Five Forces Analysis Automobile Industry

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Five forces framework to explain the industry performance

1 weak to 5 strong

1. supplier parts supplier have _________

. potential entrants threats of new entrants is medium-high 4. for new entrants, newly created automobile manufacturer is unlikely. However, new product line and selection is inevitable. i.e. new model Acura TSX to compete with semi-luxury automobile.

. buyer bargaining power of buyer is high 5. The customer has many selection of automobile to choose from. In addition to the automobile, customer can choose many dealer to bargain the purchase price.

4. substitutes threats of substitutes is high 5. customer can choose other similar vehicle as an alternative for its purchase decision.

5. company rivalry among existing firms is medium . even with six major automobile manufacturer in this industry. There are still many competition and rivalry between and among the company. i.e. Honda is competing with Toyota; Pontiac can be competing with Chevrolet.

The sources of competitive advantage in this industry is the potential entrants. Automobile manufacturer can position them as the leader by launching new product that attract customer to gain market share. This force is the most valuable of the five forces framework. The other two minor forces that can be use as a competitive advantage is less power of the supplier and low rivalry among the company. With the low power of supplier, the automobile manufacturer can forecast its supply cost and quality. With low rivalry among existing firms, company can focus on certain most profitable division such as Ford cars/trucks account for majority of profit and sales for Ford. In addition to focusing on certain automobile division, the other alternative is form joint-venture with other automobile manufacturer to produce new, high quality and economical automobile.

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Business

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Chapter 5

Key Notes and Concepts

Franchising = the formal relationship that is established by a franchise contract, a legal document, that enables a firm (franchiser) to expand by allowing an independent businessperson (franchisee) to us the franchisers operating methods, financing systems, trademarks and products in return for a fee.

Advantages of Becoming a Franchisee

„h Ability to quickly expand a company with limited capital

„h Training programs and operating manuals that teach the retailer how to operate the business, allowing individuals to enter the business with little previous experience

„h Management consulting may be offered

„h Less cash may be required to enter the business

„h Purchasing power can result I lower costs and higher gross profits for the franchisee

„h National advertising and promotion by the franchiser may exist

„h Merchandise assistance , displays and other materials may be offered by the franchiser

„h Research and development programs that are designed to improve or add new products or services

„h Access to a variety of fringe benefits such as dental plans at lower rates

„h Advice for special problems

Disadvantages

„h High cost of franchise

„h High royalty rates

„h Too many franchises in a particular geographic area

„h Profit sharing and conditions of termination typically favor the franchiser

Costs of Franchising

An initial fee is usually paid for the right to operate and franchise fees based on monthly sales. Other various costs include initial costs, franchise fee, opening costs, working capital, premise expenses, site evaluation fees, royalties and service fees and promotion charges.

Evaluating the Company

The franchising company should have good credit rating, a strong financial position, and a favorable reputation in the business community. They should also be in business for a sufficient period of time to demonstrate expertise and ability. Product or service testing and warranties should be explored before purchasing.

Application The number of Subway restaurants that are popping up all over the place. The franchise is still expanding today.

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The Enron Failure

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I am going to be talking about the company that filed for the largest bankruptcy of all time, and that is the American energy company, Enron Corp and who was responsible for it. The reason I have decided to speak on Enron is because it was indirectly responsible for many other corporate collapses. This graph gives shows us how it effected other companies.

Immediately after the bankruptcy, most people began to speculate that their bankruptcy was a result of their accountants, and their inability to detect and rectify the situation. However, as the investigations into the bankruptcy got under way it became clear that it was not only the accountant's responsibility but also the responsibility of many other important parties of the company including, the CEO, The Board, Management, Shareholders', Bankers and Lawyers.

The most obvious blame belongs to the CEO who had the overall authority and responsibility for management and financial reporting. A CEO cannot claim to be doing his job and to be ignorant of accounting fraud, at least not in the same sentence. The CEO may not have produced the bad accounting numbers but he must not encourage, tolerate or be ignorant of those who do. After all, the highly paid CEO's job includes the responsibility to oversee accounting functions.

