Sunday, May 10, 2020
A Few Creative Ways to Use Imagery in Conclusion of Essay Writing
<h1>A Few Creative Ways to Use Imagery in Conclusion of Essay Writing</h1><p>When it arrives at finish of exposition composing, nothing can beat the intensity of symbolism. Symbolism is an integral asset utilized in paper composing, particularly exposition expounding on feelings. A ground-breaking picture can make a distinctive impact to your peruser and make the undertaking of examining your thoughts and considerations simple. Here are a couple of innovative approaches to utilize symbolism in finish of article writing.</p><p></p><p>The first idea - In quite a while, you ought to recollect that perusers are commonly increasingly responsive to feeling that you will discuss as opposed to attempting to persuade them. Utilizing symbolism along these lines, you can cause it to appear as though you are tending to this issue by introducing some solid realities from the main idea, for instance, 'I realize that huge numbers of my friends in my group d on't care for your school without question, and you can perceive any reason why they feel this way.</p><p></p><p>To them, your announcement may seem like an affront to their insight, which is totally inadmissible. Along these lines, you can begin tending to them through symbolism, coming to your meaningful conclusion effectively and quickly.</p><p></p><p>The doubt - For certain individuals, the 'qualm' is an all the more intriguing methodology. They will attempt to stress to you their concern, clarifying it unmistakably, and present your point all the more effectively through imagery.</p><p></p><p>Instead of introducing your thought and considerations in a legitimate manner, you can exploit these visual pictures to incorporate more detail. Perhaps the most ideal approaches to introduce your point is through photos, works of art, or drawings.</p><p></p><p>The third idea - This is one of th e most splendid thing you can do, as it exploits the way that perusers can commonly comprehend your contention effectively as well as get you. You can show your point by utilizing pictures. These can likewise include more data about you and your circumstance, making it simpler for you to introduce your ideas.</p><p></p><p>And there you have it, three basic strategies to begin utilizing symbolism in finish of paper composing. Symbolism, when utilized accurately, can be an incredible asset with regards to representing your point and making a ground-breaking effect on your reader.</p>
Saturday, May 9, 2020
The Dirty Facts on Online Essay Writer
<h1> The Dirty Facts on Online Essay Writer </h1> <h2> The Do's and Don'ts of Online Essay Writer</h2> <p>Therefore, an incredible on-line article author ought to be able to coordinate her or his gained data in order to create unique work that can't prompt punishments that outcome from written falsification cases. There are heaps of online instruments from where you think that its conceivable to find the subtleties of exposition composing. Free editing offered with every format bought! A far superior thought for finding a sufficient article essayist on the web is working with a custom composing administration. </p> <p>If you wish to complete your expositions quicker, at that point you must beginning taking a shot at it the moment you get it. There are numerous sorts of expositions, it's not testing to take out your eye on the entirety of your composing assignments. 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Our essayists can't make a difference to carry out your responsibility without anyone else. In the event that, for instance, it ended up being an independent author, there's next to no you can do. </p> <p>A incredible article author is one which you can depend on to gracefully you with the exposition you must have in the time span in which you require it. He ought to have the option to choose the best exposition subject for his reli gion papers task in order to accumulate significant task data which is legitimate and applicable to the general public. On-line article journalists must have fundamental qualities that are basic to writing to have the option to be in a situation to convey the best of administrations in online redid paper composing. A fabulous exposition author is one which you can rely upon to give you the paper you should have in the time span in which you require it. </p> <p>You're probably going to forestall a paper in the midst of an issue. At our paper help, expositions are constantly conveyed in a short second. An article a piece of creating about a specific theme or subject. It is a genuinely concise piece of composing on a particular point. </p> <p>You'll discover to your author to give points of interest or solicitation guidance about the progression of your buy. In any case on the off chance that