Driving the Dairy business Essay Example for Free

Driving the Dairy business Essay In the article â€Å"Driving the Dairy business†, Howard assert that, this article focuses on the impact of unprecedented food inflation to bakery and dairy products in the U.S. It cites that recent price volatility fueled by a weak dollar, rising energy costs, consumer wariness, competitive pressure and other factors is making it hard to market staples like bakery and dairy items, primarily fluid milk. According to the article, the weakening on the commodity in cheese and nonfat dry milk drives the prices for dairy in general. Application of the content to my group project A company profile of Saputo Inc., which is engaged in manufacturing and marketing of dairy products like milk, cream, sour cream, yogurt and cottage cheese, is presented. An overview of the company is given, along with key facts including contact information, number of employees and revenues. Positive aspects of the article In the article , Howard use the specific numbers and statistics to illustrate the worst food inflation in nearly decades. Also , the author quote some famous person or the authority system said Dairy is a staple item that has been subjected to some record retail price points. That is now softening, which may be good news for the consumer. The flip side is that it will hurt the farmers in the short term so we may see further attrition in the agricultural community because of that Missing items and points The analysis of how to driving dairy business. Personal reflections on the article As the report noted, Smaller households are less likely to shop (a supermarket or convenience store) in-store bakery, in large part because they dont want to deal with waste or spoilage from products that are too big for them to consume. As the categories in cheese and nonfat dry milk are weakened on the commodity side it ultimately drives the prices for dairy in general. If the larger stores like Costco, Wal-Mart and Price Chopper are moving prices down, overall market prices are moving down with them. A lot of the big stores–the club stores, the large supermarkets and the mass merchandisers–will move their milk price each month, going up or going down

Social Outcasts in John Steinbecks Of Mice and Men :: Steinbeck Of Mice and Men Essays

Social Outcasts in Of Mice and Men In the novel Of Mice and Men written by John Steinbeck, a variety of characters are present, although, not all fit in. Two of the strongest examples are Crooks, and Curley's Wife. Throughout the novel, they are portrayed as social outcasts in whatever they did. Another good example is Lennie, mainly because of his mental condition. All three are treated in a cruel manner at one point or another in the novel. Crooks is an older black man with a crooked back, who lives by himself in the barn. He was asked not to bother the whites, and to stay out of their way, and so therefore he requests that no one bother him. Being the only African American on the ranch, the reader begins to question racism and prejudice. Were the others racist toward Crooks? Not necessarily, they just didn't allow him to hang out in the bunkhouse with them. At one point in the novel, Crooks talks of how lonely he gets, and how a man goes insane without anyone to talk with. He says this to Lennie: ""S'pose you didn't have nobody. S'pose you couldn't go into the bunkhouse and play rummy 'cause you was black. How'd you like that? S'pose you had to sit out here an' read books. Sure you could play horseshoes till it got dark, but then you got to read books. Books ain't no good. A guy needs somebody-to be near him. A guy goes nuts if he ain't got nobody. Don't make no difference who the guy is, long's he's with you. I tell ya, I tell ya a guy gets too lonely an' he gets sick" (pg.'s 72-73) Even if nobody treated him like an outcast, or in other words called him a nigger and pushed him around, he had to feel like one. The above quote explains what Crooks felt loneliness could do to a man. The other men on the ranch also treat Curley's wife, who is never given a name, poorly. She is always looking for attention and flirting with them, and this turns them off immensely. The fact that she is the only woman in Social Outcasts in John Steinbeck's Of Mice and Men :: Steinbeck Of Mice and Men Essays Social Outcasts in Of Mice and Men In the novel Of Mice and Men written by John Steinbeck, a variety of characters are present, although, not all fit in. Two of the strongest examples are Crooks, and Curley's Wife. Throughout the novel, they are portrayed as social outcasts in whatever they did. Another good example is Lennie, mainly because of his mental condition. All three are treated in a cruel manner at one point or another in the novel. Crooks is an older black man with a crooked back, who lives by himself in the barn. He was asked not to bother the whites, and to stay out of their way, and so therefore he requests that no one bother him. Being the only African American on the ranch, the reader begins to question racism and prejudice. Were the others racist toward Crooks? Not necessarily, they just didn't allow him to hang out in the bunkhouse with them. At one point in the novel, Crooks talks of how lonely he gets, and how a man goes insane without anyone to talk with. He says this to Lennie: ""S'pose you didn't have nobody. S'pose you couldn't go into the bunkhouse and play rummy 'cause you was black. How'd you like that? S'pose you had to sit out here an' read books. Sure you could play horseshoes till it got dark, but then you got to read books. Books ain't no good. A guy needs somebody-to be near him. A guy goes nuts if he ain't got nobody. Don't make no difference who the guy is, long's he's with you. I tell ya, I tell ya a guy gets too lonely an' he gets sick" (pg.'s 72-73) Even if nobody treated him like an outcast, or in other words called him a nigger and pushed him around, he had to feel like one. The above quote explains what Crooks felt loneliness could do to a man. The other men on the ranch also treat Curley's wife, who is never given a name, poorly. She is always looking for attention and flirting with them, and this turns them off immensely. The fact that she is the only woman in

