College admissions essay help
Thursday, September 3, 2020
Nestle Global Strategy Research Paper Example | Topics and Well Written Essays - 1000 words
Settle Global Strategy - Research Paper Example Even more starting late, the association has been one of the fundamental focal points of the overall advancement against the bundled water industry. The association's hardline work relations rehearses in helpless countries have made it a scoundrel according to the overall association development (Mattera, 2007). Nestl㠩ââ¬â¢s Strategy What is Transitional Strategy? It is the systems and intercessions used to work with people who are making a move from a transient program towards a viable occupation. Settle get the move strategy that holds the segment of overall regulation technique and imprisonment procedure to work its association by the 21st century. By using the transnational procedure, Nestle prefers the simplicity through economies of scale and offers particular thing to different promotes with high neighborhood responsiveness in order to shield its old features in the propelled markets and quest for expected improvement in rising markets. Settle use this strategy to activity its business in the improving scene in Asia, Eastern Europe, and Latin America to improve parts and getting ready building to neighborhood conditions and a while later using a brand name resounds chiefly as the social affinities differentiate in assorted nations. For instance, Brief Case Study: Nestle has taken as much as 85 percent of the market in Mexico, 70 percent of the market for soups in Chile, 66 percent of the market for powdered milk in the Philippines. Also, Nestle employed nearby artist to advance its merchandise in Nigeria, Planning of a conveyance instrument to build productivity in the China East, and the utilization of neighborhood material and majoring on neighborhood request, for example, make frozen yogurt in Dubai. Settle center around expanding productivity by redoing the firm' items with the goal that it gives a decent match to tastes and inclination in various country. Customization rather than globalization is the star to Nestleââ¬â¢s technique in developing markets. Methods of Entering Exporting What is Exporting? It is handling items in a single country and offering them in a substitute country. This area elective allows an association to make the base number of movements in regards to its thing, its affiliation, and even its corporate goals. Host countries regularly don't care for this training considering the way that it gives less close by work than under elective technique for area. Circuitous trading is where a firm offers its privately dealt with items in an outside country through a center individual. It has the base proportion of duty and risk yet will in all probability outfit a corresponding compensation advantage. It is ideal for an association that has no abroad contacts anyway needs to showcase abroad. Direct sending out is where a firm offers its privately prepared product in an outside country without go-betweens. Settle gets remembered for sure fire sending out when they acknowledge their volume of deals will be adequately broad and easy to gain with the objective that they don't require middle people (Inking, 2013). A model is, the organization will start sending out Coffee Mate to business sectors past Asia this year, including South Africa, Turkey and West African nations, for example, the Ivory Coast (Campbell, 2013). Permitting Under authorizing, Nestle offers the privilege to a trademark, patent, trade riddle, or other nearly regarded things of keen property
Saturday, August 22, 2020
Impact on management science Essay Example | Topics and Well Written Essays - 2750 words
Effect on the board science - Essay Example To respond to this inquiry it is important to look at the idea of HRM and its job in key hierarchical turn of events and arranging. While top administration should consistently acknowledge the requirement for advancement there is as yet the choice with respect to which openings it wishes to create comparable to its assets and those it decides not to seek after. A compelling business system relies on the fruitful administration of chances and coordination of HR so as to make an upper hand. Considering that HRM isn't an autonomous piece of business, it is conceivable to accept that HRM is a key action expected to react adequately to changes and business changes. The premise vital HRM is that each administrator is given an away from of the outcomes anticipated. The HR work is currently profoundly specific and maybe can be supposed to be at the focal point of contention among work and capital. They basically work on the 'limit' between the workforce and the association. Human asset the board is that piece of the procedure of the executives that is worried about the upkeep of human connections and guaranteeing the physical prosperity of representatives so they give the top level augmentation to effective working. It is clearly firmly identified with the administration procedure all in all and each utilitarian administrator and director applies the standards adequately. Departmental administrators, by viable authority, guarantee HR arrangement is clung to and division exercises are effectively completed. Michael Armstrong (2003) proposes the accompanying meaning of HRM: