Key Success Factors Essay Example for Free

Key Success Factors Essay Number of Rivals Wal-Mart’s primary competitors were Kmart and Target. Wal-Mart also competed against category retailers like Best Buy and Circuit City in electronics, Toy â€Å"R† Us in toys, Kohl’s and Goody’s in apparel; and Bed, Bath, and Beyond in household goods. It also competed against warehouse club segment like Costco Wholesale, Sam’s Clubs and BJ’s Wholesale Club. Internationally, Wal-Mart‘s biggest competitor was Carrefour. Scope of RivalryWal-Mart operates nationally, but its principal interests are in the urban centers of United States. Internationally, its interests are mainly in Mexico, Japan, United Kingdom, Brazil, Canada and China. Number of BuyersAs a discounted retailer, Wal-Mart’s customer base is the consumer making individual purchases, and is therefore fragmented and with no appreciable power. Degree of Product DifferentiationThe product is wide product selection and a mix of both name-brand and private-label merchandise, and therefore, a commodity with some minor differentiation available on price, selection and quality. However, Wal-Mart had successfully pursued a low-cost leadership strategy which could provide everyday low prices for their customers Product InnovationWal-Mart provides multiple store formats to attract and satisfy customers’ needs: Wal-Mart discount stores, Supercenters, Neighborhood Markets, and Sam’s Clubs. Wal-Mart should expect it to become a common feature as rivals attempt to copy their success. Supply/Demand ConditionsWal-Mart was the biggest customer of virtually all of its 66,000 suppliers. It allowed it to bargain power with suppliers and get their bottom prices. In 1992 Wal-Mart began establishing standards for its suppliers. Pace of Technological ChangeMore sophisticated means of managing the supply chain, to include EPC/RFID systems mentioned in the case, suggest that new means of reducing costs are presenting opportunities for retailers to obtain an advantage over one another. Vertical IntegrationThe presence of suppliers indicates that the industry is not perfectly integrated. However, Wal-Mart and its competitor each maintain extensive warehousing and transportation assets, suggesting that there is a considerable degree of integration in the industry. Economies of ScaleGiven that the product is a commodity provided by suppliers, economies of scale would be essential in this industry.

Free College Essays - Enlightenment in Narcissus and Goldmund

Enlightenment in Narcissus and Goldmund Hermann Hesse's repeated themes of enlightenment through religion, self acceptance, love, and fate, surface in Narcissus and Goldmund, as Goldmund, a student at Mariabronn cloister, discovers his true calling as an artist and lover. Taking the advice of his diametric, the analytical, dark, and spare Brother Narcissus, a teacher at the cloister who recognizes Goldmund as "a dreamer with the soul of a child," Goldmund acknowledges his suppressed childhood and rediscovers the image of his mother. Leaving the cloister at Narcissus' advice, Goldmund becomes a wanderer of the medieval countryside, seducing the hearts of women, learning the art of sculpting and painting, and recapturing his childhood. Although she is not physically present at any time, Goldmund's mother plays a significant role in his discovery of himself. Through the revival of her memory in his heart, he is able to accept his life as an artist, not a thinker and give in to the temptations of love. "Mother had been a subject he was forbidden to mention-...

Effective Research Essay

Research is a structured and systematic approach of looking for answer to questions and producing intended results. The methods used to research a particular topic should directly relate to the aims described in the topic. One should develop a clear, thoughtful, and organized study plan that tests the vital hypothesis. Describe any work concept, tools, and approaches for the anticipated studies. Discuss the possible limitations and difficulties of the anticipated procedures and alternative advances to achieve the aims. Tim Ireland (2008) adds that a tentative sequence for the project ought to be given. An overview of the conceptual framework and proposed design should be included. Study goals ought to relate to the projected hypothesis. Required statistical techniques, proposed timeline, and work plan should be included. Finally, one should be clear about the methods and investigation design used and should avoid correlative experiments. The ways of assessing and evaluating ones research is by checking for correct spelling, general neatness, parts in a reasonable and correct order with nothing missing, proper citation of borrowed material and the support of any arguments or thesis materials with evidence. One can also use rubric; it allows one to see what excellent, acceptable, good, and poor work looks like. Information from research is included in writing by putting all your gathered information together in a presentable format. One should put all his/her notes together according to the order they will come into view in their project (Albert and Podgy 1984). Another is strategy is the use of paraphrasing where one only uses the most important words, synonyms, and highlights and crosses out words (Ireland, 2008). Paraphrase: A good university should focus on equipping students with critical and analytical skills which form an integral part of what is expected of higher learning (Zein 2008).

The Twelve Caesars What Makes A Good Leader - 1345 Words

The Twelve Caesars: What Makes a Good Leader? Suetonius was born around 68-9 AD, possibly in Hippo Regius (Suetonius xviii). His mentor described him as ‘scholarly and honorable’ and many held him in high regard (xix). Suetonius completed The Twelve Caesars sometime during the 120s during the peak of his career (xxiii). Suetonius conveys his opinion of each emperor indirectly through how he portrays their vices and virtues. According to Suetonius, a Roman leaders good and bad qualities included their military successes, relations with the citizens of Rome, mental stability, and private relationships. Suetonius believed that Augustus embodied many of the characteristics of a good leader. The military campaigns of the Caesars made Rome one of the largest empires of the ancient world. Suetonius conveys through his writings that being a good military leader and a good Caesar were synonymous. Augustus, who Suetonius thought an excellent leader, reunited the eastern and western halves of the Roman Empire ( 51) and greatly expanded Romes territory (53). Augustus â€Å"showed not only skill as a commander, but courage as a soldier† in the eyes of his contemporaries (47). On the other hand, both Caligula and Nero, considered poor leaders by Suetonius, had very limited military success and aspirations. Only once did Caligula initiate a military exploit, and it was rife with his madness. His campaign into Germany was on a whim and all he accomplished was receiving the surrender of aShow MoreRelatedJulius Caesar’S Rise To Fame. Was It True That All Roads1484 Words   |  6 Pagespopulated. There were many great leaders in the Roman Empire, but Julius Caesar was o ne that stood out the most. Caesar installed many progressive changes and military conquests to help Rome thrive. 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