Case Study Bringing Yanjing Beer - 1651 Words

Case: Bringing Yanjing Beer to Canada Executive Summary This case study looks at the problems facing immigrant entrepreneurs in Canada and key recommendations to follow in order to succeed in starting a profitable company. Shu Guo, like 40,000 other immigrants, came to Canada seeking entrepreneurial opportunities, but many would fall short. Immigrant entrepreneurs in Canada find themselves falling to the same problems. These include a lack of start-up money, correct marketing to find customers, dealing with government regulations that they have a lack of knowledge about, language/culture barriers, and big chains with better resources. Although there are many factors making it harder for immigrant entrepreneurs to thrive in Canada, there†¦show more content†¦Guo then introduced Canada to Yanjing’s alcoholic beer by 2007 after they granted Guo the right to represent their imported alcoholic beer and hard liquor. (Pg. 2) By 2009, Yanjing had received exclusive importer rights and sales agent status in Canada due to Guo’s hard work promoting the product to restaurants and grocery stores. When entering the Canadian market, Guo faced multiple problems that halted the process. These problems included; high duties and taxes, non-Chinese Canadian consumers not knowing Yanjing’s products, and Canadian prices compared to the Chinese market prices. Although there are many present problems with selling this beer in Canada, immigrant entrepreneurs can avail services and are able to stay in the market. As long as one stays vigilant and was willing to take high risks, the success in importation of beer to Canada could be achieved. Analysis First and foremost an entrepreneur needs proper funding to open their business. Shu Guo was able to use her own assets when starting her company, but not all immigrants have that luxury. Most must go through the Canadian Small Business Financing Program (CSBF), but it relies on the credit history from the borrowers last two years. Immigrants entering a country will not have any credit and cannot possibly apply for the funding. Sean O’Leary, the CEO of Toronto-based SafeTech Alarm Systems, even states, â€Å"Credit historyShow MoreRelatedWalmart in China7398 Words   |  30 PagesChina as the most desirable developing retail market in the world and includes a prediction that it will also be the largest world market for luxury goods by 2015. In this article, we analyze the challenges faced by retail MNCs by investigating the case of foreign retailers, walmart, in the Chinese market. We analyze both objectives and obstacles in enforcing global standardization in the front-end ( retail formats) and back-end (distribution, information technology) operations, as well as implementing

Honeywell, Inc. and Integrated Risk Management Essay

Would Honeywell have the same degree of protection under the new program as it had had under its existing program? Honeywell claims that it will have the same degree of protection under the new program that it held in the current program. By combining each individual risk and its respective insurance plan into one master insurance policy, Honeywell believes that it will offer the firm the same degree of coverage and policy protection that it has under the current strategy at a reduced (15-20% less) cost. When comparing the two programs aggregate retentions (deductibles), the case states: â€Å"This aggregate retention was set to approximately equal the sum of the separate retentions under the current program. The $30 million retention also†¦show more content†¦The program design allows for Honeywell to maintain roughly the same level of insurance coverage, while paying only $8,509,000 in insurance premiums, as opposed to the current plan that calls for premiums of $11,236,000 – a savings of $2,727,000 (Exhibit 9). This represents a very sizeable savings for Honeywell, but one mu st consider how the insurers allow this to occur. When analyzing why the insurers are giving such a large discount to Honeywell, there are a number of different factors to consider. One large one being that by combining policies under one comprehensive plan, the insurers themselves are also hedging their own risk. Under such a plan, the insurers would not be subject to extraordinarily large claims. Pooling into a larger insurance plan allows the insurance firms to smoothen out potential payouts for covered losses, as evidenced in Exhibit 9. This exhibit displays a standard deviation in cost of risk of 15,793,879 under the existing plan, but only 3,819,568 under the new plan. This represents a massive difference in the variance of payouts that would be required. As such, the insurers can also more reasonably predict their costs related to Honeywell coverage, which in it of itself is yet another benefit that helps offset the lower premium collections. In addition to these consi derations that relate to benefits of such a plan, there is another majorShow MoreRelatedEssay on Honeywell Case Study1198 Words   |  5 PagesHoneywell, Inc. and Integrated Risk Management Case Analysis Submitted to: Prof. A. Kanagaraj By Vivek Gupta Section C, 944 Executive Summary: Honeywell was a multibillion-dollar, International Corporation employing 53000 people and managing operations in 95 countries. 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Media Portrayal of Mental Illness in America Essay Example For Students

