The Proper Accounting Treatment of Auto World Inc Essay

The Proper Accounting Treatment of Auto World Inc - Essay Example However, there is still a need to verify, through certain audit procedures and audit evidence if Pit Stop is really a component of an entity. This includes assessing if the cash flows subsequent to the disposal can be classified as direct or indirect cash flows in accordance with EITF No. 3 – 13 and if Auto World will still have a significant influence on Pit Stop’s operations after its disposal. The major accounting issue for Auto World is the proper accounting treatment, presentation and disclosure for Pit Stop’s operations in Auto World’s financial statements for the period ended June 30, 2007. All these will depend on whether or not Pit Stop is really a component of Auto World and whether it will qualify as discontinued operations. According to Paragraph 41 of SFAS No. 144, â€Å"a component of an entity comprises operations and cash flows that can be clearly distinguished, operationally and for financial reporting purposes, from the rest of the entity†. Another definition in paragraph 10 of SFAS No. 131, Disclosures about Segments of an Enterprise and Related Information, stated that an operating segment is one that has its own business activities where it derives and incurs revenues and expenses, respectively. One factor to determine whether it is an operating segment is that its operating results are consistently viewed and analyzed by top management for decisions related to resource allocation and to performance assessment. Lastly, a â€Å"component of an entity† (SFAS No. 144, par. 41) can also be a reporting unit, that is, â€Å"an operating segment or one level below an operating segment† (SFAS No. 142, par. 30). Using the above definitions, it seems that Pit Stop is a â€Å"component of an entity (SFAS No. 144, Par. 41). This is based on the facts that one, all 30 branches of Pit Stop will be disposed one time and two, Pit Stop is distinguishable from the  other operations of Auto World, both in terms of physical branches and in terms of revenues and expenses.  

Horizontal Map and Curriculum Chart Coursework Example | Topics and Well Written Essays - 1250 words

Horizontal Map and Curriculum Chart - Coursework Example Type in the resources used to obtain your mission statement here: http://school.stmcary.org/school%20philosophy.htm Part II: CHARACTER EDUCATION PLAN List 8 character principles that you feel should be taught throughout the curriculum. Response: 1. Communication 2. Commitment 3. Acculturation 4. Flexibility 5. Team work 6. Responsibility 7. Confidentiality 8. Interdependence Create a corresponding learning experience that could be used to teach and practice the identified 8 character principles. Response: 1. Communication: The idea behind any language use is to create understanding. The learners involved in English language use should comprehend each other so much so that there is no room left for doubts or misunderstandings. Any form of miscommunication is lethal to peaceful co-existence of a people. 2. Interdependence: There is a need to view the use of English language in the form of a clear relationship among the communication components. Communication is complete where there is effective listening, which leads to a better response while speaking. Reading also should affect the way a person applies their writing skill. These four elements are the necessary skills for any language use. 3. Acculturation: The use of English language should be such that it makes a people accept and respect the cultures of other peoples. Thus, language use should be integrated with the cultural activities and contexts of the people to create the appropriate meaning. 4. Flexibility: English language should enable learners to be flexible in terms of adjusting to different contexts and situation. Owing to the fact that language use in one context could be interpreted to mean differently in another context, there is then a need to accord each situation and context, a particular communication mode. 5. Teamwork: English language should encourage free interaction and cooperation in all activities that the learners undertake in all aspects of life. Learners should appreciate the importa nce of teamwork in achieving individual and organizational goals. Through effective communication and clear understanding, teamwork is enhanced. 6. Responsibility: English language use should instill the element of responsibility on the part of the learners. English curriculum should lay emphasis on accountability by encouraging the learners to avoid misuse of the language. 7. Confidentiality: The English curriculum should encourage learners to observe confidentiality in formal settings. The learners should observe discretion when making formal speech and formal writing. This is necessary when communicating information that has limited accessibility. 8. Commitment: The English curriculum should encourage obligation to ones duties. The learners should learn to accomplish various assignments and fulfill any of the promises they make. Commitment enables students to achieve their set objectives in the stipulated time. Part 3: Section A STANDARDS – Comparison and Contrast Standard s of English language 1. English language Arts (ELA) of the Georgia 2. English Standards of learning, (SOL) of Virginia state Comparison of the two sets of standards In both the English language Arts (ELA) of the Georgia state and the English Standards of learning, (SOL) of Virginia state, the students are exposed to similar content, and by the time they leave school, they are in a better position to

Analyzing Groundhog Day

Analyzing Groundhog Day Bill Murray plays Phil, an arrogant, self obsessed weather forecaster who goes to Punxsutawney, Pennsylvania, in preparation of a broadcast for the next day about the annual occurrence of the coming out of the groundhog Punxsutawney Phil. As he wakes up in the morning and does records his coverage of the event, he is annoyed to find out that he will have to spend another night in Punxsutawney because of an incoming snowstorm. This is where things start to go wrong for Phil as in his earlier forecast; ironically, he predicted that the following days are going to be sunny. When he wakes up the next morning in his room he is very surprised to see that it almost looks like a repetition of the previous day! Everything that happened to him a day earlier at the top of the stairs the same person trying to talk to him; the old high school friend, Ned, recognizing him on the street, the ceremony of the groundhog day everything starts to repeat. Phil spends the day in shock and thinking it is a bad dream but at the end of the day he is stuck in Punxsutawney because of the snowstorm again. When he wakes up the next morning, everything is the same as the previous days, and he again gets stuck in the town for the snowstorm. By this time Phil realizes that this is not just a bad dream, so he starts to look for ways to get out of the situation and remove him from this time loop. Soon Phil realizes that if he doesnt change anything, the events repeat themselves similarly to the first day. But if he only changes his behavior towards the townsfolk, they respond to his actions, which eventually help him reach his goal of winning the heart of Rita. With each repeating day, Phil is the only one who remembers what happened in previous iteration of the same day. At first Phil is awed by this surreal event. As the days keep repeating Phil begins to treat life as a game since nothing he does seem to matter, and the next day is a fresh start of the same scenario: no matter what he does, time resets and he wakes up as if nothing happened. But as the days pass endlessly repeating itself, Phil eventually finds a purpose: get to know as much as he can about Rita, so he can seduce her. When all his tries to win Ritas heart fails day after day, his despair deepens, and he loses his will to live and begins to spend his days killing himself. In desperation, he reveals his plight to Rita and hesitantly she spends the night with him. But again, Phil wakes up to the same music of Sonny and Cher. But, spending