...Introduction Corporate Social Responsibility, also known as CSR, is a self-regulatory system whereby a company keep its business dealings in check with the laws and ethical standards of the society. The various aspects of CSR will be discussed using a case study concerning Hennes & Mauritz (H&M). It is a case of unethical waste discharge by their supplier that is harmful to the environment. The stakeholders that are affected, solutions to this problem and the ethics and values of this case will be further explained and evaluated. This case shows that despite the importance of CSR, there are companies that will choose to break their code of conduct in order to increase profitability. The Case As reported by Frauzel (2011), a Greenpeace representative, H&M is found to be linked to factories that discharged toxic chemicals into China’s rivers and that their line of kids clothing contains nonylphenol ethoxylates (NPEs) that break down into the toxic nonylphenol (NP), which is a hormone disruptor that affects reproduction and fertility. This chemical is said to be hazardous even in small amounts. Moreover, this chemical can cause adverse effects to the food chain if accumulated as it is not easily broken down. Source: Frauzel, T., (2011), Clothing and the global toxic cycle . This is a serious case of pollution as the waste was not treated carefully and released in its toxic form into the water bodies. The Stakeholders and their involvement Shareholders: ...
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...Breaking down My Business Deizjane Watson American Intercontinental University Abstract In this paper the author will describe the organization. He will describe the basic legal, social and economic environments of the organization. The author will describe the management structure. Also, he will describe the operational and financial issues. Finally the author, will identify the impact of the potential change factors including the role of technology. Breaking down My Business I have chosen to write about my clothing boutique “Placar”. Placar is a boutique that sells unique business clothing. The store is designed to catch the eye of the fashionable business individuals. It is a smaller, unique New York and Company. The basic legal environment is a sole proprietorship business. There is one owner who accepts all profits and loss of the company. The business and owner’s personal tax return are one and the same. If the owner decides to sell there are no meetings held because the owner makes all of the business decisions. The owner is consider the business. It is a neighborhood business staying trendy is the most valuable method for the business to remain ahead of the game in the social environment. Staying aware of all the national, state, and city laws and policies of buying and selling merchandise is what it takes to avoid legal challenges. Knowing the competition’s rates and what sells well is an economic tool. The store operates hours are 12p to 8p, 5 days a week...
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...PART 1 Company Allocation Ticker symbol | Company | | GICS Sector | GICS Sub Industry | Address of Headquarters | | BEN | Franklin Resources | | Financials | Diversified Financial Services | San Mateo, California | | FCX | Freeport-McMoran Cp & Gld | | Materials | Diversified Metals & Mining | Phoenix, Arizona | | The cost of capital of the aforementioned companies will be discussed in the following questions. The companies will be referred to by their Ticker Symbols henceforth. Question 1 BEN The book value of the company’s liabilities and equity can be deduced from a number of online sources. The US Securities and Exchange Commission (2013) provided the company filings data whereby BEN’s Form 10q, dated 29/07/2013, showed the following (included on page 2 of this report). The book value of long-term debt is $1,252.1 million, and the book value of equity is $10,402.3 million. The schedule of outstanding debt shows that this figure includes $54.5 million of FHLB advances and $1197.6 million of Senior Notes at various effective interest rates. The notes on Stockholders Equity and Non- Redeemable Non-Controlling Interests reveal that Franklin Resources Inc Stockholders Equity totals $9779.8 million whilst the Non- Redeemable Non-Controlling Interests (previously referred to as minority interests) totals $622.5 million. FCX The book value of the company’s liabilities and equity can be deduced from a number of online sources. The US Securities...