you are in staff or school, forming a task are slanted to be wearisome. At the point when it is spotless and syntactically right at that point it will be acknowledged. Artists and journalists continually make use of unique interesting expressions to express what is on their mind. </p> <p>Trying to get your paper modified or your well deserved cash discount won't generally take care of business either. A scholarly exposition essayist is an individual who will in a perfect world have a decent arrangement of involvement with both scholarly community and the organization world, and they'll demand a reasonable amount of cash. Just have a look at assessments from Ahead Clients be-ing that online article writers just as the separate organizations have been in activity for bunches of years today, you'll find a lot of earlier customers where you'll have the ability to go to as approaches to decide about the evaluation of their merchandise. Just creators that are keen on your branch of knowledge will set an offering to help you. </p> <p>Writing expositions is a fundamental bit of the school understanding and can be made far simpler by recruiting experts. Our essayists are glad to share their mystery rehearses and valuable tips with every client. Truly however, there are two or three college understudies who don't get a handle on the abilities just as the information about approaches to compose quality media expositions. </p> <h2> Online Essay Writer Features</h2> <p>You're in a situation to get exposition at speeds out of channels that are on the web in the event that you happen to believe that you will attempting to complete your procedure by your endeavors. Such meetings can cause propositions for employment, it happens constantly. For the most part, its authors are picked by a set up spilling organization with bunches of care. For the underlying three months every one of the journalists are being investigated period. </p> <p>College exposition essayists might be incredible for the necessities you have at case they are normal by you with almost every employment which you've gotten. Composing ability is something an individual can't stow away, especially with regards to scholarly papers. At the point when understudies compose enlightening article then they can transform into a remarkable author. </p> <p>Writing a circumstances and logical results paper may be more mind boggling than the run of the mill ones. All you will require is to determine what should tumblr in the article. At the very same time which you may love to acquire into your staff paper help, you have to know definitely what you're mentioned to finish before you initiate composing a paper. </p>
Friday, May 8, 2020
How To Use Sample Admissions Essay Topics For High School
How To Use Sample Admissions Essay Topics For High SchoolIf you want to write a great college admissions essay, then the first thing you should do is find sample admissions essays topics for high school. These are very important since they will give you some idea of what writing is all about.Remember that high school is a time of transition for many students. Sometimes this can mean that your memories are not that great. Having them written down in a way that you can easily understand, can help make sure that they are remembered by the admissions committee at your college.You need to be able to discuss your achievements so that the admissions committee knows what you have done. You can use samples as a springboard to get you started.You may want to check with a counselor or teacher that has something to offer to help you write your essays. You need to remember that you have to think about this when you write it down so you need to be prepared.You can use these samples to help you bra instorm and write your essay. The sample that you get from them can be your base for your own draft. You may want to take some notes so that you can reference them.After you have written the essay, you will be happy to know that you have put some hard work into it. Your essay will provide an admissions committee with an overview of you and your high school life. This is why you should spend some time getting a feel for what you want to say.There are several resources online that can help you with this process. You just need to look for a resource that has samples that are appropriate for you. With some research you can even find sample essays for high school that you can use as a guide.If you find that you are not getting the proper guidance when it comes to writing full essays, then you may want to look for one that can provide that for you. You want to be able to tell your admissions committee why you would be a good fit for them. You want to use samples as a starting point for yo ur own writing so that you will be prepared to answer the question that is on their minds.