the idea of HRM could be viewed as a way of thinking administering how representatives ought to be treated in light of a legitimate concern for the association. Yet, this way of thinking can be applied from numerous points of view and there is no single model which can be utilized to portray HRM (p 23) An intelligent way to deal with the thought of this capacity is to look above all else at the issue of in general organization association and labor arranging, at that point the activities important to actualize the arrangement, that is, enlistment and determination, preparing and advancement, and compensation and pay organization. Different parts of human asset the executives incorporate modern relations and the law of business, government assistance and security, and other worker administrations. The significance is that the procedure of HRM is critical and keeps on progressing quickly and change gets basic. At the point when an association builds up a profoundly dedicated work power, combined with illuminated administration, its self-guided multifunction groups will have the option to assume the difficulties of things to come (Price, 2004). Driven Forces of Strategic Intent to Planning Social Change as a Driven Force of Strategic Intent in HRM Social change makes new HR strategies and preparing needs. For instance, as more individuals travel abroad and experience the elevated levels of client support in North America and the Far East they become all the more requesting in their desires for client assistance at home. As a further model, in the public arena ladies' entitlement to involve occupations at the most elevated levels in organizations and foundations. Both these models demonstrate the requirement for HR preparing, the first in client care aptitudes and the second in the board abilities for ladies. In this circumstance, preparing is a vital apparatus of the whole association figured it out
India is similar (or not similar) to the Bodley profile of Tribal Essay
India is comparable (or not like) the Bodley profile of Tribal Culture - Essay Example However certain attributes of all were normal. For instance, culture is constantly founded on images which individuals hold in high regard; a culture of an area is shared by the individuals living in that specific culture; a culture is found out, that is, it is instructed to everyone in the general public; and in conclusion, culture is versatile; as it were, as the world and times change, culture likewise advances. At the point when we talk about innate culture we should recall that it fluctuates incredibly all around. Certain societies in the Oceanic Islands, (for example, Fiji) would be primative, while inborn districts in India are firm veggie lovers. As indicated by Bodley however, certain highlights are a lot of the same; for instance, inborn societies are dominatingly agribusiness based, with the locals delivering their own food and not reliant on outside sources. By definition, a clan by and large comprises of a couple hundred individuals living respectively in settled towns. Their main method of picking up food is cultivating (green or pastorical) and chasing and their economy is basic and simple. Individuals depend more on deal, blessing trading, and work in return for products, instead of on money and credit. Thus relatively, their financial status isn't as confounded as those living in progressively industrialized societies. Not one or the other, indeed, is their method of living. Innate societies are normally not as mechanically reliant, depending for the most part on straightforward apparatuses for work. Their general public is regularly isolated into various genealogies and ââ¬Ëclansââ¬â¢ and a great many people can follow their plummet to basic progenitors. Each ancestry and family has a comparative status in the clan, with specific individuals (most likely because of more noteworthy wealth, or experience) are talented with the title of ââ¬Ëeldersââ¬â¢ or ââ¬Ëbig menââ¬â¢. They are normally turned upward to and have significant impact in most inborn choices. India is probably the biggest nation populace savvy, and its developing industrialization is an a good representative for its present and
Friday, August 21, 2020
Ifrs 10 Application to Hyundai and Kia Free Essays
string(24) the all out volume of 2. ââ¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬- ACCT333 Advanced Financial Accounting ââ¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬Ã¢â¬- Group Project Assignment (IFRS 10) Cheong Wang Shen Gordon Prepared for: Prof Bernardine Low Prepared by: Gordon Cheong Wang Shen Jason Tan Zhu En Twain Teo Wei Ren Wee Huixiang (G4) Table of Contents Question 1: IFRS 10 flowchart3 Question 25 (an) Identifying equivocalness of control5 Background5 Control issues5 Co-claiming of subsidiaries5 Inter-organization executive relations6 Same stage manufacturing6 b) (c) Application of IFRS 10 flowchart to decide presence of control by Hyundai7 Step 1: Determine the reason and structure of investee (Kia)7 Step 2: Determine significant activities7 Step 3: Determination of capacity to coordinate pertinent activities8 Step 4: Determine whenever presented to variable returns9 Step 5: Determine if Hyundai is a head or an agent10 Question 310 Identi fication of four prerequisites in IFRS 10 that are trying to decipher and apply10 