The Man Who Shocked The World - 1725 Words

The case study that I have chosen for this particular paper comes under the section ‘Thinking Critically 1.2’ titled ‘The Man Who Shocked the World’. The case study mainly revolves around a controversial psychological experiment conducted by Dr. Stanley Milgram, a 28-year-old psychologist at Yale University who was also a Harvard graduate with a PhD. He basically chose to study human behavior and provide insights on the capacity of the members of the human race to inflict harm on each other. In order to carry out this study, he advertised for and chose participants from the general public who were only told that they would be volunteers in an experiment on punishment and learning. The set-up of the experiment was such that the ‘teacher’†¦show more content†¦Utilitarianism (according to the classical approach) argues that the ‘morally right action is the action that produces the most good’ (Driver, 2014). If understood entirely in terms of the results or the consequences produced by an action, then it can be argued according to utilitarianism that the best moral action is the one that produces the best consequences. The strength of this theory according to me is that it endorses as right the actions that are morally good for everybody, not just the one who does it or is affected by it. Also, according to the classical theory of utilitarianism, impartiality is an important value that must be present when a morally right action with the right consequences is being carried out (Driver, 2014). The weakness of this theory according to me is that ‘good’ is often equated with ‘pleasure’ in utilitarianism whi ch can create a lot of misunderstandings and lead to wrong conclusions being derived out of situations. When analyzing the case study under consideration through the lens of utilitarianism, one can argue that Dr. Milgram conducted the experiment for the overall good of the human community because he came up with revelations that he argues explains the innate behavior of human beings submitting to authority. However, utilitarianism says that theShow MoreRelatedThe Man Who Shocked The World : Milgram Experiment1957 Words   |  8 PagesThe Man Who Shocked the World: Milgram Experiment In many situations, there have been authority figures with mass followings. Often the power the leader holds over their followers can influence them to do negative things. Many people believe that they can be independent enough to resist any pressure put on them by an authoritative figure. If this was true, then why do genocides mark the pages of history books around the world? Stanley Milgram sought to answer this budding question. He used his scientificRead More The Experience Of War Essay1051 Words   |  5 Pagesto Catalonia by George Orwell describes his senses and feeling of getting shot in the neck during battle. Exposure by Wilfred Owen,describes the horrors and reality of being in the trenches of the First World War. And The Making of Me by Robert Westall is about a shell-shocked grandfather who has the responsibility of looking after his grandchild. In the Upturned Face by Steven Crane, a fictional war is fought in an imagined Europe. This extract describes the stresses of battle and its effectsRead More Catcher in the Rye Essay: Holden and the Complexity of Adult Life1172 Words   |  5 Pagesand frustration of many writers. The sour note of bitterness and the recurring theme of sadism have become almost a convention, never thoroughly explained by the authors dependence on a psychoanalytical interpretation of a major character. The boys who are spoiled or turned into budding homosexuals by their mothers and a loveless home life are as familiar to us today as stalwart and dependable young heroes such as John Wayne were to an earlier generation. We have accepted this interpretation of theRead MoreThe Death Of A Blind Patient887 Words   |  4 Pageswatch an elderly man. When I timidly stuck my head into the room, the doctor asked me not to let the man leave. I entered and stood by the bed. â€Å"Who’s this?† an old man in his sixties asked. I asked if I could have a sit in order to know more about him. The friendly old man agreed, smiling and introduce d himself as Pat. I looked at his walking stick, unblinking eyes and finally asked, â€Å"If you don’t mind me asking, are you errr.... blind?† I was a third year medical student, who was only taught basicRead MoreAnalysis Of Donald Trump And Hillary Clinton1013 Words   |  5 Pagesunpredictability can terminate alliance and any progression made from the democrats. In the advertisement video, the producer uses strong offensive diction from Trump’s blurs and cinematic tactics to demonstrate that Trump is unfit to leader of the free world. To begin, the short clip shows an average American house with Trump talking in the background noise. Before the video continuous, cinematic filter is quite noticeable. The filter makes the entire video look dark with high contrast and cold saturationRead More The Role of Art vs. the Role of Science Essay example1342 Words   |  6 Pagesbecause the statement also works in reverse. Throughout the history of man, art has been a method for communication, and in the process it has alternatively shocked and soothed the world. Similarly, science has also disturbed and reassured society. This much is evident through an evaluation of both studies. Recently in the news, art in the form of photography have had a tremendous effect on people. Pictures of the World Trade Center collapsing, people jumping out of them, the PentagonRead MoreKing Leopold s Ghost By Adam Hochschild1036 Words   |  5 Pagescolonizing the Congo through means of propaganda, missionaries, use of other countries, and other various other methods to end his rule and change the common perceptions of imperialism. The main goal, however, of writers in the Congo, was to let the world know of Leopold’s actions and to end his selfish ruling. The role of journalists became most prevalent beginning in the 1880’s. In 1885, under the pretense of philanthropy, King Leopold II Belgium claimed land along the Congo River as his personalRead MoreThe Atomic Bomb1214 Words   |  5 Pagespeople around the world. Survival could range anywhere from just getting up in the morning to being lost in the wild. This decennium revolves around survival. We’ve heard many stories around the world about survival, from people obtaining food, or trying to find shelter. Sometimes it is hard to have sympathy for the people who suffer because they don’t have the necessities to live. Throughout history, there has always been a big survival story that happens somewhere in the world. One could argueRead MoreApple s First Macintosh Commercial1309 Words   |  6 Pagesworth buying like Apple did in its first Macintosh commercial. By using themes from George Orwell’s 1984, Apple was able to speak volumes about its product w ithout showing or describing it. Apple visualizes its self as the hero that will save the world and people believed it. Most of us now own an Apple brand. This advertisement is an effective ad because it contains a valuable message that was provided to the viewer by using contrasting visuals and it is about awakening the people and breaking theRead MoreEssay on The Milgram Experiment1572 Words   |  7 Pagesâ€Å"victims† in the experiment, so no one was truly being tortured. Milgram wanted to show that pressure can get to anyone, in any situation. (Simmerman) In the book, The Man Who Shocked The World, Thomas Blass says that Stanley Milgram was born on August 15th 1933 in the Bronx of New York. He was born from Jewish immigrants who emigrated from Hungary. Milgram was the 2nd of three children. He began school at PS77 in the Bronx where it quickly became evident that he had a superior intellect. His

The Effect Of Steroids On Athleticism - 916 Words

How Popular or Well-Known Food Chains Alter the Body It took a while for me to decide on what I was going to do my project on. My top three choices were: to research the effect of steroids on athleticism, how popular or well known food chains alter the body, and how playing sports impact your physical health later in life. Finally, after weeks of debating my options, the topic I chose to do my personal project on was, â€Å"How Popular or Well-Known Food Chains Alter the Body.† After picking my subject I had to determine which restaurants I was going to do research on. My plan is to purchase something off the menu from a number of fast food places and record how they modify my daily and extra curricular performance. The burger joints I have†¦show more content†¦I ordered a cheeseburger, which includes two toasted buns, a hamburger patty, cheese, sliced onions, lettuce, a tomato slice, and some ketchup. I ate the entire burger, but not long afterwards did I experience multiple odd side effects. My stomach started to bubb le instantly and I had to use the restroom constantly. These symptoms lasted for roughly 30 minutes. During that time I had an excessive headache and even later my head continued to throb. Despite all the pain, I felt really tired and probably would have fallen asleep if it was not for the sharp discomforts that stung the muscles across my body. I could barely lift 115 pounds and squat lift 125 pounds. Struggling to do that while having eaten a burger from McDonalds was a very poor decision. I was so sore that I couldn’t lift anything heavier than my hand for a whole week. My next place of business was Burger King. I ordered the same item from here as well, a cheeseburger. Half an hour into my first bite I felt like throwing up. Following my stomach pains, nausea, and desire to vomit my mood was gloomy. I didn’t feel like speaking to anyone or doing anything. I even tried to play basketball, but began to feel extremely drowsy. Additionally, while I was attempting to play I was short of breath. It was almost like I was out of shape, which cannot be the case, because I regularly engage in sports. Nevertheless, post eating Burger King I could only last through one game of basketball.

Organizational Analysis of Apple Inc-Free-Samples-Myassignment

Question: Discuss about the Organizational Analysis of Apple Inc. Answer: Evaluation of the terms Leadership and Management and their application in Apple Inc. Leadership refers to the action of leading the employees of an organization towards achieving the goals and objectives of the organization. Leaders motivate the team members through the work process and boosts up their morale to accomplish the goals. Management refers to the process of planning, organizing, controlling and leading the resources within an enterprise with the aim of achieving the objectives. It also includes the decision making and problem solving skills for effective functioning[1]. The three basic differences between leadership and management are that a leader innovates or invents and a manager organizes, a leader inspires people and a manager controls people, and a leader relies on what and why, while a manager relies on how and when. Leadership skills require more judgment skills, while management requires more organizational skills. Apple Inc. shows a good example of leadership and management. The founder and former CEO, Steve Jobs, emerged as one of the most successful leaders of the world. He was able to inspire people to perform their best and produce one of the most high quality products. The management of apple was quite simple, without much hierarchical levels. Jobs preferred to hire and keep the right people at the right position and also paid them worth of their skills. Hence, the way of organizing and controlling the resources is much simpler in Apple even after Jobss death[2]. Evaluation of the personal leadership and management skills required to support achievement of organizational objectivesof Apple Personal leadership skills and management skills are extremely important in case of achieving the organizational objectives of any company. In Apple, Steve Jobs brought his far sightedness, charismatic and transformational leadership style to inspire the employees. He has brought the transformation in the products and in services. Innovation, invention, elegance in design and visionary approach towards leadership were another skills displayed by Steve Jobs to achieve the organizational goals of competitive advantage through innovation[3]. For the management of the organization, Steve Jobs used his conceptual skills, communication skills, interpersonal skills and effectiveness skills to run the company efficiently and smoothly. Apart from those, the efficient planning, goal setting, responsibility towards the employees and customers, accountability, ethics, adaptability and time management were some other personal management skills that Jobs applied to expand and grow Apple. All the qualities of leadership and management skills of Jobs led to the development and innovation of high quality products to meet the customers needs[4]. Analysis of the impact of organizational objectives, values and cultures on the leadership and management role Organizational objectives, values and organizational culture are extremely essential and influential factors for successful management and leadership. Leaders bring new and different values and approach within the organization to make the necessary changes to accomplish the goals and objectives. Organizational values are the unwritten guidelines that shape the perspectives of an organization and its actions. Values lead to organizational culture and beliefs; and distinguish the organization from others. Organizational culture plays a major role in creating healthy environment within the organization, which motivates the employees to perform better[5]. Apple is founded on the values of high quality, customs and standards for the products and employees. It has a collaborative and cooperative organizational culture that allows the employees to showcase their creativity without any hesitation. Efficient customer service and creation of value to the customers with the transactional and transformational leadership and efficient management are the key strategies of Apple. The company remained true to its values of providing innovative products to the customer even before they know about their own needs[6]. Analysis of the leadership and management skills of Steve Jobs in Apple Steve Jobs was an unconventional leader. He was successful in reading the minds of the customers and delivering them what they want even before they realize themselves. I-phone and other Apple products are the pioneering products in the smart technology. Steve Jobs followed the autocratic style of leadership. It is a form of transactional leadership, where the leader has absolute power over the employees. He used to demand excellence from his staffs and criticized bluntly when required. He was a visionary leader as well as inflicted motivation among his employees through his charisma[7]. He was also able to manage his resources quite well. He preferred to keep his management strategies simple. Heracleous and Klaering (2014) say that, Jobs had the talent to identify the correct person for the correct role and paid them accordingly. He did not believe in promotions only due to tenure. He controlled his business to achieve the perfection. With his vision, far sightedness, quest for perf ection, motivational skills and innovation skills, Steve Jobs became an extremely successful leader in the smart technology industry[8] References Abraham, Manish. "Five Leadership skills that made Steve Jobs transform Apple." (2014). Alvesson, Mats, ed.Organizational culture. Sage, 2016. Avolio, Bruce J., and Francis J. Yammarino, eds. "Introduction to, and overview of, transformational and charismatic leadership." InTransformational and Charismatic Leadership: The Road Ahead 10th Anniversary Edition, pp. xxvii-xxxiii. Emerald Group Publishing Limited, 2013. Goetsch, David L., and Stanley B. Davis.Quality management for organizational excellence. Upper Saddle River, NJ: pearson, 2014. Heracleous, Loizos, and Laura Alexa Klaering. "Charismatic leadership and rhetorical competence: An analysis of Steve Jobss rhetoric."Group Organization Management39, no. 2 (2014): 131-161. Long, Andrew. "Leadership and management."ABC of Clinical Leadership(2017): 5. Northouse, Peter G.Leadership: Theory and practice. Sage publications, 201 Long, Andrew. "Leadership and management."ABC of Clinical Leadership(2017): 5 Heracleous, Loizos, and Laura Alexa Klaering. "Charismatic leadership and rhetorical competence: An analysis of Steve Jobss rhetoric."Group Organization Management39, no. 2 (2014): 131-161. Goetsch, David L., and Stanley B. Davis.Quality management for organizational excellence. Upper Saddle River, NJ: pearson, 2014. Northouse, Peter G.Leadership: Theory and practice. Sage publications, 2015 Avolio, Bruce J., and Francis J. Yammarino, eds. "Introduction to, and overview of, transformational and charismatic leadership." InTransformational and Charismatic Leadership: The Road Ahead 10th Anniversary Edition, pp. xxvii-xxxiii. Emerald Group Publishing Limited, 2013. Alvesson, Mats, ed.Organizational culture. Sage, 2016. Abraham, Manish. "Five Leadership skills that made Steve Jobs transform Apple." (2014). Heracleous, Loizos, and Laura Alexa Klaering. "Charismatic leadership and rhetorical competence: An analysis of Steve Jobss rhetoric."Group Organization Management39, no. 2 (2014): 131-161.

