Wal-Marts Business Management Essay Example | Topics and Well Written Essays - 2000 words

Wal-Marts Business Management - Essay Example Other important applications include informing the details of the company to the finance personnel, suppliers and others so that they become aware of company's goals and achievements. Economic Feasibility: It refers to the benefits or outcomes. We are deriving from the product as compared to the total cost we are spending for developing the plan. If the benefits are more or less the same as the older system, then it is not feasible to develop the plan. The development of the new product should greatly enhance the accuracy of the system and cuts short the delay in the processing of the business strategy. The errors can be greatly reduced and at the same time providing great level of security. Hence, we do not need any additional equipment except memory of required capacity. Operational Feasibility: It refers to the feasibility of the product to be operational. Some products may work very well at design and implementation but may fall in the real time environment. It includes the study of additional human resources required and their technical expertise. Technical Feasibility: It refers to whether the product that is available in the market fully supports the present trend. It studies the pros and cons of using particular product for the development and it's feasibility. It also studies the additional training need to be given to the people to make the product work. A qualitative and quantitative research is must in developing an Information system. Qualitative research is more of collecting data, conducting interviews, using documents and to understand and explain social phenomenon. Quantitative research involves is of development of natural sciences to study natural phenomenon. Survey methods, formal methods, econometrics, etc., are some of the examples of quantitative research. Planning Wal-mart generally forays into the international market by establishing a retail market by issuing FDI (Foreign Direct Investment) to the retailers so that the profit from the FDI's would go to the retailers as well. Their plan will be to first energize the FDI lobby and then preempt the FDI lobby in any country they try to establish their retail store. They primarily look for the average annual income of the family in that country, Wal-Mart also looks how much is the retail market and at what percentage it is growing annually. Wal-Mart recently decided to foray into the Indian retail market which has a $250 billion retail market growing at 7.2 % per year. Wal-Mart initially looks for the weak supply chain managed countries for FD investments. John Menzer the CEO and president of Wal-Mart plans as per the data acquired from the countries he personally visits and then decides weather to invest or not. It is not that Wal-Mart doesn't face any challenges, it has to face challenges but s truggles for both business and profit from governments of the respective countries. In any business sector strategic planning is considered to be very important and a thoughtful business plan cannot be overemphasizes because much hinges on it: financial support, management of the available resources like operation and finances, credit from suppliers, promotion and marketing and last but not the least company's goals and achievements. Before

Terror is Foreign Western Media's portrayal of Islam Essay

Terror is Foreign Western Media's portrayal of Islam - Essay Example A major complain from the Muslims all over the world is Western media’s falsification, over-generalization, distortion and sensationalization of stories that touch on Islam (Asadulla 195). The main problem is brought about by ignorance or carelessness, prejudice, or because the Western media does not have the ability to separate myth from reality, or probably because they do not understand the social, religious and political dynamics of the Muslim societies (Hafez 19). In his speech in Cairo University in 2009, President Obama spoke favorably of Islam saying that Islam has always been a part of America’s history. He even added that Arab-Americans had fought in American wars, served in the government, stood for civil rights, started businesses, taught at American universities, had excelled in their sports arenas, won Nobel prizes, built their tallest buildings and lit the Olympic torch (FAIR 1). This undeniable facts articulated by the U.S President should be what the We stern media focus on, but unfortunately their portrayal of a whole lot of 1.5 billion Muslims is nothing but sickening. This paper intends to shed light on the gross misrepresentations of Arabs and Muslims in the Western media by exposing these biased stereotypical misrepresentations. It will be found that the Western media propagate an inaccurate and unfair image of the collective Arabs and Muslims due to their lack of ethical principles of truth, fairness, objectivity and balance. In addition, this paper will explain why this phenomenon continues and see just in passing what can be its solutions. To begin with, negative stereotyping is the putting of unpleasant labels and characteristics on a group of people based on unfounded allegations while forgetting to account for their individual differences. This is where the Western media is particularly in error. There is a strong inclination in Western mass media to categorize Islam as a fanatic, and violent religion characterized by th e chopping off limbs, violation of the rights of women, and representing a strong opposition towards cherished Western ideas and values of freedom, human rights and democracy (Poole 17). Poole observes that there is equation of Islam with politics and association of Islamic politics with extremism and this extremism with terrorism. This linkage results in the interpretation of political violence without taking into consideration its social and political context (23). Following the September 11 attacks, Arabs and Muslims were repeatedly misrepresented in the Western media on an unprecedented scale. It is important to note that the attacks were not the genesis of this phenomenon. As Jack Shaheen has prolifically researched and written, it dates back to the first years of the twentieth century and has progressed with growing intensity (174). Shaheen provides vivid examples of television programs dating back to the 1970s that casts Arabs and Muslims generally in bad light. He lists Holl ywood movies and productions such as Dennis the Menace and Charlie’s Angels among others that completely vilify Arabs and Muslims as terrorists. In his seminal work on the image of Arabs and Muslims on Hollywood productions, Shaheen took the task of analyzing approximately 1000 movies with Arab characters which results he published. The conclusions were baffling. Only a dozen displayed positive portrayals, a handful displayed balanced portrayal while the rest presented negative portrayals. In essence, Arab in television stands for hijacking, terrorism, bombings or war. Such