Considering the reason and plan of the investee10 Determining the overall size of casting a ballot rights11 Considering related parties12 Determining if speculator is a head or agent12 References14 Question 1: IFRS 10 flowchart Question 2 (an) Identifying uncertainty of control Background The Hyundai Motor Company (from now on alluded to as Hyundai) is a worldwide automaker situated in Seoul, South Korea. Hyundai is one of the two most popular divisions of the worldwide aggregate Hyundai, the other being Hyundai Heavy Industries, the biggest shipbuilder all around. A well known Korean representative, Chung Ju-yung, established Hyundai in 1974. We will compose a custom article test on Ifrs 10 Application to Hyundai and Kia or on the other hand any comparable theme just for you Request Now Following the Asian Financial Crisis in 1997, Hyundai purchased over Kia Motors Corporation (in the future alluded to as Kia) in 1998, which brought about the arrangement of the Hyundai Kia Automotive Group (HKAG). It comprises of numerous associated organizations related through complex shareholding understandings, in spite of the fact that Hyundai is taken to be the true delegate in exchanges finished with HKAG. During the procurement of Kia in 1998, Hyundai out-bidded Ford engines to gain 51% of the companyââ¬â¢s shareholding. After a progression of divestments throughout the years, the complete responsibility for in Kia has been decreased to just 33. 5%. Hyundai and Kia are both recorded independently on the Korean Stock Exchange. In 2008, Hyundai was positioned the eighth biggest automaker on the planet. It was additionally the quickest developing automaker all inclusive for 2 continuous years (2010 and 2011). The director and CEO of Hyundai is Chung Mong-koo, one of the endu ring children of Chung Ju-yung. Control issues Hyundai presently has a 33. 75% direct shareholding in Kia, with the rest of the shareholdings being apparently broadly scattered. In that capacity, it clearly has critical impact over the tasks and running of Kiaââ¬â¢s business. In any case, setting up direct control among Hyundai and Kia isn't as clear. There are various issues that we need to take a gander at. Co-claiming of auxiliaries Hyundai and Kia co-own countless auxiliaries. As confirm by the 2010 solidified financials of Hyundai, the worldwide parts of the Kia Motors Group are 100% held by Hyundai through Kia themselves. The two organizations additionally have rate possession in Hyundaiââ¬â¢s different segment producing organizations like Hyundai HYSCO Company Limited and Hyundai Powertech Company Limited. Beside this, they likewise have possessions in Autoever Systems Corporation, where their principle Research and Development unit is found. Between organization executive relations The present Chairman and CEO of HMC is Chung Mong-koo. He took over Hyundai in 1992 when the Hyundai Group split into its different divisions. The Hyundai bunch itself follows a South Korean Business type of aggregate known as chaebol, where the extraordinary trademark is that it is normally a colossal family controlled corporate gathering. All things considered, it isn't unexpected to see that a significant number of the third era individuals from Chung Ju-yungââ¬â¢s family are going a considerable lot of the various divisions of the Hyundai Group. Chung Mong-kooââ¬â¢s just child, Chung Eui-sun was a key working official in different corporate arranging divisions in Hyundai-Kia before in the end heading Kia as its leader from 2005 to 2009. At present, he is the bad habit administrator of Hyundai and is on the interior governing body for Kia. Beside this, Chung Mong-koo likewise has a 5% shareholding in Kia. Same stage fabricating Both Hyundai and Kia co-own assembling auxiliaries that produce segment parts to the two organizations. Thus, their creation offices get the comparative segment parts from similar providers. The organizations likewise utilize a similar force trains (motors and transmissions) all fabricated to a great extent from the Hyundai Powertech Company Limited. A larger part of the vehicle electronic segments from the two brands additionally originate from Hyundai MOBIS Limited. Both these organizations are co-claimed auxiliaries of Hyundai and Kia. Both Hyundai and Kia additionally share structure studios. Truth be told, the VP of configuration situated in HMC really supervises the structure the board of the two brands. The family controlled heading of both Hyundai and Kia permits us to think about Hyundai having a controlling impact over Kia, particularly with Chung Eui-sunââ¬â¢s double situations on both companiesââ¬â¢ governing body. Moreover, given the way that the two organizations for all intents and purposes sprout from a similar gracefully chain, and command over their innovative work and structure of the vehicles are going by staff situated in Hyundai, we can see cap these income creating exercises significantly influence the business activities of the two organizations. Despite the fact that Kia is plainly not an auxiliary from the start, given the pitiful 33. 75% proprietorship by Hyundai, doubtlessly Hyundai might be applying something other than huge impact over Kia through the different elements referenced. (b) (c) Application of IFRS 10 flowchart to decide presence of control by Hyundai Step 1: Determine the reason and plan of investee (Kia) Hyundai bought shares in Kia for 1. 