Best Research Paper Writing Services Reviews
Best Research Paper Writing Services ReviewsAre you struggling to come up with the best research paper writing services reviews to help you decide? Here are some ways that can help you get started with the best research paper writing services.Firstly, it is vital that you fully understand what a research paper writing service entails. These services are usually developed with the intent to help students in their research for the high school or college level. This type of service will have quite a few components. Some of the things include; research questions, analysis of this research and interpretation of the results.Secondly, it is very important that you understand that there are many different types of research paper writing services. As with any service industry, there are many competitors within each service industry.This means that if you were to go with a competitor to get your research paper writing service, you could lose out on a great deal of money. In most cases, it is n ot worth the risk of going with the wrong service.Thirdly, when you are looking for the best research paper writing service, the thing that you will want to focus on is the service that you get. Each service has a website, but also has their own unique offerings. The best way to make sure that you are getting the best research paper writing service is to go to each service's website and speak to someone about their services and then read reviews of their services.All of these factors, together, are what you will want to remember when it comes to choosing the best service. All of these factors should be taken into consideration before you make a decision. You will want to avoid wasting money on the wrong service because it is likely that you will be disappointed with the results of your research paper writing service. There are many ways that you can research the best research paper writing service to get a great service. Be sure to look into the services that you want to choose so t hat you do not waste money on one that is not right for you.
Wednesday, May 6, 2020
The Mexican American War Of Mexico - 2607 Words
The Mexican-American War was the war between the United States and Mexico that took place in 1846 through 1848 over disputes of land. By the time that the United States invaded Mexico, Mexico had very few resources left to defend its nation, causing the United States to win the war and making it possible for it to claim half of New Mexicoââ¬â¢s national territory. However, prior to the Mexican-America War, tired and exhausted Mexico was fighting a few battles of its own. The City of Mexico was living in fear due to the destruction Comanche Indians and their allies brought upon Mexico. During the 1830ââ¬â¢s through 1840ââ¬â¢s, prior to the Mexican-American War, Comanche Indians, Kiowaââ¬â¢s, and other Indian allies invaded and attacked Mexican settlements by using tactics such as raids. These raids claimed the lives of many Indians and Mexicans, destroyed most of Northern Mexicoââ¬â¢s economy and slowed down Mexicoââ¬â¢s growth. The raids by the Comanche Indians were what eventually shaped the outcome of the Mexican-American war. Indian raids by the Comanche and their allies like the Kiowaââ¬â¢s generated many problems for Mexicoââ¬â¢s agricultural, commercial and ranch life during the 1830ââ¬â¢s. As a result, Mexicoââ¬â¢s ability to defend itself declined when centralism, militarism, and American imperialism were devastating the nation. Development on both sides of the Rio Grande in the 1830ââ¬â¢s through the 1840ââ¬â¢s, like Mexicoââ¬â¢s swing to dictatorship in 1835, and the power struggle between civil and militaryShow MoreRelatedThe Mexican American War Of Mexico1255 Words à |à 6 PagesDid you know that in the Mexican-American War, the US took half of Mexico s land? After Mexico s independence from Spain in 1821, the northern lands of Mexico were rarely used. America saw this as an opportunity to expand by seizing Mexicoââ¬â¢s northern lands, and took it. They accepted Mexico s offer to live in Texas, and soon Texas became overrun with Americans. They influenced Texas to go against Mexico, and eventually Texas was won by the US in battle. After that, Mexico and America began havingRead MoreMexican American War : Mexico Essay1233 Words à |à 5 Pages Mexico, whose official name is Estados Unidos Mexicanos or United Mexican States is our neighbor to the south, the U. S. and Mexico share 1,989 miles of border territory (ââ¬Å"How Long,â⬠2015). Mexico is made up of 31 states and one federal district. Prior to the Mexican American War in 1846, New Mexico, California, Texas, Arizona, Colorado and Utah were also part