Reverse Logistics As An Integral Part Of Supply Chain Management. Essa

Reverse Logistics As An Integral Part Of Supply Chain Management. TABLE OF CONTENTS 1.Introduction 2 - What is reverse logistics? - Why reverse logistics is so important? 2. Body 4 - Components - International Reverse Logistics - Outsourcing 3. Conclusion 11 References 12 Introduction Most of us think of logistics as a one-way street. Products are manufactured, packaged, stored in a warehouse, sold, and then shipped off to the customer ... end of story. Yet for many logistics managers today, that's not the end of the story. In addition to managing outbound goods, they also are responsible for reverse logistics--the flow of returned goods and packaging, including customer service and final disposition of returned items. The need to manage waste materials and returned goods is growing in all kinds of industries. Today, companies like Xerox, Eastman Kodak, Mobil, Home Depot, and Ethan Allen Furniture - to name just a few - have recycling programs that meet the needs of their individual industries. There are many reasons for the explosive growth of what's come to be known as reverse logistics over the past five years or so. The most prominent is increasing public awareness of the social costs of excess waste. A large-scale recycling program, therefore, generates goodwill among consumers and industrial customers. As support for recycling grows, moreover, companies want to be perceived as good citizens that are committed to protecting the environment. Another important reason is the need to control costs. Frequently, manufacturers treat recovery of products and packaging as an afterthought. A well-managed reverse-logistics program, however, can bring enormous savings in inventory-carrying, transportation , and waste-disposal costs. For these and other reasons, more and more companies are launching reverse-logistics programs today. Unfortunately, it's often assumed that reverse logistics is simply a matter of reversing the outbound distribution process. In fact, recycling and returns management have their own unique and complex issues that affect logistics operations. A brief overview of those issues highlights the five main areas you should consider before starting a reverse-logistics program. A related issue is what kind of resources you are willing to commit to a reverse-logistics program. The obvious answer is that the level of potential benefits will influence how much a company will invest in such a program. Too often, though, companies shortchange themselves by failing to devote sufficient time, money, and personnel to the project. A lot of times, [reverse logistics] becomes a side job for somebody. It's not their focus or a high priority, says Cindie Vaughan, supervisor of reverse logistics for Consolidated Freightways. If no one is proactively managing the process, it's bound to result in higher costs and missed opportunities for savings and profits. A solution for many companies that have limited resources for reverse logistics is outsourcing that function to third parties or transportation companies. It's up to the shipper, though, to examine the cost and service benefits, then decide how much of the process should be outsourced. As with any outsourcing decision, it's a matter of being able to focus on your core competencies and freeing up your people to work on products rather than expend your assets on [reverse logistics], suggests Brett Chyatte, senior marketing specialist for reverse logistics at Federal Express. Components The primary components of the reverse-logistics operation are retrieval, transportation, and disposition. The retrieval stage deals with where the waste or products should be picked up and by whom. Much depends on the nature of the item being returned; if it's clothing, for example, a carrier can handle all of the pickup and documentation tasks at the consumer's door. If, on the other hand, the items are oversized, heavy, hazardous, or very delicate, special training may be necessary for both customers and carriers. Burnham, for example, dismantles photocopiers for several customers that sell or lease the reconditioned machines. Drivers are trained to remove internal components that could cause damage in transit, protect glass, secure all moving parts, and pack them for transportation. Hazardous materials, meanwhile, must be flawlessly handled, but field locations and distributors may not have the necessary expertise. Michael LeMirande, business development manager for Redwood Systems, says he often tutors auto dealers in how to manage returns of such items as engines and transmissions. The battery and most fluids in automobiles are classified as hazardous, so there are specific procedures for

Earth-Like Planet Discovered essays

Earth-Like Planet Discovered essays Earth-Like Planet Discovered 50 Light Years Away European astronomers have discovered a planet less than 50 light years away. This planet has come to be known as a sort of super Earth. It takes only ten Earth days to orbit its sun (much like our own) and the surface of the planet is scorched by the close proximity to the sun. The discovery of this planet has lead us to discover two more planets in that solar system made much like our own. Many astronomers not connected to the finding of this planet have begun to make statements of the great data that it has brought to not only them but to the world itself. This is the first planet close to the relative size of Earth found orbiting a live star. It is 14 times the size (close to that of Uranus) but is still rocky. Much controversy over the issue of the physical make-up of the planet is being discussed by astronomers world-wide. While the full reaches of life are unknown, life as we know it could not exist on a planet this close to a star. The discovery of super Earth really does fascinate me. With the possibility of other rocky planets out there it seems as though it is very possible for another intelligent species of creature to exist somewhere in the universe if not our own galaxy. If not intelligent then at least living creatures on a planet other than Earth would stir some extreme amounts of push for science and math to be taught in the United States again. We lost the edge of education in these two areas when we beat the Russians to the moon. If we were to discover another planet that was harboring life we would begin to race to see who could study them better and faster. The composition of the planet would want to be found as well. Any planet that can harbor life in whatever conditions would be very helpful to look at and understand much better. There is possibility of the human race becoming to large for the planet it is on. In such a case i ...

Biography of Thomas Gage, British Army General

Biography of Thomas Gage, British Army General Thomas Gage (March 10, 1718 or 1719–April 2, 1787) was a British Army general who commanded troops during the beginning of the American Revolution. Prior to this, he served as the colonial governor of Massachusetts Bay. In 1775, he was replaced as the British military commander-in-chief by General William Howe. Fast Facts: Thomas Gage Known For: Gage commanded British Army forces during the early stages of the American Revolution.Born: March 10, 1718 or 1719 in Firle, EnglandParents: Thomas Gage and Benedicta Maria Teresa HallDied: April 2, 1787 in London, EnglandEducation: Westminster SchoolSpouse: Margaret Kemble Gage (m. 1758)Children: Henry Gage, William Gage, Charlotte Gage, Louisa Gage, Marion Gage, Harriet Gage, John Gage, Emily Gage Early Life The second son of the 1st Viscount Gage and Benedicta Maria Teresa Hall, Thomas Gage was born in Firle, England, in 1718 or 1719. At the Westminster School, he became friends with John Burgoyne, Richard Howe, and the future Lord George Germain. Gage developed a fierce attachment to the Anglican Church and a deep distaste for Roman Catholicism. After leaving school, he joined the British Army as an ensign and commenced recruiting duties in Yorkshire. Flanders and Scotland In 1741, Gage purchased a commission as a lieutenant in the 1st Northampton Regiment.  The following year, in May 1742, he transferred to Battereaus Foot Regiment with the rank of captain-lieutenant. In 1743, Gage was promoted to captain and joined the Earl of Albemarles staff as an aide-de-camp in Flanders for service during the War of the Austrian Succession. With Albemarle, Gage saw action during the Duke of Cumberlands defeat at the Battle of Fontenoy. Shortly thereafter, he, along with the bulk of Cumberlands army, returned to Britain to deal with the Jacobite Rising of 1745. Gage served in Scotland during the Culloden campaign. Peacetime After campaigning with Albemarle in the Low Countries from 1747 to 1748, Gage was able to purchase a commission as a major. After moving to Colonel John Lees 55th Regiment of Foot, Gage began a long friendship with future American general Charles Lee. A member of Whites Club in London, he proved popular with his peers and cultivated important political connections. With the 55th, Gage proved himself an able leader and was promoted to lieutenant colonel in 1751. Two years later, he mounted a campaign for Parliament but was defeated in the election of April 1754. After remaining in Britain another year, Gage and his regiment, re-designated the 44th, was sent to North America in to take part in General Edward Braddocks campaign against Fort Duquesne during the French and Indian War. Service in America Braddocks army moved slowly as it sought to cut a road through the wilderness. On July 9, 1755, the British column neared its target from the southeast with Gage leading vanguard. Spotting a mixed force of French and Native Americans, his men initiated the Battle of the Monongahela. The engagement quickly went against the British and in several hours of fighting, Braddock was killed and his army routed. In the course of the battle, the commander of the 44th, Colonel Peter Halkett, was killed and Gage was slightly wounded. Following the battle, Captain Robert Orme accused Gage of poor field tactics. While the accusations were dismissed, it prevented Gage from receiving permanent command of the 44th. In the course of the campaign, he became acquainted with George Washington and the two men stayed in contact for several years after the battle. After a role in a failed expedition along the Mohawk River intended to resupply Fort Oswego, Gage was sent to Halifax, Nova Scotia, to take part in an abortive attempt against the French fortress of Louisbourg. There, he received permission to raise a regiment of light infantry for service in North America. New York Frontier Promoted to colonel in December 1757, Gage spent the winter in New Jersey recruiting for his new unit. On July 7, 1758, Gage led his new command against Fort Ticonderoga as part of Major General James Abercrombies failed attempt to capture the fortress. Slightly wounded in the attack, Gage, with some assistance from his brother Lord Gage, was able to secure promotion to brigadier general. In New York City, Gage met with Jeffery Amherst, the new British commander-in-chief in America. While in the city, he married Margaret Kemble on December 8, 1758. The following month, Gage was appointed to command Albany and its surrounding posts. Montreal Amherst gave Gage command of British forces on Lake Ontario with orders to capture Fort La Galette and Montreal. Concerned that expected reinforcements from Fort Duquesne had not arrived, Gage suggested reinforcing Niagara and Oswego instead while Amherst and Major General James Wolfe moved into Canada. This lack of aggression was noted by Amherst and when the attack on Montreal was launched, Gage was placed in command of the rear guard. Following the citys capture in 1760, Gage was installed as military governor. Though he disliked Catholics and Native Americans, he proved an able administrator. Commander-in-Chief In 1761, Gage was promoted to major general and two years later returned to New York as acting commander-in-chief. The appointment was made official on November 16, 1764. As the new commander-in-chief in America, Gage inherited a Native American uprising known as Pontiacs Rebellion. Though he sent out expeditions to deal with the Native Americans, he also pursued diplomatic solutions to the conflict as well. After two years of sporadic fighting, a peace treaty was signed in July 1766. At the same time, however, tensions were rising in the colonies due to a variety of taxes imposed by London. Revolution Approaches In response to the outcry raised against the 1765 Stamp Act, Gage began recalling troops from the frontier and concentrating them in coastal cities, particularly New York. To accommodate his men, Parliament passed the Quartering Act (1765), which allowed troops to be housed in private residences. With the passage of the 1767 Townshend Acts, the focus of resistance shifted north to Boston, and Gage responded by sending troops to that city. On March 5, 1770, the situation came to a head with the Boston Massacre. After being taunted, British troops fired into a crowd, killing five civilians.  Gages understanding of the underlying issues evolved during this time.  Initially thinking the unrest to be the work of a small number of elites, he later came to believe that the problem was the result of democracy in colonial governments. In 1772, Gage requested a leave of absence and returned to England the following year. He missed the Boston Tea Party (December 16, 1773) and the outcry in response to the Intolerable Acts. Having proven himself an able administrator, Gage was appointed to replace Thomas Hutchinson as governor of Massachusetts on April 2, 1774. Gage was initially well received, as Bostonians were happy to be rid of Hutchinson. His popularity quickly began to decline, though, as he moved to implement the Intolerable Acts. With tensions increasing, Gage began a series of raids in September to seize colonial munitions. While an early raid on Somerville, Massachusetts, was successful, it touched off the Powder Alarm, which saw thousands of colonial militiamen mobilize and move toward Boston.  Though later dispersed, the event had an impact on Gage. Concerned about not escalating the situation, Gage did not attempt to quash groups such as the Sons of Liberty and was criticized by his own men for being too lenient as a result. In April 1775, Gage ordered 700 men to march to Concord to capture colonial powder and guns. On the way, active fighting began at Lexington and was continued at Concord. Though British troops were able to clear each town, they sustained heavy casualties during their march back to Boston. Following the fighting at Lexington and Concord, Gage found himself besieged in Boston by a growing colonial army. Concerned that his wife, a colonial by birth, was aiding the enemy, Gage sent her away to England. Reinforced in May by 4,500 men under Major General William Howe, Gage began planning a breakout. This was thwarted in June when colonial forces fortified Breeds Hill north of the city. In the resulting Battle of Bunker Hill, Gages men were able to capture the heights but sustained over 1,000 casualties in the process. That October, Gage was recalled to England and Howe was given temporary command of the British forces in America. Death In England, Gage reported to Lord George Germain, now the Secretary of State of the American Colonies, that a large army would be necessary to defeat the Americans and that foreign troops would need to be hired. In April 1776, a command was permanently given to Howe and Gage was placed on the inactive list. He remained in semi-retirement until April 1781, when Amherst called upon him to raise troops to resist a possible French invasion. Promoted to general on November 20, 1782, Gage saw little active service and died at the Isle of Portland on April 2, 1787. Legacy Gage was survived by his wife and five children. His son Henry went on to become a British Army officer and member of Parliament, while his son William became a commander in the British Navy. The Canadian village of Gagetown was named after him.

