This is islamic fashion show in july 2012 in bali, indonesia and i am one of the models.by the way nice payment pack...
Restrictions in India
To define the various restrictions involved in terms
of Political, Economical, Social and Technological (PEST) when investing in
India, especially for old town, whose ideal entry strategy involves
franchising. But just like any other countries when doing business be it in the
form of acquisition or licensing, there are still certain factors one is
required to know and understand before venturing into that particular nation.
Even with a steady growth in economy, India is still considered a politically
instable country with corruption levels at a very high rate . With political
instability and high corruption levels, India has still managed to attract many
multinational international fast-food chains into the country. Some of the
chains that are currently conducting business (mostly through franchising) are
“Pizza Hut, KFC, Nando’s and A&W . With the growing Human Development Index
and a rise in middle class families, investing into the country could be look
upon from a positive point of view in country
like India.
Mind blowing View from the Top of Burj Khalifa, Dubai
Burj Khalifa , known as Burj Dubai prior to its inauguration, is a skyscraper in Dubai, United Arab Emirates, and is the tallest manmade structure in the world, at 829.84 m (2,723 ft) Construction began on 21 September 2004, with the exterior of the structure completed on 1 October 2009. The building officially opened on 4 January 2010.
And this is the new picture of this amazing tower.
And this is the new picture of this amazing tower.
Padini’s Ideal Entry Strategy
Padini’s
Ideal Entry Strategy
Padini’s ideal mode of entry strategy utilized
for internationalization of their operations is through Franchising of one or
all of their strategic business units (e.g. Seed, Vincci, etc.). (Padini
Holdings Berhad, 2012) Their entry into Middle-east, South-east Asia, etc. was
achieved using a franchising entry stratagem, as seen on their website. (Padini
Holdings Berhad, 2012) Before we move onto how Padini’s traditional
entry strategy would be suitable for their entry into Iran, let us look into
the various aspects of using ‘Exporting’ as the method of entry for a firm’s
internationalization efforts.
Exporting requires the least amount
of involvement by a firm in terms of resources needed and allocated to serving
an overseas market. Basically, the company uses existing domestic capacity for
production, distribution, and administration and designates a certain portion
of its home production to a market abroad. It makes the goods locally and sends
them by air, ship, rail, truck, or even pipeline across its nation’s borders
into another country’s market. Entrance into an export market frequently begins
casually, with the placement of an order by a customer overseas. At other
times, an enterprise sees a market opportunity and actively decides to take its
products or services abroad. (Ajami et. al., 2006)
A firm can be
either a direct or an indirect exporter. As a direct exporter, it sees to all
phases of the sale and transmittal of the merchandise. In indirect exporting,
the exporter hires the expertise of someone else to facilitate the exchange.
This intermediary is, of course, happy to oblige for a fee. There are several
types of intermediaries: manufacturers’ export agents, who sell the company’s
product overseas; manufacturers’ representatives, who sell the products of a
number of exporting firms in overseas markets; export commission agents, who act
as buyers for overseas markets; export commission agents, who act as buyers for
overseas customers; and export merchants, who buy and sell on their own for a
variety of markets. (Ajami et. al., 2006)
There are
many advantages when a firm utilizes exporting as their method for entry. The
major advantage of exporting is that it involves very little risk and low
allocation of resources for the exporter, who is able to use domestic
production toward foreign markets and thus increase sales and reduce
inventories. The exporter is not involved in the problems inherent in the
foreign operating environment; the most that could be lost is the value of the
exported products or an opportunity if the venture fails to establish the
identity or characteristics of the product in the foreign market. (Ajami et.
al., 2006) Exporting also provides an easy way to identify market potential and
establish recognition of a name brand. If the enterprise proves unprofitable, the
company can simply stop the practice with no diminution of operations in other
spheres and no long-term losses of capital investments. (Czinkota, 2004)
The disadvantages of exporting
according to Ajami et. al. (2006), are “exporting can be more expensive than
other methods of overseas involvement on a per-unit basis because of not
understanding the differences of the local market relative to the home market
of the firm, and the costs of fees, commissions, export duties, taxes, and
transportation. In addition, exporting could lead to less-than-optimal market penetration
because of inappropriate packaging or promotion.” Exported goods could also be lacking features
appropriate to specific overseas markets. Relying on exporting alone, a firm may
have trouble maintaining market share and contacts over long distances.
