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Essay Writing Services From Essay Writers Now On Writingessayeast Com

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Best Custom Essay Writing Service

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Essay Mill

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Hire The Best Essay Writers In July 2020

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Promoting Mental and Physical Health - 550 Words

Promoting Mental and Physical Health (Essay Sample) Content: TitleAuthorInstitutionIn the first article, the effects of Social connections on self rated mental and physical health among the internal migrant and local adolescents in Shanghai, China, the author carried out the study in Pudong new area of Shanghai where there is a high population of immigrants therefore representing diverse occupations and backgrounds. It is noted that in the year 2004 Shanghai was the largest host for internal migrants in China. As a result of this the author chose to use the random data collection method. The author also argues that the suburban schools in this city usually serve the children of the general population. This is in contrast to those schools located in the city proper that particularly cater for the gifted children and those considered elite, thus enhancing his logic for the choice of data collection method.According to the article the author randomly selected three regular middle schools from Suburban districts of Pudong new area. He then randomly chose four classes in each grade and administered anonymous self administered questionnaires; thus the design. The questionnaires were issued from grades 6-8 to ensure respondents have total comprehension of what is required. The questionnaires administered bore the same instructions and were all collected after class sessions.The author argues that there is a noticeably poor physical and mental health among migrant adolescents. This is as a result of poor social connections, significant disparities in the social cohesion, peer associations as well as family cohesion. This is evident when a comparison is made with their local peers.In the second article, social disconnectedness, perceived isolation, and health among older adults, the author takes a different approach employing individual interviews as the method of data collection. This is because an interview allows the author to reach deeper depths of meaning (Burns Grove, 2005). This cannot be achieved through any other technique. It is also a flexible way and allows an individual to be understood from the perspective of the particular context.In addition, the author also used Focus Groups as yet another method of data collection. This technique is also relatively effective as it minimizes the interviewerà ¢Ã¢â€š ¬s influence on the data (Hummelvoll Severinsson, 2005). It also ensures the accuracy of reflection of social reality in comparison to other techniques.The design used in the second article is that the researcher organized the focus group discussion so that it was facilitated by a moderator. The researcher also had an observer in place to act as the co-moderator. The role of the observer was to concentrate on the group dynamics as well as support the moderator.The author in the second article argue...

Essay about The False Reality of the American Dream in the...

The False Reality of the American Dream in the Great Gatsby The Great Gatsby by F. Scott Fitzgerald is a novel that has a large focus on the ideas of the American Dream and social class in the 1920s. In the novel, the people of West Egg and East Egg are people of the upper who have earned money either through inheritance or working hard and have had many opportunities to make their American Dream a reality. The people of the Valley of Ashes are people of lower class who have little to no money and have to work all their lives to make ends meet. Even though both social classes strive for the same thing, The American Dream, neither of them will ever truly achieve it. Fitzgerald uses a vast contrast in the settings of East Egg, West Egg, and†¦show more content†¦Gatsby wanted more and more of Daisy and he will not rest until she tells Tom that she never loved him. Gatsby goes as far as to plan a dinner party so that Daisy can tell Tom in front of everyone and this dinner party ends up being his down bringing. At the party even Daisy goe s as far as to say â€Å"â€Å"Oh, you want too much!-I love you now – isnt that enough? I cant help whats past.-I did love him once – but I loved you too.† (Fitzgerald 261). Gatsby’s greed and obsession with wanting more and more sees to it that Gatsby will never fully achieve his dream. Fitzgerald also uses his character Tom, the husband of Daisy, to show that the American Dream cannot be achieved. Tom seems to have everything, a big house, a beautiful wife, lots of money from a successful sports career, and the freedom to spend it as he pleases. However, he too wants more, â€Å"[Tom] nodded sagely. â€Å"And whats more, I love Daisy too. Once in a while I go off on a spree and make a fool of myself, but I always come back, and in my heart I love her all the time.