Value Chain Analysis of Michelin Group Essay Example | Topics and Well Written Essays - 750 words

Value Chain Analysis of Michelin Group - Essay Example As per Value Chain Analysis there are specific activities that cumulatively determine the position of the company. These are the primary and secondary activities. Primary activities include inbound logistics, Operations, Outbound logistics, Marketing and sales and Service. The Support activities are Procurement, Human Resource Management, Technology Development and Firm Infrastructure. (Roberts, 134-35) The Value Chain Analysis of Michelin would be based on these criteria. The position of Michelin in the tire industry is very well placed. The main aspect of the success story of Michelin is that they produce quality materials at an affordable price and is wonderfully backed by very efficient team of after sales service. In addition to that Michelin is helped in an extremely positive manner from the field of advertisements. The Michelin Man can be enumerated as a icon in not only the tire industry but the essence has reached beyond that. However, it can be mentioned that the inability to tap the heavy automobile industry in a full extent remains a greater weakness of the company. In this context it should be mentioned that the Annual Report 2006 promises to better this particular sector. In today's world market of tire business Michelin holds a very prominent presence. With the current market being a $100 billion industry the position of Michelin is noteworthy. These two leading figures were followed by Goodyear with 17.2% of the market share. (King, 122) The rest of the market segments were divided among other average sized manufacturers with a cumulative amount 28.8% of the market share. Further more, it was reported that an additional 17% of tire sales was instrumented by local producers. (Lock, 245-46) Thus being a huge player if the world tire industry the effective Value Chain Analysis of Michelin becomes more important. The Value Chain Analysis can be enumerated as below: Inbound logistics of Michelin shows that the raw materials and storage and handling c harges of materials increased by about 12% from 2005 to 2006. On the other hand it was found that the Operations relating to the production of products was almost at par with the last few years (2002-2006) with an increase of 6%. (Annual report: 2002, 201)The same cannot be said for the operations outbound segment and there was an increase of 5% on the valuation of production channeling. However the Marketing and sales indicated that the company showed an additional usage of 9.6% for the means of promotion and advertisements. The services sector under the determination of Value Chain Analysis showed that the total valuation was raised by about 3% reflecting the developing market structure in favor of the company. (Kar, 201-205) The support activities when taken into consideration also show a similar amount of development in terms of net valuation for the company. The procurement factor reflected the variables that enabled Michelin to get the best possible materials for the lowest pr ice and in this context it ca be summarized as a net gain of 15% in relation to 2005.

