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Executive-Summary
Executive Summary: Strategic Plan Part-3STR/GM 581University of PhoenixExecutive Summary: Strategic Plan Part-3Executive Summary
METRO GROUP is an international retailing company with Head quarter in Düsseldorf, Germany, is one of the world’s leading retail and wholesale companies in the world. The company has over 280,000 employees in 180 nations around the world with over 2,200 outlets in 32 countries in Europe, Africa and Asia. The company wants to expand its operation in Canada; To gain competitive advantage in the new market, Metro Group has to ensure that it manages its core business in a sustainable manner, providing exceptional customer service and producing world-class products that are difficult to imitate will give a competitive advantage against other competitors in the market.
Business/Product or Service
METRO GROUP deals with private and commercial clienteles in a wide-ranging array of services in cash & carry and in retail. With their specific offers designed to meet the growing demands of customers, METRO GROUP’s sales brands have become individual retail brands in many ways. A significant establishment of customer orientation will symbolizes a key component of the new Retail strategy. For this reason, the company has conducted a thorough customer satisfaction analysis. METRO GROUP can target customer groups including “young families”, “best agers”, “smart budget family” and “traditional hoarder”. Based on these insights, Retail can address all customers with a more compelling and targeted approach in Canada. Real is committed to ensuring that its customers find exactly what they require for their personal needs when they shop in a Real hypermarket. As this also includes an excellent price-performance ratio, Retail has lowered the prices of its key customer groups’ preferred products.
The Market
The Business Concept of METRO GROUP is to create brand articles and strong private labels guarantee a high-quality product line in both the food and non-food segments. Canada represents a bounty of untapped potential, 14 square feet per person in Canada. The Canadian market as a whole is relatively under-served, and growing medium-to-large, with a strong Canadian currency and shopping Centre sales averaging $580 per square foot in Canada, there are opportunities for retailers and investor owners alike. METRO GROUP can quickly and easily capture some of the market through acquisition rather than store-by-store expansion. With the Canadian retail sector pushing forward at a sustainably healthy rate, demand for space in shopping centers and street fronts will continue to get tighter, with a resultant increase in lease rates particularly in growing urban markets (Municipal Growth Stars in Canada.). Because the company will need greater numbers of stores to maintain economies of scale entering Canada, buying a chain with similar location and size preferences has many advantages for METRO GROUP.
Competition
One of METRO GROUP biggest competitors for the expansion in Canada is Wal-Mart, and they will always have to face Target once they start operations in spring of 2013 (Huffington post). The company’s advantage is that it sells high quality goods and brands and using cost reduction strategy will give METRO GROUP a competitive edge in the market in Canada.
Risk/Opportunity
The objective of conducting a risk management plan for METRO GROUP in drive to expand in Canada is to increase the probability and impact of positive events, and decrease the probability and impact of negative events that would happen throughout the life span of the company (Pearce & Robinson, 2011). A risk breakdown structure will be implemented to help break down the risks associated with the METRO GROUP in Canada. The company will be creating a decision tree diagram to help the business make decision between alternative capital strategies.
Conclusion
How and why firms outperform each other goes to the heart of strategic management, understanding various strategies, how to formulate and deploy them will allow METRO GROUP to enjoy superior performance and improve its competitive position. The firm that chooses a concentrated growth strategy directs its resources to the profitable growth of a narrowly defined product and market, focusing on a dominant technology (Pearce and Robinson, 2011). However, there are always drawbacks to each strategy the company will try to implement. Thus, the sustainability of METRO GROUP advantages will always be challenging, because there will be replications or replacement by new or existing competitors.
References:
http://www.metrogroup.de/internet/site/metrogroup/node/10781/Len/index.html
Pearce, J. A., II, & Robinson, R. B., Jr. (2009). Strategic management: Formulation, implementation, and control (11th ed.). New York, New York: McGraw-Hill.
Yip, G. S. (2003). Total global strategy II (2nd ed.). New Jersey: Prentice Hall.
