...Explore other low cost geography: India is the number one suppliers of IKEA’s rug business. Conclusion are made that some of the reasons why IKEA decided to procure from India are due to cheap labor and high quality. Before entering India, IKEA felt that strategically, India would put them at an advantage compared to its competitors. The question Barner faces in this case is weather it is strategic for IKEA to stay in India. Leaving India If IKEA were to leave India it would need to find a supplier that is comparable to the suppliers in India. The new location must be statically located, where IKEA could capture transportation value. Suppliers in this new geographic location must be able to produce at the level of production, quality, and reliability as the ones in India. There was no mentioned of the performances in India, but it would be safe to assume that rug making was a specialized handicraft that India encompassed. IKEA would need to find suppliers that has or would be able to meet that skill level. Leaving India would mean that IKEA in away is “giving up” on India. Large companies like IKEA, find India attractive to source from because of its cheap labor and skilled labor. If IKEA were to leave India that would demonstrate that they do not support India’s child labor laws. If IKEA were to do so, consumers would look at other companies currently sourcing from India to do the same. That would in turn affect the economy of India; cause the labor force to loose jobs and...
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...throughout the day, one of my co-teachers uses many guidance strategy tools in order to keep the day flowing smoothly. One day, we were all going to be getting ready to go outside and play, since it was sunny and warm. My co-teacher, who works with the preschoolers, begins to get her children ready to go outside first, since most of them are able to get dressed by themselves. One of the children begins to grab everyone’s boots and coats and throw them into the center of the rug. My co-teacher sees this, gets down at the child’s level, looks him in the eyes, and says, “Why don’t you grab your boots and coat instead? Your friends are able to find theirs when they have finished using the bathroom.” This child then said, “But I can’t find them!” So my co-teacher then said, “Well, have you checked in your bag? I think I see a sleeve sticking out.” The boy looked up at her, smiled, and went and found his boots and coat and proceeded to put them on. My co-teacher then proceeded to tell the children to sit down on the rug and wait for their names to be called to line up at the door to go outside. When one of the children tried to go before their name was called, my co-teacher explained to him, “I’m sorry, but I did not call your name yet. You need to wait until you hear your name before you may line up.” One thing I really notice, if the use of clear positive directions, especially when it comes to transitions – this one in particular, where you have many children trying to get themselves...
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...Report details: Title: JAWALAKHEL HANDIICRAFT CENTER Submission Date: 21st December, 2011 Submitted to: Mr Narayan Pradhan, NCM Submitted by: Group SNSS. Group members: Shruti Kunwar,(A11013), Neha Maharjan (A11014), Sujan Maharjan(A11015), Shreya Malla (A11016) Acknowledgement There are many co-operative helping hands in the course of completion of this report. And so we would like to express our heartfelt gratitude to all of them. We would like to give special thanks to Mr. Narayan Pradhan , professor, NCM for providing us with this opportunity to know about the real world practices in carpet industry. We also acknowledge the support and coordination provided by Jawalakhel Handicraft Centre. Moreover, we are very grateful to Mr. K.P. Maskey. We would also like to show our sincere gratitude to the management and faculty members of NCM, who have been very co-operative and helpful. We finally thank all the other who have helped us either directly or indirectly to accomplish our project. Executive Summary The project has encompassed the details on the handicraft industries of Nepal. The project actually has cited the knowledge on the carpet industries of Nepal. The project has explained the details under the following major headings: a) Introduction: The detail introduction on the carpet industry of Nepal. The industry’s major introduction is included here on...
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...IKEA’s Global Sourcing Challenge: Indian Rugs and Child Labor Nathan Johnson Case Analysis MGT 400 – 10/27/09 1) How should Marianne Barner respond to the invitation for IKEA to have a representative appear on the upcoming broadcast of the German Video Production? The offer to have a representative appear on the upcoming broadcast of the German Video Production seems like a total setup. This movie sounds like it is totally geared towards tearing down the corporation’s credibility, etc. If a representative goes, most likely there will be set questions created by the group that made this video in attempt to incriminate IKEA on camera. I would recommend that Marianne Barner thank the German Video Production company for the invitation but to politely decline and say something to the extent that IKEA is currently investigating the operations of its suppliers to ensure compliance with IKEA’s policies. Thereby, as kindly as possible you extend politeness and it is implied that IKEA is now aware of the child labor IKEA is actively seeking to resolve the issue. 2) What actions should she take regarding the IKEA supply contract with Rangan Exports? The most logical approach towards addressing this issue would be to perform some sort of investigation on ALL of IKEA’s suppliers to make sure that all of them are in compliance. If IKEA singles out Rangan Exports, they could risk some sort of discrimination suit. Additionally, if there are more suppliers in violation of their...
