Sunday, August 23, 2020

UK LAND LAW (question is in the instructions box) Essay

UK LAND LAW (question is in the directions box) - Essay Example on identifies with whether the rent moved by Troy to Ai-Ai was in congruity or in penetrate of Lakshmis contracts in the underlying lease understanding or not. The subsequent issue identifies with Troys position in the agreement after the property is moved to Ai-Ai. Is Troy limited by his assurance to check exhibitions of new chosen ones or not. What is the situation of the assurance corresponding to Lakshmi and can be considered liable for the activities of Ai-Ai and Boo? The third issue identifies with the chance of Ai-Ais move of the property to Boo. Is the all-inclusive occasion in Thailand equivalent to deserting and is Boos use of the property commensurate to a task? This is an issue since Ai-Ai doesn't reserve the privilege to allot the property without Lakshmis assent. Thus, there is an unmistakable break. Be that as it may, what are the legitimate ramifications? Would lakshmi be able to sue for relinquishment? The last pointer that will be inspected is the legitimate situation of Boos separating of the divider in the property to permit in more air. Changes on the property is a contract in the rent. Does Lakshmi have the privilege of forefeiture? Furthermore, a potential solicitation for harms? A leasehold agreement is a condition in a rent determining explicit commitments with respect to either party2. This incorporate express terms about how things will happen and how the rent is to be directed. A task happens when an occupant moves entire or part of his outstanding enthusiasm for the property to another person who is an appointee. A task is fairly similar to a three level course of action between a proprietor who hands over to the occupant who likewise hands over to a trustee. Now and again, leases restrict assignments since proprietors don't need their property to be moved to appointees they don't know3. Nonetheless, for a situation where the rent understanding denies inhabitants from assignments, an occupant can move enthusiasm for the rent to someone else with the assent of the landowner and this transferee turns into a sub-tenant4. At the point when an occupant

Friday, August 21, 2020

Local Mobile Market Makes Glob essays

Neighborhood Mobile Market Makes Glob papers Thailand has gotten one of Nokia's best 10 markets for cell phones and the organization anticipates that the market should continue developing. The Asia-Pacific locale is |an significant district for Nokia |with three of our 10 biggest markets on the planet situated in this area |-China, the Philippines and Thailand. We accept the locale |will keep on observing sound development throughout the following barely any years, Robert Anderson, senior VP of Nokia Mobile Phone Asia-Pacific, said at the organization's Asia-Pacific dispatch of its new cell phones here on Tuesday. Nokia's Style My Mobile World occasion in Melbourne was held all the while with one at CeBIT 2002, the worldwide innovation reasonable in Hanover, Germany. Nokia holds the biggest offer |of the Thai cell phone deface |ket with around 40 percent, follow-|ed by Motorola, Siemens and Ericsson. Telecom examiners have fore-|cast that the Thai cell phone |market will arrive at 8,000,000 |units this year, up from 6,000,000 a year ago. A portion of the six Nokia cell phones divulged on Tuesday were customized to the Asia-Pacific market, including the Nokia 3510, which supports general parcel radio administrations and mixed media informing just as polyphonic sounds. The model will go at a bargain in Europe, Africa and the Asia-Pacific in the second quarter of this current year, Nokia said. The 3315 model was structured solely for the Asia-Pacific |market. It will have an image |editor, a Chinese phonebook and Thai info. Nokia Mobile Phones (Thailand) propelled the main Thai-empowered Nokia 3350 model in Thailand on January 27. Nokia likewise disclosed its shading screen 7210 model - which underpins sight and sound informing administration (MMS) and can be utilized on GSM organizes in Europe, Asia and the United States - at Tuesday's occasion. Nokia will start dispatching the 7210 right off the bat in the second from last quarter. ... <!

