Monday, January 27, 2020

Ikeas Entry Strategy In Russia Marketing Essay

Ikeas Entry Strategy In Russia Marketing Essay Globalisation is the growing trend towards worldwide markets in products,capital and labour,unrestricted by barriers.Globalisation is not a new process but it has accerelated in recent years with the rapid growth of multnational companies and expansion of free international trade with the key feature of Globalisation that have an impact on business strategy are; Increased international trade as barriers to trade are reduced. Growth of multanational businesses in all countries as there is greater freedom for capital to be invested from one country to another. Freer movement of workers between countries. Direct investment is when a business entering a foreign based assembly or manufacturing facilities.Globalisation is having a great impact on the marketing strategies adopted by businesses that trade internationally. One features of globolisation is that national and regional difference in tastes,culture,fashion and wants are becoming less obvious. According to some analysists (e.g Levitt) The world is becoming more standardised in the goods and services that it is demanding. If this is true, then the opportunies for companies to use technology to gain massive economies of scale by selling the same product across the globe are huge. Other writers ( e.g Donglas and Wind ) suggest that substantial differences still exist in consumer needs in different countries` markets.Standardisation is only one option for entering these markets and this will sometimes fail.The alternative is for businesses to adapt a global marketing mix to local needs and conditions this is called localisation. Product adaption involves changing the product to meet local conditions or wants. For example, finish cell phone maker Nokia customises its cell phones for every major market. Developers build in rudimentary voice recognization for Asia where key boards are a problem and raise the ring volume, so phones can be heard on crowded Asian streets. Nokia is also making a major push to create full featured but rugged and low cost phones that meet the needs of affluent consumers in large developing countries such as India,China etc. Product standardisation: The term `standardisation` indicates the presence ot certain desirable qualities like utility durability, safety and desirable features like design, weight, colour in a product. Standardisation refers to the process of setting standards for a commodity on the basis of its desire qualities. Standardized global marketing refers to an international marketing strategy for using basically tha same marketing strategy and mix in all the company`s international markets. IKEA is the Swedish home furnishing company having more than 200 stores in 32 countries selling a range of some 10,000 articles and having more than 84,000 employees within IKEA group. IKEA as a multinational company entering Russia with strategy based on adaptation and on standardisation. A strategy based on adaptation to meet local condition or wants in foreign market(Russia). This strategy is adopted to the larger extent as it is supported by the following evidences from case study. IKEA has an impression that few companies in Russia focused on solving the needs of the many people by offering attractive products at reasonable prices. It enters the market knowing exactly that there is a gap market demand left therefore decided to think global but act local. Entry strategy was based on the view that there is a need to live and learn about the new market before setting the strategies. Within IKEA, setting up a new bussiness was described as very little theory and very much practice. IKEA`s entry strategy based on taking stock of the existing situation. The mostly used technique is called SWOT analysis ,i.e strengths,weaknesses,opportunities and threats. IKEA identifies the key needs and wants of Russian, for example low level of education and lack of experienced management staff and takes the task to train and prepare the local people who will be ready to lead further expansion process. As a manager has commented about his management group My main task is really to make this group more Russian and export people for the upcoming expansion IKEA practesed home visits to customers inorder to talk to people see how they live and used their homes and to identify potential needs and wants not fully realised by customers themselves. Understanding local family conditions and furnishing traditions them provided as a basis for an effective introduction and marketing of the IKEA concept. A store manager pointed out that the main priority in Russia is the normal living costs and then comes the car and TV and afterwards may be a trip abroad. One example of how IKEA has considered the local preferences is in developing the room settings to refect local conditions in terms of apartment sizes and local traditionals of furnishing. It should also be possible to mix Mix and match the range with the Russian home. IKEA`s entry strategy for Russian based on standardization, the market concept holds that marketing program will be more effective if tailered to the unique needs of each targeted customer group. Consumers in different countries still have widely varied culture backgrounds.They differ significantly in their needs wants spending powers, product preferences and shopping patterns, because these differences are hard to change, IKEA adapt their products prices, channels and promotions to fit consumers desires in Russia. IKEA decided to apply adapted Global marketing strategy for adjusting the marketing strategy and mix elements to each international target market bearing more costs but hoping for a larger market share and return. Standardised marketing strategy for using basically the same marketing strategy and mix all the company internationally markets. IKEA`s basic strategy neither to adjust the style of the products of the local,needs nor follow the competitors`s product development was central