† (Fitzgerald 251). Tom knows that what he is doing is wrong but he makes excuses for his affair and acts as if what he did was justified. Even though he has a beautiful wife he still wants more and this drives him to having an affair with Myrtle. Fitzgerald uses these characters to show the false reality that is theShow MoreRelatedFalse Deception In The Great Gatsby1739 Words   |  7 PagesThe Great Gatsby Essay Individuals perpetuate false personas to such an extent that they are convinced into a state of false consciousness of reaching the American dream, ultimately, this facade leads them to their downfall, exposing repressed reality from idealistic lies. In The Great Gatsby, F. Scott Fitzgerald utilizes symbols to describe the hollow nature of each character’s deceitful persona, which comes to show the ultimate theme of downfall through the individual’s perception of the AmericanRead MoreThemes Of The American Dream In The Great Gatsby1503 Words   |  7 PagesThe American dream is the ideal that every human that lives in the United States of America has an equal opportunity to fulfill success and achieve happiness. The failure of the American dream is an evident theme in the novel. The author, F. Scott Fitzgerald, uses the character Jay Gatsby to symbolize the corruption that the pursuit of the American Dream holds. The American Dream highlights equality and is the quinte ssential idea that all humans are equal. However, this idea is perceived as an illusionRead MoreThe Great Gatsby By F. Scott Fitzgerald1093 Words   |  5 Pages The Great Gatsby, by F. Scott Fitzgerald, has been celebrated as one of the greatest, if not the greatest American novel. Yet this is sudden for the overall population, which has so hailed the book, is unequivocally that which is rebuffed all through it. Politically, the American dream was a foundation of guidelines and trusts for any and every American single individual. Especially, one of the convictions was an American dream free of class refinement; that every individual has the opportunityRead MoreConsequences Of The American Dream In The Great Gatsby845 Words   |  4 PagesGatsby and The American Dream: Gatsby’s Downfall In the novel The Great Gatsby, F. Scott Fitzgerald illustrates, through the downfall of Jay Gatsby, that the American Dream can be a false promise. When first introduced to Jay Gatsby, he is immediately portrayed as having a very specific goal in life-- to be with Daisy. At the start of the novel, Gatsby â€Å"stretched his arms toward the dark water in a curious way† as he was reaching towards â€Å"a single green light, minute and far away† (Fitzgerald 21)Read MoreA False Image Of Freedom : The American Dream1515 Words   |  7 PagesA False Image of Freedom: The American Dream The American Dream has been a beacon of hope for people in the US for decades now, and has inspired them to seek a lifestyle that excels their current one. However, this idealistic belief possesses a biased and dishonest nature that is undetectable to those blinded by this idea . F. Scott Fitzgerald, through his novel The Great Gatsby, lifts the veil on this American Nightmare, and shows readers it’s true nature. Rooted directly to the Declaration ofRead MoreEssay On The Green Light In The Great Gatsby991 Words   |  4 Pagesâ€Å"Gatsby believed in the green light, the orgastic future that year by year recedes before us. It eluded us then, but that’s no matter- to morrow we will run faster, stretch out our arms farther†¦ And one fine morning---† In the Great Gatsby, the green light signifies Jay Gatsby’s hopes and dreams for the future and ultimately the American Dream. The green light represents the lost dreams of Americans, unrealistic hope and the determination to achieve the American Dream. The writing from F. Scott FitzgeraldRead MoreThe Great Gatsby By F. Scott Fitzgerald1234 Words   |  5 Pagesaccomplish their dreams. Yet Fitzgerald suggests through Gatsby’s tragic demise that the American Dream is an unattainable illusion. This fantasy arises from the endless possibilities in America and pushes people to devote their lives to futile attempts of fitting into an idealistic upper class they do not belong to. The countless opportunities in America initiates Gatsby’s naà ¯ve dream of becoming a member of the fantasized elites and push him to follow his unreachable dream relentlessly. Great changes inRead More6. The Value/Danger Of Wealth. These Few Words By John1254 Words   |  6 Pageshostile comrade, a domestic enemy.† after reading The Great Gatsby. During Twenties, the nation’s wealth doubled. Was wealth the greatest â€Å"happiness† to pursue? The impact of wealth can display one’s true identity. In The Great Gatsby, wealth directly reflected the success of a person, but the pursuit of opulence twisted foundation of the American dream by resulting in greediness. Money enticed people into accomplishing a directive due to its great worth, which could potentially result in good consequencesRead More The Great Gatsby As A Tragedy Essay902 Words   |  4 PagesThe Great Gatsby As A Tragedy A hurried read of F. Scott Fitzgeralds The Great Gatsby can generate a tragic impression. The deaths of three of the main characters and the failure of Gatsby and Daisys romance can be viewed as tragic. However, a deeper analysis of the book reveals a much deeper tragedy. 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A Rose For Emily And Barn Burning By William C. Faulkner

