The Social Performance Of Apple Incorporation And The...

In the recent years, most business organizations have adopted various strategies that have enhanced the social performance in the society. Corporate social responsibility plays a fundamental role in improving the relationship between a business and the local community (Taylor, 2010). Social performance of a business can ensure that it builds the good reputation among the customers thus improving the sales of the firm. This paper examines the social performance of Apple incorporation and the impact of corporate social responsibility on the multinational business organization. a) The nature, structure and types of products and services provided by Apple Since its inception in the late 1970s, Apple incorporation has brought a tremendous revolution in the field of technology. The multinational firm has received a worldwide acclaim as a consumer electronics provider. Apple incorporation design, develop and sell consumer electronics that includes personal computers, iPhones, and tablets. These electronic products are tailored towards customer needs and preferences thus resulting in high demand. According to Lashinsky (2015), the changing market structure and demands have made Apple produce highly sophisticated electronic products such as advanced iPhones that can compete favorably with other consumer electronics manufacturers such as Samsung and Microsoft. The products are designed to help the customers in communication as well asShow MoreRelatedRole Of An Employee And Manager Is Trust4543 Words   |  19 PagesGreat Place to Work Criteria Great Place to Work Institute is an organization that has been around for over 25 years. During this time they have surveyed millions of employees and have studied thousands of businesses. Through their research they have established the definitive standard on what a great workplace is. 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The Media and Political Campaigns Essay - 2354 Words

Brief Introductory Summary It has long been said that the media has the potential to make a candidate known as well as make a well known candidate become unpopular by giving either more media coverage or media blackout. It is interesting to see just how the media can play with people’s psychology and influence their decisions to a great length. In this issue paper, the learner investigates the contribution that the media has on political campaigns. The major issue under concern in this paper is the extent of media coverage that is accorded to particular candidates. Under this topic, there will be focus on issues like the contributions that technology in media broadcast has on political campaign candidates. For example, do YouTube and High†¦show more content†¦For example, during the 2008 political campaigns, it was strongly believed that the occupant of the Oval Office in that general election would have to utilize YouTube as well as proper utilization of High Definition TV if they had to win t he election (Crupi, 12). True to the media predictions, the two media technologies, backed by stronger media coverage and in-depth analysis of each clip made it possible for some candidates to succeed in their political ambitions. During the political campaigns, Sarah Palin’s image was made to appear as being tiny and flickering showing some sort of intimidation and negative publicity that eventually worked to her disadvantage (Crupi, 12). Surprisingly, Sarah Palin outdid Sen. Joe Biden on their media debate yet she had poor media coverage and was being downplayed by big media houses like the New York Times and the Wall Street Journal (Crupi 12). The question that arises at this point is: was Sarah Palin as weak as demonstrated by the media given that Palin surprisingly surpassed Sen. Joe Biden in the media debate? This shows that the media was in the effort t of making Sen. Joe Biden and destroying a potentially stronger leader. Based on the leadership potential, the media made people believe that Sen. Joe Biden was the strongerShow MoreRelatedEssay on Role of Media in Political Campaigns1933 Words   |  8 PagesThis paper discusses the role of the media in political campaigns. The purpose of campaigns To understand the role of election campaigns towards the end result it is necessary to understand that two ideas exist. It is believed that the voters decide for their candidate before the campaigning starts, while the others believe that it through active campaigning that voters reach their decision. 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This essay wasn’t written to persuade one either way, but rather to bring the important relationship to light, so with better understandingRead MoreEssay on Mass Media Coverage of Presidential Election1460 Words   |  6 Pagesnbsp;nbsp;nbsp;nbsp;nbsp;Mass media coverage of the U.S. presidential election involves two key elements- news reporting and paid advertising. Combined they make the media an important and influential factor in the election process. The media depends upon the campaigns for both news and revenues. The candidates then rely upon the media to get in touch with the largest number of voters possible. nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;The Media has a â€Å" very powerful and justifiableRead MoreHow Social Media Drives Politics1608 Words   |  7 PagesHow Social Media Drives Politics I. Introduction a. 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Life Without Music Written by a 4th Grader Free Essays