18 trillion won in November 1998. The motivation behind this securing in Kia is for Hyundai to increase huge a dependable balance and enlarge its piece of the pie in the vehicle business. By taking over Kia Motor, the Hyundai-Kia bunch had the option to fashion a strong position having over 70% of residential piece of the overall industry and become the seventh or eighth worldwide automaker by joining its affiliatesââ¬â¢ creation limit into the all out volume of 2. You read Ifrs 10 Application to Hyundai and Kia in classification Article models 9 million units in 1999. Stage 2: Determine important exercises Activities| Does it altogether influence investeesââ¬â¢ returns â⬠pertinent exercises? | Example of choices about pertinent activities| How choices about applicable exercises are made? Research and development| Yes| Reduce the quantity of stages to 718 before the finish of 2005, so as to spare the expenses of item advancement and assembling and produce an assortment of vehicle models having contrasting o utside styling and inside choices for the brands of Hyundai and Kia| Decisions are made by a joint RD Division driven by the Chief Technology Officer (for Hyundai and Kia combined)| Auto-assembly| Yes| Which sort of vehicle that each plant should deliver? Regardless of whether Hyundai and Kia should share power-train parts (I. e. motor and transmission) to be provided to get together plantsWhether Hyundai and Kia should share creation technology| Decisions are made by top administration of the Hyundai-Kia gathering, where the accepted agent is Hyundai| Auto parts supply| Yes| Which seller should flexibly vehicle parts to the organizations? What number of merchants would it be a good idea for them to lock in? | Decisions are made by Joint Material Handling Division that Hyundai and Kia set up| Marketing and competition| Yes| Whether to concentrate on cost or non value rivalry, for example, client assistance and item quality| Decisions are made by top administration of the Hyundai-Kia group| Stage 3: Determination of capacity to coordinate significant exercises Hyundai claims 33. 75% of the offers in Kia Motors. Also, Chung Eui-sun, the child of the Hyundai Motor Group Chairman, claims another 1. 73% of the offers. This apparently gives Hyundai control of 35. 48% of Kia Motors, which is fundamentally not exactly the half shareholding that would give Hyundai most of the democratic rights. Notwithstanding, we can't discover any proof that anybody has control of an enormous extent of the rest of the offers, and accordingly we feel that the suspicion that the remainder of the offers in Kia are exceptionally scattered is a sensible one. In the event that that is the situation, at that point it is practically incomprehensible that every one of these investors will all in all outvote Hyundai when a choice should be made, so Hyundai can be said to have control over the significant exercises. Another factor to consider is that Mr Chung is both the bad habit executive of Hyundai and an inner chief of Kia. As Mr Chung sits on Kiaââ¬â¢s board, he ought to have a specific measure of impact over Kiaââ¬â¢s dynamic procedure. This factor, combined with Hyundaiââ¬â¢s holding of casting a ballot rights, loan a lot of weight to the case that Hyundai can coordinate the pertinent exercises. To wrap things up, we notice from the table over that the Hyundai and Kia administrations together settle on most choices with respect to applicable exercises. Truth be told, Hyundai and Kia share nearly a similar gracefully chain. Numerous organizations in the gracefully chain are auxiliaries or partners co-claimed by these two guardians. Nonetheless, in light of the fact that Hyundai claims a bigger segment of offers, and subsequently casting a ballot rights, in most
The Leap Essays - Point Of View, Style, The Reader, Free Essays
The Leap Essays - Point Of View, Style, The Reader, Free Essays The Leap In the short stories ?The Leap? by Louise Erdrich, and ?The Mother Who Never Was? by Lisa K. Buchanan, both of the fundamental characters experience a powerful change. In one story the mother?s change is that she is lamenting parting with her little girl. In the second story the change would be the way the mother would spare her little girl. In the story ?The Mother Who Never Was? by Buchanan, Anna, the mother, gave her little girl, Kathleen, up for reception. Anna was around eighteen years old. In this story the peruser could regularly find in their brain, the torment that Anna is experiencing. We realize that Anna is in torment since she says, ?I ought to be glad to have given a childless couple the endowment of a little girl. In any case, I discover little in these respectable opinions. There is no determination to having surrendered my lone youngster. I figure I will grieve her eternity.? Another motivation behind why the peruser feels that Anna is experiencing torment is on the grounds that she discloses to us that she could always be unable to have another a youngster. Anna wants to accomplish planting work in the spring. The peruser feels that possibly she adores planting so much that it will take her psyche off putting her girl up for reception. The peruser imagines that nothing will ever take her brain off putti ng her little girl up for appropriation since, Anna