Media Portrayal of Mental Illness in America Essay Media Portrayal of Mental Illness in America Essay The media in American society has a major influential impact on the minds and beliefs of millions of people. Whether through the news, television shows, or film, the media acts as a huge database for knowledge and instruction. It is both an auditory and visual database that can press images and ideas into peoples minds. Even if the individual has no prior exposure or knowledge to something, the media can project into peoples minds and leave a lasting impression. Though obviously people are aware of what they are listening to or watching, thoughts and assumptions can drift into their minds without even realizing it. These thoughts that drift in are extremely influential. The massive impact it can leave on Americas perception leads to generalizations, assumptions, and stigmas. The media influence is not always negative, however. In most cases it has beneficial and positive aspects. Without the media, people would be drastically less informed and conscientious about major issues in the world around us. In some cases, however, the way the media portrays an issue can twist ones perception, leaving an assumption instead of a factual concept. Mental illness is one of the biggest concepts that the media has distorted due to the majority of portrayals the media presents. Mental health is extremely important and plays a key role in every individuals life. Yet it is also has millions of misconceptions. Mental illness is more common that one would like to believe. In reality, one in five Americans will suffer from a mental disorder in any given year. Though that ratio is about equivalent to more than fifty-four million people, mental illness still remains a shameful and stigmatized topic (National Institute of Mental Health, n. d.). The taboo of mental illness has an extensive and exhausting history, dating back to the beginning of American colonization. It has not been an easy road to say the least. Due to the endless efforts and research of certain foundations and individuals, the ideas and functions of mental health have improved significantly. The advancements made in the field are impressive and without them humankind would not be the same. Yet then why do only fewer than eight million people who are in need of help seek treatment? (National Mental Health Association, 2001). The history, stigmatization, and perception of mental illness are some of the many reasons behind that alarming statistic. The history of mental health and illness is extensive and dates back to the beginning of the colonization of America. The mentally ill were cared for at home by their families until the state recognized that it was a problem that was not going to go away. In response, the state built asylums. These asylums were horrendous; people were chained in basements and treated with cruelty. Though it was the asylums that were to blame for the inhumane treatment of the patients, it was perceived that the mentally ill were untamed crazy beasts that needed to be isolated and dealt with accordingly. In the opinion of the average citizen, the mentally ill only had themselves to blame (Surgeon Generals Report on Mental Health, 1999). Unfortunately, that view has haunted society and left a lasting impression on the minds of Americans. In the era of moral treatment, that view was repetitively attempted to be altered. Asylums became mental hospitals in hope of driving away the stigma yet nothing really changed. They still were built for the untreatable chronic patients and due to the extensive stay and seemingly failed treatments of many of the patients, the rest of the society believed that once you went away, you were gone for good. Network Security Practices Essay Then the era of mental hygiene began late in the nineteenth century. This combined new concepts of public health, scientific medicine, and social awareness. Yet despite these advancements, another change had to be made. The era was called community mental health and continued until 1975. In the beginning the main focus was deinstitutionalization in hopes of connecting the mentally ill to the rest of the world. This advocated knowledge, education, and social support in hopes of erasing the stereotypes of mental illness that was installed in society .

