...include: Roasted chicory roots used as an adulterant for coffee Diethylene glycol, used dangerously by some winemakers in sweet wines Apple jellies (jams), as substitutes for more expensive fruit jellies, with added colorant and sometimes even specks of wood that simulate raspberry or strawberry seeds Water, for diluting milk and alcoholic beverages Cutting agents used to adulterate (or "cut") illicit drugs—for example, shoe polish in hashish, amphetamines in ecstasy, lactose in cocaine Urea, melamine and other nonprotein nitrogen sources, added to protein products to inflate crude protein content measurements[1] High fructose corn syrup or cane sugar, used to adulterate honey Water or brine injected into chicken, pork, or other meats to increase their weight[2] History[edit] Historically, the use of adulterants has been common; sometimes dangerous substances have been used. In the United Kingdom during the Victorian era, adulterants were common; for example, cheeses were sometimes colored with lead....
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...quick-service restaurant (QSR) to enter China in 1987, and remains China’s number one QSR today with more than 5000 restaurants in over 1100 cities. (Yum! Restaurants in China) KFC started as a joint venture company; 60% stake held by KFC, 27% by the Beijing Tourist Bureau and 13% by Beijing Food Production. In 1988, Bank of China bought 25% of the venture, diluting KFC to 51% of shares. The first KFC was opened in Beijing, Qianmen, five minutes away from Tiananmen square. (Qingfen) When KFC first entered China, it was a great success. It was an eye-opener into American cuisine and culture. Chinese consumers had the perception that anything from the west is the best; since KFC is from the west it was the best. Chicken is the second preference of meat followed by pork in China. Naturally Chinese customers loved KFC’s fried chicken not only because of the product, but also the novel service and environment that was different from what they were accustomed to. Many Chinese at the time never experienced such great customer service and environment before. KFC was not affordable to most of the population at the time. It was a place where people would spend money on for special occasions. But due to the consistency and high quality standard provided, the...
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...give him a hand. Usually sober bankers and investment analysts were entranced by his plain-speaking manner and as the company grew its share price defied gravity. Using its valuable shares as bargaining chips and backed up by piles of debt, Mr Ebbers snatched up businesses across the US and waded into Europe. Its acquisitions included UUNet, one of the oldest carriers of internet traffic, which is still a major provider to AOL. WorldCom also sealed what at the time was the biggest deal the US stock market had seen, snatching another US communications group, MCI, from the clutches of BT. That $40bn merger in 1998 gave WorldCom an effective stranglehold on the US internet market, forcing the sale of part of MCI to another British firm, Cable & Wireless. In the deal C&W picked up a piece of internet history as the MCI internet business was one of the original six companies which bought connections to "the internet" when the US infrastructure was privatised by the National Science Foundation. Mr Ebbers made friends around the world, and even installed phone lines to the Kremlin. After four years of planning and investment, his company opened for business in Europe, threatening to change...
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...Essay One: Answer both Part A and Part B Part A - What is your short-term goal following graduation from the Georgetown McDonough MBA Program? What skills are you seeking to develop or improve upon in order to reach your goals? (500 words or fewer) Part B – What is your long-term career goal? (100 words or fewer) Essay 1 - Part A I was like a sinking ship, with no chance to develop the ocean. Four years ago, I started a clothing trading company named DREAMIX with a close friend who majored in art design. He had a dream of becoming fashion designer and I majored in international business with hopes of establishing an international trading company. The name of the company, DREAMIX, symbolized a mixture of our ambitions and dreams for the success of a company that we spent many hours in university planning. Our plan of action was simple; we researched laws required to build a company in Taiwan, talked to several professors, and asked entrepreneurs who had worked in similar areas for advice. Both my partner and I had successful careers in the army and felt fully capable and confident that our success could be achieved through DREAMIX. We were enthusiastic about building our own brand, “Welcome A Board”, as I had been a sponsored skateboarder and had been successful in helping to lead our college skateboarding team. Soon after discussing our plans of making clothes with a friend, we realized we didn’t have the budget to launch a successful marketing strategy...
