Tuesday, November 26, 2019

Smart Famous People and Their SAT Scores

Smart Famous People and Their SAT Scores SAT / ACT Prep Online Guides and Tips If you are taking the SAT, you are definitely not alone! While colleges use SAT scores as an indicator of smarts and aptitude for college, smart people do not always perform well on the SAT test. In this article, I will share the SAT scores of some reputedly smart people, former and current Presidents, CEOs, authors, etc. Hopefully, their scores will make you feel proud of your own! SAT Scores of Smart People At PrepScholar, we've gathered a complete list of smart people’s SAT scores. We found theirscores in past interviews or through investigative research.You will see their scores are widespread: Smart Person Known For SAT Score (out of 1600) Alma Mater Paul Allen Co-founder of Microsoft 1600 Washington State University Bill Gates Co-founder of Microsoft 1590 Harvard Ben Bernanke Economist / Former Chairman of the Federal Reserve 1590 Harvard Bill O'Reilly Political Commentator 1585 Marist College Rush Limbaugh Political Commentator 1530 Southeast Missouri State University Scott McNealy Businessman / Co-founder ofSun Microsystems 1420 Stanford Al Gore 45th Vice President of the United States, under President Bill Clinton 1355 Harvard Meredith Vieira Television Host 1300s Tufts University Stephen King Author 1300s University of Maine George W. Bush 43rd President of the United States 1206 Yale John Kerry Current Secretary of State 1190 Yale Amy Tan Author 1100s Linfield College, San Josà © State University Bill Clinton 42nd President of the United States 1032 Georgetown Al Franken US Senator / Former SNL Comedian 1020 Harvard Howard Stern Radio and TV Personality 870 Boston University All of these people took the SAT, but others took the ACT, and we converted their ACT scores to the SAT scale: Smart Person Known For ACT Score SAT Conversion (out of 1600) Alma Mater Sonia Sotomayor Associate Justice of the Supreme Court 35 1560 Princeton Steve Jobs Co-founder of Apple 32 1420 Reed College Barack Obama 44th and current President of the United States 30 1340 Columbia University Lyndon B. Johnson 36th President of the United States 26 1190 Texas State University William Faulkner Author 18 870 University of Mississippi Obviously, you do not need to score well on the SAT to succeed in life or to be considered "smart".However, if you score well on the SAT, you will have the opportunity to attend better colleges and will be afforded more post-collegiate job opportunities.So even though the SAT may not be an indicator of smarts or success, you should still try to get the highest score possible. Be as cool as this guy! (and hopefully as rich) How can you improve your own SAT Score? Study the test format Make sure you know the test format cold.Be aware that there are changes coming to the SAT, the new SAT will start in the spring of 2016.To learn the test, check out our other free resources: how long is the SAT, how is the SAT scored, and how to get a perfect SAT score from a full 2400 scorer. Practice practice practice You should be practicing timed SAT tests and reviewing all of the answers you got wrong.Check out all of the free SAT tests available in our other article. Consider using a paid resource to help you prep If you enjoy our free articles, you would love our PrepScholar SAT prep program, and you can try it free for 5 days.We do the heavy lifting for you, by splitting up our prep material into specific skills. We'll detect your weaknesses automatically and give you focused lessons and quizzes to improve those skills.For more paid study resources, check out our recommended SAT prep books. What’s next? Check out our other resources for help raising your SAT score: The Best Way to Review Your Mistakes for the SAT/ACT The Best Way to Read the Passage in SAT Reading How to get 800 on SAT Writing: 11 Strategies from a Perfect Scorer How to Get 800 on SAT Math, by a Perfect Scorer Disappointed with your scores? Want to improve your SAT score by 240 points?We've written a guide about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