a night with Rita makes him realize that someone actually liked him for who he is, he comes to a revelation he begins to live the life he never lived before. Phil starts to take control of circumstances, aided by the fact that he has plenty of time and the safety of starting from scratch if he messes up. He begins to take piano lessons, he learns how to be an ice sculptor, and he becomes more generous. Phil, knowing how the events in the day will happen, begins to use this knowledge to start helping towns people. As he suffered through the repeating days to come to this point, Phil starts to transform and empathizes with other peoples suffering. He becomes a local hero in Punxsutawney. Finally, Rita falls in love with the new Phil, attracted by his generous personality and maturity. He falls asleep by the side of her and when he wakes up she is still there and the curse is broken. In her expert analytical article The Spiritual Power of Repetitive Form: Steps Toward Transcendence in Groundhog Day, Suzanne M. Daughton explains how a modern romantic comedy such as Groundhog Day has a deeper meaning than just entertainment for the viewers. She explains that the movie portrays the lead actor as a stereotypical male figure with ego boundary that, at the start of the film, keeps every other character away from him. When he is trapped in the time loop of repeating days it takes Phil nearly 34 days to break all the barriers and to finally embrace the situation to use it to his advantage. Daughton describes Phils character before transformation as: Phil Connors, miserable cynic: self-centered, abrasive, and deservedly friendless. When Phil progresses to different transformations in the movie Daughton lists these stages that Phil goes through as: cynicism, alarm, hedonism, depression and anger, denial and avoidance, resignation, acceptance and growth. The list describes all the emotions Phil goes though to reach his final stage where is becomes the ideal male and is able to win Ritas heart and break the curse. Groundhog Day shows that the turning point in Phils life is when he starts to build relations with the common people and start to communicate. According to Daughton, Groundhog Day has more to do with its protagonist coming to appreciate the stereotypically feminine focus on connection with others, than with reinscribing the stereotypically masculine individuation and domination glorified in films. Unlike other change-of-heart films, Connors does not renounce independent thought and retreat to little-boy status; instead he grows out of certain boyhood beliefs and practices. At the end of the film Phil starts his acceptance and growth phase where he breaks the traditional stereotypical masculinity and accepts feminism to break the loop. Favorite film and its communication relevance My favorite film is When Harry Met Sally.. It is a simple romantic comedy on the surface but digging deeper into the characters reveals a lot about how males and females communicate with each other within their gender and how this gender based communication is very different than that of their counterparts. Harry approaches Sally as if she was his male buddy and very soon he steps out of the boundary of their newly formed relationship by asking her questions such as has she ever had great sex. This is not an appropriate question for that stage of the relationship, and it makes Sally defensive and uncomfortable. Harry portrays himself as an accomplished, cocky person and Sally starts to reveal more about her personal life to prove to Harry that she also has led a successful life like Harry. In the movie both character experiences interpersonal communication. Our text Reflect and relate defines it as a dynamic form of communication between two or more people in which the messages excha nged significantly influence their thoughts, emotions, behaviors and relationships. An example of this is the scene when Harry and Sally happen to run into each other at the bookstore; they talk and communicate as matured person, unlike the first time they met. As their friendship deepens and they both deal with their breakups, they start to depend on each other for support and their friendship deepens. Eventually we see that they begin to fall for each other. This is interpersonal communication by definition as their communication is changing the way they feel about each other. At the party, seeing one another with other dates become a concern even though, they did not reveal to each other that they want to move to the next step. They both share things with the other that they wouldnt share with anyone else. These are all examples of interpersonal communication developed by the characters in the film where their actions are being influenced by their relationship. Film I didnt care for The film I didnt care for is Children of a Lesser God. The film revolves around the characters Sarah and James, and their relationship. Sarah is deaf and does not use her voice; James is a new teacher at the school who is not deaf and falls in love with Sarah. There are several communication issues presented throughout the film such as: the dialectical tension of autonomy between Sarah and James, social exchange theory which explains why people are drawn to those people that can offer them substantial benefits, social penetration theory, uncertainty reduction in a relationship etc. The film shows very well how to progress in a relationship when it is new and when it has matured. We see Sarah and James eventually realize that even though they want to be independent and live their own way, if they want to stay in a relationship the best way to move forward is to compromise and come to a middle ground that both can live with. The reason why I dont care for this film is because of the pl ot and background of the movie which is not a good fit for the majority of the people who has never experienced being a deaf or mute. While the film opens our eyes to the deaf culture and brings many communication issues to light, it is hard to relate to in comparison with our regular life. To me it feels like the film has almost a documentary like feeling to it than a movie. On the other hand I can relate to characters like Harry from When Harry Met Sally, or Phil Connors from Groundhog Day because we have seen people like them in real world. We have all met with someone at some point who was cocky and annoying or someone who asked inappropriate questions. That is the only fundamental flaw of the Children of a Lesser God in my opinion. Useful concepts in RR, and the articles There are several useful concepts from RR which helped to analyze the films such as interpersonal communication, self-fulfilling prophecy, communication competence, supportiveness and empathy, uncertainty reduction, pseudo-listening and active listening etc. The articles were also helpful in finding even deeper meaning behind the character and plot of the film, but I feel like some of them went too deep for the scope of the class such as SM Daughtons Groundhog Day article that explained a lot about how the character breaks out of stereotypical male model and embraces feminism to grow and mature. My favorite article is Crossing the barriers to friendship between men and women by Lee west et al. The film When Harry Met Sally, and the article helps a lot in understanding which mistakes males typically make when communicating with other gender. How can we make the relationship smoother and what are the things to avoid. This is a good learning opportunity for all of us presented in a come dic way by the film. Overall all the films and articles touched on different topic within communication that will be helpful in our daily lives as we strive to create better, fulfilling relationship with other around us. Works Cited Groundhog Day: The Movie. Groundhog Day: The Movie. Transparency, n.d. Web. 10 Mar. 2017. . The spiritual power of repetitive form: Steps toward transcendence in Groundhog Day, Daughton SM. Critical Studies in Mass Communication, 1996 McCornack, Steven. Interpersonal Communication. Reflect Relate: An Introduction to Interpersonal Communication. Boston: Bedford/St. Martins, 2016. N. pag. Print.