Hot pursuit Essay Example | Topics and Well Written Essays - 500 words

Hot pursuit - Essay Example The main principle or premise that underlies this rule is that â€Å"an act is deemed to be committed not only where the physical movements occur but also where the consequences take effect.† (Williams, 1939). The main justification of the hot pursuit exception is reposed in the landmark case of Warden v. Hayden (387 U.S. 294 [1967]) where the warrantless entry of the police into the house of the suspect was deemed justified by the majority because the "exigencies of the situation made that course imperative" (p. 298). But a rule to follow, according to Worrall (2011), is that â€Å"the nature of the exigency defines the scope of the search.† This means that the exigency must be of so grave a nature and so compelling a reason before a search may be commenced without a warrant. This case of Warden also propounded other justifications. According to Justice Brennan, the imperatives of the Fourth Amendment â€Å"does not require police officers to delay in the course of an investigation if to do so would gravely danger their lives or the lives of others" (pp. 298-299). It was also reasonable for the police officers, according to the decision, to ensure that had control of all weapons which could be used against them or to effect an escape" (p. 299). Another important rule to consider is that there must be no time at all to get a warrant. If there is a reasonable period of time that the police officers can use to procure a warrant, then the most prudent course of action would simply to get the warrant and then apprehend the suspect or search his premises on the strength of the warrant of arrest or search warrant. In the case of Welsh v. Wisconsin (466 U.S. 740 [1984]) the Court held that the hot pursuit exception cannot be made to apply â€Å"because there was no immediate or continuous pursuit of the petitioner from the scene of [the] crime". The doctrine of hot pursuit is relevant in issues of maritime

Unfair Competition from Countries without International Labour Laws Term Paper

Unfair Competition from Countries without International Labour Laws - Term Paper Example This research paper examines that there have been arguments for the imposition of free trade among all member countries taking part in international trade.   These have been increasingly believed to be of benefit, especially to the developing countries. To begin with, markets get liberalized from the interference of government. This is important because the government does not have a direct contribution to the prevailing prices in the economy due to actions such as subsidies or even tariffs. The involvement of government in the setting of prices may lead to market failure arising from forced priced that have been set without due regard to the natural forces of demand and supply, which work together to determine the prices of goods and services.  This research paper examines that there have been arguments for the imposition of free trade among all member countries taking part in international trade.   These have been increasingly believed to be of benefit, especially to the deve loping countries. To begin with, markets get liberalized from the interference of government. This is important because the government does not have a direct contribution to the prevailing prices in the economy due to actions such as subsidies or even tariffs. The involvement of government in the setting of prices may lead to market failure arising from forced priced that have been set without due regard to the natural forces of demand and supply, which work together to determine the prices of goods and services.

Concrete Lab Report Essay Example for Free

Concrete Lab Report Essay Engineering B45 Concrete Lab Report Introduction: Concrete is a mixture of sand and rock or similar inert material (aggregates) held together by a cementing material. Usually the cementing material is Portland cement, but sometimes binders such as asphalt or gypsum are used, in which case the concrete may be called asphaltic concrete or gypsum concrete. Properties of concrete are governed not only by the properties of its ingredients (cement, water, sand, and coarse aggregate) but also, to a great extent, by the relative proportions of these ingredients. The proportions must be so selected as to produce a concrete mixture of desired workability, strength, durability, and economy. The most common aggregates are gravel and crushed stone, although cinders, blast-furnace slag, burned shale, crushed brick, or other materials may be used because of availability, or to alter such characteristics of the concrete such as workability, density, appearance, or conductivity of heat or sound. Usually aggregate which passes a sieve with 0. 187-inch openings (No. 4 sieve) is called fine aggregate, but that retained by a No. sieve is coarse aggregate, although the division is purely arbitrary. If all the particles of aggregate are of the same size, or if too many fine particles are present, an excessive amount of cement paste will be required to produce a workable mixture; a range of sizes aids in the production of an economical mixture. The best concrete for a given use is usually the one which will provide the necessary strength and the desired wor kability at the lowest cost. Unless otherwise indicated, strength, as applied to concrete, refers to the ultimate compressive strength of the moist-cured concrete at the age of 28 days. Most concretes are batched to provide an ultimate compressive strength of 2500 to 4000 psi after 28 days. The figure below shows a typical strength curve of concrete with the passage of time. The modulus of elasticity of concrete is about 1000 times the ultimate compressive strength. The strength of concrete depends chiefly on the water-cement ratio, with a low ratio producing a strong concrete. While only a small amount of water is required to complete the chemical reactions of setting concrete, more than this is used to make the concrete more workable. The workability of concrete is usually measured by its slump. The standard method of measuring slump consists of placing the freshly-mixed concrete in a mold in the form of a truncated cone, 12 inches high, 8 inches in diameter at the bottom, and 4 inches in diameter at the top. The concrete is placed in the slump cone in three layers, each layer rodded thoroughly to compact it. When filled, the mold is immediately withdrawn by lifting it gently, and the slump of the concrete is measured at the vertical distance from the top of the mass to its original 12 inch height. An increase in the amount of mixing water will increase the slump, but it will also decrease the strength and increase the tendency of the ingredients of the concrete to segregate unless more cement is added. Increasing the amount of cement paste increases the cost, so all three factors- strength, workability, and cost-are interrelated in a complex way. Procedure: 1. Concrete mixtures are commonly given as volume ratios as cement: sand: gravel. You will make two concrete mixtures at ratios given to you by the instructor.

Eleanor of Aquitaine Essay -- Queen Roalty Eleanor Aquitaine History P

Eleanor of Aquitaine Much has been written about the historical life of Eleanor of Aquitane. Her life, Undoubtedly reads like legend, at least in part because it is. It is fairly safe to say that the world had never seen a woman like Eleanor of Aquitane, and it is doubtful that there has been a woman since who could rival her power, intelligence, beauty and sheer force of will. Like many other women of her time Eleanor came from a long line of noble and royal blood. Her lineage can be traced back to the earliest kings of both England and France.(follow link to take a look at Eleanor’s very long family tree http://www.my-ged.com/db/page/scokin/12251) Her father William X was the son of France’s first troubadour, William IX and Eleanor’s early life was saturated with culture and learning. The court of her father and grandfather was thought to be the main culture center of the time. At age 15, with her father’s passing, Eleanor became the sole heiress and ruler of the largest duchy in France – Aquitane. Eleanor was then betrothed to Louis VII of France in order to unite their vast territories. In fifteen years however, Eleanor’s marriage and queenship were over. The pope on the pretext of close kinship ties annulled her unhappy marriage to Louis. At age 30 Eleanor had given up her throne and her daughters and returned to Aquitane to rule. Within a few years Eleanor was married to Henry Plantengent, the Duke of Normandy and ruler of the second most powerful duchy in France (second to her own Aquitane). In 1154 Henry was crowned King of England and Eleanor was now Queen of England, duchess of Aquitane and duchess of Normandy. Eleanor and Henry had eight children together, including Richard the Lionheart and John. In 1173, afte... ... paradigm of sexual empowerment. This empowerment comes in terms of both sexual freedom and gender freedom. Eleanor’s personal family history and her encounters with serious intellectualism as well as serious sexuality at an early age perhaps introduced her to the idea that sex and power were intimately woven together. As such she was raised in world which empowered her and let her loose on a world that demanded her submission. The result was that Eleanor realized part of women’s power lay not just in marrying well, but in embracing and controlling their sexuality. This in turn meant an early redefinition of where a woman’s place was. For Eleanor at least that was not simply in her husband’s bed. Works Cited 1. Main internet sources cited with a link in the paper 2. Weir Alison, Eleanor of Aquitane; a Life ; Ballantine Publishing, 1999, New York. Pgs 1-37 Eleanor of Aquitaine Essay -- Queen Roalty Eleanor Aquitaine History P Eleanor of Aquitaine Much has been written about the historical life of Eleanor of Aquitane. Her life, Undoubtedly reads like legend, at least in part because it is. It is fairly safe to say that the world had never seen a woman like Eleanor of Aquitane, and it is doubtful that there has been a woman since who could rival her power, intelligence, beauty and sheer force of will. Like many other women of her time Eleanor came from a long line of noble and royal blood. Her lineage can be traced back to the earliest kings of both England and France.(follow link to take a look at Eleanor’s very long family tree http://www.my-ged.com/db/page/scokin/12251) Her father William X was the son of France’s first troubadour, William IX and Eleanor’s early life was saturated with culture and learning. The court of her father and grandfather was thought to be the main culture center of the time. At age 15, with her father’s passing, Eleanor became the sole heiress and ruler of the largest duchy in France – Aquitane. Eleanor was then betrothed to Louis VII of France in order to unite their vast territories. In fifteen years however, Eleanor’s marriage and queenship were over. The pope on the pretext of close kinship ties annulled her unhappy marriage to Louis. At age 30 Eleanor had given up her throne and her daughters and returned to Aquitane to rule. Within a few years Eleanor was married to Henry Plantengent, the Duke of Normandy and ruler of the second most powerful duchy in France (second to her own Aquitane). In 1154 Henry was crowned King of England and Eleanor was now Queen of England, duchess of Aquitane and duchess of Normandy. Eleanor and Henry had eight children together, including Richard the Lionheart and John. In 1173, afte... ... paradigm of sexual empowerment. This empowerment comes in terms of both sexual freedom and gender freedom. Eleanor’s personal family history and her encounters with serious intellectualism as well as serious sexuality at an early age perhaps introduced her to the idea that sex and power were intimately woven together. As such she was raised in world which empowered her and let her loose on a world that demanded her submission. The result was that Eleanor realized part of women’s power lay not just in marrying well, but in embracing and controlling their sexuality. This in turn meant an early redefinition of where a woman’s place was. For Eleanor at least that was not simply in her husband’s bed. Works Cited 1. Main internet sources cited with a link in the paper 2. Weir Alison, Eleanor of Aquitane; a Life ; Ballantine Publishing, 1999, New York. Pgs 1-37

