Logo Research Evaluation Essay Example

Logo Research Evaluation Essay It has just one shading which makes it simple recognisable.The style of the text style is one of a kind, and the C is wavy, perhaps representing the chocolate being blended. Other than the word Cadbury there are two glasses with milk being emptied out of them into what resembles a bowl of chocolate which is being blended. This mix is effortlessly recollected. It has a green shape out of sight which resembles a couple of glasses, and where they cover at the center its darker green. Over the center of the shape it says Specsavers in an enormous educational textual style, and afterward Opticians in a littler text style underneath. The rest of the pieces of the word Specsavers are underlined. All the composing is in white which makes it stand apart on the hued foundation. This is effectively unmistakable in light of the fact that Specsavers is an opticians and when you see the glasses shape you naturally partner it with Specsavers. This logo has no content, only an image. It is of two pi ctures, they are in 3D and are PC illustrations. The front one is in a turquoise green shading, and the foundation one is in a lighter green. This logo is so effectively unmistakable, even without words, since it is so notable and handily recollected because of its effortlessness. This logo is effectively perceived in light of its interesting style. It is constantly introduced in a striking italic text style, and is frequently appeared as white on a dull foundation shading. For this situation its white laid out in dark which makes the word stick out. It would presumably be a progressively powerful logo on the off chance that it had a picture with it. This logo is straightforward yet compelling. Its a dark hover on a square with a hot pink foundation. Inside the dark circle is a heart with some scissors staying into it, in a basic white diagram. Underneath the heart is the word scarling. in a serious plain, white text style. The white on dark on hot pink is a vital mix of colo

Payment security Essay

A business going on the web can confront numerous diffuculties. These issues incorporate installment security; new markets; blunders in requesting; loss of individual data; unfriendly assaults; staying up with the latest; language issues/issues; equipment disappointment; shortages on help and budgetary issues. Installment Security At the point when a client purchases an item by either obligation or charge card they are be confiding in the business with their own subtleties to be remained careful and confidentioal. Merchants are additionally undependable in light of the fact that they could be a casualty of Card Not Present (CNP) misrepresentation, this is the place somebody is utilizing somebody else’s card subtleties to purchase merchandise on the web. They might not have the card truly on them, yet all they need is only the subtleties of the card to have the option to buy. This can be remained careful by explicit security norms. SSL (Secure Sockets Layer) this scrambles the data in a program eg: Internet Explorer which ensures the customers who can see a latch image and furthermore a ‘https’ on the location bar.SET (Secure Electronic Transfer) additionally ensures the dealer since the Mastercard organization approves the card to demonstrate that the individual utilizing the card is genuin e. The vender doesn't have a clue about the card number, just to the card’s giving bank. New Markets This is the place a site is accessible all over and the organization could be managing purchasers in new markets. Additionally with various social desires, accuring with new guidelines and furthermore legitimate necessities ought to be managed. The business may not comprehend the prevalence of its site, or the quantity of requests it will get or even the expenses of running the online tasks or all the more so the conveying products. In the event that the business doesn’t meet requests immediately it will quickly lose clients and may even be left with unsold stock or even battle to reimburse cash acquired to have the option to fund the site advancement. Mistakes in requesting Request structures online are to be intended to naturally check fot any blunders by addressing sudden passages and boxes left clear. Additionally they ought to be intended to remind the shopper in the event that they forget about any data Loss of individual data An online compay isn't permitted to put private data on its site or uncover client subtleties to different clients or watchers. This is the reason sites incorporate a protection strategy which says how client data is utilized by just the business. All companys that keep and furthermore process hidden data must enroll with the Information Commissioner’s Office and need to follow with the Data Protection Act 1998 which implies that the information must be all exact, secure and ought not be saved for longer than would normally be appropriate. There are manu aways information can be lost like through human mistake, equipment disappointment, or misfortune or burglary and programming debasement just as PC infection. An every day framework back-ups a business to empower the reinstall in its framework inside 24 hours of any issue happening. Antagonistic assaults Business are helpless against programmers or different kinds of cybercrime. Budgetary extortion happens when a client or business is precluded from securing cash that is theirs. Staying up with the latest Businessess need to refresh their site now and again to ensure that the data they have is exact and dependable eg: item depictions and costs. All organizations have a legitimate necessity to give pricise and forward-thinking data. Most sites have a disclaimer provision to ensure the issue if a client makes a move dependent on wrong data. Language issues/issues A few purchasers from worldwide online business may not comprehend. These can be fixed by the organizations utilizing a neighborhood operator who spends significant time in abroad deals or they can have enquiries interpreted by a specialist. Equipment disappointment All individuals who use PCs rely upon their Internet Service Provider. On the off chance that that is lost, at that point it can cause numerous issues for the business particularly if it’s disconnected for long. Numerous organizations have back-up servers that they can switch in the event that one server goes down. Programming issues might be brought about by programming blunders or through an infection. To