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Aristocrat
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Aristocrat
Founded over 50 years ago, Aristocrat is the leading gaming machine manufacturer in Australia, with a richly deserved reputation for its products and services, as well as, market leadership. The company has managed to, profitably, realize its vision as the leading provider of gaming solutions through the application of strategies favoring company growth and development. With its administrative center located in Sydney Australia, the company has subsidiary companies in the USA, New Zealand, Europe, Africa, and Asia (aristocrat.com 1). The company employs over 2000 staff in all of the aforementioned subsidiary companies and aims to become the first-rate supplier of gaming equipment globally. The company produces a variety products and services for the gaming industry ranging from ancillary equipment, electronics, as well as, comprehensive gaming solutions for their clients. The company has succeeded in the introduction of innovative gaming products and services both for the domestic and international markets while maintaining its global competitiveness in the industry. Some of the motivations for the company’s expansion in the global market include economies of scale, the need to increase the company’s market share, and the need for a return on investment. The company ranks second in the international gaming industry and is estimated to have earned a revenue of over A$1 billion in the year 2005 (aristocrat.com 1). At present, the company’s revenues have fallen below A$800 million, with over 55% of this revenue derived from international operations (ceoforum.com 1). The company has successfully linked its managerial competencies on both domestic and global platforms hence ensuring international performance by the company. The company employs international strategies that are flexible and able to influence and persuade business ventures in the global market.
This paper provides an analysis of the international strategies that Aristocrat employs in its business procedures.
Aristocrat’s International strategies
Undertaking an international business venture is a complex process, which necessitates specialized knowledge about the global market. Aristocrat has managed to, objectively, pursue international business opportunities, putting the company at a competitive advantage from its chief competitors. Accordingly, the company has managed to benefit from the application of international strategies such as international business-level strategies, multi-domestic strategies, global strategies and transnational strategies (aristocrat.com 1).
Aristocrat’s business level strategies entail international low cost of production whereby the company focuses its production and manufacturing procedures in Australia. The company then exports these products to international markets, making it possible for customers to access their products internationally. This strategy allows for elevated value-added procedures in the home country and low value-added business ventures in foreign countries (ceoforum.com 1). Besides, owing to the characteristics of the gaming industry, the company also employs international focus strategies adjoining the already existing low cost strategies to, effectively, deal with the diverse, international markets.
In addition to the business level strategies, Aristocrat also utilizes corporate-level international strategies for resource sharing synchronization across all of Aristocrat’s subsidiary companies. Three main corporate-level strategies have been identified including multi-domestic strategies, global strategies, as well as, transnational strategies (ceoforum.com 1). Multi-domestic strategies allow Aristocrat to decentralize functional decisions in each subsidiary company. With this strategy, all the company’s subsidiary companies are independent of each other, making it possible for companies to adapt their products to their local markets. This is especially evident in the company’s management approach, which necessitates accountability and responsibility by each subsidiary company.
Previously, the company tolerated global responsibility that censured regional responsibility averting company growth in certain regions. Aristocrat recognizes that the international market provides a broad variety of cultures and markets and uses this strategy to ensure that their products and services are accepted globally. Distinctively, the company also standardizes its products across national markets, which, in turn, lays emphasis on economies of scale (ceoforum.com 1). This strategy is referred to as the global strategy and is used contrastingly, yet inter-reliantly, with multi-domestic strategies. Here, the company centralizes all the business-level strategies to the home office in Australia, which requires coordinating business operations across borders. This strategy promotes the production of high-quality products and services for all clients irrespective of their countries of residence, which, in turn encourages brand recognition internationally. For example, the company offers all its clients with similar games and gaming operations such as Queen of the Nile, which is the company’s most refutable game to date (aristocrat.com 1).
Irrefutably, Aristocrat also exploits transnational strategies for the achievement of global efficiency and local responsiveness (aristocrat.com 1). This strategy requires simultaneous operations on local and international levels, hence centralized control, and coordination. Additionally, the company also pursues organizational learning to achieve competitive advantage during their international business ventures.
Conclusion
The gaming industry in Australia has recently experienced a reduction in revenue for the last five years. This comes as a result of government regulations that have constricted the production and manufacture of gaming machines by companies. However, Aristocrat has managed to circumvent this reduction in revenue through the application of international strategies, which promote the company’s growth and development internationally. These strategies have not only helped improve the company’s revenue margins, they also facilitate better customer support that is vital for international business ventures.