Banksy Art Btec

Banksy Banksy is a english graffiti street artist. His street art combine dark humor with graffiti done with a distinctive graffiti technique. His artistic works of political and social commentary have been featured on streets, walls, bridges of cities throughout the world. This graffiti street art that banksy created shows the feeling of sadnes, in a way that he has created tone and detail using stencil art technique makes the painting look different and unique, as though there is only on of this kind.It brings out political views wich is what banksy wants to do with his art but he does it in a way that his art looks different than others, also it is street art, so he wants something to stand out and people to notice, this painting draws attention because it uses only black and white spray paint which makes it a more bold drawing, however he still creates tone and effect by using black, or white outlines.I like this piece of art because it really brings out what Banksy wants people to notice, the way he uses tone and different effects with his spray paint makes me want to look at the painting and realize what his hidden meaning behind it was.I like this piece of street art by banksy because he again uses tone and effect in a way that no one has done before, he uses stencil but the white and black colours contrast and make the art seem like its been sprayed with alot of care, also the fact that there is only colour on the flowers but everything else is black and white in this piece of spray paint gives the art more of a warm feeling other than it being about violence and worry, it shows the feeling of warmth, he has also included alot of detail in the flowers themselves, which he hasn't really done in the rest of his pieces.Leonardo Da Vinci Leonardo Da Vinci painted the Mona Lisa, I think this piece of art is a stunning unique painting, it brings out the amazing beauty of Italy and how times were, he has used alot of brown and blue colours which make the paint ing flow really nicely. He has used tone and effect to make the woman come to life as though she really is real. He has used opposite colours wich create the natural effect to this painting. He has taken great consideration in fine detail and the colours he has picked, we can tell they've been picked with alot of care and taken time to be thought about.Overall I think thi painting is a stunning piece of art. Leonardo Da Vinci also painted La belle Ferroniere. he has used tone and effect again with great care of the colours he has chosen in this painting. He has taken more consideration of detail in, for example her red dress in wich you can see alot of the lining which creates a very realistic design of her dress, he has also once again made the painting come to life with the creme and rosie cheeks. He has taken care and detail. Alot of tone and shading has been used. This piece is unique and probably would not be able to be painted again.

