Thursday, August 27, 2020

1984 and Today’s Society Essay -- English Literature

1984 and Today’s Society Despite the fact that 1984 was composed well before the year 1984 and it is currently 2005, there are numerous similitudes between the book and today’s society. Connections of all sort have less worth, the administration observes one’s each move (or if nothing else has the ability to), and huge gatherings of individuals are affected to accept assessments at school due to the government. The legislature has guidelines and records on everything what's more, everyone. George Orwell might not have been a long way from foreseeing reality when composing 1984 out of 1948. In the United States today, anyplace from something as innocuous as TV programs to the administration itself advances less holiness of a cherishing family much like 1984. In the book, youngsters went to class and were prepared to be spies and transform grown-ups into the idea police. Parsons (Winston’s friend and neighbor) was turned in by his own kids. He had perpetrated a â€Å"thought crimeâ€Å". This shows what little regard the kids in the book had for their folks, and the astounding impact was the guardians getting use to and tolerating it. Parsons had disclosed to Winston that he’s in reality sort of pleased with his kid. â€Å"Big Brother† disheartened feelings and anything with significance in families. Kids are raised today with family units dependent on money related backing, issues, and anything other than genuine love. Kids are instructed that separate is alright, and the estimation of relationships has significantly diminished. â€Å"Till demise do us part† may now truly mean â€Å"Till passing do us part or in the event that you can’t turn out to be any issues and do things my way†. In 1984, Winston â€Å"separated† with his significant other Katherine. By law he was unable to get hitched again except if Katherine passed on yet this was carefully to dishearten love and sexual relationshi... ...the schools negate data the youngsters is given from the guardians. The hypothesis of development for instance, has been educated as a hypothesis and not creation. Guardians may not invest a lot of energy showing their kids about creation and the youngster has just the school’s data to turn to. Sex training being another magnificent model, understudies in high school are instructed to have â€Å"safe sex† rather than no sex by any means. This may likewise negate guardians and their lessons. With connections made light of, the administration approaching one’s private life and their youngsters, George Orwell was exceptionally right about the fate of society and people the same. In spite of the fact that the book was fairly extreme when it went to the results, Orwell portrayed a universe of the government conditioning the individuals. Quite a bit of society doesn't understand what is happening or think it is a negative impact.

Saturday, August 22, 2020

Volkswagen Marketing Strategy free essay sample

Utilizing normal client studies and customization choices just as utilizing innovative work gatherings, Volkswagen AG coordinates its item with client needs. Volkswagen AG is upgrading its territorial nearness and geological spread with well known advancements in Brazil, China and now India, yet the accentuation is still on the European market (Marketing Strategy proposal ppt, Dr. J. Coleman 2006). Evaluating of their item is subject to the market value, the economy of the area the item is sold in, and the cost of the contenders. A special case is in India where the Volkswagen Toureg is evaluated higher than the opposition aside from with a lower loan fee, 4. 5% rather than the contenders 8%. (Global Business management:Volkswagen,ppt by Anil Lalvani). Rundown of Products All of the items at Volkswagen AG depend on quality, dependability and natural manageability. Volkswagen AG comprises of 9 brands of vehicles including Volkswagen, Audi, Seat, Skoda, Volkswagen Commercial Vehicles, Bently Bugatti, Lamborghini, and Skania. We will compose a custom exposition test on Volkswagen Marketing Strategy or then again any comparable theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Joining a wide assortment of brands and organizations with all their individual qualities and centers under one umbrella is an extraordinary test, particularly as the Volkswagen Group is focused on keeping up their individual characters. Be that as it may, this is the main way all the brands and organizations can make their own commitments to the basic worth stream and structure foundations of the Group. (Organization Website) see supplement for complete rundown of items. VolkswagenVolkswagen Commercial VehiclesLamborghini Target MarketThe Volkswagen brand was started for the objective market of Males and Females somewhere in the range of 18 and 39 who perceive the requirement for quality German building. Volkswagen Commercial Vehicles were brought into and focus available of guys somewhere in the range of 25 and 55 with requirement for mechanical vehicle vehicles, taxis. The Lamborghini was intended to target moderately aged men who want a smooth, costly model with refinement, force, solace and extravagance. Worth PackageFeatures: The Volkswagen brand offers quality German designing, moderate development, class driving fuel mileage and dependability in the entirety of their vehicles. Advantages: The advantages ascribed to the Volkswagen brand incorporate brilliant financing, including low loan fees, client trust and extraordinary client care. Highlights: The Volkswagen Commercial Vehicle brand offers quality multi-reason vehicles. Class driving eco-friendliness and a smooth, very much produced structure are likewise a few highlights. Advantages: The advantages of Volkswagen Commercial Vehicles, which can be utilized as RVs incorporate extraordinary financing alternatives, incredible client care and included estimation of family recollections. Highlights: The Lamborghini brand highlights vehicles with as much as 570 torque, joined with the exquisite, smooth plan and open to driving are what isolates this brand from all the others. Advantages: The Lamborghini brand fulfills the perfect of selectiveness and extravagance influence during the emotional meltdown of an affluent male. Limited time MixAdvertising: TV ads, radio magazines and online commercials are being utilized to advance the item and increment worldwide mindfulness. - Youtube recordings indicating the TV ad includes, Facebook pages and publicizing, and sponsorships of occasions, for example, The Blues advanced mindfulness in a gigantic way. Advancements: Some instances of past advancements. - Anyone who buys or rents a 2007 Volkswagen model will get a custom electric guitar. - Anybody who buys a 2003 Beetle can get a complimentary iPod. - Offer financing bargains. Podcasting: Volkswagen has created and distributed four diverse web recording arrangement as a methods for media advertising. Advertising: The PR board of trustees at Volkswagen offers extraordinary client assistance, ecological mindfulness and obligation and social duty. Publicizing: TV ads, radio magazines and online notices are being utilized to advance the item and increment worldwide mindfulness. - Youtube recordings demonstrating the new Volkswagen Commercial Vehicles are turning out to be increasingly more well known in Asia and North and South America. Advancements: Some instances of past advancements. - Anyone who buys or rents a 2007 Volkswagen model will get a custom electric guitar. Podcasting: Volkswagen Commercial Vehicles has distributed four diverse web recording arrangement as a methods for media showcasing. Advertising: The PR board of trustees at Volkswagen Commercial Vehicles offers extraordinary client care, social duty and ecological mindfulness and obligation, focusing on how VCV offers mechanical choices that lessen hurt against the earth. Promoting: TV plugs, magazines and online ads utilize passionate publicizing, focussing on the status of having a Lamborghini. - Youtube recordings go in more profundity of the smooth plan and motor force just as the superficial point of interest of the Lamborghini and replay the TV ads. Individual selling: A great deal of the selling of the Lamborghini is finished by close to home selling, in the outlets, or at vehicle appears. Advertising: The PR Committee at Lamborghini offers brilliant client care, social obligation and natural duty and maintainability. Evaluating Objectives-High quality item estimated at or around the market cost, contingent upon the Geographic’s and client cost. - Psychological valuing, for example, odd/in any event, estimating utilized in renting and other financing. - â€Å"Cash Back† is additionally getting famous in the auto segment. Worth Added Benefits, for example, the new multi year booked upkeep program. - High quality item that gloat eco-friendliness ready to be estimated marginally above contenders. - Value Added Benefit designs additionally accessible. - Prices set high dependent on customer desires, quality item, gracefully and request and status. - Maximum benefit additions and consumer loyalty mulled over. Dispersio n Intensive circulation. In some Geographical areas,Volkswagen is in a significant rivalry for economy class autos, in this way brand mindfulness and accessibility should be boundless. In different zones where customer inclination is as of now settled, Selective Distribution is utilized. - Selective appropriation. Volkswagen Commercial Vehicles are interesting in this new market and a predetermined number of outlets in a given territory are utilized. - Selective conveyance/elite circulation. Once more, not a mess of rivalry in this market. Buyers realize what they need, and are eager to visit outlets from different brands just as they search around, in this way rare, high performing outlets are the appropriate response. PositioningVolkswagon positions their item in wording, for example, â€Å"reliability, quality German designing, and natural supportability. They gloat top tier eco-friendliness also. The Volkswagon Commercial Vehicle brand likewise positions it’s item flaunting industry driving mileage, unwavering quality, uniqueness, and natural maintainability. Lamborghini positions it’s item flaunting smooth plan, fame, quality, force, extravagance and biological supportability. Jetta’s New Price Strategy Working, by Huw Evans. AutoGuide. com 2011, Annil Lavani powerpoint, see above. Volkswagen Company Site Lamborghini Company Site