Friday, November 22, 2019

Giuseppe Garibaldi, Italys Revolutionary Hero

Giuseppe Garibaldi, Italy's Revolutionary Hero Giuseppe Garibaldi (July 4, 1807–June 2, 1882) was a military leader who led a movement that united Italy in the mid-1800s. He stood in opposition to the oppression of the Italian people, and his revolutionary instincts inspired people on both sides of the Atlantic. Fast Facts: Giuseppi Garibaldi Known For: Unifying northern and southern ItalyBorn: July 4, 1807 in Nice, FranceParents: Giovanni Domenico Garibaldi and Maria Rosa Nicoletta RaimondoDied: June 2, 1882 in Caprera, Kingdom of ItalyPublished Works:  AutobiographySpouse(s):  Francesca Armosino (m. 1880–1882), Giuseppina Raimondi (m. 1860–1860), Ana Ribeiro da Silva (Anita) Garibaldi (m. 1842–1849)Children: by Anita: Menotti (b. 1840), Rosita (b. 1843), Teresita (b. 1845) and Ricciotti (b. 1847); by Francesca: Clà ©lia Garibaldi (1867); Rosa Garibaldi (1869) and Manlio Garibaldi (1873) He lived an adventurous life, which included stints as a fisherman, sailor, and soldier. His activities led him into exile, which meant living for a time in South America and even, at one point, in New York. Early Life Giuseppe Garibaldi was born in Nice on July 4, 1807, to Giovanni Domenico Garibaldi and his wife Maria Rosa Nicoletta Raimondo. His father was a fisherman and also piloted trading vessels along the Mediterranean coast. When Garibaldi was a child, Nice, which had been ruled by Napoleonic France, came under the control of the Italian kingdom of Piedmont Sardinia. Its likely that Garibaldis great desire to unite Italy was rooted in his childhood experience of essentially seeing the nationality of his hometown being changed. Resisting his mothers wish that he join the priesthood, Garibaldi went to sea at the age of 15. From Sea Captain to Rebel and Fugitive Garibaldi was certified as a sea captain by the age of 25, and in the early 1830s he became involved in the Young Italy movement led by Giuseppe Mazzini. The party was devoted to the liberation and unification of Italy, large parts of which were then ruled by Austria or the Papacy. A plot to overthrow the Piedmontese government failed and Garibaldi, who was involved, was forced to flee. The government sentenced him to death in absentia. Unable to return to Italy, he sailed to South America. Guerrilla Fighter and Rebel in South America For more than a dozen years Garibaldi lived in exile, making a living at first as a sailor and a trader. He was drawn to rebel movements in South America and fought in Brazil and Uruguay. Garibaldi led forces that were victorious over the Uruguayan dictator, and he was credited with ensuring the liberation of Uruguay. Exhibiting a keen sense of the dramatic, Garibaldi adopted the red shirts worn by South American gauchos as a personal trademark. In later years, his billowing red shirts would be a prominent part of his public image. In 1842, he met and married a Brazilian freedom fighter, Ana Maria de Jesus Ribeiro da Silva, known as Anita. They would have four children, Menotti (b. 1840), Rosita (b. 1843), Teresita (b. 1845), and Ricciotti (b. 1847). Return to Italy While Garibaldi was in South America he stayed in touch with his revolutionary colleague Mazzini, who was living in exile in London. Mazzini continually promoted Garibaldi, seeing him as a rallying point for Italian nationalists. As revolutions broke out in Europe in 1848, Garibaldi returned from South America. He landed in Nice, along with his Italian Legion, which consisted of about 60 loyal fighters. As war and rebellions broke roiled Italy, Garibaldi commanded troops in Milan before having to flee to Switzerland. Hailed as an Italian Military Hero Garibaldi intended to go to Sicily and join a rebellion there, but he was instead drawn into a conflict at Rome. In 1849 Garibaldi, taking the side of a newly formed revolutionary government, led Italian forces battling French troops who were loyal to the pope. After addressing the Roman assembly following a brutal battle, while still carrying a bloody sword, Garibaldi was encouraged to flee the city. Garibaldis South American-born wife Anita, who had fought alongside him, died during the perilous retreat from Rome. Garibaldi himself escaped to Tuscany and eventually to Nice. Exiled to Staten Island The authorities in Nice forced him back into exile, and he crossed the Atlantic yet again. For a time he lived quietly in Staten Island, a borough of New York City, as a guest of Italian-American inventor Antonio Meucci. In the early 1850s, Garibaldi also returned to seafaring, at one point serving as captain of a ship that sailed to the Pacific and back. Return  to Italy In the mid-1850s Garibaldi visited Mazzini in London and was eventually allowed to return to Italy. He was able to obtain funds to buy an estate on a small island off the coast of Sardinia and devoted himself to farming. Never far from his mind, of course, was a political movement to unify Italy. This movement was popularly known as the risorgimento, literally the resurrection in Italian. Garibaldi was married for a few days in January 1860, to a woman named Giuseppina Raimondi, who it turned out was pregnant with another mans child. It was a scandal that was quickly hushed up. The Thousand Red Shirts Political upheaval again led Garibaldi into battle. In May 1860 he landed in Sicily with his followers, who came to be known as the Thousand Red Shirts. Garibaldi defeated the Neapolitan troops, essentially conquering the island, and then crossed the Strait of Messina to the Italian mainland. After matching northward, Garibaldi reached Naples and made a triumphant entry into the undefended city on September 7, 1860. He declared himself dictator. Seeking a peaceful unification of Italy, Garibaldi turned over his southern conquests to the Piedmontese king and returned to his island farm. Legacy and Death The eventual unification of Italy took more than a decade. Garibaldi made several attempts to seize Rome in the 1860s, but was captured three times and sent back to his farm. In the Franco-Prussian War, Garibaldi, out of sympathy for the newly formed French Republic, briefly fought against the Prussians. In 1865, he hired Francesca Armosino, a robust young woman from San Damiano dAsti to help his daughter Teresita who was ill. Francesca and Garibaldi would have three children: Clà ©lia Garibaldi (1867); Rosa Garibaldi (1869) and Manlio Garibaldi (1873). They married in 1880. As a result of the Franco-Prussian War, the Italian government took control of Rome, and Italy was essentially united. Garibaldi was later voted a pension by the Italian government and was considered a national hero until his death on June 2, 1882. Sources Garibaldi, Guiseppi. My Life. Tr. Parkin, Stephen. Hesperus Press, 2004.Garibaldi, Guiseppi. Garibaldi: An Autobiography. Tr. Robson, William. London, Routledge, Warne Routledge, 1861.Riall, Lucy. Garibaldi: Invention of a Hero. New Haven: Yale University Press, 2007.  Scirocco, Alfonso. Garibaldi: Citizen of the World. Princeton, Princeton University Press, 2007.

Thursday, November 21, 2019

Europa. Basic Information on the European Union Essay

Europa. Basic Information on the European Union - Essay Example The European Union was formed after the Second World War to promote cooperation on economic grounds amongst the European countries. The idea was that the nations which do business with one another are reliant on each other economically and will consequently avoid clashes and disagreement amongst themselves. In the year 1951, six European nations viz. Belgium, France, Germany, Luxembourg, Italy and Netherlands signed an agreement to unite their industries in the coal and steel sector so that there would not be any difference between them in future. After six years, they made a deal of ‘Treaty of Rome’ by forming the European Economic Community (EEC) with the idea of forming a common single market, the community later came to be recognized as the European Union. The elementary objective of the Treaty of Rome was the formation of a single economic region in Europe based on a universal market. The common market is a phase in the process of international integration which targets to remove all obstructions to intra market trade and plans to merge all the national markets to form a single market which would lead to conditions prevalent in an internal market. The formation of such a market needs liberalisation of business among the Union members and also makes free mobility of certain production factors such as labour, services and necessary capital. It further requires free establishment of business organisations and people in all the regions of the member nations for the purpose of exercising their business and professional activities. (Europa, n.d.). After the Treaty of Rome, the EEC detached all tariffs and duties on the goods which were traded within its territory. However, there were many differences in the requirements of packaging and saf ety measures followed by each Member nation, these disparities in business practices led to problems in selling the same products all over the European Region. The inability to reach the undisputed agreements required to change the scenario prevented the development of the single European market. In the early 1980s, the national economies of the European nations were disjointed, inflexible and very uncompetitive. European Union adopted ‘The Single European Act’ in 1986 under which certain important unanimous decisions could be taken to construct a boundary-less single market by the end of 1992. During this period, the EU formed one common regulation system for all its members and started following the code of joint recognition. In the early years of its formation, the European Union had crossed two major obstacles to the economic incorporation of Europe. They were the formation of custom union where the custom duties were removed, and the development of a general agricu ltural plan which was required for the liberal movement of agricultural products between the members of the European Union