Surf Exel

? HINDUSTAN LEVER LIMITEDA Project Report On SURF EXCEL ? 2. TABLE OF CONTENTS†¢ ACKNOWLEDGEMENTS†¢ INTRODUCTION†¢ EXECUTIVE SUMMARY†¢ INDUSTRY ANALYSIS†¢ COMPANY OVERVIEW†¢ FINANCIAL STATEMENT ANALYSIS†¢ MARKETING MIX OF ORISSA†¢ COMPETITORS ANALYSIS†¢ PROJECT1: o OBJECTIVES o SCOPE AND LIMITATIONS OF THE STUDY o RESEARCH METHODOLOGY o DATA ANALYSIS  § CONSUMER ANALYSIS o CONCLUSIONS†¢ APPENDIX o CONSUMER’S QUESTIONNAIRE o DETAILED FSA ? 3. EXECUTIVE SUMMARYThe project assigned to us was to study the business and marketing practice, competitorsin business and customers of Surf Excel, for Orissa market.For this a questionnaire wasprepared for the consumers. A sample of 53 consumers was surveyed. The respondentswere interviewed in market places across Bhubaneswar. After the analysis we came to the conclusion that the Surf Excel enjoys a space in the top2 positions in brand recall of the consumer. This is a positive sign for HL L. The researchalso shows that the market share of Surf Excel in Orissa’s detergent market isapproximately 66%. Also, from the survey it is evident that brand name, price andcleansing action are three of the most important attributes a consumer looks for in anydetergent brand.Surf Excel enjoys a good reputation with the consumers with respect toall these attributes. Another thing that we noted in this survey was that Television is the most usedinformation source for the consumer. The exact communication recall however, is verypoor among the consumer. This could be attributed to the ever increasing advertisementclutter, across all media. Thus, HLL should consider looking for other media likeoutdoors. It was also noted that over 50% of the consumers who used Surf Excel, would purchasepacks whose size was 1/2 – 1 kg and did not prefer purchasing the 200gm pack.We triedto find out the reason as to why this practice occurred, but to no avail. HLL shouldconsider promoting th is pack size in some way, or phase it out totally. Thus, we can conclude that Surf Excel enjoys excellent customer reviews. It gets specialrecognition for its superior cleansing action, the convenient packs it comes in, the ease it ? 4. is available with, and the fact that its price is at par with similar products available in themarket today. OBJECTIVES OF THE STUDY 1.The primary objective of the study was to understand the customers of Surf Excel ( type/ quality/ their decision making style/ source of information that they use for collecting information regarding Surf Excel) 2. The study was also aimed to understand the business and marketing practice of Surf Excel and the marketing mix used by HLL for Surf Excel. 3. Another important objective of the study was to understand the competitors of Surf Excel. 4. Efforts were also made to evaluate the financial strength and market capabilities of the parent firm, Hindustan Lever Limited. ? 5.INDIAN FMCG INDUSTRYBackgroundThe FMCG secto r has been the cornerstone of the Indian economy. Though, the sector has been in existence for quite a long time, it began totake shape only during the last fifty-odd years. The sector touches everyaspect of human life, from looks to hygiene to palate. Perhaps, defining anindustry whose scope is so vast is not easy. Generally, FMCG refers to consumer non-durable goods required for dailyor frequent use. The sector touches every aspect of human life, from looksto hygiene to palate. Perhaps, defining an industry whose scope is so vastis not easy.The FMCG sector consists mainly of sub segments viz. personal care, oral care andhousehold products. This can be further sub-divided into oral care, soaps and detergents,Health and Hygiene products, beauty cosmetics, hair care products, food and dairy-basedproducts, cigarettes, and tea and beverages. Major Indian consumer product companies (like Britannia, P&G, HLL, etc. ) have a verystrong presence through their strong brands. Diversified port folios, wide distributionnetworks and scale economies of these companies deter new players from entering.Brand equity, therefore, is an extremely important factor in FMCG industry. One of theother most critical factors is the ability to build, develop, and maintain a robustdistribution networkPost-reforms, the industrys growth has been hinging around a burgeoning ruralpopulation which has witnessed significant rise in disposable incomes. Consequently, therural markets have been witnessing intense competition in almost all the consumerproduct classes. Another reason which has led to rise in this trend is the saturation inurban markets in most of the consumer non-durable goods categories.This has led to theindustry players scrambling for greater rural penetration as a future growth vehicle, thearea which accounts for 70% of the total Indian householdsSo far, it has been a chequered graph for the MNCs operating in the Indian FMCGindustry. Domestic companies are only beginning to make t heir presence felt in theindustry. It has taken tremendous consumer insight and market savviness for the FMCGplayers to reach where they are today. But, the journey seems to have just now begun forthe players as the majority of the rural populace are yet to get access to the items of dailyusage like toothpastes, soaps and shampoos. 6. Value for moneyEver since the global recession of 1991-94, which hit consumer spending hard, value-for-money has become the buzzword for FMCG companies globally. These FMCGcompanies embarked upon major restructuring and cost rationalization exercises asbusiness continued to become fiercely competitive. Several packaging innovations werealso resorted to. India was no different. There was a paradigm shift towards value-for-money products and, to some extent, towards the rural market. What Nirma did all these years suddenly became the buzzword for many FMCG players.Price cuts became inevitable to keep the market share from shrinking. Sometimes, thecuts to uched ridiculous levels. Economic recession hit the urban pockets badly and forcedcompanies to train their guns on rural India, which was witnessing a major change in itsaspiration and lifestyles and even had an income that translated into increasing volumes. India’s agrarian economy is fundamentally strong. Rural India accounts for as much as 70per cent of the nation’s population. That means rural India can bring in the much neededvolumes and help FMCG companies to log in volume-driven growth.Companies such asHLL, Colgate and Britannia who already had a strong rural focus, stepped up the gasfurther. HLL unleashed its â€Å"Operation Bharat†. Britannia pushed its Tiger biscuits toevery nook and corner of the country, while Colgate went about wooing the rural massesby offering low-priced products in convenient packaging. Those who could not do it ontheir own went piggyback on somebody else. P&G, whose distribution is largely urban,chose to leverage Maricos retail reach. P&G and Smith Kline Beecham, nonetheless, are interesting cases.With small productportfolios like theirs, they have been able to achieve what others could not and provedthat what you need is a good product, marketed effectively and sold at the right priceOf late, an interesting trend in the Indian FMCG sector has been brand acquisitions. Thisrepresents a growing awareness among the FMCG players are talking today more andmore of product â€Å"fits† while discussing brand acquisitions. It is not just acquiringanything and everything as it was in the pastRural marketing has become the latest marketing mantra of most FMCG majors.True,rural India is vast with unlimited opportunities. All waiting to be tapped by FMCGs. Notsurprising that the Indian FMCG sector is busy putting in place a parallel rural marketingstrategy. Among the FMCG majors, Hindustan Lever, Marico Industries, Colgate-Palmolive and Britannia Industries are only a few of the FMCG majors who have beengung-ho about rural marketing. With reason. Certainly, rural marketing holds the key to success of FMCG companies, which aredesperate to find ways out to gain deeper penetration. Not just the rural population isnumerically large, it is growing richer by the day.Of late, there has been a phenomenalimprovement in rural incomes and rural spending power. ? 7. FMCG sector performance in last decadeThe fmcg sector in India showed a constant decline in the last decade. What started as 20-25% growth rate in year 1994-96, had reached a negative growth rate of -2. 8% in Q1’04. The FMCG sector is now mockingly called SMCG or slow moving consumer goods. ? 8. Source India Today – R K Swamy BBDO Guide to Urban Markets*Soap, Shampoo, Nail Polish, Washing Powder, Footwear, Tea, Coffee, Cigarettes, Electric Bulbs.Rank Towns States Average Monthly Spending on FMCG Products* in Rs. 1 Chandigarh Chandigarh 3,418 2 Greater Maharashtra 2,955 Mumbai 3 Chennai Tamil Nadu 2,886 4 Ahmedabad Gujarat 2, 869 5 Vadodara Gujarat 2,816 6 Pune Maharashtra 2,804 7 Coimbatore Tamil Nadu 2,684 8 Ludhiana Punjab 2,674 9 Faridabad Haryana 2,596 10 Hyderabad Andhra 2,533 Pradesh ? 9. The Fabric Care Market In IndiaDetergentsThe Indian fabric wash market consists of synthetic detergents (comprising bars, powderand liquids) and oil-based laundry soaps. The detergent powder market is furthersegmented based on price and form.It is characterised by brands from a plethora ofregional and local players competing with the national marketers primarily in the low-priced and mid-priced segmentsThe synthetic detergent market can be classified into premium (Surf, Ariel), mid-price(Rin, Wheel) and popular segments (Nirma), which account for 15%, 40% and 45% ofthe total market, respectively. The product category is fairly mature and is dominated bytwo players, HLL and Nirma. Nirma created a revolution in the market by pioneering theconcept of low-cost detergents.Currently, the market is highly segmented with thedifferential between the premium and popular segments at almost 7X. GrowthAlthough the per capita consumption of detergents in India (2. 7 kg pa) is comparable tosome countries like Indonesia, China and Thailand (around 2 kg pa), it is lower than inothers such as Malaysia, Philippines (3. 7 kg) and the USA (10 kg). High consumerawareness and penetration levels will enable the market to grow at an average 8-10% perannum with slightly higher growth in the rural areas. Higher penetration stems frompopularity of low-cost detergents.Hence, besides increase in per capita consumption,there is tremendous scope for movement up the value chain. Leading Fabricare Brands Available In IndiaSurf ExcelSurf comes from the stables of Hindustan Lever, the largest player in this market with anoffering at each price point. Surf was the first detergent powder brand to be launched in thecountry. It created the detergent powder category and introduced the concept of bucketwash to housewives hitherto u sed to washing clothes with laundry soap bars. Surf has, since,become generic to detergent market.Consumers refer to all their powders as Surf, evencompetitive powders are called Surf e. g. Nirma Surf ? 10. Selling over 60,000 tonnes per year, Surf is the market leader in the concentrate andpremium powder price segments Surf has always been the first to recognize and respond totrends. Whether it was through Surf with Easy Wash- a low lather variant, in 1994 or Surfwith Wash Boosters (1995) that provided best clean even in hard water. The brand SurfExcel now has three variants – Surf Excel Quickwash, Surf Excel Blue and Surf ExcelAutomatic – which address different laundry needs but each offers stain removal as the keybenefit.In 2003, recognising changing consumer purchase patterns, it once again redefined value forthe consumers by introducing the concept of monthly packs. Sensitive to the increasing concerns on environmental pollution and water scarcity problemsacross the country, it brought to the consumer Surf Excel Quickwash. This low lathervariant is the first eco-friendly detergent in the country, as it uses almost half the water otherdetergents require. Surf has innovated beyond the basic product into other aspects of laundry.Understandingthe need for easy-to-store packaging, tubs and jars were introduced. In order to helpconsumers dose correctly for the best possible clean, measuring scoops were built into thepacks. For convenience seekers, washing has been simplified with the ready to dose packs ofSurf Excel Automatic. Consistent innovation addressing ever-evolving consumer needs has earned the brand aplace in the hearts of consumers. Surf was rated in the top Ten Most Trusted brands in TheEconomic Times survey in 2003WheelWheel is Indias number one detergent brand.Launched in 1987, it cleans effectivelywith lesser effort, making a laborious chore like washing light and easy. Moreover,Wheel does not burn hands or harm clothes like some ot her detergents, which containa high percentage of soda. Ever since its relaunch in 2001, with the new positioning of best clean with less effort,Wheel has been growing strongly. Research showed that consumers seek a solution to heavyduty laundry, like bed sheets and curtains. Developing on this insight, wheel sought to ? 11. liminate the trouble of tough dirt or heavy-duty laundry. Mass market consumers havewelcomed the solution, making it the number one. Nirma – a home-grown product that revolutionized the detergent market in India, andsuccessfully challenged large multinational leaders in the process. The Nirma success story isa result of its founder, Dr. Karsanbhai Patels relentless focus on quality, cost and value. Thedistribution model, sustained line extensions and umbrella branding strategies have enhancedthe brands cost leadership.Today, the companys two brands, Nirma and Nima, aredistributed through more thantwo million retail outlets across the country, generating g rosssales in excess of Rs. 26,000 million. In the fabric care category, Nirma has three productsfor the lower-end market. The Nirma Yellow Washing Powder is available in pack sizes of30 gms, 200 gms, 500 gms and 1 kg, and is ranked as the largest selling single detergentbrand in the world. Nirma is one of the large st selling single detergent brands in the world.Nirma products aresold through two million retailers and reach 400 million. This brand had been ranked as the â€Å"Most widely distributed detergent powder brand in India† as per AllIndia Census of Retail Outlets carried out in 435 urban towns by the AIMS (Asian InformationMarketing & Social) Research agency [Brand Equity – The Economic Times, March 11, 1997]. As perthe ORG-MARG Rural Consumer Panel [December 1998] survey, Nirma brand has been ranked ashighest in terms of penetration in washing powder category [BT Rural Market Watch, Business Today, June22, 1999]. ? 