Driving change Assignment Example | Topics and Well Written Essays - 250 words

Driving change - Assignment Example Merchandise factors entails stocking the merchandise that appeals to retail shoppers and locating it in strategic areas for customer access. Effective merchandising has the potential of matching demand and supply, thus reducing unnecessary inventory, while ensuring that customers get the products they want when they need them (Krafft & Mantrala, 2010). Pricing is an important driver for change because it determines the revenue of a retail store, while influencing customers’ perceptions of quality. Wal-Mart has been on the forefront in implementing low-cost leadership strategy in its management and operations, with the goal of managing price for competitive advantage (Krafft & Mantrala, 2010). Supply chain management is another key driver for change in the retail industry because it has the potential of increasing customer value. Management of the supply chain system reduces inventory costs, while generating value for the retail customers, thus improving competitiveness of a st ore. Wal-Mart has been on the forefront in streamlining its supply chain thus enabling it to respond to customer demands in a timely manner. Finally, technology is another driver for change, where Wal-Mart has been on the forefront in implementing technologies such as radio frequency identification and CRM. The impact of these factors includes increased competition, shrinking market share and profit margins, and increased consolidation of retail stores (Krafft & Mantrala, 2010). To address these challenges, Wal-Mart has been selective in its growth strategies. However, there need for Wal-Mart to focus on retail innovation, creating centers for excellence and customer value and implementing cost control and management strategies. Wal-Mart may also focus on emerging markets such as China and India where consumers are prices

Moral Issues Regarding Animal Rights Essay Example | Topics and Well Written Essays - 1000 words - 10

Moral Issues Regarding Animal Rights - Essay Example The concept of the right would result in the fact that that the government acknowledges that some actions are forbidden in relation to animals. In addition to that, the definition of an animal should include any organism, no matter if it is wild or domesticated. Finally, the idea of harm argues that people should not torture or kill animals in case it is not justified by other aspects. For example, slaughtering a pig that was bred for it is acceptable as it a part of ham production, but torturing any animals should be recognized as an unacceptable action. There is one more peculiar point that should be noted in particular: different cultures have developed their own attitude towards animals. Thus, for Europeans killing a pig or a cow is a matter of food production. On the other hand, the Hindu believe that a cow is a sacred animal, while Jews and Arabs point out that pigs are filthy and their meat is forbidden to be eaten by their religion. That is why while working out the position towards rights of animals, the humanity should agree on some kind of a unified vision of it. Speaking of the arguments that are able to contribute to the validity of the statement that was mentioned above one is able to mention quite a few. First of all, it is often thought that developing a special attitude towards animals that includes recognition of their rights reflects the humanistic values that are being promoted by mankind. Secondly, in case people pay more attention to the living of animals, this will allow the former to contribute to finding harmony with the natural world. This is extremely important, keeping in mind the destructive impact that the activity of the people has had on the environment in the past few centuries. In other words, this will help people to reconcile with the environment and build a better and more productive relationship with it.