Additional market share could be lost if local competition copies the products
or services offered by the exporter. (Czinkota, 2004) The exporting firm also could
face restrictions against its products from the host country.
While some of
these problems can be addressed by establishing direct exporting capability
through the establishment of a sales company within the foreign market to
handle the technical aspects of export trading and keep abreast of market
developments, demand, and competition, many firms choose instead to expand their
operations in foreign spheres to include other forms of investments.
PADINI
The role of
internationalization of businesses today has provided consumers with multiple
options for selecting goods or services of their choice. Internationalization’s
coherence with competitiveness among firms has allowed to some extent the
choice of goods with cheaper costs and better quality for consumers to digest
when needed. Few decades ago, the possibility for the adaption of certain
commodities considered luxurious for the average income families are now made
affordable to individuals from all classes. The benefit that
internationalization has to offer to a business is dependent on the strategic
initiatives utilized by the firm. The willingness to capitalize on
international opportunities these days are increasing drastically due to many
profitable reasons such as – population growth, rise in GDP of a nation, etc. One
such company that has shown the determination to grow is Padini Holdings
Berhad.. This Malaysian company has always explored for opportunities since
their inception, with their high-end European styled clothing and foot wear.
Their hunger is indeed appreciable especially when one has to consider the
already popular American and European brands (e.g. Gucci, Versace, Gap, etc.)
that have established their brand name worldwide and dominates the day to day
fashion trends admired by individuals from all age ranges.
Our efforts
are focused on the development of a professional report biased on the
internationalization efforts of Padini into Iran with detailed explanation of
on the various definitions of internationalization and its associates. This
report will allow the reader to grasp the various subjects covered by the
internationalization of a business and the various strategies that are utilized
by a firm to successfully encamp on their targeted nation.
Economy in india
One of the fastest growing economies of the world and a member
of Goldman Sachs alongside India and
China, Mexico would be an ideal nation for investors looking forward to a long
term increase in growth and profitability from this developing nation. SinceIndia’s independence in 1947. Growth in finance and retail are also prospering
with the progress of the country over the past few years. Foreign Direct
Investments (FDI) are also increasing by the day especially in the outsourcing
or sourcing industry . With political instability and poverty as a major
drawback, this nation is still moving forward at an appreciative pace.
Indian economy to grow 6.9% in 2012-13 world bank
Most expensive cell-phones
Top 8 cell-phones in the world but this video made on 2010 and i know there must be some changes.and just guest how much number 1 is gonna be....it was interesting for me, hope you all like it.
ENJOY...
source: youtube
source: youtube
Mode of Entry
Is the
channel which your organization employs to gain entry to a new international
market. This lesson considers a number of key alternatives, but recognizes that
alternatives are many and diverse. Here you will be consider modes of entry
into international markets such as the
Internet, Exporting, Licensing, International Agents, International
Distributors, Strategic Alliances, Joint Ventures, Overseas Manufacture and
International Sales Subsidiaries. Finally
we consider the Stages of Internationalization.
Direct and indirect approaches to exporting to other
nations. Direct exporting is straightforward. Essentially the organization
makes a commitment to market overseas on its own behalf. This gives it greater
control over its brand and operations overseas, over an above indirect exporting.
On the other hand, if you were to employ a home country agency to get your
product into an overseas market then you would be exporting indirectly.
Licensing is when an organization authorizes another firm in
the host country to manufacture and sell its products. Licensing includes
franchising, Turnkey contracts and contract manufacturing.
The high-school blogger who's been cracking Apple's secrets
In the walk-up to this week's World Wide Developers Conference, everybody -- including the Journal -- got scooped by an 18-year-old kid named Mark Gurman who goes to high school in Los Angeles and writes on the side for Seth Weintraub's 9to5Mac.