of the Mexican territory, which was about one third of their territory (ââ¬Å"Mexican-American War,â⬠2009) The population in Mexico is estimatedRead MoreThe Mexican American War : A War Between Mexico And The United States1229 Words à |à 5 PagesMonica Vela Kerry Jones Composition II November 24, 2014 The Mexican-American War was a war between Mexico and the United States that initiated in 1846 and finished in 1848 in the wake of the U.S capture of Texas, which Mexico considered part of its land. After independence from Spain in 1821, Mexico inherited the provinces of California, New Mexico and Texas. Enervated and virtually bankrupt after the war, the new Mexican government could not control its northern territories that were thousandsRead MoreThe Mexican American War, Spanish Guerra De 1847770 Words à |à 4 PagesThe Mexican-American War The Mexican War, Spanish Guerra de 1847, or Guerra do Estados Unidos a Mexico, are different names for the Mexican-American War. Many incidents happened even before the war officially began. Eisenhower simply and bluntly stated: ââ¬Å"The fact is that Mexico stood in the way of the American dream of Manifest Destiny.â⬠Manifest Destiny was just one of the causes that pushed us to war with Mexico. The first battle was at Palo Alto, a fort that was in the disputed zone. ThereRead MoreMexican War/US Land and Territory600 Words à |à 3 PagesMexican War/US Land and Territory The Mexican American War caused many people to lose lives and could have been avoided. President Polk wanted more land and liked the idea of expanding the US. As a result of the war, the US had acquired more than 525,000 square miles of land. Many historians believe that the Mexican War was an unnecessary attack on a weaker country. The Mexican war had many causes and effects but ultimately Mexico lost. The Mexican American war happened for many reasons. AroundRead MoreEssay about The Mexican War as an Exercise in American Imperialism1152 Words à |à 5 PagesThe Mexican War as an Exercise in American Imperialism The US government believed firmly in the doctrine of Manifest destiny, the government argued that they had the right and duty to expand through North American because it was necessary and inevitable. During the 19th century Mexico dominated a large amount of North America which was inhabited by American settlers and the American government aimed to expand the USA from the Atlantic Ocean to the Pacific Ocean and wereRead MoreMexican American War : The United States784 Words à |à 4 Pages Mexican-American War The Mexican-American War is one of the deadliest wars in U.S. History. This war was a Battle driven by Manifest Destiny for the Americans to acquire the territory of Texas that they felt belonged to them. But Mexico refused to give up the territory to the United States. The war consisted of several issues between the United States and Mexico that couldnââ¬â¢t be negotiated or resolved without the use of force. After a border incident between Mexican and American troops. PresidentRead MoreMexican American War And The United States1102 Words à |à 5 Pagesthe most important war in the history of United State was the ââ¬Å"Mexican-American Warâ⬠, also called by Mexicans ââ¬Å"the United State Invasionâ⬠. The war begun in the 19th century when the United State expansion cause disagreements with the Mexicans. One important character in the United State side was the president James K. Polk who served during the war time. Beside Mexico side the president Santa Anna le d Mexico to the first the battle of Mexico with Texas which later one bring the war between this twoRead MoreThe Mexican American War Essay1223 Words à |à 5 PagesUnited States of America has been through many wars, wars concerning many things such as land oil, pride and respect. However, when the United States went to war with Mexico, it was planned over greed. The Mexican- American war was a war provoked by the United States, in efforts to expand the coasts of the country. Mexico was a small under privileged country who had previously to the war had already lost part of their country (Texas). Needless to say this war was cut throat and violent, it was howeverRead MoreThe Mexican-American War Essay870 Words à |à 4 Pagesdisregard for the toll a war can take on human lives. When the Alamo was fought back in February 1836, it was about the independence of Texas from Mexico. In retaliation of the death and destruction of human life, Sam Houston retaliated in April and killed 630 Mexican soldiers and took General Santa Anna prisoner (Tindall Shi, 2010). This was the start of the independence of Texas and the quest for annexation into the United States, which ultimately led to the Mexican-American War of 1846-1848. This