preserving the IKEA concept and image the range is supposed to be ,IKEA unique and typical IKEA All range of product are divided into four major categories or styles, scandinavian country, modern and young Swede,which are clearly distingushed in all businesses areas across the store. One of the reasons why IKEA was successful with its standard product ranges in Russia was the fact that several of these IKEA ranges emphasise the morden style,which is very different from the traditional Russian style but is attractive and new for the Russian customers since it symbolises change. However, IKEA`s entry strategy on adaptation and standardisation was limited ,that the store played an additional role by becoming the training site for new employees. Since IKEA was totally new to many Russian customers to bring people as much as possible in the store in order to learn about IKEA becomes an additional task. IKEA is trying to strike the balance between adaptation and standardisation in the Russian market. IKEA introduces more or less the same product range in all new countries irrispective of what is considered popular by local customers. In Russia IKEA`s Scandinavian furniture design in some contract to the historically preferred dark wood, massive, lacquered, expensive furniture. In order to support this strategy IKEA most often identifies the potential needs that are similar across markets. 3. IKEA`S MARKET BEHAVIOR IN RUSSIA Selling in foregn market was once too risky and expensive for most firms, so only large businesses growing too large for their national markets are used to commit to this form of marketing. Improved communication, better transport links and free International trade. For many firms International marketing is now an opportunity to profitably exapand their sale indeed, for some firms it is no longer an option to remain based in just one country. Consumer make many buying decision everyday and the buying decision is the focal point of their market`s effort. Most large companies reseach consumers buying desicions in great details to answer questions about what consumers buy, where they buy, how and how much they buy, when they buy and why they buy. Market behavior depends on the factors that affect consumers behaviour. Culture is the set of basic values, perceptions, wants and behaviors learned by member of society from family and other important institutions. Failure to adjust to these differences can result in effective marketing or embarrasing mistakes. Company are always trying to sport culture shifts in order to discover new products that might be wanted. Cultural factors exert a broad and deep influence on consumer bahaviour. The marketer needs to understand the role played by the buyyer`s culture, sub culture and social class. IKEA company in Russia enters by recreating its company culture from scratch. In Moscow that included the replication of the store design and layout in accordance with the latest version in the existing store and extensive cultural education that was carried out by the team of experienced IKEA people. Another IKEA approach was to create needs that could be satsfied within the range and to inspire customers with numerous new solutions based on existing range. The theme Living with small spaces was one such solution used in Russia. Consumers` behavior also is influenced by social factors, such as consumer`s small groups, family and social roles and status. Marketers try to identify the reference groups of their target markets. Reference group expose a person to new behaviors and life styles, influence a persons attitudes and self concept and create pressures to confirm that may affect the person`s product and brand choices. The importance of group influence varies across products and brands. It tends to be strongest when the product is visible to other whom the buyer respects. Personal factor also influnce market behavior of the market. A buyer`s decision also are influenced by personal characteristics such as buyer`s age and life cycle stage, occupation ,economic situation, life style, personality and self concept. People change goods and services they buy over their lifetimes, taste in food, clothes, furniture and recreation are often age related. Buying is also shaped by the stage of the family life cycle the stages through which family might pass as they mature over time. Marketer also define their target and develope oppropiate products and marketing plans for each stage. IKEA`s market behavior in Russia has been different due to the fact that Russia ia an emerging market that has advanced. Since IKEA was totally new many Russian customers to bring people as much as possible in the store in order to learn about IKEA and get a positive attitude was a main goal from the very begining. IKEA put a strong emphasis on making the Russian customers feel welcome and important in the store which was very unusual for Russian stores at the time. The way the range was presented and the opportunity to touch and test everything in the store also made the products much more desirable to the Moscow customers. This was new and unusual retail approach. Another respect that IKEA company used, it considered the local preferences in developing the room setting to reflect local conditions in terms of apartment sizes and local traditions of furnishing. Also building an image of low price brand that guaranteed attractive and morden products of good quality. IKEA was completely to the journalists and introduced them to the IKEA way and values by organising press trips to Almhult in Sweden to learn how the range is created. The result was that the press coverage of IKEA in Russia become much more positive. IKEA operations in Russia was the fact that IKEA was the only company that stayed in Russia after the currency devaluation and subsoquent collapse in August 1998 when almost all the foreign companies left the country,that created an immediate effect of trust an willingness to cooperate with IKEA on the part of the major Russian politicians By concluding the IKEA marketing behaviour in Russia has been different in reapects of Russian culture, social factors, personal factors, economic situation and psychological factors. 