Sunday, July 5, 2020

Malaysian Court System - Free Essay Example

Task 1a)There are three courts with different jurisdiction within what is known as the Superior Court. They are the Federal Court; i.e. the highest court in the land, the Appeal Court, the High Court of Malaya and the High Court of Sabah and Sarawak. Each is head by a federal judge called Chief of Justice of the Federal Court, President of the Appeal Court, and Chief Judge of the High Courts of Malaya and Sabah and Sarawak. The subordinate court comprises the Session Court and the Magistrate Court. In the Peninsular, there is also the Penghulus Court but the latter is increasingly less used. In Malaysia, they are presently 60 Court Judges, 52 in the Peninsular and 4 each in the states of Sabah and Sarawak. At level, there are 151 Magistrate. Of that numbers, 122 for the Peninsular, 10 Sabah, 1 Federal territory of Labuan and 18 only 118 were filled in the Peninsular, 7 in Sabah and 12 in Sarawak.In addition to the above, there are also several tribunals or such as the Industrial Court, Labour Court, the Mining Court, Courts Martial, and the Special Court, each dealing with specific matters already mentioned very briefly.At the state level, there are several courts; Syariah Court that is further sub-divided into Syariah Court of Appeal, Syariah High Court and Syariah Lower Court, and in the states of Sabah and Sarawak, the Adat (Native) Court.Superior courtFederal CourtThe Federal Court is the highest court in Malaysia. The Federal Court may hear appeals of civil decisions of the Court of Appeal where the Federal Court grants leave to do so. The Federal Court also hears criminal appeals from the Court of Appeal, but only in respect of matters heard by the High Court in its original jurisdiction (i.e. where the case has not been appealed from the Subordinate Courts).Court of AppealThe Court ofAppeal generally hears all civilin his warrant, which can be punished with a fine not exceeding RM50.b)Thecourt in Malaysia that are empowered to hea r appeal cases are the Court of Appeal which headby the President of the Court of Appeal.Itcomprises 10 other judges, excluding the president.The Court of Appeal was constituted from the Federal Court which was abolished when the Supreme Court was formed in 1985. It resurfaced again 1995, the Supreme Court was Federal Court and the Court of Appeal as in pre- 1985 period. The appointments of members of the Court of Appeal are made by the King upon the of Prime minister who is constitutionally required to consult the Chief justice and the President of the Court of Appeal. They shall hold office until reaching the age of 65.TASK 2a)In Malaysia, parties in a civil dispute are advised to settle their disputes outside the court room. This resolution called as alternative dispute resolution (ADR). ADR being introduced to provide an alternative settlement outside an open court which is private and less time-consuming while giving the opportunity to the parties in dispute to decide on their terms of settlement and to reduce backlog of cases in the courts. This resolution consist in four forms i.e. negotiation, mediation, conciliation and arbitration. By the way, in Malaysia all these alternative dispute resolution do not being apply towards the criminal proceedings as practised in many countries.One of the more ignored aspects of employment law is tribunal procedure. To this neglected area the Coalition Government has brought in a host of reforms to address what is regarded as an economic imperative. This commentary considers the employment law reforms contained in the Enterprise and Regulatory Reform Act Part 2.Coming at the mid-way point in the Coalitions planned reforms which are scheduled to be fully introduced as of 2015, this legislative overhaul of employment tribunal procedure has been linked to efforts to improve the countrys economy. Government reports published leading up to the passage of the legislation offer guidance to the new framework. Th e package contains a negative and singular view of employment litigation. The Act and Regulations may assist employers, but more remarkable is the Governments ambivalence regarding rights. These reforms put into question access to redress for potential infringements of employment rights and emphasise the use of law as a tool for economic stimulation rather than a source of rights protection.This commentary first briefly situates the package within a continuum of procedural changes and then outlines the long-standing discussion regarding Employment Tribunal reform. The next segment delves into the reforms by considering three provisions which are: the requirement for claimants to report their claims to Acas first; fees for launching claims; and settlement offers. This discussion is interspersed with references to Government documents anticipating the changes. Based on these foregoing sections, the final portion of this commentary investigates instructive themes emerging from t he current reforms package. The Coalitions plans are of particular importance to small-to-medium-sized (SME) and microbusinesses. The emphasis of employment regulation is being shifted to that of an easy-to-use format accessible to those entirely unfamiliar with these regulations. Together this package suggests fundamental change in employment law: a retrenchment of the parameters for access to redress which has the potential to limit the enforcement of recognised employment rights, especially when determined by their impact on business.(Nuraisyah Chua Abdullah (2013), Questions Answes on MALAYSIAN COURTS, STATUTES, CASES CONTRACT, TORT AND CRIMINAL LAW. International Law Malaysia . page 48)(Industrial Law Journal, retrieved from https://ilj.oxfordjournals.org/content/42/4/409 full accessed on 23 Decembercenario given is mediation. This is because by using mediation the parties that involved would either reach a settlement according to the proposals of the mediator or the ca se will be brought to the court. Other than that, the types of disputes that is suitable for mediation are family disputes and business or trade disputes. As the scenario given was involving the employer and the employee so that the mediation will be suit to handle the case given. (Nuraisyah Chua Abdullah (2013), Questions Answes on MALAYSIAN COURTS, STATUTES, CASES CONTRACT, TORT AND Law Book Services. Selangor : Malaysia . page 48-49)TASK 3a)Liability in law is an obligation of one party to another, usually to financially. It is a fundamental aspect of tort law, although liability may also arise from duties entered into by a special agreement as in a contract or in the carrying out of a fiduciary duty. The affixing of liability may once have been simply a peace-preserving alternative to the practice of an injured party taking vengeance. Based on the Law Dictionary, personal liability describes a personal wrong to a person such as an assault or the wrong resulting in damag e of personals feeling. the laws emphasis has long been that one who is able to pay (who, in modern terms has deep pockets ) should pay one who has lost something through an action of the payer, even if that action was blameless. Under the principle vicarious liability, an employer may be jointly and severally liable with his employee for torts committed by the latter. Based on the Encyclopedia of Crime and Justice, vicarious liability, which is common in some areas of the law, refers to legal responsibility for the actions of another. Some of the rationales of the concept of vicarious liability are such follows :i.The employer must have been negligent in employing a negligent servant or) failing to control his servant.ii.Since the employer benefits from the employees work, he should also bear the responsibility for damage caused by his employee.iii.The employer has the greater fund to pay damages to the injured party than the employee.iv.Usually the employer is not an indivi