My Wood by E M Forster

Mr. Tanveer Malik, Ms. Shweta Pandit impact of an American Recession on India Indian companies have major outsourcing deals from the US. India's exports to the US have also grown substantially over the years. The India economy is likely to lose between 1 to 2 percentage points in GDP growth in the next fiscal year. Indian companies with big tickets deals in the US would see their profit margins shrinking. The worries for exporters will grow as rupee strengthens further against the dollar. But experts note that the long-term prospects for India are stable. A weak dollar could bring more foreign money to Indian markets. Oil may get cheaper brining down inflation. A recession could bring down oil prices to $70. The whole of Asia would be hit by a recession as it depends on the US economy. Even though domestic demand and diversification of trade in the Asian region will partly counter any drop in the US demand, one simply can't escape a downturn in the world's largest economy. The US economy accounts for 30 per cent of the world's GDP. Says Sudip Bandyopadhyay, director and CEO, Reliance Money: â€Å"In the globalised world, complete decoupling is impossible. But India may remain relatively less affected by adverse global events. † In fact, many small and medium companies have already started developing trade ties with China and European countries to ward off big losses. Manish Sonthalia, head, equity, Motilal Oswal Securities, says if the US economy contracts much more than anticipated, the whole world's GDP growth-which is estimated at 3. 7 per cent by the IMF-will contract, and India would be no exception. The only silver lining is that the recession will happen slowly, probably in six months or so. As of now, IT and IT-enabled services, textiles, jewellery, handicrafts and leather segments will suffer losses because of their trade link. Certain sections of commodities could face sharp impact due to the volatile nature of these sectors. C. J. George, managing director, Geojit Financial Services, says profits of lots of re-export firms may be affected. Countries like China import commodities from India, do some value-addition and then export them to the US. Impact of Global Recession on Indian Car Industry Indian car industry is one of the most promising car industries across the globe. It has gradually strengthened its foothold in the international arena as well. The country is dealing with many car manufacturers, dealers, and associations in various different countries including U. S. From some countries, India imports cars and car components and to some India exports. With this, the global recession is obvious to have its impact on the Indian car industry. Though India has witnessed a growing customer base, it has not inoculated them from the global crisis. The crippling liquidity and high interest rates have slowed down the vehicle demand. However, the falldown started in July with a decline of 1. 9% and thereafter the industry saw a major slowdown in October 2008. Business Analysts reported that Indian car market had recorded a continuous growth of about 17. 2% over the last few years but this year the recession has brought the growth to about 7-8%. Be it Tata Motors or Maruti Suzuki or even Mercedes-Benz, the car market has gone down to a tremendously negative terrain. Tata has reported that its profit fell from 34. 1 percent to 3. 47 billion rupees because of the slower growth in the industrial production. Further, the company has also recorded a 20% decline in the sales as compared to last year. And with its Nano making a big impact before the downturn as such, but after the downturn may hold a bleak future for the world's cheapest car, because the consumer spending has gone very low. Even Maruti Suzuki reported a 7% decline in sales due to rising cost of the materials and a falling rupee value. Even Mahindra & Mahindra, the India's largest SUV and tractor manufacturer, is not immunized, showing profit fall of 20. 6%. In the recent months, banks and car financers have disbursed the approved loan because of the cash crunch. Payments from the OEMs (Original Equipment Manufacturer) have also been delayed and in most cases banks have deferred or disbursed the approved loan. OEMs take this loan from banks and financers for establishments, capacity expansions, or even for the requirement of high-end equipments for car designing and production. In addition, the uncertain exchange rate and a sudden increase in dollar value against Indian Rupee have contributed to the slowdown. Increasing dollar value has raised the landed cost of imported machine tools and even raw materials required for production by about 14%. Alloy and steel prices have also not shown any reduction in their prices and this high price has actually forced the car manufacturers to hike the car prices. To make the matter worse, it is believed that steel manufacturers across the country are looking for re-imposition of custom duty on steel. Increased cost of raw materials directly affects the cost of the car rolled out, eventually tagging a particular car model with a higher price tag. The conclusion is that the present global recession has hit very hard on the Indian car industry.

How Managers Effectively Deal With Cross Cultural Issues

Subject 3 : Discuss how managers effectively deal with cross cultural issues in the workplace. INTRODUCTION As the world economy is becoming more and more international, it has now become essential to know how to interact with people coming from some other countries. Nowadays most of growing companies are treating with partners abroad but some of them are facing communication problems. Cross cultural communication consist in a field of study that looks at how people from different cultural background communicate. In our essay we will see in what extent dealing with a multucural team is apparently a drain, then we will list the different methods that managers can use to solve these issues and finally see how a multicultural team can becomes a gain when it is well managed. Apparently a drain Communicating with people from different cultures, having different norms and habits is difficulty that everybody has to face. We all have been educated in different places and had different influences that made of us the persons we are today. This different experiences we had gave us various references and codes. All these different codes leads to misunderstanding. We identify two different ways of communication, verbal and non verbal communication. Verbal communication is a communication using verbs, voice and language. Non-verbal communication refers  « to a variety of ways to send a message without the use of verbal words. It is both intentional or unintentional  »Show MoreRelatedCommunication As A Globalized Environment921 Words   |  4 PagesDue to the rise of international trade and transnational corporations the average manager now communicates with vendors, employees and businesspeople in multiple countries on a daily basis. 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For every manager whoRead MorePotential Problems When Using Multicultural Diverse Team in Global Organization994 Words   |  4 Pageswhen their managers do not have much confidence in implementing diversity workforce in an organization. Managers are afraid that they may fail in terms of productivity when multicultural diverse team is applied. The problems are: 1. Problem: A mere decrease in productivity The positive impact of multicultural diverse team is that the creativity can be increase compare to non-diversity team. Furthermore, diverse team have better understanding of the problem since many cultural backgroundsRead MorePotential Problems When Using Multicultural Diverse Team in Global Organization984 Words   |  4 Pagesdiversity when their managers do not have much confidence in implementing diversity workforce in an organization. Managers are afraid that they may fail in terms of productivity when multicultural diverse team is applied. The problems are: 1. Problem: A mere decrease in productivity The positive impact of multicultural diverse team is that the creativity can be increase compare to non-diversity team. Furthermore, diverse team have better understanding of the problem since many cultural backgrounds is