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...9-906-414 REV: NOVEMBER 14, 2006 CHRISTOPHER A. BARTLETT VINCENT DESSAIN ANDERS SJÖMAN IKEA’s Global Sourcing Challenge: Indian Rugs and Child Labor (A) In May 1995, Marianne Barner faced a tough decision. After just two years with IKEA, the world’s largest furniture retailer, and less than a year into her job as business area manager for carpets, she was faced with the decision of cutting off one of the company’s major suppliers of Indian rugs. While such a move would disrupt supply and affect sales, she found the reasons to do so quite compelling. A German TV station had just broadcast an investigative report naming the supplier as one that used child labor in the production of rugs made for IKEA. What frustrated Barner was that, like all other IKEA suppliers, this large, well-regarded company had recently signed an addendum to its supply contract explicitly forbidding the use of child labor on pain of termination. Even more difficult than this short-term decision was the long-term action Barner knew IKEA must take on this issue. On one hand, she was being urged to sign up to an industry-wide response to growing concerns about the use of child labor in the Indian carpet industry. A recently formed partnership of manufacturers, importers, retailers, and Indian nongovernmental organizations (NGOs) was proposing to issue and monitor the use of “Rugmark,” a label to be put on carpets certifying that they were made without child labor. Simultaneously, Barner...
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...Short Description Pick up a new rug for your house that best matches your room décor from a wide range of rugs at The Rug Seller. They stock rugs from all around the globe and these rugs are directly imported from major manufacturers and importers. The company offer over 20000 rugs in different colors, styles and sizes, and delivers for free in the UK. So, decorate your floorings today with excellent rugs using our voucher codes from The Rug Seller. About The Rug Seller The Rug Seller is a UK-based homeware retailer selling a variety of rugs including modern, wool rugs, plain rugs, hall runners, kids rugs, traditional rugs and more. These rugs add warmth, comfort and style to any room and could be used in numerous ways to accentuate the flooring. Bold designs brighten up the décor while patterned textures make the room classier. These top-quality rugs also protect the floorings from high traffics. Whatever the reason is, a new rug for a renovated house or up gradation of the old rug to something new and sophisticated, you will find everything at incredible prices. Watch the following video and have a look at the amazing Matrix Rug collection by Asiatic Carpets:...
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...Chandler Arthur Research- Judith Brotman 12 October 1, 2012 Mid-Term Reflection MIDTERM REFLECTION Since Research started, I think that I’m doing relatively well. Participation wise, I think that I could try a little harder when it comes to the critiques. I usually start out strong, and by the end of the day, I feel like people get a little tired of my opinions so I start to get a little quiet. But mainly, I feel like my participation in Research is pretty good. As far as the class goes, I think I’m doing well because I hand in everything on time, and my critiques are typically good. My strength in this class is definitely time management. I have small projects as the week goes on, but my Core and Research classes typically have the biggest assignments of all my classes. Therefore, I try and spend the most time on them. I usually sketch out what I plan to do over the weekend, and start the following Monday. Even if its just a basic sketch, I like to progressively do my projects so I’m not stuck with the entire project the night before. I think that because I’m also working with materials that are new to me, I need to learn how to use them better so when it comes down to the actual project, its not an experiment that I’m showing the class. I think the main things that I need to work on is critiquing and having more confidence in the things I do. I always feel weird critiquing and saying negative things about someone else’s piece, especially when I’m not particularly comfortable...