Tuesday, May 5, 2020
Implication of Business Market Alpha ltd Plans
Question: 1 . (a) Alpha Ltd plans to issue 1 000 bonds that have a face value of $100 and 8 years to maturity. The bonds pay a coupon rate of 8%, paid every six months and offer the same yield as that of similar-risk companies, i.e. 2% higher than the government bond rate of 5.5%. The potential investors are offered the option to convert each bond held into Alpha s ordinary shares that are expected to pay a dividend of $1.50 per share in the next year. These dividends are expected to grow at 7.5% every year. Assume you are a potential investor and shares in companies with similar risks to Alpha Ltd are currently trading at a nominal discount rate of 10% per annum. Calculate the value of the bond and the share. Discuss whether you should accept the option to convert Alphas bonds into its ordinary shares. (12 marks) b) Discuss the implication of term structure of interest rates on investors preference for a short-term bond over a long-term bond. Assuming both bonds have the same face value and pay the same coupon rate. (13 marks) 2 . a) Cantona Ltd plans to expand its production capacity by purchasing an additional machine that costs $3 600. The company will incur $750 shipping and $450 installation costs. The machine is expected to have a useful life of five years with an annual depreciation of $400. At the end of the 5th year, the machine will have a book value of $1 600 and can be sold at the market value of $1 200. Cantona forecasts $2 800 additional revenues per annum generated, and $200 additional costs per annum incurred by the machine. The companys tax rate is 30% and its cost of capital is 10%. Determine the net present value of the cash flows associated with the machine. b) The net present value (NPV) rule often provides the most correct investment decision. Discuss whether you agree with the above statement. 3. Distinguish between debt financing and equity financing. Your response should include a discussion on when to use debt financing or equity financing. Answer: 1. Valuation of share It is known that shares with similar risk profile have an expected return on equity of 10% pa. The Alpha ordinary share would pay a dividend of $ 1.5 next year and it would increase perpetually at the rate of 7.5% per year. As per Gordon dividend discount model (Damodaran, 2008). Price of share = Next Year Dividend/(Required return Dividend growth rate) Hence, price of ordinary share of company = 1.5/(0.1-0.075) = $ 60 Valuation of bond Face value of bond = $ 100 Coupon rate = 8% paid semi annually Hence, coupon payment after every six months = 0.08*100/2 = $ 4 Time to maturity = 8 years Prevalent market interest rate which would act as discount rate = 5.5 + 2 = 7.5% pa Hence, the value of the bonds can be estimated from the following table (Petty et. al., 2015). Half year Total cash inflow Present value factor PV of cash inflow ($) 1 4 0.9639 3.86 2 4 0.9290 3.72 3 4 0.8954 3.58 4 4 0.8631 3.45 5 4 0.8319 3.33 6 4 0.8018 3.21 7 4 0.7728 3.09 8 4 0.7449 2.98 9 4 0.7180 2.87 10 4 0.6920 2.77 11 4 0.6670 2.67 12 4 0.6429 2.57 13 4 0.6197 2.48 14 4 0.5973 2.39 15 4 0.5757 2.30 16 104 0.5549 57.71 Total 102.97 Thus, the current value of one bond of the company is $ 102.97 Decision to convert or not Since the intrinsic value of the ordinary share of the company is $ 60 which is significantly lower than the amount recovered from the bond in terms of repayment, thus, it is beneficial for the investor not to go for the conversion of the bond into one equity share of the company (Brealey, Myers Allen, 2008). The term structure of interest rate also referred to as yield curve and may take various shapes. However, normally the interest rates or yield tends to increase as the maturity increases as the underlying risk increases, thus resulting in addition of maturity premium. There are three main theories that tend to impact the structure of interest rate which in turn drives the preference of investors (Parrino Kidwell, 2011). Pure expectation theory This tends to state that the yield curve is driven by the expected interest rates in the short run. For instance, if the investors expect that in the long run that the interest rates would fall, the same would be built up in the yield curve and represented. However, this theory ignores the importance of maturity premium. Liquidity preference theory The investors tend to demand compensation for the higher interest rate risk in the long run. Also, they tend to prefer bonds with lower maturity as the underlying interest rate risk is lesser and can be predicted with more accuracy. Market segmentation theory This deals with