Chocolate Brand Expansion into India

Chocolate Brand Expansion into India Submitted by: Sanjay Sharma   Whittakers is a New Zealand based chocolate company, owned and operated by Whittakers family since 1896. This chocolate brand is one of the most popular and trustworthy brand in the country, all the products are made in their own factory located in Wellington. The company exports its chocolate products to countries like Australia, Malaysia, Singapore, and Middle East and so on. This evaluation report targets India as its international market, focusing on possibilities of international business trade for Whittakers chocolate brand. Analysis through market research helps a business to understand the kind of the products and services that can help an organization to earn profit and meet customers expectations. PESTLE Analysis:   Ã‚   PESTLE analysis is a popular business tool utilize to understand the external factors that can affect a business or an organization, say, political or economic factors. Political factors: India: India, one of the worlds largest democracies functions through a federal government. The business environment in the country gets affected by multifarious factors say governments policies, ideologies and interests of political figures. The political environment in the country can be considered cyclic as the elections are conducted in every few years and there are chances that the selected political party can be different from the previously elected one. New Zealand: New Zealand follows democracy strongly creating an environment to business steadily. Here the political system is stable however the Queen supremacies but the government rules. The country offers a supportive tax guidelines for investing and growing a business. Observation: Both the countries follow democracy system of government, though India has a huge population so the chances prediction of political environment gets really tough. Because of re-election process the political factor is least predictable as the rules and regulations can be changed or updated for upward mobility. Economic factors: India: 25 years ago, India embarked on a journey of economic liberalization, opening its doors to globalization and market forces. According to a report by International Monetary Fund, the countrys GDP is said to grow by 7.4 percent in the year 2016-17, which will make it the fastest-growing large economy in the world. (Madgavkar, 2016) New Zealand: Social factors: India: A pleasant arrangement of increasing disposable incomes, changing standard of living and a young populations rising liking for indulgence has transformed the country as the fastest growing chocolate market globally. The chocolate industry in India is growing nearly by 20% every year. (Karnik, 2015)India hold a majority proportion of young people, according to CIA, median age in India was 27.3 years in 2015.Indias urban ranges make a noteworthy commitment to the nations economy. Albeit short of what 33% of Indias population live in urban communities and towns, these zones produce more than 66% of the nations GDP and record for 90% of the administrations incomes. Accordingly, urban territories have been developing quickly, with a solid inundation from the rustic populace. New Zealand: New Zealands economy is greatly reliant on exchange with different nations. Change in outside request may influence the nations monetary circumstance. The nation has bring down spending in RD exercises bringing about outside reliance for new innovation. New Zealand has distinctive culture just like the significantly Christian ruled religion. Along these lines, amid Christmas and different celebrations, New Zealand is altogether extraordinary, for example, utilization and imports of nourishments and refreshment and electronic contraptions increment amid merry season. Future rate is progressively and death rate is low in New Zealand which is useful for nation however not consider so great at association forthcoming in light of the fact that in New Zealand, after retirement, without doing any work individuals get annuity, tip subsidize till long time which influence organization benefit. Technological factors: India: There has been huge sustainable change in technological sector in India, the number of institutions has increased within past years in the country. Also there is easy availability of 3G and 4G network in most places in the country. Considering total number of startups including both tech and non tech areas the country. As far as aggregate number of new businesses, including both tech and non-tech regions, India again figured among the five biggest has on the planet, alongside China (10,000). IT center point Bengaluru is host to 26 for each penny of household tech new businesses, trailed by Delhi NCR (23 for every penny) and Mumbai (17 for each penny). In the making up for lost time class were Hyderabad (8 for each penny), Chennai and Pune (6 for every penny each). (PTI, 2016) New Zealand: The country has made noteworthy development in numerous technological products. India is one of the largest and fastest growing economy globally, the country represents enormous chances for line of work and is a significance association for the New Zealand Government. The innovation area is New Zealands quickest developing part and backings