Annual report of Daji Limited Essay - 275 Words

Annual report of Daji Limited (Essay Sample) Content: Annual report of Daji LimitedStudents NameUniversity AffiliationTable of contentsCover page---------------------------------------------------------------------------------- 2Cover letter--------------------------------------------------------------------------------- 3Executive summary----------------------------------------------------------------------- 4Company information-------------------------------------------------------------------- 4Company strategies----------------------------------------------------------------------- 5Conclusion-------------------------------------------------------------------------------- 6Recommendation------------------------------------------------------------------------- 7Cover letter
The previous monetarist year was one of the best years the company has ever witnessed. Throughout the financial year, the help of talented, professional and well-able workforce enabled the organization to achieve 90 percent of its targets. Currently, profitability of the entity has not achieved the desired standard, but with sustainability of current growth rate and integration of new lessons and research, it would be possible to attain even better result. The company benefitted immensely from Research and Development department that was launched towards the end of last financial year. With new findings, the organization was able to expand the scope of service provision while raising standards of existing products and services. The financial year was also decorated by a new wave of strategic alliances with various industry places at all levels of production. Their precious input enabled the company to climb higher and position itself as an upcoming key industry player. Our effort has yielded immense benefits to all stakeholders, particularly the shareholders who will enjoy better dividends and growth of investment. Executive summary The financial year will be the most notable in my career bearing in mind th at it began with numerous challenges. Nevertheless, it ended with the best news because the company recorded a 15 percent improvement in profitability. The company was able to consider new approaches, which proved viable. Some of the approaches applied included, new marketing strategies, better communication skills, new product and service standards, strategic alliances with other industry players and search for new information and ideas. With the up-to-date rate of growth, the company will be expected to take on major world players after a few years. Company information Da Ji is a company, which was established in the year 2008 by Steve Lee. When the company was first started, it mainly traded in jewelry. However, recently the company has increased its product range to include accessories, shoes, fashion clothes, under pants and lipsticks. The company targets to know supply and satisfy needs of women in the society. That was the main reason why the founder chose the name Da Ji. His torically, the name was for a female character in a Chinese Historical Romance Apotheosis. The story behind the character also helped to provide the company with a logo. The logo is seen as a shell and fox face to imply Da Jis real form as nine tailed fox spirit. The story revealed that Da Ji was an extremely beautiful and sexy woman. By providing unique, custom-made products, the company hopes to assist women in society to attain the beauty standard of Da Ji. The founder of the company, Steve Lee was born in London before immigrating to the United States. He is a professional market strategist with a vast family history of dealership in jewelry. When Steve Lee was young, he noted that producers of women products failed to consider what they most desired. In his study, he found that women desired jewelry that matched their clothing, body shape, color preference, weather and other aspects. For that reason, he thought of ways in which jewelry could be custom-made to match consumer pr eferences. Since its commencement, the company has witnessed a fast growth, which can be attested by the level of profitability, number of employees and range of products. The company was founded with just five employees. However, Da Ji currently employs over 50 employees not to mention those affiliated with companies dealing with outsourced services. The company has accumulated ideas and information, which have been instrumental in formulation of unique market strategies. Company strategies The core competencies of the company include a strong brand name, which is known in many parts of the world. Other competencies include creation of custom-made products, strategic alliance with key industry players, unique marketing strategies and exceptional workforce. Those are some of the unique qualities, which make the company to stand out from a pool of competitors. Currently, the company has a varied assortment of products, although jewelry is the most notable product. Before coming up with new designs, the company normally employs an in-depth market research to access information concerning latest fashion trends, consumer preferences, consumer needs and new materials in the market. In the recent past, research and development department has been instrumental in supplying new ideas and information for improving company products and services. Research and development has assisted the company to move ahead of other market players in terms of innovation and technology. With the help of new technologies, it has been able to communicate directly with clients from many parts of the world. Good communication is needed to survive in fashion and technology industry because it is dynamic in nature. Without good access to information, a business entity can be easily phased out of th...