dual, but an enterprise or undertaking, therefore, they can spread the loss. Moreover, they also have insurance coverage.However, if thee tort is committed by an independent contractor rather than bya n employee, the person who engages the independent contacrtor would not be liable for the tort committed by the latter. By the way, it can be argued that liability for the wrongs of independent contractors do exist on the grounds that he failed in his duty to ensure that competent conractor was employed and also where the operation is of a particularly dangerous nature a in the case of Honeywill Stein v Larkin Bros [1934] 1 KB 191.Strict criminal liability is often confused with vicarious liability, with which Thus, if A, Bs employee, knowingly serves liquor to a minor, and B is held liable, B is vicariously liable, but not strictly liable, since someone for whom he is held responsible acted with mensrea. If, however, A did not know his customer was a minor, and is nevertheless held liable, A is strictly liable. And if B is held liable as well, he is now vicariously and strictly liable. Many of the early cases understood to impose strict liability actually involved vicarious liability. Normally a defendant is not liable unless he does something wrong. There is one exception to this general rule where a defendant will be liable even though he violated no duty and did nothing wrong. This exception is sometimes called strict liability or absolute liability. (Nuraisyah Chua Abdullah (2013), Questions Answes on CRIMINAL LAW. International Law Book Services. Selangor : Malaysia . page 163-165)( Encyclopedia of Crime and Justice, retrieved encyclopedia.com/topic/Strict_Liability.aspx accessed on 23rd December 2014)( Encyclopedia of Crime and Justice, retrieved from https://www encyclopedia.com/topic/Vicarious_Liability.aspxaccessed on 23rd December 2014)( Principles of Liability and Personality, retrieved from https://www lawteacher.net/free-law-disserta tions/principles-of-liability-and-personality.php accessed on 23rd December 2014)b)Legal obligation of one party to a victim as a resultof a civil wrong or injury This action requires some form of remedy from court system. A tort liability arises because of a combination of directly violating a persons right and the transgression of a public oblication causing damage or a private wrong doing. evidence must be evaluated in a court hearing to identify who the tortfeasor/ liable party is in the case.base on www.lawdictionary.com/defination/tort liability.html Task 4a) Define the term contract1)Defined terms and definitions are used toarchitecture, a negative correlation was identified in respect of several variables, such as firm size, share of value added and productivity (value added per employee). Conversely, the correlation between RAs and sectoral performance across key indicators was positive in professions such as engineering (employment, turnover and value added) and wi thin specialised construction activities (no. of employees employment, turnover and value added). While this finding is the opposite of what might be expected, there may be other unidentified variables that influence sectoral performance in the countries within scope. The rank correlation and regression analysis found that the exclusive reserve of icant at conventional confidence levelsactivities within engineering, architecture and building services may lower productivity compared with EU countries in which the same professions do not have specific qualifications requirements. Based on https://www.law.cornell.edu/wex/legal_systems method of resolving disputes other than by litigation. Abbreviated as ADR. the Public courts may be asked review the validity of ADR methods, but they will rarely overturn ADR decisions and awards if the disputing parties formed a valid contract to abide by them. the Arbitration and mediation are the two major forms of ADR.Arbitration, a widely used form of ADR, is a kind of dispute resolution method that the disputes arising between the parties are resolved by the arbitrators appointed by them instead of states legal bodies. the Mediation, a wide applicable form of ADR, is a method in which the mediator provides better communication between the parties of the dispute. then The mediator does not guide or direct the parties, or gives an advice or gives a binding decision like an arbitrator or a judge. then The mediator only contents with asking directive questions to the parties better communication with each other.In case an agreement is not reached at the end of mediation process, the information and documents obtained from the deliberations cannot be used as evidence in a possible, future lawsuit.The Tribunal ProcessAlthough some employees and employers can now choose to follow an alternative dispute resolution procedure, most employee complaints are still heard at an employment tribunal. but You need to take tribun als seriously. because If you have well-thought-out procedures, and follow them, you can prepare good evidence making it easy to defend your actions.The interpretation of employment law is moving in favour of the 2009 b) Identify the parties involved in the senario 3 with the help of a proper diagram and their responsibilities.BankThe banker is to advise companies, institutions and governments on how to achieve their financial goals and implement long and short-term financial plans Corporate investment bankers work in dedicated teams, focusing on specific transactions or market sectors. then They also work alongside other related professionals such as lawyers and accountants. A typical corporate finance deal involves two stages:Origination: assessing a deals desirability which is sometimes an innovative idea from the bank rather than the client. Financial models are used to simulate possible outcomes. This requires a deep understanding of a sector.Execution: structuring and ne gotiating the detailed terms of a deal, often in liaison with other professionals Although dealing with different, specific business areas, project teams liaise with one another during the two phases of a deal in order to obtain relevant specialist information and market intelligence.Typical activities on a day-to-day basis include:*thoroughly researching market conditions and developments;*identifying new business opportunities;*carrying out financial modelling, then developing and of presenting appropriate financial solutions to clients;*liaising with the chief executive and chief finance officers of large organisations;*co-ordinating teams of professionals including accountants, lawyers and PR consultants and working closely with them.ClientThe client should ensure the following concerning the principle contractor:* that the potential principal contractor to be appointed has the necessary competencies and the resources to carry out the construction work safely.* ensure prio r to work commencing on site that every principal contractor is registered and in good standing with the compensation fund or employee, and awards are increasing, so it is important to understand to the system and the way tribunals operate.This briefing covers:1.The tribunal process, from the start to finish.2.How to defend a case.3.How to prevent disputes arising. the Employment tribunal hearings usually take place before a legally qualified employment judge and two lay members, one nominated by an employersorganisation and the other from a union oremployees body.The employment tribunal process is impartial, but in an unfair dismissal claim it does generally start by assuming that there is a case for the employer to answer._Tribunals try to be guided by what is reasonable. They will take into account prevailing standards and practices in your industry and recognise that special difficulties can arise in smaller firms._Awards made by the tribunal are aimed at compensating the employee, not punishing the employer.b)The selection of ADR b