stop this the, business introduces an enemy of infection programming and system security. Shortages on help Staff might be worried that their employments could be changed or vanish. Most companises have a call place to answer client inquiries. The staff currently may feel that they might not have a lot of individual contact with buyers as they presently can arrange things on the web or email the organization in the event that they need data or they could contact a call community on the off chance that they have an inquiry. Money related Issues Setting up a little site should be possible not costly but rather organizations who like to complete huge measures of organizations on the web or utilize their site as an extreamly significant method of advancing their business can be costly. Additionally, figuring the assessed money related advantages is hard. The set-up costs incorporates enrolling the space name, to have the option to arrang for an ISP to have the webpage (if not being done in-house), paying the organization having pros to structure the site, the advertising and limited time costs (with the goal that potential clients can recognize the site) and is nessary any staff preparing prerequisites. All organizations go online to make more exchange. There might be an issue if there is a huge progression of enthusiasm for the business. This could make the site crash or can make it run gradually and if there isn't a lot of stock or not very many staff to process them, at that point the requests and enquiries may not be managed. Simply by purchasing increasingly stock or in any event, utilizing more staff could bring about an awful income issues. On the off chance that the business gets an awful notoriety on the web, it will lose clients instead of addition any. Assignment 2 (P6, M2) Business benefits The statistical surveying data from online enquires are completely gotten and investigated for a wide range of reasons. The logs and treats gather all the data on location use; eventhough clients can see their programs to close the treats and furthermore numerous destinations don’t use them. Logs, be that as it may, are made by all sites this is on the grounds that they are the records that are made by the web server. Records incorporate the quantity of hits it has made, the quantity of guests it had or even extraordinary clients to a site, and to what extent they have remained on the site. Some ISPs take a gander at their log record information for purchasers while others give a product and the compnay produces its own reports. Enlistment shapes likewise allowe the business to get some answers concerning the who isâ visiting their site, where the peson lives and furthermore what they need. The onnline statistical surveying can go from little spring up polls (which evaluate a user’s online encounter) to create longer client support surveys which is sent by email and afterward once they are finished, they are taken a gander at to give more market data. The site action programming discovers which web indexes get clients onto the site; additionally which pages are famous and furthermore which points of arrival bring about clients going off the site eg: a protracted structure or even enrollment page. Approaching a totally different markets can incorporate having a remote areas, for example, country territories or even Highlands and the Islands of Scotland (in the event that they have Internet get to). Another business sectors could likewise have clients which have incapacities who may have problems(mobility) or clients who are recuperating from medical procedure or who camt go out as they are sick with a cold or influenza. So having the web gives simple and snappier access to a huge scope of data and fine evaluated items from their own homes. Under the Disability Discrimination Act, individuals responsible for sites are to have legitimate obligation to ensure that the administrations they give on the Internet is accessible for impaired individuals. Clients which have travel troubles for example moms with youthful children, the old. Implying that the clients won't have the option to go the shops genuinely with respect to the bother it would cause them so it would be reasonable for them to purchase on the web. It would likewise be snappier and simpler to purchase things on the web and furthermore get data from the Internet. Approaching from a wide scope of gadgets can likewise cause site to be seen from anyplace. Telephones with web accses, PCs and a Wi-Fi hotspot when they are not at home. Client Benefits Having a more extensive decision is an extraordinary advantage for individuals who live in modest community or even rustic territories as they can see data on the web and they can likewise observe what products are accessible in store as they don’t live in places the stores aren’t accessible. Comfort is a monstrous advantage in light of the fact that having the web, it is increasingly simpler to look and to arrange online than to need to make a trip to the shop. Every single online business are likewise useful to the individuals who return home late from their work or the individuals who are essentially excessively occupied in the day to shop. Sites that are accessible every minute of every day helps the individuals who areâ busy as it would be simpler for them to arrange online to make their life less pressure. It likewise benefits occupied families as all they have to so is basically sit with their PC/telephone/PC and simply shop there and afterward. Individuals with inabilities or extraordinary needs can likewise profit by the online organizations as they additionally don’t need to go to the shops for a considerable length of time just to search for one thing as they may get drained, so online organizations make their life simpler. There are a few different ways to pay safely eg: over the web, through log subtleties and PayPal. Errand 3 (D2) Dangers Arrangements Installment security Improving the security of the cardholder †they have entered the right pin number, additionally asking them what their keep going installment on the card was to ensure it is the genuine cardholder before any affirmations Unfamiliar markets Having a choice where your site is accessible in a wide range of dialects . Additionally having the money of various nations. Blunders in requesting Having

Mary Prince Biography Free Essays

