...BAN OF CHINA MADE PET TREATS SUPPLY INTRODUCTION As raising fears of pet’s health issue, pet specialty retailer (PETCO) in the United States banned cat and dog food supply from china. As per investigations it was known that more than 4,800 complaints reported of pet illnesses and more than 1,000 reported of dog deaths after pets ate Chinese-made chicken, duck or sweet potato jerky treats. The main concern was about a food safety issue of pets, where the shoppers want to get rid of the harmful pet food and retailer stores does not want to sell china food any more. The market supply in United States dramatically goes down due to lack of buyers by the end of the year. ECONOMIC ANALYSIS The focus of our economic analysis is the market for pet food from china. Since the quality was not good the supply of about 50% of China Jerky treats sold by PETCO has been banned. Based on quality, the quantity of supply has decreased which shifts the supply curve from right to left and the price of an input also goes down finally. GRAPHICAL REPRESENTATION OF DECREASE IN SUPPLY OF JERKY TREATS P S2 S1 P1 P2 ...
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...CASE: GS-63 DATE: 09/15/08 UNSAFE FOR CHILDREN: MATTEL’S TOY RECALLS AND SUPPLY CHAIN MANAGEMENT We apologize to everyone affected by this recall, especially those who bought the toys in question. We realize that parents trust us with what is most precious to them—their children. And we also recognize that trust is earned. —Robert Eckert, CEO of Mattel, Inc.1 On August 2, 2007, Mattel announced a voluntary worldwide recall of 83 products in its Fisher- Price toy lines, including characters such as Dora the Explorer, and the Big Bird and Elmo characters from Sesame Street. The recall, which applied to approximately 1.5 million toys sold worldwide after May 1, 2007, was due to the use of excessive lead paint.2 Over the next month, Mattel announced six more recalls that covered toys with lead paint, as well as small magnets that could become loose and be ingested by children. In October, Mattel made yet another recall for lead paint contamination.3 All of the toys recalled had been manufactured in China. Two weeks after the August 2nd recall, the owner of the Chinese factory that had used the lead paint committed suicide. This series of recalls attracted widespread publicity, as well as political and consumer concerns that sometimes bordered on hysteria. Newspapers and television networks jumped on the story, interviewing concerned shoppers and showing toys being removed from shelves and parents bringing toys to stores for lead testing. Mattel‟s brand image took a serious...
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...seem motivated more by politically appeasing the United States and other countries than a sincere effort to combat the problem. The United States and other countries want China to impose harsher penalties on crimes linked with counterfeit goods. Chinese law protects trademarks and prohibits companies from copying the “look and feel” of other companies' stores. The Chinese government enforced laws against copyrights piracy in 2006; there were criminal penalties on producing or selling counterfeit goods if the total value of the confiscated products was less than a certain amount. The penalty for importing pirated discs is up to four years in prison and a fine of $1,290 for each imported disc. The Chinese government warns violators in large markets in Shanghai and Beijing of these penalties. However, some doubt that much will change until China graduates from manufacturing goods to designing them. New opinions on handling criminal copyright infringement cases contain helpful provisions which could foster an effective criminal remedy against online piracy activities. The International Intellectual Property Alliance (IIPA) commends the efforts of the U.S. Government to secure these important commitments. However, as has been the case with past commitments to improve copyright protection and market access made by the Chinese Government, “it remains to be seen whether the Chinese will implement them in a sustainable and meaningful way, at the central and provincial levels, to ensure...
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...position as a market leader, reasons behind that shall be discussed by showing the financial history for Premier Foods and suggest strategies that Premier Foods need to implement in order to enhance its revenues and position in market. Premier Foods Background The company was founded in 1981 when Hillsdown Holdings purchased Lockwood’s Foods. Then named as Hillsdown Ltd. The company dealt with canning fruit and vegetables and carbonated drinks. In 1983 Hillsdown Ltd. acquired TKM Foods including Smedley’s canned and frozen fruit and vegetables. In 1985 they acquired meat canning of Robert Wilson. In 1986 they acquired John Morell & Co Ltd. who was into the fruit and vegetable canning as well and also had pet food business at Bardney, Lincs. This factory was later changed to pet food manufacturing only. This year they also acquired Morton’s from Beechams. Their factory at Lowestoft was producing fruit fillings, seasonal vegetables and processed peas, later closed. Later in December the same year Premier Foods acquired furit and vegetable canning operations of Beechams. In 1987 they sold to Salvesens thefrozen veg operation. 1989 Haywards...