Tuesday, May 19, 2020

Darwinius - Facts and Figures

Name: Darwinius (after naturalist Charles Darwin); pronounced dar-WIN-ee-us Habitat: Woodlands of western Europe Historical Epoch: Middle Eocene (47 million years ago) Size and Weight: About two feet long and 5 pounds Diet: Probably omnivorous Distinguishing Characteristics: Small size; primate-like anatomy About Darwinius To many paleontologists, Darwinius is a case study in how scientific discoveries should not be communicated to the general public. Although the well-preserved fossil of this prehistoric primate was unearthed way back in 1983, it wasnt until recently that an enterprising team of researchers got around to examining it in detail. Rather than share their findings with other paleontologists, the team started a bidding war for book and TV coverage, so that Darwinius was announced all at once to the world in 2009--most notably in an extensively hyped documentary on the History Channel. The premise of all the publicity: Darwinius lay at the root of human evolution, and was thus our oldest direct ancestor. As you might expect, there was an immediate backlash from the scientific community. Some experts maintained that Darwinius wasnt all it was cracked up to be, especially since it was closely related to another well-known early primate, Notharctus. Most at issue was the TV documentarys breathless use of the phrase missing link, implying that Darwinius somehow led directly to modern humans (to most of the lay public, the phrase missing link in the context of human evolution implies a simian ancestor that lived at most a couple of million years ago, not nearly 50!) Where do matters stand now? Well, the scientific community is still examining the fossil evidence--as should have happened before the announcement of Darwinius, not after.