Subsequent to perusing Mary Prince collection of memoirs a West Indian slave, I was motivated by her story that I knew for it would be extraordinary for my last task paper.My theory is despite the fact that, Mary Prince life improved when she moved to England †she brought in cash, got her book distributed, got better treatment from a business not a slave proprietor †She never accomplished her objective to be a free individual according to the law after she left her slave proprietor Mr. Wood, she didn’t picked up her opportunity and kick the bucket a slave. We will compose a custom exposition test on Mary Prince Biography or then again any comparative subject just for you Request Now Mary Prince was conceived in Brackish Pond, Bermuda in 1788, her mom was subjugated in the family unit of Mr. Charles Myners and father was a sawyer. She was purchased alongside her mom by old chief Darrel and given to his grandkid, little Betsey. After the demise of her lord she was sold a few bosses who abused her to the point that she had enough and chosen to leave her slave proprietor Mr. Wood to look for help to pick up her opportunity in London with the Anti-Slavery society. Sovereign had before looked for the assistance of the Anti-Slavery Society, who had gotten a lawyer’s conclusion that, while she was free in Britain, this would not influence her lawful status as a slave if she somehow managed to come back to Antigua. While she wished to be brought together with her significant other, she was normally hesitant to hazard an arrival to subjugation, especially as she had plentiful motivation to fear the malevolence and hostility of the Woods. Rehashed endeavors were made by Pringle and the Anti†Slavery Society to convince John Wood to consent to sell Prince her opportunity, however he endured in his refusals. In 1829 Pringle additionally composed the accommodation of a request from Prince to the British Parliament trying to have her announced free. The most effective method to refer to Mary Prince Biography, Essay models

Anne Bradstreet Wife, Mother and Poet - Literature Essay Samples

In her anthology The Tenth Muse Lately Sprung Up In America (1650), Anne Bradstreet focuses on her most dominant concerns, the family and the woman’s roles as wife and mother. Based on Biblical authority, wifehood and motherhood are not only roles but also sacred, spiritual values which are deeply embedded in society. As a Puritan woman, Bradstreet upholds these family values. Owing to belief in the sanctity of marriage, she manifests unwavering devotion to her husband and, in her poems, makes many marital and wifely references. As a mother, her dedication and love for her offspring are unmistakable as she infuses imagery of the mother in her poems. Anne Bradstreet’s poetry reveals the treasured values of wifehood and motherhood as she abides by the standards and principles concerning family typical of the Puritan woman. Bradstreet’s poems express the most sacred and inviolable oneness in the conjugal relationship. These tenets, which are biblically supported, are reflected in Bradstreet’s poems, â€Å"Before the Birth of One of Her Children,† â€Å"To My Dear and Loving Husband,† and â€Å"A Letter to Her Husband†. According to author Amanda Porterfield, â€Å"Puritan ministers [†¦] invested relationships between husbands and wives with religious meaning. Through this religious interpretation of the relationship between husbands and wives, Puritans established marriages as the basic unit of social order† (4). The Bible, the scriptural authority of Puritans, affirms that â€Å"man shall cleave unto his wife and they shall be one flesh† (The King James Version Bible, Gen. 2:24). Emphasizing the unity and bond of the married couple, Christ says that â€Å"they twain shall be one flesh: so than they are no more twain, but one flesh† (Mark 10:8 ). Furthermore, in tandem with the theme of marital unity, the Apostle Paul states that husband and wife â€Å"shall be one flesh† (Eph. 5:31). Likewise, Bradstreet, in her poems, underlines the oneness and loving bond between her and her husband. In the poem, â€Å"Before the Birth of One of Her Children,† Bradstreet refers to â€Å"that knot [†¦] that made us one†(L. 11) The inextricable bond that unifies man and woman in the conjugal relationship draws them together in such a way that both parties are fused as one not only in body but also in mind and spirit. Bradstreet celebrates this union between her and her husband in â€Å"To My Dear and Loving Husband†, as she writes, â€Å"for if ever two were one, then we† (L.1). â€Å"A Letter to Her Husband† reechoes marital oneness for even though husband and wife are geographically distanced from one another, they are still â€Å"both but one† (L. 26). Bradstreet indicates here no t only a spiritual unity but also a carnal one. Bradstreet draws from the paragon of conjugal oneness, Adam and Eve, to celebrate the passionate union between her and her husband. In the Garden of Eden, as Adam is introduced to his wife Eve, he proclaims her as the â€Å"flesh of [his] flesh and bone of [his] bones† (Gen. 2:23). Likewise, Bradstreet exults in the marital union and calls herself â€Å"flesh of [his] flesh and bone of [his] bones† (L. 25). The ideal union between man and wife is consummated in the act of sexual intercourse and lasts in a faithful, monogamous marriage. The incorporation of Biblical doctrines on marriage into her works consolidates principles of pure love, oneness, and chastity. A natural act of marriage is procreation, hence, Bradstreet goes on to celebrate motherhood. Bradstreet’s poetry is pregnant with images of the mother which include conception, child-bearing, and child-rearing. According to the article, Negotiating Theology and Gynecology, â€Å"The potency of motherhood as a metaphor becomes apparent in Bradstreet’s own writing [†¦] in the discussion of Bradstreet as a woman poet, the mother metaphor has special force since it blends the occupations of mother and poet† (Lutes 310). She loves her children, and affectionately calls them her â€Å"little babes† (Before the Birth), â€Å"true living pictures of their father’s face† (A Letter L.X), â€Å"fruits [†¦] which (she) bore† (A Letter ), and â€Å"fair flowers† (In Memory of My Dear Grandchild). It must be noted that during her lifetime Bradstreet bore eight children. For the most part, she rejoices in her children, however, with the joys of motherhood come its attendant sorrows. Unfortunately, in her life and poetry, there is an undercurrent of tragedy since mortality is high among expectant mothers during pregnancy and childbirth. Death among pregnant mothers is so common that Bradstreet, when she is with child, makes preparations to die by writing a farewell poem to her husband titled, â€Å"Before the Birth of One of Her Children.