Race Relations in Modern American Society Essay - 1587 Words

Race Relations in Modern American Society Race relations are an ever prominent issue in American society. Controversies focusing around race are a commonly seen smeared across the front page of the newspaper or headlining on the evening news. The opposition is usually between a minority group and The Man, a colloquialism used by many Blacks to refer to the overwhelming power stemming from white racist tendencies. This racial tension can sometimes can cause the oppressed to band together against the oppressor. Many times, the most prevalent link is between the African American community and the Latino community. Here we find two groups of people with very similar lifestyles who find camaraderie between themselves when dealing†¦show more content†¦Mexicans were kicked out of their native lands and killed in wars over territory. Mexican American today face many of the same acts of individual racism as Blacks but there is even more of a similarity between the institutional racism that both groups face. Acts of i nstitutional racism are rules or laws set up in society to directly and systematically exclude certain people from obtain total assimilation and often directly impact one’s quality of life. Items such as zoning laws, housing and employment availability and quality of education seem to be set up so that these two groups will never be able to escape what is referred to as a web of pathology. Even more so, Mexicans have to deal with institutional racism in immigration laws. Many theorists believe that this is the reason Blacks seem to be confined to the ghetto and Mexicans to the barrio. Many of those who have been unable to escape their surroundings have chosen to separated rather than assimilate. 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The Battle Of The Atlantic - 1659 Words

Introduction The Battle of the Atlantic was the longest lasting battle of World War II. The Battle was to control the Atlantic Shipping Lanes and lasted from September 3rd 1939 to May 8th 1945, mainly in The Atlantic Ocean, but later spread to the United States and The Caribbean Sea. The Battle of the Atlantic was originally fought by Britain and Canada against Germany until 1940 when the Italians joined the German side. In 1941 the United States joined Britain and Canada in the battle, leading to the defeat of Germany. A significant even that lead up to The Battle of the Atlantic was when U-30 (U-boat 30) attacked Athenia, the passenger liner, a British auxiliary cruiser, within just hours of the British declaring war on Germany, killing 112 civilians that were aboard. These ships were the ones the submarines were told not to attack by The German Navy. This is what some say was the beginning of The Battle of the Atlantic. 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SWOT analysis of Sainsbury’s Plc. Free Essays

Abstract Sainsbury’s is the third largest store chain inUKand 80th placed in FTSE 100 companies with market capitalisation of ? 5,457.35 million. The essay employs SWOT analysis to assess the strengths, opportunities, weaknesses and threats in relation to its strategy and operations in the UK and international markets with reference to its retail business. We will write a custom essay sample on SWOT analysis of Sainsbury’s Plc. or any similar topic only for you Order Now The strengths and opportunities of the company should be used to neutralise the weaknesses and to develop a competitive strategy against the threats that are identified as facing the organisation. Introduction Sainsbury’s is aUKbased company whose core operation is retail business in food and non-food products and services. The company’s portfolio of investments include property management, energy services, financial services such as banking and clothing. Sainsbury’s also runs six food colleges where they train their staff. The successful operations of the company has enabled it to be in the FTSE 100 list at position 80, making 21 million transactions weekly, on both traditional and online platforms. It has the seventh-largest â€Å"TU† clothing brand among other over 5000 own or improved brands of products of food and non-food items and a range of over 30000 products sold in its stores countrywide and internationally. The organisation generated ? 