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...Dr. Andreea AVADANEI Marks&Spencer Report 2011 With a 21 million customers visiting weekly its stores and group revenue of £9.7bn in 2011, Marks&Spencer (M&S) is one of the most important UK retailers. Expanded all across Europe, Asia and Middle East, M&S has a store network of 152 wholly-owned and partlyowned locations and 209 franchises (2011), transforming more and more into a strong international business presence that offers great value clothing, extremely high quality food and a variety of home products. M&S strategy is to become a global multi-channel retailer (Bolland, 2011) in order to reduce its dependency on the UK market conditions and economic climate and to create a powerful brand serving a worldwide customer base. With an extraordinary understanding of customers selective needs based on a complex combination of market analyses and research feedback to identify trends and factors influencing their choices and decisions, M&S provides quality, value and innovation, positioning customers at the heart of the entire business. This report presents an overview of M&S activity and perspectives using a) a comprehensive PESTEL analysis to point out the trends and the environmental influences affecting the business, b) Porter’s five forces framework to explore and evaluate M&S attractiveness, c) a detailed SWOT analysis to highlight the company’ main advantages and hot spots and to identify any opportunity it can capitalize on and challenges that may endanger its future...
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...(a) First, determine the Queuing Models 1. Queuing Models Poisson Arrivals Standard (Infinite Queue) Exponential Service Times Single Server (M/M/1) Standard M/M/1 Model P0 = 1 – P (Probability of 0 customer in the system) P (n ≧k ) = ρk (Probability of Pn = P0ρn (Probability of exactly n customers in the system) Ls = λ / ( μ – λ ) (Mean no. of customers in the system) Lq = ρλ / ( μ – λ ) (Mean no. of customers in queue) Lb = λ / ( μ – λ ) (Mean no. of customers in queue for a busy system) Ws = 1 / ( μ – λ ) (Mean time customer spends in the system) Wq = ρ / ( μ – λ ) (Mean time customers spends in the queue) Wb = 1 / ( μ – λ ) (Mean time customers spends in queue for a busy system) Now, in our case, Λ (mean arrival rate) = 15/hr μ (mean service rate per busy server) Old machine’s mean service time= 3mins, 60/3 =20/hr New machine’s mean service time= 2mins, 60/2=30/hr Wq =ρ/ ( μ – λ ) (Mean time customers spends in the queue), Where ρ = λ / μ Old machine: (15/20)/ 20-15 = 0.1 hr = 9mins New machine: (15/30)/ 30-15= 0.03333 hr = 2mins According to the case, the average wage of the people who bring the documents to be copied is $8/hr, If the company rent the old machine and there are 15 arrivals/hr, There total mean time spend in the queue is ( 15 x 9 )mins = 135mins = 2.25hr, The total wage = $8 x 2.25 = $18 If the company rent the new machine and there are 15 arrivals/hr, The total mean time...
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...European Foundation for the Improvement of Living and Working Conditions EMCC case studies Industrial change in the textiles and leather sector: Hennes & Mauritz Company facts Market dynamics and company changes Organisation and the market Employees Virtualisation of the workplace Research and development Contact details Source list EMCC case studies are available in electronic format only Wyattville Road, Loughlinstown, Dublin 18, Ireland. - Tel: (+353 1) 204 31 00 - Fax: 282 42 09 / 282 64 56 email: postmaster@eurofound.eu.int - website: www.eurofound.eu.int Company facts Hennes & Mauritz (H&M) is well known throughout Europe as a highly successful company selling low-priced fashion clothing and accessories. Erling Persson established the company in Sweden in 1947, and today the Persson family is still on the company board. In recent years, Hennes & Mauritz has been very successful, expanding its outlets at a rapid pace. Today it is one of the most important players on the retail fashion textile market. After opening its first store (as Hennes) in Sweden in 1947, the company expanded to the Danish and Norwegian markets in the 1960s and to the British market in 1976. In 1965, following the take-over of Mauritz, the company became Hennes & Mauritz. In 1974 the company was quoted on the Swedish stock exchange. Since then, Hennes & Mauritz has been entering several other European countries at a steady pace, being present in the USA since the year 2000. Today Hennes...