† Another catastrophe of motherhood is the bitter experience of a child’s death. During Bradstreet’s time, infant mortality is also common and from this harsh reality, she is not exempt. Evidence of this tragic circumstance is the dedication of two poems to her deceased children and grandchildren: â€Å"In Memory of My Dear Grandchild Elizabeth Bradstreet, Who Deceased Aug 1665, Being a Year and a Half Old,† and â€Å"On My Dear Grandchild Simon Bradstreet, Who Died on 16 November, 1669, being but a Month, and One Day Old.† These endearing titles convey Bradstreet’s sentiments of maternal love for her children and grandchildren and add force to the threats in motherhood. Despite these adversities in motherhood, the image of the mother figure continues to recur in her poems. Bradstreet infuses her poetry with maternal imagery and references. In â€Å"The Prologue To Her Book,† Bradstreet alludes to Calliope, the most prominent of the nine Greek Muses of Poetry. According to myth, Calliope was a wife and mother just like Bradstreet. This allusion is certainly apt because Bradstreet herself, as a wife and mother, is endowed with the poetic gift for â€Å"poesy made Calliope’s own child† (L.33). Hence Bradstreet creates imagery of a pregnant muse Calliope, giving birth to poems and reinforcing the motherhood theme. In â€Å"The Author to Her Book,† Bradstreet likens her criticized and misprinted poems to a bastard, orphan â€Å"ill-form’d offspring† (L.1). The conception and publication of her poems are compared to a â€Å"birth† (L. 2) and give solid images of motherhood, childbirth and nurture. As the mother anxiously and painstakingly fixes her dirty, unkempt child, so does Bradstreet attempt to amend her misprinted poems. She washes the face, rubs out the spots, dresses, and stretches the joints of the uneven feet (L. 10-20). Here, the child’s feet refers to the iambic pentameter foot of the poem. Hence one can clearly see the references and images of motherhood in Bradstreet’s poems. In Bradstreet’s society, the ideals of wife and mother are embedded in the Biblical paragon of wifehood and motherhood as defined in Prov. 31: 10 – 29: Who can find a virtuous woman? for her price is far above rubies. The heart of her husband doth safely trust in her[†¦]She will do him good and not evil all the days of her life[†¦]she worketh willingly with her hands[†¦]she looketh well to the ways of her household, and eateth not the bread of idleness. Her children rise up and call her blessed; her husband also, and he praiseth her. This passage gives details about the quintessential virtuous woman and effectively sums up the stellar qualities of a virtuous Christian woman in the private sphere. She industriously sees after the home’s needs, maintaining her honour and integrity as a wife, mother, and consummate homemaker. Undoubtedly in Bradstreet’s society, these are the traits which characterize the upright woman. Before Bradstreetâ€℠¢s collection of poems can even be officially published, recognized and respected, the beginning lines affirm that by way of recommendation, Bradstreet, as a poet, does not neglect her domestic duties. The preface, which closely mirrors the Biblical female quintessence, states that, It is the Work of a Woman, honoured, and esteemed where she lives, for her gracious demeanor, her eminent parts, her pious conversation, her courteous disposition, her exact diligence in her place, and discreet managing of her family occasions† (Reid 1998). In sum, Bradstreet – a true Calliope – proved a wise muse who cares for and loves her family remaining true to her duties as wife and mother, yet excelling in poetry and literature. Wifely allusions and maternal imagery reinforce the importance of being a wife and mother – as she sublimates her own experience into her poetry. In her society, there are the expected roles that every woman has to fulfill such as taking care of her husband and children. Her poetic works mainly relate motherhood and wifehood in the Puritan context. In Bradstreet’s world, the woman is confined to the private/domestic sphere. The marital and maternal imageries are utilized to highlight the close relationship between the author and her work and to impress the reader with the gravity with which she treats her role as spouse and mother. Works Cited: Lauter, Paul. The Heath Anthology of American Literature. Houghton. Mifflin Company Boston Press, New York. 2004. 996-98. Lutes, Jean Marie. Negotiating Theology and Gynecology: Anne Bradstreet’s Representations of the Female Body. Signs, Vol. 22, No. 2, Winter 1997. 309- 40. Porterfield, Amanda. Female Piety in Puritan New England: The Emergence of Religious Humanism. 1992. 4-6. Reid, Bethany. Unfit for Light: Anne Bradstreet’s Monstrous Birth. The New England Quarterly, Vol. 71, No. 4. Dec. 1998. 517 – 42.

Majestic Wine PLC - Report on Business Performance - Free Essay Example

Sample details Pages: 10 Words: 3105 Downloads: 6 Date added: 2017/06/26 Category Business Essay Level High school Did you like this example? Majestic Wine PLC, Report on Business Performance Executive Summary Majestic Wine Plc. opened its original wine warehouse in 1980. This Wood Green, North London warehouse merged in 1991 with Wizard Wine, which, at that time belonged to Iceland, the frozen food group, (Sunday Times, 2010, p1). Don’t waste time! Our writers will create an original "Majestic Wine PLC Report on Business Performance" essay for you Create order Majestic Wine was listed on the Alternative Investment Market in 1996. It acquired Lay Wheeler In 2009, a specialist in Burgundy and Bordeaux products (Sunday Times, 2010, p1). The retailing of wines, beers and spirits is its principal business activity (Majestic Group, 2009, p1). This business report analyses the group performance for two financial years, to 29th. March, 2010. It recommends, on the basis of appropriate performance ratios, (detailed in Appendices 1 à ¢Ã¢â€š ¬Ã¢â‚¬Å" 4), that shareholders should buy more shares. Shareholders should augment their investment significantly if the group management shows an aggressive and focused plan for achievement of its objective of retailing from 250 stores, along with the deployment of a more aggressive capital gearing ratio and sharper operations management. 