WWDC predictions Gurman posted over the past month:
May 11: iCloud beta website reveals plans for Notes and Reminders web apps, affirms iOS 6 beta coming soon CORRECT
May 11: iOS 6: Apple drops Google Maps, debuts in-house 'Maps' with incredible 3D mode CORRECT
May 14: Apple readies revamped 15-inch MacBook Pro: Retina Display, ultra-thin design, and super-fast USB 3 CORRECT
May 15: Apple also working on MacBook Airs and iMacs with Retina Displays TO BE DETERMINED
June 4: Facebook in iOS 6: Integration is system-wide, 'Liking' of App Store apps present CORRECT
June 4: Apple to bring full Siri voice-assistant to the iPad with iOS 6: mockup and details CORRECT
June 4: Apple to update most of its Mac lineup and multiple accessories at WWDC CORRECT
June 5: After nearly two years without an update, Apple to finally revamp Mac Pro next week CORRECT
Seven out of eight ain't bad, and I suspect that the one that we
don't yet know about -- his report that Apple is bringing the Retina
display to the rest of its notebook line -- will eventually be proven
true.I ran into Gurman in San Francisco, where he is attending Apple's developer sessions. He clammed up when I asked him where he gets his stories. But Weintraub -- who hired Gurman two years ago when he realized the teenager had his finger on Apple's pulse -- was more forthcoming. Some of his stories come from sources inside Apple, but most are based on what used to be called old-fashioned shoe-leather reporting -- poring over Apple's published documents and building a network of Apple developers and parts suppliers that he hammers relentlessly.
Gurman is a little worried that the attention he's been getting -- we wrote about him last week and Bloomberg News mentioned his work on Tuesday -- could bring down Apple's wrath.
But he also craves Apple's recognition. He lights up when he hears that Apple public relations has asked about him, and he mentions proudly that senior VP Phil Schiller knows who he is. It turns out that a few months ago, someone (not Gurman) called Schiller claiming to be Mark Gurman and asking for information about future Apple products. I'm told that Gurman got a call the next day from Apple PR saying that if he wanted any information about the company, he should go through their department.
U.S Federal Aviation
Case Study on the
U.S. Federal Aviation Administration’s Airport Planning & Capacity
Department and its importance in the Aviation Industry
Operations and Quality
Management
Year: 2012
Executive Summary
The Airport
Planning and Capacity is a department of the U.S. Federal Aviation
Administration (FAA) which is the National Aviation Authority of the United
States. The FAA has the authority to monitor and regulate all aspects of civil
aviation in the United States.
The Airport
Planning and Capacity office plays a major role in the FAA due to the increasing
number of airplane users in the United States. The National Airspace system of
the United States has become increasingly congested over time, thus, imposing
additional costs of delay on passengers and the region. The various continuous
problems being generated in the national airspace system of the U.S. is not
only a difficult challenge for the Airport Planning and Capacity department,
but also one that would require an advanced level of critical thinking from an
operational perspective, for the days that lie ahead for the National Airspace
system.
Contents
Introduction. 1
The Importance of the
Airport Planning and Capacity Department. 3
Capacity Needs. 3
Airport Improvement
Program (AIP). 4
Factors Affecting the
FAA’s AIP Funding Decisions. 4
Challenges Faced by
Airports in Planning. 5
Conclusion. 6
Reference(s). 7
Itroduction
Airport
Planning and Capacity is an important body of the FAA. Airport Planning ensures
the long-term maintenance of the individual facilities and the entire system as
a whole. Airport planning can include a wide variety of studies that included –
airport facility planning, air capacity and system planning, environmental
studies and more. (WSDOT, 2011)
According
to the Washington State Department of Transportation Aviation Division (WSDOT
Aviation) it is generally recognized that there are three primary levels at
which airport planning can be performed or segmented into:
Strategic-Level
– The strategic level examines the long-term structures and determines the
effectiveness of the various structures in terms of its ability to identify
goals and objectives.
Tactical-Level
– This level deals with the short-term and medium-term courses of actions that
fit into the overall strategic plans and goals
Project-Level
– The project-level identifies a defined aspect of a tactical plan and also
determine the optimum manner required to execute that aspect into a project
form.
Airport
planning can be an extremely complex process. This is because an airport covers
a wide range of activities that often have different and sometimes, conflicting
requirements. Also, there are multiple industries, federal and international
regulations and best management practices that are commonly employed to tackle
such issues.
Federal Aviation Administration (FAA)
Federal Aviation Administration (FAA)
The Federal
Aviation Administration (FAA) was founded in August 23, 1958 by the Federal
Aviation Act of 1958. It is an agency of the United States Department of
Transportation. The FAA is given the authority to monitor and regulate all
aspects of civil aviation in the United States.