will always be unable to consider a kid again. The change that the peruser feels that is experiencing Anna?s mind is that on the off chance that she realized that she would not have the option to bring forth another youngster that possibly she would not have put her little girl up for appropriation. The elements of this story is that on the off chance that she would have realized that she was unable to imagine another youngster she probably won't have put her little girl up for reception. In ?The Leap?, by Louise Erdrich, the fundamental characters is the storyteller and her mom. The storyteller in this story is the little girl and she is thinking back about how her mom spared her life. The storyteller, as a little youngster, was home when her folks were out and a fire began. At the point when the guardians got back home the mother saw her girl up in a window with no real way to get out. Since the mother was a trapeze craftsman she stripped down to nothing on except for her clothing, she at that point moved up a tree and swung branch to branch in ready to get to the window where her girl was. As a youngster the storyteller was exceptionally humiliated that her mom, on live TV, would strip down to her clothing and do a trapeze demonstration to spare her little girl. The peruser may see where the storyteller is coming from on the grounds that we would all be humiliated, somewhat, if our moms have ever done that. The peruser can see unmistakably that the mother is except ionally daring, solid willed, and thinks profoundly about her little girl. We can see that the mother is valiant on the grounds that she did a trapeze demonstration blindfolded and she additionally spared her little girl from a house fire. This isn't the first occasion when that the girl has been spared by her mom. The storyteller has been spared by her mom three unique occasions. The peruser may not perceive what the change is in this story; the main thing that the peruser may see is toward the end when the mother spares her little girl from the fire. After her mom came to the cold earth, she held her mom tight to nearly say much obliged. The storyteller from the start was extremely humiliated that her mom would do something like this in her clothing, yet toward the end was enchanted that her mom would do something like this fair to spare her. All in all, the peruser can see the elements in these two short stories. In both of these accounts the two of them have a mother girl relationship. The adjustments in these accounts made the peruser think. They consider how much their folks truly mean to them.
Tuesday, June 30, 2020
Factors affecting Customers Decision for taking out Bank loans in Ahmedabad - Free Essay Example
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âFactors affecting Customerà ¢Ã¢â ¬Ã¢â ¢s Decision for taking out Bank loans in Ahmedabadà ¢Ã¢â ¬Ã EXECUTIVE SUMMARY Purpose: The recent global financial crisis has highlighted the intense competition between banks for attracting customers; thus, research on selection criteria used by customers to choose a bank for doing business has been enriched with new methodologies, findings and recommendations for both banks and customers. This is ever more important when we take into account that banks and generally the financial system have lost their reputation and credibility, as a result of certain financial transactions which brought about the economic crisis. Hence, the banking industry appears as one of the most rapidly emerging sectors needing to identify the main factors that lead to maintenance of existing customers and ways to attract new ones. Methodology: This is carried out using quantitative survey of 150 respondents of the Ahmedabad city. Each respondent are personally contacted to fill up the questionnaire. Finding: Out of 150 respondents, 86.7% respondents have received a loan, and 13.3% respondents have not received a loan. This confirms that most of the respondents have received a loan but few of them have not actually received but they consider the important factors for receive a loan. Respondents are considering loan factor, competitive interest rates as one of the most important parameter. In t value is positive for parameter like, customer services professionalism and credibility of staff is good, potential customer complaints, variety of product- service provided by the bank, enough information about loan, time duration for loan, simpler procedure, total cost, ability to finance maximum to security (property), EMI Based capabilities, possibility of early repayment, no need of underwriting property, ability to provide insurance program to protect the payment of installments, competitive interest rates and privilege terms in comparison with other banks. So these parameter not only important but more than important for the customers. The association between respondents received a loan with demographic factor, man are 1.71 times more likely to take a loan than a women and in age group between 31-40 and 41-50, respondents are more likely to take a loan than other age group. Similarly, there is sufficient correlation exists between the variables to proceeds with the analysis for take a loan. For that twelve important factors have been extracted from twenty eight variables contributed about 62% variation in customers decision for taking out bank