1. Introduction Majestic has grown more than 12 fold from 1985, when it had only 12 shops, to 152 shops in 2010. It aims to expand its shop strength to 250 during the coming decade (Sunday Times, 2010, p1). Its sales are at a 10 year high, a result of the discarding of its policy of retailing only 12-bottle cases. Off-licences, (establishments selling alcohol for consumption off the premises), could in the 1980s operate only for a few hours every day, and even fewer over weekends. Warehouses circumvented this rule by posturing as wholesalers, thus compelling their customers to buy bulk 12-bottle cases (Goodway, 2010, p1). Steven Lewis, the feisty CEO of Majestic, tested and subsequently rolled out, from November 2009, a model allowing customers to buy lots of 6 bottles at a time (Goodway, 2010, p1). The policy was instrumental in increasing the number of customers by 54000 to 472000 in the course of a year (LSE, 2010, p1). The objective of this Business Report is to recommend to the sha reholders of Majestic Wine PLC on augmentation or reduction of their investment in the company. 2. Analysis 2.1. Group Operations The detailed computations in respect of the following ratios, relating to profitability, short-term liquidity and working capital, and long-term solvency are detailed in Appendix 1 3. Profitability Ratios Appendix 1: (LSE, 2010) Year 2010 2009 (1) Gross Profit Ratio 21.3% 20.6% (2) Net Profit Ratio 4.8% 1.6% (3) Return on Investment (ROI) 21.0% 6.9% Short Term Liquidity Working Capital Ratios Appendix 2: (LSE, 2010) Year 2010 2009 (1) Liquidity of Receivables Days 18 21 (2) Liquidity of Payables Days 99 113 (3) Current Ratio 0.99 0.94 (4) Acid-Test/Quick Ratio 0.30 0.27 (5) Cash Ratio 0.090 0.061 Long Term Solvency Ratios Appendix 3: (LSE, 2010). Year 2010 2009 (1) Debt Equity Ratio 0.15 0.18 (2) Capital Gearing Ratio 0.13 0.15 (3) Interest Cover Ratio 35.6 34.6 The profitability ratios of the company reflect a marked improvement in terms of revenues, cost of sales and ROI. Most organisations opt to keep their debt low and cut their debt at the earliest (Jablonsky Barsky, 2001). Whilst such inclinations arise from the need to be conventional and secure in business, excessive eagerness to diminish debt frequently leads to poor utilisation of obtainable debt, higher costs and uneconomical capital gearing (Jablonsky Barsky, 2001, p 7-15). The long-term debts ratios reflect under capitalisation. The low gearing ratio reflects risk adverse tendencies, which can lead to slow growth in future. The practically unchanged working capital ratios reflect the maintenance of sub-optimal liquidity levels. The weak acid-test ratio can lead to a difficult situation if the need for liquidity arises on account of contingencies that need to be swiftly addressed. 2.2. Group Performance The group turnover for the 52 week period ending 29th March, 2010 at  £33.2m was up 15.6 percent, with the profit before tax at  £16.0m rocketing by an incredible 117 percent (LSE, 2010, p1). Appendix 4 summarises the group performance, as reported in the Preliminary Results for 2010. The Group has experienced strong cash generation during 2010, with operational cash-flows of  £21.2m during the year. This figure is  £5.7m more than the  £15.5m generated during the previous year, and has essentially come about from the improvement in the underlying profit before tax during 2010. The Distribution and Administrative Costs have increased by 15.6 percent during 2009-10 as compared to the previous year. The EBIT (Earnings before finance costs and taxation) rose by 118.3 percent during the same period. The Profit before Taxation (PBT) grew sharply from  £7.4m to  £16.0m during 2009-10 year, registering an increase of 117 percent. The sales to private customers, which make up the mainstay of the business, have shored up well, even though sales to corporate customers has been unsatisfactory. The companys French operations have been hurt by a stronger Euro (Majestic Group, 2009, p1). This contributed to an exceptional non-cash charge of  £5.33m in 2009, which arose from the writing-down of the carrying value of the companys French retailing operations, Wine and Beer World (Majestic Group, 2009, p1). The companys purchase policy of reducing the minimum purchase of 12 bottles to 6 has led to excellent results, even as it needs to be recognised that it may be difficult to replicate this years soaring profits next year, because of the challenges involved in manoeuvring even more supermarket customers through its shop entrances (ODoherty Kuchler, 2010, p1). Majestic is nevertheless working towards seizing mid-market space with a number of value-adding schemes like developing sales to gastro pub s, increasing its wine-tasting programmes, and growing its fine wines business (ODoherty Kuchler, 2010, p1). Majestics market share at 3.4% leaves abundant room for growth (ODoherty Kuchler, 2010, p1). Its share is trading at approximately 14 times its forecast earnings for 2011, higher than the average of its peer retailers, which are trading at an average of 12 to 13 times. Majestic, ODoherty Kuchler, (2010, p1) feel merits the premium and some more. The companys results are remarkable, considering that the underlying profit growth of 26 percent in 2010 has been achieved after accounting for the reduction of  £5.3m in the carrying value of the French operations (Hemming, 2010, p1). The business is well positioned to capitalise on its core strengths as the economic environment starts improving (Majestic Group, 2009, p1). The companys acquisition of Lay and Wheelers fine wine business in 2009 has contributed  £12.4m to 2010 sales (LSE, 2010, p1). It is to the credit of the group that the total dividend for the year has been raised by 5.1 percent, to 10.3p per share, against last years 9.8p, despite continuing market pressures (LSE, 2010, p1). The underlying basic earnings per share (EPS) for 2010 at 18.4p were 31.4% higher than the 2009s 14.0p. The underlying diluted EPS for the same period at 18.3p rose 30.7% against the previous years figure of 14.0p. The basic EPS for 2010 at 18.4p was 247.2% more than the 2009s 5.3p. The diluted EPS for 2010 at 18.3p was 245.3% more than the 5.3p achieved in 2009 (LSE, 2010, p1). The average transaction expenditure at  £129 for 2010 is 4 percent lower than 2009, despite a growth of 14.6 percent to 1.7m in transaction numbers (LSE, 2010, p1). The UK like-for-like sales for the 10 week period from 30th.March, 2010 to 7th.June, 2010 rose 7.3 percent (LSE, 2010, p1). The company is expected to improve its sales in future. The retailers professional credentials and good service levels have produced considerable loyalty amongst its patrons, which will be of assistance in the present economic climate. Majestic will also probably not be impacted by the recommended changes to alcohol pricing as its focus is more on the superiority of its offering than on its price (TradingMarkets.com, 2010, p1). It is recommended that shareholders should steadily increase their investments. Larger positions should be taken if the group management shows persistent and aggressive efforts to achieve its growth target of 250 sites within a decade and change its conservative capital gearing. The company however needs to address its short term liquidity in order to be ready for short-term contingencies. 