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...2X2 + 5Z + 2Z2 d. Y = X + Z e. Y = 8 X + 5X2 + 6Z + 4Z2 + 3XZ 3. (20 pts.) At the Peoria Company, the relationship between profit (() and output (Q) is as follows: ( = -40 + 20Q – 4Q2 a. At what value of Q does d(/dQ = 0? b. Is ( minimized or maximized at the value of Q? c. What is the second derivative of ( with respect to Q at this value of Q? 4. (25 pts.) Ilona Stafford manages a small firm that produces wool rugs and cotton rugs. Her total cost per day (in dollars) equals C = 5X12 + 6X22 – 1.25X1X2, where X1 equals the number of cotton rugs produced per day, and X2 equals the number of wool rugs produced per day. Because of commitments to retail stores that sell her rugs to consumers, she must produce ten rugs per day, but any mix of wool and cotton rugs is acceptable. a. If she wants to minimize her costs (without violating her commitment to the retail stores), how many cotton rugs and wool rugs should she produce per day? (Do not use the method of Lagrangian multipliers.) b. Now, use the method of Lagrangian multipliers...
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...BMGT 321 Chapter 6 Homework Click Link Below To Buy: http://hwaid.com/shop/bmgt-321-chapter-6-homework/ MASTER BUDGET AND RESPONSIBILITY ACCOUNTING Problem Solutions 6-16 (15 min.) Sales budget, service setting. In 2014, Rouse & Sons, a small environmental-testing firm, performed 12,200 radon tests for $290 each and 16,400 lead tests for $240 each. Because newer homes are being built with lead-free pipes, lead-testing volume is expected to decrease by 10% next year. However, awareness of radon-related health hazards is expected to result in a 6% increase in radon-test volume each year in the near future. Jim Rouse feels that if he lowers his price for lead testing to $230 per test, he will have to face only a 7% decline in lead-test sales in 2015. Required: 1. Prepare a 2015 sales budget for Rouse & Sons assuming that Rouse holds prices at 2014 levels. 2. Prepare a 2015 sales budget for Rouse & Sons assuming that Rouse lowers the price of a lead test to $230. Should Rouse lower the price of a lead test in 2015 if the company’s goal is to maximize sales revenue? 6-17 (5 min.) Sales and production budget. The McKnight Company expects sales in 2015 of 208,000 units of serving trays. McKnight’s beginning inventory for 2015 is 18,000 trays, and its target ending inventory is 27,000 trays. Compute the number of trays budgeted for production in 2015. 6-18 (5 min.) Direct materials purchases budget. Inglenook Co. produces wine. The company expects...
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...businesses spent near $17 billion for floorcoverings. ·The largest floor covering product is carpet and rugs followed by ceramic tile, vinyl, hardwood, stone, laminate and rubber floorings. ·Residential sales accounted about 11.33 billion sales (2/ 3 of the sales) in the flooring industry and commercial accounted 5.67 billion sales. ·The dollar sales of U.S. floorcoverings went down from $23,227 million in 2007 to $17,122 million in 2009 leaving a difference of $6,105 million. ·In 2007 the industry sales tumbled 29% at the current prices and 27% after adjusting for inflation. -The U.S. Carpet and Rug Industry ·The market share for carpet and rug industry went down from 68.1% in 1999 to 56.7% to 54.5% in two years between 2007 and 2009. ·The sales were down by $3,383 million. ·The U.S. carpet and rug manufacturer posted sales of $9.36 billion at manufactures prices in 2009. ·The low profit margin due to the cause of mergers, acquisitions and bankruptcies for Carpet and Rug manufacturers reduced down the number of companies from 300 in mid 1980s to 100 companies today. ·The carpet and rug industry only spent 0.9% of its sales or $84 million in 2009 on consumer advertising while other manufactures such as household furniture spent 2.7% and household appliances spent 1.7% of its sales on advertising. ·In 2009 five companies produced 75% or $6,993 million of the carpet and rug sales in U.S. The companies were: oShaw Industries...
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...specializing in textiles and tribal weavings, and antique rugs and carpets (Peter Pap Oriental Rugs Incorporated). He operates a business by the name Peter Pap Oriental Rugs Incorporated. Peter is in his own level dealing in the most valuable rugs in the United States. His customers are mostly well off individuals. At present, Peter Pap operates a highly profitable business but sales have from recently been declining consistently day by day. The reason behind this decline is the absence of financial, technological, and administrative skills aspects of his business (O’Reilly 1). He himself lacks all these skills. His business is a one-man show. That is, he spends 80 percent of his time doing things he should be delegating to others. Peter Pap is an expert in educating people on Oriental rugs, appraising, and buying but he spends most of his time performing technological and administrative tasks (O’Reilly 1). Analysis The major concern of the Peter Pap Oriental Rugs Incorporated is the declining sales. Pap would rather follow up a new client willing to purchase a $5000 rug than addressing an old customer interested in a $250,000 antique (O’Reilly 2). Pap’s business has many customers many of whom he has lost or failed to collect their e-mail addresses. Altogether, Peter Pap Oriental Rugs Incorporated lacks a working online marketing program (O’Reilly 2). Alternatives and Conclusions The popularity of Peter Pap Oriental Rugs Incorporated has been the past efforts of Pap. Nevertheless...