The board of directors in any company is responsible for creating a system of corporate governance. After many investigations into Enron were carried out it became clear that The Board of Enron had failed to set a system of good corporate governance. Many professionals believe that they should shoulder most of the responsibility of the bankruptcy because of not doing so. Write your The Enron Failure research paper

Shareholders must shoulder some of the blame. Exuberance and greed had propelled share prices to unreasonable and unsustainable levels. Management was often forced to live up to irrational capital market expectations. Since, these expectations could not be met through actual results, they were, with a little help from friends, achieved with reported results. This unrealistic share price as illustrated in the graph kept everyone happy ... for a while, especially during year 000. After that it was a case of management needing to find a way to pay the bank back, but they couldn't find one and then restated their earnings on route to bankruptcy. This is how different their net income looked when first reported and after it was restated.

Banks, investment bankers, and speculators also played a major role. They knew how much money passed through their machines. So when the company posted earnings that were non-existent, they could have asked, where did those earnings come from?

Lawyers and law firms involved with the company were as culpable as anyone else. They did not cover themselves with glory and did nothing while to stop the crookedness that was going on.

By now it should be crystal clear that the enron failure and many other corporate failures were the results of stupidity, greed, dishonesty, self-interest, fraud and incompetence by all the members of the company collectively and not just the accountants. I mean come-on its obvious, as obvious as saying a dog barks. Yet the accounting profession has been a scapegoat and its very future put into doubt.

In conclusion all I can say from an accounting perspective is that and I quote The United States Securities and Exchange Commission Chairman, Harvey L.Pitt. Begin quote "A strong accounting profession is key to our capital system, but it should be the responsibility of every accountant to ensure that they carry out their tasks with a minimum level of professionalism." End Quote.

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FREEWRITING ON "THE MAN I KILLED"

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FREE WRITING ON THE MAN I KILLED

I ENJOYED THIS WRITING DUE TO ITS SIMPLICITY AND DIRECTLY EXPLICIT

VISUAL DEPICTION. THE WRITER GOES INTO SIMPLE, CLEAR DESCRIPTIONS OF

THE MAN HE SHOT. HE DESCRIBES THE DEAD MAN IN VERY HUMANISTIC WAYS.

HE GOES OUT OF HIS WAY TO MAKE HIM SOUND FEMININE AND DAINTY TO

STRESS THE POINT THAT THE DEAD MAN WASNT REALLY THE ENEMY BUT A

REGULAR CITIZEN FORCED TO DO HIS DUTY. THE WRITER IMAGINES CERTAIN

THINGS ABOUT THE DEAD MAN LENDING MORE HUMANIZATION. HE ASSERTS

THAT THE MAN WAS A TEACHER OF MATHEMATICS WITH A LIFE NOT GEARED

TOWARDS THE MILITARY BUT YET MORE HUMAN PURSUITS. THE AUTHOR ALSO

GUESSES ABOUT HIS FAMILY & ROMANTIC CONNECTIONS POSSIBLY AS A MIRROR

FOR HIS OWN LIFE; TO HIGHLIGHT THE SIMILARITIES BETWEEN HIMSELF AND THE

DEAD MAN. OTHER THAN THE PHYSICAL DESCRIPTIONS, THE REST WAS

INFERRED FROM THE WRITERS IMAGINATION AND ITEMS FOUND ON THE DEAD

MAN. IT IS INTERESTING HOW THE WRITER REPEATS SOME OF THE

DESCRIPTIONS AND FEELINGS HE HAD ABOUT THE DEAD MAN. WHEN READING

IT, IT MADE ME PAUSE AND SECOND GUESS WHAT I WAS READING. DID I READ

THIS ALREADY? I HAD TO GO BACK AND LOOK. I THOUGHT THIS CLEVER

BECAUSE I FEEL THAT IT BROUGHT TO MY REALITY THE SURREALISM FELT BY

THE WRITER. HE HAD TO COME TO TERMS WITH THE FACT THAT HE KILLED

THIS MAN AND THE GUILT HE FELT. IN THE END I FELT THAT HE DID COME TO

TERMS TO THE BEST OF HIS ABILITY; AS MUCH AS HE PROBABLY EVER WILL.

THERE WAS THE INFERENCE THAT THE REAL ENEMY WAS WAR ITSELF AND NOT

THE PEOPLE THRUST INTO A SOLDIERS ROLE. ONE LAST THOUGHT IS THAT I

APPRECIATED THE SYMBOLISM OF THE BUTTERFLY ON THE DEAD MANS

FOREHEAD WHICH I INTERPRETED AS A SYMBOL OF THE SPIRIT OF THE DEAD

MAN. A METAMORPHOSIS OF SORTS. LATER THE WRITER SAYS THAT THE

BUTTERFLY HAS BEEN REPLACED WITH NATS AT THE DEAD MANS MOUTH. THIS

COULD BE THE PROGRESSION FROM DENIAL TO ACCEPTANCE ON THE PART OF

THE WRITER.

