Walmart Is It The Dependent Variable For Our Model

Variables Walmart revenue: This is the dependent variable for our model. It is the variable that we tried to explain using the independent variables discussed below. Competition: There are few direct competitors of Walmart like Costco. This is because most companies cannot beat the price that Walmart offers its consumers. As a big box retailer, Walmart uses its size coupled with effective supply chain management to acquire its supplies at a highly discounted price. This enables to charge very little for its consumer goods, thereby attracting a lot of consumers. Nevertheless, stores like Costco are able to compete with Walmart. The more customers Walmart loses to Costco, the lower its revenue. Therefore, we expect a negative relationship between competition and revenue. Consumer debt: When consumers have high levels of debt, they cut back on their spending in order to pay off their debt. This can positively or negatively impact the revenue company depending on its product or service. In the case of Walmart, high consumer debt levels will negatively impact its revenue as consumers will cut back on their credit card use. We expect a negative relationship between consumer debt and revenue. Consumer confidence: This refers to consumers believe about the condition of the economy. When consumers believe that the economy is strong and stable, they are less conservative with their funds. They save less and spend more on consumer goods, which translates to revenue for retail storesShow MoreRelatedWalmart in China7398 Words   |  30 Pagescorporations are aware of the topology of the Chinese market, what they lack is an in-depth understanding and the skills needed for effective operations. The paper describes the challenges faced by walmart as it attempts to replicate in China their lean retailing successes elsewhere in the world. Walmart has so far failed to extend their oligopolistic dominance to the Chinese market. We identified some issues: (1) the formation of partnership alliances and their impact on store location choice; (2)Read MoreRetailing and Online Brand Strength7155 Words   |  29 Pagesmindset (market orientation and willingness to cannibalize) and promotio nal resources (afï ¬ liate network size and advertising budget) on online brand strength. A sample of 85 bricks-and-clicks retailers provided the data to test a moderated regression model. The ï ¬ ndings show that retailer mindset and promotional resources positively impact online brand strength but market turbulence does not moderate the relationships. The contributions of this study are the identiï ¬ cation of resources that may help fortifyRead MoreAnalysis Of Utterback And Abernathy s Life Cycle Model2762 Words   |  12 PagesIn our analysis of Utterback and Abernathy’s life cycle model and how it applies to our technology, we considered the entire system of contactless payments including both hardware and software and the electronic devices required for these types of transactions which include the NFC enabled mobile phone and payment terminal. Mobile device enabled contactless payment technology is still in its infancy with Google Wallet coming as the first major player in 2011 (Carter, Faulkner, 2014). Companies likeRead MoreIndian Cold Chain Scenario11494 Words   |  46 Pagesextensive literature review as well as consultation with academicians and industrial professionals. Using semi-structured interviews and Fuzzy Interpretive Structure Modeling (FISM) approach, the research presents a hierarchy-based model. Findings – The end result is a model that establishes the relationships among the identiï ¬ ed inhibitors with their respective dominance. The research shows that there exists a group of inhibitors having a high driving power and low dependence with strategic importanceRead MoreManagement Principles and Practice7126 Words   |  29 Pagescontemporary organizations attests to their importance. Characteristics of Webers Bureaucracy | | LEARNING OUTCOME 3 Discuss the development and uses of the behavioral approach. How today’s managers use general administrative theory Several of our current management ideas and practices can be directly traced to the contributions of general administrative theory. For instance, the functional view of the man- ager’s job can be attributed to Fayol. In addition, his 14 principles serve as a frameRead MoreKeller graduate school marketing plan6122 Words   |  25 Pagesimage and overall market recognition. 3. Overcome competition in a market segment with increasing entrants. 4.Use a holistic marketing approach that targets the growing organic consumer market in a fashion that delights the consumer above and beyond our competition, within the budget constraints of an emergent company. Several macro environmental forces need to be deeply considered, some which are enabling and positive, some which can prove hindrances if not properly managed. Positive environmentalRead MoreEssay on The culture of Quality at Arnold Palmer Hospital2902 Words   |  12 Pagesforward into packaging and distribution. An example would be a coffee blender moving backwards by buying coffee plantations and moving forward to develop retail coffee shops. 6.â€Æ'The three basic approaches to negotiation are: The cost-based model The market-based model Competitive bidding 7.â€Æ'The adversarial relationship must be changed dramatically to one of trust and the establishment of long-term relationships. To im ­plement long-term relationships, purchasers must move to com ­municating the broadRead MoreRedbox Marketing Plan6141 Words   |  25 Pagesstores and convenience stores as these locations are frequently visited by people, and the kiosk could create a direct impulse to the people who are passing by. 5.1.2 Demographic Segmentation Redbox has not segmented its market by any demographic variable. With its kiosk located at routine place, it wishes to target the whole market, otherwise known as mass marketing. 5.1.3 Pshychographic Segmentation Redbox also has segmented the market by behavioral Segmentation; it has placed its kiosk at locationRead MoreMkt 421 Final Exam2821 Words   |  12 Pagestheir _____________________ A. personnel. B. promotional. C. product. D. pricing. 11) Hewlett-Packard sells personal computers through specialty computer stores, electronics superstores, and its own Internet site. The marketing mix variable that is being considered here is: A. Product. B. Placement. C. Promotional. D. Pricing. 12) The ______ area of the marketing mix is concerned with decisions about getting the right product to the target market when and where it isRead MoreBusiness Strategy of Carrefour4959 Words   |  20 PagesAsia. Our main sources include:  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The financial, business and mainstream press  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Company annual reports  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Reports published by major manufacturers/distributors/retailers/suppliers  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Online database 3. The Report Organization This report has eight sections. Section 1 provides an introduction of the report, followed by 6 other sections of discussions and visual models to analyze the various aspects which requires focus and the last section ends with our conclusion

Making a Difference In Our World William Randolph Hearst...

