...Company administer to achieve the fullest potential of appropriate product design and process given the existing disparity between the In-line teams and Invention Factory? II. Objectives a. To ensure that the manufactured product is to be positively responded by the consumers. b. To provide sufficient focus to ensure the best use of resources without restricting innovation. c. To guarantee that there is always the presence of balance with regards to fashion and functionality in all Timberland products. d. To resolve the lack of wholesale and interest of Invention Factory ideas as they are integrated to the mainstream of Timberland. e. To improve the relationship between Invention Factory and In-line teams. III. Areas of Consideration REMOTE ENVIRONMENT Demographic – Timberland’s present organization of In-line teams that are responsible for a consumer segment: (1) Boot/Urban Team, (2) Men’s Casual Team, (3) Women’s Casual Team, (4) Outdoor Performance Team, (5) Kid’s Team, (6) Pro Team, and (7) Apparel answers to the different demographics and needs of a variety of Timberland consumers. Additional consumer focused teams for new segments have been established to cater to the growing trends in modern society (i.e. New Kid’s Line, Mountain Athletic Line, PRO Industrial Line). Environment – Timberland had added environmental issues to the company’s social responsibility agenda by constant assessments...
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...FUNDING A BUSINESS VENTURE BUSN105-279 AIU Online Abstract Mrs. Bourne informs her readers of her viewpoint on investment bankers, the stock market, financial management, and risk financing. She then informs the audience of her and her business partner’s financial choice for starting their small business. The author wants the readers to understand why she and her partner made the choice that they made and what their second financial option would be if needed. She will describe the positives and negatives of each of their choices. Funding a Business Venture Investment banking is strictly buying and selling businesses for a profit. Investment bankers come up with a company’s value and buy the company from the owner, only to turn around and sell it piece by piece to the public. By selling the company in shares the investment banker makes a profit. Investment bankers are important because they assist in the introduction of initial public offerings. The stock market is what we call the registry of stocks and bonds that have been bought and sold. The function of the stock market is to keep a society informed about economic transactions and the value of certain stocks and bonds. The stock market is important because it keeps Americans knowledgeable about the rises and falls of the world that we live in. It is very important in keeping businesses running smoothly financially. Financial management is simply managing a business’s finances. Someone who is in the financial...
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...The Gilded Age was a time period named by Mark Twain which incorporated a ton of social and economic problems. The gilded age had its share of pros and cons depending on what social class you were in. The gilded age also helped create many technical advancements and amazing inventions. On the other hand, the gilded age was a huge constructor of child labor. The gilded age had many pros but one that stands out is the technical advancements and inventions. During this period Henry Bessemer created a cheap and efficient way to produce steel, which also helped to influence mass production. The cost to produce a long ton of steel dropped from $49.81 to $7.47, which increased the production rate and decreased the labor requirements. Before steel...
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...The tanning bed survives mainly for the reason that people want fast and indolent results. But to avoid these risks and complications not many future implications have been put in place. Due to the extensive research on the harms of these tanning beds, people are encouraging others to stay away from tanning beds for their own health and safety. These cons are not coincidences but they are facts. While the tanning beds have revolutionized the way individuals tan, the negative effects ultimately outweigh the benefits due to the potential health concerns. Thus, if you would rather live a healthier life you should rethink your idea of stepping into a closed oven to look a little burnt because you may end up looking crispy...
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...Microsoft dominates the operating system market for microcomputers with its Windows operating system. Discuss the pros and cons this creates for computer users. Does the dominance of Windows make it easier or harder for you to use computers? I have only used Windows operating system on all my computers, therefore I am not familiar with any other operating systems. I would think because Microsoft dominates, that if you used a different operating system, it would be more difficult to find software with the system requirements to be compatible. Therefore, the opposite would be true if you used the Windows operating system, you could find more compatible software.1. Microsoft dominates the operating system market for microcomputers with its Windows operating system. Discuss the pros and cons this creates for computer users. Does the dominance of Windows make it easier or harder for you to use computers? The pros to the dominate Microsoft operating system is that most people that we come into contact with and discuss computers with will be using the same operating system as you. You will not have to explain how it works (simple tasks) and explaining to someone how to do something will be easier. The other big Pro is that as you upgrade or replace you computer, the worst problem you will encounter (with an operating system) is the newer version, i.e. window XP vs. Vista. from computer to computer they are basicly the same. I have found it quite helpfull when I go work on a friends...