Tuesday, November 19, 2019

Writing Essay Example | Topics and Well Written Essays - 250 words - 5

Writing - Essay Example Consequently, from his throne, God watches the inhabitants of the earth. Moreover, in Psalm 139: 7 -10, King David wonders where he can hide or flee from the Spirit of God since He is everywhere; in the sea, heaven, and in Sheol. Further, in Galatians 2: 20, God is supernaturally present in every place and at the same time. Moreover, the Book of 2 Chronicles 7: 2, also asserts the presence of God in the life of every person who believes in Christ (New Jerusalem Bible, 2 Chronicles 7: 2). These biblical evidences prove that God is everywhere and that nobody can hide from Him. The implication of the nature of God being omnipresent shows the greatness of His power. Since he is omnipresent, he is powerful and that is the reason He can exist everywhere and at the same time (Packer 25). Consequently, this feature of God shows that we cannot hide from Him because He sees us every time and in every place as He exists everywhere. For instance, the biblical Noah tried to hide from God but was never successful. Further, because of this attribute, human beings should never fear anything since God is everywhere and keeps watch over His

Saturday, November 16, 2019

Conducting a management project Essay Example for Free

Conducting a management project Essay Introduction The project, as requested by the manager; is to come up with the ways that my team can make more savings in the company for the company and for their own growth. This was because the company has not been making savings as they had targeted in the beginning of their business year and the savings are even less as compared to the other financial years yet the company still appears to be run under the same principals. The project is aimed at coming up with the research and recommendations for actions to be taken to manage and change the situation at the company and write a suitable report on this. The report written at the end of this research is going to benefit the company in generating more profits and the employees in self-development. It is also going to cultivate the culture of team work, innovation and entrepreneurial culture among the employees. Simply put, the benefits derived from project management increase in proportion to how well project management processes are used. A well -executed project will be completed on time, within its approved budget. A well-executed project will deliver higher product quality by managing the time to design and test the new product. It will provide great satisfaction to its team, and it will meet (or exceed) the customers’ expectations. In todays business environment, it is critical that each project is run in the most efficient manner possible. For a project-oriented business, it is equally imperative that all projects are managed consistently, so that the benefits of well -executed projects extend corporate wide. The data that was used in this research was collected from the employees, customers and other stakeholders in the company. In preparation for the data collection, it is important to note that a diverse sample of the host companys employees is required in order to address the breadth of the organizational structure and the full range of roles and responsibilities of participants. Input to the list of interview participants should be secured from the company sponsor, but it   is the assessors function to challenge the sample to ensure it meets the needs of a balanced assessment. The assessor should recognize a tendency of most sponsors to provide participants who already are highly rated and can demonstrate high performance.   The participant pool needs to include these participants, but not be limited to them. All divisions of the corporate structure should be represented, including functional and supporting departments. In selecting the interview sample, the assessor should consider the population density of the host company’s divisions, revenue generated by the divisions, project count or cost, or several other attributes. The total number of interviews to be conducted must be limited to a number that is appropriate for the size of the host company; it is organizational structure and the time period in which the study is required. These factors also drive the composition and size of the assessment team. The methods used in the collection of data and information include; use of questionnaires, observation, collecting samples, taking pictures, oral interviews, reading on recorded materials. The process was not that easy since it was hard to get some confidential information especially on the accounts records of the company and some of the employees felt like they were being spied on and did not give the precisely correct information. Also collecting information from my seniors proved to be a bit hard, but all in all the information and data required for the research was successfully corrected. In all the methods used face to face conversation proved to be the best way to obtain information. Some of it advantages include; A people -to-people tool within a people oriented business Project management is ultimately a people -oriented business that requires personal interactions by and between all of the project team members. Face-to-face interviewing extends this principle to maturity assessments. Not only does the interview provide an interpersonal connection between the interviewer and the interview participant, it allows the interviewer to begin to assess the â€Å"people skills† of the personnel assigned to manage projects at the subject company. Interview participants who display grace and condor during the interview are more likely to carry those traits into their project teams, and are more likely to be open to the recommendations for change or improvement that will flow from the assessment study. Conversely, interview subjects who are less cooperative or more belligerent during the interviews are less likely to readily adopt new suggestions. Reveals actual, as well as intended behaviours conducting face-to-face interviews allows the interviewer/assessor to discover how the project team members at the subject company conduct their project business on a day-to-day basis. It is the only tool in the assessors toolbox that provides a means to evaluate the validity of several of the other tools, such as a review of policy manuals, or a project document search. Policy statements and procedures manuals provide guidance into how the subject company believes it should or wants to do work. By engaging project team members in open conversations, the interviewer can elicit comments that reveal, â€Å"What we really do† vs. â€Å"what we think we do† or â€Å"what we are supposed to do?† Additionally, by discussing different types of project reports with the people who write them, or use them, the assessor can gain insight into the value placed on each report. A simple document review, while important, can only indicate that a report exists, not that it is a valued tool, used by the project team to help control their projects, or by management to monitor progress. Provides opportunity to observe the corporate culture of the subject company. Corporate culture creates different patterns of behaviour at different companies that can have a significant impact on the outcomes of projects. The degree of openness to hearing and dealing with project issues, demonstrating appreciation for project successes, and the amount of information sharing between functional groups working on a project all contribute to the ultimate success of a project. All companies probably would respond affirmatively to possessing these traits; not all companies truly demonstrate these traits positively. During one-on-one conversations with working- level project team members, the assessor can learn how well the subject company responds to project information, or how often it â€Å"shoots the messenger. Difficulties associated with face-to-face interviews Need to establish credibility of assessors As an outsider, the assessment team will often encounter a â€Å"Who-are -you-and-why-should -I-give-you-any-of- my time?† reluctance to participate amongst the project management community at the subject company. This attitude can stem from two general sources: a general distrust of consultants and management’s motives for hiring them; or insufficient information about the assessors’ credentials. Neither of these difficulties is insurmountable, but neither can be ignored. And both can be addressed initially by a carefully worded introduction from the assessment’s sponsor within the host company. The sponsor for the assessment necessarily must possess sufficient status within his/her own organization to approve, or be able to solicit approval for the funding needed to conduct the assessment study. This status can be leveraged to convey the credentials of the assessment team to the host organization. The assessors must be introduced to the project management community in terms that readily establish the expertise and experience of the assessment team with this type of work. This also implies that the assessment team must be comprised of, or, at the least, be led by experienced, senior project managers, whose personal credentials will inspire confidence in the interview participants. Need to secure cooperation of interview participants. The assessor also needs to recognize that many people within the host company’s project management organization(s) will not view the assessment in an entirely positive light. Although the study is intended to be a continuous-improvement effort, it may still be perceived to stem from something being wrong, or judged to be not good enough. The outside assessor could be viewed as Management’s vigilante enforcer, coming in to identify and punish the under-achievers in project management. The assessor must defuse this impression, a task that can best be done if the assessor knows where the host company’s â€Å"sore spots† exist and why the host company has elected to conduct the assessment. Here again, the status of the assessment sponsor can be of great help in overcoming the reluctance of the interview participants. The sponsor’s introduction of the assessment team can be used to share the rationale for the study and remove much of the apprehension that could surround it. Need to prepare thoroughly. During each interview, it will be beneficial to allow conversation to flow in a freewheeling manner, rather than following a rigid, checklist question and answer. For this to work, the assessor/interviewer must be adequately prepared to conduct the interview. The assessor must know the assessment model in great detail, and be able to detect different levels of maturity for each knowledge area, regard less of whether or not the interview respondent uses catch phrases and key words from the model in his/her comments. It is the assessor’s responsibility to be able to take appropriate notes during the interview without disrupting the flow of the interview by having to shuffle papers or stumble from one topic to the next. The assessment team can help prepare for the interviews by constructing an easy -to-use interview form that guides them through the different areas, and offers reminders of key phrases to listen for. By creating the form, the team members will increase their familiarity with it, and find it more beneficial as a guide. Additionally, by constructing their own form, the assessment team members will afford themselves the opportunity to reacquaint themselves with the details of the assessment model. Compiling, synthesizing, and evaluating the information from all interviews. Specific data from individual interviews can be compiled if a set of common questions, with a short range of possible answers, is used for all interviews. In this circumstance, it is recommended that a set of standard analytical measures are identified prior to the interview phase, but it should not be assumed that these standard measures will adequately address the entire information content collected. The synthesis of the information is a process that requires the individual assessors to subjectively analyse the comments they heard and recorded during the interviews and identify common themes and touch-points along the maturity continuum. The assessors must then collaborate to yield consistent interpretation of the interview and confirm that the data gathered is appropriate for further evaluation. The assessors must collectively review the compiled data, interrogate it for trends and errors, and determine whether trends identified warrant further analysis. From the information gathered in data collection, many things can be realised; there is no transparent audit of the books of accounts in the company, the employees are taking bribes from the customers in return for unauthorised favours, the employees are very relaxed in their work and lack motivation, the board members are conduction the staffing process in a questionable manner, the employees were taking unnecessary and expensive trips at the expense of the company, the directors have very high unwarranted allowances, the taxes due to the government are not fully settled and the overall running of the firm is questionable. The things that need to be done urgently to make sure that the company is saved from being bankrupt and that it gives some profits are; there should be an immediate external audit of all the books of accounts in the firm, the recruitment and staffing in the firm should be done on the basis of qualification and therefore there should be a vetting process to eliminate all those who are there illegally, all the directors should be vetted and those found to be corrupt should be retrenched, the company should have a new board of directors, all the employees should sign a performance contract which should be followed strictly. Conclusions; the use of face-to-face interviews in Project Management Maturity Assessments has proven to contribute most and convey the project management actualities within any host organization. If executed correctly, the face-to- face interview will yield most insight into the host organizations current maturity and point to pockets of excellence as well as areas requiring correction. Although it is not recommended that an assessment be conducted using only face-to-face interviews, it is strongly recommended that a face-to-face interview always be included in an assessment. References Dove, K. E. (2002).  Conducting a successful development services program: A comprehensive guide and resource. San Francisco, CA: Jossey-Bass. Fernald Environmental Management Project (U.S.), United States., United States., United States., Lippitt, J. M., Kolthoff, K. (1995).  Successful completion of a RCRA closure for the Fernald Environmental Management Project. Washington, D.C: United States. Dept. of Energy. Thomsett, M. C. (2002).  The little black book of project management. New York: AMACOM. Tjahjana, L., Dwyer, P., Habib, M. (2009).  The program management office advantage: A powerful and centralized way for organizations to manage projects. New York: American Management Association. Weir, J. R. (2009).  Conducting prescribed fires: A comprehensive manual. College Station: Texas A M University Press. Wysocki, R. K., Beck, R., Crane, D. B. (2000).  Effective project management. New York: Wiley.