the underlying demand and supply of bonds of a particular maturity and in the event the investor should invest in a maturity period which is not preferred by him/her, then suitable compensation should be given to the investor. Assuming that the face value and coupon rate is same, the investors would prefer short term bonds compared to long term bonds due to the following reasons (Brigham Ehrhardt, 2013). The expected interest rate in the short term can be predicted with more accuracy. In case of higher maturity period, the underlying interest rate risk may increase. As a result of higher interest rate fluctuations, the price of the bond may fluctuate and hence limit the liquidity associated with a bond. For instance, if the market interest rates rise, the bond prices would fall and hence the investor may have to hold the bond till maturity which would enhance liquidity risk. Considering the volatile financial markets, a low maturity period offers flexibility to the investors in terms of switching amongst asset classes based on performance. In case of low liquidity for certain bonds, the liquidity premium may also be applicable for longer maturity bonds. However, since the coupon is same, hence the investor would like to minimise the liquidity risk by choosing a lower maturity period. 2. Total cost of the machine = 3600 + 750 + 450 = $ 4,800 The NPV calculation based on the incremental cash flows arising from the project are shown below (Brealey, Myers Allen, 2008). Year 0 1 2 3 4 5 Incremental revenue ($) 2,800 2,800 2,800 2,800 2,800 (-)Incremental cost ($) 200 200 200 200 200 (-)Annual Depreciation ($) 400 400 400 400 400 (-) Cost of machine (including shipping and installation) 4800 (+) Salvage value of machine 1200 Pre-tax cash inflow/(outflow) -4800 2200 2200 2200 2200 3400 (-)Tax (@ 30%) 660 660 660 660 1020 Post tax cash inflow/(outflow) -4800 1540 1540 1540 1540 2380 (+) Depreciation (since non-cash charge) 400 400 400 400 400 Net cash inflow/(outflow) -4800 1940 1940 1940 1940 2780 (*)PV Factor (@ 10% discount rate) 1 0.909 0.826 0.751 0.683 0.621 PV of cash inflow/(outflow) ($) -4800 1763.64 1603.31 1457.55 1325.05 1726.16 NPV ($) 3075.70 As is apparent from the above calculation, the NPV associated with the machine is $ 3,075.7. I would agree with the statement that NPV often gives the most correct investment decision. This is primarily because the other techniques deployed for capital budgeting have shortcomings that are listed below (Damodaran, 2008). Payback period does not take into consideration the time value of money and also does not consider the cash flows after the payback period. Discounted payback period does not consider the cash flows arising from the project after the discounted payback period. IRR or Internal rate of return may not give accurate result in cases where cash outflow in involved during the project. This usually gives rise to multiple IRR values. NPV does not suffer from any of the above issues identified with commonly used techniques. However, it is quite sensitive to the discount rate but that is also true for the other techniques which take into consideration the time value of money. Thus, NPV is undoubtedly a correct technique and can also be used for choosing between mutually exclusive projects (Parrino Kidwell, 2011). 3. Debt financing refers to the financing arrangement where the money is raised in the form of debt and not equity. On the other hand, equity financing refers to the financing arrangement where the money is raised in the form of equity and not debt. Advantages of debt financing Since the equity is not diluted, hence ownership and control is maintained. Due to the interest charges, tax liability is reduced. The company has flexibility to borrow based upon underlying use. Disadvantages of debt financing There is significant bankruptcy risk since the borrowed sum needs to be repaid back with interest. It tends to reduce the flexibility available to business due to debt covenants imposed by lenders. The profitability may take a hit due to continuous interest payments especially in times of weak business environment. Advantages of equity financing The money raised does not need to be repaid back. No strict covenants associated and higher overall flexibility in business. No bankruptcy risk as no interest or principal repayment. Disadvantages of equity financing Since equity is diluted, hence ownership and control reduces which may make it difficult for the promoter to run the business as consultations from shareholders would be required before critical decisions are made. Investors typically demand a higher rate of return on equity as compared to debt. Raising equity especially through