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...the technology has really made our lives very simpler. Alexander Graham Bell who has invented telephone in the 19th century would have never thought that his invention would be so much advanced now. Earlier phone was just used for communication between persons but now it has become a part of our lives. The innumerable application which comes with mobile phones has made our lives very simpler. How often we have seen the advertisement in the television that never get lost when you have the mobile phone in your hand. Gone are the days where we would ask for directions to go to a particular place. Computers I think was the greatest invention, it helps us to do almost everything. How often do we use a dictionary or a encyclopedia to find out a details of a particular thing nowadays. How often do we visit a bank or pay the telephone\electricity bills by going to the respective offices. Gone are the days of queue and waiting. It has made our world closer and our near and dear ones even much more closer through internet. I do really think that technology has made our life very simpler and made the world a better places to live, even if technology is being used to destroy mankind to a greater extent. We can always have pros and cons for everything and I really think the pros for technology do weigh more than the cons, it perspective that varies from person to person that is how he would like to use the advancement of technology for mankind whether to use it make his work much...
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...Vonnie Henry Four Functions of Management Introduction to Business Abstract This paper will discuss the four functions of management which are described as Planning, Organizing, Leading and Controlling and its characteristics as it applies to business. The inventor will discuss the manufacturing of the Dry Brush and the decision to outsource the entire manufacturing operation to an offshore company. The paper will discuss the inventor’s logic for the decision which will include the pros and cons of outsourcing offshore and how the four functions are impacted by this decision. Functions of Management As previously discussed the inventor has created the Dry Brush, an invention to reduce hair drying time. The business owner has finalized the idea of the invention and formed a partnership business type. To fund the business the inventor has made a management decision to license the technology to optimize on returns. For the Dry Brush the inventor has decided to outsource the entire manufacturing operation to an offshore company. To better understand the logic behind the inventor’s decision research was done to determine what is meant by the terms outsourcing the entire manufacturing operation to an offshore company and how basic management function applies. Outsourcing is contracting or subcontracting work to a third party supplier or distributors to do core business activities (Editorial Board, 2011). The use of outside suppliers to provide products is a...
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...place day by day, and which clearly reflect on peoples life styles both positively and negatively.This essay focuses on some pros and cons of technological advancements, and asserts the need of reducing the precarious outcome of it for the rise of a risk free society in future. Technology is considered to be the one,is developed to reduce the effort of people.Which provides countless visible advantages for human beings. It is conspicuous that from paper clips to ultra-modern space crafts work on the principles of science and technology. Moreover,people are much relay on the benefits of this and a life with out computers, vehicles and other tech-applications is unable to imagine.Thus it is obvious that, now the human life runs with the beats of these advancements. However,at the same pace technology brings some threats to people.For instance,the inventions of weapons especially nuclear war gadgets are extremely dangerous for the existence of the entire life forms on earth. In addition to that, an increased use of motor vehicles causes the contamination of our ecosystem, and thereby which directs certain problems such as global warming and unsteady climates.So the in appropriate application of these advancements will lead us to tremendous problems. To my mind, the appropriate use of technology by taking the positive effects and by ignoring the cons, can bring about great changes in our life styles. By promoting global peace by anti war campaigns can counter the use of weapons...