4. IKEA`S VISION ,ITS MARKETING STRATEGY AND INFLUENCE IN RUSSIA Business vision is the statement of what the organisation would like to achieve or accomplish in the long term. Basically a vision statement is what the organisation wants to become (future) e.g Nokia-our vision is a world where every one is connected ,Minnesota Health Department(USA) the vision is to keep all residents healthy, McDonald`s Reustarants-Mc Donalds has a vision where the world buys more McDolnalds than any other fast food. A brand is the name sign ,symbol design or combination of all used to distinguish the product of one firm from others. A brand is the means by which the firm identifies itself with customers e.g ITC for Indian Tobacco Company, family names such as Tata steel, IBM Computers etc. Positive brand equity derives from customer feelings about and connections with a brand. Consumers sometimes bond very closely with specific brands.For example one Michigan couple had such a passion for Black Decker`s Dewalt power tool brand that they designed their entire wedding around it. Building a strong brands posses challenging decisions to the marketer. Major brand strategy desicions involve brand positioning, brand name selection, brand sponsorship and brand development. Managing brands companies manage their brand careful. First the brand positioning must be continously communicated to tha consumers. Major brand marketers spend huge amounts on advertising to create brand awareness and to build preference and loyalty. Such advertising compagns can help to create name recognition, brand knowledge and may be even some brand preference. However the fact is that brands are not maintaned by advertising but by the brand experience. To day consumers come to know a brand through a wide range of contacts and touch points.These include advertising but also personal experience with the brand, word of mouth, company web, pages and many others. IKEA can be regarded as a global brand because IKEA is a leading home furnishing company with more than 200 stores in 32 countries, sellimg a range of some 10,000 articles and having more than 84,000 employees within the IKEA group. IKEA marketing strategy in Russia influenced/contribute to the company`s brand vision by focusing on solving the needs of the many people by offering attractive products at reasonable price. IKEA enters Russia by recreating its company culture from scratch. In Moscow that included the replication of the store design and layout in accordance with the latest version of the existing store and an extensive culture education that was carried out by the team of experinced IKEA people. Marketing communications become an important means to create tha right image of IKEA .The ways to communicate the image through the out door products, image ads in the glossy magazines, TV, buzz network or word of mouth. Internal organisation processes also supported the positioning strategy. Common activities carried on a regular basis were informal and formal discussions at the store level where co-workers from once or several store depertments take part.The discussions covered different costomer issues the best ways to present the range to the customers. Market data and experience were also transfered and shared within and between different depertments and units at the company. By conluding the marketing strategy in Russia contribute to the company`s brand vision by focusing on solving the needs of the many people by offering eye-catching-product,communications,Internal organisations and positioning strategy 6. IKEASS OPPORTUNITIES TO ACHIEVE LONG TERM SUCCESS, MAIN CHALLENGES AND MEASURES IN RUSSIAN MARKET Identifying successfull business opportunities is one of the most important stages in being an effective company. Many compnaies say they want to work for themselves butthey do not make the leap to success because they have not been able to identify a market need that will offer sufficient demand for their product to allow thebusiness to become profitable. International business operate more than one country, these are often called multinational companies. Multi national companies are business organistaions that have their headquaters in one country, but with operating branches in other countries. IKEASS opportunities to achieve long term success in the Russian market was that the IKEAS owner saw Russia as a long term investment also enables the management to supply a long term view that may become a competitive advantages in the yearto come. IKEA was successfull with its standard product range which was the fact that several of these IKEA ranges emphasizes the modern style which is very different from traditional Russian style but is attractive and new for the Russian customers since its symbolise changes. Marketing communication became an importnat means to create the right image of IKEA in Russia. Government authorities and officials of different ranks were also critical stakeholders group. Their goodwill and support was crucial for IKEA expansion in Russia. However IKEA has faced some challeneges in Russia such as: Lack of experienced local workers, Totally new to many Russian customers, High customs fees , neccessity to purchase more from the local producers, difficult in finding and developing suppliers in Russia, Low buying power of Russin customers. Russian customers low price wasvery strongly related to unattractive products of poor quality and one of the challenges has been to overcome this and explain how it is possible to offergood products at low prices. Measures taken by IKEA to overcome the challenge were: providing training programs to local workers, improving market communications, adapting the local Russian culture, common activities carried out on a regular basis were formal and informal disccussion at there levels were co-workers from one or several departments take part.