Liebeck vs Mcdonalds - Free Essay Example

Sample details Pages: 6 Words: 1740 Downloads: 6 Date added: 2017/09/14 Category Business Essay Type Compare and contrast essay Did you like this example? Introduction This assignment is regarding the Liebeck vs McDonalds case back in 1992. The issues involved are discussed thoroughly as well as the difference between consumer protection laws in Malaysia and also the United States where the case took place. This assignment will also discuss the implications of the case and also businesses/consumers responsibility when handling accident prone products. Don’t waste time! Our writers will create an original "Liebeck vs Mcdonalds" essay for you Create order Question 1 Major issues 1. The 180 degrees coffee caused full thickness or third degree burns to Liebeck’s skin. percent of her body suffered the third degree burns and 16 percent suffered lesser. The incident caused her to be hospitalized for eight days followed by two years of medical treatment. She lost almost 20% of her bodyweight due to the incident. After having to go through skin grafting and debridement, it would not be entirely wrong to assume that Liebeck also suffered tremendous emotional trauma especially since accident happened at the age of 79. 2. Carelessness of Liebeck in handling the coffee cup also plays a major role in the accident. It would be totally understandable if the incident happened to a kid below 5 years of age. Liebeck who has lived for 79 years at the point of accident should have known better than to rush into putting cream and sugar into the hot coffee in the car right after she bought it. The cotton sweat pants that Liebeck was wearing could indicate that she was in no hurry to go anywhere. 3. Prior to Liebeck’s lawsuit against McDonalds, there were more than 700 claims by people who have been burnt by the coffee and some reportedly suffered similar third degree burns. The documented complaints show that McDonalds chose to turn a blind eye and continued to serve their coffee at 180 degrees as they claim that it is the temperature to maintain optimum taste. Later in the case, McDonalds also argued that people generally buy the coffee on the way to work or on the way home. Hence, the coffee would have cooled to a lower temperature by the time they reach the office or home. 4. The accident did not only cause physical and emotional pain for Liebeck but she was also financially scarred as the family thought she was due about $2000 for out-of pocket expenses. This amount was hefty as she earned $5000 a year as a Sales Clerk. Her daughter who had to stay at home to look after her suffered loss of wages. 5. If McDonalds insisted to keep serving their coffee at 180 degrees to maintain the optimum taste, the least they could have done to protect their customers was to enlarge the â€Å"Caution:Contents Hot! † sign on the coffee cup. The tiny warning print is almost invisible to the naked eye. One who is hungry or particularly craving for morning coffee could have easily overlooked the miniature sign. 6. McDonalds was quick to turn down the $2000 Liebeck asked for her expenses. The family said that they were only offered $800. McDonalds clearly wanted to wash their hands off the case. When they saw an opportunity to file a lawsuit against others, they were quick to jump on it as they did with the Mccurry case in Malaysia. Question 2 In regards to this case, McDonalds should have served their coffee at a lower temperature such as between 135-160 degrees. Even though they argued that the 180 degree is the optimum temperature for their coffee, they should have realized their responsibility to serve good coffee and yet protect their customers at the same time. They should have realized this after the first accident that was reported to them and not still ignore the demand to reduce the temperature 700 cases later. As a huge franchise, McDonalds should be more sensitive towards consumer complaints as their margin of profit relies on customers’ satisfaction. If they still insist on serving the coffee that hot, they should really consider making the caution sign noticeable. A bigger, bolder and more obvious color such as red would not cost them more than the tiny caution sign they are currently using. Liebeck was 79 when the incident happened. One would assume that she would not have noticed the caution sign printed on the cup. Perhaps if the styrofoam cup had a coffee sleeve/collar, then the older generations’ mind could have processed the information that the coffee was hot and they should be careful faster. In this case, McDonalds showed no responsibility and completely disregarded their customers’ needs. If they would have listened to customers concern in regards to the temperature, they would have done the necessary to protect them. They can serve the coffee at 180 degrees (as they claim customers like it that way) and also protect them at the same time. McDonalds was not totally at fault in this case. Liebeck would have avoided the accident if she was more careful while handling the coffee. She had difficulties in opening the lid of the cup during her initial attempt. She completely disregarded her own safety by placing the cup in between her legs and tried to open the lid then. After the failed attempt, she should have waited until she had