Wednesday, May 6, 2020

Air Pollution in Japan Essay - 3055 Words

Abstract This assignment presents one of the major environmental issues in Japan, air pollution. The major causes and impacts of Japan air pollution will be addressed and highlighted in details; air pollution have its significant health implication on humans, as well as the environment, the effects and damages may extend beyond any measure of tolerance. Numerous sustainable solutions were proposed by the government or the individuals. This assignment discussed these different solution along with it implications. Introduction Over hanging smog is one of the major signs of air pollution in a city. Air pollution presence differ from city to another, air pollutant can be classified as well in terms of its visibility, visible or†¦show more content†¦The industrial development not only affected Japan natural beauty was destroyed as the price for this development but as well Japan air but as a result for this growth. Japan cities were the first line in for this economical change by the government with the Meiji Restoration in 1868, mass production becomes the new age of mechanized factories policy, as a result of this industrial change, air pollution started to impact the Japanese society and become a social concern, air pollution by particulates, had the major impact on all surrounding environment and human, including the ones that catering the factories machine productions. Particulates were recognized as serious issue in Osaka, where many large factories were established between 1870s and 1880s, Osaka was recognized as one of the largest industrial cities but also as Smoke Capital (The History of Japans Air Pollution, 2005). Osaka citizens started taken apposition actions immediately as the pollution moved from affecting air and water to affect their crop yields, fish catches and caused many other damages to individual citizens. Osaka citizens demanded for the government to either to shut down the factories which are responsible for the pollution or to move them outside the city into the suburb, they also demanded that victims of the pollution were entitled to suitable compensations for the damage that was caused.Show MoreRelatedChina s Massive Pollution Problem918 Words   |  4 Pagesâ€Å"Air pollution is defined as any substances absorb into atmosphere, and these substances harm the living things and environment† (Dictionary). As dictionary mentioned, during development of the Beijing for 10 years, air has been contaminated by emission of gases and smog from industrial factories whose number has been increasing. A number of particles and dusts damage to people’s health and their life s tyle. People are always concerning about daily concentration of particles. 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I am looking at Japan, which is a small island country in Asia which has one of the biggest populations in the world. â€Å"Japan has the 6th highest population of people living in an urban environment with at least 173 million people† (Worldwide Urbanization Prospects, pg. 12). When looking at japan there is so much information about such a small country that it is going to be very interesting to learn more about this magnificent place. â€Å"Some history about Japan is that it is important toRead MoreChina s Struggle With Air Pollution901 Words   |  4 Pages(Tisdell, 2008). However, with these advances in industry come a downside: air pollution. Since the early 1980s, air pollution levels have been climbing to dangerous levels. However, in 2013, the scales tipped for the worst. This certainly was not the first year that air contamination reared its ugly face, blackening Chinese cities, closing roadways and sending children to the hospital. 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Music Essay Summary Example For Students