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...United States Patent [191 [11] 4,418,086 Marino et a1. [45] Nov. 29, 1983 [54] EXPANDED TEXTURED PROTEIN PRODUCT AND METHOD FOR MAKING SAME [56] References Cited U.S. PATENT DOCUMENTS 3,623,885 11/1971 3,745,021 7/1973 [75] Inventors: Richard P. Marino, Bedford Hills; Hamdy .......................... .. 426/802 X Middlesworth et a1. ..... .. 426/805 X 3,857,968 12/1974 3,968,269 7/1976 Haas et a1. .................... .. 426/805 X Payne et al. .. .... .. 426/802 X Richard J. Rothamel, Ossining, both of N.Y.; William C. Rieken, Jackson, 4,031,267 6/1977 Berry et a]. NJ. 4,190,679 2/1980 Coffee et a1. ................. ., 426/805 X [73] Assignee: General Foods Corporation, White Plains, NY. ..i.... . . . . .. 426/802 X Primary Examiner——R0bert A. Yoncoskie Attorney, Agent, or Firm—Thomas R. Savoie; Daniel .1. Donovan [21] Appl. No.: 343,603 [57] ABSTRACT An expanded protein product is made by extruding a [22] Filed: mix containing a proteinaceous material, an animal or vegetable fat, a non proteinaceous and non-farinaceous Jan. 28, 1982 extrusion agent, sulfur and/0r sulfur compound, plasti [51] [52] Int. ‘Cl.3 .......................... .. A23L 1/31; A23J 3/00 U.S. Cl. .................................. .. 426/302; 426/331; [53] cizers and water from a high pressure zone to a low Field of Search ............. .. 426/641, 656, 657, 802, 426/623; 426/641;...
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...adjustment is used in both animals and plants, but it is more commonly seen in the latter. There are a host of reasons why such foods have been developed. Some foods are adjusted genetically to prevent allergies that may occur after being eaten, while others are adjusted to improve their life on the shelf (Kartha, 2012). There is still a lot that is unknown about the effects foods that are genetically modified will have on bodies of humans in the long run. Many believe that consuming genetically adjusted foods can cause the growth of illnesses that antibiotics cannot help (Kartha, 2012). In addition to causing diseases, people who eat genetically altered foods have high risks of getting cancer (Kartha, 2012). These altered foods are new inventions so to speak and not a lot is understood about the long-term effects on the human species. Due to the unknown effects, many decide to steer clear of genetically modified foods. Some argue that genetically modified foods are very beneficial. They feel that the modified foods will aid in the feeding of an ever growing population. They feel that this is the main reason the world needs genetically modified foods (Cowan, 2012). It is also said that genetically modified foods are more nutritious and contain more vitamins and minerals than foods that are grown in the traditional way (Kartha, 2012). It is also said that genetically modified food tastes better. People...
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...Timothy Blake White Griffin ENG 102 01 Research Paper Alternative Energy The continued use of the planet’s fossil fuels will eventually come to an end and will require an ultimatum to be made. Other sources of energy must be found to sustain this dependency that society has created, so it can continue to fuel our everyday needs. Although scarcity is a leading factor in the search for newer resources, the damaged caused by fossil fuels need to be reversed, including pollution and global warming. Every day there are more and more advancements, innovations, or even inventions of new alternative resources that need to be taken advantage of to maintain a stable and reliable source of energy. Alternative energy sources such as solar, wind, and hydrogen energy are more durable and efficient to be used as a substitute for current natural resource uses. Foremost, fossil fuels have been a primary source for energy for years, and had some major consequences alongside them. Pollution is no new name to the harm our environment receives and it comes from the burning of fuel. As well as pollution being created, global warming, which is a huge debate in today’s society, is also caused by burning fossil fuels (Rinkesh “What are fossil fuels”). Not only does it damage our environment, but it causes health problems for its wildlife and our own lives. These hazardous effects will have a long term duration and require a cleaner solution and that is natural resources (Rinkesh “What are...