22943 million in the 2010/11 financial year and employs over 150000 staff in its 934 stores spread acrossUK(Sainsbury’s Annual Report, 2011). The essay will look at the strategies that the company uses in its op erations and how its business environment favours or impedes it from succeeding in its objectives and goals. SWOT analysis is a tool that is used to understand the position of an organisation in relation to its operating environment. According to Griffin(2011), SWOT analysis is particularly useful in strategy formulation, which essentially entails how the company allocates its resources in all its operations to achieve its objectives. SWOT analysis assesses strengths and opportunities that an organisation has and how it strategizes itself to overcome its weaknesses and threats in its operating environment. Thus, the strengths and weaknesses of an organisation are internally focussed while threats and opportunities are external forces to an organisation. Regoff and Bezos (2007) noted that SWOT analysis is useful in understanding the competitive position of an organisation in the market. While the tool offers no magic wand to an organisation in succeeding in the market, it offers an opportunity to organise and understand itself in terms of strategy and resource allocation. Strengths Diversified Investments These are identified resources or abilities of organisation that it has and are known to be successful (Brennan, 2009). Sainsbury’s has diversified individual business units that are not correlated. This enables it to minimise risks in case any one of the business units runs a loss or event that may threatens its anticipated performance (Carel, 2008). However, Jones (2008) argues that diversification in itself is not enough in minimising of risks but the choice of quality investments that are guided by insightful and informed market analysis. IT infrastructure The organisation recognises the importance of reaching a wider market through the affordable and wide platform of internet. Through the online checkout system, the organisation in its grocery business increased sales by 20% or 130,000 weekly orders in the financial year 2010/11. It runs a promotional strategy, Click and Collect in over 160 stores where customers buy online. The convenience store enabled the company to earn revenues exceeding ?1 billion, making it to be recognised as Convenience Retailer of the Year by Retail Award Industry. Large capital investment and wide outlet network In 2010/11 financial year, Sainsbury’s increased its supermarket space by 15.9% after opening 21 new stores, additional 24 extensions and a further 47 stores, which translates to 1.5 million square feet. This enables the organisation to reach its customers fast in many areas, hence increasing market share. The company also operates store outlets inChina. Quality human resource The store chain understands the importance of human resource management and invests heavily in quality training of its staff. It has a staff training college that admits 10000 of its colleagues annually. As a result, the organisation was gold accredited by Investors in People due to its role in improving quality of human resources. Quality staff provide superior services to customers hence increasing customer satisfaction. Opportunities Wide market The company opened stores in China, which is a fast growing economy and has huge population.Beijing, where it opened its store outlets has huge working population to provide market for the company’s wide range of products. This is in addition to the store outlets it operates in the country. With increasing supermarket space, the company reaches potential customers. Performing economy in UK and China Food prices that have huge impact on inflation are fairly stable, ranging from 4 to 6%, a sign which indicates performance of the economy and affordability of the food commodities (Wood, 2012).ChinaandUKare second and sixth largest economies that translate to high purchasing power of customers in the respective countries. Threats Competition Competition from major companies in the business such as Tesco on price might compromise profitability and market share of the company. Carrefour, Wal-mart and Tesco have similar business operation in China (Wachman, 2010). Prone online platform Cyber-attacks that led to significant losses in its online strategy are also potential threats to the company that has invested a lot in the infrastructure as a means of reaching a wide client base (Information Age, 2004). Computer malfunctioning also pose potential threat to the company, as was the case in 2010, which affects operational efficiency in in its store outlets (Sawer, 2010). Weaknesses Sainsbury’s being one of the oldest supermarkets, having started operations ahead of competitors like Tesco and ASDA didn’t fully exploit the opportunity to grow and maintain lead in market share. It took long before making changes to new and promising strategies. The company had issues with inventory management and supply