Thursday, November 14, 2019

BRILLIANT MINDS :: Essays Papers

BRILLIANT MINDS Abstract Frank and Lillian Gilbreth were two of the great pioneers of in the study of Scientific Management. Two of there major writings were on Fatigue Study and Motion Study. Business scholars use many of their writings, today. Many of their results affect the work conditions in many companies. Brilliant Minds of Frank and Lillian Gilbreth Frank Gilbreth was born on July 7, 1868 in Fairfield, Maine. Lillian Gilbreth was born on June 24, 1924 in Montclair, New Jersey. The Gilbreths' are considered two of the greatest American scholars in the field of scientific management. Many professional business managers use many of their writings. Many of their writings include The Psychology of Management, Fatigue Study, Motion Study for the Handicapped, Applied Motion Study, Motion Study, Primer of Scientific Management, Bricklaying System, and Concrete System. One of the great literary writings by the Gilbreths was the study of motion. Motion study is a means to permanent and practical waste elimination (Gilbreth, 1917). This work is aim to describe the work areas that motion study can be or is being applied and different methods to apply to the study. Finally, the result of the study. Motion study was mainly used in American Industry. The goal of this study was to eliminate unnecessary effort used in the industry to as low as possible. The improvement of a job task while increasing productivity was the result. The American industrial sector was used because it was expanding during this time and America needed to improve industrial techniques to remain competitive against other countries. Motion study analyzed every detailed in the operation to perform a particular task and determined the method which used the least amount of energy. An example of this research is the assembly of piece used in the production of the braider manufactured by the New England Butt Company (Gilberth 1917). After analysis using motion study there was a three hundred and fifty percent increase in production with no increase in worker fatigue (Gilbreth 1917). The analysis consisted of what is the unit of measure, the difference methods used, and devices needed. All three are needed to be in corporated to obtain a result. The use of chronocyclegraph motion devices was another method used in motion study. Chronocyclegraph devices were used in the study to formulate a precise scientific conclusion to an investigation. Clocks, temperature, and location devices was used during the study.

