Thursday, August 27, 2020

Monopoly Market Structure - Australian Banking Industry

Question: Examine about theMonopoly Market Structure in Australia for Australian Banking Industry. Answer: Presentation: An oligopoly showcase structure is regular with regards to Australian. Most extreme help industry like banking, retail and so on follow the market structure of the oligopoly. The staple retail division in Australia is a center case of the duopoly, a limited variant of oligopoly (Chung, 2015). Also, the financial segment of Australia is a legitimate case of an oligopoly. The fundamental component that the oligopoly advertise structure follows is, in this kind of market not many firm work as a sole expert in a market (LaFrenz, 2014). On account of restraining infrastructure, there is just a single vender who governs the entire market and business too. The monopolistic rivalry includes firm contending unequivocally among them in an industry. They don't permit some other association to enter the market. The Australian Post is a significant case of restraining infrastructure showcase structure. Banking and Retail segments are the key instances of restraining infrastructure showcase struct ure (Welch, 2009). Aside from the financial business, the retail business in Australia faces extremely solid rivalry. The mammoth monopolistic retail organizations named Coles and Woolworths have snatched most extreme piece of the pie in the business. It is by and large extremely hard for all other little and huge association to support in the market. It is overviewed that, the financial business of Australia is confronting solid rivalry or oligopolistic war. Smith (2015), has educated that the existent occupants in the financial business are carefully restricting the other new contestants for the segment (Smith, 2015). Diverse Market Structures in Australia Right off the bat, on account of the oligopolistic showcase, there are not very many banks who work in the financial business of Australia, for example, Commonwealth bank of Australia, ANZ Bank, NAB Bank and Westpac (Gribbin, 2016). These organizations are potential in nature and they generally attempt to augment the benefit. In the most extreme cases, the oligopolist firms become effective in procuring anomalous benefit. The retail business of Australia is specific. No other contestant in the business is as potential as Coles or Woolworths to enter the market. As of late, some worldwide organizations like Aldi and so on attempted to enter the market yet neglected to get effective (Jones, 2011). Notwithstanding, it is being harder step by step to support in the financial business. These four banks work into the market and gap the benefit share among them. During 2003-04, these four significant banks together have brought 400 million dollars by achieving a limit of all out resources, common assets and so on. (Padley, 2013). Proof case that this serious structure in the financial business eventually underpins the development factor of the business and the nation also. Entering to the financial business is bit troublesome on the grounds that gigantic capital venture is required. Four significant banks of Australia work in a common way and investors contribute where they find that contributing will be productive. In addition, on account of the retail part, individuals pick any of two goliath organizations (Yeats, 2015). This ideal instance of a duopoly in staple retail segment in Australia really hurts the entire commercial center (Wall, 2014). The greatest populace in Australia have been gaining by maintaining a little retail business. The nearness of enormous offices of purchasing an alternate sort of merchandise under one rooftop pulls in individuals. Rather than purchasing merchandise in a little bazar they favor going in the stores. (Kitney White, 2013). Both the financial area and the retail division focus more on these duopolist and oligopolist firms. This uncalled for seriousness in this division at last causes a deadweight misfortune in the Australian economy. This factor carries many negative angles to the Australian economy (Wetzstein, 2013). On account of syndication, the Australian post is the most significant guide to consider. The postal help in Australia is so solid and dynamic that no other participant in the nation can get the entrance to the market. The monopolist consistently goes about as a value producer and rules the entire business (Wetzstein, 2013). Restraining infrastructure business can't be set up on a drawn out premise by a sole person. Some time ago, the Amul was the sole provider of the spread on the planet and had a go at keeping its position yet after a specific timeframe, not many different associations like Nestle and so forth began selling margarine. The market has moved from restraining infrastructure to oligopoly. Be that as it may, restraining