a huge number of employments. Sends out have multiplied in the course of recent years and are currently worth more than $6 billion. Inside this, the advanced economy and the weightless division is currently assessed to be worth $1.3 billion. It is the nations third biggest fare worker behind dairy and tourism and addresses each other real market section. (Macleod) Legal and Environmental factors: India: An exhaustive lawful and administrative system has made it feasible for business elements in India to flourish. Later charge changes, for example, the usage of VAT, have been fruitful and have expanded aberrant duty accumulations in the nation. The fund service has proposed the execution of the Direct Tax Code (DTC), which means to extend charge pieces and negate the various assessment exceptions that are at present set up. Merchandise and enterprises charge (GST), a far reaching backhanded tax collection framework, is likewise anticipated that would be executed in the close term. Changes in both direct and aberrant duties would supplement the administration assess income considerably by extending the expense base instead of expanding the expense rates. (MarketLine) New Zealand: India is the seventh biggest nation on the planet, and Asias second biggest country, with a zone of 3,287,263 sq. km. In spite of having just 2.5% of the worlds property range, India represents 7-8% of comprehensively recorded species. The nation is among the 12 uber biodiversity areas of the world, which are accepted to be home to 60-70% of worldwide biodiversity. India has almost 2,400 known types of creatures of land and water, fowls, warm blooded creatures, and reptiles, of which 18.4% are boundless. Of these, 10.8% are debilitated. The nation is home to almost 19,000 types of vascular plants, of which 26.8% are endemic. There are a huge number of advantages of biodiversity including solutions, mechanical materials, and the arrangement of environmental administrations. (MarketLine) In 2011 Prime Minister John Key propelled the NZ Inc. India Strategy, an arrangement for India to wind up distinctly a center exchange, financial and political accomplice for New Zealand. The NZ-India FTA is a significant stride toward accomplishing that objective. New Zealand and India as of now appreciate a solid relationship. India was New Zealands tenth biggest exchanging accomplice in the year to June 2016, with aggregate exchange products and enterprises worth more than NZ$2.5 billion. Fares to India were worth NZ$1.7 billion (NZ$656 million in products, NZ$1 billion in administrations) with imports worth NZ$821 million (NZ$591 million in merchandise, NZ$230 million in administrations). More than 10,000 Indian understudies came to ponder in New Zealand in 2015, and another 35,000 Indian vacationers went by that year. There are well more than 100,000 Indian nationals inhabitant in New Zealand. (New Zealand-India FTA, n.d.) There are certain possible benefits to this agreement, it can create an improved access in the Indias enormous market focusing on the developing middle class and also it will create vast opportunity in various New Zealands service sector say, tourism, environmental. Certain clashes like competitors like Cadbury and other well settled brand can be faced. Moreover vegetable fats can be a content for chocolates internationally but in India doing so is not permitted. Certain number of companies have faced issues as they did not fir the Indian standard requirements. Social Media: Internet systems administration is incredibly being utilized these days. Online headways ought to be conceivable by method for Twitter, LinkedIn, Facebook, Blogger and so forth. We can make web diaries, we can make page on Facebook and Twitter. This will help us to exhibit our things among youth masses. Posting progressions on goals that get overpowering human affiliation is one approach to manage get the word out about your business, for example, we can use Facebook having broadcasting programs with headways only fitted to a specific measurement masses. These promotions appear to be recently adjacent profiles that meet the inspirations driving your things objective business section. In like way, we can use Google AdWords association to post online advertisements this organization is extraordinarily to post advancements. E-mail: Email is the current electronic media to send message. It is a way to deal with bestow people wherever all through the world for the span of the day and night without holding up the beneficiary to wake up and making himself appear. It can send messages to numerous people in a matter of moments. It can in like manner send records, photos or even video cuts. Radio and Television: These two are the wellspring of data. They give us the most recent data in the state of news and commercials and furthermore a wellspring of excitement for us. Telecommunication:    Media transmission is the most imperative method of correspondence. It builds up direct connection between two gatherings situated at better places and whenever. Telephone utility was begun in 1881 in India however in the most recent two decades, there has been gigantic development in media transmission division. India has now the biggest media transmission arrange in Asia. Moreover cellular services are at boom in the country.