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...UNIVERSITY OF TECHNOLOGY, JAMAICA SCHOOL OF BUSINESS ADMINSTRATION ECO 1001: INTRODUCTION TO MICROECONOMICS TUTORIAL #1 1. Which of the following is the best definition of economics? a) The study of how individuals and societies choose to use the scarce resources that nature and previous generations have provided. b) The study of how consumers spend their income. c) The study of how business firms decide what inputs to hire and what outputs to produce. d) The study of how the Jamaican government allocates tax dollars. 2. Competitive behaviour a) occurs as a reaction to scarcity. b) occurs only in a market system. c) occurs only when the government allocates goods and services. d) always generates waste. 3. Which of the following can be classified as microeconomics or macroeconomics? Why? a) Research into why the growth rate of total production (in Barbados) increased during the1990s. b) A theory of how consumers decide what to buy. c) An analysis of IBM’s share of the personal computer market in Jamaica. d) Research on why interest rates were unusually high in the late 1970s and early 1980s. 4. Discuss whether each statement is an example of positive economics or normative economics or if it contains elements of both positive and normative economics: a) An increase in interest rates will lower the growth rate of the Jamaican economy. b) The 1990s was...
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...all the troubles had found me at the World Trade Center, of all places. My last brush with a dangerous adventure had come at on the New Year Eve of 2003, outside the restaurant Nabil in Karrada, an upscale restaurant in Iraq. I was watching the perimeter as a security contractor, when the restaurant bas car-bombed with high explosives, destroying two square blocks of buildings and killing or injuring everyone within the two blocks. I felt that I was running out of luck, and the next trip could as well be my last. I had decided not to tempt the fate anymore and never visited another hot spot ever since. Besides, who would want to get hit by a blast wave again? Several times I had visited Afghanistan. The battle scenes, woven into rugs, had fascinated me. At the first glance, they look like...
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...particularly when they are unrelated. Fortunately, two of the three are siblings. The following is the daily morning routine of cleaning the kennels and litter boxes in flow-chart form accompanied by further explanation to include details. 1. Open kennels and release the foster cats. There are three kennels with two doors per kennel. 2. Remove the litter boxes one by one and place them in the center of the room on the floor. There is one litter box per kennel. 3. Remove the kennel rugs. There is one rug per kennel. 4. Slide out the kennel trays, one per kennel. a. Tip the tray to remove scattered litter and wipe each tray into the trash can. 5. Replace the kennel trays. 6. Retrieve a small trash bag from a container and place on the floor by the boxes. 7. Scoop each litter box. This metric will be measured. 8. Dump the waste into the trash bag. b. Tie and dispose of the bag into the trash can. 9. Add litter to each box as required. 10. Replace the rugs and litter boxes into the appropriate kennel. 11. Proceed with feeding. Several factors affect the process design. The cats have been in the same area together for several weeks and are accustomed to each other with limitations. The first factor to consider is the attitude and size of each kitty. The oldest cat Chester, about a year and a half old, is also the largest is very rambunctious. The two siblings, Gandalf...
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...not outspoken, an eloquent person from the senior management who is familiar with IKEA’s child labor issue and company’s stand should go to the program. 2. Should IKEA continue to deal with Rangan Exports? • No. Rangan Exports apparently violated the contractual commitment it had made not to use child labor. Legally speaking, IKEA should terminate the contact right away. • In 1994 after the Pakistan child labor issue, IKEA already had a clause to all supply contracts, stating that if the supplier employed children under legal working age, the contract would be cancelled (a “black-and-white” clause). • By halting the contract with Rangan Exports, IKEA sends a clear message to other suppliers that principles must be adhered to. • Indian rugs accounted for a tiny part of IKEA’S turnover. Even if cutting off Rangan Exports would disrupt supply and affect sales, it won’t greatly affect IKEA’s revenue....
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