Work Cited
“Aristocrat.” aristocrat.com. Aristocrat, n.d. Web. 15 August, 2011.
“Going global from Australia: Aristocrat’s Des Randall on the challenge.” ceoforum.com.
CeoForumGroup, n.d. Web. 15 August, 2011.
Argumentative essays
Argumentative essays
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Professor
Institution
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Date
Argumentative essays
Introduction,
The novel is about Sophie living a simple life in the village in Norway with her parents. her father, an oil tanker captain. Thought the father is most often on voyage, Sophie is seldom alone thanks to the companionship of her tortoise, budgerigars and her real companion, her mother.
A number of things happen at the beginning of the lot with Sophie receiving messages from in a mail box, one well structured and addressed from people unknown to her. Though she fails to understand the senders of the messages, they get her curiosity and she is left to wonder who was the sender and the actual plan or mission of the sender. However, she throws caution in the wind and risks opening the messages. This might have been an offense, but she takes it courageously only to learn that the content were meant for someone else but is still important to her as she can as well make use of the contents. The messages forming part of the correspondence philosophy course
The author argues that knowledge one ones roots are as important as being able to differentiate or be differentiating an ape from a human being. These are two different animals within similar characteristics but different level of rationality. He tends to argue that if Sophie does not know about her roots, then she is not a human being but an ape. By enlightening Sophie, he exposes Sophie to the systems of the world, how things really hang. He tends to argue that even though, things may be changing, and two different cultures are embracing each other, it is imperative for her to go back to her roots and embrace her roots, or culture. In that way, she will appreciate where the world came from.
While the argument of the philosophers may be right, it is important for her to learn epistemology, the authors argues that the combination of two different cultures into one, means new cultures should be embraced, but after knowing their roots. An example given on points that of the Israelites when they had to go to their destiny in the wilderness, they knew where they were coming from, the knowledge of one’s history is important in pointing put the right location and direction. Without knowing where we are from, we cannot make any resolution.
Gartner argues that
“The German poet Goethe once said, “He who cannot draw on three thousand years is living from hand to mouth.” I do not want you to end up in such a sad state. I will do what I can to acquaint you with your historical roots. It is the only way to become a human being. It is the only way to become more than a naked ape. It is the only way to avoid floating in a vacuum.” ― Guarder Joustein
The author is against ignorance, ye argues that those who do not know about their roots. He argues that ignorance s lie, living a simple life.
The author argues that a thousand years have passed since the Greek established their tradition; they have managed to preserve that tradition. The tradition helps individual identify with their roots and that by identifying with your roots it is easy to determine where one is going
While the author presents three personalities with a few ways of explaining the reason why man should consider doubt, it is also imperative to note that that author asked Sophie to constantly doubt the very existence of humankind. The author tells the nurse that is important to start learning through first querying the research results. If the system has, loopholes and therefore one should start by question or doubting his existence. His role on earth and what beliefs. The author tries to set a world in which the people have a philosophy to living or doing things. One must; learn the great works of Democritus, Socrates, Plato and Aristotle. This is because the three philosophers is anchored on the general metaphysics or epistemology because this was the only way the individuals can identify their roots, understand, and judge their roots. Alberto says:
“Surely it is by asking questions that we know we are alive.”
By knowing their roots, people start to appreciate the nature of human, and why they are different from naked apes. A human being is a higher animal in comparison to the ape. However, if a human being fails to understand his roots, he or she is likely to behave like an ape. No rationality or understanding just floating in a vacuum with nothing to hold on to or talk about
Knowing the historical roots is also important as it helps one in becoming less ordinary and may help one to learn how to survive in the world of changing fortunes. For example, while the world is changing, with technology taking over, it is advisable to have once roots on one hand and identify the reason for our existence. The author tries to urge us to think critically and analytical, by curiously analyzing our environment and the system.
References
Gaarder, Jostein. Sophie’s World: A Novel about the History of Philosophy. Trans. Paulette Moller. New York: Berkley Books, 1996
Argument of Definition of the Word Family
Argumentative essays
Name
Professor
Institution
Course
Date
Argumentative essays
Introduction,
The knowledge one ones roots are as important as being able to differentiate an ape from a human being. These are two different animals within similar characteristics but different level of rationality. For example, it is noted that without knowledge of ones roots, one is like an ape. One should get to know of things really hang, by starting from doubt and questioning. For example, one should question his roots (where is the world coming from) or his being, (who are you). These two questions are important in analyzing the doubt method proposed by Descartes.