â€Å"Without music, life would be a mistake (Friedrich Nietzsche)†. What is the function of music to life and to the society? By definition, music is the art or science of combining vocal or instrumental sounds (or both) to produce beauty of form, harmony, and expression of emotion. Music universal and without it, the world would be a totally different place, and in this essay I will discuss how. We will write a custom essay sample on Life Without Music Written by a 4th Grader or any similar topic only for you Order Now Firstly I will be discussing about how music is extremely important and then I will talk about a counter-argument on why this is not so. For my counter-argument, it will be based on the premise of modern music. â€Å"It’s the music that you choose† – 19-2000 by Gorillaz in their debut album Why is music important? Music is a universal language, but what does this mean? Music, or at least good music, conveys a lot of emotion, ideas and notions that are inexpressible in English, or any other language. What does music do? Music breaks this language barrier and provides people with means of communication. It inspires common human feelings and bridges gaps between cultures that spoken languages cannot. It brings people together and creates universal community. â€Å"After silence, that which comes nearest to expressing the inexpressible is music. † – Aldous Huxley Music is one of the best ways to evoke emotions healthily. It touches our emotional being and evokes moods and feelings that are sometimes difficult to express. It can change a difficult mood and make it happy or excited; it can change a light mood and take it deeper and more profound. For people who are not good at expressing their emotions, music is a very good method to do so. It has been shows that people with Asperger’s Syndrome ( high-functioning autism) benefit from music. Bottling up emotions is extremely unhealthy. If music be the food of love, play on. – William Shakespeare One good thing about music, when it hits you, you feel no pain. -Bob Marley Music also generates an ambient atmosphere. You can use music in any environment to enhance and augment what is already there. For me, personally, music is my sanctuary. Music is my release of emotions and I love ‘feeling’ the music. I put everything I have into it so I can put the emotions the composer was feeling when they wrote the piece. Then when I’ve finished playing/listening I feel like I’ve accomplished something great. Music is something that I can control and change to fit whatever I’m feeling. Religious people also claim that music heightens their spirituality. Every religion on the planet uses music in some form or the other to enhance the soul, whether it is the rhythmic chants from Buddhism or the devotional songs in Hinduism. Music is recreational; listening to soothing songs can be a way of relaxing and allowing your body and mind to take break from the monotony of life. Studies have proven that music can be a good way of helping your imagination develop There is nothing in the world so much like prayer as music is. – William P. Merrill There are other various benefits from music such as enhanced brain function, helping develop the imagination, and making mundane and boring activities much, much more enjoyable â€Å"Reality leaves a lot to the imagination. † – John Lennon There really is no objective answer to the question â€Å"Why is music important†. It inspires people and allows us to get in touch with our emotions in a way that is unique. For those amongst us who find it difficult to express ourselves, music can evoke reactions. Your mood can change from dark and depressed to elated and delirious happiness with just the selection of the right track and a hit of the play button. Music works wonders on creating a certain atmosphere. You can use music to liven up a boring party or to create a romantic ambiance. For my counter-argument I will modify Nietzsche’s quote by a little, â€Å"Without Good music, life would be a mistake (Friedrich Nietzsche)†. I completely agree with Nietzsche’s statement of how without music, one’s life is incomplete. In modern music there is no depth and emotion in their music and this can be seen from artists like â€Å"Lady GaGa, Justin bieber, Katy Perry and various others†. I shall quote from the song â€Å"poker face† by Lady GaGa, she repeats â€Å"Poker face† till infinity. There is no emotion or feelings conveyed in this type of music, therefore, life is incomplete without Good Music. In conclusion, music is essential in the lives of people as it plays a significant part that no other such form of entertainment can replace and conveys emotions and feelings no language can convey. ——————————————– [ 1 ]. https://www. google. com. sg/search? sourceid=chromeie=UTF-8q=what+is+music%2F#hl=enq=musictbs=dfn:1tbo=usa=Xei=7uiXT6i5N5GzrAeWoY2oAQved=0CCsQkQ4bav=on. 2,or. r_gc. r_pw. r_cp. r_qf. ,cf. osbfp How to cite Life Without Music Written by a 4th Grader, Essays