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Acting

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1-Hour Acting Workshop

- Exercises

• Diaphragmatic breathing

• VocalizingBuy cheap acting term paper

• Stretching

These "exercises" could be shot at a local gym's aerobics studio. The vocal chords, just like the muscles in the body, must be properly trained. This is especially important in theatre and musicals. For film, it helps the actor to enunciate the words better.

- introduction to basic principles of acting

• time, place, and scene

• stage presence

• improvisation

• centering

• role playing

• script and dialogue

To make these techniques more exciting, they need to be visually stimulating. If possible, it would help to be able to go behind the scenes in a film studio or theatre to better understand time, place, scene, and stage presence. For improvisation, I know of some great improv artists willing to help out.

- working with a camera

For someone looking to break into the film industry after having done a few stage performances, this may be the most important technique. It is important to be able to shoot this on location on a soundstage (maybe at York or Ryerson) or film studio, so the complete aspect of what it is like to work on set is presented.

0 Minutes Introduction to the Audition

- W5H

• Where is it?

• Who do you report to?

• What do you wear?

• When is it? (time of day, month)

• Why are you there?

• How do you act?

The last point is the most important and should be emphasized. It would be useful to get permission to film the actual audition process, or stage an audition. The actor needs to be aware of what will happen in the audition room, and remember not to be intimidated by the number of actors present at the audition. In an audition, confidence is key!

- storyboard or script analysis

Learning to read between the lines, how to say a certain line.

There are also many great acting coaches (one of which is willing to help with the project) and reference material available for the actor to consult, such as the Agent's Book (put together by AMIS) and Theatre for Life (Ron Cameron).

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Westwood Stables

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Westwood

It was a right turn onto a dusty gravel road. Chocolate colored fences lined the drive and neatly divided paddocks, from which the horses watched the white van as it drove towards the barn. I was there for my first jumping lesson and as the arena came into view, I realized it would be an exciting one. It was Westwood Stables and it was straight out of the horse books I had poured over as a child. I was twelve years old and Westwood was the most amazing place I had ever seen.

There were gigantic trees in a half moon shape around the edge of the property with the important house of horses in the middle of the moon. To the left was the arena, circled by the same chocolate colored fences that lined the drive. The painted brick jumps, covered in fake flowers, were set at odd angles throughout the sand filled enclosure.

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On the opposite side of the arena sat Glenn and Kelly's house; a tiny, doll-like house, with a yard that obviously did not get as much attention as the students and the horses they trained. They had chain link fence that kept their dogs in check; though they were running loose that day. Behind their house grazed the tired, old schooling horses. The ones reserved for the young kids and the scared adults. They weren't much to look at, but they all had the heart to take care of their delicate riders.

The magnificent barn stood proudly in the middle of it all. The stairs that led up to the door were old railroad ties, completely out of place amongst all the perfection; but once inside the door, the stairs were forgotten. The office had the musty smell of a grandmother's house; a moth ball mixture of moldy leather, and the sweat that made it that way. Here is where the ribbons were displayed, the shows for future ribbons were posted, and the pictures of it all happening were hanging. The meeting room for trail rides and a resting place for the weary. There was a dust covered window for viewing the inside arena and couches to plant tired bodies. The floor was covered in chunks of dirt left by the boots that ran through it and the corners of the ceiling caked in cobwebs. The door that led to the inside arena was heavy and it shrieked when it was opened, but it was the door that led to heaven. A large indoor arena was directly out the door, its rails littered with saddles left by their lazy riders. This large sand filled indoor ring was used for a quick warm-up before you headed out, or for lessons when the weather wouldn't allow anyone outside. Large grooming stalls stood on either side of the arena, with every brush imaginable hanging in perfect rows along the walls and thick mats laid on the floor for comfort. A huge door on the right side opened to the sun soaked outside; and to the left, was an unnaturally clean stable aisle with rows of beautiful horses on either side. The stalls holding the horses were great steel enclosures, big enough for the largest horses to have plenty of room. There were fans hung from the ceiling in all the stalls as well as automatic fly spray floating down from the sky at regular intervals. The shine from the horses' coats suggested the horses these stalls held were owned by people completely devoted to them. The constant nickering and rustling of hay told you the same thing. At the end of the aisle there was another great door that opened onto more content horses grazing peacefully in a large pasture.