12.World-over Ariel epitomizes ‘stain removal’ and removes even the toughest stains in the firstwash. Introduced in India in 1991, Ariel has continuously led other detergents in productinnovation. For example, it pioneered the use of enzyme technology for superior and safestain-removing power, longer-lasting perfume, and the P&G proprietary cleaningtechnology, which cleans everyday soil and dirt from garments. Over the years, the brand hasenjoyed endorsement from celebrities such as the former actress and now MP Shabana Azmiand lakhs of other homemakers in India.Tide is the World’s Oldest and Most Trusted Billion Dollar Detergent and is the marketleader in 23 Countries around the world. Tide provides outstanding whiteness on whiteclothes and provides excellent everyday cleaning for colored clothes too. Launched in Indiain mid-2000, the brand has gained popularity among Indian housewives, thanks to itssuperior whitening, creative advertising starring Shekhar Suman, and its Value-for-Moneyproposition. Both T ide and Ariel are billion dollar brands in sales for P&G globally. Now Large Packs of Tide and Ariel – World’s Best Detergents at Rs. 3/- and Rs. 50/- only Mumbai, India — March 02, 2004 — Procter & Gamble today announced that it has reduced the prices of Ariel and Tide bags (large packs) by 20-50%, while maintaining the superior quality. The superior quality ? kg pack of Tide now cleans a family’s one-month laundry in just Rs. 23/-, while a ? kg pack of Ariel cleans a family’s one-month laundry in just Rs. 50/-. This significant price reduction will now allow many more Indian consumers to experience the world-class experience of outstanding whiteness from Tide and superior stain-removal from Ariel in every wash.The new prices of Ariel and Tide are as follows: ? 13. Old Price New Price Old Price New Price Pack Size P&Gs move to slash Ariel Ariel Tide Tide detergent prices is 200gm Rs. 30 Rs. 22 Rs. 20 Rs. 10 ostensibly to get more consumers to 500gm Rs. 70 Rs. 50 Rs. 43 Rs. 23 experience its brands 1kg Rs. 135 Rs. 99 Rs. 85 Rs. 46 but the industry sees it primarily as a 1. 5kg Rs. 180 Rs. 145 N. A* N. A move to wrest the advantage from HLL 2kg N. A N. A Rs. 160 Rs. 88 in a sluggish market. The prices of sachets (20gm) of Ariel and Tide remain unchanged. N. A = Not Available in that size. Six months ago, P&G reduced the prices of Ariel and Tide sachets by 50% in order toencourage a larger number of consumers to experience their superior quality. The bettervalue offer on sachets received such an overwhelming, positive response from consumersacross India that P&G was encouraged to offer the irresistible value to Ariel and Tide bagusers as well, thereby make the world’s best detergents accessible to a larger number ofIndian consumers.P&G talked to over 3,000 consumers across the length and breadth of India and observedover 25,000 washing sessions in consumers’ homes. Consumers believed in the superiorquality of Ariel and Tide but indicated ‘pricing’ as a constraint in using Ariel and Tide on aregular basis. The drop in prices by the P&G has forced HLL to also react in a similar way thus shrinkingthe overall profit margins for the group. While the immediate impact of any price slash isbound to result in more volumes and thereby shares for the companies concerned,improving margins in the business remains doubtful. 14. Company OverviewHindustan Lever Limited (HLL) is Indias largest fast moving consumer goodscompany, with leadership in Home & Personal Care Products and Foods & Beverages. HLLs brands, spread across 20 distinct consumer categories, touch the lives of two out of 1888 Sunlight soapthree Indians. They endow the company with a scale of combined volumes of about 4 introduced inmillion tonnes and sales of Rs. 10,000 crores. India. The leading business magazine, Forbes Global, has rated Hindustan Lever as the bestconsumer household products company.Far Eastern Economic Review has rated HLL asIndia’s most respected company. Asiamoney has rated HLL as one of India’s best managedcompanies. Leading national publications, like The Economic Times, Business World, and 1895Business Today have also rated HLL as one of India’s most respected companies and the Lifebuoy soapnumber one in Market Value Added and EVA. launchedHLL is Indias largest marketer of Soaps, Detergents and Home Care products. It has thecountry’s largest Personal Products business, leading in Shampoos, Skin Care Products,Colour Cosmetics and Deodorants.HLL is also the market leader in Tea, ProcessedCoffee, branded Wheat Flour, Tomato Products, and Ice cream, Soups, Jams and 1902Squashes. Pears soap introduced inHLL is also one of the countrys biggest exporters and has been recognized as a Golden IndiaSuper Star Trading House by the Government of India; it is a net foreign exchange earner. HLL is Indias largest exporter of branded fast moving consumer goods. The companysExports portfolio includes HLLs brands of Soaps and Detergents, Personal Products,Home Care Products, Tea and Coffee.HLL is also driving exports in chosen areas whereIndia has a competitive advantage – Marine Products, Basmati Rice, Castor Oil and its 1903 Brooke BondDerivatives. It is Indias largest exporter of Marine products, and one of the largest global Red Label teaplayers in castor. launched. Market leading brandsHLL’s brands have become household names. The company’s strategy is to concentrate itsresources on 35 national power brands, and 10 other brands which are strong in certain 1905regions. The top five brands together account for sales of over Rs. 3000 crores.Each of Lux flakesthese mega brands has a potential scale of Rs. 1000 crores in the foreseeable future. introducedSome of the big brands in Soaps and Detergents are Lifebuoy, Lux, Liril, Hamam,,Pears,Rexona & Dove, (all soaps), Surf Excel, Surf, Rin, & Wheel (all detergents). HLLalso m arkets the Vim and Domex range of Home Care Products. 1913In the Personal Products business, HLLs Hair Care franchises are Clinic, Sunsilk and Lux Vim scouringshampoos. In Oral Care, the portfolio comprises Close-up and Pepsodent toothpastes and powdertoothbrushes.In Skin Care, HLL markets Fair & Lovely Skin Cream and Lotion, the introduced. largest selling Skin Care Product in India; a brand developed in India, it is now exported toover 30 countries. It has been extended as an Ayurvedic cream, an under-eye cream, soap ? 15. and talc, in line with the strategy to take brands across relevant categories. The other majorSkin Carefranchises are Pond’s, Vaseline, Lakme and Pears. In Colour Cosmetics, HLLmarkets the Lakme and Elle-18 ranges.In Deodorants, the key brands are Rexona, Axe, 1930Denim and Ponds, while the Talc brands are Ponds, Liril, Fair & Lovely, Vaseline and Unilever isLifebuoy. Axe and Denim are HLL’s franchises for Men’s toiletries. formed on January 1HLL has recently launched Lever Ayush Ayurvedic Health & Personal Care Products. Health Care is among the new businesses HLL has chosen to enter. The product rangecomprises Cough Naashak Syrup, Headache Naashak Roll-on, Dandruff NaashakShampoo, Hair Rakshak Oil and Body Rakshak Soap.The purity of the Ayurvedic 1931ingredients in Lever Ayush is endorsed by the renowned Arya Vaidya Pharmacy (AVP) of HindustanCoimbatore. It is for the first time that rigorous testing procedures of the pharmaceutical Vanaspatiindustry have been applied to Ayurvedic products. That is why the brand seal is ‘Truth of ManufacturingAyurveda; Proof of Science’. Company registered on November 27HLL has started franchised Lakme Beauty Salons, offering standardised services, in linewith the strategy to add a service dimension to relevant brands.The company has set up the Hindustan Lever Network, a direct selling channel, offering 1932the Lever Home range of Laundry and Home Care products and the A viance Personal Vanaspati manufactureCare range. starts at SewriThe company has also begun an e-tailing service, called Sangam, which can home-deliveron order by phone or through the Net, a diverse range of about 5000 branded andunbranded products. The service is now available in select areas of Mumbai and NaviMumbai, besides Thane. 1939HLL is one of the world’s largest packet Tea marketers.Its Tea brands – Taj Mahal, Red Garden ReachLabel, Taaza, – are among the top brands in the country; it also markets Lipton Ice Tea. Factory purchasedHLL and Pepsi have formed an alliance to distribute a full range of tea and coffee and soft outrightbeverages through vending machines; HLL already has a base of around 15000 suchmachines. The coffee business comprises Bru Instant Coffee and Deluxe Green LabelRoast & Ground Coffee. The Kissan and Knorr Foods range comprises Spreads & Jams, Biscuit Sticks, Soups, 1943 Personal ProductsSquashes, Tomato Ketchup, Sauces, Puree, and Cooking Aids.Popular Foods, like Wheat manufactureFlour and Iodized Edible Salt, under the Knorr Annapurna brand name, have met with begins in India atremarkable success. The range has been expanded with ready-to-eat 10-second chapatis. Garden ReachThe innovative offerings are changing consumer habits into using processed, hygienic, Factoryhealthy and convenient products. The Kwality-Walls Ice Cream range comprises exotic Sundaes, Viennetta Desserts,popular ‘Impulse’ segment products like Max, Cornetto and Feast, and Cornetto Ripple 1947Softies.Ponds Cold Cream launched. Max was extended in 2001 as sugar confectioneries, because children are a key consumersegment in confectioneries too. This is among the new businesses HLL has chosen toenter. ? 16. HLL has acquired Modern Food Industries (India) Limited, entering the bread market. Modern Foods was the first Public Sector Undertaking to be disinvested. Besides 1959 Surf launched. upgrading the existing Modern products, H LL has launched new products, among thembiscuits. HLL is liberating its brands from their existing category mindset.Historically, brandsoriginated and stayed within a category format. HLL sees its Power Brands as being able tooccupy a unique position in the consumers mind and therefore being able to stretch intoother product formats and categories. All such initiatives have had a promising start, and 1964there are more to come. Etah dairy set up, Anik ghee launched; Animal feeds plant atThe Distribution network Ghaziabad; Sunsilk shampooHLL’s distribution network is recognised as one of its key strengths — that which helps launched. each out its products across the length and breadth of this vast country. The need for astrong distribution network is imperative, since HLL’s corporate purpose is â€Å"to meet theeveryday needs of people everywhere. †HLLs products, manufactured across the country, the operations involve over 2,000 1969 Rin bar launchedsuppli ers and associates. HLLs distribution network, comprising about 7,000redistribution stockiest about one million retail outlets, directly covers the entire urbanpopulation, and about 250 million rural consumers.In addition to the ongoing commitment to the traditional grocery trade, HLL is building aspecial relationship with the small but fast emerging modern trade. HLLs scale enables itto provide superior customer service including daily servicing, improving their rangeavailability whilst reducing inventories. HLL is using the opportunity of interfacing more 1975 Close-updirectly with consumers in this retail environment through specially designed toothpastecommunication and promotions. This is building traffic into the stores while yielding high launched.. growth for the business.An IT-powered system has been implemented to supply stocks to redistribution stockistson a continuous replenishment basis. The objective is to catalyse HLL’s growth by 1978ensuring that the right pro duct is available at the right place in right quantities, in the most Fair & Lovely skin creamcost-effective manner. For this, stockists have been connected with the company through launched.. an Internet-based network, called RSNet, for online interaction on orders, dispatches,information sharing and monitoring. RS Net covers about 80% of the companys turnover. 930 Unilever is formed onHLLs foray into Network Marketing January 1 1988 Launch ofAs per the market surveys conducted it is expected that the consumer market in India is Lipton Taazaworth 13000 crores per year and in few years the network market will capture 500 crores as tea. per market surveys, considering the potential Hindustan Lever has launched HindustanLever Network (HLN), a unique Network Marketing opportunity . ? 17. 1991The Network marketing concept Surf Ultra detergent launched. In the normal marketing system, the manufacturer supplies the products through themiddle men such as brokers, wholesalers and retailers. These middle-men add theirestablishment costs and their own margin of profit or commission on the price. Thisincreases the price by approximately 45 per cent. The consumer therefore gets the productat atleast a 45 per cent markup from the manufacturers price. 1993 Tata Oil Mills CompanyIn network marketing, these middle men are eliminated. A person is invited to join and (TOMCO),become a member (also called Consultant) of the network marketing company. This merges with theperson in turn invites many more people to join under him to form a group.These group companymembers, in turn invite their acquaintance to join under them. This group is made tosteadily grow and it can grow into thousands or tens of thousands, in the course of time,depending upon the enthusiasm with which the Consultant pursue the sponsorship of newConsultants. 1994 HLL introducesThese Consultants make purchases of the products of the marketing company for self use Walls. and also for sale to other consumers. For t heir loyalty in regularly purchasing the products,the marketing co. gives discounts, handsome bonuses, rewards and special incentives.Each consultant in the group gets his shares of benefits depending upon the purchasesmade by him and also by the number of the consultant under him (called downlines). This 1995is called network marketing. HLL enters brandedThe growth in the beginning will be slow, from 1 to 2 to 4†¦Ã¢â‚¬ ¦. but later on it will be rapid, staples1000 to 2000 to 4000†¦.. and so on. Given below are the approx. benefits received, business with saltdepending upon your group strength and on the assumption that each consultant haspurchased goods worth Rs 1,000/- in the month. The benefits will be more for higherpurchases and bigger groups.Group Strength Benefits: 1996 HLL introduces253Nos(1+12+60+180) Rs17,938/- branded atta; Surf Excel launched1531Nos(1+18+216+1296) Rs64,558/-3061Nos(1+36+432+2592) Rs 1,28,818/- 2002 HLL enters Ayurvedic health & beauty centre. ? 18. Shakti-Hll Rural ProjectShakti is HLLs rural initiative, which targets smallvillages with population of less than 2000 people or less. It seeks to empower underprivileged rural women byproviding income-generating opportunities, health andhygiene education through the Shakti Vani programme,and creating access to relevant information through theiShakti community portal.Started in 2001, Shakti has already been extended to about50,000 villages in 12 states – Andhra Pradesh, Karnataka,Gujarat, Madhya Pradesh, Tamil Nadu, Chattisgarh, UttarPradesh, Orissa, Punjab, Rajasthan, Maharashtra and WestBengal. The respective state governments and several Project Shakti – By using self-helpNGOs are actively involved in the initiative. Shakti already groups, HLL has pushed its productshas about 13,000 women entrepreneurs in its fold. A typical down into the country. Into villagesShakti entrepreneur earns a sustainable income of about where people cannot spend more thanRs. 