Academic degree Essay Example for Free

Academic degree Essay The different Definitions of education are misinterpreted in different ways, but there are still ways that you can interpret what you think the definition is on education. Education is to be able to find your own path. To have a high school diploma or to have a college degree, education is to be successful in your life in whatever way that is. Trying to define education is like trying to define why the sky is the color it is or why the grass is green, there is no accurate definition of education to me. Education can mean more than one thing having a college degree but also can mean not having a college degree. Being educated to me means to be successful in your life, just because you do not have a college degree doesn’t mean you will not go far in your life or make a good amount of money. People make it seem as if you don’t have a decent degree you will just work at a fast food restaurant. If someone were to ask me what it meant to be educated I wouldn’t be able to give them an answer. My mother Julie, went to the University Of Arkansas were she had completed law school. After completing law school she got a job at JB Hunt being a contract attorney. My father Carlos, who only has a high school diploma but works for a company called South Western Energy and is a company man for two rigs out in Pennsylvania where he is very successful in what he does. I don’t think you have to have a college diploma to be the most educated person around. Do I think you would make more amount of money in certain professions? Yes. Society makes it out to be that you must be admitted to a college to be educated, but really how educated do you have to be, to be admitted into a college. Back in the day it was a lot harder to get into a college, now-a-days you can score a fourteen through a sixteen and easily get into a college and just have to do remediation classes. Being tested for an ACT, SAT, Standardized test to me doesn’t show how educated you really are. Teachers teach you for the chapter they are covering than they either expect you to continue to remember what they taught you or you forget it. On the standardized test or the ACT or SAT there is information that you were taught in younger grades or that you haven’t been taught yet. So technically it really isn’t showing how educated a person may really be. Life its self-offers you an education. This lesson of education is more a hard learning education. ‘The best way to predict your future is to create It. ’- Abraham Lincoln. You are not taught in school how to balance a check book, how to cook, how to pay taxes, or how to do major things in the real world. Sooner or later you will get to the point that you will graduate for high school, get your GED or even drop out, but there will come a time that you will leave your parents’ house, which then you will have to find your own path in the real world. Unless you were taught by your parents or other adults how to balance a check book, how to cook, how to pay taxes, or how to do things in the real world you won’t be an educated person on how to go about life. In life there will be times that you will come to points in life that will you will see how educated you are, or when there is times that you need to speak up or when you need to go ahead and back off from the situation. People are different and learn in many different ways some faster than others and some who remember everything easily or some who forget stuff by the time class is over. Being knowledgeable in one subject and not in the other is that consider too make someone less knowledgeable or less comprehensive than another person. When going through college to earn a degree depending on what we want to major in we aren’t taught certain subjects. When majoring in anything in the medical field you aren’t taught any type of histories because you don’t need to know it. When you want to become a history major you aren’t taught any sciences because you don’t and won’t need them. If someone was to walk up to someone and try and have a conversation with them about a certain subject or ask them for some type of help on a certain subject but the other person isn’t able to have a conversation back because they aren’t taught that subject or haven’t been taught that subject does that make them any less educated than the person asking for help. There will always be some one that is always smarter or believes to be smarter than you, but really how can you tell how smart someone is. Being successful to me is a huge part of being educated. When knowing people who have a good degree and do not do anything with their degree and make bad choices in their life and not care what anyone thinks isn’t a successful and well educated person. When you are living on the streets and have a good degree you could go and find a job even if it means starting at a fast food restaurant and working your way to the top to get a job for what your degree is. It may take time but no reason to just sit around and waste a well-educated mind as society would say. There may be as many definitions as there are defines, but it is important for people to have a clear understand of education in order to be able to define it to other people on what your beliefs are and what it means to be a well-educated person. Lincoln, Abraham. Education Quotes Edgalaxy. Edgalaxy. Techzoo, 2009-2013. Web. 17 Sept. 2013.

Challenges Facing Goodyear Essay -- Business Management Consumerism Ti

Challenges Facing Goodyear Problem Statement There are several challenges facing Goodyear in the current environment. Our sales have leveled off in the past few years and we need to increase our market share in order to improve these numbers. Our debt is high and our interest payments are eating away at our profiles so we need to get more income to pay down this debt. The more immediate question is if Goodyear should launch its new line of Aquatred tires. The trend has been toward higher mileage tires and the Aquatred tire is not in line with this trend, being more of a higher end tire. Additionally, if we do determine that we are going to launch the Aquatred, do we start the advertising during the Olympics when we don’t have all the tire sizes available? We are also determining if remaining with our current distribution channel is the best approach or if we need to expand the way our tires get to market. If we decide that we are going to expand our distribution channels, we then have to determine which tires, we are going to offer in the new channels. Finally, our market share in the replacement market is lacking not sure this is true, and since consumers feel that buying tires is a necessity we have to find a way to make them excited about purchasing our product. Goodyear used to be considered the Gorilla in tire producers, but with increased competition in recent years, that is not longer the case. Issues: Consumer model and expectations Essentially, consumers fall into 4 basic segments. Â § There are Price-constrained buyers who buy the best brand they can afford. They do not show any loyalty toward any brand and tend to shop around for tires so we would have to get our tired in front of them and be the best priced. Â § There are the Value-oriented buyers that shop around a lot to get the best price, but would generally buy major brands only so we would probably be able to capture this buyer because of our brand name, but we would need competitive pricing. Â § There are the Quality buyers who were loyal to the outlet and the brand of tire. These consumers were generally upscale and are going to be our main target audience and the challenge here would be to get the tire to the outlet that the consumer is comfortable buying at and communicating the difference in our tire verses our competitors. Â § Finall... ... and concern was put forth by the company to try to make tires as safe as possible. This is a positive spin on the company as a whole, which should translate to higher sales for our other tire products. In conclusion, we have a unique opportunity to take advantage of a niche market that is as of yet untapped. We have already purchased advertising time at the Olympics for which we are going introduce our new Aquatred tire, as well as promote Goodyear’s continuing quest for safety and quality. We are going to open up new distribution channels for our lower end tires so as to increase market share in these areas, while ensuring that our independent dealers sales are respected and promoted as much as possible. This is a very exciting time for Goodyear and the Aquatred tire. A little long, but I like your plan of action. Most important attributes for consumers when purchasing a new tire: 1. Tread Life 2. Wet Traction 3. Handling 4. Snow traction 5. Dry traction US market for Passenger Tires Replacement OEM Total Industry 152.0 43 195 Goodyear 22.8 16.3 39.1 Goodyear’s percent 15% 38% 20%