Snow Writing :: Writing Nature Writers Essays

Snow Writing When this project first came to my attention, I thought long and hard about what I would use to write and write on. I was sure I could come up with something creative and different. After a half hour of deep, deep thought, I came to the conclusion that I was going to take the easy way out and just write in snow with my finger. I was ashamed, but it needed to be done. It’s hard to imagine walking up to a large open field in the bitter cold to write or read the latest Hunter S. Thompson book, an issue of The Onion, or this very paper. In fact, it would be downright stupid. Yet, this was the technology that I choose to use. After writing the lengthy demonstration piece (I wrote â€Å"Demo†), it became abundantly clear that the process which writing technology has undergone has been nothing short of spectacular. The first part of the process is to understand that not only do you need to make a writing tool, but something to use the tool on. There are two things that someone needs to take into account when doing this: 1) permanence and 2) portability. Each rival each other in importance and both are vital to the process. We must first look at the pros and cons of each part of the equation: the snow and the finger. Starting with what was written on - the snow - you must look at what it does offer to you. First of all, snow is abundant in certain areas. From about Ohio and up the United States is covered in the stuff for a good few months a year. However, the drawback is that the snow is far from permanent. With the onset of warmer weather, the master works of the season would be lost forever. Snow has a natural fluidity to it which makes it easier to write in. It is also this fluidity of the snow that also causes the major problem in snow writing: the bunching of snow.

Amore Pacific Essay

AmorePacific, the leader in the Korean market for beauty products, was established in 1945 with a strong focus on researching and developing products based on Korean home remedies. The company 1959, listed its shares in the Korea Stock Exchange in 1973, and changed its name to AmorePacific Corporation in 1993. Industry dynamics and pace of development at Amore Pacific accelerated greatly during the 1990s. Domestically, anticipated entry by multinationals forced major changes in corporate and business strategy with a rigorous refocus on cosmetics by the mid-1990s, slashing of affiliates and reduction of headcount.[At the business level, it repositioned itself and its brands domestically and deepened its commitments by investing in product development and manufacturing as well as marketing/distribution in selected foreign markets, gearing itself for the challenges of the new millennium. Suggested Assignment Questions 1.Where does AmorePacific make most of its money? How has it been able to dominate the Korean market against local firms such as LG Household and Healthcare (HHC)? Against multinationals such as L’Oreal? 2.Assess the performance of MNC’s – how do they compare against local competitors? What are the reasons for local companies outperforming MNC’s? 3.Which of AmorePacific’s three principal international targets—France/Europe, China and the United States—seems the most promising? Should a penetration strategy for the U.S./Europe differ from that for China? 4.What other recommendations would you make to Suh Kyung-Bae about AmorePacific’s internationalization? Class Timeline The timeline for a typical class of 80 minutes might be as follows; Timing Introduction5 minutes SWOT analysis and challenges faced by local companies in the face 25minutes of foreign competitors Examination of the economics of local vs. multinational entrants20 minutes Identification of patterns in market selection and20 minutes discussion of future opportunities Update & Summary10 minutes TOTAL:80 minutes Case Analysis AMORE PACIFIC’s initial exploration of exporting face powders to USA based Coty, coupled with its strong market share in Korea, and its strength in herbal/ home remedies all paved the way for a successful entry into the international arena. But this path was not without the initial bumps as AmorePacific had a slow start; success only came about after deep understanding of the various foreign markets along with committed R&D and infrastructure investment. The biggest future challenge for AmorePacific is achieving synergy across its main markets and continuing with further expansions into new markets/ countries. For this a comprehensive strategy outlining products, production/ sourcing, marketing and distribution is required. This is important because in a very diverse world, many foreign contexts will be alien to many of the managers who must decide on cross-border issues. In such situations, success in home country is not enough. 1)Where does AmorePacific make most of its money? How has it been able to dominate the Korean market against local firms such as LG Household and Healthcare (HHC)? Against multinationals such as L’Oreal? In 2004 Amore pacific nabbed a place in the top 30 companies worldwide with a 30% share of the Korean market. While that of LG Household and Healthcare stood at 8% within the same context. Amongst other reasons one of the reasons for its relatively slow progress in comparison to Amorepacific was its late entry into the cosmetics business along with the heavy financial and restructuring costs over the same time period. This lead to a lack of innovation on its part generally following a me-too strategy to AmorePacific. For example setting up its own chain of stores and establishing door to door sales netwoek without a clear strategy. According to exhibit 7 AmorePacfic leads the market with significant investments in advertising, sales, and R&D; 20,000 Amore women, 350 specialty outlets versus 39 outlets for LG, development of innovative and relevant distribution channels and strong positioning of different product lines are just a few of the examples. Multinationals entering the market was relatively difficult due to the government division and depreciation of the dollar. This was magnified with the fact that the multinationals like L’oreal had to import their products due to a lack of investment in production infrastructure. This lead to a higher cost of goods sold mainly due to high tariff rates of 8%. Consequently leading to a high priced product to the consumer and this availability and distribution was restricted to high priced departmental store channels. We can see that LG HHC was losing money, and was never very profitable in economic terms, after allowing for cost of capital. This was mainly due to limited access/scale of distribution; cosmetics was not the main business for LG HHC. On the other hand Amore Pacific enjoyed a strategic advantage over LG as all their efforts were centered around the cosmetics business and they had greater advantages to leverage and typically get trade and consumer on their side; thus share of specific market winning over total size of business. AmorePacific had been earning healthy (20%-plus) operating  margins on the Korean cosmetic business whereas LG had seen its profitability drop down to zero in 2004. In a situation like this considering price realizations, or the willingness to pay; it is difficult to support a door-to-door sales force if you’ve got a 10%, 15% share of the market. 2)Assess the performance of MNC’s – how do they compare against local competitors? What are the reasons for local companies outperformaing MNC’s? Amore PacificL’OrealP&GUnileverShiseido Global Expansion strategyMainly centering around acquisitions in the Asian market starting off with Mininurse in China which was a well penetrated skin-care brand and later Yue-Sai. This enabled L’Oreal to bank on the existing company’s consumer and market expertise in the region without initiating heavy investment in product development, distribution or marketing strategy. Focus on Inorganic growth. Shiseido favored a joint investment with local partners. ProtectionismLarge established share; FDI’s welcomes at much later stage in country Financial supportGlobal presence provided the backbone for investments in the wake of Korea’s financial and money market crisis. R&DVertical integration aiding operations and quick product development. Successive launches of Hera, IOPE and Sulwhasoo focusing on different age groups, SEC’s and distribution channels. Focus on developing products as per Korean tastes rose after 10 years of its presence in Korea Distribution Rationalized distribution: AmorePacific was operating at three distribution markets. One was mass, the other one was door to door, and the third one was specialty Success in self developed channel of door-to-door (contributing 85% sales comprising 20,000 women employees) and agility in specialty stores (Amore opened 350 outlets in Korea while for LG opened only 39.)Concentration on high end/ high cost department store channel. Shisiedo opened up Les Salons du Palais Royal, a high end beauty parlor in Paris