When I took all of this in for the first time I truly believed I would never see a more perfect place. As I grew up, of course I realized this wasn't the case, but to this day nothing has been as special as Westwood was to me when I was twelve.

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Sula Essay: Good and Evil

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One of the most asked questions that have been asked is "Why does evil exist in our society?" What would a world be like if bad things did not occur in our world and our lives? Without the occurrences of these misfortunes, how would we really know what is good about us? Without the significance of death, would life even be cherished and valued as it would be right now? Without evil villains, what would all the super heroes be doing since everything is good? Without the existence of a black and white comparison, our lives would be colorless and meaningless. The reason why evil exists in our society is to bring out its significance to distinct what is good and what is evil such as seen in the novel "Sula" by Toni Morrison so that their would be a clear understanding of how goodness exists and how it should be sought after in society.

"Sula" is a novel about the lives of the people who live in the Bottom, which is part of a city called the Medallion. The story revolves mainly around the lives and families of two girls, Nel and Sula. Sula and Nel have very different backgrounds which provide the bases of contrast and comparison of different themes. They become friends quickly and develop a close friendship bond. They encounter many events throughout their lives that bring out their differences and similarities of their personalities. The significance of their relationship is about how their different personalities fit together to form a complete unit. Through the actions of their families and themselves, the battle or balance of good and evil can be declared as a necessity for the town to survive.

The many different lifestyles that are chosen by individuals are based upon the differences that are seen between a "good" and "bad" life. Nel was raised with a conservative authority in her household taught by her mother, Helene who was raised by her grandmother, Cecile. Helene's mother, Rochelle was a Creole prostitute so her grandmother who had a higher regard of good and religious values instead raised Helene. "The grandmother took Helene away from the soft lights and flowered carpets of the Sundown House and raised her under the dole some eyes of a multicolored Virgin Mary, counseling her to be constantly on guard for any sign of her mother's wild blood" (17). Another purpose of these actions toward Helene was because Cecile wanted to avoid having a family reputation such as Sula's. Sula's mother and grandmother built a reputation being known as man lovers. They constantly have new lovers without regret or remorse. Nel's family excluding Rochelle found their moral living values by being aware of a life they would want to avoid. Without having knowledge of different lifestyles, good or evil, no course of action would be pursued in order to obtain an orderly life. The existence of evil provides the motivation and reasoning of why Helene "shielded Nel from the evils of the world in much the same way her grandmother Cecile shielded her" (pinkmonkeynotes).

The awareness of evil pushes individuals to achieve the opposite to improve upon their lives so they will not succumb to what they fear and abhor. When Sula returned back to the bottom, a series of "bad luck" followed her known as the "plague of Robbins," that's what the town claimed to be. Sula was labeled as a source of evil or evil itself because of her lifestyle. Such things she did were ruining the marriage of a couple, having white lovers, dressing unfashionably to the town and also driving away her grandmother to a nursing home. The more mishaps that occurred around the bottom, the town pointed them towards a sign of evil. "Once the source of personal misfortune was identified, they had leave to protect and love one another. They began to cherish their husbands and wives, protect their children, repair their homes and in general band together against the devil in their midst" (118). The dwelling presence of an evil source in the town created a reaction that brought out the better of the people.

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When Sula, or the source of evil died in the town, what was thought to be a good omen became the opposite. The caution of evil faded away as well as their conviction to shield their lives with good. "mothers who had defended their children from Sula's malevolence (or who had defended their positions as mothers from Sula's scorn for the role) now had nothing to rub up against. The Tensions was gone and so was the reason for the effort they had made. Without her mockery, affection for others sank into flaccid disrepair…..Wives uncoddled their husband; their seemed no further need to reinforce their vanity" (15-154). Since the cry during a crisis vanished, their cherishment for life and other importance's faded.

Law exists because of crime and disorder. Protection exists because of danger and fear. The many good aspects of our lives exist because of the opposite, the bad and the evil. Good cannot exist without evil, evil cannot exist without good. Society is able to able to maintain it's ways because of the balance that is offered through good and evil.

A perfect society is an orderly society, not a utopia of happiness.

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