Making a Difference In Our World Imagine an individual opens a newspaper and begins to become intrigued in the articles, well this would not have occurred if William Randolph Hearst did not become a huge contributor to the American newspaper chain ( William Randolph Hearst ). This man stayed efficiently remembered through his family and personal life, too his economic and industrial pursuit to the newspaper chains, and lastly his wonderful impact on our society today. William Hearst was born on April 29th 1863. He was born to millionaire couple. Their names George and phoebe. Her maiden name was Apperson. He went to school at a young age, and continues dedicated in education in private schools supported by his father.†¦show more content†¦William Hearst though many obstacles became a well-rounded publisher and industrialist the newspaper. His publisher career took peak in the 1920s (Pray Leslie). First publishing from his newspaper consisted of Americans views on war with Spain dealing with Cuba. It often spoke about President McKinley. He was most famous for his yellow journalism. Many individuals feel this journalism part takes in imperialism and sovereignty power of foreign areas ( binkiewizc Donna). Some say he used his own beliefs in his newspaper articles. For example he defended the average person against public corruption and corporate good. To strengthen his economic endeavors he ran for mayor of New York. He ended up getting voted out of congress or running in political means due to not being very sufficient or taking part. He found it difficult for political knowledge against democratic and republican groups ( binkiewizc Donna).some main articles and newspapers titled, examiner, Boston American, Los Angeles. Most of his works came out of New York City (William Randolph Hearst, the biography channel). From being successful in the economic world, he gains money to purchase a hotel. One hotel he bought was in midtown. In the hotel he had his artwork. His artwork came from many European areas. In the hotel in had detailed moldings, paneling, lead glass, and crystal chandeliers. He also created the conferenceShow MoreRelatedSpanish American War1254 Words   |  5 Pagesintellect, no perfection of bodily development, will count when weighted in the balance against that assemblage of virtues, active and passive, of moral qualities, which we group together under the name of character;...† I am confident you will lead our country with that same leadership, enthusiasm and encouragement we need after such a cruel war. The Spanish American War as I remember began after we were having some conflict with Spain. The horrific part that made the chain reaction explode was onRead MoreImperialism And War : American Foreign Affairs7199 Words   |  29 PagesAmericans also felt secure from ex ternal threat because of their geographic isolation between two oceans, which gave them a sense of invulnerability. Until very late in the 19th century Americans remained essentially indifferent to foreign policy and world affairs. What interests America did have overseas were generally focused in the Pacific and the Caribbean, where trade, transportation and communication issues commanded attention. To the extent that Americans wanted to extend their influence overseasRead MoreEssay about History: World War I and Bold Experiments7600 Words   |  31 PagesChapter 21 An Emerging World Power, 1877–1918 Chapter 22 Wrestling with Modernity, 1918 –1929 Part 5 Essential Questions After studying the chapters in Part 5, you should know how to answer the following questions: 1. Why and how did American society industrialize during the late nineteenth century? 2. What were the causes and consequences of urbanization? 3. How did political change and progressive reform gain momentum after 1900? 4. How did the United States emerge as a world power by 1918? 5

David the King Free Essays

David the King of Israel and the 21 Irrefutable Laws of Leadership After two thousand years of being scattered around the world, the Israelites, God’s chosen people were finally able to come back to their historic home. When they finally settled in and formed a new government, they decided to have as their national symbol a flag with the Star of David prominently displayed in the center. One has to ask, of all the great and mighty leaders that have come and gone in the history of ancient Israel, they opted to have David as the symbol of unity, strength, resiliency, courage and above all integrity for the newly formed nation. We will write a custom essay sample on David the King or any similar topic only for you Order Now This paper will look into the life of David and how he has risen from anonymity and transformed himself to become the most effective general and political leader Israel has ever known. Introduction Based on what can be gleaned from the Bible, David did not come from royalty. But his family could not also be considered as dirt poor since his grandparents according to the Book of Ruth owned land. Nevertheless, David had to work as a shepherd boy to help augment the income of his family. They also have no servants because when it was time to seek news and provide supplies to his brothers in the war front, David’s father asked his youngest son to travel instead of asking a trusted male servant to the job. The above-mentioned information is very important because it must be established that David was not groomed as a leader. It also provides contrast to the current situation in the 21st century where people are more aware of leadership quality traits and that schools and leadership programs are being established to replicate good leaders. But it was not the case with David. It can be argued that David was thrust into the limelight so to speak and he did not plot his way to the throne of Israel. When he visited his brothers, he witnessed and heard and unusual sight – the people of God cowered in fear against a man-giant called Goliath. The 8-foot plus warrior was taunting and blaspheming the Israelites and Yahweh respectively. His young heart could not take the insults and so he decided to do something about it and the rest as they say is history. 