Monday, November 11, 2019

Parker

PARKER : Penning global strategy Ankita Jain Hrishikesh V Nilotpal Sinha Abhinav Sharma Great Lakes Institute of Management November 18, 2011 Caesar had perished from the world of men, had not his sword been rescued by a pen. Abstract In this study, we look at two strategies adopted by Parker Pen. The ? rst is a highly successful strategy of product di? erentiation through technological innovation. The second is an unsuccessful execution of globalization strategy. 1 A brief history of Parker Pen The Parker Pen Company was born in 1888 when George Sta? rd Parker tried to repair some fountain pens that were leaking and in the process began to manufacture his own pens. Six years later in 1894, Parker Pen won the patent of the †Lucky Curve† feed, which was claimed to draw excess ink back into the pen body when the pen was not in use. This technology remained the di? erentiating factor for Parker pens until the arrival of the Duofold in the 1930s. 1 2 The forty years period ra nging from 1920s to the 1960s, in the pre ballpoint pen era, was the golden period of Parker Pen’s reign when it consistently ranked either number one or number two in worldwide writing instrument sales.In 1931 Parker Pen created 1 2 Key words and phrases. Parker Pen, fountain pen, ball-point pen. This study was conducted for completion of the group project for Strategy Execution. 1 the Quink (quick drying ink) which eliminated the need for blotting and led to the development of the most widely used pen in history Parker 51 which generated over $400 million in sales. A Parker pen stood for quality, prestige, tradition, steadfastness and strength highlighted by the fact that Parker pens were the pen of choice to sign important documents in history such as the World War II armistices.Parker Pen expanded its business and by 1980s the company had extended up to 154 countries. The company adopted globalization strategy to establish market presence. However the execution of this st rategy was unsuccessful; the managers failed to create proper marketing strategies that would have made them compete in international markets with inexpensive products from other parts of the world. In 1993 Parker Pen was acquired by the Gillette Company, which already owned the PaperMate brand, one of the best-selling disposable ballpoints.In 2000, Gillette sold the writing instruments division to Newell Rubbermaid, whose own Stationery Division, Sanford, became the largest in the world owning such brand names as Rotring, Sharpie, Reynolds as well as Parker, PaperMate, Waterman and Liquid Paper. In recent years, Parker Pen has abandoned both the entry level market as well as the traditional retail outlets in North America and moved into up-scale luxury retailers. 2 Innovation as a di? erentiation strategy Throughout its history, Parker Pen has used technological innovation as a strategy to di? erentiate itself from the competition.The company has been a pioneer in research on writi ng instruments and introduced several revolutionary products . In this section, we look at some of the iconic products from Parker Pens which have driven both the company as well as the pen market. (The current portfolio of Parker Pen’s products can be found in Ref. [1]) 2. 1 Duofold – 1921 In 1921 the company introduced the Parker Duofold (Ref. [2]) fountain pen. It was a state of the art pen for its time and Parker Pen positioned the Duofold in the premier segment and priced it expensively $7. 00, equivalent to about $85 in 2011.In 1926 the Duofold became the ? rst pen in the world to have a guaranteed life of †forever†. It was an instant success. Sir Arthur Conan Doyle used one to write the exploits of Sherlock Holmes. General Douglas MacArthur signed the document ending World War II in the 2 Paci? c with his 20 year old Duofold (Ref. [3]). By the early 1930s the Duofolds design had grown dated in the USA but it remained popular in Europe until the 1960s . In 1988, Parker launched the Duofold Centennial series of pens. The modern Duofold is a key part of Parker Pens product portfolio. . 2 Quink – 1928 In 1928, after three years of research and an investment of $68,000, Parker Pen came up with Quink (a portmanteau word from ’quick’ and ’ink’; also known as Double Quink and Parker 51 Ink) that would eliminate the need for blotting. The success of Quink lay in the fact that it had a number of useful features: it resisted water, it did not clog, it had the desired quality of ink ? ow, it resisted moulding, it was non-corrosive, it did not leave deposits, it did not fade, and, most importantly, it was quick-drying.However, the new ink was strongly alkaline and contained isopropyl alcohol, a solvent not previously used in inks, which often damaged the pen barrels of that time which were manufactured using pyralin. This problem eventually led to the development of the world’s most successful pen, t he Parker 51 in 1941. In 1941, when the Parker 51 was launched, Double Quink was renamed and repackaged as †Parker 51 ink† as a marketing initiative. Parker Pen’s ink sales became the key to maintaining the company’s pro? tability.This revenue generation model is used by the modern day computer printer companies, whose main source of revenue comes from the sale of printer cartridges. Further enhancements were made to Parker Pen inks with its revolutionary †Super Chrome† ink. This ink was marketed in 1947 after a research period that lasted 17 years and cost over $200,000. This was the ? rst basic ink improvement in the last three centuries. Today, more than seventy years later, Quink is still the world’s biggest selling pen ink. 2. 3 Vacumatic – 1933 The Parker Vacumatic (Ref. 4]) fountain pen was introduced in 1933, as a replacing the Duofold as Parker’s top-of-the-line product. The Vacumatic featured a new ? lling mechanis m which boasted a much higher ink capacity than the Duofold. The pen remained Parkers top-of-the-line product until the launch of the Parker 51 in 1941. The US production continued through 1948, and until 1953 in Canada. 3 2. 4 Parker 51 – 1941 In 1941 Parker Pen introduced the Parker 51 (Ref. [5]) which arguably is the best pen of all time both in terms of popularity and sales. General Eisenhower signed the victory in Europe in 1944.The futuristic design of the Parker 51 heralded as †Ten Years Ahead† of its time, a revolutionary pen, with its hooded, tubular nib and multi-? nned collector, all designed to work in conjunction with the pen’s proprietary ink, allowing the nib to stay wet and lay down an even line with either the ultra-fast drying ink or more traditional inks. It was advertised as the ’The Worlds Most Wanted Pen’ which created huge demand which took Parker several years to ful? l. By 1970, the Parker 51 generated over $400 millio n in sales, higher than that generated by any single pen ever. 2. 5Jotter – 1954 In the 1940, the world had seen a ? erce battle for market share fought between the traditional fountain pens and the new ballpoint pens. Despite some initial success, ballpoint pens died a consumer death and by 1951, the fountain pen became the pen of choice of the world. In 1954, Parker Pens introduced its ? rst ballpoint pen, the Jotter which wrote ? ve times longer than the best ballpoint pens available in the market, the Eversharp and the Reynolds ballpoint pens. It was the introduction of Jotter that revived the ballpoint pen market. Parker sold 3. 5 million Jotters at $2. 5 to $8. 75 in less than one year. In 1957, Parker Pen introduced the T-ball Jotter with tungsten carbide textured ball bearing which to this date remains an industry standard. The famed styling of the Parker Duofold was revived in 1972 as a ball pen and within the next decade, ballpoint pens overtook fountain pen as the number choice of pen in the world. 3 Rise of competition – 1980s After about a century of dominating the ? ne writing instrument market, Parker Pen entered into a period of crisis in the 1980s and the reason for this was that the company was driven by the wrong strategy.Parker was facing competition from three fronts. First, the Japanese were mass marketing cheaper and disposable pens and had captured a large portion of the low end market in USA and Europe and were gradually eating into Parker Pen’s market share. Second, like the Japanese, American brands such as Paper Mate, Bic, Pilot, and Pentel had created signi? cance presence in the low end segment and gradually eroding and were pulling away parker Pen’s customer. Third, in the high 4 end segment which had been Parker Pens main target segment, competition had become ? ercer with reputed German brands such as Montblanc and A.T. Cross making progress in the European markets. 