2.3. Mission Statement An exhaustive search of corporate information on the company reveals that Majestic does not have a well-defined official mission statement. The company nevertheless aims to continually increase its retail outlets and open more than 250 in the coming 10 years. The company also strives to provide high quality wine and excellent service to its customers. The achievement of these objectives can be considered to be its mission. The companys strategy focuses on increasing retail outlets and providing excellent value across product and price ranges and extraordinary customer service (Majestic Group, 2009, p1). The companys commitment to its mission is demonstrated by the steady increase in the number of retail outlets over the years and the numerous quality and performance awards it has won in a competitive scenario. The company has increased the number of outlets from 12 to 150 in the last 15 years. It was awarded the High Street Chain of the Year, in 2008, by the International W ine Challenge Awards. The Group was also awarded The Specialist Wine Chain of the Year by Decanter magazine in 2008 (Majestic Group, 2010, p1). The companys strength in customer services emanates from its policy of recruiting and retaining high quality graduate level staff, its continual investment in comprehensive training programmes, (widely accredited as best in the wine industry), and its focus on customer service, product knowledge and management (Majestic Group, 2010, p1). Majestic augments its specialist credentials by focusing on staff training. New staff members are encouraged to obtain the Wine and Spirits Education Trusts (WSET) Advanced Certificate in six months. Several employees train further. Approximately 150 staff members presently have, or are qualifying for the WSET Diploma, even as 7 of Majestics personnel received Excellence Awards from WSET in January 2010 (TradingMarkets.com, 2010, p1). Majestic distinguishes itself from its competitors is by cul tivating strong customer relationships (TradingMarkets.com, 2010, p1). The company hosts numerous events, like wine tastings, and courses to enhance customer knowledge of wine (TradingMarkets.com, 2010, p1). Such approaches, combined with high service levels, have facilitated the retailer in trading its clientele up the value chain (TradingMarkets.com, 2010, p1). Majestic aims to enhance its fine wine credentials by putting up fine wine display sections in all its stores in the next two years. Approximately around 50 percent of its present stores have such sections (TradingMarkets.com, 2010, p1). 2.4. Environmental Policies Official communication by Majestic is noticeably silent on its environmental policies. Study of information available on the companys marketing strategy however reveals that the company is actively committed to a sustainable environmental policy of following green policies in its marketing operations (PRLog, 2010, p1). The company stocks a carefully grown assortment of red and white organic wines. Such wines are created from organically produced grapes, developed to ensure taste and value for money, and are suitable for vegans and vegetarians (PRLog, 2010, p1). Majestics online marketing manager, Jamie McRonald explains that organic wine production is difficult and expensive since grapes are vulnerable to weather and animals. Such constraints make farmers disinclined to organic grape production (PRLog, 2010, p1). Organic wine is the ultimate part of the organic riddle, with fungicide and pesticide-free grapes maturing slowly on sun-soaked vineyards sans chemical safety, intervention or stimulation (PRLog, 2010). Whilst organic wines are by and large rarely stocked by the bulk of wine retailers because of their higher costs, Majestic actively stocks and sells organic wines. Such support will encourage farmers to take up organic farming and grow grapes without the use of environmentally damaging chemical fertilisers and pesticides. The company locates its stores off High Streets. Whilst this decision stems from its policy of keeping rentals low, it helps in reducing petrol expensive traffic jams in busy shopping areas. Majestic should however aggressively adopt and publicise environment friendly policies because of its influential position in the supply chain. A relevant area of focus could be the collection, reprocessing and disposal of recyclable waste material. 2.5. Competitor Analysis: Strengths and Weaknesses The retail wine market in the UK is intensely competitive; it is highly fragmented and basically serviced by supermarkets and off-license retailers (Management Today, 2007, p1). Majestic thus faces competition from other off-license retailers and supermarkets. Supermarkets have over the years continuously increased their share of the wine market (Management Today, 2007, p1). Led by Tescos and ASDA-Walmart, supermarkets are increasing their sales of wines at the cost of off-license establishments, whose numbers fell from 5430 to 4400 between 2004 and 2009 (Management Today, 2007, p1). The recent winding up of the off-licence chain First Quench, a direct outcome of intense competition from supermarkets, led to the loss of 6000 jobs (Management Today, 2007, p1). Whilst Majestic competes with supermarkets and off-licence chains and shops, its major competition obviously arises from supermarkets like Tesco, ASDA, Sainsburys and Waitrose (How, 2006, p1). This competitive analysi s of strengths and weaknesses treats supermarkets as one generic form of competition, even though there could be differences in the strategies, capabilities and weaknesses of individual supermarket chains (How, 2006, p1). The national supermarket chains provide formidable competition to majestic wines. Their physical spread is immense and they