in 1992 and focussed on providing â€Å"beauty consulting† to consumers Marketing ExpenditureStrong focus with media advertising, beauty magazines and sponsoring relevant events; moving onto more innovative means of communication via magazines and new media. High investment in advertising spend and expertise in marketing management. Shisiedo localised product development but used global modeling for marketing (Eau d’Issey by Issey Miyake of Japan and Jean Paul Gaultier, named after its French creator) Cost vs. Foreignness advantageLocal manufacturing with indigenous materials sustaining prices at lower levels than MNC’s. Added support through the â€Å"Made in Korea† campaign. Adapting to market conditions; sticking to local celebrities albeit at higher cost to consumers Product PortfolioFocus on skin care and products developed typically for the Korean woman (products developed from home remedies with ginseng proving to be USP). Leverage of the biggest global beauty brands in its portfolio. To keep prices affordable for local consumers L’Oreal launched Maybelline with little success in bringing down relative pricesAlso operating in household products but mainstay was Olay; a personal care brandLargest player in various food categories with an extensive interest in personal care Competing in global perfumes market as well as cosmetics. Brand management/restructuring: Strong brand personality, project top of the line product, Asian beauty with global appeal; supported by a strong diverse product line each with their distinct positioning. Scale/ relative size: Amore Pacific’s cosmetic presence was about three times as big versus LG. Given that R&D, and advertising should be considered fixed costs and wouldn’t vary with volume; assuming they spend 10% on R&D and sales, and 14%, 15% advertising, supported by a higher local share, AP can amortize the cost over their international volume. Better understanding of the market: This lead to stronger strategies that were not easy to implement for multinational companies who have less flexibility and were not as prepared to come with a door-to-door sales force or the same marketing tactics. Product development and R&D: Having a strong R&D infrastructure provides a strength like no other and also serves a a strong barrier to entry for multinationals. Brand loyalty: Amore Pacififc has been number one in the Korean market for 60 years and has a solid line of loyal consumers and traders on its side. 3)Which of AmorePacific’s three principal international  targets—France/Europe, China and the United States—seems the most promising? Should a penetration strategy for the U.S./Europe differ from that for China? ChinaFranceUSA Market positionEconomy considered poorer and smaller than KoreaSignificant; requiring focused investment in R&D, strategy and productionV small/dual problems Market characteristicsGeographically and culturally closer. Middle of the line product range with focus on naturalist and product driven consumersDistant in consumer tastes and market peculiarities; perfumes vs. skin care and makeup. Geographically distant; prestige market seemingly offering higher potential. Market potentialPopulation of 1.3bn; potentially with rising incomes. Considered â€Å"home of cosmetics† and important to gain strong foothold in global beauty business industry. Largest personal care market in size; $33bn. -Which market makes most sense for cosmetic company from Korea/how do you select which market to go into? CulturalAdministrativeGeographicEconomic Close cultural ties involving i) script – The Korean alphabet (Hangeul) not developed until 1392 ii) Colonial rule – China ruled North Korea from 108 B.C. to 313 A.D.; iii) Similarities in values and traditions – Chinese herbal medicines used in South Korea iv)Religion – Confucianism and Buddhism are common religious and moral systems v)differences in concepts of beauty and levels of personal hygiene vi)varying importance, usage and importance of personal care products vii)Home bias: preference for using local brands viii)influence of traditions on personal care products No cultural associations with France or USA; distinctly separate culture, values and traditions across both continents from that of Koreai) No shared monetary or political association ii) Little political hostility (China backing North Korea; South Koreans moving toward reconciliation with North Korea iii) Democracy (South Korea) versus Communism (China) iv) High government involvement in Chinese industry; presence of state-owned enterprises, many of which are inefficient and/or insolvent Relatively less government involvement in South Korean industry v)Both countries harbor distrust of Japan (recent colonial memories) vi)potential discrimination against French products No administrative ties with France or USA; disadvantage of not being part of EUCommon border; in the 19th century, South Korea closed all borders to trade except for the one with China Strong logistic set-up coupled with infrastructural investment involving production, distribution and marketing. Differences in climate affecting usage, need and type of personal care productsDisparity in disposable income levels Gap in % of wages spent on personal care Differences in infrastructure and distribution structures The second part of the question should be analyzed using the ADDING value framework Adding Volume Fulfillment of the 2015 vision required global expansion with significant growth from the international markets. †¢In 2004, Amore Pacific had international sales worth $100mn. Coming from France, China and USA and modestly from Hong Kong and Taiwan. Geographic affinity to China coupled with close cultural ties and similar distribution scenario vs. greater investment in R&D, brand development and marketing strategy in USA †¢The value of growth had to pass the ROI test with business earning positive economic results coupled with greatest market potential. Decreasing Costs ï  ¬Global expansion can decrease costs through either size (scale/scope) economies or absolute economies. ï  ¬Size-based cost economies seem redundant in this industry: product/ brand affiliations center more around brand benefit, loyalty and credibility; expenditures on product development and branding are constant ï  ¬Similarities in opportunities across both countries includes ï  ¬Set-up of specialty stores prolific in both countries; ROI  seemingly better in USA since target market is upper SEC ï  ¬Retail expansion leading to price affordability of products Differentiating/Driving up Willingness to Pay USA market focused on prestige product line; Brand-building with new product line containing Asian botanicals in USA Amore Pacific beauty gallery and Spa in Soho New York adding imagery Special ingredient â€Å"green tea extract† adding to exclusive image Chinese consumer more product driven; ï‚ Growing popularity of Korean culture; â€Å"Hallyu† with support from Korean film stars and celebrities ï‚ image creation and brand building through beauty centers, culture halls, and â€Å"Hyangjang† the magazine published by Amore Pacific. Improving Industry Attractivenessï  ¬Entering new territories with market relevant products; perfumes in France, luxury products in USA. ï  ¬Constant innovation to meet continuous demands of consumers ï  ¬Lucrative market – excellent future prospects; growth expected to exceed increase in global GDP ï  ¬Evidence of product improvements trickling down into the â€Å"masstige† market ï  ¬New trade and distribution channels enabling wider access to consumers Neutralizing Risk†¢Frequent economic crisis on the home front leading to inflexibility of investment abroad †¢Differing strategies and product lines across international markets †¢Differing consumer tastes requiring further investme nt and R&D; short lived span for perfumes vs. longer spans for skin care products. Generating and Upgrading Knowledge/Capabilities/ Other Resourcesï  ¬Constant R&D both at the technical and consumer front ï  ¬International aspiration: multinational management, international consultants, product development and brand / corporate image repositioning 4)What other recommendations would you make to Suh Kyung-Bae about AmorePacific’s internationalization? Product innovationSpecialty ingredients like green tea’s proven success along with Korean herbal/ medicinal heritage; focus for future product  developments Distribution structureSpecialty and discount stores gaining importance for masstige channel; large scale supermarkets and hyper markets also increasing in importance to gain masstige market appeal. Party plans involving product demonstrations/sales to groups of consumers to be explored as a future alternative Building brands and credibilityContinue brand / image building efforts in both upscale and mass markets Inorganic growthEvaluate acquiring smaller/ financially distressed players in both key and upcoming markets like Hong Kong and Taiwan. Can we give reference to some academic theories here, based on issues of internationalization strategy?

