Critique Of The Limited Inc. Essays - Target Corporation

Critique Of The Limited Inc. Critique of The Limited INC. Overall, we think that our classmates, Melissa and Jay, did a good job in their paper. Here are just few comments and suggestion that we think our classmates have missed. History: The management of the Limited relies heavily on the shoulders of CEO Leslie Wexner. The analyst has criticized him that he is frequently creating new businesses that evidently fails. The underperforming stores are as follow: *sum* 1995 Limited Inc. own 84% of Intimate Brands, Inc. o Closure of 79 underperforming stores *sum* 1996 Closure of 135 underperforming stores. *sum* 1998 Abercrombie & Fitch became independent. Limited Inc. on longer have ownership *sum* 1999 Limited Inc. became independent through a tax-free spin-off. He has not been successful in being a good day-to-day manager. As recent as the mid-1990's he had 24 associates reporting directly to himself. His employees should not rely upon him and instead they should be able to make decisions by themselves without consulting with Mr. Wexner. This direct communication between Mr. Wexner and his employees probably hindered the business. Not empowering his employees to make decision-making can be detrimental to the company business because his employees' suggestions may have had significant contribution to the company and its ability to remain open. They need to implement a strategy where the employees are allowed to make suggestions and comments. Mission Statement Their mission statement is weak. It has been criticized to be a sexiest advertisement. Limited focused heavily in promoting women in their advertising. Limited needs to revise this mission statement so that the consumer will realize that Limited also caters for men. External Analysis Limited has encountered a few lawsuits. On September 14,1999, two complaints were filed against the company and its subsidiary, Lane Bryant. The complaint was related to labor practices allegedly employed on the island of Saipan. It was dismissed because the Department of Labor has commended their high labor standards; the DOL has placed the Limited Co. on the trendsetters list, which insures that their goods were not made in sweatshop conditions. DOL supported Limited Co. with this lawsuit because Limited Co. has a reputation to conduct business according to ethical standards. The employees of Limited Co. take pride in complying with their high policy related to labor standards. Limited Co. is known for its problem solving abilities; the company takes precautions when faced with any lawsuit. They meticulously research the lawsuit and make immediate changes to eliminate future lawsuits. Limited Co. is fast to respond to any accusation they encounter. Limited Co. has a very strong connection with DOL and DOL will continue to support their corporate image. Limited Co.'s employees are encouraged to comply with policies that maintain the integrity and honesty of the company. Limited Co.'s website encourages visitors to send in comments and complaints, so that they can correct unknown problems immediately Social Factors Their second strength is that Limited Co. is a highly active member of the community. They participate in hundreds of charity functions, such as the Columbia reads program. This program in conjunction with the government has sponsored 400 employees that visit kindergarten classes in the Ohio area for one-on-one tutoring on company pay. The 400 employees voluntarily participated in this program because they are committed and they take pleasure in helping improve the community. Industrial Analysis-Porter's Five Forces Model 1. Potential Entry of New Competitor (Medium) The barrier to enter the market is minimal and free to entry. This makes the potential of new entrants high. However, it is difficult to compete with Limited because it involves many factors, such as capital, patent, economies of scale, and market leader position, therefore, the potential to entry for new competitors is medium. 2. Bargain Power of Customers (Medium) There are many alternatives in the market; therefore the buyer's switching cost is low. Consumers do not have the power to bargain because Limited does not sell their merchandise at wholesale or at a discount. Limited provides qualitative features such as, better quality and they enhance their brand image. 3. Bargaining Power of Suppliers (Low) Limited offer fair compensation and benefits, consequently this will motivate their suppliers to comply with their laws and regulation. 4. Potential Development of Substitute Products (High) Ideally, Limited product can be easily substituted. There are many substitute products. Many consumers

3 Steps to Finding Your Dream Job

3 Steps to Finding Your Dream Job We talk a lot about combing job posts, grooming your resume, and sharpening your interview skills. These are definitely important techniques, but they may not be worth all the stress if you’re not also taking a look at yourself and your future to decide what you really want to be when you grow up. Here are some tips on how to find not just a job for you, but  the job for you.1. Know YourselfWhat do you actually want? What do you like doing? What is your largest priority in finding a workplace? Is it the day-to-day responsibilities that need to feel most meaningful? The flexibility it allows you to have in your home life? These priorities can change over time, of course, but it’s important to take a really honest look at yourself before you get started.Ask yourself these questions:What would you be doing if money wasn’t an option?What industries would allow you to involve that skill or field in your day to day work?Do you like working closely and collaboratively with others?Do you prefer autonomy and independence?How interested are you in management opportunities?Do you like the set of skills you’ve currently amassed or do you need to pursue new, more exciting areas of learning?2. Model SuccessYou know how geese migrate with the seasons, flying in those characteristic V patterns? They do that to share the burden of flying right in the face of the wind.  It is okay to be the second goose in the V. Really.The real-life translation of this avian metaphor is simply, find someone who’s doing what you want to do be doing. Learn from them. Ask about the challenges they’ve faced and the lessons they’ve learned as they overcame them. See if they’re actually as happy in their current situation as you imagine they are from the outside.I have a mentor who’s doing exactly the kind of work I thought I always wanted to be doing- but once I saw how much effort she put in and how little that work was valued by he r colleagues or her supervisors, I decided to change course, keep my eggs in multiple baskets, and make sure I had a fall-back plan in case all that effort started to feel like it wasn’t well spent on my chosen career path.3. Find 2-3 Companies that Amaze YouThis is what my mom did when she went back to work after staying home with my little brother. She’d had a few years of clerk and paralegal work when I was very young, then she’d taken that time away. When it was time to make her way back into the workforce, she started by researching local companies with openings that shared values with the government agency where she really wanted to land. Picking out immediate places to apply based on long-term priorities helped her get started in a large corporate office and bring her computer and legal knowledge up to speed, making her  a shoo-in when she finally saw an opening at her ideal job.Now she’s been there for nearly 20 years. The advice she always give s me, and I hate hearing, is to look for places where you want to work and get on their radar before they’re searching for applicants. As soon as that job posting goes up, you could have hundreds of other resumes to compete with; get in there for an informational interview or on a word-of-mouth referral, and you’re going to stand out.The Secret To Discovering Your Dream JobRead More at Careerealism

Copyright law and Internet downloading, social boundaries and the Essay

Copyright law and Internet downloading, social boundaries and the Internet - Essay Example Downloading information from the Internet and using them in research papers would be simple and easy. It makes a researcher’s work lighter. It even makes research job funnier and interesting. However, there are ethical boundaries in the process of reusing the information. Developing a paper requires proper recognition of sources and not merely copying the statements it contains and merge it with the new document. There are legal implications, as far as copyright laws are concerned, as to how much from the original work one can use and when you can use them freely without the consent of the authors. Review of Literature Copyright Laws Printed materials whether work of art, literatures, or results of research and other scientific activities are products of intellectual endeavors. Their impact in the society cannot be felt unless they are published and shared. The expression of original ideas is considered intellectual property, and is protected by copyright laws once they are translated into some forms in some way. There are motivations in sharing in fact copyright protection was â€Å"viewed as offering an incentive for the production of artistic, scientific, and other creative content, while permitting the public to access, use and innovate with such creative works.† The World Intellectual Property Organization pioneered the protection mechanisms currently in place. WIPO was first to recognize the importance of protecting intellectual properties by organizing the Paris Convention for the Protection of Industrial Property in 1883 and the Convention for the Protection of Literary and Artistic Works in 1886.