infrastructure models can haphazardly be found in nations where the administration assumes the job of a monopolist (Crew Kleindorfer, 2012). The postal assistance of Australia is an administrative position and a monopolist for the specific zone as well. W ater flexibly expert in Australia is another case of the syndication in the nation. The postal business of Australia has been given the authorisation of selling letter post in the nation. This authorisation was given by controlling a demonstration in the year 1989 (Crew Kleindorfer, 2012). The legislature is playing as a monopolist in the postal business since it has all the approval to pass a demonstration. Additionally, the administration gave by this authority is quick and noteworthy. It becomes conceivable in light of the fact that the administration has effectively overseen things deliberately. Being a sole power the administration effectively impacts the cost of this administration. It is seen that during any event the cost of posting a letter gets higher. This value climb isn't unimportant and 43% is the rate (Crew Kleindorfer, 2012). It gets harder for a specific gathering of individuals to bear the cost of the cost. End Be that as it may, this type of monetary rivalries has both the positives and negative perspectives. On account of the oligopolistic rivalry in the financial business, the outcome is bit strong. Because of this seriousness, these four banks have snatched the entire piece of the pie and no different banks exist. So the alternative for this administration is restricted to the individuals. Therefore, no deceitfulness cases have happened in light of the fact that these four banks are trustable. It brings down the chance of event of cheating and deceitfulness movement. Cash exchange from a notable bank doesn't make any wreckage. While on account of the retail area, this oligopolistic rivalry hurts the economy via conveying the deadweight misfortune. On account of postal help of Australia, individuals over yonder appreciates quick assistance. Furthermore, being a monopolistic element, now and again the power charges a more significant expense which isn't reasonable for the residents. Some of the time it makes trouble for the individuals. Because of absence of choices the individuals need to go for the current chance. References Austrade Government, 2016. why Invest in Australia. [Online] Available at: https://www.austrade.gov.au/International/Invest/Why-Australia/Growth [Accessed 26 05 2016]. Chung, F., 2015. General store beasts: How Coles and Woolworths choke out us. [Online] Availableat:https://www.news.com.au/money/business/retail/grocery store beasts how-coles-and-woolworths-choke us/report/c901feb4f6c255d3a6b613140cbea30c [Accessed 13 08 2016]. Group, M. Kleindorfer, P., 2012. Overseeing change in the postal and conveyance businesses. UK: Springer Science Business Media. Gribbin, C., 2016. ANZ, NAB, Westpac, Commonwealth preclude giving ASIC demand increment to clients. [Online] Available at: https://www.abc.net.au/news/2016-04-21/one-of-large four-banks-precludes passing-asic-demand to-clients/7344092 [Accessed 13 08 2016]. Jones, E., 2011. Coles and Woolworths duopoly difficult to accept. The Conversation, pp. https://theconversation.com/coles-and-woolworths-duopoly-difficult to accept 533. Kitney, D. White, A., 2013. We are an oligopoly economy: Robb. [Online] Available at: https://www.theaustralian.com.au/business/organizations/we-are-an-oligopoly-economy-robb/story-fn91v9q3-1226699531519[Accessed 13 08 2016]. LaFrenz, C., 2014. The market duopoly is beginning to shred. [Online] Available at: https://www.afr.com/individual fund/shares/the-general store duopoly-is-beginning to-shred 20141114-11n8m4[Accessed 13 08 2016]. Padley, M., 2013. Oligopolies as sheltered as cash in the banks. [Online] Available at: https://www.smh.com.au/cash/contributing/oligopolies-as-safe-as-cash in-the-banks-20130916-2tvlk.html[Accessed 13 08 2016]. Smith, M., 2015. The passing of the oligopoly: Australia's occupants face new adversaries. [Online] Available at: https://www.afr.com/brand/chanticleer/the-passing of-the-oligopoly-australias-occupants face-new-rivals-20150421-1mq11b[Accessed 11 05 2016]. Divider, A., 2014. General store wars a story of the Australian duopoly. [Online] Available at: https://foodmag.com.au/store wars-a-story of-the-australian-duopoly/[Accessed 28 04 2016]. Welch, P. Welch, G., 2009. Financial aspects: Theory and Practice. Hoboken: John Wiley Sons. Wetzstein, M., 2013. Microeconomic Theory: Concepts and Connections. Abington: Routledge. Yeats, C., 2015. Rivalry, increasing costs, guideline: why Australian banks are thinking that its extreme. [Online] Available at: https://www.smh.com.au/business/banking-and-money/rivalry increasing costs-guideline why-australian-banks-are-thinking that its extreme 20150507-ggw6cw.html[Accessed 11 05 2016].