Music Essay Summary When someone focuses on a certain type of music it tends to change the social manners such as dressing, attitude and even different way of speaking. Everything is caused by the effect of music, and we see it every day in society. In my case, I did change a lot of old habits and, many friends as a result of making me see life from another perspective. Just passing a couple of years I was still young and very open minded that at that time I got bored of listening always the same things and the same meaning of the songs. I started listen a variety of genres of music such as pop, rock, alternative etc. T finally I found metal at my fourteen years old. Since I heard those guitar solos my life changed completely, I got to say that I felt in loved with the sound of that music. Drastically I started learning how to play the guitar, and learning each song I liked. I also started going to shows and local concerts of my city and I learned a lot about that environment. It made me felt rude, stro ng and excited the experience of music and society on that field. I also appreciate how the meaning of lyrics in metal songs were different that hip-hop and pop songs. Metal teaches about death, and anger. On the other hand hip-hop teaches about life, poverty, and gangsters. In fact, every different genre of music has its own type of lyrics and meanings. Also the same sounds and rhythms within the music makes you feel in a certain mood such as sad, anger, happy, excited etc. For each individual, music has a different purpose and meaning. In my life and now in the actuality I had learn about a lot of different genres and styles, because being an open minded person brings you to new worlds in terms of music, and different feelings and thoughts whenever you heard something. I also have to say that music as a lot of functions in my life, because as a musician I can appreciate music different, in fact, I do always pay attention at the rhythm, tones and times of a song each time a listen to something. Back on my old days I used to take very seriously my music styles and way of thinking that made it me change my dressing, and do things related to that environment. Nowadays as I been acquiring more maturing I am not a pride person that lives for a style or a unique social group. I am a musician and I love every different type of music including also electro, dub step, Indies and a variety of efferent genres. I love the sounds, the tones, and messages because each song Music Essay By Anastasia feel something different either for good or bad. Music is freedom, it is open your mind to the universe and explore. Since the beginning of history music has been always important in all areas such as cultural, society and even religion. We can say for instance, how some meanings of songs talks about peace, love, and happiness, and on the other hand we can see songs that talks about death, anger and destruction. The point is that the values of music are free and open to any type or roof of people. It has a cultural pattern because of the way that different countries listen to different kinds of music and use of instruments. We can say is also influenced in the religious aspect because usually on churches we appreciate praises to God what in other words would be songs with the message of that certain religion. The key is that the world gets identified by music and that in every different places of the world someone feels or shares your same thoughts when listening to something. In conclusion the power of music goes more forward of what we think. .ud7c8fc8b47bffaf73c548d5a3bf4b637 , .ud7c8fc8b47bffaf73c548d5a3bf4b637 .postImageUrl , .ud7c8fc8b47bffaf73c548d5a3bf4b637 .centered-text-area { min-height: 80px; position: relative; } .ud7c8fc8b47bffaf73c548d5a3bf4b637 , .ud7c8fc8b47bffaf73c548d5a3bf4b637:hover , .ud7c8fc8b47bffaf73c548d5a3bf4b637:visited , .ud7c8fc8b47bffaf73c548d5a3bf4b637:active { border:0!important; } .ud7c8fc8b47bffaf73c548d5a3bf4b637 .clearfix:after { content: ""; display: table; clear: both; } .ud7c8fc8b47bffaf73c548d5a3bf4b637 { 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; } .ud7c8fc8b47bffaf73c548d5a3bf4b637:active , .ud7c8fc8b47bffaf73c548d5a3bf4b637:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud7c8fc8b47bffaf73c548d5a3bf4b637 .centered-text-area { width: 100%; position: relative ; } .ud7c8fc8b47bffaf73c548d5a3bf4b637 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud7c8fc8b47bffaf73c548d5a3bf4b637 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud7c8fc8b47bffaf73c548d5a3bf4b637 .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; } .ud7c8fc8b47bffaf73c548d5a3bf4b637:hover .ctaButton { background-color: #34495E!important; } .ud7c8fc8b47bffaf73c548d5a3bf4b637 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud7c8fc8b47bffaf73c548d5a3bf4b637 .ud7c8fc8b47bffaf73c548d5a3bf4b637-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud7c8fc8b47bffaf73c548d5a3bf4b637:after { content: ""; display: block; clear: both; } READ: The Fascination of Pop Music EssayEveryday music is growing up and evolving with new genres and styles but, the feelings and emotions will be always the same. In fact, the content of a song will be always composed of the same structure such as the rhythm, the tone and the message. Being an open minded person and listening to different kinds of music will make you understand and comprehend different cultures, and social groups. Finally, feel free to listen and love music, because music is an art and a passion. Music is universal and music was made for you and me to love it, explore it, and finally to enjoy it.