Some of the
major roles of the FAA are:
·
The regulation of United States commercial space
transportation
·
The regulation of the air navigation facility’s
geometry and flight inspection standards
·
Development of civil aeronautics including new
aviation technology
·
Issuing, suspending or revoking pilot certificates
·
Monitoring civil aviation for the promotion of safety,
especially through local offices cal Flight Standards District Offices
·
Developing and Operating a system of air traffic
control and navigation for both civil and military aircraft
·
Conducting research and development for the National
Airspace System and civil aeronautics
·
Developing and carrying out programs to control
aircraft noise and other environmental effects involved in civil aviation (FAA,
2008)
According
to FAA’s website, their mission and vision states that it is FAA’s continuing
mission to provide the safest, most efficient aerospace system in the world and
that they strive to reach the next level of safety, efficiency, environmental
responsibility and global leadership. The FAA is also accountable to the
American public and their stakeholders as stated in their website.
The FAA is
made up of various departments which include the Airport Planning and Capacity
department. Some of departments in the FAA are – The Aircraft Certification
Offices (ACO), Airports Regional Offices, Flight Standards District Offices
(FSDO), Manufacturing and Inspection District Offices (MIDO), Aircraft
Evaluation Groups (AEG), International Field Offices and Units (IFO) (IFU),
Certificate Management Offices (CMO) and more.
The Importance of the
Airport Planning and Capacity Department
According
to the FAA, the national airspace system will become increasingly congested
over time, imposing costs of delay on passengers and regions. Many airports in
the United States are or will become significantly congested in the coming
years and the Regional Airport Planning has the potential to identify solutions
for this issue. (GAO, 2009).Such issues
of congestion of the airspace system in the United States can lead to many
problems in the transportation field of the nation.
Capacity
Needs
In 2003,
the FAA created a team to begin the Future Airport Capacity Task (FACT). The
team was led by the FAA’s Airports organization (ARP) and consisted of
representatives from the Air Traffic Organization (ATO) and the MITRE
Corporation’s Center for Advanced Aviation System Development (CAASD). FACT is
an assessment of the future capacity of the Nation’s airports and metropolitan
areas. Its goal is to determine which airports and metropolitan areas have the
greatest need for additional capacity. By embarking on this initiative, the FAA
wanted to assure that the long-term capacity of the U.S. aviation system
matched forecasts of demand. (The MITRE Corporation, 2007)
National plan of integrated airport system(NPIAS)
It is an
inventory of the United States Aviation Infrastructure Assets. It is developed
and maintained by the FAA. The NPIAS identifies all the airports in the U.S.
that are considered to be the significant components of the national aviation
infrastructure network. It also regulates the quality of the current state of
development, technology, and maintenance at each of these airports. The NPIAS
estimates the necessary funding required, bringing each of the airports up to a
current standard of design, technology, and capacity. Also, the airports in the
NPIAS are eligible for Federal grants from the Airport Improvement Program.
(FAA, 2008)
The NPIAS
consists of all the commercial service airports, all the reliever airports, and
the selected general aviation airports.
Airport Improvement Program (AIP)
The Airport
Improvement Program (AIP) is a United States federal grant program. The AIP
provides funds to airports to help improve safety and efficiency. The various improvement
projects are related to runways, taxiways, ramps, lighting, signage, weather
stations, NAVAIDs, land acquisition, and some areas of planning. The funds are
raised through taxes on airplane tickets sold to the public and a tax on the aviation
fuel. (Frank Thomas, 2009)
Factors Affecting the FAA’s
AIP Funding Decisions
The FAA’s AIP program to raise
funds for the improvement of the national airports is faced with many
challenges, especially during the raising of funds for its program. Some of the
factors affecting the AIP funding decisions are as follows:
·
The availability of funds
·
Specific type of AIP funding requested
·
State of readiness
·
Priority of the proposed project compared to the other
projects within the same timeframe
·
Location of proposed project
·
Type of project (e.g. new, expansion, standards, etc.)
·
Timing of proposed project
·
Type of proposed facility (e.g. runway, taxiway,
apron, drainage, etc.)