The Diagnosing Diabetes Mellitus Health And Social Care Essay

This was a instance control survey, which was conducted at the Mahatma Gandhi Medical College and Research Institute Hospital, Puducherry, a rural Tertiary attention infirmary with an one-year volume of above 1,00,000 patients over one twelvemonth period. The Institutional Medical Ethics Committee approved this survey. From January 2011 until April 2012 we enrolled patients between the ages of 14 and 86 old ages of age. 100 diabetes mellitus patients and 50 healthy not diabetic controls without any urinary ailments viz dysuria, frequence, urgency, strangury, tenesimus, nocturia, nocturnal urinary incontinence, prostatism, incontinency, urethral hurting, vesica hurting, nephritic gripes, prostate hurting, and who attended Mahatma Gandhi Medical College between August 2010 to July 2012 were enrolled for this survey. These patients did non hold any old vesica catheterisation, instrumentality of urogenital piece of land or old urogenital surgery. WHO criteria was applied to name diabetes mellitus.WHO criteria for naming diabetes mellitus.Methods and standards for naming diabetes mellitus1. Diabetess symptoms ( ie polyuria, polydipsia and unexplained weight loss ) plus a random venous plasma glucose concentration & A ; gt ; 11.1 mmol/lora fasting plasma glucose concentration & A ; gt ; 7.0 mmol/l ( whole blood & A ; gt ; 6.1mmol/l )ortwo hr plasma glucose concentration & A ; gt ; 11.1 mmol/l two hours after 75g anhydrous glucose in an unwritten glucose tolerance trial ( OGTT ) . 2. without symptoms diagnosing of DM should non be based on a individual glucose trial but requires collateral plasma venous finding. At least two glucose trials result on a another twenty-four hours with a value within the diabetic scope is indispensable. It can be either fasting, random sample or the two hr station glucose trial. If the fasting glucose or random glucose values are non diagnostic of DM so the two hr value should be used.MethodDuring initial visit relevant facts were elicited from patients sing history, age, continuance of diabetes, absence of urinary symptoms. H/O old catheterisation, instrumentality and surgery of urogenital piece of land. With respect to female patients, their catamenial history, H/O white discharge. H/O pruritus vulva were elicited. Then elaborate scrutiny of patients carried out peculiarly with respect to complications of diabetes. In male patients, per rectal scrutiny was carried out to govern out prostate expansion routinely. In female patients elaborate gynecological scrutiny carried out to govern out any gynecological jobs, cystocele etc. After these preliminary scrutinies, patients non suiting into choice standards were omitted, and 100 diabetes mellitus patients, and 50 non diabetic control were proceeded to following phase of survey. During subsequent visits, patients and command group random blood sugar degrees, blood carbamide, serum creatinine trials were done. On the same twenty-four hours patients urine samples were collected for civilization and microscopic scrutiny. In female patients urine civilization sample were collected during their non-menstural periods.METHODS OF URINE SPECIMEN COLLECTIONClean gimmick mid watercourse urine aggregation method was adopted. Patients were explained about the methods of roll uping clean gimmick midstream piss and aged female patients were provided with nursing helpers for cleaning the external genital organ. Urine was collected in a unfertile wide-mouthed prison guard cap bottle for civilization intent and microscopic scrutiny. Two back-to-back urine specimens were obtained, and refrigerated instantly, because it was non possible to plate all the samples of urine instantly. One civilization of a clean-voide specimen of midstream piss from an person without symptoms of a UTI with at least 105 cfu/ml of the same individual bacterial species was considered equal to name ASB [ 30 ] . The ground to civilization a 2nd clip is to know apart between true bacteriuria and taint. In most surveies, merely the positive civilizations are repeated to name [ 30 ] .Quantitative CULTURE OF URINEUrine was cultured quantitatively by graduated cringle technique. The civilization home bases were read at the terminal of 24 hours and no. of settlements counted in positive civilizations. If there was no growing the civilization home bases were reincubated for another 24 hours and figure of settlements calculated if growing was noted.ANTIBIOTIC SENSITIVITY TESTSThese were done utilizing the standard sums of ( nitrofurantoin, tetracycline, aminoglycosides, co-trimaxazole,3rd coevals Mefoxins, fluroquinolones, ? lactams and nalidixic acid in all civilization positive instances ) and study obtained at the terminal of 48 hours. It was non possible to gauge HbA1C in all the patients in our set-up. Written informed consent was obtained from the patients and controls. We excluded all patients who had factors favoring exclusion standards and included patients who satisfied inclusion standards.Data CollectionAll information was entered into a Data Collection Proforma Sheet ( Appendix 1 ) and were entered into Excel ( MS Excel 2011 ) . The Sheet had a ocular map for taging and divided into indicants for both genders. Other biographical inside informations were besides collected including day of the month of birth, weight and tallness.Statistical MethodsStatistical analysis was carried out utilizing SPSS version 19.0 ( IBM SPSS, US ) package with Regression Modules installed. Statistical methods such as odds ratio and chisquare trials were applied to happen the significance between different variables. ASB Case control Positive 42 [ a ] 3 [ B ] negative 58 [ degree Celsiuss ] 47 [ vitamin D ]Oddss ratio:ad/bc = 42Ãâ€"47/58Ãâ€"3 = 11.34 Diabetic patients have 11.34 times the hazard to develop symptomless bacteruria than a non diabetic person.Chisquare:X2 = ? ( o-e ) 2 vitamin E df = 1 X2 = 20.564 P =DiscussionIn this survey an effort was made to find the incidence of symptomless bacteriuria in diabetes mellitus patients with comparing to non diabetic control group, common organisms doing infection and their antibiotic sensitiveness. On reexamining the literature the undermentioned surveies conducted in similar mode to the present survey noted.WriterYearSexual activityPrevalence Rate %Veljlasgaard 1966 Both 9.3 1986 Both 6.3 Schmitt 1986 F 9.1 Keane 1988 F 3.5 Fold addition Kelestimor 1990 F Meter 31.3 17.4 Zhanel 1955 F Meter 3 fold rise Equal to non diabetic male Zhanel 1955 F 7.9 Kayima 1996 F Meter 28 16 Balasoiu 1997 Meter F 16 32 Very few surveies of this type were carried