Tuesday, April 21, 2020

New Product Development Stew Leonards

Introduction Since its inception in 1969, Stew Leonard’s has positioned itself optimally in the United States’ grocery store industry by offering diverse food products. The firm has established four supermarkets, which are located in New York and Connecticut.Advertising We will write a custom essay sample on New Product Development: Stew Leonard’s specifically for you for only $16.05 $11/page Learn More The firm’s product portfolio is comprised of dairy products, meat, wine, and juice. In addition, the firm sells its products to over 300,000 customers every week. A workforce of over 2,000 employees necessitates the company’s operations. Stew Leonard’s has had exemplary performance over the past decades, as evidenced by its listing in the Guinness Book of World Records. This recognition was due to its sales per unit area in the category of all single food companies in the US. Despite its superior performance over the past four decades, Stew Leonard’s is experiencing pressure from the external market environment such as change in consumer behavior and intense competition. Thus, the firm’s top management team has an obligation to respond to the prevailing market trends. One of the most effective approaches that the firm should consider is new product development. This paper illustrates the critical aspects that Stew Leonard’s should consider in developing and introducing the new product. New product In line with its quest to offer diverse nutritional food products, it is essential for the firm to consider the introduction of a new snack product. The product should be produced from high-energy natural ingredients such as different whole grains, milk, and vegetables in order to meet the customers’ tastes and preferences. In order to improve the ability of the new product to provide customers with the needed energy within a short duration after consumption, it is imper ative for the firm to ensure that the snack product is easily digestible and absorbed by the body.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In a bid to improve the snack’s capacity to provide the needed energy, the firm should incorporate some of the ingredients used in the production of energy drinks such as ephedrine, ginseng, ginkgo biloba, taurine, carnitine, inositol, and creatin. These ingredients will meet the customers’ energy requirements and enhance their well-being. Feasibility and profitability By introducing this product, Stew Leonard’s will greatly improve its performance. The feasibility and profitability potential of the new product is fostered by a number of factors. Food consumption Food consumption habits in the US were affected by the 2008 economic recession. Some market segments such as the private labels were least affected by the recession. During the recession, private labels’ prices varied between 20% and 40% as opposed to the branded equivalent. However, the trend has been reversed by the improvement in consumer confidence in the country’s economic performance over the past few years. A study conducted by the Business Monitor International (2014) records that per capita â€Å"food consumption is expected to rise by a compound annual growth rate of 2.6% between 2013 and 2018† (par. 5). Sustained economic performance will spur private consumption expenditure, which is critical in promoting profitability within the retail sector. Business Monitor International (2014) argues that private consumption expenditure is expected to grow by 2.2% between 2014 and 2018. By introducing the new product, Stew Leonard will be in a position to benefit from the improvement in the consumers’ purchasing power.Advertising We will write a custom essay sample on New Product Development: Stew Leonardâ€℠¢s specifically for you for only $16.05 $11/page Learn More Change in consumer lifestyle Consumers in the US appreciate the consumption of healthy food products. This trend has arisen from an increase in incidents of diseases associated with poor eating habits such as obesity. Currently, consumers are shifting to the consumption of healthy traditional snack foods. However, their preference mainly lies in the snack foods perceived to have high health benefits. The feasibility of the new snack product will be improved by the view that snacking has become a common trend amongst Americans. The NPD Group forecasts that snacking between main meals will increase by 5% to over 86.4 billion eating over the next five years (Prepared Foods, 2014). Product diversity By introducing the new snack product, the firm will enhance the attainment of the diversification strategy. Thus, Stew Leonard’s will be in a position to enter a new market segment, viz. the athletic market segment, which will be promoted by the unique product features. Competitive advantage Introducing the new product will improve Stew Leonard’s competitive advantage significantly. The competitive advantage will arise from the view that the firm expects the product to attract new customers due to the associated health, energy, and nutritional benefits. The health, energy, and nutritional benefits of the new snack will attract diverse customer categories. This aspect will lead to an increment in the firm’s sales revenue, hence its financial sustainability. Due to the attained level of financial sustainability, Stew Leonard’s will be in a position to finance diverse strategic aspects such as continuous product improvement, hence sustaining its competitive edge in the US food industry. Recommended mass media and social media channels After successful development of the product, it is imperative for Stew Leonard’s to create sufficient awareness on the ex istence of the new product in the market. Creating awareness is fundamental in an organization’s quest to improve the consumers’ purchase decision.