capital markets may be time consuming and tedious affair. Equity financing or Debt financing It is apparent from the above discussion that both debt financing and equity financing have their relative merits and demerits. As a result, it is imperative that companies should use a judicious mix of these two modes of financing so as to derive an optimum capital structure. The exact mix of the two financing would depend on a plethora of factors such as size of the company, nature of the business, amount of money required, amounts of profit generated, robustness of business model and underlying economic climate (Brealey, Myers Allen, 2008). For instance, when the company is small and in its nascent stages, then equity financing is comparatively more preferred since such companies do not have assets to keep as collateral for availing debt financing. Further, in sectors such as infrastructure where capital requirements are huge, debt financing is more preferred compared to equity financing. Besides, in businesses and projects that are highly risky, more equity financing is preferred as the banks and financial institutions are unwilling to lend (Petty et.al., 2015). Thus, from the above discussion it may be concluded that the preference of debt or equity financing is driven by a plethora of factors and usually a mix of both modes is used with varying degrees as demonstrated using examples above. References Brealey, R, Myers, S Allen, F 2008, Principles of Corporate Finance, 9th eds., McGraw Hill Publications, New YorkBrigham, EF Ehrhardt, MC 2013. Financial Management: Theory Practice, 14th eds., South-Western College Publications, New YorkDamodaran, A 2008, Corporate Finance, 2nd eds., Wiley Publications, London Parrino, R Kidwell, D 2011, Fundamentals of Corporate Finance, 3rd eds., Wiley Publications, London Petty, JW, Titman, S, Keown, AJ, Martin, P, Martin JD Burrow, M 2015, Financial Management: Principles and Applications,6th eds., Pearson Australia, Sydney
Sunday, April 19, 2020
Metrovox free essay sample
Based on the risk factors associated with the Bugabyte and the Bugabyte Lite, which product do you think Grunwald and Vogel will recommend as the best candidate for assembly outsourcing? To decide which product, either Bugabyte or Bugabyte Lite, is the best candidate, Metrovox has to identify its core competencies and to outsource non-core activities. I personally think Grunwald and Vogel will recommend Bugabyte Lite for assembly outsourcing while Bugabyte to be kept assembling in-house and not to pass out to others to perform. Bugabyte Lite has been on market for over six years with the same quality but a new look. It has a well established assembly process and product testing. This helps Metrovox to outsource its Bugabyte Lite because Metrovox can easily establish production standards and testing guidelines in its requirement documents for outsourcers to follow. It also helps Metrovox to establish performance indices to access quality control. So, those outsourcers have a higher chance of meeting Metrovoxââ¬â¢s high quality product expectations. We will write a custom essay sample on Metrovox or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page By contrast, the Bugabyte is still relatively new on the market and just recently Metrovox has included several new stages in their assembly stage. Communication to those Bugabyte outsourcers to comply with the new production stages standards may not be easy initially and so Metrovox may sacrifice the high Bugabyte product quality as usual. Indeed, there is also a significant amount of proprietary information that is used in Bugabyte circuit board testing. This means that releasing this proprietary information to the Bugabyte outsourcers for testing must pose a significant threat on Metrovox because outsourcing Bugabyte assembly line means releasing Bugabyte design and specification details to some third-parties and may ultimately lead to Bugabyte imitationââ¬â¢ opportunities. On the one hand, Metrovox would want to highlight the Bugabyte handheld video devices. On the other hand, outsourcing Bugabyte assembly line is not compatible with Metrovoxââ¬â¢s strategy as Metrovox relies on product differentiation and high quality control to assure its market position and competitive advantage. However, outsourcing Bugabyte Lite assembly line will not pose similar problems and it seems a wiser strategy to pursue as mentioned above. 