4 Globalization strategy – 1982 Parker Pen faced two contrasting challenges. On one side the weakened dollar generated high foreign revenue since about 80% of the company’s sales were abroad, the pro? ts derived from those sales represented even big pro? ts when translated to local currency. But on the other side, this over dependency on foreign sales exposed the company to foreign competitors, especially the inexpensive brands from Japan which used low pricing as a strategy to compete in the international market.Parker Pen realized that a competitive strategy based on product di? erentiation through technological innovation was not su? cient to thwart the challenge from competitors. In 1982, James R. Peterson became the CEO of Parker Pen,having joined it from Reynolds. He was given the responsibility of reinventing the brand. Peterson decided to launch a global marketing campaign to target all market segments. A consequence of the decision to adopt globalization was standardization. Everything includi ng products as well as marketing campaign was to be standardized for all the markets across the world. Issues in executing globalization strategy When Peterson took over Parker, he was met by a highly proud, mismanaged company that prided itself on its extensive decentralization. The atmosphere re? ected the founders pride in the fact that they had a unique pen for every place in the world. They were a federation of autonomous geographical units. It became immediately clear to Peterson that huge changes were on the anvil. The immediate problems were twofold. The ? rst was the products positioning. Having positioned itself at the higher end of the market for a signi? ant part of the previous century, it had now began to face problems with regard to its image. It was clear that a complete clarity of its brand positioning and image was essential. The second issue that confronted Peterson was its complete ine? ciency in managing its product portfolio. When Peterson entered Parker, it di dnt even have a proper idea of the range of products that it was manufacturing. It was a situation of complete chaos 5 with more than 500 products in simultaneous existence. Its decentralized structure had completely turned against its pro? ability, resulting in every distant subsidiary and distributor involved developing a customized product for that particular market. While the company was proud of its decentralized multinational structure, it was ailing on account of an obvious lack of economies of scale and a uni? ed command and strategy. The company clearly lacked a common driving force across markets. However, this decentralization had its positive aspects as well, most notably in the area of advertising. Pens meant and mean di? erent things to di? erent people.While the Europeans tended to choose a pen based on its style and feel, people in less-developed countries tended to see a pen as nothing more than a badge of literacy. Within Europe itself for instance, tastes tended t o vary from one country to another. While the French showed a de? nite attachment to the fountain pen, the Scandinavians favoured the ballpoint pen. The company justi? ed the existence of numerous advertising agencies in its employ feeling that while it bred a certain amount of ine? ciency, it paid o? from a sales standpoint. Many individual advertising ? ms were able to develop excellent customized messages for their audience that successfully struck a responsive chord within them. For instance, the Lowe Howard-Spink agency in London was able to make the UK division of Parker the most pro? table division during its tenure. Its creative genius is clearly visible in the advertisement that it created showing a dead plumber with a giant Parker pen protruding from his heart. The situation seemed bleak to Peterson. He immediately implemented a strategy by which Parker would position itself in the entry-level segment.He felt that in the face of the trends at that time, this would be the i deal positioning that would succeed in turning around the company. He also dissociated Parker from the numerous advertising ? rms that it was associated with, retaining only one, Ogilvy and Mather, to oversee a worldwide common strategy in terms of communication and advertising. However, this strategy failed miserably on two counts. It failed to provide a customized communication strategy to each market and thus failed to account for the cultLural di? erences across geographies.It also failed to leverage the premium positioning of the brand and reduced it to an entry-level brand. 5. 1 Two speci? c cases of execution failures The following examples show two speci? c cases of execution failure by Parker Pen. 6 (a) At a corporate level, Parker Pen targeted almost all market segments. However at the business level, management failed to introduce products which would cover the market segments with middle and lower income levels. This allowed competitors with inexpensive products to take up the market. (b) Some of the marketing campaign failed to adjust to the local environment.For example, when Parker Pen ? rst expanded their market to Latin America, they wanted their advertisement to say, †It won’t leak in your pocket and embarrass you. † The company did not realize that the Spanish word †embarazar † has two meanings; it means †to embarrass,† and it also means to †impregnate. † So, to some unsuspecting people, the ad read: †It won’t leak in your pocket and make you pregnant. † (Ref. [6]) 6 Acquisition of Parker by Gillette and beyond In May 1993, Gillette announced its acquisition of Parker Pen Holdings Ltd (Ref. [7]). (See Exhibit X).This made Gillette the world leader in the pen market. Gillette took an after-tax charge of $164 million for a reorganization of its overseas operations, including the integration of the Parker Pen facilities into the Gillette structure. Nearly 2000 jobs were l ost as a result of this restructuring process. Gillette sold the writing instruments division to Newell Rubbermaid, whose own stationery division, Sanford became the largest in the world with brand names such as Rotring, Sharpie, Reynolds as well as Parker, PaperMate, Waterman and Liquid Paper under its umbrella.The next few years were one of a complete downsizing of Parker, marked by job losses across the board. In July 2009, the 180 workers at the Parker headquarters of Newhaven, UK were given notice that the factory was going to be shut down on account of the production moving to France. On August 18, 2009, Newell Rubbermaid announced that Janesville Wisconsin would close the remaining operations of Parker. This resulted in the loss of 153 jobs. According to the company, †This decision is a response to structural issues accelerated by market trends and is in no way a re? ction on the highly valued work performed by our Janesville employees over the years. † Newell Rub bermaid stated an o? er of transitional employment services and severance bene? ts. What remained of the Parker brand was moved to the upscale segment of the writing instrument market and was sold via luxury retailers. Traditional retail outlets were abandoned. This completely removed the brand from the entry level segment of the market. 7 In 2011, Parker Pen announced the ? nest innovation in the history of writing, Parker 5TH Technology which o? ers a genuine ? th way of writing. Until then the world knew only four forms of ? ne writing – fountain pen, ball point, roller ball and the mechanical pencil. ground-breaking innovation has rea? rmed placed Parker as leaders in terms of both innovation and market share. 7 7. 1 Exhibits Financial statement 8 7. 2 Product display Duofold – Lucky 8 Limited Edition Ingenuity Parker 51 9 7. 3 Current product portfolio TABLE I T ype Ink Quink Fountain Pen Duofold, Premier, Sonnet, Vector, IM Ballpoint pen 7. 4 M odel Facet, Execut ive, Esprit, Frontier, Urban, I. M. , Vector JotterAcquisition of Parker by Gillette References [1] http://parkerpens. net/catalogue/parker catalogue 2009. pdf [2] http://www. parkerpen. com/en/discovery/range/iconic/duofold [3] http://www. patricktaylor. com/parker-duofold [4] http://www. vintagepens. com/Parker Vacumatics. shtml [5] http://www. pentrace. net/penbase/Data Returns/full article. asp? id=468 [6] http://parkerpens. blogspot. com/2007/09/advertizing-campaings-that-wentwrong. html [7] http://www. nytimes. com/1993/05/08/business/company-news-gillette-completesacquisition-of-parker-pen. html 10