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...Transcript of Coca-Cola photo credit Nasa / Goddard Space Flight Center / Reto Stöckli PRESENTATION OUTLINE COCA-COLA HERITAGE TIMELINE 1886 -2013 How might Coca-Cola have responded differently when this situation first occured, specially in terms of responsibility to negative perceptions among Indians of Coke and other MNCs? If Coca-Cola wants to obtain more of India's soft drink market, what change does it need to take? Companies like Coca-Cola and PepsiCo in demonstrating their commitment to working with different countries and r especting the cultural and natural environments of those societies. WONG KIM MAY ESHA CHOWDHURY KHO XIAN WEI 3.1% of all beverages consumed around the world are Coca-Cola products. DO YOU KNOW? Coke make so many different beverages that if you drank one per day, it would take up 9 years to try them all. Coca-cola's $35.1 billion in revenue makes it the 84th largest economy in the world, just ahead of Costa Rica. The Coca-cola brand is worth an estimated $74 billion : more than Budweiser, Pepsi, Starbucks and Redbull combined. If every drop of Coke ever produced were put in 8-ounce bottles and laid end-to-end, they would reach the moon and back over 2000 times. DO YOU KNOW The red & white Coca-cola logo is recognized by 94% of the World's population. There are 33 non-alcoholic brands that generate over $1 billion in revenue. Coca-cola owns a whopping 15 of them. Around the world, the average person...
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...toys—most of which were manufactured in China. This case study and teaching note examine a corporate response to a global crisis and consider the unique communications challenges facing a corporation that operates in an international, crosscultural arena. The teaching note critiques the response’s suitability to the level and impact of the crisis and recommends alternatives. It illustrates that communicators should be cognizant of their international stakeholders and should proactively manage global issues of public concern such as outsourcing and product safety. An example would be that to avert future recalls, Mattel should work closely with its Chinese suppliers and government agencies to implement realistic quality control solutions for which it can be held accountable. The company must reassure stakeholders that outsourcing to China does not mean sacrificing quality. Regaining consumer confidence and controlling the dissemination of product safety information requires strong corporate communicators who can delicately and deliberately balance complex relationships. Table of Contents I. Case Study 1. Overview 2. Company History 2.1 Beginnings 2.2 Reorganization as Mattel, Inc. 2.3 Products 2.4 Accolades for Ethics 2.5 Financial Performance and Annual Report (2006) 3. Toy Safety in the United States 3.1 Consumer Product Safety Commission (CPSC) Standards 3.2 Mattel's Independent Standards 4. Issues in Outsourcing to China 4.1 China as the World’s Workshop 4.2 Quality Control...
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...development and rehabilitation of project-affected people in the tribal areas of the country * For the non-coal companies, amount will be equivalent to the royalty they pay * Appointed a regulatory body for overseeing the functioning of the mining sector and measures to tackle illegal mining | Maoist problem in West Bengal | * In Jangalmahal region of West Bengal * Maoists: Operations by security forces and peace talks cannot go together. | Yasin Malik's arrest sparks protests | * After police detained JKLF chairman Mohammad Yasin Malik for taking out a rally against the death sentence awarded to Afzal Guru | Court allows export of unused endosulfan | * SC has allowed the export of unused stock of endosulfan. * But the ban on use and production of the pesticide will continue | FDI in beekeeping | * GOI allowed 100 per cent FDI in beekeeping, also known as ‘apiculture' under automatic route * Other areas in which the permission has already been given: * Plantation * Horticulture * Seeds * Cultivation of vegetables and mushrooms * Animal husbandry * Pisciculture * Aquaculture | 2 | | Neelima's application for visa rejected | * American Consulate in Mumbai rejected Magsaysay award winner Neelima Mishra's application for a visa for visiting Chicago | BJP hits out at land transfer pact with Dhaka | * Agreement was signed during the recent visit of PM to Dhaka | Poverty line problem | * As per planning commission recommendation:...
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...Mangalore Refineries & Petrochemicals Limited (MRPL) for setting up an aromatics complex at Mangalore in Mangalore 'Special Economic Zone (MSEZ). OMPL will be a private sector company with ONGC and MRPL holding 49% of the equity capital of the company while the balance 51% equity will be offered to Strategic/ financial investors and retail investors. OMPL was incorporated on 19th December 2006 and its registered office is at 7/24, Cunningham Road, Bangalore, India. Authorized share capital of the Company is Rs 2000 crore (around USD 500 million). OMPL is setting up ban aromatics complex in MSEZ adjacent to the existing refinery of MRPL. The plant will produce 913,700 MT per annum of para-Xylene and about 283,100 MT per annum of Benzene. This complex will get its feedstock, mainly naphtha and aromatic streams from the MRPL refinery. OMPL will enter into a feedstock sourcing arrangement with MRPL for continuous supply of naphtha and other streams. The project is expected to start commercial operation by 2012. 442 acres of land for the complex has already been acquired on long term lease basis from MSEZ and site development work has already started. 1.2 Promoters 1.2.1 Oil & Natural Gas Corporation (ONGC) ONGC is the largest oil exploration company in India and is the largest "Navratna" PSU . ONGC is the only fully—integrated petroleum company in India, operating along the entire hydrocarbon value chain holding largest share of hydrocarbon acreages in India. ONGC has established...