Some of the most unique short stories were written by William C. Faulkner who embodied the Southern sensibility, and to this day his stories continue to be enjoyed by many. Faulkner was born from a rich family who had accumulated wealth before the Civil War, but like many families in the South they had lost all of it during the conflict. His family moved to Oxford, Mississippi which is the basis for the fictional town of Jefferson in most of his stories from Yoknapatawpha County. Faulkner’s stories create a mood to make readers feel like they were also a part of the Southern town. Both â€Å"A Rose for Emily† and â€Å"Barn Burning† tells about people’s lives in the South and their continuing struggles with society. These two stories have many similarities in their setting, but they also have differences that make it more interesting and uncommon. The atmosphere established in these stories is quite unique, but both have a sense of mystery about them. Faulkner uses Yoknapatawpha County as the setting for the short story â€Å"Barn Burning†. The Snopes family lives in the outskirts of a small rural town of sharecroppers. Their house is told to be paint-less like the many other houses they had lived in. On the other hand, the town of Jefferson from â€Å"A Rose for Emily† is also located in Yoknapatawpha. Miss Emily’s house is described as being huge and decorated with many details in the woodwork. The difference between the high class environment of â€Å"A Rose for Emily† and the dirt covered townShow MoreRelated William Faulkner Essay1234 Words   |  5 Pages Faulkner grew up in Mississippi in the beginning of the twentieth century (William Faulkner; 699). He was the son to Murray C. and Maud Butler Faulkner (Hoffman 13). Growing up in the South in the early 1900s meant being exposed to harsh racism. He watched the blacks endure unbelievable amounts of cruelty and was amazed at how the blacks conducted themselves with such dignity. He witnessed, first hand, what discrimination is and could not comprehend why this goes on. In many of Faulkners worksRead MoreLogical Reasoning189930 Words   |  760 Pages................................................................................. 553 Exercises .......................................................................................................................................... 555 1 C H A P T E R 1 How to Reason Logically T he goal of this book is to improve your logical-reasoning skills. Your logical-reasoning skills are a complex weave of abilities that help you get someones point, generate reasons for your own point

Emerging Issues of Procurement Management †MyAssignmenthelp.com

Question: Discuss about the Emerging Issues of Procurement Management. Answer: Introduction: The risk is a probability of happening something unwanted which can impact the management and operations of the organisation. The food chain supply management comprise of greatest risks which is essential to be managed as it can lay a immense challenge for the company. The other sectors of economy sustain risks through various measures while, the food chain supply has greater risk because of the perishable nature of food. As per this, industries related to food supply chain is essential to be managed in most efficient way that can help in handling of potential risks of its vulnerabilities (Phillips, 2013). The present study is based on risk and procurement management in which a UK based firm Edible solutions Ltd. who imports the food products from Greece has been chosen for detailed discussion. The report will carry out a critical discussion on supplier relationship management and various risks that can be faced in supply chain. There are a number of risks in the supply chain management which can exist either internally or externally. The impact of this supply chain risk is high which has the potential to affect the operations of business seriously. According to Fu, Lee and Teo, (2010), the risk in food supply chain is higher as compared to other business organisations engaged in supply chains as food is a perishable thing. The time factor has a crucial importance in supplies of food materials as after a specific time period, food may get destroyed or perished. Various factors like natural disasters, epidemics, changes in weather etc. have the potential to put the food supply chain in a vulnerable state. As per these complexities related to food supply chain, it is crucial to integrate various functions in best possible way so as to minimise the risks related to supply chain of food and maintain the quality of products. From the reports, it has been found that the demands related to various food has increase d to very high level in UK as compared to