On the other hand, the argument that many things are changing is important, but importance is relative to the person seeing what is important. By going back to the roots and questioning the roots, and the being, one gets to know the source of the world (Steup, 2005)..
While the argument of the philosophers may be right, it is important for her to learn epistemology. The combination of two different cultures into one, means new cultures should be embraced, but after knowing their roots. For example, when the Israelites you get to their destiny in the wilderness, they knew where they were coming from, the knowledge of one’s history is important in pointing put the right location and direction. Without knowing where we are from, we cannot make any resolution.
People who can draw knowledge and understanding from roots and history are rich; therefore, they have something to keep for the future. Without proper knowledge of the roots one is lost, it is like floating in a vacuum.It is also important to doubt the very existence of humankind constantly. People should start learning through first querying the research results. If the system has, loopholes and therefore one should start by question or doubting his existence, role on earth and beliefs. The use of critical thinking is important in assessing the metaphysical impetus of then environment and roots on ones being. People must also have a philosophy to living or doing things. One must; learn the great works of Democritus, Socrates, Plato and Aristotle. This is because the three philosophers are anchored on the general metaphysics or epistemology because this was the only way the individuals can identify their roots, understand, and judge their roots (BonJour, 2002).
“Surely it is by asking questions that we know we are alive.”
Knowing the historical roots is also important as it helps one in becoming less ordinary and may help one to learn how to survive in the world of changing fortunes. For example, while the world is changing, with technology taking over, it is advisable to have once roots on one hand and identify the reason for our existence. Men should be critical in thinking by starting from doubt; one should question his own understanding of nature and system.
In Meditations de prima Philosophic, Descartes offered proof of the actual existence of god; he argues that even though god exists, one should try to make efforts that proceed from metaphysical fundamentals of reality up to the dependent existence of lesser mortals. For example, his argument that epistemological progress in all individual thinkers helps in the establishment of knowledge at a level of complete certainty (Descartes, 1641; Tomberlin, 1999). For example, the concept of doubt can e elaborated by the use of an analogy, if a picture of an analogy. The argument for doubt teaches us that for one to get knowledge one has to defeat skeptics. That is you doubt the truth and ask. It is only by asking question that one comes to learn of the underlying factors in the truth. One should doubt the truth about everything, for example, it is advisable to doubt the evidences of the actual sense and the cultural presuppositions. It is also advisable to analyze the fundamental process by which men reason sand question it. The first meditation is important for doubting the beliefs that making prescribe to. Men tend to make mistake by defining things in reference to things external to their intent. People know things, because they can define them, but they do not know if there are incorrect. However, the definition has no grounds.
Conclusion
This means that if one lacks acquainted with the roots. One is useless just like a naked ape, as there in no legacy or secret to keep. However, if the use of doubt is important, this means one has to be ignorant first, and then start questioning his being and roots from an ignorant point of view. On the other hand, Gardner, (1991) argues that ignorance is bad, if this is the argumentum ad buculum or circular reasoning, then men are ignorant at the expose of their roots. Therefore, they are floating in a vacuum, which later translates into ignorance. It is therefore suffice to say, that ignorance of ones being and roots is important beginning or foundation of doubt, which is also good for epistemology. For example, the Greek have been keeping their tradition for a thousand years. They do this to preserve their roots and tradition so as to referrer to their roots in order to foretell the future. The tradition helps individual identify with their roots and that by identifying with your roots it is easy to determine where one is going (Boufoy, 2005)
References
Gaarder, J(1996). Sophie’s World: A Novel about the History of Philosophy. Trans. Paulette Moller. New York: Berkley Books, 1996
Descartes, R,(1641). Meditations on First Philosophy. In Cottingham, et al. (eds.), 1984.
BonJour, L, (2002). Epistemology: Classic Problems and Contemporary Responses. Lanham, MD: Rowman & Littlefield.
Boufoy, B, (2005). “Introducing ‘Applicable Knowledge’ as a Challenge to the Attainment of Absolute Knowledge”. Sophia Journal of Philosophy 8: 39–51.
Steup, M, (2005). “Knowledge and Skepticism”, Contemporary Debates in Epistemology, Peter Sosa and Matthias Steup (eds.): 1–13.
Tomberlin, J. (1999). Philosophical Perspectives 13, Epistemology, Blackwell Publishing.