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...used on a premature baby who could not tolerate his mother’s milk or other alternative products of that time. Doctors gave up on treating the infant. Miraculously the baby tolerated Henri’s new formula and it provided the nourishment that saved his life. Within a few years the first Nestlé product was marketed in Europe. In 1874, Jules Monnerat purchased the Nestlé Company. Nestlé developed its own condensed milk to contend with its competitor, the Anglo-Swiss Condensed Milk Company. The Anglo-Swiss Condensed Milk Company made products like cheese and instant formulas. The two companies merged in 1905, the year after Nestlé added chocolate to its line of foods. The newly formed Nestlé and Anglo-Swiss Milk Company had factories in the United States, Britain, Spain and Germany. Soon the company was full-scale manufacturing in Australia with warehouses in Singapore, Hong Kong and Bombay. Most production still took place in Europe. The start of World War I made it difficult for Nestlé to buy raw ingredients and distribute products. Fresh milk was scarce in Europe, and factories had to sell milk for the public need instead of using it as an ingredient in foods. Nestlé purchased several factories in the U.S. to keep up with the increasing demand for condensed milk and...
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...| Procter & Gamble | GEB 4890 | | Hessum Zangenehpour | Fall 2013 | | Table of Contents Executive Summary ……………………………………………………………………………………………………………… Page 2 The Company………………………………………………………………………………………………………………………… Page 2 History and Evolution……………………………………………………………………………………………….. Page 2 Mission and Major Goals…………………………………………………………………………………………. Page 2 Current Strategies……………………………………………………………………………………………………. Page 7 Competitive Environment…………………………………………………………………………………………………….. Page 14 Industry…………………………………………………………………………………………………………………… Page 15 Forces and Trends…………………………………………………………………………………………………… Page 18 Consolidating Retail Sector…………………………………………………………………………. Page 19 Private Labels…………………………………………………………………………………………….. Page 20 Competition……………………………………………………………………………………………… Page 20 Porter’s Five Forces………………………………………………………………………………………………. Page 21 Ethical Responsibilities and Challenges ……………………………………………………………….. Page 25 Environmental pollution…………………………………………………………………………… Page 26 Energy Consumption………………………………………………………………………………… Page 26 Possible challenges facing Procter and Gamble…………………………………………………….. Page 27 Internal Strengths and Weaknesses…………………………………………………………………………………. Page 28 Recommendations ………………………………………………………………………………………………………….. Page 37,45 Implementation……………………………………………………………………………………………………………….. Page 40,45 Evaluation…………………………………………………………………………………………………………………………...
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...Learning Objectives Chapter 1 Distinguish between microeconomics and macroeconomics. Explain the factors that drive demand and supply. 2 Describe each of the four different types of market structures in a private enterprise system, and compare the three major types of economic systems. 3 3 Identify and describe the four stages of the business cycle. Explain how productivity, price level changes, and employment levels affect the stability of a nation’s economy. 4 Discuss how monetary policy and fiscal policy are used to manage an economy’s performance. 5 Describe the major global economic challenges of the 21st century. Economic Challenges Facing Contemporary Business Rudyanto Wijaya/iStockphoto Copyright ©2012 John Wiley & Sons, Inc. NASCAR Tries to Restart Its Engine ASCAR is widely known as the most popular spectator sport in the United States. Yet even its most diehard fans are tapping the brakes when it comes to buying tickets to their favorite speedway. Tracks in cities such as Phoenix and Talladega have reported double-digit percent declines in attendance. Just as worrisome is the fact that, instead of watching races at home, fans are changing the channel. Some critics of NASCAR blame a drop in dramatic action and a mandated car chassis design that leaves car models undifferentiated. Others say that the races are just too long and the broadcast commentary is boring. But NASCAR defenders argue that there’s another huge obstacle: the...