Saturday, August 22, 2020

Coffee and Starbucks Essay Example for Free

Espresso and Starbucks Essay Starbucks has been the best espresso chain utilizing their forceful development techniques to outperform its rivals. Through its extension, Starbucks has concentrated on making a thick system of stores surrounding US, while likewise opening up new areas all around the globe. In any case, Starbucks’ forceful extension systems have presented significant dangers to its money related wellbeing, for example, close sources of income, increment obligations, poor liquidity proportions and so on. Likewise, this methodology can intensify rivalry among close Starbucks stores. Because of the forceful development, Starbucks has lost its inside concentration in its center business espresso and its remarkable â€Å"Starbucks Experience †third place†. The issues are the way Starbucks can remain gainful later on and simultaneously continue its prevailing situation in the gourmet espresso industry. We have inspected the business investigation that centers around the business drifts, the firm serious condition and followed by a SWOT examination on Starbucks. At last, we take a gander at the organization system examination that centers around the Starbucks’ vital goal and its vital position. From these investigations, we suggest a couple of alternatives where Starbucks should seek after pushing ahead so as to maintain a strategic distance from further decay and continue its predominant position. .:Organization Background History:. Starbucks Coffee, Tea and Spice was built up in 1971 by Jerry Baldwin, Zey Siegel and Gordon Bowker in Seattle to sell simmered espresso beans and espresso machines. (See Exhibit 1 for course of events) around then, the founders’ reasoning was to give top notch espresso and instruct the open the specialty of acknowledging fine espresso. It was the founders’ enthusiasm and solid responsibility on teaching the open that pulled in Howard Schultz to join Starbucks in 1982 as the leader of the promoting office, directing the company’s retail locations. On one of his work excursions to Milan, Italy, Schultz unearthed a chance to patch up Starbucks and move its concentration from its unique business exercises. Schultz’s new business suggestion for Starbucks was to serve newly fermented espresso at their outlets which he offered to the originators without progress. After numerous ineffective endeavors, he left the Company. In 1987, Schultz obtained Starbucks from the organizers and changed its name to the more condensed ‘Starbucks’ and adjusted her logo to what we see today. After the procurement, he presented the possibility of ‘The Starbucks experience’ to all Starbucks’ outlets; that is to make an agreeable air for supporters to unwind. From that point on, each Starbucks outlet was the ideal copy of this idea. In 1992, Starbucks had propelled an IPO and its regular stock was being exchanged on the Nasdaq. In 1995, Starbucks adventure abroad and framed a joint endeavor with SAZABY Inc to open Starbucks stores in Japan. In 1996, Starbucks first oversea outlet was opened in Tokyo. Today, Starbucks has a sum of 7,087 Company worked stores and 4,081 License stores in US. Furthermore, it has 1,796 Company worked stores and 2,792 Joint Venture and License store working in other 43 nations. .:Meaning of the Industry, Competitors and Scope of Analysis: Generally, Starbucks is in the Food and Beverages industry. Anyway with the end goal of this paper, we would characterize Starbucks to be in the gourmet espresso industry with the accompanying contenders : †¢Coffee Bean and Tea Leaf; †¢Costa Coffee; †¢Caribou Coffee. (See Exhibit 2 for a brief review on explanations behind the decision of these contenders and some foundation data of them) For the motivation behind this paper, our examination will concentrate on Starbucks in US and Australia. The following segment gives a review of the gourmet espresso industry and the serious condition in US and Australia. .:Review of the Industry:. .:Political Forces:. By and large both the US and the Australia political circumstance seemed, by all accounts, to be settled and stable. This will give a decent stage to both current organizations and new organizations to work in. In US, in spite of the present skirt of downturn, the political mind-set is still prone to support expanded guideline of organizations. What's more, despite the fact that universal strains are probably going to remain however their effect on political security and economy will stay insignificant. Correspondingly in Australia, the political atmosphere is probably going to remain generally steady. Despite the fact that the connection between the central government and the states had been rough previously; it has improved after the presentation of a progressively steady recipe for income distribution..:Economical Forces:. US: Genuine financial development is relied upon to slow from an expected 4% in 2008 to 3. 