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In a bid to create optimal market awareness, Stew Leonard’s should use the advertising technique, which entails mass media and social media channels. Mass media In its effort to create adequate market awareness through advertising, the firm should consider two main mass mediums, which include print media and broadcast media. The core broadcast mediums that the firm should integrate include radio and television. The firm should develop attractive advertising message in order to improve the likelihood of influencing the target customers. Moreover, the firm should create awareness using different print mediums such local newspapers, magazines, and brochures. In selecting the mass mediums, it is imperative for Stew Leonard’s to identify the most well established media houses in order to increase the likelihood of creating successful market awareness. Social media Market awareness should also incorporate social mediums. The core mediums that the firm should take into consid eration include Facebook, Google+, and YouTube. Justification The choice of the print and broadcast mediums will enable the firm to create optimal market awareness due to their capacity to reach a large number of potential customers in the US given their market penetration. Using television and radio will ensure that consumers in different regions receive the intended message simultaneously. Through these mediums, the firm will create awareness to the older customer group. Conversely, the choice of the three social mediums will enable the firm to reach the younger generation, which is increasingly becoming techno savvy. Furthermore, the two mediums have become critical sources of product information. Consequently, consumers are increasingly using the two mediums in searching information on different products. Moreover, social mediums are characterized by a multiplier effect due to the ‘word of mouth’ effect. Pricing structure In order to enhance its competitive advantag e through new product development, it is imperative for Stew Leonard’s to ensure that the product penetrates the market successfully. Price is one of the key determinants that the firm’s management team should consider in order to stimulate the rate of market penetration. The price structure adopted should influence the consumers’ purchase intention. The consumers’ purchasing decision is subject to the set price point. The firm should adopt the introduction pricing structure such as the penetration pricing strategy. This strategy will allow the new product to penetrate the market aggressively. The decision to adopt this pricing structure arises from the view that most customers already understand the benefits associated with healthy eating habits. Stew Leonard’s has developed sufficient economies of scale, hence its ability to set the price of the new product at a relatively lower point as compared to competitors. By adopting this strategy, the fir m will sacrifice short-run profits. However, Stew Leonard’s will develop an efficient market position, which will be a critical source of the firm’s competitive advantage. The strong market position will originate from the capacity to maximize the sales revenue due to the widespread market acceptance. Additionally, the penetration-pricing strategy will act as deterrence to potential competitors. Customer relationship management The high profitability potential in the US food industry has increased its attractiveness to investors. Furthermore, the existing firms are increasingly diversifying their product portfolio in an effort to exploit the market opportunities. Despite this trend, Stew Leonard’s can enhance the dominance of the new product by developing an effective customer-relationship management system. The CRM system should be aimed at entrenching product loyalty. One of the way through which the firm can achieve this goal entails integrating point of sale systems, which involves high-tech software that has the capacity to capture the customers’ details. Through this technology, the firm will be in a position to offer unique customer experience, for example, by designing loyalty programs. Symons (2014) affirms that on average, â€Å"13% of disgruntled consumers will tell at least 20 people about it† (par. 2). The automated POS will enable the firm to customize its service delivery by generating automated messages such as emails informing customers on different product aspects such as product improvement. Additionally, the POS will enable the firm to track the customers’ purchase history such as product inquiries. This aspect will improve the likelihood of influencing the consumers’ intention to purchase the product, for example, by designing attractive loyalty programs. Inherent risk Despite the fact that the introduction of the new product will present an opportunity for the firm to maximize its sales rev enue and profitability, it is imperative for the firm’s management team to appreciate the existence of inherent risk. One of the inherent risks that might affect the development of the new snack product entails change in consumer preferences. According to Ogawa and Piller (2006), consumers are characterized by heterogeneous product demands, which lead to micro-segmentation of product categories. Due to change in consumer tastes and preferences, it is difficult for the firm to undertake precise forecast on the sales revenue expected to be generated from the sale of the new product. The ultimate effect is that the commercialization of the new product will be affected adversely. This risk might arise if the firm does not have adequate understanding of the customers’ needs. Therefore, in a bid to minimize such risk, it is imperative for the firm to undertake continuous market research. The firm should use the findings of the market research to adjust its product developmen t plan. Risks of not launching The food industry is undergoing a remarkable transformation, which is arising from macro-environmental factors such as change in consumer behavior. In order to align with the changing market trends, it is imperative for firms to invest in extensive product innovation programs. The programs should focus on improving the firms’ market dominance through new product development. Failure to invest in new product development is a major risk that might affect the firms’ long run existence. The risk arises from the view that the ability of a firm to generate and sustain growth in sales revenue, hence its financial sustainability is hindered. The problem is further exacerbated by the view that the firm’s market dominance might be crowded-out by the competing entities. Therefore, the firm’s financial strength is diminished, which affects its prospected future growth. Conclusion The introduction of a new snack product will substantiall y improve Stew Leonard’s market dominance by attracting new customers. This goal will be attainable due to the unique product features. Product uniqueness will be enhanced through continuous market research, hence entrenching the customers’ tastes and preferences. This approach will remarkably minimize the inherent risk associated with its new product development. Furthermore, successful new product development will foster the firm’s longevity and market dominance in the US food industry. References Business Monitor International: United States food and drink report. (2014). Web. Ogawa, S., Piller, F. (2006). Reducing the risks of new product development. MIT  Sloan Management Review, 47(2), 65-70. Prepared Foods: Snack food consumption to increase. (2014). Web. Symons, G. (2014). Its all about customer experience: CRM systems and loyalty  programs. Web. This essay on New Product Development: Stew Leonard’s was written and submitted by user Marcus U. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.