Sunday, January 19, 2020

Psychoanalytic Approach Essay

People diagnosed with panic disorder with agoraphobia may interpret a range of ambiguous events showing a bias for their own bodily sensations, interpreting them in a catastrophic life-threatening manner, making the anxiety heighten. Also it no longer takes into account the medical problems that may have occurred such as minor heart attacks. Another problem with diagnosis is the reliability and validity, it can depend on the clients culture, Britain may diagnose Sarah with panic disorder with agoraphobia but in America the diagnosis may be completely different, this can also refer to Sarah’s culture it does not specify Sarah’s culture or upbringing. It could be considered also that a client or even Sarah may act up to a diagnosis e. g.a client diagnosed with schizophrenia may not actually have the condition, but now after being diagnosed may live up to the diagnoses and display themselves as having a split mind. In the case of Sarah Behaviourist therapy might be used – Behaviour Modification is the process where by the therapist aims to modify Sarah’s behaviour and eliminate the current behavioural responses, which are dysfunctional. This process is based on operant conditioning and aims to build up appropriate behaviour. This process is implemented by a system of reinforcements, either negative or positive. Another technique used in Behaviour Modification is Token Economy; the required behaviour is rewarded with tokens, which can then be exchanged for something the person wants. This particular technique is used with people suffering from anorexia, when they eat a certain amount of food they may be allowed a certain magazine, or item of clothing. This therapy may assist Sarah in beginning to condition her feelings and behaviour to adapt her away from the agoraphobia with panic disorder. In the other respect this therapy may also not be ethical, as it would be required to place Sarah in a scenario in which she feels truly terrifying which could be considered cruel and torturous. The biomedical model of health would define that Sarah is not responsible for her illness and that her mind and body work independently from each other. In the case of Sarah who is suffering from agoraphobia and panic disorder, this indicates that there is a clear link between the mind and body due to Sarah becoming dizzy and panicked suffering with palpitations, when out in an open area. The biomedical model also suggests that treatment is to change the physical state of the body and that only the medical profession can treat the sufferer but in this case; this would be very problematic due to the mind causing the physical illness and the sufferer only being treated for the physical symptoms which would therefore result in a reoccurrence of the illness due to the psychological needs of the Sarah being overlooked, and also the medication that would be prescribed is quite addictive and Sarah may become dependent upon it. Bibliography Harris,E.L.,Noyes,R.,Crowe,R.R.,&Chandry,D.R.(1983)Family study of agoraphobia: Report of pilot study. Archives of General Psychiatry, 40, 1061-1064. Noyes,R., Crowe,R.R., Harris, E.L., Hamra,B.J., McChesney, C.M.,& Chandry, D.R. (1986). Relationships between panic disorder an agoraphobia: A family study. Archives of General Psychiatry, 43, 227-232