8% in 2009. The unassuming lull mirrors the effect of lower request from its exchanging accomplice. As these exists uneven characters in the economy and the poor transient viewpoint for development, it is accepted that conditions in the US are currently recessionary and that development will stay extremely feeble in 2009. This will thus influence the GDP and the extra cash of its occupants. Australia: Traditionally, quick development in Australia has been lull as of late because of downturn. Improved financial and monetary administration have diminished macroeconomic unpredictability, however dangers and uneven characters are available. The low household investment funds rate renders the financial framework dependant on remote financing. The present record shortfall is huge, and global budgetary markets may begin to stress over the fundamental causes. Air pocket conditions additionally appear to exist in the lodging market. .:Socio-social Forces: Consumers’ Perceptions and Disposable Income:. US: There had been an expansion in espresso utilization in the US showcase however the rate had eased back down in 2005 presenting dangers to espresso retailers. As of late, US buyers had progressively decide on more advantageous hot beverages, for example, tea and RTD refreshments which influence espresso utilization rate. The pattern is probably going to keep, prompting decrease in espresso utilization. Australia: Coffee deals had encountered very tepid development from 2000 to 2005. The way of life of bistro had made more individuals decide on-exchange deals espresso at the bistro rather than home-blended espresso. As per BIS Shrapnel, individuals progressively will in general go to bistros for their espresso and there is an expansion of half inside 2 years in espresso utilization. .:Mechanical Forces: Technological Developments:. Innovative changes have made numerous new items and procedures. It assists with decreasing expenses, improve quality and lead to advancements which thusly benefits shoppers just as associations. Numerous associations in the gourmet espresso industry had perceived the significance of giving remote web access and Wi-Fi hotspots to its benefactors. These innovation progresses had made a relaxation place for benefactors to ride net or hang out after home and work. A large portion of the associations had likewise acquainted robotized espresso machines with accelerate the blending procedure to abbreviate holding up time. To additionally improve business activities and productivity, a few associations have likewise utilize data innovation frameworks to assist them with maintaining their organizations all the more easily. .:Ecological Forces:. With significant atmosphere changes happening because of an Earth-wide temperature boost, numerous associations in the gourmet espresso industry had expanded their condition mindfulness by diminished the utilization of expendable cups to serve espresso and expanded the utilization of fired cups. Besides, the associations had likewise diminished the size of their paper napkins, paper sacks and in store trash packs. The associations were likewise urged to buy Fairtrade confirmed espressos as to advance capable natural and monetary endeavors. The accompanying area presents our investigation of gourmet espresso industry with the guide of Michael Porters 5 Forces model. .: Analysis of Gourmet Coffee Industry-Porter 5 Forces:. If it's not too much trouble allude to show 3 for the rules utilized for the scoring of every power and an investigation of every power. Power #1: Threat of New Entry:. †¢Threat of new passage is high. †¢High fire up cost engaged with buying types of gear, sourcing for espresso beans and preparing barista. †¢Strong brand character prompting high exchanging cost for purchasers Score: 10 Force #2: Threat of Substitutes:. †¢Substitutes are gourmet espresso of an alternate brand †¢Current gourmet espresso businesses is immersed †¢High exchanging cost †¢Threat of substitutes viewed as generally high Score: 6 Force #3: Bargaining Power of Suppliers:. †¢Majority of financially accessible espresso beans originate from a couple industrializes nations. †¢Increase the expense of cafés in sourcing and accessing these great espresso beans. †¢Bargaining intensity of providers is generally high Score: 5 Force #4: Bargaining Power of Consumers†¢Bargaining intensity of clients is moderately nonpartisan. †¢Current player picked up brand devotion †¢Product separation assists with holding current client and draw in new clients. †¢However value delicate clients may look for less expensive other option. Score: 0 Force #5: Rivalry between Competitors:. †¢Intensity of competition is moderate. †¢Brand personality and high exchanging cost is moderately ominous to new player that has recently entered the market. Score: 3. Conclusion:From the above examination, we noticed that the danger of new section, the bartering intensity of the provider and danger of substitutes are moderately high. Then again the dealing intensity of the buyers is impartial and the force of competition is moderate. Henceforth from the above examination we presumed that despite the fact that there is high force of competition in this industry it is as yet viewed as appealing. This is on the grounds that, as indicated by report from Mintel, there is as yet potential for development in the espresso business as the unresponsive