gone home for her to drink the coffee or she should have asked her grandson to do it for her. Being in shock is natural in her circumstances but she stayed in her seat for a good 3 minutes before jumping off. By then the coffee had already absorbed which led to her third degree burns. As customers and also humans, we are responsible for our own actions. Despite McDonalds ignorance towards their customers safety, accidents can be avoided if customers are vigilant. When we buy products such as hot coffee, we should be mindful and responsible. Question 3 If I had been a juror in this case, I would have voted against Liebeck. As sorry as I feel for her condition and circumstances, she should not have tried to handle the coffee in the car given her age and physical condition hen. Pity should not be an element of judgment in the court of law. I would not have let McDonalds go just like that but I would also not have voted for compensatory damages for $200,000. The compensatory damages were 100 times more than the amount that she asked for in the first place. People should be responsible for their own recklessness. If we feel that the coffee is too hot, we can always choose not to buy it rather than buying it and hurting ourselves with it. Question 4 This case was like a poster child for product related lawsuits. Negligence cases blaming product malfunction bloomed like mushrooms after rain following this case. Take Rhyne vs Kmart Corp for instance. The Rhynes were awarded an astounding 23 million for punitive damages. The amount is rather absurd considering that the fact that the Rhynes were trespassing Kmart after hours going through the garbage in the first place. Civil suits has somewhat become a trend in the United States. They live in a litigating society where filing for lawsuits is something they come across or hear on a daily basis. As bizarre as we think it sounds to award somebody 23 million for trespassing, this is not entirely the citizen’s fault. Consumers are protected by the Consumer Product Safety Act 1972 by United States Congress to protect them against unreasonable risk of injuries associated with consumer products. Section 2 of the Restatement (Third) of Torts: Products Liability distinguishes between three major types of product liability claims which are manufacturing defect, design defect and failure to warn. All of the mentioned claims can be used by consumers to file lawsuit against manufacturers even for petty injuries. It’s safe to say that manufacturers have a duty to protect consumers one way or the other. This is not only for the United States. In Europe, the Donoghue vs Stevenson [1932] AC 562 was a decision of the House of Lords that established the modern form of the tort of negligence in English and Welsh law, and in Scots law, by setting out general principles whereby one person would owe another person a duty of care. Fortunately or unfortunately, we do not live in that type of society. Product negligence lawsuits are almost unheard of in our society. In our court of law, cases that usually attract public attention usually involve crime and defamation. In Malaysia, people are less willing to bear legal fees to aid the trial that sometimes can take up to 10 years. Here in Malaysia, we are not completely protected by consumer protection acts as securely as American citizens are by their State law. The Consumer Protection Act which was enforced on 15 November 1999 is seldom relied upon by our people. Based on the Product Liability article by Shearn Delamore, Malaysians are still leaning towards common law tort of negligence. Further to that, whether a failure to warn gives rise to liability depends on the circumstances. For example, if a product exposes the consumer to a high degree of danger, a failure to warn the consumer of the danger may be negligent. On the other hand, if the danger is obvious to the consumer, then a failure to warn the consumer may not be negligent. Hence, if the Liebeck was tried in our country, she might not have been awarded the punitive damages as she was in the United States. Conclusion In conclusion, this assignment has showed us the vast difference an act or law could have on a society. Without the specific rules and regulations for consumers and lawyers to abide to, there would not be a foundation strong enough for consumers to fight on. As consumers, we are entitled to get what we have paid for and for us to be compensated if it was proven that the service or quality did not meet our expectations. Hence, our Consumer Protection Act 1999 should be strengthened so that our consumers in Malaysia would have a sturdy act to rely on. REFERENCES Journals Shearn Delamore Co. The International Comparative Legal Guide to : Product Liability 2006 Books Peter B Maggs. Recent Developments in Product Liability Law in USA. Springer Netherlands Doctoral Dissertations Ruzian Markom: Faculty of Law, Universiti Kebangsaan Malaysia, Bangi, Selangor. Enhancing Consumer Protection Law in Malaysia:A brief comment to the consumer protection bill 1999. Online Articles https://www. cljlaw. com https://www. lectlaw. com/files/leg11. htm https://en. wikipedia. org/wiki/Liebeck_v. _McDonalds_Restaurants https://www. cooter-ulen. com/tort_liability. htm#Coyote v. Acme https://www. aoc. state. nc. us/www/public/coa/opinions/2002/001516-1. htm