The Effects of Violence in the Media Essay -- essays research papers

The Effects of Violence In the Media â€Å"Someone just got shoot on the streets due to the violence in the media.† That is what some people are saying that violence in the media is the cause of that. The controversy of the effects that violence has on people has been going on for a long time. This paper is going to prove both sides of the controversy and let one decide which side is right. Violence is on the news and on everyday action shows. Theses everyday shows are targeted for the kids of the world who are in the stages which are important for their lives. At this point in their lives the kids can make life changing decisions the violence on TV has some effects on that decision. One might watch a scene from â€Å"Teenage Mutant Ninja Turtles† which may show them betting up a bad guy for trying to hurt someone. â€Å"The consequences of killing, especially by the "good guys," are seldom shown.† It doesn’t show the turtles getting in trouble for hurting someone it shows them as being the good guys. In real life you won’t be going around betting people up with out getting into trouble as well. It’s not like the kids won’t see so act of violence on TV for there is 50-60 times more violent commercial TV for the children then for the adult’s prime-time programs. Do you try to stop that by putting up parental controls on your TV? If you do that you have the protection on your TV but what about the TVs at their friend’s houses? â€Å"The typical American child watches 28 hours of television a week, and by the age of 18 will have seen 16,000 simulated murders and 200,000 acts of violence.† With all of that violence on TV there is a good chance of a child thinking that violence is the answer to all their questions. Yet it isn’t just the TV that brings us the violence there are other factors. â€Å"Girls who watched more than an average amount of violence tended to throw things at their husbands. Boys who grew up watching violent TV shows were more likely to be violent with their wives.† This is true but what if you didn’t watch the violent TV shows but your parents acted that way to each other? Would you turn into a wife better or would you turn into a caring person? This hasn’t been proven so I can’t give you an exact answer. What I do believe is that children look up to their parents ... ...eed to be able to perform your best when you are in reality. One bad thing about thinking you are in the dream world is that you might think that you are in that dream world all the time. â€Å"He was blaming the doctors and nurses for his pain, since on TV getting shot didn't seem to be all that big of a deal.† This is showing that some people can’t realize when they are out of that dream world. If they don’t realize that they are out of the dream world then they might act the same way as they see on TV. They might just go and bet someone up because they were doing something that they didn’t like or they were doing something wrong. â€Å"Children who watched one to three hours of television each day when they were 14 to 16 years old were 60 per cent more likely to be involved in assaults and fights as adults.† This is saying that people might act like the people in the TV shows that they might watch in real life. Take for instance someone just watched â€Å"Fight Club† they might turn around and start fighting each other for sport and think that they can get away with it. If you are doing that in your own home that is ok but when you bring it out onto the streets you could be arrested for it.

Why Does Population Density Varies So Much Within The UK?

Population Density is affected by many factors such as the relief, the climate, the vegetation, the soil, the natural resources and water supply.In the UK, population density varies so much as for example, London has a high population density because it has a great relief which includes flat land which will be easy to build infrastructures but Scotland has a poor relief as it has mountains and hills which means it will be difficult to build infrastructures so therefore, less people will want to vive there since there is a sparse amount of infrastructures like hospitals, roads, shops and schools so traveling to these destinations will be long.Factors like economic and social factors also affect the I-J as the economic factor can provide people transport, industrial areas, offices and ports. London has more Jobs than Scotland as it has more tertiary Jobs than primary Jobs which are paid more so this will populate London more as more people will come to London for Jobs.The social actor will attract more people to populate but Scotland has less health care, houses, entertainment, education and tourist attractions than London so therefore, people will want to go to places that contain these as they don't want to be bored. The vegetation factor populates Scotland as there are large grass areas, trees and fallow land which attracts people who like to live In grassy areas with clean air but London doesn't have a lot of vegetation as It Is more urban than Scotland.