out in our state. As noted above, most of surveies were conducted merely in female type II diabetes patients. Prevalence of symptomless bacteriuria in female diabetes patients varies from 7.9 % to 32 % . Relatively in the present survey the incidence of asymtomatic bacteriuria in female Type II patients is 35.38 % . Merely few surveies were conducted in male Type II patients. Most of the surveies showed the prevalence of symptomless bacteriuria as equal to non-diabetic work forces. But in the present survey incidence of symptomless bacteriuria in male Type II is 20 % compared to 0 % incidence in non-diabetic control. A survey conducted in Type II patients of both sexes showed the prevalence of symptomless bacteriuria as 9.3 % . In the present survey the incidence of symptomless bacteriuria in Type II patients is 26.66 % ( Male 20 % ; Female 40 % ) . In the present survey incidence of symptomless bacteriuria in both female and male diabetic patients are high when compared with non diabetic control group ( 36 % and 20 % and 0 % ) Both Type II ( insulin ) and Type II ( OHA ) patients are every bit affected ( 26.66 % and 28.33 % ) . Percentage of male patients with diabetes mellitus on insulin with positive civilization – 20.00 % Percentage of male patients with diabetes mellitus on OHA with positive civilization – 20.00 % Percentage of female patients with diabetes mellitus on insulin with positive civilization – 40.00 % Percentage of male patients with diabetes mellitus on OHA with positive civilization – 35.00 % Percentage of patients with diabetes mellitus on insulin with positive civilization – 26.66 % . Percentage of patients with diabetes mellitus on OHA with positive civilization – 28.00 % Percentage of male patients with positive civilization – 20.00 % Percentage of female patients with positive civilization – 36.00 % In control group no. of male patient with positive civilization – 0 In control group no. of female patient with positive civilization – 3 Percentage – 12.00 % Many surveies have found that the commonest being doing symptomless bacteriuria is E. coli 40 % , and gram negative B made up 66.7 % of the isolates. Relatively in the present survey, the common being is E.coli ( 57.14 % ) . Other beings isolated include Klebsiella ( 33.33 % ) Enterococci ( 4.76 % ) , Proteus ( 2.38 % ) , acinetobacter ( 2.38 % ) . Bacteriuria appears to hold no relation to increasing age. In the present survey symptomless bacteriuria occurred in all age groups. About 55 % of civilization positive causes are in the age group of 41-60 old ages. Bacteruria is common among aged life in non- instituitional community scenes, particularly among adult females, although non every bit common as among the aged in institutional scenes [ 16 ] . The feeling that true bacteruria in the diabetic is chiefly confined to aged diabetic adult females. Furthermore, the prevalence of bacteriuria among them was significantly greater than that of aged non diabetic females [ 22 ] . Contaminated piss is defined as the presence of at least 3 different micro-organisms in 1 urine specimen. [ 4 ] The prevalence of ASB is increased in adult females with diabetes [ 26 % vs 6 % ] and might be added to the list of diabetic complications in adult females [ 4 ] . Longer the continuance of diabetes with the presence of complications apparently increases the hazard of ASB in type 1 diabetic adult females [ 4 ] . The rate of ASB is non influenced by quality of diabetic control [ glycosylated hemoglobin, fasting glucose degree ] or nephritic map [ 40 ] . Longer continuance of diabetes, but non glucose control, is associated with bacteriuria prevalence. A statistically important longer diabetes continuance was found for diabetic topics with bacteriuria than without. Prevalence of bacteriuria additions 1.9 – crease times in every 10 old ages continuance of diabetes. However, there was no association between long – term glucose control, as reflected by glycosylated hemoglobin degree, and bacteriuria prevalence [ 34 ] . Asymptomatic bacteriuria is common, particularly in functionally impaired aged patients with multiple medical morbidities. If symptoms or marks of infections are absent testing with everyday dipstick and subsequent antimicrobic intervention is neither recommended. Early acknowledgment and direction of assorted hazard factors of ASB is really of import to potentially cut down its happening [ 6 ] . Sing all results there is no benefit of testing for and intervention of bacteriuria [ 7 ] . It is hard to turn out that ASB is more frequent among adult females with diabetes than among those without diabetes [ 8,12 ] . Prevalence of ASB is about three times higher in patients with diabetes when compared with the control subjects [ 11 ] . Prevalence of bacteriuria was 4.4 times higher among diabetic than non diabetic topics [ 23 ] . The prevalence of ASB among patients with diabetes is higher than in an seemingly healthy group [ 24 ] . The prevalence of bacteriuria in diabetic adult females is 7 % to 13 % , approximately three times higher than not diabetic adult females [ 28 ] . ASB is improbable to be a effect of hapless control of diabetes [ 11 ] . Damage of metabolic control of diabetes as revealed by an addition in HbA1c degree increases the hazard of developing ASB [ 8 ] . Duration of diabetes, high HbA1c degree, glucosuria and pyuria are risk factors for ASB in patients with type 2 diabetes. E.coli and K.pneumoniae are the most often stray bacteriums in diabetes patients with ASB. Routine urine civilization might be recommended in diabetic patients who show no urinary symptoms but who have one or more of the hazard factors mentioned [ 42 ] . The prevalence of ASB and leukocyturia ( & A ; gt ; 5 cells / high power field ) was higher in kids and immature grownups with diabetes than those of control topics and the spectrum of bacteriums in ASB was different from the usual spectrum of UTI. There was a inclination in the diminution in nephritic map in type 1 diabetic adult females who had ASB [ 44 ] . Asymptomatic urinary infection can non with certainty be correlated with increasing continuance of diabetes. The prevalence rate of symptomless bacteriuria increased with longer continuance of diabetes. In the present survey 30 % of positive civilization instances had diabetes for 1-3yrs continuance. Another 24 % instances had diabetes for 5 to 10 year. continuance. Even 33.33 % of freshly detected diabetes patients had positive urine civilization. Any patient with diabetes can hold symptomless bacteriuria irrespective of their continuance of disease. The prevalence of symptomless bacteriuria is non affected by steps of glucose control. In the present survey 40 % civilization positive instances had random blood sugar value in the scope of 201 to 250 milligram % . Another 24 % had in the scope of 151 to 200 % . 