Friday, August 21, 2020

How to Calculate Product Costs (+4 Examples)

How to Calculate Product Costs (+4 Examples) For every product in the market, there were some costs incurred to produce it. And for the continued availability of that product, the manufacturer must be realizing a profit.Realizing profits is not simply determined by high prices or the sale of many units. The cost of the goods sold plays a big role.You can sell all of your inventory but if your sales are not more than your production costs, you’ll make a loss.Product costs are the sum of all your direct material costs, direct labor costs and manufacturing overhead costs.Leaving out any of these, especially the manufacturing overhead, will not give you the true picture of your costs.Of the three costs to be summed up, manufacturing overhead costs are the easiest to ignore.This is because they don’t seem to directly impact the products being manufactured.However, their place in the costing equation is guaranteed by the very role they play.Let’s take a closer look at these three types of costs as pertains to manufacturing.Dire ct Material CostsDirect material costs are those you can trace directly into the finished goods.If for example you manufacture soft drinks, direct material costs may include the plastic bottles you pack the drinks in.These costs are easy to account for as they are visible.They can be tracked with relative ease all the way from their arrival at the factory to the very last stage of transporting to your customers.A simple inventory tracking exercise like counting the number of drinks leaving your warehouse can confirm the number of bottles used.When you know that you used a certain number of bottles, then the cost of one multiplied by the number of bottles gives you the total material costs for the bottles.Another characteristic of direct material costs is that they are almost always tangible.This means that you can physically interact with them.For example, with soft drink manufacturing, you may have a   number of direct materials used.They may include water, sugar, flavorings, color etc.All these are ingredients you physically interact with to make up the final product.Direct Labor CostsDirect labor costs are those which are not tangible but are nevertheless required for production.As the name suggests, these revolve around the work done to complete the manufacturing process.With regards to the workers, you will first of all be looking at costs such as wages or salaries for the hours they put in. Every hour worked determines the level of production.And that hour costs you. If your workers work in eight-hour shifts, then this is what you will be paying them for.If you have an arrangement of two shifts in a day, maybe a day and night shift, then your production is high.But this does not reduce your labor costs because both shifts will be a cost of production.Where you have only one shift with provisions for overtime, this will also have to be taken into account.Apart from the wages and salaries, you will also be incurring costs such as benefits and insurance.The se will be calculated per employee depending on their individual contract agreement.Direct labor costs are not difficult to trace because the people working in the production line are the ones counting as cost.These are the staff doing the packaging, mixing, labeling, tasting   etc.Manufacturing Overhead CostsManufacturing overhead costs are those which are not directly attributable to the production of your products.When working out your manufacturing overhead costs, you will need to pay close attention to everything that happens in your factory.Basically, your manufacturing overhead costs are the expenses incurred while facilitating the manufacturing process.Manufacturing is your business.But for it to happen, you need additional resources in order to achieve your goals.These costs are divided into three:1. Indirect material costs â€" in the course of your manufacturing, there are costs which you will incur yet they don’t go directly into the finished products. These are the mat erials you buy to facilitate the main work being done.An example of this may be the cleaning products used to ensure the premises are clean.2. Indirect labor costs â€" as far as your manufacturing labor costs are concerned, there are some indirect ones which you must include in your costing. These are the employees not directly involved in manufacturing but play a role in the overall smooth running of the factory.Examples of these are security guards and machine maintenance staff. Whereas the security guard does not do any manufacturing, securing the area of production is part of the cost you should consider for your end products.3. Other costs â€" there are other costs involved in your production which are not directly related to your products. These are those which affect your ability to manufacture. For example, you cannot run your manufacturing business in the open field. You will need a factory.As such, the factory lease is one of the costs which contributes to your end product ’s cost. Another cost is the taxes you pay on the property. These are costs