SSD Administration

SSD Administration The Top 5 Questions the Social Security Administration Looks at When Determining if Someone is Disabled When applying for Social Security Disability (SSD) many get overwhelmed by the complexity of the paperwork and the time it takes to wade through it. Millions of Americans apply for disability benefits each year and many get denied the first time around.Most ask the question, â€Å"How does the Social Security Administration decide If I am disabled?†Ã‚  The SSD Administration uses a step-by-step process including these five questions when deciding if someone is disabled:Are you working? If you are working and averaging more than what Social Security deems to be substantial gainful activity (for 2018 this amount is $1,180 per month for non-blind individuals and $1,970 for those who are blind), you usually will not be considered disabled. If you are not working, or your earnings fall below substantial income, then the administration will send your application to the Disability Determination Services office to review your condition(s) under the criteria below.Is your condition â⠂¬Å"severe†? In order for your condition to be considered severe it must interfere with basic work-related activities. If the administration finds that your conditions are severe, then they will move to the next step to evaluate your condition(s).Is your condition found in the list of disabling conditions? The SS Administration keeps an updated list of medical conditions that are considered severe, often qualifying you as disabled. If your condition is not listed or does not qualify under the established criteria, the administration will then decide if your condition is of equal severity to a medical condition listed. If your condition(s) neither meet or medically equal one of the listed impairments, the evaluation continues to the next step.Can you do the work you did previously? The SS administration looks at the work you were doing over the last 15 years, and if your medical condition interferes with your ability to continue doing this type of work.Can you do any other type of work? If you are unable to do your previous work the SS administration will look to see if you are able to adjust to another work type.To learn more about the top 5 questions click here.If you are disabled and unable to work, call  Disability Attorneys of Michigan  for a free confidential consultation. We’ll let you know if we can help you get a monthly check and help you determine if any money or assets you receive could impact your eligibility for disability benefits.Disability Attorneys of Michigan works hard every day helping the disabled of Michigan seek the  disability benefits  they need. If you are unable to work due to a physical, mental or cognitive impairment  call Disability Attorneys of Michigan now for a free consultation at  800-949- 2900.Let Michigan’s leading social security disability law firm help you get the benefits you deserve.  Disability Attorneys of Michigan, Compassionate Excellence.

Hydrogen Powered Cars are Closer Than You Think. essays

Hydrogen Powered Cars are Closer Than You Think. essays Its hyped as a long-term savior of the Earths atmosphere, a technological godsend that will create pollution-free energy for cars and much more. Hydrogen powered fuels are the answer to the Earths biggest pollution problem. Experts insist it has the capabilities to replace fossil fuels altogether, and that calling it cleaner than fossil fuels would not do it justice. Imaging if the only waste bi-product your car or truck produced was pure water. The reaction of combining Hydrogen (H) with Oxygen (O) produces efficient electricity and leaves only water as waste (H20). In theory, the waste can even be converted back to fuel and reused. But between miracle machine and reality stands years of technical problems and immense cost of converting a nation that runs on gasoline, to a nation that runs on Hydrogen. With over five automakers ready to begin making Hydrogen powered cars, issues that keep the mainstream from it must be looked at. I believe that we cannot afford to wait. Hydrogen is hailed for being the cleanest burning fuel. Rather than an exhaust of poisonous gasses, pure water is released. Using it generates no Carbon Dioxide, and no greenhouse gasses. There are even means of preparing the fuel using solar or geothermal energy to completely eliminate pollution from driving your car. The pollution from an oil refinery alone is detrimental to the environment. Being the most abundant element in the universe, as well as reusable is in my opinion, the most logical energy solution yet. How it works is simple. The combination of hydrogen and oxygen results in electricity. This is done when Hydrogen and compressed oxygen are pumped into a fuel stack. Using a catalyst, the combination fuses a reaction in which electricity is produced. The waste product is heat, and water. When compared to gasoline, Hydrogen sports a higher octane rating of over 110, compar ...