loan. Recommendation: Customers place more emphasis on factors like interest rates, installments and other factors like, total cost, simpler procedure. Therefore, such factors should be considered seriously by the banks in designing their marketing strategies by widening their branches and providing good customers services to customers. Since the age category between 41-50 has the most usage and more representation in the sample, banks should target its marketing mix toward this category. Bank should also focus on total cost, carried by customers to take out a loan due to higher competition in the market there are different scheme available for processing fees for the loan. Bank should require reduced interest rate on loans and high interest rate on savings and services offered. In this respect, Polish bank customers do not differ from customers of the banking industry in other countries. INDEX SR. NO PARTICULARS PAGE NO PART- I GENERAL INFORMATION 1 About the Industry 1.1 Introduction of Bank 1 1.2 Global Banking Sector 1 1.3 Indian Banking Sector 2 1.4 Growth in the industry 5 1.5 Banking structure in india 9 1.6 Types of Bank 10 1.7 Major Banks and products in Banking Sector 12 2 About the company 2.1 Introduction of Company 15 2.2 Market share and Management Pattern 20 2.3 Financial Highlights 21 3 Product Profile 23 PART-II INTRODUCTION OF THE STUDY 4 Introduction of the study 30 4.1 Literature review 32 4.2 Problem Statement and Importance of the Study 35 4.3 Objective of the Study 36 4.4 Background of the Study 37 4.5 List of Hypothesis 38 5 Research Methodology 5.1 Problem definition 39 5.2 Research design 39 5.3 Data Collection Method 41 5.4 Sampling design 41 5.5 Data Collection Instrument 42 5.6 List of Statistical Test used. 42 5.7 How to conduct statistical test 44 5.8 Limitations of the Study 46 6 Data Analysis and Interpretation 6.1 Descriptive Analysis 47 6.2 Inferential Analysis 51 7 Findings 71 8 Recommendation 74 9 Conclusion 76 10 Bibliography 77 11 Annexure 78-81 List of Table SR. NO PARTICULARS PAGE NO 1. Table: 1 Major banks in global banking sector 12 2. Table: 2 Major banks in public sector 13 3. Table: 3 Major banks in private sector 13 4. Table: 4 Shareholding pattern of axis bank 20 5. Table: 5 Management pattern of axis bank 20 6. Table: 6 Respondents receive a loan 47 7. Table: 7 Gender of respondents 47 8. Table: 8 Age group of respondents 48 9. Table: 9 Marital status 48 10 Table: 10 Education level 49 11. Table: 11 Employment status 49 12. Table: 12 Sector of employment 50 13. Table: 13 Annual income group 50 14. Table: 14 Personal property bend belonging to 51 15. Table: 15 Reliability test 51 16. Table: 16 One sample t test 53 17. Table: 17 Association of taking loan with demographic factor 58 18. Table: 18 KMO and Bartelttà ¢Ã¢â ¬Ã¢â ¢s test 60 Table: 18.1 Communalities 61 Table: 18.2 Total variance explained 62 Table: 18.3 Component Matrix [Unrotated] 64 Table: 18.4 Component Matrix [Rotated] 67 List of Figure SR. NO PARTICULARS PAGE NO 1. Figure: 1 Banking structure in India 9 2. Figure: 2 Types of Bank 10 3. Figure: 3 Banking products and services 14 4. Figure: 4 Products of Bank 23 5. Figure: 5 Customer Decision Process 30 6. Figure: 6 Influence on customer decision 31 7. Figure: 7 Scree Plot 63
Saturday, June 6, 2020
Horace Mann and College Admission
Horace Mann and College Admission October 12, 2013 How do you think college admissions counselors perceive Horace Mann? Yesterday, we wrote about the scandal at Horace Mann, a prestigious private school in New York City. To recap, a student at Horace Mann sent a disparaging letter about another student to a number of college admissions offices (presumably at the colleges the student has intentions of applying to). Of course, this is surely not the first time that a high school student has done such a thing. Theyre high school students, after all! Anyhow, Horace Mann has had quite the reaction to the vindictive letter. Theyve had a meeting with seniors and theyve sent a letter out to students and parents of students stating how this does not reflect the school and how this behavior cannot be tolerated. Unfortunately for Horace Mann, Business Insider, The Wall Street Journal, and New York Magazine among other news outlets have all published accounts of the scandal. This is not good press for the school. As stated in a letter from the Horace Mann college counseling office to seniors and parents of seniors, When a member of our community does something so egregious, it makes people question whats happening here. It feeds the perception that we are hypercompetitive to the point of being unhealthy. This isnt a good message for our students, our families, or for people who are on the outside looking in. Certainly, college admissions officers are included in this last group. It seems the college counseling office at Horace Mann is doing some PR damage controlbig time! Do you think that their intentions are good? Do you think that theyre too concerned with how others view them? Or do you think that they have good intentionsthat they genuinely think its disgusting that one of their students would do such a thing? Lastly, do you think they were surprised that one of their students would do such a thing? We dont! But were curious to hear your thoughts on the matter.
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