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...The Surrogate Motherhood Controversy POSC 450.001 Senior Seminar October 24, 2009 The Surrogate Motherhood Controversy Introduction “A surrogate mother feels like a flesh covered test tube during the entire experience. As the fetus grows the women is depersonalized and she become fragmented from the whole person –merely a vehicle for breeding babies.” There is a huge controversy of whether surrogate motherhood should be legal. This controversy has started huge debates worldwide. It has brought attention to doctors, sociologists, feminists, historians, and people of different cultures, races, classes and religions. The major overwhelming arguments is that the act of surrogacy should be illegal. The issues and objections surrounding the surrogate motherhood is that it is considered baby selling, finding the legality of its contracts, and the class of people, whether they are rich or poor. The other concerns are the traditional rights of the birth mothers, the psychological impact of these children who are born under these contracts. The purpose of this paper is to introduce, discuss and analyze the controversy of a surrogate mother. The paper will find the reasons of why women want to become surrogate mothers. This paper will examine the different viewpoints that have been in conflict for many years. The paper will reveal how some women chose to become surrogate mothers just for the money and that some do it because they want to help couples who...
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...75 H&M ( ， ， 。 ， ， , 100029) ， 。 。 H&M H&M ， H&M ; ; ; ; Abstract:Crossover marketing is one of the most popular marketing strategies. With the continuous practice, it has been gradually becoming a global trend. As the leader of fast-fashion industry, H&M gains huge success around the world. Its fabulous fashion style and crossover marketing , these made the brand closer to consumers. This thesis has analyzed about the crossover marketing strategy of H&M and concluded some inspiration to China clothing business based on the research result. Key words:H&M ；crossover marketing ；Crossover of design ；Crossover of region ；Crossover of promotion ；Crossover of channel F274 1947 100 H&M 2009 132.65 29 。 、 CROSSOVER 。 。 / 。 。 H&M 。 1、 H&M 。 。 H&M 。 。 。 Lagerfeld 2005 Stella McCartney 11 CHLOE 、 。2004 Chanel 。 Karl Lagerfeld 500 H&M 。 。 GUCCI —— —Stella McCartney for 400 。 Karl “Karl Lagerfeld For H&M” Fendi —— —Karl Lagerfeld 。 、 。 、 H&M H&M 。 。 2004 2 73000 28 2008 。 2007 。 4 12 34 104041 H&M Millward Brown 2009 H&M 120 。 。 · 100 。 — 4 2000 2003 120 mini cooper —— —mini motion 2 part shoe。 、 1700 。 H&M 。 。 。 。 A 1671-8089 （2010 ）02-0075-03 76 H&M。 、 H&M 。 H&M 。2006 VICTOR&ROLF 2007 Roberto Cavalli 2008 H&M 。 2009 。 2、 H&M 。2007 。 。 。 H&M H&M 。 Kylie Minogue Kylie 。 H&M 2007 。 H&M 1947 。 。 H&M 。 H&M 2006 H&M Alshaya 。 H&M H&M 、 。 、 H&M H&M 。 H&M 2 。 H&M 、 、 。 2009 2 28 。 。H&M 1964 34 H&M H&M 1700 H&M H&M 《 6 。H&M 2》 H&M H&M loves Kylie 。 、 M by Madonna...
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...Ricky Cheers H&M in India In 2015, H&M opened its first store in India. The emerging market of India was an obvious choice for them. The Swedish retailer is actually behind its competitors of taking advantage of the Indian market. H&M opened its first store in 1947. It was located in Västerås, Sweden and specialized in only women’s clothing. The store was just called Hennes then. Hennes means “hers” in Swedish. In 1964, Hennes opened its first store outside of Sweden, in Norway. In 1968, the company’s founder Erling Persson bought a hunting apparel retailer called Mauritz Widforss. Soon they would start to sell men’s and children's clothing. The name was changed to Hennes and Mauritz and today we have H&M. After the first store opened outside of Sweden in 1964, H&M started to expand more into Europe. Next was Denmark, Switzerland, Germany and the United Kingdom. In 1976, the first store outside of Scandinavia was opened in London. In 1998, online shopping became available for H&M. The company did not expand outside of Europe until 2000, when it came to the U.S. Today there are over 400 stores in the U.S. alone. Worldwide there are over 3,700 stores in 61 different countries and it is the second largest global retailer. H&M specializes in “fast fashion”. Fast fashion is a term used by fashion retailers to express that designs move from the catwalk quickly in order to capture current fashion trends. Fast fashion clothing collections are based...