supplies. Besides this, various recent scandals related to quality oif food products have raised awareness among public. Thus, there is an increasing demand of regulation for food safety so as to supply quality products (Sodhi, Son and Tang, 2012). As per the scenario, the Edible solutions Ltd. of UK import the food materials from Greece. The organisation makes attempt to provide high quality products that has been imported buy reliable suppliers so that further processing can be done in right manner and end product reaches with same quality. Therefore, the organisation uses to apply various technologies and expertise to manage different kinds of risks that may create a complex situation for the industry. The respective firm imports the food materials from Greece and supply it to various major retail and manufacturing companies in UK. The organisation believes in working closely with the suppliers and customers so that the rising demands among consumers can be catered successfully. In the views of Osipova and Eriksson, (2011), the ISO and HACCP systems are applicable on food industry which acts as a regulatory firm to control quality of food. Yet, the diseases and other risks relevant food quality are not properly met by these bodies. On other hand, many food processing companies either at small or big level are facing challenges in managing the supply chain as a result of lower quality of raw materials, less innovativeness and research activities, use of obsolete technologies and many more. These challenges are the major barriers because of which the firm is not able to cater intensifying demands among customers. Consequently, the trade balance for food products has gone negative (Wa ters, 2011). Blome and Schoenherr, (2011) states that supply chain manager is mainly responsible for applying a best practicing model that can aid in achieving a fully incorporated supply chain which is potential of sustaining the competitive advantage. Besides this, it must be capable of enough flexibility so that manager can implement required changes to meet the extreme events. The supply chain management consists of a number of risks which can be managed and understood through the application of some relevant theories of risk management. Role of procurement management It is evident that the natural resources of world is getting reduced and is under a severe pressure. Besides this, Waters, (2011), states that economies of the world are also changing fast with a number of fluctuations in it that directly impacts the vendor and supplier relationships. Further, this fluctuation in economic conditions results into rising prices of food and energy. Olson and Wu, (2011) argues that in this situation, the role of procurement is to develop understanding for those drivers that can impact demand for natural resources. The procurement management strategies can help in mitigating various risks related to supplies in following way: Developing the knowledge on various alternative sources of materials so that the time of uncertainties can be met. Building up of various alternative product strategies with a relentless supply insecurities so that losses can be written-off which are related to business transactions done at this time. Adopting the approach of circular economy which entails sourcing of secondary raw materials and use of renewable primary materials. Making good investments in the development of various new capabilities in cooperation of strategic partners. Making links and partnerships with local suppliers within supply chain so as to provide micro financing to the local suppliers which can aid in developing jointly local economies and more secure chain of supplies. For instance, the Edible solutions Ltd. has faced issues in supplies of food at the time of economic fluctuations occurred in UK. The company was not able to import required goods from the suppliers at reasonable price and on time. Therefore, it contacted multiple suppliers so as to meet the demands of customers. Besides this, now it adopts the strategy of making investments on new markets and developing partnerships with local suppliers as well. Sustainable procurement process The sustainable procurement process is a concept where social and environmental factors are taken into consideration along with financial constituents for taking decisions related to procurement process. The decisions taken through this concept are based on whole life cost, related risks, parameters of success and its implication on society and environment. Through this process, Edible solutions Company can apply the management through buying of assets, services and supplies by taking into consideration, a number of factors like: Whole value for money including price, quality, functionality etc. The products life cycle Environmental aspects related to processes of supplies Sustainability and recyclability of the products The application of sustainable procurement process will help in long term savings, efficient and optimum use if available resources, reducing deteriorating impacts of various materials, more encouragement to innovations