21 Laws of Leadership The fact that David did not consciously desired to be king and the fact that his family did not actively encouraged him to set his sights so high can be a very good starting point for studying the 21 laws of leadership. If Maxwell was right then even ancient peoples practiced these principles. If this study provides proof that an ancient leader such as David did indeed – consciously or unconsciously – sought out the benefits of these principles then at the end of this study one can conclude that John Maxwell was right to say that these principles are indeed irrefutable. The following pages describes Maxwell’s laws of leadership as seen in the life of David: A. The Law of the Lid- Leadership ability determines a person’s level of effectiveness David did not enroll in leadership school. His was a training program found in the wilderness. It was not formal but he desired to perfect the little talent that he had and from here he accelerated faster than the others did. During this time all he knew was three skills. The first one was to tend sheep; the second one is the ability to ward off predators using a slingshot and stick; and finally the ability to play the harp B. The Law of Process- Leadership develops daily, not in a day There were others who probably knew the same skills set as David but he became an expert in the little things on a daily basis he practiced the playing of the harp and the dead aim of a slingshot-shooter able to scare away lions and bears. He kept plugging on it until his fame grew as a young boy eager to please his father and also as a budding musician skillful with the harp. Because of constantly desiring excellence even in the little things, David was rewarded in his efforts. The news of a good musician skilled in the art of providing happiness to a gloomy heart reached the ears of a depressed King Saul. This was the beginning of an accelerated development process for David. On the part of David, it is very probable that he was not there absentmindedly fiddling with the harp but actively soaking it in learning all that he could. Now, the young is not only learning about the ways of sheep, lions, and bear he is also beginning to get an insight into the ways of a leader in the times when he was called into the palace. During this time, David had insider information as to how a government should be run. There were only a few young men given the privilege of doing so. C. The Law of Intuition- Leaders evaluate everything with a leadership bias There were many examples in his life when one can see this principle regarding intuition is in full display. The first one is when he faced Goliath. David did not grandstand or acted foolish as was suggested by his brothers. God knew what was going on, David was prompted by something so profound that no one in the whole camp was able to understand except this young man. The leader’s intuition was first displayed here when David refused to back down from a blasphemer and instead asked permission to go to battle with the giant. The second time this intuition was on display was when David refused to glory in humiliating Saul and finally when his enemy was killed he did not gloat and showed tremendous restraint choosing instead to mourn the former ruler of Israel. In this way David demonstrated a leadership bias and not merely someone following the dictates of emotions. D. The Law of Influence- The true measure of leadership is influence When David decided to become a dutiful son he immediately became an influence in his region. He was well known and it is the reason why he was brought to the palace of the king. Yet his influence grew even more in his association with the king. Finally his capacity to influence others grew exponentially when he destroyed Goliath. This capability was in full display when was able to convince the King that the whole nation should put their trust in him, knowing fully well that if he failed then Israel will be enslaved by the Philistines. His ability to influence grew as he was considered as Israel’s new hero. The Adult Years In the second phase of his life, David finds himself married, a successful career in the military and serving a delusional king, severely depressed and jealous of his success. It was at this time when he was driven out of the palace and he survived by living in caves. It is also at this point in his life when one can observe the following leadership principles come into play: 1. The Law of E.F. Hutton- When a real leader speaks, people listen 2. The Law of Respect- People naturally follow leaders stronger than themselves 3. The Law of Magnetism- Who you are is who you attract 4.The Law of Solid Ground- Trust is the foundation of leadership 5. The Law of Empowerment- Only secure leaders give powers to others 6. The Law of Connection- Leaders touch a heart before they ask for a hand The people that he met – during the time when he was Public Enemy No. 1 – were acknowledged to be fugitives like David. Many were the dirty dregs of society and the Israeli military would love nothing but their capture. Yet it was from this group that David handpicked his future leaders and used it as the core to create one of the most feared armed forces in the history of ancient warfare (1 Sam. 22). This could only happen if David was able to practice the 8 leadership principles listed above, including those