2. Based on Grunwald and Vogelââ¬â¢s decision, what will be the benefits and disadvantages of outsourcing the assembly function? In the case of Metrovox, benefits of outsourcing the Bugabyte Lite assembly function include improving customer service and focusing only on core competencies of Bugabyteââ¬â¢s assembling and testing. The key problem, as it was mentioned, is ââ¬Å"due to the recent development of the video capable Bugabyte, Metrovox is experiencing increasing production delays. â⬠Outsourcing Bugabyte Lite would help Metrovox to allocate sufficient key resources on developing Bugabyte, in line with Metrovoxââ¬â¢s strategy on product differentiation. At the same time, outsourcing Bugabyte Lite will reduce the burden of Metrovoxââ¬â¢s resources on the assembly process as it is not viewed as an aspect that contributes to the productââ¬â¢s competitive advantage. This helps Metrovox to deliver Metrovox products, both Bugabyte and Bugabyte Lite, on time and to reduce the late delivery rate. Nevertheless, outsourcing the Bugabyte Lite may mean loss of company control on the production and the testing procedures. This may lead to unsatisfied Bugabyte Lite product quality and delay product delivery as well. However, as mentioned above, Metrovox can establish production standards, testing guidelines, and performance indices to communicate Metrovoxââ¬â¢s high expectations to its suppliers and to monitor the Bugabyte Lite product quality. Also, before outsourcing the Bugabyte Lite, Metrovox must check out each supplierââ¬â¢s assembly and testing capabilities, quality level and associated risks. At the same time, Metrovox must gather enough information to ensure that those suppliers can deliver the Bugabyte Lite devices on time, as it is one of the main reason that Metrovox would want to reduce its own late delivery rate. In the event that Metrovox can outsource the assembly of the circuit boards to an existing supplier, discuss the key contract issues Metrovox will need to consider with their supplier. Some of the key contract issues are of the following: (1) the quality and volume of the goods being purchased, clearly calculated price of the goods and the currency being used, and the discounts availability as volumes increase; (2) the payment terms, including the payment method and documentation, the payment due, the time frame payment that must be made,à and the discounts availability for accelerated payments. The delivery terms, including the delivery method and destination, the delivery dates or expected arrival dates, the expectation for the condition of the good, the transfer of ownership and risk of loss and damage as determined by Incoterms, the type of logistics costs related to imports and transportation are covered in the price, and the responsibilities of paying for the packing, cargo insurance and customs duties; (4) the fulfillment of the standard import and export documentation and regulations when shipping the goods internationally; and (5) the remedies, force majeure, hardship, termination clause and penalty clause if circumstances go beyond one partââ¬â¢s control and make it unreasonably difficult to fulfill. 4. What inventory management strategy should Grunwald and Vogel recommend Metrovox adopt to ensure efficiencies throughout their entire supply chain? Inventory management is crucial to the Metrovoxââ¬â¢s success to meet its customer demand. However, currently Metrovox cannot reasonably predict future demand and the annual demand for the Bugabyte in the first year of release is 300 percent over forecasted demands. Also currently Metrovox is experiencing 30 percent late delivery rate. The key solution I personally think is to help Metrovox to enhance its inventory management efficiency and to maintain optimum inventory levels so to manage and handle customer demand fluctuations. To enhance Metrovoxââ¬â¢s inventory management efficiency, applying the latest inventory tracking technology like barcodes and RFID tagging will help Metrovox to note down inventory items on a regular basis and movement of items out of inventory in its warehouses. To help to maintain Metrovoxââ¬â¢s optimum inventory levels, establishing Vendor Managed Inventory (VMI) system with Metrovoxââ¬â¢s key suppliers in which the inventory is monitored, managed, and planned by the suppliers on behalf of Metrovox will help those suppliers better response to the Metrovoxââ¬â¢s immediate inventory needs because those suppliers will be able to schedule deliveries more efficiently. At the same time, the quick response strategy can be used by Metrovox to maintain (or to reduce) optimum inventory levels. Based on the strategy, Metrovox will collaborate with its key retailers to access to the point of sales data generated at checkouts. Then Metrovox is able to manage inventory more properly and reduce the lead times because Metrovox can develop more accurate customer demand forecasts.
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