Inventory Management LF Chemical Company

Question: Discuss about theInventory Managementfor LF Chemical Company. Answer: Introduction LF Chemical Company profiles his customers in four categories based on the customers sales volume and due to this, the company will experience different annual variable costs depending on the annual demand per the category of the customers. Listing the variables as given in consistent units: Annual Variable Cost per the Low customer category Demand (D) = 1,500 12 months = 18,000 units Unit Cost (UC) = $1 Reorder Cost (RC) = $ 500 Holding Cost (HC) = 30% of the product cost per annum. Holding Cost (HC) = 0.3 $1 = $ 0.3 Optimal order quantity: The optimal variable cost per unit time; VC0 = HC Q0 = 0.3 7,746 = $ 2,323.8 The optimal total cost per unit time; TC0 = UC D + VC0 = 1 18,000 + 2,323.8 = $ 20,323.8 Variable cost per unit time (VC); Annual Variable Cost per the Medium customer category; Demand (D) = $5,500 12 months = 66,000 units Optimal order quantity for this category of customers will be: Q0 = 14,832.4 and since the petrochemical products are in discrete units, the value becomes 14,832 units The corresponding annual Variable cost per unit time (VC) becomes; Annual Variable Cost per the High customer category; Demand (D) = $8,000 12 months = 96,000 units Optimal order quantity for this category of customers will be: Q0 = 17,888.5 The petrochemical products usually come in discrete units and therefore, the optimal quantity becomes 17,889 units. The categorys corresponding annual Variable cost per unit time (VC) becomes; Annual Variable Cost per the Ultra High customer category; Demand (D) = $11,000 12 months = 132,000 units Optimal order quantity for this category of customers will be: Q0 = 20,976.2 and this is also rounded off since the products are shipped in discrete units making the optimal quantity to be 20,976 units. This categorys corresponding annual Variable cost per unit time (VC) becomes; By adopting the use of independent demands for each category of the customers, the company will incur higher operational costs for the delivery of the petrochemical products since each consumer demand attracts a higher variable cost which eventually results in higher total costs. Moreover, as a result of the lack of in-house logistics expertise, the account managers adopt the use of a heuristic approach. This method results in excess supply of the petrochemical products as the total demand is less than the full capacity of the delivery track. The total capacity of the manufacturers delivery truck is 35,000 pounds while the sum of the demand volume for the 30 customers is 26,000 pounds (1,500+5,500+8,000+11,000) (Weng Cheon, 2013). This less demand, therefore, leads to an excess of 9,000 pounds increasing the company expenses. Since the current strategy adopted by LF Chemical Company does not result in the minimization of cost in the inventory management, it is regarded as imperfect and therefore the managers should consider adopting a new strategy that enhances efficient inventory management (Subramanian, Rawlings Maravelias, 2014). From this scenario, the best strategy to use will be the Economic Order Quantity (EOQ) model. The EOQ provides a guideline that improves the inventory management for the company since it controls the rise of the variable costs. For this model to be appropriate in inventory management, it adopts the following assumptions as noted by Weng and Cheon (2013); There is a relatively constant annual demand rate and it is known with certainty. The ordering costs do not fluctuate The lead time remains at zero There is an order point system which indicates that inventories are received continuously The replenishment is done when the stock level is at zero The inventory is replenished instantaneously that is; the entire order is received as a single batch The order quantity is constant for each replenishment order There are no stock-outs By adopting the EOQ, LF Chemical uses the following formula to minimize its annual variable costs; Using this model, the sum of the demand becomes 26,000 pounds, Reorder cost remains at $ 500 and the Holding cost remains as $0.3 Q0 = 9,309 units The annual variable cost (VC) per unit time therefore becomes; As noted from the above calculations, it is evident that the EOQ model is the best strategy to minimize the costs. References Subramanian, K., Rawlings, J. B., Maravelias, C. T. (2014). Economic model predictive control for inventory management in supply chains. Computers Chemical Engineering, 64, 71-80. Weng, T.Y., Cheon, K.F. (2013). LOG203: Inventory Management Study Guide (5CU), Singapore, Educational Technology Production Team