Patrick merely reviews and talks about the music, whereas Alex becomes engulfed in it, which is why he describes listening to classical music is gorgeousness and gorgeosity made flesh. He also uses other words such as bliss, heaven, Wonder of Wonders, proving that music to him is not just music, but an emotional thing, and as though he physically feels something. Alex compares listening to music like being on drugs. Later in the book, after being treated with the Ludivico Technique, Alex is inadvertently conditioned against all emotional music, and after being forced to listen to Otto Skadeligs third symphony, he tries to kill himself. It is the ultimate irony that the one thing he loved so passionately is the thing that causes him to attempt suicide.

Tuesday, August 20, 2019

The Significance Of The Dorado Sequence

The Significance Of The Dorado Sequence In Candide by Voltaire, describes the transformation of the protagonist Candide, throughout the story. The author demonstrates the character development over the story starting with an innocent personality as a child who does not have responsibility to know, into a great man who experienced the life means. Basically Candide endures the human suffering to get his final destiny. During his crossing candide visited many cities which make him have different point of view about life experience such as El Dorado. It was a great place totally different from the rest of cities. In the story the language shows Candides progress towards maturity. When Candide was expulsed from the palace for his love to Ms. Cunegonde, he experimented a cruelty period of life. But it help him to face the philosophical view that all things in life are necessary for some greater good. As said his best friend and philosopher Pangloss. ,He sees that everything does not happen for the best as the philosophers and metaphysician Pangloss had told him in the Barons castle. (Philip Littell)Throughout Candides travels he develops a new philosophy of life, his eyes open to reality. In the story El Dorado have a big role in Candide ideologies about life. People in El Dorado have different ways of thinking and priorities with Europe or visitors. I simply cant understand , said he, the passion you Europeans have for our yellow mud; but take all you want, and much good may it do you.( Candide,408).El Dorado habitants know how the outsiders over appreciate money and gold. Also ,people from there ,know that materialistic things are important and indispensable for the visitors and most of the time the only way to meet happiness for a while they have those valuables were worthless for them. In constrat el Dorado is the notion of emotions such as love and care are freely chosen. People in El Dorado value the species and fellow human rather than having wars against each other for a ridiculous argument and ambition of possessing all the materialistic objects. Moreover, El Dorado is a really simple and humble city, where people do not need extravagant things, they only have the essential things and there are no disagreements between them, poverty is nonexistent. Cacambo its true my friend it again, the castle where I was born does not compare with the land where we now are; but Miss Cunegonde is not here.(Candide, 408).In this quote I could perceive the reason of candide to leave el Dorado, it was Miss Cunengonde. Candide was really in love with her and he wanted to be with her. The love of both was not accept for their different social classes. Candide to get his change goes through many adventures and gradually matures into an experienced and practical man. Finally, he decides to settle down and live by farming his own garden-this symbolizes his surrender to simple self-preservation and candide said that we must cultivate our garden.(Voltaire 30,438) After a long and difficult struggle in which Candide is forced to overcome misfortune to find happiness, he concludes that everything is not as good as it seems the way Dr. Pangloss, his tutor had taught him. Another important point in El Dorado is that people shared their belongings and there is no such a feeling as avarice and envy in this place. Even though the residents of El Dorado do, they do not have an organized religion and do not believe in a religious persecution. None of the inhabitants they all believe the same thing. In order Voltaire remarks that unlike Europe and the rest of the world in El Dorado people are free to follow and express their own faith and not be afraid of future consequences of others disapproval. Furthermore, in El Dorado there are not courts or prisons because everyone acted with a good attitude toward each other. By the way, their system of education is well organized and advanced compare to the rest. Unfortunately, the rest of the world is really different from El Dorado. In this part of the world we can see a lot of violence, corruption and misfortune thats why El Dorado tries to keep away from the rest of the world, because habitants does not want to be infected with this style of life. Everyone wants to been in a community without those problems, because the environment plays a big role in the way we live and, also in the way we interact with the others. Instead of living in an infected world we should be looking for a better lifestyle. We only request of your majesty, Cacambo said, a few sheep loaded with provisions, some pebbles, and some of the mud of country. The king laughed. I simply cant understand, said he, the passion you Europeans have for our yellow mud; but take all you want, and much good may it do you.(candide, 408) In addition, El Dorado dont need of gold and jewels to been happy like the rest world, that the main priority is have more and more money to be happy. A great and important value from the habitants of El Dorado is that always they demonstrate love, respect and confidence to their children and community. One thing important that i learned of the book el dorado is that they always is important show love, respect and confidence to their children and community and the thing materialistic dont need been the most important to them. In contrary, the rest world teach to children that materialistic things are important to reach the happy and I believe that is great problem that present the society today because they dont found confidence, respect and love. Then they use drugs to gain attention from their parents, because their parents dont have communications with them. Many teens use drugs because they are depressed or think drugs will help them escape their problems. El Dorado contrast to t he rest of the world in many different ways one is that rest word is materialistic and the effects that cause a society materialistic are the use drugs, alcohol and crime. It is the same as our addiction to all the materialistic things in the world. In addition, rest world have become extremely addicted to the material world. People El Dorado is different because they are peace-loving people determined to live a life of simplicity, sheltering themselves from the outside world to better focus on the spiritual world. The most important for El Dorado community is that they want to feel better of follow with the values of their community. Candide listened attentively and believed innocently; for he thought Miss Cunegonde extremely beautiful, though he never had the courage to tell her so. He concluded that after the happiness of being born Baron of Thunder-ten-Tronckh, the second degree of happiness was to be Miss Cunegonde, the third that of seeing her every day, and the fourth that of hearing Master Pangloss, the greatest philosopher of the whole province, and consequently of the whole world (candide 1, 378) During his adventures he realize that things not always happen for the best, he understand that it just happen in his innocent mind. El dorado have a great important to one of some changes of Candide was his philosophy really optimistic mind everything is for the best. It was a phrase of his teacher Pangloss He taught that everything was for the best and Candide, having never heard any other philosophies, agrees blindly. In his amazing journey he finds that every event in the world has a reason, and whether there are positive or negative moments you have to live them.