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...Discussion and Evaluation of Woolworths Foods purchasing process Authors: Ian dlamini, Sne Byron Van Herder, Naseer Khan, Mohamed Kadar & Muhammad Moola, Executive summary Woolworths is one of the biggest retail stores in South Africa. Founded in the early nineteen thirties by Max Sonnenberg, Woolworths has grown to a retail giant with over four hundred stores throughout Africa and Middle East. Along with Woolworths being of such large proportions it now is listed on the Johannesburg Stock Exchange. Within our study of Woolworths we will be examining the purchasing process of this retail giant and in order to achieve this we will employ tools and techniques to simplify our study. This study will compromise of a detailed discussion, illustration and evaluation of Woolworths purchasing process and for the purpose of our study we narrow down the study to a smaller aspect of Woolworths namely Woolworths Food. As we look closer into exactly what is required we employ the use of tools to aid in our study. These will consist of a SWOT analysis of the company, a PESTLE analysis of the purchasing processes and a PORTERS five forces analysis. We will then narrow down the purchasing process to one area of Woolworths namely Woolworths Food and base our study on that. A concise discussion is to follow in which we outline the most important factors that influence the purchasing decision. Included in the factors to be mentioned within our investigation we would refer to...
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...SWOT Table 12 6. Identification and evaluation of the Strategies pursued by Aldi 13 6.1 Strategies implemented by ALDI 13 6.2 Critical Evaluation of the Strategies 14 7. Conclusion 16 8. References 16 1. Introduction Albrecht Discount Inc., globally known as Aldi, is a German based family owned global discount chain of supermarkets. Aldi constitutes of two independent groups, that are Aldi Nord (North) and Aldi Sud (South) legally and economically independent but family related (Aldi Sud Business, 2013). It is the market leader in the industry of international grocery retailing and owns and operates chain of discount grocery stores in Europe, Australia and United States. It’s stores retail and supply general merchandise and food including meat products, fresh meat, frozen and refrigerated foods, sweets and snacks, dairy and bakery products, beverages and pantry items in addition to home care and personal care products (Report Linker, 2013). In the present Aldi Inc.’s strategic analysis is carried out to identify and evaluate its strategies against its business environment to critically analyze whether the strategies pursued by Aldi are effective in maintaining its market leader position or not. In doing so environmental analysis of international grocery retailing industry is carried out to bring about the opportunities and threats the industry is facing and SWOT...
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...Background Tesco Tesco PLC is a British multinational grocery and general merchandise retailer headquartered in Cheshunt, United Kingdom. It is the third-largest retailer in the world measured by after Walmart and Carrefour and the second-largest measured by profits. It has stores in 14 countries across Asia, Europe and North America and is the grocery market leader in the UK, Malaysia, the Republic of Ireland and Thailand. The company was founded in 1919 by Jack Cohen when he began to sell surplus groceries from a stall at Well Street Market, Hackney, in the East End of London. The Tesco brand first appeared in 1924. The name came about after Jack Cohen bought a shipment of tea from Thomas Edward Stockwell. He made new labels using the first three letters of the supplier's name (TES), and the first two letters of his surname (CO), forming the word TESCO. The first Tesco store was opened in 1929 in Burnt Oak, Edgware, Middlesex. His business expanded rapidly, and by 1939 he had over 100 Tesco stores across the country. Originally a UK-focused grocery retailer, since the early 1990s Tesco has increasingly diversified geographically and into areas such as the retailing of books, clothing, electronics, furniture, petrol and software; financial services; telecoms and internet services; DVD rental; and music downloads. The 1990s saw Tesco business motto was "pile it high and sell it cheap", to which he added an internal motto of "YCDBSOYA" (You Can't Do Business...
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...China China is an ancient culture with numerous regional and national traditions and values. While some of the traditions have died out, many are still a very important part of the Chinese society. The role of men and women in China has changed significantly. In China (100 years ago up to a few decades ago), women were treated as inferior in comparison to men, and were restricted to the confines of their homes to raise the children and clean (Live Science, 2013). They would also sew and weave, and prepare food for guests. Women were thought of as yielding, receptive, passive, reflective, and tranquil, where men were hard, active, assertive, and dominating. The men were the sole income and ‘head of the household’. Their job was to bring home money and food for the wife and children while the woman stayed at home. Throughout much of China’s history, women were undermined and almost used as slaves. When communism was introduced (in the 1920’s), women and men became more equal, although they are still not completely equivalent in terms of social and economic status. The One-Child-Policy has pushed the number of women down in China, due to Chinese parents only wanting boys (they are thought of as more ‘beneficial’). Men are still the ‘dominant race’, as they are higher in the percentage of the population in China. In Australia, women and men are almost completely equal. Both women and men both work in politics, manual labour, education, law enforcement, etc. with almost equivalent...