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...hij Teacher Resource Bank Environmental Studies Unit 1 ENVS1 The Living Environment Teachers Notes Copyright © 2008 AQA and its licensors. All rights reserved. The Assessment and Qualifications Alliance (AQA) is a company limited by guarantee registered in England and Wales (company number 3644723) and a registered charity (registered charity number 1073334). Registered address: AQA, Devas Street, Manchester M15 6EX. Dr Michael Cresswell, Director General. Teacher Resource Bank / GCE Environmental Studies / Teachers’ Notes Unit 1 / Version 1.0 Unit 1 ENVS1 The Living Environment Introduction These Teachers’ Notes are intended to expand upon Unit 1: The Living Environment by providing greater detail of the topics to be covered and how these should be developed. Examples included in the specification must be covered. Where specific examples are not given, suitable examples should be chosen to illustrate the principles and issues that are included in the specification. This guide includes suitable examples that may be used (in italics) but others may be used if preferred eg if the candidates or teachers have particular experience or knowledge. It is anticipated that the use of carefully selected examples may reduce total teaching effort by enabling a number of issues to be covered in a single situation. This will also help candidates to appreciate the holistic, inter-connected nature of the subject and prepare them for the study of broader issues such as sustainability...
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...1. Q: Let's talk about your hometown or village, What kind of a place is it? A: My hometown is a laid-back village on the outskirts of Beijing. It's a pretty appealing place—quiet, low-key—which dates back hundreds of years but was never known for anything special, so far as I'm aware. The immediate environment is relatively good and the soil is rather fertile. Small fields surround the village, separated here and there orchards. Most people from the village work the land. They're farmers and their ancestors have always been farmers, which naturally creates a certain mindset and character. Of course, many young people are unsatisfied with this type of life and its corresponding outlook, so some of them have chosen to leave. The village is aging rapidly and the population is decreasing. 2. Q: Do you like your hometown? Why or why not? A: Naturally I love my hometown. Small towns like mine are apt to produce really distinctive characters among the people. Local residents are familiar enough with one another that everyone finds a slightly different social role and takes her role seriously, as it is a form of her identity that allows him to deeply engage her neighbors. This, in some ways, is similar to the formation of a family, where we notice difference among each other more clearly. As a result of this phenomenon, in my view, it's often easier to find a broader range of personalities and interests in small towns than in large cities, where interaction is frequently more...
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...CHAPTER 2. A HISTORY OF DRUG AND ALCOHOL ABUSE IN AMERICA Written by: Tammy L. Anderson To appear in: Harrison, L., Anderson, T., Martin, S., and Robbins, C. Drug and Alcohol Use in Social Context. Belmont, CA: Wadsworth Publishing -1- A HISTORY OF DRUGS AND ALCOHOL IN THE UNITED STATES Introduction The purpose of this chapter is to review the history of drug use and its social control in the United States so that students can gain an improved and thorough understanding of today’s problems and policies. Our approach to this matter is sociological, i.e., exploring how the interconnection between culture, social institutions, groups, and individuals function to create drug-related phenomena. A sociological approach integrates many kinds of social, cultural, political, and economic factors that manifest themselves in everyday life. While pharmacology helps us comprehend how specific drugs impact brain activity, sociology can inform us about the social roots of drugrelated behaviors which ultimately shape beliefs and behavior and motivate social policy. Therefore, a review of drug use in the U.S. and the social response to it must consider many diverse phenomena. This broader framework will move us beyond domestic borders and into the international community, for the history of drug abuse is an international, socio-political marvel. Another idea warrants mentioning before we begin our history lesson. It centers on the idea that drug use and abuse are socially...
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...Anthropology Lecture 1 introduction Common Misconceptions with Drugs . The effect of a drug is caused solely by its pharmacological properties and effects. . Some drugs are instantly addictive . The gateway/ stepping stone theory - the use of 1 drug leads to the use of other more dangerous drugs What are drugs ? Krivanek's definition : Drugs are substances that are introduced into the body knowingly but not as food. Therefore illicit drugs, legal recreational drugs and legal but regulated pharmaceutical drugs that aren't recreational at all. - Whether if a drug is considered bad and is prohibited depends on the culture of the society in a particular period. What is culture ? The definition of culture = Through Roger keesing and Andrew Strathern's definition it is a system of shared ideas, rules and meanings that underlie and are expressed in the ways that human live. - This includes : law, beliefs, political economy, media and popular culture - this perceives ideas about what is normal and abnormal to society. " Culture is always changing and contested, not unified" Enthography as a method for studying drug use It is a process of observing, recoding and describing other peoples way of life through intimate participation the community being studied". - Participation observation, involving yourself in the life of the community , taking up the life of the other person, observing their actions, asking questions and learning what questions...
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