Saturday, January 11, 2020

Problems of Library Automation in Africa Essay

In 1981, IBM introduced its personal computer (PC) for use in the home, office and schools. Prior to that time, there had been several MS-DOS compatible personal computers that ran DOS programs. As computers became more widespread in the workplace (ie. an independent agent’s office), new  ways to unleash their potential developed. As smaller computers became more powerful, they could be linked together, or networked, to share memory space, software and information, and communicate with each other. So where does the insurance industry enter the â€Å"automation† picture? A word from our sponsor: What’s so difficult about combining personal and commercial umbrella coverage? Not much. Get a quote online now! Independent agents have come a long way in using technology over the past 20 years. From the early 1980s through the mid-1990s, independent agents for the most part used PC-based automation systems to boost efficiency and cut costs. Since 1970, ACORD, a not-for-profit standards-setting association for the insurance industry, has been involved in automation. The association is comprised of carriers, agents, vendors, solution providers, associations and other interested parties. â€Å"We aren’t the ones who ‘built’ the automation system,† said Carolyn â€Å"Cal† Durland, managing director of Standards for ACORD. â€Å"What we did and still do is provide standards-Forms and Electronic Data Interchange (EDI) upon which the vendors or solution providers base their automation systems.† She explained that to find out how the industry became automated, one must look to the vendors and solution providers. In 1972, the first ACORD form, a property loss notice, went into use. Today, ACORD’s standards include Forms, AL3 (Automation Level 3), XML, OLife and ObjX. The Forms are point of sale, data collection vehicles, AL3 is ACORD’s EDI standard (or machine-to-machine, business-to-business, data transmission formats or components), OLife is a data integration standard and ObjX is â€Å"much more than EDI.† In the 1980s-when the number of PCs in use increased dramatically-ACORD members asked for standardized electronic transmissions between the agents’  computers and the carriers’ computers. â€Å"The industry has come to ACORD to consolidate efforts to eliminate duplication of work,† Durland said. â€Å"For example, without one approved, countrywide ACORD application, all of the 2,400-plus insurance carriers would have to have their own form. And the vendors or solution providers who automate those forms would have to customize each form.† Now that ACORD and the industry are working hand-in-hand, there is one form accepted and used by many of those carriers. In addition, the vendors or solution providers have the option to become licensed by ACORD to redistribute the Forms. â€Å"ACORD provides them with tools†¦to print the ACORD Forms,† Durland said. â€Å"ACORD’s Forms efforts have stripped the costs out of this distribution channel.† According to Durland, in the same manner that the industry came together with ACORD to do Forms, they have also worked to develop EDI Standards. â€Å"Through our subcommittee process and strict compliance to anti-trust guidelines, we bring together carriers, agents, vendors, solution providers and other interested parties to discuss what is needed to transmit the data collected,† she said. Change is good The industry on the whole, according to Durland, is slow to make changes, â€Å"although there are some carriers that have the resources to be on the leading edge of technology.† The beginning was a bit archaic. â€Å"Carriers realized the benefits of automation and developed proprietary systems that they placed in the agents’ offices,† Durland said. â€Å"This resulted in the agents having to physically go from one terminal to another to interface with the carriers automating their process.† With the inception of the agency management vendors and ACORD’s standards implemented in those systems, the agents were conceptually able to eliminate  those proprietary terminals and work through one system. â€Å"This concept called SEMCI, Single Entry Multiple Company Interface, allowed the agents to keep the data in one place and transmit it electronically to any of the carriers it was licensed to represent,† Durland explained. One step forward, two steps back Ten years ago, when Durland joined ACORD, there were many agency management systems attempting to enable SEMCI. â€Å"Today, due to acquisitions and mergers, there are three primary vendors and a few smaller ones,† she said. â€Å"SEMCI is still the goal for the agents and the carriers. However, with the inception of Web enabled processes, the carriers-in an effort to streamline their costs-reverted back to proprietary applications. â€Å"Those leading edge carriers put up Web sites that required the agent to go to the site and enter the information. So instead of going to a separate terminal in their office, they now had to connect to a Web site and rekey the data that was already in their databases.† This resulted in the acceptance of the new standard XML. â€Å"XML is a standard that enables connectivity between Web applications and agency management systems, in addition to business-to-business, business-to-customer, etc.,† Durland said. The goal to secure SEMCI, according to Durland, can still happen with the implementation of XML. â€Å"Plus it broadens the trading partner base to be more than the agent to insurance carrier,† she said. A push for implementation In the 1990s, implementation guides were written and a certification process was developed. Today, there are more than 12,000 upload and 40,000 download implementations using AL3 standards. AL3 continues to evolve and there are new implementations every day, including using AL3 standards over the Internet. Ever since the dawn of the industry’s automation, forms standardization  continued and still continues to be an important focus for ACORD as the standards-setting association works with many different trading partners within the industry. Today there are roughly 400 ACORD forms. And although it’s important to note how many forms there are, what is even more important to note is the fact that these ACORD forms have eliminated or prevented 80,000 proprietary forms-saving the industry millions of dollars. Communicating on a global basis According to Durland, ACORD has staff dedicated to building relationships with other standards-setting organizations. The fact is, the industry handles business on a global basis, so it just makes sense that the goal is to be able to communicate on a global basis. As an example, Durland pointed out that carriers write coverage for properties owned by people all over the world. In turn, these carriers work with other carriers or reinsurers to share the exposure. When asked why it is so important for the industry to be automated, Durland said, â€Å"Automation strips costs out of workflows.† Simply put, to only have to go to one place for information and to be able to service customers quickly and efficiently is key. â€Å"For example, the agent and carrier agree to indemnify the customer if they have a loss which is covered under their policy. The customer pays a fee based on that promise. When the loss occurs, they want someone to handle it promptly†¦to be given information on the progression of the resolution and be paid or have the item replaced ASAP,† Durland said. Automation makes it possible. â€Å"With the technology and automation available to us today, the opportunities to share information are unlimited,† Durland said. â€Å"The industry realizes that and is working together to figure out how to communicate electronically  with each other.†