Southwestern Assemblies Of God University - 1968 Words

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Being an effective manager is a daunting task to say the least because of the weight it carries. I definitely feel more equipped after taking your course. The concepts I am going to discuss in this paper have been reiterated over the course of the semester and have changed the way I view management. These principles that have changed my perspective are: the idea that Jesus is the center of our success, the core of management is servant leadership, and finding the balance in being a goose, an eagle, and a turkey. These principles are the key to becoming a successfulShow MoreRelatedSouthwestern Assemblies Of God University. . . Hermeneutics1734 Words   |  7 PagesSOUTHWESTERN ASSEMBLIES OF GOD UNIVERSITY Hermeneutics BIB3483 – 256 _ SP17 Professor: Phill Parris, M.Div. [Historical Analysis] STUDENT DATA Name McKenzie Eller E-mail mckenziemeller@lionmail.sagu.edu Phone 706-491-9443 Semester Spring 2017 Date 2/15/17 What’s the Why? 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Glass menagerie Essay Example For Students

Glass menagerie Essay The Glass MenagerieA Tennessee Williams play based on the depression decades of the thirties. Set in a small cramped apartment of St. Louis. A simple four characters whose lives seem to consist in avoiding reality more than facing it. Where each characters escape clearly defined by the aura of the memory play. This is so because every one of them changed their difficult situations into shadows of truth. None of the characters is capable of living entirely in the present. All retreat into their separate worlds to escape the brutality of life. I believe the playwright has done remarkable use of symbols, tensions, and irony. He uses all of these components to express to what I think is the main theme of the play, of the hopeful desire followed by unavoidable disappointments. All of the characters have dreams, which are destroyed by the harsh realities of the world. As the narrator admits in his opening of the play, since I have a poets weakness for symbols, symbols merely used to express a particular theme, idea or character. One which is I think is the major symbol is the fire escape, which has a separate function for each characters. This fire escape provides a means of escape for Tom from his cramped apartment and nagging mother. Therefore the fire escape for him represents a path to the outside world where dreams are. For the gentleman caller Jim the fire escape provides the means through which Jim can enter the Wingfields apartment an entrance to their lives. For Amanda, Toms mom, the fire escape allows Jim to come int o the apartment and prevent Laura from becoming a spinster. For Laura, Toms sister is that it is her door to the inside world in where she can hide. It is ironic that when Laura does leave the security of her apartment she falls. This symbolizes Lauras inability to function properly in the outside world. Another major symbol as the title is the glass menagerie, which represents Lauras hypersensitive nature and fragility. Laura is just as easily broken as a glass unicorn and just as unique. When Jim accidentally bumps into the unicorn and breaks it, the unicorn is no longer unique. As well like when Jim kisses Laura and then shatters her hopes by telling her that hes engaged. She becomes broken hearted and also part of that innocent which made Laura so unique is now lost. Both Laura and her glass menagerie breaks when they are exposed to the outside world represented by Jim. When Laura gives Jim her broken unicorn as a souvenir, I think it symbolizes her broken heart that Jim will ta ke with him when he leaves and I think it also provided her with a new confident. Now the unicorn is no longer unique like her but rather as common as a horse like him. Therefore she gives the unicorn to Jim. Just as she gives Jim a little bit of herself to take with him and leaving him behind a little bit of himself with her shattered hopes. The Glass Menagerie also uses rainbow which I think also symbolize hope and each mention of rainbows in the play it is associated with a hopeful situation. Like when Tom talks about his rainbow colored scarf that he got at the magic show. He talks about how it changed a bowl of goldfish into flying canaries and just like the canaries Tom hopes to fly away too, to escape from his imprisonment of himself and his family. The chandeliers that which create rainbow reflections at the dance hall, foreshadow the dance between Jim and Laura, which also gives hope within her. At the end when Tom looks at pieces of colored glass like bits of a shattered r ainbow he remembers his sister and hopes that he can blow her candles out. Basically though the rainbows seemed to be positive signs but it all end in disappointment. As shown mostly through the narrator Tom, maintains distance between himself and the pain of the situation through irony, and also explains, For the artist, irony is a device that protects him from the pain of his experience so that he may use it objectively in his art. The play itself focuses on the apartment life that Amanda, Laura, and Tom Wingfield share in the city and it is among many dark alleys with fire escapes. Tom and Laura do not like the dark