Friday, August 21, 2020

Come Together

Come Together Part One: Getting people together. Abstract. In our investigation of the hypothesis wanting something doesnt make it real, we find one physically significant counter-example to this premise. Lets start from the beginning. There exists a popular webcomic called xkcd. Its creator: Randall Munroe. Generally the comic is true to its tagline. Its nerdy, its cute, itll make you cringe, itll break your heart. Sometimes its even entirely relatable. Due to the overwhelming popularity of the webcomic here at MIT, he was extended an invitation to speak on campus, which he accepted. The event filled up 10-250, our second (third?) largest lecture hall, and there was a line at the door. I hope you get the idea. Hes kind of a big deal around here. Then one day there was this: I had a dream that I met a girl in a dying world. In it was embedded a set of coordinates and a date. The coordinates, it turns out, pointed to a park here in Cambridge and the time was September 23rd, 2007 at 2:38pm. It became a phenomenon. Fans all around the world speculated about the time and place. People booked plane tickets. Can wanting something badly enough really make it real? This was two weeks ago. I went, along with a great many people I know. Media covering the event reported that there were nearly a thousand people who flocked to the park, who came from as far away as Russia. Though it was sufficiently clear that the event was about meeting like-minded people, Randall made a guest appearance, carrying whiteboards of the comic with the last frame missing. The instruction was to write a new ending. Overall, a pretty cool idea. Filling in the huge last frame Make sure you back up your assertions with reliable sources. Me on the jungle gym Randall amidst throngs of adoring fans Part Two: Taking a Stand. Burma (officially Myanmar) is a country of 50 million people. Crowning almost two decades of political dissatisfaction and unrest under the crippling rule of the military junta, the nation is yet again reeling from its newest wave of violence. This time, 20,000 monks marched in peaceful protest and once again, the government has launched a violent suppression. Read more about the story here. In light of the recent tragedies, Amnesty International (MIT Chapter) held a candlelight vigil to spread awareness and send prayers for peace in Burma. The event was held on October 3rd. I posted these two seemingly contrasting events together because theyre not all that different. There are a lot of people out there who believe in the same things you do and sometimes it takes a little push to find them. Theres power in numbers, and theres a lot of good left to be done in this world. The remainder of this entry will be pictures from the vigil. If this is the kind of thing that matters to you, you should consider attending some of these events. Thanks for reading -Lulu

Monday, May 25, 2020

Swot Analysis of Walt Disney Company Essay - 2999 Words

COMPANY PROFILE The Walt Disney Company REFERENCE CODE: 8C7AE530-4ECC-4EF5-AC18-370E646FD097 PUBLICATION DATE: 31 May 2013 www.marketline.com COPYRIGHT MARKETLINE. THIS CONTENT IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OR DISTRIBUTED. The Walt Disney Company TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts...............................................................................................................3 SWOT Analysis.....................................................................................................4 The Walt Disney Company  © MarketLine Page 2 The Walt Disney Company†¦show more content†¦Disney XD airs live-action and The Walt Disney Company  © MarketLine Page 4 The Walt Disney Company SWOT Analysis animated programs and has presence in 130 countries worldwide. During FY2012, Disney XD had 175 million subscribers globally. In addition, Disney Junior had 125 million subscribers globally at the end of FY2012. Moreover, Walt Disneys ABC Family and SOAPnet TV networks had a subscriber base of 97 million and 66 million respectively. The AE Television Networks (AETN), part of the companys cable network operations, includes AE, HISTORY, BIO, H2, History En Espanol, Lifetime, Lifetime Movie Network (LMN), and Lifetime Real Women. Internationally, AE programming is distributed in over 150 countries through joint ventures and distribution agreements with affiliates. During FY2012, AE, Lifetime Television, and HISTORY TV networks had 98 million subscribers each, while LMN, BIO, H2, and Lifetime Real Women had 84 million, 69 million, 68 million, and 16 million subscribers, respectively. Significant customer reach of cable networks operations provides a competitive advantage that is not easi ly replicable. The companys content, which is produced, is distributed across a wide base of subscribers around the world. 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Thursday, May 14, 2020