00 -Rs. 1,000 per month, which is double their average Rs 20-25 on FMCGs in a monthhousehold income. Project Shakti will expand the distribution cover bottom-up, the rural project will be top-down. Thiswill be a huge competitive advantage for Lever. The costs of expanding into these villages will betoo high for most companies, which do not have a portfolio spanning teas to detergents,In recent past Hindustan lever took some major decisions to remodel its business. These decisionshad major impact on the how distribution of lever products is managed in the market.Hindustan lever took the decision to simplify the company it merged all the different business unitsinto two large divisions: home and personal care (HPC) and foods and beverages (F&B). This gaveeach division â€Å"The advantage is that these divisions get us enormous scale,† The companydecided to whittle its brands down from 110 to 35, over the next three years. This is known asHLL’s Power Brand strategy. To identify these power brands, managers were asked to consider their growth potential, profitdelivery and the size of the opportunity.And to ensure that Lever would not lose sales, it wasdecided to migrate these brand users to the designated power brands. For one, the drastic slimmingdown of the brand portfolio which threw up huge problems in execution is now over. HLL is already combining its scale advantage to offer retailers a bigger basket of products and betterservice. Instead of different sales teams servicing the same retailer, the company has integrated bothHPC and Foods portfolios for modern trade chains like Margin Free. Once again, its large portfolio ? 19. ange helps Lever to use the power of customer relationships to corner greater shelf space and adisproportionately higher share of the branded segment. Modern trade, it reckons, is already growing at 15-20 per cent and will continue that way for a longtime. By bulking up the businesses, it is possible for Lever to service these mo dern trade outlets on adaily business. As a result, these retailers do not have to maintain high inventory levels. HINDUSTAN LEVER LIMITED — BOARD OF DIRECTORSMr. Harish Manwani Non Executive chairmanMr. M. K. Sharma Vice ChairmanMr. Arun Adhikari Managing Director (Home & Personal Care)Mr.S. Ravindranathan Managing Director (Foods)Mr. D. Sundaram Finance & IT DirectorMr. A. Narayan DirectorMr. V. Narayan DirectorMr. D. S. Parekh DirectorMr. C. K. Prahlad Director ? 20. The CompetitorsThe Indian FMCG markets have witnessed some of the classic struggles involving HLL. Sofar Levers have been able to stand their ground but times are changing. HLL’s response tothe latest challenges is being eagerly studied by the corporate India. In order to gain afoothold in Indian FMCG sector various domestic and MNC companies are using all kind ofschemes to woo customer from HLL.The major competitors of HLL are:Detergents: P&G, Nirma, Henkel SpicToothpaste: Colgate-PalmoliveBeverages: R asna, Coca-Cola (Sun fill)Tea: Tata teaCoffee: NestleIce-creams: AmulShampoo: P&G, Garnier Procter & GambleP&G Home Products Limited is a 100% subsidiary of The Procter & Gamble Company,USA. P&G Home Products Limited is one of Indias fastest growing Fast Moving ConsumerGoods Companies that has in its portfolio P&Gs global brands such as Ariel and Tide in theFabric Care segment, and in the Hair Care segment: Head & Shoulders – worlds largestselling anti-dandruff shampoo; Pantene – worlds No. beauty shampoo; and Rejoice – AsiasNo. 1 shampoo. Fabric CareProcter & Gamble has two of its world-leading detergents – Tide and Ariel, in India to caterto the main concerns of the Indian households. In India P&G has launched followingbrands: †¢ Ariel Front-O-Mat Ariel 2 Fragrances †¢ Tide Detergent †¢ Tide BarHair CareIn India, P&G’s beauty care business comprises of Pantene, the world’slargest selling shampoo, Head & Shoulders, the worldà ¢â‚¬â„¢s No. 1 Anti-dandruffshampoo and Rejoice – Asia’s No. 1 Shampoo. †¢ Pantene Pro V †¢ Head & Shoulders †¢ Rejoice ? 1. Baby Care †¢ PampersIn India, P&G will continue to be a midget, in turnover terms, when compared to HindustanLever. The two P&G subsidiaries in India (P&G Hygiene and P&G Home Products) todaygenerate a combined turnover of about Rs 1,100 crore, just a tenth of Hindustan Leverssales. P&Gs distribution network is largely urban and has a reach of 0. 4 m outlets. In 1994, Godrej entered into a strategic alliance with P&G for inter alia toilet soap business,under which Godrej used to manufacture soaps, which were marketed by a joint venturecompany.However post marketing alliance with P&G, the company lost significant part ofits market share and subsequently the arrangement was discontinued. Godrej’s entiredistribution network was then taken over by P&G. THE Procter & Gamble -Gillette deal could result in the former getting a significant boostboth to its scale of operations and range of products in the Indian market. That Gillettesportfolio of shaving razors, gels, grooming products and toothbrushes has no overlap withthat of P&G in India (shampoos, detergents, feminine hygiene, cold medication) is apositive.The addition of Gillettes businesses could help P&G expand its portfolio andacquire a more extensive distribution network; This may strengthen P&Gs hand in theongoing war for market share with Unilever arms in the Asian markets, particularly withHindustan Lever in India. NirmaNirma is one of the few names – which is instantly recognized as a true Indian brand, whichtook on mighty multinationals and rewrote the marketing rules to win the heart of princess,i. e. the consumer. It was way back in ‘60s and ‘70s, where the domestic detergent market had only premiumsegment, with very few players and was dominated by MNCs.It was 1969, when KarsanbhaiPatel started door-to-door selling of h is detergent powder, priced at an astonishing Rs. 3 perkg, when the available cheapest brand in the market was Rs. 13 per kg. In a short span,Nirma created an entirely new market segment in domestic marketplace, which is, eventuallythe largest consumer pocketand quickly emerged as dominating market player. Now, the year 2004 sees Nirma’s annualsales touch 800,000 tones, making it one of the largest volume sales with a single brandname in the world.Looking at the FMCG synergies, Nirma stepped into toilet soapsrelatively late in 1990 butthis did not deter it to achieve a volume of 100,000 per annum. This makes Nirma thelargest detergent and the second largest toilet soap brand in India with market share of 38%and 20% respectively. SoapsIn 1992, sensing a strong need to expand the market through PenetrativePricing, Nirma entered this market with the launch of ‘Nirma Bath Soap’&‘Nirma Beauty Soap’ . In 1998 Nirma expanded its product line in the soap ? 2 2. ategory by introducing ‘Nirma Lime Fresh’ & ‘Nirma Rose’. This brand had carved a nichein its segment by achieving leadership position just within two months of its launch. It isavailable in 100g and 150g pack sizes. Nirma entered the premium soap segment when itlaunched ‘Nirma Sandal’DetergentsNirma launched â€Å"Nirma Washing Powder† in Indian market in year 1969, This productwas priced at almost one third to that of the competitor brands, resulting into instant trial bythe consumers. Presently Nirma has different variants in Indian market.Nirma washing powderNirma superNirma popularEdible SaltNirma has also entered the Food market in the recent past with launch of Nirma Shudh. ? 23. FINANCIAL ANALYSISRatio Analysis ? 24. All figures in Rs cr Particulars Dec 2001 Dec 2002 Dec 2003 Dec 2004 Sales 12420. 71 10641. 15 11919. 04 11594. 65 Total assets 7089. 06 7761. 01 8104. 68 7820. 34 Net worth 3170. 86 3713. 91 2189. 22 2148. 67 Bor rowings 102. 55 86. 23 1715. 18 1604. 25 Capital Employed 3273. 41 3800 3904 3752 Debtors 1254. 38 1169. 49 1228. 55 793. 56 PAT 1576. 47 1757. 59 1687. 3 1208. 4 PBDIT 2211. 63 2461. 31 2462. 92 1875. 63 Depreciation 202. 63 192. 65 199. 99 195. 68 PBIT 2009 2269 2262. 9 1680Current liabilities & Provisions 3709. 17 3841. 92 4084. 71 3919. 71 Current assets 3505 3510 3610 3132 Current assets -Inventories 2201 2146 2120 1574 Long term Debt 102. 55 86. 23 1715. 18 1604. 25 Interest 12. 31 12. 86 69. 12 136. 25 Total Purchases 6077. 97 5389. 04 5438 5413. 77 Profitability Ratios Operating Profit Margin (%) 16. 17 21. 30 19 14. 5 Net Profit Margin Ratio (%) 12. 68 16. 51 14. 15 10. 42 ROTA (%) 28. 3 29. 23 27. 92 21. 5 ROCE 61. 37 59. 72 58 44. 77 Return on Equity (%) 49. 71 47. 3 77 56. 23 Liquidity Ratios Current ratio 0. 944 0. 91 0. 88 0. 79 Quick Ratio 0. 59 0. 55 0. 52 0. 40 Absolute Cash Ratio 0. 25 0. 254 0. 218 0. 20 Solvency Ratios Debt Equity Ratio . 032 0. 023 0. 78 0. 75 I nterest Coverage Ratio 163. 2 176 32. 74 12. 33 Efficiency Ratios Debtor Days 38. 85 40. 11 37. 62 25 Creditor days 135. 31 149. 2 131. 62 145. 23 Total assets turnover ratio 1. 75 1. 37 1. 47 1. 48 ? 25. Interpretation: †¢ Profitability Ratios:HLL earns 14. paisa on every Re. 1 of Sale before Interest and Taxes It ultimately makes 10. 42paisa on every Re. 1 of Sale after Interest and Taxes. It is visible that Hindustan Lever Ltd. has not been able to increase its Operating Profit marginconstantly over the years. We can see that the operating margin has decreased considerable in thelast year. This is mainly due to the fact that the interest cost of HLL has almost doubled from 69. 12crores to 136. 25 crores. Moreover the company’s operating expenses have increased by almost 75% in the year 2004.The efficiency has certainly decreased over the last few years mainly owing tohigh operating expenses , increased interest burden and high indirect taxes. The Net Profit Marginhas also decreased by 17. 8 % in 2004 as compared to 2001. This is mainly due to the decrease insales by Rs. 826 cr. HLL generates 21. 5% Return on Total Assets (ROTA) that it employs in its operations in theyear ended 2004. ROTA has decreased in the last year mainly due to the fact that its profit marginhas decreased. It could be ecause of high competition as a result of which profits have decreasedand the total assets of the company have increased. As we can see that the Return on Capital Employed (ROCE) for Hindustan lever Limited hasdecreased considerably during the last year mainly due to lower profit margins. The company isearning a return of 44. 77% on the funds employed by it. Though the ROCE has seen aconsiderable change, even now the company is getting good enough returns and can pay goodenough dividends to the shareholders as we saw the case in the year 2004 where the rate ofdividend was 250%.The Return on Equity Ratio (ROE) states how much profit a company earned in comparis onto total amount of shareholders equity on the balance sheet of the company. Here, we see that theROE of HLL has increased in comparison to the year 2001 but this cant be concluded as afavourable situation for the company as looking at the figures in detail we can notice that there hasbeen a near to 30% decrease in ROE in comparison to the year 2003 , also we do see that the PATof the company has fallen by about 23% and the shareholders equity has also decreased by 32% incomparison to the year 2004. But Even now an ROE of about 56. 3% is considered to be verygood. †¢ Liquidity Ratios:It can be seen from the above table that the Current Ratio for all the years is less than 1. Thissignifies that HLL has short term liabilities greater than the short term assets. It implies that thecompany would have problems in managing its short term liabilities and liquidity requirements. The company might have to resort to financing its short term liquidity requirements by long termsources of finance. We can observe that the current assets have decreased by 13 % and at the same time the currentliabilities have decreased by just 4 % in the last year.The reason is that since the company is ? 26. using long term sources of finance to fund its short term obligations therefore the interest burdenhas increased and as a result the cash balance has decreased . Other receivables have also decreasedby more than 66% leading to a fall in current assets. †¢ Solvency Ratios:The company was highly unleveraged in the years 2001 and 2002. It was risky as the company hadinvested a huge amount of its own funds as compared to debt. However in the last 2 years thecompany has changed its policy and is leveraging the advantage of debt along with equity.Thoughthe debt equity ratio of 0. 75 is not good enough as compared to industry norms of 2:1 but thecompany is moving towards a favourable debt equity mix. It has realized the importance of tradingon equity . The Company has increased its d ebt burden by 1470% in the last 4 yearsInterest Coverage Ratio(ICR) basically signifies the ability of a firm to service its interest burdenthrough the profits generated . In the initial years when the firm had not employed debt its interestburden was very low.As a result the Interest Coverage ratio is very high, gradually the companyhas employed more debt and as a result of which the interest burden has increased significantly. Moreover, due to high competition and operating inefficiency the earnings of the company havedeclined. As a result the ICR has reduced from 163. 2 to 12. 33 in the last 4 years. However an ICRof 12. 33 is still very impressive which reflects the company’s ability to pay interests on loanseasily. This is a good indicator to the various financial institutions providing long term sources offinance to HLL. Efficiency Ratios:Here, we see that the Debtors Days for the company is less than the Creditor Days of thecompany. From this we can interpret that the company has a favorable cash position as it is makingits payments long after receiving the dues from the debtors. Here, from the Asset Turnover Ratiowe can know how efficiently the firm is using its assets, the ratio for which is pretty low for thecompany. The Creditor Days as well as Debtor Days both show negative growth which reflectsnegatively on the company’s financials. The Asset Turnover Ratio also shows negative growthwhich is also not a good sign for the company.Thus, looking into these figures we can analyze thatthe efficiency level of the company has gone down vis-a-vis the previous years and hence thecompany needs to look urgently into these matters so as to improve the efficiency of the company. O DU-PONT RATIO ANALYSIS:The Du Pont ratio analysis is a combination of financial ratios in a series in order to assess theinvestment returns of the company. It combines the financial ratios of both the Income Statementas well as the Balance Sheet in order to assess either the Return on Equity or the Return onInvestment.One of the Plus points of this method is that it provides a clear understanding of howthe company generates its return. This analysis provides an insight into the importance of assetturnover as well as sales to overall return. This formula shows the relationship of profit margin andturnover how these two complement each other. ? 27. The Du Pont ratio divides the Return on equity into three parts: Net Profit Margin, total assetturnover, and the company’s use of leverage referred to as Equity Multiplier also. DU-PONT CHART FOR HLL FOR THE YEAR 2004 RETURN ON EQUITY =PAT/NETWORTH 56. 3% Equity NET PROFIT TOTAL ASSET Multiplier MARGIN TURNOVER =TA/NW =PAT/NETSALES =SALES/TA =10. 42% =1. 48 =3. 64% RETURN ON ASSETS ROA=PAT/TA =15. 44%Growth Trends Over The Years Particulars Dec-01 Dec-02 Dec-03 Dec-04 ? 28. Sales 12420. 71 10641. 15 11919. 04 11594. 65Expenditure 10627 8690 9941 10076Change InSales (%) — -14. 33 12 -2. 7Chang e InExpenditure(%) — -18. 22 14. 39 1. 35Change inPBIT (%) — 12. 94 -0. 26 -25. 75Change inPAT (%) — 11. 48 -3. 99 -28. 38Change inBorrowings(%) — -15. 91 1889 6. 