Mintzberg, H., Lampel, J., Quinn, J. B., & Ghoshal, S. (2003). The strategy process: Concepts, contexts, cases (4th ed.). New Jersey: Pearson-Prentice Hall.
https://www.bea.gov/scb/account_articles/international/1097srv/maintext.htm
http://www.statcan.gc.ca/daily-quotidien/080522/dq080522c-eng.htm
Executive Summary
Executive Summary
Thailand is one of Southeast Asia’s most significant countries as well as one of the world’s most popular tourist destinations. People in Thailand are used single-use plastics since the nation consumes so much of it. There is a general feel that plastic bags are an important part of everyday life and that food packed in plastic bags is hygienic and unspoiled. This reveals that Thailand has been using single-use plastic for a very long time. Because of the COVID-19 outbreak, there has been a 40 percent rise in the use of single-use plastics, exacerbating an already serious environmental problem. Disposable testing equipment, personal protective equipment, and vaccine syringes contribute to this waste. Plastic makes up a major portion of the waste stream and a solution is required for Thailand. Consumption of single-use plastics is increasing, making it difficult to eradicate plastic pollution at its source. The study reveals how hard it is to recycle plastic garbage in Thailand since there are no rules requiring individuals to separate their waste in order to collect plastic trash. The government’s help in the waste plastic import trade exacerbates the already significant amount of waste plastic requiring a more viable solution for the country.
1. Introduction
In order to better provide solutions for the plastic waste problem in Thailand, this paper begins by evaluating the current solutions that are in place by various entities including the private sector and the public sector in relation to care for the environment. Boonpa and Sharp (2017) identified that the measures implemented in Thailand include the use of PSAs to combat the increased need and use of single-use plastics. So far, these measures are ineffective. The report, thus, seeks to answer the following question: What measures and solutions can the Thai government use to reduce the reliance of single-use plastics in Thailand?
1.2 Background
New studies show that by 2050, there will be more plastic in the world’s water than fish (Liang et al., 2021). Plastic waste has been found in the seafood consumed by people and aquatic life too. Plastic pollution is a big problem in Asia because just five countries (Vietnam, China, Thailand, Indonesia, and the Philippines) are responsible for more plastic trash going into the oceans than the rest of the world put together (Sasaki, 2021). As the sixth largest producer of trash that ends up in the ocean (Sharma, Aloysius, & Visvanathan, 2019), the problem of plastic pollution in the water is especially bad in Thailand.
Figure 1: Amount of plastic waste via imports into Thailand 2012-2021
(Adapted from: Sasaki, 2021)
Figure 1 above illustrates the problem of plastic waste in Thailand as related to the imports of the same into the country. Since 2017, when China, the largest importer of plastic trash at the time, introduced rules to restrict the import of 24 different forms of plastic garbage into their nation (Sasaki, 2021), the subject of plastic waste import has been contentious in Thailand. As a result of the restriction on the import of plastic garbage, the deluge of rubbish made of plastic that originated in affluent nations instead flooded into the nations like Thailand. Prior to 2015, the average annual quantity of waste plastic imported in Thailand was about 56,000 tonnes (Sharma, Aloysius, & Visvanathan, 2019). In 2018, Sasaki (2021) record that the quantity of waste plastic imported more than doubled to almost 500,000 tonnes. Solutions are required to address this problem.
1.3 Impact on Thailand and the Rest of the World
Even as zero-waste societies, recycling shops, and environmental initiatives continue to challenge Thailand’s attitude on the consumption of plastic, a growing proportion of COVID-19 connected plastic waste importation appear to undercut the progress that has been made. The impact to Thailand is that it will be very difficult for the nation to achieve a sustainable foundation regarding the implementation and fruition of a circular economy in line with the rest of the world. For other global players, such retrogressive attitudes will push further the deadline for the achievement of sustainable development goals and, especially, the attainment of carbon neutral zones.
References
Boonpa, S., & Sharp, A. (2017). Waste-to-energy policy in Thailand. Energy Sources, Part B: Economics, Planning, and Policy, 12(5), 434-442.
Liang, Y., Tan, Q., Song, Q., & Li, J. (2021). An analysis of the plastic waste trade and management in Asia. Waste Management, 119, 242-253.
Sasaki, S. (2021). The effects on Thailand of China’s import restrictions on waste: measures and challenges related to the international recycling of waste plastic and e-waste. Journal of Material Cycles and Waste Management, 23(1), 77-83.
Sharma, A., Aloysius, V., & Visvanathan, C. (2019). Recovery of plastics from dumpsites and landfills to prevent marine plastic pollution in Thailand. Waste Disposal & Sustainable Energy, 1(4), 237-249.
Discussions
Discussions
Week 2
Virtue ethics mainly deals with both morality and honest of an individual. It explains how moral people with good virtues can do such as having the habits of the generosity and honesty. In criminal justice system, it helps the judges to determine whether one is guilt of their actions and judgement will be determined. Stoicism is the philosophy that tends to teach people how to live with others by having self-control that would help them to overcome any kind of destructive emotions. In criminal justice, this should be used to enable the accused individual have self-control whenever they are explaining themselves to enable the judge understand the problem at hand. Hedonism philosophy explains that the most important aspect and pursuit to mankind is something that makes them feel good and it is what is good for an individual as it will help them overcome many problems of life. Therefore, according to this phyllophyte, something that is good to human is pleasure and thus it is what makes people have good life as pain is what is considered to be something evil. In criminal justice system, the culprits and whoever is suspected to be having a problem needs to be given opportunity and justice before they are proven to be guilty. This is an important aspect of life and it is what makes that person feel good and have pleasure. Otherwise, denying them their right and other basics would cause pain to them and thus it is what is considered evil.