The Popular Childrens Books, The Spide Chronicles

The Spiderwick Chronicles is a popular children’s book series written by Tony DiTerlizzi and Holly Black. The fantasy stories revolve around the three Grace children and their frightening experiences with fairies when they move into an old Victorian home. The Spiderwick Chronicles Series According to a letter from co-author Holly Black that appears at the beginning of each of The Spiderwick Chronicles series, it all started when she and Tony DiTerlizzi were at a bookstore book signing and were given a letter that had been left for them. The letter was from the Grace children, and it mentioned a book that â€Å"tells people how to identify faeries and how to protect themselves.† The letter went on to say, â€Å"We just want people to know about this. The stuff that has happened to us could happen to anyone.† A few days later, according to Black, she and DiTerlizzi met the Grace children, and the story the children told them became The Spiderwick Chronicles. After their parents’ divorce, the Grace children and their mother move into the ramshackle Victorian home previously occupied by their great-aunt Lucinda. The three children, thirteen-year-old Mallory and her nine-year-old twin brothers, Jared and Simon, are still adjusting to their parents’ divorce and are not happy with their new home. While Mallory has her fencing to keep her occupied and Simon his menagerie of animals to care for, Jared is angry and at loose ends. Almost immediately, odd things begin to happen, beginning with strange sounds in the walls, and leading to the discovery of the small unexpected and unfriendly other occupants of the house and area. Written in the third person, the books emphasize Jared’s point of view. It’s poor Jared who tends to get blamed for all of the unpleasant things that happen, thanks to the faeries. He finds a secret room and an amazing book Arthur Spiderwick’s Field Guide to the Fantastical World Around You, a book about identifying and protecting yourself from faeries. While the first book is quite mild and provides a basic introduction to the human characters and the threat from the fantastical creatures, the action and suspense is ratcheted up in the remaining books. The Grace children come in conflict with goblins, a shape-shifting ogre, dwarves, elves and other frightening characters. The series ends with the kidnapping of Mrs. Grace and her children’s desperate, and ultimately successful, attempt to rescue her. The Appeal of The Spiderwick Chronicles The short length of these children’s novels - about 100 pages - the uncomplicated, yet suspenseful and scary  fantasy stories, the engaging main characters, the attractive design of the small hardbound books and the full-page pen and ink illustrations in every chapter make the books particularly appealing to younger children who are independent readers or who enjoy having an adult read to them. The Books of The Spiderwick Chronicles The Spiderwick Chronicles: The Field GuideThe Spiderwick Chronicles: The Seeing StoneThe Spiderwick Chronicles: Lucindas SecretThe Spiderwick Chronicles: The Ironwood TreeThe Spiderwick Chronicles: The Wrath of Mulgarath Other Spiderwick books include: Arthur Spiderwicks Field Guide to The Fantastical World Around YouThe Notebook for Fantastical Observations   The Creators of The Spiderwick Chronicles Tony DiTerlizzi is a best-selling author and an award-winning illustrator. His books include Jimmy Zangwows Out-of-This-World Moon-Pie Adventure and Ted. Mary Howitt’s The Spider and the Fly was awarded a Caldecott Honor because of the quality of DiTerlizzi’s illustrations. Tony DiTerlizzi is both the co-author and the illustrator of The Spiderwick Chronicles. He has illustrated work by such well-known fantasy authors as J.R.R. Tolkien and Anne McCaffrey. His pen and ink drawings in The Spiderwick Chronicles give life to the characters and help to set the mood of adventure and suspense. Holly Black is also a best-selling author. She specializes in contemporary fantasy novels for teens and children. Her first book, Tithe: A Modern Faerie Tale, a fantasy novel for young adults was published in 2002. Although they have known one another for a number of years, The Spiderwick Chronicles series and related books represent the first collaboration between Tony DiTerlizzi and Holly Black.