associated with your business.Were you not running the business, you wouldn’t be incurring these costs.Your utilities will also count as other costs affecting your production.PRODUCT COST VS PRODUCT COST PER UNITWhile working on product costs, there is a related cost which is equally important for you to calculate.This is the product cost per unit.Whereas product cost is the sum of all the expenses surrounding the production of your goods, product cost per unit is the cost of producing a single product.For example, in producing 10 crates of soft drinks, your production costs could be $500. To find out the production cost per unit, you will divide this total cost by the number of individual drinks manufactured.If one crate has 24 bottles and you have 10 crates, then the total is 240 bottles. You will then arrive at the product cost per unit by dividing 500 by 240 to get 2.08.Therefore, every bottle produc ed cost $2.08.IMPORTANCE OF CALCULATING PRODUCT COSTSCalculating your product costs is a necessity if you are a manufacturer.You have to be aware of how much it cost you to get your products available for sale.This helps in many ways and some are discussed below.Accuracy of Expenses IncurredAny time you have a process running at the factory, there is a cost attached to it.You cannot get your raw materials to the end of the production line without incurring costs.Some costs are obvious and very direct while others are almost negligible.Despite this, when you take note of all of them separately, you are able to discern where you are spending most of your money.This will make it easier for you to know what area of production needs improvement so as to achieve maximum efficiency or lower costs.Pricing DecisionsSince you are producing goods for sale, you have to assign them a selling price.And because you are in business, you must make profit otherwise you will shut down operations.   Ho w do   you know the best price to sell your products at?There are several things to be done.You must research the market, determine your target customers, consider the payment terms etc.But all these things, as necessary as they are, cannot come close in importance to the need to know the actual cost of producing your product.Market research may tell you that your soft drink needs to cost $3 because that’s the average price in the market. But what if your cost of production per unit is $2?At this point, you have not yet calculated the cost of transporting the finished product to the market.Moreover, what if your product is a better alternative to whatever is in the market?Ideally, your market research should have come before setting up business. And you should have kept updating yourself on the trends in pricing.But as a business, you have a unique selling point. This is what you have most likely built your product around.This can often lead to a higher cost of production per unit . If producing one unit is higher compared to your competitors, then you cannot sell at the same price. Source: e-junkie.comKnowing how much it cost to produce your goods will enable you determine your profit margin.And with a specific profit margin, you can come up with a selling price.If your prices are significantly higher than the competition, you may need to work on some form of promotion.Or maybe do extra work on marketing.All in all, pricing needs a lot of work and constant monitoring of the market as well as your operations.Processing DecisionsKnowing the cost of production will also help you decide whether to sell a product after one stage of processing or after two other stages.Some industries are able to produce different products from the same raw material at different levels of processing.An example is the dairy industry.From the raw material of milk, a creamery can produce pasteurized milk, skimmed milk, non-fat milk, cheese, butter and even a protein supplement like casein.This wide array of options can be narrowed down to the most profitable by determining the productio n cost of each of these items.Apart from finding out what the market needs are, you can also perform a test production of each of these.With that production, you can determine which is the cheapest to produce and which is the most expensive.After this determination, you can then compare this report with your market research findings on what the market needs.The selling price of the products already in the market will also help you decide what to produce.You may also find out the cost the manufacturers of the other options incur. With that, you can supply them in case you produce it cheaper.For example, you may decide to produce skimmed milk and yogurt.As part of your business, you can decide to supply other manufacturers with cream for butter.Or even diversify by making cheese as your primary product and whey and casein as your secondary products.Whey and casein are by-products of the cheese-making process thus may not be a big burden if already dealing with milk.Either way, the pro duction costs of each will determine your decision.Project TrackingEvery manufactured product can be viewed as a project. If you produce skimmed milk, cheese and whey protein, you can say that you have three projects running in your factory.The