·
Size of the Airport (i.e. types and volume of aviation
activity). (Elliot Black, 2010)
Challenges Faced by Airports in Planning
The FAA’s
Airport Planning and Capacity department is faced with challenges in airport
planning that’s needs to be tackled strategically and frequently in order to
maintain the standards of the Airports in the United States. Some of the
challenges faced are as follows –
·
Fluctuation of demand
·
Accommodating
peak demands
·
Lengthy processes to plan, design, finance and
construct
·
High cost of construction
·
Preservation of flexibility for changing user needs
·
Need to align planning, environmental and financial
issues. (Elliot Black, 2010)
Conclusion
The FAA
overall is faced with multiple challenges in the fast-growing air travel
industry. Due to cheaper air travel and high population growth, the number of
problems faced in the airports is increasing ten-folds every year, with
congestion being on top of the list. In
my opinion, the Airport Planning and Capacity department would need far more
assistance and increased government funding in order to capacitate the issues
faced by the airports in the United States.
In 2010, the Airport Planning and Capacity department
introduced the Sustainable Master Plan Pilot Program. The intention of this
program is to make sustainability a core objective in airport planning. This
pilot program involves the funding of long-range planning documents at airports
throughout the United States. These documents, called Sustainable Master Plans
and Sustainable Management Plans, includes initiatives for reducing
environmental impacts, achieving economic benefits, and increasing integration
with local communities.
Such initiatives brought by the department are ways that
would help in the better development of the FAA’s plans and goals in achieving
a safe, secured and advanced air-travel in the United States.
Reference(s)
·
Black, Elliott. (2010). The Role of Activity
Forecasting in FAA's Planning, Environmental and Financial Decisions. Federal
Aviation Administration - Airports Infrastructure Session. 1 (1), p1-22.
·
Frank, Thomas. (2009). Feds keep little-used airports
in business. Available: http://www.usatoday.com/travel/flights/2009-09-17-little-used-airports_N.htm.
Last accessed 1st March, 2012.
·
GAO. (2009). National Airspace System - Regional
Airport Planning Could Help Address Congestion If Plans Were Integrated with
FAA and Airport Decision Making. Report to Congressional Requesters. GAO-10-120
(1), p1-75.
·
U.S. Department of Transportation. (2012). Airport
Planning & Capacity. Available:
http://www.faa.gov/airports/planning_capacity/. Last accessed 3rd March, 2012.
·
Washington State Department of Transportation Aviation
Division (WSDOT Aviation). (2011). Airport Planning Guidelines. WSDOT
State-Managed Airport Handbook. 3072 (6), p1-38.
accounting class
Today i m going to accounting class 9 to 1pm,but today my girlfriend is going back to her country so i m gonna miss her. forget about class and accounting i cant see her for 1 week or more.
today class is about receivable account and payable notes and account which those are not tough .
and after class i m going to drop her off in airport.
today class is about receivable account and payable notes and account which those are not tough .
and after class i m going to drop her off in airport.
What to expect from Apple's WWDC event 2012
Apple's Worldwide Developers Conference, the annual gathering where the secretive company hosts folks who make a living writing software for its products, kicks off Monday.
And while the event is
designed around presentations to help developers, its keynote address
has also become an opportunity for Apple to roll out new products not
just to developers, but to the world.
Two iPhones and several Macs have had their coming-out parties at WWDC, along with a host of operating-system overhauls.
Which raises the obvious question: What will Apple announce on Monday?
Speculation has run
rampant, as it does every time the Cupertino, California-based computing
giant moves a muscle. But some of the guesses make more sense than
others.
Here's a look at some of the most credible reports, with our take on the odds of them being even vaguely true.
- Apple TV
A television set from Apple has been the most elusive and speculated-about piece of vaporware in the tech world for the past year.
Whether it's been snippets of info from Apple's supply chain, suggestive notes from retailers
or the always talkative "unnamed sources," most observers seem to agree
it's just a matter of time before the company goes from offering a
set-top box like Roku, Boxee or TiVo to selling its own TVs.
Could Monday be the day we finally see it?
Maybe ... but it doesn't
feel likely. Instead, look for another update to the Apple TV system --
one that could be quietly getting the inner workings ready for the TV
set itself.
By Apple standards, Apple TV hasn't been a big seller yet. And things are getting more interesting in that space. Last week, Microsoft announced Xbox SmartGlass, a system that will synch that gaming and entertainment console with mobile devices like iPads and iPhones.
source: CCN
source: CCN
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