15 % patients had in the scope of 251 to 300 % . The determination that quality of diabetic control does non impact the prevalence of symptomless bacteriuria is confirmed. The prevalence of symptomless bacteriuria additions as diabetic retinopathy becomes more terrible [ 33 ] , 2 instances of diabetic retinopathy are civilization positive in the present survey. Of the 6 patients with diabetic nephropathy 4 instances are civilization positive. A instances of diabetic pes in present survey non had any urinary piece of land infection. Of the 4 instances with ischaemic bosom disease, 2 instances are civilization positive. Certain surveies found that isolates were ill sensitive to on a regular basis available antibiotics – Achromycins ( 33 % sensitive ) , cotrimaxazole ( 33 % sensitive ) . Other disinfectants with over 80 % sensitiveness degree included aminoglycosides, nitrofurantoin, 3rd coevals cepholosporins and fluroquinolones. All the beings that are grown in civilization in the present survey are immune to normally used antibiotics like Achromycins, cotrimaxazole, and nalidixic acid. Almost all isolates are sensitive to quinolone group of drugs. Some are sensitive to aminoglycosides. Most of them were sensitive to nitrofurantoin. Some of them were even immune to nitrofurantoin and 3rd coevals Mefoxins. Some of them were merely sensitive to drawn-out spectrum ?-lactam antibiotic. No benefit was idenitified in continued showing and intervention of symptomless bacteriuria. Antimicrobial therapy cleared bacteriuria in the short term, but did non diminish the Numberss of diagnostic episodes and hospitalizations during long term follow up, and the high rate of recurrent bacteriuria led to markedly increased usage of antimicrobic agents. Increasing antimicrobic opposition is a major concern [ 13 ] . Antimicrobial direction of urinary piece of land infection in diabetic adult females should concentrate on the prompt designation and effectual intervention of diagnostic episodes [ 13 ] . Isolated E.coli strains were immune at similar rates to ampicillin, cotrimoxozole, Cipro and Macrodantin in both diabetic and non-diabetic patients. Hence diabetes mellitus could non considered per se a hazard factor for the outgrowth of a non E.coli being and for antibiotic opposition [ 43 ] . Diabetes has a considerable public wellness impact on the hazard for and forecast of enterobacterial bacteriemia acquired in the community [ 45 ] . Screening for or intervention for ASB is non indicated in adult females with diabetes and intervention with antibiotics did non detain nor diminish the frequence of diagnostic UTI untill 3years of follow up [ 10 ] . The clinical significance and direction of ASB differs harmonizing to different groups of patients as listed below [ 36 ]Indications for the intervention of patients with symptomless bacteriuriaDefinitive Possible Not indicated Pregnancy Diabetess mellitus elderly Before an invasive GU process Short- term Indwelling catheterisation Intermittent catheterisation School misss and premenopausal adult females Children with reflux Renal graft Long term indwelling catheter Patients with unnatural urinary piece of land In most of the old surveies E.coli was the most prevailing micro-organism and klebsiella the 2nd most common [ 12 ] . Analyzing the diabetic adult females with ASB showed that diverse E.coli strains are capable to be colonized in piss. Perennial infections were common chiefly after handling ASB most often with a new E.coli strain [ 14 ] . In patients who had frequent E.coli causation ASB, repeated intervention did non decide the vesica infection [ 14 ] . When compared to non diabetics ASB is more prevailing among females with type 2 diabetics in Sagamu, Nigeria [ 35 ] . Womans with ASB had a significantly higher opportunity of developing a diagnostic UTI than not bacteriuric adult females [ 41 ] There is an increased susceptibleness to urinary piece of land infections in female diabetics above the age of 50, and diabetes likely in association with ripening, accentuates factors which allow the constitution of infection in non diabetic individuals instead than specially predisposing the kidney to infection [ 37 ] . Guidelines published by the IDSA in 2005 province that there is no mensurable benefit in testing or handling ASB in the undermentioned patients: diabetic patients, premenopausal adult females who are non pregnant, older patients populating in the community and in the long term attention installations, and with spinal cord hurt patients or patients with indwelling vesica catheters [ 31 ] . Screening and handling is appropriate for adult females during gestation and for patients who have a positive urine civilization consequence prior to surgical use of the urinary piece of land to avoid precipitating sepsis [ 31 ] . In the past diabetes mellitus was regarded as a status in which ASB predisposed to renal papillose mortification and nephritic inadequacy but recent retrospective and prospective surveies indicate that does non transport a nephritic hazard. Therefore the possible benefit from antibacterial intervention of ASB is dubious. However we emphasize that one time diagnostic urinary piece of land infection is present, it tends to run a more aggressive clinical class in the diabetic patient [ 40 ] . From all the surveies, past attacks to direction differed between U.S and European doctors. In the U.S. , intervention of bacteriuria was recommended whereas in Europe, bacteriuria is non treated. Even if diabetic adult females with symptomless bacteriuria are at hazard for diagnostic urinary infection, the overall cost benefit of testing and handling big Numberss of symptomless diabetic adult females at frequent intervals was in the demand to be evaluated. The inquiries were complex and broad -ranging. There was a demand to construct the current clinical observations and prevalence studies to make a foundation of cognition that is sufficient for developing rational and appropriate attack for caring for diabetic patient who has a urinary infection [ 3 ] . Long term follow up surveies will demo whether ASB becomes diagnostic and affects nephritic map in diabetic patients and whether intervention of ASB is warranted [ 4 ] . Recently [ IDSA ] Infectitious Disease Society of America came out with a guidelines in the twelvemonth 2005 for diabetic adult females follows asDiabetic WomansMany prospective and cohort surveies done in