Saturday, November 9, 2019

The Perfect Storm

Severe Weather Analysis THE PERFECT STORM Due: March 25, 2010 50 Points Using data from the NOAA (National Oceanic and Atmospheric Administration) and NCEP/NCAR (National Centers for Environmental Prediction/National Center for Atmospheric Research) and any other peripheral sources, please provide a discussion and analysis of the severe weather events surrounding the loss of the Andrea Gail and rescue of the Satori as presented in the book, The Perfect Storm, by Sebastian Junger. You are given the following clues: 1. Dates: 27 October 1991 – 1 November 1991 2. General location: North Atlantic Ocean, latitude/longitude coordinates from text 3. Events as portrayed in the novel. 4. The NOAA special storm report for this event (below) From these initial data points, use maps, the library, the internet and your knowledge to develop a more fully synthesized description and explanation of weather events as they relate to the events experienced by the crew of the Andrea Gail, Coast Guard and yacht Satori. NOAA page for the â€Å"Perfect Storm† http://www. ncdc. noaa. gov/oa/satellite/satelliteseye/cyclones/pfctstorm91/pfctstorm. html The following websites will be useful to develop maps. http://www. cdc. noaa. gov/Composites/Day/ http://www. cdc. noaa. gov/cgi-bin/Composites/printpage. l To characterize the storm and its development, and to relate these factors to the story, you may map any variable/aspect of the days that these events were occurring. Consider and present factors such as storm intensity and track, fronts, jet stream and surface winds. I suggest using (mapping) some of the following variables: temperature, specific humidity (for moisture), vector wind and geopotential height (to show pressure disturbances) to represent the atmosphere at the surface, and possibly at other levels such as the lower troposphere (850 mb), middle troposphere (500 mb) and upper troposphere (300 mb). Based on what you know of storms, describe how the atmospheric environment contributed to the development of the weather systems that destroyed the Andrea Gail. You have been given the what, the when and the where – you must provide the why and the how. Deliverables: Technical memorandum: Minimum of 3 typed pages of text diagnosing the weather event and relating specific portions of the storm’s anatomy to the location of the vessels and events in The Perfect Storm, plus maps. Cite all references and images. The Perfect Storm Severe Weather Analysis THE PERFECT STORM Due: March 25, 2010 50 Points Using data from the NOAA (National Oceanic and Atmospheric Administration) and NCEP/NCAR (National Centers for Environmental Prediction/National Center for Atmospheric Research) and any other peripheral sources, please provide a discussion and analysis of the severe weather events surrounding the loss of the Andrea Gail and rescue of the Satori as presented in the book, The Perfect Storm, by Sebastian Junger. You are given the following clues: 1. Dates: 27 October 1991 – 1 November 1991 2. General location: North Atlantic Ocean, latitude/longitude coordinates from text 3. Events as portrayed in the novel. 4. The NOAA special storm report for this event (below) From these initial data points, use maps, the library, the internet and your knowledge to develop a more fully synthesized description and explanation of weather events as they relate to the events experienced by the crew of the Andrea Gail, Coast Guard and yacht Satori. NOAA page for the â€Å"Perfect Storm† http://www. ncdc. noaa. gov/oa/satellite/satelliteseye/cyclones/pfctstorm91/pfctstorm. html The following websites will be useful to develop maps. http://www. cdc. noaa. gov/Composites/Day/ http://www. cdc. noaa. gov/cgi-bin/Composites/printpage. l To characterize the storm and its development, and to relate these factors to the story, you may map any variable/aspect of the days that these events were occurring. Consider and present factors such as storm intensity and track, fronts, jet stream and surface winds. I suggest using (mapping) some of the following variables: temperature, specific humidity (for moisture), vector wind and geopotential height (to show pressure disturbances) to represent the atmosphere at the surface, and possibly at other levels such as the lower troposphere (850 mb), middle troposphere (500 mb) and upper troposphere (300 mb). Based on what you know of storms, describe how the atmospheric environment contributed to the development of the weather systems that destroyed the Andrea Gail. You have been given the what, the when and the where – you must provide the why and the how. Deliverables: Technical memorandum: Minimum of 3 typed pages of text diagnosing the weather event and relating specific portions of the storm’s anatomy to the location of the vessels and events in The Perfect Storm, plus maps. Cite all references and images.