etc. Through this concept, the firms meet their needs for different products and services which can achieve value for money by generating benefits for society and environment. In this sustainability process, inclusion of ISO 20400 will aid in bringing value within procurement and purchase process by disseminating CSR practices within it. The ISO 20400 contains standard principles and guidelines for various stakeholders who are related internally or externally in purchasing processes. The application of ISO 20400 in procurement process will help in increasing value of essential management practices, differentiating genuine efforts from programmes that demonstrate mere window dressing and will encourage other firms to include similar programmes and standards in practice s. The Agency theory has evolved between 1960s and 1970s where it was incepted basically for risk analysis. As per Kalvet and Lember, (2010), the agency theory is meant for assessing the risks after identifying various issues in the firm. Thus, it reflects to recognise various common problems of the company and ways to manage them in conditions of uncertainty. The theory states that one of the party which is said as principal allots a task or work to opposite party known as agent. Tang and Musa, (2011) presents a different view that in this relationship, the principal works for minimising the cost of agency while on other hand, the agent will seek to minimise the control of principal. Thus, on applying this theory in supply chain management, it can be inferred that sourcing company act as a principal while the supplier firm act as an agent. Principals are usually risk neutral while the agents are risk aversive in nature. The rationale behind this risk related nature of principal and age nts is that sourcing company has the power to contact different suppliers or agents by diversifying their investments (Mwikali and Kavale, 2012). While agents or suppliers are, dependent on principals. Resource dependency theory The Resource dependency theory sets a specific view which relates with the supply chain management for understanding the risks related to the process. Organisations use to manage the risks because most of the times, firms are constrained as a result of external environment. Giannakis and Louis, (2011) states that to manage the risks related to resource dependency, a company must have the arrangements related to inter organisational relationships. In addition to this, the theory suggests that those firms who are engaged in supplying bulk products must have the relations and contacts with multiple numbers of suppliers. This facility will help in minimising the most common risk of timely delivery. There can be a number of reasons which may delay the process of supplies between buyer and supplier. These types of reasons may comprise weather changes, issues in transportations and many more. Therefore, to manage such kind of risks, it is essential that the buyer company establishes contact with multiple suppliers so that risks related to the supply management in emergent conditions can be met (Xu, 2010). Here, it can be stated that by acquiring various external resources, required by a firm can be attained by reducing its dependency on others and increasing others dependency on it. The resource based view is an approach that was initially given by Penrose who took the firm as a set of resources through which organisations can differentiate themselves from each other. The resource based view theory suggests that firms possess a number of resources internally (Hong and Kwon, 2012). These resources are the major competitive advantage for the firm and its competitiveness highly depends upon which universal internal resources the organisation possesses. As per the supply chain management, it is evident that a company must strive for using resources of its own firm as much as possible so as to save cost and also minimise the risks related to supplies. Besides this, the mentioned approach also states that the members who are involved in the supply chain management have a close link among themselves so that so as to enhance their capabilities and manage risks. In addition to this, the resources that exist externally or beyond the boundaries of organisation are required to be accessed through management of long term relationships with suppliers so to attain competitive advantages. Not withstanding the significance of co-operation and harmonization for supply chain management, a privileged level of interface passion is needed in order to have an incorporated supply chain management. As per Chaturvedi and Martnez-de-Albniz, (2011), the supply chain management is a process in which a collection of relationships and various use to get organised for smoother flow of materials, information and money between buyer and supplier. However, Lavastre, Gunasekaran and Spalanzani, (2012) contradicts that the efficient management of different information, material and cash is significant so as to improve the performance of supply chain. Risk management in supply chain The complex structure of supply chain management