are present in all High Streets, as well as in smaller towns and in rural settlements (Management Today, 2007, p1). They stock a huge variety of foods and household items as well as wines and attract far more footfalls than specialised wine retailers like Majestic. Such larger numbers of footfalls translate into greater sales because people tend to club food and wine purchases (Management Today, 2007, p1). Supermarkets are also by and large better located and many of them have substantial parking facilities, which help in attracting customers. Supermarkets also have the advantage of lower overheads, very substantial buying and stockin g capacity, and bargaining power over suppliers. This enables them to offer better prices and work with lower margins (Management Today, 2007, p1). Whilst supermarkets have much strength, it needs to be recognised that wines are only one of their many products and management attention towards selling of wines in supermarkets is far more diluted than in Majestic, a company which literally breathes and lives wine. The difference in attention and commitment thus leads to comparatively lesser market aggression and customer service. Supermarket employees are certainly less conversant with wines than those of Majestic. It is also possible that the smaller supermarket outlets may not have all customer wine preferences. Majestic is dedicated to the retailing of wines. The companys strength arises from its very substantial management and staff capabilities in the sourcing, stocking and retailing of wines (TradingMarkets.com, 2010, p1). The companys employees are extensively trained in different aspects of wine retailing, and it strives to stock an extensive range of wines, including those made from organically grown grapes (PRLog, 2010, p1). The company however suffers, in comparison to supermarkets, from fewer and unfavourably placed outlets, higher overheads, and lesser footfalls (ODoherty Kuchler, 2010, p1). The company counters this by locating its outlets off High Streets and uses its financial strength to buy wisely and extensively (ODoherty Kuchler, 2010, p1). It delivers at home and engages in numerous customer friendly activities to build customer loyalty (ODoherty Kuchler, 2010, p1). References Comiskey, E. E., Mulford, C. W., 2000. Guide to financial reporting and analysis, New York: John Wiley Sons. Davey, J., 2009, Majestic Wine first-half profit up 9 pct, news.stv.tv, Available at: news.stv.tv//137498-majestic-wine-firsthalf-profit-up-9-pct/ United Kingdom (accessed July 03, 2010). Goodway, N., 2010. Majestic Wines simple strategy tramples on supermarkets, London Evening Standard, Available at: https://www.thisislondon.co.uk/markets/article-23846082-majestic-wines-simple-strategy-tramples-on-supermarkets.do (accessed July 01, 2010). Greenwise, 2010. Lightweight bottle helps wine industry cut CO2 and waste, Greenwise Staff, Available at: https://www.greenwisebusiness.co.uk/news/lightweight-bottle-helps-wine-industry-cut-co2-and-waste-1453.aspx (accessed July 01, 2010). Hall, J., 2010. Tax rises drive wine makers out of UK, Telegraph.Co.uk, Available at: https://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/7488682/Tax-rises-drive-wine-makers -out-of-UK.html (accessed July 01, 2010). Hemming, R., 2010. Majestic Wine profits skyrocket, JancisRobinson.com, Available at: https://www.jancisrobinson.com/articles/a201006143.html (accessed July 01, 2010). Hoovers.com, 2010. Company Description Majestic Wine PLC, Hoovers Inc, Available at: https://www.hoovers.com/company/Majestic_Wine_PLC/rtftxci-1.html (accessed July 01, 2010). How, T., 2006, Majestic Wines: Tim How, www.growingbusiness.co.uk, Available at: www.growingbusiness.co.uk à ¢Ã¢â€š ¬Ã‚ º à ¢Ã¢â€š ¬Ã‚ º Success Stories (accessed July 03, 2010). Jablonsky, S. F., Barsky, N. P., 2001, The Managers Guide to Financial Statement Analysis (2nd ed.). New York: John Wiley Sons. LSE, 2010. Preliminary Results, Regulatory Story, RNS London Stock Exchange plc, Available at : https://www.londonstockexchange.com/exchange/prices-and-news/news/market-news/market-news-detail.html?announcementId=10530622 (accessed July 01, 2010). Majestic Group, 2009. Annual Report and Acco unts 2009, Majestic Wine PLC, Available at: https://maj-cms.snowvalley.com/upload/pdfs/Investors/results2009.pdf (accessed July 01, 2010). Management Today, 2007, The death of the off-licence, Available at: www.managementtoday.co.uk/news/978758/the-death-off-licence/(accessed July 03, 2010). ODoherty, J. Kuchler, H., 2010. Majestic Wine benefits from new approach, The Financial Times Ltd. FT.com, Available at: https://www.ft.com/cms/s/0/ca12d6a8-777d-11df-802a-00144feabdc0.html (accessed July 01, 2010). PRLog, 2010. Have You Tasted Our Simply Sublime Organic Wines? PRLog.com, Available at: https://www.prlog.org/10513815-have-you-tasted-our-simply-sublime-organic-wines.html (accessed July 02, 2010). Robinson, J., 2010. When a bottle is better than a case, The Financial Times, June 12, 2010, Available at: https://www.ft.com/cms/s/2/925f00f0-74e0-11df-aed7-00144feabdc0.html (accessed July 01, 2010). Robinson, J., 2007, Britains independent wine merchants mushroom, Avail able at: www.jancisrobinson.com à ¢Ã¢â€š ¬Ã‚ º Free for all (accessed July 03, 2010). Siciliano, G., 2003. Finance for the non-financial manager, New York: McGraw-Hill. Starups, 2010, Off-licence, Available at: www.startups.co.uk à ¢Ã¢â€š ¬Ã‚ º à ¢Ã¢â€š ¬Ã‚ º Business buyer guides(accessed July 03, 2010). The Sunday Times, 2010. Briefing: Majestic Wine, The Sunday Times, Times Newspapers Ltd., June 13, 2010, Available at: business.timesonline.co.uk/tol/business/industry/article7148907.ece (accessed July 01, 2010). TradingMarkets.com, 2010. Majestic Wine results reveal vintage year, TradingMarkets.com, Available at : https://www.tradingmarkets.com/news/stock-alert/mjwnf_majestic-wine-results-reveal-vintage-year-982636.html (accessed July 01, 2010). Wilson, A., 2010. Majestic Wine sales havent lost their fizz, Telegraph.co.uk, Available at: https://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/7734138/Majestic-Wine-sales-havent-lost-their-fizz.html (ac cessed July 01, 2010). Appendices Appendix 1: Profitability Ratios (LSE, 2010) Year 2010 2009 Sales  £000 233220 201794 Cost of Sales  £000 183528 160148 Gross Profit Margin  £000 49,692 41,646 (1) Gross Profit Ratio Gross Profit Margin/Sales 21.3% 20.6% Profit after Taxation  £000 11280 3,262 (2) Net Profit Ratio Net Profit /Sales 4.8% 1.6% Net Worth  £000 53,648 47,616 (3) Return on Investment (ROI) Profit after Tax/Net Worth 21.0% 6.9% Appendix 2: Short Term Liquidity Working Capital Ratios (LSE, 2010) Year 2010 2009 Current Assets Inventories  £000 38511 37752 Trade Other Receivables  £000 11594 11531 Financial Instruments at Fair Value  £000 233 834 Cash and Cash Equivalents  £000 4774 2572 55,112 52,689 Current Liabilities Trade Other Payables  £000 49778 49724 Bank Overdraft  £000 2453 3950 Current Tax Liabilities  £000 2461 1515 Other Current Liabilities  £000 1079 899 55,771 56,088 (1) Liquidity of Receivables Days Accounts Receivables * 18 21 Days in year / Annual Sales (2) Liquidity of Payables Days Accounts Payables * 99 113 Days in year / Cost of Sales (3) Current Ratio Current Assets/Current Liabilities 0.99 0.94 (4) Acid-Test/Quick Ratio Current Assets less Inventories / Current Liabilities 0.30 0.27 (5) Cash Ratio Cash + Marketable Securities / Current Liabilities 0.090 0.061 Appendix 3: Long Term Solvency Ratios (LSE, 2010) Year 2010 2009 Long Term Debt  £000 7810 8495 Shareholders Funds  £000 53648 47616 LT Debt + Shareholders Funds  £000 61,458 56,111 (1) Debt Equity Ratio Total Debt / Shareholders Funds 0.15 0.18 (2) Capital Gearing Ratio L.T. Borrowing / (L.T. Borrowing + Shareholders Funds 0.13 0.15 Earnings Before Interest Tax (EBIT)  £000 16466 7542 Interest Costs  £000 462 218 (3) Interest Cover Ratio EBIT / Interest Costs 35.6 34.6 Appendix 4: Company Operational Performance (LSE, 2010) Year 2009 2010 Variance  £000  £000  £000 Sales 201794 233220 15.6% Cost of Sales -160148 -183528 14.6% Gross Profit 41,646 49,692 19.3% Distribution and Administrative Costs -29404 -34003 15.6% Goodwill Impairment Charge -5331 -100.0% Other Operating Incomes 631 777 23.1% Operating Profit 7,542 16,466 118.3% Profit on Disposal of Property Profit before finance costs and taxation (EBIT) 7,542 16,466 118.3% Finance Revenue 55 7 -87.3% Finance Costs -218 -462 111.9% Profit before taxation (PBT) 7,379 16,011 117.0% Income Tax -4117 -4731 14.9% Profit after Taxation (PAT) 3,262 11,280 245.8%

Multiple Intelligences Self Assessment Quiz - 844 Words

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(Pe) Physical Education (Essay, Sac) Training Diary free essay sample

I designed a training program that i carried out over a 6 week period which aimed at strengthening my upper body and core. I exercised for 60 minutes each day and after ever workout i collected the data and recorded it in a diary which described the exact exercise, number of sets, reps and duration. Before the training program i did a series of post tests which involved a 7 stage ab tests, 1RM bench press and a 1 minute push up test. For the ab test i got to stage 5 which meant i could do 1 sit up and touch my elbows to my knees, with the bench press i could lift a max of 92. kg and with push ups i could do 40 in a minute. After i had finished my program i once again conducted a series of post tests to see how much i had improved. With my ab test i got to stage 6 which meant I could do the same but with a 2. 5kg weight held behind my head, with the bench press i got to 100kgs which is an increase of 7. 5kg and my push up test i got to 47 in a minute. I found that my greatest weekness came from my natural weight tests, with my push ups and sit ups. I belive these were more difficult due to my large weight as i weighted in at 105kg. But after i had finished my program i had put on 3kg due to an increase of muscle mass and a loss of fat. The reason i choose these tests was because they were specific to the exercises i was about to undertake for example with a push up it focuses on the core and all upper body muscles. Before each work out i did a series of proprioceptive neuromuscular facioitation stretches which i held for 6 seconds each stretch and after each workout i did a series of static stretches to help prevent the risk of injury. When i started doing my exercises the energy systems that i used changed between the anaerobic and aerobic energy systems. As i did exercises that invloved 10 reps, fast twitch fibres and a duration of less than 15 seconds i worked anaerobically but when i did my core intival training my body used interplay. As i started out my body was working anaerobically but as my heart rate rose to over 80% max heart rate and the workout went for longer than 2 minutes my body started working aerobically and used slow twitch fibre as well as when my exercise intensified to around 85% max HR the onset of hydrogen ions accumalated in certain muscles due to the inabillity to continue my workout and muscle pump in the active areas. After a couple of weeks of training aerobicaly my muscles got trained to be able to pospone the high accumalation of h+. The reason i choose the exercises i did was because each demonstrated a differnt muscular contraction or a mixture of each. flys, planks, sit-ups and push ups used isometric contractions, biceap curls, bench/chest and shoulder presses used concentric contractions and with pull downs and shoulder pull ups used eccentric contractions. All exercises were specific to the muscular area i was trying to improve, each day i worked on one part of the body for example on a Monday i would focus just on my chest and on a wendsday i would work on my biceps. The reason i choose to do my program like that was because it was easier to remember what area to work on and gave each muscle grouple a huge workout instead of doing 5 different areas each day. With reference to my diary each workout showed progresive overload either with an increase in weigth or frequency and after a day or two i explained how my body showed the signs of delayed onset muscular soreness due to the overload. The only issue i ran into with my workout was that some days i wouldnt have a spotter which made my workouts quiet difficult. After i had finished my six week trainig program my muscular strength had increased dramatically with my biceap strength increased 7. 5kg, chest strength increased 7. kg, core strenght increased 2. 5kg and i was able to dely the onset of hydrogen ions from 25 reps to 35+ reps, etc. The whole process was more than enjoyable. I learnt many different exercises from other experience weight lifters and many pointers to help improve my skills. The program has helped me outside of weight lifting, such as being able to pass and throw further while playing basketball. I might of improved my program by working with a friend to make the work out more enjoyable and to help assist me in lifting.