chain management that affected its products in 2004. The company however changed the management after suffering loss in the same year. The overcautious and slack Sainsbury’s has not done enough in investing internationally, particularly China, perhaps because it does not understand fully the trends and operating environment compared to its home competitors. According to Thompson (2012), the few retail stores it has compared to Tesco’s over 100 inChinamight â€Å"disappoint investors†. Conclusion Although Sainsbury’s lost its top slot in 2004 after it made its first loss in 135 years, the store chain quickly rose to profitability in subsequent years due to changes it made in management and widening of its investments. The company was least affected in the 2009 financial crisis due to its diversification and ability to reach a wide client base. However, the company faces competition both at home and international markets, where competition based on prices is likely to affect its revenues. List of references Brennan, K. (2009) A Guide to the Business Analysis Body of Knowledge, (Babok Guide), Version 2.0,Toronto: Institute of business analysis, Carel, L. (2008) ETFs For the Long Run: What They Are, How They Work, and Simple Strategies Investing,New York: John Wiley and Sons. Griffin, R. W. (2011) Fundamentals of management,New York: Cengage Learning Information Age: (2004), â€Å"Sainsbury’s dogged by supply chain problems† Online 10 February 2004, http://www.information-age.com/search/292891/sainsburys-dogged-by-supply-chain-problems.thtml (Accessed online: 23 May 2012) Jones, C. L. (2008) The Intelligent Portfolio: Practical Wisdom on Personal Investing from financial engineers, New York: John Wiley and Sons London Stock Exchange, http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B019KW72GBGBXSET1 (Accessed 23 May 2012) Regoff, E. G. Bezos, J. (2007) Bankable business plans,New York: Rowhouse Publishing. Sainsbury’s Annual Report, 2011, http://www.j-sainsbury.co.uk/media/171813/ar2011_report.pdf (Accessed 23 May 2012) Sawer, P. (2010) â€Å"Chaos in supermarkets as computerised tills crash†, The Telegraph, Online, 2 October 2010, http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8038833/Chaos-in-supermarkets-as-computerised-tills-crash.html (Accessed online: 23 May 2012) Thompson, J. (2012) â€Å"Sainsbury’s steps cautiously into China†, The Independent, Online 06 May 2012, http://www.independent.co.uk/news/business/news/sainsburys-steps-cautiously-into-china-7717472.html (Accessed online: 23 May 2012) Wachman, R. (2010) â€Å"Sainsbury’s explores idea of branching into China†, The Guardian, Online 26 September 2010, http://www.guardian.co.uk/business/2010/sep/26/sainsburys-explores-china-stores, (Accessed: 23 October 2012) Wood, Z. (2012), â€Å"Food price rises starting to slow†, The Guardian, Online 8 May 2012 http://www.guardian.co.uk/business/2012/may/08/food-price-rises-slowing (Accessed: 23 October 2012) ; ; ; Appendices SWOT summary table Strengths Diversified investment portfolio Well managed 3PL (Third Party Logistics) Quality training of staff Wide network of chain stores Long experience in retail business, hence good understanding of the business 5000 own brands and more than 30000 products Ecommerce to increase business sales Corporate social responsibility Sainsbury’s commitment creativity and innovation in being a good corporate citizen improves its reputation and sales to stakeholders that include customers. It introduced slimline toilet rolls in 2012 to cut on carbon emissions (Smithers, 2012). ;Weaknesses Slackness in strategy identification and action Relatively poor supply chain and inventory management system Overreliance on prone online selling platform Opportunities Performing economy in the country Widening store outlets especially in the well performing economy inChina New management hence informed investment decisions New GMV site likely to increase sales, in the Entertainment website and advertisement of its products and services Threats Stiff competition in home market Increasing cyber threats ; ; Financial Performance Summary Key Fundamentals17-Mar-1219-Mar-1120-Mar-1021-Mar-0922-Mar-08 Revenue (? m)22294.00 21102.00 19964.00 18911.00 17837.00 Pre-Tax (? m)799.00 827.00 733.00 466.00 479.00 EPS28.10p 26.50p 23.90p 21.20p 19.60p PE10.80 13.20 13.90 14.80 17.00 PEG1.80 1.20 1.10 1.80 0.50 EPS Growth6.00% 11.00% 13.00% 8.00% 33.00% Dividend Cover1.75 1.75 1.68 1.61 1.63 Yield5.30% 4.30% 4.30% 4.20% 3.60% Source:LondonStock Exchange, http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B019KW72GBGBXSET1 (accessed 23 May 2012) How to cite SWOT analysis of Sainsbury’s Plc., Essay examples