has attracted the interest of many researchers. As per Loch, DeMeyer and Pich, (2011), there are several ways through which the upstream risks in food supply chain can be managed. For this purpose, it is crucial to be familiar with whole process of production, making more investment in designing and integration of supplies, to have win-win situation through effective monitoring and maintain good level of transparency. Therefore, it is crucial to understand the nature of risks and undertake various steps that can help in their management so as to minimise risks and maintain a smooth flow of materials and information (Merna and Al-Thani, 2011). The risk management is a process which follows some of the specific steps that can help in complete solution of its management. These steps can be understood within a risk management cycle in which there are five steps. These steps can be understood in the following section in an elaborated manner: Identification of risks: This is the first step in risk management cycle where manager of Edible solutions Company attempts to make identification of risks. As per this, the manager applies a range of technologies so as to make correct identification of risks. In context of food chain supply, there can be a number of risks that are essential to be forecasted and also to make identification after initiation of the process (Xanthopoulos, Vlachos and Iakovou, 2012). The manager makes the identification of risks by making a risk register in which detail explanation of risks, their impacts and likelihood are mentioned. Analysing the risk: On the basis of above process, where risk register is prepared, the analysis of risks are done. Here, the risk register is used as a base as it contains types of risks, their likelihood to appear and their impacts on supply chain management. These risks are analysed so as to understand their nature and various impacts that which are potential to affect the goals of supply chain. The collected information is analysed by the concerned manager and ways are found out for its solution (Olson and Wu, 2010). Evaluating and ranking risks: On the basis of risk register, the results obtained by combining outcomes of likelihood and consequences of risks are used for ranking the risks. Here, the cited firm makes an evaluation of risks so that a particular ranking can be done so as to make a decision regarding whether the risk is acceptable or needs urgent action for its treatment. On this basis of evaluation made for analysing impact of risks, the managers in supply chain management take various decisions (Nagurney, Masoumi and Yu, 2012). Treat the risk: As per the above step, in which the analysis is made for giving ranking to the risks on the basis of their seriousness are addressed for treatment. The highest ranked risk is taken on priority basis so as to undertake steps for its solution. These risks are treated in a way so as to minimise its impact or bringing it to the acceptable level. This is a crucial step in which decisions related to mitigating the risks and enhancing opportunities are taken. The contingency and preventive plans are prepared so as to treat the highest ranked risk as per the risk register. Monitoring and reviewing risk: This is the last step in entire process of risk management where the manager of mentioned enterprise makes some provisions so that he/ she can keep watch over the project risk register (Colicchia and Strozzi, 2012). This helps in monitoring entire process so that any new risk can be identified at earlier stages and appropriate measures can be adopted for their treatment in advance. From the studies, it has been discovered that supply chain consists of a wide number of risks as well as opportunities. Both risks and opportunities for an organisation have an impact on the entire chain. In addition to this there can be production related risks in cited venture and also procurement of the risks. Therefore, it is essential that steps are taken as per the nature of risks so that their management can also be done in appropriate manner. The number of risks and their management along with its likelihood and impacts can be studied properly within a risk register. Thus, the risk register related to the food supply chain can be developed in following manner (Nojavan and et.al., 2015). Sr.no. Risk description Cause Likelihood Impact Required action 1. Sometimes, timely delivery of food materials may not be received due to which food may get perished. There can be both controllable and uncontrollable reasons for such condition like unfavourable weather, loss in transit and delays due to heavy traffic or closure of roads (Olson and Wu, 2011). High The delay caused in timely delivery may impact the relationship between buyer and supplier firm. Besides this, the buyer organisation will have to face heavy losses in financial terms and loss of customers as well. To make arrangements of insurance so as to recover losses incurred from uncontrollable events. Besides this, order can be placed in well advance so as to keep a margin of some days in case of delay (Fu, Lee and Teo, 2010). 