success of every project depends on a number of factors. Key among them are the running costs and profitability.For you to determine or guarantee the profitability of a project, you will have to keep a keen eye on the expenses involved in the project.For example, three of your employees involved in ingredients mixing may fall sick.Having no-one to cover for them, you may either shut down or hire a temporary staff. The temporary staff will have to undergo urgent training.This is an unexpected expense.If you do not know how much your direct labor costs are in regards to these two sick employees, then you may not make the best decision in your hiring process.You may hire someone quickly and overlook the full cost of the hire.This can result in a batch of drinks whose production cost is too high to realize a profit.Being aware of the costs involved and the budget allocated for the active projects helps you make adjustments accordingly.It also helps you stay in control and quickly notice when things are not going according to plan. Project DevelopmentProject development is the process of developing new products which you intend to add to your portfolio.Similar to the research done before setting up a business or opening a new outlet, there will be some work to be done.Since you are a manufacturer, it is essential that you know the costs involved in manufacturing the new product.If you decide to make a new flavor of the soft drink you have been producing, then you will have to factor in the relevant costs.With knowledge of what it costs to produce the current flavor, determining the cost of a new flavor won’t be difficult.You may still need to run a test to find out whether there are changes to be made in the production pro cess for the sake of the new flavor.If you have not been working out your production costs, you can easily miscalculate the costs involved.This can happen when you make seemingly-small assumptions which only add up to a bigger cost later.EXAMPLES OF HOW TO CALCULATE PRODUCT COSTSCalculating product costs is key for every manufacturing business.Without it, not only will you miss out the benefits, but could also suffer loss from making poor decisions.To help you see how this can be implemented in an everyday manufacturing environment, consider the below examples.Example 1: Truck manufacturingKanta Trucks is a company which manufactures trucks called Kanta.In the course of their production, they have been able to keep their expenses to a minimum so as to maximize on profitability.To achieve this, they keep track of their production cost.Here is a breakdown of how they do it for their most profitable model, KT-AWD. This is an all-wheel-drive model of which 12 units are produced every mo nth.Direct Material Costs â€" $200,000Direct labor costs â€" $125,000Manufacturing overhead costs $35,000Total cost of production â€" 200,000 + 125,000 + 35,000 = $360,000Total cost of production per unit â€" 360,000 / 12 = $30,000Example 2: Beer manufacturingBamboo Distillers manufacture a spirit called Cane Spirit. It’s packed in a 450ml glass bottle and in a carton of 24 pcs. Bamboo Distillers operate a factory and run a separate office. They enjoy lower power bills since they recycle some waste material from the cane to generate electricity.At the same time, they built their factory on a piece of land they bought thus they have no rent payments to make. This gives them an edge over the competition as their product is cheaper.Here is a breakdown of their production costs. A single production contains a batch of 50 cartons.Direct Material Costs â€" $2,750Direct labor costs â€" $500Manufacturing overhead costs $350Total cost of production â€" 2,750 + 500 + 350 = $3,600Total cos t of production per unit â€" 3,600 / (24 x 50) = $3Example 3: Toy manufacturingRego Toys manufactures toys for children aged 3â€"6. Their main raw material is plastic though they also have some metal use for screws.Some of their toys include cars, planes, tanks and motorcycles. They have grown to operate in different countries and serve customers around the globe.The manufacturing costs differ per factory due to the different business environments in different countries.The production costs of 1,000 remote-controlled plastic army tanks manufactured at the main factory in China are shown here. Final packaging is done in boxes of 3.Direct Material Costs â€" $17,000Direct labor costs â€" $5,000Manufacturing overhead costs $3,000Total cost of production â€" 17,000 + 5,000 + 3,000 = $25,000Total cost of production per unit â€" 25,000 / 1,000 = $25Example 4: Clothes manufacturingHarem manufactures ladies’ clothes using fine cotton imported from India. Dresses are their highest-selling products followed by nightgowns.Every year, they manufacture 10,000 dresses which they sell across the country. Below are their production costs.Direct Material Costs â€" $7,000Direct labor costs â€" $3,000Manufacturing overhead costs $2,000Total cost of production â€" 7,000 + 3,000 + 2,000 = $12,000Total cost of production per unit â€" 12,000 / 1,000 = $12CONCLUSIONIt is important that you calculate your product cost so as to know how to price it.This will also help you know what to adjust for maximum profitability.