Disease Trends and the Delivery of Health Care Services Essay

There are many misconceptions about how to help a drug addict. Some people believe conquering a drug addiction is a matter of will power, and an addict who truly wants to end the dependency on drugs can easily turn away from the narcotic. However, drug addiction is much more complex than simply altering behavior. In order to help a drug addict, one must understand that addiction is a chronic brain disease and the battle to overcome it will most certainly be hard fought. 1: Know the signs and symptoms of drug dependency. A radical change in personality may indicate an individual is abusing drugs. Personality changes are a common sign of all types of drug addiction, including alcoholism, a dependency on prescription drugs and opiate abuse. Needle marks may be evident on the arms of someone who is abusing opiates, although many addicts become skilled at hiding evidence of intravenous drug use by injecting the drugs in unseen areas, such as between the toes. Opiate abusers may appear unusually thirsty or sweaty. The pupils of opiate abusers often appear as pinpoints. The frequent smell of alcohol is a red flag of alcoholism. Alcoholics may exhibit irritable behavior, slurred speech, unusually bright or glassy eyes and difficulty expressing thoughts and ideas in a logical manner. Alcoholics often try to hide the physical evidence of their addiction, including empty bottles and cans. Individuals abusing prescription drugs may exhibit sings of intoxication, including clumsiness and slurred speech. Someone with a dependency on prescription drugs may appear droopy eyed. 2: Consider staging an intervention so the addict’s loved ones can demonstrate how the drug abuse is affecting them. An intervention may also include the addict’s colleagues and church representatives. While an intervention will likely be overwhelming to the addict, the intent is not to put the addict on the defensive, and you should carefully select intervention participants. Prior to the intervention, develop at least one treatment plan to offer to the addict. The intervention will mean little if the addict does not know how to get help and does not have the support of loved ones. The loved ones staging the intervention may consider enrolling the addict in a treatment program prior to the intervention without the addict’s knowledge. Participants should prepare specific examples of how their loved one’s drug abuse has hurt them. Often, those staging an intervention choose to write letters to the addict. An addict may not care about self-destructive behaviors, but seeing the pain drug abuse inflicts on others can be a powerful motivator for seeking help. Do not wait until the addict’s behavior has spiraled so far out of control that relationships and situations cannot be repaired. Ideally, the addict should seek help for addiction before consequences, such as job loss, abuse and neglect of loved ones and financial ruin, occur. Be prepared to offer specific consequences if the addict rejects seeking treatment. These consequences must not be empty threats, so the addict’s loved ones should consider the consequences they will impose if the addict does not seek treatment and be willing to follow through with them. 3: Find an appropriate drug rehabilitation program. If the addict is going to be escorted to the drug treatment center directly from the intervention, arrangements must be made beforehand. If an intervention is not necessary, assist the addict in researching both the addiction and recommended drug treatment plans. Be supportive and allow the addict to feel in control of the impending rehabilitation. Contact several rehabilitation clinics and inquire about their services. Don’t be afraid to ask specific questions about their daily schedules and how they handle relapses. Ask if you may tour the facility, and keep in mind that the more receptive the addict is of the treatment plan, the better the chances of overcoming the addiction. 4: Expect relapses. Because drug addiction is a chronic disease, it can be managed, but not cured. Relapses will most likely happen, and the addict should not consider a relapse a failure. However, treatment will be needed following each relapse. 5: Be the best friend you can be. Be there for them (text, call, see them, do fun activities, play sports, hang out, and support their hobbies and interests often. This means you should also hang out with them or suggest a favorite activity of theirs (no matter how much you don’t like it) when they try to shrug off or are offered their substance. Try to remain positive in your outings with them. They need to know that there will be people to support them on the road to recovery. : Encourage and suggest the potential freedoms of new, healthier lifestyles, when the addict recovers. Edit Tips Being that addiction is a physical, mental, and spiritual disease; this too, as well, should be the goal (in this order) to overcoming/meeting the disease head on. Howie I am doing this to help u out because I love u so much and I want u to read this. I have also read this to help me understand. Idk if u understand or not but I love u so much that I want u to get help†¦I love u with all my heart baby please get help. I love you†¦Ã¢â‚¬ ¦love always Cassandra rose dutcher

American Eagle vs. Urban Outfitters - 1647 Words

American Eagle Vs Urban Outfitters Introduction Financial ratio’s / accounting ratio’s are best described as being â€Å"the relative magnitude of two or more selected numerical values taken from an enterprise’s financial statements (Libby, Libby, Libby amp; Short, 2011),† in order to evaluate the overall financial condition of a business. Whether they are viewed by stakeholders within a firm, or current and potential stakeholders outside of the enterprise, financial ratios can used to compare the strength of a company against its own performance objectives, or in comparison to those of its leading competitors within the industry. In this paper, we compare Urban Outfitters and American Eagle against each other†¦show more content†¦As can be seen in the Debt/Equity comparison chart above, Urban Outfitters has the lowest Debt/Equity ratio of the three, which means that instead of having to use its scarce resources to pay back high levels of principal and interest on its long-term financial oblig ations, it can instead return a higher percentage of its revenue for the period to its shareholders. An action that rest assured will be reviewed very positively by stakeholders and investors in the company. Profit | Urban Outfitters | American Eagle | Industry Average | Profit margin | 10.9% | 6.0% | 3.8% | Return on equity | 20.9% | 13.0% | 13.1% | Earnings per share | $1.02 | $0.87 | N/A | Profitability ratios provide insight into how much profit a company generates with the money that shareholders have invested in the company. Profit margin, return on equity, and earnings per share are all forms of profitability ratios (Stocks Simplified, 2011). With its 10.9% profit margin ration, Urban Outfitters is substantially more effective than American Eagle Outfitters at controlling its costs. Calculated as net income divided by revenue, or net profit divided by sales, â€Å"the profit margin ratio is a measurement of how much out of every dollar of sales a company actually keeps in earnings† (Stocks Simplified,Show MoreRelatedMarketing Channel44625 Words   |  179 PagesAnswer: C Diff: 3 Page Ref: 387 AACSB: Use of IT Skill: Concept Objective: 13-3 56) Most ________ retailers are significantly behind ________ retailers in global expansion. A) African; Peruvian B) European; American C) American; European and Asian D) Asian; American E) Asian; African Answer: C Diff: 3 Page Ref: 388 AACSB: Multicultural and Diversity Skill: Concept Objective: 13-3 57) ________, the world s second largest retailer after Wal-Mart, has embarked on an aggressive

International Students Essay example - 1074 Words

Differences between American Students and International Students Most young people believe that studying in a different country is a privilege because they are able to experience other cultures, and learn from them. However, in the United States it is not as good as they thought because International students have much more pressure being in this country, and sometimes they cannot handle it very well. Therefore, in the United States the life of an international student is very unfavorable if people compare it to the life of an American student. International students have to learn a new language to study, they cannot work while studying, and their tuition is much more expensive. When people moves to the United Stated to study they†¦show more content†¦They know their structure and have a very superior vocabulary, so they can compose excellent essays. In addition, since American students speak English very well, they do not have any problem participating in class. 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