Friday, January 3, 2020

Diabetes Ketoacidosis ( Dka ) - 1189 Words

Diabetes ketoacidosis (DKA) primarily occurs in type 1 diabetes which is characterised by hyperglycaemia, polyuria, polydipsia, hyperventilation and dehydration (Mellitus, 2005). DKA is a metabolic disorder characterized by long-lasting hyperglycaemia with disturbances of carbohydrate, fat and protein metabolism resulting from deficiencies in insulin secretion, action or both (Wolfsdorf et al., 2007). In diabetes type 1, there is a absence of insulin that is needed for glucose to enter a cell to undergo glycolysis. With insulin no longer present, the process of beta oxidation of fatty acids from the adipose tissue starts and converts the fatty acids into the ketones acetoacetate and b-hydroxybutyrate (Tidy, 2016). However, ketones are†¦show more content†¦Since the body is unable to use the glucose which is present, the blood sugar levels increase. The kidney will start to filter the glucose into the urine to lower the blood sugar levels. Glucose however also pulls along water and solutes with it into the urine, this event is called osmotic diuresis (Wolfsdorf et al., 2007). Mrs DCK’s severity of dehydration must be well managed. Physical examination of her body can tell if she is dehydrated, such as sunken eyes, absent of tears, weak pulses and dry mucus membranes. This can be done with the use of intravenous fluids. As Mrs DCK has a history of high blood pressure and assuming her systolic blood pressure is above 90 mmHg, it is recommended to give 1000mL of NaCl 0.9% IV over the course of 60 minutes. For the continuous use of IV she should be given 1000mL NaCl 0.9% over the next 2 hours, then another 1000mL of NaCl 0.9% over the following 2 hours and finally 1000mL of NaCl 0.9% over the next 4 hours. Nrs DCK must be monitored carefully while giving her IV as she has decrease renal function (Endocrinology Expert Group, 2014). If she has hypernatremia at any stage, the fluid therapy may be switched to NaCl 0.45% solution. The concentration of ÃŽ ²-hydroxybutyrate within the blood, as it is confirmation of ketoacidosis. The correction of hyperglycaemia and the suppression of ketone production can be reduced with insulin therapy. The treatment ofShow MoreRelatedA Brief Note On Diabetic Ketoacidosis And Diabetes948 Words   |  4 PagesDiabetic Ketoacidosis, also known as DKA or Diabetic acidosis, is an acute, major, and potentially life-threatening complication in people with diabetes. It can also lead to diabetic coma or even death if a person passed out for a long time. It happens more commonly in people with type I diabetes, aka diabetes insipidus, but it can also occur in people with type II diabetes, aka diabetes mellitus. It is also more common in African, African-American, and Hispanic people. 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