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...especially in this time frame that we are living in. this is where the popular clothing brand H&M comes in. since Erling Persson acknowledges that the society is dependant and are up to date with the latest fashion trends and he has took upon himself to develop clothing to make the consumers a victim of “vanity slaves” Hennes & Mauritz which has been known H&M for decades is a very popular retail clothing company known for its trendy fashions targeted for women, men, teenagers and children. The company's founder Erling Persson traveled in 1946 and came up with the business idea which was to offer fashionable clothing at great prices. In 1947 he opened his first shop in Vasters, Sweden called "Hennes”, where he exclusively sold women's clothing. "Hennes" is Swedish and means "for her" and/or "hers". 1968 clothing retailer Mauritz Widforss took over, which led to the inclusion of a menswear collection in the offer and the name change to "Hennes & Mauritz" (H & M). In 1998, the company succeeded her initials "HM" which was the combination of both names. The company offers great items for everyone, that’s the major result of their success. The multimillion company has gained so much popularity that they have managed to branch out 2776 stores in 43 countries around the world. The company has successfully globalised their brand but they’ve done achieved this the cruel and easy way. H&M is one of the most successful affordable clothing companies worldwide. The question is how this...
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...of New England Foundry In this analysis of New England Foundry we need to make a comparison with each of the models or layouts, the first combined counter with the new mentioned model with separated counters, for the determination of time saved with the new layout and then the amount that could be saved per hour with the same. For the layout with combined counter there is 2 servers with a single waiting line, the queuing model that is being used is the M/M/s, because of this queuing pattern consists of single phase and multiple servers. The arrival rate of 7 (4+3) per hour and service rate of 5per hour, which gives the average time in the system W=0.3922hours or 23.53minutes (refer to Excel) the time taken per trip is as follows: For maintenance people it will be 23.53+6 (walking time taken) =29.53minutes. For molding people 23.53+2= 25.53minutes. For the new layout with separate counters, Bob for the maintenance shop and Pete for pattern shop both of them follow M/M/1 model with single-server and single-waiting line. Bob providing for the maintenance people, serves 6per hour at an arrival rate of 4per hour, giving the average time in the system W=0.50hours or 30minutes(shown in A5) with the time taken for trip is 2minutes 30+2=32minutes, this is an increase of time, 2.47minutes compared with the other layout for maintenance dept. Pete serving the molding people, serves 7per hour at an arrival rate of 3per hour, giving the average time in the...
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...like mobile can be used to pay insurance premium and to pay grocer’s bill. * Government is viewing this revolution to provide financial inclusion at a macro level. * Mobile banking is expected to bring this vibrant dream right down to masses. The INDIAN STORY * India has found a confluence of favorable factors such as large mobile user base along with commenced Aadhaar project. * The government intends to make cash payments directly into the accounts of aadhaar beneficiaries. * So to serve all these account holders there is enough scope for intermediaries to come up with solutions and tools to educate these new users. * Services in local languages and offering varied conveniences may lead to early adoption of m-commerce. M-Commerce Efficiency * There is much efficiency to be earned by converting a cash economy into an electronic economy. * Huge costs are involved in the back-end of a cash economy. Example-A customer makes his premium payment to an advisor in a village, who puts this money in the branch, which hands it over to the bank and thus a long value chain involved. * Now in electronic economy costs will reduce. Example-A customer hands over cash to advisor and advisor makes a mobile payment through (USSD) Unstructured Supplementary Service Data mechanism. When the advisor accepts...