Wednesday, May 6, 2020

Australia Hotel Industry Staff Turnover Rate Essay

How Much Does Labour Turnover Cost? A Study of Australian Four- and Five-Star Hotels Abstract Purpose: Employee turnover is a significant challenge for Human Resource Management (HRM) strategies and organisational performance. This study presents findings drawn from an extensive survey of labour turnover in the Australian accommodation sector. A particular focus is placed on turnover rates and costs. Design/methodology/approach: Based on labour turnover literature and an industry panel, an online survey was designed and distributed to four- and five-star hotels across Australia. Human Resource Managers from 64 hotels participated in the survey, providing a representative sample and a response rate of 29 percent. Findings and†¦show more content†¦The study represents a timely investigation into the issues surrounding turnover and identifies the ameliorating role that HRM might play. Labour Turnover ‘Culture’ in the Hospitality Industry Employee turnover as a research stream can be traced back to the work of March and Simon (1958) that was primarily based upon the level of job satisfaction and organisational commitment. Other theorists such as Mobley (1977), Price (1977) and Price and Mueller (1986) identified a range of other variables such as pay, communication, social integration, routinisation, role overload, promotional opportunity, training, supervisor and co-worker support, and distributive justice as having a significant impact upon turnover. 4 How does the hotel and hospitality industry envisage labour turnover? It is the voluntary or involuntary exiting of staff from the employment in a hotel. A prominent feature of the hospitality industry is that it is labour intensive but experiences high levels of labour turnover (Birdir, 2002; Brien, 2004). For instance, data from the United States suggest a voluntary turnover rate in the leisure and hospitality industry of 52.2%, with accommodation and food being the highest in the hospitality sector, compared to an average of 23.4% across all industries (The US Bureau of Labor Statistics, 2006). Though debate varies, suggested reasons for this high turnoverShow MoreRelatedThe Role of HR Functions in Strategy Formulation1532 Words   |  7 Pagesthe hospitality industry. Gautam (2005) explained that the hospitality industry worldwide is the industry with the highest employee turnover. Narrowing down this industry, the hotel industry within hospitality has one of the highest turno ver rates and because strategic human resource management is focused on the efficiency of human capital, the industry must find a way to hire, train and retain skilled employees. 2. 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Tuesday, May 5, 2020