46Change InInterest (%) — 4. 46 437. 48 97. 12 ? 29. COMMON MARKETING MIX FOR ALL MARKETS 1.Product consists of brand, quality, appearance, 2. Price Structure consists of prices, dealers and consumers discounts. 3. Promotional activities consist of advertising, media. 4. Placement (distribution) system consists of dealers, distributors, retailers and overall logistics. MARKETING MIX FOR RURAL MARKET 1. Product 2. Price 3. Promotion 4. Placement system 5. Packaging-Reason for putting it separately is because symbols and packaging becomes very important when literacy levels are very low. 6. Retailer is the one who gives all information about brand choice and consumer feedback. 7.Education is very important for rural sector-eg. Project Shakti 8. Empowerment Example-Project Shakti and Self He lp Groups. PRODUCTSurf derives its name from ‘Surfactant’ the basic ingredient of a detergent. After 44 years, Surf brand has been upgraded and made more modern and contemporary. Surf has changed – the entire brand is now called â€Å"Surf Excel†. Continuousimprovements in the formulation of the product and introduction of new ingredients e. g. enzymes, along with new perfumes have ensured that the product meets the evolvingconsumer needs. The brand Surf Excel now has three variants – Surf Excel Quickwash, ? 0. Surf Excel Blue and Surf Excel Automatic – which address different laundry needs buteach offers stain removal as the key benefit. Surf Excel Blue Target segment: Economic segment. Attributes:-Removes stains without fading colours. Sizes avalaible: 25gm, 200gm, 500gm, 750gm, 1. 5kg, 3kgSurf Excel Quickwash (also called as Surf Excel Easy wash)(Hitherto known as just Surf Excel) Target segment: Superior quality for washing machine users. Sizes available:- 20gm, 20gm, 500gm, 1kg, 1. 5kg Attributes:-Stain removalSurf Excel Automatic Target segment:-Washing machine owners –Top and front loading machines .Sizes available:- 600gm, 1kg Attributes: Low lather detergent, anti corrosive, stain removal, ensures longer life of fabric. PRICELatest price war between detergent majors, Hindustan Lever (HLL), Proctor and GambleIndia (P&G), Nirma and Henkel-Spic India (HSIL) has proved that price in the marketingmix is very critical for growth of HLL products. If Surf excel prices were reduced to match the price cuts of their competitor (P&G),simultaneously they had to ramp up spending on advertising and promotions to increaseconsumption and penetration in the market and retain values of premium brand ? 1. PROMOTIONSSurf communication has been pleasant, soothing and gentle, Surf Excel has had adistinctively bold ‘tongue in cheek’ style of communication. Promotions for Surf Excelare more often than not tactical w eapons. Gift is offered to the consumer to gain short-term patronage or to engineer enhanced consumption. Choice of various promotionalgifts is usually governed by what can be bought cheap rather than any brand-relatedfactors. Surf Excel has always been sensitive enough to recognise the change in the consumerchoice dynamics.In some of their promotions, they have pampered influencersconsidering that brand choice in family products is a collective exercise. Various promotions being used for Surf are: †¢ Scholarship offer –Rs five lakh scholarship. Extremely rare and intelligent use of the marketing budget. Beauty of this promotion is in its design. An innovative and clever way of underscoringthe core promise of Surf Excel — stain removal!! Visual depiction in the ad is student-focussed — there are no mothers or daughters to be seen in the ad.Most of the people inthe ad are in their teens. The protagonist himself is barely in his teens. This can be anindicatio n towards changing consumer algorithm. This was backed by Win with Stains campaign – one of the largest campaigns taken upby Surf excel. This promotion is happening in Orissa markets which is aimed at offering consumers achance to win prizes as well as give students an opportunity to pursue further studies. Theaim of the whole campaign is to drive home the point that stains are good in life and oneis not to be scared to get themselves dirty.They are not only doing road shows,advertisements but branded horoscope columns in keeping with the theme of luck andfortune. They have roped in former South African cricketer Jonty Rhodes to participate in theWin with stains washathon to wash the largest stain in town with kids of the NGO -Magic Bus †¢ 1 bucket free with 3kg of Surf Excel has really managed to increase sales revenue of Surf excel. This is the most successful consumer promotion till date in Orissa market. †¢ Surf KidStains – a roadshow that invites consume rs to get first-hand experience of using Surf.Surf has taken communication beyond mass media advertising and involved consumersin the brand’s promise in the real world. It has touched consumer’s life through schoolcontact and in-store programmes. Road shows have helped to go to the consumers anddemonstrate superior performance vis-a-vis competition. ? 32. PLACEMENT SYSTEMIn Orissa, HLL has around 100 dealers and distributors. But HLL is into the exercise ofreducing number of channels in Orissa by increasing territory size of each dealer. HLL Distribution in Rural MarketsHLL has come up with new distribution channels to cater to rural markets.For long-term benefits, HLL has mounted an initiative, Project Streamline, to furtherincrease its rural reach with the help of rural sub-stockists. It has already appointed 6000such sub-stockists. As a result, the distribution network directly covers about 50,000villages, reaching about 250 million consumers. The pivot of Streamlin e is the RuralDistributor (RD), who has 15-20 rural sub-stockists attached to him. Each of these sub-stockists is located in a rural market. The sub-stockists then performs the role of drivingdistribution in neighboring villages using unconventional means of transport such astractor, bullock cart,etc.The Streamline system has extended direct HLL reach in these markets to about 37% ofIndias rural population from 25% in 1995 and the number of HLL brands and SKUsstocked by village retailers has gone up significantly. ? 33. PACKAGINGPackaging plays a key role in rural markets. Since customers are daily wage earners andthey don’t have monthly incomes like the urban consumers have, so Surf excel ispackaged in smaller sizes of 20gm so that they can afford given their kind of incomestreams. EDUCATIONSince vast majority of rural India lacks even basic education levels and modern outlook,HLL is training their new sellers to basic education levels.This is example of ProjectShakti which is explained in detail later. EMPOWERMENTHLL runs the program of Self-Help Groups (SHG), which operate like direct-to-homedistributors. The mo del consists of groups of (15-20) villagers below the poverty line(Rs. 750 per month) taking micro-credit from banks, and using that to buy HLL products,which they will then directly sell to consumersPrices of products 20gm 25gm 200gm 500gm 600gm 750gm 1kg 1. 5kg 3 kgSurf Quickwash 2 NA 23 53 NA NA 103 153 NASurf Automatic NA NA NA NA 90 NA 145 NA NASurf Blue NA 2 16 40 NA 53 NA 103 220 ? 34.Range of productsIf we divide detergent industry into three tiers – †¢ Premium at Rs. 80-140 per kg †¢ Mid-price at Rs. 30-50 per kg †¢ Popular at Rs. 15-25 per kgPopular segment accounts for 80% of the detergent industry. HLL leads in detergent powders withPremium – Surf ExcelMid price – SunlightPopular – Rin, WheelDealers and distributorsRetail Distributor MarginsExample of various distributor discounts on sale of these variants. Sale of 200gm Surf Excel Dealer Discount of 8%Sale of 20 gm Surf Excel Dealer Discount of 12%Wholesale Distributor MarginsThey get a standard discount of 1. % on sale of any variantStrategies in Orissa market 1. Shakti ProgramWith a twin objective of creating â€Å"income-generating capabilities† for underprivilegedrural women and â€Å"improving their rural living standard† through health and hygieneawareness, the Project Shakti is implemented in Orissa. Housewives and old ladies are targeted for this project. They are trained and given basiceducation to sell products. All products which are priced below Rs 5 are sold through thisproject. The sellers which are all ladies are paid margins of 3% on their sale of products.Now out of a total of 15,454 Shakti Entrepreneurs across India, Orissa hasover 928 (6%)Shakti Entrepreneurs spread across 22 districts. They are operating through Self Help Groups (SHGs) which is makes women direct-to-home distributo rs of HLL. Partnerships with several NCOs and support from stategovernments have been key enablers for the programme. Currently women entrepenuersare earning an average income of Rs. 7007- per month, doubling their household income. For the SHG women, it provides a stable, sustainable source of income.For villagers, thischannel has become a source of genuine and correctly priced products. ? 35. SALES TREND IN BHUBANESHWARBig Bazaar ,BhubaneshwarSales figures of Surf excel and is competitors Surf Ariel TideJuly sales 1,21,000 26,246 71,672July sold quantity 1787 pieces 341 pieces 1996 pieces ? 36. MARKET SHARE OF SURF Bhubaneswar, 20% Orissa, 35% Surf Excel Surf Blue Orissa, 65% Bhubaneswar, 80%SALE OF SURF EXCEL ON BASIS OF DIFERENT SIZES 10% 25% 20gm 200gm 500gm others(1kg,1. 5kg) 15%50%SALE OF SURF BLUE ON BASIS OF DIFERENT SIZES 7% 13% 20% 500gm 750gm5% 1kg 3kg 55% others(25gm,200gm) ? 37.PERCENTAGE SHARE OF SURF IN PREMIUM DETERGENTSMARKET 25% Surf Excel Ariel 75%SALE OF SURF EX CEL ON BASIS OF SEASONSCustomers reduce their washing frequency in rains, so the sales are drastically affected. Sale of detergents is strongly affected by seasonal changes as shown in the chart below. 12% 18% Summers Winters Rains 70% ? 38. COMPETITOR ANALYSIS. In this section we compare HLL with its competitors, viz. Proctor and Gamble (Ariel, Tide) and Nirma Ltd (Nirma washing powder). We now compare these products and the companies on the various counts. Market Share: The per capita consumption of detergents in India is 2. kg per annum. The synthetic detergent market can be classified into three main categories – Premium (Surf and Ariel) – 15% of total market Mid price (Rin and Wheel) – 40% of total market Popular (Nirma) – 45% of total market. Product Comparison: HLL (market share – 40%, including all 3 segments) manufactures Surf Excel in three avatars, Surf Excel Blue, Surf Excel Automatic and Surf Excel Quick wash. The USP of Surf Excel is that it reduces soaking time and water usage by 50%. It also contains a lesser amount of bleach than Ariel or Tide. P&G (market share – 12%, including all 3 segments) produces both Ariel and Tide.Ariel is produced in three types, Ariel Front-o-mat, Ariel Spring Clean and Ariel Fresh Clean. The USP here would be removal of tough stains while taking care of cloth quality and imparting a fresh fragrance to it. Tide detergent improves washing experience while imparting a lingering lemon fragrance to clothes. Nirma (market share – 30% of popular segment) comes in three variants, Nirma washing powder, Super Nirma washing powder and Nirma popular washing powder. Its USP would be low prices and the value for money it gives to the customer. Pricing Comparison: We now compare the prices for these brands.The price of each product and its variant is shown in the table b 20gm 200gm 500gm 600gm 750gm 1kg 1. 5kg 2kg 3 kg 4kg (30sachets)Surf Quick wash 2 23 53 NA NA 103 153 NA NA NASu rf Automatic NA NA NA 90 NA 145 NA NA NA NASurf Blue NA 16 40 NA 53 NA 102 NA 220 NAAriel 2 22 50 NA NA 99 145 NA NA NATide 1 10 23 NA NA 46 NA 88 NA 186 ? 39. Place comparison:HLL’s distribution system is one of its key strengths. The delivers its finished productsto various Carrying and Forwarding Agents, via whom the goods reach differentwholesalers. From here the goods are delivered to either rural or urban retailers, viawhom they reach the consumers.HLLs scale enables it to provide superior customer service including daily servicing,improving their range availability whilst reducing inventories. An IT-powered system hasbeen implemented to supply stocks to redistribution stockists on a continuousreplenishment basis. The objective is to catalyze HLL’s growth by ensuring that the rightproduct is available at the right place in right quantities, in the most cost-effectivemanner. For this, stockists have been connected with the company through an Internet-based network , called RSNet, for online interaction.As far as distribution to rural areas is concerned, they use a process called ProjectStreamline, wherein there exist networks of rural sub-stockists, who operate in the ruralareas itself. 20-30 sub-stockists come under a rural distributor (RD). The sub-stockists arethen responsible for distributing the products in rural areas. Nirma Limited markets its products through its fully owned subsidiary Nirma ConsumerCare Limited (NCCL), which was incepted in 1985. NCCL then resells the productsthrough ‘Nirma’ and ‘Nima’. Nirma pioneered the concept of flat distribution network.Nirma Consumer Care Limited operates with two parallel distribution networks. TheNIRMA brand is marketed through the first network, which consists of about 450exclusive distributors. It is one of the lowest cost FMCG distribution channels of thecountry. The principle channel for Nirma’s Products is the lowest cost system in Indiawith in built fle xibility and speedy distribution. All NIRMA and NIMA range of productshave a retail reach of over two million retail outlets and more than 40 million loyalconsumers spread all over the country.The Company has been successful in establishingan extremely good urban as well as rural presence through the two distribution channels. The distribution channels have played a significant role in making Nirma a householdname. The efficient network has made Nirma Washing Powder the brand with highestpenetration in its product category. The network is well equipped to meet the demands ofthe loyal consumers of the Company across the country. ? 40. Promotion comparison:HLL. Advertising. Surf excel, synonymous with the catch line, ‘Surf Excel hai naa! ’ was the first nationaldetergent brand on television.It has indulged in numerous advertisement campaignswhich have gained a lot of popularity. Surf Excel and Lalitaji ad also was in news for a long time. Slice of life situations havegene rated high levels of interest in the communication. Using consumer speak in the formof testimonials has helped in building credibility in the brand. â€Å"She was a hard-headed bargain-hunting housewife who demanded value for money andnot just cheap price. Consumers faith in Surf was restored, and not just because sheoffered a rational argument. The real reason Lalitaji was believed was because she wastrusted y the Indian housewife to get her a good bargain. We showed her bargainingwith the vegetable vendor about good tomatoes and bad tomatoes †¦ `Sasti cheez orachchi cheez me farak hota hai, bhai saab. â€Å"This advertisement reversed a declining brand share trend. The currents advertisement on television shows noted actor and human rights activistShabana Azmi (who did promote Ariel once upon a time), walking with two buckets ofwater and encouraging a crowd of people to do the same. It basically plays on SurfExcel’s strength to perform with lesser amounts of water.It thus underlines th