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...Entry • • • • • Exporting Licensing/Franchising Management Focus: Tata Group: Foreign Entry Strategies pp.443-444 Joint Ventures Wholly Owned Subsidiaries Mergers & Acquisitions (M&A) 2 Exporting • Advantages – Avoids the substantial costs of establishing operations in the host country – Achieve experience curve and location economies • Disadvantages – High transportation costs, esp. for bulk products – Tariffs – Divided loyalties of local agents 3 Licensing • An arrangement whereby a licensor grants the rights to intangible property to another entity (the licensee) for a specific period, in return, the licensor receives a royalty fee from the licensee. • Intangible property: patents, inventions, formulas, processes, designs, copyrights, and trademarks • Advantages – Licensing firm does not need to bear the development costs and risks – Make use of intangible property that a firm possesses that they do not want to develop itself 4 • Disadvantages – Does not give a firm tight control – Limits a firm’s ability to coordinate strategic moves across countries – Difficult to control its technological know-how— Opportunistic Behaviour of Licensee 5 Franchising • Similar to licensing, but franchising involves longer term commitment and insisting strict rules on licensees • Franchiser assists franchisee to run the business on an on-going basis. • Franchiser receives royalty payment, which amounts...
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...HBS’s The Lego Group: Publish or Protect? Innovation and Intellectual Property Project 10.12.2014 Lego Group is the worlds’ fourth largest toy manufacturer. Their core product is a construction play design which allows for bricks to interlock together to design pre-designed or unique creations. In terms of volume and precision, the company relays on their core competence of “high volume precision molding” and has developed further strategies and technologies to ensure their growth and success in the area. The company is therefore faced with the difficulty in deciding how to protect this internal process and technology. Should this information be patented, kept as a trade secret, or published? This paper explores the options and proposes a possible solution for Lego Group, through careful research and analysis. Table of Contents 1 Introduction 2 Main Body 3. Conclusion 4 Bibliography Who is Lego Group? Lego Group was founded in 1932 by Ole Kirk Kritiansen in Billund, Denmark. In the beginning Lego Group made wooden toys and later (1946) changed their production to plastic interlinking building bricks after purchasing their first Plastic Moulding Machine. Lego group states that the “brick is their most important product” and although they have continued their almost 100 year expansion their core product remains to be their brick. In 1958 their “stud-and tube” coupling system was...
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...May 25th, 2010 English 1010 Prof. Mrs. Betancourt Energy emergency! Starting from humanity history, humans have been trying to create and establish new things to have better conditions at life. We know from physics lessons that if we want to do a new invention, we need energy in progress. The variety of energy sources actually enables people to obtain their needs in terms of this issue. Due to this fact, the usage of those energy sources has beneficial effects when they are used in the right progress. Sustainable and renewable energy sources such as solar, wind; hydro, oceanic and geothermal energies provide the needed energy for people efficiently and are the best options to improve our planet future. Firstly, economic benefits are very important for societies nowadays in the world. As a result of this, societies are trying to find cheaper way to produce energy. Here we can suggest geothermal energy. The source of geothermal energy is hot underground water. This kind of water can be found by sounding and this technique is not expensive. After making canals that water flow inside it is enough to finalize the progress. Energy types which are produced by sun are example of this situation. Besides from the normal risks, geothermal energy can also provide a cleaner source of energy. According to Energy Consumers Edge (ECE) “geothermal energy use does entail some environmental impact, but it is safe to say that the environmental benefits far outweigh the costs’’. Most geothermal...
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...lots and choose the car lot with the cheapest price. I’m not exactly sure how I would finance the car; it would depend on the price and how much money I have to put down for a down payment and how much I would have to pay monthly. C. How is competition at work in this scenario? The competition is from choosing which car lot to go to buy the car and which one has the lowest price. D. What are the pros and cons of competition as it affects the buyer? A pro would be buying a car from a certain car lot instead of another. A con would be getting the smallest amount of money for monthly payments. Whether you are working for a market company or starting your own market company there is always going to be a competitor. Having a competitor can cause problems for the business you work for or starting because the profits could get cut, cause less customers and make you work harder. On the other hand competition can be good for consumers because they get the best possible prices, quantity, and quality of goods and services. The benefit would be a boost to the new invention to make that product better, which could lead to economic growth and increase standards of...
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