Analysis of Blurred Lines by Robin Thicke Essay Example For Students

Analysis of Blurred Lines by Robin Thicke Essay In the summer of 2013, the hit that took the nation by storm, Blurred Lines, by Robin Thicke, could be heard on what seemed to be almost every radio station in America. Its indeterminate lyrics and catchy tune made it easy to tap your toe and maybe even join in a couple hey hey heys ? with Pharrell Williams. The video is near 3. 5 million hits on Youtube. It was the number one song for sixteen weeks in a row, (a new record for Billboard. ) And it had over five million downloads (legally) in its first thirty weeks. It was obviously a favorite a song to define a summer. Yet this presented a problem much larger than the song itself; although its popularity was through the roof, the lyrics are among some of the more common phrases that are said to rape victims (Info from Project Unbreakable). These seemingly harmless words are a perpetuation of the Rape Culture that is becoming more and more prevalent today; and the acceptance of this song, and others like it, just goes to show how oblivious most people are to the vulgarity of what we listen to. The song Blurred Lines (by Robin Thicke, featuring Pharrell Williams and T. I. ) debuted in March of 2013, and hit its peak later that summer. Since that time it has become one of the most controversial songs of the decade. While it was nominated for three Grammy Awards that year, Robin Thicke also took home the title of Sexist of the Year from the End Violence Against Women Coalition. Thickes MTV Video Music Awards performance of the song with Miley Cyrus was the most Tweeted about event in history, pulling in a record 360,000 tweets per minute. Its raunchy and inappropriate nature was a shock to many who saw the performance, and for those who missed it there were videos and pictures readily available on the internet within a couple hours. Overall there was a very mixed reception to the song, but by taking a closer look at the lyrics themselves we are able to see that those people who were upset with the artists had a right to feel that way. Blurred Lines begins with an invitation from Pharrell Williams for everybody who hears the song to join in with the artists, Everybody get up! ? This is followed by Robin Thicke addressing a young woman in what is most likely a club or party atmosphere. He claims that her last boyfriend tried to domesticate ? her, but she was too wild for him and that he (Thicke) can set her free from that constricting situation. Then comes the chorus along with the lyrics that are the most relative to Rape Culture in this song; Thicke addresses this wild ? woman as a good girl, ? followed by the eerie echo of I know you want it. He then goes on to say, I hate these blurred lines. ? What are the lines hes referencing? Within the context of the song it would seem that it is what has become the tragically gray area between consent and rape. Thicke claims that this womans actions are perpetuating his behavior because he knows what she wants, even though she has not said anything. Nothing makes this assertion clearer than the line, You wanna hug me. What rhymes with hug me? ? this is followed by laughter, and he presumably wants fuck me to be inferred by the listener. The next part of the song is a rap portion that is done by T. I. and is mostly unintelligible unless listened to closely, and even then some parts are indeterminate. He begins with asking a woman to sexually dance on him, and states that, I had a bitch but she aint as bad as you,? implying that she is the naughty one in this situation. He then tells her to hit him up if shes around and hell give her something big enough to tear (her) ass in two. .uc391c6c6fd8e6ef8bdf805af3eb12413 , .uc391c6c6fd8e6ef8bdf805af3eb12413 .postImageUrl , .uc391c6c6fd8e6ef8bdf805af3eb12413 .centered-text-area { min-height: 80px; position: relative; } .uc391c6c6fd8e6ef8bdf805af3eb12413 , .uc391c6c6fd8e6ef8bdf805af3eb12413:hover , .uc391c6c6fd8e6ef8bdf805af3eb12413:visited , .uc391c6c6fd8e6ef8bdf805af3eb12413:active { border:0!important; } .uc391c6c6fd8e6ef8bdf805af3eb12413 .clearfix:after { content: ""; display: table; clear: both; } .uc391c6c6fd8e6ef8bdf805af3eb12413 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uc391c6c6fd8e6ef8bdf805af3eb12413:active , .uc391c6c6fd8e6ef8bdf805af3eb12413:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uc391c6c6fd8e6ef8bdf805af3eb12413 .centered-text-area { width: 100%; position: relative ; } .uc391c6c6fd8e6ef8bdf805af3eb12413 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uc391c6c6fd8e6ef8bdf805af3eb12413 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uc391c6c6fd8e6ef8bdf805af3eb12413 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uc391c6c6fd8e6ef8bdf805af3eb12413:hover .ctaButton { background-color: #34495E!important; } .uc391c6c6fd8e6ef8bdf805af3eb12413 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uc391c6c6fd8e6ef8bdf805af3eb12413 .uc391c6c6fd8e6ef8bdf805af3eb12413-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uc391c6c6fd8e6ef8bdf805af3eb12413:after { content: ""; display: block; clear: both; } READ: Analysis Of ' Purple Hibiscus By Chimamanda Ngozi Adichie And The Kite Runner ' EssayThis is likely a reference to anal sex, and the listener is left unsure of whether or not the woman ever consented to this act. He says that even when shes dressed casually or normally he is having sexual thoughts about her, he would never let her get away from him, and that her last guy didnt treat her like he will, (maybe because her last guy didnt smack her ass? or pull her hair?). No matter who is singing in this song they are begging for female attention and waiting for acknowledgement, or consent, to their advances, but it never comes. This song prompted many people to take action, and because of it new organizations have brought others to attention about the issues that surround rape, and what rape really is. The No Blurred Lines? campaign was set up by police in Devon and Cornwall England for new college students with the message that sex without consent is rape. They even used the popular Twitter trend of hashtags to make it more easily accessible, (#NoBlurredLines. ) Another campaign that is gaining headway is Project Unbreakable whose mission is to increase awareness of the issues surrounding sexual assault and encourage the act of healing through art. One of the more powerful articles they were involved with was a review of the song with pictures of victims holding up signs that had quotes from their attackers that all echo the lyrics to Blurred Lines. Its a very powerful piece, especially when you can see the faces of people who have been sexually assaulted, what they were told, and who their attackers were. Clearly some changes need to made in our culture if my nine-year-old sister can be heard singing songs akin to this one. She doesnt know what shes saying or promoting, but someday she may wish she had. This rape culture ? and mentality that is seen prevalently today is wrong and needs to be righted. The lyrics to the song Blurred Lines are just one example of this, but the changes need to start somewhere. Through campaigns such as No Blurred Lines and Project Unbreakable many people are becoming more aware of the issues surrounding our culture, and what can be done to change it. By establishing a clear distinction between what is consent and what is rape there will hopefully be some turnaround, but there cannot be reliance on this alone. Songs like Blurred Lines shouldnt be produced at all, let alone go number one worldwide. The music industry has greater influence than we think, and by cleaning up not only song lyrics, but their videos as well, this could help promote female empowerment rather than degradation. Dominating ideas can be perpetuated subliminally through things like music, ads, and clothing, but once popular areas like these are turned toward an awareness of what theyre promoting exactly, then maybe there wont be such acceptance of lyrics like the ones in Blurred Lines. Bibliography: http://www.theguardian.com/music/2013/nov/13/blurred-lines-most-controversial-song-decade http://www.azlyrics.com/lyrics/robinthicke/blurredlines.html http://projectunbreakable.tumblr.com