Thursday, November 7, 2019

Free Essays on Teenage Sex

Teenage Sex Teenagers in the United States are experimenting with sexual activities more and more today than ever before. According to Charles Krauthammer, "Sex oozes from every pore of the culture and there's not a kid in the world who can avoid it." (Meier, 1994, p. 7). Teenagers are surrounded by some sort of sexual connotations all the time. Whether it is television, radio, school, or even the Internet, teenagers are hearing the affects of sex on our society. The price that teenagers pay for being sexually active greatly outweighs any advantages. The period of puberty occurs somewhere between the ages of 10 and 14 for most but can vary for different people. Heredity, health problems, and emotional and physical stress can cause these variations. Teens begin to experiment with the opposite sex by hugging, kissing and other forms of sexual _expression. People are capable of creating babies as soon as puberty begins. Teens also watch more television and listen to more music developing their own unique personalities. According to one study, about 65,000 sexual acts or comments on prime-time television occur every year (Meier, 1994, p. 9). In the movies or on television, the actors and actresses make sex look easy, fun and glamorous. It appears to be something everyone is doing. On television shows like "Dawson's Creek", sex is usually the major topic of the entire show. Whether it is guys and girls, guys and guys, girls and girls, or multiple persons of each sex, the sex act itself is a major conflict. Movies, such as "Cruel Intentions", portray sex as a game. The main characters are placing bets on each other that one of them will have sex with some girl who is against the idea of premarital sex. That movie is rated R, but little kids were in there with their parents. Those types of movies are not meant for a young audience. Now those kids might end up having sex when they become teenagers. Those same teenagers might often be the one... Free Essays on Teenage Sex Free Essays on Teenage Sex Teenage Sex Teenagers in the United States are experimenting with sexual activities more and more today than ever before. According to Charles Krauthammer, "Sex oozes from every pore of the culture and there's not a kid in the world who can avoid it." (Meier, 1994, p. 7). Teenagers are surrounded by some sort of sexual connotations all the time. Whether it is television, radio, school, or even the Internet, teenagers are hearing the affects of sex on our society. The price that teenagers pay for being sexually active greatly outweighs any advantages. The period of puberty occurs somewhere between the ages of 10 and 14 for most but can vary for different people. Heredity, health problems, and emotional and physical stress can cause these variations. Teens begin to experiment with the opposite sex by hugging, kissing and other forms of sexual _expression. People are capable of creating babies as soon as puberty begins. Teens also watch more television and listen to more music developing their own unique personalities. According to one study, about 65,000 sexual acts or comments on prime-time television occur every year (Meier, 1994, p. 9). In the movies or on television, the actors and actresses make sex look easy, fun and glamorous. It appears to be something everyone is doing. On television shows like "Dawson's Creek", sex is usually the major topic of the entire show. Whether it is guys and girls, guys and guys, girls and girls, or multiple persons of each sex, the sex act itself is a major conflict. Movies, such as "Cruel Intentions", portray sex as a game. The main characters are placing bets on each other that one of them will have sex with some girl who is against the idea of premarital sex. That movie is rated R, but little kids were in there with their parents. Those types of movies are not meant for a young audience. Now those kids might end up having sex when they become teenagers. Those same teenagers might often be the one...

Tuesday, November 5, 2019

Police wasting time - Emphasis

Police wasting time Police wasting time The police often have a hand in giving out long sentences. Now theyre writing them. A potentially record-breaking 102-word single sentence appears in the Association of Chief Police Officers comeback to a government report on policing. Heres the offending passage (note do not attempt to read this before operating heavy machinery): The promise of reform which the Green Paper heralds holds much for the public and Service alike; local policing, customized to local need with authentic answerability, strengthened accountabilities at force level through reforms to police authorities and HMIC, performance management at the service of localities with targets and plans tailored to local needs, the end of centrally engineered one size fits all initiatives, an intelligent approach to cutting red tape through redesign of processes and cultures, a renewed emphasis on strategic development so as to better equip our service to meet the amorphous challenges of managing cross force harms, risks and opportunities. If you made it to the end: well done. This kind of meandering, jargon-heavy sentence would almost certainly lose most readers a quarter of the way through: 35 words should be the maximum length in such a document. Although a spokeswoman did hold her hands up on behalf of the police chiefs verbosity, she also posed the defence that the piece was written primarily to persuade civil servants. She claimed it was therefore written in a language familiar to them. The civil servants weve worked with certainly deserve a lot better. But if shes right about ACPOs audience, its little wonder that were all prisoners to paperwork.

Saturday, November 2, 2019

Sample Exam Paper Questions Essay Example | Topics and Well Written Essays - 1500 words

Sample Exam Paper Questions - Essay Example Then UNIQLO concentrates on different market segments using the tools of sales planning, sales promotion, and visual merchandising (UNIQLO official website). The company makes families as their focal point of sales and it keeps wide variety of models so that the customers can choose what they require. UNIQLO operates on the basis of the Ansoff’s matrix theory which says market development and product diversification are the two best techniques to enter into a new market segment (QuickMBA). Since the designers are familiar with the geographical peculiarities of each area, they give more priority to cultural designs which are highlighted in the visual merchandising. The product demonstration has a very effective role in entrancing and dominating a market as it is the fact that ‘first impression is the best impression’. 2. UNIQLO is one of the prominent leading companies with highly extended worldwide network. This large scale network reduces the material costs as it engages in large scale production and purchases. At the same time the commitment to buy 100% of the raw materials of a particular dealer adds to the diminished material costs. The intension to conquer the raw materials at the minimized prices reduces the quality of the materials which eventually leads to less worth products. This puts pressure on the supply chain of UNIQLO. The decision of UNIQLO to dissect the supply chain in order to differentiate the areas of highest and lowest costs gave way for the mismatching of the coordination between the dissected supply chains. It was concluded that reduction in the number of fabrics, designs and cuts resulted in cost effective mass production. As Hoffman and Wimbish (2009) state, changing to mass production encourages the sacrifice of style and excitement which would have an effect on the supply chain (p.10). According to the ‘Product Life Cycle’ theory, the commencement of a product in the market attains utmost customers du ring the business enlargement (The Product Life Cycle PLC). To illustrate, subsequent to the market stabilization, the product becomes mature. Gradually superior competitors overtake the product which leads to the declination and eventually the pulling out of the product. As per the ‘Product Life Cycle’ theory every product goes by the introduction, growth, maturity and decline stages. The desire of mass production and low cost production should not be a barrier for the essence of the quality of products being produced. Effective managerial strategies are one of the key issues to minimize the pressures on the supply chain such as framing of an effective managerial team with innovative thoughts, online feedback collection of the customers etc. Store revolution and streamlining product offerings would add to the efficiency. In the view of ‘Product Life Cycle’ theory product and brand differentiation play vital role in the maturity stage of a product. Product promotion and media utilization becomes essential aspect when the product is in the decline stage. Hence the maturity strategy of PLC needs to be considered during the encouragement of product offer. 3. Online customer engagement refers to the interaction between customers and company through an online medium. It enables the company to market their products and identify the changing tastes and preferences of the customers through online feed back collection. It is the least expensive