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...“Analyse the current government’s argument that the nature of jobs created within an economy dictate the degree of success rather than the amount of jobs”. 1. Introduction The Irish economy has changed greatly in the last Forty years. An educated workforce and Urbanisation of our towns and cities has seen an industry shift. There are a number of important factors that allowed this to happen so quickly. Ireland’s membership of alliances such as the E.U. and the O.E.C.D and the directives that were incurred as a result of these memberships. More recently in the Nineties the economy had enjoyed a period of prosperity which was generally accredited to the provision of subsidies to knowledge based industries such as I.T., Financial Sectors and Research & Development. This coupled with a desirable location and a new highly educated workforce. As stated in the department of finances report in 2011 the economy experienced imbalances due to bad auditing systems in the banking and building sectors. “The Irish economy was transformed over the past two decades. Per capita income rose strongly, converging towards and subsequently overtaking European average levels. However, from the early part of the last decade, imbalances began to emerge which made the economy increasingly vulnerable. A major property bubble began to unwind from 2007, and the fall-out from this was exacerbated by the major deterioration in the external environment...
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...Inhaltsverzeichnis Executive Summary and methodology 3 TASK 1 3 1. PESTLE ANALYSIS 3 1.1.2 LEGA INFLUENCES 4 1.1.3 ECOLOGICAL INFLUENCES 5 1.1.4 POLITICAL INFLUENCES 6 1.1.5 ECONOMICAL AND FINANCIAL INFLUENCES 7 1.1.6 SOCIAL-CULTURAL INFLUENCES 8 1.1.7 TECHNOLOGICAL INFLUENCES 9 TASK 2 10 PORTER’S FIVE FORCES 10 1.1.8 THREAT OF NEW ENTRANTS 11 1.1.9 DEGREE OF RIVALRY 12 1.1.10 THREAT OF SUBSITUTES 12 1.1.11 BARGAINING POWER OF BUYERS 13 1.1.12 BARGAINING POWER OF SUPPLIERS 14 SWOT Analysis 14 RECOMMENDED STRATEGIES 16 Conclusion 16 APPENDIX 17 References 18 Executive Summary and methodology The goal of this report is to give a brief overview of the primary external influences on McDonalds in the fast food industry of Germany by using the PESTEL framework (refer to Appendix 1 for Corporate Profile). In the second part of the report, the reader is instructed about the changing competitive environment based on the theoretical framework of Porter’s five forces modell and the SWOT analysis of McDonald’s Germany. The analysis demonstrates the influences on the company’s policies and the effectiveness of the organization’s response. This is followed by recommendations on how to improve the current situation and give an overview of McDondals alternative strategy approach to increase their market share as well their profitability. TASK 1 1. PESTLE ANALYSIS According to the PESTLE analysis, an understanding of the environment – macro...
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...La Trobe University Nu Minh Hai Ton Security valuation: Student Research 10 June 2013 Important disclosures appear at the back of this report Food Beverage & Tabacco PattiesFood Limited Student Research: This report is published for educational purposes only, by students enrolled in the subject Security Valuation. 10th June 2013 Ticker:PFL Price: $1.52 EPS FY (c) 2010 A 2011 A 2012A 2013 E 2014 E 12.00 13.13 13.80 12.77 14.66 DPS (c) 6.50 7.70 8.20 7.68 8.21 Franking (%) 100% 100% 100% 100% 100% Recommendation: BUY Price Target: $2.00 P/E (x) 9.00 13.03 11.63 11.90 10.37 Div Yield (%) 6.02% 4.50% 5.11% 5.05% 5.40% Sources: Company Annual Reports and Student estimates PFL: A Strong Iconic Brand Name and Stable Profitability We initiate a Buy Recommendation for PFL because of its strong position in the market, a big room for future growth and its outperformed profitability. Our different valuation methods indicate that PFL is under valuated with its price as of 9th of June 2013 is 80% of its intrinsic value. Our target price is $2.00 – a 32% upside potential. Market leader with product differentiation and customer loyalty: PFL is the leading Australian producers of frozen cake and pastries with a long history since 1966. Its main competitive advantages are large and innovatory products range to capture different customer targets, a successful brand name and customer loyalty. Moreover, PFL also enjoys strong relationship with big supermarkets and...