diabetic adult females for ASB which was followed up for 18 months to 14years of showed no differences in rates of occurence diagnostic urinary infection, patterned advance to diabetic complications.There was no hold, lessening in urinary infections nor the no of hospitalizations in persons with bacteriuria after 3 old ages of follow up was clearly proved by a randomized, controlled test for bacteriuria reported after a upper limit of 3 old ages of follow-up. There was no acceleration or patterned advance of diabetic complications like nephropathy etc. , in bacteriuric patients who did non have antimicrobic therapy. However, diabetic adult females who received antimicrobic therapy had significantly more inauspicious antimicrobic effects. Thus continued testing and handling symptoml ess bacteriuria in diabetic adult females ne'er showed any benefits and there was even grounds of some injury due antibiotic use.Recommendatio:Screening and intervention of symptomless bacteriuria in diabetic adult females is non indicated ( A-I ) . The guidelines besides mention that antimicrobic therapy is frequently unsuccessful in eliminating the micro-organisms and may, in fact, consequence in occurence of immune micro-organisms, such as drawn-out spectrum ?-lactamase immune bacteriums, vancomycin – immune enterococci, and other multidrug-resistant bacteriums. In add-on, intervention of patients will subject them to the hazard of an allergic reaction, diarrhea, and other inauspicious reactions ensuing from usage of the antimicrobic drug. Finally, clostridia difficile infection may develop, because the intestine vegetation is altered when handling ASB [ 31 ] . Endothelial disfunction, oxidative emphasis, and the increased formation of advanced terminal merchandises, lower urinary cytokine concentration and hence decreased urinary leucocyte Numberss compared with nondiabetic adult females may play a function in the development of diabetic complications [ 4 ] . Defective polymorphonuclear leucocyte maps [ opsonization, chemotaxis, phagocytosis and killing ] are possible conducive factors. Changes of bacterial adhesion to uroepithelial cells, partially explained by alterations of the chemical science and concentration of Tamm-Horsfall protein besides promote urinary – piece of land infection [ 24 ] . The vesica disfunction due to diabetic neuropathy taking to impaired vesica elimination could play a function in the prevalence of ASB among adult females with diabetes and in the natural history of UTI [ 8,28 ] . Clinical tests covering with the intervention of symptomless bacteriuria in diabetes are limited. The undermentioned decisions can be made from these tests. Frequent reinfections occur instead than backslidings. Long term suppressive therapy is effectual, nevertheless when discontinued, perennial infections occur comparatively quickly. Few patients sustain a permanent remittal from bacteriuria. Trying obliteration of bacteriuria in patients with anatomic abnormalcies may be ineffectual. Therefore, there are no benefits in continued showing and handling diabetic persons with symptomless bacteriuria and as there is possibility of some injury with antibiotic overusage.Restrictions:In this survey we could'nt step HbA1c for all the patients as it was non executable and so could'nt assess the relationship between glucose degrees and symptomless bacteriuria. We besides have no thought whether there would be any opportunity of development of complications in the persons diagnosed with symptomless bacteriuria as this is non a follow up survey. Hence measuring of HbA1c degrees and a follow up of these civilization positive patients would give a better apprehension in the relationship between glucose degrees and asmptomatic bacteriuria and the presence or absence of complications in civilization positive patients.SummaryThere is a high incidence of symptomless bacteruria in diabetes patients, chiefly in females than males in this survey. Therefore, there are 2 subjects to inquiry, whether symptomless bacteriuria is associated with inauspicious results. ? , whether the intercessions of showing and antimicrobic intervention better these results? The inquiries whether they develop complications or non and whether antibiotic therapy is needed or non necessitate to be assessed by farther follow up surveies. However latest guidelines suggest that antimicrobic therapy did non detain nor diminish the frequence of diagnostic urinary infection, nor did it diminish the figure of hospitalizations due to urinary infections nor it prevented the acceleration of patterned advance of diabetic complications, therefore periodic proving for symptomless bacteriuria is non recommended for individuals with diabetes mellitus.DecisionBased on the consequences and the methodological analysis employed, we have concluded that: High incidence of symptomless bacteriuria has been observed in both diabetic males and females. High incidence of symptomless bacteriuria occur in both diabetes mellitus on insulin and unwritten hypoglycaemic agents. Causative beings in diabetic and non diabetic symptomless bacteriuria are similar. E.coli is the commonest being. Most of the symptomless bacteriuria instances occurred in the age group of 41 to 60 old ages. Asymptomatic bacteriuria occur inspite of good glycemic control. . Preventive steps for diabetic patients include increased surveillance and turning away of well-known hazard factors for urinary piece of land infections. Asymptomatic bacteriuria can be present even in freshly diagnosed diabetic patients. Most of the being are sensitive to nitrofurantoin. Some are sensitive to aminoglycosides, fluroquinolones. Some beings are merely sensitive to drawn-out spectrum ?-lactam antibiotics. Periodic proving for symptomless bacteriuria is non recommended for individuals with diabetes mellitus as per latest guidelines.AbstractionAim: To analyze the incidence of symptomless bacteruria between diabetics and non diabetics, the common beings and their antibiotic sensitiveness Methods: A sum of 100 diabetic patients and 50 non diabetic controls without any history of urinary piece of land infection and catheterization was enrolled in this survey Consequences: The incidence of ASB was 39 in diabetic and 3 in control with the significance of P & A ; lt ; 0.001. Diabetic patients have 11.34 times higher hazard in developing symptomless bacteriuria than non diabetics. Decision: The incidence of ASB is significantly increased in diabetic patients as compared to non diabetic controls.A larger survey with a longer follow-up is needed to turn to the issue of handling such patients who are symptomless