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...and Transistor Count 1. Search the Internet using keywords such as “Intel Processor Transistor Count.” 2. Create a table that presents the processor model, year and transistor count for Intel processors from 1971 to the present. 1982 Intel 286 Processor 134K Transistors 1982 Intel 286 Processor 134K Transistors 1978 Intel 8086 Processor 29K Transistors 1978 Intel 8086 Processor 29K Transistors 1974 Intel 8080 Processor 4500 Transistors 1974 Intel 8080 Processor 4500 Transistors 1972 Intel 8008 Processor 3500 Transistors 1972 Intel 8008 Processor 3500 Transistors 1971 Intel 4004 Processor 2300 Transistors 1971 Intel 4004 Processor 2300 Transistors 2003 Intel Pentium M Processor 55 Million Transistors 2003 Intel Pentium M Processor 55 Million Transistors 2001 Intel Xeon Processor 42 Million Transistors 2001 Intel Xeon Processor 42 Million Transistors 2000 Intel Pentium 4 Processor 42 Million Transistors 2000 Intel Pentium 4 Processor 42 Million Transistors 1999 Intel Pentium III Processor 9.5 Million Transistors 1999 Intel Pentium III Processor 9.5 Million Transistors 1998 Intel Celeron Processor 7.5 Million Transistors 1998 Intel Celeron Processor 7.5 Million Transistors 1995 Intel Pentium Pro Processor 5.5 Million Transistors 1995 Intel Pentium Pro Processor 5.5 Million Transistors 1997 Intel Pentium II Processor 7.5 Million Transistors 1997 Intel Pentium II Processor 7.5 Million Transistors ...
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...The Surrogate Motherhood Controversy The Surrogate Motherhood Controversy Introduction “A surrogate mother feels like a flesh covered test tube during the entire experience. As the fetus grows the women is depersonalized and she become fragmented from the whole person –merely a vehicle for breeding babies.” There is a huge controversy of whether surrogate motherhood should be legal. This controversy has started huge debates worldwide. It has brought attention to doctors, sociologists, feminists, historians, and people of different cultures, races, classes and religions. The major overwhelming arguments is that the act of surrogacy should be illegal. The issues and objections surrounding the surrogate motherhood is that it is considered baby selling, finding the legality of its contracts, and the class of people, whether they are rich or poor. The other concerns are the traditional rights of the birth mothers, the psychological impact of these children who are born under these contracts. The purpose of this paper is to introduce, discuss and analyze the controversy of a surrogate mother. The paper will find the reasons of why women want to become surrogate mothers. This paper will examine the different viewpoints that have been in conflict for many years. The paper will reveal how some women chose to become surrogate mothers just for the money and that some do it because they want to help couples who cannot produce children. This paper will also show...
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...Hey fvdfvdf df df df df df df fd df fd fd df fd df df df df fd dfdf fddf dfdfdf fd fdfd fddfdfdffdfdffdfddf ddf The composition of the county courts varies but is regulated by law. The Copenhagen County Court has 49 judges and a President, whilst Aarhus, Odense, Aalborg and Roskilde county courts have a President and 15, 10, 10 and 7 other judges, respectively. 29 jurisdictions have two to four judges, whilst the last 50 jurisdictions have only one judge. At the preparatory and trial stages of civil cases only one judge presides. In criminal cases where the defendant pleads guilty to all charges presented against him or her, or when the prosecution does not ask for a sentence in excess of a fine, the case is also presided by a single judge. In criminal cases where this is not the case, the judge sits with two lay judges. Special rules regarding appointment of lay judges apply to maritime cases. In cases where lay judges sit with the judge, decisions are adopted by simple majority. In addition to their normal duties, county court judges act as notary public and bailiffs (in particular, the fogedret sees to the enforcement of judgments and legal claims), as well as administrators of bankruptcy proceedings and probate matters. Furthermore they administer the local land registry. In regard to the administrative tasks, these functions may be assigned to an assessor, which is a deputy judge. An electronic reform of the land registry system is being implemented, making the system...
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