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...be possible enhancements required down the line to maximise costs and profits. By ensuring that all processes are straight forward and easy to use is a vital element of Lidl’s marketing mix. Physical evidence Physical evidence within Lidl provides a viewpoint on products/services perception whilst indicating whether the deliverance has been effective. For instance individuals understand a well-known brands presence within the marketplace ...as they are market leaders with established physical and psychological marketing evidence whom manipulate consumer perception to the point where their brands appear first in line when an individual is asked to broadly “name a brand” in their niche or industry... (Marketing mix, 2015) (McLean, P. 2013)...
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...been genetically modified. What are genetically modified organisms? A genetically modified organism is any living thing that has had their DNA tampered with. This can be mutating, removing, or adding genetic material into the organism. All of the items listed in paragraph one has had their DNA tampered with. Most times when people talk about genetically modified organisms, they mostly refer to plants that are genetically modified. You may be wondering how the animals listed are considered genetically modified. This is because scientists modify the plants that are being fed to the animals. This causes the DNA in the animals to also get tampered with. There are ways, for example, to feed chicken so that they are stronger and they get more meat in them. The way to do this is to modify the foods they eat and put something in the plant’s DNA to make these chickens stronger. Scientists can also directly modify the DNA of the animal also, instead of feeding it...
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...University of Greenwich Strategic Financial Management (FINA1035) Programme: UOG (3+0) BAAF Student ID: 000721005 Submission Date: 10th February 2014 Content Page 1. Introduction 3 Internal Analysis 2. Financial Analysis 4 3. Human Resource Management(HRM) Analysis 7 4. Marketing Analysis 8 5. Operational Analysis 10 6. Strength and Weakness of the Company 11 External Analysis 7. P.E.S.T.E.L. Analysis 12 8. Porter’s 5 forces 14 9. Critical Success Factors 16 10. Marketing Analysis 16 11. Opportunities 17 12. Threats 17 Current Strategies 13. Strategic Position 18 14. Proposed Strategies 18 15. Selection of winning Strategy: Feasibility 19 16. Description and Risk Assessment 20 References 21 Appendices 23 1. Introduction. Note: “All work within this report is taken from the case study unless referenced otherwise”. McDonald’s started as BBQ restaurant by (“mac and dick”) which also known as Maurice and Richard. The concept of the McDonald’s at that time was a typical drive in restaurant that offers variety of BBQ menu to choose from. The brothers realised that it is important for them to highlight the menu that get the intention the most. Mac and Dick eliminated McDonald’s carhops’ concept to make McDonald’s as a self- service operation. They also narrowed down the menu...
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...1|Page Coursework Header Sheet 220924-625 Course FINA1035: Strategic Financial Mgt Course School/Level B/UG Coursework Report Assessment Weight 100.00% Tutor EA Warren Submission Deadline 19/03/2015 Coursework is receipted on the understanding that it is the student's own work and that it has not, in whole or part, been presented elsewhere for assessment. Where material has been used from other sources it has been properly acknowledged in accordance with the University's Regulations regarding Cheating and Plagiarism. 000652920 Tutor's comments Grade Awarded___________ Moderation required: yes/no For Office Use Only__________ Final Grade_________ Tutor______________________ Date _______________ 2|Page 0006529208 Strategic Financial Management Report: McDonald’s Part 2: External Analysis Zaheer Mansuri Word Count: 3038 Tutor: Liz Warren 3|Page 0006529208 Contents PESTLE ..................................................................................................................................................................... 4 Political:............................................................................................................................................................... 4 Economic:............................................................................................................................................................ 5 Sociocultural:...
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