atmosphere of their living conditions even though their mother tries to make it as pleasant as possible. An apartment that had only two small windows in the front and in the rear rooms and a fire escape blocked the smoky light from a back alley. A home that is a lower middle class neighborhood, which seemed disgusted. Amanda a typical Southern belle who fantasizes abo ut her seventeen gentlemen callers back in Blue Mountain. In reality she depends on her sons income to support Laura and herself and she does regularly attend D.A.R. meetings. Which is an important outlet for her activities. Amanda believes that Laura needs to have some gentlemen callers visiting their apartment because she does not want Laura to be an old unmarried spinster, which is like her. This comes from her selfish concern of Laura but also from her being unattached. Tom is trying to support his mother, sister and himself with his work at a shoe factory, which he does not want to have a career to where he has to do it all his life. Instead he wants to be a writer and spends most of his time working on poetry. Amanda constantly criticizes Toms wishes, and she pressures him to bring home a gentlemen caller from his work to introduce to Laura. Amanda explains to Tom that she knows that he wants to leave them but he should at least be responsible enough to take care of his sister s future destiny before he departs. Tom and Laura do have a close relationship, and he obliges with Amandas request to bring home a gentlemen caller for his sister. For Tom movies were always exciting for him another avenue of escape into the world and destroy. In the play Amanda constantly questions Tom about his daily leaves to the movies. Tom tries to explain that he loves the movies so much, but Amanda does not believe that his evenings are so innocent. While, Laura is very shy and does not want to be involved with the world outside of their apartment. She collects tiny glass animals and she treasures them more than actually participating in daily contact with the public. It comes to where Amanda enrolls her in a business school so that Laura will have some sort of trade which she will be able to support herself in the future. But Laura is so shy that she does not attend classes and is eventually dropped from the enrollment. Which comes to Amanda where she convinced Tom into inv iting a nice young man from the shoe warehouse over for dinner at the apartment. When Jim OConnor comes to dinner, Laura recognizes him as the boy that she had a crush in high school. After dinner, Amanda tells Jim to keep Laura accompanied in the parlor. Initially Laura is petrified but she begins to feel more comfortable around him as they reminisce over high school days. Jim dances with Laura and kisses her, only to reveal that he is engaged to another woman and must leave. Which I think is the downfall of the play. Amanda believes that Tom has purposely made them look like fools and eventually got Tom to leave just as his father had. At the end of the play, Tom realizes that he will never be able to forget the sister he left behind. Nelson Mandela EssayTom character on the other hand, relies on self-denial to justify his concerns and feelings of insecurity. By making himself believe that he is a righteous male, he convinces himself that his needs take place to his family. But Tom also escapes into his world of poetry writing and movies. He cannot handle his meaningless job and his unsatisfying home life. His biggest dreams flash before his eyes on a screen in a darkened room yet, while in that little apartment he faces only the dimness. Even during his reflections on the fire escape he is not really separating himself cause I think he is stuck in that metal frame, where hes still anchored to the apartment wall. Tom dreams of being a poet and escapes to fulfill his dream at the end, but finds that he cannot forget Laura as he wanders around town aimlessly thinking of her. It comes to the end where Tom is trapped by his past. Finally our ordinary nice boy Jim character uses his glorified old memories saved by Laura to find some relief. Even Jim is still disappointed that his future hadnt turned out to be what he imagined in his glorious high school days, where he was that great man on the campus. Stuck also in the same warehouse job as Tom, he uses his past to project on his future success in TV, believing he will better himself. While hes takes classes in speaking, hoping to recapture his good old high school days. Lauras admiration gives his need and fails to realize what he done to the fragile girl. Each time a character feels as if he or she is moving forward, they only move backward. Though the characters are constantly trying, nobody moves forward and nobody escapes. Not even Tom and he left. In the end I think the play is like our own lives, filled with possible escapes but sometime there is no escaping. The characters I believe just like so many of us try to find their ways but just like us we suc ceed in tangling ourselves in our own problems. As the audience the play makes us think at it all and knowing maybe in that position we could have change the outcome but it has been foreshadow their faith in the beginning. And it does make us wonder if we are all going through life and our faith is a failure unless we do something.