Mt302 Organizational Behavior Unit One Case Incident 1 Essay Example

Mt302 Organizational Behavior Unit One: Case Incident 1 Essay John G. Watson MT302 Organizational Behavior Unit Four: Case Incident 1 Frustrated at Age 30 July 4, 2009 Frustrated at Age 30 1. Analyze Bob using the Maslow need hierarchy? This weeks case covering Bob is a great example of the many people who are experiencing the very same lifestyle changes he has gone through. For example, here we will be discussing how bob after graduating from college in 1996 resided in a great career earning $80,000 per year and due to how the many changes that are taking place in the workforce throughout America now earns $44,000 per year. In addition, how the changes Bob experienced is in relations with Maslows hierarchy needs. The meaning of hierarchy of needs theory says that a hierarchy of five needs exist such that as each need is substantially satisfied, the next need becomes dominant (Robbins Judge, 2007 p. 187). In the case with Bob, he started out great in life fulfilling his college needs, finding a great job and being in a great career and fulfilling his security needs thinking he was going to retire by the age of forty. Through this, he reached what Maslow calls self-actualization in which he achieved the drive to become what he was capable of, growing, achieving his potential, and having self-fulfillment (Robbins Judge, 2007 p. 217). Like late bloomers in life who graduated in their late thirties and early forties, I myself unlike Bob have sustained the lower order of Maslows hierarchy of physiological needs throughout my early part in life learning how to appreciate and be gratified within with the small things in life that really matters. Due to the timing in life of fulfilling each of Bobs hierarchy needs in which he did ot have to struggle and learn the survival to skills to make end meet, I feel it is what caused Bob to feel frustrated. This may have lessened his self-esteem when societies economic and job loss security vanished in which he now earns $44,000 per year and have debts to pay off and is pressured to buy a home, settle down and get married. 2. Analyze Bob’s lack of motivati on using organizational justice and expectancy theory. By looking at Bob’s lack of motivation from his career turning events we may analyze where it may have stem from-from an organizational justice and the expectancy theory standpoint. We will write a custom essay sample on Mt302 Organizational Behavior Unit One: Case Incident 1 specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Mt302 Organizational Behavior Unit One: Case Incident 1 specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Mt302 Organizational Behavior Unit One: Case Incident 1 specifically for you FOR ONLY $16.38 $13.9/page Hire Writer There are three justices in organizational justice and they are multidimensional. They are distributive, procedural, and interactional. As we proceed to understand the meaning of organizational justice, which is what is fair in the workplace and resides in the perception of the person. We are able to connect Bob’s perception from a distributive justice standpoint residing in the fact that he went from earning $80,000 per year to $44,000 and as he claims, â€Å"He may never earn $80,000 again until 20 years from now (Robbins Judge, 2007 p. 217). To Bob or for anyone else for that matter this situation is an inequity in which their being under rewarded for their qualifications and skills. Bob’s inequity also comes from comparing himself to the 40 million American whose peak earning are behind them and his father. As the case claims Bob states, â€Å"The rules have changed and the generation Xer’s is getting hit hard (Robbins Judge, 2007 p. 217). † If we a re to proceed to understand the second element of justice â€Å"procedural† in which is to understand the process used to determine an outcome-Bob explains, â€Å"I’m frustrated. I feel like my generation got a bad deal. We initially got great jobs with unrealistically high pay. I admit; we were spoiled (Robbins Judge, 2007 p. 217). † Since, there are no specifics in the case as to why Bob withdrew from his job of why he earns half of his usual income. I can only assume it is due to downsizing and the current restructuring of our workforce in America and this is a factor of Bob’s lack of motivation. Although there are, less evidence of interactional justice Bob goes on to claim, â€Å"We have no job security, the competition for jobs combined with ressures by business to keep cost down mean a future with minimum raises (Robbins Judge, 2007 p. 217). † Bob is more unmotivated because he perceives his situation such that the companies he works for treats him with no dignity, concern or respect. He feels as the case sounds that whether the blame is externally or internally it is unfair because he graduated at a good time, had a great job tit le, drives a European sports car, and was very optimistic about his future. Now his lack of motivation is causing him to worry about paying his bills, to settle down and marry, and to buy a home. On the other hand, if Bob accepted and embraced Victor Vroom’s expectancy theory he would be able to change the outcome of all of his situations and events that are occurring in his career as well as his personal life. Expectancy theory much like self prophesy which one receives an outcome through the belief that they are already receiving it, relies on the strength of ones effort performance in which say Bob for example, may exert some amount of effort with the probability that will lead to performance. This in return leads to a reward relationship in which say Bob would believe that performing at a certain level would lead to a desired outcome. In the end, this reward leads to a personal goal relationship that satisfies say Bob’s personal goals or needs (Robbins Judge, 2007 p. 208). Through the application of goal setting, using expectancy theory, and self prophesy, Bob can life himself up and be optimistic once again and begin to attract and create the lifestyle he once had or better. 3. If you were Bob’s boss, what could you do to positively influence his motivation? If I were Bob’s boss I would get to know him more personally to find out any goals he has in the company, a little about his personal life like his family life. I would observe his potential and skills more closely that can benefit the company. I would have to make sure that I implement the expectancy theory and follow through with all the employees I manage so they can continue to excel and feel appreciated for the work that they do. This can motivate him to do excellent work because if there are openings for advancements he could be a good candidate if he is motivated, the drive to succeed, the qualification, and the skills. I would reassure Bob as well as other employees by having brief meetings during the week on how the company is doing and how important their participation in the companies programs are contributing to the great success/disappointments of the company as to motivate him to continue to do great or better. As a manager, I would provide Bob with customer feedback so he may know how the work he does each day is benefiting the customers. I would implement procedure justice by providing process control, explanations, and provide him clear reasons as to why he is receiving the reward. If the company cannot provide Bob a raise or a substantial one, I would use creative rewards for performance like create contests, give out tickets, as they may be earn unlimitedly when I acknowledge him for his good performance. 4. What are the implications of this case for employers hiring Generation Xers? The implication this case suggest of hiring Generation Xers, is that even though they have a college degree employers would have to let them know they are in competition for their jobs and that they may only get paid half of what they were paid years ago (Robbins Judge, 2007 p. 217). It has to be out in the open to the Generation Xers that there is no job security due to businesses trying to keep costs down and they will probably receive only minimum future raises in salaries (Robbins Judge, 2007 p. 217). References 590Robbins, S. P. , Judge, T. A. (2007). Organizational Behavior(12th. ed. ). Prentice Hall.