mentioned previously. The desperate men gathered in the caves listened to David because they believe in him and they respect him because they sense that he is a man of inner strength. They probably heard that he was the one who had slain the giant while he (David) was still in puberty. They may have also figured out that Saul is hunting him down though he is innocent. So they were attracted to him because like them he has full of potential but circumstances conspired to make him a lesser man. It is also because of David’s loyalty to Saul – in spite of the king’s ingratitude – that made the people feel that they can trust this young man. So by training them and teaching them how to behave like a disciplined military unit, he was able to touch their inner being and he was able to empower them. Reigning King The following principles are evident even before he was making a push to ascend the throne of Israel. But it was only when he reached manhood when David was mature enough to display the following: E. The Law of Navigation- Anyone can steer the ship, but it takes a leader to chart the course For many years, David was living in a remote outpost far from Saul. But when Saul was dead he knew that the best step is to go to the capital and claim what was rightfully his according to the late prophet Samuel. F. The Law of The Big Mo- Momentum is a leader’s best friend David allowed his organization, his small band of men to gather momentum. There is no use charging a fortified target if the group is not yet ready. Momentum was building for years and when he was ready he made it known that it was time to go to Jerusalem. G. The Law of Timing- When to lead is as important as what to do and where to go Those who are eager enough to seize power and those who are foolish enough to charge in without being sensitive to what is happening all around him is not a good leader. David demonstrated his knack for timing when he did not immediately enter Jerusalem after Saul’s death. He waited until he has gathered enough support – until his army is ready to face whatever it is that the enemy can throw against them. H. The Law of Production- It takes a leader to raise up a leader One of the main reasons why David was able to establish a strong government can be attributed to his ability to raise up leaders. He was able to train former fugitives who used to have no direction in life until he stepped in and intervened in their behalf. The result was awesome, a multitude of military leaders were equipped and made ready for battle. I. The Law of Buy-In- People buy into the leader and then the vision Aside from leading a band of former fugitives to capture Jerusalem and other key areas in the Promised Land, the vision that David provided for his men were almost impossible to achieve. The men who went with him in pursuit of the dream have to believe first in David before they could follow him into harm’s way. J. The Law of the Inner Circle- A leader’s potential is determined by those closest to him It is important to note that David’s capability can also be determined by the caliber of people that he surrounds himself with. According to 2Sam 16 it was not only efficient military commanders that comprise David’s inner circle but also religious men who are also an important component of Israel society. K. The Law of Victory- Leaders find a way for the team to win David, it seems, can find the solution to his problem in just the nick of time. He saw the weakness in Goliath’s armor and he was well aware of his enemies weaknesses and strength allowing him to become Israel’s’ most victorious military strategist. L. The Law of Priorities- Leaders understand that activity is not necessarily accomplishment When Absalom, David’s son decided to rebel against his father and tried to usurp the kingdom, David did the unthinkable. He retreated and crossed the Jordan. He saw no reason to fight Absalom and engage him head on. He was criticized by this act but he demonstrated that it is not only ruthless action that can win wars. M. The Law of Sacrifice- A leader must give up to go up It is too many to count the times when David decided to sacrifice something in order to win. The first time that he demonstrated this is by obeying his father and doing all the tedious work needed to support his family. The second incident is when he decided to run away rather than to stage a coup against his King Saul. N.The Law of Explosive Growth- To add growth, lead followers-to multiply, lead leaders In the earlier part of his reign David was able to grow the army in size and potency in warfare. David has at least thirty chiefs responsible for hundreds of men. On top of this there are many that defected to David to increase further the strength of his army. O. The Law of Legacy – A leader’s lasting value is measured by succession Before he died, David left the Kingdom of Israel into the hands of capable men. One of them is Solomon who grew up to lead Israel into its golden age. But there is perhaps no other legacy that David left behind than to prepare a bloodline from which Jesus Christ will come from. Conclusion Even though the 21 laws of leadership was a modern take at leadership principles and values; it is clear to see that ancient men were able to observe and practice them. One of the ancient rulers who benefited greatly from the wisdom of the 21 laws is a young man called David. He was once a shepherd boy who grew up to become one of the most beloved and one of the most accomplished military general and ruler of Israel. References Maxwell, J. (2007). The 21 Irrefutable Laws of Leadership. Retrieved from: Â  Accessed 17 September 2007. Holy Bible. (2005) Today’s New International Version. CO: International Bible Society. Â   How to cite David the King, Essay examples