Week 4 Discussion
Evaluating the code of ethics and ethical principles in law enforcement is such a great thing that needs to be done to enable the culprit understand the problems affecting them and other related challenges before they are challenging. It is because the code of ethics is wide and it gives members of an institution the general concepts of what needs to be done and the nature of behavior that needs to be adapted. Therefore, it entails all the decisions that are considered acceptable and encouraged in the workplace. Code of conducts is usually more specific and it elaborates how the members need to behave in the workplace by specifically discussing the required behaviors. This enables the law enforcement body to specifically apply a given rule and judge to the individual who is caught in mess. According to the fourth amendment, people have right to protect and secure their properties and their persons against any seizure and act that is considered unreasonable and this limits the police to search people in their homes. 5th amendment protects people against any complement even if they are criminals. Therefore,, the two amendments are good for people who are considered criminals and therefore, during law enforcement, these people are protected against harassment by the police because they have the rights against any kind of infringement by the authority and it is what protects them whenever the police needs to use force to get evidence when they are accused to be criminals before being proven.
Week 6 Discussion
According to the 8th amendment of America, the law requires that there is no need to have excessive bail or when imposing fines, there is no need of using excessive force and at any given time, there is no need of using excessive punishment when inflicting it to the suspect. As such, the federal government is prohibited from imposing penalties that are harsh to the victims. Capital punishment is well known to be a death conviction where the offenders are executed and this is done under the law and therefore, this is different from the extrajudicial killings that do not follow any procedures. Therefore, capital punishment and life imprisonment when being evaluated needs not to be evaluated using the ethical principles because going against the law when implementing this is against the law. Sometimes those who are harassed and killed are viewed to be the correct thing to do as they area supposed to be jailed for life or killed. As such, ethical principles requires that they need to be well handled because they have the right to be respected. They should not be harassed or tortured as the law protects them against any kind of torture that can make them feel bad. The 8th amendment requires that everyone is entitled to all manner of protection and when punishing, no need of inflicting harsh judgements as it affects how the victim suffer.
Week 7 Discussion
Usually, the public officials do have sovereign immunity. As such, it makes them have easy time when they are found to have committed crime to be released and this is not the same case for the other members of the community. This solely depends on the people they know in the government as well as their ranks in government. On the other hand, a private citizen when they commit crimes are arrested and they do not have any benefit that the officials of government have and the arrest is mandatory for such people. Sometimes the level of incompetence as well as the negligence that most of the officials in the state is wanting and this has affected the law in most countries where their judicial system is week. A good illustration of this is a case of the pollution that involves the state parastatals. Nonetheless, if similar companies are owned by private individuals, they are likely to face the major sanctions following their pollution of the environment. Therefore, actions against pollution by state parastatals may not survive as compared to the one that is owned by private citizens. Therefore, there is no double standards as the law does not apply equally even though the written law document emphasizes that all these groups need to be judged equally and there is no need to favor any side. Nonetheless, the power and the positions that these groups have differ making the law to have difficult time for those who are implementing it.
Week 8 Discussion
Morally, there is difference between killing and letting die in the medical context and there is need to understand the difference. It all lies with the agent and therefore, distinction may occur in some cases while other cases do not have such distinctions. Therefore, when it comes to medical context, the distinctions between killing and letting die needs to be well differentiated. In medical context, when an agent kills, one is tasked to take the responsibility of their actions and when an agent let a patient dies, then they should not take the responsibility. The moral distinction is defeated especially when the agent takes the responsibility of killing the patient surrounding the situation. Therefore, for that situation, killing does not involve being responsible and on the other hand, letting die will not make the agent escape the responsibility. In most instances, there is huge confusion in the healthcare setting because sometimes, patients make choices and this may affect how the outcome will be. For instance, according to the code of ethics and conducts governing the healthcare practitioners, they are required to always expected to seek the advice of the patient on what is known to be workable and the final decision made by the patient is followed. What the healthcare practitioners can do is that they can participate in offering education on the better options available and let the patient decide. If the state of the patient is bad, a close member of the family is allowed to make decisions on behalf of their patient on the best available options.