2. The quality of food and raw materials supplied can be of lower quality. The relation between buyer and supplier may not be sound because of which the supplier may not send the quality material. Besides this, the buyer may not have the contact with a good supplier. Moderate The consumers who get the end products may not get satisfied with the quality of product. This may increase dissatisfaction among the consumers and fir may get loss its customer base (Osipova and Eriksson, 2011). The firm must ensure that the procurement is made through a loyal supplier. Besides this, it is also essential that buyer shares all required information to the suppliers about quality of products in a proper way so as to get the desired quality product. 3. The enterprise sourcing raw materials and food must comply with the safety and quality standards along with regulatory laws which may result into lawful actions against the organisation (Dey, 2010). Sometimes, the companies may not meet the regulatory requirements and quality standards so as to operate at minimum cost of operations. Low In case of violating any food and safety law which may be intentional or unintentional, the lawful action may be taken against the firm. Thus, the goodwill of organisation may get impacted negatively resulting into loss of customers for the company. The entity may adopt an option of appointing a professional who can give advices related to laws and regulatory frameworks that are necessary to be complied with (Blome and Schoenherr, 2011). On the basis of above risk register, the organisation based on food sector can assess various risks and divide them on priority basis so as to mitigate them. In near future, the task of strengthening relationships between vendor and supplier with a wide network will have a significant importance. Therefore, it is crucial to adopt some concrete steps by the Edible solutions, so that deal between buyer and supplier can be handled in changing marketplace. Therefore, the stated venture has adopted the approach of Digital supply management which will support in cultivating different insights and capabilities. The said approach is based on developed business strategy with increased value of supply chain management (Xanthopoulos, Vlachos and Iakovou, 2012). Through leveraging analytics, digital manufacturing and logistics and reconfiguration for Supplier Relationship Management, procurement is proficient to sustain the business to exploit value in the upstream supply chain, whether it is in merchandise innovation, delivery superiority or product precision and sustainability. Conclusion The present report is based on managing risks related to the supply chain where the companies importing the food materials are at greater risk. It is evident that the organisations facing issues in managing risks related to certain and uncertain events use to adopt various approaches so as to mitigate risks. The report has discussed various models which conclude that supply chain management is affected by a number of factors. Therefore, it is crucial to manage different types of factors so as to minimise the happening of varied risks. The report has critically discussed the significance of various models which can help in managing different risks. References Blome, C. and Schoenherr, T., 2011. Supply chain risk management in financial crisesA multiple case-study approach. International journal of production economics, 134(1), pp.43-57. Chaturvedi, A. and Martnez-de-Albniz, V., 2011. Optimal procurement design in the presence of supply risk. Manufacturing Service Operations Management, 13(2), pp.227-243. Colicchia, C. and Strozzi, F., 2012. Supply chain risk management: a new methodology for a systematic literature review. Supply Chain Management: An International Journal, 17(4), pp.403-418. Dey, P.K., 2010. Managing project risk using combined analytic hierarchy process and risk map. Applied Soft Computing, 10(4), pp.990-1000. Fu, Q., Lee, C.Y. and Teo, C.P., 2010. Procurement management using option contracts: random spot price and the portfolio effect. IIE transactions, 42(11), pp.793-811. Giannakis, M. and Louis, M., 2011. A multi-agent based framework for supply chain risk management. Journal of Purchasing and Supply Management, 17(1), pp.23-31. Gurnani, H., Mehrotra, A. and Ray, S., 2012. Supply chain disruptions: Theory and practice of managing risk. London: Springer. Hong, P. and Kwon, H.B., 2012. Emerging issues of procurement management: a review and prospect. International Journal of Procurement Management 4, 5(4), pp.452-469. Kalvet, T. and Lember, V., 2010. Risk management in public procurement for innovation: the case of NordicBaltic Sea cities. InnovationThe European Journal of Social Science Research, 23(3), pp.241-262. Lavastre, O., Gunasekaran, A. and Spalanzani, A., 2012. Supply chain risk management in French companies. Decision Support Systems, 52(4), pp.828-838. Loch, C.H., DeMeyer, A. and Pich, M., 2011. Managing the unknown: A new approach to managing high uncertainty and risk in projects. John Wiley Sons. Merna, T. and Al-Thani, F.F., 2011. Corporate risk management. John Wiley Sons. Mwikali, R. and Kavale, S., 2012. Factors affecting the selection of optimal suppliers in procurement management. International Journal of humanities and social science, 2(14), pp.189-193. Nagurney, A., Masoumi, A.H. and Yu, M., 2012. Supply chain network operations management of a blood banking system with cost and risk minimization. Computational Management Science, 9(2), pp.205-231. Nojavan, S., Mehdinejad, M., Zare, K. and Mohammadi-Ivatloo, B., 2015. Energy procurement management for electricity retailer using new hybrid approach based on combined BICABPSO. International Journal of Electrical Power Energy Systems, 73, pp.411-419. Olson, D.L. and Wu, D., 2011. Risk management models for supply chain: a scenario analysis of outsourcing to China. Supply Chain Management: An International Journal, 16(6), pp.401-408. Olson, D.L. and Wu, D.D., 2010. Enterprise risk management models. Heidelberg: Springer. Osipova, E. and Eriksson, P.E., 2011. How procurement options influence risk management in construction projects. Construction Management and Economics, 29(11), pp.1149-1158. Pfohl, H.C., Khler, H. and Thomas, D., 2010. State of the art in supply chain risk management research: empirical and conceptual findings and a roadmap for the implementation in practice. Logistics research, 2(1), pp.33-44. Phillips, J., 2013. PMP, Project Management Professional (Certification Study Guides). McGraw-Hill Osborne Media. Sodhi, M.S., Son, B.G. and Tang, C.S., 2012. Researchers' perspectives on supply chain risk management. Production and operations management, 21(1), pp.1-13. Tang, O. and Musa, S.N., 2011. Identifying risk issues and research advancements in supply chain risk management. International journal of production economics, 133(1), pp.25-34. Waters, D., 2011. Supply chain risk management: vulnerability and resilience in logistics. Kogan Page Publishers. Xanthopoulos, A., Vlachos, D. and Iakovou, E., 2012. Optimal newsvendor policies for dual-sourcing supply chains: A disruption risk management framework. Computers Operations Research, 39(2), pp.350-357. Xu, H., 2010. Managing production and procurement through option contracts in supply chains with random yield. International Journal of Production Economics, 126(2), pp.306-313.

The Subway Franchise Essay Example For Students

The Subway Franchise Essay The Subway FranchiseThe Subway story started in 1965 in Bridgeport, Connecticut during the summer of 1965. 17 year old Fred DeLuca was trying to earn enough money to pay for his college tuition by working in a hardware store. He wanted a way to add money to his minimum wage salary. He got the solution at a backyard barbecue in a conversation with a family friend, nuclear physicist Dr. Peter Buck. With a $1000 loan from Buck, DeLuca opened Petes Super Submarine on August 28, 1965. One year later, he opened his second shop so customers would see him expanding and believe that he was successful. In an effort to increase visibility to customers, he shortened the name to Subway and introduced the bright yellow logo. The first Subway franchise opened in Wallingford, Connecticut in 1974. The initial franchise fee is $10,000 for a moderate cost store. By the time you add in the $7,500 leasehold improvements, the $2.500 equipment lease security deposit, the $3,000 operating inventory, and the other costs the total investment for a moderatecost store is roughly $104,500. There is an 8% weekly royalty fee and a 2.5% weekly advertising fee. We will write a custom essay on The Subway Franchise specifically for you for only $16.38 $13.9/page Order now The franchisee is responsible for the franchise fee, and the leasehold improvements. They also have to lease or purchase equipment, hire the employees, and do the daily operation of the store. The franchisee also has to pay the weekly advertising and royalty fees. The company provides access to proven formulas ; operational systems site evaluation. The company also provides training at headquarters in Connecticut. They give the franchisee an operations manual and provide a representative on site during opening. The company will periodically evaluate the store. They also provide marketing and advertising support. The company helps design the store and tells you what equipment you need. 94% of all franchise owners consider their Subway successful. In 1965 there was one Subway open. In 1990 there were 5,144 and in 1997 there are 13,030. 11,201 of these stores are in the U.S. and 1,203 are in Canada. There are Subway stores in over 50 countries around the world including Australia, England, Costa Rica, Japan, and South Korea. The secret behind each foot long submarine is the bread, freshly baked on the premises daily. Sub way is the first sandwich chain to bake their bread on the premises. In 1990 Subways sales exceeded 1 billion dollars and in 1997 they are expected to exceed 3 billion. Subway has some shops in many untraditional places such as convenience stores, stadiums, hospitals, airports, and truck stops. Subway has been named the #1 franchise for ten years in a row by Entrepreneur magazine.